She thought she had it all figured out… but the market had other plans. After following her strategy, things didn’t go as expected. Now, she’s questioning her next move: adapt or walk away?
What do you think she’s planning next? Watch in the next episode 🔥 $BTC
$XRP The fourth wave formed a complex corrective structure. I’ve outlined it clearly — this is the global Wave 4 extending to the right, marked within the pink support and resistance zone. After that, the market developed a bearish descending wedge pattern. Inside this wedge, we can see a clear 5-wave move to the downside on a smaller degree. Once this internal 5-wave sequence completes, it should signal the end of the global Wave 5. In other words, Wave 5 is forming as a contracting descending wedge — typically a terminal pattern. When the wedge completes and we get confirmation, that’s where we will be looking to enter new long positions.
On the hourly chart of XRP, it appears that the global Wave 2 correction just completed
On the hourly chart of XRP, it appears that the global Wave 2 correction has completed overnight. We observed an extended ABC correction, where Wave C developed into a clear five-wave structure: • Wave 1 down • Wave 2 consolidation forming a continuation (bearish) flag • Wave 3 strong impulsive drop • Wave 4 sideways movement forming another continuation (bearish) flag • Wave 5 final push down completing Wave C Importantly, the second wave within the C structure formed a continuation flag pattern, confirming the corrective nature of the move before the next impulsive leg down. We also saw another continuation flag in Wave 4, reinforcing the bearish momentum inside the correction. With the ABC structure likely completed, Wave 2 on the global scale may now be complete. This opens the probability of entering Wave 3 of Elliott — typically the strongest and most explosive wave in the cycle. 📌 Trade idea: Entry: Market price Stop-loss: 1.4017 Take-profit: 1.5141 If the count holds, we may be at the beginning of a powerful impulsive move upward. As always, strict risk management$ is essential. $XRP
On the global 1H timeframe, XRP has completed Wave 1 of the Elliott Wave Structure
On the global 1H timeframe, XRP has completed Wave 1 of the Elliott structure on the left side of the chart. After that, we saw a corrective ABC pattern forming Wave 2 of the larger degree. Now, structurally, this means we have entered the most powerful phase of the cycle — the Global Wave 3. According to the Fibonacci extension (1.618), the projected target for this third wave stands at $1.8740. But here’s what makes it even more interesting: Inside this Global Wave 3, we are currently developing its internal structure — the five subwaves (1-2-3-4-5). I’ve mapped them clearly on the chart. At the moment, we are positioned in Subwave 3 of Global Wave 3. And as every Elliott trader knows — Wave 3 of Wave 3 is typically the strongest and most explosive part of the entire impulsive move. Momentum expansion. Volume acceleration. Maximum participation. If the structure remains valid, the market is preparing for continuation toward the 1.618 Fibonacci extension at $1.8740. Discipline. Structure. Patience. Let’s see how price reacts. $XRP
Currently, XRP has completed its first Elliott Wave impulse to the upside, followed by a prolonged sideways consolidation phase. This consolidation formed a complex corrective structure — an ABCDE pattern, which represents a typical Wave 2 correction within the Elliott Wave framework.
The correction unfolded as five waves within a defined channel. In Wave E, we observed five smaller sub-waves to the downside, signaling the completion of the corrective structure. With this structure now finalized, the market appears ready to transition into Wave 3 — typically the strongest and most impulsive wave in the Elliott sequence.
From a Fibonacci projection perspective, Wave 3 is expected to reach the 1.618 extension level. However, we are setting our take-profit slightly above this level due to a liquidity zone located at 1.4092, which increases the probability of price reaching slightly beyond the standard Fibonacci target.
This setup aligns with classic Elliott Wave theory, where Wave 3 often delivers strong momentum and extended moves. Risk management remains key, and the stop-loss is positioned strategically below recent structural support.
As always, proper position sizing and disciplined execution are essential.
$ETH — Key Liquidity Update On the left side of the chart, we clearly see a strong green POC — the highest Point of Control from previous price action. This POKE is located at $2,354, which represents the strongest previous high, a major consolidation zone, and a clear liquidity cluster. This level marks the area where price spent the most time and volume, meaning it remains highly attractive for a return. I’ve highlighted this zone with a horizontal blue line — it is the most realistic and powerful next take-profit target for Ethereum. As we know, price always tends to return to highly liquid levels. 🎯 Take-Profit Levels: Local TP (local Wave 3): $2,119 Global TP (within today): $2,354 This $2,354 level is not random — it’s a magnet for price, driven by historical volume and liquidity.
Globally, nothing has changed for Ethereum — the market structure remains exactly the same as before.
On the 4-hour timeframe, we have clearly seen a strong and very deep impulsive move to the downside. Despite its strength, this move still represents the same five-wave decline that was outlined from the very beginning. In other words, this move marked the completion of the global second Elliott Wave.
Although the correction was sharp and aggressive, structurally it fits perfectly within the Elliott Wave model. After the completion of such a deep corrective wave, the market typically requires a significant relief move.
At this stage, following the completion of the correction, a rebound of at least 50% from the current market price is expected. This move would be a natural market reaction after an overextended decline and aligns with classic Elliott Wave behavior.
The overall global bias remains intact, and the current price action should be viewed as a corrective phase rather than a trend reversal. Ethereum – Global Take Profit Targets Based on the global Elliott Wave structure, the following four potential take-profit levels are outlined for Ethereum. These targets are derived from the projected third and fifth upcoming Elliott Waves, as well as key Fibonacci retracement and extension levels.
TP1: 3,429
TP2: 4,924
TP3: 7,153
TP4: 10,81 These targets represent key levels where partial or full profit-taking may be considered, depending on overall market conditions and momentum strength.
Higher targets remain valid as long as the global bullish structure holds and price continues to respect bullish continuation after the completion of the deep corrective wave.
In my previous post, I explained that $ETH (ETH) on the daily timeframe has completed a corrective bearish flag, which acted as a global corrective Wave 2 in relation to Wave 1 under Elliott Wave theory. Using the Fibonacci retracement and extension, I’ve marked the potential profit targets on the chart. The first take-profit target is the previous high, marked by the first blue horizontal line. The second blue horizontal line represents the potential global Wave 3, which projects a move toward the $7,000 ETH price level. This structure fits a classic impulsive continuation scenario after a completed second-wave correction.
$ETH The first blue horizontal level is crucial. If the price does not break and close below this level, it confirms that the corrective second wave has already been completed on the lower 5-minute timeframe. This correction forms a five-wave structure on the right side, relative to the first impulse wave on the left side. By Fib retracement to the first wave, we can see that a deep correction should not fall below the 70% retracement level, which aligns with this blue horizontal zone. If we now see a strong bullish bounce from this area, it gives us a valid opportunity to open a long .
In my previous post, I explained that $ETH (ETH) on the daily timeframe has completed a corrective bearish flag, which acted as a global corrective Wave 2 in relation to Wave 1 under Elliott Wave theory. Using the Fibonacci retracement and extension, I’ve marked the potential profit targets on the chart. The first take-profit target is the previous high, marked by the first blue horizontal line. The second blue horizontal line represents the potential global Wave 3, which projects a move toward the $7,000 ETH price level. This structure fits a classic impulsive continuation scenario after a completed second-wave correction.
Ethereum — Alternative Scenario Still in Play There is still a possibility that ETH is trading within a channel, and that we are currently forming the fifth wave inside it. In this case, my previous scenario remains valid. Even if the market is consolidating now, I still believe that once the channel is fully worked out, ETH may experience a significant downside move. This structure still looks like a bear flag, which usually resolves to the downside — but it needs to be completed first. At the same time, there is a reasonable chance for a local bounce. On the 4H timeframe, the previous strong impulse shows five waves down, which I interpret as a global Wave 4. To properly “fill the channel” and complete the structure, the market likely needs one more push up — a fifth wave. This potential move could bring ETH back to the previous high around $3,400, which represents roughly a +24% upside from current levels. However, even if this local growth scenario plays out, my global view remains bearish. After reaching the top of the channel and completing the fifth wave, a deep correction to the downside is still very possible, in line with the bear flag structure I mentioned earlier. 📌 Conclusion: Locally (4H): potential +24% move up toward $3,400 to complete Wave 5 Globally: high probability of a deep pullback after the channel is fully formed For now, I’m focusing on the local setup, trading the move inside the channel — while keeping the bigger bearish picture in mind. Stop loss 2.634
$ETH (Daily Timeframe) Analysis On the daily timeframe, #ETH is currently forming a bearish flag structure. At the moment, we can clearly see price consolidation inside the channel, which typically represents a corrective phase after a strong impulsive move down. According to Elliott Wave structure, the consolidation inside the flag is still unfolding. I expect one more upward move to complete the fifth wave within the channel. Once this internal structure is finished, the probability of a continuation to the downside increases. If the bearish flag plays out technically, the projected move would be a decline equal to the flagpole length, which points to a potential ~46% downside from the breakdown level. This scenario would align with a target zone around $1,800 for ETH. This analysis is based on the global daily timeframe and reflects a technical market structure perspective, not financial advice.
$OM # (MANTRA) — Elliott Wave Technical Overview OM has completed a five-wave decline within a descending channel, forming an ABC correction of the second global Elliott Wave. At the moment, price is breaking above the upper channel boundary and the blue resistance line, signaling a potential shift in market structure and the start of a new impulsive move. Long entry is marked using an automatic TradingView tool Red numbered levels indicate intermediate SL targets Green level above represents the main potential take-profit zone This setup is based on Elliott Wave structure, channel breakout, and technical confirmation, with a focus on disciplined risk management. #mantra
On the global timeframe, XRP has completed its second corrective Elliott Wave, which formed a classic ABC correction structure. This correction reached the 50% Fibonacci retracement level, confirming a deep but technically healthy pullback within the broader bullish cycle. After the completion of Wave 2, we flipped the Fibonacci grid to project potential targets for the next impulsive move. At the moment, price action suggests the beginning of Global Elliott Wave 3, which is typically the strongest and most dynamic wave in the Elliott Wave theory. According to Fibonacci extension levels, Wave 3 is projected to reach the blue level marked on the chart, which corresponds to the 1.68 Fibonacci extension. This level represents a logical upside target based on the current market structure. Long entry is highlighted on the chart using an automatic trading tool Stop-loss is clearly marked in red to manage downside risk Take-profit is marked in green, aligned with the projected Fibonacci target This setup is based purely on technical structure, Elliott Wave theory, and Fibonacci levels, focusing on market mechanics and risk management rather than any guaranteed outcomes.
Συνδεθείτε για να εξερευνήσετε περισσότερα περιεχόμενα
Εξερευνήστε τα τελευταία νέα για τα κρύπτο
⚡️ Συμμετέχετε στις πιο πρόσφατες συζητήσεις για τα κρύπτο
💬 Αλληλεπιδράστε με τους αγαπημένους σας δημιουργούς