we are still compressed and moving upward
unless below trendline, I wouldn't say it's bearish
not sure whether to qualify the small pumps as scam wicks or not but I believe the tests of resistance are liquidating the sell orders. If consolidation continues upward or close to the 130 ma it's just eventual that we'll have the pump without adequate sell orders to suppress price
a swing low of 7250 is possible the 1hr is always a good short position.
still I wouldn't step out of my long just to grab a short scalp. Trade at your own risk.
unless below trendline, I wouldn't say it's bearish
not sure whether to qualify the small pumps as scam wicks or not but I believe the tests of resistance are liquidating the sell orders. If consolidation continues upward or close to the 130 ma it's just eventual that we'll have the pump without adequate sell orders to suppress price
a swing low of 7250 is possible the 1hr is always a good short position.
still I wouldn't step out of my long just to grab a short scalp. Trade at your own risk.
It helps me out a ton, and you can get updated more frequently on my trades by joining my discord group. discord.gg/eQpRwf6