Major retracement occurs approximately every 60 days. Following the pattern and using Fibonacci retracement to extensions to know price extension and approximate date range for the occurrence of 'reduced price'. IF $11,000 - $13,000 is the top, between $7000-$9000 can be the retracement price zone to buy at.
Fibonacci retracement at 78.6% tends to reach 145% extension. At lower time frame, latest retracement hit 14.5% retracement which by retracement price move is less than 5% makes statement more accurate to reach its 261.8% extension. I was not up early so, I'm sorry I couldn't have alerted it earlier. It is still like a Beta test.
You see I circled areas the RSI (Green line) bounced off and signalled bull trend continuation off of level 50, & price upon Supertrend line (green price line support) (June 1-4, 2017) I believe price movement is currently most like that of June 1st. Price will continue to rise as Traders Dynamic Index signals continuation on my chart only, because the indicator ...
Explaining and linking analysis of Higher & lower Time Frame for examining better long/buy/bullish entry, developed from basic simple (generic) buy entry conditions set. Apparent buy entry at low time frame may be erroneous to enter without the the consideration of other time frames, trends, true reversal starts.