What are Trends in Crypto?
The Elliott Wave Principle, developed by Ralph Nelson Elliott in the 1930s, posits that markets, including cryptocurrencies, move in predictable patterns, referred to as ‘waves’. According to this principle, an upward trend, or ‘bull market’, is typically made up of five waves (three up, two down), while a downward trend, or ‘bear market’, consists of three waves (two down, one […]