AW Bitcoin Analysis - Part 2 - Small Degree Wave Observations...
Just another quick follow up video correcting the count of the previous video.
I find it slightly amusing how the volatility started picking up not long after the previous video.
It looks like the move down is starting to take place.
We should start to see price fall dramatically very soon.
That first video is linked down below.
Correction: There was a news event and seems to be kicking things off.
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.***
I find it slightly amusing how the volatility started picking up not long after the previous video.
It looks like the move down is starting to take place.
We should start to see price fall dramatically very soon.
That first video is linked down below.
Correction: There was a news event and seems to be kicking things off.
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.***
Comment:
Publishing limit reached. I am staying short from the highs. I think I understand what is going on here. The Whole move down is and expanded Zig Zag still unfolding. I will post something as soon as I can.
Comment:
The move I was observing at small degree ended up being a 5-Wave move which means Wave 4 of this 5-Wave move up since November 2022 had a massively expanded Wave D that ended when this spiked. That move that broke the highs confirmed 2 things. 1: That We are not in Wave E but rather in Wave (B) of an expanding zig-zag down from the all-time highs. 2: That move up which I believe just ended was the end of a Wave C not a Wave E. This is why I am remaining short. I will explain on my next video.
Comment:
Been looking closely at the waves since November 2022 and it appears 2 Waves occurred, the first bounce was a Wave C then a funky looking little wave that is potentially Wave D and this move up was wave E for Wave (B) of a Wave B zig-zag down which means the target from this high if it remains as the last high is $10,000.
