Weekly chart has found support at the bottom of this parallel channel. An important level to hold the price levels, Macd is turning green, RSI and T3-CCI waiting to confirm a positive territory.
Consolidate more between 0.0075 - 0.0088 is an ideal entry; (reminds me of OMG at early stage)
BTC is leading the crypto market! So, lets wait to confirm whether BTC finds a proper support at 0.5-0.618 fib levels which is around 50-55k in which case it will invalidate the dead cat bounce scenario.
If we break above 55k BTC will be heading towards New ATH (June/July) and most Altcoins will rally too.