f-73

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

f-73 Aggiornato   
CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
* 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.
Commento:
Mind the minor rising wedge.

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.
Commento:
Breakout achieved.
Commento:

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

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


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


Fragile, be careful.
Commento:
The dominance bounce:

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.