In 4h Timeframe after breaking the descending channel and completing the full back, you see that the market did'nt have enought potential to break M.A100 and also the roof of como cloud (56.3K), so the price started bearish trend on the top of the previous broked channel and it seems it'll go down in the red cloud untill strong support (51K).
Note
Goes exactly like i said...Disclaimer
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Disclaimer
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.