I´m not a fan of complicated technical analysis, I only look for simple patterns that have proven themselves over time. I like to "feel" the price.
I see a bearish pennant here and think we can go as low as 4k to 5k range, at which levels will be lots of buyers coming in, including me. I´m not shorting.
That being said, I´m no expert in TA and do this as a hobby.
