This is called feeding the goods without letting anyone feel it from the top..!!
As you can see in the chart, every time the technique turned positive, there were sharp pullbacks, and those peaks were never seen again.
In other words, it did not bring the price down to the bottom levels with long red candles but gradually lowered it by selling goods at every stage from 1.20$ to 0.20$ .
This is called FOMO... Do we have it...? Yes, we have a lot 🙂
What does FOMO mean; It means making panic buys hurriedly with the "fear of missing the train" in a rapidly rising market or stock..
#stockmarket #bist100 #ena #arb #eth #btc