This probably won't be a fast drop at all. More like falling down the stairs... We might pause a couple of times thinking we have stopped, only to continue to snowball down. The FUD with Binance helped exacerbate what was already on the charts and forced this down action today.
Looking at fractals from 2014 it is hard to decide if the #1 and #2 are matching up or is the 2014 #2 = 2018 #1 ?
If it is the latter then I would expect to see a bump up from our current price levels, but I am more inclined to think we are matching the #1 and #2 and the only move left is to fall down some.
Just curious, we are forming a double top in our current trend where as the 2014 chart showing a bit of lower low, which one is worse ? Thanks for the chart