98% correction for ALTS is possible !

2022년 12월 20일

as you can see in the chart , a cup and handle pattern is present , and it can lead as to a target of 96-98% correction from the ATH .

this chart is for alts excluding eth ( its the same thing if we include eth ) .

the target is indicated in the green box (80-86% down from todays value 163B)

for me this is the worst scenario that can happen for alts , what would lead to this target could be a major cex collapse such as binance , a recession ...etc .

please remember that TA is not something absolute , its only scenarios

this is not a FA .

thank you

2023년 11월 24일

노트

i will be sharing ideas from my new account : tradingview.com/u/Benterkiayoucef/