AW Bitcoin Analysis - Short Trade Opportunity Chart...This short trade idea is based on the short trade video linked below.
Here there are a few different scenarios we could be looking at.
It is my believe that the recent move up in Bitcoin is purely corrective.
I expect Wave 3 down for Wave E to begin moving down shortly.
I have 3 different targets.
The first is minimum expectation of making a new low at $15,500.
The second is a 2.618 extension of Wave 1 down at $13,451.
The third is a 1.618 extension of price action from the start of Wave 1 to the end of Wave D of Wave 2.
If someone says that Bitcoin is going higher then you need to question the basis for the claims.
The same can be said for why would it move lower.
Hopefully my videos today have given you an understanding of why I see this happening.
At the end of the day, I will be looking for a complete 5-Wave move down before calling a low.
Given that this is the final move in the entire correction, I expect it to go off with a bang!
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
BLX
AW Bitcoin Analysis - Short Trade Opportunity...In this video we are trading Wave E down and it appears as though Wave 2 has completed.
If prices rise above $25,000 then obvious that would invalidate this idea.
Once again are calling upon some good wave knowledge to assist us in understanding the whole pattern.
It also makes sense that Bitcoin still has lower to fall considering that XLM and XRP are still with their respective corrective patterns.
Minimum target is $15,500 with a risk reward of 3.
Today I have posted 3 videos of Bitcoin ranging from the largest possible view right down to this short trade.
It goes to show how AriasWave, when used properly can help gain perspective over each and every move.
I have linked all the recent related ideas below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Bitcoin Analysis - Now, Let's Look a Bit Closer...This video follows on from my latest bigger picture view video on Bitcoin (Linked Below).
Here we start to get a clearer picture for the current pattern with a potential shorting opportunity.
It's usually when the larger picture becomes more apparent that these types of short ideas come up.
This particular area provides a good risk reward.
I will post more on this shortly.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW - Will The Real Bitcoin Pattern Please Stand Up...As I continue to delve deeper into each and every chart that is of importance to my followers...
Thanks to the increasing number of followers, I have decided to up my game in order to bring you the best interpretation of Bitcoin in existence.
I always think about what the real pattern is and what it means for the future.
Every step of the way it becomes clearer and clearer that what we are seeing is the beginning of biggest moves in history from this space.
AriasWave wants to be there every step of the way as we head into this new future using the best methodology every created.
Some extras not mentioned in the video:
-Green Wave 1 is a Weak 5-Wave move which means that it cannot be Wave 5 in this type of structure.
-Wave (C) within Wave D of Blue Wave 2 is weaker than Wave (A) therefore cannot be considered some sort of Wave 3.
-All things considered; this particular view indicates that Alt-Coins (That survive) will easily make insane gains along with Bitcoin.
-This also leads me wonder about what kind of interesting things are yet to come during the rest of this bear market.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
"dancin' with jack ketch" 🏴☠️ Yo-ho-ho!
while the bears stay dancin' with jack ketch,
we're about to cleave em to the brisket.
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market is in the midst of a significant bottoming process down here,
i predict the next two weeks shall bring us back up near the august highs (potentially higher).
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invalidation: november lows
🏴☠️
Long Term BTC - Projection of last 2 cycles to current cycleAnalysis of 2 previous cycles to project the next cycle
This is the result of making an average of previous durations and some pricepoints
Bearmarket durations:
A/ Days under ATH
2014 = 1134 d / 2018 = 1085d
==> 2022 = (1134d + 1085d) / 2 = 1110 days
B/ Days under 0.618 Fibonacci
2014 = 1120 d / 2018 = 1043 d
==> 2022 = (1120d + 1043d) / 2 = 1082 days
Conclussion = It could take until November 2024 before we see an new ATH
Also note that’s there is almost no differance between days under ATH and days under 0.618 Fib
So there is a great possibility that we don’t see price above 45k until we’re going for an new ATH
Bullmarket durations:
A/ Days above previous ATH until new ATH
2014 = 343d / 2018 = 350d
==> 2022 = (336d + 357d) / 2 = 347d
B/ Days above Macro bottom before the halving
2014 = 546d / 2018 = 504d
==> 2022 = (546d + 504d) / 2 = 525d
Conclussion = if you want pumpy action bull run you are going to need patience until the end of 2024, only after breaking 0.618 and ATH you have about a year to distribute your coins before entering a new bear market
Accumulation Range durations:
A/ Bearmarket 2014
01/2015 – 10/2015: 294 days of sideways action
Price range of 50% ranging between 210 and 315
11/2015 – 04/2015: 203 days of sideways action
Price range of 50% ranging between 315 and 480
B/ Bearmarket 2018
11/2018 – 03/2019: 133 days of sideways action
Price range of 30% ranging between 3200 and 4200
05/2019 – 02/2020: 280 days of sideways action
Price range of 60% ranging between 7000 and 11500
Conclussion =
Average days of price ranging between an 50% range =
(294d + 203d + 133d + 280d) / 4 = 230 days
C/ Bearmarket 2022
This could mean an range until this summer between 16k and 24k for the first range.
Then te second range could range between 24k and 36k wich is also 50%
FINAL CONCLUSSION:
- No ATH and break above 0.618 Fib before the end 2024
- We could have 2 periods of 230 days ranging between an range of 50%
Possible Range 1: 16k - 24k / Range 2: 24k - 36k
- Market is going to be boring for another year and a half in contrast with the bull pumps that comes when you make an new ath
Inverted HS Forming on Bitcoin?Just a quick thought here - this would fake out the bulls and the bears for a little while, and would correspond with DXY moving up very soon from the re-test of the channel it broke out of (area around 99-104 LFTs, 101-103 HTFs).
Failure or success of the HSi would hinge on DXY movement as well:
See related DXY ideas below.
Not marking this as long or short, just want to see if the pattern plays out and then fails and moves down or succeeds and moves up to either set of targets on the chart.
Ranging around abyss.Nice Sunday.
Today, I developed another view with more data,
at daily Index time frame .
Bitcoins actually ranging between 2 Fib rings,
very important for next trend decision.
I am mentioning this territories about month and maybe
result is very near. RSI and MACD are in conflict,
while altcoins start follow BTC upside move.
This usually happened at the end of waves,
as we are in from of 4th.
We can confirm, RSI is historically overbought,
and MACD runs also into symetrical triange resistance,
made by All time high.
Would this trigger start of 5th wave around February,
or this is different from 2008 stock market crash ?
Very good question that nobody can answer.
So I will monitor what will happen in a next weeks.
Always with care and ready,
Emvo.
*This is not any financial advice.
A Booom ahhh, cognitive count Strong B happens when A is three waved because it feels like completion of a zig zag and an end to correction, herding behavior
Normally the herd can't identify the A and they buy a long term position and In case of btc a flat can probably have the same effect, cognitively
I will not be surprised to see btc at a new low because structure based wave count has that on the table then B, of course for my level of skill however I think we are in the B of a zig zag and B might end higher than ath, flat for flat?!!
To know why the first flat is a wrong one check the related idea
Patience is virtue of kings
If you know a very good book for golden mean and Elliott wave count then introduce me ...
We are very close to the bottom.The FTX bankrupcy shocked everybody and with that being written down into history we are quite near or have already had the final capitulation.
Here I'd like to make the distinction between hitting the bottom and trend reversal, a trend reversal usually takes time to print a reversal pattern of some sort, it might be an Adam&Eve, or Ascending Triangle, or Rounding Bottom, with the exception of a very hard to catch 'V shaped' reversal.
In terms of timing I've put on the Fib Time Zone tool(Love tradingview!) and interestingly we are at 1.618 in which pretty much every previous bottom lands.
Please note that as for the time being we still haven't got into any trade, we are monitoring shorter time frames for an entry. (yes we are timing the market and we are good on it)
Just sharing this information to you guys and keep your precious money safe for the next bull run, Take care until next time!
###NOT FINANCIAL ADVICE###
AW Bitcoin Analysis - The Definitive Conclusion Chart...Please take a moment to imagine such a scenario in which these waves could play out.
It might have something to do with US Dollar strength and higher interest rates.
On a positive note, we all know what comes after Wave 2.
Would you rather use the waves to determine future price action or a lovely hopium chart full of rainbow ribbons and death crosses, I mean moving averages.
Of course, this is just a logical way of looking at a chart but logic flies out the window when you have your Lambo lenses on.
It may not go that low or it might go lower. No one can really know what the state of the world will be during that time.
Asset prices may have declined significantly priced in worthless FIAT.
Social unrest, war, famine, pandemics and supply chain failure.
We don't really know but we do know that what goes up must come down, even if that means it will go up harder later.
Please see all related wave analysis videos linked below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
AW Bitcoin Analysis - The Definitive Conclusion For Bitcoin...If I had a Bitcoin for every troll that has trashed my bearish view before 2022 I would of sold it already.
In this video I talk about the waves as I always do except this will be like rubbing salt in the wound for some.
Or maybe even like rubbing sulphuric acid into the wound for others.
Emotions aside it's time to get real and pay attention to the possibilities.
This analysis is based on probabilities, but I think it's probably going to happen.
I am going to post a chart idea after this that gives you an artist's depiction of what that may look like.
A beautiful head and shoulders pattern is what I envision in my creative mind.
Ok so I can't draw well but I did create AriasWave which is a modern version of technical analysis.
Elliott Wave died many moons ago but some people decided to profit from it and it wasn't traders lol
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
BTCUSD weekly (04/01/2023)Happy New Year to all traders!
I have been waiting for a while and accumulating for these purchase points in Bitcoin, here I leave you a new comparative analysis of the weekly BLX on a logarithmic scale together with the Bitcoin Logarithmic Curves and the Rainbow Price Chart.
On this occasion, the purchase points with the highest historical profitability in BTC have been analyzed with various indicators:
- 200MA hold or brief break
- PA on a macro scale with very high pressure points
-RSI touching the lower bands
(all of them as minimums of the previous cycles)
-BLGC the logarithmic curves in minima
-
BRPC maximum sales accumulation points
In my opinion, I think we are facing the best buying opportunities, perhaps with the best point at 15k or around a few days ago. I am sure that the true BTC and Blockchain maximalists are taking action in these areas.
A strong greeting and I wish you a wonderful year!
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¡Feliz año nuevo a todos los traders!
Llevo tiempo esperando y acumulando para estos puntos de compra en Bitcoin, aquí les dejo un nuevo análisis comparativo del BLX semanal en escala logarítmica junto con las Curvas Logarítmicas de Bitcoin y el Rainbow Price Chart.
En esta ocasión,
Se han analizado los puntos de compra con mayor rentabilidad histórica en BTC con diversos indicadores:
- 200MA espera o breve descanso
- PA en escala macro con puntos de presión muy altos
-RSI tocando las bandas inferiores
(todos ellos como mínimos de los ciclos anteriores)
-BLGC las curvas logarítmicas en mínimos
-Puntos máximos de acumulación de ventas BRPC
En mi opinión, creo que estamos ante las mejores oportunidades de compra, quizás con el mejor punto en 15k o hace unos días. Estoy seguro de que los verdaderos maximalistas de BTC y Blockchain están tomando medidas en estas áreas.
Un fuerte saludo y les deseo un maravilloso año!
Strong support for bitcoinAttention! Incredibly long text!
A huge cluster of pending orders to buy Bitcoin will not allow the price to drop to the $13,000 area expected by everyone.
In addition, these conditions will allow the market maker to move the market to the $32,000-$38,000 region in order to use a trap for marginal bears and their subsequent liquidation.
btc (alternative) macro case.good afternoon.
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firstly,
this is an alternative to my primary case -
go check that one out if you're new here.
primary - via:
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secondly,
the current correction we're in can be classified as the grand cycle wave 4.
wave 2 was sharp, therefore wave 4 is complex, as per the law of alternation.
a complex correction can take the shape of many different things.
this right here is a prime candidate if the flat fails in the months ahead.
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if btc continues to flag out down here,
we will see a similar situation to what happened back in 2018 -
where compression will continue until the rug is pulled.
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>lot of longs in the markets still, who are happily willing to push the price down heavily if a wave of liquidations was to be triggered.
>i do believe we'll hit 5k in this bear market, maybe even lower - just not sure which path we take for now, (but i've narrowed it down to the two main cases as of today).
✌
Bitcoin price of $330,000 by end of 2025 scenario 2Using the BLX chart on the 2 days to show Bitcoin as a scenario 2 possibility for Bitcoin reaching this $330k value by April instead of the end of year 2025. there are certain parameters used to make this assertion. On the first bear market of 2014 from the bottom to the next higher low was about 220 days and then the bull started for the next cycle. The next was in the 2018 Bear where we had the first low at $3200 and then the next higher low at $3900 which represents about 454 days before the next bull cycle kicked in where Bitcoin hit a high of $69k in 2021. If we take this double increase difference and add it to this next cycle we will see a possible 800 days from the first low to the next higher low and we get our possible April date for the Bitcoin peak in 2025. I am using a fractal plus the Beambands as an indicator for this possible target price which coincides at top of beamband in 2025.