Website - http://www.ThinkingCrypto.com/ Follow on Facebook - https://www.facebook.com/thinkingcrypto/ Follow on Twitter - https://twitter.com/ThinkingCrypto1 Follow on Steemit - https://steemit.com/@thinkingcrypto We’re currently seeing a pullback in the crypto market which is nothing new. Currently, no negative news, in fact we have been getting a lot of positive news lately. Enter the Elliott Wave Theory Elliott Wave Theory is a method of market analysis that is based on the idea that the market forms the same types of patterns on a smaller timeframe (lesser degree) that it does on a longer timeframe (higher degree) and that these patterns provide clues as to what might happen next in the market. According to the theory, it does not depend on what timeframe you are analyzing; market movements follow the same types of patterns. The theory was developed by R.N. Elliott in the 1930’s and was popularized by Robert Prechter in the 1970's. It claims that crowd behavior produces patterns and trends we see in markets and the wave pattern as defined by Elliott is the physical manifestation of mass psychology in our world. These patterns not only appear in markets, but anywhere humans make decisions en masse. Examples might include housing prices, fashion trends, or how many people choose to ride the subway each day. Sign up with Coinbase for Free to start investing in Bitcoin and get $10 free Bitcoin when you spend $100! - https://www.coinbase.com/join/59db057bed984302ff3b1275 Easily purchase Altcoins such as Ripple XRP, Cardano and more on the Binance exchange - https://www.binance.com/?ref=21575512 Get the Ledger Nano S to Safely store your Cryptocurrency! : -Buy directly from Ledger - https://www.ledgerwallet.com/r/acd6 -Buy on Amazon - http://amzn.to/2zYgdAv Mine Bitcoin and other Cryptocurrencies Daily with HashFlare! Free to sign up! - https://hashflare.io/r/373CC8F3 Mine Bitcoin and other Cryptocurrencies with Genesis Mining. Use code "he76Rc" and get 3% off every purchase - https://www.genesis-mining.com/a/2126471 Help support the channel! Donations : BTC - 3GPcKwB3UGML4UiYqZM6BYx7Nu5Dj7GKDD ETH - 0x7929e49cabe8d95d31392eaf974f378b508da2f4 LTC - MWMhsyGX7tsTPGS2EtSCAWpy3ywCv25r6B XRP - rDsbeomae4FXwgQTJp9Rs64Qg9vDiTCdBv Destination Tag - 35594196 Disclaimer - Thinking Crypto and Tony Edward are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.