We're currently approaching the 38.2% fib level and support should hold here as this is the same level as strong support from September!
There is also a cup and handle pattern forming however I doubt it'll complete until the 26th of January as thats when the next btc futures contract ends. After it expires, we should see a breakout upwards passed fib levels and at about a 80% return!
All feedback is much appreciated.
I am not a financial adviser, please trade at your own risk!