ElliotXSolana

ElliotXSolana Updated 

MEXC:SOLUSDT Currently, we are in a corrective Wave (4) within a larger impulse cycle. The structure shows a classic ABC correction, with the possibility that Wave C is not yet complete. Key Levels: 📌 61.8% Fibonacci Retracement – A potential zone for the correction to end. 📌 Last Low (Wave C) – Expected final low before the next impulse wave (5)...

ElliotXSolana

MEXC:SOLUSDT 📌 Current Wave Structure: We are currently in an impulsive upward move, which appears to be Wave (3). The recent pullback can be interpreted as an ABC correction within Wave (4), reaching nearly the 88.7% retracement level. 📌 Potential Scenarios: 1️⃣ Short-Term: Further corrective movement downward (potential Fibonacci retracement of...

ElliotXSolana Updated 

MEXC:SOLUSDT Overview: This analysis examines Solana’s current Elliott Wave structure. The chart suggests a potential correction (blue zone), followed by a strong upward impulse (Wave 3), and later a larger ABC corrective phase (red letters) before potentially resuming a bullish trend. 1. Short-Term Scenario (Blue Zone) - Complex Correction: The price has...

ElliotXSolana

MEXC:SOLUSDT We are currently in a downtrend, looking for one final low before a counter-move takes place. In my chart, we are in a blue (4) to blue (5) wave. Within this wave count, I am now looking for an ABC structure, which will lead us to the blue (5) wave. At the moment, we are in the yellow A-B-C wave, approaching the end of yellow C, which is expected...

ElliotXSolana Updated 

We are currently in the final phase of wave 4 to 5, forming an A-B-C corrective structure. Based on this, we could see another turquoise A-B-C wave, which might develop into an impulsive 1-2-3-4-5 setup. If this setup plays out, I expect a potential trend reversal. The target zone around 107 USDT could be strongly breached to the downside due to high trading...

ElliotXSolana

COINBASE:SOLUSD Hello Traders, I hope you all have great success in 2025! Currently, I’m analyzing Solana, focusing on the potential for its third position within the larger wave 3 to 4. At the moment, we can identify a 1-2-3 wave structure. Within wave 2, there’s a slightly messy 1-2-3-4-5 sub-wave setup, which is fairly common. We’ve observed significant...

ElliotXSolana

OANDA:XAUUSD Hello traders, we are currently in our wave (3) heading towards wave (4) within an ABC correction. Our wave B could either directly transition to wave C or form a 1, 2, 3, 4, 5 setup leading to wave C. We have a strong resistance zone at 2620. If we break through this level to the upside, I believe we could see a 1, 2, 3, 4, 5 setup. Otherwise, in...

ElliotXSolana Updated 

OANDA:XAUUSD Hello traders, after we broke my last wave 4, I reinterpreted my chart view. Essentially, my second plan is now in effect. For now, we have a big (a)(b)(c) setup, within which we see a 12345 count. Currently, we are in waves 1 to 2. Wave 1 is structured as an abc correction, which itself follows an abc structure. Within the corrective wave b to c,...

ElliotXSolana Updated 

OANDA:XAUUSD Hello Traders, For the upcoming week, my Elliott Wave analysis suggests higher prices. Three days ago, I shared my long-term chart projection. Now, I’ve broken it down into the minor timeframes to refine the best entry points for my strategy. If you're curious about the current wave we're in, feel free to check out my previous post: Currently, I...

ElliotXSolana Updated 

OANDA:XAUUSD Hello Traders, Today, we’re taking a closer look at gold. As expected, gold is moving down in an ABC structure (yellow) within our larger orange wave 4. From here, we can anticipate either a 12345 structure or, if the price moves sideways, another ABC structure leading up to wave 5. Wave 4 has likely reached its bottom, though there is still a...

ElliotXSolana Updated 

FXOPEN:XAGUSD Hello Traders, After this bearish calculated move to the downside, we have now identified our wave 4 bottom. We expect higher prices in the coming days or weeks, likely forming either a 12345 setup or an ABC pattern from wave (4) to (5). Time will tell us what unfolds.

ElliotXSolana Updated 

OANDA:XAUUSD Hello traders, After the bullish move to 2720, we have reached my maximum Fibonacci extension level for the major wave 3. I am now anticipating an ABC structure for wave 4. Wave B might rise above 2720 to trigger stop-losses for sellers, so avoid placing your stop-loss too tight. Allow the trade some room to breathe, as we could then see some...

ElliotXSolana Updated 

OANDA:XAUUSD Hello Traders, For the upcoming week, I anticipate overall bullish momentum. Last week, we may have observed a potential (1)-(2) wave formation. On Friday, a smaller 1-2 wave pattern seemed to emerge on lower timeframes (marked in yellow). A break below the yellow Fibonacci level would support my earlier idea that we might first see an ABC...

ElliotXSolana Updated 

FXOPEN:XAGUSD Hello Traders, In the coming week, I anticipate continued bearish momentum. Over the past weeks, the market has been dominated by bears. Currently, we are in a 1-2-3-4-5 move to the upside and transitioning from wave 3 to wave 4. On smaller timeframes, I observe a complex (A)-(B)-(C) correction forming wave 4. From my perspective, we are now...

ElliotXSolana Updated 

OANDA:XAUUSD Hello Traders, For the upcoming week, I am expecting one final move to the downside. We are currently in a 1-2-3-4-5 setup to the upside. From my perspective, we have likely already seen our wave 4 low. It's also possible that we have completed wave 1 of the larger wave (4). At this stage, I anticipate an ABC correction to the downside before...

ElliotXSolana Updated 

OANDA:XAUUSD Hello Traders, A quick update on gold: Wave Orange A is definitely completed. I’m now looking for bullish momentum, either as a 12345 setup (as I’ve drawn) or potentially as an ABC formation leading to my Orange B. The Fibonacci zones remain consistent regardless of the scenario. At the moment, I already have two buy positions. My current target...

ElliotXSolana Updated 

FXOPEN:XAGUSD Hello Traders, After a long-term analysis of the silver chart, I am fairly confident that this calculation is correct. Following a 12345 setup downward from a larger wave 3, we may have potentially formed an A wave of an ABC correction within the larger wave 4. While A waves can sometimes follow a 12345 pattern, this is less common—especially...

ElliotXSolana Updated 

OANDA:XAUUSD Hello Traders, After reevaluating my analysis—since my previous setup was invalidated—I would like to share my alternative chart view with you. Following our 3-wave move to the upside, we’ve now completed wave (A) and wave (B) correction to the downside. At this stage, I expect a standard 12345 setup from wave (B) to wave (C), which would align...