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Elliotwaveanalysis

Bitcoin (BTCUSDT) - Possible Completion of a Complex CorrectionTimeframe: 4H + 1H Methodology: NeoWave (Glen Neely) + Smart Money Concepts (ICT/SMC) Posted by: @CryptoPilot ⸻ 🧠 NeoWave Analysis: Complex Correction Ending? From a NeoWave perspective, BTC seems to be in the final stages of a Complex Correction that started in March 2025 from ~72k. The upward move appears to form a Contracting Diametric structure (7 legs: A–B–C–D–E–F–G), with the current leg G potentially unfolding now. • ✅ Wave A: Sharp recovery from March lows • ✅ Waves B–F: Alternating corrective legs with varied time and complexity • 🔄 Wave G: Could be starting now, expected to break structure to the downside This suggests that the entire move from March till now may represent a large Wave B, setting the stage for a deeper Wave C down. ⸻ 🔍 Price Action + Smart Money Confluence The following observations strengthen the NeoWave scenario: • 🟨 Liquidity Pools above 120k were swept recently, creating a potential Buy-side Liquidity Grab • 🟥 Imbalance/FVGs below 114.5k remain unfilled • 🔻 Market Structure Shift (MSS) evident on 1H chart — lower highs forming • 🧠 Price rejected from a key Supply Zone, aligning with end of Wave F • 🟩 If price re-tests the internal bearish OB (near 119.5k–120k), it may provide an ideal short trigger ⸻ 📌 Key Levels to Watch: Level Description 120.2k Liquidity sweep zone / MSS confirmed 118k Current structure base (pivot) 114.5k FVG + potential Wave G target 111–112k Strong demand zone (accumulation support) 🧭 Scenario Outlook: Primary: → Price is in Wave G of a Diametric (NeoWave) → Likely to unfold as a 3-leg Zigzag down or a Complex combination → Objective: break below Wave E low and target the unmitigated imbalances Alternative: → Extended Flat or Triangle, if 120.5k is broken impulsively → Invalidation = clean break and hold above 121k ⸻ ⚠️ Risk Note: This analysis assumes Wave G is beginning. If bulls manage to reclaim 120.5k with momentum and close above, the bearish structure will be invalidated. ⸻ 💬 Final Thought: We are potentially nearing the end of a complex corrective rally. The confluence of NeoWave structural symmetry, Smart Money traps, and market inefficiencies suggests that BTC may be preparing for a retracement. Stay alert for confirmations before executing. ⸻ 📌 Follow @CryptoPilot for advanced wave structure updates, market geometry insights, and ICT-style smart money traps. 💬 Share your views or alternate wave counts in the comments!
Short
by CryptoPilot
SUIUSD Setting Up for a Potential 1-2, 1-2 Pattern — Wave 3 BlasSUIUSD appears to be forming a classic 1-2, 1-2 Elliott Wave setup — a bullish structure that often precedes an explosive third wave rally. In this pattern, we first see a motive Wave 1 followed by a corrective Wave 2, then another smaller-degree Wave 1 and 2 within the larger Wave 3. This kind of nested structure shows strong underlying bullish momentum building up in layers. Once the second minor Wave 2 completes, SUI could launch into a powerful third wave of Wave 3, typically the strongest and most extended move in the sequence. That’s the breakout phase where price accelerates rapidly, often leaving late buyers behind. Watch for confirmation
COINBASE:SUIUSD
by wavetraders
Hellena | GOLD (4H): LONG to resistance area of 3440 (Wave V).As you can see, everything turned out to be more complicated than I had previously thought. We are dealing with a complex correction and a diagonal. I believe that the “ABCDE” waves, which make up the corrective wave “4”, are completing their levels, and I continue to expect the upward movement to continue. The first area I expect is the resistance area of 3440. This will be the beginning of the large upward wave “V.” Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
29
ADAUSDT|Triangle Setup WXYX2Z (1-2) +180% - Revisit $1.82 TargetPrimary Pattern: A contracting triangle within a larger corrective structure, likely wave 4. Wave Count: A diagonal 5-wave impulse (i–v), followed by a WXY (X2) Z complex correction, suggesting wave 4 is still unfolding, possibly nearing completion. Current Price: $0.83 with volume and SMA ribbon golden crosses showing bullish signal and near completion of accumulation phase. Fibonacci Extension: Targeting diagonal wave 5 at 261.8% extension from the base of wave 1 aligns with the projected target of $1.82, which matches the height of the triangle target. This also coincides with a +180% move from the possible upcoming wave Z or wave 2 —technically ambitious, but plausible if wave 5 kicks off with momentum. Wave 4 Triangle Context: The WXY(X2)Z structure implies a complex sideways correction which is typical of wave 4 behavior 1.6x - 2x wave 2 time extension Key Support: Entry: If X or 1 is nearing completion, and triangle support holds at key support MA20W Fibonacci 61.8%, the breakout into wave 5 could be explosive—especially with diagonal structure suggesting a leading diagonal pattern. SL: Triangle Support is the last liquidity / smart money entry Always trade with affordable risk and respect your stoploss!
Long
by dukeposh
$BTC Wave 4 correction completed -- alternate count.This is not financial advice. In my previous post, I suggested that Minor Wave 4 could go all the way down to 0.618 fib: However, after doing a deeper dive into the long squeeze in the last day and looking at its recovery, I think CRYPTOCAP:BTC has completed its corrective Minor Wave 4. This means that we're looking up towards an impulsive Minor Wave 5. If Minor Wave 5 completes, in my bullish main Elliot Wave count, we would get a full picture for Intermediate Wave 1. We would then be able to expect an Intermediate Wave 2 correction. However, while Wave 2 usually corrects 0.618 fib, this time round, CRYPTOCAP:BTC has shown inclination and strength to correct between 0.236 and 0.328 levels. And then we will be making that Impulsive Wave 3 up. That will be bonkers.
BITSTAMP:BTCUSDLong
by googooboyy
1
$BTC breaks $115k invalidates Wave 5 -- still Wave 4 correction.So it was a long squeeze after all, and one that was coming. The initial thoughts were that we're on a Wave 5 up and counting: But we're brought back down to earth as CRYPTOCAP:BTC breaks below $115k, invalidating a Wave 5 count. So, it's official: we're still on a Wave 4 correction, which can go as low as 0.618 fib towards $112k. Now painting a likely scenario given that Wave 2 correction only moved 0.236 fib ~ 0.328 fib (Wave 2 & Wave 4 often contrast): This could play out till end July or even all the way into early August, which if comes to fruition, could signal for a bullish August. And August has historically almost always been a bearish month (8 red historical months out of 12). Pinch me.
BITSTAMP:BTCUSDShort
by googooboyy
1
Hellena | Oil (4H): SHORT to support area of 63.000.Colleagues, I believe that wave “B” has formed at the level of 69.938, and now we expect the downward movement to continue with the aim of completing wave ‘C’ of the middle order and wave “2” of the higher order in the support area of 63,000. It is quite possible that the price could reach the 60,000 level, but I think that for now it is worth focusing on the nearest targets. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
12
XAUUSD - Bullish Direction BiasThe Gold USD market on the 15-minute timeframe shows a notable downtrend followed by a retracement phase. The price is currently moving in a potential reversal structure with key areas marked as possible retracement or continuation points. The chart highlights multiple potential support and resistance zones, indicated with small orange boxes, which mark anticipated areas for price reactions during the expected short-term moves. The trading plan anticipates price to move upward towards these intermediate zones sequentially, with each zone acting as a minor resistance before price attempts to continue its bullish retracement. After reaching the higher target zone near 3424, a reversal or new wave is expected to unfold, potentially resuming the downtrend. This plan emphasizes careful monitoring of price action at these key zones to confirm reversal or continuation signals. Traders should look for confirmation signals like pin bars, candle patterns, or volume clues at each zone before entering the trade. Risk management involves setting appropriate stops beyond these resistance zones to protect against false breakouts or sudden trend changes. This approach uses a combination of technical levels, price action confirmation, and careful zone analysis to guide trading decisions in a fast-moving market.
VANTAGE:XAUUSD.TVLong
by famousone_chn
Hellena | GOLD (4H): LONG to resistance area of 3498 (Wave 3).The price continues to move in a bullish direction, and I believe that now is the time to pay attention to the medium-term wave “3.” It is actively developing, and I believe that the target should be set at the maximum area of the higher-order wave “3” — the resistance area of 3498. This is the nearest target, which carries significant weight. Overall, the upward five-wave movement is developing according to the old scenario. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
17
Hellena | GOLD (4H): LONG to resistance area of 3397 (Wave 3).Dear colleagues, my previous forecast remains valid, but I have decided to update it. At the moment, I still think that wave “3” of the medium order continues its upward movement. At the moment, I think that the small correction in wave “2” is ending and we will see a continuation of the trend. I see the resistance area of 3397.94 as the target. The main thing is to overcome the local level of the small wave “1” at 3366.37. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:XAUUSDLong
by Hellena_Trade
61
ETH/USD Breaking Higher, Can Fill The Gap? Hey traders, Some of the altcoins are recovering very nicely today, with Ethereum being no exception. In fact, we’ve seen a pretty nice consolidation on ETH over the last three weeks, and it looks like it’s breaking to the upside right now. I wouldn’t be surprised to see more gains unfolding into wave five of a five-wave advance away from the April lows. Targets around 3000 and even 3300 could be quite interesting, especially if we consider the big gap that dates back to February. GH
CME:ETH1!
by ew-forecast
4
XAU/USD Elliott Wave Setup : Triangle Ends, Impulse BeginsThe 8-hour XAU/USD chart presents an Elliott Wave structure, currently in the final stages of Wave 4 within a larger impulsive cycle. The complex correction in Wave 4 has unfolded as a WXYXZ (triple-three pattern), forming a contracting triangle (ABCDE) — a classic consolidation phase that typically precedes a sharp impulsive breakout. Wave E has recently completed near the lower boundary of the triangle, supported by the ascending trendline drawn from the April low. This suggests the correction is mature and Wave 5 is ready to ignite. Target 1 (T1) : 3434.845 Target 2 (T2) : 3500.535 Stop Loss (SL) : 3309.729 The triangle (Wave 4) breakout structure suggests bullish continuation. Multiple internal WXY corrective waves have completed, signaling exhaustion. Volume and candle structure support the possibility of impulsive buying in Wave 5.
OANDA:XAUUSD
by Money_Dictators
Drop Your Token – I’ll Do The AnalysisHey everyone! Hope you’re having an amazing weekend ! Want me to analyze your favorite token ? Just drop your request in the comments using this format: Request Format Project Name: Bitcoin Token Symbol: BTC( BINANCE:BTCUSDT ) Important Notes: I’ll pick and analyze only the first 10 tokens requested . One request per person — so choose wisely! I’ll reply directly under your comment with the analysis. If you find this helpful, don’t forget to Like ❤️ and Share this post with your friends! Here’s to your success — health, wealth, and great trades! 🚀
by pejman_zwin
99
Hellena | EUR/USD (4H): LONG to the resistance area 1.18280.The previous idea was aimed at updating the maximum of 1.18280, but the correction turned out to be too deep. Therefore, I am proposing a new idea. I believe that wave “3” has formed, and now we should see the completion of the correction in wave “4,” after which I expect to see an upward movement in wave “5.” My target is at least the high of wave “3” — the resistance area of 1.18280. As for the correction, I think it could reach the 1.15459 area, but I recommend working with pending orders. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
14
Cable looking for a new high with Ending DiagonalCable found some support in the last 24 hours and it looks like we may still see a retest of the high, so apparently this 5th wave is still in progress but unfolding with an ending diagonal with subwave five on the way up to 1.37–1.38, which could be the key resistance for this reversal pattern. So despite some recovery that is happening right now, we still think that the impulse from January is in late stages, which is also confirmed by divergence on the RSI and overlapping price action that clearly suggests that bulls are losing strength up here. GH
by ew-forecast