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Wave Analysis

DIGITAL VALUE: scandalo all'italianaDigital Value, a leading Italian IT services company, was recently embroiled in a corruption scandal. CEO Massimo Rossi was arrested after allegedly delivering a €15,000 bribe to Sogei's general manager, Paolino Iorio. This incident caused the stock to plummet, creating a significant gap on the daily chart and offering traders a compelling opportunity with a favorable risk/reward ratio. Despite the turmoil, the company’s fair value is estimated at $70 per share, with stock market reports from October 4 forecasting highs of up to $120. Major shareholders include OPS and Intesa San Paolo, underscoring the need to prevent systemic contagion risks affecting the involved banks. A textbook case of financial dynamics shaking the market while paving the way for strategic speculation. The setup is currently inactive. Passing the green treshold will activate the bullish setup.
MIL:DGVLong
by saturnv4
Extended 5th in Bitcoin? If it's assumed that Bitcoin is going to back test some prior highs from here, then it's of note that the halfway back is close to the end of intermediate 3, which seems a fair candidate for such a test. Of course it's by no means a done deal that minute degree 5 is complete, but if it were, this might be a count in play, implying an extended intermediate 5th. All speculative at this stage, of course. And not to forget the prior support around the 64k mark - that's also close to the 61.8%, so another level that could be tested.
INDEX:BTCUSD
by JCore7
DAY 2 - Daily BTC Update Yesterday's Update I’ve dropped the chart to a daily timeframe to analyse signals that upward momentum could return. Here's what I’m seeing: STOCH RSI: The indicator is nearing a cross, historically pointing to a potential bounce. 0.236 Fibonacci Level: The current candle at this level is a Dragonfly Doji, which, if confirmed by the next few candles, is often a signal for reversal. Many of you have asked why markets dipped despite the 25bps rate cut. Here’s the insight: Federal Reserve Outlook: The Fed has signalled fewer rate cuts in 2025, tempering market enthusiasm and creating uncertainty in risk assets, including Bitcoin. BTC Exchange Net Outflows: Over the past 24 hours, 4,169 BTC have been removed from exchanges, continuing a two-day streak of net outflows. This suggests a decreasing supply of Bitcoin on exchanges, a possible sign that holders are moving assets to cold storage or other off-exchange wallets, signalling confidence in holding for the longer term. Supply and Demand in Bitcoin Understanding supply and demand is crucial for interpreting Bitcoin’s price movements: Supply: When the supply of Bitcoin on exchanges decreases, as we’re seeing now, it often indicates that fewer people are willing to sell. Holders moving BTC to cold storage or off-exchange wallets typically signal confidence in Bitcoin’s future value and reduce the immediate availability for trading. Demand: If demand for Bitcoin remains constant or increases while supply decreases, basic economic principles suggest that prices will likely rise. Conversely, if demand weakens while supply remains limited, the price can stagnate or fall. Right now, the net outflows from exchanges suggest supply is tightening, setting the stage for potential upward price pressure if demand increases. Now we need to watch and wait for a TETHER print that often happens with increased demand. Please give me a like if this has helped and see you again tomorrow :)
by LisaNEdwards
Fate of altcoin maket If you look at CRYPTOCAP:BTC.D you can notice that what we called "start of altcoin market" was merely 3 week BTC dominance retrace and when true altcoin market starts, you will notice it by very fast change of narrative and rapid altcoin market growth. Anyway, I suppose that movements of Altcoin market capitalization will follow some sort of Elliot waves pattern (something like that). However this altcoin cycle may happen in a very different nature and mostly will be comprised of memecoins, so your old altcoin bought 4 years ago might stay worthless regardless of the altcoin bullish market
CRYPTOCAP:TOTAL2Long
by AlexLukyanin
SPY (S&P 500 ETF) Short Setup – Retracement OpportunityOverview: The SPY (S&P 500 ETF) shows a potential short opportunity, leveraging a confluence of Elliott Wave and Fibonacci resistance. This setup aligns with a bearish corrective pattern, presenting a chance to capture downside momentum amidst macroeconomic uncertainties. 📊 Technical Analysis: Elliott Wave Structure: Wave W completed with a sharp decline, followed by a retracement in Wave X. Anticipating the continuation of Wave Y lower, targeting Fibonacci extensions. Fibonacci Levels: Entry Zone: $598.33–$599.23 (between the 61.8% and 65% retracement). - Stop-Loss: $606.64 (above the 88% retracement to account for false breakouts). - Target 1: $585.78 – Aligns with prior support and Fibonacci extensions. - Target 2: $570.14 – Extended target toward the 1.618 projection. Short Zone Confirmation: The short zone aligns with key resistance levels that previously rejected bullish attempts. 🌐 Macro Overview: Economic Indicators: Rising treasury yields and persistent inflation concerns are weighing on equities, particularly large-cap indices. The Federal Reserve's hawkish stance on interest rates adds pressure to SPY's bullish outlook. Seasonal Trends: Historical December pullbacks in risk assets during rate-hike cycles favor bearish scenarios. Market Sentiment: Investor sentiment remains cautious, with increasing volatility indicating indecision in the broader market. 📈 Trade Plan: Short Entry: Wait for price action to retrace into the short zone ($598.33–$599.23). Risk-Reward: Targeting a 3:1 risk-reward ratio with both short-term and extended profit targets. Caution: Monitor fundamental announcements such as labor market data or Federal Reserve statements, as these could drive volatility and invalidate the setup. 📌 Final Thoughts: SPY offers a clean technical setup supported by a bearish macro narrative. This trade allows for tight risk management while capturing a potential extended downside move. Let me know your thoughts or if you'd trade this setup differently! 🚨📉
AMEX:SPYShort
by MrStockWhale
3
META Long Setup – A Confluence of Fibonacci and Wave SupportOverview: Meta Platforms, Inc. (NASDAQ: META) continues to be a dominant player in the tech space, fueled by its advancements in AI and the ongoing pivot to the metaverse. This setup takes into account both macroeconomic conditions and technical factors to identify a high-probability trade. 📊 Technical Analysis: Fibonacci Levels: The price has retraced to the 61.8% ($583.19) and 65% ($580.34) Fibonacci levels, forming a potential buy zone. These levels have historically acted as strong support during Meta’s corrections. Elliott Wave Structure: Wave (IV) correction appears to be completing near the 0.618 retracement, aligning with the broader uptrend. Expecting a bounce in Wave (V) toward new highs. Key Levels: - Entry Zone: $583.19 - $580.34 (marked by the shaded box). - Stop-Loss: $576.33 (below key support to minimize risk). - Target 1: $606.11 – Alignment with prior resistance. - Target 2: $627.35 – Extension toward the next key level. 🌐 Macro Overview: Tech Resilience in Tight Liquidity Conditions: Despite rising interest rates, META has outperformed the NASDAQ 100 due to its AI-driven growth initiatives and continued monetization improvements in Instagram and WhatsApp. Ad Recovery: Signs of recovery in digital advertising could provide further tailwinds for META, especially as businesses increase ad spending during Q4. AI and Metaverse Bets: Meta's Reality Labs losses have stabilized, and investors are showing increased confidence in their long-term strategy as AI integration becomes evident across their platforms. 📈 Trade Plan: Entry Zone: Wait for the price to approach $583.19–$580.34 to enter long positions. Risk-Reward: This setup offers a strong risk-reward ratio of 3:1, assuming both targets are met. Key Note: Watch for a confirmed bounce from the buy zone before executing the trade. Should the price break below $576.33, the setup will be invalidated. 📌 Final Thoughts: META remains a strong growth stock amidst macro uncertainty. This trade setup leverages both fundamental trends and technical confluences for a calculated entry. Feel free to share your thoughts or ask questions in the comments below.
NASDAQ:METALong
by MrStockWhale
ETHUSD 6 MONTHLYSince its inception, ETH has moved up in a 5-wave pattern, which is now being followed by an ABC correction. Wave A occurred during the last bear market. Currently, we are in wave B, and the market is showing a lot of strength. Wave B should retrace the 5th wave completely and move higher. A move higher than wave 5 will indicate a strong B wave. Depending on where wave B finishes, it will determine whether wave C retraces wave A or not. If the B wave falls between 101-123.6% of wave A, there is still a relatively good chance that wave C will completely retrace wave B. If the B wave exceeds 123.6% of wave A, there is little chance that wave C will retrace all of wave B. If it does, it will still be an irregular pattern. When the B wave exceeds 138.2% of wave A, there is no chance that wave C will retrace all of wave B. I personally can see ETH reaching around $7,000 to $9,000 very soon This is all I can say based on the 6-monthly chart.
INDEX:ETHUSD
by thekidtrader11
$SOLUSD BuyCOINBASE:SOLUSD Technical Analysis This chart suggests the price is in a corrective phase, with confluence around key Fibonacci levels. Divergences in RSI, Williams %R, and MACD support this corrective structure, while the Elliott Wave count indicates the potential for a strong rally in the next impulsive wave. Fundamental Analysis 1. Anticipation of Solana Spot ETFs: Following the successful launch of Bitcoin spot ETFs, there is growing speculation about the introduction of Solana-based ETFs. Such financial products would make SOL more accessible to traditional investors, potentially increasing demand and positively impacting its price. 2. Positive Technical Indicators: Analysts have observed bullish technical patterns in Solana's price charts, suggesting the potential for significant growth. For instance, the formation of a 'cup and handle' pattern indicates a possible upward breakout, with some projections estimating substantial price increases if this pattern holds. 3. Evolving Regulatory Environment: The recent approval of Bitcoin spot ETFs and a shift towards a more crypto-friendly regulatory stance in the U.S. have increased optimism for the approval of Solana-based ETFs. This regulatory shift could enhance Solana's legitimacy and attract a broader investor base. These developments contribute to a positive outlook for Solana, indicating potential for continued growth in the near future.
COINBASE:SOLUSDLong
by FairValueBuffet
1
Get Ready for the Next BUY Signal on HIVEUSDT (D1 Cycle) 🌟 Prepare for the Next Big Move with HIVEUSDT! 🌟 🌍 Market Overview: HIVEUSDT is setting up for its next bullish wave on the D1 timeframe, presenting a solid opportunity for significant gains. 📊 Trade Plan: 📌 Entry: $0.24 - $0.3 – Accumulate within this range to optimize your position. 🎯 Target: x2 or higher – Aiming for substantial profits. ⏳ Hold Time: Up to 2 weeks – Perfect for short-term traders looking to ride the trend. 🔍 Strategy Insights: My custom tool RainBow MG3 highlights strong potential for an upward move. The market setup is aligned with high-probability cycles on the D1 timeframe. 🚀 Next Steps: 💬 Reach out if you need additional support or strategy insights. 💡 Note: This is not financial advice. Always DYOR before trading. 🔥 HIVEUSDT is gearing up for an explosive move – Don’t miss out! 🔥
Long
by rainbow_sniper
2
Prepare for the New Wave with AGLDUSDT 🌟 Prepare for the New Wave with AGLDUSDT! 🌟 🌍 Market Overview: AGLDUSDT is setting up for its next big move on the W (Weekly) timeframe. This is a great chance to accumulate and hold for significant potential gains as the new wave unfolds. 📊 Trade Plan: 📌 Entry: $1.1 - $1.3 – A key range to position yourself early. 🎯 Target: 2x to 5x – Aiming for exponential returns as the trend strengthens. ⏳ Hold Time: 5 weeks – Strategic mid-term hold to align with the weekly cycle. 🔍 Strategy Insights: Using my custom tool RainBow MG3, this setup has been identified as a high-probability opportunity. Market sentiment and technical indicators suggest strong upside potential with manageable risk. 🚀 What You Should Do Next: 💬 Get in touch if you’d like to learn more about my strategies or need support! 💡 Note: This is not financial advice. Always DYOR before making investment decisions. 🔥 AGLDUSDT is gearing up for massive growth – Are you ready? 🔥
Long
by rainbow_sniper
1