EURUSD daily chart - uptrendI entered long EURUSD last week. EURUSD appears to be on uptrend for the time being, for multiple reasons.
- Flat ABC correction pattern formed (Elliott wave)
- Spring formed (Wycoff)
- Cycle bottomed
- Another Fed rate cut is likely on the way (based on the job report last Friday)
Elliott Wave
DXY WAVE ANALYSISThe trend seems to have ended in this timeframe /
Currently, the trend seems to be continuing. I do not recommend trading until the trend ends in this timeframe and lower targets
Make sure to involve less than 2-3% of your total capital and adhere to money management principles
This is just a suggestion for consideration
NVIDIA appears to be approaching the completion of the fifth NVIDIA (NVDA) Chart Analysis
NVIDIA appears to be approaching the completion of the fifth subminuette wave within wave 3 (yellow). This aligns with a smaller impulsive wave structure, signaling a potential short-term peak in this cycle.
Expected Movements:
• Wave 4 Correction: After completing this fifth wave, a corrective wave 4 could emerge, retracing part of the recent bullish move. This correction would likely establish a base for the next rally.
• Grand Supercycle Wave III (Red): Following the wave 4 pullback, NVIDIA may restart a new cyclical 5-wave bull pattern within the grand supercycle wave III. This structure represents long-term bullish potential.
Key Levels to Monitor:
• Support and resistance levels during wave 4.
• The formation of wave 5 for potential continuation or divergence.
JASMY chart appears to be completing an initial five-wave structThe JASMY chart appears to be completing an initial five-wave structure from its lows set in December 2022, a pattern that aligns with Elliott Wave Theory. This pattern suggests the current move is a primary impulsive wave, indicative of the start of a larger trend or a significant counter-trend rally.
Current Situation:
• Fifth Wave Target: The ongoing fifth wave is expected to reach the $0.70-$1.00 region, marking the conclusion of this impulsive phase.
• Corrective Phase Expectations: Following the completion of the fifth wave, a sizeable correction is anticipated, potentially retracing to the Fibonacci levels:
• 38.2% retracement: Around $0.25.
• 61.8% retracement: Around $0.10, depending on where the fifth wave ends.
Key Considerations:
• If the fifth wave demonstrates strength, it could overshoot expectations, possibly invalidating this range.
• The subsequent correction would likely align with standard corrective patterns (zigzag, flat, or triangle), providing entry opportunities for long-term positions.
BTCUSD ELLIOTT WAVE ANALYSIS (( NEOWAVE ))The trend seems to have ended in this timeframe /
Currently, the trend seems to be continuing. I do not recommend trading until the trend ends in this timeframe and lower targets
Make sure to involve less than 2-3% of your total capital and adhere to money management principles
This is just a suggestion for consideration
CHFJPY Wave AnalysisThe trend seems to have ended in this timeframe and we should wait for the start of a downtrend
Trade Entry: Range 171.150
Stop Loss: 172.750
Take Profit: 167.540
This offer has a risk/reward ratio of around 2.5
Make sure to involve less than 2-3% of your total capital and stick to money management principles
This is just a suggestion for consideration
USDJPY Wave AnalysisIt seems that the downtrend has ended in this timeframe and we should wait for the start of an uptrend
Trade entry: 150.000 range
Stop loss: 145.700
Take profit: 158.376
This offer has a risk/reward ratio of around 2
Make sure to involve less than 2-3% of your total capital and adhere to the principles of money management
This is just a suggestion for consideration
DOGE → Consolidation ahead of rally to ATH $0.7400BINANCE:DOGEUSDT is taking advantage of the hype moment and is consolidating after a strong rally. The trigger for rally continuation is the area of 0.45 - 0.46. The coin has all chances to reach ATH
Despite bitcoin speculation, a 10% drop in bitcoin, the main reason for which is profit-taking, doge continues to consolidate and does not react to the market noise. The big player interested continues to buy in the hope of continued growth. Technically, an ascending triangle is forming on the 4-hour chart and consolidation above MA-50, which indicates a rather strong interest from the buyer
Resistance levels: 0.45, 0.463, 0.48
Support levels: 0.422, 0.400
Since the price is still inside the pattern, I don't exclude the possibility of retesting MA-50 or one of the key supports before further growth. But the break of the key resistance will be the reason for further rally towards ATH
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:DOGEUSDT ;)
Regards R. Linda!
Litecoin overviewOn Week or Month chart there is not enough data to count waves. As two base cases I am considering flat correction or a triangle.
So, what is marked as red B can extend higher.
Daily chart looks like this:
And 3h like this:
3 hour chart indicates that we can expect wave 4 now, comparable to wave 2. In this case, I'd expect wave 4 to finish on the edge of the year somewhere around 110-120.
path to 100kgm,
as we continue to consolidate and fear begins to rise, it becomes blatantly clear to me as to what is truly going on.
we're clearly in a fourth wave.
fourth waves are notorious for creating fear, uncertainty, and doubt. they make you question weather the trend is truly over, they bore you with sideways price action which makes you hand over your hard earned coin to the one who is re-accumulating, in preparation for the next mark-up phase.
the person who is accumulating will buy everything you have to sell, 1:1. not a penny more.
whenever you run out of coin to sell, the accumulator will begin the mark-up phase, and you will likely begin to fomo back into the market after awhile, which will cause an aggressive \ parabolic push up.
---
this is a time for accumulation,
not for capitulation.
---
w5 target = 100k
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🌙
bitcoin hits 749k into 2025.gm,
in previous cycles, the duration from cycle low to cycle high has typically been roughly 1,000–1,100 days. currently, we are 742 days in, which suggests we still have about a year until the "expected top." this projected top also aligns with the global liquidity index in q4 of 2025.
the way i interpret this current structure is straightforward:
from the november 2022 low to the march 2024 high, the price action visually resembles five waves up. this is followed by a clean three-wave correction into august of 2024.
from the low in august of 2024, bitcoin appears to have formed a clean five-wave impulse to the upside and is now approaching a top. in theory, once this top is established, we should expect a three-wave corrective move to backtest the previous support. this support corresponds to the 2021/2024 highs and the previous accumulation zone.
hypothetically, backtesting the prior supply zone would likely liquidate many late long positions, providing a full sentiment reset. this reset could allow bitcoin to rebound with significant force, potentially reaching unprecedented levels.
my estimated upside target for q4 2025 is approximately $749,000.
✌️
ps. in my last bullish trade, i pulled at 9,000% trade on btc... and 42 alt trades, some of which ran as high as 22,000%.
view last bull post here:
Bitcoin could go up againHi traders,
Last week Bitcoin finished the Triangle and went to the profit target. After that it dropped and shot up. My main idea is that the bigger (orange) correction turned out to be a Flat (last impulsive leg down was (grey) wave c of the Flat).
So now we could see more upside again.
But it could be that the Triangle (small dotted lines) was wave 4 and the impulsive wave after that, wave 5. So the last very impulsive leg down could be the first leg of a very big correction down. Now if price makes a correction up (maybe into the higher 4H FVG), that could be the case.
Let's see what the market does and react.
Trade idea: Wait for the finish of the small correction down. After a change in orderflow to bullish again, you could trade longs.
If you want to learn more about trading ICT concepts with wave analysis, please make sure to follow me, give a boost or respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals.
Don't be emotional, just trade!
Eduwave
ETH cant withstand USDT.d hard bottomFirst of all we had a good run up for a coin who called dead.
Remember we have been in the 2250 - 2500!! From the lows its a rough 75% up.
ETH couldnt propell up like other coins did, e.g. XLM 5 fold XRP the same...
But now we are here at the big support of USDT.d
Expect hard drops, like no one can imagine at that time.
I painted some arrows with the next Fibonacci but it could also be 1 Fibo line below for each arrow to start and stop.
Only future will tell.
Trade safe and stay in spot market as it brings constant gains over long time.
Forget leverage you will be wiped out of market as i experienced lev trading from 2016-19.
After i stopped that gamble i had profits in my hand and bank account :)
Another drop for goldHi traders,
XAUUSD did not much last week.
It's consolidating in the Daily FVG.
It looks like it's making a Triangle correction pattern (orange wave B).
So next week we could see another impulsive leg down to finish the (orange) A-B-C ZIgzag correction.
Or it turns out that the whole bigger correction is a Triangle and we see the next impulsive wave up after it closed above the Daily FVG. Then you could trade longs.
Let's see what price does and react.
Trade idea: My main idea is the first one.
So I would wait for the sweep of the liquidity above and a change in orderflow to bearish to trade shorts.
If you want to see more from my analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals.
Don't be emotional, just trade!
Eduwave
Little more upside for SPX500USDHi traders,
Last week SPX500USD did exactly what I've said in my outlook. I hope you made a good profit from it.
On Friday price came into the Daily FVG,rejected and went up again.
I think we could see a little more upside to the 1.272 fib extension of the previous impulsive wave but first some consolidation.
Next week we could see price go up some more after a consolidation (lower timeframe wave 4).
Trade idea: Wait for the (triangle?) correction down to finish. After that you could trade (short term) longs.
If you want to see more from my analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals.
Don't be emotional, just trade!
Eduwave
EU is ready to dropHi traders,
Last week EU made a bigger ABC pullback (orange) to the 38.2 fib retracement of the last impulsive wave.
It's clear that it is a correction and not a leading diagonal. Price broke structure but didn't close above it, so the swing low gets weak and I expect it to break.
Last Friday it started the drop already and changed the orderflow to bearish.
I don't expect it to go up once more into the higher Daily FVG's.
Next week we could see a small correction up and a big drop to break the swing low. After that price could drop to the lower Daily FVG to finish wave 5 (black).
Let's see what the market does and react.
Trade idea: Wait for a small correction up on a lower timeframe and trade shorts.
If you want to see more from my analysis, please make sure to follow me, give a boost or respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
NIFTY50.....Seasonlly it has to rise, but.....Hello Traders,
the NIFTY50 has moved to 24857.75 on Thursday December 5th.
The move to this level has been not expected to me, but it overcome the 0.786 Fibonacci of the latest decline from 24234. This higher the facts, that the decline was done @ the low at 23263!
Notice, that @ 24990 the advance from 23263 will be equal in length (a=c)! So at this level, a corrective countertrend move could have end.If so, we should label the chart as a waves a-b-c of b and the next coould be a decline.
It depends on the internal structure of the waves, which pattern will develop.
For now, it is to soon to judge.
A move above 25600 opens the door for a new ATH for N50!
The level of 23826.85 to 23907.55 (smaller rectangle) is now support-area for the next days ahead.
I will update the chartr in the coming days.
Have a great weekend.....
Ruebennase
Please ask or comment as appropriate.
Trading on this analysis is at your own risk.
GBPCAD Wave AnalysisGBPCAD price will move in a downward direction according to the price chart to complete wave E.
Enter the trade around price: 1.80422
Stop loss: 1.82041
Take profit: 1.74477
This offer has a risk/reward ratio of around 3.5
Make sure to involve less than 2-3% of your total capital and adhere to the principles of money management
This is just a suggestion for consideration
Bitcoin - Ultimate bull trap, soon a big crash! (must see)Bitcoin really cannot continue in this parabolic uptrend. Why? Because if yes, it would hit around 600,000 USD by December 2025. Of course that's impossible, so the only option is to slow down. Bitcon still hasn't made any bigger correction in past weeks and is currently facing a very significant psychological resistance of 100,000 USD. I am really not buying because the Moon Boys are back and first we need to see a shakeout and a flash crash.
85k is a very reasonable support because it's the end of the massive FVG (fair value gap) on the daily candles. Also, it's the start of the first price action on the volume profile. This is where you want to buy.
What we cannot miss is the symmetrical triangle on the 4H chart. This to me looks like a bull trap on retail traders because everyone would buy the breakout. So there is still a possibility of making a last push to sweep liquidity (stop losses).
Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. 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!
Alikze »» GRT | Ascending channel - 8H🔍 Technical analysis: Ascending channel - 8H
- In the analysis presented in the weekly time frame , it was mentioned that an AB=CD pattern has been formed.
- It is moving in an ascending channel in the 8-hour time frame.
💎 In the OB area, it can face the demand again by creating demand and liquidity hunt at the bottom of the channel and continue its growth up to the top of the channel.
- Then I expect it to continue its growth to the supply area to form the third wave or wave C.
⚠️In addition, if the correction extends to the Invalidation LVL range, the bullish scenario in the 8-hour time frame is invalidated and must be reviewed and updated again.⚠️
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BINANCE:GRTUSDT