The starburst effect, works on the pivot points. I found the lows and projected the floor. In this case 29k for btc would be the new floor, bringing it up to our current floor value of around 36-37k. Several versions of these charts I have done. Ethereum would have a current floor of around 3k. In all cases we can find low trading channels, with great potential gains. Just a study…. Mostly running the patterns on five minute chart, then daily, then weekly
Jon Fiorucci