FOLLOW THE RAINBOW
While technical analysis is usually NOT easy, once in a while it can be.
This chart - which shows the TOTAL MARKET CAP minus ETH & BTC - just so happens to be one of those rare cases, and some simple pattern recognition is all it requires to see the obvious similarities that exist between the two fractals/structures. Assuming the pattern holds, expect to see price bounce one more time within the final (purple) circle before...BLAST OFF.
This chart - which shows the TOTAL MARKET CAP minus ETH & BTC - just so happens to be one of those rare cases, and some simple pattern recognition is all it requires to see the obvious similarities that exist between the two fractals/structures. Assuming the pattern holds, expect to see price bounce one more time within the final (purple) circle before...BLAST OFF.