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Elliotwaveanalysis

Maker: Elliott Waves Theory ($6,111 & $9,407)I think what is most beautiful about this method is its simplicity. Let's review Maker in terms of Elliott Waves. We have two main patterns. The impulse and the correction. An impulse develops mainly in five waves. (1,2,3,4,5) The correction in three waves. (ABC) An impulse will lead to a correction. A correction will lead to an impulse. To use this system, we just need to spot where the market is at in the present time. There was a clear bullish impulse between 2023 and 2024. This impulse was followed by a correction. The current correction can be over or might not be over. For example, the C wave 3-Feb. can continue lower and bottom at a later date. This can only be known after the event. What we know for sure is that MKRUSDT is now within a correction and after this correction a new bullish impulse will develop. An impulse produces a minimum of five waves. We can expect rising prices based on this simple method. We have targets between $6,111 (wave 3) and $9,407 (wave 5). Thank you for reading. Namaste.
Long
by MasterAnanda
1
XAUUSD H1: What is happening to GOLD?Technical analysis: The price line is still showing a continued uptrend, important levels are broken and ready for a new ETH GOLD peak! 2 important price zones in the current uptrend are 2934, 2942. Gold investors all see that gold has a strong upward trend, reaching 2940 USD/oz from October 2023 to present, surpassing the resistance of 2000 USD, showing a strong upward trend. However, if we consider the movements, gold has increased 4 times per week and there is a high possibility that there will be an adjustment in this sensitive area. If we consider the cycle, gold in the monthly frame is still in the same upward phase as the quarterly frame, but currently we see that gold has increased for 27 months, corresponding to enough time for a monthly increase phase. Fundamental Analysis Gold prices were flat in the first session of the week as investors awaited further details on US President Donald Trump's tariff plans, which could escalate global trade tensions. Senior Trump administration officials will begin peace talks with Russia and Ukraine in Saudi Arabia in the coming days, which is news that many investors are interested in. Gold has been seen as a safe haven asset during the recent period when geopolitical tensions have escalated.
OANDA:XAUUSDLong
by xauusd_rr
1
BNB’s Correction Could Trigger a Major Move—Are You Ready ?Yello Paradisers! Have you been keeping an eye on #BNBUSDT? If not, now’s the time to focus. BNB is currently in a corrective phase after its recent surge, and this pullback could be setting up a major opportunity for those who know when to strike. But timing is everything, and jumping in too early could be a costly mistake. 💎Right now, we expect BNB to follow a flat zigzag correction pattern of Elliott Wave. The price action shows signs of an imbalance (IMB) and a change of character (CHOCH), suggesting that we might see a further dip before the bulls take over again. You can switch to lower timeframes, like the 15-minute chart, to get a clearer validation of the wave structure. The key here is to wait for a bullish divergence on the RSI and MACD, which will signal that the correction is nearing its end and a rebound is likely. 💎The bullish order block (OB) between $582 -$577 is the crucial demand zone to watch. We anticipate BNB dipping into this zone before finding strong support for a potential upward impulsive wave. However, if BNB closes below this order block, the setup becomes invalid, and we could see further downside toward $560. It’s essential to remain patient and disciplined rushing in without confirmation could lead to unnecessary losses. 💎Once we get the bullish divergence, we expect BNB to target the $643-$646 supply zone in the next move. This could be a sharp and profitable rally for those who wait for the right signals. But remember, if the price closes below the bullish OB, it’s time to step back and reassess. Protecting your capital is just as important as making profits. Be patient, stay focused, and let the market come to you. That’s how you secure long-term success in this game. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
3
Bitcoin's 2025 is bullish AFLet's talk crystal clear here; Bitcoin is in a massive uptrend, yes now is stucked/accumulating below the $100k mark, but overall is bullish AF. In this chart I present you my Elliott Wave Count of Bitcoins bullish cycle that started from Dec. 2022 and is still on going. Breakdown: We're in a 1-2-3-4-5 (we're here) bullish count. Inside this last 5th wave, which you can clearly count 5 subwaves, we're on the verge of breaking this $100k accumulative period, aka. in a corrective ABCDE of the 4th wave. Once this breaks up, Bitcoin should FLY. COT readings are also great and supporting this idea behind technicals. In the current accumulation, Fund managers went from being bearish to now being more bullish, pointing to a bullish divergence. However, I'd like to see Retailers more bearish, why? Because they always wrong, and currently they are still a bit bullish to me from what I read in the COT report. This is why I believe we still going to see this corrective phase for a little longer, finally completing the ABCDE formation, and then RISE. Conclusion, Bitcoin price is stuck for some time till' it breaks up and rockets to unknown price. Trade safe! A.FX99
COINBASE:BTCUSDLong
by AlbertFX99
STXUSDT on the Edge: Massive Rally or Sharp Drop Incoming? Yello! Are you prepared for what’s about to unfold with #STXUSDT? The price action is heating up, and the next move could be explosive. #STX is flashing signs of a critical Elliott Wave structure, and what happens next will determine whether we’re headed for a massive rally or a sharp correction. Let’s dive into the details. 💎#STXUSDT has just completed a corrective Wave 4 within the Elliott Wave structure. Right now, we’re expecting an impulsive 5th wave to kick in, supported by key indicators. Both RSI and MACD are showing bullish divergence, suggesting that the corrective ABC wave may be complete, setting the stage for a potential bullish breakout. 💎However, the critical support level at $0.915 will be key. If this level holds, we expect bullish momentum to continue, confirming the start of Wave 5. But if $0.915 fails, we’ll be watching for a bullish rebound from the imbalance zone. A break below this area could invalidate the bullish wave count and open the door for further downside. The next move will separate the pros from the amateurs. Stay sharp, stay strategic, and as always trade smart, Paradisers. 💪 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
1
ADA at a Breaking Point: Will It Skyrocket or Crash?Yello! Are you ready for what’s coming with #ADAUSDT? The price action is heating up, and the next move could be explosive. #ADA is showing signs of a critical Elliott Wave structure, and what happens next will determine whether we see a massive rally or a sharp drop. Let’s dive into the analysis. 💎#CARDANO has just completed a strong impulsive 5-wave structure, topping out around $0.8211. At this peak, we’re seeing a double top formation with corrective Wave B, which is often a bearish reversal signal that’s exactly what’s unfolding now with an ABC correction pattern. The price is currently in Wave B of the correction, gearing up for a potential drop towards Wave C. 💎The critical level to watch is the Golden Pocket Zone (FIB 0.168) around $0.7430. This zone is crucial because if #ADAUSD holds this level, it could trigger a strong bullish reversal that sends the price towards the $0.8240 Supply Zone. 💎However, if ADA fails to hold momentum at the FIB 0.168 level and closes below it, we could see it dropping further, potentially targeting the imbalance and bullish OB zone at $0.7089. 💎Before entering a trade, we add confirmation such as ensuring the RSI and MACD form a bullish divergence. If they do, that means the Wave C correction has ended, and a new Elliott Wave structure is on the way, offering a long opportunity. What’s your take? Will ADA bounce or break down? Share your thoughts below! 💬 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
10
Ethereum MELT UP is coming. There's been a lot of discussion lately on where ETH price might go and, mostly the news I saw, where super bearish on it. I remember seeing a chart where Hedge Funds where MEGA bearish on it based on Trump news of some sort, however these data was not lying and indeed Hedge funds had the most COT bearish data ever recorded (2024 Xmas), thus the price suffered a great decline since. Now the picture has change dramaticaly; technicals + recent COT are pointing to a MELT UP that can happen from March. Ethereum present us a clear 1, 2, 3, 4 (we're here), 5 - Elliot Wave Count, where we are now in an extended corrective ABCDE pattern ready to blow up with Monthly Demand level, which we are currenly testing. From COT readings, we can see Fund Managers going from -4.250 net positions, to 2095 net positions, meaning that they went from MEGA bearish to VERY bullish in a short period of time. Conclusion, I see a MELT UP incoming in the next months of 2025.
BINANCE:ETHUSDLong
by AlbertFX99
5
USD JPY Monthly Prospective Analysis up to 2060 (updated)This is the idea combined with elliott wave theory(I forgot to mention in the previous upload, but, in my chart, the number 2 wave corresponds to the 3 in the elliott and the 3 to the 5. The number 1 wave is the same as the 1 in the elliott). Up to 2027 the trend is down, bounced at around 85 and then going up all the way to reach around 170 (maybe does not reach 200 yen this time, that would be accomplished more than about 50 years later). Hope to live long to see if its correct!
Short
by slowdive430
Crude Oil Outlook: Bearish Pattern, Triangle Formation, and Key Back in January, despite strong rise, crude oil has seen limited upside and fully reversed the path. This is partly due to the Trump administration’s goal of bringing crude oil prices lower, with plans to refill the US strategic reserves. In fact data from the Energy Information Administration, showing that production has been gradually increasing since summer of 2023, around the time energy prices hit a swing high near $95. Since then, crude oil has consistently formed lower swing highs. So, if the Trump administration will really boost the oil production, it will likely put more downward pressure on energy prices and help ease inflation; the CPI y/y data, which is highly correlated with crude oil prices, could decline as well as shown on the weekly chart (but this will change if / when economy “booms”). From an Elliott wave perspective, we are tracking an ongoing A-B-C-D-E triangle pattern, but wave E could still push prices a bit higher, for a rally in the next few weeks, because the pattern appears incomplete. But, once this triangle concludes, I expect a break to the downside. This would likely coincide with lower inflation expectations as mentioned; thus lower US yields, and a weaker US dollar. Overall, my assumption is that crude oil will eventually break below $64 per barrel in 2025! GH
NYMEX:CL1!Short
by ew-forecast
Gold is looking for $3000 All time HIGH Gold has sparked and reached all time-high and became a haven commodity again. It is still holding a very strong Bullish momentum which means more high records coming up soon. After XAUUSD rejected 2,775 level, it went all the way to break a very strong level which is the monthly level of 2,842 and maintained there for a short time before launching again reaching a new high 2,872. What i am seeing is that Gold will retrace to monthly level 2,842 and get more momentum and then expolde to reach the $3000 level.
OANDA:XAUUSDLong
by YMtradingsystem
Gold’s Bullish Surge Eyeing the $2,700 Breakout! The chart displays a bullish recovery following a significant downtrend, transitioning into an uptrend within a defined ascending channel. A symmetrical triangle breakout during the bearish phase marked the beginning of this upward movement. Key support is identified around $2,600, while resistance levels are at $2,697, aligned with the 100% Fibonacci projection, and $2,728, which corresponds to the 138.2% Fibonacci extension and acts as a potential exhaustion point. The psychological level of $2,700 plays a critical role as a resistance zone. The price is currently near the upper boundary of the ascending channel, suggesting possible resistance and a chance for consolidation or retracement. If the price breaks above $2,700, it could target $2,728 or higher, while a rejection might lead to a pullback toward the midline or lower boundary of the channel. The bullish momentum remains intact, and traders could consider entering on a breakout above $2,700 or on a retracement near the channel’s lower boundary. Targets lie at $2,728 or higher, with stops placed below the last swing low or channel support. This chart signals a strong bullish trend with critical action expected around the $2,700 level.
OANDA:XAUUSD
by wolfchemist
1
EUR/USD – Smart Money Move Incoming!Here’s a **simple and professional TradingView description** for your post: --- 📢 **EUR/USD Wave Analysis – Key Levels to Watch!** 🔥 🚀 **Market Overview:** EUR/USD is following a **five-wave Elliott structure** with a potential **Wave 4 retracement** before further downside. The key zones to watch: 🔹 **Support Zone:** 1.02052 - 1.00923 (Possible Wave 5 target) 🔹 **Resistance Zone:** 1.06664 (Potential Wave 4 completion) 🔹 **Key Level:** 1.02923 (Crucial reaction point) 💡 **Trading Insight:** We may see a short-term pullback towards **1.06664** before the final drop to **1.00923**. Watch for **price reaction at resistance** before entering a trade. 📊 **Patience is key. Follow the structure, manage risk, and stay ahead of the trend!** 🚀 #GreenFireForex #EURUSD #SmartMoneyConcepts #ForexAnalysis #ElliottWave #PriceAction
by Greenfireforex