ARWEAVEAR started a possible major 3rd impulse wave since Oct '23. A bullish continuation is expected soon to target +$100 per share.
Passing $24.50 is bullish confirmation.
Breaking $3.75 invalidates the idea.
Elliott Wave
GOLD → Correction ahead of PPI before falling to $2470FX:XAUUSD on the news continues its bearish rally. The price is breaking the structure of 2547. A false breakdown and counter-trend correction may form before PPI and Powell's speech...
Demand for the dollar rises at the expense of gold. Trump-led euphoria continues to support the index despite relatively weak CPI data and the stance of Fed policymakers. In the medium term, the focus is on the next Fed rate meeting. The most likely scenario is a 0.25% rate cut.
Bulls in gold are likely to have to reassess their medium-term targets as the dollar's rise caused by Trump's trade is outweighed despite the Fed's relatively dovish stance.
For today, all eyes are on Powell's speech and PPI and jobless claims.
Technically, gold is testing the important level of 2546 as part of a strong decline. A false breakdown and correction is possible.
Resistance levels: 2577, 2589, 2595
Support levels: 2546, 2531, 2500
Before the news, a rebound to the imbalance zone or local resistance may be formed in the hope to win back the losing positions of those who have not yet managed to leave the market. I expect that after the correction the price will continue its decline.
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;)
Regards R. Linda!
Wave A correction on Gold is completeGold finished it's supercycle wave 5 at 2790 and pulled back 23.6% of it's move completing a wave A of what probably will be a sharp ABC correction.
This is the only Dollar chart you’ll need for 2025The current strong recovery of the US dollar is largely Trump-related, as his policies suggest that the economy could expand, potentially leading to higher inflation and rates to counteract it. It’s important to recognize that this move since the end of October is a type of euphoria or optimism surrounding Trump. However, once Trump actually takes office, we may see new flows and trend directions emerge.
In Trump’s previous term, the dollar turned lower quite aggressively, topping in December 2016/ January 2017. I’m wondering if we could see a similar price action this time. In Elliott wave terms, we should definitely be aware of a potential reversal. Looking at the current chart, we see five waves down followed by an ABC recovery—the most basic and clear Elliott wave structure. The five-wave decline signals a bearish trend starting in 2022/23, and the current pause could set up for another drop in the dollar.
Always when you track a correction or a counter-trend move, watch for a three-wave pattern before concluding that the dollar has reached a resistance point. Currently, wave C is still ongoing, possibly in its late stages, though it hasn’t yet reached the 108 level, which is likely an important reversal area. This zone aligns closely with the 61.8% Fibonacci level, a key for the final stages of corrective retracement. To me, this suggests that the dollar could potentially sell off next year.
Now, you may be wondering what this means for other markets. It depends on the catalyst behind the dollar’s turn. If a recession triggers it, stocks might also face downside pressure. Alternatively, if the dollar weakens due to extreme inflows into other assets, particularly stocks, then equities could continue pushing higher. A lot of of money is still on the sideline, and is likely waiting for new opportunities, and if stocks will keep pushing up, funds could shift from the dollar to stocks, potentially creating a blow-off top. This could mean that 2025 might be an “interesting” year for stocks, with potential for a major reversal.
Grega
What's next for PEPE?It looks as though there is a fractal forming with PEPE that can take it onto significant higher highs. If wave 5 completes, we'll see the same fractal playing out from the two boxes. The Hurst cycles at the bottom also infer that this upward surge can happen quite quickly given there's not a huge amount of time left before the end of the cycle, validation the 5 waves. No matter how good PEPE looks, I'm not going near it. But, it's up to you as they say. Follow for more.
BONK Uptrend
Price is finishing blue wave 3 of an upside movement. Price is currently very overbought, so I don't consider this a good level for long trades.
I'll wait for wave 4 correction. A test of green support would be ideal to look for long trade opportunities.
DXY_INDEX_1D&1Whello
Analysis of the US dollar index
Mid-term and long-term time frame
Elliott wave analysis style
The index in wave C is an upward correction. Wave C consists of 5 ascending waves. We are currently at the end of wave 5, and the resistance of this wave can be considered as the range of 107.180 and 108.960.
PEPE/USD a daily look at meme coin moonshot Looking at the 30m timeframe along with the higher timeframe context :
Elliott Wave Analysis:
1. Wave structure Looking at the 30m timeframe along with the higher timeframe context:
- Wave 1: Initial impulse from 0.0{4}12489
- Wave 2: Shallow retracement
- Wave 3: Strong impulse to 0.0{4}25914 (typically strongest wave, which fits here)
- Wave 4: Current corrective phase (should not overlap wave 1)
- Wave 5: Potential upcoming (if rules satisfied)
Fibonacci Relationships:
- Wave 3 ≈ 1.618 * Wave 1 (common relationship)
- Wave 4 retrace staying above 38.2% of Wave 3 (typical)
- Key Fib level at 0.0{4}20252 (current MA50)
Indicator Analysis:
1. MACD:
- MACD line: -0.0{5}1404
- Signal line (DIF): -0.0{6}293
- Showing bearish divergence on recent highs
2. KDJ:
- K: 17.55
- D: 24.31
- J: 4.03
- Showing oversold conditions
3. OBV:
- OBV: 3,499,467
- MAOBV: 3,418,096
- Showing sustained buying pressure
Updated Key Levels:
Support:
1. 0.0{4}20252 (MA50)
2. 0.0{4}19943 (Previous structure)
3. 0.0{4}18000 (Psychological)
Resistance:
1. 0.0{4}25914 (Recent high)
2. 0.0{4}23038 (MA21)
3. 0.0{4}22446 (MA9)
Trade Setup Strategy:
Entry Conditions:
1. Primary Entry Zone: 0.0{4}20252-21000
2. Confirmations needed:
- Bullish divergence on MACD
- KDJ crossing upward from oversold
- Volume spike above MAOBV
- Candlestick pattern (bullish engulfing or morning star)
Risk Management:
- Stop Loss: Below 0.0{4}19943
- Take Profit Targets:
1. TP1: 0.0{4}22446 (MA9)
2. TP2: 0.0{4}23038 (MA21)
3. TP3: 0.0{4}25914 (Previous high)
Entry Execution:
1. Scaling approach:
- 30% position at initial entry
- 40% on first confirmation
- 30% on trend confirmation
Additional Considerations:
1. Fair Value Gap (FVG) from higher timeframe provides additional resistance zones
2. Watch for volume confirmation at key levels
3. Monitor higher timeframe trend alignment
4. Be aware of potential wave 5 extension if wave 3 is confirmed complete
XAUUSD_1D_1W_Buyhello
The analysis of the XAUUSD symbol is in the long-term time frame and the analysis is based on Elliott waves.
Currently, in the medium term, gold is in a correction wave as the 4th wave, and every low is a long-term buyer of gold.
Two important support ranges are 2558 and 2415 dollars.
The long-term targets are 3000 and 3300 dollars.
This wave 4 correction will take two to five months.
We buy each bottom stepwise and according to the volume.
Bitcoin Analysis==>>First Attack Will Fail!?Bitcoin ( BINANCE:BTCUSDT ) is moving near the Potential Reversal Zone(PRZ) and Important Resistance lines .
I don't expect Bitcoin to be able to break the important resistance lines in the first attack . What do you think !?
Bitcoin managed to form a New All-Time High again today.
According to the Elliott wave theory , Bitcoin seems to be completing the main wave 3 or even main wave 5 in the 1-hour time frame , which can end in a Potential Reversal Zone(PRZ) .
I expect Bitcoin to drop to Cumulative Long Liquidation Leverage and then to $88,000 in the coming hours .
Fear and Greed Index is Extreme Greed (84-87).
For a better understanding , I suggest you look at the analysis below in the weekly time frame .👇
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.
Alikze »» ARB | Expanded flat modification🔍 Technical analysis: Expanded flat modification
- It is moving in a downward channel in the weekly and daily time frame.
- The current corrective structure is completing a full 5-wave cycle.
- According to the structure, an expanded flat is being formed.
- This correction can enter an upward trend in the current area or a value lower in the range of 0.39 with the confirmation of the return, which can conquer and cross its previous major ceiling.
But in the short time frame of 12H, two behavioral scenarios can be considered to continue the process.
💎 Scenario 1: Keeping the green box, have a return to the neckline range.
💎 The second scenario: or if the green box area breaks, it will continue the downward correction to the range of 0.39.
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Alikze.
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BINANCE:ARBUSDT
ENJUSDT_1W_Buyhello
The analysis of the ENJUSDT symbol is from the cryptocurrency market in the medium term and the analysis is based on Elliott waves
Main support 0.1500
Targets of the symbol numbers are 0.3000 and 0.4000.
OP - Bigger PictureOP's all time chart looks like a leading diagonal pattern which is bullish.
Passing $1.861 is bullish and would start a new impulse wave.
Breaking $1.299 is bearish and would complete a major double combo correction.
ALT 4H Timeframe UpsideThe green descending trendline was broken with an impulsive wave, and it is currently being retested at the 50% pullback level.
Even if the correction extendes further down, I expect another leg to the upside for wave 3 or C.
Invalidation is below November low at 0.08106.
Bitcoin - You will mine Bitcoin with your body! (Terrifying)Microsoft has patented a "cryptocurrency system using body activity data," meaning that people will generate cryptocurrency from their body energy. Coupled with the nanotechnology inside the next generation of vaccines (not COVID-19 vaccines), each vaccinated person could in addition act as an antenna or transmitter.
Patent Number: WO2020060606 ( patents.google.com )
Neurolink and microchip in your brain from Elon Musk connected to Starlink to mine Bitcoin, supported by Donald Trump and Bill Gates. Pay attention to the patent number; you see 666? Everyone knows that 666 is the mark of the beast symbol (antichrist), together with symbol X. How can the future look? All this information is no secret and no conspiracy, so I only say, in short, what is in the Google link above.
Mining Bitcoin with graphics cards/ASIC can no longer be needed. Why? 8 billion people can mine crypto with their body energy without even knowing it. Of course this will drain your life force energy, and you may feel extremely fatigued the whole life. And I don't want to talk about living the whole life in depression and anxiety with a microchip in your brain. So, do you still love Bitcoin? Do you like Elon Musk, Bill Gates's vaccines, or Donald Trump? If yes, then you will probably be the first on line to implement this technology in your body and the first who will need medical drugs to sustain this hardcore body pressure.
Again, this is not a conspiracy; this is real, and you can read the article on the website above. 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!
I expect Bitcoin to retest the previous ATH from March. First profit target: 79k, second: 76k, Third: 74k.
GOLD → The bearish rally is intensifying. Next, 2500-2400?FX:XAUUSD accelerates its fall and updates the low, testing the zone below 2600. Panic? Profit-taking? Are buyers turning around? CPI and PPI ahead, is there still hope?
Chinese authorities have played a negative role this time with their weak support for markets (traders are wary of potential trade tariffs that Trump may impose), which is generally reflected in the gold price in part.
Theoretically, any attempts to rise in gold may be limited, due to the rise of the dollar, which is feeling support from the market amid the excitement of Trump and fading expectations of future Fed rate cuts.
Ahead is the consumer price index, which could have an impact on the Fed's future rate path and the US dollar.
Technically, gold is trying to break out of a key range breaking support. If a false break of 2604 is formed, a small correction to resistance may form.
Resistance levels: 2626, 2637
Support levels: 2604, 2569, 2546
If the bears keep the price below 2605-2600, the decline may intensify, but since the price is testing strong support, a false breakdown and a correction may be formed as a primary reaction, for example to 2626-2637 (0.5 fibo) before a further decline.
Rate, share your opinion and questions, let's discuss what's going on with ★
FX:XAUUSD ;)
Regards R. Linda!
NOT - Probably nothingA descending wedge that should be practically finished and the daily RSI (7) reaching soon the beginning of an oversold condition. I do expect the completion of the wedge between 78.6% and 80% fibonacci.
LINK/USDTThe initial signs of an alt season are now emerging, and this aligns with my primary Elliott Wave scenario for CHAINLINK's price movement. This is not financial advice, but I'll continue updating the chart as the scenario progresses.
NVIDIA (NVDA): Targeting $166 amid AI momentumNVIDIA continues to dominate the AI and computing landscape, with a significant development in Japan: SoftBank’s telecom unit will soon receive Nvidia’s advanced Blackwell chip design for its supercomputers. The upcoming earnings report on November 20 is critical in sustaining NVIDIA’s exceptional growth trajectory.
CEO Jensen Huang’s company has projected third-quarter revenue of approximately $32.5 billion, propelled by substantial demand for Hopper and Blackwell GPUs. These GPUs are crucial for strengthening NVIDIA’s data center segment, which currently operates with an impressive 68% margin. Priced between $30,000 and $40,000, Blackwell chips are already seeing high demand, with production scaling in Q4 2024.
From a technical perspective, NASDAQ:NVDA still has room to grow, with a targeted area of $166 or higher in the short term. We are closely monitoring the stock for either a move into this target or a shift in market structure that could change the outlook.
Stay tuned for updates as we approach the earnings call and as NVIDIA continues to set new milestones in the tech space.
DOGE cup an handle potentialCould there be a massive cup and handle potential for DOGE forming? The outline is there. But, it seems too bullish to stop there. This is certainly on the table of possibles, but we'll see what the outcome is. I'm still bullish on DOGE and will be up until the end of the year. But, we'll see what happens. Follow for more.
Shopify (SHOP): Preparing for a Long-Term Entry at $49.62Considering Shopify, the situation is unfolding as we anticipated. We expected the beginning of 2024 to potentially mark the peak for Shopify with the completion of Wave (1), indicating a Wave 2 correction. This correction is likely to find support between the 63.8% and 78.6% retracement levels.
Currently, the pattern is showing lower lows and lower highs, suggesting that further price declines may occur, potentially closing existing gaps. Our strategy is still developing, but we plan to place a long-term entry at $49.62 with a stop-loss at $31.
Shopify (SHOP): Riding the 130% rally after the earnings surgeShopify kicked off the earnings week with a significant surge, rising 130% since our entry. We’ve taken additional profits at this level and canceled our second limit order. The stock has reached the 161.8% Fibonacci target at $111, aligning with our strategy.
In its third-quarter earnings report, Shopify reported revenue that exceeded Wall Street’s expectations, with double-digit gross merchandise volume growth. Looking ahead, the company forecasts a mid-to-high-twenties percentage growth in revenue for Q4, supported by the same factors driving its strong performance this year.
While Shopify continues its upward momentum, there’s no clear indication of when this rally might lose steam. The RSI is currently overbought, suggesting a potential pullback in the near future. If we spot a wave 4 correction, we will reassess and update the chart for a potential new entry.
Bull Move in BTC started or trapping?When we discussed last that it can touch 92k, price action made a complex wave formation which depicted that price will go up after a correction.. Now after being side for many hours, i see a bullish sentiment on hourly candle.. lets see if it sustains or trap again on upper levels..
bottom Level around 85K and upper 92k and more, above lac as well, but thats on daily chart so will take time.or could be soon.. Volume is needed to break the upper resistance.
This is my sentiment cycle indicator..
green background "BUY"
Red background "SELL"
and no background or your charting color means no sentiment developed and you can avoid trade otherwise it'll hit your SLs only.
