NIFTY50.....As predictad with my forecast!Hello Traders,
the NIFTY50 is on track with my predicted scenario!
It fell to 23047 on Monday and the recovery since is weak!
So, I expect several lower lows in the coming week and a possible target range at or around 221xx area!
A buying opportunity is given above the range of 24188 to 24226 to establish a brand new buy signal!
The next wave, if so to come, could be strong without taking any deep breath! So, keep in mind, that the "weak-hands" are willing to give their positions and got shake off the market!
It is up to you, to cover <your calls or to liquidate them! But of course, that is what you have been doing for some weeks ahead!
Anyway! The stage has been set and we will see, how markets will play and mix the cards!
Have a great week......
Ruebennase
Please ask or comment as appropriate.
Trade on this analysis at your own risk.
Elliott Wave
Bitcoin: Bullish Flag Breakout Targeting $136kThe BTC price is trading above the key moving averages, EMA 50 and EMA 200, signaling a strong long-term bullish trend. Additionally, the "flag" pattern, typically indicating trend continuation, has been broken to the upside. EMA 9/21 further confirm short-term bullish momentum, adding confidence to the price movement.
Trading volume suggests that major players (so-called "whales") may have manipulated the market by selling large volumes to temporarily push the price down, allowing them to buy at lower levels. This is a classic signal for potential further price growth.
The next target for this bullish move is the $136,000 level. However, it’s important to consider the risks: if the price falls back below the EMA 50, it could signal a potential trend reversal.
What do you think—will BTC hit this target in the near future? Share your thoughts and analysis in the comments below! CRYPTO:BTCBUSD 🚀
BTC Targeting 125-130K : Elliott Wave AnalysisIn the coming months, Bitcoin is likely to reach its next targets—or at least form one more higher peak. Here’s how it might play out:
Orange Count (Wave 4 Correction):
According to the orange wave count, Bitcoin is in a larger Wave 4 correction of the impulse that began at 49K. This suggests another high is on the way for Wave 5.
Recent Price Action (Higher High Above 102.8K):
After closing daily above 102.8K, the wick at 89K should be seriously considered a potential Wave 4 bottom. This implies we could now be in the fifth and final impulse wave heading up to a new high. Two main scenarios could unfold:
Scenario A (Regular Impulse):
If this is a standard impulse, we’ll see a Wave 2 retracement next—typically between the 0.5 and 0.786 Fibonacci levels of the initial move. That puts a possible Wave 2 target between 97K and 92.5K. From there, Wave 3 would likely accelerate toward 125K. This is shown by the red wave in the chart.
Scenario B (Ending Diagonal):
Wave 5 often appears as an ending diagonal, which can look like a rising wedge or an expanding broadening wedge. If this pattern takes hold, the next high may not exceed 120K by much.
Bearish Alternative:
There is still a bearish possibility as long as we remain below the previous high. In this case, the recent upward move could be part of a larger flat correction, which would push Bitcoin lower again before eventually reaching a new high. This more negative outcome would be confirmed if prices fall below 92K (the 0.786 retracement of the move up from 89K).
MSCI short thesisI think since the run topped in 2021, we are stuck in a sideways correction.
In my opinion, the chart did bulid out a larger wave-a to the downside in '22. Since the low, price started surging again, but im declaring these gains as a corrective move towards a lager wave-b.
Im calling out a short target in the upper blue box. Price should reverse in this area and slowly start falling towards the pink SMMA-line.
Adidias - more downside awaiting (?)I chose to present the chart as log scale to show more clearly the sub-waves of the white impulse count. Without that the impulsive structure of the waves wouldn´t be easy to see.
My main scenario is that Adidas will become cheaper in the foreseeable future as market price broke the structure indicated by going below the white "IV".
Also, the current uptrend on the weekly doesn´t look bullish at all as it is lacking impulsive price behaviour.
The indicators also suggest that the stock topped a while ago and we can see a bearish cross on the MACD and different kinds of divergences on the RSI.
My alternative suggests that the wave V is not finished. (light blue count) However, I do not like the deep retracement for the wave 4 in that case and that is why it only my alternative.
Nasdaq-100 Wave Analysis 17 January 2025
- Nasdaq-100 broke daily down channel
- Likely to rise to resistance level 21850.00
Nasdaq-100 index rising inside the intermediate impulse wave (5), which started earlier from the support zone located between the key support level 20820.00 (former low of wave A from December) and the support trendline of the daily down channel from December (which encloses earlier ABC wave (4)).
The index just broke the aforementioned down channel which should accelerate the active impulse wave (5).
Given the strong daily uptrend, Nasdaq-100 index can be expected to rise to the next resistance level 21850.00, top of the previous B-wave.
Alikze »» MOVR | Supercycle Bullish Wave 3 or C Scenario - 1D🔍 Technical analysis: Super cycle Bullish Wave 3 or C Scenario - 1D
📣 MEXC:MOVRUSDT currency has encountered demand after a zigzag correction in the 3.61 range, which has had a rapid upward rally
🟢 After that, the price has had a double complex zigzag correction to the origin of the third upward wave.
🟢 Again, in the origin of the third movement, with a three-wave movement, it has encountered demand again in the area of the bottom of the ascending channel.
🟢 Currently, selling pressure is also observed in the ceiling of the ascending channel and the supply area.
💎 If this correction is broken in the form of a zigzag to the minor ceiling, it can be extended to the minor ceiling. It can again encounter demand and an upward rally to the minor ceiling of the previous rally.
💎 Depending on the momentum, this cycle can be a super cycle wave 3 or C to touch the red box area.
⚠️In addition, if the area touches the bottom of the previous wave, the bullish scenario is invalidated and should be re-examined and updated.⚠️
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Bitcoin Pushes Higher: Is $104K the Next Stop?Bitcoin ( BINANCE:BTCUSDT ) moved as I expected in the previous post and even made the correction .
Bitcoin is breaking the Resistance zone($100,000-$98,080) , and I expect this zone to be broken soon, and then Bitcoin is ready to attack the Next Resistance zone($104,200-$101,320) .
Regarding Elliott wave theory , Bitcoin seems to be completing the main wave 5 in the 1-hour time frame .
I expect Bitcoin to rise to at least the Resistance zone($104,200-$101,320) .
Note: If Bitcoin goes below $96,320, we can expect more fall.
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.
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Gold at Resistance Zone>Technical Patterns>Potential DropThe U.S. economic Indexes released on January 16, 2025 , have implications for Gold ( OANDA:XAUUSD ):
Core Retail Sales m/m : ncreased by 0.4% , slightly below the 0.5% forecast, indicating moderate consumer spending.
Retail Sales m/m : Rose by 0.4% , under the expected 0.6%, suggesting a potential economic slowdown.
Unemployment Claims : Reached 217,000 , higher than the anticipated 210,000, pointing to a softening labor market.
These factors may lead to a weaker U.S. dollar and increased demand for gold as a safe-haven asset, potentially driving gold prices higher.
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Now let's take a look at the Gold chart in the 4-hour time frame and see how much Technical Analysis can help us predict the trend of Gold in the coming hours and days.
Gold is moving in the Resistance zone($2,743-$2,700) and near the Upper line of the Ascending Channel , the upper lines of the Rising Wedge Pattern and Time Reversal Zone(TRZ) .
In terms of Classic Technical Analysis , Gold appears to be moving within the Rising Wedge Pattern .
According to Elliott's wave theory , Gold appears to be completing microwave C of the main wave Y . The wave count will change if the Resistance zone($2,743-$2,700) breaks .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
I expect Gold to start falling at least the Support zone($2,697-$2,689) and the lower line of the ascending channel after entering the TRZ and touching the upper line of the ascending channel and the wedge pattern.
Note: If Gold can break the Resistance zone($2,743-$2,700), we can expect an All-Time High(ATH) for Gold.
Be sure to follow the updated ideas.
Gold Analyze ( XAUUSD ), 4-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.
Is EURUSD Set for a Reversal? Watch the Potential Reversal ZonesThe recent release of Core PPI and PPI m/m published in lower than expected , signaling a potential decrease in inflationary pressures in the U.S. This could lead to speculation about a more dovish stance from the Federal Reserve, which might weaken the U.S. Dollar and provide support for other currencies, including the Euro.
Let’s analyze how this data could influence the EURUSD ( FX:EURUSD ) chart.
The EURUSD is moving through a Heavy Support zone($1.036-$1.011) .
According to the theory of Elliott waves , it seems that EURUSD has completed the main five waves (downward) , and we can expect upward waves .
I expect EURUSD to start rising again from the lower Potential Reversal Zone(PRZ) and Uptrend line and then attack the upper Potential Reversal Zone(PRZ) . If this zone is broken, we should wait for the EURUSD to attack the Resistance line .
🙏Please respect each other's ideas and express them politely if you agree or disagree.
⚠️Note: If the EURUSD goes below the lower Potential Reversal Zone(PRZ), EURUSD may fall further.
Euro/U.S.Dollar Analyze (EURUSD), 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.
XRP to the moonXRP will surprise so many haters
On the chart it has broken out of its bearish channel and finally now going towards new ATHs.
This coin will break through its previous ATH. Wave 3 is going to be very big and impulsive for XRP and if it was to do the same measured move from 2017/18 cycle it would be c. $40 USD. However, let's be real as well. There a diamond hands out there and this is going to fly fly fly
HBAR/USDT: A Potential Super Long-Term Impulse Wave Take a look at this super long-term potential impulse wave for HBAR. This chart captures a massive Elliott Wave structure that could define the next big move in the crypto market.
We’re seeing the foundation of Wave 3, with the potential for a trend-defining breakout as HBAR progresses through its impulsive phases. The critical zone? A breach of the upper trend line would validate this structure and could signal higher highs on the horizon.
This isn’t just a week-to-week setup—it’s a multi-year roadmap. If the Hurst cycles align, we’re looking at one of the most promising long-term plays.
What’s your take? Do we see confirmation, or does this remain a dream scenario? Share your thoughts and follow for more long-term crypto insights! 🚀
The ultimate TRUEFI comeback?The USP = one of the first uncollateralized lending protocols in DeFi.
It looks like this coin got introduced at astronomical prices and went through a massive bear market correction. Looks like its ready to go on a parabolic comeback in time for alt season.
This could make a massive wave 3 move
TreFi - is this the ultimate comeback?The USP = one of the first uncollateralized lending protocols in DeFi.
It looks like this coin got introduced at astronomical prices and went through a massive bear market correction. Looks like its ready to go on a parabolic comeback in time for alt season.
This could make a massive wave 3 move