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...
Thank you for your continued support :)
Strategy: Moving Averages Formation
Bias: Bullish. Breakout from long term resistance of 18.84 and the shaded box consolidation range, followed by correction with the lower shadow touching 50% key level and closing up exactly at the mentioned 18.84 level.
Stop-loss: 18.54, the open price of the breakout candle; or 18.46,...
