Wave Analysis
Us100/Nasdaq bearish moveUsing the Rubic cube strategy in a short summary Im looking for price to rise up to my short horizontal line that I've place right above current price then drop but I'd only look for entry at the green horizontal line.A 1 hour close below that would signal to me that price is indeed continuing with the bearish move.
LTO Network: Your Altcoin ChoiceA bullish wave follows a correction.
The end of a correction signals the start of a bullish wave.
What we have here is the long-term LTO Network chart. The last part is clearly a strong correction. After this correction a bullish impulse will develop. 5-up waves. 1,2,3,4,5.
Last week LTOUSDT produced an All-Time Low. This session also have some of the weakest volume ever for a major move. Lower low on low volume means that the bearish move reached its end. If the bearish move is over, what happens next?
This is the stop-loss hunt event. All LONG positions liquidated. All spot stop-loss orders activated. Full market flush and reset complete. With this move, literally millions of participants left the market, they will trade Crypto no-more. They will have nightmares when you mention Cryptocurrencies for years to come. But not all is lost.
At the same time that the bearish cycle ends, this heralds the start of a new cycle and bullish phase. It will be great.
Just as the market can hit new All-Time Lows when the bears are in control, the market can hit new All-Time Highs when the bulls control the game.
The time to buy is now.
Once you hit bottom, there is no other place left to go but up.
LTO Network already hit bottom, so we can be sure that soon enough we will experience a new phase of growth.
The action won't go full green right away. The bull market will not happen as the C wave of the current corrective phase, no. It tends to build up slowly for months. Months sideways, growing, slowly; higher highs and higher lows.
Some shakeouts happen but still the base, the ATL, stays the same. The shakeouts remove a big portion of the slow and steady growth, but just as fast as the market drops it starts to recover again. The recovery is always slow... It builds up for months and then bullish momentum shows up.
Bullish momentum leads to the first strong bullish wave. After this wave a major correction, just one, strong higher low, strong recovery and then come the bull-run phase.
This is the bull market dynamics in a glance. It will take time but it will be great.
Many people will lose patience and fold.
Some will become bored.
Others will look at the screen, track the market but will never buy when prices are low.
Then, suddenly, everything starts going up. Some of these people that are looking at the screens and the prices daily, they will be wondering, "Why didn't I buy when prices were low?" "What was holding me back?" "Why didn't I take action?"
You don't have to be in that group.
You can be in the group that will end up saying, "Wow, this time I managed to secure profits on most of my coins. 10-20X nice. Thank you Master, thanks a lot for your continued support!"
But you have to start today.
If not buying, start planning and then take action.
Thank you for reading.
Namaste.
Gold Hits Key Support – Reversal Ahead or More Fall?Gold ( OANDA:XAUUSD ) has entered a Correction phase after losing its ascending channel . Now, if you are in a Short position , this post will help you know where to take profit on your position or if you are looking for a Long position for gold , what area is suitable .
Gold is approaching an important Support zone($2,956-$2,917) that I don't think can be broken within a first attack . What do you think?
In terms of Elliott waves , Gold appears to be completing a bearish wave 5 , which appears to be able to complete at the Support zone($2,956-$2,917) .
I expect Gold to start rising again from the Support zone($2,956-$2,917) and to at least rise to $3,000 again and get close to the Resistance zone($3,058-$3,021) . It is likely to fall again after this move .
In your opinion, has Gold started a major correction, and to what price can this correction continue?
Note: If Gold can touch $2,890, we can expect further declines.
Note: Because the downward momentum is currently high, it is likely that wave 5 will also complete near $2,913, and we will see a fake break of the Support zone($2,956-$2,917).
Gold Analyze ( XAUUSD ), 4-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).
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Bitcoin Is About To SkyrocketHello, Skyrexians!
It looks like BINANCE:BTCUSDT has finally finished its correction. On the daily time frame we have the confirmation, now we are waiting for weekly close to make sure. With our prediction next wave to the upside is going to be the altcoin season wave, a lot of negative around the Trump's tariffs also confirms that.
Let's take a look at the weekly chart and remember our global forecast. The wave which has been finished in March 2024 was just a wave 1. Now price is printing wave 3. Notice that the minimal target for the wave 3 has been completed. This is the Fibonacci 1 level. Even if wave 3 has been already finished we will see higher high in the wave 5. But the main scenario is that this wave will be finished at 1.61 Fibonacci level, approximately at $140k. Anyway we will see which scenario market choose when Bitcoin will breaks $110k. Now we want to see the confirmation on the weekly by the green dot on Bullish/Bearish Reversal Bar Indicator .
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Skyrexio Team
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SUSDT Still in Trouble – Is the Worst Yet to Come?Yello, Paradisers! Are you letting this short-term bounce on #SUSD fool you? Be careful. What looks like a recovery could just be a deceptive pause before the next major drop hits.
💎After topping out just shy of the psychological $1.00 mark, SUSDT has entered a significant zigzag corrective structure. Despite the recent bounce, the bigger picture still suggests that the market is setting up for one more leg to the downside, where the real bottom might finally be reached.
💎#SUSDT has printed a short-term double bottom around the $0.38 level, positioned slightly above a moderate support zone. This has triggered a minor bullish push, offering a temporary sense of relief for bulls. However, based on the current market structure, this move is likely to be short-lived and part of a broader corrective pattern.
💎The resistance zone between $0.465 and $0.4720 is now the key level to watch. It’s a strong supply area where selling pressure is expected to return with intensity, making it difficult for buyers to gain control. If price gets rejected from this zone, a drop back toward the $0.3740 level is highly probable, as this area serves as the next moderate support.
💎The structure on SUSDT is far from done to the downside. If the rejection plays out as expected, the price could slide even lower, targeting the $0.3300 to $0.3150 range. This is where the final drop may conclude and a proper base for recovery could finally be established.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Bitcoin’s Sharp Drop—What’s Next After the Crash? Bitcoin’s Sharp Drop—What’s Next After the Crash?
Bitcoin has plunged below $77,000, marking a significant downturn as global markets react to Trump’s tariff policies.
Cryptocurrencies sold off sharply heading into the week in Asia, underscoring a clear risk-off sentiment across markets. The slide comes as US president Donald Trump dug in on sweeping tariffs that have already wiped trillions in value from US equities. US equity-index futures slumped and the yen surged in a sign of deepening turmoil throughout financial markets.
You may watch the analysis for further details!
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EURUSD Will Go Down From Resistance! Short!
Take a look at our analysis for EURUSD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.104.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.091 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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Bitcoin Pullback Complete – Bears Gearing Up for Round Two!!!First of all, let me say that the market has been very excited these past few days, so be more careful with your capital management.
Also, these days, Bitcoin ( BINANCE:BTCUSDT ) has a high correlation with the US stock market indices , and one of the most important of them is the S&P 500 Index ( FOREXCOM:SPX500 ).
Today, I published the following analysis for the S&P 500 Index , which I used as a result of that analysis for Bitcoin .
Bitcoin is trading near the Resistance zone($81,610-$79,800) , the Yearly Pivot Point , the Daily Pivot Point , the important uptrend line (broken) , and the Cumulative Short Liquidation Leverage($81,500-$79,677).
Overall, it seems that this uptrend in Bitcoin over the past few hours was a pullback to the broken Important uptrend line and the liquidation of short position s. Do you agree with me?
In terms of Elliott Wave theory , it seems that the uptrend of the last few hours has been in the form of a Zigzag Correction(ABC/5-3-5) and we should expect another decline .
Based on the above explanation , I expect Bitcoin to resume its downtrend and approach the Potential Reversal Zone(PRZ) again ( after breaking the support lines ).
Cumulative Long Liquidation Leverage: $74,520-$73,244
If you want to see my overall view of Bitcoin on the weekly timeframe and further understand the significance of the Uptrend line(broken) , you can refer to the following idea:
Note: If Bitcoin can completely fill the CME Gap($84,475-$81,450), we should expect further increases.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 15-minute 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).
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SPY - support & resistant areas for today April 10 2025The key support and resistance levels for SPY today are above.
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Understanding key levels in trading can provide valuable insights into potential market movements. These levels often indicate where prices might reverse or consolidate, serving as important signals for traders considering long (buy) or short (sell) positions.
Calculated using complex mathematical models, these levels are tailored for today's trading session and may evolve as market conditions change.
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EURUSD: Expecting Bearish Continuation! Here is Why:
Balance of buyers and sellers on the EURUSD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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GOLD - one n single resistance , holds or not??#GOLD.. perfect move as per our discussion and now we have one n single resistance area.
That is 3093-94
Keep close that area because that is our key level now and if market hold it in that case we can expect a drop below that..
Note: above 3093-94 we will go for CUT n reverse on confirmation.
Good luck
Trade wisely
SUI Rebuy Setup (12H)After forming a 3D pattern at the top, wave E of a higher-degree pattern has completed.
A new leg has formed from the point marked by the red arrow on the chart.
It seems that wave E will end in the green zone, followed by a strong upward reversal.
Truthfully, there are other support levels above our marked zone, but we have identified the most important one. If the price reaches this level, we can take a safe buy on SUI.
This project is one of the strongest in crypto, but we always manage risk.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Comprehensive Research - McDonald’s Stock Set to SoarQuick read:
McDonald's stock is poised for a bullish move, with Wave 3 likely starting and strong support near 290.50–295.00. Traders should long on dips within this range, for next resistance levels, 326.00 and 348.00 with a invalidation below 276.00. This setup offers a solid risk-to-reward in a long-term uptrend. Alternative safe entry is possible after the break of corrective channel breakout of wave (2).
Elliott Wave Forecast:
TF - Daily
The chart suggests that McDonald’s stock is in the middle of a larger upward move known as Wave C, which comes after completing a complex correction. Wave C is expected to unfold in five smaller waves, a pattern that usually points to a strong uptrend. It appears the correction is behind us, and a fresh bullish phase is underway.
Starting from the low at 276.53 , marked as Wave B, the price climbed to 326.32 , forming Wave one. After that, the stock pulled back to 290.50 , forming Wave two. This pullback followed a typical ABC pattern within a corrective channel, which often signals the end of a downturn and the beginning of an upward move.
Now, Wave three seems to be starting, and this is usually the strongest part of Wave C. The price is expected to move above 335 , take a small pause for Wave four, and then rise again to complete Wave five somewhere around 345 to 350 dollars. This positive outlook remains intact as long as the price stays above 290.50 . With the breakout from the corrective channel, the setup looks strong and clear for buyers.
Fibonacci levels:
Fibonacci Extension Targets:
1.000 extension: 326
1.618 extension: 348
Correction Retracement Levels:
Wave 2 retracement: 78.6%
A = C in A-B-C correction: 289.21
Price Action & shifting of value:
TF: Weekly
McDonald’s stock has been steadily climbing inside a rising channel since late 2020, showing a clear long term uptrend. The price has respected both the top and bottom edges of this channel very well, and interestingly, the middle line has acted like a pivot, providing support or resistance multiple times over the years.
Recently, the stock made a higher low at 276.53 and bounced back strongly, keeping the bullish structure intact. It then pulled back to 290.50 , right around the middle line of the channel, and held above an upward sloping trendline. This kind of price action shows strength and suggests buyers are stepping in.
The sharp move from 276.53 up to current levels looks like a strong bullish leg, possibly driven by accumulation. If the stock can break above its recent high of 326.32 , it could head toward the upper end of the channel. As long as the price stays above 290.50 and especially above 276.53 dollars, the bulls remain in control. Even if the price dips a bit, the long term trend stays positive unless the lower boundary of the channel breaks down.
I will update more Information here.
GBP/USD READ IN CAPTIONSGBP/USD shows the price moving within a clear downtrend. The price is currently testing the resistance level near 1.34252, where a possible sell zone has formed. The chart suggests that after reaching this level, the price may experience a pullback or reversal.
The sell zone support is indicated in the shaded areas, where price has previously found support. This suggests that the market might revisit these areas after the expected pullback. The entry points for short positions are marked at 1.28550, with a possible continuation towards the target near 1.22000.
The resistance level at 1.34252 is a key level to watch, as the price has struggled to break above it. A rejection at this level could trigger a bearish move, pushing the price towards the target at 1.22000.
Overall, the chart suggests a bearish outlook for GBP/USD, with potential opportunities to enter short positions around 1.28550 and aim for 1.22000 as the target. Traders should watch for price action around the resistance level to confirm the bearish reversal.
NATGAS Local Bearish Pullback Expected! Sell!
Hello,Traders!
NATGAS is about to hit
A strong horizontal resistance
Level of 3.880$ after a sharp
Push upwards by the bulls
So a local correction is needed
From the resistance with the
Expected target being the
Local level below at 3.655$
Sell!
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NSE IONQ - Are we ready for a breakout?The corrective phase is complete and an impulse move appears likely. A strong buy above the A-B-C channel could target levels around 30 - 37 - 45 or higher. Good entry is possible above 26. However, if conditions worsen, further corrections may ensue.
I will update further information soon.
EGLD Eyes Tactical Rebound from Structural SupportEGLD remains in a defined macro downtrend since its $544 ATH, but the current price action is reacting once again at a key lateral trendline that has historically triggered major bullish rebounds. The ongoing bounce from this structural support suggests a potential short-term rally toward the $40 resistance zone.
We're positioning within the immediate demand zone, with close attention on price behavior at the nearby weak resistance, which could cap this relief move. A breakdown below this demand region, however, opens the door for deeper downside toward the critical support zone highlighted on the chart.
DXY Will Move Higher! Long!
Take a look at our analysis for DXY.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 102.170.
Taking into consideration the structure & trend analysis, I believe that the market will reach 102.904 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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