The beginning of what will be a face melting run for crypto.
Just an idea. Straight up reversal from the diamond bottom seems too obvious, fakeout first then moon.
Looks like we've found ourselves a new re-accumulation trading range. Keeping an eye on the weekly 200MA as support, as we did in 2015.
After revisiting this idea that I came across I decided to plot it out on TV: bitcointalk.org As we are plunging down looking for a bottom it seems as though we'll hit this trend at $7500. It's likely we'll progress through to the underside of this trend.