BITCOIN - I Show You How I Analyze Waves Using AriasWave...In this video, I demonstrate how I analyze a wave using AriaWave, guiding you through the process while also unveiling the complete AriaWave pattern.
This method, rooted in human psychology, offers a logical approach to understanding market patterns—a technique I've honed over nearly a decade.
Despite its complexity, I'm willing to share it because I understand the challenges of mastering such concepts. Providing insight into its workings is my way of giving back to those who support my work.
By hitting the boost or like button, you not only show your appreciation but also encourage others to delve into learning.
Just a little side note: For the wave I skipped, it is easier to rationalize a wave that doesn't make sense on a bigger timeframe because you can see more detail in its sub-components.
BLX
BITCOIN - Hold Fire For Now, Take Profits and Wait For...In this video, I delve into the distinction between trading and analysis, highlighting why it's crucial to occasionally step back and regain composure when things start to veer off course.
I recount a recent experience where I found myself in such a situation, and how I managed to exit with a profit, opting to wait until clarity returned to the market.
Within us lies both a rational mind and an instinctual one, and at times, they vie for dominance. By attuning ourselves to these fluctuations, we cultivate the ability to pause and detach until our logical faculties guide us back into a trade.
Beware of succumbing to impulsive trades driven by the instinctual mind.
BITCOIN - My View On The Recent Price Action...Here's an update on my earlier long trade proposal, slightly altered by a recent low break, though not breaching the previous low.
This development is intriguing and might establish new support.
I'm still aiming for $55,404, but the formation of support has been unexpectedly unique. If it holds, fresh support emerges at $50,627.
Confirmation of an upward move will occur upon breaking $52,521.
BITCOIN - Long Trade Idea - Wave D Nearing A Top...Fascinating developments unfold on the Bitcoin chart. If we approach a peak, we could be navigating Wave (C) of Wave D within wave iv.
Should we breach $53,013, support at $50,775 may prove beneficial, yet trading before this entails risk. Our target stands at $55,404.
BITCOIN - I Realise Now That This Is A BULL TRAP!!!I've concluded that the current Bitcoin trend resembles a bull trap preceding an impending recession.
Regrettably, I too was ensnared, initially believing it signaled the beginning of another bullish market.
However, I now realize my error. In my forthcoming video, I'll delve into the rationale behind this assessment and share strategies for capitalizing on the long trade during Wave 5 of Wave (C) when it appears imminent.
BITCOIN - Wave Count Rethink - My Wave D Breakout Theory...In this video, I delve into my Wave D Breakout theory.
Upon recognizing the potential for this phenomenon in XLM, it became evident to me that both assets need to breach a specific level.
However, upon achieving this, they are likely to encounter rejection.
So, what does this scenario imply in terms of wave dynamics? My analysis suggests that we'll witness an expansion of the corrective phase within Wave D for both cases.
BITCOIN - LONG TRADE UPDATE - About To Move Higher...It seems that a minor Wave D has been accomplished, triggering a downward continuation with Wave E.
Validation awaits a breach of 52,246; surpassing this mark without establishing a new low would indicate support around $50,631.
Anticipating Wave 3, characterized by strong and swift upward movement.
BITCOIN TO $289,000 - Wave 3 Of Wave (C) In Progress...Here's my latest analysis on Bitcoin, with a target around $289,000.
While I use this number for perspective, it's worth noting that the price could potentially surpass it.
However, it's crucial to recognize that the upward momentum is finite, and as the mania intensifies, many will be drawn into the market before a significant downturn occurs.
Across all cryptocurrencies, we're still witnessing a bubble phase, a phenomenon present in various markets.
Embracing these bubble phases offers us a chance to capitalize before the true bull market emerges.
I'll share another long trade idea as I observe the waves unfold further at higher levels, as I anticipate we're on the verge of entering an extremely bullish phase.
BITCOIN - Latest Price Target Revealed - Video Coming Soon...Based on my recent research and analysis, I anticipate Bitcoin to attain a remarkable milestone of $289,000 during this bullish phase.
However, while this figure is indeed impressive, other cryptocurrencies may yield even higher percentage gains.
Yet, the crucial query remains: what unfolds once we reach this pinnacle? Stay tuned as I plan to release a comprehensive video addressing this topic in the upcoming days.
Every content shared on this channel adheres strictly to the AriasWave methodology, a distinct and highly accurate approach diverging from the traditional Elliott Waves technique. This methodology, refined over nearly a decade, is now yielding increasingly precise results, with a singular objective: maximizing profits while simultaneously educating a broader audience. As its effectiveness becomes evident, the ultimate aim is to empower as many individuals as possible with its insights, fostering financial success and knowledge dissemination.
BITCOIN - My Thoughts On The Current Waves...In this concept, I share my viewpoint on the present condition of the waves. It's not a short trade suggestion yet, but rather an observation of what I perceive to be happening.
I unmistakably detect a sense of frenzy at the peaks, whether it's through comments or news pieces regarding cryptocurrency.
Market behavior consistently mirrors the collective psychology of its participants. While I suspect we might be at or nearing a peak, further confirmation is needed through the breach of a couple more key levels.
A drop below $47,643 and $46,792 should offer the initial indications required. Additionally, I delve into the broader pattern and its defining characteristics.
BITCOIN - We Are Still Trading Within Wave IV...I've made headway in understanding the broader pattern, and it seems we're nearing the conclusion of a Wave B bounce within an ongoing Wave IV correction. The current range-bound scenario offers intriguing possibilities for profitable swing trades. It's wise to exercise patience now, observing for the formation of a peak and the initial indications of a Wave C reversal.
BITCOIN - Short Trade For a Possible Wave B Zig-Zag...A breach of $47,047 low could signal the start of a downward movement for Wave (A) within Wave B.
The stop would shift to the conclusion of the minor rebound, approximately around $47,247, contingent on when Wave E concludes.
At this juncture, my inclination would be to aim for the support area around $43,883. However, the outcome hinges on the development of this wave and whether it aligns with the potential decline I anticipate for my short Avalanche trade. (Linked below)
BITCOIN - Wave iii of Wave 5 In Progress...A thorough examination of previous waves indicates that we're currently in Wave iii of Wave 5.
Following a bullish breakout beyond the previously mentioned levels, the $42,656 support held well, serving as an effective stop level for risk management.
For those who remained patient and overlooked the volatility at the lows, their perseverance is now yielding results.
With this being recognized as a 5-Wave Move, my minimum expectation now targets the highs around $49,000.
BITCOIN - My View On This Trade and Coming Trends...In this video I go through the larger pattern and give you my thoughts on the smaller degree trade that we are currently following and making good gains on.
However this is just the beginning of many known moves to come which are part of a repeating serious of fractal patterns which AriasWave is based upon.
This is the reason we are in such a wonderful trade, that's because I understand very well that there can only ever be a certain amount of patterns that occur in a correction and all their variances.
I also cover psychology but not in the way most people try to make it important but in the way it really affects traders.
BITCOIN - Long Trade Wave Identification Update...With a revised wave count, the patterns established overnight indicate a preference for an upward movement.
According to this count, support is identified at $42,656.
If this count holds true, we've likely already validated an upward movement, yet surpassing $43,571 would further bolster confidence.
Anticipate an imminent upward breakout. Initial target set at $48,000, with potential for all-time highs contingent upon the strength of the surge.
BITCOIN - Let's Play Devil's Advocate - What If?As noted in my previous video, deciphering this count has proven challenging. Therefore, based on my latest bullish analysis, I'd like to present a bearish perspective.
However, it's crucial to acknowledge that these viewpoints heavily rely on whether a low or high is breached. As of my posting, we've retraced to .618 in a somewhat choppy and feeble manner. Take a look at the count and draw your own conclusions.
My belief is that if we surpass $43,565, we'll ascend further, but if we dip below $42,331, we'll likely trend downward.
Await a breakout and share your insights by leaving a comment on your predictions.
BITCOIN - Long Trade Video - My Reasoning on Small\Large Degree.In this video, I outline the recent shifts in my perspective over the past few days and the reasons behind them. To make reasoned decisions within the context of AriasWave, I needed to identify a point of failure, which I accomplished within the last 24 hours.
When it comes to trading, errors can result in being stopped out, but I've had several successful trades prior to this setback, so it's not overly concerning.
The positive aspect is that we now have a new objective: aiming for the highs. It's crucial to recognize when one's perspective is incorrect and adapt accordingly, or else risk further losses. In this instance, the change in price action has influenced my viewpoint, as it should.
The support level remains at $42,224, with a current target set at $48,000, though this may potentially increase. We'll observe how the situation unfolds.
Bitcoin - Long Trade Idea - Updated Target...Based on my revised analysis, it appears that we are currently in Wave (C) of the presumed zig-zag pattern.
A minimum expectation is for prices to reach the $48,000 range. To validate this projection, we need to observe a breakthrough at the $43,565 level.
If this count proves accurate, it suggests a larger zig-zag pattern than initially anticipated, with a supportive level at $42,224.
While the possibility of this evolving into a more extensive 5-Wave Move cannot be entirely ruled out, it is prudent to exercise caution, especially around the peak levels. It's important to note that this count has not been confirmed yet, emphasizing the need for a cautious approach.
BITCOIN - Long Trade Setup - Non Confirmation...Because of discrepancies in the recent price movement compared to my initial pattern assessment, I've formulated a bullish trading proposal indicating that we might be experiencing a Wave B rebound within a zig-zag pattern. Should the support at $42,224 persist, there's a possibility of prices rebounding beyond $44,000, with a target set at a minimum of $44,500.