Going Short on BitcoinBINANCE:BTCUSDT
Bitcoin has moved up strongly in the last 5 weeks in a 5-wave up move, which is very bullish long term. However, after a 5-wave move, there is usually a 3-wave corrective move to the opposite direction. The most common target will be the Golden Pocket, which is between the 61.8% Fibonacci Retracement and the 78.6% Fibonacci Retracement. Which would be between $86,500 USDT and $81,200 USDT. This move will probably take several weeks, probably between 2 and 4 weeks, before it resumes to the upside.
Another point to consider is that the RSI indicator has reached overbought levels, above the 70 level. I would like to see it near oversold levels, 30 level, before considering going long.
I hope you find this interesting.
Good luck to you
Elliott Wave
SHIB/USDT Potential UpsidesHey Traders, in today's trading session we are monitoring SHIB/USDT for a buying opportunity around 0.00001420 zone, SHIB/USDT is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.00001420 support and resistance area.
Trade safe, Joe.
BTC Back to $100K — The Final Dip Before All-Time Highs?Bitcoin has been trading slowly and steadily just below its all-time high at $109588. The key question now is:
💭 Is BTC ready to break through and print a new all-time high? Or does it need one more dip before liftoff?
Let’s break it down.
Elliott Wave Structure & Market Context
BTC recently completed a clean 5-wave impulsive structure, with Wave 5 topping out into a major resistance zone. That confluence included:
Value Area High (VAH)
Weekly resistance
Daily multi-level clusters
Final resistance zone before price discovery
After multiple rejections from this zone, BTC lacked the momentum for a breakout — so a retracement was expected.
And that’s what we’re now seeing: a textbook ABC correction.
📉 ABC Correction Breakdown
✅ Wave A: Dropped sharply, nearly tapping the psychological $100K level
✅ Wave B: Retraced into the prior resistance band between $106133 and $104464 — rejected perfectly off the 0.786 Fib of Wave A
🔄 Wave C: Now unfolding
To project the potential bottom of Wave C, we use the trend-based Fib extension (Wave A = Wave C). The 1:1 extension lands at:
🎯 $99875 — Right at the $100K psychological magnet
Add this confluence:
🟢 Key swing high at $99475
✅ 0.5 Fib retracement of the entire 5-wave rally
🔍 Psychological Level: $100K
🔑 Liquidity and demand zone
This makes the $99K–$101K area a strong, high-conviction support zone.
🟢 Long Trade Setup
Entry zone: Ladder between $101K – $99K
Stop-loss: Below GETTEX:97K
Target: New all-time high at $109588
R:R: ~3:1+
Structure: Correction into high-confluence zone + psychological level = high probability setup
📌 Summary:
BTC likely finishing Wave C of ABC correction
$100K = confluence of Fib, structure, psychology, and liquidity
Setup is simple: Wait for price to retest this zone and trigger your plan
If this level holds, BTC may be ready to attempt a breakout into price discovery
Let the chart come to you — and trade the reaction, not the anticipation. 📉🔁📈
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DUSKUSDTThis is a long-term analysis for the weekly time frame. Our guess is that the price will return from around 0.012 to 0.015 and even higher (completion of wave 4) and then complete its wave 5 at around 0.053 to 0.041.
If this happens, buying it spot is quite low-risk and we can even look at it for a long-term hold and an investment under one condition.
If this Elliott analysis is correct, the price could reclaim its new high within two years or more and even see numbers beyond it.
In terms of timing, late July and early August are a good time for the end of wave 4 and late 2025 and early 2026 are ideal times for the end of the hypothetical wave 5.
C98/USDT 15M ANALYSISHey Traders! 👋
I'm tracking a potential impulsive Elliott Wave structure on C98/USDT.
📈 Wave Count So Far:
- We completed a clean 5-wave impulsive move up — labeled i through v.
- This was followed by a classic zigzag (ABC) correction, forming what looks like a textbook
Wave 2.
- The corrective structure appears complete, and price is now holding above key support.
🔍 Current Expectation:
I'm now looking for Wave 3 to unfold, which typically brings the strongest momentum in the Elliott Wave sequence.
Trade Setup:
🟢 Entry Zone: 0.06 – 0.0615
🔴 Stop Loss: 0.05923
🎯 Target Price: 0.0652
💡 Note: Always manage your risk and confirm with your own analysis before entering any trade.
ETH - This will take time Part IIAs previously outlined, the fourth wave of the Primary degree in Ethereum (ETH) is forming a large triangle pattern, consistent with the corrective structure observed in XRP. This pattern is likely to extend over time, with the fifth wave of the Primary degree expected to begin around November or December 2025. A potential sharp breakout could occur starting in February 2026, signaling the start of a significant bullish move. If this breakout materializes, ETH could experience a substantial price increase, potentially exceeding current expectations, with a target significantly higher than anticipated.
SPEL LONG TRADESPEL was in uptrend in July and August 2024, and took A-B-C correction. It has been in WYCKOFF re-accumulation since October 2024. Now it has indicated starting of a new upward move because:
a. Breaker block formation on 1D TF.
b. Shifting of volumes
c. The targets have been calculated on measured move method.
🚨 TECHNICAL BUY CALL – SPEL 🚨
🎯 BUY ZONE: Rs. 40.7-43.4
📈 TP1 : Rs. 51.8
📈 TP2 : Rs. 57.3
🛑 STOP LOSS: BELOW Rs. 39 (Daily Close)
📊 RISK-REWARD: High Conviction | 1: 3.3
Caution: Please close at least 50% position size at TP1 and then follow strict trailing SL to avoid losing incurred profits in case of unforeseen market conditions
PLEASE BOOST THE IDEA IF YOU FIND IT HELPFUL.
At ATH, blast continuation or tap and turn?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
🚀 Tap & Turn… or Blast?
Bitcoin is reacting well to mapped levels, maintaining structure and respecting key zones. Price action continues to print HLs and HH keeping the bulls confident, atm.
💥 Levels Still Respecting
Recent price action has shown solid reactions at prior resistance and support zones. Nothing overly aggressive, but clean enough to keep structure traders engaged.
🐂 Bulls Still in Control (for Now)
Higher lows remain intact, keeping the bullish structure alive. I did take a lower-degree short, but without a clean break of those HLs, there's no reason to call a shift yet. A break of that pattern would be the first real sign of momentum fading.
🚧 Key Watch Zone: 106K–104K
This is where things get more critical. A clean break below that zone could tilt the balance.
Trade safe, trade smart, trade clarity.
Bitcoin - Dump and Pump to new ATH! Alt season summer 2025During summer, Bitcoin is usually very boring. You probably have heard of the sentence "Sell in May and go away." We can expect Bitcoin to go pretty much sideways in the next months, which creates a perfect environment for altcoins. But in the short term, Bitcoin is bullish and we are going to hit a new all-time high soon. Let's look at the latest bitcoin price action.
On the chart we can see that Bitcoin has been moving in the ascending channel in the recent weeks, and at the end we see a symmetrical triangle. Symmetrical triangles from the Elliott Wave perspective are usually marked as wave 4 preceding the last wave to the upside, followed by a crash. Usually triangles are very tricky, and market makers use them to trap retail traders. This is exactly what is going on here; we can clearly see trapped traders above the symmetrical triangle at this moment. Their stop loss is most likely below the triangle! This is where the price can go before continuing higher.
100k is a strong psychological support, and I believe the bulls will hold it. I am currently bullish on Bitcoin and expect a new all-time high in the near future! Altcoins should start exploding in the next weeks! Now tell me in the comment section, do you think an alt season is ready?
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! It 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!
Long Ceotronics for unfolding wave 5Log scale applied, Elliott waves analysis, as usual.
Not so good liquidity here compared to US stocks but very good setup in which I quite confident. Wave (v) with light blue color is going to unfold as consolidation in wave (iv), shaped as a triangle, comes to an end.
Bigger picture is quite interesting. Black (cycle) wave I shows up again as wave III with some contraction in wave (2) of smaller degree. I will leave big picture as a note. Nicely visible wave personality!
I do not have a clear target now but will see how wave 5 develops. Substantial price run is expected.
EUR/USD 1H AnalysisWhat we’ve got here on EUR/USD looks like a clean Elliott Wave setup shaping up.
There’s a strong 5-wave move up that likely forms Wave 1, followed by a simple ABC correction — that gives us Wave 2.
Now price is reacting from that C point, and this could be the beginning of Wave 3, which is usually the most powerful part of the trend.
🟩 Entry Zone: 1.114 – 1.12
🎯 TP: 1.14
🛑 SL: 1.109
⚖️ Risk/Reward Ratio: 1:3
💡 Note: Always manage your risk and confirm with your own analysis before entering any trade.
Keep an eye on it — could be a solid setup if it confirms. Drop your thoughts if you're trading this too 👇
EUR/USD – Fair Value Gap Filled, Market Eyes Higher HighsThe EUR/USD chart on the 4-hour timeframe is showing a well-formed Elliott Wave pattern. We've seen a clear 5-wave move to the upside, followed by a corrective ABC pattern. This correction seems to have completed, with wave C ending right at a strong support area.
It's the lower trendline of the rising channel formed during the 5-wave impulse.
It's also where a Fair Value Gap (FVG) has just been filled — an area where price previously moved too quickly and is now finding balance.
T1: 1.12355
T2: 1.13072
SL: 1.10468
GOLD → Breaking of the downward trend structure...FX:XAUUSD is breaking out of the downward price channel and heading towards the zone of interest at 3346. A false breakout of resistance could trigger a correction before growth continues.
Gold is rising for the third day in a row and trading above $3,300 amid a weakening dollar and heightened geopolitical tensions. Investors are seeking refuge due to concerns about US fiscal policy, trade disputes with China, and a possible Israeli strike on Iran. Gold is also supported by expectations of a Fed rate cut and weak prospects for the dollar.
Technically, the price is heading towards the order block and resistance at 3345-3360. Since the opening of the session, the price has exhausted all its potential, and a retest of the key level may end in a false breakout and correction. However, based on the fundamental background, gold's growth may continue after the correction...
Resistance levels: 3346, 3360, 3409
Support levels: 3288, 3265, 3245
Gold has returned to the buy zone, but the fundamental background is unstable, and any weakening of economic risks could send gold back south. At the moment, the focus is on 3346-3360, with a false breakout likely to trigger a correction.
Best regards, R. Linda!
Gold Completes A Correction Within Bullish TrendGold made another sharp leg to the upside in first half of April, even showed some accelerating price action away from the 3,000 level. This suggests it might have been part of wave three when looking at the Daily and 4-hour time frame, so there can be more upside within a much more extended impulse structure. Possibly already now after blue wave four consolidation shows first signs of a bottom near 3120. Notice that pullback from recent high is in three legs, while price recovered out of wave (C) channel, so looks like new recovery is in the cards.
Inverse H&S + Triangle = Gold’s Perfect Setup for a BreakoutAs I expected in my previous idea , Gold ( OANDA:XAUUSD ) started to rise after a correction and made another attack on the Resistance zone($3,280-$3,245) .
Gold is currently moving near the Resistance zone($3,280-$3,245) and Yearly Resistance (2) .
If we look at the Gold chart from a Classic Technical Analysis perspective, two Classic Patterns are clearly visible.
1- Inverse Head and Shoulders pattern , which is a good sign for a Resistance zone($3,280-$3,245) breakout.
2- Symmetrical Triangle Pattern is also a sign of a continuation of the recent bullish trend
In terms of Elliott Wave theory , Gold seems to have completed the corrective waves , and we can expect the start of an impulsive wave . Breaking the Resistance zone($3,280-$3,245 ) can be a good sign for the start of an impulsive wave and a gold pump .
I expect Gold to trend higher in this week , and the first sign could be a break of the Resistance zone($3,280-$3,245) . The targets are clear on the chart.
Note: If Gold touches $3,179 , we should expect a drop.
Gold Analyze ( XAUUSD ), 1-hour 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; this is just my idea, and I will gladly see your ideas in this post.
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Update MPCCMPCC went very deep and not as I expected but it didn´t make a new ow on the daily chart.
Please check my previous analysis on MPCC.
Now, I´m looking at this short time analysis and hope to see price turning up from the any of the red Fibonacci levels. Price must not cross the red line for the short-term bullish outlook to remain valid.
Probably, I would need to sell if the red line is broken in an impulsive manner.
Let´s see what happens!