$SUI $LTC $DOGE 🎯 My BUY & SELL levels

Hey everyone, welcome to today’s Altcoin Bible. As always, if you want to watch the full version of this episode where I dive into the charts in more depth, I also cover Bitcoin, where I see things sitting, and needless to say, a lot can change in 24 hours. My tune has completely changed from when I looked at the market yesterday to the full reversal we got overnight, early this morning.

We’ve 100 day moving average on Bitcoin, so as long as that is the case, I’m very risk averse.  If that changes and Bitcoin is back moving up, I think a lot of these altcoin setups that looked like they were bottoming yesterday will continue upwards. But there’s some altcoins out here that look okay and still look like they have a bit of strength versus some others which are continually moving a little bit lower and we’re sort of moving into a support turn resistance situation where the rallies are moving into now that resistance and we might be going lower or at least we’re starting to just chop around and find that bottom because in all honesty the capitulation  that we’ve seen on altcoins recently has been pretty horrific.

I’m not saying you can’t get another drawdown in these things, absolutely not but we just have to remember how smashed the market is and it won’t take much for it to move up and it won’t take much for it to just stand still. So if Bitcoin has a move down of You know, 10, 20 percent maybe to 90, 70, 80, 000, who knows?

It’d be very, very fascinating to see how altcoins behave. I still think they, they drop, but do they fully recover that wick that we’ve seen? Of like, Sui is a great example. He has this massive wick there. Do they go lower than that? I’m not sure. I reckon they wick into that area, maybe go lower, form a lower, a lower low, but the RSI is making strong bullish divergence.

We have a. An escape out of that. Okay. We will say, so it’s very difficult to find a cherry ripe this week based on how the charts look. They’re all kind of either forming a bottom or, you know, some look better than others, but very few are moving sort of into a resistance flip support situation. So they’re going to be the ones that I’m focusing on and also recent relative strength.

Now, Suey has. And you know, for a long time now, since 2024 most of 2024 was a really, really strong crypto relative to Bitcoin. That’s where the focus is and it’s constantly on my, you know, Bitcoin pair list on, on strength. And I’m looking at the USD chart. So the USD chart  seems to be front running the Bitcoin charts.

You guys have followed these sessions, know that I talk about that a lot. The Bitcoin chart is the strongest chart. So if you get confirmation and a move out on that one, then I think that’s the chart to be watching, but watching the USD chart can also be helpful because it may give you an insight to, you know, this is showing a bit of life.

Now I go over and look at the Bitcoin chart and go, all right, it is now looking really good on that chart. It’s flipping a resistance support. I think this has legs, you know, that’s the type of thinking you can look at. If we think of SUI here the USD downtrend was broken in my view back over here on the 10th of Feb.

You can see that there. And what it’s done.  Which I really like. It’s flipped this resistance overhead into a support level. You can see here, this through here, it’s now gone up and confirmed here. It’s also closed above, I think it did anyway no it hasn’t yet. Once it gets above that 10 EMA on the USD, I think it’s going higher.

Right now though, it’s in sort of breakout, now coming back just to confirm the breakout. That’s what I like. If you’re looking for entries, I think.  Still have to be a little bit careful, but I think there’s a reasonable risk reward buying into the support and down here as well. Does it get back to the 200?

Well, probably if Bitcoin has its, you know, moves down a little bit lower. But you know, Suey’s trying to move. Safer entries would be up here, but ultimately above these. See this moving average here and this moving average there and also this peak. Yeah, get above this level here and that’s anything above 4 really.

If you get that flip resistance in sport, that’s where you can get really aggressive because after that it’s likely going higher and there’s a higher high, higher low uptrend. That’s the way I’d be looking at it. You know, take profit levels. I would just be looking where the volume is.  And I think overhead, if you’re buying down here, you want to be taking a little bit of profit around the 4 mark and then 4.

80 and then, you know, we’ll see where it goes around there. Now, danger zone for this week, you can kind of use this as a bit of a mirror for the more high spec section of the crypto class including meme coins. I’m just going to look at Dogecoin just as an explainer of what I’m seeing and what I don’t like.

Now that said, this could very well be the bottom for Doge. But we need to wait for confirmation for that and why this is a danger zone. It’s right on edge. So we can see this in a lower high, lower high downtrend. It’s had that really big crush and it’s trying to climb its way back out. But what has it done?

Well, it was curling up quite nicely and this candle here ran straight to the 10 EMA and overhead resistance. So supporting our 10 resistance. It’s run right back into that and got. Conclusively rejected. You see that wit coming down. So what Dogecoin needs to do here for me to get sort of interested in it again or bullish, flip that.

So close above the 10 EMA and the support, close somewhere above here around 27 cents. That’s where I’d be buying it if I’m honest. But here it looks like she wants to go down and play with the 200. Maybe lower than that. You could find some entries a bit lower. Again, your conviction matters. Your conviction on Doge is strong.

Then you might be looking to buy a little bit more blood or just wait simply for the overhead to flip. That’s the best way to look at these assets in my view in this market. If it’s, especially if they’re not being Bitcoin. Overhead would be to sell you maybe about that 3 30 cents rather. And then the massive volume support resistances at 37 cents.

Alright, Litecoin is an interesting case because we know it’s shown a lot of recent relative strength, which is fantastic. And we know there’s an ETF likely coming probably the first cab off the rank in terms of the approval. So that matters and there’s a bit of strength in the market after that big capitulation week down here.

It’s climbing, but it is running into overhead resistance. Also, it’s So close to a weekly downtrend. Breakout against Bitcoin, but it hasn’t done it yet. And this is where you can get yourself in a lot of trouble trying to front run it. It’s always better to wait for the actual break. So here all I want to see is a flip of that for the breakout.

You know, these peaks matter get on top of that. I think that’s good after that point. Also, you’d see the RSI here, but you still want to manage risk and just be careful. But that’s where I get interested. Also, if you’re just looking for maybe value when we get in a little bit early, it’s all about positioning here and managing risk guys.

But here at support is actually a really good spot might get down to the shorter term moving averages at the 20 and the 10. All of these will just catch up might just hold itself up here until it’s ready to go. And you could get something in the volume cluster in here, but I’d be a bit worried if it gets into this area that she’s trying to weaken and go lower.

But if you’re looking for, you know, where these. Cryptos might start showing, you know, that sustainable move. Go to the Bitcoin chart. Again, Litecoin is so close to breaking out its weekly downtrend. It’s been in a, essentially a forever weekly downtrend versus Bitcoin, and it is super, super close to breaking out.

So if it does flip that, and the USD chart is looking bullish as well, I think it’s very, very a very, very interesting coin to watch for potential outperformance in the short to near term because of the, the ETF. Now just as well, overhead potential profit taking zones, we’ll just do the Fibonacci extension.

So low of the move to the high, to the pullback that’s where I can see Litecoin going. And it seems like every cycle Litecoin tends to go back to 100 and lower, and then go up to 200, 250, and then go into a bear market. So 185, 197. 220 is probably where I’m looking and if it’s got a real head of steam 250.

So Yeah, and the rsi should follow that. All right guys. Hope you have a wonderful day. We’ll catch you again soon Bye