its a normal condition in cryptocurrency to pump up till hundrets or thousands percents becasue of high volume or hype.
latest crypto that reach ATH is AXS. so... as a futures traders, most of them hunts the tops to drive down the price, I mean to get the best momentum for short entry.
this is a few tutorial, trial, high risk tutorial for shorting the top.
very high risk, because we couldnt define the resistance area before it reach ATH.
so, to define probability of the latest ATH is to combine many things!
1. use Wyckoff scheme in low timeframe (3m-1h tf) to define the distribution scheme
2. combine with oscilator, define the trend reversal
3. draw important support line.
4. extra dicipline in stoploss!
latest crypto that reach ATH is AXS. so... as a futures traders, most of them hunts the tops to drive down the price, I mean to get the best momentum for short entry.
this is a few tutorial, trial, high risk tutorial for shorting the top.
very high risk, because we couldnt define the resistance area before it reach ATH.
so, to define probability of the latest ATH is to combine many things!
1. use Wyckoff scheme in low timeframe (3m-1h tf) to define the distribution scheme
2. combine with oscilator, define the trend reversal
3. draw important support line.
4. extra dicipline in stoploss!