Reverse push greater than 1/2
During the asset’s declining process, keep watching the price move. If the reversal amplitude is greater than 1/2, it is an indication of a great opportunity to take a long position. But you should also make sure never to intervene before the declining process reaches the status of 1. When it hardly moves beyond 1, it never has the energy to move forward.
Second reverse push
After the 1/2 reversal, if the second decline has not reached the level of the first, like if the asset price has not fallen below the average cost of the first positive push, it indicates that the current reversal has positive energy, and it is most likely that the price should move forward.
Third reverse push
If the second push breaks the first and the push point, it means the market breaks the previous highs.
You can use this strategy in any period or with long and short positions. However, you can use this strategy with any coin, but every crypto coin always follows the Bitcoin path.
In summary, you should first verify that the reversal must be greater than 1. If the prices move forward after the first decline, the prices should cross 1/2. If the prices successfully push forward a second time, then it is the breakout from the first position.
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