Yesterday was the first time that I had moved my support and resistance zones in over a week, I just felt that we had quite a strong level of support at $7600. But now as we have broken through the $7600 support and sit at $7535 after breaking through the support line dating back all the way from the 6th Feb which was set at $7592.
It makes me wonder if the downward trend will find support on the red downward trend line if we break this line I can see us coming down to find support at the support line that dates all the way back to 16th of July 2017.
in the short term 4-6 hours, I expect us to go have a small bounce back up and in the long term I expect us to test the support level at $7100!!
Might revisit low levels but I still believe it will be .. Mooning soon :)
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