A "dead cat bounce" is a rise in the share price of a worthless stock, and it is caused by profit taking by bears. It is not a part of the trading in an asset with value.
Yap, I know, It is SO-CALLED. I know that is not a deadcat bounce. but, for beginners, It can be seen as like that.
Exactly, this trade method is like 'Method with Moving Average' + Pumping