If you refer to my previous chart posted you will see how I isolated the breakdown, and what a dump it was! I have left the curved trend lines which represent support and resistance, and in this chart I have extended the white curved trend line which is resistance, and we can see how the trend is curving down.
I believe this white line is a solid resistance in light of how the candles have been trending. On bigger time frames it can be difficult to ascertain direction however; smaller time frames allow us to see early warning signals for big movements.
This is a short guys, and we WILL SEE $6,000
Stay safe