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XAUUSD – 30m | Channel Break → Retest → Bearish Liquidity Sweep OANDA:XAUUSD The 4,240 resistance remains a strong rejection point, with price now trading inside a lower-timeframe distribution. Liquidity sits below 4,177 and 4,155 where previous reaction points remain untested. As long as market holds beneath 4,240, the downside continuation remains the more probable scenario. Key Scenarios 📉 Bearish Continuation (Primary Plan) Confirmation: Lower-high → rejection from 4,210–4,220 🎯 Target 1 → 4,177.5 (Liquidity sweep) 🎯 Target 2 → 4,155 (Support zone base) 📈 Bullish Invalidation A clean break and hold above 4,240 would flip the structure bullish again. Current Levels to Watch Resistance 🔴: 4,240.677 Support 🟢: 4,177 | 4,155 ⚠️ Disclaimer: This analysis is for educational purposes only — not financial advice
OANDA:XAUUSDShort
by Elise-Golden-Sparks
8
QQQ Short Term Cycle Nearing End; Pullback to Attract BuyersThe short-term Elliott Wave outlook for the Nasdaq 100 ETF (QQQ) indicates that the cycle from the April 2025 low remains active. Wave (4) of the ongoing impulse concluded at 580.27, and the ETF has since resumed its upward trajectory. To confirm continuation, price must break above the prior wave (3) peak recorded on 30 October at 638.41. The rally from the 21 November wave (4) low has matured and is expected to complete soon, reflecting the natural rhythm of the Elliott Wave sequence. The advance from wave (4) has unfolded as a five-wave impulse. Within this structure, wave ((i)) ended at 586.25, followed by a corrective pullback in wave ((ii)) that terminated at 580.36. From there, the ETF nested higher. Wave (i) of the next sequence ended at 596.98, while wave (ii) pulled back to 589.44. Momentum carried wave (iii) to 606.76, before wave (iv) corrected to 597.32. The final leg, wave (v), reached 619.51, completing wave ((iii)) at a higher degree. A subsequent pullback in wave ((iv)) ended at 612.13. Looking ahead, wave ((v)) of 1 is expected to finish soon. Afterward, a corrective wave 2 should unfold, addressing the cycle from the 21 November low before the ETF resumes higher. In the near term, as long as the pivot at 580.27 remains intact, dips are anticipated to find support in a 3, 7, or 11 swing sequence, reinforcing prospects for further upside.
NASDAQ:QQQ
by Elliottwave-Forecast
1
SOLUSDT Relief Rally into Supply Big Move ComingSOLUSDT has been grinding through a deep corrective phase since the January 2025 ATH. Wave A established the base, and price action is now developing the final leg of the structure. If the pattern completes fully, the extension could stretch toward the $80 zone before true recovery begins. For now, the market is attempting a relief rally from the $123 support. Price is heading straight into a key supply block, and this zone will decide everything: 🔺 Break and hold above = bullish shift resumes 🔻 Rejection = deeper correction, wave C continues This is the moment where trend direction becomes clear. Any breakout from this supply area will ignite strong momentum and could change the narrative completely. The structure remains clean, and volatility is building. The thread will be updated as the move develops. Drop your thoughts below, are you watching the same zone?
by weslad
1
Elliot wave suggests correction on NQ for wave (2) -> [5]Instrument: NASDAQ 100 E-mini Futures (NQ) Bias : Short-term corrective downside after a completed impulse, then continuation higher. 1. Bigger picture – why I expect a correction From the low around 23,890 we’ve put in a very clean 5-wave impulsive advance: * Wave (i)–(ii) starts the move off the low. * Wave (iii) is clearly the strongest and longest leg – classic extended 3rd wave behaviour. * Wave (iv) is a shallow sideways consolidation. * The current high is labelled (1), with the last leg subdividing as an ending diagonal in wave (v): overlapping structure, contracting highs, and loss of momentum. That wedge-type structure at the top usually signals trend exhaustion , not the start of fresh impulsive upside. So my base case is that the first motive wave up from 23,890 is complete and we’re now looking for a textbook wave (2) pullback. We also can back this data up with volume nodes we can observe during the NY Cash sessions. Who are clearly showing signs of distribution. Wave (2) corrections most often retrace 50–61.8% of wave (1) in a 3-wave A-B-C structure – exactly what the chart is projecting. 2. Expected path – the A-B-C into the blue box From the current highs around 25,600–25,700 I’m looking for: 1. Wave (a) down First impulsive leg lower, ideally breaking out of the wedge and pushing into the rising yellow trendline zone around ±25,200. 2. Wave (b) retrace up Corrective bounce that stays below the stop zone and forms a lower high. 3. Wave (c) down into the blue box Final flush into the confluence zone marked in blue, where: 50% retrace of wave (1) sits around 24,800. 61.8% retrace sits around 24,600 There’s also a previous structural support / prior wave-4 area. Labelled as the end of wave (2) on the chart. This blue rectangle is my primary target area for the current correction and also my preferred zone to look for fresh longs if the structure behaves as expected. 4. Trade idea #1 – Aggressive short from the wedge This is the “ catch the correction ” play for traders comfortable trading against the higher-timeframe trend. Idea: Short against the completed wedge / wave (1) high, targeting the A-B-C correction into the blue zone. Entry zone: Around current prices in the 25,580–25,600 area (wedge top / prior minor highs). Stop-loss (hard invalidation for the short): Above the red “Stop” band and the labelled high at 25,746.75 If price breaks and holds above this level, the idea of a completed wave (1) and immediate correction is likely wrong – stand aside. Profit targets: TP1 – first leg / (A) completion: Around the rising yellow trendline near 25,150–25,250 Take some off here if you want to pay yourself on the initial impulse. TP2 – upper edge of blue box (50% fib): 24,822.25 TP3 – lower edge of blue box (61.8% fib & (c) completion): 24,600–24,650 are For reference, using an approximate entry at 25,600: Risk: 25,740. – 25,600 ≈ 138.75 pts Reward to TP2: 25,600 – 24,800 ≈ 780 pts (~5.7R) Reward to TP3: 25,600 – 24,660 ≈ 940 pts (~6.8R) So the idea offers an attractive reward:risk , as long as you accept the possibility that the correction may be shallower or more complex than the “ideal” projection. What I want to see step-by-step if I’m in this short: 1. A convincing break down out of the wedge. 2. Follow-through selling to the yellow trendline (wave (a)). 3. A choppy overlapping bounce that stalls under the stop zone (wave (b)). 4. One more push down with increasing momentum into the blue box (wave (c)) – where I’ll look to exit shorts and flip bias. 5. Trade idea #2 – Conservative swing long from the blue bo x If you don’t like shorting a strong trend, the more conservative plan is to ignore the short and only look for longs once the correction has played out. Idea : Buy the end of wave (2) in the blue box for a continuation higher in wave (3). So we are trying to buy the dip in a strong trend. Buy zone (long trigger area ): Blue box between roughly 24,800–24,600. Ideally after we’ve seen a full A-B-C structure into this zone and some kind of reaction. (rejection wicks, bullish divergence, lower-timeframe 5-wave impulse off the lows, etc.).It could also be a more complex correction like WXY, However most of the time we expect a wave 2 more str8 forward price action. Stop-loss for the long: Conservative, structure-based invalidation remains the red line at 23,890 A break below this low would invalidate the wave (1)–(2) interpretation and suggest something more bearish is underway. Tactically, some traders may opt for a tighter stop just below the blue box (e.g. under 24,550), but that’s a money-management choice, not a structural one. Upside objectives: First objective is a retest and break of the 25,746 high . From there, if this is indeed the start of wave (3), extensions towards **26,000+** become realistic (1.0–1.618 extensions of wave (1), not drawn in detail here but implied by the dashed grey path). 6. Invalidation and what would change my mind Short-term bearish idea is invalid : if price closes decisively above 25,75x without first breaking down. That would suggest that wave (1) is still extending, or that we’re in a different pattern (e.g. a larger ending diagonal or a complex topping structure). In that case I step aside and reassess. Medium-term bullish roadmap is invalid if price trades below 23,890 . Then the whole impulse from the low is likely mis-labelled and I would expect a deeper bearish structure. However this 7. Final notes This is an Elliott Wave–driven roadmap, not a guarantee. I’m planning to: Treat the current region as exhaustion of wave (1). Use it either for an aggressive short into the A-B-C correction, Or wait patiently for the blue box to develop for a more conservative long into a potential wave (3). As always: manage your risk, size appropriately, and don’t trade this blindly. This is a trade idea and educational analysis, not financial advice. Since lack of time I was not able to post many trade ideas in the past months. However I'm going to try to get back some more ideas in the future! Please leave feedback and comments!
CME_MINI:NQ1!Short
by AppY-Crypto
$BULL - WeBull Off All Time LowsWe could be heading for $10 and over for WeBull. Webull appears undervalued given its strong recent performance and market potential. In Q3 2025, the company reported a 55% year-over-year revenue increase to $156.9 million, with trading-related revenue up 64% and adjusted net income turning positive which are clear signs of operational momentum. Despite these gains, the stock still trades around $9.62, near its 52-week low of $8.72. Intrinsic value estimates place fair value near $15-$18 per share, almost 50% above the current price, suggesting substantial upside. Webull’s continued international expansion, growing user base, and the rollout of new fintech features position it for accelerated growth and profitability in upcoming quarters. Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise. Feel free to give us a follow and shoot us a like for more analysis updates
NASDAQ:BULLLong
by MannyLo
USDCAD inside the support areawww.tradingview.com OANDA:USDCAD USDCAD has broken the BOS and made a new high near the resistance trend . now head back to its strongest support area I think it should not lose the area between 1.38985 - 1.38885 otherwise it will be a downward trend because it is the very strong area that gave it the very high it made I already entered a long posision targeting 1.41230 be carful because we have EMA cross which can change the whole charecter to the trend follow me guys so I can post more of my analyze and help you guys by sharing my ideas
Long
by BigBroShadi
Today's strategy! Short gold at 4208-4220!After the gold market opened this week, gold prices rose but encountered resistance and then pulled back. Compared with the past, the overall fluctuation range was not large, with the highest and lowest points fluctuating by only about $100, and the trend has been oscillating and adjusting. Weak US ADP data further fueled market expectations of a December rate cut by the Federal Reserve, supporting gold prices to remain in a high-level consolidation phase. Short-term technical analysis shows that gold prices have been hovering around the $4200 level, which has temporarily become a key dividing line between bullish and bearish sentiment. Our trading strategy is to treat this as range-bound trading. A short-term strategy could consider shorting gold in the $4208-$4220 range. The MACD is showing signs of a death cross, indicating weakening upward momentum. The above views represent my personal thoughts. If you do not yet have a clear trading strategy or the ability to independently analyze market trends, you are welcome to refer to them! Let's improve together! If the market changes, I will notify you in the channel!
TVC:GOLDShort
by Market_Trading_Guide
BTC 4H Chart Review1. Market Structure: Rising Channel (Upward Wedge / Rising Channel) The chart clearly shows that BTC is moving within an ascending channel, with: the upper boundary around USD 95,000–95,500, the lower boundary currently reaching USD 86,500–87,000. This is a potentially exhausting formation, and lower breakouts are often dynamic. 2. Current Situation: Rebound from the upper band and Stoch RSI overbought → decline The price has stopped exactly at the upper resistance of the channel and has begun a correction. This is typical behavior – the market usually returns to the middle or lower edge of the channel. Stoch RSI on 4H – has made a strong reversal from the overbought zone → a signal for a short-term correction has already been generated. 3. Support Levels (most important): 🔴 USD 90,500–90,000 A very important zone – previous resistance ⇒ now support. Breakout = increased risk of a deeper breakout. 🔴 USD 88,500–88,000 A strong demand level for the 4-hour period, also aligned with the MA and local lows. 🔴 USD 86,500–87,000 The lower band of the channel – the most likely place for buyers to become active. 4. Resistance Levels: 🟢 USD 94,800 Previous local high – a breakout will be bullish. 🟢 USD 98,000–98,900 Strong resistance on the chart, likely target after a breakout of the channel to the upside. 5. Scenarios for the coming hours: 📉 Correction scenario (more likely based on the Stoch RSI) The price could fall to one of the following zones: 92,000 → test in progress 90,500–90,000 USD → main market decision level If it loses 90,000 → a move to 88,500–88,000 is natural. Deeper correction: test of the lower channel line – ~86,500 USD. In this scenario, we remain in an uptrend unless the channel breaks below. 📈 Uptrend scenario The current decline could only be: a local correction, a retest of the previous demand zone. Uptrend condition: ➡️ 4-hour candlestick retracement and close above ~94,000 USD. Then the target: 94,800 95,500 and after the channel breakout → $98,000–$99,000
by cryptodailyuk
1
did bitcoin make an inorganic low?good afternoon, an inorganic low is reffered to as a "truncated 5th" in elliott wave theory. one of the original people who mentioned the term was ralph nelson elliott, when he wrote "the wave principle" an inoragnic low, by definition is a 5th wave which fails to sweep the wave 3 area. in an uptrend, this can happen due to loss of momentum, but in a downtrend, this could happen due to a major sign of strength. through out my years in this market, i have personally observed and studied the psychology behind the truncated 5th and how the crowd mentality behaves around it. often times, there's a sharp reversal and people expect the low to get swept, orders at the lows; but price never returns down there, and their orders don't get filled - which leads to panic buying on the way up, creating extensions in the waves which follow. --- truncated 5ths in a downtrend are very bullish. --- i postulate btc sweeps the all time highs, without sweeping the recent 80k low. --- 🎯 = 151k
COINBASE:BTCUSDLong
by lunarsyndicate9
3
Silver (XAG/USD) – 4H Technical OutlookSilver (XAG/USD) – 4H Technical Outlook Silver is currently sitting right on the red bullish trendline, which is the main structure holding this entire uptrend together. This level is the pivot that will decide whether the market continues its bullish run or enters a deeper correction. Bullish Scenario If price bounces cleanly from the red trendline, we can expect momentum to shift back upward toward the next key level at 59.528. A strong rejection here would signal continuation of the bullish structure, opening the door for new highs above the recent peak. Bearish Scenario If price breaks and closes below the red trendline, this will invalidate the short-term bullish structure. That break would likely trigger a deep correction, with the first liquidity target sitting around 54.575 (yellow zone). Key Note From this exact zone, both outcomes are on the table — either a new high is born from a trendline bounce, or a structural correction begins from a confirmed trendline break. Traders should wait for confirmation before choosing a direction.
TICKMILL:XAGUSD
by Avo-Trades
GOLD → Retest of consolidation support on uptrend FX:XAUUSD is trading in a sideways range around $4,200, awaiting new labor market data to determine the Fed's policy trajectory after December's rate cut. Weak US data (a 32K decline in ADP employment and a slight increase in ISM services to 52.6) did not change market expectations. The probability of a 25 bp Fed rate cut on December 11 is around 90%. Attention has shifted to the trajectory of policy easing in early 2026. Key factors will be data on unemployment claims and sentiment on Wall Street. The fundamental background is relatively positive, and the dollar has entered a correction phase due to expectations of lower rates, which may support the gold price... Resistance levels: 4238, 4262 Support levels: 4185, 4175 Gold is testing the support levels of the key trading range. If the bulls keep the price above 4185 and form a bullish reversal pattern, then in the short and medium term, we can expect growth to intermediate highs. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
20
ETHEREUM → The emergence of a positive driver?BINANCE:ETHUSDT is soaring amid a news rally and testing resistance at 3230. The daily increase was almost 20%. If growth is expected, then after a slight correction... Fundamental background: the market reacted to rumors of the replacement of the Fed chairman with Kevin Hassett, who is more “dovish” and loyal to cryptocurrencies. The market broke the local structure and updated the interim maximum from 3070 to 3230. A false breakout of resistance is forming relative to the key resistance level, and the market is entering a correction/stagnation phase. Bitcoin, the main driver of the cryptocurrency market, faced strong resistance at 95K. The global market trend is downward, and a change in trend will require time and more confirmation... There is a struggle for resistance in the market, and several scenarios are possible: consolidation and a breakout of resistance, or growth after correction... Resistance levels: 3230, 3370 Support levels: 3172 (local), 3057 High probability: a false breakout of 3230 will trigger a correction to 3050 (before the news). If the bulls keep the price above 3050, growth may continue as part of the change in the fundamental background. BUT! If buyers keep the price without correction, then the focus will be on 3230. Consolidation above this level could trigger growth to 3370 - 3620. Best regards, R. Linda!
by RLinda
10
DraftKings Wave Analysis – 4 December 2025- DraftKings reversed from support zone - Likely to rise to resistance level 36.00 DraftKings recently reversed from the strong support zone between the multi-year support level 30.00 (which has been reversing the price from 2024) and the lower weekly Bollinger Band. The upward reversal from this support zone started the active weekly correction 2. DraftKings can be expected to rise further to the next resistance level 36.00 (which reversed the price earlier this year, as can be seen below).
NASDAQ:DKNGLong
by FxPro
Bitcoin Pumps +10% — Bull Trap or Trend Reversal?Bitcoin( BINANCE:BTCUSDT ) has experienced over a +10% increase in the past two days, which came as a surprise to many analysts considering the previous bearish momentum. In other words, Bitcoin is on something of a roller coaster lately😂. The question now is whether Bitcoin has started a new bullish trend or if it’s likely to see another decline. Let’s dive into the 4-hour chart of Bitcoin. Currently, Bitcoin is approaching a resistance zone($94,850-$93,000), a Cumulative Short Liquidation Leverage($94,710-$94,063), and the monthly pivot point. This cluster of resistances, combined with the recent upward momentum, might make it challenging for Bitcoin to break through. It’s also worth noting that the trading volume during this recent rally hasn’t been particularly high, so Bitcoin could still surprise us. This recent behavior shows that Bitcoin can move sharply both up and down, so it’s crucial to maintain proper risk management. From an Elliott Wave perspective, considering Bitcoin’s recent decline, I initially expected that Bitcoin might at least test the low of its main wave 3 again. However, the recent rebound suggests that the main wave 5 may be truncated, and the corrective waves could still push Bitcoin lower, potentially even below $75,000. From a classical technical analysis perspective, Bitcoin might be forming a bearish flag pattern, with the ascending channel acting as the flag’s pole. In addition, the USDT.D%( CRYPTOCAP:USDT.D ) is still on an upward trend, which indicates that the cryptocurrency market might still face downward pressure. Moreover, geopolitical tensions, such as those between the U.S. and Venezuela, could also act as a trigger for further Bitcoin declines if they escalate. Lastly, the S&P 500 index( SP:SPX ), despite its recent bullish trend, doesn’t show the same positive correlation with Bitcoin. In fact, a decline in the S&P 500 could amplify Bitcoin’s downward movement. Considering all these factors, I expect Bitcoin to continue its bearish trend and potentially test the heavy support zone. If these support levels break, we could see even more significant declines in the crypto market. Based on the above explanation, I expect Bitcoin to have at least a correction to the targets I specified on the chart, and then depending on the momentum, we can expect a continuation of the decline or a resurgence. Note: In general, with the opening of the US markets, financial market movements have become more intense these days than before, and it is better to be prepared for any scenario at that time. What do you think? Do you believe Bitcoin will dip below $75,000, or will it bounce back? Cumulative Short Liquidation Leverage: $98,591-$96,688 Cumulative Long Liquidation Leverage: $91,860-$90,960 Stop Loss(SL): $96,200 Points may shift as the market evolves 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌Bitcoin Analysis (BTCUSDT), 4-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.
Short
by pejman_zwin
42
Kaspa bullish VibesChart Analysis This is a daily (1D) candlestick chart for KAS/USDT on the Gate.io exchange, created by "GoonBoyCrypto" as of December 4, 2025. It covers historical price action from July 2025 onward, with projections extending into early 2026 (up to March). The price scale ranges roughly from 0.0500 to 0.1500 USDT, indicating Kaspa's value has been trading in a low range during this period. The chart incorporates elements of Smart Money Concepts (SMC), Fibonacci levels, and an Elliott Wave count, along with buy/sell signals and areas of interest. Here's a breakdown: Key Price Action and Patterns Uptrend Phase (July–August 2025): The chart starts with a bullish move, marked by a green "Buy" signal near a low of ~0.08 USDT. Price rallies to a high of approximately ~0.14 USDT, forming a green-shaded bullish area. This is followed by a pullback to a "HL" (Higher Low), suggesting temporary support. Downtrend Phase (August–December 2025): After peaking, a red "Sell" signal appears at the top, labelled "LH" (likely Lower High). The trend shifts bearish with a "ChCh" (Change of Character) and "BoS" (Break of Structure), indicating a reversal from bullish to bearish structure. Price declines steadily, with pink-shaded bearish areas and a sharp red downward arrow highlighting a major drop (possibly in November), bottoming out near ~0.04 USDT. A large red candle emphasises this capitulation. Potential Reversal (December 2025 Onward): At the low, there's another green "Buy" signal and an orange-circled "Area of Interest" (possibly an order block or fair value gap for accumulation). The price forms a bottoming pattern, like a consolidation triangle or wedge, before breaking out upward. Elliott Wave Projection: The numbered labels (1) through (5) suggest an impulsive bullish wave count starting from the December low:(1): Initial up to ~0.0618 USDT. (2): Retrace down to ~0.0382 USDT. (3): Extension up to ~0.0786 USDT. (4): Pullback to ~0.0236 USDT (this seems aggressive and may indicate a deep correction or a labelling error; it could be a Fib 0.236 retracement level). (5): Projected upward leg, pointing toward higher levels (potentially ~0.10 USDT or beyond, based on the line's trajectory into 2026). These levels (0.236, 0.382, 0.618, 0.786) are classic Fibonacci retracement/extension points, likely drawn from the major high-to-low move, guiding the wave targets. Indicators used feature the "All in One " indicator suite, including RSI, Stochastic (Stoch), MACD, ADX, Veup, and others. Signals are mixed: Bearish Signals: Stoch RSI (Bearish Crossover), MACD (Bearish Crossover), ADX (Bearish Range), Veup STC (Down Trend), DX (Down Trend, Market Dump). Bullish Signals: SMA 10 (Bullish), SMA 20 (Bullish), SMA 30 (Bullish Others), some RSI variants (e.g., RSI 40 at 36.83, potentially oversold). Neutral/Other: RSI 14 at 50.3 (neutral), overall suggesting waning bearish momentum but not yet fully bullish. This aligns with a potential reversal if support holds. The chart creates an optimistic approach, projecting a bullish breakout from the current low, with the wave (5) extending into February–March 2026. However, the mixed indicators highlight risks if the downtrend resumes. My Prediction Based on the chart's technical setup, Kaspa appears to be at a critical inflexion point after a prolonged downtrend, with signs of exhaustion and a potential bullish reversal. The Elliott Wave count and buy signal at the "Area of Interest" suggest accumulation around 0.04–0.05 USDT, setting up for an impulse higher. If price holds above the recent low (0.0236–0.0382 USDT) and breaks above wave (3) resistance (~0.0786 USDT), it could confirm the uptrend. Short-Term (Next 1–3 Months, into Q1 2026): Bullish, targeting ~0.06–0.10 USDT (Fib extensions and wave (5) projection). This matches recent sentiment for near-term gains. Medium-Term (2026): If the reversal holds, potential for 0.20–0.50 USDT, driven by tech upgrades (e.g., ZK, DagKnight, vProgs) and listings. This aligns with broader predictions of 0.50–0.80 USDT. Long-Term (2027–2028): Highly bullish if adoption grows (e.g., dApps, RWA integration, high TPS/hashrate). Targets could reach 1–5 USDT or higher, based on power-law growth models and comparisons to other L1s like SOL, BNB & ETH. Risks include a breakdown below ~0.04 USDT, which could lead to further downside (e.g., 0.02 USDT), especially if Bitcoin weakens or network metrics (e.g., hashrate at 630 PH/s) falter. Crypto is volatile—this is not financial advice; consider market conditions and DYOR. I am not an advisor just a Kas Maxi sharing my personal views for fun
Long
by GoonBoyCrypto
1
$BTC has actually been following a clean Elliott Wave1/ Lately all my CRYPTOCAP:BTC updates were focused on the big uptrend channel… but today I realized something much more important: Bitcoin has actually been following a clean Elliott Wave structure this whole time. And this recent drop finally makes the picture clear. 2/ According to Elliott Wave Theory, markets move in 5 impulse waves followed by a 3-wave ABC correction. On the weekly chart, CRYPTOCAP:BTC perfectly fits this pattern: • Wave (1) ✔️ • Wave (2) ✔️ • Wave (3) ✔️ • Wave (4) ✔️ • Wave (5) ✔️ — now completed
BITSTAMP:BTCUSD
by Cockpitrader
7