🚀🔥 Don’t forget to FOLLOW & hit the ROCKET button for more weekly altcoin setups! 🔥🚀
♦️ Weekly Altcoin Analysis – XRP, BNB, SOL, DOGE, ADA ♦️
Starting this week, I will publish weekly analyses of the top coins on CoinMarketCap.
Since I analyze BTC and ETH daily, this review will begin from the third coin onward.
💎 XRP
🚀 Entry Trigger: Breakout above 3.25 – entering here makes the breakout of 3.33 easier.
⭕ Resistance: 3.33 may act as a strong barrier.
❗ Stop-Loss: 2.90
💎 BNB
✅ Entry Trigger: The entry level was 786.1, which has already been surpassed.
🔄 Plan: Wait for a pullback, formation of new highs and lows, and then breakout of the new high.
💎 SOL
🚀 Entry Trigger: 192.5 for long positions.
❗ Stop-Loss: 176.4 (around 8% lower).
💎 DOGE
❓ Entry: No clear trigger yet.
⭕ Suggestion: Possible entry at 0.25 with lower capital and strict risk management.
❗ Stop-Loss: 0.221004
💎 ADA
🚀 Entry Trigger: Breakout above 0.8405.
❗ Stop-Loss: 0.7591.
🔥 Key Notes:
1️⃣ All setups are based on the 4H timeframe.
2️⃣ A drop in BTC dominance below 60.83 and then 60.42 = confirmation for holding long positions and a new trend formation.
3️⃣ TOTAL, TOTAL2, TOTAL3, and USDT.D levels remain the main factors for confirming these setups (explained in my previous analysis).
4️⃣ ⭕ Caution: There’s a high chance of fake breakouts and stop-outs in these positions. Use risk and capital management.
👇 Make sure to read my complete market, BTC & ETH analysis in the link below. 👇
🚀🔥 FOLLOW & smash the ROCKET to keep these analyses coming! 🔥🚀
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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.
Related publications
Disclaimer
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.