Should the price break above the intraday high a larger B-wave bounce becomes likely. All parameters remain unchanged. A first signal that wave 2 has topped would be a break below $77,640
$SOL The initial micro resistance zone is defined between $86.82 and $88.46. A break above this zone would be required to indicate that a local low may already be in place. However, as long as price remains below this zone, the white scenario continues to lead.
$BTC Our first support area remains located between $74,968 and $77,253. Bitcoin is currently testing this support zone. There is no sign that a major price top has formed, but a pullback in wave (B) or wave (2) remains likely. As long as the price holds above $74,968 this pullback can be interpreted as B-wave pullback in the orange scenario. The lower boundary line of the trend channel can potentially offer some additional support.
$FET #indication The Fetch.AI price is currently consolidating after finding support around $0.204, which can be interpreted as part of a B-wave within the broader structure. The market is in a holding pattern at this level, but as long as price remains below the red resistance at $0.222, downside pressure remains intact. A break above $0.222 would indicate increasing upside momentum and opens the door to a potential extension higher under the blue scenario. This area also represents the region where a wave 4 low could form, but there is no meaningful upside reaction yet.
$BTC Sometimes the most honest thing an analyst can say is we are not there yet. The target zone is 82K to 94K. We have not reached it. The top is not confirmed. The support is holding. There is nothing to be bearish about yet. Patience. $BTC #Bitcoin❗
Ethereum is approaching the yellow trendline, which could provide resistance. The 100% extension target for wave C is located at $2679. This is an ideal target for a C-wave.
As long as the price holds below the $0.805 level, another low in wave c of 2 cannot be ruled out. A break above the $0.805 level would improve the outlook and could indicate that wave 3 has started, but please note that the move to the upside from the April low looks like a 3-wave pattern, which leaves us without confirmation that wave 2 has bottomed.
$btc #UpdateBTC #Analysis #managementRiscuri The mix-up here between the overall trend and entry point can cost traders a lot. Yes, the market is still bullish, but that doesn’t mean buying at any level is the right decision. What we’re seeing right now is closer to a natural correction within an uptrend, rather than a confirmed bearish reversal. Overall Trend On the larger timeframes, Bitcoin is still holding a bullish structure with higher highs and higher lows (HH / HL), and the price remains above key moving averages, especially on the 4-hour and daily charts. This reflects that buyers still have a clear advantage in the overall picture. On the smaller timeframes, especially 15 minutes, there is a pullback in momentum after a strong rally, indicating that the market has entered a cooling off and profit-taking phase near the recent peak, not more for now. Current market reading The price surged strongly to the 79,472 area, then began to pull back in an orderly manner. This pullback doesn't appear to be a collapse so far, but rather a rebalancing after the swift push. On the daily: the trend is still supportive of upward movement. On the 4-hour: the structure is positive, and the current pullback hasn't broken the setup. On the 1-hour: the market is catching its breath after the surge. On the 15 minutes: there is momentary weakness and a pullback in momentum, making immediate entry less optimal. In straightforward terms: Buying is still preferred over selling in terms of trend, but the current entry point isn't the cleanest. Supports and resistances The key resistance close now is between: 79,470 – 79,700 And a solid breakout above them could open the way to: 79,950 then 80,800 The most important supports are around: 78,700 – 78,250 Then a deeper and more sensitive support at: 77,700 – 77,580 These areas are what to watch, as the market may prefer to return to them to grab liquidity or retest before continuing the climb. Momentum and liquidity Momentum on larger timeframes is still positive, but it has started to calm down on smaller timeframes. This is normal after any strong upward wave. Also, it's clear that the market is close to important liquidity areas: Above 79,472 there is liquidity that could drive acceleration if a breakout occurs Below 78,300 then 77,700 there is stop-loss liquidity for late buyers That's why the market is currently in a zone that might see liquidity hunting before choosing the next direction. Proposed trade If we're looking for a clean trade, the best idea right now is: Buy after a retest Trade details Trade type: Buy Entry zone: 78,250 – 78,700 Stop loss: 77,580 TP1: 79,470 TP2: 79,950 TP3: 80,800 Risk management It's preferable not to exceed 1% to 1.5% risk on capital, as the market is still close to a short-term peak, and may first go through a liquidity pull before resuming upward movement. Confirmation conditions For the trade to be valid, I want to see: Price stability above the 78,250 – 78,300 area Appearance of a clear rejection candle or bullish engulfing Bounce accompanied by improved momentum Absence of aggressive break of support Cancellation conditions The idea is invalidated if: Clear break below 77,580 1-hour structure turning into LH / LL Clear increase in selling volume Repeated failure to bounce off support Alternative scenario If the market doesn't provide a clean retest, the alternative scenario is: Buy after a confirmed breakout above 79,470 But only if there is a clear close with good volume, or a successful retest above the level. If we break 77,580 clearly, it's better to pull back temporarily and wait for a new demand zone instead of forcing a dirty trade on the market. Executive decision Waiting for a retest Summary Bitcoin is still in an upward trend on larger timeframes, and what’s happening now seems more like a natural correction after the price reached an important resistance. Therefore, the positive outlook remains, but smart execution isn’t from the peak, but from calculated retests or confirmed breakouts. In clear words: The market is not for selling now, but it's also not for random buying right now. The cleanest opportunity remains: Buy after a successful retest. BTCUSDT Perp 78,538.3 +3.91%
$PENGU #analysis The price is showing some upside momentum. However, it takes a 5-wave advance for me to rule out the blue scenario. At the moment this rally could represent blue wave 4.
$SUI #prediction #Analysis Initial micro support remains located between $0.864 and $0.926. It is possible that wave (B) extends a little higher before wave (c) to the downside starts.
$SOL #MarketAnalysis #predictions Solana seems to extend wave (B) to the upside. A break below $84.36 should indicate the start of wave (c) to the downside.
$BTC #trade #KnowledgeShare Elliott Wave loses value when it is used to prove correctness instead of manage uncertainty. The goal of analysis is not to be right on every wave label. The goal is to understand where probability shifts. When price behavior contradicts a scenario, the market provides information, not failure. Elliott Wave works best when it is used to adapt, not to argue.
$NVDA #analysis #market_tips $NVDA Nvidia has rallied strongly from the March low, but the structure still reads as a 3-wave advance. Unconfirmed for now, which means further upside is still possible before a pullback develops.
Next resistance sits between $204 and $210, aligning with the February high. If a pullback follows from that area, the key is whether it unfolds as a 3-wave move. That would point to a wave 2 within a developing bullish setup, with initial support between $171 and $186.