AriasWave

BITCOIN - Target 200K - Alt-Coins Will have Better % Returns

Long
BITSTAMP:BTCUSD   Bitcoin
This idea is based on the latest video in the AriasWave Bullish Series titled: LITECOIN VS BITCOIN - The Truth Of The Waves Revealed (Linked below in related ideas)

According to this view, Wave (B) ended 1st March, Support is $42,893.

When Wave 2 is nearing completion I will post a long trade idea.

It's not a bad idea to look into some cheap alt-coins, some of them will follow Bitcoin up.

For example: I am expecting a 1000% return in TRXUSD in the same period, you will know this if you have been following the series.

I am sure there are many more out there, if you have some suggestions leave a comment and I will create a video on it.

As long as the chart data goes back to 2017 this should provide enough info.


Wave B in Bitcoin is an Expanded Type-2 Zig-Zag. This is an AriasWave term.

The main reason why this Wave B is so expanded is because Wave D of Wave (B) was expanded.

Within Wave D, Wave B was also expanded. So the whole thing just looks impulsive which is why you hear crazy predictions.

The Bullish series I have been covering not only gives a more realistic view of what is happening within Crypto's but also other markets.

I will also link some of these ideas down below.

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 advisor, I suggest using this only as a guide. Always do your own research.



Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.