Bitcoin Key Level

The market falls and it's time to prepare for opening long trades. But which levels are good for buying? Let's look at the daily chart, even you trade based on hourly charts. We can draw Fib retracement based on the low 891.33 and the high 2980.00 level. Also we have several uptrend lines but we must focus on the middle one. If the market drops to this level, probably it will be stopped and reversed by the great support zone. This zone is formed by 2000.00 level, the uptrend line, 50% Fib level. If RSI confirms price reversal, it will be a good level for opening long trades with profit target at the downtrend line. So, we have to note that 2000.00 is the key level and price action near this level will give us insight for possible price movements.

P.S. And what do you think? Please, share your thoughts in comments )