AW Bitcoin Analysis - Another Pull Back? Watch for this...
In this video I talk about the small degree pattern and Bitcoins tendency to pull back deep at the highs.
I believe it is wise to pay attention to the price action and identify trading opportunities no matter the timeframe.
Here we can see a Wave with a bit of weakness after a 5-Wave Move.
It might be nothing, but the bullishness may temporarily exert upward force on the market to psych people out once more.
I wouldn't put it past this Crypto as we have seen it time and time again.
In saying that, we also have a line in the sand to prove the idea wrong.
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 believe it is wise to pay attention to the price action and identify trading opportunities no matter the timeframe.
Here we can see a Wave with a bit of weakness after a 5-Wave Move.
It might be nothing, but the bullishness may temporarily exert upward force on the market to psych people out once more.
I wouldn't put it past this Crypto as we have seen it time and time again.
In saying that, we also have a line in the sand to prove the idea wrong.
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.***
