Top Altcoins (9 charts)

19/9/2024

Bitcoin saw a strong surge following the FOMC's announcement of a 50bps rate cut, with some altcoins also showing renewed momentum.

In this blog, I'll highlight two new altcoins that have demonstrated relative strength. But first, let's review the recent Bitcoin trade that successfully hit its take-profit target.

• Support: $56k

• Stop Loss: $53k

• Take Profit: $62k

• Risk/Reward Ratio: 2

I took profit on this trade.

The rest of this update is for paid subscribers and includes analysis of Bitcoin, Ethereum and 8 Top Altcoins.