There are thousands of people studying waves, but because the content is boring and difficult to understand, if they lack the corresponding knowledge accumulation and comprehension ability.
Without sufficient market experience, it is difficult to grasp its essence.
Based on years of study and review of the Chaos Theory, in the spirit of exploration, a comprehensive and systematic study of the application of waves in the Bitcoin market was conducted.
Verification and investigation.
We strive to avoid some complex and difficult to understand abstract trends and use simple and easy-to-understand language, graphics, and videos to provide an in-depth interpretation of how waves can be more effectively applied to the Bitcoin market.
For traders who are effective in technical analysis, the Wave Theory is undoubtedly a required course. In the 1920s and 1930s, Dow Theory, Gann Theory and Wave Theory were born one after another. So far, the various extensions of technical analysis have not been able to break away from the scope of these major theories.
Anyone who has trading experience knows that no matter what kind of technical analysis theory is used, it can only follow the market rather than predict the market. I think burning incense and praying to Buddha is more effective than technical analysis. If the market can be perfectly predicted, then you can imagine how many billionaires can be born. But the facts are indeed cruel and ruthless.
To be objective and fair, every theory has its limitations. It is obviously unwise to unilaterally emphasize the limitations and ignore its advantages.
Elliott once said that the Wave Principle is more of a supplement to the Dow Theory.
Different paths lead to the same conclusion. No matter what theory you use, you can only follow the market instead of predicting it. We take the essence and discard the dross.
Achieve stable profitability.
