In 2019, Waves was a coin that behaved very differently from the rest of the market, which should be taken into consideration when planning your trading tactics with this particular cryptocurrency. Whereas the entire market had been engaged in a minor bullish trend that took place last year from May until mid-August, WAVES had actually been consolidating after its own bull run, which began much earlier, in November 2018, and driven the price from the bottom of $1.08 to the yearly high of $3.62 in less than a month.
WAVES all-time chart
But when in 2019 the market went into a correction phase, Waves decided to follow its suit, which led to it sliding down from $2,68 all the way to $0.54 in six months. The downtrend was interrupted in mid-December when the coin had bottomed out at $0.53 and initiated a bullish rally. The presumably first phase of the rally ended with WAVES increasing in value by 50% and reaching $1.06, after which the price formed a triple top pattern and plunged to $0.81 and entered a correction mode.