Top Altcoin Playbook (14 picks)
14/11/2024
Hey everyone,
What a big week it's been! Bitcoin surged to $93K, showing its dominance across the market. Meanwhile, the list of Top Altcoins keeps expanding as more begin to show strong charts. This momentum is likely to continue for the strongest players in the space.
However, be carefull with altcoins that haven't showed any real strength yet. It's better to cut your losses on underperformers and focus on adding to the winners we've highlighted in this report!
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's recent breakout isn’t a “fakeout” but rather a strong upward move.
On the 4-hour chart, it’s showing a parabolic advance with only shallow pullbacks, staying above its 20 moving average and 8 exponential moving average.
No major resistance levels above right now, but the first strong support zone is around $87,000. If prices drop further, the $73,000 area remains a key level to watch.
Key Support & Resistance Levels:
Bitcoin ($BTC): Support around $73,000, awaiting confirmation of higher resistance.
Ethereum
Ethereum Update ($ETH):
Ethereum broke past $2,800 and is continuing to climb. The next expected pause is around $3,400, where it might form a temporary range.
Key support levels:
$2,800 for support
$3,400 for resistance
Key Support & Resistance Levels:
Ethereum ($ETH): Support around $2300, resistance at $2800.
Next, we'll dive into trade setups for 14 select Top Altcoins.
