Elliott Waves
Elliott wave analysis for crypto and stocks
Read market movement through wave counts, alternative scenarios and Fibonacci levels. Start with the Bitcoin demo, then explore the assets and timeframes available on Scan Chart.
All analysis tools are currently free. Explore the demos without an account, then sign in with Google to use the platform.
Where are we in the move?
Breaks price movement into waves of different degrees. Shows possible interpretations, reference levels and the conditions that invalidate a scenario.
- Higher-degree waves and their subdivisions
- Alternative scenarios
- Fibonacci levels and invalidation conditions
How to use this analysis
Start with the broader wave structure before looking at smaller waves. The same price movement can have more than one valid interpretation; compare the alternatives instead of treating the first count as certain.
Check the level that invalidates each scenario. A Fibonacci level is a reference for interpreting price movement, not proof that a wave has ended or that price must reverse there.
When you return to the chart, compare the new price movement with the previous count. Look for what still fits, what has changed and whether a scenario has been invalidated. This makes the chart useful for following an asset over time.
What the analysis can and cannot tell you
These are analysis tools. Annotations, scenarios and historical matches do not guarantee future price movements or trading results.
Crypto, currency pairs, stocks and commodities. The assets, history depth and timeframes depend on the method and available data.