Wave Analysis
Bitcoin Analysis and Strategy: The Rally is Still to ComeBitcoin Analysis
The weekend market saw minimal volatility, hovering between 110,000 and 111,500 points. Since the sharp drop on August 29th, the market has stabilized, with support around 107,200 holding firm. This is because it marked the lowest point of the sideways movement from July 4th to 8th. This level is a proven support point and served as the starting point for the previous rally to a high of 123,200. The recent rebound was driven by buying at this support level. In the short term, we should continue to look for a rebound based on this level. As long as the previous double bottom remains intact, the market will continue its upward trend. I am optimistic about a continued Bitcoin rebound.
Strategy
Recently, we have maintained a bullish stance. Long positions can be opened freely below 110,000. Yesterday's recommended entry point was 110,570. While the current rebound hasn't been significant, profits have already been realized. If the price falls back to the 110500 to 110800 area today, you can continue to open long positions, with the target at 112500 or even 113500.
BTC Long ideaNot investment or financial advice.
Since June of 2022 we have been in an ascending channel.
The August 2024 bottom has retested the top of Jan 2024 top, the March of 2024 top has been retested by April of 2025 bottom, and we are now sitting at an inflection point where the market is forming an inverse head and shoulders on the daily timeframe, testing the top of Jan 2025 highs. We're also at the bottom of the channel (or nearing very close). I think it's quite possible that we CAN drop to 102k ish to fill the order block, or we can go to the top of the channel here.
Long idea here; what you do not want to see is a break down of the channel and retest ,followed by a swing lower successfully denying the existence of the channel.
If this is to follow current market trends, we can see a high point of 272,000 during Feb of 2026.
Not financial advice or investment advice, or anything of the sort.
This final wave (if MM's decide to let it break up one more time) will be the final wave for this cycle on BTC before heading into a bear market.
NQ - Upside remains, but time is tickingSEED_ALEXDRAYM_SHORTINTEREST2:NQ #NQ Further upside remains likely, as price is approaches the completion of both the W harmonic and #Elliottwave structures, with a fifth wave still in progress. However, the timing for this move appears limited, as price is nearing major resistance marked by the blue Earth/Mars synodic and pink Venus/Mars synodic planetary lines—these astro lines suggest a high-probability reversal or exhaustion zone is near.
CME_MINI:NQ1!
TAC/USDT – Base Support & Bullish Structure FormingIn August 2025, TAC/USDT established a solid base support at the 0.0083–0.0085 zone. Moving into September, this level has been repeatedly defended by buyers, confirming it as a key support zone.
Price action has since started to form a bullish structure, printing higher lows (HL) that signal growing momentum and accumulation. If this structure continues to hold, TAC could be gearing up for its next bullish leg.
WEEKLY UPDATE ON BTC, ETH, BTC.D - 9/7/2025This weekend's technical analysis is an update from previous week's analysis posted. I am expecting BTC to continue it's price action to the daily 200 EMA after the relief bounce off from the weekly 21 EMA as noted last week. Our BTC analysis will be invalidated if the on the daily chart we get a candle open and close above $114k on good volume and momentum as the weekly and monthly chart is still in a strong uptrend.
ETH pullback is also intact as discussed from last week and approaching the breakout price level of $4000 which coincides with the weekly 9EMA support zone. I will be expecting ETH bulls to battle this level in a consolidation price action before a break down to the weekly 21 EMA target of 3,500.
Bitcoin Dominance did follow through our analysis last week with the inverted hammer play and has now also given some confirmation of a temporal reversal based on indicators. I will be expecting a bounce on Bitcoin Dominance to the resistance level of 59.2% and if there enough momentum to break through the resistance then next target will be 60.64%.
That's a summary of what I will be looking for on these charts as the week unfolds. Thanks for spending time to listen to my analysis and opinion and I wish you the best of trading this week. Cheers !!!
66% possibility of NIFTY 24,160 this week.Green MA is VWAP from 7 April 2025 Swing Low. From that date perspective, market is still bulish.
Yellow MA is VWAP from Swing High of 27 September 2024. Market should bounce back from that. It it does not and crashes through - then we will officially be in the bearish phase.
Sell NIFT on Tuesday if Monday closes below 24,566. SL 24,600. 1/3 profit taking at 24,400, next 1/3 at 24,300 and remaining.
Purely a study. Not an advice.
All the best.
NIFTY50.....Ready to rumble? Not yet....Hello Traders,
I couldn't let you go without an update for NIFTY50! Here it is!
The NIFTY50 reached a high during Thursday session at 24970 and before strongly reversed strong to the downside.
This was inline with my expectation, but it moves higher, as I anticipated. The move from the possible wave (ii), green, low look like a "three-up" and so I argue this was a corrective move up.
If so to come the next move should be down!
Chart analysis:
The low @24365 is the key level. If this level is undercut, the door would be open to lower levels, as I wrote in my latest analysis. One target range could be the "sky-blue" rectangle. As before. I am not clear with the structure of the move and I have labelled the count, but there is a lot of doubt about it!
Another idea is, that the low @24365 was the key low and the move that started that day, is part of waves (i), green and a deep diving wave (ii)) into the retracements, with a wave (iii) to follow! The move from the possible wave (ii), green, low @ 24407 looks like a "three-up", so it would be a corrective one. On the other hand, it is possible, that a "double"-waves 1 and 2 would be underway.
In this case, the index will be ready to "rumble", i.e. explode in the coming sessions!
As before. Seasonally, the time has not yet to come for a so called "Christmas-rally", it is simply too early!
So I guess, lower lows in the coming weeks would be too expected.
A "rate-cut" by the FED (Federal Reserve System) of course would stimulate the markets around the world. But keep in mind, that political stock markets have short legs, means it can be, that the market is on the way to price a rate cut, and then droop to the downside! But this, my friends, is only my personal point of view!
So, friends, you are prepared for the coming sessions.
Have a great week.....
Ruebennase
Please ask or comment as appropriate.
Trade on this analysis at your own risk.
EURUSD is in a Month Uptrend and should last a few more MonthsEURUSD is in a Monthly Uptrend and should last until the year end may test 12330/12550 before a Reversal, Currently it is in a Congestion on the Monthly and Weekly expect a breakout Higher while above 11580/11405. Currently, it is getting Ready for the Breakout higher above 11830 and the Break should happen on the 10th/11th Sep when the USD PPI Data is out , which is expected to disappoint the Market. Once 11830 breaks , we can see 12130/12330/12550 before the Correction Down.
Good Luck
LTC 4H, 1-2 nestedLTC/USD pair seems to getting out of a running flat correction (the last ABC in light green), building a 1-2, 1-2 (nested 1-2). This structure shall give us some ripping candles to the upside very soon. The confirmation of the inner 1-2 is at the 1.6 = 227USD, if we don't build another 5 waves, 3 corrective to keep nesting.
Overall, if we pump, its a very bullish base to pump, if we make a 5 wave corrective and retrace, its just more bullish.
Historical tops where in November, just one time in May. Keep the eyes white open.
#PYTH/USDT scalp short to 0.1523 #PYTH
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the decline.
There is a major resistance area (in green) at 0.1833, which represents strong resistance.
For inquiries, please leave a comment.
We are in a consolidation trend below the 100 moving average.
Entry price: 0.1707
First target: 0.1646
Second target: 0.1588
Third target: 0.1523
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
XAUUSD IS IN THE FINAL PHASE BEFORE THE CORRECTION DOWNXAUUSD is in a Multiyear high expect the momentum until the end of the year in the Long term but it is Due for a Correction on the Weekly before the Final Target 4200 or even 4380 before this Uptrend is over. Currently we expect the market to start it's Correction Down before 3650/3735/3780 levels and the Correction Down should happen some where near Sep18 after the FOMC Interest Rate Decision is out. The Correction Down should happen towards 3500/3450 after which we will see the Final push towards 4200.