I'm Dreaming of a Red Christmas
This chart shows 5 of the major alts (ones with enough and history to chart this far back) against BTC . If history repeats itself, and they come down to meet my green arrow, it should offer an OTE on a wide array of altcoins. However, the yellow, or red fib lines may be all we get due to the increased market activity this year. But the depression caused by most of the market being on holiday, needing money for presents, and simply not paying attention means it should offer good long entries across the board regardless of the surrounding circumstances.
Altcoins roasting on an open fire...
There's a chance we're running ahead of schedule. I'm entering small here and will add if we keep moving up.
Still prepared for another leg down in alt/btc pairs if BTC blows up hard.
Christmas might just give a good entry point - not necessarily the best one.