The recent bounce on BTC-e at 413 revealed another trend reversal at a major channel intersection, just like the one near 451 that I referenced in the chart linked below, after the pullback from the high in this series of 544. Overlaying both rising and falling channels then revealed the strong selloff reversal that came near 490 (with the release of the Caixin article about the PBOC getting tough on some banks for not having closed bitcoin exchange accounts yet) was a perfect fit for the "A" point.The combination of all 3 reversals at clear intersections makes the projection of #4 pretty obvious as the next target before another deep leg down to the 380 zone. Such a slow rally will be limited by the 450 resistance and the 4H ichi cloud above, and both those boundaries will funnel the price right into the next intersection.The completion of the bullish 3-Drives Pattern is strongly indicated to result in a final rally from the bottom of the last leg, so I've indicated this chart as Long despite projecting another leg down to $374, as the concluding strong rally will likely kick off a new long-term bull trend.UPDATE: literally moments after I published this, Huobi went vertical from 2680. Guess they like my projections :PUPDATE 4/30: despite many, many calls for a bear flag and imminent fall, the trend reversal at point #2 has been confirmed. China continues to rally on decent volume, and even a series of big dumps on bitstamp didn't stop the trend.UPDATE 5/7: the path from 2 > B has been stretched out, missing the intersection and skewing the perfect ratios of the original triangles, but we've just had another textbook pump to touch the top of the channel and position RSI perfectly for a repeat of point A at point B
