Checking BTC.D 2 weeks time frame, we can see that the indicators have a lot to drop. Short term pullback will happen, but the main set up for alts is BRILLIANT.
TA factors:
1- The big leg up is still arriving; 2- MACD bearish div; 3- Stochastic still overbought; 4- RSI has a lot to drop;
If we follow the head and shoulders pattern, then we can expect an increase to 66-67% of dominance, then a decrease to the level of the neck - 62% and a breakdown to a height from the neck to the peak of the head! This is 11%. Accordingly, according to the technical figure, the downward movement will be up to the support zone of 50-52%. No need to draw huge arrows up to 40% down, like in some of your domination analyzes
Guapeva
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@harchenko93, create a channel to share your brilliant knowledge as you are so sure about your arguments, that will end.up with nonsense again as I am sure.
harchenko93
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@Guapeva, lol, you are agresselive boy)) as always