Bitcoin & TA Basics | How to trade through TradingViewHey guys, welcome to another video of mine. Today we're going to have a look at the BTCUSD price & spot some interesting signals for a possible short-term trend change. I also introduce you to the function of the TradingView Trading-Panel.
Feel free to check out my previous published ideas below this one. And if there are any questions, feel free to leave a comment.
Cheers,
ARESABI
Bitcoin-btcusd
BTCUSD is correcting till the second week of MarchI was right ... again (You need to follow me now).
I use the trading technical analysis an astrology to know exactly what's going to happen. I expect it to go all the way down to correct maybe around the 20 K zone.
The rising wedge has been broken, and now BTCUSD will have to follow the Elliot corrective waves.
We also have to wait for the MACD to show signs of ending of the trend. But in all means, I am not interested in buying BTC until March 7th is over!
AW - Could This Bear Market Rally Continue?????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 think it's coming together even though it's against my previous ideas.
I think I got lucky here and I hate getting lucky, it means I may lose money.
Check this out and leave your comments if you support the continuation of this bear market rally.
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 - Another Pull Back? Watch for this...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 force on the market to psych people out once more.
I wouldn't put it past this Crypto as we have seen it time and time again.
In saying that, we also have a line in the sand to prove the idea wrong.
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 - 10K Target for Bitcoin...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 is the end of Wave 2.
If you are confident that the top is in shorting at market is advised.
If you are not %100 confident and you understand AriasWave a little bit, then you could short at 23,531.
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 - Commentary, Insight & Knowledge...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 find no reasom to be bullish.
If the market proves me wrong I am going to have some trouble figuring this one out, so the wait continues.
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 Short Trade Insights, Analysis and Commentary...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 waves.
I told you to ignore the clowns because they are just indicators that prove the extreme levels of bullish sentiment.
They are modern versions of the shoeshine boy tale.
Price is driven by human emotions, fear and greed.
These corrective waves measure the sentiment and lead to a buying climax.
Check out all the related Bitcoin 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 - THE GREAT CRYPTO DEPRESSION...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 allowed to retrace 99% of Wave 1 then you just do not understand waves.
If you do not understand how waves themselves operate at a granular level, then what do you understand?
We are not just talking about hindsight; we are talking about forward looking analysis as a result of knowledge.
At the very least for the Wave Component that is currently unfolding.
Yes, I am talking about just one wave.
If you do not remember, I have mentioned time and time again that markets only produce two patterns.
5-Wave Moves and Zig-Zags which I call wave components.
Each correction contains a combination of these wave components in a very specific order which I call AriasWave.
When you are trading within a Zig-Zag that is very large and expanded then you have a wave similar to the great depression Wave A.
Bitcoin is currently producing a great depression Wave A Zig-Zag pattern. We all know what happened after that.
In fact, I will link a video down below that explains what happened in the Dow Jones from the Great Depression crash until now, down below.
If you want to know the very fine and complex details of how entire corrections are formed, I got your back.
Check out my profile for my contact details.
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 - Target 10K - Ignore the Clowns...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 before because we have targets along the way to the bottom.
For now, we are trading Wave (C) of a Wave B zig-zag and our Target is 10K.
Hopefully you shorted when I posted the update.
More updates on the way 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.***
BTC Detailed Top-Down Analysis - Day 135Hello 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 Bitcoin Analysis - Commentary, Insight & Knowledge...In this video we go over the current pattern in this short trade we have been in since the highs.
I talk about everything that we should be taking into consideration right now and if your not then you should.
We are seeing the last and final move down in this correction and it pays to understand what you are seeing here.
My goal is to help you understand the type of thinking that goes into planning for what is ahead.
The chart has all the clues we need on it, it's up to us to use them to our advantage.
I cannot stress enough how important it is to learn the waves in their truest form.
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.***
easyMarkets Bitcoin Daily - Quick Technical OverviewDisclaimer:
easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
AW Bitcoin Analysis - My Thoughts on the Current Waves...Still expecting prices to go lower and here I provide some commentary on the waves since we started this move down.
Understanding what you are trading is important as it helps you understand if anything does not appear to be going the way it should.
So far, every wave here seems to be correctly identified except what comes next could be ending the first wave down or it may just extend lower.
If it is truly the start of Wave 3 then I don't expect prices to fluff around these levels for too long.
There are certain things that we can know for sure however in this case it evident that we still need to move lower even to complete that first move.
How do I know? There are only two patterns that a market produces; 5-Wave Moves and Zig-Zags. I call these wave components.
Each wave component has 3 variances and the combination of these patterns create what I call AriasWave.
If you don't know how to draw out every single wave that occurs in either of these wave components, then you need to learn.
There is a bit more to it however another thing to consider is how corrections expand.
Check out all previous related Bitcoin 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.***
BTC Detailed Top-Down Analysis - Day 130Hello TradingView Family / Fellow Traders. This is Richard Nasr, as 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 Bitcoin Analysis - Now, Let's Look a Bit Closer...This video follows on from my latest bigger picture view video on Bitcoin (Linked Below).
Here we start to get a clearer picture for the current pattern with a potential shorting opportunity.
It's usually when the larger picture becomes more apparent that these types of short ideas come up.
This particular area provides a good risk reward.
I will post more 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 - Will The Real Bitcoin Pattern Please Stand Up...As I continue to delve deeper into each and every chart that is of importance to my followers...
Thanks to the increasing number of followers, I have decided to up my game in order to bring you the best interpretation of Bitcoin in existence.
I always think about what the real pattern is and what it means for the future.
Every step of the way it becomes clearer and clearer that what we are seeing is the beginning of biggest moves in history from this space.
AriasWave wants to be there every step of the way as we head into this new future using the best methodology every created.
Some extras not mentioned in the video:
-Green Wave 1 is a Weak 5-Wave move which means that it cannot be Wave 5 in this type of structure.
-Wave (C) within Wave D of Blue Wave 2 is weaker than Wave (A) therefore cannot be considered some sort of Wave 3.
-All things considered; this particular view indicates that Alt-Coins (That survive) will easily make insane gains along with Bitcoin.
-This also leads me wonder about what kind of interesting things are yet to come during the rest of this bear market.
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.***