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.***
BLX
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.***
AW Bitcoin Analysis - Bear Market Continues, Watch For This...No that we have confirmed the end of Wave E, this is where the fun begins.
It will take some patience as we watch this complex Wave 1 unfold.
Don't be surprised if price goes back into the range as part of Wave ii.
Price action will produce a lot of zig-zags so you may want to take advantage of those trades during this time if you know how.
I expect this weekend to be very choppy and slow moving during this process.
Don't forget about the disclaimer as always use this as a guide to help with your own strategy.
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 - Support Broken - Game Over...With support broken there is no more upside.
I also believe that the downside will be much worse than originally anticipated.
Once I see price a bit lower, I will post a full update with new counts.
The redline for wave 2's are the perceived resistance levels at this stage.
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 - Current Wave 2 Price Action Explained...Been looking over these waves and have formulated a few different views.
Here I start to use some logical approaches to determine what is going on.
I believe price is too low for this to be any meaningful bottom.
I've been getting used to seeing patterns unfold in a particular way.
I am currently not yet seeing any evidence of this yet.
For now going to keep an open mind on what we are trading here considering we have seen some large Wave D's around.
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 Long Entry...Small degree price action now points to a move higher from these levels.
On the 15-minute chart, price is leaning right against the 1000 period moving average which is good support.
Here we can assume that this is a small degree Wave 1 and Wave 2 is possibly complete.
Confirmation comes at a break of 24,133.
The stop level will remain in place if no new low is made.
If we make one more mini low just adjust the stop level upon entry.
This type of pattern is similar to the last long position where price starts of quite slowly and then goes parabolic.
You can see that previous long trade linked below.
Trade parameters:
ENTRY: 24,133
STOP: 23,905
TARGET 1: 33,000
TARGET 2: 36,500
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 - Confused? Watch out for this...It appears as though the move down that occurred yesterday that gave me idea to produce the long trade idea needs one more mini low.
I believe that when price tags 23,613 there will be a reaction.
Let's call it the BUY ZONE between that level and critical support at 23,347.
Obviously if it breaks support that would be bearish, but then and only then would I consider a short position after waiting for corrective waves.
The reason I would wait for corrective waves if it did break support is because this would only be 1 piece of evidence.
Stay tuned!
See all 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 Long Trade Idea - This Moon Shot Will Soon Pop...This idea is based on the lastest AriasWave updates and we are here to make money.
Pull out your calculator and add up the fact that we have made profits up, down and now up again...
What are the odds? No matter, it only gets better from here.
Here are the parameters for this trade:
ENTRY: 24,596
STOP: 23,613
TARGET 1: 33,000
TARGET 2: 36,500
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 - What The Last Move Up Could Look Like...In this video I explain what we are currently seeing at the small degree, and I also talk about how this move might end.
We could be dealing with one of the biggest bear market rallies on record if things I discuss in this video come to fruition.
The idea that Wave 5 may extend is visible in Wave 3 and if you think about it, the type of FOMO it would create would be unrivalled.
People would really start to believe that it is going to go to the moon before suddenly reversing course.
As like with many Wave E moves, being the last move in the correction, the alternation between Wave 2 and 4 is likely to be skewed to the downside.
This means that we would see a large Wave 2 (of Wave 5) and a practically a non-existent Wave 4 which may be a quick sharp correction before the fifth-of-a-fifth wave finally completes.
This would give the impression that it was a real Wave 3 and that price would only continue to rocket to the moon for a long time.
We all know that it is unrealistic for price to simply move up in such a sharp manner for extended periods of time because they usually result in a buying climax.
They can be very profitable if you know when to get out of the trade.
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 - Commentary On The Current Waves...My latest thoughts on the current unfolding waves.
So far, we are still looking at a move higher based on what these waves appear to be doing.
Critical support remains at 23340.
I will provide an update later on today.
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 Opportunity...It seems like this short seemed too easy to book some profits, so I took them.
Here we are aiming for a potential long position if we see the level broken that indicates this potential.
You can see the full break down in the idea linked below in related ideas.
When things don't seem right and ideas spring to mind, it's time to take action.
I still think this is a bear market rally with some further upside potential.
Just remember to follow the ideas carefully and don't gamble.
ENTRY: 24,484
STOP: 23,870
TARGET: 30,826
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 - Could This Bear Market Rally Continue?????Yes that's 5 question marks for a potential Wave 5 still unfolding and Wave 3 possibly starting now.
The move down was too weak for my liking, and I am all about making money not being constantly right.
Here we talk about a new idea that's slowly being brewing since I noticed something peculiar across different charts when we topped.
Took some thinking but I think it's coming together even though it's against my previous ideas.
I think I got lucky here and I hate getting lucky, it means I may lose money.
Check this out and leave your comments if you support the continuation of this bear market rally.
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 - Another Pull Back? Watch for this...In this video I talk about the small degree pattern and Bitcoins tendency to pull back deep at the highs.
I believe it is wise to pay attention to the price action and identify trading opportunities no matter the timeframe.
Here we can see a Wave with a bit of weakness after a 5-Wave Move.
It might be nothing, but the bullishness may temporarily exert upward force on the market to psych people out once more.
I wouldn't put it past this Crypto as we have seen it time and time again.
In saying that, we also have a line in the sand to prove the idea wrong.
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.***