🔔 Bitcoin Correction Update #2 🔔
📊 The daily candle just closed "exactly" at EMA(7), that's gives no clear signal yet, and the direction is still indecisive.
⚖️ What This Means:
- The bulls are holding the line, but the battle isn't over 🐂🐻
- The market remains neutral, awaiting a clearer breakout or rejection 🚦
- The next daily candle close will be critical in confirming direction 📈📉
⏳ What’s Next?
- A push above EMA(7) could revive bullish momentum 🚀
- A close below EMA(7) could confirm further correction 📉
- Watch volume and price action carefully, best case scenario for bulls is for Bitcoin to keep moving sideways. this will give altcoins a great opportunity to breath.
⚠️ The Risk:
- Entering both short and long trades at this point is dangerous, set strict stoploss or stick with spot.
- Remember, trading has no time limit, if you're not confident, you can just wait for an opportunity to show up.
💡 Stay alert, let the market reveal itself, and adjust accordingly! 🔥📊