We have seen that the script has been in the bearish market for a while. From technical perspective, EMA's plays a very crucial role in determining the overall sentiments of the herd. You don't want to trade against the herd, always trading the direction in which they trade in for.
TA- price action has crossed the EMA's and took the support which insinuates that we are in the right direction. Let MA 22 crossover MA 11 to confirm the trend and also look for the volume because you don't want to get trapped in the bear market and wash away capital.