is having a bit of a retrace following a massive pump. The retrace is forming a wedge
reversal pattern and has a bullish divergence
on both the Stoch RSI
oscillators on the 30min time frame and Stoch RSI Bullish Divergence
on the one hour as well. Stoch RSI
are oversold or close to it on short time frames. Finally, the wedge
closes around 7800, which is where btc
found support on numerous occasions in the previous days. I wouldn't bet the farm shorting just yet.