I dont see any reason to be super bearish here. Yes we have sell signals from 4h-9h.
Short scalps are safe but I am still holding ontop my swing longs from 98/99 until we get to atleast 11.2-11.4 zone. The black area that is highlighted has not been tested yet. Usually BTC likes to retest areas that it previously break down from before breaking into a new range.
Conclusion. I am scalping shorts but looking to fill more longs on the way do wn. I think 10.7s will provide a generous bounce back up.
Follow me for updates on bitcoins move. I will be releasing youtube content shortly explaining how I scalp with the indicators!
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