Always nice when the TA works, fell below channel, came back for a back test and rejected just as the alt space started to lose dominance in favor of a BTC run back over 40k.
What happens with alts in the near term is going to be heavily dependent on BTC achieving a new ATH , success will spike BTC dominance as it runs into the 40k's, a rejection will likely result in money flowing back into the alt space
Tightening 1hr equilibrium will eventually break with an increase in volume
Check out the ZRX cart, it's doing pretty much exactly the same thing right now