How did I get to this conclusion:
1 - created a zone with the most support resistance points
2 - found where it broke out of the resistance trendline in the past
3a - if long - found out the logical/psychological zone for where it can go first
3b - if short - then we will move like butterflies in between 7k to 12k (improbable = end of crypto, fear, distrust, and disinterest in the market for years). It would be very hard to get out of this dark place. We would need some sort of black swan event.
glhf