I am Gureenteee Every Traders always made this mistake ⚠️
How to trade On those coin which massively Fall in 1 candles or rugged 📉
Here are example of
🔹$WCT
🔹$OM (from 6$ to to 0.5$ and then 0.5$ to 0.25$
🔹They fall 50% in one day And when people Buy it They even doesn't raised 10% Why ❓
🔹YOU also Earn On downfalls 📉 but you need little directional strategy Everything is possible
🔹When Coinfalls in 50% This is due to Upwards trend 📈🚀 remains for months or weeks and when Reversal start 1st candle would be -40% Remember it is start of downward trend 📉📉
🔹Due to hich coin will not go up And in these conditions You have to do wait avoid long 📈🚀 position
🔹You can open short position with perfect entry when support break or coin moving toward support
How to do spot Trade in these conditions
here best thing Is wait unti coin reaches to at that level from where coin start upward trend📈 due to which this coin fall and downward trend start
We often see reversal from that zone
Also Geopolitics conditions matter Too much for spot trading but not too much
The coin which I am buying in Junks right now is $PYTH