The price is heading down due to the strong selling power. A strong resistance zone is formed between ~11607 and 12660.
Expect the price will drop to the supporting level around 6000 and bounce within the channel.
Should wait for any signal for change of the direction before jumping back in.
The price hit the strong resistance and a downward trend is formed, anticipate it will hit the support around 133.552
1 hr graph showed a bounded back at 134.572, will it be able to change the downward trend?
The price is within the downward trend, there is no signal to show there is a change of the direction.
EMA 10 cross below EMA 50;
Expect the price will fall and hit the supporting at around $9200