if we can eat the 80-sell wall, we will have seen the bottom at 60. If not, the bottom will be lower I guess...
80 sell wall can be eaten.. and then what? if nobody buys much higher .. it will drop again.. and that wall probably will be sold again
we are not in trend reversel yet.. also the buying power is not that hot in last rebounce (well if we can call it that, it was 3 big byers.. not all of us panic buying. )
well it doenst matter for me where it goes.; i'm shorting or going long whatever direction it goes... but I think we needs to hit 50 or at least very low 60's before the massive buying starts again..
big wales can push it much deeper into 40's but i think thats not going to happen though 'im placing some lucky bids there