this strategy with all its definitions and any other trading strategy that you can find out there are all defined for a market that has little to no manipulation in it. markets such as stocks market, gold market,... which even though have manipulation but the power of it is minimal.
but when a market (like the altcoin market) is dominated by manipulation and is completely unpredictable no strategy could work in it no matter the type of it.
True

Thats what scares me. In those situations only experience helps...or, like the member above posted, AI

I do believe AI algorithms will help us, at least, not to have tension or market manipulation