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Elliott Wave

Bitcoin: Weekly Bullish Continuation🟠 The weekly divergence between the March 2024 and January 2025 peaks has driven the recent 3-month decline. 🔴 BTC is expected to make a weekly move higher, creating another divergence in the way. 🔵 BTC held above the 2024 peak range 73K without overlap, while the Stock RSI has completed a full reset, reinforcing the bullish momentum. 🟢 Outlook: Over the next 6 months, Bitcoin CRYPTO:BTCUSD is expected to rally into new ATH, with a potential target around 127K by October 2025.
BITMEX:XBTLong
by AlienOvichO
GOLD → Trend reversal, downward distribution, and new targetsFX:XAUUSD breaks through 3270 and enters a distribution phase amid a rising dollar. We are most likely at the beginning of a trend reversal... On Thursday, gold remains under pressure, trading at a two-week low, as the market reacts to Trump's statements about potential trade agreements with a number of countries, including China. Optimism surrounding the negotiations is boosting risk appetite, reducing interest in gold as a safe-haven asset. Even weak US GDP and inflation data failed to halt the rise in gold prices, as traders' attention is focused on the trade agenda and upcoming labour market statistics. Gold is changing its trend due to the rise of the dollar and a shift in the fundamental background. A breakout of the local low could reinforce the decline. The first target is 3190. There is a possibility of a retest of the previously broken consolidation support at 3268 before the decline continues. Resistance levels: 3245, 3270 Support levels: 3190, 3186, 3167 A breakout of the local low of 3221 could trigger a further decline. The first stop could be around 3190. From this level, a small correction or consolidation may follow before the decline continues. I do not rule out the possibility of a retest of 3245-3270 before the decline continues. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
12
FARTCOIN → Moving into the realisation phase. A rally?BINANCE:FARTCOINUSDT.P has entered the buying zone, or the realization phase, after breaking through the resistance of the ascending triangle. The altcoin is within an upward trend. Bitcoin continues to consolidate ahead of a possible rise. FARTCOIN has entered the buy zone at this time. The realization of Bitcoin could trigger continued growth in altcoins FARTCOIN is entering the realization phase after consolidating within an uptrend and an ascending triangle. The coin looks quite positive overall, but a retest of 1.2100 may form before growth. Resistance levels: 1.2933 Support levels: 1.0719, 1.0632 There is significant resistance ahead on D1, and a small correction to the nearest liquidity zone at 1.2097 may form. However, consolidation against 1.2933 is expected before a breakout and continued growth. Best regards, R. Linda!
Long
by RLinda
4
GOLD → Consolidation. Traders are waiting for news...FX:XAUUSD remains in consolidation at 3370-3270. Traders are in no hurry to take any action, as there is a lot of important news ahead. Let's take a closer look at the situation... On Wednesday, gold is trading lower, remaining in a sideways range as traders await the release of US GDP data for the first quarter. A sharp slowdown in growth is expected, and a possible contraction in the economy could increase bets on a Fed rate cut and support gold. Meanwhile, the dollar is holding steady amid tariff news and expectations for key employment and inflation data. A retest of the range support is forming. The approach is quite sharp, and the pre-breakout potential has been exhausted. A false breakout of support could trigger an upward correction. Support levels: 3270, 3245 Resistance levels: 3314, 3329, 3352 If the dollar continues to fall after the news, this could support gold and the price could continue to trade between 3370 and 3270. Unpredictable news could trigger a breakout and a fall. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
12
Map Of FillIt has been moving sideways for more than two years and a head and shoulders pattern has been formed on a large monthly fact first glance at the chart, we find that it has been moving sideways for more than two years, forming a head and shoulders pattern, which indicates a further decline. On the other hand, a sideways wave has been formed, which is an X wave, and we are preparing for a large bearish W wave to come.rame, so it is expected to fall again strongly to one of the two areas specified below. Note: There is a previous analysis of this currency on my page and all its legacies were explained before. *In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency.
by KhaldHegazy
7
Coming down!I see three corrective waves in front of me that have been completed and concluded with an ending diagonal pattern. Please be careful of the possible upcoming decline. *In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency.
Short
by KhaldHegazy
Gold Short: Walkthrough of Wave Counts and H&SThis is the video walkthrough of the Elliott Wave Analysis of Gold that I posted 8 hours earlier. I made an update to the head-and-shoulders in this video and discusses the change in neckline. I also discuss about why I chose to label the waves as they are and how they might have been labelled otherwise. In the end, this is still a short call but with the H&S tilt shifted down. I realised that I missed out on how to do the profit target, but please refer to the linked static idea for the profit target and stop loss. Thank you!
TVC:GOLDShort
by yuchaosng