Panic Drop

Panic Drop

Top Altcoin Playbook (23 picks)

Panic Drop -  Timothy Assi's avatar
Panic Drop - Timothy Assi
Dec 05, 2024
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Bitcoin finally did it. It blasted through $100k, likely marking the start of a new leg higher. It’s been a real roller coaster, and I’m sure many fell off along the way, so give yourself a pat on the back if you’re still holding.

Just for fun, here’s a video where I discussed the possibility that Bitcoin had bottomed and ended the bear market (at $22k). I’m not great at making YouTube videos, so forgive me for the lack of quality!

Calling the Bottom on Bitcoin (3/2023)

In this Top Altcoins Report, I’ll highlight the best-performing altcoins of the moment and provide you with a detailed trading plan. This includes clear entry points, profit targets, and stop-loss levels tailored to current market conditions.

To be transparent, I believe that now is actually a better time to hold onto the altcoins featured here until I remove them from the watch list. Given the current high volatility, I’m also widening the stop-loss levels. This approach gives trades more flexibility and room to develop into profitable positions.

If there’s an altcoin you’d like me to cover in the next update, feel free to drop a comment or send me a message!

Bitcoin ($BTC)

Bitcoin continues to demonstrate impressive strength, with a beautiful response on the 4H chart at $95K. This "spring" move, combined with an outside bar, propelled the price above 100K.

However, caution is warranted. A loss of the $98.5K level could signal an upthrust and potential weakness. For now, the trend remains bullish as long as price action stays above key support levels.

Key Levels to Watch:

  • Support: $95K, $98.5K

  • Resistance: /

Consolidation above $100K would strengthen the setup for a continued move higher. The daily and weekly charts remain overextended but favorably bullish.


Ethereum ($ETH)

Ethereum is showing promising potential, but $ETHBTC hasn’t seen significant reversion yet. To regain momentum, Ethereum needs to flip $3850, which would open the door for a move toward the next range at $4050.

Key Levels to Watch:

  • Support: $3500

  • Resistance: $3850, $4050

Ethereum remains one to watch closely. A successful flip of $3850 would signal further strength and potentially align with Bitcoin's momentum.

Next, we'll dive into trade setups for 23 select Top Altcoins.

At the end I also mention all altcoins I own in my eToro and memecoin portfolio.

Check out all the charts!

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