ALTCOIN HOPIUM PACKAGE

1) $LTC | $BTC Cycle low support showing strength

2) $BTC.D at resistance with DEC / Q1 confluence

3) $BTC showing signs of exhausting

4) $ETH | $BTC at Monthly support

5) $DOGE | $BTC At cycle lows

ALTCOIN HOPIUM PACKAGE

1) $LTC | $BTC

- Cycle low support
- Breaking the lower time frame down-trendline
- Forming lower time frame bullish market structure
- Timing confluence with the break out compared with the last Bitcoin halving dates in 2016

2) Bitcoin Dominance

Got fucked with a few entries over the weekend as I did not expect this last push but my macro bias is still the same

- Bearish market structure on the HTF
- Still below our key resistance / range high
- December / Q1 generally bearish for Dominance

3) Bitcoin showing signs of exhausting

Weekly RSI overbought

Examples:
1) The 2016-2017 Bitcoin bull run when the RSI was this high
2) 2018-2020 price action / RSI

I don't trade based on the RSI but it's nice confluence for an existing idea

4) $ETH | $BTC

- Monthly support zone

5) $DOGE | $BTC

- At the lows where previously she bounced on since 2015

My plan:

- Scale into longer term strong FA coins

- Scale in slowly on higher time frame swings / higher time frame demand zones

- Wait for Reclaims where range lows / key levels broke down

- Keep it rational with just a few trading positions at the same time

I can definitely see a bigger drop on Bitcoin as trigger for another drop first in the Altcoin market first.

Make sure you ain't over allocating yourself at any point and keep clear invalidation levels while you understand the multiple scenario's