#q : The pump and wick happened all in one go, and the price ended up right back where it started.
It could still move lower from here. There are two possible scenarios:
First, it keeps falling, then starts pumping again in the early hours, just like yesterday.
Second, it enters a slow, steady decline without bouncing back, falling little by little.
If there’s no pump in the early hours, or no pump within three days, we can conclude that it’s in a slow decline.
It could still move lower from here. There are two possible scenarios:
First, it keeps falling, then starts pumping again in the early hours, just like yesterday.
Second, it enters a slow, steady decline without bouncing back, falling little by little.
If there’s no pump in the early hours, or no pump within three days, we can conclude that it’s in a slow decline.
