I traced the supports and resistances, based in previous price action.
In green the current supports.
In red the current resistances.
In Brown the trend line formed from 6k and 7.3k touch.
The purple trend line. is the Trend formed since 19k and last 11.8k touch.
This is not a call for buy/long or sell/short. Just levels to help planning your...
Since we touched the 11700 zone. Bears took over and made price drop with conviction to bellow 10k zone.
The lower trend in orange is an old bull trend traced since mid 2017.
In red are the resistances i was able to identify.
In green the current support.
In purple is the current bear trend traced since 19k to the recent 11.7k touch.
Pay attention to this...
I wont be doing any calls for buy or sells. However this are the levels I noticed that had been useful for me.
To make it easy, I made the support in green and resistances in red.
I added a Purple bull trend which surprisingly got respected, this trend was traced from last bottom touch around 6000. May be it got combined with previous support at 9000~9200 zone.
Important resistances and trends for the next hours or days to pay attention.
The lines in green are the long term bearish lines, and the cyan thin lines are the short term trends.
Major support at green zone and major resistance at red zone.
The trends in green are the major bearish trend lines, the trend in red is a minor bear trend. In blue are the trend identified in last 2 days.
I made a green zone for the current support zone and a red zone for an important resistance.
Thats my perspective on somethings that could be identified in last days moves.