So.... red flag scenario is playing out right now. In my opinion we should not try catching a falling knife until we reach:
Supports, in which case These would be excellent targets to buy for a bounce play.
I'm going to expect a return to the low of $6,000, Bearish pennant + Test of broken support = High probability of a continuation to the downside.
With Bitcoin pumping off support like this I don't find this easy to predict with my trades, I'm going to lay off trading Bitcoin and start focusing on atlcoins.
On the screenshot attached my potential buy zone if Bitcoin decides to fall.