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Elliott Wave

Red Lights for SOLANASolana has recently completed its 5-wave impulsive rise, and now a correction phase appears to be underway. Notably, a diamond top formation has formed and already broken to the downside, further supporting the short-term bearish outlook. As long as SOL trades below the $180 resistance, this corrective scenario remains valid. I currently do not expect a drop below the $146 support zone, making this a structured micro pullback within a larger bullish macro trend. This setup offers opportunities for both short-term short and long entries, depending on how the price reacts near key levels. While the macro structure and fundamentals remain highly bullish for Solana, this correction could provide an ideal re-entry point before the next major leg up. — Thanks for reading.
Short
by vs_sayin
ETH/USD Breaking Higher, Can Fill The Gap? Hey traders, Some of the altcoins are recovering very nicely today, with Ethereum being no exception. In fact, we’ve seen a pretty nice consolidation on ETH over the last three weeks, and it looks like it’s breaking to the upside right now. I wouldn’t be surprised to see more gains unfolding into wave five of a five-wave advance away from the April lows. Targets around 3000 and even 3300 could be quite interesting, especially if we consider the big gap that dates back to February. GH
CME:ETH1!
by ew-forecast
4
MARA Is Waking Up And Looks Promising For The Crypto MarketMARA Is Waking Up And Looks Promising For The Crypto Market, as it can send the price even higher this year from a technical and Elliott wave perspective. Marathon Digital Holdings with ticker MARA nicely and sharply recovered away from the strong support after a completed projected higher degree abc correction in wave B/2. So, similar as Crypto market, even MARA can be forming a bullish setup with waves »i« and »ii« that can soon extend the rally within wave »iii« of a five-wave bullish cycle within higher degree wave C or 3, especially if breaks above 21 first bullish evidence level. It could be easily supportive for the Crypto market if we consider a positive correlation.
NASDAQ:MARALong
by ew-forecast
2
Bitcoin’s Final Wave & Time Reversal Zone _ New ATH Loading?Today, I want to analyze Bitcoin ( BINANCE:BTCUSDT ) on the weekly time frame and answer these questions : Can Bitcoin create a new All-time High(ATH) or not!? At what price range can Bitcoin's uptrend end!? When can we expect the uptrend to end!? Please stay with me. Bitcoin appears to have managed to break the Resistance lines , although we saw a fake break a few months ago , and it also appears to have a Hammer Candlestick Pattern in the previous weekly candle , which could signal the completion of Bitcoin's pullback to the Resistance lines(broken). In terms of time , if we want to analyze the Bitcoin chart and look at Bitcoin's past, in general, the months of June(Average=-0.13%/Median=+2.20%) and especially July(Average=+7.56%/Median=+8.90%) have been among the most productive months for Bitcoin , and the months of August(Average=+1.75%/Median=-8.04%) and September(Average=-3.77%/Median=-4.35%) were the months when Bitcoin had a correction . Technical analysis tools show the end of the upward trend and the beginning of Bitcoin's correction at the Time Reversal Zone(TRZ=June 23 to August 4) . In terms of Elliott Wave theory , Bitcoin appears to be completing the main wave 5 , as the main wave 3 was extended . I expect Bitcoin to trend higher(+10%) in the coming weeks and create a new ATH . New ATH could be created in the Potential Reversal Zone(PRZ) and TRZ , and then we can wait for the start of the main correction . What do you think about Bitcoin’s future movement? Can Bitcoin create a new ATH? When and at what price? Note: If Bitcoin falls below $100,000, we should expect further declines. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), weekly 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.
Long
by pejman_zwin
33
GOLD → Hunt for liquidity ahead of continued correctionFX:XAUUSD is strengthening due to uncertainty while the dollar consolidates. Amid heightened volatility, a retest of the 3340 liquidity zone may form, and if buyers fail to keep the price above this zone, gold may form a correction Demand for the dollar is supported by the rise in USD/JPY after soft comments on interest rates by Bank of Japan Governor Ueda. Gold is responding with a correction. Traders remain cautious ahead of the outcome of the second day of trade talks between the US and China in London. Donald Trump confirmed that dialogue with Beijing is continuing, but key differences remain. Investors are also awaiting US inflation data (CPI), which could determine the further dynamics of the dollar and gold. Meanwhile, inflation expectations in the US fell from 3.6% to 3.2% in May. Technically, gold broke the structure and confirmed key resistance during the correction. A hunt for liquidity is possible before the decline continues towards the key target of 3275. Resistance levels: 3340, 3361 Support levels: 3301, 3275 The price is forming a new trading range of 3340 - 3301 (3294). Before declining, especially if the fundamental background changes to positive as negotiations progress, gold may test the liquidity zone of 3340 and form a false breakout, which will trigger a continuation of the correction to 3275. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
15
GOLD → Correction before a decline or continuation of the trend?FX:XAUUSD is testing the liquidity zone during the Asian session and forming a false breakout. The metal is recovering, but the fundamental background remains unstable... On Monday, gold is holding steady at around $3,300 amid a weaker dollar and caution among traders ahead of US-China talks and the release of US inflation data (CPI) on Wednesday. Strong NFP data for May strengthened the dollar and lowered expectations for a Fed rate cut. However, domestic problems in the US are putting pressure on the currency... Markets are adjusting positions ahead of CPI. Geopolitics and domestic unrest in the US are holding back gold's decline, despite possible optimism about a trade deal. Technically, the trend is bullish, with the price previously breaking the structure but rising in the Asian session after a false breakdown of the order block and the 3300 liquidity zone. Further movement depends on 3330 - 3340 Resistance levels: 33301, 3339, 3375 Support levels: 3301, 3275 The price is heading towards 3330-3340 for a retest. If the dollar continues to decline and gold manages to consolidate above 3340, the bullish trend may continue. BUT! A false breakout of the 3330-3340 zone could trigger a further decline after the bullish structure breaks down. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
11
Inj Trade Plan📊 INJ Elliott Wave Update 🚀 Zigzag correction ✅ (5️⃣-3️⃣-5️⃣) followed by an ABC flat (3️⃣-3️⃣-5️⃣) — textbook cleanup before liftoff. Wave (b) is in the past — Wave (c) just getting started 🟢 🔹 Wave 1 & 2 are complete 🔹 Wave 3 loading... ⚡ 📍 Targeting: • 1.618 @ $25.61 🎯 • 2.618 @ $142.12 💸 • 3.618 @ $193.99 🚀 🔻 Invalidation below $8.34 (78.6% retracement of wave 1) 🌊 If this count holds — we’re staring at a macro wave 3 explosion. Eyes on the prize. 🧠💥 #INJ #ElliottWave #CryptoTA #Altseason2025 #Wave3Incoming #LongSetup #InjMoonMission #TradingView
Long
by HodlAhmad
1
Triangle Breakout Brewing in TCS?After completing a sharp five-wave rally that ended near 4592, TCS entered a classic zigzag correction. The drop from the top formed an A-B-C pattern where Wave A brought prices to 3913, followed by a corrective bounce to 4489 for Wave B, and then a strong decline to 3056 completing Wave C. This entire move looks like a textbook zigzag correction and marks a potential end to the correction. From the low of 3056, the stock started to recover and formed a five-wave advance, which has been marked as a smaller-degree Wave 1. What followed next is quite interesting — instead of a typical zigzag or flat for Wave 2, price moved sideways and carved out a triangle. This triangle seems to have completed with Wave E ending around 3358. Now, with the triangle complete and prices starting to move up again, it looks like Wave 3 might have just kicked off. The key level to watch on the upside is around 3642, which is the 0.382 retracement of the previous fall. If price crosses this, it would increase confidence in the bullish structure. The projected target zone for Wave 3 lies between 3933 and 4288, depending on how strong the move gets. The entire setup remains valid as long as price stays above the 3056 low. If that breaks, the bullish count is off the table. Chart will be updated as price action evolves. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:TCSLong
by WaveXplorer
Unfolding the Final Chapter: A Possible Zigzag in Wave ZIn this chart, we are looking at a possible WXYXZ complex correction unfolding on the daily timeframe. After Wave W and a connecting Wave X, we saw a sharp drop forming Wave Y. The next bounce, which is labeled as Wave X2, appears to be a clean five-wave impulse. While it's not very common, impulsive waves can occur as connectors in complex corrections, especially when the market wants to retrace deeply before the final leg. This adds weight to the idea that the correction is not over yet. What follows next is Wave Z, and it seems to be taking the form of a zigzag. Within this zigzag, the first leg, Wave A, looks like a textbook leading diagonal. This is something we often see at the beginning of zigzags where the market starts a move in the direction of the larger trend but in a choppy and overlapping way. After Wave A, we should expect a pullback as Wave B, and then a final drop as Wave C, which could mark the end of the entire WXYXZ structure. This interpretation stays valid as long as price respects the invalidation level marked near the top of Wave X2. If that level is breached, the structure will need to be re-evaluated. Until then, the focus remains on monitoring how Wave B and Wave C unfold from here. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
BITSTAMP:BTCUSDShort
by WaveXplorer
1
EUR/USD | Distribution in Play – Short Bias Active After completing a textbook Wave 5, price entered a premium supply zone and executed a clean liquidity sweep. 🔹 Confirmed Change of Character (ChoCh) signals the shift from bullish to bearish order flow. 🔹 Price is respecting the SMC structure:   📍 Liquidity grab   📍 Mitigation of bearish order block   📍 Distribution phase after impulsive rally 📉 Short-Term Bias: Bearish 🎯 Targeting the demand zone below near 1.1275–1.1292, where we may expect accumulation to begin again. 📌 Plan: 1. Short entries valid below 1.1439 supply. 2. Monitoring reaction at the blue zone for possible reversal next week. ⚙️ Strategy used: SMC + Wyckoff Distribution + Elliott Wave (Top-down)
Short
by Greenfireforex
LINK Bulls Building Toward a Chain ReactionIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! LINK just gave us a clean reaction out of an identified box. Bulls may finally be gaining control and a trend shift up is on the table. We had eyes on this box for a potential reaction. The market delivered. Now bulls need to prove they can build on it. The first key is to defend 13.284. As long as this level holds, the case for a higher trend remains alive. Next, bulls need to clear 14.47. That is the first smaller degree LH that must be taken out to confirm that buyers are pushing through the structure. The big step remains 15.00. This has acted as a major flipping level. A true test for the bulls will be whether they can reclaim and hold above it. If they do, the door opens for stronger upside follow through. The path is clear: 💥 Hold 13.284 💥 Break 14.47 💥 Reclaim 15.00 We will continue to track this closely with the Elliott Scanner mindset. If momentum picks up through these levels, this could become an attractive higher-degree setup. Watch these levels carefully. Bulls have work to do, but the ingredients for a shift are building. Trade Safe! Trade Clarity!
COINBASE:LINKUSDLong
by CryptoKnee
1