AW Bitcoin Analysis - Thoughts On The Latest Price Action...In this video I highlight some interesting new reports that have been pushed into the TradingView platform in the last few hours.
The news on TradingView is about as useful as the indicators and oscillators.
I also discuss how the upside price target can change based on where Wave E ends which hasn't started yet.
Here we are seeing a classic fake out move.
I remember when I used to think trend-line breaks were a good idea but quickly learn that it only works temporarily.
Of course in my own opinion it' s Wave D.
Soon we will know and then I can begin trying to analyze Wave E.
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 - Beware The Fakeout Wave D...We are about to find out if this move is a fakeout Wave D.
Wave D within the Wave (B) of Wave D was also expanded which has to this strange formation.
Very similar to the Wave D down in XLM but not as weak.
I ran checks through the last move up and it appears to be done except one more high needs to be made to complete Wave D before it reverses for Wave E.
When I say one more, I mean that it will look like a break-out only to fizzle out.
I have linked below all of the ideas that has led to this assumption, but the proof will be in the pudding.
I absolutely think that Bitcoin is going to move up soon but not in this move.
I don't think it will fall much further but what will be interesting is how this plays out.
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 - The Current Wave D In More Detail...This video is a continuation of the previous idea where I discuss the larger pattern. (Linked Below)
I also give you price estimations which can vary depending on where Wave E ends.
Wave D is really good at faking people out, so this is why I am going so deep on this whole thing.
The price fluctuations in Bitcoin are in line with human psychology and emotion so I find this to be quite fitting for what we are seeing.
Trend-line breaks are great, but they usually work best on the last wave of a correction.
When it comes down to it all you can be the judge of all this once we see price unfold.
Don't forget that XLM still has to make another low, how do you think it will get there?
Lately I have been questioning everything because I see a lot of emotion in people lately.
If Wave E happens to extend lower then what is mentioned in this video, that may also cause confusion.
All we can do is be on the lookout for more clues along the way.
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 - Momentum Drives Bitcoins Waves...In this video I dive the deep every single wave to make sure that I am not missing anything.
I am still processing what I have learnt about the way Bitcoin moves.
We have to be really careful with this type of volatility because it could fake you out.
That's why recently I have been working harder to improve the quality of my analysis.
I don't care if this is the millionth time that I post about it, it needs to be done.
What happened the other day made me question so many things about what I am seeing.
It is a long video but if you want to truly understand what is going on in the bigger picture you will need to watch all of it.
I will be posting a price prediction for Bitcoin for the next bull run shortly based on this count which will be the minimum expectation.
Considering how Bitcoin behaves, we can almost expect to be surprised but that comes with a caveat.
I will explain more about this as I develop the analysis further.
The clues in this video though should get you thinking more in terms of waves because of the fine detail and the clues they reveal.
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 - Wave E Structure Forming...In this idea we are looking at a move down for Wave E that cannot break support of 21,817.
Since Bitcoin had such a strong move up recently, like any move it requires some kind of pullback\correction.
I think that it is a good idea to wait until price comes back to this area before going long using one of these methods:
1: Buying at support.
2: Waiting for a trend line break after we see some kind of completed 5-Wave Move.
3: A break of 26,394.
I would not be surprised if we saw a .618 retracement which is just above support at around 22,100, given that the Wave D was so large.
The reason I believe Wave D was so larger was to break a trend-line down and previous resistance to show us that there is a continuation of the trend.
However in doing this it became temporarily over extended.
Other observations is the likelihood of traders trading this down like some kind of Head and Shoulders pattern which would measure out to roughly this same area.
I will post another update once I see something of interest.
See the posts below where I turned bullish on Bitcoin due to this breakout Wave D move.
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 - One More All-Time-High?If this view is accurate then there is no way this will go lower, just yet.
Don't ask me about what will happen when we reach these highs because with what I see on the horizon, it may not be good.
So, if we are going to short at some point, first, we need to trade it up.
I don't really care what direction we head, as long as it makes sense along the way because real traders make money either way.
I got it wrong, great, big deal move on. But my outlandish calls fluctuate based on evidence and this call is pretty crazy.
Not as crazy as the strength I witnessed last night, that sh$% blew my socks off!
Imagine what it could do next.
If I see it to be true, then I go ahead and make a plan.
If I am wrong, then my brain sets on fire again with more questions until they are all answered.
So, f$%# it I am long.
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 - This Changes Everything...This is the first of many incoming videos, what happened last night really made me think.
I have gone and had a think about what this means.
The large degree video is next, but the small degree is already hinting and something much bigger that cannot possibly be what I previously thought.
I think you better put on your astronaut helmet because we might just be about to launch back to all-time highs.
Stay tuned!
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 - Tracking These Last Waves....There is still more upside left in this move.
If you are wondering why it came back to the scene of the crime it's because the upside is limited.
I will post a more in depth video later today.
For now it is good to know that there will be a set of Wave 5's that will be part of the topping process for Wave E.
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 - This is a Wave E...Extremely disappointing result for my analysis. My apologies.
We were already in Wave E, I picked up on it too late to post.
I will post an update soon.
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 - The Bitcoin Trading Plan...After my last video where I spoke through my train of thought (linked below)...
This is what I believe the trading plane for Bitcoin should look like, even if you decide to unfollow because you got mad.
By now you should know that I understand Zig-Zag's better than anyone. (That I know)
So we should target the lows for this move down as it has revealed itself to be Wave D.
That target is at around $19,518.
After this I will guide us into the next move up for Wave E which should be another insane move.
Stay tuned!
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 - My Train Of Thought Reveals All The Clues.In this video I talk through my process and during the video I make some revelations about what we are seeing.
I actually surprised myself because my view has changed slightly and now, we know what is going to happen.
Just like I did over the last 48 hours except for the larger degree.
I will post a chart about this shortly.
The thing about the way I process my thoughts on these videos is that it's unfiltered AriasWave.
The person that created the methodology has an internal dialogue going on about the waves all the time.
When I express it on videos, for some reason I discover things along the way.
Sometimes I decide to stop the video and re-record it to make it sound like I knew what I was talking about all along.
In this video I give you the raw uncut version (I pinky promise), I wonder if you could ever know when I do that hehe.
If that is some kind of condition, then I am proud to have it.
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 - Short Trade Opportunity...Regardless of its impulsive nature, this is just a sharp correction that cannot exceed the highs.
Initially we want to place our stop above 25,000, when price starts moving lower you can then move the stop level down.
Once it starts dropping, watch for a break of 21,744 just to make sure it's completely done before you do so.
ENTRY: AT MARKET
STOP: 25,254
TARGET: 19,569 (Even though it will go much lower.)
If you do not have conviction then you will flail, I know it is just a correction because I made USDT using 125X leverage trading it. (Check out my profile)
That's my conviction!
Check out my last video down 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 - Time To Short - Watch For This...Check out all related ideas for this massive trade, down below.
Here I reflect on the trades and talk about what typically happens at these highs.
It's kind of comical how Bitcoin behaves at these highs.
Please follow my work as there are so many awesome trades ahead.
Now it's time to short and wait to see how this pans out.
Remember it's a wave 2 correction but just use the highest point for your stop.
Thank me later.
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 - Be Aware Of This Count...In case we don't break the lows watch for this.
Things can only get crazier if we are not vigilant.
I do not trust the Bitcoin price action unless it's confirmed which it hasn't yet.
Previous idea down 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 - Watch For A Break Of 21,748...This looks like a top with a truncated Wave v.
There is no way it can make another high.
Bitcoin is toast.
Confirmation of toast comes at a break of 21,748.
Stay tuned!
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 - One More High? Don't Mind If I Do...Just another quick update that isn't short in length.
So it appears as though we are heading for one more high.
I give you my thoughts in this video.
Hopefully I can go record my "other" content soon because this silly wave is dragging on for too long.
Just top out already :)
Correction: I meant to say price came back down to previous Wave i & ii area.
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 - Let's Talk About This Correction...In this video I lay out all the details for this entire move.
If you have been watching my videos in the last couple of days you will understand what is going on here.
For those that don't know what a Type-2 Expanded Zig-Zag is then now you do because this is what you just saw.
I explained it yesterday and I will link that video down below.
In essense this move really doesn't have anymore upside.
It's already achieved it's target.
Now, unless this move decides to extend beyond what it normally would then 22,294 is the line in the sand.
If it doesn't go above that level then a break of 21,748 means it's completely done.
No one is more accustomed to trading these type of Zig-Zag patterns then myself because I discovered them over 5 years ago.
That is why I teach AriasWave to those that want to learn.
One more thing, if you are absolutely certain that this move will continue higher then 21,748 can serve as critical support too.
Just make sure you know what you're getting yourself into.
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 - Wave 2 is Ending - Watch For This...We are nearing the end of this deep pullback in anticipation of a third-of-a-third wave down.
You can thank Wave E for that as the very same type of news that helped it drop also helped it recover.
This to me tells me that if you are not having fun trading these moves then what is the point?
Never take these things too serious they are just part of a never-ending process of price discovery.
AriasWave helps you understand exactly how the process works and signals entries and exits.
In this case, the moves were so severe that it still hasn't quite ended yet.
If for some reason you mistake this for a 5-Wave Move or the start of a new bull market, then you will be disappointed by the result.
Below I have linked all the related ideas that led to this massive trade that has paid off handsomely.
I tried my best to get all my followers into it, even after a failed attempt.
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 - Wave 2 Ending Shortly...It turns out the whole move down was Wave 1.
Wave v was extended because of Silvergate.
This is why this correction is so deep.
At small degree price has come to a halt because Wave (C) of Wave 5 is a Weak 5-Wave move.
Watch for a reversal a .618.
I will post an update once it reverses.
Confirmation of a reversal when we break below 21,748.
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 - Quick Price Update...Apologies I just woke up and was trying to get my head around this pattern.
We are expecting a Zig-Zag up from here so if you miss the first leg you can trade the second.
I will be posting updates shortly.
Just remember how I got you into this trade when it looked very weak, this shows you the power of AriasWave.
You cannot afford to miss these moves!
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 - Long Trade Idea - Take 2...The previous count for Wave D was incorrect.
Now it actually looks properly complete.
Price has already been confirmed.
ENTRY: At market price or on a pullback.
STOP: 20,271.
TARGET: 20,958.
Once again, if we break support of 20,271 then Wave 2 is over.
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 - Quick Update on This Move...The Type-2 Expanded Wave D only just completed and was incorrectly identified.
I will now re-attempt the long position for Wave E.
Details are in the idea linked below.
Once again, if we break support of 20,271 then Wave 2 is over.
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 Long Trade Idea - The Three Rising Soldiers...OK so we are not really trading the candles, but they do look cool though.
This idea is based on the videos linked below in related ideas from earlier.
ENTRY: At Market
STOP: 20,304
TARGET: 20,960
This move should be the last move in the correction, unless we break 20,303 which may incdicate that it is already done.
If we do break below this level, then shorting with a stop above that last high as per my previous videos.
I will be updating throughout.
In essence, Wave E is that last wave in a correction, so it depends how long it is.
I can only give you targets based on probabilities.
If you learn the waves you can make your own assumptions.
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.***