I would take caution as the is generally a .
I guess the triple bottom at 3, 4 and 6, or A and C of correction attracted some buyers and buy came in.
generally means demand for an asset is weakening as price fails to establish higher highs.
Price crossed 50, 100, and 200 Moving Averages.
Will wait for more movement or break of to open position, preferably close above 16k or B/5