USD/JPY Eyes Breakout After Healthy Wave 4 CorrectionThe USD/JPY pair is currently unfolding a clean impulsive 5-wave structure to the upside. The price action has already completed Waves 1, 2, and 3, and has entered a probable Wave 4 correction.
Wave 3 appears extended and tapped into a key Fair Value Gap (FVG), which acted as resistance.
Wave 4 is likely to develop as a shallow retracement, possibly forming a bull flag or expanded flat before launching into Wave 5.
The ascending channel supports the bullish structure with both Wave 2 and Wave 4 respecting lower bounds.
Targets: 144.750 - 144.351
Stoploss: 146.268
Elliott Wave
MANTA: The Pacific#MANTA is one of the Binance Launchpool coins listed in late 2023–early 2024, most of which dumped heavily post-launch, draining liquidity from beginner users.
Despite that, OMXHEX:MANTA may have completed a major zigzag correction after a strong bounce from ATL.
Holding above that low could spark a major bull-run, potentially recovering early investor losses.
#MantaNetwork
DOGE: The Dogecoin ArmyCRYPTOCAP:DOGE is among the top10 cryptocurrenices and although it's a memecoin but it's a legit store of value. After it's historical run during 2020/2021, it went in a 4 years long correction so far that is still ongoing and expected to last another couple of years as long as the price stays in the current bullish triangle pattern. By holding above $0.057 (the stop-loss) and below the level of $0.48 which passing it confirms targeting a new all-time high.
#Dogecoin
BITCOIN | 30M | IMPORTANT SUPPORT ZONE Hello, my friends,
Yesterday, I shared a Bitcoin analysis and stated that my target level is 97,300.
At the moment, we are within the blue support zone I highlighted in my analysis yesterday. Although this is not a very strong support zone, I am expecting an upward movement from here. However, the most critical support level lies between 92,000 and 91,000.
As I mentioned yesterday, as long as the price does not drop below the 92,000 - 91,000 levels, my target remains at 97,300.
Please don't forget to like.
Thank you to everyone who supports with likes.
EURUSD is Trading Under the Pressure of a Strong DollarHey traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.13500 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.13500 support and resistance area.
Trade safe, Joe.
Gold Analysis Based Elliott Triangle WaveCAPITALCOM:GOLD h2 timeframe Gold pair analysis for today 23 April 2025 Gold analysis based on Elliott Impulse wave and Elliott Triangle Wave
We first consider the (1 to 5) Elliott Impulse Wave which succeeded in going up from the bottom. Now we will consider the (ACBDE) Elliott Triangle Wave for the coming days which indicates going down from the top to 3050. we look at the RSI which is hovering around 41.02 which is clearly indicating a sell trend and we will consider selling.
CAPITALCOM:GOLD Gold Sell Entry 3336
TP 3214
TP 3050
SL 3400
Bitcoin: Weekly Bullish Continuation🟠 The weekly divergence between the March 2024 and January 2025 peaks has driven the recent 3-month decline.
🔴 BTC is expected to make a weekly move higher, creating another divergence in the way.
🔵 BTC held above the 2024 peak range 73K without overlap, while the Stock RSI has completed a full reset, reinforcing the bullish momentum.
🟢 Outlook: Over the next 6 months, Bitcoin CRYPTO:BTCUSD is expected to rally into new ATH, with a potential target around 127K by October 2025.
GOLD → Trend reversal, downward distribution, and new targetsFX:XAUUSD breaks through 3270 and enters a distribution phase amid a rising dollar. We are most likely at the beginning of a trend reversal...
On Thursday, gold remains under pressure, trading at a two-week low, as the market reacts to Trump's statements about potential trade agreements with a number of countries, including China. Optimism surrounding the negotiations is boosting risk appetite, reducing interest in gold as a safe-haven asset. Even weak US GDP and inflation data failed to halt the rise in gold prices, as traders' attention is focused on the trade agenda and upcoming labour market statistics.
Gold is changing its trend due to the rise of the dollar and a shift in the fundamental background. A breakout of the local low could reinforce the decline. The first target is 3190. There is a possibility of a retest of the previously broken consolidation support at 3268 before the decline continues.
Resistance levels: 3245, 3270
Support levels: 3190, 3186, 3167
A breakout of the local low of 3221 could trigger a further decline. The first stop could be around 3190. From this level, a small correction or consolidation may follow before the decline continues.
I do not rule out the possibility of a retest of 3245-3270 before the decline continues.
Best regards, R. Linda!
GBP/USD Technical Analysis: Uptrend with Key Support at 1.3131 Based on Elliott Wave analysis, GBP/USD is currently in an upward trend 📊.
The critical support is at 1.3131 🛡️ — as long as the price holds above this level, the path remains open toward 1.3777 and 1.4151 🎯.
This zone is crucial for maintaining the bullish structure, so keep a close eye on it! 👀
FARTCOIN → Moving into the realisation phase. A rally?BINANCE:FARTCOINUSDT.P has entered the buying zone, or the realization phase, after breaking through the resistance of the ascending triangle. The altcoin is within an upward trend.
Bitcoin continues to consolidate ahead of a possible rise. FARTCOIN has entered the buy zone at this time. The realization of Bitcoin could trigger continued growth in altcoins
FARTCOIN is entering the realization phase after consolidating within an uptrend and an ascending triangle. The coin looks quite positive overall, but a retest of 1.2100 may form before growth.
Resistance levels: 1.2933
Support levels: 1.0719, 1.0632
There is significant resistance ahead on D1, and a small correction to the nearest liquidity zone at 1.2097 may form. However, consolidation against 1.2933 is expected before a breakout and continued growth.
Best regards, R. Linda!
Elliot Wave B then C on 4hrTo confirm a low is in and Wave B’s final leg is starting:
✅ 15M CHoCH – Price must break previous lower high (LL > HL shift).
✅ Bullish volume surge on breakout.
✅ Higher low retest (entry zone).
✅ RSI breaks above 50.
This would line up with a reversal inside your 4H Demand/Reaction Block, adding confluence from both timeframes.
Reliance Reliance Cmp 1394
this is daily chart of reliance...
looking at the chart,
this are my wave counts on reliance....
we are in wave c of wave B....
I am expecting reversal from current levels or from the marked levels...
we can soon see wave C moving down and retesting new low as 1st tgts ....
Just a View!!!
Vedang ! :)
Discliamer: Chart is for study purpose only!!!
IO: The AI Comeback?#IO is a new AI token that was launched back in Jun 2024. Recently bounced from the ATL with a bullish PA so far, it shows an optimistic view for this token and for the AI sector in general.
As long as it holds above $0.54 (the stop-loss), a major motive wave shall start to target the ATH.
#IOnet
GBP/USD at a Turning Point – Correction Pattern in PlayIt appears that corrective Wave A in the GBP/USD pair is nearing completion, and Wave B may be forming. The Wave 1 to 5 structure seems to have been completed, indicating the beginning of an A-B-C corrective phase.
If the correction unfolds as expected, potential upside targets are 1.32918 and 1.33555. However, if the market faces rejection below the trendline, the stop-loss level would be 1.32021.
GOLD → Consolidation. Traders are waiting for news...FX:XAUUSD remains in consolidation at 3370-3270. Traders are in no hurry to take any action, as there is a lot of important news ahead. Let's take a closer look at the situation...
On Wednesday, gold is trading lower, remaining in a sideways range as traders await the release of US GDP data for the first quarter. A sharp slowdown in growth is expected, and a possible contraction in the economy could increase bets on a Fed rate cut and support gold. Meanwhile, the dollar is holding steady amid tariff news and expectations for key employment and inflation data.
A retest of the range support is forming. The approach is quite sharp, and the pre-breakout potential has been exhausted. A false breakout of support could trigger an upward correction.
Support levels: 3270, 3245
Resistance levels: 3314, 3329, 3352
If the dollar continues to fall after the news, this could support gold and the price could continue to trade between 3370 and 3270. Unpredictable news could trigger a breakout and a fall.
Best regards, R. Linda!
Map Of FillIt has been moving sideways for more than two years and a head and shoulders pattern has been formed on a large monthly fact first glance at the chart, we find that it has been moving sideways for more than two years, forming a head and shoulders pattern, which indicates a further decline. On the other hand, a sideways wave has been formed, which is an X wave, and we are preparing for a large bearish W wave to come.rame, so it is expected to fall again strongly to one of the two areas specified below.
Note: There is a previous analysis of this currency on my page and all its legacies were explained before.
*In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency.