ALTS POSSIBLE BOTTOMaccording to HOSODA wave theory , fib levels and volume profile , the ALTS bottom seems to be in the indicated green rectangle in the chart .
not a financial advice .
thank you
Key stats
ALTS IDEArsi weekly downtrend broken and retested , that could signify that alts bottom is already in
not a financial advice
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Alts pumpI see that 1938 level (0.618 fib level ) , is a good target for alts index , its the W pattern target indicated in the chart .
Not a financial advice .
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LONG ON ALTSLONG ON ALTS on this relief rally
targets are indicated in the chart
not a financial advice
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ALTS potential bottom based on HOSODA wave theory , fib levels , and volume , i see that the bottom for ALTS would be in the green zone indicated in the chart .
not a financial advice
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ALTS bearish pennant formation i see a formation of a bearish pennant , and this is bearish continuation pattern
i think the target would be in the best case scenario 1.272 fib level , worst case scenario to the red zone .
not a financial advice , only for entertainment purposes
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ALTS bearish pennant formation i see a formation of a bearish pennant , and this is bearish continuation pattern
i think the targets would be ;
first target : 1589
second target :1369
third target :1160
not a financial advice , only for entertainment purposes
thank you
ALTS analyse for the ALTS i see that we would have a relief rally for the summer before the next fed meeting in September , its a period that we could get some relief for all the markets .
my scenario is the green line ( chikou span ) crosses the first red line from below , that would be a confirmation that t
ALTS FIB LEVELS i see these fib relevant levels
as fib levels are subjective and not objective , i see that these levels are pretty much relevant
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