elliottwave

$SOL UPDATE: DON’T FOMO INTO THIS BOUNCE! 🚨

$SOL has pushed back toward the $100 area, but before jumping into a spot buy, take a closer look at the current market structure. 👀

📊 TECHNICAL VIEW

🔹 Wave (B) Bounce:
The recovery from $96.83 is currently testing the key Fibonacci zone around $100.28–$101.32 (0.5–0.618 retracement).

🔹 Resistance Still Active:
The descending channel trendline and overhead supply remain major obstacles for the bulls.

🔹 Key Invalidation:
As long as SOL stays below $106.93, the bearish wave structure remains in play, with lower demand zones still possible.

💡 SPOT TRADING PLAN

❌ Avoid chasing $SOL around $100–$101 — this area offers limited risk-to-reward.

🟢 Discount Entry:
Watch the $89.75–$86.73 demand zone if the Wave (C)/(5) correction develops.

🚀 Breakout Entry:
A confirmed 4H candle close above $107.50 could provide stronger evidence that the bearish structure is losing control.

🛡️ Patience > FOMO. Let price confirm the direction before committing capital.

#Solana #SOL #TechnicalAnalysis #ElliottWave #BinanceSquare

Have you noticed how often Wave 4 targets get invalidated in this cycle?
Traders keep placing orders at textbook retracement levels only to get stopped out when price extends further. That missed entry or premature exit turns into FOMO buying at the worst possible time.
Wave 3 in $BTC stretched beyond the standard 1.618 extension of Wave 1 and reached closer to 2.618. Because of that extra run, the entire Wave 4 structure shifted higher. Classic 38.2 percent and 50 percent retrace zones no longer line up with current price action.
The same pattern showed up in $ETH last month and $SOL followed shortly after. Anyone still using the original Wave 4 maps is trading yesterday's levels.
What's your take on where the adjusted Wave 4 actually finds support?
#ElliottWave #TechnicalAnalysis #Bitcoin

everyone thinks wave 4 pullback levels are set in stone from the start, but actually when wave 3 overextends, your entire invalidation zone shifts higher.

most traders keep their limit bids sitting at the old fib levels and end up completely front-run, or worse, they panic short thinking the trend broke. ngl getting chopped up because of stale pivot levels is the easiest way to bleed your stack.

we saw this exact setup play out on $BTC during the recent impulse. wave 3 pushed way past the standard 1.618 extension target, which automatically dragged the valid wave 4 support band several hundred dollars above where most people were waiting.

if you are still expecting a deep discount down to previous structural support on $ETH and the majors, you are likely trading yesterday's chart. extended third waves typically resolve into shallow, frustrating wave 4 consolidations that trap impatient capital on the sidelines.

where do you think this wave 4 bottom actually lands?

#CryptoTrading #ElliottWave #Bitcoin

If you are still entering pullback orders at old support levels before recalculating your fibs, stop now.

Most traders end up giving back their entire wave cycle profits simply because they stick to rigid targets after the market structure changes. Getting trapped in an early entry while the true correction is still unfolding is an expensive way to learn about wave extensions.

With Wave 3 extending further than the initial projections across major pairs like $BTC and $ETH , the anticipated Wave 4 retracement zones have officially shifted upward. Some analysts argue this invalidates the broader count and signals an immediate blow-off top. However, the cleaner interpretation is that we are just recalibrating the standard 0.236 to 0.382 pullbacks against a much higher impulse leg.

Chasing previous pivot zones will leave you sidelined or prematurely stopped out while momentum builds in assets like $SOL . Adjusting the retracement band higher keeps the risk-reward balanced without anticipating a deeper breakdown that the current trend simply is not showing.

Where are you recalculating your invalidation levels on this cycle?

#CryptoTrading #ElliottWave #TechnicalAnalysis

Picture this: you set your limit bids right at the textbook 0.382 retracement, waiting patiently for the pullback that never hits your order before taking off again.

Most traders get trapped because they map static pullback targets while price action is still expanding. When you fail to recalibrate your key levels as momentum stretches, you end up either chasing tops or watching the market leave you behind.

When Wave 3 extends beyond the standard 1.618 projection, the entire structure shifts. That extended leg on $BTC pushed momentum further than standard impulse models anticipated, dragging the expected Wave 4 retracement zones higher. What used to look like support at the previous 38.2% mark is no longer valid once that impulsive move stretches into the 2.618 extension territory.

Instead of waiting for deep discounts that may never arrive, managing risk requires recalculating the 23.6% and 38.2% shallow pullback bands against the updated peak. We are seeing similar structural adjustments ripple across $ETH and large-cap runners like $SOL , where shallow consolidations replace the deep corrections late buyers keep waiting for.

Are you adjusting your Fibonacci invalidation levels in real time or waiting for original bids to fill?

#CryptoTrading #ElliottWave #TechnicalAnalysis

A longer Wave 3 doesn't give you a safer Wave 4. It actually drops the danger zone lower and leaves more people holding bags they never planned for.

You've been staring at the same Fibonacci levels for days waiting to buy the dip. Then Wave 3 keeps running, the correction hits harder than your chart showed, and you're either stopped out early or sitting underwater while the real support is still lower.

When Wave 3 stretches past the typical 1.618 extension of Wave 1, the Wave 4 retracement almost never respects the original 38.2% level. Price usually hunts the 50% or 61.8% of the entire third wave, or it tags the previous fourth wave of lesser degree. I watched $BTC do this when the extra push in Wave 3 moved expected Wave 4 support from the 92k area down toward 84-86k. The same shift showed up on $ETH , where the deeper run forced a bigger pullback than most traders had marked. $SOL followed the identical pattern and flushed anyone still using the old zones.

If you don't redraw those levels after the extension, you're buying into a liquidity grab instead of a genuine Wave 4 bottom. That's how accounts get chopped during these corrections.

Where do you think the new Wave 4 support sits after this latest extension?
#ElliottWave #CryptoTrading #TechnicalAnalysis

Here's what happened when $BTC stretched Wave 3 all the way out to the 2.618 Fib extension.

A lot of traders got sucked in buying that monthly high sweep, only to watch it reject and close back below. That FOMO at the top is how you get trapped waiting for a retracement everyone else already priced in.

Bitcoin swept the previous monthly high then failed through a deviation. Because the impulse ran further than the usual 1.618, Wave 4 support has shifted. I'm now looking at 74.6K as the minimum retest, with 72.9K as the max downside for this pullback.

We've seen this before. When $BTC overextends a Wave 3, the Wave 4 often digs deeper than expected before Wave 5 kicks in. Same thing played out in 2021 and during the 2024 advances. $ETH has shown similar extensions in its own waves, but Bitcoin still sets the tone for the rest of the market.

The original plan stays intact. Wait for those levels instead of chasing. If 74.6K to 72.9K holds as support, it could be the launchpad for the next move.

Where do you think this retracement actually bottoms out?
#Bitcoin #ElliottWave #CryptoAnalysis

Why is nobody talking about $BTC rejecting the monthly high after a liquidity sweep while the crowd still expects 100k immediately?
Late longs who chased that breakout are getting wrecked already. They're stuck in positions they entered on FOMO without a plan for the inevitable pullback.
This $BTC price action is a clear case study of an extended Wave 3 reaching the 2.618 Fib extension. It took out the previous monthly high, then rejected hard with a close back below, showing a textbook deviation. The structure doesn't lie even if the hype does.
Because Wave 3 ran further, the Wave 4 zone has moved. Minimum retest sits at 74.6K now, with 72.9K as my max downside target. $ETH and alts like $SOL will likely stay rangebound until $BTC finishes this correction.
The idea that we skip the retrace and go straight up is the same thinking that loses money every cycle.
Where do you think this $BTC setup goes from here?
#BTC #ElliottWave #AltcoinSeason

If you're still buying every $BTC liquidity sweep like it's a confirmed breakout, stop now.

Watching Bitcoin tag the previous monthly high then reject is how traders lose months of gains in a single session. The FOMO after a sweep has wrecked more accounts than most actual crashes.

Wave 3 just stretched to the 2.618 Fib extension, further than most of us had on the chart. We swept that previous monthly high and then closed back below it through a clean deviation. Same pattern as November 2021, when $BTC tagged the highs and spent the next year teaching people about Wave 4 the hard way.

Because the extension ran longer, the retrace levels shifted. I'm eyeing 74.6K as the minimum retest, with 72.9K as the max downside for now. $ETH tends to bleed even harder on these Bitcoin pullbacks, so size accordingly.

Where do you think this Wave 4 actually bottoms out?
#Bitcoin #ElliottWave #CryptoTrading

🦈 $MSTR WAVE 4 REACCUMULATION AT KEY DEMAND ZONE BEFORE WAVE 5 EXPANSION 📈

Entry: 113.22 - 126.53 ⚡
Target: 140.90 - 163.67 🎯
Stop Loss: 113.22 ⚠️

📌 The ongoing Wave 4 pullback in $MSTR is executing a strategic sell-side liquidity flush into the 113.22 - 126.53 institutional demand array. 📊 Order flow indicates sell-side momentum is rapidly diminishing as smart money absorbs liquidity right above structural support.

💡 Holding this discount zone keeps the macro Wave 5 expansion vector intact, with a high-timeframe pivot above 140.90 opening a clean path toward 163.67. 💬 Are you scaling into this Wave 4 demand zone or waiting for a structural reclaim above 140.90? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #MSTR #ElliottWave #MarketStructure #Crypto

🎯 🦈

🌊 $SOL 4th Wave Retracement: Re-Accumulation Zone Before Wave 5 Push? 🚀

​Following our major $110 target hit, Solana pulled back to $104, presenting a textbook market reset.

​If you know how to trade Elliott Wave structures and RSI resets, this is exactly the type of healthy consolidation we like to see.

​📊 Technical & Wave Breakdown:

​• Elliott Wave Structure: We just completed a strong 3rd wave expansion up to $110. Right now, Wave 4 is unfolding as expected—cooling off leverage before the final Wave 5 leg upward.

• RSI Reset (4H / 12H): The RSI across the 4-Hour and 12-Hour charts has cooled down from overbought conditions back to ~55—giving the bulls plenty of room to drive price higher without overextending momentum.

• Key Accumulation / Support Zones:

​$106.00 (Immediate Local Support)

​$104.00 (Current Liquidity Re-test)

​$102.00 (Major Demand & Wave 4 Invalidations)

​⚡ My Strategy:

I am watching for price stabilization between $102 – $106. Staggering spot entries inside this zone provides a low-risk setup to position for the upcoming Wave 5 expansion back toward $110+ and beyond.

​👇 Are you accumulating $SOL in this $102–$106 zone, or waiting for a lower entry? Share your trade plan below!

​ #SOL #ElliottWave #CryptoTrading #TechnicalAnalysis #BinanceSquare

$SOL

alright so quick thought on the charts. ngl, we still don't have that solid confirmation wave 2 has actually started, you know.

it's one of those things where we really need to see some more price action unfold. like, a proper move, not just chop, before anyone can truly validate that setup.

this affects everything, right? from $BTC 's next leg to what $ETH and even $SOL might do. patience is key here, wagmi.

#crypto #marketanalysis #elliottwave #tradingsetup #altcoins

🚨 $BTC UPDATE 🚨
Bitcoin has successfully broken above the descending t and, more importantly, the retest has held as support. This is a positive sign for short-term momentum. 📈
However, the current move still appears to be developing as a 3-wave structure. We need to see Wave 4 and Wave 5 complete before getting stronger confirmation that Wave (2) has officially bottomed.
The key now is patience: ✅ breakout confirmed
✅ Support retest holding
⏳ Waiting for full wave confirmation
Market structure is improving, but confirmation matters more than excitement. Manage risk and always do your own research.
#BTC #Bitcoin #Crypto #Trading #ElliottWave

$SOL Elliott Wave Update — Possibility 2
I’m currently maintaining Possibility 2 for SOL.
The current structure suggests that Green Wave 2 is still developing after Green Wave 1 completed around the $78.5 area.
📌 Wave 2 Area
• 0.5 → $74.32
• 0.618 → $73.48
• 0.764 → $72.44
I’m watching this zone for a potential Wave 2 bottom.
If Wave 2 completes here, the next move I’m looking for is Green Wave 3, with an initial target area around $84.28–$86.00.
The key confirmation level is the $77.88–$79.00 resistance zone.
A clean break above this area would increase the probability that Wave 3 has begun.
⚠️ If SOL breaks below the major support around $70.7, this bullish count would need to be reconsidered.

For now, I’m staying with Possibility 2 and waiting for confirmation.
#sol #solana #Elliottwave #cryptotrading

BREAKOUT ALERT: $DOGE WEEKLY FALLING WEDGE TESTS HTF SUPPORT — 4/5 BULLISH CONFLUENCE

$DOGE has completed a full Elliott Wave A-B-C Zigzag correction directly into the lower boundary of a weekly Contracting Falling Wedge, while holding a key Higher Timeframe support zone.

This is where compression meets exhaustion.

▫️ Weekly structure remains intact
▫️ Sell-side momentum fading after corrective completion
▫️ Wedge support continues to hold
▫️ Multi-timeframe confluence building

Technical setup:

Pattern: Contracting Falling Wedge + completed Zigzag

Confluence Rating: 4/5

Weekly bullish confidence: 54%

Key levels:

Support → lower wedge boundary + HTF demand zone

Resistance → upper wedge boundary + prior (B) wave high

Invalidation → sustained breakdown below wedge support

Historically, completed Zigzag corrections at HTF support often precede impulsive expansions. $DOGE is now entering that decision zone.

Correction complete. Compression active. Breakout conditions forming.

Signal: Bullish. 🟢

#DOGE #Dogecoin #TechnicalAnalysiss #cryptosignal #Elliottwave

I've been watching the charts closely, and this potential Wave 2 pullback has a very specific resistance zone that could decide the next leg.

The key area sits right between $77,486 and $80,501. If price climbs back into that range during a retrace, it lines up perfectly with typical Wave 2 behavior in $BTC . A lot of people assume we just keep ripping higher without any healthy correction, but that ignores how these structures actually play out.

This zone feels like the spot where sellers might show up again, especially with $ETH and $SOL mirroring similar setups across the market.

Staying patient here makes more sense than chasing every bounce.

#Bitcoin #ElliottWave #CryptoTrading #BTC

$BTC - LTF Elliott Wave count 📈

ABC Flat correction - B wave completed ✅

• Wave B touched the 100% Fib level (gray box target hit)
• Would have liked to see a deeper move to 161.8% Fib (blue box) but adapting to what the chart shows
• BTC showing strength since yesterday — not ready to drop further for now
• Potential impulsive move forming (start of wave C?)
• Watching the retracement (possible wave 2?) very closely 🧐

Is $BTC starting the next impulsive leg after this flat correction? What’s your LTF count? 👀

Nothing is certain. This is not investment advice.
The market always does what it wants, be careful.

#BTC #Elliottwave #TradingSignals

Analysis $BTC
: A technical reading indicates further correction

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🧩 Elliott Wave Read

It appears that the downward corrective wave has not yet finished, suggesting the possibility that selling pressure may continue within the broader timeframe.

The upward wave B from the most recent bottom has a corrective character rather than an impulsive reversal, which reinforces the hypothesis of the ongoing bearish structure.

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📊 Momentum Indicators

A slight additional rise in price could push the Relative Strength Index (RSI) into overbought zones, increasing the likelihood of a new downward bounce.

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📅 Alignment with the Quarterly Cycle

The expected dip in Q4 aligns with the historical periodic timing of #Bitcoin, as markets tend to record corrections during the same period in previous cycles.

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📉 Reading the PSI Index

The current downward move is in clear alignment with the elevated risk reading of the PSI index, which supports a cautious outlook for the medium term.

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🎯 Summary

Significance factor
Incomplete corrective Elliott structure
Wave B has a corrective character
RSI is close to overbought
The quarterly cycle Q4 is poised for a decline
PSI indicates high risk

Overall bias: cautious, with a higher likelihood that the downward correction continues before any real bullish reversal.

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#BitcoinCycle #CryptoAnalysis #Elliottwave #BitcoinCycle

ELLIOTT WAVE MASTERY COURSE: MODULE 5: RULES AND GUIDELINES | DAY 27

THE THREE RULES: The Laws That Never Break

Guidelines bend. These three rules do not.
Break one and your wave count is simply wrong.

RULES VS GUIDELINES:

RULES
Can never be broken. If one is violated, the wave count is invalid. There are only three.

GUIDELINES
Strong tendencies that usually hold but can bend. They help you pick the best count.

THE THREE INVIOLABLE RULES:
1️⃣ Wave 2 never retraces more than 100 percent of Wave 1
2️⃣ Wave 3 is never the shortest among Waves 1, 3, and 5
3️⃣ Wave 4 never enters the price territory of Wave 1

THE RULES IN DEPTH:

RULE 1 - WAVE 2 RETRACEMENT LIMIT
Wave 2 can be deep, even 99 percent, but it can never fully retrace Wave 1. The trend origin must hold.
If broken: Wave 1 was not really Wave 1. Recount from a different start.

RULE 2 - WAVE 3 IS NEVER SHORTEST
Of Waves 1, 3, and 5, Wave 3 can never be the shortest. It is usually the longest and most powerful.
If broken: Your labels are wrong. The strong wave is mislabeled.

RULE 3 - WAVE 4 NO OVERLAP
Wave 4 cannot drop into the price range of Wave 1. The two must stay separate in a standard impulse.
If broken: It is not an impulse. It may be a diagonal or a correction.

DAY 27 KEY TAKEAWAYS:
🔹 Rules are absolute, guidelines bend
🔹 Wave 2 never fully retraces Wave 1
🔹 Wave 3 is never the shortest
🔹 Wave 4 never overlaps Wave 1

Next: Day 28 | The Rule of Alternation

#ElliottWave #EWT #WaveRules

📊 $BTC
— Monthly Close Could Be Critical

Bitcoin is currently rejecting from the top of a falling wedge on the lower timeframe.

If that rejection continues, I’m watching the $62K–$61K region next.

🎯 My Main Bullish Scenario

Going into the monthly close, I’m looking for a potential downside move to establish Wave 2.

The first move after a new month opens can sometimes act as a liquidity trap before the larger move develops. A deeper pullback could:

→ Sweep downside liquidity
→ Establish Wave 2
→ Hold the 0.5–0.618 Fibonacci Golden Pocket
→ Set up a potential Wave 3 continuation

From a wave-count perspective, the structure remains valid as long as Wave 2 doesn't break below the Wave 1 low.

📍 Key Support: ~$60K

The $60K area is especially important because it also represents a major structural support zone.

🔴 Alternative Scenario

If BTC pushes higher first and gets rejected around $67K–$68K, I’ll be watching for a potential swing-short setup.

If bears then strongly defend the $60K area, the downside could extend toward:

→ Current lows
→ $54K region

🟢 My Bias

I remain bullish and believe BTC could potentially reach $70K+ in August.

But confirmation is still missing.

No need to get excited yet—let the price action confirm the thesis first.

DYOR. This is a market outlook, not financial or investment advice.

#Bitcoin #Crypto_Jobs🎯 #TradingCommunity #TechnicalAnalysis #Elliottwave