Here one idea for possible bullish count (correction on this drop from ATH). This is opposite of regular contracting triangle (abcde where after E is completed, we can see new drop).
https://www.valforex.com/wp-content/uploads/2017/09/Bearish-Contracting-Triangle.jpg
Larger bullish case is Triple ZigZag with zigzag in X wave. Can extend too maximum to 1.618 of WXYX usually 1 to 1. We can see confluence on that 1-1 (golden pocket 0.618fib) and on 1.618 (possible Bat harmonic pattern and 0.886fib).
4h time frame
Smaller bullish case is Double ZigZag with triangle in B wave. Minimum for Double is 0.618fib (we can see on left hand side of chart that is some resistance there) but usually we can see extension 1 to 1 WX wave.
This can also fit some Bitcoin dominance and relief for Alts to little bit better pop up. Remember strong moves (up or down) on BTC can ruin any good setup on Alts. We want to see BTC to range or slow going up for alts season.
Good idea is to wait for some confirmation before jump in trade (have good SL with solid R:R)
Larger bullish case is Triple ZigZag with zigzag in X wave. Can extend too maximum to 1.618 of WXYX usually 1 to 1. We can see confluence on that 1-1 (golden pocket 0.618fib) and on 1.618 (possible Bat harmonic pattern and 0.886fib).
Smaller bullish case is Double ZigZag with triangle in B wave. Minimum for Double is 0.618fib (we can see on left hand side of chart that is some resistance there) but usually we can see extension 1 to 1 WX wave.
This can also fit some Bitcoin dominance and relief for Alts to little bit better pop up. Remember strong moves (up or down) on BTC can ruin any good setup on Alts. We want to see BTC to range or slow going up for alts season.
Good idea is to wait for some confirmation before jump in trade (have good SL with solid R:R)