
Posteo

Happpo
A small bullish candle is not a sign of a bottom, it means no one is buying anymore
$BTC recently closed with a small bullish candle.
Long-term holders seeing this might feel a bit relieved.
What does this price level mean:
84100 to 84500 is a resistance layer above.
When the price rebounds here, sell orders outnumber buy orders.
Who is placing orders here:
Buy orders are thin during the downtrend.
Thin enough that a small bullish candle can be drawn.
#DailyOrbit
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