Cryptocurrency - A Chinese New Year 2018 forecast

Many has been banging their heads on the cryptocurrency ride recently and after some analysis on "we don't know what's really bringing the price down" or it's some conspiracy market makers that controls it all. So here's a little possibility on charts leading to Chinese New Year 2018.

But for those that hasn't been in it, you've a good chance based on the price performance now.

*Chart on BTC price. This is purely for illustration of the coming market, so don't take it too seriously and just be ready for some action this February 2018.

Levels:

1. Broke the first trendline in the long awaited triangle
2. Broke the second trendline that determined the actual fall of BTC
3. Strong Fibonacci support/resistance level
4. Prediction of CNY 2018 price fall
5. Time to Collect as many ang-pau to get in
6. Enter here (if you plan to catch this train)

Either that or its a strike for all cryptocurrency by then.

Let's hope for the best this CNY then :)

If you've some thoughts on this, do share them...