Looks like a great set up to me. Risk has been defined. Not its just up to you to figure out the position size with my risk management formula. Again.. Things are a little slow and unpredictable with as low as it is in the crypto market. Retard market makers are out to take your hard earned BTC by prolonging the inevitable and exasterbating existing market conditions so this is where the opportunity may be for me in the coming months if crypto does not pick up soon.
Comment: A massive oversold bounce set to manifest itself in this sector. Bias is still long.