10 Promising Trade Setups

2 min read September 29, 2023
Lenka Fetyko

10 Promising Trade Setups

In this article, we’ll explore ten intriguing trade setups in the crypto market, along with their profit potential. These setups have been identified by Richard Fetyko, CEO of altFINS in his trading video.

10 Profitable Trading Opportunities

Richard in his trading video also explains how to use price alerts to stay on top of these profitable trading opportunities:

  1. XLM – near support of Sideways Channel (18% profit potential)
  2. BCH – recent upgrade following a breakout from Channel Down (12% profit potential)
  3. TRX – in uptrend – set an alert for potential break above resistance (10% profit potential)
  4. DOGE – Descenting Triangle – nearing a breakout (11% profit potential)
  5. SOL – Approaching resistance – set an alert for breakout (20-30% profit potential)
  6. XMR – Ascending triangle – set an alert for breakout (10% profit potential
  7. KSM – Channel Down – set an alert for breakout (20% profit potential)
  8. AXS – Channel Down – set an alert for breakout (20% profit potential)
  9. MKR – Resistance breakout (25% profit potential)
  10. IMX – approaching support after massive breakout with big volume – wait for MACD histogram to inflect (40% profit potential)

 Trade Setup For XLM

XLM is trading in a Sideways Channel ($0.11-0.13), currently near support of $0.11 which is also near 200-day moving average. This could be a swing entry level with 18% upside potential to Channel resistance of $0.13.

Explore 63 Technical Analyses

Our trade setups and technical analyses for 63 top altcoins have recently generated solid gains for members including AAVE (AAVE) up +15%, Solana (SOL) up +45%, Maker (MKR) up +52%, Hellium (HNT) up + 28%, DOGE (DOGE) up +34%, Shiba Inu (SHIB) + 40%.
Find all bullish and bearish trade setups in our Technical Analysis (TA) section where we maintain TA on over 60 top altcoins.
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