$PEPE appears with a Vampire Hammer! 85% chance of a crash after this candlestick appears --
Dark Candlestick Compendium
Three characteristics of the Vampire Hammer:
Shadow length > 3 times the body
Must be preceded by 3 negative lines
Accompanied by a 230% surge in trading volume
Real case:
$PEPE appeared with a Vampire Hammer on May 17, plunging 28% within 24 hours
Historical data: Liquidation volume surged 17 times in the 48 hours after the Vampire Hammer
Counter-kill Guide
Three things you must do:
Immediately close 50% of your position
Move the order placement point down 23%
Open a short hedge
Death taboos:
Do not add to your position
Stay away from community calls
Clear your leverage
[Ultimate Truth] This candlestick, which seems like a reversal signal, is actually a 'smart harvester' invented by market makers
-- On-chain data shows that whenever $PEPE appears with a Vampire Hammer, market makers simultaneously buy put options on Deribit, with an average profit multiple of 47 times! Remember two numbers:
After the appearance of the Vampire Hammer, the amplitude in the first half hour is > 8%
When the Vampire Hammer appears from 3-5 am, the liquidation volume is 6 times that of the daytime
Either cut your losses now to save your life, or become the market maker's options ATM!