Even if there is a wick above or below for Bitcoin, it will be decisive for the direction from my perspective. For example, if it goes to 109700, I would long because I believe it will go even higher. If it comes around 107, I would short it down to around 94.
The reason for this is that it is making a lower low or a higher high at these levels, which shows the flow of the trend. This has been my observation for a long time. #Bitcoin