AW Bitcoin Analysis - Type-2 Expanded Zig-Zag Explained...For all those interested in learning the waves here I explain a pattern I always mention; Type-2 Expanded Zig-Zag
It is one of the variances of the set of corrective wave components that makes up AriasWave.
The reason I teach this is because most likely you don't have a clue about this pattern.
Watch the video and consider this; What else don't you know about the markets?
AriasWave teaches you every possible combination of wave components a market will ever make.
If that is not powerful, then just stick to what you think you know and see how you go.
Also waiting for someone to post a videos so you understand what is happening only today is also probably bad for your trading longevity.
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.***
Bitcoin-btcusd
AW Bitcoin Analysis - Small Degree Wave Analysis...In this video I continue my coverage of the correction, my apologies I am not awake 24/7 to keep posting.
It would be good if I could but my analysis would suffer immensely.
Check out the latest and I will post another update later today.
If you learn AriasWave you will be able to perform this analysis on your own and understand the potential change in the type of pattern we are seeing.
Wave B yesterday turned out to be a Type 2 Expanded Zig-Zag and not a 5-Wave move.
I will explain the full breakdown for that wave in my next update.
Overnight we saw a weak wave C unfold.
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.***
AW Bitcoin Analysis - Trading This 5-Wave Move...If you saw my last video which I will link below you will know how this trade started.
In this video you can see the continuation of the price action since then.
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.***
AW Bitcoin Analysis - Small Degree Wave Analysis...Thankfully we have a nice clear correction unfolding for Wave 2 of Wave 3.
This makes it easier to anticipate the next decline once this correction is over.
For now, we are in Wave B so we should continue to see prices oscillate in this area.
With the growing systemic risk and global banking crisis developing, we should see a massive decline in the weeks ahead in most markets.
I have been calling this for a while so if you are following my work, you will be ahead of the crowd.
I will be posting updates for selected markets over the next 48 hours.
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.***
🧯 There is WAR on Bitcoin 💣🔥I will remain Long no-matter what. That's a personal opinion that won't change.
In the video i talk news, inflation, job report today. Let me know yourthoughts.
Links:
1. Biden war on BTC miners: cointelegraph.com
2. Powell war on Bitcoin: decrypt.co
3. SEC failure to safeguard the Crypto industry which i cover earlier this week (Silvergate and FTX):
Combine the 3 and we have this: OPEN WAR! They hate it and they need the money to go elsewhere. that's their interest...not necessarily mine interest or yours.
DATA/METRICS:
NFP was positive today but unemployment rose so it evens it out. Dollar failed to rise and was a good day for Gold: www.fxstreet.com
Nobody talks about average hourly earnings report today which for me is important: 'wages inflation was lower' if I can say it in a simple way: wages cool www.ft.com
Wage price spiral avoided..Great news www.investopedia.com
As data came out, the CME revised the possibility of a 0.50% rate hike to lower: www.cmegroup.com
At the same time banks taking a beating: twitter.com
CPI next week will be HUGE! I expect lower inflation, since energy prices did not pump and wages did not rise. Hopefully next week we have good news..pray!
When Banks take a beating I like to hold Bitcoin. personal opinion and experience:
Can we revisit 18k? Yes, it's possible now
Can BTC go to zero? That also is a possibility
Will some ALTS got o zero? For sure some will!
Will some ALTS succeed? Again, for sure some will!
Do I remain Bullish on BTC? That is a personal statement and mu humble opinion.
After all i can wait.... it looks like the Feds and the US government can't.
One Love,
The FXPROFESSOR
PS. Thank GOD i have a forex account...got saved by Gold this week. Still, very unhappy and FED up with people. Never fed up with Bitcoin.
AW Bitcoin Analysis - Let's get Back To Business...No point wondering what the hell happened last night, it's time to get back to business!
In this video I explain what I believe went down and why I got it wrong.
I posted this as soon as I figured out what happened so apologies if you see it late.
It's been quite some process to get it happening.
This move is just getting started so get back on the horse and concentrate.
At small degree: If we break above 20,040 Wave E could extend higher.
Otherwise, a break of 19,772 means this should keep falling.
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.***
AW Bitcoin Analysis - Small Degree Wave Analysis...In this video I aim to explain recent price action and what it means.
I said we were expecting a Zig-Zag for Wave A and we got it, it was small though.
Now we have all the clues in place for how the rest of the correction will play out.
Leave your emotions at the door when you're dealing with markets.
Now, if you don't remember the last video, I have linked it below, nothing has changed.
Corrections expand all the time, if you don't have perspective, what exactly to do you have?
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.***
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.***
AW Bitcoin Analysis - Short Trade Analysis...Overnight we saw that grind lower and smash through the lower channel with some waves revealing themselves in the process.
From here we can expect prices to stay beneath 22,286 as we see prices fall in a third-of-a-third wave.
Patience is key with the start of these moves as they transition between choppy to sharp and impulsive.
I also talk about potential target at the around 15,500 or until we see the first wave down completed.
See previous related ideas down below.
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.***
AW Bitcoin Analysis - Crypto Depression Explained Video...I thought I would post a video about the Crypto Depression explained chart (linked below).
The superimposed image doesn't line up properly on different monitor resolutions.
I also explain the similarities between these moves which highlights how powerful AriasWave is.
When my analysis keeps coming back to the same thing, I know I am onto something.
With all my latest findings, it only makes sense that I find a similar pattern to illustrate my findings.
This is just the first major crash before cryptos actually begin to make massive moves.
How big those future moves are will have everything to do with the network effects moving forward.
I think mass adoption is the key to the future of the Crypto industry.
It is a second chance for those that want to be part of this new technology to get in at a good price.
The truth is, most people buy high and sell low, here I am just pointing out that low prices are yet to come.
In the meantime, why not learn the waves? I created the AriasWave methodology for people just like you!
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.***
A traders week ahead playbook - the charts that countWe go through the data that traders need to be aware of - looking at what's expected and where the balance of risk sits.
We go through the charts that are front of mind - the key levels and where traders could look to take positions.
We hope this helps with your risk management and understanding of event risk, as well as the opportunity in front of us
Good trading all
Chris
AW Bitcoin Analysis - My Thoughts on the Current Waves...The reasons I haven't been posting in the last few days are in the video.
This current move down looks like a completed Wave B.
I have also been working on a bull thesis which may change the way we look at all the Bitcoin price action. (More in the video)
I will be posting more about that this weekend after I complete my analysis.
For now, stay tuned as I will have more to talk about soon.
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.***
AW Bitcoin Analysis - All Degree Price Action Commentary...In this video I continue this evening's commentary on the waves with even more PROOF that I know what I am talking about.
Just in case you didn't know.
Watch my previous videos from today where I even called the latest move up in Bitcoin merely seconds before it happened.
Just so you fully understand my knowledge of the markets and how much you should be taking this into consideration.
You won't find anyone on this platform that could not only prewarn and anticipate this move and the moves that are coming soon...
But also have created a methodology that backs up the framework used to derive those ideas. (AriasWave)
It quite simply doesn't exist, and my ideas to date have been refined to the point where I can call moves and showcase them in videos you cannot delete.
If you care about how well you understand these markets then educating yourself is more important than you think.
Long Term BEAR
Short Term BULL
Learn the waves!
Check out my amazing related ideas from today linked below.
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.***
BTC & The Power of AriasWave - New Way To Look At Corrections...This is a type of corrective formation that has been in back testing for sharp corrections.
When I created the AriasWave methodology I got a large percentage of the information right but I always knew there was more.
Here I take you through one of the many times I have seen this pattern and the second time officially presenting it on this channel.
The other video is in the XLM video titled: The Perfect Count For XLM linked below. You can see this pattern there also.
This idea all but confirms that Bitcoin already topped because it is only found in sharp correcive moves that look impulsive.
It's this breakthrough in analysis that allows me to prove to you that this pattern exists.
I will produce another video and chart based on this shortly.
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.***
AW Bitcoin Analysis - My Thoughts on the Current Waves...In this video I give you my updated view in order to help us prepare for what comes next.
I go through what I have been seeing in the last 48 hours within the price action.
Every single wave has an explanation but only if it properly identified with, I get wrong quite often.
I don't care about being wrong because I have an opportunity to understand where I went wrong and plan my next trade.
If you're the type of person that gets caught up with being right all the time, then this game is not for you.
I believe Bitcoin will make a new high but it's in the way that it gets there that will convince us of its underlying weakness in the end.
This will also support my bigger picture view which points to a crypto collapse.
What is right around the corner for markets is extremely bearish for all markets, we just haven't quite topped out yet but it's getting closer everyday.
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.***
AW Bitcoin Analysis - Long Trade Has Been Triggered...This trade has just been triggered so holding the position until we see the full 5 Waves up is important.
As we have no target yet we will just have to keep track of the waves as they print a a 5-Wave move.
You may see a bit of a tea cup pattern unfold before it continues higher.
The original idea linked below.
STOP LEVEL: 23,111
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.***
AW Bitcoin - Long Trade idea - First Leg Up of a Zig-Zag...Price may be getting ready for a move higher assuming this count is correct.
Once we see price exceed 23,210 we should start to see the start of wave 3 of Wave (A).
Once the entry is hit, use the last low as a stop level.
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.***
BTC Detailed Top-Down Analysis - Day 137Hello TradingView Family / Fellow Traders. This is Richard Nasr, also known as theSignalyst.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
AW - Hard Lessons Through The Waves - Bitcoin To ZERO...CORRECTION: I meant to say that this is an ENDING DIAGONAL in BITCOIN 2015 - 2021. It can't be a LEADING DIAGONAL at the end of a trend.
In this video I reflect on how much the waves are telling us, but we simply ignore them.
Every single day I learn something new from the waves, whilst others merely have dollar signs in their eyes.
If you are aren't constantly learning in this game, then your chances of survival are zero.
I'm not here to try and get a cheerleading squad, that's what Bitcoin maxis do.
I am here in search of the truth and the real evidence to support any kind of claim that I make along the way.
Now more than ever I believe it is likely that Bitcoin is on an unsustainable path to zero COMPARED to it's current value, maybe not exactly zero but worth no more than an alt-coin.
The problem is that: Who will fork out the money to keep mining something that isn't worth the ROI? That's food for thought.
I am willing to take the Pepsi challenge on this claim moving forward.
I do believe that other projects will likely have a more promising future and my goal moving forward is to find the patterns for the projects that indicate this.
I will make those finding available to my members in the future.
Perhaps Bitcoin makes a come back but probably won't be the largest by market cap.
If anything, I believe bitcoin has set the expectation that the crypto industry will thrive in the future.
All meme coins will disappear, and with interest rates continuing to rise after the next recession, people will ultimately flock to real value and become more aware of where they put their hard-earned fiat.
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.***
AW Bitcoin Analysis - Small Degree Wave Analysis...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 the ability to extend in the current direction if I see the evidence for it.
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.***
This is why I wait for 3 confirmation candles on the daily!Traders,
At times, during the last week, it looked as if our Cup and Handle pattern was going to be legitimized. However, caution was admonished. We had not yet seen 3 candle closes above our neckline on the daily which would have allowed for the safest entry. Though, we played around above the neckline for over a week, the break was never confirmed with 3 solid price closes above the neckline on the daily. This provides valuable teaching material for us all to observe and learn from going forward. I will review price history and show you what I needed to see for solid confirmation.
I will also review the four charts I was observing this past week.
And finally, I will show you what the picture now is looking like going forward.
Stew
AW Bitcoin Analysis - Current Wave 2 Price Action Explained...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 an open mind on what we are trading here considering we have seen some large Wave D's around.
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.***