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Huzaifa Farhad
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Huzaifa Farhad
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🚀 Dogecoin ($DOGE ) Market Update Current Structure: Tracking an ABC corrective pattern to the upside. Wave Count: Wave 1: Three-wave move up ✅ Wave 2: Three-wave move down ✅ Wave 3: Three-wave move up ✅ Wave 4: Pullback ✅ Wave 5: Final push possible 🔄 📊 Key Levels: Potential Wave 5 Target: $0.26 (61.8% Fibonacci extension of Waves 1–3). Major Resistance: $0.286–$0.287 (swing high from July 21). Bullish Support Zone: Above $0.20 — holding this level keeps bullish scenario valid. Post-Wave A Pullback: Expected B-wave correction with a higher low formation before next breakout attempt. 📈 Bullish Scenario: If DOGE reaches $0.26 and holds $0.20 support, the next move could break above $0.287, opening path toward higher C-wave targets. C-waves on DOGE can be more aggressive than on many other charts, so sharp upside moves are possible. ⚠️ Note: Pattern is an ending diagonal, meaning price swings can be choppy and require flexibility in short-term interpretation.
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📊 Solana Market Update – C-Wave Rally in Progress Solana has seen strong performance after breaking out of its price channel to the upside. This move is tracking as a C-wave rally, potentially forming an ending diagonal pattern with messy, corrective subwave structures. 🔹 Trend: Likely in C-wave of an A-B-C structure Structure suggests higher prices as long as support holds Alternative (Plan B) → Drop back into lower support region 📈 Upside targets: Break above $207 (July high) → unlocks move toward $360–$380 📉 Support zones: Major support (Plan B scenario): $109.89 – $133.32 Micro support: $195 (break here could signal start of Wave 2/B pullback) ⚠️ Risk & Watch Levels: No decisive break above resistance range yet → still a risk of reversal Fibonacci support from August low remains key pivot area Price could extend higher directly in yellow scenario, but break below $195 = caution 💡 Takeaway: SOL remains in a constructive uptrend, with potential for a sharp push toward $360+ if resistance levels are cleared. Maintain vigilance on $195 short term and $133 longer term. #Solana #SOL #CryptoUpdate #BinanceSquare #CryptoTrading #ElliottWave #TechnicalAnalysis
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📊 Ethereum ( $ETH ) Market Update – Trend Still Up Ethereum has pushed above $4,700 and is holding above it, but price action can change quickly. 🔹 Trend: Still firmly up since April breakout Currently in circle wave 5 of larger Elliott Wave count Short-term wave count: Wave 1 → Wave 2 → Wave 3 → Wave 4 → Wave 5 (in progress) 📈 Upside targets: Next Fib resistance: $4,762 Then: $4,850 Wave 5 could extend toward $4,900 Larger target zone remains $5,800+ if wave structure completes 📉 Support zones: Short-term: $4,452 – $4,597 Larger wave 4 pullback support: $3,350 – $4,018 Key strength level: $4,100 (staying above here shows strong trend) ⚠️ Risk: Break below $4,452 → signals local top and deeper pullback Market is moving fast — small time frame pullbacks can be shallow before continuation 💡 Takeaway: ETH remains in an uptrend, with potential for higher highs before any larger pullback. Watch $4,452 as key short-term invalidation. #Ethereum #ETH #CryptoUpdate #BinanceSquare #CryptoTrading #ElliottWave #TechnicalAnalysis
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📊 Bitcoin Market Update – Watching Key Support Bitcoin started the New York session strong, but no breakout yet — price is still ranging. 🔹 Current focus: CME gap still open (used as support, not closed yet) Only a 3-wave move up from lows — not yet a full 5-wave confirmation Possible wave 4 sideways correction still in play 📉 Support zones: Micro: $120,160 – $120,918 Main: $118,248 – $114,830 Break below $120,160 → higher chance of dip to ~$118K (100% Fib extension) 📈 Upside scenario: Hold support → push for one more high → possible 5-wave diagonal pattern Blue roadmap: breakout above Monday’s swing high could confirm higher prices 💡 Takeaway: We’re still in a range, with both bullish and dip scenarios open. Watch the $120,160 level closely for the next big move. $BTC #Bitcoin #BTC #CryptoUpdate #BinanceSquare #CryptoTrading #TechnicalAnalysis #Elliottwave
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JUST IN: Standard Chartered Bank raises its 2025 year-end $ETH price target to $7,500.
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