Volume
Jio Financial Services – Wave 5 Exhaustion? Retracement AheadJio Financial Services has completed a clean 1-2-3-4-5 Elliott Wave sequence, with each leg respecting Fibonacci levels well. From the Wave 4 low, price rallied and reached the 100% Fibonacci extension of Wave 1, marking ₹279.35 as a potential Wave 5 termination point.
Key Technical Signals:
Complete 5-wave impulse structure
Wave 5 = 100% of Wave 1
Bearish RSI divergence at the top
Volume shows signs of exhaustion
These signals suggest that Wave 5 may have ended and a corrective phase could begin.
Retracement Levels to Watch:
A retracement from the top is expected toward:
0.236 level: ₹270.55
0.382 level: ₹265.10
Price action in this zone will help determine if this is just a correction or the start of a larger reversal.
Indicators Used:
Elliott Wave count
Fibonacci levels
RSI
Volume
Timeframe: 2H
ESCORTS : BULLISH due to inverted Head & Shoulder
INVERTED HEAD & SHOULDER -
market made a clear inverted head & shoulder pattern and broke out of it indicating strong upward momentum for the stock
VOLUME SURGE -
market has shown strong volume surge with the breakout candle indicating strong upward pressure for the stock
PROFIT -
till 3266
4H Bitcoin Analysis — All Eyes on the Midline4H BINANCE:BTCUSDT Analysis
🔹 Cycle Structure Overview:
HWC (High Wave Cycle / Long-Term Cycle): Bullish 🔼
MWC (Medium Wave Cycle / Mid-Term Cycle): Bullish 🔼
LWC (Low Wave Cycle / Short-Term Cycle): Bearish 🔽
The market seems to be offering us a better entry opportunity, and since the higher-timeframe cycles (HWC & MWC) are both bullish, they carry more weight. That’s where our focus is. 📈
🔍 Channel Analysis:
We’ve drawn a clear ascending channel, and here are the key takeaways:
4 valid touches on the top of the channel, indicating buyer strength and a bullish bias.
3 confirmed touches on the bottom of the channel, supporting the structure.
What’s more important:
Price increases volume on the way up,
And volume fades during pullbacks — classic signs of bullish momentum. ✅
⏳ Current Situation:
Right now, price is stuck at the midline of the channel — which is a critical decision zone.
⚠️ If we bounce here, there’s a high probability we’ll head toward the channel top, possibly breaking out.
Also, pay close attention to volume behavior during the latest pullbacks — it’s been dropping, suggesting the correction is losing steam and buyers might be stepping back in soon.
🚫 About Short Positions:
While some may consider shorting if the midline breaks, remember:
That’s against the higher-timeframe bullish cycles.
If you still go for it, you need a tight stop-loss and aggressive partial exits.
Personally, I avoid fighting the bigger trend — not worth the trouble.
🎯 Long Setup Idea:
The key resistance at 102951 is our breakout level.
If price closes a 1H or at least a 15-minute candle above it, that’s your signal.
💬 Want a different coin analyzed next?
Drop it in the comments — if I see strong interest, I’ll cover it in the next update. ⚡
Without proper risk management, you're just a ticking time bomb. ⚠️
— PXA 📊
Range Ending? MWC Correction Might Be Running Out of SteamBINANCE:AVAXUSDT 4H Timeframe Analysis 🔍
🧠 Cycle Breakdown:
• HWC (High Wave Cycle / Higher Timeframe Cycle): Ranging 🔁
• MWC (Medium Wave Cycle / Mid-Timeframe Cycle): Bullish 🔼
• LWC (Low Wave Cycle / Lower Timeframe Cycle): Bearish 🔽
Right now, the HWC has little to no influence, so we focus on the current correction phase of the MWC. That puts us in favor of long positions, as we expect this correction to eventually resolve to the upside.
🔎 Price Structure & Strategy:
Look closely — candles have formed a 15-minute range box. That means a breakout from this box won’t give us a massive move immediately, but it can still offer a decent entry depending on direction.
Since I use a breakout-based strategy, I’ve marked out my key support and resistance levels:
20.20 is a good level to look for long setups.
19.31 is where I’d consider a short, but keep in mind: going short here is against the MWC, so you’ll need tighter risk control.
🎯 Take-Profit (TP) & Reaction Zones:
If price breaks upward:
21.40 is a solid level to partial TP or manage risk.
23.00 is a stronger resistance and has a higher chance of reaction.
⚠️ Important: If price breaks out of the 15-min range box, it’ll count as a valid breakout — but again, expect smaller initial momentum.
Personally, I’ll take partial profits at 21.40, or even fully close the trade, because price might reverse before hitting 23. If not closing, I’ll at least move to breakeven.
📊 Volume Observation:
During the last drop, volume decreased — that’s a typical sign of a correction phase within the MWC, and it aligns with our long bias.
If you'd like me to analyze a specific coin, feel free to drop it in the comments
Without proper risk management, you're just a ticking time bomb ⚠️
— PXA 📊
NIFTY daily Retrace 61% from bottomHello everyone,
Nifty spot 24340 consolidating since 2 weeks within range of 24000 to 24500 rsi negative divergnve is there on daily time aong with fibbonacci 61% retrace from bottom volume is not supporting bullish breakout away from 200 ema can expect bearish move till 23500 trendline support.
ETH Short Triggered — Here’s Why It Still Makes Sense
BINANCE:ETHUSDT Trade Breakdown – 🧠
🔹 Timeframe: 1H / 15min Trendline Focus
🔹 Position: Short
🎯 Cycle Overview:
• HWC (High Wave Cycle): Bullish 🔼 (but not strongly)
• MWC (Medium Wave Cycle): Ranging 🔁
• LWC (Low Wave Cycle): Weakly Bearish 🔽
Since this position is against the HWC (High Wave Cycle), I’ve reduced my risk. However, because the HWC is not strongly bullish and the MWC (Medium Wave Cycle) is ranging, taking a short position is still a valid option — as long as risk is properly managed. ⚠️
📈 Trendline Setup:
There are two key trendlines:
• Lower trendline on the 1H timeframe
• Upper trendline on the 15min timeframe
Both have 4 touches, which increases the probability of a breakout. I focus on breakouts in my strategy, so the number of touches matters.
The price was currently reacting to the lower trendline. Since it matched my breakout trigger, I entered short — but reduced my risk because it’s against the primary trend (HWC).
⚡ Also remember:
Trendlines that align with the main cycle direction tend to give stronger moves. So don’t just look at timeframe — the breakout direction matters too.
🔍 Volume & Price Action:
We've been ranging for 14 days, which builds potential energy for a sharp move.
The last touch on the trendline had a weak reaction, and volume is declining — which often signals an upcoming breakout.
🎯 Trade Details:
• Entry: 1798
• Stop Loss: 1802
• Target: 1750
🧠 Summary:
This setup matches my strategy criteria: clean touches, breakout trigger, weak reaction at the trendline, and volume confirmation. Despite being counter to HWC, risk was minimized accordingly.
Without proper risk management, you're just a ticking time bomb⚠️
— PXA 📊
SUI Daily Timeframe – A Big Move Is Loading!BINANCE:SUIUSDT
🧠 Market Cycle Overview:
HWC (High Wave Cycle – Higher timeframe): Bullish 🔼
MWC (Medium Wave Cycle – Medium timeframe): Bearish 🔽
LWC (Low Wave Cycle – Lower timeframe): Bullish 🔼
When the higher and lower timeframe cycles are bullish but the mid-term is bearish, it usually means the market is in a resting phase. This kind of setup can often give us a golden long opportunity! 🎯
📊 Price Action & Volume:
For the past 12 days, SUI has been ranging with decreasing volume. This drop in volume is often a sign that a big move is near. Just be careful — in this phase, the market might make small fakeouts to hit stop-losses.
🔻 Short Setup:
Right now, I’m not opening any short positions until I see the next clear leg.
I wouldn’t recommend shorting either, since it’s going against the main cycles.
But as always, stick to your own plan — this is just my view, not a signal. 👀
🔺 Long Setup:
The $3.7815 level was the last point where price reacted and dropped.
If we get a strong breakout above that, it’s a valid long entry. 🚀
✳️ Since we’re analyzing on the daily timeframe, the confirmation candle for any breakout should close on at least the 1H (1-hour) or preferably the 4H (4-hour) timeframe to be considered reliable.
🎯 Summary:
The market is in a correction, but the primary direction is still bullish.
Long setups are more favorable — just wait for breakout confirmation and manage your entry with patience.
"⚠️ Without proper risk management, you're just a ticking time bomb!"
— PXA 📊
AAVE Price Action: The Calm Before the Storm?BINANCE:AAVEUSDT Weekly Timeframe Analysis 🧠
🔹 Cycles Overview:
HWC (High Wave Cycle): Bullish 🔼
MWC (Medium Wave Cycle): Bullish 🔼
LWC (Low Wave Cycle): Bearish 🔽
When LWC is moving against HWC and MWC, it often means the market is offering a better entry opportunity! 🎯
📈 Current Price Action:
We are currently stuck at the midline of the main channel:
4 touches at the channel bottom.
3 touches at the channel top, plus a breakout and re-entry into the channel.
⚡ If we see a strong rejection from the midline followed by a drop, it could signal that buyers are losing momentum, and the chances of a breakdown below the channel increase. 🚨
⚠️ Risk Management Alert:
Since a short position goes against the higher timeframe cycles (HWC & MWC), it carries higher risk. Stay sharp with risk management! 🛡️
🔎 Volume Observation:
Notice during the last bearish leg, volume is decreasing as price drops.
This could hint at hidden bullish pressure building up beneath the surface! 📉➡️📈
🎯 Setups to Watch:
🔻 Short Setup:
Watch for a clean breakdown below the channel bottom.
(⚠️ Risky — higher chance of hitting stop-loss.)
Alternatively, monitor the $114 zone:
If price reacts weakly here, a breakdown entry might be possible — but again, caution: you’re trading against the main trend.
🔺 Long Setup:
A breakout above $195 would be a strong bullish trigger. 🚀
A midline breakout could offer an early entry, but it’s more risky and requires tight stop management.
🧠 Important Tips:
Since this is weekly analysis, the breakout confirmation should ideally come from a Daily candle close or, at the very least, a strong 4H candle close.
Higher timeframe candles = more reliability ✅
💰 Take Profit Strategy:
First TP: Top of the channel
Second TP: Trendline resistance
"Manage your risk wisely — without it, you're just a ticking time bomb. ⚠️"
— PXA 📊
Bitcoin’s Next Move? I’m Watching These Key Zones 📍 4H,15mTimeframe – BTC
🎯 Market Cycles:
HWC (High timeframe cycle): Bullish 🔼
MWC (Mid timeframe cycle): Bullish 🔼
LWC (Low timeframe cycle): Ranging 🔁 (price is moving sideways, not trending)
🟢 Since both HWC and MWC are bullish, our focus is on looking for long positions only (buying to profit from price increases).
📌 My strategy is breakout-based, meaning I wait for price to break key support or resistance levels to enter a trade.
❗ As long as HWC and MWC are in the same direction, I avoid trading against them — so no shorts for me in this phase.
But... 👀
Right now, price is testing an area where we’ve seen pullbacks and heavy sell-offs in the past. So, if someone wants to take a very low-risk short, it's possible — but expect a high chance of getting stopped out 🚨
🧠 If you take the short, make sure to secure profits quickly 💰 because the price might bounce fast.
📈 For Long:
Wait for a clean breakout above 94452 – that’s your long entry ✅
📉 For Short:
Watch how price reacts to the trendline in the 15-minute timeframe.
If the reaction is weak, that’s your chance to play the breakout.
Around 91950, if price reacts strongly, it’s a great level to take profit ✂️
💬 If you want me to analyze a coin, drop it in the comments!
⚠️ Without risk management, you're just a ticking time bomb.
— PXA 📊
#BTC #Bitcoin #CryptoAnalysis #BreakoutStrategy #TechnicalAnalysis
#PriceAction #MarketCycle #LongSetup #ShortSetup #SupportResistance
#Trendline #CryptoTrader #4HChart #TradingView #PXA
BITCOIN PRICE UPDATE – April 21, 2025🔴 BITCOIN PRICE UPDATE – April 21, 2025
💰The D1 chart of
BTC
is currently showing a pretty solid buying signal. From the 78k support zone, we can see that buyers have stepped in. Although the price has broken the downtrend line and there are positive signals from the MACD, I have the following observations that you should pay close attention to before making any trading strategy decisions during this period:
1. The trendline breakout signal doesn’t necessarily indicate that the market is entering an uptrend. It could simply mean that the downtrend has temporarily ended.
2. There is a divergence signal on the MACD; however, I don’t place much weight on this, because the two lines are wrapped tightly around each other. From my experience, this signal shows more of a “PROBING” move rather than strong buyer commitment.
3. I also checked the momentum indicator, and it doesn’t show any clear bullish signals yet. This phase still doesn’t give a high-confidence indication that the market is about to reverse.
Based on these three reasons, I have two potential views for this phase:
✔️View 1: The ideal scenario is that
BTC
continues to rise toward the nearest liquidity peak (around 93k), but it would still need to pull back afterward to retest the support zone—it’s unlikely to just skyrocket without correction.
✔️View 2:
BTC
reverses at this point and forms a consolidation zone within the gray box, with price fluctuating in an 8k–10k range for the next 3 to 6 months, before making a decisive move in Q4/2025.
Personally, I lean more toward **View 2**! Because the market still lacks a clear bullish signal at this stage.
What do you think about these two scenarios? Drop a comment and let’s discuss!