What is the “Exit the market” pattern?

Now, all traders are wary of buying at the peak and losing their money forever, which makes sense given the altcoin market plummeted by 50% — 90% in April and August!

In this post, I want to explain the “Exit the Market Pattern” which you MUST take seriously. Don’t ignore it, and definitely exit the market when you see it on the charts.

1. The Rally Phase

Your coin will experience a rally lasting between 1 to 2 weeks with minor corrections. It can achieve gains of 5x to 12x.

2. The Plummet Phase

After this rally, the coin will reverse direction with the same speed. IT WILL PLUMMET! This won’t be a minor or major correction; it will be a 180° trend change. All greedy traders and investors, in both spot and futures, will lose all their money!

How to Avoid This Situation?

- Don’t Buy Green Candles: Focus on buying at low bottoms. Avoid buying any green candles during your trading journey.

- Avoid FOMO Trading: Remember, you can make it anytime, so don’t let the fear of missing out drive your decisions.

Stay smart and trade wisely! 🌟

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What is the “Exit the market” pattern? was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.