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Elliott Wave

GBPUSD: Elliott Wave and H&S Pattern Is Pointing Higher Cable made a strong rebound from the 1.3135 support, suggesting the market could be bottoming, possibly completing an ABC, zigzag pattern. So, with the current break above the channel resistance line in an impulsive fashion into wave A/1, we should watch for more upside, at least in three waves, up to 1.37 area or higher. At the moment we can see some retracement from 1.36 resistance, ideally its wave B/2 that can retrace the price back to 1.34 support area before a continuation higher within wave C or 3. H&S pattern is also something we have to consider here; the bullish path. GH
by ew-forecast
ATH coming for LINK?!LINK has been in existence since the 2017 cycle and is also part of the OG cryptos. I expect to see a new ATH as LINK rises in dominance especially during the 'utility' alt coin run with stable coins and oracles being a key narrative for Chainlink. LINK.D is currently at c. 0.45% of the total crypto market. I expect this to surge to 1.5-2% of the crypto market when LINK is to top out in its cycle. Moonshots would be anything above 2%. Key Targets for Take Profits: 1. $67-80 2. $110-128 3. $195-210 (Moonshot)
Long
by Migoreng_wrap
1
LDOUSDT → Hunting for liquidity ahead of a declineBINANCE:LDOUSDT.P , having failed to reach the zone of interest 1.250 - 1.233, has entered a phase of local rally or manipulation before a possible decline aimed at consolidating potential before long-term growth. Bitcoin looks weak and, after a correction, may continue to fall to the coveted target of 112 - 110K. After a strong pump, LDO has been falling for two weeks in a dump phase. In the long term, the market may test 1/2 of the bullish momentum and the strong support level of 1.179 before resuming the pump to 1.62 - 1.97. Since the opening of the session, we have been observing manipulation, the goal of which is most likely the liquidity zone of 1.36 - 1.36. The situation may end with a liquidity grab, a false breakout, and a further decline with a subsequent update of the low. Resistance levels: 1.36, 1.37, 1.44 Support levels: 1.296, 1.2614, 1.2336 Technically, the price is still consolidating and intrarange trading is likely to continue. A false breakout of resistance could trigger a decline, in which case 1.26 - 1.23 could be considered a target, while a false break of 1.17 - 1.23 could trigger a global rise. Best regards, R. Linda!
Short
by RLinda
3
AUDUSD Tests 0.64400 as DXY Strengthens on Fed BetsHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.64400 zone, AUDUSD is correcting higher within its broader downtrend, with price approaching the 0.64400 resistance area. This zone aligns with prior supply and could be pivotal in determining whether bearish momentum resumes or a deeper retracement unfolds. The U.S. Dollar Index (DXY) recently broke above the 98.700 key resistance, reinforcing its bullish bias. With U.S. inflation still elevated, markets are focused on potential hawkish commentary from the Federal Reserve at the Jackson Hole symposium — a factor that could further strengthen the dollar and weigh on AUDUSD. Price action around 0.64400 will be critical in assessing whether sellers reassert control or the correction continues.
Short
by JoeChampion
8
Potential ETH Reversal (Elliott Wave Related)It looks like the correction is over, and we are going into the next set of 12345 of impulse waves. If my count is correct and there are enough momentum to start the next 12345, we have a chance to hit 5K in the next 3-4 weeks. But of course anything can happen in this tariff / geo political driven environment. Stay cautious! Make sure you set your stop loss / take profit. Stopping out in profit and missing a huge run is better than stopping out in deep red.
Long
by polarity
AVAX/USDT: Expect further downsideTrend structure: Price is moving within a descending channel, forming an A–B–C corrective structure. Momentum: RSI shows multiple hidden bearish divergences, supporting continuation of the downtrend. Channel targets: Midline near 21.0 (already tested), and lower bound between 17.0–17.5 as the primary downside objective. Confirmation: Channel structure has held since early August, with repeated hidden RSI divergences and price rejection at 25.0. Bias: Downtrend continuation is expected until price hits channel support. Key levels: Bearish outlook is valid while price remains below 25.0. A break below 21.0 could trigger a sharp move toward 17.5.
Short
by Stoic-Trader
ETH - 1H Elliott Wave Analysis - 21.08.25Greetings and welcome to another Ethereum analysis. For Ethereum we got two scenarios. Both bullish. Case 1: We assume the last top which we created during the 14th of August was our blue Wave 3 and the recent correction our blue Wave 4 as red ABC. The Wave 4 support area goes down to the 0.618 FIB at 3976 USD which is the invalidation of this scenario. Next we want to see a bounce which would start the blue Wave 5 which should take us to new ATH. Case 2: Alternatively we could count the blue 5 wave move up finished in which case the blue Wave 3 would be the blue Wave 5 and the move up was our white Wave 3 which means we started the white Wave 4 correction. In this scenario we assume the move down was only the yellow Wave A of a bigger correction as yellow ABC. The yellow B could be in but we think this would be a rather shallow and short B so we doubt it has finished already. We also want to make aware that we were very close to making a new ATH which could lead to the B Wave to overshoot and take out the ATH before starting the Wave C down. We do lean towards the 2nd scenario where we would see a deeper correction as yellow ABC which would take us to the price area of 3300 USD to 4000 USD. For further clarity we need to observe the price action on the lower timeframes but at the moment it looks rather corrective than impulsive which would fit case 2 better. Short term we would like to see a bounce in either case. Thanks for reading. NO FINANCIAL ADVICE.
Long
by KanashimiBro
SOL - 4H Elliott Wave Analysis - 21.08.25Greetings, Solana is still holding strong and looking strong. We assume the move up from the 3rd of August was an impulse displayed as green 5 wave move of which we finished Wave 1 and potentially Wave 2 as a red ABC. We have two scenarios moving forward as the price action on the lower timeframes doesn't give us enough clarity to say which one is preferred. In either case we want to hold the Wave 2 support area which goes down to the 0.886 FIB At 161.99 USD. Case 1: Green Wave 2 is already finished in the red ABC and we are looking for an impulsive move to the upside in the 3rd Wave which should take us above 230 USD. Be aware that this 3rd Wave should happen quiet fast and aggressively. Case 2: The move down in the red ABC was only the Wave A of an extended correction. The Wave B resistance area is between the 0.382 FIB at 188.74 USD and the 0.886 FIB at 205.96 USD. Be aware that we touched the 0.382 FIB which means the B wave could be in but we think the B wave isn't in yet because it would be a very shallow B which doesn't fit Solana's recent strong performance. We think a higher B wave is more likely. As said we can't distinguish well between the two scenarios due missing price action on the lower timeframe. We hope to get more clarity soon. We also want to communicate a back up scenario in case we break the support area in which we would assume that we get a reset of the white Wave 2 in expanding flat meaning the green Wave 1 was an overshooting B Wave. Thanks for reading. NO FINANCIAL ADVICE.
Long
by KanashimiBro
XRP - 1H Elliott Wave Analysis - 21.08.25Welcome back to another XRP update. The bullish count is still valid. Today we gonna look on the potential count on a lower timeframe. We did retrace deep into our Wave 2 support area that we had on the chart in the last analysis already but it is still valid. From the support area we saw a bounce which we count as either green 1 or yellow A Wave followed be a retracement in either the green 2 or yellow B. Currently we are looking for a bounce in the green Wave 3 or as the yellow Wave C. The support area for this green impulse or yellow ABC is between the 0.382 FIB at 2.9227 USD and the 0.886 FIB at 2.8374 USD which cuts into our other support area. The targets for the yellow Wave C or the green Wave 3 would be the 1 to 1 FIB at 3.0545 USD, the 1.236 FIB at 3.0949 USD, the 1.382 FIB at 3.1199 USD and the 1.618 FIB at 3.1603 USD. We think the 1.382 FIB is the most likely but for the green count we would like to see the 1.618 FIB get hit. We do think the yellow ABC has a higher probability compared to the green count because the bounce from our last low during the 21th of August looks rather corrective than impulsive. Be aware that if we break the 0.886 FIB at 2.7957 USD of the Wave 2 support area we are looking for a deeper retracement which would take us to 2.52 USD or even lower. In this scenario we would need to count the move up that we started in April as a diagonal or even some corrective structure to the upside. Thanks for reading. NO FINANCIAL ADVICE.
Long
by KanashimiBro
Bitcoin Short Setup _ Short-termBitcoin ( BINANCE:BTCUSDT ) has managed to break the Support zone($114,720-$113,570)/Now=Resistance zone and 50_EMA(Daily) , as I expected in the previous idea . And now it seems that Bitcoin is completing a pullback . Also, on the 1-hour time frame , if you look closely, Bitcoin seems to be moving inside a descending channel . In terms of Elliott wave theory , Bitcoin seems to be completing microwave 4 of the main wave 3 , so that microwave 4 could have an Expanding Flat structure(ABC/3-3-5) . I expect Bitcoin to drop to at least $112,640 after completing the pullback ( microwave 4 of the main wave 3 ). Second Target: $112,323 Cumulative Short Liquidation Leverage: $116,755-$115,778 Cumulative Short Liquidation Leverage: $114,500-$114,077 Cumulative Long Liquidation Leverage: $112,615-$111,743 Note: From today until Friday, important indexes will be released from the US, which can create excitement in financial markets, especially crypto, and even change the market trend when released. Note: Most likely, after Bitcoin touches the Heavy Support zone($111,980-$105,820) and 100_SMA(Daily), we should wait for Bitcoin to bounce back (you might be able to look for a long position trigger in that zone). Note: Stop Loss(SL): $114,823 Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 15-minute 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
36
API3 Breaks Resistance – Is the Next Bullish Wave Coming?The listing news of API3 ( BINANCE:API3USDT ) on South Korea’s major exchange Upbit has boosted interest in the project. Starting from August 19, 2025, API3 will be available for trading on both KRW and USDT markets . Reason for the surge : Being listed on one of the largest Korean exchanges not only brings more liquidity to API3 but also increases investor attention towards Web3-focused infrastructure and decentralized APIs. API3 is a project designed to provide decentralized APIs for Web3 applications , aiming to give dApps secure and cost-effective access to real-world data without centralized intermediaries. ------------------------------------------ Now let's check whether we can still use the uptrend of the API3 token or not !? To answer this question, we need to refer to the API3 token chart on the 4-hour time frame . The API3 token appears to have broken the Resistance zone($1.250-$0.820) with high momentum ( due to the above news ). In terms of Elliott Wave theory , it seems that the API3 token has successfully completed wave 3 near the Resistance lines and is currently completing wave 4 . Wave 4 could be a pullback and complete at Potential Reversal Zone(PRZ) . Note : Wave 5 could be a truncated wave due to the high momentum of wave 3. I expect that the API3 token can start increasing again after the pullback(wave 4) is completed and at least +30% . Cumulative Short Liquidation Leverage: $1.638-$1.597 Cumulative Long Liquidation Leverage: $1.260-$1.164 Note: Worst Stop Loss(SL): $0.923 Please respect each other's ideas and express them politely if you agree or disagree. API3 Analyze (API3USDT), 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.
Long
by pejman_zwin
13
GOLD → Breakthrough of downward resistance, news ahead...FX:XAUUSD is recovering after a fairly prolonged decline, and there are signs of bullish sentiment on the chart, but caution is advised as important news is ahead... Gold is in a holding pattern. Its short-term fate depends on today's US economic data and, to a greater extent, on tomorrow's speech by Powell, which will set the tone for the future. The price is recovering slightly after a recent decline, but is trading cautiously. The market is awaiting the release of S&P Global's business activity indices (PMI), which will assess the strength of the US economy and influence Fed rate forecasts. Another key event of the week is the Fed chair's speech in Jackson Hole on Friday. His comments on future interest rates will determine the further movement of gold and the dollar. Technically, we are seeing a rebound from the support of a global symmetrical triangle, with bulls still in the market but waiting for further signals. Locally, we are seeing positive dynamics — a breakout of downward resistance and consolidation in the buying zone... Resistance levels: 3350, 3370 Support levels: 3331, 3315 The conditions for further growth should be a positive fundamental background and the bulls holding the price above key support. A retest of the trading range boundary (0.5f) is possible before growth. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
13
XRP – Corrective Move Before the Next Rally?XRP is currently showing signs of completing a corrective structure after its strong bullish rally earlier this year. 🔹 Technical Outlook: • Price is trading inside a long-term ascending channel. • After marking the swing high near $4.0, price seems to be unfolding a ABC corrective wave. • Currently in wave C, with potential downside extension toward the midline of the channel (~$1.9 – $2.0). • This zone also aligns with strong historical support and the 0.618 Fibonacci retracement of the last impulse (confluence area). 🔹 Possible Scenario: 1. Completion of wave C around $1.9 support. 2. Start of a major impulsive leg targeting the upper boundary of the channel around $6.5 – $7.0. 📊 Market Implication: Short-term caution is needed as corrective pressure might continue, but long-term structure still supports a bullish outlook. ✅ Conclusion: As long as XRP holds above $1.7 – $1.9 support zone, the bullish scenario remains valid. Mid/long-term traders may watch this level as a potential re-accumulation zone before the next impulsive rally.
Short
by CryptoPilot
GBPJPY → False breakout and reversal patternFX:GBPJPY is forming a false breakout of strong resistance from D1. A trading range (consolidation) is forming, and market participants are fighting for the 199.0 - 200.0 zone. GBPJPY is consolidating at strong resistance. A fierce battle is underway for the 199.0-200.0 zone. Focus is on the Japanese yen, which is consolidating (against a backdrop of dollar stagnation). A decline in the JPY could trigger a fall in the currency pair. The volume density point is located above 199.5. Locally, the price has confirmed a bearish structure, and a retest is forming on increased volatility (manipulation). A false breakout of resistance will return the price to support, which in turn will increase the chances of a further decline Resistance levels: 199.5, 200.28 Support levels: 198.67, 197.68 A double top reversal pattern is forming on the chart, indicating the presence of strong limit resistance, but the pattern has not yet been realized. The trigger is consolidation support. Locally, I expect a decline from 199.5 to retest the trigger, the breakout of which could trigger the reversal pattern. Best regards, R. Linda!
Short
by RLinda
4