Note this is a Bitfinex chart unintentional from usual Coinbase. Congrats bulls on the break over the high of the Bitmex spike. We are now in an area without a lot of clear resistance, but we are also looking for a lower high on the weekly to be set in the next week or two. This is a beautiful setup on the weekly. I personally am trading small and cautious and will go back to very aggressive if we break the weekly equilibrium bullish. It will dictate momentum and direction for the rest of the year and we are looking at late September or early October for the break (pending any news events). Bulls are looking to keep 4 hour higher lows and when they are lost we will look for healthy daily consolidation. The weekly equilibrium has us looking for a $7,200 target. While we remained cautious and made sure the shorter term signals were there, having this longer term pattern to visualize and anticipate has been a big help and it has also been a break guide for us to nail previous weekly lower highs in the low-mid $8,000s last time.