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Elliiotwave

Solana (SOL) Flag & Pole Breakout (1D)BINANCE:SOLUSDT broke out of a textbook falling wedge two days ago, and is now retesting the former resistance as support. Key Technicals • Falling channel with clean structure and multiple touches • Resistance trendline broken • Price now retesting the breakout zone (~$148) • Overhead supply zone at $238–$260 • Measured Target: $240, within supply Why This Setup Matters • Clear breakout followed by a retest, which can often precede the next leg up if support holds • Falling channel retracement aligns with 0.618 Fib, a common reversal area What to Watch • Daily close above the previous resistance trendline • Push above the local $160 high for full confirmation
Long
by AliferCrypto
BTC shows signs of Downward trend with truncated wave5Bitcoins price uptrend from its recent lows appears to be out of gas. This can be shown using the elliot wave theory on the recent impulse wave where BTC price has produced a truncated wave 5 A truncated fifth wave signals exhaustion in the prevailing trend and warns of an imminent reversal. This pattern demonstrates that buyers (in an uptrend) or sellers (in a downtrend) lack conviction to push prices to new extremes. Truncations precede significant corrections or reversals. The strength of Wave B (reaching higher than the truncated Wave 5) suggests significant countertrend momentum. This often occurs in flat corrections. Typically, C waves extend to specific Fibonacci levels: 100% of A wave - This would target approximately $78,500 1.618 of A wave - (common C wave extension) - This would target around $76,000-$77,000 2.618 × A wave - (extended C wave) - This could reach as low as $73,000-$74,000 This seems to coincide with what I've been saying these past 3 months that the 74k level needs to be reached and the liquidity that price wants to take advantage of will need to be confronted before BTC will be able to reach this market cycles ATH.
INDEX:BTCUSD
by dasBoot
BTCUSD | CORRECTION HAS NOT FINISHED YETInstead of having simple ABC correction in 4th wave, Bitcoin is moving to complex one - WXY, We have a Zig-Zag to 50% correction level for 3rd wave. Probable future scenarios: - one more Zig-Zag up to ~65k or even slightly more, and after it final Zig-Zag down to previous levels: ~52k-50k; - final Zig-Zag from current levels down to the same levels ~52k-49k or slightly deeper to previous wave support levels ~45k-42k. After that, Bitcoin will go to final 5th wave of bull cycle. Hold your cash ready for one more deep dive.
by Lucique_
Nasdaq Update, Minor correction completed .... maybeSome reversal today, however, when all is said and done the market closed closed up 0. something %, so as anticipated previously, nothing dramatic. My concern is with the wave 4 failure. If this count is correct, is an area of strong selling, maybe some continuation of todays afternoon rally may overlap into the night session or early tomorrow. However, the Minor degree correction is complete and the intermediate is underway. This suggests the wave 4 failure area should be taken out with ease, but as I said, 'tis an area of concern. A break above 15680 will confirm we are in an Intermediate wave B which will drive prices back to the highs. A failure at 15680, or indeed the infamous wave 4 failure area, would strongly bring back into play the previously mentioned double or maybe triple zigzag , thus keeping us in the Minor correction. A bit confusing I know, but that's Elliott Waves )) As I said, don't try and trade complex corrections, go for the minute charts (1, 3, 5 or 15), just keep the current count in the back of your mind so you know when to expect possible reversals.
TVC:NDQ
by csmottola71
BTC.USDTUPDATE a short correction is on way :) Hope you feel well, I see a bunch of potential in digital currencies market, so be patient… ♥ I’m investing on digital currencies and I’m not going to trade on it. (as my analyses are on daily) **I suggest you to buy those that have +correlation with BTC.USDT if you want to sleep well at nights** BTCUSDT is on a bullish trend so u don’t need to be worry about most of digital currencies. At the moment BTC is going to make 5th wave, it’s the last wave of a trend, it should start, then the targets are better shown. (99%, 5th wave must come to 3rd wave) (so be relax) I do update some of those nice currencies that I really love and are safer. The red arrows are not showing exact way of price moving, they just show the trends Wait for buy levels (1) then buy
Long
by iranfxsignal
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