With a revised wave count, the patterns established overnight indicate a preference for an upward movement.
According to this count, support is identified at $42,656.
If this count holds true, we've likely already validated an upward movement, yet surpassing $43,571 would further bolster confidence.
Anticipate an imminent upward breakout. Initial target set...
As noted in my previous video, deciphering this count has proven challenging. Therefore, based on my latest bullish analysis, I'd like to present a bearish perspective.
However, it's crucial to acknowledge that these viewpoints heavily rely on whether a low or high is breached. As of my posting, we've retraced to .618 in a somewhat choppy and feeble manner. Take...
In this video, I outline the recent shifts in my perspective over the past few days and the reasons behind them. To make reasoned decisions within the context of AriasWave, I needed to identify a point of failure, which I accomplished within the last 24 hours.
When it comes to trading, errors can result in being stopped out, but I've had several successful...
Based on my revised analysis, it appears that we are currently in Wave (C) of the presumed zig-zag pattern.
A minimum expectation is for prices to reach the $48,000 range. To validate this projection, we need to observe a breakthrough at the $43,565 level.
If this count proves accurate, it suggests a larger zig-zag pattern than initially anticipated, with a...
Because of discrepancies in the recent price movement compared to my initial pattern assessment, I've formulated a bullish trading proposal indicating that we might be experiencing a Wave B rebound within a zig-zag pattern. Should the support at $42,224 persist, there's a possibility of prices rebounding beyond $44,000, with a target set at a minimum of $44,500.
Considering the recent price movements, I suggest that Wave 3 downward is on the verge of commencing. My current analysis indicates the formation of a 1-2 i-ii pattern, signaling an imminent reversal. To confirm this reversal, three key levels must be breached: $42,229, $41,890, and $41,620. In the event that Wave 3 initiates, I am unable to provide a target at...
Up to this point, I've observed various indicators signaling an imminent downward movement. The sluggish progression is attributed to consistently low trading volumes on most weekends.
Despite the gradual unfolding, I want to share my perspective on the current situation. After capitalizing on profits from the corrective bounce, I am now anticipating a breach of...
January ended with a Doji candle, a symbol of uncertainty and often when seen on the tops a prelude to reversals. But for a reversal of the trend, confirmation will be needed and we know that the underlying trend is bullish, so in this context we can use the doji candle to understand whether it will make a retracement or not, using the highs and lows of the...
As noted in the previous update, it's probable that we'll witness an upward retracement for the corrective phase of Wave D in this zig-zag pattern.
Presently, we've experienced a substantial pullback, prompting the initiation of a short trade position towards the lower levels.
This move is anticipated to breach the support, confirming the culmination of a peak...
Whether you accept it or not, there is invariably a prevailing trend. Amid these turning points, a considerable amount of perplexity arises, contributing to the formation of these distinctive patterns.
AriasWave possesses the expertise to decipher these patterns, while adherents of Elliott Wave theory may only recognize ABC patterns. In contrast, I assert that...
We've breached the support level, signaling the end of the upward trend, and I delve into the various factors contributing to this shift in my latest video. I also discuss the reassigned labels for the Wave 2 count; in my perspective, a downward expansion indicates a weakening market. The attempt to rebound with two separate 5-Wave moves, interspersed by a zig-zag...
A breach below the $43,082 support level could indicate the completion of Wave E and possibly the conclusion of Wave 2. The peak occurred at $43,882, representing a distinct rejection of the 50% retracement. To confirm this scenario, watch for a breach of $41,620 or the initiation of Wave E.
In this video, I discuss recent long trade concepts for Bitcoin and provide a recap of the thought process that led to the decision-making for initiating these trades. Additionally, I delve into the strategies of securing profits and implementing scaling techniques. While learning fractal patterns may require dedication, they are not insurmountable. I also...
We currently find ourselves in the third wave of this Wave E movement, and within that wave, we are navigating through Wave 2. The anticipated support for the upcoming upward movement is set at $43,082. The commencement of the next upward phase is expected within the next several hours or possibly sooner. A decisive break above $43,790 would serve as confirmation...
In this video, I analyze the present Bitcoin price movements, indicating a potential upward shift beyond $45,000. To position myself for a short position in this market, I plan to engage in trading during the final corrective upward movement within the Wave 2 correction. The pattern at a smaller scale implies an impending upward movement, and I will utilize the...
In this video, I delve into the considerations that led me to take a short position on Bitcoin at these specific levels. I want to clarify that I'm not advocating for others to follow suit in shorting Bitcoin; rather, I'm elucidating the rationale behind my decision. The video also touches upon the influence of the Dow Jones and Solana on this decision, and I...
In the video linked below featuring this chart, I discussed the potential range of 6 trillion within a 65 trillion context. The distinction in measurement depends on whether you assess it in terms of percentage or a linear scale. The underlying rationale is rooted in the concept that if Wave 2 can undergo a 200 million percent expansion during an expanded...
To begin with, it's crucial to emphasize that this approach differs significantly from Elliott Wave analysis. Utilizing the AriasWave methodology involves years of observation and ongoing pattern analysis, making it distinct from conventional techniques. This video may seem out of the ordinary for this channel, as I've consistently held a contrarian view on...
