The former upward purple channel has been broken through on a short term timeframe, look for price to consolidate under this to confirm a down trend.
A solid break back above the purple channel and consolidation pattern above it, would indicate strong sentiment.
If we see a downward continuation through the S1 zone, we are likely headed toward S2 (7000) and then 6000, which would denote a healthy correction and possible upward continuation from then on.
Nothing however is certain in this market, in a further correction to 6000 scenario it could just be another consolidation point for a further down move. So, we wait for it to show us what it's got at each key level before acting.
If you try and pick bottoms, you will lose 99% of the time. Play it safe, let the market talk to you instead of trying to read its mind.