After the break of the long-term pitchfork, the drop failed to accelerate as other key supports were just below. The re-test of the previous trend line & median line of shorter term pitchfork provided good support. So now we're in a narrow range between these 2 points. A break back above the longer term median sets eyes back on the yearly average @ ~$7600. Break below shorter term median line, previous trend line, and pink slope sets a target of the 25% slope around ~$5700. Another break below 30 RSI would also be key to pick up momentum to the downside
4h linear look
4h linear look