Elliott wave according to elliott wave correction abc
buy limit 3325 stoploss 3315 take profit: 3380
Elliott Wave
Litecoin Is Forming A Bullish PatternLitecoin with ticker LTCUSD made nice and clean five-wave recovery back to 100 area in the 4-hour chart, which confirms support in place and bullish reversal, so it can be a higher degree wave (1), thus more upside is expected for a higher degree wave (3) after current complex W-X-Y correction in wave (2) that can be in final stages. First support is here around 90-85 area, while second deeper one would be at 80 area.
Sei trade plan SEI/USDT – Bearish Zigzag Correction In Play | Waiting for the Final Leg C
📉 Current Structure:
The chart displays a developing A-B-C zigzag correction.
Wave a is complete, and price is currently unfolding wave b, pushing into a key supply zone between 0.4388 – 0.5112 USDT.
This zone also aligns with major Fibonacci retracements:
🟡 50% at 0.4388 TP1
🟢 61.8% at 0.5112 TP 2
🔵 78.6% at 0.6143 (max deviation before invalidation) TP3 if given
traders can trade the wave b I have marked the entry and Sl it's a 4RR high probability setup
Targets for Wave C:
🎯 Primary Target (1.0 extension): 0.0789 USDT
GateChain Slows Down Within An Impulsive Bullish TrendGateChain with ticker GTUSD came slightly lower, but we still see it trading in a higher degree wave »iv« correction that can resume the bullish trend for wave »v«. It can be actually finishing final subwave (c) of a three-wave (a)(b)(c) corrective decline, so keep an eye on strong support here at the former wave (iv) swing low and 38,2% Fibonacci retracement. If we get sharp rebound and impulsive rise back above channel resistance line near 20 bullish confirmation level, then we can easily expect further rally within final wave »v« of 5 this year, which can push the price even up to 35 – 40 target area.
DXY Potential DownsidesHey Traders, in today's trading session we are monitoring DXY for a selling opportunity around 99.300 zone, DXY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 99.300 support and resistance area.
Trade safe, Joe.
Gold - Pump to a new all-time high, buy here!GOLD is super bullish, and this trend should continue until around 7000 USD, so another few years! In one of my next analyses, I will tell you why. In this short-term analysis, we want to buy GOLD at the strong support of this blue ascending channel.
On the chart we can see that GOLD has been moving in the ascending parallel channel and recently broke out of the bullish flag on the higher timeframe. The bullish flag was retested on June 9, so we don't need to go down anymore. Btw, that was a great buying opportunity! Soon the price will hit the support trendline of the ascending channel, so prepare your buying orders!
What is the profit target? The first strong resistance is the previous all-time high level. If you want to take profit here, that's definitely reasonable. Always set your profit targets slightly below major levels and resistances. From the Elliott Wave perspective, it is obvious that GOLD is starting something huge here! We are in an impulse wave 3 of 5.
Always use fibonacci extension / retracement to find strong levels on charts. I recommend using only 0.382, 0.618, and 1 levels. When we take a Fibonacci extension tool from wave (1) to wave (2) we can see that the first strong level is at 3490 with the 1:1 Fibonacci extension.
Trading tip at the end: "Develop a trading strategy that aligns with your trading persona and risk tolerance." Leave a comment with your gold prediction, I am curious! Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
GOLD (XAUUSD) – Wave b Complete? Preparing for Wave c RallyGold tapped into the key demand zone and swept sell-side liquidity (SSL) beneath wave (iii) lows.
A five-wave decline appears complete, with wave (v) of b terminating just below the o.618 fib extension at 3344.86.
🟢 Wave c projection now in focus — looking for a 5-wave impulsive rally to develop.
Targeting the Sell Zone between the 0.5–0.764 retracement (3395.87–3425.07).
🧠 Structure Notes:
✅ Imbalance Zone (IMB) formed during the breakdown has now been tapped
🔻 SSL swept + bullish reaction = potential change of state
🟢 Wave (i) and (ii) projection underway – price needs to maintain structure above 3357.43 for bullish continuation
Targets: 3408.81 (0.618 Fib)
Invalidation below: 3340.31
Momentum and RSI divergence support reversal
GOLD → Continuation of the global trend... To 3350?FX:XAUUSD is testing trend support within a correction. Against a complex fundamental backdrop (the Middle East, Fed comments, Trump's desire to lower rates), the price may continue to rise.
The price of gold rose from a weekly low of $3,363 on Thursday thanks to increased demand for safe-haven assets following reports of possible US strikes on Iran. Markets are ignoring the Fed's hawkish decision to maintain its tight policy and rate forecasts. Traders are waiting for new signals from the Middle East, given the risk of increased volatility due to low liquidity in connection with the US holiday.
Technically, a bullish wedge pattern is forming as part of the correction. The breakdown of the pattern's support did not lead to a decline, but a return of prices and a breakout of resistance could trigger growth after liquidity returns.
Resistance levels: 3373, 3403, 3420
Support levels: 3349, 3320
Before growth, a retest of the trend support or the 3350 zone is possible. However, if the price goes above 3375 and the bulls hold their ground above this level, then we can expect growth to continue within the trend.
Best regards, R. Linda!
NXPCUSDT → The coin is being killed. Searching for a new bottomNXPCUSDT is testing the bottom at 1.1675 while Bitcoin and the top 10 cryptocurrencies are in a global/local bullish trend...
NXPCUSDT is showing its weakness in the cryptocurrency market. There is no potential or driver for the coin, and it continues to be killed... Against the backdrop of a growing market and Bitcoin forming a bullish trend, the NXPC coin is testing the bottom...
After a strong and long-term decline, the NXPC coin is forming a flat (consolidation) in the range of 1.5637 - 1.1675. A pre-breakdown base is forming relative to support, which could lead to the price breaking out of consolidation downwards...
Resistance levels: 1.2532
Support levels: 1.1675
Focus on support for the range and bottom in the current coin at 1.1675. This is a risk zone and a panic zone. If the price breaks out of this consolidation, there are no obstacles below and the fall could be aggressive. A breakout of the consolidation support could trigger a continuation of the rally or a decline with the aim of forming a new bottom...
Best regards, R. Linda!
Coca-Cola Wave Analysis – 19 June 2025
- Coca-Cola broke the support zone
- Likely to fall to support level at 68.55
Coca-Cola recently broke the support zone located between the support level 70.35 (which reversed the price twice from May) and the 61.8% Fibonacci correction of the upward impulse 1 from May.
The breakout of this support zone coincided with the breakout of the daily Triangle from April – which accelerated the active correction 2.
Coca-Cola can be expected to fall to the next support level at 68.55 (former monthly low from May and the target for the completion of the active correction 2).
Gold Hits PRZ with RD-! Time for Bears to Take Over?Gold ( OANDA:XAUUSD ) attacked the Resistance zone ($3,445-$3,406) once again, forming an Ending Diagonal at the top of the structure.
Although price reached the Potential Reversal Zone (PRZ) , the presence of Regular Divergence (RD-) between the last two peaks could indicate the weakening of bullish momentum .
In terms of Elliott Wave theory , we can clearly count a completed 5-wave structure , with an Ending Diagonal pattern . This supports the idea of a major correction starting soon .
I expect Gold to attack the lower lines of Ending Diagonal , and if it breaks, it could drop to at least $3,333 . The Second Target could be the Support zone ($3,451-$3,120) .
Do you think Gold will make a new All-Time High(ATH) again in this rally?!
Note: Stop Loss (SL) = $3,463
Gold Analyze (XAUUSD), 2-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).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅ ' like ' ✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
ABC or 12345Just a little deeper to finish the wave count and we're all set. If it stays an ABC, it could mean an expanded flat correction, which wouldn't be good since it would mean we'd go deeper later.
BTC Approaching Key Confluence Zone: Pivot + PRZ + LiquidationsBitcoin ( BINANCE:BTCUSDT ) appears to have broken the Support lines and is currently declining .
In terms of Elliott Wave theory , Bitcoin appears to be completing a corrective wave C . The corrective wave structure is a Zigzag Correction(ABC/5-3-5) .
I expect Bitcoin to start rising again from the Support zone($104,380-$103,660) , Potential Reversal Zone(PRZ) , Cumulative Long Liquidation Leverage($104,471-$103,124) , Monthly Pivot Point , Support line , and 50_SMA(Daily) , and the small CME Gap($106,190-$106,150) will also fill.
Note: Stop Loss: $102,520
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-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).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
₿itcoin: Holding steadySince our last update, Bitcoin has traded in a relatively stable range. As expected, there's still a strong case for the crypto leader to climb into the upper blue Target Zone between $117,553 and $130,891. However, a deeper pullback below the $100,000 mark remains a real possibility before that move unfolds. Regardless of the path it takes, we continue to expect Bitcoin to reach this upper zone, completing green wave B. From there, a corrective wave C—also in green—is likely to follow, driving the price down toward the lower blue Target Zone between $62,395 and $51,323. This move would mark the end of the broader orange wave a. For now, we’re watching for a potential b-wave recovery before the final leg lower toward the bottom of blue wave (ii) takes shape. That said, there's still a 30% chance that blue wave (i) isn’t done yet and could extend significantly above $130,891 before any meaningful correction begins.
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
ELLIOTT WAVE XAUUUSD H4 update
EW Trade Set Up H4
minuette wave (iv) running?
The upside move from 3120a of 150525 to 3439a of 130625 does not seem a motive (sure not impulsive/leading diagonal maybe) wave , so a sideways (flat) correction of the minuette wave (iv) is more likely
key levels (area)
3462
3402
3317 POC
3270
3238
Dow Jones Potential UpsidesHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 41,900 zone, US30 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 41,900 support and resistance area.
Trade safe, Joe.
AUDUSD Potential UpsidesHey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.64600 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.64600 support and resistance area.
Trade safe, Joe.
USDCAD – Bullish Reversal After Completed Wave 5 and AO DivergenAnalysis:
The USDCAD daily chart shows a textbook completion of an Elliott Wave 12345 sequence. Wave (5) has just completed, supported by clear bullish divergence on the Awesome Oscillator (AO) – a classic signal suggesting exhaustion of bearish momentum.
What strengthens the bullish reversal bias is the presence of a bullish engulfing candle at the end of Wave (5), right at a key structural low. This candle formation, combined with the divergence, provides strong evidence that a corrective wave (likely Wave A or a larger reversal) may be underway.
🔍 Key Confluences:
Wave 5 ends in a falling wedge structure.
AO shows higher low on Wave 5 compared to Wave 3 → Bullish Divergence.
Bullish engulfing candle confirms momentum shift.
Price action breaking out of the wedge pattern.
🎯 Trade Plan:
I am waiting for a pullback toward the breakout zone to find an optimal buy entry. The ideal entry would be a retest of the bullish engulfing candle low or broken wedge resistance, turning into support.
📈 Targets:
Initial short-term target: ~1.3850 (previous Wave 4 region).
Mid-term potential: ~1.4050 depending on structure development.
🛑 Invalidation:
A daily candle closing back below the low of the bullish engulfing will invalidate the bullish outlook.
DOGE/USDT trade planThe chart shows a completed WXY correction followed by a triangle (ABCDE), marking the end of the larger correction at Wave 2.
Currently, Wave 3 is underway, with potential to enter the explosive sub-wave 3 of 3 soon. it will be the runner don't forget this coin
32RR trade setup
Entry Zone (Buy Area):
Between 0.154 – 0.172 USDT
Supported by:
61.8% Fib retracement: 0.172
78.6% Fib retracement: 0.154
Strong structural support from previous breakout zones.
🟥 Stop Loss (SL):
Below 0.110 USDT
A break below this invalidates the bullish impulse wave count.
TP1 ~$1.27
TP2 ~ $1.99
TP ~ $2.72
⚠️ Risk Note: Not financial advice. Use proper risk management
Wave C Complete — Time for the Real Move on LaunchCoin?Yello, Paradisers! Is #LaunchCoin about to reverse from its brutal downtrend? After completing a probable ABC correction right at key support, the conditions are setting up for a potential bounce — but only for those patient and prepared.
💎#Launchcoinusdt ,We’re most likely looking at the final leg of a Zig-Zag correction pattern, with wave C landing precisely within a well-defined support zone between 0.1006 and 0.1060. This zone has held up well so far, and there’s a clear bullish divergence forming on the RSI, which statistically increases the probability of a short-term reversal from this level.
💎The structure suggests we’re near a local bottom, but follow-through is essential. A sustained reclaim of the 1.618 Fibonacci extension level could act as a confirmation trigger for further upside. If that occurs, we expect price to approach the next resistance at 0.1493, followed by a strong resistance zone between 0.1900–0.2000, and eventually the major resistance around 0.2200–0.2350.
💎However, invalidation remains clear: any 4-hour candle closing below 0.1006 would reduce the probability of this bounce playing out and shift the bias back toward further downside. Until then, the setup remains valid and tradable for those who follow a structured and disciplined approach.
Paradisers! we are playing it safe right now. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
Zambian Kwacha Technical Outlook - A Wave Analysts PerspectiveUSDZMW seems to have reached what appears to be a major market top after completing a classic 5 wave Elliott impulse cycle on the monthly timeframe. This marks the end of a multi-decade bullish structure and signals the beginning of a corrective phase potentially reshaping Zambia’s FX landscape in the medium term.
Key Technical Insights:
The final Wave 5 peaked at 28.97, followed by a sharp decline to 23.90 (at the time of this publication).
A corrective ABC structure is now likely underway with fibonacci based downside targets around:
Target 1: $1 = K22.31 – minor correction (23.6%)
Target 2: $1 = K18.30 – medium correction (38.2%)
Target 3: $1 = K15.05 – deep retracement (50% of the main wave on monthly TF)
While various fundamentals, copper prices, debt restructuring and prevailing fiscal policies play a role, this technical setup suggests a strong medium to long term appreciation of the Kwacha is on the cards.
We may be witnessing the early stages of a multiyear FX shift.
Disclaimer:
This analysis is for informational and educational purposes ONLY and does not constitute financial advice in any way. Market conditions are subject to change and all trading involves risk.
June's end and 24060.There is a slight change in my previous view. Nifty is in a complex correction of wave 4 and it is going to correct wave 3 rd by June's end upto 24060 as shown in snapshot.
Dollar In Fifth Wave-Reversal In Trend May Not Be Far Away.The Fed will announce its latest policy decision later, and expectations are that Powell will keep rates on hold, especially after last week's slightly higher inflation print and still solid US jobs data. We can see some stabilization in the US dollar ahead of this event, but we have to keep an eye on geopolitical tensions in the Middle East, which coudl also play a key role in driving safe haven flows.
Meanwhile, the stock market continues to trade sideways, and I don't expect any major breakouts or strong moves ahead of the Fed. Also, tomorrow is a holiday in the US, so that could contribute to slower market conditions into the end of the week, unless, of course, the situation in the Middle East gets worse.
Looking at the DXY waves structure, I see athree-wave move from the most recent lows, so the fourth wave I highlighted a few days ago could now be approaching completion near this week’s key resistance around the 99 level. That’s definitely a level to watch for a potential fresh, but possibly final sell-off toward new lows around 97, maybe even 96.
That’s where the DXY could stabilize, as ending diagonal pattern signals that we are likely in the late stages of wave five, meaning this bearish cycle could soon come to an end.
