Subwave 4 not completed?Strong recovery in global economies along with geopolitical stability may reduce gold's demand. Lastly, increasing interest in alternative assets, (like cryptocurrencies or other commodities) could lead to a decline in gold's perceived value.
When interest rates rise, gold demand may fall. This relationship becomes particularly important during periods of high inflation. If rates lag behind inflation, creating negative real interest rates, gold often benefits as investors seek to preserve purchasing power.
Higher interest rates and a stronger dollar make gold less attractive since the yellow metal doesn't generate ongoing income like interest or dividends. Growing optimism in the stock markets has also triggered outflows from gold ETFs, increasing selling pressure on the gold market.
Gold prices fell over 1% on Friday as the dollar held close to two-week highs after U.S. inflation data came in line with expectations, suggesting the Federal Reserve may adopt a cautious stance on additional rate cuts. Today, a strong pullback reach 2914 resistance area, by reaction to 200 Moving average support. We might be doing a Flag and pole pattern, and TP is about 4 hour order block. There we can complete subway 4.
Elliott Wave
Natural Gas, BullishThe chart suggests an Elliott Wave pattern of an impulsive structure currently in Wave 3. The projection indicates that Wave (3) is in play to 5.37$, with a possible retracement for Wave (4) to 4.8-5 before a continuation toward Wave (5). The breakout is supported by increasing momentum and volume, indicating strong bullish sentiment. Potential resistance around Wave (5) target zone about 10$.
Note that the continuation of the Russia- Ukraine war could act as the catalyst to this trend.
Gold - Short and Long Term Trading Idea - 24 Feb 25In the beginning of the last week of February, we expecting Gold to decline. There are several factors on small time frames, but also appear signs on larger time frames.
In fact it is difficult to predict an asset when it discovers new higher highs, but there are methods to determine the turning points. In past few weeks we expected price to close down to psychological level of $3'000 and it is close, but we don't expect to reach it. So in this case we enter in short positions with long term swing target of over $200.
We publish 2 trading ideas in one: one is more intraday, another one is long term swing trading idea.
$SPY March 4, 2024AMEX:SPY March 4, 2024
15 Minutes.
Yesterday retraced near 200 averages and fell.
So, for the fall 570 is the 1.618% extension which is possible as it is also 200 in daily.
For the day or tomorrow my target is 575 levels first.
If 575 is broken, we can go towards November lows.
586-588 is good level to short for the day.
LTCUSDT on the Edge – Major Breakdown or Fakeout?Yello, Paradisers! Is LTCUSDT on the verge of a major drop? The signs are stacking up, and if you’re not watching closely, you could miss a big move.
💎Right now, LTCUSDT is looking bearish as it forms an M-pattern near the resistance trendline of a descending channel. At the same time, a bearish divergence is confirming the weakness in momentum. On top of that, we’re seeing a triple-three wave pattern playing out, which further increases the probability of a downside move. All these signals combined suggest that sellers are gaining control.
💎If LTCUSDT breaks down and closes candle below the support level, the M-pattern will be validated, opening the door for a significant move lower.
💎However, if the price consolidates around this level without breaking down, the setup loses its strength, and in that case, it’s best to ignore it as a low-probability trade.
💎On the flip side, if LTCUSDT manages to break out and close candle above the resistance zone, the entire bearish outlook would be invalidated. In that scenario, waiting for fresh price action before making any moves would be the smartest approach.
🎖 Discipline and patience separate the pros from the amateurs. Stay sharp, Paradisers—trade only high-probability setups, and you’ll always stay ahead of the game!
MyCryptoParadise
iFeel the success🌴
Bitcoin & Trump Effect: A Short-Term Pump or Sustainable Rally?Bitcoin ( CRYPTO:BTCUSD ) started to rise as I expected in the previous post , but Donald Trump helped double the momentum of Bitcoin yesterday. But the question here is whether the correction of Bitcoin is over or if this is an increase in the chance of exit.
Bitcoin is trying to break the Heavy Resistance zone($93,300_$89,250) .
According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing wave 4 and we should wait for wave 5 .
Note : Due to the high momentum of wave 3, it is possible that wave 5 is a truncated wave.
I expect Bitcoin to rise to at least $95,000 in the coming hours. The next target of Bitcoin can be Resistance lines and 100_SMA(Daily) .
What do you think about Bitcoin movement? Time to escape or wait for a new All-Time High(ATH) to be created?
Note: If Bitcoin goes below $89,000, we can expect Bitcoin to decline and the big CME Gap($91,610-$84,830) to be filled.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
B e sure to follow the updated ideas.
Do not forget to put a 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.
BTC's current correction will probably end soon.BTC is probably featuring a flat correction with an expanding ending diagonal C wave. If this is indeed the case, the next dip at 70k would be the end of the correction. It might chop around the 80k area for several days/weeks, as the cousin waves (i) and (iii) lasted about 20 days. Of course, it is possible for wave (v) to be shorter in duration, but this is not the likely scenario.
Silver Analysis – Elliott Wave (4H & Mid-Term)Silver is currently in a downward wave, potentially forming a five-wave decline. Right now, it is in a Wave 4 correction, with the 31.700 – 32.000 zone acting as key resistance. 🔄
Once the consolidation phase ends, we expect a continuation towards Wave 5, targeting the 30.500 – 30.100 range. 🎯
In the higher time frame, the 32.500 level remains the main resistance. 🔥
#Silver #ElliottWave #Trading #TechnicalAnalysis
Coca-Cola Wave Analysis – 3 March 2025
Coca-Cola reversed from round support level 70.00
Likely to rise to resistance level 72.45
Coca-Cola recently reversed up sharply from the round support level 70.00, former resistance from October.
The upward reversal from the support level 70.00 continues the active short-term impulse wave 3 of the sharp impulse wave (3) from January.
Coca-Cola can be expected to rise to the next resistance level 72.45 (top of the Shooting Star from October) – followed by the resistance level 73.45 (multi-month high from last September).
TSLA: Down 44% – Is This the Bottom?Tesla has been absolutely crushed since hitting its all-time high at $485. A 44% drop isn’t shocking after such a huge rally, but it’s still a brutal move. Now, we’re back into support, sitting near the level of Wave 1 – so far, nothing completely out of the ordinary.
Maybe to counter some of the selling pressure, Elon Musk tweeted yesterday that he sees a 1000% price increase in the next five years – if the work is put in. Take it however you want. The tweet probably gave TSLA a short-term boost, since Musk’s words always spark some level of hope. But we’ve seen this game before – big claims, and sometimes, reality doesn’t follow through.
Technically speaking:
As long as Tesla holds the order block between $240 and $260, or at least the current support, things don’t look too bad. But if that level breaks, things could get ugly – and $150 might not be far off.
For now, this remains one to watch.
BTCUSD down to 65k!!So in daily BTCUSD we have completed Elliott's wave 5.
Considering the doji as wave A 100% fibo, there's a 141,4% projection down to 65k near the Phicube's MME610. There are lower lows and lower highs being made.
There's another reading that the low around 78k was Elliott's C wave and we are starting a new cycle. However, the white LTB must be transpassed to confirm this possibility. Regarding this expressive green candle it was held back by LTB mentioned before.
$SPY March 3, 2025AMEX:SPY March 3, 2025
15 Minutes.
we had divergence in the last two LL at 583 and 582 levels.
For the rise 582.44 to 594.74 holding 591-592 is important for short term uptrend to continue.
For the fall 610.7 to 582.44 61.8% retracement is around 599 which is also 200 averages in 15 minutes.
Hence that is the first target for the day, holding 592.
Psychology Of A Crypto Cycle: Where Are Ü Now?Right now, the charts suggest we’re roaming through the "Belief" phase. Momentum is building, and optimism is creeping back in.
However, sentiment on X and Reddit feels more like "Anxiety", with growing concerns about a potential correction.
Let’s be prepared for a pullback, and if we’re lucky, we might just skip the dip and head straight into full-blown "Thrill" and "Euphoria." 🚀
AFC Energy PLC - high risk with high reward (?)This chart doesn´t look very appealing because of the high volatility and the very deep retracement are not exactly a sign of strength. However, if this company can turn things around the reward is extremely good.
I would advice to only invest a small fraction of you portfolio in this stock!
GOLD → Local downtrend, price under bearish pressureFX:XAUUSD has been strengthening since Friday. Standard reaction to the false break of the support at 2834. Price is still in a selling zone and heading for resistance before a possible pullback to the downside.
The $ has strengthened strongly over the past week and looks poised to continue its rise, but it all depends on the tariff war, economic risks and regulatory policy in the US.
Markets are reacting to attempts to regulate the war in eastern Europe. Ahead are Fed statements and US economic data.
On 4H, gold is trading flat 2881 - 2834. Below 2881 gold is under bearish pressure (selling zone). But, due to the liquidity created in the 2878 - 2881 area, gold may test the area of interest before returning to the downside.
Resistance levels: 2869, 2877, 2881
Support levels: 2859, 2834
At the moment consolidation is forming below 2869 (0.5 fibo) after a false breakdown. If the bears keep the price under the level, the decline may start earlier. We also have another trigger - 2859. A breakdown of this support will trigger a sell-off and liquidation, which may lead to a fall to 2834.
Regards R. Linda!
ADAUSDT Breakout Incoming or Another Fakeout?Yello, Paradisers! Are we about to see ADAUSDT explode, or is this just another trap for impatient traders? Let’s break it down!
💎ADAUSDT is looking solid after completing a proper double zig-zag corrective phase. The key to confirming the next move lies in breaking and closing a candle above the resistance level. If this happens, it significantly increases the probability of a bullish breakout. Why? Because ADA is still trading in the discount range of a descending channel, and we’re also seeing bullish divergence—a strong confluence signal for upside momentum.
💎However, if ADA pulls back or retraces further, the smartest play is to wait for inducement. Ideally, we want to see bullish structures form, such as a bullish I-CHoCH or well-known bullish patterns like a W formation or inverse head and shoulders on lower timeframes. If those confirmations appear, the probability of a bullish move shifts in our favor.
💎On the flip side, if ADA falls sharply or closes a candle below the support zone, it would invalidate our bullish scenario. This would likely extend the corrective wave into a deeper structure, signaling that it’s best to stay patient and wait for clearer price action.
🎖 Bottom line? The market is setting up for a major move—either a powerful breakout or a deeper retracement. Only those who wait for the right confirmations will come out on top. Stay disciplined, Paradisers! 🚀
MyCryptoParadise
iFeel the success🌴
EURCHF → Bears increase pressure to lower the priceFX:EURCHF breaks trend support and overall bullish structure. The rising dollar is putting negative pressure on the forex markets
The fundamental background for the Eurozone is extremely negative due to Trump's policy and the US in general, especially when it comes to the tariff war. The dollar is strengthening, which generally creates a negative background for the markets.
Technically, after breaking the support of the uptrend, the bears are confirming their dominance by keeping the price in the selling zone.
Resistance levels: 0.93807, 0.94179
Support levels: 0.93299, 0.92945
A retest of the reversal zone 0.9400 is possible, but at the moment we can focus our attention on 0.93800. Consolidation of the price under this level will provoke further sell-offs.
Regards R. Linda!
EURUSD Elliotwaves updateAfter completion of a triangle with an overshoot price made a clear impulsive wave to the downside. This means we have resumed the down trend. Currently price is pulling back for wave 2 before continuing down. High probability area to take a short is on the 4hrs supply zone which is aligned with the zone created with fib 61.8% and 78.5% I expect price will find resistance at this area and continue down. Confirm your entry if it aligns with your trading plan before taking a trade. Cheers and have a great week. #elliotwaves #forextrading #elliotwavesglobal
NIFTY - 5TH WAVE IS GOING TO PERFORMYour Elliott Wave analysis suggests that NIFTY is currently completing a complex 4th wave correction, which often involves sideways or volatile moves before the impulsive 5th wave begins. Since Wave 4 tends to be unpredictable, it's crucial to monitor key support and resistance levels to confirm the upcoming 5th wave rally.
Key Observations & Expectations:
Wave 4 Complexity & Volatility:
Wave 4 corrections are often zigzags, flats, or triangles—leading to choppy price action.
Expect sharp up and down swings before NIFTY resumes its uptrend.
Wave 5 Impulse Move:
Once consolidation ends, Wave 5 should break above Wave 3’s high.
Expect higher highs, supported by strong momentum and volume.
Confirmation Levels:
Support: Recent lows from the correction (possible retests).
Resistance: Previous high (Wave 3 top).
A breakout with high volume would confirm Wave 5 initiation.
Trading Strategy:
Avoid aggressive positions in Wave 4 due to its choppy nature.
Look for a breakout above key resistance before entering long positions.
Use tight stop losses if trading within the range.
Key Takeaways:
✅ Current Phase: Wave 4 correction (complex and volatile).
✅ Next Move: Once consolidation ends, Wave 5 will be an impulsive move upward.
✅ Key Levels to Watch:
Support: Recent lows from the correction phase.
Resistance: Previous high (Wave 3 top).
Conclusion:
NIFTY is currently in a volatile phase but preparing for a strong upside move in Wave 5, which is typically the most impulsive leg. A breakout above key resistance will confirm the uptrend, and traders should position accordingly.
👉 Disclaimer: This analysis is purely for technical knowledge purposes only. Before making any trading decisions, consult your financial advisor.
CoinbasePrice has made another low as I expected. It officially breached the 1.0 and started to move higher. As if on schedule, President Trump announced a US crypto strategic reserve this weekend. BTC and other tier 1 cryptos are up anywhere from 10-30% already. This will directly affect COIN and will kickstart the next move higher. What you need to be wondering is if this is the start of wave 5, per my original thesis, or if this is the start of intermediate (B) based off of my other view that COIN has already made a long-term top. This next week / immediate move higher will be of extreme importance to the long-term projection of COIN...and that is an understatement.
PLTRPLTR hit the 1.0 I have been waiting for and looks primed for a move higher. The main question I am asking myself, is this just wave A, or is it all of wave (4). We've hit the target area for wave (4), but it was very short. Wave (2) was long, so I expect (4) to be short, but damn, talk about SHORT lol. This consolidation has lasted all of 9 days (7 trading days). This next move higher will tell us the answers we seek based upon the structure that it takes on. If it appears corrective in nature, then it is likely wave B carving itself out. Should it be impulsive in nature, then we know that (4) was short, and we're within wave (5) already. Either way I see this though, we should be moving up very soon if not already starting to.