ETHBTC HitBTC coming off H&S pattern, what's next?
Is the correction over? Coming off of the inverted H&S we hit a high of .0858(Head) Looking at the 1H we are having a decline in support. MACD is dropping, Stoch (Black line on indicator is from the daily decline slope)is low but rebounding, and Aroon(strong on the daily) is in decline. The 1D is looking strong but with a flag pattern retrace of .0840 or potenially lower. Depending on BTC next move, now may be the time to buy or closer to .0840. I'll be watching closely. I would expect to test .0850 again(nearly happened I was doing this TA). Stayed tuned for updates.
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