Alt-BTC cap ratio has developed a wave 1 + 2 and 'stepped' out of it's long-term deceleration channel at the end of a very long falling wedge.
Candidate wave 3 is now in progress which means it's alt-o-clock!
Zoom-out to see the whole deceleration channel.
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...