ElliotXSolana

Market Structure – Corrective Wave 2 Still in Progress We're currently in a Wave 2 correction, unfolding as a classic ABC structure – labeled with Circle A → Circle B → Circle C. ✅ Circle A and Circle B are already complete. We're now in the move from Circle B → Circle C, which itself is unfolding as a: → (A) → (B) → (C) (in parentheses) Currently, we are in the move from (B) to (C), which again is breaking down as a smaller A → B → C move. 🔍 Key Levels to Watch: 📈 We might now be completing Wave A of (C) around the 3362 level. 🔁 A pullback to around 3322 could follow as Wave B, ➡️ leading to a final Wave C (of (C), of Circle C, completing Wave 2) targeting around 3405. ⏳ What’s Next? Once we hit the 3405 zone, that would potentially complete the entire Wave 2 correction. From there, I expect a trend reversal to the downside, beginning the next impulsive wave down.

XAUUSD We're currently in an ABC correction following our Wave 1. Potentially, Wave C is already completed, which would mean that Wave 2 has found its top. ❗ Why do I say potentially? Because there's still a chance we could see a higher high before the real drop begins. However, based on the current structure, I believe the top is in ✅ ⚠️ Key Confirmation – White Trendline 📉 If we break below the white trendline, it confirms the end of Wave 2. Then I expect a 5-wave move down: ➡️ (1) - (2) - (3) - (4) - (5) 📈 If the trendline holds, we might still see a higher Wave 2 before reversal. 📏 Fib Zones are marked on the chart for confluence and targets. Let’s see how price reacts in the coming hours. A confirmed breakdown would set the stage for the next impulse ⚡

XAUUSD We are currently in an upward correction on the 4H chart, developing within an ABC structure from Wave 1 into Wave 2. ✅ Wave A has already been completed. 🔁 Wave B is most likely in place – though I've also marked an alternate yellow B if the white one fails. ⚡️ We’ve seen the first impulsive push up, which I label as a smaller Wave 1 within B. 🔄 Now expecting an ABC pullback into the smaller Wave 2. 📐 The Fibonacci retracement zone (white box) marks the key area for this correction. 🎯 Blue lines inside the zone are my targets for Wave 2. If the structure holds, we should see a clean 1-2-3-4-5 move in Wave B toward Wave C – completing the higher-degree Wave 2. After that, I expect bearish momentum to take over again.

XAUUSD 📊 Elliott Wave Analysis (Overview)🔹 Primary Structure: We're currently moving from white Wave 3 into white Wave 4.🔹 Wave 4 Breakdown: So far, Wave 4 is developing as a typical ABC corrective pattern. Waves (A) and (B) (in brackets) have already been formed.🔹 Wave (B) Internal Structure: Wave (B) is unfolding as an impulse: we’ve completed Bracket 1, Bracket 2, and we’re now on the way into Bracket 3. Within Bracket 3, we've already built a yellow Wave 1 and a potential yellow Wave 2.🔹 Current Market Condition: For the bearish scenario to stay valid, we must remain below the red trendline. If we break above the red trendline, then yellow Wave 2 would likely extend higher and complete itself inside the red Fibonacci zone — making the correction deeper.🎯 Target Zones: Targets for yellow Wave 3 and the broader Bracket 3 are already displayed on the chart. However, these targets can still be adjusted depending on how price unfolds in the coming sessions.

ETHUSD 🔵 Macro Count OverviewEthereum has been unfolding a clean macro impulsive structure since the 2021 high and 2022 low: November 2021: Major Wave ① top June 2022: Bear market bottom, forming Wave ② From there, we began a new impulsive cycle with a clear internal structure: → 1-2-3-4-5, which completed Wave (1) in December 2024🟢 Recent Developments – The Foundation for Wave (3) Over the last few weeks, Ethereum has formed a textbook Wave (2) bottom. The correction respected the Fibonacci retracement zones perfectly and provided a strong base. We’ve already seen a clean breakout to the upside, signaling that Wave (3) may now be underway.🟨 What’s Next – Building Wave (3) We are now likely in the early stages of Wave (3), which is expected to unfold in a yellow internal 1-2-3-4-5 structure. This sequence will drive the price into significantly higher zones, confirming the start of a powerful bullish leg.🎯 Target Zone for Wave (3): $6,600 – $7,200 Based on Fibonacci extensions of the prior impulse (Wave 1) Potential for higher extensions if momentum and volume align Psychological resistance may act as short-term hurdles, but structure points higher✅ ConclusionEthereum has completed its macro Wave (2) correction and is now gearing up for an extended Wave (3). With a breakout already underway, the internal structure points to a 5-wave advance likely aiming for $6,600–$7,200 or higher. As long as recent lows hold, this scenario remains firmly in play.

SOLUSDT 🟠 Current Elliott Wave OutlookAfter completing Wave ③, Solana began a sharp correction. This is how the current structure unfolds: The initial leg down unfolded as a clear (1)-(2)-(3)-(4)-(5) structure in black – forming the white Wave A of a larger A-B-C corrective pattern. We are now in the corrective counter-move, forming Wave B.🔄 Zooming into Wave B: Internal Progression The early part of Wave B is unfolding as a small impulse: → Wave 1, 2, 3, 4 have already played out. → We are currently moving from Wave 4 into Wave 5, which is expected to complete the black (A) of white B. The top of Wave (A) is already marked on the chart, coinciding with key Fibonacci Extension levels, which reinforce the probability of local exhaustion.🟨 Next Structure – Building Wave (B) of B After the black (A) completes, we expect a retracement wave (B). This would then be followed by a yellow 1-2-3-4-5 impulse to the upside – forming the full structure of white Wave B.📉 What Comes After B? Once Wave B (in white) is complete (built from the black (A)-(B)-(C)), we anticipate another larger leg to the downside – white Wave C. This would complete the full A-B-C correction from the macro top of Wave ③.🎯 Key Zones to Watch: Black Wave (A) Top = short-term resistance Fibonacci Extension Area = likely exhaustion zone for the current rally Wave B (white) = potential bearish trap before the real drop (Wave C)✅ SummarySolana is currently in a countertrend corrective phase after finishing a macro Wave ③ top. We are in the midst of building Wave B, starting with a local impulse that forms black (A). After a minor pullback (black (B)), a 5-wave push (yellow) could complete Wave B before another major leg down kicks off in Wave C.

🟢 Macro Structure Since November 2022Since the bottom in November 2022 (~15.5K), Bitcoin has been unfolding a clean impulsive structure, counted as: (1) – strong breakout from the bear market lows (2) – corrective pullback as a base (3) – major impulsive rally with clear volume expansion (4) – textbook correction right into the white Fibonacci zone, perfectly respected Now, we are in Wave (5) – the final leg of this larger impulse!🔄 Internal Structure of (4) → (5)From the low of wave (4), the price action is developing in a classic 1-2-3-4-5 formation, where: Wave 1 initiated the breakout Wave 2 formed a shallow pullback Wave 3 surged with momentum and volume Wave 4 seems to have completed (or is finalizing now) BTCUSD Wave 5 is upcoming, potentially unfolding as an ABC structure (rather than a straight-line spike), showing a more measured grind toward the top🔁 Cycle-Level Perspective This entire impulse from (1) to (5) forms a macro Wave ③ in the larger Elliott Wave cycle. Given the structure of Wave (5) so far, we may not see a vertical blow-off top but rather a controlled ABC move into the top zone.🎯 Target Zone for Wave ③ $127,000 – $136,000 Based on Fibonacci projections of waves (1)–(3) Strong psychological levels Likely confluence with macro channel resistance and long-term projections✅ ConclusionBitcoin is currently progressing through Wave (5) of the macro impulse that started in late 2022. The structure from Wave (4) suggests a well-organized path forward – possibly forming an ABC structure into the final high of macro Wave ③, with targets in the $127K–$136K zone. This level could mark a major turning point before a deeper corrective phase begins.

SOLUSDT I'm still anticipating the same pattern; the only change is an additional high in wave 3.We may have found a potential local bottom at yellow Wave A, and are now tracking a move towards yellow Wave B.This yellow Wave B appears to be unfolding as a 1-2-3-4-5 structure:Waves 1-2-3 are likely completed.Waves 4 and 5 could still be ahead.This full impulse may form part of a larger A-B-C correction, completing the final yellow Wave B.In the black wave count, the 1-2-3 move is finished.Within Wave 3, we saw a clean internal 1-2-3-4-5, confirming the completion of that wave.Currently, I’m tracking the move from black Wave 3 to black Wave 4 as a developing A-B-C correction:Wave A is potentially in.We are now in the resistance zone of Wave B, which could lead to the final drop into Wave C.After completing Wave 4, I expect an upward move into black Wave 5, starting with an initial A-wave.This should then form another A-B-C structure, leading to the completion of the final yellow Wave B.this shows my potential entry points for longs/shortsWe could see a minor 3 finished at the moment. So basically I'm tracking a small wave 4 right now to finish our main wave 3 heresmall 3 topped, realy nice. Now searing for a low in wave 3 to 4 to get then our (3) in a wave 53 reached now searching for the 4wave 5 is nearly at the end of this rally.

SOLUSDT We may have found a potential local bottom at yellow Wave A, and are now tracking a move towards yellow Wave B.This yellow Wave B appears to be unfolding as a 1-2-3-4-5 structure: Waves 1-2-3 are likely completed. Waves 4 and 5 could still be ahead. This full impulse may form part of a larger A-B-C correction, completing the final yellow Wave B.In the black wave count, the 1-2-3 move is finished.Within Wave 3, we saw a clean internal 1-2-3-4-5, confirming the completion of that wave.Currently, I’m tracking the move from black Wave 3 to black Wave 4 as a developing A-B-C correction: Wave A is potentially in. We are now in the resistance zone of Wave B, which could lead to the final drop into Wave C.After completing Wave 4, I expect an upward move into black Wave 5, starting with an initial A-wave.This should then form another A-B-C structure, leading to the completion of the final yellow Wave B.Tp 115.5 sl 135.7wave 3 not finished yet looking for one more high then we can potentially see the abc structure to wave 4

🔹 Wave Structure:The chart shows a clear corrective structure unfolded, currently developing as a complex correction (likely WXY or an ABC): Wave A: Strong impulsive move to the downside Wave B: Ongoing corrective rally (possibly a flat or zigzag) Wave C (anticipated): Final downward leg yet to unfold🟩 A green target box marks the potential end zone of the correction, aligning with a horizontal support level around 85.35.📊 Indicators:🔸 MACD: Currently showing a bullish crossover (MACD line above the signal line) → supports the idea of a temporary B-wave rally. Momentum is not very strong → another hint that the move might be corrective, not impulsive. Watch for a bearish crossover as a possible trigger for the start of Wave C.🔸 RSI: RSI is recovering from lower levels, signaling short-term strength. No overbought condition yet → allows more room for the B-wave to extend. Key Watch: If RSI enters overbought territory while MACD turns down, it could mark the start of the C-wave drop.🎯 Summary & Outlook: We are likely in the final phase of Wave B. Expectation: One last downward move in Wave C towards the green zone. That area could offer a strong long opportunity, but only after clear confirmation (e.g., divergence, impulsive reversal, rising volume).📌 Potential Strategy: ❌ No long entries yet – risk of another drop in Wave C. 🔔 Set alerts around 85–60 – monitor for reversal signs. 📈 Upon confirmation: potential entry for the next larger impulsive wave.