after a huge pump from 1.634 to 3.6. it has retracted to the golded fib level of 0.618. Now either it is going to break the major resistance 3.45 to 3.55 range and will make an ALTH or will respect that resistance and will go touch its support of 3.
I have analyzed 2 historical dips after ALTH’s I have noticed two major trends:
Trend 1 LMACD: LMACD line crosses the signal line indicating a bearish market. Volume decreases, after an initial dump it pumps back up to critical fib level of 0.618. then dumps back. The total dip lasts around 400 days, and total market correction is around 84%.
Trend 2 MA: This...