8-ALT outlook
FIL, DOT INJ, ARKM, and TAO may be still in accumulation area judging by volume profile and VWAP.
However, DOT seems to have relatively more risks as it has comparably smaller retrace and price is above both POC and VWAP.
FIL, INJ ARKM and TAO seems to be most promising to due to 0.5 retraces, price being at either POC, or VWAP or both. TAO seems attractive due to potential reaccummulation
LINK and ARB seems too extended, FET also looks unconvincing
However, DOT seems to have relatively more risks as it has comparably smaller retrace and price is above both POC and VWAP.
FIL, INJ ARKM and TAO seems to be most promising to due to 0.5 retraces, price being at either POC, or VWAP or both. TAO seems attractive due to potential reaccummulation
LINK and ARB seems too extended, FET also looks unconvincing
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BTC pair outlook gives additional encouragement
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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.