BTC Short-Term Reversal Pattern Forming

The BTC bulls have successfully defended an ascending broadening wedge pattern on the daily time frame with a hammer-type candle pattern to close out the previous session. If the bulls can maintain 4-hourly uptrends by holding EMA support, then the next likely test-targets are $3,890 and $3,940.

Further, the Stochastic RSI is prepping for a bullish cross.