Elliott Wave
Dogecoin Wave Analysis 29 January 2025
- Dogecoin reversed from strong support level 0.3040
- Likely to rise to resistance level 0.3565
Dogecoin cryptocurrency recently reversed up from the strong support level 0.3040 (which has been repeatedly reversing the price from December) intersecting with the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from November.
The upward reversal from the support level 0.3040 stopped the previous short-term ABC correction 2.
Given the clear daily uptrend, Dogecoin cryptocurrency can be expected to rise further to the next resistance level 0.3565.
GBPAUD Wave Analysis 29 January 2025
- GBPAUD rising inside impulse wave 3
- Likely to rise to resistance level 2.0100
GBPAUD currency pair continues to rise inside the minor impulse wave 3, which started earlier from the key support level 1.9600 – which reversed the price for 5 consecutive days.
The support level 1.9600 was strengthened by the lower daily Bollinger Band and by the 61.8% Fibonacci correction of the upward impulse from November.
Given the strong daily uptrend, GBPAUD can be expected to rise further to the next resistance level 2.0100 (which stopped the previous minor correction ii at the start of this month).
APE / APEUSDTGood Luck >>
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GOLD → Consolidation ahead of Fed rate meetingFX:XAUUSD is recovering ahead of Fed rates and Powell's speech. The price is consolidating as traders are not ready for premature action. What could happen?
Gold is holding near $2,770 in Asian trading in anticipation of Wednesday's Fed decision. Investors are cautious as the regulator may pause rate cuts and give hints on future policy. Markets expect two 25bp cuts this year, but Powell's rhetoric will determine the way forward.
Factors supporting gold: dollar correction, risk stabilization and holiday season in Asia. However, Trump's trade policy may increase inflation, forcing the Fed to keep high rates longer, which is negative for gold.
But! Further movement depends solely on Powell's rhetoric.
Resistance levels: 2765, 2771
Support levels: 2759, 2745
Technically, after breaking the bullish structure and updating the lows, the price is recovering in search of resistance and liquidity to continue the probable decline. But it depends on economic data. Possible false break of 2771 resistance before further decline.
Regards R. Linda!
AliBABA Remains In A Larger Bullish Triangle PatternAlibaba is up after the company releases AI model it says surpasses DeepSeek-v3.
Alibaba with ticker BABA is trading sideways for two years, but we are tracking a larger bullish ABCDE triangle pattern in circled wave B before we will see a continuation higher for circled wave C.
With recent rebound away from the lower triangle line due to the release of AI model that surpasses DeepSeek, seems like subwave C is finished and it's now rising within wave D which can recover the price back to the upper triangle line before we will see another and final wave E slow down to complete a triangle in circled wave B.
$130K HERE WE COME! #BTCRight now I'm seeing so much fear across social media regarding BTC price that I cannot help but post that we are basically in wave 2 correction of a larger wave 5, and the wave 2 has probably ended or is about to end at any moment, so just sit back and relax and keep HODLing on cuz the wave 3 target is $130K minimum!
$SPY January 29, 2025AMEX:SPY January 29, 2025
15 Minutes.
AMEX:SPY was around 604 levels most of the time yesterday. This sideways helped the moving averages to rise.
Also 604 was 61.8% retracement for the larger fall from 610 to 594 levels. Hence was resisted yesterday.
It was also 1.618 extension for the rise 594 to 599 to 596 level.
Today holding 602 levels i have a target 606-607 levels.
I will sell below 600 for 598.5 levels.
R: R on sell is not much favorable. So, i will not sell at the moment.
Bitcoin - Crash to 50k in 2026! (Best cycles analysis)In this very detailed and unique analysis, we will look at the most important Bitcoin fundamental analysis of halving cycles. I predict Bitcoin will crash to 50k in 2026, so if you are buying now for the long term as an investment (buy and hold), you can probably wait for a better price!
Statistically, Bitcoin crashes every 4 years by 86% to 77%. The market cap is getting bigger as institutions stepping in, so this time I expect a weaker crash (around 65%). Still, it's a huge crash, and many investors will sell at a loss as usual. Knowledge of the Bitcoin cycles will save you a lot of money.
We are in the final stage of the bullish cycle, and this cycle should end between February and November 2025. When you draw a trendline on the linear monthly chart, you will get a target of around 125,000 USD. This is a good level to sell Bitcoin. I would never listen to moon boys that are screaming that Bitcoin will never go down and Bitcoin will reach 500k or 1M in the next months. That's due to an already big market cap, pretty much impossible. After we finish this bull cycle, we can expect a massive crash to 50k in 2026. For people who are prepared, this may be an incredible investment opportunity. Also, you can short Bitcoin at the top and ride the investment in the opposite direction, plus you will make money on funding fees every 8 hours.
Bitcoin halving is coded to occur once every 210,000 blocks, or roughly every four years, and will continue in this fashion until the final supply of 21 million BTC is reached. It is assumed that the last BTC will be mined in 2140. After that, transaction fees are supposed to be the only source of block rewards for miners.
Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BTC outlookBitcoin may have technically completed its **macro 5th wave**, but there’s also the possibility that what we’re seeing is just **wave 1 of 5** within that final impulse. If that's the case, this would mean we’re in the early stages of an extended 5th wave structure, implying that after a corrective wave 2, we could still see much higher prices as waves 3, 4, and 5 unfold. Watching how BTC reacts to key retracement levels will be crucial in determining which scenario is playing out. 🚀
GBP/USD Elliott Wave Update: Wave 4 Nearing Completion with Key The GBP/USD pair is approaching the end of Wave 4, with a potential support zone forming at the expected terminal point of the wave. If this level holds, we could see the start of Wave 5, presenting a possible bullish opportunity. Traders should watch for confirmation signals and key reaction levels to anticipate the next move. Stay tuned for detailed market insights and trade setups based on Elliott Wave analysis. 📊📈
BTC - 1D Elliott Wave AnalysisGreetings, here is an update on my 1D Elliott Wave count for BTC.
It seems as we have topped in blue Wave 3 at around 108k USD and are working on the correction towards the blue Wave 4 support in and ABC.
The blue Wave 4 support lies between the 0.236 FIB at 90942 USD and the 0.618 FIB at 68476 USD. The red Wave B could be in but it seems we are still working on it.
After we finish the blue Wave 4 we are going to look for a rally in blue Wave 5 which could be the bull market top. Targets for blue Wave 5 are the 1.236 FIB at 115949 USD, the 1.38 FIB at 128222 USD and the 1.618 FIB at 151421 USD. After we finished blue Wave 4 we can calculate further targets for the blue Wave 4. We also think that the 1.236 FIB at 115949 USD target would be rather shallow for a bull market top and it unlikely but not impossible.
Thanks for reading.
NO FINANCIAL ADVICE.
FTSE In Process Of 5 Waves Advance With Pullback ExpectationShort Term Elliott Wave View in FTSE index shows that the Index breaks to new all-time highs confirming the right side of the market remains bullish. The rally from 12.20.2024 low looks to be extending higher in an impulsive structure within wave 1. While pullback to 8002.28 low ended wave (4) as a triangle consolidation & made new highs supports more strength to continue. Up from wave (4), wave (i) ended at 8152.01 high and wave (ii) pullback ended at 8094.88 low.
The Index resumed higher in wave (iii) which ended at 8270.60 high. Pullback in wave (iv) ended at 8189.50 low. The final leg wave (v) ended at 8326.32 low which also completed wave ((i)) in higher degree. Index then pullback in wave ((ii)) which ended at 8192.31 low. Index has resumed higher again in wave ((iii)). Up from wave ((ii)) low, lesser degree wave (i) ended at 8244.31 high. Pullback in wave (ii) ended at 8193.54 low. Wave (iii) higher ended at 8584.73 high and pullback in wave (iv) ended at 8527.92 low. Then final push higher towards 8586.68 high ended wave (v) thus completed wave ((iii)). Down from there, wave ((iv)) pullback ended at 8462.18 low. Near-term, as far as dips remain above 8462.18 low the index is in process of 3 waves advance with 1 more push higher. Minimum towards 8616.11- 8663.95 area higher to end wave ((v)) of 1. Afterwards, a pullback in wave 2 is expected to take place in 3, 7 or 11 swings before more upside resumes.
XRP → Resistance retest before correction BINANCE:XRPUSDT over yesterday evening bought back the previously formed fall, but faced strong resistance, which delimits the descending channel. A correction could possibly form...
After a strong rise (on D1) XRP is going into a correction, the remarkable thing is that the correction is within a descending channel, or flag, the essence of which is the continuation of the trend. Let me remind you that the global trend is bullish.
Technically, on the local , a false resistance breakout and correction may be formed, for example, to 3K or 0.5 fibo before the market starts to form the potential for a breakout of the channel resistance in order to continue the growth.
Support levels: 3000, 0.5 fibo (2.900)
Resistance levels: 3.144, 3.2
The liquidity formed in the zone 3.14 - 3.2 may not let the coin up the first time. In the short term, I expect a false breakout and correction to the targets indicated on the chart.
Regards R. Linda!
Alibaba Wave Analysis 28 January 2025
- Alibaba broke resistance zone
- Likely to rise to resistance level 100.00
Alibaba recently broke the resistance zone between the resistance level 93.50 (a former yearly high from December) and the 61.8% Fibonacci correction of the downward impulse from November.
The breakout of this resistance zone accelerated active impulse wave 3, which has been part of the intermediate impulse wave (C) since the beginning of January.
Alibaba can be expected to rise further to the next round resistance level 100.00 (which stopped the previous minor correction iv in November).
EURUSD Near Ascending Channel’s Peak: Will It Reverse?EURUSD ( FX:EURUSD ) rose to the Resistance zone($1.054-$1.044), as I expected in the previous idea .
EURUSD is moving in the Resistance zone($1.054-$1.044) and near the upper line of the Ascending Channel ( the role of resistance ).
According to the theory of Elliott waves , it seems that EURUSD has completed 5 impulsive waves , and we should wait for corrective waves .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
I expect EURUSD to fall at least to the Targets I have marked on the chart .
What do you think? Will EURUSD break the Resistance zone($1.054-$1.044) or back to test the Support zone($1.039-$1.033)?
Note: If EURUSD breaks the Resistance zone($1.054-$1.044), we can expect more pumps.
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S.Dollar Analyze (EURUSD), 2-hour time frame.
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Bitcoin’s Next Move: Long Setup or Deeper Correction Below $95K?As I expected , Bitcoin ( BINANCE:BTCUSDT ) continued to fall to the Support zone($101,280-$99,500) , and it even seems that it has broken .
Bitcoin is moving near the Support zone($101,280-$99,500) , a set of support lines , the 50_SMA(Daily) , and the Monthly Pivot Point .
According to the theory of Elliott waves , Bitcoin seems to have completed the main wave 3 and is completing the main wave 4 .
I expect Bitcoin to follow the Roadmap I outlined in my chart in the coming hours . Because Bitcoin is near the set of support parameters , I chose the label of this idea as LONG .
Note: Like the previous Mondays, the purchase MicroStrategy company continues buying Bitcoin=>"MicroStrategy Buys 10,107 Bitcoin For $1.1 Billion."
Note: If Bitcoin can touch $104,200, it will fill the CME Gap($105,500-$104,695) in the next step, and it is possible to form a new All-Time High(ATH).
Note: If Bitcoin goes below $95,000, we should expect more corrections from Bitcoin.
Has the main Correction of Bitcoin started!? Please share your ideas in the comments.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; 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.