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AW Bitcoin Analysis - Wave 2 Still in Progress...We are not yet ready to drop yet, if it was going to happen it would have happened already. I'm not trying to be right all the time I am just following the waves and reporting my findings. If you want to remain short from the highs that's fine, this is geared towards understanding and tracking the waves. It's also about maximizing risk reward and establishing a new entry point for the short trade for those that are not already short. Please use this as a guide and to help you with your own analysis. In this video I also explain the thinking process behind my claims and adjust the count to suit what is happening. 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.***
by AriasWave
AW Bitcoin Analysis - Short Trade Opportunity...22,833 remains as critical resistance. Bit of an interesting correction for this Wave ii correction however I believe it is now over. Waves A and B were expanded hence the difficulty determining the patterns. Once we break 21,533 or the start of Wave E then stops can be moved down to 22,833. Target: TBA. 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.***
Short
by AriasWave
BITCOIN BLX 1 Month Now, the Monthly chart is nothing to F with! Take a look at the RSI with it at the bottom by the blue line, every time it was down there the next move up was a Bull run. The Stochastic RSi is already curling up with the mouth opening about to gasp some air as it heads to the up side. Can we see continuation? KKEP AN EYE ON THIS! A lot point to a Run to the upside is near, don't sleep on this. CPI numbers tomorrow morning will cause Volatility, be ready. 8:30 am ET/ 5:30AM PT <--- Good Luck Out There!
BNC:BLX
by BuddaCo_LifeStyle
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.***
Short
by AriasWave
3
AW Bitcoin Analysis - Not Long Before The Next Move Down...Just a quick price action update, I have also just posted my view on Ethereum if you haven't already seen it. So far it's looking like this market is preparing to dump hard given the length of this sideways correction. XLM is also expected to move lower to move down in a third-of-a-third wave so we could see some action tonight. After all my recent updates today, I see bearishness across the board this week. I don't think there are many things that will move up during this period except the US Dollar as it corrects in preparation for Wave 3 down. Until then we should expect markets to eventually bottom before the next major bull market begins. 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.***
Short
by AriasWave
2
I am sorry if you don't want to understand BitcoinOn the monthly chart, bitcoin is now moving around the price level of the 0.382 Fibonacci retracement drawn from the 2018 bottom to the all-time high in 2021. Twice before, this level was exactly the bottom for bitcoin; quite soon after—usually within 3 months—it prompted bitcoin to resume its bull run. Tom DeMark Sequential shows a 9 each time at the monthly bottom. The September monthly candle close also very nicely notes another 9. My expectation is that around January 2023, we can expect another spectacle in terms of a sharp price rise. Historically, it is another unique buying opportunity; don't miss it. Keep stacking those scarce sats!
BNC:BLXLong
by joerivdpol
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.***
Short
by AriasWave
AW Bitcoin Analysis - Head & Shoulders Technical Pattern...The Head and Shoulders is a technical pattern in which either side of the top has price action in Wave 4 on the left and Wave 2 on the right. Of course, there is a neckline because people like to observe these areas so therefore, they are meaningful. Speaking to this current move back up to retest the break of the neckline, it also serves to work off oversold conditions at the small degree. Given the nature of the expected move down by proxy, neither bull nor bear is right until we see lower prices to confirm what we are seeing. Please check out all my previous ideas linked below if you would like to know more about my bearish view. 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.***
Short
by AriasWave
AW Bitcoin Analysis - The Drop Has Begun, Let's Observe...In this video I go over the trade and reaffirm the bearish stance. We do not play around with Elliott Wave here and that is because we actually want to make profits. Decisions to short against such a large move takes knowledge and conviction. If you don't know what you are trading just be careful. I will keep you updated. Check out all related Bitcoin ideas 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.***
Short
by AriasWave
AW Bitcoin Analysis - Look Out Below, it's a Drop Bear...Just a bit of a follow up chart with my suggested count for the beginning of this move down. It is just the beginning of the first wave, so I expect to see prices fall from current levels. We need to see a fairly decent drop in order to confirm the bearish thesis. Many may be expecting this move to continue higher therefore it may be a little choppy to begin with. As people see their fib levels taken out one by one, we should anticipate the move down to accelerate as it moves lower. See all related ideas for the expected move down 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.***
Short
by AriasWave
2
AW Bitcoin Analysis - Complete 5-Wave Move in All It's Glory...Wave E in this case is the ultimate fake out wave given its size relative to the previous corrective patterns. Being so close to the start of Wave 1 makes this correction fairly deep. Even after you get a 5-Wave move you need to see a correction before it moves even higher. However, if it is the wave that comes at the end of a correction then the opposite is true. It's all about perspective, after all the markets ever make 2 patterns; 5-Wave Moves and Zig-Zags. It's the combination of these patterns and all their variances which make up the AriasWave set of corrective wave components. Fractally speaking they are happening at all degrees of trend all the time. Sometimes the pattern is so big that you cannot even see what it is a part of. Waves are an amazing part of nature and a joy to observe. 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.***
Short
by AriasWave
AW Bitcoin Analysis - Short Trade Opportunity Chart...This short trade idea is based on the short trade video linked below. Here there are a few different scenarios we could be looking at. It is my believe that the recent move up in Bitcoin is purely corrective. I expect Wave 3 down for Wave E to begin moving down shortly. I have 3 different targets. The first is minimum expectation of making a new low at $15,500. The second is a 2.618 extension of Wave 1 down at $13,451. The third is a 1.618 extension of price action from the start of Wave 1 to the end of Wave D of Wave 2. If someone says that Bitcoin is going higher then you need to question the basis for the claims. The same can be said for why would it move lower. Hopefully my videos today have given you an understanding of why I see this happening. At the end of the day, I will be looking for a complete 5-Wave move down before calling a low. Given that this is the final move in the entire correction, I expect it to go off with a bang! 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.***
Short
by AriasWave
AW Bitcoin Analysis - Short Trade Opportunity...In this video we are trading Wave E down and it appears as though Wave 2 has completed. If prices rise above $25,000 then obvious that would invalidate this idea. Once again are calling upon some good wave knowledge to assist us in understanding the whole pattern. It also makes sense that Bitcoin still has lower to fall considering that XLM and XRP are still with their respective corrective patterns. Minimum target is $15,500 with a risk reward of 3. Today I have posted 3 videos of Bitcoin ranging from the largest possible view right down to this short trade. It goes to show how AriasWave, when used properly can help gain perspective over each and every move. I have linked all the recent related ideas 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.***
Short
by AriasWave
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.***
by AriasWave
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.***
BNC:BLX
by AriasWave
Long Term BTC - Projection of last 2 cycles to current cycleAnalysis of 2 previous cycles to project the next cycle This is the result of making an average of previous durations and some pricepoints Bearmarket durations: A/ Days under ATH 2014 = 1134 d / 2018 = 1085d ==> 2022 = (1134d + 1085d) / 2 = 1110 days B/ Days under 0.618 Fibonacci 2014 = 1120 d / 2018 = 1043 d ==> 2022 = (1120d + 1043d) / 2 = 1082 days Conclussion = It could take until November 2024 before we see an new ATH Also note that’s there is almost no differance between days under ATH and days under 0.618 Fib So there is a great possibility that we don’t see price above 45k until we’re going for an new ATH Bullmarket durations: A/ Days above previous ATH until new ATH 2014 = 343d / 2018 = 350d ==> 2022 = (336d + 357d) / 2 = 347d B/ Days above Macro bottom before the halving 2014 = 546d / 2018 = 504d ==> 2022 = (546d + 504d) / 2 = 525d Conclussion = if you want pumpy action bull run you are going to need patience until the end of 2024, only after breaking 0.618 and ATH you have about a year to distribute your coins before entering a new bear market Accumulation Range durations: A/ Bearmarket 2014 01/2015 – 10/2015: 294 days of sideways action Price range of 50% ranging between 210 and 315 11/2015 – 04/2015: 203 days of sideways action Price range of 50% ranging between 315 and 480 B/ Bearmarket 2018 11/2018 – 03/2019: 133 days of sideways action Price range of 30% ranging between 3200 and 4200 05/2019 – 02/2020: 280 days of sideways action Price range of 60% ranging between 7000 and 11500 Conclussion = Average days of price ranging between an 50% range = (294d + 203d + 133d + 280d) / 4 = 230 days C/ Bearmarket 2022 This could mean an range until this summer between 16k and 24k for the first range. Then te second range could range between 24k and 36k wich is also 50% FINAL CONCLUSSION: - No ATH and break above 0.618 Fib before the end 2024 - We could have 2 periods of 230 days ranging between an range of 50% Possible Range 1: 16k - 24k / Range 2: 24k - 36k - Market is going to be boring for another year and a half in contrast with the bull pumps that comes when you make an new ath
BNC:BLX
by Delzeyne
Inverted HS Forming on Bitcoin?Just a quick thought here - this would fake out the bulls and the bears for a little while, and would correspond with DXY moving up very soon from the re-test of the channel it broke out of (area around 99-104 LFTs, 101-103 HTFs). Failure or success of the HSi would hinge on DXY movement as well: See related DXY ideas below. Not marking this as long or short, just want to see if the pattern plays out and then fails and moves down or succeeds and moves up to either set of targets on the chart.
BNC:BLX
by dudebruhwhoa
1
Ranging around abyss.Nice Sunday. Today, I developed another view with more data, at daily Index time frame . Bitcoins actually ranging between 2 Fib rings, very important for next trend decision. I am mentioning this territories about month and maybe result is very near. RSI and MACD are in conflict, while altcoins start follow BTC upside move. This usually happened at the end of waves, as we are in from of 4th. We can confirm, RSI is historically overbought, and MACD runs also into symetrical triange resistance, made by All time high. Would this trigger start of 5th wave around February, or this is different from 2008 stock market crash ? Very good question that nobody can answer. So I will monitor what will happen in a next weeks. Always with care and ready, Emvo. *This is not any financial advice.
BNC:BLX
by Emvo10
2
A Booom ahhh, cognitive count Strong B happens when A is three waved because it feels like completion of a zig zag and an end to correction, herding behavior Normally the herd can't identify the A and they buy a long term position and In case of btc a flat can probably have the same effect, cognitively I will not be surprised to see btc at a new low because structure based wave count has that on the table then B, of course for my level of skill however I think we are in the B of a zig zag and B might end higher than ath, flat for flat?!! To know why the first flat is a wrong one check the related idea Patience is virtue of kings If you know a very good book for golden mean and Elliott wave count then introduce me ...
BNC:BLXLong
by UnknownUnicorn10828932
6
We are very close to the bottom.The FTX bankrupcy shocked everybody and with that being written down into history we are quite near or have already had the final capitulation. Here I'd like to make the distinction between hitting the bottom and trend reversal, a trend reversal usually takes time to print a reversal pattern of some sort, it might be an Adam&Eve, or Ascending Triangle, or Rounding Bottom, with the exception of a very hard to catch 'V shaped' reversal. In terms of timing I've put on the Fib Time Zone tool(Love tradingview!) and interestingly we are at 1.618 in which pretty much every previous bottom lands. Please note that as for the time being we still haven't got into any trade, we are monitoring shorter time frames for an entry. (yes we are timing the market and we are good on it) Just sharing this information to you guys and keep your precious money safe for the next bull run, Take care until next time! ###NOT FINANCIAL ADVICE###
BNC:BLXLong
by JoE
5
AW Bitcoin Analysis - The Definitive Conclusion Chart...Please take a moment to imagine such a scenario in which these waves could play out. It might have something to do with US Dollar strength and higher interest rates. On a positive note, we all know what comes after Wave 2. Would you rather use the waves to determine future price action or a lovely hopium chart full of rainbow ribbons and death crosses, I mean moving averages. Of course, this is just a logical way of looking at a chart but logic flies out the window when you have your Lambo lenses on. It may not go that low or it might go lower. No one can really know what the state of the world will be during that time. Asset prices may have declined significantly priced in worthless FIAT. Social unrest, war, famine, pandemics and supply chain failure. We don't really know but we do know that what goes up must come down, even if that means it will go up harder later. Please see all related wave analysis videos 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.
BNC:BLX
by AriasWave