THE WORSTE scenario for ETH #ETH has a neg pattern in the mid term i think that this coin can make a bigger correction to grab liq at the bottom and after that head to 10K !
Wave Analysis
ETHEREUM (ETH) // The daily structure broke with one impulse, and the correction of this impulse couldn't change to a primary trend expansion.
Yet...
This is the daily chart with the structure break:
If is stays like this (so, the new daily impulse base will stand), and the waves start to build south, the short countertrend's expansion phase will be a nice opportunity to ride the corrective impulse down to the correction fibo 38.2.
If this daily impulse base is taken back by the buyers (on the daily), the primary long trend resumes.
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
$88K-$90K BTC | @jonktrades on XCorrective wave 4 imo for CRYPTOCAP:BTC here with targets at FWB:88K -$90K.
Expanded flat at play here, with entries at the .886 Gartley.
End of the Bitcoin JourneyAfter not posting for a long time, I finally returned to analyzing the market, namely the Bitcoin market. From the chart here we can see the end of Eliotte, namely stage 5 in the 1 week time frame, which means what? That's right, we are at the end of the Bitcoin bullrun.
OK, I will explain a little about the chart that I made;
First, Bitcoin at the end of this year will reach its highest point at $109k-$119k then will fall slowly but still in the $100k area.
Second, Bitcoin will experience a fairly large decline to $60k- FWB:65K , why is that happening? as Bitcoin has a CME Bitcoin GAP in the $80k-$78k area.
Third, Bitcoin will experience a very large decline in March-April 2025, namely it will touch a price of $43k-$45k, why is that happening? because Bitcoin is currently forming a pattern, namely Head and Shoulders, with a low position between $43k-$48k.
What is next? OK, in my opinion, Bitcoin will hit $100k again in 2027, If;
1. Bitcoin support is strong in the $43k area
2. There is no Global Crisis.
If either happens then Bitcoin will hit $10k again. How is that possible? Yep, we forgot something, namely the CME Bitcoin GAP which is in the $9.8k area.
Maybe this is all I can say, and maybe I'll come back a few months from now.
If you find my explanation useful, don't forget to leave a donation in my Binance account with ID: 36103837 to support my idea. I'll just end it here and say thank you.
#Crpto #Total I am still holding onto my primary count. What I think is controversial is the wave that I encircled. Also I want to add that I remain bullish b/c of the nested 1,2 price action from (truq w4) lows. Therefore it should extend to 4.5-4.6 trillion market cap after this correction
btcwas exspecting a small move up to find a sell entry but it didnt play out as expecting.
this looked like a b wave and i changed thus changing my bias to my previous idea and looked for buys on the lower tf
Wave 4The fall of btc can continue until the yellow box. Don't forget that the biggest candlestick in the history of btc was registered on Nov 24. I think that it is logical until the half of this candlestick with the level of 0.50.
84800. Wave 4 is a very time-consuming and tiring wave.
XLM correction phaseMarket still at the correction phase since the bullish take over for 1 month on Nov 2024. Waiting for price action at the end of the correction wave.
The Fibonacci golden ratio (commonly 0.618 or 61.8%) Always PlayThe Fibonacci golden ratio (commonly 0.618 or 61.8%) is a powerful concept in trading and is often used for identifying potential reversal or continuation zones. However, while it is highly effective, it doesn’t always work, as no tool or concept in trading guarantees 100% accuracy. Here's why:
Why Fibonacci Golden Ratio Works:
Natural Patterns: The Fibonacci ratio is rooted in nature and psychology. It reflects patterns that occur in financial markets as traders’ behavior often aligns with these ratios.
Support and Resistance: The 61.8% retracement level frequently acts as a strong support or resistance zone where price reacts.
Widely Used: Many traders use Fibonacci levels, which makes them self-fulfilling to some extent.
Why It Doesn't Always Work:
Market Conditions: Fibonacci levels may fail in choppy or sideways markets where clear trends or retracements don’t exist.
Lack of Confluence: A single Fibonacci level without other confirmations (like trendlines, candlestick patterns, or volume) might not hold.
External Factors: Sudden news, macroeconomic events, or unexpected volatility can overpower technical analysis.
How to Make It More Effective:
Combine with Confluences: Use Fibonacci retracements with trendlines, candlestick patterns, moving averages, or RSI divergence for higher accuracy.
Check Market Context: Apply Fibonacci in trending markets where retracements are more predictable.
Backtest and Refine: Analyze past data to see how well Fibonacci levels align with price action in the assets you trade.
Year 2025 and Beyond: Where to Place Your Bets?S&P 500:
US indices may continue their upward trend until the first quarter of 2025. The ultimate target appears to be above 6300, where they may peak and begin a significant correction. A global stock sell-off could potentially trigger a stock market crash similar to that of 2008.
India's Nifty 50:
India's Nifty 50 may find support around the 23,000–22,700 range and resume its upward movement in the final fifth wave, targeting a peak near 29,000. The Nifty 50 is likely to follow a trend similar to the S&P 500. The bullish cycle that began in 2009 is expected to conclude near the 29,000 level. Subsequently, a significant sell-off in Indian indices could trigger a major bear market, potentially erasing up to 50% of market capitalization from its peak.
Gold:
Gold may continue its consolidation for another month or two. A final surge toward the $3,000–$3,100 range is expected to mark the end of the rally that began in December 2015 at the $1,050 level. However, the bear market in equities is unlikely to spare even the perceived safe haven, leading to a pullback in gold prices as well.
Brent Crude:
Since March 2020, Brent crude experienced a remarkable rise, surging from $15 per barrel to $139 per barrel by March 2022. Over the past 33 months, it has already corrected by more than 47%. Brent crude is still expected to decline further, potentially reaching $50 per barrel within the next 3 to 6 months. However, the current inflationary trend could drive Brent prices beyond $160 per barrel later in 2025, before eventually succumbing to a deflationary trend that may persist for several years.
US Dollar Index:
The US Dollar Index peaked at around 114 in September 2022. Since then, it declined to 100 by July 2023 before starting to rise again in a corrective A-B-C pattern, forming part of a larger (A)-(B)-(C) decline. The Wave C of (B) is expected to conclude near 109, followed by another decline toward 98 by the first half of 2025. However, a renewed bullish trend in the US Dollar Index could reinforce the "Cash is King" narrative during a global equity market downturn.
USD/INR:
The bullish trend in USD/INR, which began in January 2008 at the 39 level, has seen the Indian Rupee weaken by over 60% against the US Dollar over the past 17 years. In the short term, USD/INR may peak around 86. However, the Rupee is likely to weaken further, reaching 90 against the US Dollar by the second quarter of 2025.
US Govt. 10 years bond yield:
The long-term yield on U.S. Government 10-year bond's yield indicates rising interest rates for this decade. In the short term, the yield may ease to 3%-2.6% by the second quarter of 2025. However, fears of a U.S. Government default could push the yield to 10% or higher over the next couple of years. The "Bond Ghost," along with a global equity rout, may haunt investors again in 2025-2026.
Bitcoin (BTC):
Bitcoin's bullish trend may continue until the first quarter of 2025, albeit at a slower pace. BTC still has the potential to reach around $115k-$120k, concluding the bullish run that began in November 2022 from the level of $15,500. Over the past decade and a half, BTC has significantly outpaced any other asset class globally. However, global risk aversion, which may start with an initial global equity market sell-off, could pause Bitcoin's bullish journey for the rest of 2025. Before the end of 2025, BTC might lose up to 50% of its value from its peak.
In the longer run, however, BTC has the potential to become the most valuable asset class globally, even after experiencing a 50% erosion in its value.
BTC big retracementBTC big retracement
M, W, D, 4h divergence occurred. Now waiting 1h Divergence for short entry.
MOCA is at the end of its trend (2H)From the point where we placed the green arrow on the chart, MOCA appears to have formed a large triangle.
It seems that wave C of the large triangle is a double combination, and we are currently in the second part of this combination, which is itself a triangle.
At present, we appear to be in wave c of this smaller triangle. Wave c also seems to be a diametric, and we are now in the final stages of this diametric.
It could reject downward from the red zone.
The closure of a 4-hour candle above the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Long LINK after break 24.85$Very positive signals for an upward movement if the resistance is broken, to continue the wave up to the 27 areas and then go on to break the peak at 30.5.
The Best Phase of the Trend: The Expansion PhaseBeing a successful trader requires the ability to identify the phase of the trend with the highest probability of success.
The best opportunities arise during the expansion phase, where the prevailing trend resumes, pushing the market to new highs or lows.
This phase is characterized by swift, decisive market moves with minimal pullbacks, aligning strongly with the overall trend.
My Trading Steps:
1. Define the Primary Trend on the Daily
Identify the dominant trend (uptrend or downtrend) to establish the broader market context.
2. Look for a Countertrend on H4/H1
Spot corrections or pullbacks against the primary trend, signaling potential setups.
3. Find a Trigger Candle
Watch for a Marubozu-like candle at the zone of the countertrend line break or the last clean, untested breakdown.
4. Exit Rules
Exit the position if the price closes below the trigger line.
5. Take Profits
Target key Fibonacci levels and significant support/resistance zones. a countertrend on H4/H1
This is an 80% Setup: Targeting Fibo 138.2
The strategy has an 80% success rate when the target is set to the Fibonacci 138.2 level, calculated from the closing prices of the correction.
This precise targeting aligns with the expansion phase of the trend, ensuring high-probability entries and exits while maximizing potential profits.
———
We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.
Stay grounded, stay present. 🏄🏼♂️
Your comments and support are appreciated! 👊🏼
EIGEN is on the wavesEIGEN digital currency, a new token that has entered the market with high potential to attract capital.
This currency has formed a floor in the range of 2.30, has passed the first and second wave of Elliott waves and is on the way to the third leg, with a target of around 7 .
This is just a point of view and is not a deal breaker .
Thanks .
BTC H4This analysis is a continuation of the previous one. BTC started a powerful accelerating impulse move in wave 5! The fireworks have begun!!
Tata Power has possibility to correct till 300Tata Power has formed "Bearish Wolfe wave - Three drive pattern"
This has potential to bring down tata power to following targets.
360 - 335 - 300
ZRO from 0.7 then to 0.64 first, before deciding up or down!At this point, it appears that ZRO is undergoing a significant correction toward the $0.46 level. Scenario (b) is outlined below.
In the coming days, ZRO is expected to reach the $7 level before consolidating around the $6.4 level. This point is crucial and should be closely monitored. If the price slides further, it may drop to the $4.6 level before rallying to complete the fifth major wave.
In Scenario (b), if the price at the $6.4 level rises quickly with significant volume, it will signal a direct move into a new third wave (3).
Profit taking planAfter the trump rally i think we might see a fomo pump along with it then massive dump mid to late feb or March. So major profit taking target should be 130-150k range. Because you can never really measure where a market tops out long term.
BTCUSDT SELL SETUP**Explanation:**
**Timeframe:**
Use a 15 timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
Nat Gas Tue 24 DecThe script has become quite volatile. Traders unfamiliar with this volatility or used to the equity market will lose their minds. Nat Gas has crossed the 300 mark and now the nature of the beast has changed. And it is going to get worse and if you're a price action trader then you're going to have a hard time making money. Cause fluctuations are not backed by logic or valuation but by fear in other sectors. People who have studied this market for a long and dedicated their energy and time to this script are going to survive, other traders are going to lose their money and mind eventually. I'll only say "Go back to your playground".
Whoever has dedicated themselves to this craft is going to make money even in the worst conditions. Goodbye and happy trading!
