As you know I love these wedge contractions with a resetting stochastic RSI, these usually lead to an upward move, or a flush before an upward move or consolidation. What next:
-Do we explode upward? stochastic RSI and price action contraction point to this
-Do we breakdown, the local demand is very far away and BTC has corrected a bit finally, this points to downside
-Do we have a quick downside flush because of leverage and then consolidate within the pre-existing range? This has happened many times on charts like this, especially cosmos tokens like sei
-Do we explode upward? stochastic RSI and price action contraction point to this
-Do we breakdown, the local demand is very far away and BTC has corrected a bit finally, this points to downside
-Do we have a quick downside flush because of leverage and then consolidate within the pre-existing range? This has happened many times on charts like this, especially cosmos tokens like sei