From a technical perspective, we can see that it had a 5-wave correction followed by a break-out of a . It's trying to establish a new trend. All indicators show room to grow and lean towards the positive side.
We will have to watch and monitor KING BTC . There are multiple ALT coins hugging key resistance levels. And if the day trend is down for BTC . A rejection of the can take place. Entry is around this region or on a thru break above and a touch of previous resistance. Rest of the info is shown on the chart. Goodluck