AW Bitcoin Analysis - Key Reasons Why Wave 1 Bottom Completed...
In this video I talk about a host of key reasons why the bottom is now in for Wave 1 down.
2 Key waves that give it away plus very bullish reversal candles on the hourly.
If you are confident enough to pick lows then you should be all over this one.
If price was going to go lower it wouldn't have just created these patterns.
Now we focus on trading the first Zig-Zag because this is always the first move in a correction.
Regardless of how you look at the market, all the signs are there.
This also includes the oversold RSI on the 1 hour and 4 hour timeframe.
Every wave must be tracked and documented along the way so we know why we are changing directions and when.
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.***
2 Key waves that give it away plus very bullish reversal candles on the hourly.
If you are confident enough to pick lows then you should be all over this one.
If price was going to go lower it wouldn't have just created these patterns.
Now we focus on trading the first Zig-Zag because this is always the first move in a correction.
Regardless of how you look at the market, all the signs are there.
This also includes the oversold RSI on the 1 hour and 4 hour timeframe.
Every wave must be tracked and documented along the way so we know why we are changing directions and when.
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.***
