moving average (200) is next of this level and also it's a strong fibonacci retracement.
The price could down to $6,000.
If we act conservative it's better buy if we have a high pivot confirming the recovery.
If we act agressive I believe it's a good level to buy.
Why do you think it is strong?
This chart above in the post, shows nothing that can indicate that we are on bottom. The bottom could be lower all the way down to 5K.
What I am trying to say, is that bringing people in confusion is not good.
Either we need to see some strong reasons accompanied by technical signals or it is better to sit and wait.
i'm with you
moving average (200) is next of this level and also it's a strong fibonacci retracement.
The price could down to $6,000.
If we act conservative it's better buy if we have a high pivot confirming the recovery.
If we act agressive I believe it's a good level to buy.
blew past the 200 day - bombs away.
Awesome @salahuddin2004
yes sir @stilltnc