Elliott Wave
EVO Elliot-Wave AnalysisDespite the very strong financials, the EVO chart is stuck in a correction since Apr '21.
I think there still is a bit more downside potential. The price should eventually find support in the green box, and ideally start forming a bottom in this area.
Potentially the price could drop even lower, but thats not my main scenario.
Either way, it will probably take multipe monts, untill the price will start surging again.
I see massive value at these prices! I will start buying aggressively, when the price is entering the green box.
BTC - The path to $74kBtc is well on its way to $74,000 pull back area. The path is tradeable as a short, but will have steep counter rallies. See below. Murrey Math, Elliot Wave, and Kumar Wave are being used for this analysis. After this wave is complete, I am not sure that a new high will follow immediately afterward. A more protracted 3 wave multi year bear is certainly possible taking us down to the $50 - $40k range, but I will review that more closely after the shape of this decline takes hold. I would recommend shorts for now and then buys near the $75k level.
Bitcoin Roadmap=>Short-term!!!As I expected, Bitcoin ( BINANCE:BTCUSDT ) once again attacked the 50_SMA(Daily) but failed to defeat it .
Bitcoin is currently moving near Heavy Support zone($95,000-$90,870) , Support zone($96,620-$95,520) and Potential Reversal Zone(PRZ) .
According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing the main wave 4 . To confirm the end of the main wave 4 , we need to confirm the break of the 50_SMA(Daily) .
It also seems that Bitcoin in microwaves should experience an upward movement in the coming hours.
I expect Bitcoin to at least rise to the Targets I have specified in the chart.
⚠️Note: If Bitcoin goes below the 50_SMA(Daily), we can expect a break of the Heavy Support zone($95,000-$90,870).⚠️
⚠️Note: In general, the analysis is short-term, and holding a long position for targets above the Resistance zone($100,000-$98,130) is a little risky.⚠️
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Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰.
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APTOS APTOS Elliot Wave analysis
- This looks like a healthy structure on the way to the presented white Fibonacci levels between $ 27 and $ 38. Those targets are against the blues Fibonacci supports.
SPX, SPY, QQQ, NDX, Bitcoin, MSTR: ShortI did a video update on the 4 symbols:
1. S&P 500
2. Nasdaq
3. Bitcoin
4. Microstrategy
I believe that we are going to crash on a wave 3 down.
BTCUSD 15 minWatching Vasco Rossi's concert with the most beautiful Italian rock song in the world.
"Siamo solo noi"...
gone short now
Check my previous post
4336 Mulkia Reit (Wave Analysis)4336 Mulkia Reit (Wave Analysis)
We are in downtrend in wave 5 from wave C or wave 3
Regrads,
LCID Elliott-Wave AnalysisLUCID Chart looks like, it has established a bottom in Nov '24.
Im expecting the first Elliott Wave-1 (shortterm uptrend) soon to be finished .
Afterward we should start retracing, potentially finding support in the green area.
Eventough the financials dont leave much room for a bullish interpretation, expect the Revenue-Growthrate, Im anticipating further future upside potential for LUCID.
Short BTCAs mentioned earlierIt seems that wave B of the big correction ended and wave c began to form downwards when the price channel is broken the small wave 2 is over and the speed will descend strongly in wave 3
Elliott Wave Analysis: Wave 5 Target in Sight for Nifty 50Elliott Wave Structure and Current Market Context:
The Nifty 50 daily chart shows a textbook Elliott Wave corrective pattern, currently in the final leg (Wave 5) of a downward move. Here's how the waves are structured:
Wave 1: Initiated the bearish trend with a significant drop.
Wave 2: A corrective bounce, retracing to the 0.618 Fibonacci level, which is typical in Elliott Wave corrections.
Wave 3: The strongest and most impulsive leg of the move, extending below Wave 1, with high momentum and volume.
Wave 4: A countertrend rally to the 0.382 Fibonacci retracement, indicating a weakening bullish momentum.
Wave 5: The ongoing move, which is expected to extend downward and complete the cycle near key support levels.
Technical Insights:
Bearish Flag in Wave 5:
The consolidation visible on the chart during Wave 5 resembles a bearish flag, a continuation pattern that usually precedes another downward move.
A breakdown below the 23,750 level would confirm the flag's bearish potential, paving the way for further declines.
Fibonacci Levels and Targets:
Wave 5 often aligns with the 1.618 Fibonacci extension of Wave 3, placing the primary target around 23,300–23,250.
This area also coincides with horizontal support from previous price action, adding confluence to the target zone.
In case of stronger bearish momentum, an extended Wave 5 could push prices toward 23,000, which serves as a psychological support level.
Wave Invalidation Levels:
For the bearish scenario to remain valid, prices must stay below 24,500.
A sustained move above this level would signal the start of a new bullish trend or a more complex corrective structure, invalidating Wave 5.
Refined Trade Plan:
Bearish Scenario (High Probability):
Entry: Enter short positions on a confirmed breakdown below 23,750, with increased selling volume and momentum.
Stop-Loss: Place stops above 24,000, ensuring protection against false breakdowns.
Targets:
Target 1: 23,300, the expected end of Wave 5.
Target 2: 23,000, in case of extended bearish momentum.
Bullish Reversal Scenario (Low Probability):
If prices break above 24,500, Wave 5 could be invalid.
In this case, enter long positions above 24,600, targeting 25,200, which aligns with the 0.618 Fibonacci retracement of the larger downtrend.
Key Indicators to Watch:
Volume: A sharp increase during the breakdown would validate the bearish continuation.
RSI Divergence: Check for bullish divergence in RSI near 23,300 to identify reversal potential.
Candlestick Patterns: Monitor for strong bearish candles during the breakdown or reversal signals near support zones.
This analysis provides a clear structure for trading Nifty 50 in the coming week, focusing on Elliott Wave theory and Fibonacci retracements for precision. The bearish scenario is currently favored, but traders should remain flexible and adapt to price action around key levels.
BAC Targeting New Highs?
Bulls are showing reaction in the 50% pullback level, which could be the beginning of green wave V.
Even if we don't see new highs, I do believe we should see an upside correction targeting the 2 purple lines.
AUDCAD Reversal in SightThe downtrend is losing strength against the bottom green descending trendline.
I expect a reversal to the upside soon, targeting the levels shown in the chart.
My primary wave count considers this to be the end of several "ABCs"
TSLA 4H Chart Wave COunt
My primary count for TSLA shows we're currently in red IV correction, inside blue 5 / green III.
Unless we see a major reversal, dips are for buying until green V wraps up.
Bitcoin Sell Zones based on previous trend and timelinesYou will see on the chart that the ideal sell zones are marked from the previous bull runs. I based this on timescales from tops to tops / bottoms to tops and a potential double top. I would be very mindful that this time around people who were left holding the bag last time around will take profit earlier... as will I! :)
More down for BitcoinHi traders,
Last week Bitcoin retested the Daily FVG and finished a (Flat) correction pattern up after sweeping the previous highs (orange B-wave). After that it rejected and went lower.
Now we could see another move down to finish the bigger (orange) A-B-C correction down.
Let's see what the market does and react.
Trade idea: Wait for a change in orderflow to bearish and trade shorts into the lower Weekly FVG.
If you want to learn more about trading ICT concepts with wave analysis, please make sure to follow me, give a boost or respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals.
Don't be emotional, just trade!
Eduwave
Another drop for goldHi traders,
Last week XAUUSD made a bigger correction up, retested the whole Daily FVG rejected from there and went lower.
Next week we could see price drop again (after a small correction up) to finish the (orange) W-X-Y Zigzag correction.
Let's see what price does and react.
Trade idea: Wait for a change in orderflow to bearish after a correction up on a lower timeframe to trade shorts.
If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals.
Don't be emotional, just trade!
Eduwave
Another move down for SPX500USDHi traders,
Last week SPX500USD made a correction up and retested the whole Daily FVG above.
After that this pair dropped again.
Next week we could see a correction up and another drop.
Trade idea: Wait for the correction up and retest into the 4H FVG's. After a change in orderflow to bearish, you could trade shorts.
If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals.
Don't be emotional, just trade!
Eduwave
Next move down for EUHi traders,
Last week EU consolidated some more and retested the Daily FVG.
Next week we could see this pair go lower again to finish wave 5 (black).
Let's see what the market does and react.
Trade idea: Wait for a change in orderflow to bearish on a lower timeframe and trade shorts.
If you want to see more from my analysis, please make sure to follow me, give a boost or respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
