🧠 Elliott Wave Analysis
🔍 Market Structure & Wave Count:
After a strong bearish impulse, the market completed a complex corrective (A)-(B)-(C) structure.
The recent move up appears to be wave (2) of a larger downward impulse and seems to have finished.
We are currently in the early stages of wave 3 to the downside, aiming for a full 5-wave structure (1-2-3-4-5) within wave (C).
The final wave 5 is expected to complete in the demand zone (gray box) around 90–95 USDT.
📉 Short-Term Bearish Target:
Target zone for the completion of wave (C)-(B) lies around 97 USDT.
📈 Next Bullish Move (Rebound Target):
After completing wave (C), a new upward move in the form of wave (A) is expected.
This bullish corrective wave could reach up to 115 USDT, completing a larger A-B-C structure.
📊 Indicators:
MACD shows weakening bullish momentum – potential confirmation for wave 3 downside continuation.
RSI is near the oversold zone (~27) – supporting the idea of a wave 5 bottom and a bullish reversal afterward.
🧭 Conclusion:
➡️ Focus is on a final move down to complete wave (C) around 90–95 USDT.
➡️ After that, a possible long setup is expected for a corrective rally.
➡️ Great setup for swing or scalp trades using Elliott Waves + demand zone confluence.
Dagangan aktif
Running clean as f*ck. I'm looking for partial profit in wave 3 so I would have more money in wave 4-5 to add to my main shortPenafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.