According to Elliott wave, the price is currently at the end of wave 4. The price is preparing for a bullish movement. First Target is at 9.7684. If the price continues to rally over 9.7684, the second target is at 12.4735. If the price hits the 2nd target, it will then drop to around 5.3102 (Good position for short) for the 2nd wave in the larger wave.