Volatility has dropped in the last five days, which is not conducive to swing trading. Buyers and sellers have already mixed in time and assume who will dominate at what moment now, practically, That's impossible. Despite the fact that the last two days there has been an increase in, activity of buyers, judging by the trading volume, below the average. So far, there is no smell of institutional purchases in the long term. Because of this, the cycles of fear and greed are getting shorter., therefore, we can assume that after two days of growth there will be profit taking, you can try to joke carefully. But this is optional, as institutional purchases can begin at ANY MOMENT and, together with the coverage of shorts, can develop into a five-day or more rally. Although, by visual statistics, rapid growth after low correction, right off the bat, does not happen or is extremely rare.
It's clearly too early for long-term residents to buy. We must wait for rising days with above average volume, what will be evidence of institutional purchases.
