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Elliott Wave

XRP - 1D Elliott Wave Analysis - 28.09.25Welcome We assume that the low on the 7th of April formed the green Wave 4 and we are since then working on the green Wave 5 which is the last Wave to the upside of this bullmarket for XPR. We have already formed the blue Wave 1, 2 and most likely 3 of the green Wave 5 and we are working on the blue Wave 4. The green Wave 5 appears to be an ending diagonal. We are still working on the blue Wave 4 which currently we count as an WXY in red of which we finished Wave W and X and are working on Y. Wave Y would unfold as ABC. The Wave 4 support area lies between the 0.5 FIB at 2.6350 USD and the 0.786 FIB at 2.1909 USD. The next targets to the downside for Y are the 2.5160 USD and the 2.3728 USD price level depending on the count and measurement. The 2.4161 USD price level is also interesting as it is the point of control of the previous price action which could function as additional support as well as the white trendline that we have going through the support area. Thanks for reading. NO FINANCIAL ADVICE.
Long
by KanashimiBro
BTCUSD D1 Elliott Wave AnalysisIts a simple and clear Elliott Wave Setup in BTCUSD D1 Chart. Follow the below sequence to understand. 1. We see a rising Wedge which was broken to the downside. 2. This can be labelled as 'impulse wave 1' (white count). 3. Price after break the wedge and making wave 1, retraced to 61.8 fib (wave 2 white count). This is a classic wave 2 retracement zone. 4. We are possibly now in wave 3 (white count) which ideally extends to 161.8 fib extension. 5. Therefore the target for wave 3 is around 92,000. Additional note: We see a pattern of FVGs which are similar in size. Twice above, these FVGs were mitigated. Now we have the 3rd similar FVG around the wave 3 target area at 92,000. Therefore, if we go there, and wave 3 completes, expect a bounce due to FVG to create a corrective wave 4. Tell me what do you think about this idea. Feedback will be appreciated.
BINANCE:BTCUSDShort
by Khan82
BITCOIN → Stagnation. A brief overview of the current situation.BINANCE:BTCUSDT.P is consolidating after breaking through the trend line support. Despite the positive fundamental background and bullish trend, the market is forming a countertrend correction. The decline in interest rates in the US has had a negative impact on the cryptocurrency market. Can this be called manipulation? Most likely, yes. But the cryptocurrency market needs a constant driver to keep it alive; calm or neutral conditions lead to corrections and retests of intermediate lows... As for Bitcoin, I have identified several key areas: the boundaries of the current consolidation at 109,850 and 108,575. Accordingly, a breakout and close above or below one of these boundaries could trigger a move in the corresponding direction. But within the local trend, we can expect a decline to the intermediate bottom of 107,400, from which an attempt at growth could form. In addition, an important zone is the conglomerate of resistance at 110K and the ascending support line. If the price can form an upward momentum and close above the trend support, the market may react positively. Resistance levels: 109,850 - 110K, 111,500 Support levels: 108,500, 107,400 After breaking through the trend support, there is no momentum and the price is consolidating. This suggests that the market does not believe this premise and a battle for the area is forming. If the bulls can hold their ground and bring the price back within the boundaries of the uptrend, then it may be worth looking for a buying opportunity. Otherwise, it is worth waiting for a retest of the intermediate bottom at 107,400 before looking for an opportunity to open long positions. Best regards, R. Linda!
Long
by RLinda
5
NIFTY50.....Back to neutral!Hello Traders, the NIFTY50 had a bad week. It drops -672points, or -2.65%! This is not what I have expected! The idea of an impulsive structure became less likely, with a wave (ii) beyond the wave (ii), orange, low! Of course! It can morph into a double waves 1-2, but it would be time to raise! Chart analysis: The index is "diving" into a range from 24857-24295, where there is a lot of buying interest! If the price drops to the lower boundary of the pink rectangle, the idea of an impulsive structure will be eliminated! In this case, a much lower price would be expected in the coming weeks. This is also the reason, while I argued, that a final selloff is still possible! If so to come, a steep decline into the area of around 222xx points is truly at hand. Not yet, but thinkable! On the other hand! If N50 is can raise above the 25122 points, the odds of substantial gain to new ATH are higher! I am setting my expectations back to neutral! This is my recommendation to you! If something important happens, I will inform you immediately. Have a great week..... Ruebennase Please ask or comment as appropriate. Trade on this analysis at your own risk.
NSE:NIFTY
by ruebennase
1
BNB does not completely obey, what BTC commands..In a count I did yesterday I wrote about BTC has started the decent, but from what I can see here, I still believe BNB need a little push up before going into a correction of a higher degree. Right now BNB is in what I count to be purple wave 4. And there is a chance purple wave 4 has already finished, and we therefor have started the move up in purple wave 5. One of the guidelines in Kennedy channeling technique, which is a powerful tool in counting Elliott Waves, is that price has not completed wave 4 before tagging the bottom of the acceleration channel. (the blue channel). Another guideline in Elliott Wave is that wave 4 often retraces down into wave 4 of the previous lower degree. (This area I have marked in the Purple box) Therefor we could have a little downside left before starting the purple wave 5. Being optimistic purple wave 4 is done, since I can count an simple zig-zig correction. A confirmation of wave 4 is done and the purple wave 5 has started, is to wait for price to break the deceleration channel. (the green channel.) But in either case, I believe BNB still has a wave 5 to finish before the correction down in a higher degree.
by TheDane
CCO | Distribution Pattern | FractalsLooking ahead we can see the next phase of price action falling into a distribution pattern Since correction wave 4 buyers took off but seem to be running out of steam. Eventually sellers will have to show what they can do after this trend breaks on a lower timeframe. Ideal move going forward would focus on short positions only with a local swing target of ~$96 since that was the last area of support Entries would be somewhere at the Head if using textbook patterns (HnS) or SMR A confirmation entry to be on the safe side would be after the Breakout Bar indicating a change in trend, and then waiting for the Distribution phase to kick in for more shorting opportunities. To add confluence to this trade idea we can look back at historical price action and find similar fractals that matches with current price movement At least two fractals are spotted with the same patterns that are building the same price structure we're in Elliott Impulse Wave, HnS Pattern, and Distribution Phases. If buyers are not interested in the local support lvl then liquidity at $76 will be next zone.
TSX:CCOShort
by Nathanl19
Bitcoin started the dropHi traders, I show you week after week what price will do. My outlooks are 80% accurate so I hope you benefit from it. Last week Bitcoin started the drop, made a small correction up and dropped again. Now we could see another correction up and a downmove after that. Let's see what the market does and react. Trade idea: Wait for the (small) corrective upmove to trade shorts after a change in orderflow to bearish on a lower timeframe. If you want to learn more about trading FVG's with wave analysis, please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my analysis. Don't be emotional, just trade your plan! Eduwave
Short
by EduwaveTrading
Gold could make a move down nowHi traders, Last week gold did not break the a-wave of the Flat correction, so it became a running Flat. Price went up impulsive for wave 5 (red). After that it started another correction down. Next week we could see a move down to finish the correction and after that this pair could go up again. Let's see what price does and react. Trade idea: Wait for the correction down to finish and the next impulsive wave up. After a small correction down on a lower timeframe and a change in orderflow to bullish you could trade longs again. If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. Don't be emotional, just trade your plan! Eduwave
OANDA:XAUUSDShort
by EduwaveTrading
SPX500USD could go up againHi traders, Last week I said we could see a little more upside and a bigger correction down for (orange) wave 4 for SPX500USD. And this is exactly what happened. So next week we could see more upside again to make a new ATH. Let's see what the market does and react. Trade idea: Wait for a small pullback down and a change in orderflow to bullish on a lower timeframe to trade longs. If you want to learn more about trading FVG's & liquidity sweeps with Elliott wavecount and patterns, then please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. Don't be emotional, just trade your plan! Eduwave
OANDA:SPX500USDLong
by EduwaveTrading
More down for EUHi traders, Week after week I show you the right direction and where price will reverse. I hope you benefit from my outlooks. Next week we could see price finish the corrective upmove and drop again. But there is a small possibility that it goes up one more time. If the downmove is corrective we could expect this. Let's see what the market does and react. Trade idea: Wait for the finish of the correction up and a change in orderflow to bearish on a lower time frame to trade shorts. If you want to learn more about trading with FVG's, liquidity sweeps and Elliott wavecount and patterns, then make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. Don't be emotional, just trade your plan! Eduwave
Short
by EduwaveTrading
When will QNT break its ATH? Lets count the Elliott Waves!I have provided my Macro Double 1,2 Impulse Elliott Wave count for Quant cryptocurrency. I have plotted the forecast as i see it using Fibonacci targets as confluence, as well as "The Right Look" as this is more important than any one Fib Target in Elliott Waves. I expect wave 3 in Teal (Subdegree impulse of Red Impulse) to be our biggest wave 3 to the upside, this will be followed by the 4,5s in Red, and Lime impulses building to the upside, this should create a diagonal looking structure after the obvious wave 3 thrust has finished. This is a longterm analysis and the pattern could go on beyond the mid 2029 area as i have marked out, or it could be a bit shorter in time, im no Gann trader yet so we will have to stick with the structure provided by Elliott Waves. Also plotted are the Base Channels for both main impulses. Using the Kennedy Channeling Technique you expect the wave 4 pullback to find support at the top or midline of base channel. This is just scratching the surface using the Kennedy Channels, as any more channels would make this chart less aesthetically pleasing and too busy. Happy Trading! See ya in 2029!
Long
by Fractical
2
Gold Roadmap: Breakout Confirmed –New ATH or Another Correction?Gold ( OANDA:XAUUSD ) as I expected in the previous idea (Short and Long positions hit the target). First of all, I should say that this analysis is for the short term and on a 15-minute time frame. Gold seems to have managed to break the Resistance lines, Resistance zone($3,763-$3,750), and the upper line of the symmetrical triangle in the past few minutes. I expect Gold to rise to at least $3,779, and then there are two scenarios for Gold: creating a new All-Time High, OR re-correcting. Stop Loss(SL): $3,741.7 Please respect each other's ideas and express them politely if you agree or disagree. Gold Analyze (XAUUSD), 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; 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.
OANDA:XAUUSDLong
by pejman_zwin
13
ETH - 1D Elliott Wave Analysis - 27.09.25Welcome Our warning of downside risk in the last analysis played out fast. Here we count the ATH that we made in the last analysis as green and blue Wave 5 and white Wave 3 instead of an overshooting B Wave. Which way you count it doesn't make a difference in the short term and in terms of next targets to the downside. We assume we are in the white Wave 4 correction which will finish soon within the red ABC. The support area of this Wave 4 is between the 0.236 FIB at 4059 USD and the 0.5 FIB at 3370 USD. We removed the 0.236 FIB from the Wave 4 support to keep the chart clearer. On the smaller timeframe it looks as if we can go a bit lower in the red Wave C. The next targets for it would be the 1.382 FIB at 3798 USD and the 1.618 FIB at 3653 USD. This is also in confluence if you count the ATH as overshooting B Wave as we did in our last analysis (1.618 FIB target at 3705 USD) and additionally it is close to the 0.382 FIB of the Wave 4 support area which usually is a key support for a Wave 4. After the correction finishes in the white Wave 4 we expect a rally that should take us above 5600 USD+. Thanks for reading. NO FINANCIAL ADVICE.
Long
by KanashimiBro
5
SUI - 1D Elliott Wave Analysis - 27.09.25Welcome For SUI not much has changed, we are still looking for a multi 1-2 set up and a strong rally from the support area soon. We initially saw a bounce after the first touch of the support area but recently we came back to it which we just see as an extension of the correction in the red ABC. The next target for the red Wave C is the 1 to 1 FIB at 2.9230 USD which is within the golden pocket of the Wave 2 support area. The green Wave 2 support area is between the 0.5 FIB at 3.1925 USD which we touched today and the 0.786 FIB at 2.6424 USD. A break below this area suggest a reset of the white Wave 2 or something more bearish. If this set up hold we are looking to see a strong Wave 3 rally afterwards which would take us to a new ATH. Thanks for reading. NO FINANCIAL ADVICE.
Long
by KanashimiBro
CIFR Ready for retracement...Wave 3 appears to be underway on NASDAQ:CIFR with wave (1) peaking with a pop into the all time high volume node as expected for wave 1 termination, trapping new traders and investors with the excitement! Sentiment is very greedy on social and mainstream media suggesting a top is here! Wave 2 retracement is expected to find support at the High Volume Node and 0.236 Fibonacci retracement $6.48 where it should find confluence with the weekly 200EMA and R1 pivot. Weekly RSI is overbought with no divergence. Wave 3 has an expected target of at least $50 Safe trading
NASDAQ:CIFR
by Maddox_Metrics