Last two days volume is higher than before.
Nonetheless, price is stuck below $47.5k with little fluctuations.
Last two candles have small bodies are longer tails. In a technical point of view, that’s bearish sign in the short term.
Maybe a correction is coming.
It is not a good idea to open a short position if you are a novice trader. But it is better to place a long in the supply zone or below it.
Investing is a probability game.
Try for consistency, there is no perfection in that. Not financial advice. Always do your own research.
Nonetheless, price is stuck below $47.5k with little fluctuations.
Last two candles have small bodies are longer tails. In a technical point of view, that’s bearish sign in the short term.
Maybe a correction is coming.
It is not a good idea to open a short position if you are a novice trader. But it is better to place a long in the supply zone or below it.
Investing is a probability game.
Try for consistency, there is no perfection in that. Not financial advice. Always do your own research.
Comment:
Update just below:
