NAUTBTC Daily Candles (Poloniex):

Price has already reacted to the 61.8% retracement level (above the pointed finger) from the recent major price swing (starting from the bottom of the ascending triangle).

Huge support confluence zone (SCZ) at the yellow box on the chart, that's made up of:

1.) the highs within the ascending triangle
2.) the 50% level retracement of the major price swing
3.) the 27.20% retracement of the latest price leg

This all measures up to making a strong case for buying if prices should reach that price level.

This market starts to look bearish if it trades below that SCZ and/or the bottom of the price channel (black lines filled in with a light orange background, containing most of the prices). Prices are expected to treat the dotted red line (middle of the price channel) as a type of line of symmetry, about which price may cycle up and down through and/or treat as support/ resistance.