Daily Outlook on GSVR Guanajuato Silver CompanyThis is my Daily chart outlook for TSXV:GSVR I have added in tranches during the decline looking for the up move which I believe is unfolding now. The chart could unfold in ABC or 12345. Price currently looks like it is ready to breakout of the wave 2 consolidation.
Elliottwaveprojection
CRYPTO: OTHERS (1W)'OTHERS' is an index that tracks the total market cap of crypto excluding the top 10. This is very helpful in determining the performance of alt coins.
Chart shows that there is a current resistance hanging in around the ATH (486.4B). If it breaks, we can likely see targets of around 798.92B as it is trying to complete wave (3) of the wave 5 encircled count. If price decides to reject the resistance rather than breaking, it is still safe to assume that we are in an uptrend as long as the price doesn't enter the area of wave (1) once it reaches 471.66B.
Summary:
Target of Wave (3) - 471.66B or 798.92B
Invalidation - 177.51B
Feel free to comment your thoughts :)
Mastering the Elliott Wave Pattern🔵 Mastering the Elliott Wave Pattern: Structure, Psychology, and Trading Tips
Difficulty: 🐳🐳🐳🐋🐋 (Intermediate+)
This article is for traders who want to understand the logic behind Elliott Waves — not just memorize patterns. We’ll cover the structure, trader psychology behind each wave, and practical tips for applying it in modern markets.
🔵 INTRODUCTION
The Elliott Wave Theory is one of the oldest and most respected market models. Developed by Ralph Nelson Elliott in the 1930s, it proposes that price doesn’t move randomly — it follows repeating cycles of optimism and pessimism.
At its core, Elliott Wave helps traders see the bigger picture structure of the market. Instead of focusing on one candle or one setup, you learn to read the “story” across multiple waves.
2021 BTC TOP
TESLA Stock
🔵 THE BASIC 5-WAVE STRUCTURE
The foundation of Elliott Wave is the Impulse Wave — a 5-wave pattern that moves in the direction of the trend.
Wave 1: The first push, often driven by smart money entering early.
Wave 2: A correction that shakes out weak hands but doesn’t retrace fully.
Wave 3: The strongest and longest wave — fueled by mass participation.
Wave 4: A pause, consolidation, or sideways correction.
Wave 5: The final push — often weaker, driven by late retail traders.
🔵 THE CORRECTIVE 3-WAVE STRUCTURE
After the 5-wave impulse comes a 3-wave correction , labeled A-B-C.
Wave A: First countertrend move — often mistaken as a dip.
Wave B: A false rally — traps late buyers.
Wave C: A stronger decline (or rally in bearish market), often equal to or longer than Wave A.
Together, the impulse (5) and correction (3) form an 8-wave cycle .
🔵 PSYCHOLOGY BEHIND THE WAVES
Each wave reflects trader psychology:
Wave 1: Smart money positions quietly.
Wave 2: Retail doubts the trend — “it’s just a pullback.”
Wave 3: Mass recognition, everyone piles in.
Wave 4: Profit-taking and hesitation.
Wave 5: Final retail FOMO.
A-B-C: Reality check, trend unwinds before cycle resets.
🔵 TRADING WITH ELLIOTT WAVES
1️⃣ Spot the Trend
Identify whether the market is in an impulse (5-wave) or correction (A-B-C).
2️⃣ Use Fibonacci for Validation
Wave 2 usually retraces 50–61.8-78.6% of Wave 1.
Wave 3 often extends 161.8% of Wave 1.
Wave 5 is often equal to Wave 1.
3️⃣ Trade the Highest-Probability Waves
Wave 3 (trend acceleration) and Wave C (correction completion) are often the cleanest opportunities.
4️⃣ Don’t Force It
Not every market move is Elliott Wave. Use it as a framework, not a rulebook.
🔵 COMMON MISTAKES
Over-labeling: Trying to force waves where they don’t exist.
Ignoring timeframes: Waves may look different across scales.
Trading every wave: Not all waves are high-probability setups.
🔵 CONCLUSION
The Elliott Wave Theory isn’t about perfection — it’s about perspective. It helps traders understand market cycles, recognize crowd psychology, and anticipate major turning points.
Use Elliott Wave as a map , not a prediction tool. When combined with confluence — volume, liquidity zones, or trend filters — it becomes a powerful edge.
Do you trade with Elliott Waves? Or do you think they’re too subjective? Share your experience below!
GOLD(XAU/USD): 27 AUG, 2025 Conclusion: Medium term, gold may be moving higher.
Key Points: Gold is set to move much higher, after completing the Triangle pattern.
On the other hand, the other wave count scenario for wave 4)) has ended, and we are moving higher.
No difference, just whether the uptrend is permanent or needs a little more time.
A move above 3,409.040 will trigger wave count #2, and eliminate wave count #1. While price must remain above 3,312.195 to keep both views valid.
BITCOIN(BTCUSDT): 27 AUG, 2025 - BEARISH MARKETConclusion: Bitcoin continues to move lower.
Key Points: Wave 2-red is likely to move lower, targeting levels around 102,387.15 or lower.
There is also another wave count scenario that suggests BTC is bearish in the medium term, however, regardless, the outlook is bearish, no clear bullish market signs are seen at this point.
Invalidation Point: 117,429.
ASX STOCKS SCAN: PLS - 27 AUG, 2025 - BULLISH POTENTIALConclusion: Wave v))green may be moving higher.
Key Points: Wave v))green is extended and subdivides into waves i,ii,iii)purple. Wave iii)purple may now be moving higher, targeting the nearest target at the high of 3.12. While price must remain above 2.07 to maintain this view.
Invalidation Point: 2.07
ASX STOCKS SCAN: S32 - 27 AUG, 2025 - BULLISH POTENTIALConclusion: Wave 3-red may be moving higher.
Key Points: Wave 2-red may have ended as a complex corrective wave, and since 2.84 wave 3-red may be unfolding to move higher. Target a high of 3.59 or higher. While price should remain above 2.84 to keep the weight and confidence for the bullish market view.
Invalidation Point: 2.47
ASX STOCKS SCAN: MIN - 27 AUG, 2025 - BULLISH POTENTIALConclusion: Wave 5-red may be moving higher.
Key Points: Wave 5-red may be extending and subdividing into waves i,ii,iii))green. And its wave iii))green may be moving higher, targeting 48.60 or higher. While price should remain above 34.81 to maintain confidence, the weight of this bullish view.
Invalidation Point: 27.45.
APEUSDT – 1D AnalysisHey traders! 👋
Looking at APEUSDT on the daily chart, we can see that the market has completed a clear 5-wave impulse to the downside. After that strong bearish move, the resistance line was broken, which gave us the first signs of a potential reversal.
From there, we formed a smaller 5-wave impulse upwards, which could very well be wave A of an ABC zig-zag correction. Following that, wave B unfolded in what looks like an irregular correction.
👉 Now, I’m watching closely for wave C to unfold, which should take the form of another 5-wave impulse. According to Elliott Wave guidelines, wave C often equals the length of wave A. However, in this case, wave A was already quite extended, so I wouldn’t be overly optimistic with projections. The minimum correction target has already been reached, but structurally we’re still missing wave C – so I expect it to play out, potentially in the form of a rising wedge.
The good news is that the structure will become clearer as it develops, and we can adjust targets dynamically once price action confirms the pattern. For now, I’m eyeing the green zone as a possible target area for wave C.
📊 Potential Trade Levels:
Entry zone: 0.60 – 0.65 USDT
Stop Loss: 0.51 USDT
Target: 0.99 USDT
⚠️ Important reminder: This is not financial advice – just sharing my Elliott Wave perspective and how I’m viewing the structure right now. The market may develop differently, so please manage your own risk and adjust accordingly. Trade safe, friends! 🙌
ASX LIMITED: 15 AUG, 2025 ELLIOTT WAVE ANALYSISConclusion: Bearish pressure is increasing, wave C)-blue is likely pushing lower.
Key Points: Wave C)-blue is moving lower, targeting 48.12. While price must remain below 73.88 to remain bearish.
On the other hand, when price action moves above 73.88, it is directly suggesting that wave 3)-purple is moving much higher at that point.
©By Hua Chi Cuong (Shane), CEWA-M (Certified Elliott Wave Analyst - Master Level).
BTC and Total Market Cap Daily Wave Count UpdatesIn this video, I have updated my Elliott Wave Counts for #btcusd and #totalmarketcap. My previous expectation for bitcoin to see the zone of 108-107 has now been invalidated while my previous projection for the total market cap is in play as of now.
Make sure to watch the previous videos as well as the one on #ethusdt to gain a better understanding of the logic behind the wave counts.
BITCOIN (BTCUSDT): 13 AUG, 2025 - ELLIOTT WAVE ANALYSISConclusion: Wave iii))-green is continuing to move higher.
Key Points: Wave iii))-green is extending, and subdividing into wave i)-purple to wave iv)-purple. I am not sure if wave iv)-purple is finished, but it should not move lower than 115,720 (Invalidation Point: Wave 4 should not overlap wave 1).
On the other hand, 118,050.11 acts as a key level that price needs to hold higher, to gain confidence, weight for this view.
©By Hua Chi Cuong (Shane), CEWA-M | Certified Elliott Wave Analyst - Master Level
ASX:QBE - 13 AUG, 2025 - ELLIOTT WAVE ANALYSISConclusion: Wave 2))-purple is moving lower.
Key Points: Wave 1))-purple ended at the high of 24.20, wave 2))-purple is unfolding towards 17.38 - 17.50. So there is no convincing evidence of a developing Bullish trend, instead it shows a downward move of the market.
On the other hand, I would only reconsider the bullish market view if the market moves above 24.20 quickly enough, strongly enough.
©By Hua Chi Cuong (Shane), CEWA-M | Certififed Elliott Wave Analyst - Master Level
ASX:REA - 13 AUG, 2025 - ELLIOTT WAVE ANALYSISConclusion: Wave 4)-blue needs more time to complete, then wave 5)-blue can move higher.
Key points: Wave 4))-purple has finished at 62.05 and wave 5))-purple is moving higher. It is subdividing into wave 1)blue to wave 4)blue. Basically wave 4)blue is not completed, because there is not enough convincing evidence, it will probably last longer and develop as a Triangle. After we have more price action, we will know what it is trying to say, for now just wait.
Invalidation point: 180.67 (Wave 4 does not overlap wave 1).
©By Hua Chi Cuong (Shane), CEWA-M | Certififed Elliott Wave Analyst - Master Level
ASX:QAN - 13 AUG, 2025 - ELLIOTT WAVE ANALYSISConclusion: Wave 5)-blue could move higher.
Key Points: Wave 4))-purple ended at 7.55 and wave 5))-purple has been moving higher since then. It is subdividing into wave 1)-blue to wave 5)-blue. Now wave 5)-blue is extended and subdividing into wave 1-red to wave 3-red.
Basically its wave 3-red will move higher, targeting targets around 11.90 - 12.68.
While price must remain above 10.63 to keep this Bullish view valid.
ASX:PLS - 13 AUG, 2025 - ELLIOTT WAVE ANALYSISConclusion: Short-term, wave 2-red is moving lower.
Key points: Wave 2)-blue has ended at 1.070 and wave 3)-blue is moving much higher. It is subdividing into wave 1-red, which has just completed. Wave 2-red is now probably unfolding to push lower, targeting a low around 1.710.
So short-term, this stock is moving lower. Medium-term, it has a lot more to go.
©By Hua Chi Cuong (Shane), CEWA-M | Certififed Elliott Wave Analyst - Master Level
ASX:ILU - 13 AUG, 2025 - ELLIOTT WAVE ANALYSISConclusion: Wave III-green could be moving higher.
Key takeaways: Wave II-green ended as a Double Zigzag at 3.14. Wave III-green then moved higher, targeting the nearest target at 12.83. While price must remain above 3.14 to keep this bullish view valid.
©By Hua Chi Cuong (Shane), CEWA-M | Certififed Elliott Wave Analyst - Master Level
FETUSDT|C&H Setup +100% Breakout MA cluster-A High Quality BreakCup&Handle setup with a high quality breakout the confluent MA cluster—especially the 200-day— as the gatekeeper.
If price hold above the ma200 (and the nearby 20/50) cluster a high-quality breakout and more likely to break the handle and the cup rim.
Here is how I’d weigh it and trade it: DON'T WAIT FOR CUP RIM BREAKOUT
Priority of BUY signal strength indication:
1. Daily close & hold above the ma200 dynamic resistance the most institutions watch - follow BUY
2. Cup handle breakout watch for volume expansion on the break (> 20-day average)
3. Cup rim breakout with a golden cross ma20 reclaim > ma50 curl up is a follow-through BUY
Decision matrix:
- Breaks above key fib level - look for a shallow retest of the breakout line / MA bundle at key fib zone 38.2% - 61.8% liquidity zone for proper trailing stop / limit order.
Target
- TP1 100% fib zone (+50%)
- TP2 extended 161.8% (+100%)
SL slightly below previous low
RR: 3:1
Always trade with affordable risk and respect your stop!