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Elliott Wave

TRUMP - High volatility, no highs to be seen - yetIt looks as though the TRUMP coin is trading within a range. Lots of chop, but no clear sign of a breakout to the up or downside. The recent red candle shows an 85% correction in one day. That's hugely impressive and will low liquididy this 'meme' coin could also fall off a cliff to the same degree. Sorry but there's too much at risk here, especially being connected to geo-political events and instability. Either way, it looks to be bouncing off the bumbers for now in a succinct WXYXZ fashion. Either trend line breach will signal a higher high or lower low. Follow and share for more.
by cryptechcapital
1
SOLUSDT Ready to Soar? Wave 5 Points to +30 % Upside PotentialHey Realistic Traders, Will BINANCE:SOLUSDT Create New All-Time High? Let's dive into the analysis... Analyzing Solana's (SOLUSDT) price movements using Elliott Wave Theory indicates the potential for a significant upside in Wave 5. Wave 3 previously extended beyond the 1.618 Fibonacci extension, classifying it as an extended wave. Following this, Wave 4 retraced approximately to the 0.618 Fibonacci level, forming a falling wedge pattern, which is a bullish signal. The breakout from this falling wedge on the 4-hour chart, combined with a bullish divergence in the MACD indicator, suggests the possible initiation of Wave 5. However, as Wave 5 is expected to be a standard wave rather than an extended one, its movement may be relatively limited compared to the high of Wave 3. Based on these technical signals, the price is projected to rise toward the $302.46 target , provided it holds above the critical stop loss level of $175.28. Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below. "Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Solana".
Long
by financialfreedomgoals101
6
XRP - 1D Elliott Wave AnalysisGreetings, this is my primary Elliott Wave Count for XRP on the daily timeframe. XRP has been recently looking strong and we expect some more upside for the moment. It seems the XRP is forming the E Wave of an Elliott Wave Triangle which usually is followed by a breakout with strong momentum. This Elliott Wave Triangle would finish the green Wave 4 and be followed by the green Wave 5. The support area of Wave E is marked on the chart between the 0.382 FIB at 2.3007 USD and the 0.886 FIB at 2.0259 USD. Worthwhile watching is the 0.5 FIB at 2.2364 USD and especially the golden pocket between the 0.618 FIB at 2.1720 USD and the 0.66 FIB at 2.1491 USD. Be aware that a Wave E often doesn't strictly follow the support areas and likes to under- or overshoot. Key is that the price doesn't break below the blue C Wave of the triangle which sits at 1.9601 USD as it is the invalidation point of the triangle. If you are interested in the back-up scenario in case we break below 1.9601 USD check out my next analysis which we will like below as a note! :) Additionally I recommend checking out the smaller timeframe analysis to get further targets for the blue E wave which will be linked as note too. Thanks for reading. NO FINANCIAL ADVICE.
Long
by KanashimiBro
2
XRP - 4H Elliott Wave AnalysisGreetings, this is my current 4H count for XRP which focusses on the blue Wave E of an Elliot Wave Triangle after which we would assume further upside. The support area for the blue Wave E sits between the 0.382 FIB at 2.3007 USD and the 0.886 FIB at 2.0259 USD. We assume that blue Wave is is playing out as an ABC displayed in red. Red Wave B could be in but still has the potential to extend. Assume it is already is we can calculate targets for red Wave C which are the 1 to 1 FIB at 2.2654 USD, the 1.236 FIB at 2.2256 USD, the 1.38 FIB at 2.2016 USD and the 1.618 FIB at 2.1626 USD. Noteworthy is that the 1.618 FIB traget at 2.1626 USD of red Wave C sits right on the golden pocket of the blue Wave E target zone between the 0.618 FIB at 2.1720 USD and the 0.66 FIB at 2.1491 USD. Be aware the invalidation of the Elliott Wave triangle is at 1.9601 USD which is the blue Wave C low. Thanks for reading. NO FINANCIAL ADVICE.
Long
by KanashimiBro
ETH - 4H Elliott Wave AnalysisGreetings, this is my current Elliott Wave count for ETH. Last week we have seen a lot of bullish price action across the market but ETH seems to be underperforming lately, maybe we should see this as an opportunity! We assume the the green Wave 4 bottomed on the 5th August 2024 and we started green Wave 5 of which we might have potentially finished the Wave 1 displayed in blue here. In the past weeks we have seen an correction unfold as red ABC which could have finished blue Wave 2. The blue Wave 2 support area sits between the 0.5 FIB at 3110.99 USD and the 0.786 FIB at 2539.57 USD. We already dipped into it got close to the golden pocket and saw a first reaction to it. Assuming blue Wave 2 is in we can calculate potential targets for blue Wave 3. The targets sit at the 1 to 1 FIB at 4897.99 USD, the 1.236 FIB at 5369.52 USD, the 1.382 FIB at 5661.22 USD and the 1.618 FIB at 6132.75 USD. Noteworthy is that the 1 to 1 FIB at 4897.99 is right in confluence with the previous ATH at 4877.54 USD which can lead to a reaction when we hit this target. Be aware that we could dip again lower as the red Wave C only touched the 0.618 FIB extension at 3120.11 USD which is rare but valid. We still got the 1 to 1 FIB at 2734.29 USD as red Wave C target which is right below the golden pocket of the blue Wave 2 support. Additionally the price might be a little choppy on the way up as the move already started a bit shaky. Thanks for reading. NO FINANCIAL ADVICE.
Long
by KanashimiBro
New ATH for Bitcoin?Hi traders, Last week Bitcoin came into the Weekly FVG and finished the WXY pattern. After that it went up again. Now we could see a correction down and more upside for this pair, maybe to a new ATH? Let's see what the market does and react. Trade idea: Wait for a correction down, a change in orderflow to bullish and trade longs to the swing high (orange wave 3). 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
Long
by EduwaveTrading
1
More upside for goldHi traders, Last week XAUUSD did exactly what I've said in my outlook. I've made a good profit, did you? It doesn't matter if your analysis is right or wrong, it does matter if you can adapt quick. So after a sharp correction down on Monday this pair slowly went up again and on Thursday it started another correction. I think price is now in wave 5. If this is correct, then next week we could see the finish of the correction down into the Daily FVG and another wave up. Let's see what price does and react. Trade idea: Wait for the small correction down to finish and 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 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
FOREXCOM:XAUUSDLong
by EduwaveTrading
1
Down for SPX500USDHi traders, Last week SPX500USD came into the Daily FVG and rejected from there to the upside. It could be that the WXY correction is finished and price is now going up again to 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
OANDA:SPX500USD
by EduwaveTrading
3
More downside for EUHi traders, Last week EU made another bigger pullback, swept the liquidity and after a change in orderflow to bearish, it made a correction up. It looks like price is now making an ending diagonal wave 5. So next week we could see this pair go lower again to finish wave 5 (black). Let's see what the market does and react. Trade idea: Wait for a small correction up, a change in orderflow to bearish on a lower timeframe and trade shorts. 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
Short
by EduwaveTrading
Solana's "Impulse" ATH Bound To ContinueWave 1) Low @ $110 to All Time High @ $264.63 - Wave 2) Golden Ratio Retracement from ATH to $169.22 - Wave 3) Price Exhaustion around $323.54 After Valid Break - Wave 4) Retracement to Previous Break of Structure - Wave 5) Final Leg Before Correction - The announcement of the Official Trump coin being launched has started an interesting turn of events and may be helping usher COINBASE:SOLUSD into an Elliot Impulse Wave! With the Solana-based meme coin reaching $8 Billion in Market Cap, value increase by 300% and $1 billion in trading volume we see COINBASE:SOLUSD at an $118 Billion Market cap, currently 15% value increase on the day and close to $14 Billion in trading volume! In a couple of days, the Pro-Crypto Trump Administration who plan to make "US the Crypto Capitol of the World" is pegged to take Office in just a couple days with expectations of actions being taken that will start to boost the Crypto Market. I suspect we will see the Extension of Wave 3 that will break Wave 1 confirming the sequence in which we will be looking for Price to Exhaust around the $323 area to then start Wave 4 by Pulling back to Retest the Break of Previous Structure being the High of Wave 1. IF support is then found, we could see the Final Leg of Wave 5 with a Range Target @ ( $418 - $477 )
COINBASE:SOLUSDLong
by Novi_Fibonacci
NIFTY50.....As predictad with my forecast!Hello Traders, the NIFTY50 is on track with my predicted scenario! It fell to 23047 on Monday and the recovery since is weak! So, I expect several lower lows in the coming week and a possible target range at or around 221xx area! A buying opportunity is given above the range of 24188 to 24226 to establish a brand new buy signal! The next wave, if so to come, could be strong without taking any deep breath! So, keep in mind, that the "weak-hands" are willing to give their positions and got shake off the market! It is up to you, to cover <your calls or to liquidate them! But of course, that is what you have been doing for some weeks ahead! Anyway! The stage has been set and we will see, how markets will play and mix the cards! Have a great week...... Ruebennase Please ask or comment as appropriate. Trade on this analysis at your own risk.
NSE:NIFTY
by ruebennase
5
Bitcoin: Bullish Flag Breakout Targeting $136kThe BTC price is trading above the key moving averages, EMA 50 and EMA 200, signaling a strong long-term bullish trend. Additionally, the "flag" pattern, typically indicating trend continuation, has been broken to the upside. EMA 9/21 further confirm short-term bullish momentum, adding confidence to the price movement. Trading volume suggests that major players (so-called "whales") may have manipulated the market by selling large volumes to temporarily push the price down, allowing them to buy at lower levels. This is a classic signal for potential further price growth. The next target for this bullish move is the $136,000 level. However, it’s important to consider the risks: if the price falls back below the EMA 50, it could signal a potential trend reversal. What do you think—will BTC hit this target in the near future? Share your thoughts and analysis in the comments below! CRYPTO:BTCBUSD 🚀
COINBASE:BTCUSDLong
by SonOfBabylon_
2
BTC Targeting 125-130K : Elliott Wave AnalysisIn the coming months, Bitcoin is likely to reach its next targets—or at least form one more higher peak. Here’s how it might play out: Orange Count (Wave 4 Correction): According to the orange wave count, Bitcoin is in a larger Wave 4 correction of the impulse that began at 49K. This suggests another high is on the way for Wave 5. Recent Price Action (Higher High Above 102.8K): After closing daily above 102.8K, the wick at 89K should be seriously considered a potential Wave 4 bottom. This implies we could now be in the fifth and final impulse wave heading up to a new high. Two main scenarios could unfold: Scenario A (Regular Impulse): If this is a standard impulse, we’ll see a Wave 2 retracement next—typically between the 0.5 and 0.786 Fibonacci levels of the initial move. That puts a possible Wave 2 target between 97K and 92.5K. From there, Wave 3 would likely accelerate toward 125K. This is shown by the red wave in the chart. Scenario B (Ending Diagonal): Wave 5 often appears as an ending diagonal, which can look like a rising wedge or an expanding broadening wedge. If this pattern takes hold, the next high may not exceed 120K by much. Bearish Alternative: There is still a bearish possibility as long as we remain below the previous high. In this case, the recent upward move could be part of a larger flat correction, which would push Bitcoin lower again before eventually reaching a new high. This more negative outcome would be confirmed if prices fall below 92K (the 0.786 retracement of the move up from 89K).
BINANCE:BTCUSDLong
by zakoraio