- Price is likely to travel further South - Short term bottom at support = low of 6/2/18 = lowest low of 2018 - If price reaches this point ($6000,-) a head and shoulder pattern is confirmed - Price will likely bounce off this level and will rise towards the descending trendline - We are in a bearmarket and the overall marketsentiment is bearish - Without a huge bullish newsevent price will be rejected by the trendline and turn South again - In that case support will be tested again - If price closes under support/neckline/$6000 >>> Short BTC >>> next stop $3000,-