SEI/USD Elliott Wave technical analysis [Video]

SEI/USD – Elliott Wave technical analysis

Function: Follow trend.
Mode: Motive.
Structure: Impulse.
Position: Wave 2.
Direction next higher degrees: -
Wave cancel invalid level: -

SEI/USD trading strategy

After a long correction period in early 2025, SEIUSD appears to have completed its last downward movement around the $0.13–0.14 range. The price has started a strong upward move, starting a new wave 1. Currently, SEIUSD is beginning wave 2, likely forming an (A)-(B)-(C) corrective structure.

• Wave 2 support target: 50% retracement at $0.1757.
• Wave 2 support target: 61.8% retracement at $0.1637.
• Wave cancel invalid level: If SEIUSD falls below $0.13, the current structure would be invalid and needs reassessment.

Trading strategies:

Strategy

• For swing traders (short-term): Wait for a retracement into the Fibonacci upper zone and look for a reversal signal before entering trades.

Risk management

• Place stop-loss orders carefully below the $0.16 support area or use $0.13 as an invalidation point.

SEI/USD – Elliott Wave technical analysis

Function: Follow trend.
Mode: Motive.
Structure: Impulse.
Position: Wave 2.
Direction next higher degrees: -
Wave cancel invalid level: -

SEI/USD trading strategy

After an extended corrective move in early 2025, SEIUSD appears to have finalized its downward structure around $0.13–0.14 and is now experiencing a sharp recovery forming wave 1. It has now entered wave 2, which is anticipated to unfold in an (A)-(B)-(C) pattern.

• Wave 2 support target: 50% retracement at $0.1757
• Wave 2 support target: 61.8% retracement at $0.1637
• Wave cancel invalid level: If SEIUSD drops below $0.13, the wave count would be invalidated and a new analysis would be required.

Trading strategies:

Strategy

For swing traders (short-term): Wait for a retracement towards the upper Fibonacci retracement zone, then look for a reversal signal to initiate positions.

Risk management

• Apply stop-loss orders just under the $0.16 level or alternatively at the $0.13 invalidation mark.

SEI/USD – Elliott Wave technical analysis [Video]