ALTS discounts ahead
Orange lines are hi/mid/low of Nov2024. We swept the low of Nov, now back to the range; price tends to test mid of Nov. I will monitor the fib levels; any aggressive move above 0.72-0.79; confirms a move to 62% dominance that matches a weekly rejection block (check the weekly chart to confirm). From 62% a free fall would start declaring parabolic move to altcoins. This all plays well with OTHER.D daily chart which confirmed change of character as market direction.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.