ALTCOIN REVIEW by Artem Shevelev — 10 August 2021

Hey, in the past 24h altcoin market responded well to Bitcoin price rise.
According to Binance exchange there is at least 10 altcoin pumped +20-70%.

In this review I collected few altcoins which have not pumped too much, and located at relatively good point for buying / holding and profits might be amazing
Before we go to alts, remember to use capital risk wise and calculate your maximum loss before trade. Let's go!


First chart to watch is ICP / BTC

ICP showing solid Adam & Eve bottom pattern and possible breakout from it, looking for levels above 1800 and might reach closely to 2000.
If the price goes below 1300, I would recommend stopping the trade.


The next chart is about GRT / BTC

GRT is making a solid downtrend channel / wedge shape and might go for a breakout to retest the 2000 resistance zone. In the long term price can dip below 1300 where I located the next buy zone for holders. Keep your fingers crossed :)


Third chart is for XTZ / BTC

Tezos is holding well in the support zone, forming a nice wedge and might go higher in this resistance zone. I am looking for resistance near 8000-10000. But before reaching it, xtz seems to have an opportunity to reach the 6000 support zone, which is quite good for long-term buyers.


And last chart for today is for MDT / BTC

MDT chart located pretty low and gives nice range for making mid-term trades
safe-side entry near 65-60 zone and with targets at 95 - 130 - 170


Keep your trades on the safe side, market conditions are constantly changing.
See you in next updates

Best regards
Artem Shevelev

Comment:

+16% profits for GRT / BTC / USDT so far! Congratulations ✅