We have strong resistance lines and PRZ on 7000~7400, If price break them can go up to 7800 and test Weekly resistance line otherwise can dump to AT LEAST 6500~6400.
We should wait and see what will happen to these support/resistance lines.
As I predicted this price drop in Daily chart (Check link of Related Ideas in bottom of page) there is a strong support line (Yellow line)... We should wait and see what will happen to this support line and wait for RSI and STOCH rotation.
BINANCE:BTCUSDT In Weekly chart of BTCUSDT Binance, If price breaks yellow support line and RSI support line breaks the possible targets are 6900-7100, Otherwise the price will raise to 10800-11000. However in previous analysis ( Check Related Ideas ) which was in Daily chart the price should go to 6900-7100.
BINANCE:BTCUSDTPERP We have two head and shoulders which the yellow one is finished and possible target of green H&S is between 6900-7200.