in D1 Bulls are trying but Bears are strong at this point. we may see a little bounce from previous resistance candle before we see doom around 5.9-4.2, critical support
W looking bad
If W closed like the highlighted area, we may see more dumps before bounce.
if the next candle could at least turn to a L2P, Its a potential bounce.
Hence, we have to see the closing candle for this week
We may need a good fundamentals for bear to stop. We may see 3-4k, or a consolidation around 7-8k will be a new ground for cheap coins
W looking bad
If W closed like the highlighted area, we may see more dumps before bounce.
if the next candle could at least turn to a L2P, Its a potential bounce.
Hence, we have to see the closing candle for this week
We may need a good fundamentals for bear to stop. We may see 3-4k, or a consolidation around 7-8k will be a new ground for cheap coins