don't get caught 100% in alts. BTC will outperform almost everything.
Notice how different is current consolidation with the past one. Moving averages have turned full bear as of now. The idea gets invalidated above 42k. is 28k doesn't hold then the next support is 20k. Max pain for alts in this scenario.
I more try to go up, if it fails then down, minimum target marked.
improved version with long short scenarios
bullish and Berish ideas. I lean bearish right now. let see how it looks at 0.20
I am inclined to believe btc fall from here but watching that support for a response.
let's see what happens, depends on $btc. if BTC dumps the bearish scenario likely.
As long as we stay out of the old range I will stay in $cel, If we break down will convert to BTC and wait to see if there is any buying action at the botton of the chanel.
Not taking the trade cos this one is still very hot, maybe when rejection confirmed.
Considering the current volume, I think the more probable right now is B the A and C in case of of a sudden bitcoin move
Bullish and bearish case for $cel
just for the record before I edit this. Look we are going to correct, quite a bit more before we keep going up