Reason: Resistance is coming in every single time that the support tries to push back. doesn't show promising indication of bulls buying in (This goes for 1H chart also, where the is slowly turning downwards). The price is sticking to almost the corner of support which does not look good. 50 on 4H chart is also closing into the price and if it only touches the line slightly then prepare for continuation of bear market.
Time: A drop may start or occur from now for a period of 1 - 2 days.
Chart Period: 4H / 240 Minutes
Is a bearish wedge forming on the 4h? There may be strong indication of another crash again in couple of days! Be aware. The MACD shows momentum turning dowwards, it is possible that we will see a lower level than 4500 euro. Anyways, I'll stop updating this. price could possible bounce between 5000 - 6500 eur for a while.