📈📉 I'm Trading THESE 5 Altcoins TODAY!
👉 My GOLD Trade Played Out! Here Is My Next Move!
Hey Chart Hackers,
There’s movement in the market, and today I’ll be trading five altcoins based on the current trends I’m seeing.
Meanwhile, I’ve charted Bitcoin, and our gold trade from last week played out. I’ll share my next move today.
Let’s dive in!
Overview
Chart #1 - Cardano (ADAUSDT) 4-Hour
Chart #2 - Hedera (HBARUSDT) 2-Hour
Chart #3 - Jupiter (JUPUSDT) 8-Hour
Chart #4 - Hyperliquid (HYPEUSDT) 1-Day
Chart #5 - SUPRA (SUPRAUSDT) 6-Hour
Chart #6 - Bitcoin (BTC)
Chart #7 - Gold (XAUUSD) 8-Hour
Chart #1 - Cardano (ADAUSDT) 4-Hour
Chartist: Dylan’s Chart Hackers Team
(For the chart screenshot, click here.)
After entry (details below), we make our way back up. The TP is set at this point to cover the scenario of a lower high (based on previous wicks) in case the market loses steam and we don’t break 86c again. This 3:1 trade targets this zone. As we approach the TP, we have an option to manage our trade effectively. For scenario 2, where it breaks the high, we can move our stop loss into profits as price increases and adjust our TP above the 86c region, potentially increasing to a 4:1 trade. This will require active management, and levels can be taken from our charts on Discord as the week progresses.
Entry: $0.73–$0.75 region (marked by the two green lines)
Take Profit: $0.825 region (marked with long tool)
Stop Loss: $0.70 region (candle close below; marked with long tool)
T.A. Data to Support Trade:
Entry Data: Fib retracement drawn from the 7 April low to the 12 May high. The 0.382 pullback aligns perfectly with the entry, wicks, and channel. Looking left, this is a strong support area, making it a logical entry point. There is currently a SELL order, as marked by the red S, and the candles are still red, not pink. As we approach the entry, the color will change, and signs of a BUY signal will appear. On the oscillator, RSI is trending down after bearish divergent prints. We’ll look for signs like a green triangle reversal or orange OB print as we near the entry. We will also monitor the cashflow wave closely to confirm continued money flow into the token.
SL Data: Using Chart Prime indicators, the SL is set below the point of control, back inside the descending pattern/channel (invalidation of the breakout) and point of equilibrium. We could tighten the stop loss to just inside the channel around $0.72, but this increases the risk of being stopped out.
TP Data: As mentioned, the lower high TP (unmanaged trade) aligns with the resistance area marked by multiple wicks to the left. The managed TP takes us back up to the premium zone.
Be sure to monitor charts on Discord as candles print, where we will provide updates.
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Chart #2 - Hedera (HBARUSDT) 2-Hour
Chartist: Dylan’s Chart Hackers Team
(For the chart screenshot, click here.)
Bias: Bullish (Golden Cross Confirmed)
Laddered Entries:
Entry 1: $0.1922
Entry 2: $0.1798 (0.382 Fib)
Entry 3: $0.1657 (0.618 Fib / key demand zone)
Average Entry (est.): ~$0.179–$0.180
Take Profit Levels:
TP1: $0.23
TP2: $0.26
TP3: $0.29
Stop Loss: $0.1615 (below 0.618 Fib + structure low)
If you would like to find out more about using the Oscillator, join Chart Hackers and register for the Xcelerator course!👇
Chart #3 - Jupiter (JUPUSDT) 8-Hour
Chartist: Dylan
(For the chart screenshot, click here.)
The 8-hour chart suggests JUP can drop further, so ideal zones of interest for longs are: $0.48 and $0.44.
Once SOL breaks its current $180 resistance, I expect JUP to start playing catch-up with upside targets of $0.72–$0.78.
If you would like to find out more about using the Oscillator, join Chart Hackers and register for the Xcelerator course!👇
Good Morning Crypto
Yields are spiking, defying logic—could this ultimately lead to a Bitcoin surge?
PLUS: Discover 5 reasons why altseason is closer than you think in today's issue of Good Morning Crypto! 👇
Chart #4 - Hyperliquid (HYPEUSDT) 1-Day
Chartist: Dylan’s Chart Hackers Team
(For the chart screenshot, click here.)
HYPE is reaching the strongest level of resistance, consolidating and ranging between the yearly open and previous weeks' highs, and showing signs of a pullback on the daily/12H charts.
Bearish Scenario: Two Short Options
Option 1: Short triggers if HYPE pulls back and loses the rising trend highlighted.
Entry: $24.95 (on the bearish retest)
TP1: $23.00
TP2: $20.50
TP3: $18.90
Stop Loss: $26.76
Option 2: Short triggers after a push to previous weeks' highs at $26.30, followed by a bearish retest confirming a lower high.
Entry: $26.36 (on bearish retest)
TP1: $24.60
TP2: $23.00
TP3: $20.50
TP4: $18.90
Stop Loss: $28
If you would like to find out more about using the Oscillator, join Chart Hackers and register for the Xcelerator course!👇
Chart #5 - SUPRA (SUPRAUSDT) 6-Hour
Chartist: Dylan’s Chart Hackers Team
(For the chart screenshot, click here.)
SUPRA has been working diligently on fundamental developments and was recently a sponsor for the Crypto Banter event at Token 2049 in Dubai. It has seen a 100% rally from its lows and is currently at a strong level for a potential upside reaction.
Key Technical Points:
2H bullish divergence with a blue reversal dot on Chart Prime.
Point of Control (POC) visible on Chart Prime.
Bullish order block on the 6H timeframe on Chart Prime.
Hidden bullish divergence on the 6H timeframe on Chart Prime.
Support at the 50-day moving average.
0.382 Fibonacci retracement level, drawn from the recent low of $0.004 to the recent high of $0.008.
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Chart #6 - Bitcoin (BTC)
Chartist: Dylan
Bitcoin Dominance (BTC.D) 12-Hour
(For the chart screenshot, click here.)
BTC Dominance has turned bearish, now favoring altcoins. This suggests we should look for higher lows on any sell-offs. Currently reversing on the daily timeframe, I expect a push higher but ultimately a strong reversal and a second altcoin rally.
Zones of Interest:
63.2%
63.6%
A push into these zones could create short-term altcoin weakness, dropping them to lower levels. I cover these higher-timeframe setups regularly in Chart Hackers and on my daily trading show.
Bitcoin (BTCUSD) 1-Day
(For the chart screenshot, click here.)
Key levels of interest on the daily are $98,000–$99,000 and $92,000–$93,000, which seem probable given the bearish divergence print on the daily. The last time we had a daily bearish divergence print, BTC dipped slightly, then pumped 8% before the major downside move played out. If this pattern repeats, I expect BTC to take out its all-time high (ATH) and offer a great short opportunity around the $110,000 region before a significant move to the downside.
If you would like to find out more about using the Oscillator, join Chart Hackers and register for the Xcelerator course!👇
Chart #7 - Gold (XAUUSD) 8-Hour
Chartist: Dylan
(For the chart screenshot, click here.)
Last week, I discussed a gold reversal in two zones, expecting a stock and crypto run to push gold prices down.
Gold has now dipped into zone two, and I’m looking for a bounce in this region using $3,100 as support. The current crypto de-risking observed today is pushing gold prices up. On the last two occasions when a green reversal print appeared on gold, we saw substantial upside moves of 17% and 7%.
Once I see this print, I will add to my long position. See the original trade below.
If you would like to find out more about using the Oscillator, join Chart Hackers and register for the Xcelerator course!👇