The rally within the last hour could be an indication of a bottom but, it might also just be a bounce in a bear market. But it is worth watching now to see what develops here. As far as picking a bottom goes, I prefer to let the market tell me where the bottom is. At the moment, it's not clear. If this is only a bounce, it could go a lot lower before firs support is found.
Wrong person to listen to. He just spreads false info. He pretends to know charts but doesnt...seems to get a kick out of pretending to be a chartist. And there is no gap at .07