BTC shortterm: now, if I apply a Modified Schiff Pitchfork onto the handle of the big daily cup, I can see how the price moves from one side to another.

I can see, that it has already reached the upper limit line of the pitchfork, so if the trend continues, it is likely just to go down towards the lower limit line.

It takes the price about 5-7 days to move from the lower limit to the upper limit or vice versa.

Meanwhile, there is a harmonic pattern in 4h format being fromed and a ready dragon signal, so the price has some upwards potential.

I means that we need to watch closely now: if the price goes outsides the pitchfork upper limit, it will probably go upwards to the dragon tail level (or to the D-point of our harmonic pattern); if it doesn't - it will just go down towards the lowest line of the pitchfork within the next 6-7 days.

Many popular altcoins generally follow the trend of BTC (though they react in different ways to the movements of BTC inside smaller time periods), so I take the above mentioned considerations into account when analysing their trends.