I have decided to invest some time into the Bitcoin pattern because I see so many ridiculous ideas out there.
I see more people dedicated to showing you their colorful vibrant charts instead of trying to give you insight into what the market is actually going to do next.
I have not changed my bearish view but there are some slight changes which reveal some big clues.
My research of D waves reveals that they are breakout waves however when markets have a lot of upward pressure they make E waves look impulsive therefore making people think that the sky is the limit when in fact the market is setting them up for failure and finding more buyers so that the whales can cash out once again but this game is coming to an end.
We are in an E wave and no new all time high will be made if this is the case.
This is an ending diagonal in Wave 2 (See my related idea). Just for your information the (A) wave in the previous D wave was a leading diagonal which is why the latter half looks impulsive and the first half doesn't.
As you can see I have outlined the waves I expect to see shortly. I will provide updates along the way along with some trade setups when the time comes.
I want to give you what these other traders cannot give you which is trade-able levels so stay tuned.
I will also be setting up a TradingView live stream (subject to approval) soon where I reveal exactly how the markets work using the AriasWave pattern for free because I want to help people achieve their goals.
Please LIKE and FOLLOW to get notification of updates and future posts.
I see more people dedicated to showing you their colorful vibrant charts instead of trying to give you insight into what the market is actually going to do next.
I have not changed my bearish view but there are some slight changes which reveal some big clues.
My research of D waves reveals that they are breakout waves however when markets have a lot of upward pressure they make E waves look impulsive therefore making people think that the sky is the limit when in fact the market is setting them up for failure and finding more buyers so that the whales can cash out once again but this game is coming to an end.
We are in an E wave and no new all time high will be made if this is the case.
This is an ending diagonal in Wave 2 (See my related idea). Just for your information the (A) wave in the previous D wave was a leading diagonal which is why the latter half looks impulsive and the first half doesn't.
As you can see I have outlined the waves I expect to see shortly. I will provide updates along the way along with some trade setups when the time comes.
I want to give you what these other traders cannot give you which is trade-able levels so stay tuned.
I will also be setting up a TradingView live stream (subject to approval) soon where I reveal exactly how the markets work using the AriasWave pattern for free because I want to help people achieve their goals.
Please LIKE and FOLLOW to get notification of updates and future posts.
