Hey guys! Well this is my first trading view post. This analysis of the chart won't be too lengthy , just enjoy it:)
After the bloodbath we can see the bearish pennant was formed , then apparently btc drop fiercely again.
With that swing low, we could see the resistance line and support line force us to move downtrend.
Also there's one thing u should realize is that these candles are still in the process of forming the flat correction, wave B
which was estimated to be done at the price between 6200~5900 (depends on the situation).
Another pump is about to happen after the wave B, just be patient and steady. Reload ur btc ammo, have fun!!!!