BTC weakness. A Correction is coming?
Updated
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.
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