Top Altcoin Playbook (13 picks)
21/11/2024
Bitcoin just hit $97K, yet my timeline feels bearish—likely because many are holding altcoins that haven’t been moving. It’s true that altcoins have been lagging, with Bitcoin dominance climbing to new highs.
However, the altcoins I cover in this report have been performing exceptionally well over the past few weeks. Standouts include SOL, TRX, OM, SUI, DOGE, RAY, and more.
We’re now in a phase where holding some of these coins in spot positions without stop losses is the smarter play. Personally, I’m holding several from this list in spot, with no plans to sell until their charts turn bearish. Meanwhile, a smaller portion of my portfolio remains active for trading these same altcoins.
In this Top Altcoins Report, I’ll break down the best-performing altcoins right now. You'll also get a detailed trading plan with clear entry points, profit targets, and stop-loss levels.
If there’s an altcoin you’d like covered in the next update, drop a comment or send me a message!
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$SC
Siacoin is sitting right at support around the 0.0055 level, which is a critical area to watch. If it drops below this support, I would cut loss. On the upside, there’s strong resistance at 0.008, which could cap short-term gains.
While this setup might work for a trade, I wouldn’t recommend holding it in a spot position. There are stronger charts out there with better risk-to-reward opportunities. Keep it on your radar for potential trades, but prioritize stronger-performing altcoins for long-term holds.
Bitcoin
No signs of a deeper pullback yet on the weekly or daily charts—momentum looks strong!
Key levels to watch:
Support: $92K
Resistance: None overhead
If bears gain control: $87K is the level to watch, with $78K as deeper support.
Ethereum
Ethereum Update ($ETH):
Slight improvement, but still lagging behind Bitcoin’s performance.
Key levels:
Support: $2800
Resistance: $3500
Next, we'll dive into trade setups for 13 select Top Altcoins.
