Introduction The Elliott Wave Theory is a form of technical analysis that aims to identify price patterns related to changes in investor sentiment and psychology. The theory identifies impulse waves that establish a pattern and corrective waves that oppose the overall trend.
This theory was developed by Ralph Nelson Elliott in the 1930s. He studied 75 years of annual, monthly, weekly, daily, and hourly charts across various indices. The theory gained prominence in 1935 when Elliott made an accu
What Elliott wave theory tells us on the MicroVisionChain chart at 01/02/2024
MicroVisionChain has been working well according to Elliott wave theory since its launch, following Elliott wave theory. It formed a simple impulsive wave 1, followed by a complex wave 2. On October 19, we initiated wave 3, which peaked on November 23. Following that, we experienced corrective wave 4, which, due to its characteristics, does not enter the territory of wave 1 unless in diagonal leading and espanding typ
StarkNet: The Scalability Revolution in Blockchain
StarkNet is a secure scalability technology that brings the benefits of Ethereum to the world. By validating off-chain transactions with advanced mathematics and encryption, StarkNet overcomes Ethereum's scalability limitations. It is a Validity Rollup that offers unlimited scale while maintaining the security and decentralization of Ethereum. Superior UX StarkNet provides efficient and user-friendly experiences by employing Native Account Abstraction. All accounts are smart accounts, with their
Elliott Wave Theory, developed by Ralph Nelson Elliott in the 1930s, is a technical analysis methodology that seeks to identify recurring patterns in price movements in financial markets. One of the distinguishing features of Elliott Wave Theory is the emphasis on impulse waves and corrections, which are fundamental components in trend analysis. Let's delve deeper into regular flat corrections, one of the types of corrections identified in Elliott Wave Theory, and understand how they can be applied in the analysis of financial markets and how corrective wave 2 of this cycle was formed in BTC
Contrary to what we expected, wave 2 ended in a complex way in a regular flat correction and wave 3 began, which is typically the most explosive! In this sense I can say that 20k never again, we could expect a slight correction, the rest is history!!
The key to success as an investor lies in having the courage to take action, the wisdom to make informed decisions, and the patience to allow your investments to grow over time. Always remember: the path to wealth begins with a single step.
Aim for excellence in your investments, following the advice of those who have reached where you aspire to be. Look beyond immediate profit, understand what you're doing, and diversify to protect your wealth and explore long-term growth opportunities.
Over the past year, #artificialintellegence has become a part of our daily lives. We now have applications that greatly simplify our lives, such as content creation, researching specific topics, and website development, among others.
After several years of developing trading strategies based on price action validated by a few indicators, I decided to utilize ChatGPT as an expert in Pinescript and asked it to develop something based on indicators that confirm my position trading strategy.
We will have the biggest bullrun we have ever seen in Bitcoin
Why have the falls ended this year?
Volatile markets are easily affected by news, whether positive or negative, due to being a relatively recent market with low liquidity. Many, including myself, believed that the early-year surge was just a rally before a new fall. In reality, it was, but my perspective on this has changed, and I will explain why we might have a new annual all-time high (ATH).
After all the fud in the air and sec trying to stop the market the market reacted by falling, howeve
The proper regulation of #crypto is a sign of market maturity, attracting institutional investors and opening new investment opportunities in a rapidly growing sector.
If you're reading this post, be thankful, as you've arrived early to the market that will revolutionize the way people deal with #money .
The #crypto world has emerged as an exciting arena for investors and financial enthusiasts. With its growing popularity and global adoption, many people are seeking ways to take advantage of money-making opportunities in this new ecosystem. Let's explore five ways you can make the most of this constantly evolving market.
Long-Term Investment:
One of the most popular strategies for making money with cryptocurrencies is long-term investment. This approach involves buying promising cryptocurren
#crypto market has always been known for its volatility, with frequent ups and downs. However, during periods of decline, many investors may panic and make hasty decisions, overlooking the potential for unique investment opportunities.
Let´s explore the decline of the crypto market as an opportunity for investors and discuss strategies to make the most of this situation.
Understanding the Market Decline
Before delving into investment strategies, it is crucial to understand the reasons behin
Blockchain technology has revolutionized various sectors in recent years, offering transparency, security, and efficiency in data and transaction management. However, despite its numerous advantages, mass adoption of blockchain still faces significant challenges. This is where artificial intelligence (AI) comes into play, offering immense potential to drive growth and enhance the functionality of blockchain. Today, we will explore how AI can pla
The Role of Artificial Intelligence in the Growth of Blockchain
Blockchain technology has revolutionized several sectors in recent years, offering transparency, security and efficiency in data and transaction management. However, despite its numerous advantages, mass adoption of blockchain still faces significant challenges. This is where artificial intelligence (AI) comes into play, offering immense potential to drive growth and enhance blockchain functionality. Today we will explore how AI can play a key role in the evolution of this disruptive technology.