WTI OIL Wave 5My primary count in the 4H chart considers we are finishing blue wave 4, which should lead us to new highs above 80.73.
This count is valid as long as price stays above 71.38 (blue 1 high).
Elliott Wave
Bitcoin Weekly (Wave Analysis) - UpdateBitcoin Weekly (Wave Analysis) - Update
We are in impulse wave 1 from impulse wave 5 as shown in the chart.
Regards,
How Far ADA (Cardano) Can Make??
We've enjoyed awesome rally in November 24 in #ada. But After then CRYPTOCAP:ADA is forming a falling wedge Pattern.
This falling wedge's breakout can make #adausdt to rally upto 2$. Also with micro elliott wave count, wave 3 also aligns with wedge target.
Although by macro wave count, we can see #ada rallying upto 2.4-2.6$ region in upcoming #altseason.
EURAUD Downtrend
In the 4H Chart, the pair is currently making a sideways correction of wave X, and we should target lower prices for wave Y.
Green support level around 1.645 is an interesting target.
Alternatively, wave X could still be in progress, and we would see upside grind before the drop. I consider the first scenario to have a higher probability.
XAUUSD, Elliott wave analysis■Outlook of XAUUSD on 1W chart.
I think we are on wave 4 shown as a Red-line.
If the assumptions of this scenario are correct, sub-waves of Wave 4 are probably "Regular Flat (a,b,c)".
Sub-wave b will be completed soon, and sub-wave c will start.
furthermore, Wave 4 is supported by a channel line, and the trend will continue.
US30/DJI morning analysisTechnical analysis for US30 (DJI).
Two bearish counts, both have corrective expanded flat for wave ii or b.
Price tagged .5 fib retracement from ATH to 5 August low, tagged median line target with reaction/profit taking seen last week.
There could be more upside towards ATH to complete the ((c)), but with these bearish counts suggesting either a zigzag or impulse down from ATH, 45105.1 should hold as hard resistance, and both these counts would be invalid with new ATH.
Risk/reward attractive for a short position, with ATH as stop.
VAIOT: Two Scenarios#VAI is an AI token with a low market cap, and two scenarios are in play:
White: The correction from Feb 2023 is forming a triangle that may last a few more months before a bullish run begins.
Yellow: A final dip below $0.042 is expected before bouncing back to start a bullish run.
The key level to watch is $0.042, staying above supports the triangle idea, while breaking below points to the yellow scenario.
GOLD → A U-turn? Medium-term targets. Up ahead, 2790FX:XAUUSD is taking advantage of the dollar correction and almost reaches ATH 2790. The chance of updating the maximum is quite high, but there are a few “BUTs”. Let's talk about the medium term and possible targets
Economically, the coming week will be quite important, there will be decisions on the Fed Funds rate , US GDP and PCE .
If the rate remains unchanged and the Fed's rhetoric is tough, this could put pressure on gold, a softer policy would support the metal, as would a slowdown in GDP growth if supported by actual data. PCE data may indicate that inflationary pressures remain. If the data is better than expected, it will strengthen the chances of further Fed rate hikes, which in turn will support the dollar and reduce demand for gold.
Technically, the price is heading towards 2790 and the chance of reaching this target is quite high, but the potential for further upside after breaking the resistance is not there yet as there is no energy to do so.
A strong move of 8% (since December 18) could easily be stopped by the resistance level ahead and gold could go into correction or consolidation
Resistance levels: 2790
Support levels: 2762, 2750, 2735
Overall, expected economic data points to support for the Dollar, which could put pressure on gold. Highlights for Gold are FOMC results and GDP data, as well as unexpected deviations from the forecast in economic data, which could change the current dynamics.
What to expect from the price? Most likely, after a correction to 2762 (liquidity zone), growth will resume and the price will head towards the most important target at the moment - 2790. The one and a half month rally may end with a false breakout of 2790 and the beginning of correction. I am not talking about the trend reversal yet, as we should follow the market reaction to the general situation.
Zones of interest within the correction may be several local and several global zones:
Local targets (if bullish): 2762, 2735
Medium-term targets (if trend change is confirmed): 2714, 2689, 2643
Regards R. Linda!
BTC - 1H Elliott Wave AnalysisGreetings, this is the immediate bullish Elliott Wave Count for BTC. I also did a 4H count which takes a deeper retracement into consideration which will be linked below in the notes. I'll like it below in the notes for everybody that is interested it in :) Spoiler: This Analysis gets a bit more complex.
In the immediate bullish count we assume that Bitcoin is forming a double 1-2 set up which should lead to a rather aggressive Wave 3 to the upside. From the low which formed the blue Wave 4 we have a five wave move up displayed in purple which finished white Wave 1. We also formed white Wave 2 already which is a very shallow Wave 2 but it hit the minimum requirements of the 0.236 FIB at 98031.9 USD which is very rare and not preferred but valid.
From here we have started white Wave 3 of which we finished the first Wave displayed as the green Wave 1 here and we are currently working on the green Wave 2 in the yellow ABC.
Green Wave 2 support sits between the 0.5 FIB at 101538.8 USD and the 0.786 FIB at 99110.5 USD.
Yellow Wave A seems to be in as well as yellow Wave B which could extend tho.
Assuming yellow Wave B is in we can calculate targets for yellow Wave C which are very well in confluence with our green Wave 2 support.
Targets for yellow Wave C are the 1 to 1 FIB at 101420.9 USD, the 1.236 FIB at 100585.2 USD, the 1.382 FIB at 100068.2 USD and the 1.618 FIB at 99232.4 USD.
Noteworthy is that all targets for yellow Wave C overlap with the Fibonacci's of green Wave 2 support area.
Additionally the 1.618 FIB target at 99232.4 USD of yellow Wave C which overlaps with the 0.786 FIB of the green Wave 2 support area at 99110.5 USD also overlap with the 0.382 FIB at 99337.8 USD of our Wave 2 support area of the "BTC - 4H Elliott Wave Analysis" which focusses on a deeper retracement which I'll link below in the notes. The golden pocket of green Wave 2 also sits perfectly on 100'000 USD which is an important psychological level.
The green & white Wave 3 should take us well above the last ATH at 108366.8 USD.
On the chart you can see some targets for white Wave 3 which are the 1 to 1 FIB at 109234.6 USD, the 1.236 FIB at 112.052.7 USD, the 1.382 FIB at 113796.1 USD and the 1.618 FIB at 116614.1 USD.
Noteworthy is that the 1 to 1 FIB target at 109234.6 USD is right above the ATH at 108366.8 USD which could function as a short term resistance, so be aware of volatility!
Additionally we got some confluence for the 1.618 FIB target at 116614.1 USD with a high timeframe target at 115948.9 USD which I discussed in my "BTC - 1D Elliott Wave Analysis" which I'll link below in the comments.
Be aware that we get the inauguration of Trump next week and the stock market is closed on Monday which both can have some effect on Crypto.
If you enjoyed this analysis I'd appreciate if you give it a boost as I put a lot of effort into it :)
Thanks for reading.
NO FINANCIAL ADVICE.
Gold Elliott Wave AnalysisHello friends
We witnessed the formation of a 5-wave bullish pattern on the gold chart and our expectation was for the gold price to grow, which was realized (refer to the previous analysis).
Now all the microwaves up to the main wave 3 or C have been completed and we expect a price correction to the $2,720 range. After this correction, the growth or continuation of the price correction depends on the type of wave formed and the global and economic conditions.
But in any case, our strategy for now is to correct the price and take a sell trade to the $2,720 range.
Be successful and profitable.
Cronos (CRO) - Bullish Swing - ResurectionCOINBASE:CROUSD been mostly #Bearish, but things are about to change.
Eventually it found its bottoms.
That's when I loaded #Longs around the 6 and 7 Cents Levels.
Eventually I took profit on the #HODL #Trades at 19 Cents a pop.
* all well documented in the related idea.
What's Next for OKX:CROUSDT ?
As the #BreakOut is now confirmed, a #Bullish Swing is about to start.
That would be the #ElliottWave #Impulse (#MotiveWave).
#AltSeason has started, and MARKETSCOM:BITCOIN is adding fuel.
#AltCoins will most likely get pushed by the #BitcoinDominance ( CRYPTOCAP:BTC.D ) #Retracement.
#TotalMarketCap ( CRYPTOCAP:TOTAL3 & CRYPTOCAP:OTHERS ) are also showing signs of new #ATH coming.
COINBASE:CROUSDC #TechnicalAnalysis
- #ElliottWave A-B-C Sequence
- Primary ⓒ (white) #Impulse
- #Fibonacci Time Zones
- #Fibonacci Retracements Confluence
- #Cypher #Harmonic
My #Long Levels On COINBASE:CROUSD
HODL:
- Entry @ 14 Cents
- TP1 @ 40 Cents
- TP2 @ 60 Cents
#Futures ( CRYPTOCOM:CROUSD.P )
- Moderate Entry @ 14 Cents
- Conservative Entry @ 10 Cents
- TP1 @ 40 Cents
- TP2 @ 60 Cents
USD JPY Monthly Prospective Analysis up to 2060I updated my previous idea so that it can be more specific in detail. This is the idea combined with elliott wave theory(I forgot to mention in the previous upload, but, in my chart, the number 2 wave corresponds to the 3 in the elliott and the 3 to the 5. The number 1 wave is the same as the 1 in the elliott). Up to 2027 the trend is down, bounced at around 98 and then going up all the way to reach around 170 (maybe does not reach 200 yen this time, that would be accomplished more than about 50 years later). Hope to live long to see if its correct!
BTC - Top around October 2025 - bottom in October 2026I was fooled by the bearish divergence on the 1W-3W charts in thinking that we'd get another correction from these levels. That is still possible, but this overview is based on if we just continue up from these levels.
Our next stops could be 112K, and 127,500K. Maybe we get a correction from those levels.
I think that the BTC top will probably be around 174K - 250K. If all goes as it has in the past, then we probably top around October of this year. Then we would be in a downward bear market until October of 2026, where the bottom will probably be around 80% from wherever we top.
Also, we do appear to be doing a classic Elliot Wave 5 wave structure, so we may do a big ABC type move downward into October of 2026.
USD YEN Monthly Future up to 2060Idea Combined with elliott wave theory. Up to 2027 the trend is down, bounced at around 98 and then going up all the way to reach around 185
Correction down for BitcoinHi traders,
Last week Bitcoin finished the correction down into the Dailly FVG and after that it made a new all time high just like I've said in my outlook.
After the new ATH it immediately reversed to the downside and now it's in a consolidation. It looks like this pair is making an ABC correction down.
Let's see what the market does and react.
Trade idea: Wait for the correction down to finish. This is not the time to trade Bitcoin.
If you want to learn more about trading ICT concepts with wave analysis, please make sure to follow me, give a boost or respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis.
If you don't agree, that's fine but I don't need to know it.
I do not provide trade signals.
Don't be emotional, just trade!
Eduwave
Correction down for goldHi traders,
Last week XAUUSD did exactly what I've said in my outlook.
After the finish of the correction down into the lower Daily FVG, price went up again to the higher Daily FVG.
Now price is rejecting from the higher Daily FVG so next week we could see a correction down. After that this pair could go higher again.
Let's see what price does and react.
Trade idea: Wait for the correction down to finish and after a change in orderflow to bullish on a lower timeframe, you could trade longs.
If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis.
If you don't agree, that's fine but I don't need to know it.
I do not provide signals.
Don't be emotional, just trade!
Eduwave
Correction down for SPX500USDHi traders,
Last week SPX500USD came into the 4H FVG's and rejected from there to the upside making a new ATH.
Next week we could see a corrective move down and after that more upside.
Let's see what the market does and react.
Trade idea: Wait for a bigger correction down to finish. After that you could trade longs.
If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis.
If you don't agree, that's fine but I don't need to know it. I do not provide signals.
Don't be emotional, just trade!
Eduwave
Reversal bullish for EUHi traders,
Last week after EU closed above the Daily FVG on Monday, it gave the confirmation that the ending diagonal (wave 5) was finished and this pair reversed to bullish (wave 1).
So next week we could see a correction down and after that another rise.
Let's see what the market does and react.
Trade idea: Wait for a small correction down, a change in orderflow to bullish on a lower timeframe and trade longs.
If you want to see more from my analysis, please make sure to follow me, give a boost or respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide signals.
Don't be emotional, just trade!
Eduwave
BTC - Steady... steady... almost there!BTC in the short term is looking very much like a WXYXZ is forming. We should therefore see a low, which could temporarily breach the lower trend line. In fact, it'd make for a bullish signal if it did - so watch this carefully. If we see it ping back within the channel, then the formation will likely complete. Next thing we'll need to look for us the breakthrough of the upper trend line. This would then lead to higher higher and the completion of wave 5 of 1 which we have long been looking for. I'm not going to take any actions here until either trend line is decisively broken leading to a trend change. Looks good though, follow for more.
Triangle time?Certainly looks like it. Just not sure e is complete. If it plays out as a triangle then either the 50 or the 618 could be the pivot. Below c is the invalidation point but that would likely be a rethink of the pattern and still probably same direction expected for future price. The A-C trendline extended is where I placed the e on this chart. A triangle would be expected to stay inside that boundary.
Siacoin UpdateSC has been forming a triangle since 2018.
Breaking $0.0025 invalidates the idea
Passing $0.0230 should confirm targeting a new ATH.
#Siacoin
DogeCoin (DOGE) To Mars - The Elon Ride (Part 2)COINBASE:DOGEUSD has been loyal to me previously.
I managed to get some good Buys on #DOGE.
I aped continuously on the 7 Cents Levels.
Then cashed all my COINBASE:DOGEUSD earnings at the 42 Cents #Resistance.
* all well documented in the related idea.
What Happened To BINANCE:DOGEUSDT ?
It provided to #Correction I was predicting.
From a #Fibonacci perspective, it's enough to be considered as an #ElliottWave 2.
What's Next For BINANCE:DOGEUSDC ?
$DogeCoin follows MARKETSCOM:BITCOIN and the #Altseason.
With BITSTAMP:BTCUSD about to burst again, so will #DOGECOIN.
It might go #Bull now, or Dip and then... so please DYOR.
The #Bullish move would also be provided by CRYPTOCAP:TOTAL3 & CRYPTOCAP:OTHERS , as a new #ATH is in play.
* see related ideas for more details.
COINBASE:DOGEUSD #TechnicalAnalysis
- #ElliottWave A-B-C Sequence
- #Impulse / #MotiveWave in Primary ⓒ (white)
- #Fibonacci Retracements & Extensions Confluence
My #HODL #Long Levels For BINANCE:DOGEUSDT
I will only go #HODL for this #Crypto #Token.
Trading #Futures ( BINANCE:DOGEUSDT.P ) is not something I want to pursue with $DOGE.
Moderate Entry @ 35 Cents
Conservative Entry @ 24 Cents
TP @ 68 Cents
