So once again after falling BTC is caught between overhead resistance (the 200MA) and a simple downtrend line (the green one). If BTC crosses below that green downtrend line it will fall into the white support line which is very strong, if it crosses that line down we are falling for quite a bit until we hit 7K area.
Let's keep an eye on this action but the clues are there for you to see.
Hitting the "Like" button is like a tip, please don't forget to do so after reading.
NOW, THE LEGEND;
Support are green
Resistance are Red
Horizontal support lines are white, the thicker the stronger the support
50 Moving Average is yellow
200 Moving Average is white
THE TREND: Going Down, we have not made a new higher high
THE OUTLOOK: Expected to go down, unexpected if it goes up.