James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

The Elliott Wave principle was first developed by an accountant, Ralph Nelson Elliott, to describe, and ideally predict, market cycles. Utilizing technical analysis and group psychology, it identifies ...

Bitcoin's (BTC) resurgence this year has convinced many analysts the crypto bear market has ended and the path of least resistance is to the higher side. QCP Capital suggests otherwise. According to ...

Elliott Wave Theory predicts prices in all sorts of markets, allowing investors to adjust their trading strategies based on historical trends. What is Elliott Wave Theory? Elliott Wave Theory is a ...

Whenever I'm scanning through charts for potential trading ideas, the most important thing for me is identifying a clear, recognizable wave structure. If the structure is clear, you can spot a ...

Elliott Wave patterns suggest a completed wave (iii) and corrective wave (iv). Fibonacci levels indicate strong resistance near $0.42-$0.43. RSI is neutral on both time frames, hinting at indecision.

The Master Sentiment Index gave strong bull market buy signals last July and October, but the situation still seems incomplete. Bear markets normally have two down waves separated by a bear market ...