* Close to 0.618 retracement of the overall leg up from 2020
* Such area already tested twice
* TD count 8
* Stoch / RSI close to oversold
* Negative CMF seemingly painting a bottom
So watch altcoins market as if 0.618 holds it may bounce within next few days.
* Such area already tested twice
* TD count 8
* Stoch / RSI close to oversold
* Negative CMF seemingly painting a bottom
So watch altcoins market as if 0.618 holds it may bounce within next few days.
Comment:
Breakout achieved.
Comment:
Volume?
Volume?
Comment:
Comment: 800B reached, up 13% since OP.
Comment:
Watch 810B as it's resistance ( FIB 0.5 of previus bounce )
Comment:
Meanwhile, dominance:
Watch it.
Watch it.
Comment:
No volume and lost its channel.
At support again.
Fragile, be careful.
At support again.
Fragile, be careful.
Comment:
The dominance bounce:
Zoom:
Can fail to go straght up and retrace, eventually.
Hence giving some further opportunity.
Look either for a breakout or for a speculative entry closer to support.
Don't forget to set a SL.