We will gonna make our analysis simple.
I) Broke our swing high somewhere at 591 price.
II) Successfully make a higher high before a pull back.
III ) We could see the sudden sell off in connection with the sudden dump of BTC .
IV) We also point out in the previous chart that the is approaching the the oversold and we could see in the chart that when it reach the oversold, a pull back was made.
V) Pull back on the resistance which turns to support on 551 price.
Open for feedback for my improvements.
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