Patience Paying Off for Altcoins
Top Altcoins (10 charts) - 22/8/2024
Our altcoin trades have seen positive price action since the last update. Two trades successfully reached their take-profit targets, proving that patience has paid off.
This creates fresh opportunities to open new positions. In today's edition, I’m sharing 10 charts with detailed trade setups—3 are new, and 7 are ongoing.
At the end of the post, you’ll find my selection criteria and details on the trading information you can expect.
Additionally, I’ve highlighted key levels to watch for Bitcoin and Ethereum.
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Top Altcoins (10 charts)
Daily chart levels to watch:
(* means it's a stronger altcoin)
$SOL $127 area support
Stop loss at 98.29
Take profit at 188.93
Risk / Reward ratio: 2.16
Solana is still absorbing the big move that began around $20, so it needs more time to consolidate. I'm not in any hurry and will let this trade continue to play out.
