Elliott Wave Analysis of BTC/USDTOverview
This analysis focuses on the Elliott Wave count of BTC/USDT, starting from the significant low on November 21, 2022, at $15,484.34. The price movement since then has followed a structured wave pattern, with identifiable impulse waves and corrections.
Wave Structure
Wave (1):
BTC initiated its uptrend, forming minute degree wave (1) on April 14, 2023, reaching a high of $31,019.60.
Wave (2):
A corrective phase followed, bringing BTC to a low of $24,899.97 on September 11, 2023.
Wave (3):
After completing wave (2), BTC started an impulsive move for wave (3), which culminated on March 14, 2024, at a high of $73,800.
Wave (4):
A time-based correction followed, marking a low of $48,974 on August 5, 2024.
Wave (5):
The final impulsive wave (5) then unfolded, reaching an estimated high of $109,900 on January 20, 2025.
Post-Wave (5) Projection
After the completion of wave (5), a corrective phase is expected. Based on the Fibonacci retracement tool, BTC is anticipated to retrace 50% to 61.8% of its entire impulse move. This suggests a retracement zone between approximately:
$62,659.89 (50% retracement)
$51,521.34 (61.8% retracement)
BTC is expected to consolidate within this range before forming a new directional trend.
If price breaks $89,414 early, it will be clear confirmation of the completion of wave (5).
Conclusion
The Elliott Wave count suggests that BTC has completed a five-wave structure and is now poised for a corrective phase. Traders should watch for price action around the Fibonacci retracement levels to assess potential support and future market movements.
Disclaimer
This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry risks, and past performance is not indicative of future results. Always conduct your own research and consult with a professional before making investment decisions.
Wavetheory
EU/USD - Ichimoku Cloud TheoriesFOREXCOM:EURUSD
Did you miss the dump?
Was it tariff chatter?
Could be numerous of items weighing on the market makers over the weekend...
But if you know the Ichimoku Cloud, and what it could tell us, it just may be a safer way to analyze our charts.
What we can take away from the EUR/USD 4H, there was a bearish opportunity to participate in.
Trade safe...
THE TREND IS YOUR FRIEND - ATH 3K SOONER THAN LATER... As illustrated, I'm trying yo visualize the first couple of weeks of FEB.
If things go according to plan, the market should hold its uptrend as it has shown in a healthy and appropriate manner; in other words, respecting key pivot areas, major trendline, demand areas, and so on.
The market structure we are seeing, brings back memories of last year's SEP + OCT + NOV bullishness, where gold just kept rising to higher highs with momentum and steady buying volume.
On a fundamental aspect, the tip of the iceberg starts with the USA GOV confirming a 25% tariff sanctions on MEX & CAD; this doesn't really help much with geopolitical tensions, nor does it pave a "safe path" toward bringing inflation down, since inevitably the consumer market will have to (sooner or later and any other way) pay for such increment in prices; it's just logical. Any company that is getting charged such absurd tariffs MUST SIMPLY RAISE PRICES or stop negotiating with the US... (you be the judge of that one).
Gold continues to have key circumstances that increases its safe heaven demand in times of this degree of uncertainty worldwide.
That being said, THE TREND IS YOUR FRIEND!
Look for buy setups on key days of the week.
MON-TUE = LOW OF WEEK ;
WED - THU = EXPANSION ;
FRI = REVERSAL / CONSOLIDATION
--
GOOD LUCK!
CADJPY: Strong Reversal After Liquidity GrabEducational Insight
The market surged to the upside, targeting liquidity highs to trigger stop losses. Once liquidity was cleared, price stalled and reversed sharply.
By marking key candle highs and lows, we identified swing points to count the market waves. We applied the 2 Data Points Rule to validate the break of support or resistance—this is a crucial concept in confirming true market structure shifts.
Additionally, we analysed the wavesofsuccess wave structure, focusing on the Momentum Low and what to anticipate when price reaches this level.
🚀 If this insight adds value to your trading, smash the boost and drop a comment!
Blessings.
GBPUSD took support from 4h bullish channel – Targeting $1.265Market Context
Instrument: GBPUSD
Timeframe: 4h
Key Trend: Reversal from short 4h downtrend
Catalyst: support from 4h bullish channel + Elliott wave 4 completion.
Technical Analysis
Patterns/Levels: Price broke above the $1.2400 strong support of a 4h bullish channel.
Indicators: MACD bullish crossover; RSI above 50.
Entry Analysis
Entry Zone: 1.24250.
1.2645 (4h key resistance, Caution if fail to break).
Confirmation: support above $1.2400 on the 4h chart.
Exit Analysis
TP1: $1.2575 (prior swing high).
TP2: $1.265 (Wave 5 target).
Risk Management
Stop Loss: $1.2393 (below Support 1.2400).
Risk-Reward: 1:4.
Conclusion
“The support from 4h bullish channel signals a trend reversal.
Targeting $1.2650 with a tight SL ensures favourable risk/reward.”
Notes for Success:
Timeframes Matter: Align entry/exit with higher-timeframe trends.
Adapt: Adjust targets if volatility spikes (e.g., news events).
Disclaimer: Always include “Not financial advice. Trade at your own risk.”
Hellena | SPX500 (4H): SHORT to the low of wave “a” 5920.Colleagues, the price reached the 5920 level too quickly, so I tend to believe that wave “2” is not completed. It should consist of 3 waves “abc” so I expect the low of wave “a” 5920 to be updated.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | SPX500 (4H): SHORT to the area of 50% Fibo lvl (5972).Colleagues, I believe that price is completing wave “1” and I believe that a correction in wave “2” is inevitable.
I expect the price to reach the area of 38.2% - 50% Fibonacci levels (5972.9). I believe that a small update of the maximum of wave “1” is possible.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | EUR/USD (4H): LONG to the resistance area of 1.05862.Dear Colleagues, after the last upward movement it became clear that the wave “5” of the senior order is already completed and it means that we should expect the continuation of the correction “abc”.
At the moment I expect a corrective movement in wave “b” to the 50% Fibonacci area (1.03180), then an upward movement to the resistance area of 1.05862.
It is possible that the price will continue the upward movement, renewing the wave “a”.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | SPX500 (4H): LONG to resistance area 6104 (Wave 3).Colleagues, I see that the price has completed wave “4” and is now forming wave “5” of the higher order.
I believe that the price may go into correction in the lower wave “2” to the area of 50% Fibonacci level 5896.9, after which I expect the upward movement to continue to the resistance area 6104.
The upward movement is the priority, so I warn that the price may just continue to move upward, updating the wave “1”.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GOLD (4H): SHORT to 50% Fibo lvl 2655.Colleagues, I believe that wave “3” of the higher order is developing quite actively, but I expect a correction in wave “2” of the middle order.
I believe that the price will reach the area of 50% Fibonacci level 2655 or earlier. We should be careful, because the price may stop at the 38.2% Fibonacci level. Around this area I should set trades to breakeven.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | EUR/USD (4H): Short to the 1.00784 support area.Colleagues, I think the downward movement is over. Wave “3” is just developing and it may be shorter or longer than we think, but we can be sure of one thing - the end of the five-wave movement will be lower than the minimum of 1.01753.
I believe that a correction to the 1.03442 area is possible, then I expect a continuation of the decline to the 1.00784 support area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | Oil (4H): LONG to area of 82.000 (Wave "5"). Colleagues, all trading instruments are behaving extremely unpredictably right now due to the situation with Trump's inauguration among other things.
I see this as an opportunity to redraw the waves.
Apparently now the price is developing wave “4” and will finish it soon. I expect the price to reach the area of 82.000, renewing the high of wave “3”.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GOLD (4H): Long to area of 2726.976.Friends, it's been pretty hard lately to draw waves on a gold chart and I realize that not everyone likes it, but I'm trying to be objective.
The downtrend has not been confirmed and at this point it means that a five-wave upward movement is expected to complete.
I expect that the correction will be completed in the middle-order wave “2” (2640 area), then we will see the beginning of the wave “3”.
But it is also possible that wave “1” will continue and then the correction will be a little later - this is a risky entry.
In both cases I expect to reach the area of 2726.976.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GOLD (4H): Long to resistance area of 2717.733(Again).Dear colleagues, I believe that the 2717 level will be reached again, because the five-wave upward movement is not over yet.
I see here the development of wave “3” of higher order and the completion of the correction in wave “2” of medium order. I expect the price to start an upward movement this week.
I do not recommend placing short orders.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | EUR/USD (4H): Short to low of the wave “1” 1.02213.Colleagues, after last reaching the 1.02213 target, I believe the downward five-wave move is not over yet. Wave “5” is not yet complete, but now the price is in the correction of the lower wave “2”.
This means that the price is likely to continue the downward movement and update the low of the wave “1” 1.02213.
Therefore, I believe that the price will reach the 1.02213 area again.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | SPX500 (4H): Short to support area 5718 (Wave C).Dear colleagues, I believe that the downward movement will continue within the correction (A B C). I expect wave “C” to start moving very soon.
I think that the nearest target is the area of 5718 level, because there is a strong support area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | Oil (4H): Short to area of 50% Fibo lvl of 71.500. Colleagues, I believe that price is ending a five-wave upward movement and a correction is about to begin. I expect the price to renew the nearest high and reach the area of 75.500, after which it will start a correction to the area of 50% Fibonacci level of 71.500.
It may well be that the price will immediately start a downward movement and it will mean that wave “C” is already completed.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | GOLD (4H): SHORT to the support area (2540).Colleagues, the previous forecast has gone stale and I decided to take a fresh look.
Waves are redrawn, but the target remains the same - the support area 2540.100. This is the minimum of wave “W” of the senior order.
In addition, before starting the upward movement the bulls need to gain strength. This means that the combined correction is still in progress.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Cardano most passive scenario when Crypto/BTC pops Here a lidle Fib/Waveanalysis of Cardano aka ADA.
Just dont forget to mention that this is the most passive wave target with the assumption that we in thie case allready bottomed in WAVE2 Correction, waiting for impulsive start into Wave 3.
Wave 3 to 5 are more or less assumptions that only work out when my theory of done wave 1 and 2 has been done allready and validated by a impulsive wave 3.
Facts that we can mention is, that after last bullrun WAVE1 is perfectly arrived in Fib range 88.6 to 78.6 thats a detail that makes me really safe about that whole structure i drawed in that chart.
At the end i will update Target when we drag a bit from actual price to 0.23$ and my thesis still would be valid.
!!! If we go lower then the 0.23$ then my thesis would be invalidate and we are still in correction of the last bullrun. !!!
Target of Wafe 5 is when everything runs minmimalistic with elliotwave targets is around 1.19$
Stay tuned folks
Hellena | EUR/USD (4H): Short to Support area 1.02539.Dear Colleagues, due to the recent sharp price movement, I have redrawn the waves and now I see the completion of the five-wave impulse in the wave “5” of higher order.
I expect that the price should update the nearest local minimum of the wave “3” 1.03350.
I expect the price to reach at least the area of 1.02539.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Case Study based on Elliott Waves on exampled chart Tata MotorsHello Friends,
Today we are plotting Elliott wave counts on Case study chart of "Tata Motors Ltd".
In this study we used Elliott Wave Theory & Structures, it involves multiple possibilities, and the analysis presented focuses on one potential scenario. The provided information is for educational purposes only, not trading advice. There's a risk of being completely wrong, and users are warned not to trade or invest solely based on this study. The content is not an advisory and does not guarantee profits, We are not responsible for any kind of profits and losses; individuals should consult a financial advisor before making any trading or investment decisions.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.