Mastering the Wave: Essential Strategies for Thriving in Long Rising and Falling Trends

Do you want to make money in the crypto world? Everyone wants to trade in the crypto world but confused over Kline movement and loses money because of Kline’s unexpected divergence. Some smart people stop trading after losing money and wait for a longer period to recover losses. But they also lose the hope to trade again.

During a trading session, there have been always smaller and larger waves. Most often, if the market falls not far from the previous high, there is no volume. How do you determine to pick the bottom? There is still room available to fall more and more; why are you trapped in a situation where you need additional months to recover?

ABC waves

The market always moves in waves; after a fall, there is an increase, and after the top, the bottom is waiting. In reality, after an upward trend, no one denies the obvious retracement is far away. There is no fixed position. If you want to enter the trading world, memorizing the ABC formula helps to do trading.

For example, in an uptrend, if the market goes above, it always reaches the point from A to B. A denotes the high point, and B refers to the lower point. When more people enter the market, the price again moves forward and reaches point C, which is the higher point compared to point A. Similarly, in the falling market, the same situation happens; the trajectory follows the same path from A, B, and C.

How we are confident

Normally, if you ask expert traders about the ABC path to traders, they often reject this idea and advise people the market never obeys any rule. However, they are true in some sense, but when a large wave of gains or losses is executed, the ABC rule is always followed.

So, how can one person identify a big fall and rise? If you change the time frame of Bitcoin like 5, minutes, 15 minutes, 1 hour, or 4 hours you can find the number of occurrences of this path. From a trader’s point of view, if the market reaches the bottom and there is no rebound, then you should wait for a rebound, and if the market reaches the top but does not fall, then wait again.

In summary, during the large waves, the ABC rule is always followed, and it will give an idea to make a decent income from the fluctuations. Thanks for reading this article.