My sentiment is that we may have a separation/divorce from BTC into ALTS ... as just happened and predicted here with snapshot fever lol. BTC is going to drop some; that's healthy and all fine ... but where is the money going to go? It's not just going to sit there in USD or take a holiday (well, for some no doubt!). So my preduction is that we might see a more serious investment into ALTS as BTC takes it's dip to more attractive buying prices. I feel that yesterdays flip into ALTS may have showed people where to go ...
... we shall see.
Of course, this prediction is completely open, quite loose as displayed here and only a suggestion. I give no targets, not now.
- The lighter the blue line the stronger/fresher the supply ... thicker light blue ines are the best.
You will need to look closely for any confirmations of a long entry on your own charts with your own techniques. All the best!