$RENDER bearish triangle or motif wave?I have 2 local Elliot Wave counts for CRYPTOCAP:RENDER the bearish triangle yet to complete wave D which would result in a final thrust down before a new macro uptrend and a (1) (2) with wave (3) started.
The overlapping and slow price action does not suggest RENDER is in a wave as it is not moving impulsively.
Many alts have failed to move from the bottom while others have shined like ETH and XRP etc..
Either this is the new normal behaviour for 'alt season' or we are not actually in alt-season yet with a big move lower around the corner!
Safe trading
COIN-M
$ETH All Time High Soon?CRYPTOCAP:ETH wave 3 is still underway and its the only news you've been hearing about for 2 weeks! The hype is real making the potential top of this move much closer as institutions will be selling into the FOMO soon. There is no better way to trap newbies than a poke above all time high before a savage retracement!
Retracement targets are the daily pivot and rising 200EMA at $3337 the .382 Fibonacci retracement from the wave 2 bottom, just above the weekly pivot point. Daily RSI has huge bearish divergence.
Secondary retracement targets are the weekly 200EMA and S1 weekly pivot sitting at $2250 which could present an incredible buying opportunity before the real alt season!
Analysis is invalidated below $2122
New long signals are building in the DEMA PBR and Price Action strategies so keep an eye out on the Trade Signals Substack as we have made very good profits lately in these markets!
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XRP - The Unpopular Analysis!XRP printed a macro triangle from 2021-2024. Triangles are an Elliot wave pattern resulting in a terminal thrust up in a motif wave before price returns to the bottom of the triangle at $0.28! Now this seems extremely unlikely given whats going on fundamentally but I don't make the rules so don't shoot the messenger!
The motif wave appears to have completed wave 4 bull flag at the $1.6 swing low and wave 5 is underway (which can overextend). Elliot wave count would suggest we are near a major top after one more push up to new highs. More realistic price targets for a deep retracement would be $1.6 again which the ascending weekly 200EMA would catch up to for confluence.
Interested to hear from the other Elliot wave specialists on this count!
Analysis is invalidated below $1.6
New long signals are building in the DEMA PBR and Price Action strategies so keep an eye out on the Trade Signals Substack as we have made very good profits lately in these markets!
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$COIN Price Action playing out exactly as expected!NASDAQ:COIN price action is following the plan laid out a few weeks ago.
After the momentous rally into all time high I was expecting price to have a deep retracement to the weekly pivot point also the golden pocket Fibonacci retracement $240. That is what we got! This values would correspond with a swing below the major High Volume Node support resetting daily and weekly RSI. Daily RSI is already oversold so I am expecting a bounce for wave B of this wave 2 corrective wave with a target of the $350 High Volume Node major resistance.
The weekly 200EMA is ascending and may meet us in the same area adding confluence but this would take a lot longer to play out.
Alternatively, there is also a gap at $215-230 that never got filled at the larger degree golden pocket which would have me upgrade this pullback to wave 2 instead of wave 4.
Bitcoin stocks have all had a decent retracement causing me to upgrade my Elliot Wave count to a completed macro wave 1 with wave 2 now underway, suggesting the best returns are still to come over the next months for this category asset class in wave 3!
Analysis is invalidated if we go to new highs or lose $140. New long signals are certainly building in the DEMA PBR and Price Action strategies so keep an eye out on the Trade Signals Substack as we have made very food profits lately in these markets!
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COIN: Retesting Broken Resistance - Decision Point IncomingCOIN (Coinbase) has pulled back sharply after its breakout run to ~420 and is now retesting the prior resistance zone near 310–315, which previously acted as a lid during Q1.
This area now becomes a classic support-turned-resistance flip and serves as a major decision point for price:
Technical Levels & Setup:
310 horizontal zone = former resistance from February/March → now being retested
Buyers stepping in here would confirm a bullish retest, keeping the breakout structure intact
Failure to hold opens the door for a deeper flush toward 220-250
Price currently sitting on the zone with indecision - watch for confirmation candle (hammer / bullish engulfing)
Measured breakout continuation still targets 450+ if support holds
Is COIN simply back-testing the breakout before another leg higher - or is this the start of a larger reversal?
$FET local ending Diagonal and wave 2 near completion?NYSE:FET was rejected for the 4th time at the daily 200EMA! Each time the probability of a breakout increases.
I have adjusted the High Volume Nodes for accuracy.
Locally Fetch appears to have completed a motif wave up with an ending diagonal for wave 5. Wave 2 is expected to find support at the daily pivot and .618 Fibonacci retracement before attempting a breakout of the daily 200EMA once more.
A move below wave II will invalidate this analysis.
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$ETH Hit Our Targets and was rejectedCRYPTOCAP:ETH hit our signal take profit target at $3820 and was rejected at the High Volume Node EQ to the penny.
That appears to have completed wave 3 of this motif wave. Wave 4 has an expected target of the R2 daily pivot and 0.236-0.382 Fibonacci retracement, $3260 before continuing to the upside in wave 5 with a target of the all time high.
This aligns with my views of a significant pullback at the end of August and September which is typical after a summer rally.
No divergences yet in daily RSI.
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$COIN Wave 4 pullback?NASDAQ:COIN had a tremendous run, a text book Elliot wave 3 but has confirmed bearish divergence on the daily RSI.
The trend is strong so wave 4 could be shallow, only reaching the previous all time high, High Volume Node and 0.236 Fibonacci retracement and daily pivot point between $322-345
Further decline brings up the High Volume Node support at 0.382 Fib retracement and ascending daily 200EMA! Also a highly probable scenario!
Long term outlook remains around $600 target
Safe trading.
$AAVE Daily Hidden Bullish divergence?CRYPTOCAP:AAVE and alts begin their retracement Wednesday but is this a long term top or just local? Im betting we have a higher to go this summer..
Hidden daily bullish divergence is printing on RSI at the daily pivot and 0.5 Fibonacci retracement which should all act as strong support provided BTC doesn't dump.
The 'alt-coin golden pocket' Fibonacci retracement 0.786 sits at the descending daily 200EMA and High Volume Node support offering a secondary target for reversal and continued upside.
Losing this and closing below would flip me bearish until a new bullish signal emerges.
Safe trading.
$SHIB Ready to Move?CRYPTOCAP:SHIB has printed confirmed weekly bullish divergence in RSI and is now attempting to overcome the weekly 200EMA resistance.
A High Volume Node lies just above but a close above this will signal a bullish trend ready to move the initial target of the weekly pivot point followed by the 0.0003579 High Volume Node.
Price completed its retracement to the 'alt-coin' golden pocket 0.786 Fibonacci retracement.
Bearish divergence is currently growing on the weekly RSI but will be diverted with a thrust high!
Is it MEME season? CRYPTOCAP:DOGE also looks ready to go!
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$DOGE Flipping to Bullish Structure!CRYPTOCAP:DOGE is coming to life after a second test of the weekly 200EMA as support and about to make a higher high, cementing in that higher low and flipping the macro structure bullish!
If the count is correct wave 3 of (III) should be powerful! The weekly pivot should put up a challenge as the first resistance before the High Volume Node at $0.45
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$NEAR Weekly TextBook Elliot Wave!CBOE:NEAR Weekly chart is a great demonstration of the text book motif wave followed by ABC corrective wave.
Bullish divergence has printed on the weekly RSI at the S1 weekly pivot support and the 'alt-coin golden pocket' 0.786 Fibonacci retracement. Price is closing in the major resistance High Volume Node.
The upside target is the newly printed weekly 200EMA followed by the weekly pivot and major resistance HVN just above $5.
A terminal target for this cycle may only see NEAR hitting all time highs around $21, the R5 weekly pivot point.
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$RENDER Weekly Brings Clarity!CRYPTOCAP:RENDER weekly chart shows long term strength through the depth of the Fibonacci retracement not even reaching 0.5.
The depth of the recent swing low been so close wave (C) does concern me that the larger correction is not yet over and maybe price does want to visit the 'alt-coin' golden pocket of the 0.618-0.768 Fib retracement Where the would be a High Volume Node (not drawn).
For now the upside target is the weekly pivot but the local chart has a lot of work to do first with daily 200EMA!
Safe trading
$COIN Fun Wyckoff InterpretationHere's a fun Wyckoff-inspired take on Coinbase Global ( NASDAQ:COIN ) over the past few years, mapping its weekly chart to the classic Accumulation Schematic. Wyckoff's method, envisioning the "Composite Man" quietly scooping up shares during weakness before blasting off... fits COIN perfectly, especially in crypto's wild swings.
We can see a textbook multi-year accumulation from mid 2022, a breakout into markup in 2024, and even a cheeky re-accumulation mid-2024 to fuel the latest highs.
Phase A: Stopping the Downtrend
After the initial IPO Coinbase experienced quite a bit of downside pressure.
Eventually price began to range between $40 and $100.
Phase B: Building Cause
Months of boring sideways chop.
Sellers exhausted because let's think for a moment... If crypto was truly going to stick around - how much lower could this thing go?
Smart money absorbs.
Phase C: The Trap
That shakeout low at ~$32 in early 2023. If you study Wyckoff, this is Schematic #1 vibes.
Phase D: Demand Dominates
Explosive rally (SOS) to ~$280 in early 2024, breaking the range on surging volume.
Mid-2024 pullback to ~$150 acts as a mini Re-Accumulation with its own LPS at the low. Higher lows / mitigation confirm no real distribution yet. Another SOS post-re-accumulation, pushing toward $400+.
Phase E: Markup Phase
Where will the composite man be eyeing for the next target?
Overall, Crypto adoption's heating up (BTC ETF flows, regulatory, etc), and the chart's still in a strong uptrend. But remember, Wyckoff's not crystal ball... it can however be used as a roadmap to navigate the chart.
Fun fact: COIN often mirrors BTC, so keep an eye out for correlation.
What's your opinion - accumulation complete or more shakeouts ahead? 🚀📈
Disclaimer: Not financial advice; DYOR! Chart based on weekly data up to July 2025.
$AVAX Ready to breakout!CRYPTOCAP:AVAX looks ready to pop.
High Volume Node resistance and daily 200EMA is clear and now support. We don't want to see price rejected and moving back below this area.
The R5 daily pivot is my first partial take profit $35-36 followed by the major resistance High Volume Node at $48
Daily RSI is overbought with unconfirmed bearish divergence so watch out for this but should be good to run in the mean time. BTC permitting...
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$XRP All time high! Time to sell or...?CRYPTOCAP:XRP appear to have completed wave 3 with a poke above all time high, typically this os behaviour of a wave 5.
The daily R5 pivot point has been breached so there is a significant chance of a decent pullback now but I wouldn't bet against the trend!
Wave 4 could be shallow, targeting the previous all time high, High Volume Node with waver 5 completing near $4.
Daily RSI is overbought but no bearish divergence yet which will likely emerge during wave 5.
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$HBAR Pull Back Started, What is the target?CRYPTOCAP:HBAR doing extremely well, the R5 daily pivot point has been hit and a pull back should be expected before continuation!
It appears wave 3 is now complete and wav4 i expected to pull back to the 0.382 Fibonacci retracement which adds confluence to the High Volume Node in the same place at $0.22 our previous take profit #2 target.
Daily RSI is overbought but no bearish divergence yet! Price behaviour can often pop above the swing high just made to trap new buyers before dumping hard! Watch out for that, that would be the bearish divergence print also.
The next take profit is $0.39
Safe trading
COIN (Update) -- Potential Max Price TargetHello Traders!
Coin seems to potentially have a little bit more steam left. If it does make one more push... where will price go?
At $429.54 we have the All Time High for COIN.. interesting enough that price was hit on the first day of trading for COIN which adds to the significance of this price level. There is also a trendline connected from pivot to pivot. These two factors converge and create a significant level of resistance.
Most likely I will be entering a short position at this level.
Thanks everyone and best of luck on your trading journey!
COIN -- Major Trendlines + Bearish Divergence = Breakdown?Hello Traders!
Today I have shared the chart of COINBASE. Of course we cant know for sure what price will do, however you can take clues and combine them to give you a high probability reading of the chart.
Here are the clues:
1) MAJOR TRENDLINE
2) TRENDLINE
3) BEARISH DIVERGENCE
4) BULL FLAG MEASURED MOVE
When we combine these clues, a very bearish picture is painted... This signals to me that there is a high probability price will likely reverse and trade to the downside in the near future.
I hope everyone enjoyed this post and is able to use it as an educational tool.
Thanks everyone and best of luck on your trading journey!
$XRP All Tie High After Shallow Pullback?CRYPTOCAP:XRP had a fantastic week smashing all resistances. I am looking for a shallow pull back to test the High Volume Node support at $2.7 at the .236 Fibonacci retracement before continuing to challenge the all time high.
Wave (3) of a motif wave appears complete adding confluence to a shallow retracement for wave (4).
Daily RSI is extremely overbought.
Safe trading
$ETH Pullback to $2630 Support?CRYPTOCAP:ETH has a great week pushing through resistance and making new local highs after testing the daily 200EMA and daily pivot as support.
Price is likely to retest the swing high and previous resistance as support around $2600-2700, also the .382 Fibonacci retracement.
RSI is printing daily bearish divergence in overbought from the wave (3) top to current as it did at the wave (5) top seeing large rejection. The retest of $2600 would reset RSI.
Price is ultimately set to test $3600 as the next resistance if the Elliot wave count is correct.
Analysis is invalidated below $2050
Safe trading
$AAVE Macro outlook Grinding the PathCRYPTOCAP:AAVE continues to grind higher poking above the swing high which was rejected to test the weekly pivot and .382 Fibonacci retracement as support successfully. This was a shallow wave 2 so I am expecting a big thrust up in wave 3. However, the alternative count could suggest a wave is only completing now with wave 2 actually being wave (4) of 1, this would be the case if price falls back below $171.
Weekly RSI is still bullish with plenty of room to rise ahead of it. It printed a weekly bullish divergence at the wave II low and major support high volume node.
AAVE is definitely one too watch this cycle.
Safe trading
$XRP Macro Tiangle Final Thrust ContinuationCRYPTOCAP:XRP completed a macro triangle pattern last year. Triangles proceed a terminal motif wave which already completed a wave 3.
Wave (3) of (5) is underway with a terminal target around $5.7 after price broke out of the pennant / wedge pattern.
Weekly RSI confirmed bullish divergence.
Safe trading






















