Here is a graph I drew for myself as support yesterday.
Situation
You can see that the price has been trying to keep a slight movement up (line 1). I expected it to break down which it seems to do currently.
Potential scenarios
The price will likely bounce 1 or 2 times back up from the blue line 2 and break it. There is some possibility for it to head up to line 4, but I personally dont expect this.
My positioning
I expect it to break line 2 this or the next 2 weeks and head to the blue line 3 which will be our new support.
The coming price movement around the blue lines 1 or 2 are very important!
I will be buying some more crypto once it hits line 3 ;)