Trades always goo opposite to desperate side!! If majority believes prices will go up, opened spot, loongs,... it is obvious that whales and market makers dump on them nd capitulate!! there are no incentives for them to invest when Retailers already looong!!
So, dont be too aggressive buying Spot and loongs. direction is not clear and broad trend is bearish!!
Dont jump blindly when you ee 5% or 10% up!!
If trend is reversal you will clearly know when price sustains above MA25, MA90..
until then its bearish
So, dont be too aggressive buying Spot and loongs. direction is not clear and broad trend is bearish!!
Dont jump blindly when you ee 5% or 10% up!!
If trend is reversal you will clearly know when price sustains above MA25, MA90..
until then its bearish