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Elliott Wave

Case Study based on Elliott Waves on exampled chart Tata MotorsHello Friends, Today we are plotting Elliott wave counts on Case study chart of "Tata Motors Ltd". In this study we used Elliott Wave Theory & Structures, it involves multiple possibilities, and the analysis presented focuses on one potential scenario. The provided information is for educational purposes only, not trading advice. There's a risk of being completely wrong, and users are warned not to trade or invest solely based on this study. The content is not an advisory and does not guarantee profits, We are not responsible for any kind of profits and losses; individuals should consult a financial advisor before making any trading or investment decisions. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:TATAMOTORSLong
by RK_Chaarts
Velodrome (VELO) Potential Upside – Mirroring Aerodrome’s Rally?If you look at the recent price action of Velodromefinance (VELO) side by side with Aerodromefinance (AERO), there’s an intriguing similarity in the charts. Both tokens had large drawdowns of around –62% over roughly the same time span (about 19–20 days) before Aerodrome launched into a massive rally back in March. The Setup Price Action: Velodrome is currently hovering around the lower range after its –62% drop. This consolidation period is often where accumulation happens if buyers are stepping in. RSI: The Relative Strength Index shows momentum potentially starting to shift from oversold territory, hinting that buying pressure could be building. Williams %R : Often used as an overbought/oversold indicator, it’s also turning from deep negative territory, another sign that prices might have bottomed and could be poised for a move upward. Volume: Although Aerodrome’s volume spike was on a smaller absolute scale, the uptick in Velodrome’s volume could be a bullish sign if it continues—higher volume on price upticks usually confirms stronger buying interest. Why the Bulls Are Hopeful Similar Trajectory: Aerodrome followed a major correction with a sudden upside push—many are eyeing Velodrome to do the same. Consolidation Base: When a token spends time “flatlining” near support, it can build a springboard effect if a catalyst (such as new partnerships, listings, or broader market rallies) arrives. Growing Demand: If Velodrome gains traction in its ecosystem—through staking, new protocol features, or simply community hype—it might attract fresh buyers ready to catch the next wave. Key Resistance Levels & Targets $0.20–$0.22: This is the first band of potential resistance where VELO’s last consolidation took place. Breaking above that zone could signal stronger upside momentum. $0.25+: If momentum really picks up, reclaiming this zone would be a major psychological win. It might open the way for a run back toward previous swing highs. Risk Factors As with any crypto asset, there’s no guarantee that Velodrome will mirror Aerodrome’s breakout—market conditions could change suddenly. Always be mindful of potential volatility. Keep an eye on RSI, volume, and overall market sentiment to gauge if the setup remains favorable or if weakness creeps back in. “And hey, if VELO doesn’t go parabolic any time soon—just tell everyone you’re ‘in it for the technology.’ Works every time!”
Long
by Pakcryptonomics
Tesla Inc. (TSLA) Analysis and Price Projections for 2025Tesla Inc. (TSLA) Analysis and Price Projections for 2025 (3-to-5-Month Outlook) Below is my analysis for each chart with a focus on Elliott Wave patterns, Fibonacci levels, and potential buy-the-dip opportunities. Tesla Inc. (TSLA) Current Price: $403.84 Key Levels: Resistance: $488.54 (Wave 5 high). Support: $340.81 (38.2% retracement), $295.17 (50% retracement). Outlook: TSLA has likely completed Wave 5 and is in a correction. Expect pullbacks to $340.81 or $295.17 before a potential recovery. Projection: TSLA could rebound to $420-$450 by Q2 2025. Now, a huge factor is FSB and Robo Taxi's. TSLA could very well reach $1,000.00 by year end 2025 if those factors materialize in the first and second quarter 2025.
NASDAQ:TSLA
by scotthenderson
Alphabet Inc. (GOOG) Analysis and Price Projections for 2025Alphabet Inc. (GOOG) Analysis and Price Projections for 2025 (3-to-5-Month Outlook) Below is my analysis for each chart with a focus on Elliott Wave patterns, Fibonacci levels, and potential buy-the-dip opportunities. Alphabet Inc. (GOOG) Current Price: $190.44 Key Levels: Resistance: $202.88 (Wave 5 peak). Support: $157.77 (100% retracement), $143.16 (50% retracement). Outlook: GOOG appears to be correcting after Wave 5. Key support levels to watch are $157.77 and $143.16, which could provide good entry points. Projection: After consolidation, GOOG could aim for $190-$200 by mid-2025.
NASDAQ:GOOG
by scotthenderson
Netflix Inc. (NFLX) Analysis and Price Projections for 2025Netflix Inc. (NFLX) analysis and Price Projections for 2025 (3-to-5-Month Outlook) Below is my analysis for each chart with a focus on Elliott Wave patterns, Fibonacci levels, and potential buy-the-dip opportunities. Netflix Inc. (NFLX) Current Price: $891.32 Key Levels: Resistance: $941.75 (Wave 5 high). Support: $644.16 (38.2% retracement), $460.30 (61.8% retracement). Outlook: NFLX shows signs of a Wave 5 peak and is likely heading into a deeper correction. Support levels at $644.16 and $460.30 are key areas to watch. Projection: NFLX could rebound from these levels to test $800-$850 by mid-2025.
NASDAQ:NFLX
by scotthenderson
META Analysis and Price Projections for 2025Analysis and Price Projections for 2025 (3-to-5-Month Outlook) Below is my analysis for each chart with a focus on Elliott Wave patterns, Fibonacci levels, and potential buy-the-dip opportunities. Meta Platforms Inc. (META) Current Price: $585.51 Key Levels: Resistance: $716.05 (0.618 Fibonacci extension). Support: $526.45 (50% retracement), $500.00 (61.8% retracement). Outlook: META is likely in a corrective phase after completing Wave 5. A pullback to $526.45 or $500.00 could provide attractive entry points. Projection: META may recover to test the $650-$700 range by late Q2 2025. The degree of that Impulse Wave will determine if we end the within 2024 range or we breakout more towards $750 or $800 in 2025.
NASDAQ:META
by scotthenderson
AMZN Analysis and Price Projections for 2025 Analysis and Price Projections for 2025 (3-to-5-Month Outlook) Below is my analysis for each chart with a focus on Elliott Wave patterns, Fibonacci levels, and potential buy-the-dip opportunities. Amazon.com Inc. (AMZN) Current Price: $219.39 Key Levels: Resistance: $233.00 (Wave 5 peak). Support: $175.10 (38.2% retracement), $157.22 (50% retracement). Outlook: AMZN has likely completed Wave 5 and is in an ABC correction. Key levels to watch are $175.10 and $157.22 as buy-the-dip zones. Projection: A bounce from these levels could see AMZN trading back towards $200-$220 in the next 3-5 months and maybe $250.00 by year end.
NASDAQ:AMZN
by scotthenderson
Technical analysis comparing SPX, RUT, and DJIChart comparing supercycle structures of SPX, RUT, and DJT. Supercycle starts October 1974. Wave 1 peaks are in 2007-2008, wave 2's are zigzags that end in March 2009. Wave 3 terminates in November 2021 for RUT and DJT,ithe latter of which has a blow-off top. SPX wave 3 terminates in January 2022. Wave 4 assumes all three indices are forming flats. SPX and RUT formed all time highs in December 2024 and November 2024, respectively. DJT's all time high is still November 2021. If DJT's wave 4 is a regular flat, then RUT and SPX are most likely expanded flats. Each index would then be in wave C of their flats, and each would be looking to take out their 2022 lows. Therefore, for SPX, price should move down quickly towards 3491.58 to complete wave 4. Wave 5 would be impulse waves back up towards all time highs, for a new bull market over the next 5-10 years.
SP:SPXShort
by discobiscuit
PEPE, long term super cycle awaits!This is how PEPE could play out in the long-term assuming that we're putting in wave 1, which looks like a leading diaganol. In the medium term we're likely to see some lows as the minor wave 1 corrects for the clearly visible ABC. But, then hold on to your hats as we put in wave 3 which is always the most violent. If you're not out of your shorts by then, this pattern could ripe your face clean off. In any case, keep an eye and plan for early retirement. Follow for more.
BITFINEX:PEPEUSDLong
by cryptechcapital
1
Analyzing MicroStrategy's Price Action & Impulse Wave FormationGreetings Everyone, Happy New Year! To kick off the year with momentum, I've revisited and updated the MSTR chart for fresh insights. Not financial advice MicroStrategy (MSTR) is a leading business intelligence and analytics company, well-known for its significant investments in Bitcoin. Its stock price is closely tied to both its core business and Bitcoin's performance, making it an exciting watch for 2025. Key Levels: Near term key levels are highlighted in orange. Overthrow : A concept in EW theory that explains the momentous break of a uptrend channel which then reverses strongly in the opposite direction often indicating buyer weakness. Notice the 47.88% draw down since this overthrown candle. Wishing you all a prosperous year ahead and a fantastic day! Best regards, CL
BMV:MSTRShort
by coilemard
1
GOLD TREND FOR 2025Dear all my trader friends. As I wish disciplined life for you then you can figure out how I care about you. HAPPY NEW YEAR . . We are still in a down trend till a shot under 2600.00 Dollar. Thats a psychological trick to make fear in market. . . So many other news are here that seems nothing is normal like Donald Trump wants to replace BTC with Gold. Its even crazy to talk about and seems to be a over 5 years plan. So i dont care about it I want trade this Lovly XAU daily.
OANDA:XAUUSDShort
by armindehghani
Gold is Ready to Attack to Heavy Support zone!!!Gold ( OANDA:XAUUSD ) seems to have managed to break the 100_SMA(Daily) , the Support zone($2,613-$2,608) , and the lower line of the ascending channel and is currently moving in the Heavy Support zone($2,605-$2,584) . According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 5 . In terms of Classical Technical Analysis , with the breaking of the lower line of the ascending channel, we can also see the Bearish Flag Pattern well in the higher time frame . I expect Gold to GO down at least as wide as the ascending channel and go down to the Potential Reversal Zone(PRZ) and 21_SMA(Weekly) . ⚠️Note: If Gold breaks the 100_SMA(Daily) and Resistance lines, we should expect Gold to rise further.⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
3
NZDUSD Wave Analysis 31 December 2024 - NZDUSD broke key support 0.5600 - Likely to fall to support level 0.5500 NZDUSD currency pair under the bearish pressure after breaking the key support 0.5600, which stopped the previous long-term ABC correction (2) earlier this month. The breakout of the support 0.5600 strengthened the bearish pressure on this currency pair. Given the multi-month downtrend, NZDUSD currency pair can be expected to fall to the next major support level 0.5500 (which stopped multiyear downtrend in 2022) - from where the upward correction is likely.
Short
by FxProGlobal