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Wavesanalysis

#WAVESUSDT is currently strongly bullish#WAVES The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. A key support zone (in green) was found at 0.3900, and the price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 0.4155 First Target: 0.4200 Second Target: 0.4258 Third Target: 0.4300 You can close at the second target or wait for the third target to be reached. The choice is yours. Stop Loss: At the resistance zone (in green). Remember this simple rule: Money Management. Any questions? Please leave a comment. Thank you.
MEXC:WAVESUSDTLong
by CryptoAnalystSignal
$BTC Update – Sideways Phase Before the Next Move!CRYPTOCAP:BTC Update – Sideways Phase Before the Next Move! After reaching its all-time high in October, Bitcoin dropped to the $84.4K level, which acted as strong support for a period of time. From November, the market entered a sideways consolidation phase that lasted around 2 months and 10 days. Once that $84.4K level was broken, BTC saw a sharp decline down to the $60K zone in early February. Since then, the market has once again moved into another sideways structure, and it has now been 44 days of consolidation. Current Structure Right now, BTC is trading just below a key daily resistance around $70.74K, which is proving difficult to break. As long as price remains below this level, upside momentum is limited. On the downside, the key level to watch is $62.7K. This is the major support level that needs to break for the market to continue moving lower. Until that happens, the market is likely to continue ranging sideways. Possible Scenarios 🔹 Scenario 1: Price gets rejected from the $70.7K resistance, continues moving sideways, and eventually breaks down toward the $63K zone. 🔹 Scenario 2: BTC pushes slightly higher, possibly retesting the descending trendline (black line), and then faces rejection, leading to a move lower. What History Suggests The previous consolidation lasted about 70 days. So far, we are at 44 days, which means we could still see another ~20 days of sideways movement. Based on this pattern, a potential breakdown below $62K could happen around the second week of next month, but this is not guaranteed, just a projection based on historical behaviour. DYOR, NFA #Bitcoin #BTC
BINANCE:BTCUSDTShort
by CRYPTOMOJO_TA
14
MRK 1H Conservative Short SwingTradeConservative Trade + short impulse + 1/2 correction + BUI test level (exhaustion volume?) + weak approach + biggest volume Ut? + weak test + first bearish bar close entry Calculated affordable virtual stop (bought puts) 1 to 2 R/R take profit 1D Trend "+ short impulse + short volume distribution + neutral zone 2" 1M Trend "+ short impulse + 1/2 correction + resisting bar level + resistance level - strong approach from far + volumed manipulation bar" 1Y CounterTrend "+ long impulse + 1/2 correction"
NYSE:MRKShort
by MishaSuvorov
Analysis : CADJPY Bullish Wave Complete EUR & GBP rangeboundQuick follow-up to yesterday's multi-wave analysis, focusing on short-term price action developments across CADJPY, EURUSD, and GBPUSD. 📊 CADJPY - Bullish Wave Structure Complete ✅ The intraday bullish wave structure has now completed. Price action is setting up for high formation. What We're Watching: Expecting a valid pullback to confirm the high Once pullback structure forms, we'll look for continuation or reversal signals This is textbook wave completion behaviour Key Point: Let price show us the pullback structure before making decisions. Don't anticipate—react. 📊 EURUSD - Range-Bound Currently consolidating in range as anticipated. The expected downside move has not yet materialized. Status: Waiting for range break to confirm continuation of bearish structure from yesterday's analysis. 📊 GBPUSD - Range-Bound Upside Broken Similar to EURUSD, price is in consolidation range. Downside move expected but not yet confirmed. Status: Patience required. Let structure break before entering positions. Analysis Summary: ✅ CADJPY wave complete—watching for pullback ⏳ EURUSD & GBPUSD in range—waiting for breakout 📌 USDJPY not covered in this update Trading Principle: This is why we follow price behaviour mechanically. Predictions mean nothing—structure and confirmation mean everything. 👍 Boost if you find these daily updates helpful 👤 Follow for continued multi-wave analysis updates
by Charts247TradingAcademy
XAU USD - correction playing out of ABC I'm referring to the Daily price chart and key counts are in line with Wave counting and supply and demand curve trading levels based on fair value gap intervals of weekly trading sessions plotted to a daily chart at intervals of 60. Current wave - 3 of 5 in the Elliott wave count. Experiencing ABC corrective structure. Corrective structure B has formed now nicely at $4,232. XX and rejected nicely, with a newly supply formed - based on A point of structure holding at at $4,372 - $4,217 zone within the inside candle. Price has nicely breached the wick and sold off accordingly. Now what happens? two things - 1. Price will fall to $4000.00 and use this psychological zone and the previous order block to create and nice order block and move up - retaining the Demand control. 2. This looks to be a setup of a technical alignment of a drop, base, drop where price channel or corrective wave from Point B - to point C is forming. The gap between on the daily structure left shows between $3,850 - 3,720 est is the real zone of interest where the Demand driver will derive from. Master Key for zones Black = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily White = Wave Red = Lines - Fibonacci, wave alignment. Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual. Below are some of the take aways from the video - please listen again incase any detail is missed. Do you enjoy the setups? Professional analyst with 8+ years experience in the capital markets Focus on technical output not fundamentals Focus on investing for long term positional moves Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXIV
FOREXCOM:XAUUSD
by LupaCapital
CADJPY Downtrend Analysis: Bearish Momentum ContinuesThe CADJPY remains in a strong downtrend after completing its first wave structure to the downside. The corrective wave offered no signs of a trend reversal, confirming the sellers’ dominance. Yesterday, during the Tokyo session, a new bearish wave structure began, breaking below the first wave's momentum low. Wave 2 formed as a correction to Wave 1, creating an opportunity to look for short trades below 108.614. A break below 107.65 (momentum low) is expected, with a Fibonacci target of 61.8% as a likely end for the current wave. Key levels to watch: Entry: Below 108.614 Target: 107.65 and Fibonacci 61.8% level Stop Loss: Above 109.05 Selling above 109.05 is not recommended. Like, comment, and share your thoughts. Happy trading!
Short
by Charts247TradingAcademy
5
WAVES: Massive 530% Gain at 10x LeverageTrade Overview: WAVES surged to remarkable highs on the 4-hour timeframe. Utilizing the Risological Swing Trader , this long trade setup captured an extraordinary 530% gain at 10x leverage. Key Levels: Entry Price: $0.9990 Stop Loss (SL): $0.9565 Take Profit Targets: TP1: $1.0520 ✅ TP2: $1.1375 ✅ TP3: $1.2230 ✅ TP4: $1.2755 ✅ WAVES/USDT Analysis: The Risological Green Lines accurately depicted strong bullish momentum, allowing traders to trail the uptrend confidently. WAVES not only met all targets but exceeded expectations, reflecting robust market dynamics. Outlook: With such significant momentum, traders may keep monitoring WAVES for potential continuation patterns or retracements. This trade showcases the reliability of the Risological system for spotting high-profit opportunities.
BYBIT:WAVESUSDT.PLong
by Risological_Algo
Today trend gold bearishI just analyse the all global data and its, so powerful news come from all around the different countries in fear of USA will be in recession stage. japan maket crash in a single day make low of his history and Taiwan market crash rapidly and India make history low value of Indian currency. my scenario now market make low lower then low of this bull rally will end i think You take sell position around 2400.00 and make your stock loss around 2420.00 make take profit different level my target 2365.00. if its break definitely its make more low level. 2390.00 2385.00 2375.00 2365.00 Take profit 2 hit then you will move your entry price is your stock loss. use small lot size on chart market make manipulation so be carefull.
XShort
by NaviPips
Today Gold Target? Check Analysis Since gold caught the uptrend, it has not been a bearer. On Friday, when there was NFP news, gold was running at 2295. Subsequently, it fell to 2281 before catching an uptrend, closing at 2328 when the market closed. Now, as the market opened, gold initially dipped to 2304 before regaining momentum. Currently, it is in an uptrend, reaching 2355. We believe that gold may bounce back from 2325, with our target set at 2355. Additionally, if it breaks 2325, it could drop to 2304, with our buy target remaining at 2355 or 2375. 🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio. 📈 Our resistance levels are spotted at: - 2355.00 - 2375.00 📉 And our support levels are set at: - 2325.00 - 2203.00 Stay tuned for further updates and trade smartly! 📊
OANDA:XAUUSDLong
by BigtimeFx
Gold next target? check forecast We have seen that gold is continuously bullish and its momentum is not going down, so now we think that gold has gone as high as it was supposed to go, maybe it can go up a little more to 2258 or 2265. May then continue to go down and meet our targets of 2234 and 2188. 🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio. 📈 Our resistance levels are spotted at: - 2268.00 📉 And our support levels are set at: - 2234.00 - 2188.00 Stay tuned for further updates and trade smartly! 📊
FX:XAUUSDShort
by BigtimeFx