Looks like BTC is forming a nice H&S pattern.
Taking a long one at trhe break out (at around 8350). Till then watching if the resistance area will hold.
Cant decide if its going to be a bull or a bear.
On one side we've reached the channel-border. Theoretically it should go down.
On the other side, we've already tried twice to break through (see touching point 1 and 2). Theoretically it should break now. Becides that its a bullish market, but people might sell their alts to get some BTC.
Staying curious.
Unfortunately BTC will be heading back to 7.1 before having another try to break the levels. As for now there are (grey circle) just too many obstacles on the way up. We've got a very strong (horizontal grey) and two strong ones (solid green and solid red) resistance levels.
