EW forecast for gold (TF:Weekly)EW forecast for XAUUSD (TF:Weekly)
Gold almost reached the upper boundary (Wave 3) of the parallel channel.
A reversal (Wave 4) may follow from here.
Elliotwaveanalysis
Is Silver in the middle of a extended Wave (5)?What Is a Wave 5 Extension?
When both Wave 1 and Wave 3 have moved in a fairly standard fashion, traders often expect Wave 5 to be where we see the extension. Wave 5 extensions in commodities occur when the final leg of a price movement stretches out longer than anticipated. These tend to happen because momentum lags, but optimism still remains high, particularly among retail traders who are often late to the party.
The current graph of Silver is a perfect Elliott Wave impulse, that will be used in the history books.
Are we correct in predicting that there is a high change that Wave 5 extends? That it could be between 100% up to162% of Wave 1, projected from Wave 4.
Will Silver go to 34.32 - 42.54 before the end of the year?
Bitcoin - MORE INCREASE? Have to see THIS FIRSTBitcoin has been giving us some positive vibes as buying pressure shows up on lower timeframes. We've even managed to keep the price above $60k - an excellent sign of strength.
However, before considering more upside there really is just ONE thing we need to see - higher lows.
For as long as we are unable to breakout ABOVE the diagonal resistance zone, we'll just be stair stepping down into a slowburn, slow decline until point 4 is established and we're ready to complete the final impulse wave up (4-5).
Making higher lows would result in prices back towards the upper 60's, with a successful retest of the neckline support.
EXTRA FOR EXPERTS - Here's how to use the Bitcoin Dominance chart together with the Altcoin market chart to gauge the next direction of BTC:
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BINANCE:BTCUSDT
BANPU | TFW Target Downtrend C.5-wave - Breakout Buy TP+80%BANPU wave analysis - target downtrend C.5-wave 4.50 - 4.00 zone
Entry: Buy on breakout downtrend line - ma20w dynamic resistance 3 breakout after bullish divergence often a real reversal.
Target: Key resistance @ 8.00 zone +60-80% profit
Support Indicator: MACD TFW doubled bullish divergence golden cross
Dollar Index SellAs dollar index had expierenced waterfall during new on US session and it has stopped over its weekly support and is also forming a falling wedge pattern which is a Bearish Continuation pattern now and it has also completed ABCD waves and going to complete its last E wave if everything goes inline after E Waves it will break down its weekly to daily Support and will start falling again after a reset market sentiment is also indicating that DXY will continue falling also the confluence is price is trading in down trend on daily to H4 to H1 TF and bullish in weekly and monthly TF according to my anylisis DXY will keep falling till its weekly base acting as support on 98.00
BTC Sept - Dec Historical Returns#BTC has performed very interestingly during September - December months.
Almost every single year had a make or break movement.
Check out the returns for every year
Given the very long reaccumulation / retracement that started in March this year, I expect some very impulsive movement towards the 90k region, which will mark the 5th wave, and start the 3rd wave for altcoins
JswSteel : Path Towards wave 3rd target(1050)Its moving on wave 3rd of intermediate degree
just trace it should be touch 1050
or even more
SL =910
Target = 1050
SonatSOFTW is on longSONATSOFTWARE is on long
its enter in wave 5th of major degree
entry = 646
TARGET= 970
SL=550
this chart is only study purpose
Downtrand is broakenDowntrand is broaken, but the probability that capitalization will grow is not high.
1) On the lower timeframes oscillators are ready to go down.
2) The tendency to decrease volumes is stable.
S&P 500 hits new high a day after Fed rate cut - stock index trades above 5,700 for first time ever. When the price takes a new high, and on the RSI oscillator we see a decline that failed to beat the previous high - this is called a bearish divergence. One of the most powerful indicators in financial indicators. The previous time we touched this level were in 1999, 1956 and1929. There hasn't been an opportunity like this to go short in 25 years. A simple wave count shows that this is the beginning of wave C.
3) I see only one case in favor of BTC going to 80-100k - if the structure from November 2022 is an impulse, the formation from March 2024 to present is a triangle, so the last action wave could throw the price up for a month, after that a bear market will start.
My base case scenario is that we are in a primary ABC correction. Wave C is underway now, which is a running flat.
Nevertheless, my base scenario is this we in a primary ABC correction. Now is C wave, which is a Running flat.
Sui's correction completed & breakout from a reverse H&S SUI’s been on quite the ride, and right now, it’s looking like we might be wrapping up this ABC correction. Here’s what I’m seeing:
5-Wave Downer (1-5): The market took a hit – we all saw it coming. Classic 5-wave impulse down. And now? We’re watching the recovery take shape in this ABC correction:
(A): The first bounce after hitting rock bottom. You knew that was coming.
(B): A bit of a fake-out, price dips again just to keep us on our toes.
(C): And now we’re pushing up toward the $1.65-$1.70 zone – the magic number that everyone’s watching.
Resistance Area: This $1.65-$1.70 level is like a wall. It’s been there before and could be again, so pay attention. If we smash through, we might be talking a move toward $2.00.
Upward Channel: Look at that beautiful rising channel we’re in. Price is climbing, but it’s at the top now. This is the part where things get interesting.
What Could Happen Next:
1. Breakout City: If SUI powers through $1.70, this thing’s got some legs. $2.00 and beyond is totally on the table.
2. Hard Pass: But if it gets rejected, brace yourself – we could see a dip back down to $1.20, testing that channel’s lower edge.
In a nutshell: SUI’s about to make a move. Keep your eyes peeled on the resistance zone. If it goes through, we’re in for a ride. If not, it’s time to buckle up for another drop.
SOLUSDT – Potential ABC Correction into ResistanceIn this analysis, we’re tracking an Elliott Wave structure on Solana’s daily chart.
Here’s what we’re seeing:
Resistance Zone ($150-$160): This zone has been tested multiple times and remains a critical level to break for further bullish continuation. A break above this area could lead to a much stronger move towards $170+ levels.
Elliott Wave Count:
We have just completed a 5-wave impulse down, marking a significant local bottom around $129-$130.
Now, we’re possibly in the midst of an ABC corrective wave:
(A): First push upwards off the $129-$130 zone.
(B): Expected pullback after testing the resistance.
(C): Potential rally back to $150-$160 resistance to complete the ABC structure.
Support Trendline: The ascending yellow trendline connects key lows and is guiding the price upward. This line will act as dynamic support, and any break below it could invalidate the bullish scenario.
Key Levels:
Watch the resistance zone at $150-$160 closely; breaking this with strong volume would confirm a bullish breakout.
Failure to break above could push SOL back to retest support around $130-$135.
Conclusion: SOL is entering a critical phase. The ABC correction points to a potential test of the resistance zone at $150-$160, but traders should be cautious of rejection here. If the bullish scenario plays out, we could see a move toward $170+. However, invalidation below the ascending support trendline could lead to more downside.
SP500 Futures Chart Now in Final Stages of 100 year RallyCycles are a normal part of life. The stock market is no different. In my long term analysis we appear to be headed up to an area that can complete a rally that started almost 100 years ago.
For context, this long-term consolidation will be similar to Japan's Nikkei index in which made no new high's for 34 years.
Don't miss out on bearish move!From a daily point of view, we can see that 3 bearish candles formed August 28,29 and 30th. Afterwards, on the 4 hour chart, the pair made a lower low and began to retrace into fair value gap yesterday afternoon, but immediately rejected from that level. This morning, price rejected that area again, indicating the bearish continuation may go on.
Elliott Wave: USDJPY Moving Into 139-137 SupportUSDJPY slightly stabilized yesterday due to higher US yields following Powell's rate announcement and press conference. However, note that the rise from the most recent lows occurred in three waves and stalled at the previous swing high at 143.80 resistance. This suggests there could be new sellers attempting to push prices back to the lows. But keep in mind, this could be the final leg within the diagonal formation, which could lead to a bottom forming in the next few days. On higher time frame chart, the 137-139 zone remains a very important support area; 2023 swing lows.
GH
Hellena | EUR/USD (4H): Long to the resistance area 1.11587.Dear colleagues, in the last forecast I counted on the fact that wave “2” is completed, but now it is clear that it is not.
I think that the price will complete wave “2” in the area of 100% - 161.8% Fibonacci extension levels. This is the range of 1.09788 - 1.08690.
But from here I hope to see the beginning of the upward movement in wave “3”, because I still want to see an update of the highs and the nearest target is the resistance area at 1.11587.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
BLUR: The prospect of increasing?As you can see, BLUR has created an ascending head and shoulders and is also located in the megaphone, which means that if it breaks, we expect the price to reach the target (AB=CD).
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!
Bitcoin Analysis==>> Pump to $59,000==> Short termBitcoin is currently moving in the Support zone($55,780-$54,550) near the Support lines and 100_SMA(4H-TF) .
According to Elliott's wave theory , Bitcoin is completing microwave 5 of the main wave 5 .
Also, Regular Divergence (RD+) between Consecutive Valleys .
I expect Bitcoin to rise to at least $59,000 after breaking the Resistance line .
Note: We can expect more dumps if Bitcoin breaks the Support zone($55,780-$54,550).
Bitcoin Analyze (BTCUSDT), 15-minute frame⏰.
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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BTCUSDTBased on HEW analysis which took me about a month to complete, we are on wave 5 of wave C of wave 3.
according to this analysis, wave 3 will end at 48800-48400. then wave 4 will begin which is a very deep wave. This correction wave would be as long as 10000-15000 USDT.
POPCAT : Why POPCAT Remains Bullish and Its Next Potential Movethe POPCAT is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD).
According to Elliott's theory, the triple combo waves have ended and it means that the price can increase.
Note: we should wait for the breaking of the triangle and than make a move!
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Honestly, I don't feel like explaining, the chart says it all !!FOREXCOM:XAUUSD
The GOLD is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
From a different point of view!!!
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Bitcoin FULL Analysis PART 2In a previous analysis, I discussed the relationship between Bitcoin, the Altcoin market and Bitcoin Dominance.
An important rotation exists between these three; and by using TOTAL3 together with BTC.D, you can get a clearer picture of where BTC is trading in the current cycle.
In this video, I make an important suggestion based off Elliot Wave Theory. This theory is backed up by the points mentioned but also by the Logarithmic view:
From the log scale, we can see BTC is still trading relatively low compared to previous cycle top-outs. So the question remains - the end... or just the beginning?
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COINBASE:BTCUSD BINANCE:BTCUSDT CRYPTOCAP:TOTAL3 CRYPTOCAP:BTC.D
TESLA is looking to make a run for $345 during the 5th wave.Tesla looks like it might make a run to $345 in the 5th and final Elliott Wave over the next 2 to 3 months. This identical pattern appears to have already played out in an earlier instance, which makes it slightly more likely that the pattern will repeat itself.
Good luck, and always use a stop loss.
Looks like Bitcoin Bull run is startingBitcoin bull run appears to be in play and is likely to start in September and be an up month vs everyones prediction of a down month..
