Bitcoin / TetherUS
Long

AW Bitcoin Analysis - Wave 2 In Progress, Watch For This...

130
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[b/] 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.***

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