The first bearish candle is quite long, while the second with a long lower wick the general mood of the.
On the other hand, the traders use these opportunities to be intimidating.
It indicates that the market reached a high, but then the sellers took control and drove the price back down. Explore all of our content. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. These candlesticks shouldn't have long lower wicks, which indicates that continuous buying pressure is driving the price higher. Hardware wallets secure your crypto private key in an environment that is completely isolated from your internet connection.
