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Elliott Wave

Elliott-Wellen Analyse 1-2-3-4-5 incomingBINANCE:SOLUSDT 🧠 Elliott Wave Analysis 🔍 Market Structure & Wave Count: After a strong bearish impulse, the market completed a complex corrective (A)-(B)-(C) structure. The recent move up appears to be wave (2) of a larger downward impulse and seems to have finished. We are currently in the early stages of wave 3 to the downside, aiming for a full 5-wave structure (1-2-3-4-5) within wave (C). The final wave 5 is expected to complete in the demand zone (gray box) around 90–95 USDT. 📉 Short-Term Bearish Target: Target zone for the completion of wave (C)-(B) lies around 97 USDT. 📈 Next Bullish Move (Rebound Target): After completing wave (C), a new upward move in the form of wave (A) is expected. This bullish corrective wave could reach up to 115 USDT, completing a larger A-B-C structure. 📊 Indicators: MACD shows weakening bullish momentum – potential confirmation for wave 3 downside continuation. RSI is near the oversold zone (~27) – supporting the idea of a wave 5 bottom and a bullish reversal afterward. 🧭 Conclusion: ➡️ Focus is on a final move down to complete wave (C) around 90–95 USDT. ➡️ After that, a possible long setup is expected for a corrective rally. ➡️ Great setup for swing or scalp trades using Elliott Waves + demand zone confluence.
Short
by ElliotXSolana
Dogecoin Daily Chart Analysis: A Fresh Start Ahead ?Hello friends, let's analyze Dogecoin, a cryptocurrency, from an Elliott Wave perspective. This study uses Elliott Wave theory and structures, involving multiple possibilities. The analysis focuses on one potential scenario and is for educational purposes only, not trading advice. We're observing the daily chart, and it appears we're nearing the end of Wave II, a correction. The red cycle degree Wave I ended around 2024 December's peak. Currently, we're nearing the end of red Wave II, which consists of black ((W)), ((X)), and ((Y)) waves. Black ((W)) and ((X)) are complete, and black ((Y)) is nearing its end. Within black ((Y)), we have Intermediate degree blue (W), (X), and (Y) waves. Blue (W) and (X) are complete, and blue (Y) is nearing its end. Inside blue (Y), red A and B are complete, and red C is nearing its end. Once red C completes, blue (Y) will end, Once blue (Y) completes, means black ((W)) will end that means higher degree cycle wave II in red will end. If our view remains correct, the invalidation level for this Elliott Wave count is 0.04913. If this level holds and doesn't touch below it, we can expect a significant reversal to unfold wave III towards new highs. This is an educational analysis, and I hope you've learned something by observing the chart and its texture. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Education
by RK_Chaarts
4
GOLD → Consolidation or continuation of the fall. 3013 triggerFX:XAUUSD is going through the strongest liquidation phase. The fall is triggered by profit-taking amid last week's strong news. Additional pressure is created by the strong NFP report released on Friday. The economic risk situation is bifurcating.... Gold prices rebounded after falling in the Asian session, consolidating the drop triggered by the intensifying trade war between the US and China. Donald Trump's comments about rejecting deals with China have heightened recession fears, raising the likelihood of a Fed rate cut. Against this backdrop, there was increased interest in gold as a protective asset, despite the rise in the dollar and bond yields. However, further strengthening of gold is questionable due to profit taking and lack of new economic data from the US. Technically, the price is consolidating under pressure against the support at 3017-3013. A descending triangle is forming on the local timeframe. Resistance levels: 3033, 3057 Support levels: 3017, 3013, 2981 Based on the current situation and strong pressure on the market, we can expect two situations to develop: 1) breakdown of support 3017 - 3013, if the structure of the descending triangle on the local timeframe will be preserved. The target will be the support of 3000, 2981. 2) Or, the price will close inside the range with the target of consolidation between 3057 - 3033 - 3013 (consolidation of forces after a strong fall and liquidation) Regards RLinda!
FX:XAUUSDShort
by RLinda
10
crypto downtrend exhaustion indicatorsA couple facts: 1) usdt.d is above 5.60% for ~two days. This is a major fact. We have an early bull market end confirmation, or at least the end of an impulse structure of intermediate degree. There is a probability that the structure of the current bull market will be either extended or will end with the final diagonal. 2) usdt.d below 5.60% is confirmation of current dump exhaustion. 3) Crossing down one of the trend lines at BTC dominance chart will mean start of alt season. The target for the mini alt season is ~53% at BTC.D; 4) The terminal target for upcoming Dogecoin rally is range between 0.5 - 1.37 USD. Beware pullback, i look at whole crypto market structure and anticipate one.
CRYPTOCAP:USDT.D
by dogecoin_chain
Is HCLTECH done? HCLTECH has had a phenomenal run from ₹12.9 in September 2001 to ₹2,012.2 earlier this month, a growth of ~15,500% in 279 months, averaging 40% annually. But is it all about to end? 5/35 MACD, which I love to use to validate my EW count is showing a massive divergence on the weekly charts combined with a big high-volume engulfing bar concurrently taking shape. I can also count clear 5 waves on the monthly charts. Based on my calculations, I can see two targets on the downside: 1418 and 970 . Do share your opinions below. Best!
NSE:HCLTECH
by akg1249
SOL (Weekly timeframe): Trend structure Price is approaching a key macro support zone. However, as long as it remains below the $148 level, I cannot rule out the possibility of one more corrective leg toward the $76–$55 range before a medium-term bottom is established and a potential resumption of the broader uptrend begins. A breakout and sustained close above the $148 level would serve as the first technical signal that either: - a corrective wave B (preceding a deeper correction toward the macro support zone) is unfolding, or - a new long-term bullish trend aiming for all-time highs is beginning. Monthly outlook: My previous idea from November 2024 has fully realized its structure: Thanks for reading and wishing you successful trading and investing decision!
by artemfedorov
S&P500 Searching for a BottomExecutive Summary The S&P 500’s Elliott Wave structure suggests the current downtrend is incomplete, with a high-probability target near the 4,300 level based on Fibonacci retracement levels. Global stock markets remain under pressure amid ongoing tariff uncertainty, and Elliott Wave patterns across various indices continue to point to more downside. Current Elliott Wave Analysis Today’s upward volatility is likely a small-degree wave four, with another leg down expected to retest today’s lows in the coming sessions. There is an impulse wave that began in October 2022 and topped in 2025. We are now seeing the after effects of that completed rally. A standard 61.8% Fibonacci retracement of that move places a high-probability support zone around 4,300—a logical target for a ‘normal’ correction of the 2022–2025 rally. Currently, price has paused near the January 2022 high at 4,662, and also sits near the 38.2% retracement level of the 2022 rally, which lies around 4,950. While a move to new highs cannot be fully ruled out, the probability of such a rally is currently low. Given the brief nature of the current decline in both price and duration, a more meaningful correction is still likely. Bottom Line The S&P 500 appears to be in wave ((iii)) or ((c)) of a downward move, with the structure still incomplete. A decline toward 4,300 remains the higher-probability scenario in the near term. We will reconsider the medium-term outlook if the index rallies above 5,488, which would overlap the March 31 low and suggest a possible low is in place.
TVC:SPXShort
by JWagnerFXTrader
1
XRPUSDT → The bulls won't hold support. Falling to 1.9BINANCE:XRPUSDT is under pressure despite quite positive news. The coin, being in a downtrend, continues to test the key support. The chance of a breakdown is growing XRP continues to test a strong support zone on the weekly timeframe, relative to this zone, in the medium term, two scenarios can develop, which depend on the general mood in the market. If the current backdrop persists, the chance of a downside breakdown and further decline is quite high. At the moment, the focus is on the key support at 2.0637, relative to which the retests continue, and the reaction is getting weaker and weaker, which in general only increases the chances of a further fall to 1.9 - 1.63. Resistance levels: 2.265, 2.365, 2.509 Support levels: 2.0637, 1.9 The cryptocurrency market is going through bad times (Tariff War, high inflation, stock market decline, disappointment of the crypto community due to expectations) and until the situation starts to change, the technical picture will remain negative. XRP may continue its fall after a small correction. Regards R. Linda!
Short
by RLinda
23
CADJPY → Consolidation before the news. DowntrendFX:CADJPY continues to forge a downtrend, but within the current movement a symmetrical triangle of accumulative nature is forming The currency pair may continue its decline due to the strengthening of the Japanese Yen, while the Canadian is consolidating in a narrow range. The situation may be accelerated by today's news, namely Trump's speech, where he may announce new tariff measures. Technically, the price is correcting after the false break of 103.56, being below the previously broken upside support. Price is testing key resistance at 104.90, and against 0.5 Fibo is forming a false breakout. A consolidation below 104.69, a break of 104.525 could trigger further decline. Resistance levels: 104.900, 105.36, 105.74 Support levels: 104.525, 103.56 There are important news ahead, high volatility is possible, especially at the moment of Trump's speech, which may set a medium-term tone in the market. The currency pair is in consolidation on the background of the downtrend and the priority is to expect a continuation of the fall Regards R. Linda!
Short
by RLinda
2
EOSUSDT → False Breakeout of resistance (counter-trend )BINANCE:EOSUSDT.P within the consolidation distribution 0.54 - 0.6 reaches the key resistance and forms a false breakdown without the possibility of continued growth. The cryptocurrency market is showing weakness, especially after yesterday's Trump speech and the approval of new Tariffs, which creates risks and pressure on the cryptocurrency market. Bitcoin is back in the red zone after rallying, while altcoins will continue to look for a new bottom. EOS stands out in this list, which strengthened quite strongly and the purpose of this maneuver was countertrend accumulation and liquidity capture relative to the range of 0.7 - 0.8. The distribution is tempered by a false breakout of the level 0.82 - 0.86 Resistance levels: 0.82, 0.86 Support levels: 0.793, 0.666 If the bears hold the resistance 0.82 - 0.86 and the consolidation under the level will end with the breakout of the trigger 0.793 and price consolidation in the selling zone, it may provoke a reversal and fall to the zones of interest: fvg, 0.64, 0.541. Regards R. Linda!
EShort
by RLinda
3
ABC Correction?I can count a 5 wave impulse (subjective) and could see a potential ABC correction down to the $16 - $23 level. As someone who makes plenty of purchases from small retailers on the SHOP infrastructure, I'm ultimately long on this stock. I hope this stock doesn't see a year or more of sliding price action. That level could easily be hit, then recover much sooner than this chart predicts. TLDR; I'm charting a potential reversal level, not the time frame.
NASDAQ:SHOP
by b6d1016fdeb149be865b678a8ac935
MAJOR BULL RUN RALLY INCOMING !!! Starting From MAY 2025 !!!On Big Picture starting from 2020.... Inverse H & S was formed... after breakout we got pull back & then it started 8 months rally from September 2020 To April 2021. Then after deep bear market, we got Inverse H&S... after breakout, we got pull back & then it started 8 months rally from September 2023 To April 2024. Now. we got big H&S... after breakout, we are getting pull back & now we are almost near at support level of H&S. From around 74-66K region, reversal bull run rally is expected which will most probably start from next month ( May 2025) and around after 8 months (October-December) we would be roaming ATH around 300K !!! which tags exactly at major resistance line. By copy pasting 2021 rally's candles pattern on current scenario, we can see exactly how things are going to shape in upcoming months. Lets Hope For The Best !!!
BITSTAMP:BTCUSDLong
by CryptoNether
Bearish Setup on NFLX: Correction Wave (C) UnfoldingTF: 4h NFLX appears bearish at the moment. The corrective structure on the 4-hour timeframe suggests a potential decline. The current formation indicates that wave B likely completed at 998.61 , and the stock has now begun its descent into wave (C) of the correction. The correction may extend to the 100% projection of wave A at 788.67 , or potentially deepen to 659.06 , aligning with the 1.618 Fibonacci extension of wave A. After the completion of wave (C), traders can buy for the target up to wave B at 998.61 . I will continue to update the situation as it evolves.
NASDAQ:NFLX
by Money_Dictators
Silver Wave Analysis – 7 April 2025- Silver reversed from the support zone - Likely to rise to resistance level 30.75 Silver recently reversed up from the support zone between the strong support level 28.80 (which formed Double Bottom at the end of December) and the lower daily Bollinger Band. The upward reversal from this support zone stopped the previous sharp downward correction (2) from the end of March. Silver can be expected to rise to the next resistance level 30.75 (the former monthly low from February, acting as the resistance after it was broken at the start of April).
FX_IDC:XAGUSDLong
by FxProGlobal
Critical zone for Bitcoin – Pump or Dump!(Mid-term Analysis)Today, I want to analyze Bitcoin ( BINANCE:BTCUSDT ) on a weekly time frame so that you can take a mid-term view of BTC. On November 12, 2024 , I shared with you another weekly analysis in which we found the All-Time High(ATH) zone well. Please stay with me. Bitcoin has been on an upward trend for the past 27 months , increasing by about +600% . Have you been able to profit from this upward trend in Bitcoin? During these 27 months , Bitcoin has had two significant corrections , the first correction -20% and the second correction -33% (interestingly, both corrections lasted about 5 months ). Another thing we can understand from the two main corrections is that the second correction is bigger than the first correction , and since Bitcoin is currently in the third correction , we can expect the third correction to be either equal to the second correction or greater than the second correction . Of course, this is just an analysis that should be placed alongside the analyses below . It seems that the start of Bitcoin's correction can be confirmed with the help of the Adam & Adam Double Top Pattern(AADT) . Bitcoin also created a fake breakout above the Resistance lines . Educational tip : The Adam & Adam Double Top (AADT) is a bearish reversal pattern characterized by two sharp, ^-shaped peaks at nearly the same price level. It indicates strong resistance and a potential trend reversal once the price breaks below the neckline between the peaks. Bitcoin appears to be completing a pullback to the broken neckline . According to Elliott's Wave theory , Bitcoin seems to have completed its 5 impulse waves , and we should wait for corrective waves . It is a bit early to determine the structure of the corrective waves , but I think it will have a Zigzag Correction . The structure of the corrective waves depends on the news and events of the coming weeks and months. I think the Potential Reversal Zone(PRZ) will be a very sensitive zone for Bitcoin. I expect Bitcoin to start correcting again when it approaches $87,000 or $90,000 at most, and fills the CME Gap($86,400_$85,595) , and at least approaches the Heavy Support zone($73,800_$59,000) AFTER breaking the uptrend line . In your opinion, has Bitcoin finished its correction or created an opportunity for us to escape again? Note: If Bitcoin goes above $90,500, we should expect further increases and even make a new All-Time High(ATH). 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.
Short
by pejman_zwin
42