How to avoid buying Momentum right now: just yesterday the coin was $6, and today it's $0.70?
When the coin drops from six dollars to seventy cents, the hand instinctively reaches to press the "buy" button. It seems that the market has simply offered a discount of nearly nine times, meaning the risk is already minimal. On the chart, such a candle looks like a failure that will definitely be "plugged" by new demand. But behind this picture lies a completely different reality: we see not a guaranteed sale at a good price, but the result of an aggressive sell-off, where strong players have just rid themselves of a large volume, while retail is offered to catch the falling knife.