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Wave Analysis

Bitcoin Threat - Last chance is now! Or crash to 40k! (-63%)Bitcoin crashed by 12% in the past few days to 86,800, exactly to the last available support of the whole bull market! This is the last support; otherwise, the bull cycle is over, and we will have a tremendous crash to 40K in 2025/2026. So why is this the last support? First, we need to look at the price action because bitcoin has been going sideways since November. We can clearly see an expanding triangle on the daily timeframe. Expanding triangles are very uncomfortable patterns for traders, as the whales take liquidity on both sides (buyers and sellers). And this is exactly what happened recently: Bitcoin crashed to 86.800 below the previous swing low and took all stop-loss orders from traders while remaining in the expanding triangle continuation pattern. Bitcoin really cannot afford another crash; otherwise, the bears will break the expanding triangle, and the bull market will end. Bitcoin must go up right now! I am bullish until the end, and I still see that Bitcoin is in an uptrend. But if the price falls below 86,800, expect 40k later in 2025/2026, so this is the last chance! What is also bullish? The price is still above the main green trendline. We want to see this trendline hold until the end of the bull market. From the Elliott Wave perspective, the price is starting last wave (5) to finish an impulse wave of higher degree. 125k is a significant resistance because of the 0.618 FIB extension. So, the threat is big for Bitcoin - 125k or 40k? Let me know in the comment section! (write 125k or 40k). Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Long
by Xanrox
149
BITCOIN LONG SETUP BTC LONGG SETUP ENTRY : 75999.6 PROFIT : 90188.7 STOP : 73206 ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. Disclaimer
Long
by bullstraders7
Latest EURUSD update todayHello everyone, great to see you again in today’s discussion on EUR/USD. Currently, EUR/USD has extended its decline, trading below 1.0400, under pressure from recent market developments. The US dollar has regained strength following hawkish statements from the Federal Reserve, reinforcing expectations that interest rates will remain high. Additionally, concerns about Europe’s economic stability and weaker-than-expected economic data have put further pressure on the euro. Looking at the technical setup, the pair has broken below the ascending trendline, confirming a bearish breakout. The bears are gaining control, as there are no signs of a bottom forming yet. If a retracement occurs, EUR/USD is expected to retest resistance around the 0.5 - 0.618 Fibonacci zone, which aligns with the confluence of EMA 34, 89, and a key resistance area, increasing the likelihood of further downside pressure. 📉 The preferred strategy in this scenario remains selling, at least in the short term. 🎯 Target levels: 1.033 and 1.028, with a further target at 1.023. What do you think about EUR/USD? Note: This is just a trade idea, so make sure to set Take Profit (TP) and Stop Loss (SL) properly when trading. Happy trading, everyone! Wishing you all great profits!
Short
by Bullback_FX
XAUUSD Short-Term Downtrend in FocusHello traders, let’s analyze today’s gold price action and strategize for this precious metal! Currently, gold is trading around the $2,880 level in the early hours of the final session of the week, marking its lowest point in over two weeks. The metal remains under pressure due to the recovery of the US dollar, with the USD Index (DXY) rising by 0.7%, making gold more expensive for investors holding other currencies. From a technical perspective, gold is likely to extend its short-term downtrend, as long as the parallel descending channel remains intact and defended by the bears. Additionally, the reversal signals from the EMA 34 and 89 are influencing short-term traders’ sentiment, encouraging continued selling pressure. 🔎 Long-Term Outlook: The market's focus is now on the US Personal Consumption Expenditures (PCE) Index, set to be released later today. If the USD maintains its strength, gold may require more consolidation before regaining momentum. The key support level to watch remains the lower boundary of the price channel. What are your thoughts on gold’s next move? Let’s discuss!
OANDA:XAUUSDShort
by Bullback_FX
1
Bitcoin Dropped Below $80k: Will This Nightmare Will Be Stopped?Hello, Skyrexians! Despite the extreme fear tonight BITSTAMP:BTCUSD continues going down and finally broke $80k. Investors are panic selling right now and don't know what to do. But we pointed out earlier that the most impulsive part of bull run ahead and current dump is just the correction. Let's take a look at the weekly time frame. Here we can see that the potentially strongest reversal signal has been broken. We are talking about divergence with AO. That is the reason why we marked that waves 1 and 2 like you see on the chart. According to this counting we can see that wave's 3 targets are at the $140k and $190k. At the same time we wanna tell you that the strong resistance is located at 1 Fibonacci level at $110k and we have seen it already. Current dump is wave 2 inside wave 3. It has the target between 0.5 and 0.61. The first one has been already reached. We expect reversal from here. Moreover Fractal Trend Detector is showing us bull run support with the green zone and now we see its retest. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
BITSTAMP:BTCUSDLong
by Skyrexio
BTC - Another Theory with Crazy HopeIn my last post on BTC I concentrated on forks and cycles so I thought I’d concentrate on Elliot Wave which presents me with a possible bullish outcome in the coming month. On the 1D timeframe and starting from the bear market low of Nov 2022 EW shows a 5 wave impulse move topping out May 2024. This is followed by a shallow ABC pattern launching into another 5 wave impulse ending with a shallow wave 5 Jan 2025. Presently BTC is in an ABC move down towards the wave 2 pullback where the 50% is sitting at 73.4k. This “may” be another shallow pullback and not get down that far but presently it kinda looks like it might. Once wave 3 starts it could take BTC up towards 260k area. I like this theory mainly because of the global situation in that, there appears to be tons of BTC adoption going on around the world. Whales are apparently buying up BTC a record levels. Smart money is called smart money because well, they’re smart, so why buy in when BTC is gonna drop like crazy. Retail is nowhere to be found. I think retail got lost in the shit for brains meme market and will be way late to this party. My thoughts, not financial advice Oklah. Cheers
Long
by wildboar8