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AW Bitcoin Analysis - Short Trade Opportunity...
Bitcoin / TetherUS
Short
AW Bitcoin Analysis - Short Trade Opportunity...
By AriasWave
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Feb 7, 2023
9
Feb 7, 2023
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[b/] 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.***
Bitcoin (Cryptocurrency)
BLX
BTCUSD
BTCUSDT
Wave Analysis
AriasWave
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