#TOTAL3/GOLD

Chart illustrates altcoins performance in relation to gold.

Now hovering between Value Area Low and Point of Control. Before the recent expansions, this area was used as accumulation zone.

Also near the 36RSI level, this is bear-trap RSI, my favorite bull-ignition level.

Would like to see some bullish divergences formed near here to build more confidence.

Notes:
1) Should the ratio break above the VAH - raging bull.
2) Ratio breaks below VAL - 25% correction.