ETH/ALTS - Expecting one day of red before the golden cross
Updated
Comparing with BTC 2015 fractal, a 5-10% dip would be healthy to sustain the current trend before the golden cross. I think it will happen in the next 1-3 days.
Note
The hourly chart also showed a bearish divergence. Viola, the correction has begun.Note
Dip from 225 to 213 (roughly 5%) was bought up extremely fast. That could be the last dip we see before the golden cross. In a strong bull market, I think it's a good idea to place some limit buys 3-6% below current price to catch dips like that.
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