However BTC may not even retrace to lower levels since historically August and september are good months, therefore I am eexpecting BTC to eventually cross over the resistance set from previous high in the next week or so and to eventually start descending after the lead crosses under the candles. If it does break under the cloud expect support levels at the range of 22k.
Conclusion its still a 50-50 game but given that the stock-tp-flowmodel wasnt completed the odds are on the side for the next month or so, this does not exclude the possibility of crossing under the cloud and keep dipping.
Since usually alts follow and BTC and dominance is rising i believe that alts are to follow this movement. but for safety reasons id set my stop losses 12% below entry point.