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Class 1: The Philosophy of Price Action
Where the Chart Meets the Psychology of the Masses
1. What is Price Action, in fact?
The translated term means "Price Action". In the crypto market, where the speed of information is insane, Price Action is the analysis of price movement over time. It is based on the premise that price is the fastest indicator that exists.
While a mathematical indicator (like the RSI or Moving Averages) needs past data to calculate a line, the candle that is forming now is showing you the real-time balance between buyers and sellers.
1. What is Price Action, in fact?
The translated term means "Price Action". In the crypto market, where the speed of information is insane, Price Action is the analysis of price movement over time. It is based on the premise that price is the fastest indicator that exists.
While a mathematical indicator (like the RSI or Moving Averages) needs past data to calculate a line, the candle that is forming now is showing you the real-time balance between buyers and sellers.
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