Using fractals and the data from our last major PUMP last week (thanks China!) BTC had about a 5% dump and has stabilized between $8600-$8800. The 4-Hourly RSI and Stoch are flipping to bullish and could be anytime until a SHORT pump happens! Pattern has broken but needs a stronger confirmation.
After BTC dumps there is usually a stronger bounce back up to the major support lines. In this case, 0.236 Fib @ $9100 appears to be the most likely case.
LONG - I think there is a high probability to make a quick profitable trade IMO :)
What do you all think?