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2023-08-21 02:08:29

npub1nf…krygd on Nostr: #BTC /USDT D The Elliott Wave principle is a theory of market analysis that suggests ...

#BTC /USDT D

The Elliott Wave principle is a theory of market analysis that suggests that financial markets move in predictable patterns, reflecting shifts in investor psychology.

It proposes that market trends consist of a series of five upward waves (impulses) and three downward waves (corrections).

These waves are subdivided into smaller patterns, creating a fractal-like structure.

Traders and analysts use this theory to predict potential future price movements.

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