AriasWave

AW Bitcoin Analysis - Current Wave 2 Price Action Explained...

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Been looking over these waves and have formulated a few different views.

Here I start to use some logical approaches to determine what is going on.

I believe price is too low for this to be any meaningful bottom.

I've been getting used to seeing patterns unfold in a particular way.

I am currently not yet seeing any evidence of this yet.

For now going to keep an open mind on what we are trading here considering we have seen some large Wave D's around.


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.***


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