BTC is about to test the neckline of the larger H&S pattern. There are signals of bullish divergence in the MACD. Charters have been declaring retesting the 6k range, then 7k range. Now in the end, will there be any retesting!? I feel the H&S neckline will be important, the apprehension of which can be done in the next few hours!
Comment:
The trend of the H&S pattern was not convincingly passed. The volume is low and it seems that BTC might be rather boring for a while.. It might bounce around 8000 and then keep triangulating towards the 8500 area.