Elliott Wave
Ebay Wave Analysis – 13 August 2025
- Ebay broke the round resistance level 100.00
- Likely to rise to resistance 105.00
Ebay recently broke the round resistance level 100.00, the breakout of which was preceded by the breakout of the resistance trendline of the daily up channel from April.
The breakout of these price levels accelerated the active impulse wave 5, which is part of the intermediate impulse wave (C).
Ebay can be expected to rise to the next resistance, 105.00, which is the target price for the completion of the active impulse wave.
XRP - 1H Elliott Wave Analysis - 13.08.25Greetings, this is our updated Elliott Wave Count for XRP.
This one is slightly more complex as we got two cases to discuss, so bear with me!
We assume that we are in an impulse to the upside in a five wave move displayed as white.
We finished white Wave 1 and 2 and started working on the Wave 3. In this white Wave 3 we have finished green Wave 1 and potentially green Wave 2.
Case 1 (very bullish):
Assuming the low of the 12th August was the green Wave 2 we would look for strong move up now in a 3rd Wave. In this move we have a blue five wave move of which we finished blue Wave 1 and potentially blue Wave 2 in the yellow ABC. Due the yellow B Wave being an overshooting B Wave it is possible that the yellow C Wave was very shallow and we already finished it. Next we would look for a strong Wave 3 which could take us to a new ATH with only shallow pullbacks in wave 4's. For this case we want to stay above the 0.786 FIB of the blue Wave 2 support area which is at 3.1535 USD, dropping below it would shift probabilities heavily to case 2.
Case 2 (bullish):
In this case we still finished the green Wave 1 but we didn't finish the green Wave 2 which would unfold as a bigger correction displayed as red ABC. The 12th August low was only the A Wave and the rally afterwards was the red B wave. Assuming the red B Wave is finished we would look for the C Wave next which should re-enter our green Wave 2 support area. The Wave 2 support area lies between the 0.5 FIB at 3.1420 USD and the 0.786 FIB at 3.0044 USD. The 1 to 1 FIB target for the C Wave is at 3.0552 USD which is right below the golden pocket.
Trade safe <3
Thanks for reading.
NO FINANCIAL ADVICE.
SOL - 4H Elliott Wave Analysis - 13.08.25Greetings, today we are going to update our Elliott Wave Count for Solana!
Firstly, I wanted to thank you for all the boosts on our last Solana Analysis, appreciate it!
Solana did pull off an amazing rally in our blue Wave 5 which presumably is finished with that we have our green Wave 1 in. We are looking for a pullback to happen in our green Wave 2 soon.
The Wave 2 support area lies between the 0.382 FIB at 186.19 USD and the 0.786 FIB at 166.34 USD. If the price moves a few dollars higher the Wave 2 support are would just shift slightly up with it.
A break below this support area would indicate a reset of the white Wave 2 in a bigger correction which we deem unlike at this stage. Additionally the move up touched the 0.886 FIB which increases probabilities to take the previous high over the last low.
Thanks for reading.
NO FINANCIAL ADVICE.
XAUUSD – Wave 4 Completion Setup for Wave 5 Rally-Structure shows Wave 3 completed around the 3,404–3,421 zone.
-Market is currently in a Wave 4 corrective phase, likely forming an ABC Flat/Expanded pattern.
-Final Wave (c) is expected to end at the LZB zone (3,325–3,332) before launching into Wave 5.
Key Price Zones
Resistance:
-MDS: 3,370–3,379 (possible Wave (b) completion)
-LRS: 3,404–3,421 (Wave 5 extended target)
Support:
-LRB: 3,356–3,364 (minor retracement zone)
-LZB: 3,325–3,332 (primary buy zone)
Trading Plan
-Primary Entry (Swing):
-Buy Limit di LZB 3,325–3,332 untuk entry Wave 5.
Alternative Entry (Breakout):
-Buy on break above 3,379 with 50% of main position size.
EURGBP Steps Into A Correction Within Ongoing RecoveryEURGBP is sharply down after reaching April highs for wave »v« of an impulse into wave A. As expected, the pair is now unfolding a three-wave abc corrective setback within higher-degree wave B. Currently, EURGBP is breaking below the channel support line in a sharp and impulsive projected wave »a«. A corrective recovery in wave »b« may follow, considering that RSI is already at the lower side of its range. Overall, we are still tracking this correction toward the 0.85x support area, which could act as a base before a potential bullish continuation higher into wave C.
Up to $1 - ADA weekly update August 13 - 19thWe are currently at the end of Primary Wave 1, specifically completing Intermediate Wave 5. This will be followed by Primary Wave 2.
The liquidity heatmap indicates a growing concentration of liquidity below the current price, which, similar to the Polkadot setup, is likely to be targeted during the formation of Wave 2. My target for Intermediate Wave 5 is the 1.618 Fibonacci extension, as this level coincides with a significant cluster of resting orders and the psychologically important $1.00 mark.
Funding rates remain steadily positive, and open interest has continued to rise, signaling a stable uptrend. This also suggests that market participants are moderately willing to take on risk, while excessive euphoria is not yet present.
In summary, I am targeting the $1.00 level for Intermediate Wave 5 and will be looking for short entry opportunities from that area to position for Primary Wave 2.
Up to $5 - DOT weekly update August 13 - 19thWe are currently in Minor Wave 5 and Intermediate Wave 1, with the broader Primary Cycle forming a Wave 3. Once Intermediate Wave 1 is complete, I anticipate a larger corrective move toward the 0.618 Fibonacci retracement level, or potentially deeper.
The liquidation heatmap reveals limited liquidity slightly above the current price, but a substantial concentration below it—liquidity that is likely to be targeted during the formation of Wave 2. The order book further indicates some resting orders at the 1.0 Fibonacci extension level and a significantly larger cluster at the 1.618 extension level.
Funding rates remain moderately positive, and open interest is steadily increasing, suggesting a stable upward trend. This also implies that market sentiment has not yet reached excessive euphoria and that risk appetite remains relatively contained.
In summary, the confluence of liquidity positioning, derivatives data, and Elliott Wave structure leads me to favor a primary scenario in which prices reach the 1.618 extension level of Minor Wave 5, encountering both the psychological $5.00 mark and a prominent sell wall. This confluence is expected to trigger the onset of Wave 2.
GOLD → From consolidation to distribution. Target 3400FX:XAUUSD is entering a distribution phase after the end of consolidation. The market is strong, bulls managed to keep prices from falling and formed an intermediate bottom in the 3340 zone.
The price increase was supported by expectations of a soft Fed policy after moderate July CPI data (2.7% y/y, 0.2% m/m, core 0.3%), which led to a decline in bond yields and a weakening of the dollar. However, demand for safe assets is declining amid optimism in global markets, fueled by the US-China trade truce, a possible meeting between Trump and Putin, and bets on a Fed rate cut in September. In the long term, gold could be supported by purchases by the Chinese central bank and a recovery in jewelry demand in India.
Technically, the focus is on the zone of interest ahead at 3370-3373, with a possible rebound before growth, as well as on the support zone at 3359. I do not rule out that the market may test the liquidity zone...
Resistance levels: 3370, 3380, 3400
Support levels: 3358, 3341, 3334
There is considerable potential within the consolidation, and the rally may be directed towards the resistance range of 3400. However, pullbacks are possible before growth, which could give us a good entry point.
Best regards, R. Linda!
USDJPY Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 148.900 zone, USDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 148.900 support and Resistance area.
Trade safe, Joe.
NZDUSD is Nearing an Important Support Area!!Hey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.59300 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.59300 support and resistance area.
Trade safe, Joe.
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