Get started

Elliott Wave

BTC Elliott wave analysis 6/8/2025 In my view, we are currently entering an A-B-C corrective wave, which is part of wave (4) and will complete wave (iv). The bullish Crab harmonic pattern suggests that wave Ⓐ of (4) should bottom around 95,600–96,000. Following that, the Gann fan indicates that wave Ⓑ could rise to the 100,000–101,000 range, which also aligns with a key resistance zone. For wave Ⓒ, the Gann fan suggests a downward move to around 94,000–92,000, a zone that corresponds to strong support. Once wave (4) completes, the market should be positioned to begin wave (5), which will finalize the larger wave ⑤. A key validation level to watch is 84,000. If the price drops below this level, the count would be invalidated, as wave (4) cannot fall below the low of wave (2).
COINBASE:BTCUSDShort
by jirapattinn
Bitcoin’s Reversal from Supports — Is the Correction Over? Bitcoin ( BINANCE:BTCUSDT ) moved as I expected in the previous idea , and it also reversed the decline I intended and started to rise from the Support zone($102,000-$107,120) , Support lines , and 50_SMA(Daily) . Bitcoin is trading near the Resistance zone($104,380-$103,670) , Cumulative Short Liquidation Leverage($105,500-$105,265) , and Resistance lines . In terms of Elliott Wave theory , it seems that Bitcoin has managed to complete the main wave Y . The main corrective structure was the Double Three Correction(WXY) . If the Resistance lines are broken , we can confirm the end of the main wave Y . I expect Bitcoin to start rising after a re-correction from Cumulative Long Liquidations Leverage and reach the targets I have specified on the chart. Cumulative Long Liquidation Leverage: $102,883-$102,181 Cumulative Long Liquidation Leverage: $101,318-$100,748 Note: If Bitcoin falls below $100,200(Worst Stop Loss(SL)), we should expect further declines. Note: $105,500 is an important price for Bitcoin, and if Bitcoin can close the 4-hour candle above it, we can expect a break of the Heavy Resistance zone($104,380-$103,670) 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 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.
Long
by pejman_zwin
39
NIFTY50....Wave c of iv ended?!Hello Traders, waves ((ii)) (magenta) probably ended @24502! There is a possibility given, that this pattern could morph into a "triangle shape". However, this would be the pattern with the most unlikely chance to be established! Therefore, we focus on a potential a-b-c wave (iv) in green that is complete, and the next move will be to the upside. Chart analysis! It needs to make a new high above the waves "b" high @25079 and, at least, a new high above the waves "v" of (iii) 25116 to create a breakout signal! A possible target would be around the 25528 range. A break to the downside below waves "c" low @ 25502 would not eliminate the triangle pattern, but chances would weaken to be one! Anyway! Once a trend is established, the chance of continuing is higher as to break down! So, I favor the idea of an extending wave of advance in the coming 1–2 weeks. If this happens, a new ATH will be reached! Not within the same time period but; I guess in the coming 4–6 weeks! That's it for today. Have a great Sunday and a great week.... Ruebennase Please ask or comment as appropriate. Trade on this analysis at your own risk.
NSE:NIFTY
by ruebennase
5
BTC/USD – 5-Wave Structure Completed | Bearish Divergence + Stru🕒 Timeframe: 30min 📅 Date: June 8, 2025 💱 Pair: BTC/USD (BITSTAMP) 📊 Indicator: Awesome Oscillator (AO) 🧠 Technical Analysis Summary: A classic 5-wave Elliott structure (1–2–3–4–5) has completed. Key observations: Wave (5) slightly pushes above Wave (3), but momentum weakens. Bearish divergence is spotted on the Awesome Oscillator (AO) between Wave (3) and Wave (5), signaling exhaustion. Price is currently holding above a key structure support (SNR) at 105415. 🔻 Sell Setup: 🟥 SNR = Structure level at 105415. 🧨 If price breaks below 105415, I will enter a short (sell) position. 🧠 This level acts as a confluence zone: End of wave 5 Loss of bullish momentum Bearish AO divergence Potential trend shift 📌 Trade Plan: 💥 Action: ➡️ Sell only if price breaks and closes below 105415. 🎯 Potential Targets: 104200 – local structure support 102800 – deeper correction zone (possible wave A) 🛡️ Invalidation: ➡️ If price closes back above recent high (~105800) with renewed AO strength, I’ll reconsider the short. 🧰 Tools Used: Elliott Wave Theory (1–5 structure) Awesome Oscillator – Divergence Confirmation Market Structure (SNR as key support) 💬 Conclusion: Wave 5 is done. Momentum has faded. All eyes on the structure level at 105415. ➡️ Break = Sell. If it holds, no trade. 📌 Stay patient. Let the market come to you. 🔔 Like & follow if you enjoy clean Elliott Wave and momentum divergence setups. Got your own wave count? Drop it below! 👇 #BTCUSD #Bitcoin #ElliottWave #BearishDivergence #AO #CryptoTrading #StructureBreak #PriceAction #Wave5Complete
BITSTAMP:BTCUSDShort
by AwesomeOscDad
1
“Bitcoin Elliott Wave Breakdown – Watch This Before You Trade!”🔹 “This is Bitcoin on the 1-Month chart. What we see here is a completed 5-wave impulse according to Elliott Wave Theory.” 🔹 “Wave (1) through (5) is now complete, and the price has hit the upper boundary of a long-term ascending channel.” 🔹 “Notice this red zone? This is a strong resistance area between $76K and $111K. We might be forming a potential double top pattern here.” 🔹 “Divergence is likely forming in wave 5 — a classic sign of weakening momentum.” 🔹 “If we break below $66K and then $53K, expect a drop all the way to the $31K zone.” 🔹 “This level aligns with the bottom of the channel and possibly the 0.618 Fibonacci retracement.” 🔹 “Final target? $31,000 – a key zone for accumulation before the next major cycle.”
Short
by SniperAcademyfx
5
Injective & Elliott WavesAn impulse leads to a correction. A correction leads to an impulse. The chart here starts with a bullish impulse. 1,2,3,4,5—blue-left. This impulse leads to a correction. ABC—orange. The first ABC correction, the bear market, ends June 2022. A correction leads to an impulse so a new bullish impulse starts right after and we have a new 5-up waves. 1,2,3,4,5—blue-center. The bullish impulse ends March 2024 and this leads to a new ABC correction. Orange-right. The correction hits bottom 7-April 2025. The end of the correction signals the start of a new bullish impulse, 1,2,3,4,5 blue-right. The 2025 bull market. This is Elliott Wave Theory simplified. Namaste.
Long
by MasterAnanda
14
Ratos AB - one of my favourite chartsRatos has provided us with a golden opportunity to at least double our investment if my Elliott wave count remains correct. After a 14 year corrective move that ended in 2020 the company value has increased impulsively - white ((1)) - and peaked in august 2021. Since then we have seen overlapping price action in what I believe is a wxy formation which recently ended in April this year. (78.6 fib retracement) Since then price has climbed fast again which makes me believe that we start the wave 3 which potentially could stretch out to new ATHs. However, if the bearish momentum remains we could at least see the stock reach twice its current valuation. Let´s hope for the best and keep an eye on potential pullbacks to enter long again. P.S. If I´m not mistaken the fundamentals are also indicating a bright future for the company.
OMXSTO:RATO_BLong
by Staggi10
ICP Short-term Elliot Wave OutlookICP is currently in a short to medium term corrective phase which has lasted just over half of the year. In terms of the macro count it is completing the last leg of a zig-zag in either wave 2 or a B wave. The primary count in white shows an impulse with five completed waves. In this instance, it is a non-overlapping ending diagonal where the impulse sub-divides as 3-3-3-3-3. This count is invalidated if price breaks below the aqua support area. If price breaks below the aqua support area the alternate count becomes more likely. In this case, we're looking at a WXYXZ in yellow. Z can be either 61.8, 100.0, 123.6 or 138.2 of W. Generally targeting the area between 4.22 and 3.35
CRYPTO:ICPUSD
by HelioHelix
Correction up for BitcoinHi traders, Last week Bitcoin broke below the red dotted line so now we could see a much bigger correction for Bitcoin. Price came into the Weekly bullish FVG and rejected to the upside. This could be the start of wave B (grey) of a big correction down. Let's see what the market does and react. Trade idea: Wait for a change in orderflow to bullish to trade (short term) longs again. If you want to learn more about trading FVG's with wave analysis, please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my analysis. Don't be emotional, just trade your plan! Eduwave
Long
by EduwaveTrading
Wave 3 up is coming for goldHi traders, Last week gold started an impulse wave but after it broke the previous high it made another correction down. So this could be wave 1 and 2 (purple) of wave 3 (blue). Then next week we could see the next impulse wave 3 (purple) up from the bullish 4H FVG on the left. Let's see what price does and react. Trade idea: Wait for a change in orderflow to bullish and an impulse wave up and correction down on a lower timeframe to finish and trade longs again. If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. Don't be emotional, just trade your plan! Eduwave
OANDA:XAUUSDLong
by EduwaveTrading
A little more upside for SPX500USDHi traders, And again my previous outlook of SPX500USD played out as I've said. After a small correction we saw the continuation of the upmove to the Daily FVG. Next week we could see price come into the Daily FVG and reject from there for a correction down. Let's see what the market does and react. Trade idea: Wait for a small correction down on a lower timeframe to trade short term longs into the Daily FVG. If you want to learn more about trading FVG's & liquidity sweeps with Wave analysis, then please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. Don't be emotional, just trade your plan! Eduwave
OANDA:SPX500USDLong
by EduwaveTrading
BITCOIN → Correction. The hunt for liquidity...BINANCE:BTCUSDT.P is recovering after liquidity was captured in the 100K zone. Locally, the technical situation is controversial despite the global bullish trend Bitcoin is changing its market character (106700) and breaking the bullish structure (103000) during a correction phase. As part of the downward momentum, the movement is testing liquidity below the 100700 support level. As for the liquidation, there are several reasons: the conflict between Trump and Musk, strangely enough, the market reacted with a fall; the liquidation of whales, history repeats itself... Traders are buying back Bitcoin, but technically the market has a bearish structure. Locally, there is a bearish trend, and a countertrend correction, “liquidity hunting,” is forming. Ahead lies a fairly important zone of 105900-106700. The initial retest may end in a false breakout, as there may not be enough potential for continued growth (after a strong buyback). Resistance levels: 105,900, 106,720, 110,400 Support levels: 103000, 101400, 100K After a correction from 105900, which could target half (0.5) of the trading range, the market may attempt to return to a bullish phase, provided that the bulls keep the price from falling and do not allow it to update local lows. That is, in the short term, I expect a decline from 105900 to 103000, but further, if the price starts to return to 105500-105900, there may be chances for growth to 110K Best regards, R. Linda!
Long
by RLinda
37
Bigger correction for EUHi traders, Last week EU did not make an impulse wave 3 but instead it slowly went up. And after the ECB rate decision on Thursday it started to drop. At the moment the pattern is not very clear. This could be a bigger correction down for wave 4 (black) so my main bias is to the downside. Let's see what the market does and react. Trade idea: Wait for the finish of a small correction up to trade shorts. If you want to learn more about trading with FVG's, liquidity sweeps and Wave analysis, then make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. Don't be emotional, just trade your plan! Eduwave
Short
by EduwaveTrading
8
JINDAL STAINLESS Breaks the Channel – What’s Next?After completing a long WXY correction, Jindal Stainless has flipped into a strong uptrend. The price broke above the downtrend channel and also reclaimed the 200-day moving average — confirming strength. The rally from 504 has unfolded as a nested 1-2, 1-2 impulse, and the wave 5 has now entered its 1 to 1.618 projection zone. We’re likely entering a blue Wave 4 pullback, especially as: RSI shows bearish divergence The rally looks stretched short-term A healthy retracement toward the 661–640 zone can follow. As long as 633.35 holds, this bullish structure remains intact. Trend : Bullish Retracement zone : 661.80 – 640.65 Invalidation : Below 633.35 This is a dynamic setup. Chart will be updated as price action unfolds Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:JSLLong
by WaveXplorer
Bearish Structure Still in Control, But a Twist is PossibleALKEM continues to respect its larger downward channel, forming what looks like a classic W-X-Y corrective structure. Wave W unfolded as a zigzag . Wave X developed as a contracting triangle , ending near ₹5400. The current drop appears to be the start of Wave Y , possibly forming another zigzag. As long as price stays below ₹5460 (the 0.5 retracement of the entire W-Y structure), the bearish setup remains valid. The RSI breakdown below 40 adds strength to the bearish bias. The projected Wave Y could extend toward the ₹3450 zone if symmetry with Wave W plays out. Alternate Bullish Scenario : While bearish remains the primary view, there's a low-probability bullish alternate : If the move from the February lows to ₹5400 was actually a leading diagonal, then the current fall could be a Wave 2 correction. A sharp reversal from above ₹4491 might trigger a bullish breakout toward new highs. Chart will be updated as price action evolves. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:ALKEMShort
by WaveXplorer
GOLD → Intra-range strategy. Waiting for NFPFX:XAUUSD remains consolidated in the 3340-3391 range. The price is stuck in the middle of the range due to the uncertainty created by upcoming unemployment news... On Friday, gold rose slightly, remaining within the range ahead of important US employment data (NFP), which could set the direction for the market. Optimism over the US-China deal and profit-taking on the dollar are supporting the USD, holding back gold's rise. A weak NFP (less than 100,000) will reinforce expectations of a Fed rate cut and support gold. A strong report (above 200,000) will have the opposite effect. The probability of a rate cut in September is 54%. Technically, on the daily timeframe, the market structure is bullish. After a sharp breakout of resistance and a new high, the price is consolidating above the upward trend line, forming a plateau in the 3300-3340 zone. Another shakeout from support is possible before the trend resumes Resistance levels: 3375, 3391, 3414 Support levels: 3339, 3331 Forming a price forecast ahead of news, especially ahead of NFP, is a thankless task. Therefore, it is advisable to wait for the news and monitor the price reaction. A retest of the consolidation boundary and a rebound are possible. There is a chance that the price will remain in consolidation until next week, but again, it all depends on the fundamental background... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
9
USDCAD → One step away from distributionFX:USDCAD is recovering amid the dollar's growth. Unemployment news is ahead. A return of the price to the buying zone may support the currency pair. Against the backdrop of the dollar's growth, a change in the market phase is forming (unconfirmed). The price has stopped updating lows and is forming an eql, from which it is breaking out of the downtrend. The initial retest of liquidity at 1.366 may end in a correction. However, a quick retest and consolidation of the price above the level will confirm the change in sentiment Resistance levels: 1.3686, 1.3732 Support levels: 1.3675, 1.366 Despite the fact that the price broke the downward resistance, the currency pair is still under pressure from sellers who are waiting for the price to fall from 1.3686. A breakout, a change in market sentiment to bullish, and consolidation above 1.3675-1.3686 will confirm readiness for a recovery. Zones of interest: eqh 1.3732 Best regards, R. Linda!
Long
by RLinda
6