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Elliott Wave

Bitcoin at Heavy Support Zone –Will Bulls Defend $110K or Break?Bitcoin ( BINANCE:BTCUSDT ) rose to $114,400 and even higher, as I expected in my previous idea . Of course, Powell's words also played a significant role in this increase. Bitcoin has started to decline after the rebound and is currently trading at a Heavy Support zone($111,980-$105,820) near the Potential Reversal Zone(PRZ) , Cumulative Long Liquidation Leverage($110,157-$109,000) , 100_EMA(Daily) , and Support lines . The question is whether Bitcoin will manage to break the Heavy Support zone($111,980-$105,820) or will it start to rise again. What do you think? In terms of Elliott Wave theory , Bitcoin appears to be completing microwave 5 of the downtrend waves the past two days . Microwave 5 could be completed at Potential Reversal Zone(PRZ) and Cumulative Long Liquidation Leverage($110,157-$109,000) . Also, we can see the Regular Divergence(RD+) between Consecutive Valleys. I expect Bitcoin to rise to at least $113,500 after entering the Potential Reversal Zone(PRZ) or hitting the Support lines . Market conditions may get a little emotional with the US market opening , so please observe money management. Second Target: $114,517 Cumulative Long Liquidation Leverage: $108,000-$106,747 =Important Cumulative Short Liquidation Leverage: $114,246-$113,326 Cumulative Short Liquidation Leverage: $117,939-$115,500 CME Gap: $117,235-$113,800 Stop Loss(SL): $108,670 /If your long position trigger was near the lower lines of the descending channel, it could be =Stop Loss(SL)=$106,417 Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
61
US30 Pullback Toward 45,100 as DXY Weakens on Dovish Fed ToneHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around the 45,100 zone. Dow Jones (US30) remains in an uptrend, with price currently correcting toward this key support/resistance level. Structure: The broader bias is bullish, though price is retracing after recent highs. Key level in focus: 45,100 — acting as a key zone within the ongoing trend. Fundamentals: The US Dollar Index (DXY) faced strong rejection at 98.700 following the Fed’s dovish stance at the Jackson Hole symposium. This bearish dollar sentiment could support US equities due to their negative correlation. Next move: Holding above 45,100 may keep US30’s bullish momentum intact, while a decisive break lower would suggest deeper retracement. Monitoring price behavior at this level to gauge whether buyers step in. Trade safe, Joe.
CAPITALCOM:US30Long
by JoeChampion
27
GOLD → Bullish trend. Pullback before growthFX:XAUUSD continues to gradually storm the 3375-3405 area, paving its way to strong resistance at 3410. The fundamental background is relatively positive, with a bullish trend. Gold has retreated slightly from its two-week peak ($3400), but retains its growth potential against the backdrop of two key factors: Pressure on Fed Chair Lisa Cook is undermining confidence in the dollar and strengthening demand for defensive assets. New tariffs on China and India are reviving fears about global growth, which is beneficial for safe havens. But there are also restraining factors: A strong dollar could limit gold's growth. It is also worth paying attention to Friday's US inflation data (PCE), which will determine the further trend. Soft data will reinforce expectations of a Fed rate cut and push gold higher. Resistance levels: 3386.5, 3393.5 Support levels: 3373.7, 3369.6 Movements up to 3410 may be zigzagging due to the fairly heavy zone of 3375 - 3410 (this can be seen in the volume profile). Focus on local but strong support: 3373 - 3369, the market may test this area before storming resistance 3386 - 3393 for growth to 3405 - 3410. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
33
NZDJPY → A false breakout of resistance will trigger a declineFX:NZDJPY entered a correction phase after a sharp decline. The main trend is downward, with a countertrend movement aimed at consolidating potential before further decline. A countertrend correction is forming against the backdrop of the main downward trend. The current movement may be aimed at hunting for liquidity before continuing its movement. Focus on the resistance zone at 86.67 The currency pair is trading below key resistance within the global downtrend. As part of the correction, the price may test 86.67 - 87.10 before continuing the main trend. Resistance levels: 86.67, 86.97, 97.11 Support levels: 85.97, 85.6 If a false breakout of the key zone of interest forms during the correction without the possibility of continuing growth, we will receive confirmation that the market is ready to move down. Consolidation below the level may trigger a downward impulse. Best regards, R. Linda!
Short
by RLinda
6
Critical - DOT weekly update Aug 27 - 2ndPolkadot has developed a structure that rests on very shaky ground and could flip from bullish to bearish at any time. The main concern lies with the Minor Wave 2, which retraced exactly 100%. According to Elliott Wave rules, a Wave 2 may not retrace beyond the starting point of Wave 1, making this a near-perfect but fragile setup. Nevertheless, given the ongoing correlation with other altcoins, I have kept this scenario as my primary count. From an Elliott Wave perspective, DOT is now positioned at the start of Minor Wave 3, which also aligns with Intermediate Wave 3 and Primary Wave 3. Altogether, this creates a technically solid setup for swing long positioning—provided that the structure holds. The order book shows some clustering around the high of Minor Wave 1, but no significant concentrations beyond that. Similarly, the liquidation heatmap remains sparse, with only minor liquidity pockets at the high of Wave 1. Derivative data confirms this lack of conviction, as funding rates are neither strongly positive nor negative. This reflects a market in uncertainty—neither euphoric nor fearful. Broader macro correlations may also be a factor, especially with Nvidia’s (NVDA) earnings announcement tomorrow. Tech and crypto often move in tandem, meaning the results could play an important role in shaping DOT’s next move. For now, I will wait to see how events unfold, particularly as I am already positioned in Cardano. Positive earnings could act as a catalyst for a potential Wave 3 breakout, while negative results could instead trigger a deeper correction.
BINANCE:DOTUSD
by Phillipklh
WE ARE BACK - ADA weekly update Aug 27 - 02thGiven the current structure, Cardano is most likely completing a 1–2 sequence at the Minor degree within the early stages of Primary Wave 3. This would imply that we are entering one of the most dynamic waves in the Elliott framework. Alternatively, this structure could still be part of a corrective phase, forming a Wave C that drives price to a new local low. However, considering broader correlations across the crypto market, I favor the bullish count. The order book reveals significant buy-side interest around the $1.00 level, which further supports the bullish case. The liquidation heatmap shows no major liquidity clusters, only smaller pockets around the high of Minor Wave 1. Derivative data adds weight to this scenario, with funding rates turning back from negative levels and open interest stabilizing following the Sunday pump. Overall, the broader setup presents a favorable environment for upside continuation. At current levels, the chart offers an excellent opportunity for swing positions, as it is unlikely that price will revisit this area in the medium term. Personally, I intend to position accordingly. Do your own research. Not financial advice.
BINANCE:ADAUSDLong
by Phillipklh
USDJPY Short Update 2: Double combinationI have actually recorded a video for this but then I accidentally cancelled it. The summary is as below: 1. this is still a short idea. 2. Previous analysis yesterday on USDJPY short assumed wrongly that it is a single 3-wave correction. Turns out that it is a double combination. 3. The stop loss is above the Y wave (above 148.185). 4. The take profit, or price to review again this idea, is at the trendline labelled "First Target". Good luck!
Short
by yuchaosng
Bitcoin - Drop to 93k, then pump to 132k (Best plan for 2025!)No one is expecting this scenario on BTC! Bitcoin has been going down in past days; that was predicted very well in past ideas, but I think we will see more downside in the coming weeks. I have the best technical analysis on the internet, so I will tell you why Bitcoin is going to significantly drop! First of all, let's look at all the bearish signs we have on this chart. The first major sign of weakness is this red rising wedge pattern that is currently breaking down. Yes, the trendline of the wedge is breaking down, and we already had a retest, so there is nothing that can stop the price from falling pretty much. From the Elliott Wave perspective, an impulse wave 12345 that is also inside the wedge has been completed, and we are looking for an ABC corrective pattern. The next very bearish sign is this rectangular red range that is very close to a breakdown. But I am giving you this analysis before it happens, so you can react accordingly. That's another big sign of weakness. The next problem is seasonality. As you may know, September is statistically the worst-performing month for Bitcoin—usually Bitcoin falls in this period, so I don't know what you, but I don't want to be long on Bitcoin in this time period. Where to buy Bitcoin again? To answer this question, we need to take the Fibonacci retracement tool and look for the 0.618 FIB, 0.382 FIB, or 0.5 FIB - always use only these 3 levels. I think we may see a deeper 0.618 FIB retracement here because we have a nice blue trendline near this level, so it would be nice to see this confluence. 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!
Short
by Xanrox
228
Bitcoin – Wedge at Wave 5, Exhaustion Signals RisingBitcoin’s multi-year rally from the 2022 lows has unfolded in a clean Elliott Wave impulse. The structure now appears to be entering its terminal phase, with wedge-like price action and weakening momentum suggesting exhaustion. Wave Structure: Wave 1 rose from the November 2022 bottom at 15,479 to 31,035. Wave 2 corrected to 24,920. Wave 3 extended sharply to 73,794. Wave 4 pulled back to 49,577. Wave 5 has pushed into new highs, reaching 124,517 so far. Although 124,517 is a candidate top, the internal structure still leaves room for one final minor push higher before Wave 5 is truly complete. Wedge Formation & Exhaustion: The advance in Wave 5 is taking the form of a wedge-like structure with higher highs , a setup often associated with ending diagonals. Such patterns are typically found in the 5th of 5th wave position, signalling the final stretch of a trend. At the same time, the RSI is diverging — price is making new highs while momentum prints lower highs. This bearish divergence reinforces the case that the rally is losing strength, even as it grinds upward. Correction Outlook: When the Wave 5 top is confirmed , correction targets can be mapped using Fibonacci retracements and prior support zones. Until that point, exact downside levels remain open. What matters is the process: once the rally exhausts, retracements are expected to be swift, and the initial reaction will help define the corrective path. Risk Management: The bearish view applies only after Wave 5 is complete. A sustained break and continuation above 124,517 would suggest Wave 5 is extending further before exhaustion sets in. Traders should respect the possibility of one more thrust higher before the corrective phase begins. Summary: Bitcoin’s 5th wave is nearing completion, likely in the form of an ending diagonal. Price has made higher highs, but RSI divergence points to fading momentum. Once the Wave 5 top is confirmed, correction levels can be projected using Fibonacci tools and prior support zones. Until then, the market remains in its final push, with exhaustion signals growing louder. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
BITSTAMP:BTCUSDShort
by WaveXplorer
SOL - 1H Elliott Wave Analysis - 27.08.25Greetings :) Today we got two scenarios ready for you! Scenario 1: The low of the 20th August is the finished green Wave 2 and the bounce we saw from the support area can be counted as the white 5 wave move up which finished the blue Wave 1. It do be not the pretties 5 wave move up. The sharp drop after the high of the 25th August can be seen as blue Wave 2 and we started the 3rd Wave up. Scenario 2: The low of the 20th August was only the A Wave of a bigger correction and the bounce we saw was an overshooting B Wave which topped on the 25th of August and currently we are working on Wave C down which would then finished the green Wave 2. The next target for the C would be the 1 to 1 FIB at 178.82 USD which is in confluence with the two lower white trendlines we put on the chart. The green Wave 2 support are lies between the 0.5 FIB at 180.84 USD and the 0.786 FIB at 166.08 USD. In either Scenario as long as we hold support we are looking for a aggressive Wave 3 to the upside which should take us to 300 USD+ respectively to a new ATH. We think both scenarios are likely but we lean slightly to Scenario 1. Thanks for reading. NO FINANCIAL ADVICE.
Long
by KanashimiBro
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.
FX_IDC:XAUUSDLong
by ShaneHua
2
GBPAUD → The correction is nearing completion...FX:GBPAUD is set to end the correction formed within the global bullish trend. A false breakdown of the liquidity zone is forming... GBPAUD on D1 is testing a strong support zone, which gives traders hope for a possible recovery. Locally, the chart shows signs of the correction ending... After correcting to 1/2 of the range, GBPAUD is forming a false breakdown of the order block and breaking the bearish structure, confirming the end of the correction. Consolidation above 2.076 could trigger a recovery within the bullish trend. Resistance levels: 2.086, 2.0978 Support levels: 2.076, 2.0715 Despite breaking through the resistance of the local correction, the market must confirm the bullish sentiment. Consolidation of the price above 2.076 will confirm this nuance, and consolidation above the key support may influence further growth. Best regards, R. Linda!
Long
by RLinda
5
EURCAD Divergence + Wave 5 Complete → Correction Ahead?EURCAD ( OANDA:EURCAD ) started to fall after entering the Potential Reversal Zone(PRZ) and hitting the Resistance line . The question is whether EURCAD will continue to fall in the coming hours or not!! EURCAD has already managed to break the Support lines and is moving close to the Support zone(1.612 CAD-1.600 CAD) . Also, we can see the Regular Divergence(RD-) between Consecutive Peaks. In terms of Elliott Wave theory , it seems that EURCAD has managed to complete the main wave 5 , and we should wait for corrective waves . I expect EURCAD to drop to at least 1.601 CAD AFTER breaking the Support zone(1.612 CAD-1.600 CAD) . Second target: 1.597 CAD Third target: Support line Stop Loss(SL): 1.626 CAD Please respect each other's ideas and express them politely if you agree or disagree. Euro/Canadian Dollar Analyze (EURCAD), 4-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
10
Nvida Earnings Next, Can Cryptos Stabilize? Cryptocurrencies stabilized a bit in the last 24 hours while stocks also rebounded yesterday during the US session, but the dollar is still moving sideways. Maybe there will be a bit of slow day ahead, till NVIDA earnings are released. Data will be announced today, after the US close, when we’ll get Nvidia earnings, which should also be important for the crypto space. And if results beat expectations—or in other words if the market moves higher after hours—then cryptos could also do well. Looking at Nvidia’s wave count, price could be eyeing new highs after a bounce from 170 support, so maybe a minor fourth wave has finished and we could even see a gap higher after earnings, with potential resistance around the 200 round figure. If earnings disappoint and price gaps lower, I would still see this as a higher-degree corrective wave four retracement, and maybe some opportunities later on to fill the gap. Key support to watch is around 150, the previous high. So even if there’s some downside, as long as any drop it’s not too deep, I still view this stock as bullish within an unfinished impulse, and whenever Nvidia is ready to print new highs, that’s when cryptos could also stabilize. Grega
NASDAQ:NVDA
by ew-forecast