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Huzaifa Farhad
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JUST IN: Standard Chartered Bank raises its 2025 year-end
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Huzaifa Farhad
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š Dogecoin ($DOGE ) Market Update š š DOGE recently completed a 5-wave move up from the August 2nd low, almost touching the 61.8% Fibonacci extension. š Weāre now in a 3-wave pullback (ABC pattern) with the A-wave being a 5-wave move down. š¹ Key Support Zone: $0.2000 ā $0.2170 ā Critical to keep the uptrend alive. Buyers likely to step in here if momentum returns. š¹ B-Wave Resistance: $0.2370 ā $0.2480 ā Needs a decisive breakout to confirm bottom. A strong push above $0.2480 could indicate the next bullish leg has started. š¹ Next Major Target if Breakout Holds: $0.2866 ā Swing high from July 21 & key structural resistance. š” Summary: DOGE is consolidating after a strong rally. Watch the $0.20 support closely ā losing it risks further downside, while reclaiming $0.2480 could open doors to $0.2866 and beyond. #Dogecoin #DOGE #Crypto #BinanceSquare #Altcoins #Trading #CryptoNews #MarketUpdate
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š $ADA Market Update ā Aug 14, 2025 š š¹ Current Structure: Price reacted early Aug from $0.578 ā $0.688 support. Reached first target at $1.00 (Wave 3 ideal target). Larger daily target for C-wave still at $1.25 (100% Fib extension). š¹ Wave Count: Tracking five-wave move from Aug low. Possible ending diagonal (all subwaves are corrective 3-wave moves). Wave 1 ā ā Wave 2 ā ā Wave 3 = $1.00 target hit. Wave 4 pullback underway ā sharp, but still valid. š¹ Alternative View: Recent high may be A-wave of Wave 3, with current pullback as B-wave. Could lead to further upside extensions beyond $1.25. š Key Levels to Watch: Immediate support: $0.881 & $0.852. Critical support: $0.765 (Wave 2 low) ā break here invalidates current bullish count. Upside targets: $1.18 (prev swing high) & $1.25 (C-wave target). ā Technical Notes: Structure to upside not impulsive ā expect choppy/bumpy progress. Above $0.765 = bullish structure intact; below = count invalidated. #ADA #Crypto #ElliottWave #Altcoins #MarketUpdate #trading
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š Ethereum Market Update ā Aug 14, 2025 š š Current Structure: $ETH in Wave 4 pullback from Aug 14 high. Price dipped into micro support: $4,476 pivot level. No confirmed bottom yet ā but holding above pivot keeps chance for one more high. š White Scenario (Primary): Wave count: 1 ā 2 ā 3 ā 4 ā 5 (Aug 11 low start). As long as $4,476 holds, scope for another high before larger correction. Break below = larger Wave 4 in play. š Yellow Scenario (Alternative): Same overall structure, but allows for pullback first before going higher. Key support zone: $4,123 ā $4,272. Break of micro support ā target this larger support range. š Decision Levels: $4,476 ā Pivot; break = top likely in. $4,272 ā $4,123 ā Larger Wave 4 support. $4,100 ā Critical level to keep bullish structure intact. ā Technical Notes: Price already hit main target area & shows extended wave count. Micro support is weak ā failure here could trigger deeper retrace. Above $4,476 = chance for final push higher; below = deeper Wave 4 likely. #ETH #Ethereum #Crypto #TechnicalAnalysis #ElliottWave #MarketUpdate
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š Bitcoin Market Snapshot ā Aug 14, 2025 š
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š $XRP Market Update ā Key Support in Play š š Current Context: Wave 4 low likely set Aug 2ā3; bullish scenario valid above $2.85. Price now in upper support zone ā small reaction seen, still within parameters. Resistance at $3.40 remains the main breakout barrier. š Scenarios: 1ļøā£ Primary Bullish: Hold $2.85 ā consolidation between $2.85 and $3.40 before breakout. Break above $3.40 = strong upside potential. 2ļøā£ Alternative (White Count): Break below $2.85 ā likely drop to $2.66 (structural support), then $2.46 ā $2.21 (Fibonacci zone). Structure: A-wave down ā B-wave up ā C-wave down. š” Key Levels: $2.85 ā Bullish line in the sand. $3.40 ā Major resistance; break = bullish confirmation. $2.66 & $2.46ā$2.21 ā Bearish support targets. ā Macro Note: Recent pullback partly triggered by higher-than-expected US PPI data ā reduced odds of a Sept rate cut. Short-term pressure, but structure still intact. š Summary: Bullish bias remains if $2.85 holds. Break below ā watch lower supports. Still a choppy 3-wave move up from Aug low ā breakout may take time. #XRP #Crypto #TechnicalAnalysis #MarketUpdate
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