Fibonacci
XAU/USD Elliott Wave Analysis: Eye on the Powerful Wave 3OANDA:XAUUSD XAU/USD: Elliott Wave Analysis: Eye on the Powerful Wave 3
Capitalizing on Wave 3
Elliott Wave Analysis
Upon inspecting the Gold Spot (XAU/USD) chart:
Wave Count: It appears that the market is currently in the middle of an impulse wave. We are likely in wave three (the most powerful and extended wave), which is typically the most lucrative wave for trading.
Current Structure: The market previously completed waves 1 and 2. Wave 3 is in progress, potentially subdividing into smaller impulsive waves.
Fibonacci Levels:
For wave 3, the Fibonacci extension levels 1.618 and 2.618 are critical for take-profit targets.
For wave 4, a retracement back to Fibonacci levels 0.382 or 0.5 is probable.
Wave 5 should also consider the 0.618 extension for future movement.
Buy Strategy
Entry: After the completion of wave 4 retracement (around Fibonacci levels 0.382 or 0.5).
Take Profit 1 (TP1): Fibonacci extension level 1.618.
Take Profit 2 (TP2): Fibonacci extension level 2.618.
Stop Loss (SL): Below the start of the current impulse wave (wave 4).
Sell Strategy
Entry: After the completion of wave 5, when a new corrective wave is expected to start.
Take Profit 1 (TP1): Fibonacci retracement level 0.382.
Take Profit 2 (TP2): Fibonacci retracement level 0.5.
Stop Loss (SL): Above the recent high.
VIP Signal
Buy Signal:
Entry: 2740
TP1: 2784 (440 pips)
TP2: 2835 (950 pips)
SL: 2720 (200 pips)
Sell Signal:
Entry: 2840
TP1: 2800 (400 pips)
TP2: 2750 (900 pips)
SL: 2860 (200 pips)
This analysis incorporates Elliott Wave principles, Fibonacci levels, and key indicators displayed on the chart to provide a comprehensive trading strategy. Happy trading!
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Digimarc Corp Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Digimarc Corp Stock Quote
- Double Formation
* A+ Set Up)) At 46.00 USD | Subdivision 1
* 1st Numbered Retracement | Uptrend Bias & Entry Settings
- Triple Formation
* 012345 | Wave Count | Subdivision 2
* 2nd Numbered Retracement | Support Area | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
#ML Mintlayer and the battle of the five armies ^^#ML Mintlayer fails to break the $0.2298 zone and faces a violent rejection. It pulls back just as harshly below the initial accumulation zone (golden pocket) to the next Fibonacci level around $0.0484 and is currently consolidating to form a support level in accumulation.
A relatively unexpected move for a project of this caliber.
The key zone/FLIP must act as support before considering higher targets. This refers precisely to the length of the upper wick from the December candle, marked on the chart with a red arrow.
Good luck accumulating, consolidating, or trading!
$KLS - Low Cap Gem #2Altseason is upon us, and now is the time to start dollar-cost averaging into your favorite crypto gems. One of our picks for this altseason is Karlsen TSX:KLS - best characterized as a Smart Contract Platform, Layer 1 and Proof of Work project.
🚀 Why?
Our altcoin picks are based on the following criteria:
High growth potential : Projects with room for exponential gains.
Undervalued : Market cap still flying under the radar.
Limited CEX listings (for now) : Undiscovered gems poised for exposure.
Community-driven momentum : A strong, dedicated community pushing adoption.
High risk, high reward : A speculative but calculated play.
Partnerships and roadmap promises : Indicators of future expansion and relevance.
Potential for major exchange listings : A game-changer that could drive price action.
Circulating Supply Ratio : A circulating supply close to 100%, indicating robust tokenomics and minimizing dilution risk.
🌊 Prerequisites for Thrill and Euphoria
For low-cap altcoins to thrive, specific market conditions need to align. Here's what we're assuming:
Bitcoin follows the 4-year cycle: Maintaining historical trends of market phases.
We remain in a crypto bull market: A rising tide lifts all boats.
Altseason begins: A period of intense growth and volatility for altcoins.
Retail money floods in: Increasing mainstream interest and participation.
Global markets are "healthy-ish": No major economic black swans.
Monetary policy shifts to QE (quantitative easing): A return to liquidity-friendly environments.
💬 What is your top picks for this altseason?
This is not financial advice. Always do your own research before investing.
XAUUSD BUY PROJECTION Hey guys here’s my entry setup for Gold, I’m interested to see if price would retest that zone with a confirmation of a bullish engulfing candle to take buys to the upside but if price doesn’t move that way i won’t execute and will drop another setup update…..let’s see how it goes
Bitcoin Dominance: Elliott Wave and Harmonics Combo (Part 2)MARKETSCOM:BITCOIN Dominance ( #BTC.D / CRYPTOCAP:BTC.D ) indeed started the rise I predicted back in late '22. CRYPTOCAP:BTC rose to the limits, exceeding the 100K Mark.
In #ElliottWave, this is Cycle Wave C (turquoise).
Primary Wave ① (white) completed, with the Corrective Primary Wave ②now in play.
The Correction will pave the way for Alt Season to commence, so the focus will shift to Alt Coins.
#Harmonics are showing #Cypher Patterns, a combo actually, on different degrees.
Bitcoin Dominance ( BTC.D ) Technical Analysis:
* Elliott Wave Impulse: Cycle C (turquoise)
* Harmonic Patterns: Bullish Cyphers
* 88.6% Fibonacci Retracement
* Break-Out with Divergence
* Leading Diagonal in Primary Wave ① (white)
Conclusion:
After a last rise, expecting MARKETSCOM:BITCOIN to top-out and start a Larger Correction.
Alt Season to start and deliver, based on #BTC losing ground.
After this, CRYPTOCAP:BTC to continue ruling, as the one and only #Cryptocurrency.
NQ Power Range Report with FIB Ext - 1/21/2025 SessionCME_MINI:NQH2025
- PR High: 21739.75
- PR Low: 21672.75
- NZ Spread: 149.75
No key scheduled economic events
Major vol session open volatility returning value back to Friday's close
- Abnormal high volume start following holiday
- QQQ gap below 512
- Daily print advertising potential reversal below 21400
- Heightened awareness to instability following Trump inauguration
Session Open Stats (As of 1:25 AM 1/21)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 410.52
- Volume: 204K
- Open Int: 257K
- Trend Grade: Bull
- From BA ATH: -3.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Will ETH take the direction of growth?Hi everyone, let's look at the 1D ETH to USDT chart, in this situation we can see how the price is moving in a downtrend channel, currently there is no indication of which direction it will go.
Let's start by defining the targets for the near future that the price has to face:
T1 = 3357 USD
T2 = 3502 USD
Т3 = 3600 USD
Т4 = 3729 USD
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = 3211 USD
SL2 = 3016 USD
SL3 = 2877 USD
SL4 = 2704 USD
If we look at the MA indicator we can see how the blue line has entered above the orange one, which indicates the entry into a temporary uptrend, where the price may try to continue to grow.
Total2 Market Cap vs BTC Market CapToday we are looking at ratio charts. We plot the ratio of Total 2 Market Cap (Total Crypto Market Cap excluding BTC) to BTC Market CAP. This ratio chart is making new lower highs this BTC Halving cycle. There seems to be no bounce from the lows and Alt coin season seems to be elusive. As we move towards the end of the halving cycle there is very little time left for this Alt season. To reach the previous cycle highs of 1.5 in the chart the Alt Coins have to more than double from here and BTC must remain at this price for the rest of the cycle. For this the total Crypto market cap must reach almost 5 trillion USD, which remains unlikely. A better estimate will be the ratio of Total 2 Market Cap vs BTC Market Cap ratio reaches 1.09 which will be 0.618 Fib retracement level. This 0.618 fib retracement repeats in many instances. The same is true for BTC.D. What do you think?
Today's Market Overview and for Tomorrow Today's Market Overview:
General Trend:
The market seems to be consolidating after breaking key structural levels (BOS and CHoCH). The price is hovering near resistance zones (Premium and EQH) and shows potential for a move toward lower support zones (Discount and Equilibrium).
Key Support and Resistance Levels:
Support Zones (Fibonacci Levels):
The range of $2,690 to $2,684 serves as a critical support area.
Resistance Zones:
The area around $2,718 to $2,725 acts as a strong resistance zone, likely to impede further upward movement.
Scenarios for Tomorrow (January 21, 2025):
If the price breaks above the $2,718 level and sustains, it may target the next resistance at $2,725 or higher.
If the price drops below $2,698, it could retest the support zone between $2,690 and $2,684.
Fibonacci Insights:
Key Retracement Levels:
Based on the chart, critical Fibonacci retracement levels seem to align near $2,705 (0.382) and $2,690 (0.618), making these levels important for potential reversals.
Recommendations for Tomorrow:
For Bullish Traders:
Wait for the price to stabilize above $2,718 and look for buy (long) opportunities targeting $2,725 or beyond.
For Bearish Traders:
If the price breaks below $2,698, short positions targeting the $2,684 support zone could be profitable.
BTC new all time highsOn going FIBonacci price targets of BTCUSD.
112,750 1st target, new all time high.
Resistance likely @ previous 108k all time high.
:: See chart for predictive price path.
--- Mid - Late Feburary price price prediction.
::: Speculative assumption on current BTC price action. :::
***Newest local low and price action suggest the new local low bottom with continuation to the up side.
108k should stabilize - followed by 112,750 new ATH target.
NZDCAD GARTLEY PATTERNHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
BTC Bitcoin goes to $180,000 in June 2024? Price goal 250.000$!Bitcoin's Meteoric Rise: Predictions and BlackRock's ETF Impact
In the ever-evolving landscape of cryptocurrencies, Bitcoin has consistently remained at the forefront, capturing the imagination of investors and enthusiasts alike. As we approach mid-2024, a flurry of predictions and speculations surround the world's most valuable cryptocurrency, with some experts forecasting a staggering rise to $180,000 by June and even setting a price target of $250,000.
Several factors contribute to these bullish forecasts. Bitcoin's limited supply of 21 million coins creates an inherent scarcity, making it a coveted asset in times of economic uncertainty. Additionally, growing institutional adoption, favorable regulatory developments in various jurisdictions, and increasing mainstream acceptance have all played pivotal roles in driving up demand and prices.
One significant development that could further propel Bitcoin's ascent is the potential introduction of a Bitcoin Exchange-Traded Fund (ETF) by BlackRock, the world's largest asset manager. An ETF would provide institutional and retail investors with a more accessible and regulated means of investing in Bitcoin, potentially unlocking billions of dollars in new capital inflows.
BlackRock's entry into the Bitcoin ETF arena could serve as a watershed moment for the cryptocurrency market, legitimizing Bitcoin as a viable investment asset class and attracting a broader range of investors. The sheer size and influence of BlackRock could also lead to increased market liquidity and reduced price volatility, making Bitcoin a more attractive investment option for conservative investors.
However, it's essential to approach these predictions with a degree of caution. Cryptocurrency markets are notoriously volatile, and unforeseen external factors, such as regulatory changes, technological developments, or macroeconomic shifts, could impact Bitcoin's price trajectory.
In conclusion, while the $180,000 and $250,000 price targets for Bitcoin may seem ambitious, they are not entirely out of reach given the current market dynamics and potential catalysts on the horizon. BlackRock's potential Bitcoin ETF could indeed be a game-changer, ushering in a new era of mainstream adoption and pushing Bitcoin prices to new heights. As always, investors should conduct thorough research and exercise prudent risk management strategies when navigating the unpredictable world of cryptocurrencies.
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Adobe (ADBE): Patience Pays Off After 35% RallyFollowing our last analysis of Adobe (ADBE), the stock saw a 35% rally from June to September, only to flush back to our preferred range—a clear reminder of the importance of considering the bigger picture rather than chasing every setup. Six months later, Adobe now trades below our initial analysis levels, reinforcing the value of patience. Currently, the stock has tagged the 61.8% Fibonacci retracement level, showing a promising reaction. However, reclaiming and flipping the key resistance at $446 with strong momentum is crucial. If this level is reclaimed, we will look for a pullback to bid at this key zone.
Should Adobe fail to reclaim $446, another drop toward the $386–$350 support range becomes highly likely. As such, we are not rushing into long positions for the sake of being positioned.
On the fundamental side, Adobe faces critical challenges as investors question its ability to monetize new AI features and fend off competition from emerging startups. These factors will play a key role in shaping the company’s outlook. For now, we remain patient, watching for clear rejections or reclaiming of the key levels.
Key Resistance: $446
Key Support: $386–$350
USDCAD H1 | Bullish Bounce offBased on the H1 chart, price is falling toward the buy entry at 1.44197, which aligns with the 38.2% Fibonacci retracement and for a bullish bounce off the key support level at. This level is expected to act as a strong entry point in the bullish setup.
Our take profit is set at 1.44777, targeting a swing high resistance level, marking a logical exit point for the trade.
The stop loss is set at 1.43675, below the recent swing low, allowing room for price fluctuations while protecting against invalidation of the bullish bias.