The difference between profit and loss is just one candle, the decision is neither emotional nor whimsical. In the last four hours, short dead candles appeared, all within one range, so there is no buying power nor selling power as the chart formed fluctuating candles, indicating no clear upward or downward trend while prices oscillate between $90,000, which represents the resistance level, while support is at two levels: $88,500, which is weak support, and at $80,000, which is stronger.
If the candle for the next four hours is bullish and closes above $90500, then the trend is upward and there is a buying opportunity. However, it is better not to be greedy and to be content with a profit, even if small, as the market can be frightening.
And if the candle for the next four hours breaks below $88500, then the correction phase opens up and the price may reach $85000.$BTC
The last candle cycle consists of candles with medium to large bodies downward and short lower wicks, indicating that sellers are dominating the session.
However, considering the short-term RSI criterion within the last four hours, the market is in a neutral to oversold range, which may lead to a corrective opportunity but short-term or sometimes momentary.
