The main question is..will the support line be breached?
Well, what I personally found is the critical support at levels we are now standing at.
As you can see we are now flatting at 6,400$ for BTC.
And descending channel what is formed now shows that the price will be going down more and more if we don't break out of this trend. There is no breakout still and this is seen very clearly on 6H chart.
If breakout won't happen, then we are heading towards 5,800$ish levels, and after that maybe even lower, to 4800$-4600$. Let's see what happens, I'm not gonna open the trade while the price action is not clear to me.
any advices from advanced traders would be greatly appreciated, I want to learn from you guys
Thanks to @cicbar for support a lot!
it's breached