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An other triangle and maybe a good move, Stop Loss could be under C (Daily Close)

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This move can be start of an impulse move that may affect most of Altcoins.

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Here we have a position with a good Risk/Reward. Stop loss can be almost at 0.085$.

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We can see lots of good reactions on XRP/BTC chart, here is an other prediction.

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For a better entry you can wait for a breakout and pullbak.

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We can see a movement like this, it's better that we wait for completing of each wave to see the target of next wave. (We think that this correction could be wave 2)

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-If we draw a Fibonacci retracement on the correction moves from ATH to next start of new cycles (this move usually makes about 80%-90% correction at each time happens), we have 161.8% Fibonacci key level that price comes up and react to it named as "Local Top". -In 2013, price stop correcting at 127.2% Fibonacci level, we had same behavior in last correction...

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Low price AltCoins start moving very slow but after first move, they can move fast :)

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We had a triangle pattern , the price broke it up and can start a bullish move.

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Wait for breakout. Here is a good support level . Also we should have a look on BTC DOMINANCE.

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According to big picture we can have a small correction that matches with price action pullback

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Troy can move aboout 50% & 100%

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Total Market Cap

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Waiting for breakout.

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Altcoins dominance except ETH

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PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. SC—selling climax, the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed...

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Falling Wedge

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