How to find a high win-rate technical pattern?
Taking a long position on $AERGO as an example, what kind of technical pattern will have a high win rate?
In my personal experience, the win rate of a smooth trend technical pattern is relatively high.
What is a smooth trend?
Trends are divided into three categories: smooth trends, converging trends, and oscillating trends. Although there are three types of trends, they are actually different evolutions of a cryptocurrency within a trend; there is no permanent rhythm, only a changing market.
The definition of a trend is quite simple: it is merely the continuous rise of high and low points. The main key points of the three types of trends lie in the distinction of primary and secondary rhythms, such as the proportion of pullback space and the duration of time.
A smooth trend is primarily characterized by a slow pullback relative to the upward rhythm on the left side, where the space typically does not exceed 50%, and the pullback space at this trend level will gradually become smaller until the acceleration divergence at this level.
Taking AERGO as an example, the first wave of rebound is observed; the time and space of the first pullback are just right, and the second wave after the upward movement is a converging trend accelerating. The win rate for participating in the second wave will be very high.
