Bullish Candlesticks have a lot of overlaps.
Compare 4000$ increase in 4 days to 9500$ in less than 2 days!
I think traders generally believe that markets will collapse, so they are not sure about buying!
A sell stop is suggested by me here!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.