Huge level of support at 0.00007000. A close below this level could pull back to 0.00006200. Watch for bounce off 7000 level as well. Strong volume can drive it back up to the 8000 range.
Thanks for your analysis. Looks like a clear pennant on the bottom chart. Thinking with some volume that the breakout will happen for sure :)
bparise
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@ActionBronson, 4HR (240) chart does show a great flag pattern. Im using the 50MA as my key support level. A break through support is definitely bearish. But, if it breaks through the trend of lower highs it could explode up with volume.