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.***
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.***
Comment:
Wave 5 is a Type-2 Expanded Zig-Zag. It appears the whole move down was just a Wave 1. I think it will target 22,635 before reversing.
Comment:
Wave (C) of Wave 5 is a weak 5-Wave Move which is why it is has come to a halt. The top is close. Confirmation of a reversal comes at a break of 21,748.
Comment:
