a_z_91

a_z_91

With 5900 acting as a support, on the daily chart on the 22/6/2018 the large bald red candle formed a start of a Bullish Harami. This can be a sign of a reversal, only if the daily candle in the uptrends close above 50% of the 22/6 candle, that is around 6370 USD. The 6370 will act as a resistance but once it is broken we're looking at a possible reversal and the...

a_z_91

We're hitting/just bounced of the 7.2USD support in March and February, Also less significant is the support line connecting the price early in 2017 with the wick in November 2017 which intersects the support at 7.2USD around this time. Looking at RSI, it seems to be bouncing off the support at 30. which also indicates a possible reversal

a_z_91

Lower bollinger band + RSI<30 on the daily chart.

a_z_91

Lower side of bollinger bands and RSI <30. Possible reversal?

a_z_91

Looks like Elliot impulse downward wave formed. Also 6.1K looks like a good support to bounce off temporarily. If it fails then we're looking at 6400$