Oil close to a very strong support

Well it looks like that even beer is more expensive then oil right now.

Oil is reaching 1985-2000 support zone

Will it hold ?

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When the lockdown will end the demand for oil will increase rapidly ( Recreation / travel / logistic demand )

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3 white soldiers forming on 15m tf looks like there is some interest around this 35 years old support

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Sub 1984 prices for oil

8.8 bucks ... -53% in a single day just WOW

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Oil at 5.2 USD at the moment of writing ... looks like there is no bottom

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well and here we are at 0.01 USD ...