2013 vs 2017. Crash cycles are all the same. Target around 10k USD (THIS CYCLE!), will be re-evaluating this target later this week after a couple of daily closes. Furthermore there is a copy of my excel sheet where the relevance between the 2013 and 2017 candles have been calculated
Goodluck,
Gabriel Molenkamp
EXCEL SHEET
2013/2017 % wise it all makes sense:
2013
Q 1d candles % change
Q1 15
Q2 9 60%
Q3 5 56%
Q4 6 120%
2017 Q 1d candles %change
Q1 113 63%
Q2 67 59%
Q3 38 57%
Q4 45,6 <------------------ calculated on basis with the assumption that relatively seen Q3 to Q4 takes 20% longer based on 2013 fractal.
aka 120*38= 45,6 candle