AW Bitcoin Analysis - Crypto Depression Explained...What does the DOT COM BUST, GREAT DEPRESSION and Bitcoin Today all have in common?
They are all Type-2 Expanded Zig-Zags Wave A's.
I discovered this pattern many years ago and is one of the 3 Zig-Zag variants.
Just to give you some perspective on the type of price action I expect.
We are currently where the orange wave (B) is.
I have labelled the DOT COM BUST and superimposed it over the Bitcoin chart so you can see what I expect.
Won't be the first time it's happened and it won't be the last.
After this pattern has completed we can talk more about it.
Until then I suggest you try to be realistic and learn the waves.
NOTE: I created the AriasWave methodology many years ago to understand every type of move any market makes.
Watch the larger pattern video 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.
***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 - Part 2 of 2 - The Larger Degree...This video takes every piece of analysis I have ever done into consideration.
It takes the most likely pieces of analysis and makes sense of them using the AriasWave methodology.
Complex and corrective fractal patterns that are choppy aren't the easiest to gauge straight away.
Therefore, I outline a few different options for what we could be seeing unfold for the first part of this bear market.
This idea also points out that this correction is only just getting started since the highs and backs up those claims with some evidence.
This type of understanding of the entire structure lays down the foundation for the potential scenarios that are coming.
Each of the scenario's points to lower prices from this point forward.
Take whatever you can from this and make your own decision on where the next low may be.
I will post more about these ideas over the next few days.
I have linked the small degree view below which points to the third-of-a-third wave scenario given the structure.
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 - Part 1 of 2 - The Small Degree...This video explains what I believe is going on at the small degree from the highs.
This count all but confirms a top due to the structure.
Things are about to get a whole lot more interesting in part 2 where I talk about the larger pattern.
I combine every little piece of knowledge I have ever come up with to explain everything to do with Bitcoin.
From here I expect a very sharp and long move lower.
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 - Wave 3 May Now Be In Progress...This particular view suggests that Bitcoin could be in the early stages of Wave 3.
As we didn't make a new low this suggests that price may be getting ready to reverse to the downside.
A confirmation for this particular count will come when we break below 22,154.
I will post a video later today about my latest finding for roughly where this bear market could end.
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 B Almost Complete - Watch For This...As I continue to cover Bitcoin during this Wave 2 correction it appears that the move down is likely ending soon.
As we get ready for a Wave C bounce I explain how to confirm when it begins.
Right now, we are just slowly grinding towards the lows.
After we make the final low, we should see a reaction to the upside.
Check out my most bullish Bitcoin idea linked below.
I am still finalizing this analysis at small degree but have sufficient evidence to post about 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 - The Most Bullish Idea Yet - Still Needs More Work..In this video I talk about how I am building up a library of patterns in my mind similar to machine learning.
This is why overtime my analysis changes and evolves into these ideas.
The more I post, the more I learn because I am actively learning different examples of a wave components every day.
The sooner you start the process of learning the waves, the quicker you will start to see the matrix for what it is.
I am not trying to say that I am some kind of all knowing super human because I created AriasWave.
No, I am simply harnessing the very same abilities that we are all born with.
Just like a computer processes data by utilizing the CPU, Memory and Storage, we too can do the same if we know how.
AriasWave is just the program that provides the instructions to perform the analysis.
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 Thoughts on the Current Waves...The reasons I haven't been posting in the last few days are in the video.
This current move down looks like a completed Wave B.
I have also been working on a bull thesis which may change the way we look at all the Bitcoin price action. (More in the video)
I will be posting more about that this weekend after I complete my analysis.
For now, stay tuned as I will have more to talk about 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 - Bitcoin Collapse Has Begun...The weak way in which this Wave E of Wave 2 ended to me says Wave 3 down has begun.
At the this point I would say this is the end for Bitcoin.
I don't think it's coming back after this move down.
If I see any good setups I will post them.
All my related ideas 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 - All Degree Price Action Commentary...In this video I continue this evening's commentary on the waves with even more PROOF that I know what I am talking about.
Just in case you didn't know.
Watch my previous videos from today where I even called the latest move up in Bitcoin merely seconds before it happened.
Just so you fully understand my knowledge of the markets and how much you should be taking this into consideration.
You won't find anyone on this platform that could not only prewarn and anticipate this move and the moves that are coming soon...
But also have created a methodology that backs up the framework used to derive those ideas. (AriasWave)
It quite simply doesn't exist, and my ideas to date have been refined to the point where I can call moves and showcase them in videos you cannot delete.
If you care about how well you understand these markets then educating yourself is more important than you think.
Long Term BEAR
Short Term BULL
Learn the waves!
Check out my amazing related ideas from today 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.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Sharp Correction - Long Trade Idea - Wave E...This idea is based on the AriasWave Sharp Correction thesis video titles A New Way To Look At Correction linked below.
So here are the trade parameters:
ENTRY: 23,436
STOP: 23,332
TARGET 1: 24,295 (.618)
TARGET 2: 24,723 (.786) RISK REWARD: 12.79
TARGET 3: 24,977 (.886)
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 Sharp Correction - Long Trade Idea - Wave E...This idea is based on the AriasWave Sharp Correction thesis video titles A New Way To Look At Correction linked below.
So here are the trade parameters:
ENTRY: 23,436
STOP: 23,332
TARGET 1: 24,295 (.618)
TARGET 2: 24,723 (.786)
TARGET 3: 24,977 (.886)
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.***
BTC & The Power of AriasWave - New Way To Look At Corrections...This is a type of corrective formation that has been in back testing for sharp corrections.
When I created the AriasWave methodology I got a large percentage of the information right but I always knew there was more.
Here I take you through one of the many times I have seen this pattern and the second time officially presenting it on this channel.
The other video is in the XLM video titled: The Perfect Count For XLM linked below. You can see this pattern there also.
This idea all but confirms that Bitcoin already topped because it is only found in sharp correcive moves that look impulsive.
It's this breakthrough in analysis that allows me to prove to you that this pattern exists.
I will produce another video and chart based 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 Bitcoin Analysis - My Thoughts on the Current Waves...In this video I give you my updated view in order to help us prepare for what comes next.
I go through what I have been seeing in the last 48 hours within the price action.
Every single wave has an explanation but only if it properly identified with, I get wrong quite often.
I don't care about being wrong because I have an opportunity to understand where I went wrong and plan my next trade.
If you're the type of person that gets caught up with being right all the time, then this game is not for you.
I believe Bitcoin will make a new high but it's in the way that it gets there that will convince us of its underlying weakness in the end.
This will also support my bigger picture view which points to a crypto collapse.
What is right around the corner for markets is extremely bearish for all markets, we just haven't quite topped out yet but it's getting closer everyday.
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 PT2 - Wave 5 May Not Have Completed Yet..Use this stop level only if it holds at time of entry.
Alternatively move the stop wherever the low ends up.
Trade parameters:
ENTRY: 23,643
STOP: 23,523
TARGET: 25,289
Original idea 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.
***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 - Wave 5 May Not Have Completed Yet..Light bulb moment, I think Wave 5 still needs to happen and may be about to start.
This might explain all the 1-2 subdivisions at the lows.
Trade parameters:
ENTRY: 23,639
STOP: 23,430
TARGET: 25,289
RISK REWARD RATIO: 7.6
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 A Zig-Zag Looks Complete...In my experience whenever you see price perform this type of move at the highs it means it has no strength.
This is typical of a Weak 5-Wave move for Wave (C) even though it looked like it had potential.
That type of sub division does not belong in the start of Wave 3.
The sudden reversal and subsequent pull back may be an opportunity to enter a short position.
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 Has Been Triggered...This trade has just been triggered so holding the position until we see the full 5 Waves up is important.
As we have no target yet we will just have to keep track of the waves as they print a a 5-Wave move.
You may see a bit of a tea cup pattern unfold before it continues higher.
The original idea linked below.
STOP LEVEL: 23,111
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 - First Leg Up of a Zig-Zag...Price may be getting ready for a move higher assuming this count is correct.
Once we see price exceed 23,210 we should start to see the start of wave 3 of Wave (A).
Once the entry is hit, use the last low as a stop level.
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 In Progress, Watch For This...Have you ever traded a sharp correction?
This could be about to go parabolic in Wave E.
To understand this, you need to understand that waves happen is a certain order and if certain conditions are met, they can extend higher quite quickly.
Assuming we don't break the mini low of around 23,152 on the Binance chart a move about the last high of about 23,250 should signal the entry.
Not sure how high this will go but it could possibly retracement at least .618 of the move down since the beginning of the weak Wave 1 down.
Trade this and any of my ideas at your own risk.
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 - Small Degree Wave Analysis...If Blue Wave 1 happens to be a Weak 5-Wave move in it's entirety then it's possible this next move could be a third-of-a-third wave rather than another zig-zag.
The reason is because the internal subdivisions of Blue Wave 1 could itself be a weak 5-Wave move.
Also, the recent correction never really pulled back up that far there for negating the strength factor.
Price could be potentially about to continue much lower from current levels if prices maintain below 23,225.
Also, the corrections are getting shallower and shorter in duration which adds credence to this idea.
The trade parameters from the previous idea remains the same but the target may change.
The previous idea is 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.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW - Hard Lessons Through The Waves - Bitcoin To ZERO...CORRECTION: I meant to say that this is an ENDING DIAGONAL in BITCOIN 2015 - 2021. It can't be a LEADING DIAGONAL at the end of a trend.
In this video I reflect on how much the waves are telling us, but we simply ignore them.
Every single day I learn something new from the waves, whilst others merely have dollar signs in their eyes.
If you are aren't constantly learning in this game, then your chances of survival are zero.
I'm not here to try and get a cheerleading squad, that's what Bitcoin maxis do.
I am here in search of the truth and the real evidence to support any kind of claim that I make along the way.
Now more than ever I believe it is likely that Bitcoin is on an unsustainable path to zero COMPARED to it's current value, maybe not exactly zero but worth no more than an alt-coin.
The problem is that: Who will fork out the money to keep mining something that isn't worth the ROI? That's food for thought.
I am willing to take the Pepsi challenge on this claim moving forward.
I do believe that other projects will likely have a more promising future and my goal moving forward is to find the patterns for the projects that indicate this.
I will make those finding available to my members in the future.
Perhaps Bitcoin makes a come back but probably won't be the largest by market cap.
If anything, I believe bitcoin has set the expectation that the crypto industry will thrive in the future.
All meme coins will disappear, and with interest rates continuing to rise after the next recession, people will ultimately flock to real value and become more aware of where they put their hard-earned fiat.
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...This idea is the culmination of the last two idea and basically infers that Wave 1 down may start off looking like this.
I am noticing corrections that are small in nature at different points of this move down.
A head and shoulders pattern that will complete a move down for Wave v of Wave 1.
Trade Parameters:
ENTRY: 22,973
STOP: 23,219
TARGET: 21,997
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 - Small Degree Wave Analysis...As I continue my coverage of the current price action for Bitcoin I will now give another view.
These waves are so choppy that it is difficult to say for sure without proper clarity.
Trading in sections is just another one of my trading strategies because it helps keep me engaged in the price action.
This is also helps me remain in certain positions that have the ability to extend in the current direction if I see the evidence for 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.***