2nd chance for long entry?

21 mar

Morning folks,

Despite how great Monday's setup was looking, BTC was not able to compete it. H&S has failed and BTC dropped almost to ~60K area.

Still, the same context is still valid - BTC at daily oversold. But this time it is also at strong K-support area. Thus, our attempt for to take the long position continues. This time, pattern looks better, and hopefully it will be more successful. 63.5-64.5K is an area to watch for...