Bitcoin - Dump and Pump | Crypto resurrected - next 125,000 USDLast week Bitcoin and the whole crypto market dumped like crazy, but on Sunday at the start of March, the crypto market was resurrected from the abyss! After Trump's post, the crypto market pumped in a very short period of time. But let's take a look at the technicals.
The price dropped below the rectangular range but then pumped back into the range. What does it tell us? Usually, what we want to see is a breakdown of the range, retest, and continuation to the downside. In this case, the price failed to retest the range and instead went back to the range, which is a sign of strength. Currently, we want to look for a good price to buy BTC for the final stage of the bull cycle. I expect this bullish cycle to end in Q3 2025, around September.
The price of Bitcoin is inside this huge ascending parallel channel on the daily chart, and as long as this channel holds, we have to be bullish. Let's take a look also at the weekly timeframe. What we can see here is a bullish hammer with an extremely long wick (reversal candle). The price also got rejected from the 20-weekly moving average.
Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. 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!
Elliott Wave
CAKEUSDT → False breakout of resistance. Return to the trendBINANCE:CAKEUSDT is forming a false breakdown of key resistance as part of a bullish rally. Further altcoin decline may be influenced by bitcoin's decline, the flagship looks rather weak
Technically, the move in Cake looks like a counter-trend maneuver to gather liquidity before a further, possible fall. The altcoin market is weak and most coins continue to look for a bottom, while bitcoin is consolidating but with a hint of a decline to 91-90K.
CAKEUSDT is focusing on 2.6144 - 2.7288. If the bears keep the price below these zones, the coin could head down in the short to medium term
Resistance levels: 2.6144, 2.7288, 2.2964
Support levels: 2.420, 2.0634
Statistically, a false breakdown provokes the strongest movements, often even trend changes. In this case, it is a counter-trend movement and if the price reverses locally, the coin will be under the pressure of the trend again. A price fixing below 2.6144 may strengthen the fall to 2.42, 2.06, 1.04.
Regards R. Linda!
GBPUSD → Correction before bullish trend continuationFX:GBPUSD has been rising for the last month and a half as the market sentiment and the behavior of the dollar, which is gradually updating lows.
The tariff war by trump is just in full swing. The dollar continues its correction on the back of US politics as well as inflation data.
GBPUSD at this time is trading in the bullish zone, above the support at 1.262 - 1.2576. Thus, within the framework of the correction, which has been observed since the opening of the European session, the price may test the liquidity area before further growth.
Resistance levels: 1.2718, 1.2678
Support levels: 1.262, 1.2576
The local trend is bullish and the price is forming a local correction. In this case, it is worth looking for strong support zones with the purpose of rebound and continuation of growth. Targets in this case are intermediate highs: 1.2718, 1.2811
Regards R. Linda!
EWTSU EURUSD minuette wave (iii) running
Elliott Wave Trade Set Up
EURUSD minuette wave (iii) running
ICHIMOKU lagging span break up leading span B
monitoring Fibonacci target levels / static resistences
monitoring lower degree subminuette should develope in five waves
invalidation: price retraces below 1.0527 (minuette (i))
Gold's Resistance Battle: Breakout or Reversal?Gold ( OANDA:XAUUSD ) is moving near the Resistance zone($2,896-$2,878) .
According to the theory of Elliott waves , Gold seems to have succeeded in completing microwave 5 .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks .
I expect Gold to go down at least pivot points after breaking the Uptrend line , and in the next stage , the Support zone($2,845-$2,830) can be the next target .
Note: If Gold can go over the Resistance zone($2,896-$2,878), we can expect more pumps.
Gold Analyze ( XAUUSD ), 15-minute time frame.
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AAX recalculate wave - current is wave 2wave 2 and it retraces to 0.786, quite deep retracement
provides excellent risk and reward ratio
the wave will be invalid if current price managed to break support of rm1.28
Current price around 1.52-1.53 MYR with sell/buy buttons visible
Multiple buy and sell signals marked throughout the chart
A downward trend followed by consolidation and potential reversal pattern
Support and resistance levels marked (including 1.71 level)
Elliott Wave counting visible with numbered points (1-5)
Moving averages (multiple colored lines) showing trend direction
Volume indicators at the bottom of the chart
Time frame appears to be 1-day (1D) chart showing data from 2023-2025
The chart suggests analysts are projecting a potential upward movement after the current price consolidation, with targets marked significantly higher than current levels. Recent price action shows the stock is trading near support levels after a period of decline.
ETHUSDT (Ethereum) Using Elliott Waves: Back to 1K? Plotting waves on Ethereum: The current correction may be a larger degree wave (2) or a wave (4) consolidation. Taking either would depend on the analyst's bias.
In both the cases, what matters is spotting the corrective patterns and participating in the larger impulses.
The June'22 bottom is a relevant one as many coins bottomed out then. But have we made a long term bottom on ETH or not? This upmove on Ethereum does not seem impulsive in the eyes of EW. With the trendline broken and monthly RSI going for a reset, the alt season may not be here anytime soon.
If this move is supported, we can see a sharp decline in the coming months taking the price back to 1K (or slightly below). The political interference on crypto can keep giving random shakeouts so it is important to keep a firm view on either side. Until the price remains below 3K, I would like to keep my bearish view.
Subwave 4 not completed?Strong recovery in global economies along with geopolitical stability may reduce gold's demand. Lastly, increasing interest in alternative assets, (like cryptocurrencies or other commodities) could lead to a decline in gold's perceived value.
When interest rates rise, gold demand may fall. This relationship becomes particularly important during periods of high inflation. If rates lag behind inflation, creating negative real interest rates, gold often benefits as investors seek to preserve purchasing power.
Higher interest rates and a stronger dollar make gold less attractive since the yellow metal doesn't generate ongoing income like interest or dividends. Growing optimism in the stock markets has also triggered outflows from gold ETFs, increasing selling pressure on the gold market.
Gold prices fell over 1% on Friday as the dollar held close to two-week highs after U.S. inflation data came in line with expectations, suggesting the Federal Reserve may adopt a cautious stance on additional rate cuts. Today, a strong pullback reach 2914 resistance area, by reaction to 200 Moving average support. We might be doing a Flag and pole pattern, and TP is about 4 hour order block. There we can complete subway 4.
Natural Gas, BullishThe chart suggests an Elliott Wave pattern of an impulsive structure currently in Wave 3. The projection indicates that Wave (3) is in play to 5.37$, with a possible retracement for Wave (4) to 4.8-5 before a continuation toward Wave (5). The breakout is supported by increasing momentum and volume, indicating strong bullish sentiment. Potential resistance around Wave (5) target zone about 10$.
Note that the continuation of the Russia- Ukraine war could act as the catalyst to this trend.
Gold - Short and Long Term Trading Idea - 24 Feb 25In the beginning of the last week of February, we expecting Gold to decline. There are several factors on small time frames, but also appear signs on larger time frames.
In fact it is difficult to predict an asset when it discovers new higher highs, but there are methods to determine the turning points. In past few weeks we expected price to close down to psychological level of $3'000 and it is close, but we don't expect to reach it. So in this case we enter in short positions with long term swing target of over $200.
We publish 2 trading ideas in one: one is more intraday, another one is long term swing trading idea.
$SPY March 4, 2024AMEX:SPY March 4, 2024
15 Minutes.
Yesterday retraced near 200 averages and fell.
So, for the fall 570 is the 1.618% extension which is possible as it is also 200 in daily.
For the day or tomorrow my target is 575 levels first.
If 575 is broken, we can go towards November lows.
586-588 is good level to short for the day.
LTCUSDT on the Edge – Major Breakdown or Fakeout?Yello, Paradisers! Is LTCUSDT on the verge of a major drop? The signs are stacking up, and if you’re not watching closely, you could miss a big move.
💎Right now, LTCUSDT is looking bearish as it forms an M-pattern near the resistance trendline of a descending channel. At the same time, a bearish divergence is confirming the weakness in momentum. On top of that, we’re seeing a triple-three wave pattern playing out, which further increases the probability of a downside move. All these signals combined suggest that sellers are gaining control.
💎If LTCUSDT breaks down and closes candle below the support level, the M-pattern will be validated, opening the door for a significant move lower.
💎However, if the price consolidates around this level without breaking down, the setup loses its strength, and in that case, it’s best to ignore it as a low-probability trade.
💎On the flip side, if LTCUSDT manages to break out and close candle above the resistance zone, the entire bearish outlook would be invalidated. In that scenario, waiting for fresh price action before making any moves would be the smartest approach.
🎖 Discipline and patience separate the pros from the amateurs. Stay sharp, Paradisers—trade only high-probability setups, and you’ll always stay ahead of the game!
MyCryptoParadise
iFeel the success🌴
Bitcoin & Trump Effect: A Short-Term Pump or Sustainable Rally?Bitcoin ( CRYPTO:BTCUSD ) started to rise as I expected in the previous post , but Donald Trump helped double the momentum of Bitcoin yesterday. But the question here is whether the correction of Bitcoin is over or if this is an increase in the chance of exit.
Bitcoin is trying to break the Heavy Resistance zone($93,300_$89,250) .
According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing wave 4 and we should wait for wave 5 .
Note : Due to the high momentum of wave 3, it is possible that wave 5 is a truncated wave.
I expect Bitcoin to rise to at least $95,000 in the coming hours. The next target of Bitcoin can be Resistance lines and 100_SMA(Daily) .
What do you think about Bitcoin movement? Time to escape or wait for a new All-Time High(ATH) to be created?
Note: If Bitcoin goes below $89,000, we can expect Bitcoin to decline and the big CME Gap($91,610-$84,830) to be filled.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
B e 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.
BTC's current correction will probably end soon.BTC is probably featuring a flat correction with an expanding ending diagonal C wave. If this is indeed the case, the next dip at 70k would be the end of the correction. It might chop around the 80k area for several days/weeks, as the cousin waves (i) and (iii) lasted about 20 days. Of course, it is possible for wave (v) to be shorter in duration, but this is not the likely scenario.
Silver Analysis – Elliott Wave (4H & Mid-Term)Silver is currently in a downward wave, potentially forming a five-wave decline. Right now, it is in a Wave 4 correction, with the 31.700 – 32.000 zone acting as key resistance. 🔄
Once the consolidation phase ends, we expect a continuation towards Wave 5, targeting the 30.500 – 30.100 range. 🎯
In the higher time frame, the 32.500 level remains the main resistance. 🔥
#Silver #ElliottWave #Trading #TechnicalAnalysis
Coca-Cola Wave Analysis – 3 March 2025
Coca-Cola reversed from round support level 70.00
Likely to rise to resistance level 72.45
Coca-Cola recently reversed up sharply from the round support level 70.00, former resistance from October.
The upward reversal from the support level 70.00 continues the active short-term impulse wave 3 of the sharp impulse wave (3) from January.
Coca-Cola can be expected to rise to the next resistance level 72.45 (top of the Shooting Star from October) – followed by the resistance level 73.45 (multi-month high from last September).
TSLA: Down 44% – Is This the Bottom?Tesla has been absolutely crushed since hitting its all-time high at $485. A 44% drop isn’t shocking after such a huge rally, but it’s still a brutal move. Now, we’re back into support, sitting near the level of Wave 1 – so far, nothing completely out of the ordinary.
Maybe to counter some of the selling pressure, Elon Musk tweeted yesterday that he sees a 1000% price increase in the next five years – if the work is put in. Take it however you want. The tweet probably gave TSLA a short-term boost, since Musk’s words always spark some level of hope. But we’ve seen this game before – big claims, and sometimes, reality doesn’t follow through.
Technically speaking:
As long as Tesla holds the order block between $240 and $260, or at least the current support, things don’t look too bad. But if that level breaks, things could get ugly – and $150 might not be far off.
For now, this remains one to watch.
BTCUSD down to 65k!!So in daily BTCUSD we have completed Elliott's wave 5.
Considering the doji as wave A 100% fibo, there's a 141,4% projection down to 65k near the Phicube's MME610. There are lower lows and lower highs being made.
There's another reading that the low around 78k was Elliott's C wave and we are starting a new cycle. However, the white LTB must be transpassed to confirm this possibility. Regarding this expressive green candle it was held back by LTB mentioned before.
$SPY March 3, 2025AMEX:SPY March 3, 2025
15 Minutes.
we had divergence in the last two LL at 583 and 582 levels.
For the rise 582.44 to 594.74 holding 591-592 is important for short term uptrend to continue.
For the fall 610.7 to 582.44 61.8% retracement is around 599 which is also 200 averages in 15 minutes.
Hence that is the first target for the day, holding 592.