Top Altcoins (13 charts)

31/10/2024

In this Top Altcoins report, I’ll cover the top-performing altcoins at the moment. You’ll also find a detailed trading plan, including entry points, profit targets, and stop-loss levels. If you have an altcoin you'd like to see covered in the next update, feel free to leave a comment or send me a message!

Bitcoin

Bitcoin is inching closer to an all-time high. Right now, the key levels to watch for Bitcoin are support at $70,000 and lower support at $65,000. If a breakout happens, it could be tricky, as we may see an initial "fakeout" like the ones in April and November of 2021.

Key levels to watch:

• Support: $70k

• Resistance: $74k

$BTC trade (TAKE PROFIT HIT)

• Support: $65k

• Stop Loss: $63k

• Take Profit: $70k

• Risk/Reward Ratio: 2.5

I did not enter this trade, but the price approached the support area and subsequently reached the take-profit target.

$BTC trade (NEW TRADE)

• Support: $70k

• Stop Loss: $68k

• Take Profit: $75k

• Risk/Reward Ratio: 2.5

Next, we'll dive into trade setups for 12 select Top Altcoins.