I've noticed a few patterns emerging in the ICO's that bleed as soon as they list. Sometimes I have found that the listed price starts at a 127% of what the overall price range then retraces to the 50% level as you can see in this chart. So if you imagine that we are still Bearish on this pair we could see a LL before a change of trend - the low is indicated by the fib study of the 1st corrective wave after the sell off. If we do form a COT at this level I imagine we could see the Bulls moving in and taking us up to the 50% level (mean reversion of the entire range) and at this level coincidentally is the fib extension target 127% of the previous swing. Let's see what happens. At the moment the Bears are in control.ADEXBTC