Bitcoin Price action
The last week has seen plenty of sideways action albeit with two huge moves up and down that mirrored each other. More Bitmex fun and games there. What does this week have en-store? Every Monday we host Lisa N Edwards to look at her chart analysis. She is a proponent of Elliot waves
What are Elliott Waves
- Elliott Waves are a method of technical analysis. They look for price patterns related to changes in investor sentiment and psychology.
- The theory identifies waves identified as impulse waves that set up a pattern and corrective waves that oppose the larger trend.
- The sets of waves themselves are nested within a larger set of waves that adhere to the same impulse/corrective pattern, described as a fractal approach to investing.
The purpose of our weekly show is to educate people new to the space on the basics of trading and it goes without saying it is not financial advice and you must do you own research before making any financial decision.
We also select a chart/project each week that Lisa thinks has an interesting chart and is worth following closely.
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