As expected Feb. 23rd proved to be a bloody day. Many of us new to crypto experienced what it really felt like to bleed. However, it seems that we may experience something similar relatively soon.
Currently forming is a ascending triangle, however, we are still in the downtrend with price seemingly respecting the TL.
With all of the speculations of why BTC and ETH had a drop and the people involved, this chart may help predict an area of interest for which something of similar effect may happen.
Previous Analysis linked.