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Elliott Wave

BTC - 1H Elliott Wave Analysis - 23.08.25Greetings, we did briefly break the 112k level which was followed by a bounce yesterday. We assume the move down from the ATH was only the Wave A of a bigger correction displayed as yellow ABC. The resistance area of the B Wave lies between the 0.382 FIB at 116397 USD and the 0.886 FIB at 123000 USD. The bounce from around 111600 USD is counted as Wave A or 1 and now we are working on the Wave B or 2. The support area lies between the 0.382 FIB at 115084 USD and the 0.886 FIB at 112263 USD. If this is a Wave 2 we preferably stay above the 0.786 FIB at 112817 USD. If it is a Wave B it could go bit lower. We also have some further support right below the last low at around 111500 to 110500 but we deem it more likely to see a bounce earlier. Remember that we have a bigger support area below that goes down to around 103k. In both cases as deem a retracement into the support area and a move up in either the Wave 3 or C as most probable. At the moment we can't determine which count it is but after the next move up we would want to see a Wave 4 and 5 in the impulsive count or alternatively the break of this Wave 4 support area would shift probabilities even more towards the yellow ABC which we already think is more likely. Thanks for reading. NO FINANCIAL ADVICE.
Long
by KanashimiBro
USDT DOMINANCE UPDATEThe market is currently entering a well-anticipated minor bearish phase. Many altcoins have formed bearish price action patterns, and several indicators are signaling that a stronger downward movement may be imminent. So far, the USDT.D chart has been very reliable, and its daily bearish outlook remains intact. Of course, the market cannot always stay bullish — a correction here is both expected and necessary to maintain balance. As mentioned in my previous analysis, many alts are already starting to weaken. USDT dominance looks ready to break down a key trendline, which could trigger even more sell-offs. Keep an eye on the 4.50% level — this should be the first area to consider taking profits from short positions. Bonus: This weekend, a significant amount of staked ETH will be unlocked. Once released, selling pressure is likely, which could lead to a sharp correction in ETH. Good luck.
CRYPTOCAP:USDT.DLong
by vs_sayin
ETH/USDT: Final stages of Wave 3> Wave structure: ETH appears to be completing black wave (3), with signs pointing to an imminent wave (4) corrective move. > RSI warning: Bearish RSI divergence suggests weakening momentum—typical before a wave (4) pullback. > Wave (4) target zone: Correction likely into $3,800–$4,000, aligning with previous structure and acting as a potential accumulation zone. > Strategy: Wait for a pullback into the blue zone to accumulate on weakness, aiming for a breakout toward black wave (5).
by Stoic-Trader
Tesla’s Breakout Test: Impulse or Fakeout?Tesla’s recent price action is stirring interest again, not just for retail traders but also for chart technicians who track Elliott Wave structures across global equities. After a deep corrective phase that carried price down from 488.54 to 217.02 , Tesla has been carving out a multi-layered corrective structure. Here’s the breakdown: Wave W completed into 217.02 , marking a sharp low. This was followed by a complex X wave , which included an expanded flat where the B-wave unfolded as a triangle — a rare but valid corrective formation. Wave Y then ended with a contracting triangle, neatly completing the W–X–Y correction near 297.82 . From that point, Tesla appears to have begun an impulsive sequence: Wave 1 and 2 are already visible, with the 297.82 low as the key invalidation level. A decisive break and close above 367.71 would confirm the onset of Wave 3, targeting 397.38 (1.618× Wave 1). Momentum is supporting the structure: RSI has reclaimed the 50 level, hinting at renewed strength. What Next? If the count holds, Tesla could be in the early stages of a larger impulsive rally, with Wave 1/A projecting toward the 400–420 zone . However, traders should remember that breaking below 297.82 invalidates the impulsive outlook and revives the broader corrective scenario. 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.
NASDAQ:TSLALong
by WaveXplorer
$HBAR Macro Chart - Ready for wave 5 of (1) of 3 up?CRYPTOCAP:HBAR appears to be printing a wave 4 triangle above the weekly pivot point. This implies the next move would be a terminal wave (5) of 1 of (3) likely completing with a poke above all time high to trap FOMO novice investor / traders. Classic Elliot Wave. Wave 2 of (3) has a high probability of ending at the wave 4 triangle base which is the weekly pivot and 0.236 Fibonacci retracement adding confluence. This fib level support would indicating continued trend strength. If it is a wave 1 of (3) is completing then we can expect the long term target to overextend the weekly R5 pivot point of $1.16, possibly reaching $3. Weekly RSI remains at the EQ so plenty of room to grow. Analysis is invalidated below the weekly pivot. Safe trading
COINBASE:HBARUSD
by Maddox_Metrics
1
Ethereum Update: CHoCH Confirmed – Waiting for BOS & Wave C! As mentioned in my previous Ethereum analysis, ETH has completed its 5-wave impulsive rally and is currently inside wave B of a corrective ABC structure. Wave B often breaks above the wave ⑤ top to trap liquidity before a sharp wave C sell-off. 📊 Latest Price Action (30m TF): • ETH has already shown a CHoCH by breaking the first key support at $4,753 and retesting it. • The next crucial support lies at $4,613. If this level also breaks, it would confirm a BOS (Break of Structure) and strengthen the bearish case. 🔀 Two Possible Scenarios from Here: 1. Price retests the broken $4,753 level as resistance → then resumes the downtrend. 2. A deeper pullback toward $4,845 (acting as a left shoulder liquidity zone) → before the real wave C decline begins. 🎯 Trading Strategy: • Wait for confirmation of BOS at $4,613. • Once confirmed, look for bearish entry triggers (CHoCH / MSB) on lower timeframes. • First targets: $4,100 → $3,800. • Stop-loss invalidation above the swing high at $4,845 to maintain strict risk control. ⚠️ Remember: patience is key. Don’t get trapped in wave B’s fake breakouts — let the structure confirm wave C. 👉 Like & Follow to stay updated as we track ETH’s potential wave C move step by step!
Short
by CryptoPilot
4
GOLD → Consolidation and news. What are the chances for growth?FX:XAUUSD is consolidating in a symmetrical triangle pattern. Market uncertainty remains high. The global trend is bullish, while the local trend is neutral. What can we expect from gold? Gold is falling ahead of Powell's speech in Jackson Hole. The dollar is strengthening on strong US economic data (housing sales and PMI growth), which reduces the likelihood of an early easing of Fed policy. Key factors: Powell may confirm a cautious approach to rate cuts. The probability of a rate cut in September has fallen to 75%. The rise of the dollar as a “safe haven” is putting pressure on gold Scenarios after the speech: Hawkish tone from Powell → dollar rises → gold falls below $3300. Soft signal → dollar correction → gold recovery Technically , the gold casino continues and it is difficult to determine in advance which way the symmetrical triangle will break, but if we bet on a bullish trend and the likelihood of an imminent interest rate cut, the most likely scenario is a rebound from the support zone followed by a breakout of resistance and a rise to local levels Resistance levels: 3350, 3358, 3370 Support levels: 3323, 3320, 3315 A false breakout of the key support level, which is being defended quite aggressively by the bulls, could trigger an active recovery phase. However, it is important to keep an eye on Powell's speech, as well as Trump's, who will also be commenting this afternoon. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
10
BITCOIN → Retest 112K - 110K before growthBINANCE:BTCUSDT.P is stuck within the trading range of 112K - 123K. The false breakout of the ATH ended with a reversal of the local trend and a bearish distribution phase, which may target the liquidity zone at 112 - 110K. The market remains bullish, with no fundamental changes for the cryptocurrency market and the situation remaining positive. Technically, we are seeing a countertrend correction within the bullish trend. Bitcoin is in a distribution phase. A local downward trend is forming, directed towards the zone of interest 112 - 110K. After a local upward correction, the downward movement may continue due to an imbalance of forces and a high level of profit-taking. Globally, on D1-W1, Bitcoin is within a neutral trading range within a bullish trend. A retest of the liquidity zone of 112K-110K may end with a long squeeze and a fairly aggressive reaction from buyers, but this can only be judged after the fact, following a retest of the specified zone. Resistance levels: 114.600, 115680, 117000 Support levels: 111910, 110400 The downward movement is purposefully heading towards the zone of interest. Earlier, in early August, the market tested the specified level (previous ATH), but technically did not reach the liquidity zones. There is a fairly high chance of a retest of 112 - 110K before the market attempts to grow. Best regards, R. Linda!
Long
by RLinda
9
PENDLEUSDT → Retest of the 5.0 liquidity zone before rising to 7BINANCE:PENDLEUSDT is still consolidating, but is preparing to enter a correction phase, which could be triggered by a breakdown the 5.23 support level. Correction is a vital stage for further growth. Bitcoin has entered a correction phase, which in turn is triggering a correction in altcoins. PENDLE is testing support at 5.23, and a break of this support level, which is already being tested for the sixth time, could trigger a price decline to the liquidity zone of 5.01 - 4.72 PENDLE looks quite positive in the medium term, the coin is strong and continues to form a bullish trend. The current correction is aimed at accumulating potential before continuing growth, which may resume after retesting the support zone. Resistance levels: 5.833, 6.42 Support levels: 5.23, 5.013, 4.719 On the weekly chart, PENDLE is consolidating above the strong support level of 5.013. As part of the correction, the market may confirm this support and continue its growth towards the ATH from the mirror level. Best regards, R. Linda!
Long
by RLinda
7
$BTDR Pressure Building?NASDAQ:BTDR still appears to be in a wave 2 triangle building pressure for a significant wave 3 up into price discovery. Wave (II) found support a the golden pocket, shallower than the other miners! Price has tested the upper boundary of the triangle and High Volume Node multiple times at $15 and only once at the bottom threshold hinting at a breakout upwards. Each test makes the boundary weaker. The weekly pivot point at $17 is the first area of resistance to watch followed by the all time high at $25 Analysis is invalidated below $6.44. RSI is only at the EQ so has room to grow. Safe trading
NASDAQ:BTDR
by Maddox_Metrics
1
HBAR about to make new ATHsHBAR is currently c. 0.27% of the total crypto market. I expect this to go up higher as HBAR.D could potentially hit 0.65% and 1%. HBAR should now be considered an OG crypto especially when it made an ATH in the previous cycle, and also likely to make another new ATH in the 24/25 cycle. Not all alt coins have this 'crypto heritage' - with many forming a broader ABC correction in the 20/21 cycle unable to break out to make new ATHs - eg. XRP, XLM, BCH. With its market cap coin ranking already being higher than the previous cycle (lingering around top 30-50 and now around top 15-20), I am expecting HBAR to find a new ATH. Keep an eye out on the resistance line formed from the previous cycle. If it can break that resistance line, then we can see HBAR hit the next level at $2. HBAR/BTC should also be used to navigate when the top is in. Key Targets: 1. $0.90~$1.30 (highly probable) 2. ~$2 (moonshot) 3. ~$3.30 (unlikely) HBAR to the MOON
Long
by Migoreng_wrap
Ethereum Elliott Wave Analysis: The Bull Trap Before Wave C!As mentioned in my previous two analyses, Ethereum rejected the $4,740 high and dropped to the $4,050 support zone, where it bounced exactly as projected. From an Elliott Wave perspective, ETH has already completed a 5-wave impulsive structure and is now inside a corrective ABC phase. At the moment, price action is developing within wave B. Historically, wave B has the tendency to break above the top of wave ⑤, creating a bull trap and sweeping liquidity before the real wave C sell-off begins. 📉 What does this mean for traders? Wave C is usually sharp, aggressive, and offers great risk-to-reward opportunities on the short side. But instead of rushing into shorts, the smart play is to wait for confirmation. 🎯 Trading Strategy: 1. Allow wave B to complete – watch for a liquidity grab above the $4,840–$4,800 zone. 2. Look for a CHoCH (Change of Character) / market structure break on lower timeframes (4H / 1H) as your entry trigger. 3. Enter short after confirmation, targeting the $4,100 → $3,800 zones first, with potential extension lower depending on momentum of wave C. 4. Place invalidation above the recent swing high to keep risk controlled. ⚡ This is a high-probability short setup forming, but patience and timing are crucial — don’t get trapped in wave B’s fake breakout. 👉 Follow for updates as we track the confirmation of wave C and refine the short targets!
Short
by CryptoPilot
1
XAUUSD – Watching 3,310 as Price Pulls BackHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 3,310 zone, Gold (XAUUSD) has been moving lower after its recent swing high, with price now correcting toward the 3,310 area. Structure: The broader bias has been bullish overall, but recent price action shows a corrective move. Key level in focus: 3,310 — previously acted as support/resistance. Next move: Holding above this zone could maintain the medium-term bullish bias, while a clear break below may open the way for deeper retracement. Monitoring how price behaves around 3,310 to understand whether buyers will step in or if weakness continues. Trade safe, Joe.
OANDA:XAUUSDLong
by JoeChampion
31
EURUSD Testing 1.16650 in Descending Channel as DXY Holds 98.100Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.16650 zone, EURUSD continues to trade inside a descending channel, with price correcting upward toward 1.16650, a key resistance zone aligned with channel structure. At the same time, the U.S. Dollar Index (DXY) remains in an uptrend and is approaching 98.100 support. With recent inflation readings running high, markets may expect a more hawkish Federal Reserve, which could support further USD strength. Monitoring how EURUSD reacts near 1.16650 in relation to DXY’s price behavior to gauge whether bearish momentum will resume or consolidation will continue. Trade safe, Joe.
Short
by JoeChampion
11
ETH - 4H Elliott Wave Analysis - 22.08.25Greetings ^^ We did get our rally from the support area that we had on the chart. We assume that high of the 14th of August formed the top of the white Wave 3 and that we are currently in a correction displayed as yellow ABC which would form the white Wave 4. The support area of this Wave 4 is between the 0.236 FIB at 4059 USD and the 0.5 FIB at 3370 USD. The Wave A is in and today's rally is the B Wave which we thermalized in yesterdays analysis and did expect it to be strong. We assume this ABC is an expanding flat which means the B Wave overshoots which it did. It touched the 1.05 FIB at 4833 USD which is a common target but it also is right below the ATH. Further targets for the B Wave would be the 1.236 FIB at 4985 USD and the 1.382 FIB at 5105 USD. Next we would look for a Wave C to the downside. The targets for this C Wave are the 0.618 FIB at 4375 USD the 1 to 1 FIB at 4106 USD, the 1.236 FIB at 3947 USD, the 1.382 FIB at 3853 USD and the 1.618 FIB at 3705 USD. A lot of targets, the most common is the 0.618 and the 1.618 FIB. The 1.618 FIB would also be in confluence with the 0.382 FIB of the Wave 4 support area which is the optimal target for a Wave 4. Alternatively you can count the recent low as blue Wave 4 instead yellow A Wave and the move up today could potentially be the blue Wave 5 which would than finished white Wave 3. We do think the count mentioned above is more likely as the yellow A touched the 0.236 FIB of the white Wave 4 support area which is a common target for an A Wave and additionally the structure of today's rally look more corrective on the smaller timeframes. Overall it does not make a big difference for the moment except that in the blue Wave 5 we could go a bit higher compared to the overshooting B Wave. Thanks for reading. NO FINANCIAL ADVICE.
Short
by KanashimiBro
2