Updating with more corroborating evidence. This level shows up untested on the daily AND the weekly.
It also corresponds perfectly with the 4 month uptrend line.
The 5970 level is for bitmex. Level occurs on other exchanges at 6000.
This is the last untested level remaining before new lows.
It also corresponds perfectly with the 4 month uptrend line.
The 5970 level is for bitmex. Level occurs on other exchanges at 6000.
This is the last untested level remaining before new lows.
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Well were positioning to hit 6900s just based off pop at 6040. Whenever we come back this 5970 level it could actually push us to making a new high to 7400 at this point. Which.....would be very bullish.
