As I continue my coverage of the current price action for Bitcoin I will now give another view. These waves are so choppy that it is difficult to say for sure without proper clarity. Trading in sections is just another one of my trading strategies because it helps keep me engaged in the price action. This is also helps me remain in certain positions that have...
No that we have confirmed the end of Wave E, this is where the fun begins. It will take some patience as we watch this complex Wave 1 unfold. Don't be surprised if price goes back into the range as part of Wave ii. Price action will produce a lot of zig-zags so you may want to take advantage of those trades during this time if you know how. I expect this...
Been looking over these waves and have formulated a few different views. Here I start to use some logical approaches to determine what is going on. I believe price is too low for this to be any meaningful bottom. I've been getting used to seeing patterns unfold in a particular way. I am currently not yet seeing any evidence of this yet. For now going to keep...
It appears as though the move down that occurred yesterday that gave me idea to produce the long trade idea needs one more mini low. I believe that when price tags 23,613 there will be a reaction. Let's call it the BUY ZONE between that level and critical support at 23,347. Obviously if it breaks support that would be bearish, but then and only then would I...
In this video I explain what we are currently seeing at the small degree, and I also talk about how this move might end. We could be dealing with one of the biggest bear market rallies on record if things I discuss in this video come to fruition. The idea that Wave 5 may extend is visible in Wave 3 and if you think about it, the type of FOMO it would create...
My latest thoughts on the current unfolding waves. So far, we are still looking at a move higher based on what these waves appear to be doing. Critical support remains at 23340. I will provide an update later on today. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern ...
Yes that's 5 question marks for a potential Wave 5 still unfolding and Wave 3 possibly starting now. The move down was too weak for my liking, and I am all about making money not being constantly right. Here we talk about a new idea that's slowly being brewing since I noticed something peculiar across different charts when we topped. Took some thinking but I...
In this video I talk about the small degree pattern and Bitcoins tendency to pull back deep at the highs. I believe it is wise to pay attention to the price action and identify trading opportunities no matter the timeframe. Here we can see a Wave with a bit of weakness after a 5-Wave Move. It might be nothing, but the bullishness may temporarily exert upward...
In this video I explain where we are and where we are going. I highly recommend watching the Great Crypto Depression video linked down below in related ideas. In that video I explain the entire pattern I am expecting from all-time highs right down to around the 3K levels. In order to short this now you would need to place your stop at the highs $25,250 as this...
This video speaks for itself... I think the market needed to get everyone sucked into it so it could sell off like this. I supposed that could in some way explain some of it because at the end of the day markets are all about fear and greed. Greed is good but only when the time is right. If you want to learn to do this yourself and save a bunch of pain, you...
We are getting closer and closer to the end of this madness. I believe price will begin moving down in around an hour or two. In this video I talk about the current setup and what I think it means. I also go into some detail about other technical reasoning and what other people might be seeing. I also attempted to play some devils advocate but once again could...
Did you short from the highs or did you succumb to the bullish correction? The question you need to ask yourself is did you have any idea this was going to perform the reversal without breaking the highs? I have maintained throughout that we have topped, and the waves don't lie. Here I share with you why I maintained my bearish view and why it pays to learn the...
If you believe the market create symmetrical patterns, I believe Bitcoin is creating one now. A head and shoulders pattern that hasn't even finished creating the head let alone the right shoulder. If you have ever seen a head and shoulders pattern you might understand how the market takes it's time to carve out this pattern. If you do not believe that wave 2 is...
This change of analysis is the best I have had so far, with a very quick response to a change of count I am still in profit. In this video I explain what happened and why this pattern could not have been predicted earlier. The complexities I have discovered simply astound me but no matter because the profits are rolling in. In fact, this is even better than...
In this short video I explain what goes through my mind when I look at these patterns. Every wave means something, and every pattern has a direction that you can identify based on those waves. If you see something that doesn't align with what you're thinking, then obviously you need to take corrective action. I shorted this way before I saw these little...
Just another quick follow up video correcting the count of the previous video. I find it slightly amusing how the volatility started picking up not long after the previous video. It looks like the move down is starting to take place. We should start to see price fall dramatically very soon. That first video is linked down below. Correction: There was a news...
In this video I go over the analysis again to solidify your understanding as to why I am shorting this now. It's not really hard to explain when you understand the power of AriasWave. The market has done us a massive favor by letting us short at these levels, we should be happy and grateful. For those that have no idea what the marker is doing I suggest you...
The change of view has now happened due to very weak price action at the lows. After adjusting the count for this Wave E, it's possible that we have one higher yet. This view prepares us for 2 scenarios. 1: would be if we did happen to break critical resistance, we would already be long. 2. We have a small area at the highs that would be consider the sell zone...