AW Bitcoin Analysis - Not Long Before The Next Move Down...

Just a quick price action update, I have also just posted my view on Ethereum if you haven't already seen it.

So far it's looking like this market is preparing to dump hard given the length of this sideways correction.

XLM is also expected to move lower to move down in a third-of-a-third wave so we could see some action tonight.

After all my recent updates today, I see bearishness across the board this week.

I don't think there are many things that will move up during this period except the US Dollar as it corrects in preparation for Wave 3 down.

Until then we should expect markets to eventually bottom before the next major bull market begins.


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.***