Morning star reversal pattern on the 1h chart

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I've noticed we had a "morning star" pattern on the 1h chart, combined with a bullish MACD cross. That would mean a bullish retracement of Elliot wave. However the volume is low, the RSI is still small (43 at this moment) and the momentum is small. I doubt it will succeed, still staying away.
Ghi chú
50% Fibonacci became strong resistance. If we go through, there is still 78.6% ($7072) to pass, which acted as pretty strong resistance in the past, then $7216 which has weakened, and $7360 which has become very strong resistance. I really don't expect to climb more, except if we find very strong support of the uptrend all times minima grey line.
Ghi chú
The retracement temptative was rejected even before the strong $7072 line, at the 61.8% Fib level. Faster than expected. A small H&S pattern then completed, which sent us back down to the strong support line at $6653. This line rejected us before, so it can do it again via double bottom pattern; not sure for how long. The market is not decided and the whales might have a strong word to say soon.
Ghi chú
Ok, back now to $6800 while I was writing; these were not whales yet. A bullish flag is forming again on the 2h chart, with target $7000; yet 50% and 61% Fib levels are hard to pass over, so we might fall and bounce a few times again. Too risky to trade in here.
Ghi chú
Whales tried to push up by liquidating short positions above $6900 (see @whalecalls on twitter), but they got rejected. Too much distrust in the air, people not buying high no matter what. Even if bullish MACD cross is trying to form on the 2h chart, I think it won't climb. RSI, volume and momentum are not yet big enough.
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