Unfortunately for the impatient the price is currently located between the key zone of demand and supply causing a phenomenon called consolidation.
The price does not go up or down but stands in the place due to the similar amount of buyers and sellers.
In order for the price to acquire some traffic it must reach the demand zone to collect buy orders.
Then after the entry of buyers into the market the price will begin to grow gradually when it reaches the supply zone where the sell orders are already waiting it will fall slightly downwards bouncing again from the support line where the buyers will be waiting.
You can see the rest in the picture. I hope it will help you to understand how to market works.
In the picture above I present my analysis of the chart. I note that this is only my opinion, it is recommended not to suggest it, the picture has been made only for information purposes.
Muy buen análisis
thanks
😎
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