You're basing your prediction on an 1h chart. Are you really suggesting that 1h tf charts are relevant to what you're trying to say? I'm not saying that I don't agree with your statement. Altcoins might be going for another leg down exactly because we're in a corrective wave on the daily/weekly tf (not the 1h) hence probably even lower prices. But your chart does not show that. Not on the 1h tf for sure. What I'm trying to say here, probably good prediction, but useless chart. just my opinion.
DarkQuinn
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your waves are wrong imo. we are now in a corrective movement (4) and will be soon going down again for the impulsive wave no.5...We're far from starting another impulsive wave up as the downtrend is not over yet
Joker762
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@DarkQuinn, levels up until last week were the same as last August... You know what happened next...