My technical analysis show that the bottom could be in here very well. Seems like a weird bottom, I know, but sometimes traders have to accept a weird bottom. I analyzed a few cryptocurrencies and all of them show bottom action.
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Here another coin that was analyzed, Lumen:
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Monero:
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And finally I/O Coin, which is still technically one of the very best cryptocurrencies out yet, check it out! Fair release in 2014, has proof of stake, decentral encrypted messaging, transferable aliases, 4MB blocks, 1MB/2MB data storage per block, 1 minute block time, stealth adresses and the list goes on and on. These guys are knocking the ball out of the park! And the project is very very underpriced yet.
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BTC extension, one more circle added. I like this one.
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3rd fibonacci circle added. I think you get it now, boys.
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