AW Bitcoin Analysis - Watch For A Break Of 21,748...This looks like a top with a truncated Wave v.
There is no way it can make another high.
Bitcoin is toast.
Confirmation of toast comes at a break of 21,748.
Stay tuned!
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.***
BLX
AW Bitcoin Analysis - One More High? Don't Mind If I Do...Just another quick update that isn't short in length.
So it appears as though we are heading for one more high.
I give you my thoughts in this video.
Hopefully I can go record my "other" content soon because this silly wave is dragging on for too long.
Just top out already :)
Correction: I meant to say price came back down to previous Wave i & ii area.
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 - Let's Talk About This Correction...In this video I lay out all the details for this entire move.
If you have been watching my videos in the last couple of days you will understand what is going on here.
For those that don't know what a Type-2 Expanded Zig-Zag is then now you do because this is what you just saw.
I explained it yesterday and I will link that video down below.
In essense this move really doesn't have anymore upside.
It's already achieved it's target.
Now, unless this move decides to extend beyond what it normally would then 22,294 is the line in the sand.
If it doesn't go above that level then a break of 21,748 means it's completely done.
No one is more accustomed to trading these type of Zig-Zag patterns then myself because I discovered them over 5 years ago.
That is why I teach AriasWave to those that want to learn.
One more thing, if you are absolutely certain that this move will continue higher then 21,748 can serve as critical support too.
Just make sure you know what you're getting yourself into.
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 - Wave 2 is Ending - Watch For This...We are nearing the end of this deep pullback in anticipation of a third-of-a-third wave down.
You can thank Wave E for that as the very same type of news that helped it drop also helped it recover.
This to me tells me that if you are not having fun trading these moves then what is the point?
Never take these things too serious they are just part of a never-ending process of price discovery.
AriasWave helps you understand exactly how the process works and signals entries and exits.
In this case, the moves were so severe that it still hasn't quite ended yet.
If for some reason you mistake this for a 5-Wave Move or the start of a new bull market, then you will be disappointed by the result.
Below I have linked all the related ideas that led to this massive trade that has paid off handsomely.
I tried my best to get all my followers into it, even after a failed attempt.
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 - Wave 2 Ending Shortly...It turns out the whole move down was Wave 1.
Wave v was extended because of Silvergate.
This is why this correction is so deep.
At small degree price has come to a halt because Wave (C) of Wave 5 is a Weak 5-Wave move.
Watch for a reversal a .618.
I will post an update once it reverses.
Confirmation of a reversal when we break below 21,748.
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 - Quick Price Update...Apologies I just woke up and was trying to get my head around this pattern.
We are expecting a Zig-Zag up from here so if you miss the first leg you can trade the second.
I will be posting updates shortly.
Just remember how I got you into this trade when it looked very weak, this shows you the power of AriasWave.
You cannot afford to miss these moves!
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 Idea - Take 2...The previous count for Wave D was incorrect.
Now it actually looks properly complete.
Price has already been confirmed.
ENTRY: At market price or on a pullback.
STOP: 20,271.
TARGET: 20,958.
Once again, if we break support of 20,271 then Wave 2 is over.
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 - Quick Update on This Move...The Type-2 Expanded Wave D only just completed and was incorrectly identified.
I will now re-attempt the long position for Wave E.
Details are in the idea linked below.
Once again, if we break support of 20,271 then Wave 2 is over.
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 - The Three Rising Soldiers...OK so we are not really trading the candles, but they do look cool though.
This idea is based on the videos linked below in related ideas from earlier.
ENTRY: At Market
STOP: 20,304
TARGET: 20,960
This move should be the last move in the correction, unless we break 20,303 which may incdicate that it is already done.
If we do break below this level, then shorting with a stop above that last high as per my previous videos.
I will be updating throughout.
In essence, Wave E is that last wave in a correction, so it depends how long it is.
I can only give you targets based on probabilities.
If you learn the waves you can make your own assumptions.
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 - 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.***
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.***
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 - Reversal In Progress for Wave 2...This pattern indicates a bottom, and that a reversal is taking place.
In this video I explain the reasoning behind it as we reflect on the last moves and take profit.
In order to continue to make these profits and the next profits after that we need to understand what we are trading.
Here I lay it all out so as to get ready for the next move.
Learn the waves, specfically AriasWave, to learn how to stay in profit moving forward.
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 - Potential Low May Form End of Wave 1...Taking a step back and looking at the pattern it may appear that this is only Wave 1 completing now.
The lack of thrust to the downside is already exhibiting signs that this is a small Wave v forming at the lows.
Although it doesn't appear to have bottomed yet, we could see a retest of 21,434.
Once we touch this area I would anticipate a reaction to the upside.
Another thing to note is the lack of thrust is accompanied by oversold RSI on the hourly as well as the 4 hour time frame.
As previously mentioned in another idea I would expect the overall pattern to start forming a head and shoulders pattern.
I will post a video update about this idea later on, so get ready to take profits when you see a completed 5-Waves down from when we entered the trade.
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 Opportunity...This short trade is based on the previous video idea linked down below.
Here we want to target the lows, or a complete 5-Wave Move: Whichever happens first.
STOP: 22,286
ENTRY: AT MARKET
TARGET: 15,500 (or complete 5-Wave Move)
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 - Alternate Wave 2 Scenario...Before you short anything watch this video as this count potentially signals a spike up in Wave E.
This wave is good at catching people out so I thought I would mention it as it could happen.
When the pattern at the low looks too easy I get suspicious of these sudden pop up moves.
The RSI being oversold the way it is on the 4 Hour hints at a final corrective move.
If I had to adjust my count once again then so be it.
The aim here is to make profits and if I see something worth mentioning I will post about 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.***
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.***
Although Bitcoin goes down GBTC went up What is going on here? GBTC is the GreyScale Bifcoin trust. It exploded up for almost 10% while bitcoin goes sideways to slightly down. What does this mean?
It could mean the correction is either over or Almost over.
Why and how can this happen?
For me this shows that GBTC without a doubt is not bitcoiin and it trades outside the bitcoin market.
Let me know what you think in the comments.
Thanks and be blessed
WeAreSat0shi.
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.***