The price broke into the cloud is no heading sideways. Conversion line (blue) is below base line(yellow).
shows an slightly oversold market and is heading downwards. Depending on the current 4h candle, a change in movement direction can might be seen. (from to )
A first important step would be a strong bounce from the bottom of this channel so we can be sure that this support holds and will not break like the first one. If you buy in now, place a stop loss below this channel.
The next target would be breaking through the channel and reaching the strong resistance.