The market situation is quite strange but as promised I will do a "technical analysis" for altcoins. There are some quite good opportunities but some of them are still very risky to buy because there isn't a good area or criteria to stick with.
To be said, and as you see from my ideas, almost all of them should come down a bit to reach the buying area. All areas are meant to trade with short-term bias and the targets are usually pointed with the arrow peak!
I can see/feel that the market can come down, to me it doesn't look like a sustainable bounce but still, the bearish pressure should back it up after the BTC price closes above 42-45k.
Top mentioned altcoins of "5th series of altcoin buying areas" are in front of you:
1) RIPPLE - XRP/USD
2) CARDANO - ADA/USD
3) LITECOIN - LTC/USD
4) SOLANA - SOL/USD
5) POLYGON - MATIC/USD
6) CHAINLINK - LINK/USD
7) STELLAR - XLM/USD
8) AVALANCHE - AVAX/USD
9) POLKADOT - DOT/USD
10) ETHEREUM - ETH/USD
11) HEDERA HASHGRAPH - HBAR/USD
12) DOGECOIN - DOGE/USD
13)* UNUS SED LEO - LEO/USD
14)* Ocean Protocol - OCEAN/USD
15)* TERRA - LUNA/USD
Stay healthy, Vaido
Note
It has started! Alerts on? Are you ready to buy from the bloody streets?
Note
MATIC, XLM almost reached but for me, the run is done so, cancel!
Trade closed: target reached
ADA short-term target reached, profit 40%+
Note
SOL short-term target reached, profit 40%+
Order cancelled
So,so sad! MATIC 100% profit missed, quite close
Note
LTC was another close call but missed :(
Note
Same story with XLM
Trade closed: target reached
LINK short-term target reached, profit 50%+
Note
XRP, AVAX, DOT, ETH, LUNA, and OCEAN - triggered and still running. Looking good for them!
Trade closed: target reached
ETH short-term target reached, profit more than 40%
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