SUNDAY
14-JUL
Price took out LW high and rejected the highs.
It seems to be targeting LW low now as price moved below the monthly open.
Price took out the most recent daily swing low and the only sell LQ left is LW low.
Price is once again reacting from the monthly swing low and could rally, although it seems that buyers are losing steam.
Sellers are providing resistance above $12,000 and if price somehow gets there, shorts could be the only reasonable play.