Wave Analysis
Elliot Wave Theory Analysis on DOGENew to Technical Analysis here but I am loving my learning journey. Watch this absurdly long video to see my thoughts on where I think we are in relation to past cycles and how after deep thought on the Elliot Wave Patterns I have found it astonishingly lines up to a tee with past cycles. I didn't modify it anyway to make it line up ------ it just did!
Monthly chart Bitcoin, playing out just as expectedIn this analysis, we’ll explore how big news events and market behavior affect Bitcoin's price, focusing on political changes.
Impact of Big News Events:
- When significant news hits, like a change in government, it can drive markets in a certain direction. For example, when Trump won the election, it created a surge of energy that pushed Bitcoin’s price up.
- This shows how big events and public sentiment can cause major shifts in cryptocurrency prices.
Technical Analysis and Market Behavior:
- Technical analysis looks at how traders' emotions and predictions shape market movements. For instance, traders often use the Fibonacci sequence to make trading decisions.
Current Market Situation:
- The chart shows we are experiencing a sell-off, which is a temporary drop in price. This drop is part of a normal correction that we expect to bounce back up from the trend line.
- We’re in the second wave of this new trendline. Elliot wave theory means you can generally expect 5 waves before a major reversal.
The next upward move is expected after all the selling has settled, especially in the long green candle area. (Imbalance to be filled)
Expected Market Behavior:
- In cryptocurrency trading, it’s common to see prices dip below trend lines before bouncing back up strongly.
- We can expect Bitcoin to dip further below the trendline before bouncing back up with more force, like a trampoline. This is 100% necessary to absorb the liquidity of market makers, retail investors, and institutional long positions to rally the digital asset to new heights 😎
That being said, Never trade more than you can afford to lose. DYOR, and keep in mind black swan events can happen like a major war to shift the trend line a different direction
Elliott Wave View: Amazon (AMZN) Short Term May See Further UpsiShort Term Elliott Wave View in Amazon (AMZN) suggests that rally to 242.52 on 2.5.2025 high ended wave III. The stock then did a double three Elliott Wave correction ((W))-((X))-((Y)). Wave ((W)) ended at 221.77 and wave ((X)) ended at 234.81. Wave ((Y)) lower unfolded as a zigzag Elliott Wave structure. Down from wave ((X)), wave (A) ended at 225 and wave (B) ended at 234.81. Wave (C) lower subdivided into 5 waves impulse.
Down from wave (B), Wave 1 ended at 228.06 and wave 2 ended at 233.92. The stock then resumed lower in wave 3 towards 210.7 and wave 4 ended at 213.18. Final wave 5 lower ended at 204.16 which completed wave (C) of ((Y)) of IV in higher degree as the 30 minutes chart below shows. The stock has turned higher in wave V. Up from wave IV, wave (1) ended at 218.16. Pullback in wave (2) is now in progress to correct cycle from 2.26.2025 low before the stock resumes higher. Near term, as far as pivot at 204.16 low stays intact, expect dips to find buyers in 3, 7, or 11 swing for further upside.
75k is INEVITABLE.I published my idea on BINANCE:BTCUSDT how it is forming Double Top pattern and indicators are making divergences in late January. Since BTC hit our first take profit point we might expect little bit of pullbacks and see if it is gonna react to 91k area, but Volume is not looking good that means we might see red candles all the way to 75k area. 75k area was major resistance zone which would work as support this time.
DG Potential BreakoutPrice is showing a nice strength to the upside. With 2 days remaining in the month we can see a new higher high. Today 2/26 showed a retest of a d1 breakout to the upside with rejection. DG is a long term hold and will hit new highs with plenty of gaps to fill. Hopefully February starts the reversal in the consumer staples sector.
Intraday Setup: BTC/USD Supply Zone & Target Area🔹Bitcoin (BTC/USD) 30-Minute Chart Analysis
-▪️ Supply Zone Identified: Price has reacted to a resistance area around 88,752, where sellers previously took control.
-▪️ Bearish Structure: The market remains in a downtrend, with price rejecting the supply zone.
- ▪️Projected Movement: A possible retest of the supply zone before further downside towards the target area near 85,314.
-▪️ Key Levels:
- Resistance: 88,752 (Supply Zone)
- Support/Target: 85,314
▪️Conclusion:
Bitcoin is likely to remain bearish, with short opportunities near the supply zone and a potential move towards lower support levels.
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BTCDetailing the downward movement from the peak so far
It might be like this from what I see, and God knows best,
The price is now trying to hold at price clusters,
A return above $89,000 is good and positive
And the importance of this level is due to it being the last declining peak, a volume candle, and a return inside a sub-channel.
- We follow and evaluate
Two more bullish Bitcoin moves to go for this cycleSee the weekly Bitcoin chart. I have shown the Elliot Wave Count. I believe bitcoin is in intermediate wave (5). I believe minor wave 1 was the move in December to $108,388. I believe the last two months has been an ABC corrective minor wave 2. So the major moves in this bull cycle have been:
11/21/22 $15460 Bull cycle start
4/14/23 $31050 Intermediate wave (1) 100.8% gain in 4.8 months
9/11/23 $24900 Intermediate wave (2) -19.8% in 4.9 months
3/14/23 $73835 Intermediate wave (3) 196.5% in 6.1 months
8/5/24 $49050 Intermediate wave (4) -33.6% in 4.7 months
12/16/24 $106,388 Minor wave 1 of Intermediate wave (5) 121% in 4.4 months
2/26/25 $82111 Minor wave 2? of intermediate wave (5) -24.3% in 2.3 months
6/16/25? $161,000? Minor wave 3 of intermediate wave (5) 96.1% in 3.7 months
7/21/25? $122,000? Minor wave 4 of intermediate wave (5) -24.2% in 1.2 months
10/21/25? $262,000? Intermediate wave (5) and cycle ends 114.8% in 3.0 months
The waves and prices of Bitcoin in the future are an educated guess based on the waves that have progressed thus far. It's for sure not the end of this bull market yet. I'm expecting two more significant run ups to go before this bull market ends. Then I suspect there will be a 70-75% bear market from Oct 2025 to Oct 2026. JMHO
BTCUSDT Potentially BearishBINANCE:BTCUSDT took a really long time before finally loosing the 91,479.96 consolidation support zone, to this effect, I would expect to see price returning to retest that zone as a newly found resistance and if that holds, we just might see price dropping further to (potentially) the 70,000 area.
Results are not typical, do your due diligence before taking any trade as past results does not guarantee future results.
Alt Coin Season Is Here - Elliott Wave AnalysisBased on this Elliott Wave Count on the Others.D chart, it suggests that Wave (IV) has completed and by extension means that Alt Coin Season is here!
Technical confluences at this level:
Monthly 100 Day EMA
23.6% Monthly Fibonacci Level
61.8% Fibonacci Projection Level
Parallel channel that forecasts the completion of Wave (IV)
There are 2 targets, 25% and 34%.
Let me know what you think.
Good luck!
Do Not Sell Anything: BUY or HOLD!I don't know why but there is always something that inspires us to sell at the bottom and buy at the top. Why is this?
Do not sell anything. Do HOLD now and hold easily and patiently because very soon we are going up.
If you are feeling anxious or panicky or just shaky in whatever way, feel free to disregard this feeling because this tends to happen when the market shakes.
Here we have the OTHERS index chart. Notice how trading volume continues to move lower; how the current daily action is sideways; and how today compared to the 3-Feb. low we have a higher low. This is all you need to know.
Bullish volume is also dominant; bearish volume is very low.
This all means that the bottom is already in. We are at the bottom, close to the bottom and this only means one thing; Once the bottom is hit we can only go up.
The worst time to sell is now. The time is now to either buy or hold!
What are you doing today my dear friend?
I am buying Cryptocurrencies at a discount. This is awesome.
Thanks a lot for your continued support.
Namaste.
Huron Consulting (HURN): Business Optimization Drives The Stock Huron Consulting Group Inc. (HURN) is a global consulting firm that helps businesses, healthcare organizations, and educational institutions improve performance, drive innovation, and navigate complex challenges. The company specializes in strategy, technology, and financial advisory services, providing solutions that optimize operations and fuel long-term growth. As digital transformation and operational efficiency remain top priorities, Huron continues to expand its offerings and strengthen its market presence.
The stock chart recently displayed a confirmation bar with rising volume, pushing the price into the momentum zone, which occurs when it moves above the 0.236 Fibonacci level. This signals strong investor confidence and suggests the potential for continued upside as buying interest strengthens.
Using a trailing stop helps traders secure profits while managing risk. By setting stops based on Fibonacci levels, traders can stay in the trade as long as the stock trends higher while protecting gains if momentum slows. This approach prevents early exits while ensuring profits are locked in if the stock reverses.
Nasdaq volatility ahead into close of week!Wonderful opportunity to extract profits from the markets on current Nasdaq futures setup.
Pay close attention to those buy-side & sell-side liquidity zones relative to the doji candle established on the 15min tf. Expect that range to be tested once again into London/NY sessions.
Sell-side liquidity target expected to be reached at 21075-21090 levels, corresponding to 1.272 fibonacci extension target on sell structure. After that, I anticipate a strong buy sequence to 21440's buy-side target