Those are the greatest questions of all.
Let's account for the btc example:
https://i.ibb.co/qyC979t/btcstopdump.png
it pumped to 19k. Ok. When to sell?
Then it dumped. How to know where to buy back in? In the link there's the chart showing where it dumped to.
My idea is that in a flash sell off (after a shor-term FOMO) the price dumps to the nearest buy-accumulation zone, which is the price in which the most of the ''early'' buyers in the first palce before the pump (so they will hold the lines).
These are my questions
Let's account for the btc example:
https://i.ibb.co/qyC979t/btcstopdump.png
it pumped to 19k. Ok. When to sell?
Then it dumped. How to know where to buy back in? In the link there's the chart showing where it dumped to.
My idea is that in a flash sell off (after a shor-term FOMO) the price dumps to the nearest buy-accumulation zone, which is the price in which the most of the ''early'' buyers in the first palce before the pump (so they will hold the lines).
These are my questions
- Is this theory correct?
- How to identify those buy-accumulation zones?
- How to know ''when to sell' ?