Elliott Wave
Threshold Network(T) Analysis: From Bear Trap to Bullish TrendAs long as Bitcoin ( BINANCE:BTCUSDT ) and Ethereum ( BINANCE:ETHUSDT ) are in a range, it is a good opportunity to take advantage of the movement of other tokens and take a look at their charts.
Today, I want to analyze the Threshold( BINANCE:TUSDT ) project for you, which has increased by +70% .
What Is the Threshold Network?
Threshold Network is a decentralized protocol that combines cryptography and privacy to power secure, permissionless applications. It enables users to protect their digital assets through threshold cryptography—where no single party has full control—supporting use cases like private key custody, privacy-preserving smart contracts, and tokenized Bitcoin on Ethereum (via tBTC).
Reasons for Price Increase:
Token Buybacks : Threshold Network is actively buying back T tokens from the market, potentially increasing demand and positively impacting the token's price.
Halting Treasury Sales : The project has stopped selling T tokens from its treasury, signaling confidence in the token's future value and reducing potential market supply.
BitcoinWorld
Reducing Operational Expenses : By streamlining operations to save costs, the project aims for long-term sustainability in the volatile crypto landscape.
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Technical Analysis:
Now let's take a look at the Threshold(T) chart on the Daily timeframe .
Can we still take advantage of the increase in the price of T Token or not!? Please Stay with me.
The Threshold(T) project is moving near the Heavy Support zone($0.0189-$0.0147) and has managed to break the Resistance lines with a high-volume candle , which could be good news for the continuation of the T token's bullish trend .
The Threshold(T) Project also created a Bear Trap , which basically moves in the opposite direction of the Trap after traps on the price chart with high momentum , which is what happened here as well.
In terms of Elliott Wave theory , the T token is currently completing 5 impulsive waves after completing a Zigzag Correction(ABC/5-3-5) , which seems like we should wait for the main wave 4 and then a re-increase .
I expect the T token to start rising again from the Potential Reversal Zone(PRZ) and give us at least +30% profit opportunity .
Note: If the T token goes below $0.016, we should expect further decline and possibly a break of the Heavy Support zone($0.0189-$0.0147).
Please respect each other's ideas and express them politely if you agree or disagree.
Threshold Analyze (TUSDT), Daily 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.
Still no progress for BitcoinHi traders,
Last week Bitcoin consolidated the whole week. The outlook is still the same.
Now we saw a 5 wave pattern up (which could be a leading diagonal wave 1) and a correction down. So we could see the next impulse wave after the finish of the correction.
Or we see one more impulse wave down and after that more upside.
Let's see what the market does and react.
Trade idea: Wait for the (corrective) move down to finish. After that you could trade longs.
If you want to learn more about trading FVG's with wave analysis, please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my analysis.
Don't be emotional, just trade your plan!
Eduwave
Little more up for goldHi traders,
This is what I've said last week in my outlook: next week we could see a correction and more upside for this pair.
And I drew an arrow for the target. Now check the chart.
This is the power of wave analysis in combination with liquidity sweeps and FVG's!
For next week we could see a little more upside (finish grey wave 3) and after that a bigger correction for (grey) wave 4.
Let's see what price does and react.
Trade idea: Wait for a change in orderflow to bullish. After an impulse wave and a small correction down on a lower time frame you could trade (short term) longs.
If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
More down for SPX500USDHi traders,
SPX500USD consolidated the whole week last week.
So next week we could see the start of the last impulse wave down to finish the bigger (red) WXY correction.
Let's see what the market does and react.
Trade idea: Wait for a small correction up on a lower timeframe to trade shorts.
If you want to learn more about trading FVG's & liquidity sweeps with Wave analysis, then please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
More upside for EUHi traders,
Last week EU finished the correction (orange) wave 4 and after that it went up again for wave 5 (orange).
As you see price made a three wave impulse so wave 5 could be an ending diagonal or wave 4 becomes a Triangle.
In both cases we could see some more upside next week.
Let's see what the market does and react.
Trade idea: Wait for a change in orderflow to bullish, an impulse wave up and a correction down on a lower timeframe to trade longs.
If you want to learn more about trading with FVG's, liquidity sweeps and Wave analysis, then make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my technical analysis.
Don't be emotional, just trade your plan!
Eduwave
NIFTY50.....Correction ahead?Hello Traders,
the NIFTY50 has achieved my target range @ 23872 and touched the wave x² range of a possible triple pattern. This was inline to my analysis!
It will be interesting to observe how market will react in the coming one or two days ahead!
Chart analysis!
As to seen, there is a trend line drawn, and it has been touched three times, what makes this one really important! On the way up, there are some gaps to the upside, and sooner or later, they will be closed.
A first target for this scenario could be a range of about 22867 area.
The bulls have to watch the impulsive structure, that has been formed at the last days, 'cause it's possible to count an impulsive move up (1-2-3-4-5)! The next move, when it is done, is a correction within a wave 2, that more often than not retrace a 0.618 Fibo of wave 1 of any degree. New lows, while not expected, are just below @22194 a real scenario!
When the bulls are willing to extend the gains, one target range is around the wave x of the triple @ 24857 a realistic idea!
Well, friends, that's it for a quick note.
Happy Easter and a great week for all of you.....
Ruebennase
Please ask or comment as appropriate.
Trade on this analysis at your own risk.
NIFTY50.....Correction ahead?Hello Traders,
the NIFTY50 has achieved my target range @ 23872 and touched the wave x² range of a possible triple pattern. This was inline to my analysis!
It will be interesting to observe how market will react in the coming one or two days ahead!
Chart analysis!
As to seen, there is a trend line drawn, and it has been touched three times, what makes this one really important! On the way up, there are some gaps to the upside, and sooner or later, they will be closed.
A first target for this scenario could be a range of about 22867 area.
The bulls have to watch the impulsive structure, that has been formed at the last days, 'cause it's possible to count an impulsive move up (1-2-3-4-5)! The next move, when it is done, is a correction within a wave 2, that more often than not retrace a 0.618 Fibo of wave 1 of any degree. New lows, while not expected, are just below @22194 a real scenario!
When the bulls are willing to extend the gains, one target range is around the wave x of the triple @ 24857 a realistic idea!
Well, friends, that's it for a quick note.
Happy Easter and a great week for all of you.....
Ruebennase
Please ask or comment as appropriate.
Trade on this analysis at your own risk.
XAUUSD update: Is 4th wave complete?On our previous analysis we were expecting price to start decline to form 4th wave of higher degree but price instead of creating na impulsive down we had a clean zigzag signaling we are not yet done with the 5th wave. Now we have a recount of this 5th wave and we can see we still bullish. If this current count is correct we should expect price to continue up and find resistance at the upper trendline. Lets monitor it for a possibility of taking advantage of the continuation higher.
EURNZD Wave Analysis – 18 April 2025- EURNZD reversed from support level 1.9100
- Likely to rise to resistance level 1.9400
EURNZD currency pair recently reversed up from the pivotal support level 1.9100 (former strong resistance from March) standing close to the 20-day moving average and the 50% Fibonacci correction of the upward impulse from February.
The upward reversal from the support level 1.9100 created the daily Japanese candlesticks reversal pattern Bullish Engulfing.
Given the clear daily uptrend, EURNZD currency pair can be expected to rise to the next resistance level 1.9400.
After a -90% Dump, MANTRA(OM) Finds Support!!!Today, I want to analyze the MANTRA ( BINANCE:OMUSDT ) projec t for you, which fell by more than -90% on April 13 .
What is MANTRA(OM)?
MANTRA (OM) is a DeFi + RWA (Real World Assets) focused project aiming to bring real-world assets like real estate and bonds on-chain. Built with the Cosmos SDK, it’s developing a purpose-built layer-1 chain to facilitate tokenization and institutional adoption of RWAs.
The main crash reasons:
Massive forced liquidations on exchanges
90% of the token supply reportedly held in a single wallet
Rumors of a rug pull (which the team denied)
Team Response:
MANTRA’s team has launched an internal investigation
Plans for buybacks and token burns are underway
They reassured the community that team tokens remain locked and untouched
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Technical Analysis:
Now let's take a look at the MANTRA(OM) chart on the 1-hour timeframe .
After the fall on April 13, MANTRA(OM) reacted to the Heavy Support zone($0.45-$0.20) and started to rise again (upward correction) .
From the perspective of Elliott Wave theory , MANTRA(OM)'s big fall can be considered as a main wave 3 , and it seems that MANTRA(OM) is completing a main wave 4 . The main wave 4 could be a Double Three Correction(WXY) . Since the momentum of the main wave 3 was high, there is a possibility that main wave 5 will be a Truncated type .
I expect MANTRA(OM) to start rising from the Potential Reversal Zone(PRZ) and rise to at least $0.76(+30%) ( First Target ) and then attack the Resistance zone($1.10-$0.84) ( Second Target(+60%) ).
Do you think the MANTRA(OM) project can return to its good days?
Note: If the MANTRA(OM) falls below $0.500(Round Number), we can expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
MANTRA Analyze (OMUSDT), 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 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.
KASUSDT ShortLooks like KASUSDT is wrapping up an ABCDE reversal pattern right on the daily 50EMA — point E seems to be the final touch.
What stands out is how that 50EMA is acting like a brick wall — price got rejected at A, C, and now again at E.
My target’s the support zone marked on the chart.
I’m not setting a tight stop — too easy to get wicked out by some stop-hunting move.
I’ll only cut the trade if we get multiple candle bodies closing clean above the daily 50EMA.
APEUSDT LongAPEUSDT is pressing against the 50 EMA on the 4H chart. An ABCDE reversal pattern has formed based on Elliott Waves — the setup points to a potential long.
No stop-loss set — there’s a chance of a stop-hunt wick to the downside. I’ll exit the trade if multiple candles close below the zone with their bodies, which would invalidate the setup.
Target is marked on the chart.
GLD gold to top at 327GLD has been absolutely ripping during market uncertainty, and if you account for the 50% retrace on SYX it is not outperforming. I drew a fib extension and looked at a wave analysis for a potential top, they are in alignment. BBWP is nearing firing red and the advanced stochastic cannot stay up here forever. Given that this is a monthly chart we should see a bit more upside, could take a few weeks.
Summary:
Golden fib extension matches 5 wave projection amid elevated volatility and buyer strength, should see a pull back between 320-330
NEIROUSDT → Countertrend momentum. Is the reversal close?BINANCE:NEIROUSDT.P is one of not many coins that is growing. But the only disadvantage is that the coin is at the bottom. Most likely it is forming a set of liquidity before continuing to fall.
NEIRO is strengthening and heading towards the resistance of the range while bitcoin continues its correction.
Strong resistance and liquidity zone at 0.187 is ahead. Strong gains could be stopped by a false breakout and reversal
Just because a coin is at the bottom doesn't mean it has nowhere to fall. Yes, there is.
At the moment the price is in the range on the background of a strong downtrend, within which the price does not show signs of life. The previous buyback ended with a strong sell-off.
Resistance levels: 0.000187, 0.0002045.
Support levels: 0.000169, 0.000154
In the short term, we should expect a false breakout, reversal and price drop to the support of the range.
I do not rule out a prolonged struggle in the resistance zone, within which the price may go higher and test the 0.00020 liquidity zone before continuing to fall, within which it may renew the bottom.
Regards R. Linda!
Gold is Powering Through the Termination ChannelGold is right now in a very strong extended 5th wave.
It has finished what I believe to be the third wave of that 5th wave, so now we are entering the 4th wave of the 5th wave.
I believe it will be a very shallow 4th wave, and considering the speed of things, it will not retrace further than around the 3,000 level. and here on after continue up with the 5th wave.
Normally we would anticipate retracement back to the 38.6% fib level, which is at the 2,766 level, but gold is storming and not looking back right now.
When Gold has retraced a little, I would not be surprised if it is heading for the 4,000 level.
ALCHUSDT → Rally to the liquidity zone. False breakout?BINANCE:ALCHUSDT.P is one of not many coins that looks strong amid the bearish cryptocurrency market. But how long will this energy last? There is strong resistance ahead....
A local pre-breakdown consolidation relative to the intraday level is forming. In general, this is the state of the market, ready to continue its growth within the distribution.
Thus, the breakout of 0.1590 resistance will provoke the continuation of growth up to the liquidity zone at 0.177. But already at 0.177, due to the fact that it is an important and strong intermediate resistance level, we should expect a false breakout and a pullback, for example, to 0.159 or 0.5 fibo.
Resistance levels: 0.159, 0.177, 0.23
Support levels: 0.1516, 0.5 fibo
The distribution is already 53% since the breakout of the consolidation resistance. By the time the resistance is approached, it will be 77% and the market may use up all the accumulated potential, so liquidity above 0.177 is likely to stop the upward rally and turn the coin down.
Regards R. Linda!
ARKMUSDT ShortARKMUSDT has pressed up against the 50 EMA on the 4H chart. An ABCDE reversal pattern based on Elliott Waves has formed — all lining up for a short.
No stop-loss set — there’s a chance of a stop-hunt wick to the upside. I’ll exit the trade only if several candles close above the zone with their bodies — in that case, the setup is invalidated.
Short targets are marked on the chart.