Important Support Levels for Altcoins

We will identify the most important supports for 8 cryptocurrencies, using our indicators, TA and volume profile.

To make it clear, this analysis does not deduce that we are going to visit these levels, however knowing the critical levels in case markets keep going down will help us tremendously to manage our risk and to enter long or short positions with a much lower risk.

For this exercise I am using the weekly chart, which is much more powerful than the daily or smaller timeframes, so its importance is undeniable. It is important to consider that being the weekly TF chart, there may be large fluctuations in percentage when reaching these levels, so using high leverage can be dangerous.

BITCOIN

ETHEREUM

ADA

SOL

BNB

FTM

MATIC

ROSE