This is a massive week for crypto, with the first rate cut since 2020 taking place on Wednesday.
There are a few altcoins which look PRIMED to take off if the market responds positively.
Here are the 5 coins I'm most closely watching this week.👇
There are a few altcoins which look PRIMED to take off if the market responds positively.
Here are the 5 coins I'm most closely watching this week.👇
This is a new weekly series where I share my top charts of the week.
Last week's trades were a resounding success!
We had $FTM (+20%), $OM (+27%) and $SUNDOG (+30%) which were all top performers last week.
Well done to everyone that got involved. 👏
Last week's trades were a resounding success!
We had $FTM (+20%), $OM (+27%) and $SUNDOG (+30%) which were all top performers last week.
Well done to everyone that got involved. 👏
I'm back this week for a new batch of charts.
This week is bound to be volatile with Wednesday's rate cut.
If there is expansion, these are some of the altcoins I'm most interested in longing (not just this week, but for the short-mid term).
This week is bound to be volatile with Wednesday's rate cut.
If there is expansion, these are some of the altcoins I'm most interested in longing (not just this week, but for the short-mid term).
1. $AAVE
DeFi has experienced a resurgence over the past month, with AAVE leading the charge with a +25% increase.
If the narrative continues to gain strength, AAVE is definitely a token worth keeping a close eye on.
DeFi has experienced a resurgence over the past month, with AAVE leading the charge with a +25% increase.
If the narrative continues to gain strength, AAVE is definitely a token worth keeping a close eye on.
2. $JTO & $JUP
These are 2 Solana DeFi plays which are both bouncing from the bottom of their ranges.
Covers both the Solana + DeFi narrative.
These charts were posted by one of our analysts @docXBT in @mileshighclub_ (my private community for exclusive crypto alpha).
These are 2 Solana DeFi plays which are both bouncing from the bottom of their ranges.
Covers both the Solana + DeFi narrative.
These charts were posted by one of our analysts @docXBT in @mileshighclub_ (my private community for exclusive crypto alpha).
3. $SUI
SUI has been a clear leader on the L1 front and is dominating mindshare right now.
Any retest of the $1 region are likely to be buys for a continuation into the $1.40 region.
This chart was posted by our head LTF trader @paradisexbt_ in @mileshighclub_.
SUI has been a clear leader on the L1 front and is dominating mindshare right now.
Any retest of the $1 region are likely to be buys for a continuation into the $1.40 region.
This chart was posted by our head LTF trader @paradisexbt_ in @mileshighclub_.
4. $ZRO
As the leading interoperability play, ZRO interests me for two reasons.
1. It's relative strength vs the rest of the market, and:
2. The fact it has zero unlocks until July 2025.
Break above the $4 region, and it has a clear run at highs.
As the leading interoperability play, ZRO interests me for two reasons.
1. It's relative strength vs the rest of the market, and:
2. The fact it has zero unlocks until July 2025.
Break above the $4 region, and it has a clear run at highs.
5. $FOXY
This one might be a slower burn than some of the aforementioned tokens, but we're starting to see a strong reaction from lows (next resistance is +54% from here).
As we head closer to the Linea airdrop, I think this can accelerate as the leading meme.
This one might be a slower burn than some of the aforementioned tokens, but we're starting to see a strong reaction from lows (next resistance is +54% from here).
As we head closer to the Linea airdrop, I think this can accelerate as the leading meme.
I also think some last week's performers (FTM, OM, SUNDOG) still have upside.
So if you got entries last week, you can probably ride these for the short-mid term as long as you're implementing risk management (i.e. moving stop to break even if you're up).
So if you got entries last week, you can probably ride these for the short-mid term as long as you're implementing risk management (i.e. moving stop to break even if you're up).
If you want to know exactly when myself (and the other analysts) open/close these trades (+ many more), check out @mileshighclub_.
I hang out there all day dropping alpha!
And make sure to follow me @milesdeutscher to catch next week's charts.💙
I hang out there all day dropping alpha!
And make sure to follow me @milesdeutscher to catch next week's charts.💙
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