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Wave Analysis

2025.05.18 BITCOIN Short-term long positionWe are the SeoVereign Trading Team. With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum. 🔔 Follow us to never miss a market update. 📈 Bitcoin (BTC) Long Position Outlook Currently, Bitcoin has confirmed support after two valid Bat patterns played out. From an Elliott Wave perspective, the market is in a consolidation phase, and it’s unclear whether the next move will be an impulse or a corrective wave. However, what’s important is that the next wave is very likely to be bullish. So regardless of its type, this is a zone to consider a long position. One important point to emphasize: Do not try to predict the distant future with Elliott Wave or Harmonic patterns. These tools are excellent for identifying short-term direction and entries, and our accuracy over time has proven this. Instead of drawing overly extended scenarios, focus on high-probability short-term setups and place your bets accordingly. For this reason, I’m presenting a long position at the current level. 🎯 Target Levels 1st Target: 103341 2nd Target: 103569 3rd Target: 103793 Adapt to the market structure, and place strong bets only on what’s predictable. 📊 Strategic Implications of Rising Bitcoin Dominance Recently, Bitcoin dominance has been rising significantly. This indicates that Bitcoin's upward momentum is currently the leading force in the overall market. During such periods, many novice investors tend to accumulate altcoins instead. They expect similar gains from altcoins as they see in Bitcoin, and often bet on relatively "cheaper" assets. However, in reality, this is precisely the time to buy more Bitcoin aggressively. There’s always a reason why certain assets fail to rise. If a coin doesn't move even when the broader market is going up, it should be interpreted as a lack of relative potential. ✅ In conclusion, In a dominance environment like this, a Bitcoin-centered portfolio is a more rational strategy than focusing on altcoins. Staying aligned with Bitcoin’s trend is the smarter approach to increase the probability of profit.
Long
by SeoVereign
1
Sideways Still in Play for ETH After RejectionIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Recap Ethereum just tapped into a key Area of Interest and got rejected. The move confirmed short-term resistance while keeping the broader wave structure intact. Although no clear breakdown has followed, the rejection signals that the asset is still mid-cycle. The expectation now is for a sideways consolidation. This aligns with a developing wave 4, but the price action ahead will determine how this structure unfolds. Wave Structure At present, the count favors a completed wave 3 followed by a wave 4 that is still forming. The rejection at the AOI fits the narrative of a corrective structure underway. Whether that plays out as a triangle or a flat will depend on how the next legs print. Key markers are in place: AOI was respected No breakdown of the prior key support level Above the 0.382 to 0.5 retracement zone remains in focus as a reaction area Should price expand beyond typical retrace/time boundaries, the degree of the count may need to be adjusted. A more complex correction or a deeper reset could shift the current interpretation from a wave 4 into something more substantial. Outlook • Rejection confirms resistance • Expecting sideways movement to continue • Watching the 0.382 to 0.5 zone for key price behavior • Price action will determine the next wave structure • If momentum expands rapidly, degree reassessment is on the table Ethereum’s current posture suggests a market in digestion mode. Whether this leads to a launch into wave 5 or deeper corrective behavior, the next prints will be critical. No confirmation of bullish continuation yet. More updates soon as the next leg develops. Trade safe, trade smart, trade clarity.
COINBASE:ETHUSDLong
by CryptoKnee
USD-CHF Free Signal! Buy! Hello,Traders! USD-CHF is once again Retesting a horizontal support Level around 0.8189 and the Pair seems to have formed A H&S pattern, so we are bearish Biased, however, a local bullish Rebound from the support Is possible so while risky A long trade still makes sense With the Take Profit of 0.8238 And the Stop Loss of 0.8184 Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TopTradingSignals
1
XauUsd Expect ContinuationMarket Context & Fundamental Overview Gold surged 4.85% last week, closing in on the critical $3,500 resistance zone, as the U.S. Dollar came under intense pressure. Key catalysts include: Moody’s Downgrade of U.S. credit outlook, driving the DXY below 100.00 Mounting concerns over fiscal stability as the $3.8 trillion tax bill advances to the Senate Long-dated Treasury yields topped 5%, signalling investor anxiety Rising geopolitical tensions, particularly in the Middle East (Israel–Iran risks), fuelling safe-haven demand Anticipation of a dovish shift from the Fed, with this week’s FOMC minutes (Wed) and Core PCE print (Fri) likely to influence USD direction and risk sentiment These macro conditions reinforce the bullish case for gold, providing fundamental alignment with the current technical setup. Technical Analysis (Elliott Wave Framework) Gold appears to be forming a classic 5-wave impulsive structure. Current price action suggests we are in or near the end of Wave 1, which should pullback into a key Fibonacci retracement zone (50–61.8%). Wave 1: Completed – sharp rally from previous support Wave 2: Ongoing – corrective pullback into Fib zone Wave 3: Anticipated next move – typically the strongest impulsive leg Market Structure Observations: Price respecting higher timeframe support Momentum indicators beginning to stabilise No sign of deeper invalidation yet Trade Plan Entry Strategy Aggressive Entry: Enter on a clear bounce from the Fibonacci zone (~61.8% retracement), with a strong bullish candle or momentum signal Conservative Entry: Wait for a break above the Wave 1 high to confirm trend continuation into Wave 3 Stop Loss Below the Wave 2 low / structural invalidation level Take Profit Levels TP1: $3,500 (recent high and resistance) TP2: $3,750 (projected Wave 3 target based on 1.618 Fib extension of Wave 1)
ICMARKETS:XAUUSDLong
by m0bh4y4t
Bitcoin Update– Complex X Wave Completed, New Pattern in Pla📊 Chart Update | Advanced Structure Analysis We’ve just completed a multi-layered X wave as part of a larger correction: 🔷 Zigzag (off-screen, higher timeframe) 🔷 X Wave structure included:   🔹 Contracting Triangle   🔹 Small timeframe x wave (thrust)   🔹 Classic Flat correction This entire sequence forms a validated complex X wave, as per Glenn Neely’s NeoWave guidelines. Now, a new pattern has begun on the higher timeframe: 🔷 Wave A = :3 🔷 Wave B = :3 Based on this, we are likely entering one of the following: 🔷 Flat Pattern  📈 If Wave C develops as :5, expect a strong, impulsive upward move.  🚀 This would mark the final leg of a classic A–B–C Flat. 🔷 Contracting or Running Triangle  🔁 If Wave C unfolds as :3, the market may form a triangle (C–D–E still pending).  ⏳ Expect sideways movement with shrinking volatility. 🔷 Diametric Pattern  📐 If price action develops rhythmically past C, we may be inside a 7-legged Diametric.  🔄 Structure would progress to Waves D–G in a balanced fashion. --- What’s Next? 👁 Watch Wave C closely: 🔹 If it’s emotional and impulsive → 📈 Likely a Flat 🔹 If it’s slow and overlapping → 🔁 Triangle or Diametric Stay alert — the next move will confirm the dominant pattern! BINANCE:BTCUSDT
Long
by TradingHeights
WTI OIL Might be close to the end of correction or finished it.there are definetly more than 1 posibilities in this one, 1 more down wave can occur and that is why i have a invalidation level. long term definetly buy but short and mid term is just not very clear, i am thinking it s time to buy. what i am going to do is keep track of it a bit more in short term and if it gives me good buying opportunity near the below i will enter the trade with a stop loss. and if it upbrakes possible impulse wave will occur and i will buy again to mid term target. so for now keep an eye on it and buy if the opportunity arise.
PEPPERSTONE:SPOTCRUDELong
by artisticDog29915