Many altcoins are close to bottoming, if not bottomed already. Here are some of my top buys right now in preparation for the next impulse wave UP:
1) POPCAT POPCATUSDT Popcat is looking bullish with higher lows, holding the diagonal trendline well. I'd look at dollar-cost-averaging with two orders, one on the trendline as well incase the price doesn't drop as low.
2) SUI SUIUSDT Looking good after a strong V-shaped recover and making higher lows, which is a bullish sign. I'd say first major resistance is 90c - if we can close candles ABOVE and towards 96c, I'd say more increase is very likely.
Just keep an eye on BTC. Wouldn't want to see a fake-out above 90c just to get another drop. So a conservative approach is closes above 96c zone.
3) LINK LINKUSDT Chainlink is an old-timer, and a safe bet for the next bullish impulse wave.
4) RUNE RUNEUSDT Another top-pick for 2024. I' be happy to buy anywhere between these two zones:
5) RNDR RENDERUSDT I'd like to hope we'll see a lower entry on Render, but if the price keeps closing above the upper white trendline it's unlikely we'll drop to the lower buy zones
6) DOGE DOGEUSDT An altcoin compilation wouldn't be an alt compilation without Doge! Happy to buy between these two zones:
7) FTM FTMUSDT My ideal buy zone would be the middle area, I doubt we'll see the lower zones soon
8) NEAR NEARUSDT I'd be happy to buy anywhere between these two zones:
There are MANY more, but for the sake of time and space... let's get started with these!
_____________________________________________
Comment
9) SHIB SHIBAUSDT
My take on Shiba. Might be in range/sideways trading for some time, but from a fractal perspective it is usually followed by another impulse wave UP.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.