Previous pitchfork models have been good but they weren't fit for picking reversals. This simple modified pitchforks seems to be in tune with the market. Let's see if btc reverses from the 30-32k range. If you are struck with alts and you are confident with there fundamentals then you should hold as it's not worth realizing those big losses. And alts always recover faster than BTC. So a 1-1.5 years expected (not confirmed) bear market will probably be a 6-8m months bear market for strong alts.
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.