[Watch it] Possible altcoins market bounce looming. Watch 0.618.

403
* 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.
Note
Mind the minor rising wedge.

Zoom:
snapshot

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.
Note
Breakout achieved.
Note
snapshot

Volume?
Note
Comment: 800B reached, up 13% since OP.

snapshot
Note
Watch 810B as it's resistance ( FIB 0.5 of previus bounce )
Note
Meanwhile, dominance:

snapshot

Watch it.
Note
No volume and lost its channel.
At support again.

snapshot

Fragile, be careful.
Note
The dominance bounce:

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.