if BTC drops the first place for a possible bounce is 6656.

if BTC drops the first place for a possible bounce is 6656.
if that fails then 6560 will attempt a bounce ,
if BTC moves lower than 6560 then a last good spot for a bounce will be 6347.

הערה:

dropping like its hot ....

הערה:

the pattern above is also also reversal pump and dump pattern cleverly disguised,
with 3 markers at 6656 , 6560 and 6347. .
The maximum possible height for this drop is from the bottom of the first yellow arrow on the right to the top of that arrow - subtract this distance from the *body" of the tallest candle and the maximum falling distance possible for this drop is around 63xx.

הערה:

this also makes the minimum distance for this pattern is 665x.

הערה:

this pattern is also a BARR . A setup for a pump and dump reversal ....

הערה:

On bitstamp

הערה:

stoploss exit this fella at 63xx
,,,just in case hes taking
an alternate path down to the 58xx zone

הערה:

follow the pink line and this looks like its just a retest bounce ...Down.