I believe BTC -0.15% will form a pennant at this level between $7500 and $8300. Falling below purple line is a bad sign.
LEGEND
YELLOW: Uncertain scenarios are painted with yellow lines Possible critical areas are in yellow boxes.
GREEN: Bulls taking over the market and taking the price upward.
BROWN/ORANGE: 1) Possible corrections if pump happen OR 2) Possible support formation in a sideways movement.
RED: Possible corrections, but bulls are losing power.
MACD 2H seems like it is about to cross. MACD 1H already crossed and is heading downwards. Given this information, I think BTC -0.15% is going to go downwards a bit before any more pumps.
Maybe another pump would happen, but I think the maximum it would hit would be $8600 before going back to at least $8000 - So I'm not losing that train right now, in my opinion.