The candlestick close matters more than the wick: a steady close shows the strength is real.
Here’s an example right in front of us: $GRASS plunged 8.25% in 1 hour to 0.6703. There’s no shame in setting a stop-loss; holding on until you get liquidated is the real loss.
Here’s an example right in front of us: $GRASS plunged 8.25% in 1 hour to 0.6703. There’s no shame in setting a stop-loss; holding on until you get liquidated is the real loss.