Depending on what Altcoin will do in correlation to BTC remains to be seen. Nevertheless, there are positive signals enough to look for a position. All the boxes on the chart are possible entry points. With the obvious one at the bottom of the channel highlighted. This is looking at a 4hr timeframe.
The daily is showing room for further growth. Apart from the phoenix that tells us a deeper correction is possible. Looking at the chart now that can be a classical correction forming up end at the bottom of the channel or a second trendline that is on the chart. That trendline is currently not shown.
At the moment we are facing 20MA resistance. Goodluck