While BTC is preparing to make its big move lower, we can anticipate alts will get destroyed. Cycle I has ended in November peak, double correction across the board for most major cryptos to end cycle II before starting cycle III up.
Target does seem low, but if BTC is gunna makes its move down towards the mid 20s than these low (calculated) targets should hit. Could be great to short em and then bag em downtown.
@Takasis, maybe have ended wave C & ready to turn down or may go up for 1 last push. Either way, theres no trade here, the upside may be very limited based on the wave count, u should have taken profits out by now and if shorting, you shouldve entered with stop loss just above the 1.618 - if shorting or taking profits, we may get 1 last push for another chance but the technical indidactors are all over-extended this is primarly just FOMO pump and high probability of a bulltrap