As the rest of the CC market moves in lockstep with bitcoin there's no point of looking at ALTs. The BTC daily volatility implies targets just below 34 weeks WMA (white dotted) where I'd expect BTC to bounce from.
https://www.mql5.com/en/charts/8508731/btcusd-d1-simplefx-ltd
https://charts.mql5.com/17/931/btcusd-d1-simplefx-ltd.png
If however, this week closes below $7774, the weekly volatility implies targets as low as $2556.5
https://www.mql5.com/en/charts/8508752/btcusd-w1-simplefx-ltd
https://charts.mql5.com/17/931/btcusd-w1-simplefx-ltd.png
I said it based on this comment from you:
https://steemit.com/cryptocurrency/@jcollins/re-srezz-re-jcollins-re-srezz-btc-dead-cat-bounce-20180206t234058427z#@srezz/re-jcollins-re-srezz-re-jcollins-re-srezz-btc-dead-cat-bounce-20180207t003514304z
so please tell me how did you measured the fibo levels here.
@srezz | April 3, 2018, 3:39 p.m. | Votes: 0 | [
VOTE ]
Go by the link you've provided and see my comment beneath the chart. The answer to your question is right there.
https://www.mql5.com/en/charts/8519021/btcusd-d1-simplefx-ltd
https://charts.mql5.com/17/952/btcusd-d1-simplefx-ltd.png