📉 SELLER RETALIATION IS VERY CRUEL! X=Y=0 🚨
Remember the dominance of the Buyer a few minutes ago? Apparently, the Sellers are planning a brutal counterattack!
This 1-minute chart shows how a "Price War" can change direction in the blink of an eye.
⚔️ Drama of Seller Retaliation
False Victory Peak of Buyers: Prices were pushed to a highest point of around $468.50. Buyers celebrated, but they were too overconfident.
Seller Counterattack Begins: After reaching the peak, massive selling pressure came. Each red candle indicates the relentless dominance of Sellers.
MA Law Violated: Pay attention to the Moving Average (MA) indicators:
MA(5) (Yellow) has crossed below MA(20) (Purple) and MA(50) (Pink)! This is a very strong Death Cross (Bearish Cross) signal on the 1-minute timeframe.
Current price ($464.24) has fallen far below all three MAs (MA 5 at 464.58, MA 20 at 465.92, MA 50 at 465.82), indicating that Sellers fully control the market.
Critical Point ($462.95): Sellers have successfully pushed prices down to touch the level of $462.95.
💔 Profits Lost: X=Y=0
If you took a LONG position when prices were high and did not set a Stop Loss, all profits gained while Buyers dominated have now vanished. Prices have returned close to or even below the initial entry level.
Lesson: This is the risk of scalping on 1 minute. The market knows no mercy. Stop Loss discipline is key in this battlefield!
What is your reaction when you see such a brutal reversal? Have you prepared a SHORT position to follow the Seller's momentum?
#Trading #Scalping #Crypto #Bearish #DeathCross #TechnicalAnalysis #MarketCrash #ZECUSDT
