Bitcoin Testing Its Resistance, Prepare For A Reversal

Sell below 6938. Stop loss at 7189. Take profit at 6426.
We see price testing its support turned resistance at 6938 (50% Fibonacci retracement, horizontal overlap resistance) where we expect to see it drop to its support at 6426 (61.8% Fibonacci extension, horizontal swing low support). We do have to be cautious of the intermediate support at 6523 (61.8% Fibonacci extension, horizontal swing low support)
Stochastic (21, 5, 3) has a lot of downside potential.