ellewell

BTC Long Entry Updated

Long
ellewell Aggiornato   
BITMEX:XBTUSD.P   Bitcoin
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.
Commento:
Commento:
Commento:
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.
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