Bitcoin + ALT-SEASON 2025 Starting! (sell here, thank me later)Bitcoin has been pumping heavily in past days! And this trend will likely continue the whole month of October. We have a very likely scenario that will probably happen on Bitcoin, and in this analysis I will tell you which one!
The Elliott Wave theory is one of the strongest tools that you can use to analyze the crypto market. Why? Even banks use this theory, and they pay in gold to expert Elliott wave analysts. What we can see on the current chart of Bitcoin is that we are clearly in wave 3. Wave 1 and Wave 2 are also very clear, so it's really hard to argue against this Elliott wave count because it's pretty much a textbook example. That's very exciting because we can predict the future with a high probability of success. I drew an arrow on the chart so you see this prediction without any misunderstanding. Together with the blue long-term trendline, I think we have an extremely strong resistance. If you sell Bitcoin here and tell everyone that you sold the top at 131K, I would consider it a huge success.
What about an alt season? I expect a strong alt season at the final stage of the bull run! And it should start anytime soon. Buying altcoins seems to be a very clever idea, or exchanging bitcoin for altcoins as well. All we need is the BTC.D or BTCDOMUSDT.P to go down, which you can see for yourself on TradingView.
So I think you see my prediction and I hope you like it! But what altcoins to buy? 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!
Elliott Wave
GOLD → Rally to the psychological target of $4,000FX:XAUUSD hit a new all-time high of $3,950 (+1.7% for the day at the time of writing), continuing its move toward the psychological $4,000 mark. The growth continues despite the strengthening of the dollar and the rally in the stock markets.
Key drivers: The ongoing US shutdown (now in its seventh day): The lack of progress in negotiations and the risk of mass layoffs of civil servants are increasing demand for safe havens.
The probability of a rate cut in October is 100%, and in December, 94%. Weak labor market: Trump's statements blaming Democrats for job losses are fueling pessimism.
Fundamentally, gold remains on an upward trend thanks to the perfect combination of US fiscal risks and soft monetary policy. A breakout to $4,000 seems only a matter of time if the shutdown is not resolved.
Resistance levels: 3,950, 3975, 4000
Support levels: 3920, 3900, 3880
Technically, before reaching the 4000 mark, MM may form a liquidation, especially against the backdrop of the FOMC meeting on Wednesday and the Fed on Thursday. Key areas of interest before growth: 3920 and 3900, behind these areas lies a pool of liquidity that will not prevent the accumulation of energy before the next bull run.
Sincerely, R. Linda!
BITCOIN → False breakout of the all-time high zoneBINANCE:BTCUSDT is rising amid the US government shutdown and testing the all-time high zone and resistance at 123.3K - 123.7K. A false breakout has formed and the market is moving into local consolidation.
The price is reacting aggressively to the retest of the uptrend support. A rally is forming, and Bitcoin is testing the ATH zone. As part of the distribution (14% rally), the price reaches an important resistance zone, behind which lies a liquidity pool - 123.3K - 124.5K. However, the growth ends with a false breakout and subsequent price consolidation in the sales zone. To break through such a strong zone, the market needs significant consolidation, which is currently lacking, and the news that caused the price to grow so strongly has already partially exhausted its potential. Thus, the market may move into consolidation, correction to accumulate potential, or wait for the next bullish driver.
Resistance levels: 123.3K, 123.7K, 124.5K
Support levels: 119.2K, 117.8K
I do not rule out the possibility of a retest of 123.7 - 124.5, but technically, on Friday, the market began a sell-off (profit-taking), forming a sufficiently long shadow on the daily candlestick. In the medium term, I expect a correction to the local break-even and imbalance zone of 119K - 117K before another attempt at growth is made
Best regards, R. Linda!
USDJPY → Gap and retest of resistance on a neutral trendThe Japanese yen opens with a gap in the Asia-Pacific session and forms a distribution, within which it tests the resistance zone of 149.93 - 150.79.
The dollar is rebounding again, provoking a corresponding reaction in the markets. However, based on fundamental data, the decline may continue after the pullback.
Gap in USDJPY, distribution and entry into the resistance zone at high speed, there may not be enough potential for continued growth. There is no trend, the price is in a sideways market. A false breakout of 149.93 may trigger a correction towards the lower boundary of the gap.
Resistance levels: 149.93, 150.79
Support levels: 148.76, 148.09
If the currency pair is unable to continue growing, then a false breakout of resistance can be considered. A return of the price to the range on D1 may trigger a decline to support.
Best regards, R. Linda!
Link UPDATE (1D)LINK is about to complete its accumulation phase. On the daily chart, it’s breaking out of a clearly visible bull flag pattern, and according to Elliott Wave Theory, the 5th wave is now beginning.
If LINK manages to hold above $20, it could be on its way toward a target zone between $34 and $35.
AUDUSD Eyes 0.65900 as Gold Nears Record HighHey Traders, in the coming week we are monitoring AUDUSD for a potential buying opportunity around the 0.65900 zone. AUDUSD remains in an uptrend and is currently in a correction phase, with price moving toward this key support/resistance level.
Structure: The broader bias is bullish, with price retracing toward trend support.
Key level in focus: 0.65900 — an important area where buyers may look to re-enter.
Fundamentals: Gold continues to rise and is nearing a fresh ATH, supported by a bearish US Dollar bias. Given the positive correlation between AUDUSD and Gold, further upside on the pair remains likely.
Next move: Monitoring price reaction at 0.65900 to assess whether the trend resumes higher.
Trade safe,
Joe.
Can NASDAQ Hold 24,600 and Push to New Highs?Hey Traders, in tomorrow’s trading session we are monitoring NAS100 for a potential buying opportunity around the 24,600 zone. NASDAQ remains in an uptrend and is currently in a correction phase, with price approaching a key support/resistance level at 24,600.
Structure: The broader trend is bullish, with price moving within an ascending channel.
Key level in focus: 24,600 — a critical support area aligning with the lower boundary of the channel.
Next move: Holding above this level could set the stage for a rebound toward 25,100, which represents the channel’s upper resistance and potential higher high formation.
Trade safe,
Joe.
SOL Macro - Time for Price discovery?$SOLWeekly RSI has returned to the EQ giving Solana plenty of space for upside growth! Price is attempting to break into all time high but just can’t find the momentum it needs. This is good thing for now, keeping volatility to a minimum!
Weekly R5 Pivot and Fibonacci extension targets are $660. Price is above the weekly pivot showing the uptrend is in tact and may well test it as support again!
Consolidating under resistance for an extended period often leads to a breakout!
Safe trading
RIOT Macro, Higher for Longer!RIOT’s weekly RSI is overbought but can stay like this for many months as price continues upwards, just look at IREN!
Elliot wave (II) completed at the golden pocket. Price is finding minor consolidation at the wave (I) High Volume Node but is expected to break through with current price action and accelerate to $40, the High Volume Node and R5 weekly Pivot. Momentum is in control. Wave (III) has a minimum target of $50, per Fibonacci extension rules.
Safe trading
USDCAD | Yield Gap Supports Wave (y) Push to 1.40
The U.S.–Canada yield spread has widened back toward 1.0%, reflecting hawkish Fed–dovish BoC divergence. This has underpinned broad USD strength and weighed on the CAD.
Technical Lens:
USDCAD has progressed into wave (y) of the corrective structure, breaking through interim resistance and testing the upper channel toward the 1.40 region. The structure remains constructive as long as the channel holds, with the Elliott count framing 1.40 as a key inflection point.
Scenarios:
If the yield gap continues to widen and the channel holds → potential extension to 1.40.
If spreads narrow and price rejects 1.40 → pullback toward mid-channel support near 1.37–1.38.
Catalysts:
U.S. economic data & Fed communication.
Canadian growth signals and BoC policy stance.
Oil price stability (limited CAD support so far).
Takeaway:
The 1.40 zone is the decision point where macro divergence and technical structure converge.
SOLANA UPDATE (1D)SOL is currently at a decision point, mainly due to both the ongoing recession and the delayed ETF approvals.
On the daily chart, it’s getting squeezed inside a large wedge pattern. Normally, it should make one more top before breaking down. However, just to be clear — if price drops below 192, there’s a strong possibility of a sharp sell-off. That’s where both the character shift and wedge breakdown would occur.
Some additional details:
Volume is flat and indecisive. It’s moving in line with the wedge, which isn’t a great sign. Typically, this kind of volume behavior is seen during wedge formations.
The RSI looks unusual — there are both negative and hidden bullish divergences. If you’re wondering which one matters more, it’s the hidden bullish divergence — it’s the stronger signal here.
If the recent high is broken, we could see SOL climbing towards the 270 region, after which we’ll know whether the wedge remains valid. However, in general, the outlook doesn’t look too strong at the moment.
MARA Ready To Finally Move towards $30?MARA’s Elliot Wave (II) retracement front run the Fibonacci golden ratio and has now overcome the weekly 200EMA. The weekly pivot looms as strong resistance $21 just above the first target of our recent trade signal. If wave (III) is underway we should see price begin to accelerate alongside Bitcoin with an initial target of $31 followed by $80 High Volume Node.
Expect price to consolidate at the wave (I) resistance $30 for a while. Weekly RSI is crossed bullishly at the range EQ giving it room to move bullishly!
Safe trading
Remaining strong - ETH weekly update 06 - 12th OctAfter some misconceptions in the past, I am back with new knowledge now. I think Ethereum currently unfolds the 5th wave in the intermediate cycle, which completes the 1st wave in the primary cycle and means the first step towards the end of the bullrun. It is crucial to sustain this pump now, as if not it would signal us that the 4th wave of the intermediate cycle is not completed yet. If so, the alternative scenario comes into play and we would form a drop out of 5 parts. The indicators rather support this move, as the strength of the trend rises and momentum pushes higher meanwhile the RSI enters overbought areas as expected from 3rd waves. Besides that, funding rates are rising as we would like to and the open interest shows inflow. Taking a look at the week in front of us, Jerome Powell is going to have a speech on thursday at the Community Bank Conference. Volatility is expected. On friday we will also receive some economic data like the unemployment rate.
Have a sucessful week,
Phillip
Going Long on the Euro-USDFX:EURUSD
Nice hammer candle today. The trend is up; the trend is your friend. And it seems like it can continue climbing all year to finish its 5th wave impulse, which looks like it is going to be an ending diagonal triangle.
Fed will continue to lower interest rates, which would support the rise of the Euro against the US Dollar.
Going long here with target at $1.22 USD. Stop $1.16 USD. It may take several weeks to reach the target.
Good luck to you.
IREN Wont Quit! Fib extension Analogue targets..NASDAQ:IREN Has ran all the weekly pivot in an astonishing wave III. RSI is extremely overbought.
The next Fibonacci extension targets (analogue scale) are the 3.618 at $59 and the 4.236 at $68 for a wave 3 termination.
Fibonacci log targets are as high as $400 but this seems unrealistic so switched to analogue in this case! Stranger things have happened still...
Safe trading
BTDR Closed above the weekly pivot!NASDAQ:BTDR Wave (3) is underway and price has overcome the weekly pivot for now and bulls want to see this hold! The trend is up, the supports have been tested and the all time High Volume Node is the next target $25.
Fibonacci extension targets are minimum if $38 at the 1.618 with possibility to overextended bringing up the next target of the R5 weekly pivot at $76
RSI is not overbought and has plenty of room to grow, reaching the next leg often kicks in serious momentum!
Safe trading
ETHUSD Breaks The Channel, Pointing Above 5kEthereum has been rising sharply over the last two weeks after only a three-wave retracement from all-time highs, so it looks like a textbook fourth-wave pullback within an incomplete bullish structure that is now ready to resume. We’re seeing a break and push beyond the upper line of the corrective channel, suggesting price is stepping into wave five, so more upside can show up in the weeks ahead.
Ideally, price could rise beyond 5000, possibly even toward 5336, where wave five could match the distance of wave two.
When it comes to potential trading setups, it may be interesting to watch for intraday retracements, especially if we see one while the market still trades below wave three highs. Then, opportunities could show up around the 4350–4500 support area.
GH
NIFTY50.....Sideways trading range!Hello Traders,
the NIFTY50 rose 239 points or 0.97% for the week.
It opened with a gap to the upside, but closed it immediately! Overall, the N50 is trading within a sideways range, from 25449 to 242587.
Chart analysis:
If the N50 extends its short-term gains, the target range is around 25449 and above, to the pink rectangle, from 25523-25654 area.
Extending this further, the next pink rectangle comes into focus in the 26K-26250 area.
To the downside, there is potential to drop to 24478-24295! More bearish potential exist.
As long as the green wave (ii) low is not touched, the labels are still valid in my view If so, the targets to look for are much lower. But one step at a time.
On the upside, there is a chance to rise, after the 25448 has overcome, to 26312-27438 in extension.
This could be a wave (iii), in green, with more bullish potential to the upside.
Well, friends, that's it for today.
Have a great week....
Ruebennase
Please ask or comment as appropriate.
Trade on this analysis at your own risk.
XRP/USD — Breakout Playbook 2-Day ChartXRP — Breakout Playbook (Weekly Context + 2-Day Execution, With Divergences & Wave Map)
1) Market position (where price sits now)
Price is compressing beneath a descending trendline and just under a horizontal range ceiling after a strong upside impulse.
The prior pullback held inside the mapped support box (approx. 2.85–2.64 on the chart), keeping the higher-timeframe up-leg viable.
2) Momentum state & divergences
Now (2-Day): Regular bullish divergence printed into the box: price made an equal/lower low while the MACD histogram made a higher low. This signals seller fatigue into support and raises the odds that a valid break can sustain if participation appears.
Anticipated (near resistance): Regular bearish divergence risk is elevated into 4.46–4.60 and again near 5.05. Expect momentum to lag if the move matures; divergence there often precedes a reaction.
On the throwback: a successful retest frequently forms hidden bullish divergence (price makes a higher low while momentum makes a lower low). That pattern supports the “acceleration” phase.
3) Wave roadmap (now → next)
Primary count on the breakout path
The current advance is mapped as micro A–B–C, with C ≈ A (1:1) clustering in the 4.46–4.60 band; a higher-hierarchy objective resides around 5.05.
After the first clean break, the standard path is: Wave 1 up through the ceiling → Wave 2 throwback to retest the broken trendline/ceiling → Wave 3 extension targeting 4.46–4.60, with potential continuation toward 5.05 if momentum holds.
What qualifies the Wave-2 retest
Pullback respects the former cap (trendline/ceiling acts as support).
The reaction back up shows volume expansion and improving momentum.
The Wave-2 low stays above the Wave-1 origin (structure intact).
4) Breakout qualification (must see both)
Close through the cap and range high on the 2-Day.
Participation: volume clearly above recent average on the break.
→ After that, a weekly close that holds above the level promotes the move from tactical to structural.
5) Path after confirmation (scenarios)
Base scenario — continuation with throwback
Break → throwback to the breakout line (common) → hold → acceleration.
Wave-3 behavior: broad bars, rising participation, momentum improving.
Targets by confluence on the chart:
4.46–4.60 (equality/congestion band) = first reaction zone.
~5.05 = higher decision area; expect a larger battle there.
Alternate bullish — deeper retest first
If the breakout wicks and fails to stick on the first attempt, a deeper retest into the upper half of the support box can still resolve higher, provided weekly structure remains intact and momentum rebuilds.
Bearish/failed break
Pop above resistance without volume, followed by a close back inside the range = false breakout risk; immediate de-risk and await a fresh setup.
A new closing low below ~2.64 (box floor) breaks the structure of the current weekly idea.
6) Risk, invalidation, and management
Tactical invalidation (post-break): a 2-Day close back under the reclaimed level on rising volume.
Structural invalidation: weekly close back inside the prior range after confirmation, or loss of the most recent weekly higher low.
Stop logic: trail beneath successive 2-Day swing lows during the advance; after weekly confirmation, management can widen to weekly swings to respect higher-TF trend.
Profit handling: expect churn and potential bearish divergence at 4.46–4.60; partials are reasonable there. If momentum/volume remain constructive, leave a runner toward ~5.05.
7) Execution checklist (pin next to the chart)
2-Day close above the descending cap and the horizontal ceiling ✅
Volume expansion on the breakout bar(s) ✅
Weekly close holds above the break ✅
Throwback: test of former cap; holds as support ✅
Wave-3 tells after the retest: broader candles, improving momentum, higher participation ✅
Zones to manage: 4.46–4.60 (reaction/divergence risk), then ~5.05 (bigger decision).
Failure tells: quick close back in range, retest breaks down, or fresh weekly lower low → stand down.
Bitcoin and Ethereum Long: Currently in wave 3 of 5Over in this video, I updated the Elliott Wave Counts for Bitcoin and Ethereum and suggest that they could both go higher as we are currently in wave 3 of 5. However, take note that Ethereum is in wave 5 of 3 of 5 and Bitcoin is in Wave 3 of 3 of 5. There is some misalignment between the counts of both cryptos.
Also take note that both are using logarithmic chart.