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Elliott Wave

BITCOIN - LIGHTS OUT ! - The road to $14,000. Bitcoin was just dealt the most bearish chart pattern there is in my book : The upside flash. Huge move higher that has HFT written all over it, followed by a huge move downward, all in the span of a few hours. The FLASH. I have severely down graded BTC. We still bounce at $25,000 area, but we'll give it all back on the grinding road to $14,000. There are a few rescue moments that can occur in between, and I will map those out as I go. Sorry guys, better to know now that later right?
KRAKEN:BTCUSDShort
by Urbanmove
3
Analyzing MicroStrategy's Price Action & Impulse Wave FormationGreetings Everyone, Happy New Year! To kick off the year with momentum, I've revisited and updated the MSTR chart for fresh insights. Not financial advice MicroStrategy (MSTR) is a leading business intelligence and analytics company, well-known for its significant investments in Bitcoin. Its stock price is closely tied to both its core business and Bitcoin's performance, making it an exciting watch for 2025. Key Levels: Near term key levels are highlighted in orange. Overthrow : A concept in EW theory that explains the momentous break of a uptrend channel which then reverses strongly in the opposite direction often indicating buyer weakness. Notice the 47.88% draw down since this overthrown candle. Wishing you all a prosperous year ahead and a fantastic day! Best regards, CL
BMV:MSTRShort
by coilemard
1
GOLD TREND FOR 2025Dear all my trader friends. As I wish disciplined life for you then you can figure out how I care about you. HAPPY NEW YEAR . . We are still in a down trend till a shot under 2600.00 Dollar. Thats a psychological trick to make fear in market. . . So many other news are here that seems nothing is normal like Donald Trump wants to replace BTC with Gold. Its even crazy to talk about and seems to be a over 5 years plan. So i dont care about it I want trade this Lovly XAU daily.
OANDA:XAUUSDShort
by armindehghani
Gold is Ready to Attack to Heavy Support zone!!!Gold ( OANDA:XAUUSD ) seems to have managed to break the 100_SMA(Daily) , the Support zone($2,613-$2,608) , and the lower line of the ascending channel and is currently moving in the Heavy Support zone($2,605-$2,584) . According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 5 . In terms of Classical Technical Analysis , with the breaking of the lower line of the ascending channel, we can also see the Bearish Flag Pattern well in the higher time frame . I expect Gold to GO down at least as wide as the ascending channel and go down to the Potential Reversal Zone(PRZ) and 21_SMA(Weekly) . ⚠️Note: If Gold breaks the 100_SMA(Daily) and Resistance lines, we should expect Gold to rise further.⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put 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. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
2
NZDUSD Wave Analysis 31 December 2024 - NZDUSD broke key support 0.5600 - Likely to fall to support level 0.5500 NZDUSD currency pair under the bearish pressure after breaking the key support 0.5600, which stopped the previous long-term ABC correction (2) earlier this month. The breakout of the support 0.5600 strengthened the bearish pressure on this currency pair. Given the multi-month downtrend, NZDUSD currency pair can be expected to fall to the next major support level 0.5500 (which stopped multiyear downtrend in 2022) - from where the upward correction is likely.
Short
by FxProGlobal
Possible wave counts of chart NVIDIA dip now then upHello Friends, Today we have plotted Elliott wave counts on NVIDIA Corporations chart Technical Analysis Case study, In this study we used Elliott Wave Theory & Structures, it involves multiple possibilities, and the analysis presented focuses on one potential scenario. The provided information is for educational purposes only, not trading advice. There's a risk of being completely wrong, and users are warned not to trade or invest solely based on this study. The content is not an advisory and does not guarantee profits, We are not responsible for any kind of profits and losses; individuals should consult a financial advisor before making any trading or investment decisions. 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.
NASDAQ:NVDA
by RK_Chaarts
NIFTY50.....Believe what you see!Hello Traders, the NIFTY50 isn`t done yet! This is the main meaning! A drop below the 23263 level , on an hourly baisi at minimum, opens the door to lower levels! One formidable price target should be around 218xx to 22670 range. Lower targets exist. Recall! Waves four of every degree always come back to a wave four of lower degrees. In this case, the chance has been given to much lower lows as well! In fact; the bulls need to recover to 24857 to0 create a new buy signal ahead. For this scenario there is no potential ahead. If this high (24857) was indeed the high, keep in mind, that a wave "x" always turns out to be a waves (a-b-1-2-3-4-5) y! So, there is much more room to decline. As before! A drop below 23263 opens the door to lower levels! One uödate is just around the corner! I wish all my followers and readers a peacefull years end, joy and happynes and a great time to everyone! Have a great time..... Ruebennase Please ask or comment as appropriate. Trade on this analysis at your own risk.
NSE:NIFTY
by ruebennase
Elliott Wave View: Dow Futures (YM) Looking for Double CorrectioShort Term Elliott Wave view of Dow Futures (YM) is looking for a larger degree correction against cycle from 3.15.2023 low in 3, 7, or 11 swing. Rally to 45183 ended cycle from 3.15.2023 low as wave ((3)) per 1 hour chart below. Wave ((4)) pullback is now in progress to correct that cycle. Internal subdivision of wave ((4)) is unfolding as a double three Elliott Wave structure. Down from wave ((3)), wave A ended at 43941 and wave B rally ended at 44556. Wave C lower ended at 42496 which completed wave (W) in higher degree. Rally in wave (X) unfolded as a zigzag Elliott Wave structure. Up from wave (W), wave A ended at 43663 and wave B ended at 42928. Wave C higher ended at 43746 which completed wave (X). The Index has turned lower in wave (Y), but it still needs to break below wave (W) at 42496 to validate this view. Near term, as far as pivot at 45183 high stays intact, expect the Index to extend lower. Potential target for wave (Y) lower is 100% – 161.8% Fibonacci extension of wave (W). This area comes at 39403 – 41060 area where buyers can appear for more upside or 3 waves rally at least.
CBOT_MINI:YM1!
by Elliottwave-Forecast
BTC, clear H&S top - more down to comeIt looks as though we have a head and shoulders top in play with BTC. Left, head and right are clearly marked on the diagram. If, the red neckline should be broken then we go down to the 70s which will present a wonderful buying opportunity for those who are not in or want to buy a little more. Long-term, we're still very much on the upward trend but be careful if you have any day trades for longs as the most likely probable outcome is down. Follow for more.
by cryptechcapital
What if Santa is REAL?!Hear me out. Santa is coming this year. Let's assume that the correction is over for the Christmas' sake, in a simple ABC zigzag, and we the low set at $1.9 was the local low. Right now, we could be simply in the beginning of the final impulse in 2024. From my point of view based on the subwave count, we could be waiting for a wave (3) of the intermediate degree to take out the ATH. How confident can I be in this scenario and the Santa rally? Not so much. Unless BTC retakes 100K, stabilizes around there, and the dominance relaxes to allow the altcoin market to breathe, I'd still assume we are range bound in a wedge.
BITSTAMP:XRPUSDLong
by amourification
SENDAI will it reach 1.05?Looking at the chart for Eversendai Corporation Berhad, here's my analysis: Current Price Action: - Trading at RM0.685, up 3.79% - Breaking out of a consolidation pattern - Price above all major moving averages Elliott Wave Analysis: - Completed waves (I) through (IV) - Currently entering wave (V) - Price target for wave (V) at RM0.925 (0.786 Fibonacci level) Key Technical Levels: 1. Support: - Major support at RM0.500 - Stop loss level identified at RM0.215 (31.39% below current price) - Moving averages providing dynamic support around RM0.585 2. Resistance: - Immediate target at RM0.820 (0.618 Fibonacci) - Ultimate target at RM1.05 (1.0 Fibonacci) - Secondary resistance at RM0.750 (0.5 Fibonacci) Trade Setup: - Risk/Reward ratio: 1.7 - Target: RM0.865 (53.28% upside) - Stop loss: RM0.215 - Current position showing good profit potential Volume Analysis: - Recent increase in volume supporting breakout - Money flow indicator turning positive - Green volume bars suggesting accumulation Notable Events: - September 2024: MYR297.855M (+25.32%) - June 2024: MYR237.67M (-529.76%)
MYX:SENDAILong
by pengamalgelombang
HUPSENG will it create a leading Diagonal wave or ENDING?Looking at the chart for Hup Seng Industries Berhad, here's my analysis: Current Price Action: - Trading at RM0.780, up 1.96% - Currently in an uptrend channel - Price holding above key moving averages Elliott Wave Analysis: - Currently appears to be in Wave (IV) of a larger structure - Previous waves (I), (II), and (III) clearly visible - Potential for Wave (V) targeting RM1.37 (1.272 Fibonacci level) Key Technical Levels: 1. Support: - Strong support at RM0.915 (0.786 Fibonacci) - Channel support around RM1.00 - Moving averages providing dynamic support 2. Resistance: - RM1.20 (0.236 Fibonacci level) - RM1.30 (previous high) - Upper channel resistance around RM1.25 Pattern Analysis: - Trading within an ascending channel - Series of higher highs and higher lows - ABC correction pattern visible within Wave (IV) Volume Profile: - Recent volume supporting the upward movement - Money flow indicator showing accumulation - Green volume bars indicating buying pressure Notable Events: - September 2024: MYR15.27M (-15.78%) - Consistent recovery pattern since June 2023 p/s take profit first +-rm3180@27.46%
MYX:HUPSENGShort
by pengamalgelombang
NGRV 34% Profit is possible but Risk Reward Ratio is not good Current Price Action: - Trading at $2.47, up 4.78% - Breaking out from a recent consolidation pattern - Showing first signs of trend reversal after extended downtrend Elliott Wave Analysis: - Appears to be completing Wave IV of a larger structure - Triangle pattern forming within Wave IV - Potential for Wave V upward movement targeting $3.85 (1.618 Fibonacci level) Key Technical Levels: 1. Support: - Major support at $1.60 (recent lows) - Triangle pattern support around $2.00 - Moving averages providing dynamic support 2. Resistance: - $2.36 (0.236 Fibonacci level) - $2.61 (0.786 Fibonacci level) - $3.34 (1.272 Fibonacci extension) Volume Analysis: - Recent volume increase supporting the breakout - Bottom indicator showing improving momentum - Volume pattern suggests accumulation phase Trading Considerations: - Breakout from triangle pattern suggests bullish momentum - Stop loss could be placed below triangle support ($2.00) - Risk/reward appears favorable for long positions Potential Risks: - Stock has been in long-term downtrend - Needs to maintain above breakout level - Historical volatility suggests tight stop losses needed
NYSE:NRGVLong
by pengamalgelombang
Bitcoin - Ultimate profit target in 2025 (sell here!)Bitcoin is in a final stage of its bullish cycle! The major impulse Elliott Wave is almost finished. What you really want to focus on is this long term 2017 -> 2021 trendline. When bitcoin touches this trendline (make sure you setup an alert in tradingview), it's definitely time to sell and run away! It's not only the trendline that is a strong resistance; it's also the Fibonacci extension (1.618 FIB). While a trendline is a dynamic resistance, moving together with price, fibonacci is a static resistance with a fixed level. Our fibonacci level is exactly at 122,069 USDT. I know there will be moon boys predicting 200k or 300k in 2025, but this is pretty much impossible. The market cap of Bitcoin is already relatively high, as you can see in the picture below. After you sell your Bitcoin, wait for a significant correction (bear market). I expect this bear market to be in years 2025 - 2026. From the Elliott Wave perspective, wave (4) is always a strong support and liquidity point for whales. Bitcoin's wave (4) is at 49k. So we can find support at around 50k - 65k. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This 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!
BITSTAMP:BTCUSDLong
by Xanrox
207