My god, a guys with 600k followers says that liquidations caused by a pump will make a dump.
Brother, do you know how this thing works for sure?
Shorts being liq'd = forced buys = propelling the pump
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I wanted to give you a tip: when, after a significant pump, you see a flash dump caused by liquidations — like the one yesterday — an excellent spot buying opportunity often arises.
The risk is very simple to manage: invalidation only comes with a daily close below the low of the flash dump candle. This way you have a contained risk and a very interesting potential risk/reward ratio.
Don't be put off by the violence of the move: that's often precisely where the best trade comes from. The only challenge is being present and clear-headed when it happens.
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