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BITCOIN - Short Idea Update - Looking For A Move Lower...Up to this point, I've observed various indicators signaling an imminent downward movement. The sluggish progression is attributed to consistently low trading volumes on most weekends. Despite the gradual unfolding, I want to share my perspective on the current situation. After capitalizing on profits from the corrective bounce, I am now anticipating a breach of the $41,620 lows. Such a breach would validate the conclusion that Wave E concluded at its peak, prompting us to prepare for an eventual downturn. However, this downturn may not occur immediately. My purpose in providing regular updates is not to invalidate the view just because a bounce occurred but rather to underscore the importance of comprehending market waves, particularly in a corrective range scenario. This understanding can prove valuable in building capital during corrective phases. Target: $41,620 with a stop at $43,745 or more aggressively at $43,490, depending on your understanding and confidence in the wave count. A break of $42,542 should make the latter more meaningful.
Short
by AriasWave
Monthly on btcusd.January ended with a Doji candle, a symbol of uncertainty and often when seen on the tops a prelude to reversals. But for a reversal of the trend, confirmation will be needed and we know that the underlying trend is bullish, so in this context we can use the doji candle to understand whether it will make a retracement or not, using the highs and lows of the candle. For the February or March candles, a closing below the minimum should be seen as a retracement signal because to reverse the underlying trend, in addition to confirmation, time is also needed and on this we have seen that the trend has been bullish for more than a year . A close above the doji's high, however, would be a very strong bullish signal, consolidating a trend that for now seems to catch its breath in the short term and that's all.
BNC:BLX
by Melupira89
BITCOIN - Wave D Short Trade Idea - Fake Out Wave...As noted in the previous update, it's probable that we'll witness an upward retracement for the corrective phase of Wave D in this zig-zag pattern. Presently, we've experienced a substantial pullback, prompting the initiation of a short trade position towards the lower levels. This move is anticipated to breach the support, confirming the culmination of a peak in the overarching pattern. Resistance is identified at $43,745, with a target set at $41,435 to complete Wave D. Subsequently, I anticipate the price to rebound into the range during Wave E.
Short
by AriasWave
5
BITCOIN - Short Trade Update - Choppy For A Reason...Whether you accept it or not, there is invariably a prevailing trend. Amid these turning points, a considerable amount of perplexity arises, contributing to the formation of these distinctive patterns. AriasWave possesses the expertise to decipher these patterns, while adherents of Elliott Wave theory may only recognize ABC patterns. In contrast, I assert that corrections can only manifest in a series of 5 waves. This conviction underlies my firm belief that the current juncture is a pivotal turning point. To demonstrate this understanding, I diligently provide daily updates on unfolding movements, even addressing instances where I may have been unaware due to residing in Australia and being asleep during certain market events. In my latest video, I delve into a comprehensive analysis of the current market scenario and elucidate the psychological aspects essential for success in trading.
Short
by AriasWave
6
BITCOIN - Short Idea Video - Head & Shoulders - Triple Top...We've breached the support level, signaling the end of the upward trend, and I delve into the various factors contributing to this shift in my latest video. I also discuss the reassigned labels for the Wave 2 count; in my perspective, a downward expansion indicates a weakening market. The attempt to rebound with two separate 5-Wave moves, interspersed by a zig-zag Wave D, suggests that the bears are gaining control. In times of crisis, there's potential for profit if you have a compelling reason to short, particularly during declines. Anticipating this move to coincide with a global recession, it presents a rare chance to purchase assets at more affordable prices. Rather than viewing it negatively, see it as an opportunity – embracing both the favorable and unfavorable aspects. A confirmation of Wave 3 downward will materialize with a break below $41,620.
Short
by AriasWave
BITCOIN - Long Trade Update - Video...In this video, I discuss recent long trade concepts for Bitcoin and provide a recap of the thought process that led to the decision-making for initiating these trades. Additionally, I delve into the strategies of securing profits and implementing scaling techniques. While learning fractal patterns may require dedication, they are not insurmountable. I also emphasize key traits exhibited by Wave E's, as they are pivotal in various markets over the medium term. As of now, the established support level stands at $43,082. See related ideas below.
Long
by AriasWave
1
Bitcoin - Long Trade Update...We currently find ourselves in the third wave of this Wave E movement, and within that wave, we are navigating through Wave 2. The anticipated support for the upcoming upward movement is set at $43,082. The commencement of the next upward phase is expected within the next several hours or possibly sooner. A decisive break above $43,790 would serve as confirmation for the upcoming move higher. I anticipate this movement to surpass the $45,000 mark. You can refer to the initial video linked below, where I initially advised on the recent upward movement.
Long
by AriasWave
2
Bitcoin - Small Long Trade In Preparation For The Big Short...In this video, I analyze the present Bitcoin price movements, indicating a potential upward shift beyond $45,000. To position myself for a short position in this market, I plan to engage in trading during the final corrective upward movement within the Wave 2 correction. The pattern at a smaller scale implies an impending upward movement, and I will utilize the starting point of this final wave as confirmation for an anticipated decline in the upcoming days. For more details on why I am choosing to short Bitcoin at the opportune moment, I've included a link to the video below. Wave E Support: $41,580
Long
by AriasWave
4
BTC - This is Why I Am Now Shorting Bitcoin...In this video, I delve into the considerations that led me to take a short position on Bitcoin at these specific levels. I want to clarify that I'm not advocating for others to follow suit in shorting Bitcoin; rather, I'm elucidating the rationale behind my decision. The video also touches upon the influence of the Dow Jones and Solana on this decision, and I present a slightly less optimistic perspective on BNB. While the medium-term outlook still anticipates all-time highs, the short-term signals suggest a potential impediment to the crypto market's performance due to a looming recession. Despite this, I posit that ongoing stimulus measures during such economic events act as catalysts for the subsequent upward movement. It seems imprudent to adopt a bullish stance before a correction has run its course, underscoring the fundamental principle behind the formation of AriasWave.
Short
by AriasWave
2
TRILLION DOLLAR BITCOIN CHART - Watch The Video...In the video linked below featuring this chart, I discussed the potential range of 6 trillion within a 65 trillion context. The distinction in measurement depends on whether you assess it in terms of percentage or a linear scale. The underlying rationale is rooted in the concept that if Wave 2 can undergo a 200 million percent expansion during an expanded correction, then Wave 3 would be at least as extensive. Regardless of whether this expansion is attributed to inflation, one thing certainty prevails: people desire liberation from the current system of control and perceived enslavement. Could cryptocurrencies emerge as the new sovereign currency, leading to a substantial wealth transfer solely based on the power of choice? This proposition seems plausible, considering that the existing system would collapse without our continued faith in it. Consequently, the new system could establish itself as an independent entity, regardless of the prevalence of fake fiat dollar bills within the current framework. This implies that we held the power all along and are now unleashing a new tool against authoritarianism. This perspective directly contradicts the concept of Central Bank Digital Currencies (CBDCs), as they would signify more of the same, if not worse. The key insight into this chart lies not only in its deviation from Elliott Wave analysis but also in the fact that AriasWave deliberately evolved to focus solely on the corrective phase of a move. The 200 million percent purely as a correction indicates that the impulsive phase yet to come suggests that the best is indeed on the horizon.
BNC:BLX
by AriasWave
TRILLION DOLLAR BITCOIN - No, It's Not Clickbait...To begin with, it's crucial to emphasize that this approach differs significantly from Elliott Wave analysis. Utilizing the AriasWave methodology involves years of observation and ongoing pattern analysis, making it distinct from conventional techniques. This video may seem out of the ordinary for this channel, as I've consistently held a contrarian view on Bitcoin since its inception. By conducting a comprehensive analysis across various cryptocurrencies and concentrating on those that exhibit unique characteristics, I've formulated certain assumptions that have the potential to challenge conventional thinking using straightforward logic. This reasoning is rooted in distinguishing between impulsive moves and corrections. When a correction expands by a remarkable 200 million percent, it signifies an unusual occurrence with implications that extend into various aspects of daily life. I don't believe we are immune to hyperinflation solely due to the existence of central banks. Instead, I perceive central banks as akin to an inebriated driver behind the wheel, with monetary policy as their preferred intoxicant. To illustrate, using the analogy of a central banker, it appears that when your only tool is a hammer, everything tends to resemble a nail. In response to every crisis, the singular tool employed is more Quantitative Easing (QE). While this type of inflation has been a persistent issue, much like the boiling frog analogy, the market seems to be reaching a critical point. I encourage you to assess the content for yourself, bearing in mind that every posted comment endures indefinitely. Your efforts on this channel will yield lasting results, so, as always, conduct thorough research and refrain from seeking confirmation of preexisting biases if that's your inclination.
BNC:BLX
by AriasWave
The "EXPERTS" are wrong! The bull run is upon us!This chart is to show anyone still on the fence about buying bitcoin, weather the bottom is in and if bitcoin is about to enter a bull market. Lets take a look at this 2 week chart of bitcoin with three indicators. 1 CM ULTIMATE MA 2 PI CYCLE BOTTOM (only the short MA to keep it clean) 3 TRADERS DYNAMIC INDICATOR (TDI) All three of these indicators are screaming that not only the bottom is for 6 months now but that the bull run is right around the corner. We can also see that price action would battle here with these areas until they broke above and confirmed the bull run, we are not there yet, but bitcoin is in the amidst of this battle as we speak. So, once these lines are conquered the bull should be official. It will not go below until the bull run is over. the one exception for this is covid in 2020, but it fairly quickly recovered from. Lets look at the facts. The thick green line that turns red in bear trends is the cm ultimate and the thinner green is pi cycle. Three previous times in history the pi line has crossed down below the cm ultimate which marked the eventual bottom. The cross up is what is important here as every other time in history marked the bottom well behind it and was approaching the inevitable next bull phase. {Highlighted with ovals} Now the TDI The TDI is actually showing confluence which only strengthens our analysis. The TDI also showed bullish divergence for many weeks before the latest breakout mark with yellow lines. Also the TDI shows strength and momentum build up as we compare it to the previous market cycles. The red line first makes a bottom and then crosses the green line. then it crosses the median yellow line and the green line then follows it. When both the red and green lines crossed the median yellow line in previous history, the bull run followed very shortly after. {highlighted with bigger ovals} So, according to these indicators the bull market is coming very soon. We can have another big correction here soon, but the as long as the criteria is met the rocket ship will leave orbit. Thank you WeAreSat0shi Stay blessed!
BNC:BLXLong
by WeAreSat0shi
10
Surprise Mothafuqueurs!!!This is the dip! If you wait, you might fomo at 50k. Fomo is a hell of a thing. Hash ribbons already printed a buy weeks back. NVT Is now preparing for the meal to come. The feast on FIAT will be glorious especially while the bears sit and watch. Not the Chicago Bears but the bear market blues drummers. They're going to starve this winter as the summer was not bountiful and hibernation will tough. The key word is SURPRISE. It won't be a smooth ride up. Not financial advice.
BITSTAMP:BTCUSDLong
by WeAreSat0shi
14
Rumors of Bitcoins demise have been greatly exaggerated. Bitcoin is now out of a bear market and is in it's initial phase of the bull market. That's not what the news is saying. The news says the worst is yet to come, I don't agree. Let's have a look. First, the green and red zone is Gaussian Channel. It turns red in bear markets and green in bull markets. Once it turns green it stays green for the entire bull market. Well sir, it's not green, it's still red. Yes this is a lagging indicator, by the time it turns green bitcoin will be preparing to enter the next phase of the bull market. Down below we have the crypto fear and greed indicator. I have drawn a yellow line where the support for this indicator should most likely stay the entire bull run. The corrections should go to the NEUTRAL area of 47. It is possible for it go lower like 46 45 in fear but It should recover quickly. A substantial break of this zone would likely mean the bull market is over. How do we know all this stuff? How can we verify it? WE would look left on the chart. History may not repeat exactly, but it does rhyme. This is my analysis of the bear market transitioning into a bull market. From last September I was calling for the Bull market to start in March of 2023. Look a the break out candle. Mid March, NAILED IT!! We can see when prices fell in November that the fear and greed was actually rising creating a bullish divergence. I don't expect prices to fall below into this yellow shaded section again. That doesn't mean it can't, if it does, it will not last long in my opinion. It will get bought up very quick. Please feel free add comments or ask questions down below. Thanks for looking WeAreSar0shi
BNC:BLXLong
by WeAreSat0shi
12
The bear trap is set. The 2023 bear trap AS we can see on January 20th Bitcoin broke the down trend it has been in for over one year now. Recently the resistance was tested and was made in to support as Bitcoin took a strong bounce off of it. WE can clearly see this in the chart with the highlighted oval. Above that we have the bear trap zone and the fomo zone A break and hold of the 25.4k level leads to the setting of the bear trap. This bear trap zone goes all the way to 32k above that is the fomo zone and it goes to 47k and possibly even higher. These ar eth e levels to look for in the coming weeks. Another thing of note to look for is that Bitcoin could retest the break out zone at a later date {shown with the blue arrow} and as long as it holds it could then lead to the bear trap. What to look for The RSI will be a dead give away on what move comes first as I have drawn the down trend that it is in at the moment. If this should break above the down trend then it will do with the price and confirm the move. Thanks for looking Hit the like and subscribe for hot off the press charts. WeAreSatoshi Stay blessed in 2023.
BNC:BLXLong
by WeAreSat0shi
3
Bitcoin Flippening Theory Based On AriasWaveSince embarking on the creation of AriasWave, my primary objective has been to delve into corrections and unravel their expansive potential. My focus extended to scrutinizing the potency and characteristics inherent in 5-Wave movements, as they often offer insights into their upward limits. Regarding the Bitcoin pattern, from the outset, I harbored reservations about its purely impulsive nature, except for the cyclical pumps associated with halving events. While I don't predict Bitcoin's descent to zero, I discern indications that it may lag behind in performance compared to other projects efficiently fulfilling similar functions. This isn't a dismissal of Bitcoin's revolutionary impact, as it undeniably fueled innovation. I remain open to all possibilities, but prudence dictates acknowledging superior risk/reward scenarios when alternatives with greater efficacy present themselves. Hence, I propound my flippening theory, shedding light on the potential future displacement of Bitcoin by various alt-coins, contingent upon their respective patterns.
BNC:BLX
by AriasWave
Cryptocurrency Renaissance - Igniting a New EraI'm consistently labeled a permanent bear, but my stance shifts when there's a valid reason for optimism. Employing AriasWave, I meticulously explore various scenarios daily, reporting only on counts that align with the prevailing circumstances. Lately, I've observed a shift in counts favoring a more bullish outlook, and my videos reflect my current perspective. Numerous cryptocurrencies are yet to experience significant movement, but their fate is intertwined with the broader crypto market cap. Essentially, they're interconnected, akin to the subconscious connection among humans. The greatest rewards will be reaped by those who anticipate the trend before it unfolds.
by AriasWave
BLX Year by YearYear by Year Bitcoin (BLX) logarithmic chart, ready for a Massive Explode in 2024. ..................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
BNC:BLX
by CryptoTrend-Alerts