Chikou Span made a cross down over the price. Watch for the Chikou to potentially follow the trajectory plotted in neon green. We want to see a reversal of direction before Chikou span hits the .382 fib line.
Tenkan sen has been moving horiztonally and tells us this is the market ranging
Kijun & EMA
Standard line and the 50 day are both above the current candle. We want to see these reverse and act as support over the next 3-4 candles (12-16 hrs )
Cloud is beginning to tighten. This shows us lesser . Span A and B are between 9.4-10k
A could be forming in the short term
Pyschological support / resistance
There is a lot of psychological support below the 8k mark and you can see this confirmed by the small wick on the current candle when it reached the from 2/6/18
Currently price is .382 fib level and if it can't find support here, or on psychological support. Our next level of support is at the .236 fib line, or ~7.4k
The is very low at the -8 mark. Watch for a convergence, a bounce, followed by a .
has dipped below 30 and is pointed up. Trend is weakening but may be gaining strength. Ideally we would like to see candles with the moving up to signal strength of a reversal.