It looks pretty simple. Fibo and the channel are quite valid and as you can see in the RSI section the trend is bearish. There is strong support in the $22400 vicinity, and I personally would enter if I see bullish return signs in that area. MACD is also indicating a bearish trend so far, both in moving averages and momentum. FYI, I entered at $17500, sold one part at $21000 and one part at 23900, and I have not entered again so far, since I'm an amateur and work 12 hours shifts and I have to deal conservatively.