So Monero Jesus's magic number of .00365 was broken. What happens now? I think any analysis involving what amounts to arbitrarily chosen magic numbers is pure bullshit.
First, let's see close below 0.00365 to be clear of the situation. THEN:
That 0.00365 was broken, means that the uptrend that started July 13 in Poloniex when the price was 0.002315, is likely ended.
Thus no lower price cannot be ruled out, there is no real support in lower levels except 350 (soon broken), 250, 231 and 175.
Yes, breaking 365 means a great deal. It means that we are going down.