Welcome to the VENBTC update. See my previous chart to know the targets and keypoints. 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 RSI 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.