ekgencsoy

ekgencsoy Updated 

Price up trend line and RSI up trend line both broke downwards and a bearish triangle can be seen on chart. Nevertheless, because of RSI and stochastic RSI directions, I expect to hold on 50MA curve and have an upwards direction even if we follow bearing triangle. We seem to be at a fork. NTA, E/P only.

ekgencsoy Updated 

Three possible targets marked on the chart. NTA, E/P only

ekgencsoy

Not only main down trendline (green one) is broken upwards but also 4 hours RSI shows that for the second time we are above the down trend in RSI. On the daily chart HMA shows that trend is changing from bearish to bullish. Until we break upwards marked area I believe bear trap is still possible. 9000~9200 and around 11000~11400 are both critical...

ekgencsoy

Daily chart We are over "main up trend 1" but still under "main up trend 2" (05/03/2018). Exp.MA(50) and Exp.MA(100) intersections are shown on chart. 13/10/2017 up trend 16/12/2017 ATH 07/01/2018 down trend Till 07/01/2018 this is the first time we are close to a cross over. If this happens first target is around 14K.

ekgencsoy

One day chart shows that we are close to 200 day average second time from 1st of February. 6500 USD is likely to be tested.