59-59.5K for long entry

15 Jul

Morning everybody,

As we've said last time - until BTC under 60K it keeps bearish context. So, the first step on a way to bullish turn is done. Market ha broken it up. Next decisive area is 65-66K resistance. If BTC will break it - it will be on a way to the new top and challenging of 74 ATH.

Now we follow to reverse H&S pattern on 4H chart and watching for 59-59.5K support area for potential long entry.