BTC Range EQ: 53000 pivotal level

Both Range EQ and the Monthly Open are around 53000. This is a pivotal level. Two scenarios:

BULL:
1. daily close above monthly open @ 53250
2. Shoot for 0.236 @ 55600

BEAR:
1. Lose Range EQ
2. Head for 0.786 @ 49700

Watch the daily close!