1) Look at the . You can see BTC is becoming less oversold even though the price continues to descend. A sign of .
2) Bear declining while the price is still traveling lower. This is a good sign although a break to the downside will surely bring back the bears.
3) There is also a cross.
These signs are pointing to exhaustion of the current trend in this time frame.
This is just an idea and waiting for confirmation after a break to either side is the best course of action.