Watching the longer timeframe down trendline for any break. A sustained break above may turn the sentiment to bullish. $6000 is a key support level. If broken and price stays below with volume then 1st target on the downside will be $5000 with an extension to $4500
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.