📈📉 I'm Going Long On THESE 4 Altcoins NOW!
PLUS: Time To Short THIS Memecoin?
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Hey everybody,
We’re kicking off the week with major headlines. Elon Musk’s new political party could reshape U.S. politics, and our dip-buying thesis on TSLA from the last update still holds. Meanwhile, Trump is sending tariff warning letters today and threatening BRICS nations with an additional 10% hike.
We’re braced for both pumps and dumps, as too many high-impact events are on the calendar this week—expect extreme volatility.
My ideas today include four crypto longs, one crypto short, and one breakout stock play.
Let’s go!
Kapoor
Overview
Chart #1 - XRP (XRPUSDT) 8-Hour
Chart #2 - Worldcoin (WLDUSDT) 8-Hour
Chart #3 - Bonk (BONKUSDT) 8-Hour
Chart #4 - Dogecoin (DOGEUSDT) 8-Hour
Chart #5 - Ethereum (ETHUSDT) 8-Hour
Chart #6 - 3M Company (MMM) 1-Day
Chart #1 - XRP (XRPUSDT) 8-Hour
Chartist: Kapoor
(For the chart screenshot, click here.)
The Senate’s ruling on July 9 could classify XRP as a commodity. A favorable decision may trigger a breakout.
Entry: $2.18
Take Profit (TP):
TP1: $2.48 (+13.7%)
TP2: $2.59 (+18.8%)
Stop Loss: $2.03
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Chart #2 - Worldcoin (WLDUSDT) 8-Hour
(For the chart screenshot, click here.)
Down 90% from ATH, but stablecoin activity on World Chain is up 25% over the past seven days—a clear sign of accumulation.
Entry: $0.84
Take Profit (TP):
TP1: $1.30 (+54.7%)
TP2: $1.60 (+90.4%)
Stop Loss: $0.60
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Chart #3 - Bonk (BONKUSDT) 8-Hour
(For the chart screenshot, click here.)
BONK is up 75% from recent lows and now near resistance. There is a high risk of reversal if sentiment shifts, so this is my short idea for the day.
Entry: $0.00002468
Take Profit (TP):
TP1: $0.00001902 (+22.9%)
TP2: $0.00001583 (+35.8%)
Stop Loss: $0.00002774
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Chart #4 - Dogecoin (DOGEUSDT) 8-Hour
(For the chart screenshot, click here.)
Elon’s political entry could bring attention back to DOGE. If it rejects resistance, I’ll buy the pullback.
Entry: $0.15
Take Profit (TP):
TP1: $0.20 (+33.3%)
TP2: $0.23 (+53.3%)
Stop Loss: $0.13
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Chart #5 - Ethereum (ETHUSDT) 8-Hour
(For the chart screenshot, click here.)
ETHBTC is showing strength and altcoins may follow if ETH leads the rally.
Entry: $2,463
Take Profit (TP):
TP1: $2,587 (+5.0%)
TP2: $2,717 (+10.3%)
Stop Loss: $2,366
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Chart #6 - 3M Company (MMM) 1-Day
(For the chart screenshot, click here.)
MMM is testing resistance for the fifth time since January and forming an inverse head-and-shoulders. Q1 earnings were strong (+61% YoY).
Entry: $146
Take Profit (TP):
TP1: $154 (+5.5%)
TP2: $162 (+11.0%)
Stop Loss: $140
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Banter’s Take
As we mentioned in the beginning, this will likely be a week of extreme volatility. We could see sharp breakouts one minute and brutal snapbacks the next, so we need be prepared accordingly!
Stay safe my friends!
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