Short Line Candle: The Market's Mini Bear đ»đ
Ever seen a tiny red candle on a chart? đ€§đ That might be a Short Line Candle! đŻïž
This bearish đ» pattern means that the sellers were in control, but they weren't too strong. It's like a little bear cub trying to scare you, but it's not very scary. đ
Real-life Example: $XAI âœ
Just a few hours ago, we saw a Short Line Candle on #XAI . And guess what? XAI's price dropped by almost 10% after that! đ This pattern has appeared 12 times in the past 2 years, and it's been pretty accurate in predicting price drops.
So, keep an eye out for Short Line Candles. They might not be as scary as a big bear, but they could still signal a price drop. đ»ââïž
XAI is currently trading at $0.1767, down 4% today. đąđ #ShortLineCandle #Altcoins
