I see that the next leg down for alts would be in the indicated green zone ( this would give us -20% from june lows to -29% ) .

the zone have confluence with HOSODA target for N wave , fib clusters , support zones .

the chart excludes stable coins , btc and eth , just to be precise and to really represent alts .

this is not a financial advice .

thank you

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.