We have not been able to break the red RSI divergence (bearish div). We could retest the RSI cyan line around RSI 52 ~ 9550 area and decide on the wedge.
With actual momentum it would not be strange if it broke upwards to retest fibo golden area (in green) and even touch the linear white line coming from the triangle top from 20,000 to 14,000.
It could find...
Very similar to 2018 breakdown in volume, price, standard deviation and probability gauss ranges.
Checking out similarity (autosimilarity) studies with R I have found that VWMA and RSI correlate better than price.