thanks to time fibo and the upper resistance of the blue channel this correction was predicted. the orange line (which is 100% time retracement of two last highs) can be a good time for the main rally to begin. (or it may just begin a little earlier) the main point is that there is still a lot of room for growth.
Anyway Cryptocurrencies (altcoins, to be specific) are going to rock and what we saw in past months was only a small portion of a bigger movement.
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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.