GOAT/USDT Elliott Wave Analysis Short-Term The chart highlights a descending channel pattern integrated with Elliott Wave analysis, indicating possible short-term price movements. Currently, the price is navigating through Wave 4 and nearing a key resistance zone.
Key Observations
The price action reflects an Elliott Wave corrective structure within a descending channel.
The ongoing Wave 4 suggests an upward move towards $0.69, a significant resistance level.
After testing this resistance, the price could retrace to $0.32, completing Wave 5.
Strategic Implications
Watch for potential rejection or breakout signals around the $0.69 resistance zone for short-term opportunities.
The projected dip to $0.32 could be a better area to re-enter for short-term trades.
Focus on confirmation of Wave 5 completion to reassess the trend and strategy.
Short-term traders should remain cautious and agile as the pattern unfolds.
Elliotwaveanalysis
My indicator Small SL big Target only
BINANCE:BTCUSDT
I use a indicator with leading indicator these can find trend reversal ,strong trend ,week trend , usefull small SL big Target , accuracy 60 to 70% but reward was minimum 1:8 maximum 1:25 to 1:35. It's pure price action with advance leading indicator find strong support and resistance also trend lagging lagging indicator given entry with price action of Elliot wave 2nd wave point entry 3 rd wave capture big Target 1:25 to 1:35 also capture c wave target 1:15 to 1:25 entry in b point and 5th wave also capture with point 4th entry for target 1:15
Mr.Million | Long-term View on BTC, Trading Recap, KRW & SamsungI am Mr.Million🤵♂️⚡, and Welcome to my insights guys.
I'm the most winning trader in trading competitions worldwide (5 wins) and hold the record for the highest ROI at 12,300% . I've made more than enough money, so now I'm here to share my analysis with you.
⚡My Long-term View on BTC
Technically, we are near the end of Wave 1 (in white) of Intermediate Wave (3) (in blue), barring an ending diagonal that could extend Wave 1 slightly further.
Personally, I have liquidated 75-80% of all my long-term positions (including altcoins) and am holding a significant portion of my assets in cash, anticipating a possible correction down to $60-70k.
In the meantime, I may take short positions - very cautiously, though - when the wave count gives a clear signal.
⚡Why I Remain Bullish on BTC
In my earlier post, I outlined four (4) reasons why I am still bullish on BTC, even at $100k. One main reason is the continuous buying at the institutional level and the FOMO among various governments to acquire BTC as a reserve asset. With these favorable tailwinds, the current chart behavior for BTC, which may appear weak, is likely a healthy, short-term correction. I believe a potential dip down to $60-70k could be a once-in-a-lifetime buying opportunity, and if it does happen, I’ll be backing up the truck (and the first in line to buy heavily)!
$60 - 70k = Very Strong Buy 🚛🚛🚛
⚡Trading Recap since Dec. 13, 2024
Total P&L since Dec. 13, 2024: + $263,091
For the proof of my P&L, feel free to check out my YouTube live stream from Jan. 3, 2024. (P&L verification begins at the 19:08 mark and my YouTube channel link is in my profile.)
Below is a summary of the trades I took between Dec. 18, 2024 and Jan. 2, 2025.
A short position (Dec. 18, 2024):
Reason for trading: Bearish RSI divergence on both the 4-hour and 15-minute chart.
Took half profits at ~103k and liquidated the entire position ~99k near the trend line (drawn in white) anticipating a potential ending diagonal play (which did not materialize, as the price continued to fall).
A short position (Dec. 26, 2024):
Reasons for trading:
1) ABC correction (in red) with C as an impulse (1-2-3-4-5 wave in white)
2) RSI divergence on the 30-min chart
Took half profits at ~$95.7k and exited fully ~$93.6k (as I did not expect it to reach the low of Wave (B)).
A long position (Dec 30, 2024):
Reasons for trading:
1) Failed breakout below the red horizontal line (previous support level)
2) Bullish RSI divergence on the 30-minute timeframe.
Initiated the long at ~$93k but exited almost instantly ~$92.5k - just below the low of the entry bar - with a small loss, as the price broke below the support line again (the red line) and continued to fall.
Re-entered another long ~$93.2k as the price action showed signs of strength, along with a bullish divergence on the 4-hour chart (not shown here). Took partial profits at ~$94.4k and liquidated the entire position ~$95.2k, falling short of my profit target to attend to other business.
⚡The Korean Won and Samsung Interplay
The South Korean Won is nearing 1,500 against the USD, approaching the levels last seen during the 2008 financial crisis! I do not believe Korea’s current economic and political conditions are as dire as they were in 2008, suggesting that the Korean Won (against the USD) may be due for a correction - barring any catastrophic black swan events. Over time, I expect it to revert to the mean and move toward the trendline (drawn in white) around 1,200. See also the chart above for the RSI divergence on the weekly timeframe.
When/if signs of recovery in the Korean Won begin to show , I anticipate that foreign investors will step in to capitalize on a twofold opportunity - leveraging the recovering Korean Won and the rising Korean stock market valuations. What could be their strategy? Going long on liquid, large-cap Korean stocks - most notably, Samsung. So, keep an eye on the 1,500 level in the Korean Won for a potential reversal. If this happens, consider adopting a contrarian approach and going long Samsung at around 45,000 Korean Won as a long-term investment opportunity (see chart below).
⚡OKX Competition for December 2024 results
Guys, as an official ambassador for OKX, I host trading competitions every month.
The OKX competition for December 2024 has concluded. Out of 1,457 participants, 616 ended up green for the month - that’s 42.3% of you making money trading futures, such a remarkable feat by any statistical measure! 🎉
If you're interested, check out my YouTube channel for competition details and join in to make some serious money! 💸🎯
Trade smart, aim high, and remember: risk management is your greatest ally.
Stay tuned and follow me for more game-changing insights.
Yours truly,
Mr.Million🤵♂️⚡
DAX: Watch 20100-20200 Resistance For A Sell-offThe German DAX is trading slowly for the last few days, here beneath the 20,000 level, which clearly acts as a strong resistance zone. However, I wouldn’t be surprised if more liquidations occur slightly higher, around the 20,100 mark. Because what I’m observing is a minor triangle within current recovery, and these patterns are typically in the middle of smaller trends. This suggests that we might still be missing one final leg in wave B to complete the recovery from December 20th low. After that, a strong bearish reversal could still show up on the DAX, possibly sometime this week.
Be prepared and aware of the potential for a deeper correction ahead.
GH
BIG BIG weekI think 7 FED speakers,
A lot of tension in the markets, tops mean polarisation, considering reflexivity theory extreme volatility will ensue.
A lot of people might think the -0.786 ATH we got before the holidays is the top. I think they are mistaken as seen in the analysis below.
There is still legroom for higher, this is a big bet on my part.
I have a few contracts on the mag7 (GOOGL, TSLA and META) focusing on GOOGL since they seem to be in the same headwind as S&P
Let's see how this plays out
HIVE movement in small time framesElliot wave can be put on the HIVE 1h chart and I expect it to work like this!
what are your thoughts? let me know!
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
👉 Follow me for daily updates,
💬 Comment and like to share your thoughts,
📌 And check the link in my bio for even more resources!
Let’s navigate the markets together—join the journey today! 💹✨
SAND's bullish Movement is not over yet!The price has formed a bullish flag on the daily time frame, and if it breaks out, it can drive the price up to around $0.80.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Elliot Wave Analysis -DOW JONES IND. AVG. (1932-2026)We have done a Loooooooong Term Elliot Wave Analysis starting from 1932 and maybe ending in 2026(or perhaps 2027).
If you see the chart in Normal scale, its parabolically going right up, and these type of moves are really bad for the market. So I have just tried to analyze the waves and hope it might help you to exit the markets at the right time.
Sayo Nara.................
NFLX Elliot Wave, Wyckoff Method with Head & Shoulders PatternIt is not always easy to time a short, but looking at this chart I will share a couple of confluences that are interesting from a technical analysis point of view.
First, there is a 5 wave completion of the Elliot Wave pattern.
Then, based on the Wyckoff method of accumulation to distribution, we can gauge areas of UTAD and LPSY takes place.
Lastly, we can form a Head & Shoulders pattern (a small one) and a neckline.
One can carefully enter the short after the break and retest of the trendline, which is the safest way.
Solana (SOL/USDT) Technical Analysis: Critical Levels and PotentIn this analysis of Solana (SOL/USDT), we dive into the key market structure and Fibonacci retracement levels that could guide the next price movements. The 4-hour timeframe reveals a corrective wave structure with crucial levels to watch, offering an excellent setup for both short-term and long-term traders.
Key Insights:
Retracement Zone Resistance (202.17–208.50 USDT):
The price is currently approaching a significant resistance zone between the 50% (202.17) and 61.8% (208.50) Fibonacci retracement levels of the previous wave.
This area could act as a reversal point, triggering either a continuation to the downside or a breakout to higher levels.
Bullish Scenario:
If the price breaks above the 208.50 USDT resistance, we could see a bullish continuation toward 230 USDT or higher. This move would indicate strong momentum and buyer dominance.
Bearish Scenario and Key Support Zone (160.00–165.30 USDT):
A rejection from the resistance zone could push the price downward toward the highlighted support zone around 160.00–165.30 USDT. This area aligns with key market structure and presents a potential accumulation zone for long positions.
Momentum Indicators:
The stochastic oscillator is currently in the overbought territory, suggesting that a correction or pullback could be imminent. However, confirmation from price action is essential.
Strategy Suggestions for Traders:
Aggressive Traders: Watch for rejection signals in the 202.17–208.50 USDT resistance zone to initiate short positions, targeting the 160.00–165.30 USDT support area.
Conservative Traders: Wait for a clear breakout above 208.50 USDT or a bounce from the 160.00–165.30 USDT support zone to enter long positions with reduced risk.
FORCE MOTORS - ALL TIME HIGH AGAIN ? WHATTTTTTTT....???
HELL YES..
A big OPPORTUNITY in FORCE MOTORS LTD🚀🚀
We saw that this stock was in correction mode since it made an all time high of ₹ 10,100
BUT NOW, it is giving the reversal sign by giving a breakout of downward sloping trendline with good intensity of volume.
* As per ELLIOT WAVES the stock is getting ready to move all time high to unfold the WAVE 5th
* Stock can be a buy on dip till it touches all time high with the same stoploss mentioned in trading plan at the last with expected targets.
Technical view- a simple understanding for beginners
* The stock has given a breakout with good intensity of volume.
* The price changed its structure from lower low to higher high
* Stock price is challenging Upper Bollinger Band in Daily Time Frame
* RSI ( a strength indicator) is above 60 in Daily Time Frame which indicates strong momentum
* All the momentum indicators such as MACD, DMI etc., are giving positive signals.
For those who are new to WAVES, let's Understand the basics of Waves 📈
Key Elliott Wave Principles:
1. Five-Wave Impulse Pattern: The primary trend unfolds in five waves (1-2-3-4-5). Waves 1, 3, and 5 move in the direction of the trend, while waves 2 and 4 are corrective.
2. Three-Wave Corrective Pattern: After a five-wave sequence, a correction typically follows, consisting of three waves (A-B-C) that move against the primary trend.
3. Wave Relationships: Fibonacci ratios play a crucial role in Elliott Wave analysis, often governing the length of the waves.
4. Wave Characteristics: Each wave has its own set of characteristics. For example, Wave 3 is usually the most powerful, showing the strongest price movement, while Wave 5 may signal the final push before a significant correction.
TRADE PLAN
* one can add at current levels and again if it comes down you will get an opportunity to add more till 6500
* Targets - 8000/9000/9500/10000/ All time high
(note- Targets may also react as resistance / hurdle)
* Stop Loss - 6160
* Invest keeping in mind for short to long term view, not for speculation.
* Always invest only after calculating the financial risk with the given stop loss and then decide your quantity.
Thank You
KARANN DINGRA 💰🚀
Velodrome (VELO) Potential Upside – Mirroring Aerodrome’s Rally?If you look at the recent price action of Velodromefinance (VELO) side by side with Aerodromefinance (AERO), there’s an intriguing similarity in the charts. Both tokens had large drawdowns of around –62% over roughly the same time span (about 19–20 days) before Aerodrome launched into a massive rally back in March.
The Setup
Price Action: Velodrome is currently hovering around the lower range after its –62% drop. This consolidation period is often where accumulation happens if buyers are stepping in.
RSI: The Relative Strength Index shows momentum potentially starting to shift from oversold territory, hinting that buying pressure could be building.
Williams %R : Often used as an overbought/oversold indicator, it’s also turning from deep negative territory, another sign that prices might have bottomed and could be poised for a move upward.
Volume: Although Aerodrome’s volume spike was on a smaller absolute scale, the uptick in Velodrome’s volume could be a bullish sign if it continues—higher volume on price upticks usually confirms stronger buying interest.
Why the Bulls Are Hopeful
Similar Trajectory: Aerodrome followed a major correction with a sudden upside push—many are eyeing Velodrome to do the same.
Consolidation Base: When a token spends time “flatlining” near support, it can build a springboard effect if a catalyst (such as new partnerships, listings, or broader market rallies) arrives.
Growing Demand: If Velodrome gains traction in its ecosystem—through staking, new protocol features, or simply community hype—it might attract fresh buyers ready to catch the next wave.
Key Resistance Levels & Targets
$0.20–$0.22: This is the first band of potential resistance where VELO’s last consolidation took place. Breaking above that zone could signal stronger upside momentum.
$0.25+: If momentum really picks up, reclaiming this zone would be a major psychological win. It might open the way for a run back toward previous swing highs.
Risk Factors
As with any crypto asset, there’s no guarantee that Velodrome will mirror Aerodrome’s breakout—market conditions could change suddenly. Always be mindful of potential volatility. Keep an eye on RSI, volume, and overall market sentiment to gauge if the setup remains favorable or if weakness creeps back in.
“And hey, if VELO doesn’t go parabolic any time soon—just tell everyone you’re ‘in it for the technology.’ Works every time!”
Doge(based on NEo wave)last counting failed but there is these 2 bullish scenarios for doge and I think soon we will see a dog which can fly!
one of the ways is complex corrective wave which contains WXY waves and the other one is triangle with ABCDE waves.
in short term the bow tie diametric with G wave (which is not formed yet), I prefer to buy more on G wave.
Not many are looking at this possibility.It may be disappointing to some, but we'd be still on a bullish macro trend. The big last move from early 2023 could be done. I can clearly see the five waves. However, this won't be cyclical due the halving 3 bullish straight years, and that makes me feel "Wave 5 isn't done yet" more than "This time is different." Let's see.
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.
Correction On Cryptos Can Last A bit Longer.
Cryptocurrencies are still in consolidation, and one of the reasons for these pullbacks or slow price action across some coins is the lower volatility caused by the Christmas and New Year holidays. Another key factor contributing to Bitcoin's recent weakness is the sell-off in US stocks at the end of last week. The correlation between Bitcoin and the Nasdaq 100 remains intact, and I believe there’s potential for further weakness in Bitcoin, possibly down to the 90,000 area, especially if stocks continue to consolidate.
What about ALTseasons everyone is desperately waiting on?
In a risk-off environment, even altcoins are unlikely to produce significant gains. It’s extremely difficult, almost impossible to see an ALTseason when there’s both a risk-off sentiment and a declining Bitcoin. For an altseason to emerge, we need a risk-on environment while bitcoin is consolidating...
Grega
SILVER Outlook after the Dip. What to expect NOW?As you can see, the price has repeatedly hit the trendline and then increased. This time, the same situation has occurred, so the trendline can be relied upon. Additionally, a hidden bullish divergence is visible, indicating a potential price increase.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!