TNB/BTC (Potential retest .786 Fib Support?)

TNB/BTC

-the price has dropped over -40%
-we can also see an ugly wick down to 4 sat
-this only tells us that the selling side is strong
-if you are looking to enter a buy position
-the 23-18 sat is ideal for potential bounce reaction
-this range coincides with fib 786 and 200D MA
-but always make sure to enter only when there is buying strength
-this will help you reduce the risk and increased your bullish bias