Now that the deceleration channel in play since Jan '18 is getting more mature it looks to be manifesting a falling wedge pattern.
I haven't figured out exactly what the structure of this correction is yet but it looks to be a possible zig-zag . Either way, the culmination of the wedge pattern looks to be sometime between now and Apr 2020 at which time the outlook is bullish .
What this means for my strategy is that I'll be trading alts in the mean-time but only on very short time frames. No longer term holds until this pattern has concluded.
I haven't figured out exactly what the structure of this correction is yet but it looks to be a possible zig-zag . Either way, the culmination of the wedge pattern looks to be sometime between now and Apr 2020 at which time the outlook is bullish .
What this means for my strategy is that I'll be trading alts in the mean-time but only on very short time frames. No longer term holds until this pattern has concluded.