Well, I think it does, and as you can see here, it lines up perfectly with the Gox bubble peak and with the current low as well as the Huobi low post-China bubble. I don't think the price will be making any new lows because 1) it would violate the triangle and 2) is already oversold and beginning to turn back up. I drew a few similarities with the last movement in and as well. Seeing as the price wants to stick to the bottom of the triangle now, I'd say it's a good time to go long. If we had made it to the high 400s, I would have been worried since it may have just been a correction, but this looks more like a setup for a breakout.
So if you have already bought, don't let the whales scare you out. There is a good chance that the triangle will hold, at least for now. As has been pointed out before, Huobi made a nice double-bottom at the recent low, right where it was supposed to, according to this red . If you're extra cautious, wait for a break out, but you're also pretty safe if you buy now and wait.