This is a brief summary of Dow's theory! I advise you to keep studying and informing! 📉

The Dow Theory is the cornerstone of technical analysis and is based on these key principles:

✅ The market discounts everything: Prices already reflect all available information.

✅ Trends are divided into three phases: Accumulation, public participation, and distribution.

✅ The market moves in trends: Primary (long-term), secondary (medium-term), and minor (short-term).

✅ The trend remains in effect until a clear reversal signal occurs.

✅ Volume must confirm the trend: Strong movements with high volume are more reliable.

✅ Indices must confirm each other: If BTC rises, but ETH does not, the bullish signal may be weak.

🔥 Practical application:

Buy during accumulation, hold during public participation, and sell during distribution.

Use supports, resistances, and volume to confirm trends.

Do not trade against the main trend.

📊 If you master the Dow Theory, you will improve your analysis and decisions in the markets.