Based on the daily timeframe, you can see that the Stochastic RSI is in a downward movement. Also MACD histogram confirms downtrend.
Note
Based on a 4-hour Poloniex chart (Kraken was added not so long ago and not seen the whole situation) the price almost touched 0.382 fib and, apparently, rebounded. This is also confirmed by the upward movement of Stochastic RSI. But the figure is not finished and the market is very unstable. Be careful.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.