Main scenery:
I know this is contrary to the BTC-USD bullish scenery, because there is an evident correlation between Cryptocurrencies, but technically there appeared a Top with strong Probability base (83% Technical chance).
The Target Shell is the zone of 416/412 (the purple arrow/ box), might be a Wave 5 down (in the beginning).
Alternative (The red one):
If the maximum of 712 is broken, the next stop will be 909/917 zone, retaking the Bullish trend in correlation with BTC-USD and the rest of Cryptocurrencies.
I know this is contrary to the BTC-USD bullish scenery, because there is an evident correlation between Cryptocurrencies, but technically there appeared a Top with strong Probability base (83% Technical chance).
The Target Shell is the zone of 416/412 (the purple arrow/ box), might be a Wave 5 down (in the beginning).
Alternative (The red one):
If the maximum of 712 is broken, the next stop will be 909/917 zone, retaking the Bullish trend in correlation with BTC-USD and the rest of Cryptocurrencies.