If we look at the main indicators, we can get following signals. confirmed the price reversal from 9200.00 level. histogram and lines support a possible upward movement. line falls to 20 level and it does not confirm any strong price movements. But DMI becomes and when line rise, it will be a good confirmation for a possible breakout above the formed by the downtrend line, the neckline and 12000.00 .
Alternative variant: if the price can't break above the , we should be ready to see a downward movement. If the market drops below the right shoulder, it will be able to drop to the at the uptrend lines and 6000.00 . We'll have to watch closely for price action in this zone, because the market will be able to give good buy signals. Probably we'll get a pattern and this zone will be a good starting point for a new upward movement.
The 1st cryptoexchange with a hybrid architecture: https://goo.gl/kNV6HT
Buy and Sell 20 most popular cryptocurrency: https://goo.gl/sybc5t
Recommended Forex Broker: https://goo.gl/dsiQN8
we will say hello to 4k