There's a buttload of indicators showing we are oversold and in Bounce territory. This doesn't mean we are Bullish, but it does mean that there should be a significant bounce incoming.
The only thing I see keeping the price down, or having it continue bearish (for the short term) is the infamous Korea FUD.
>>Bull Divergences all across the board.
>>1 Falling Wedge on Hourly.
>>1 Falling Wedge in the micro-timeframes.
>>H&S Neckline
>> Far from 4H Ichimoku Cloud
>>Buy Volume Increasing
The only thing I see keeping the price down, or having it continue bearish (for the short term) is the infamous Korea FUD.
>>Bull Divergences all across the board.
>>1 Falling Wedge on Hourly.
>>1 Falling Wedge in the micro-timeframes.
>>H&S Neckline
>> Far from 4H Ichimoku Cloud
>>Buy Volume Increasing