I'm expecting a 27-30% correction on BTC back to the Kijun-sen / , however it could escalate further.
We've had multiple 'Alt seasons' within the past couple of weeks, and some large increases in strong alts - showing that they are more than capable of the runs BTC has had.
Idea is charted on the daily time-frame.
Potential support zones:
Sentiment compared to previous upper limit / new channel breaches:
4hr time-frame - Ascending completion:
Potentially acting as a catalyst for the correction.
Time between previous signal crossovers in days & hours (h4 time-frame within the last month).
2, 1.16, 2.4, 2.20 - the average of which is 1.965 (2 days).
We have two signal crossovers remaining, approximately four-six days.
For my personal / historical records, still learning TA.
We've just had a bearish TK crossover with a bearish future very close to the upper limit support line. I believe the move has started.