I often see these bell curves play out in altcoins, and kick myself for not buying what looks like the local bottom of the bell. So this time I entered a position and set my Stop Loss below the pattern in case it breaks down. The PA has hit a significant support level, and the Stoch RSI is in oversold territory, which supports my idea that there could be a bounce here.
Granted, I do not have a lot more data to support this idea, and it kinda depends on BTC / BTC Dominance.
We shall see!