there are only a few altcoins that are mooning at the moment and it's such an obvious trade but everybody's missed it bull markets don't stay around forever so make sure you take note of these 12 altcoins that are performing very well at the moment and will likely continue to outperform in the short term all right let's get straight to the charts first one algorand so I use trading view for all of my chart analysis and the the reason I use it is just it has the best tools and software and when I'm analyzing a chart I always zoom out first so first all I like to go on a daily or a two- daily chart just to get a general idea of the trend and then I like to add volume at the bottom so you can see volume their volume profile at the bottom of the chart and I'm having a look at some of these coins that have been breaking out and I've been trading these because it's a really obvious trade once you get anything that breaking out impulsively impulsively I've discussed many times on my channel before but basically if you look through previous markets is anything like this green candles going up the way check is if you go into a smaller time frame like 15 minute or even an hourly what you'll see here very clearly on the way up this is what you want to see like off the lows you want to see impulsive movements and you want to see flag pullbacks impulsive movement flag pullback and you don't fade these coins it's very simple you buy on a pullback and you trade them and you ride the wave simple as that don't over complicate this there's a lot of people on social media over complicate these trades they talk about these coins and how much uh Revenue they're generating and how much user base there is and how many airdrops they did and all of that nonsense don't need to worry about any of that right now alaran is flagging and a lot of the ones I'm talking about today they're smart contract related layer ones mostly uh these types of coins this is just the sector that's doing well at the moment I don't know why and I don't care why um so this particular one you can see over the last well I would say 2 three days it's been flagging sideways so it's consolidating it's not impulsively moving down which to me suggests it has more to go so very likely it's going to do a larger correction pattern and then when it breaks out it's going to go on another run now all of these coins a lot of the ones I'm discussing today they are due a pullback but I'm hoping that this is more consolidation pullback like I'm showing you here because then we'll have plenty of movement to go and they've already been uh pumping for the last two 2 and a half even going on to 3 weeks which already I know it sounds crazy but that's a lot for allcoins so you have to be very careful they go through these Cycles where they pump for only a few weeks do do nothing for months pump for a few weeks nothing for months and then bull market over that's just how a cryptocurrency is so you have to be very very quick onto some of these coins and just remember again I'm going to mention it a few times through the video we are overdue a pullback on all of these coins all of the old coins and it could be starting right now at the end of kind of Thanksgiving so just be very very careful because it could be a significant pullback be patient only buy dips and if you're really new uh wait for everything to pull back first let's say it's now let's say it's all pulling back now wait for everything to turn around take your time and then buy one of the higher lows that would be the best way to kind of get your trade entry right you can just Apen now but if everything pulls back 30 40% or more across the board you're not going to be happy that's the first one next one cardano um crazy another dinosaur coin that's now breaking out for whatever reason we don't care um I've discussed this on my channel a few times before because it was this initial move which looked impulsive this initial five wve move we saw here so all the way back from June lows 1 2 3 4 5 great now it's had a very very deep pullback and now it's going on a next run now what you can do is very hard with cryptocurrency to estimate exactly where these runs are going to end but I think if this was the one two we're now doing a three which means we'll top out at some point do a four and then do a final five and that's it we're done and the minimum usually for a wave three is a 1. 618 and notice on the trend based FIB extension we've hit 1. 618 so again this could be due some pullback however with cryptocurrency all of the fibs the relationships they usually a lot more bullish so instead of 1618 you tend to hit 2618 rather 2236 or 2618 so if we keep moving even a tiny bit into this box here i' would be looking at these two levels for the very short term for the next few days to hit these first before we then do a consolidation if we're already going to start consolidating I expect price to go sideways retrace to a 382 and then we go for the final move so we're going to be sideways for a while actually probably uh weeks maybe even longer but the way it's looking in my opinion I think we might still get a little bit of a pushup but that's just an opinion I still trade the charts whatever I see on the charts if I see it start to sell off and consolidate that's it wait for everything to finish consolidating and then break out again so that's cardano AI Oz Network so this is a newer one uh beautiful impulsive move from the October lows all the way up to the peak in March where a lot of all coins had Peak but this was clearly very very impulsive nice pullback here and we've been looking impulsive but it looks like we've only just started if you actually look at the structure we've just broken alltime highs and now we're pulling back and hopefully we should get support on these alltime highs so again drop into smaller time frame 15 minute you can see reasonably impulsive off the top here and what you can do with the same extension so it's quite a sharp extension which is fine so you can get something called ABC uh pullbacks so uh a typical one we bounce on is the one to one so here so around the $1 level so I'm eyeing that up to see if that might be an area where we reverse and potentially can run again again it depends on how all coins are doing in general but even then some of the best performers on a day when everything else is red the best ones will still be green and a lot of the ones I'm discussing today they have been outperforming over the last few days or over the last few weeks that's why they're so good always back the winners don't wait around um hoping that some other rubbish altcoin will suddenly pick up because you know some influencer told you to don't do that actually better to follow the winners and jump in on their pullbacks it works so much better with cryptocurrency whether it's altcoins or even meme coins this strategy tends to work really well by the way how do you find these coins few ways to do it one coin market cap the on here just have all of them listed and all you do is you click on either seven days so you can see the ones that move most and notice ALG go xrp I'm going to discuss soon ens I'm going to discuss as well um a lot of these have been uh moving recently another way to do it is use banter Bubbles and here on banter bubbles I'll I'll link these all below as well what you can do is you can click on the type of coin so for example if we scroll down we click on layer one we can see what's been moving and we can do this by hour or we can do this by just today so if we click on today you can see a lot of stuff's in red but what's been moving look at H bar 47% and again that's on my watch list which I'll show you in just a minute two great ways to find the winners and like I said it's just it works much better follow the winnner since I've switched my strategy and I've just done that it ignored the fundamentals completely is working really well and there once you're in a trade and a lot of these I'm discussing today you can buy on all the centralized exchanges they're all on coinbase and binance so very easy to trade you can really put stop losses on if you want to or just write it up and wait for any kind of big selloff to happen and then once the sell off happens it you uh let it bounce and then you get out on that lower high so if you see a lower high form and you just get out of the position this is basic technical analysis and a really good way for you to trade in and out of positions next Kronos um and this one will zoom out to a daily this has been a really good performer for me same it's just gone vertical uh over the last 2 3 weeks and this particular one now very likely a continuation of this initial move we saw and you can see on a larger time frame we've moved and we've created a higher low very bullish and we've already broken that high very bullish again so very likely a lot of these coins are going to consolidate on that high that we broke February March and then from there again they're all due pullbacks like literally gone in a straight line so don't be surprised if some of these I'm discussing today will pull back first consolidate and then move but that's how how you trade that this is your skill now this is how you have to decide where you want to buy and where you want to sell so for me look at the previous Highs but also look at Fib retracement so for example with this particular one if we just let's say we're retracing the whole move for argument sake swing low to swing High look for common uh levels for pullbacks so common levels we've already broken through some of these so it might be deeper so look for 618 look for 0.
5 for example as well so if you continue to pull back look for bounces at these levels next PKA do very very old coin and this particular one like some of them actually made like sandbox as well some of them made fresh lows fresh lows are good as well because it gives a chance for a coin to completely reset and then it's very easy to do Ta on the coin because you just start in literally from brand new and you can say from brand new that so far what have we had we've had basically a one two move here and now we're doing likely a wave three so very very easy to trade so you do the uh you remember I said 1618 that's the first stop but this one look it spiked all the way to the 2618 which crypto usually does now we're having a pullback so where will the pullback be where will it end or has it ended already and we're moving up so take FIB retracement for this whole wave three and have a look now already we dipped to 0. 5 so very likely we we could would be running again but also the other thing is we could just have another dip a double bottom here at the5 7. 5 that would be the level in dollars and then we run like I said if everything has a pullback look for these dip buying opportunities when you've seen something already move impulsively like that and then it's flagging like that it's extremely bullish to buy uh that dip because very likely probability States we're going to follow this move and we're going to repeat it here at minimum 1 to one even if it was all a big correction minimum exactly this length to this length will repeat from here to here but maximum it could be a 2618 the final whole bull market could be 4.
2 or even a 10 from what this move was it could be 10x what this move was in terms of FIB relationships EOS another great performer and look at the bars at the bottom what are you seeing nothing here nobody cared and then suddenly massive volume over the last few weeks very nice impulsive move green candles pullback green candles pullbacks beautiful just buy on the pullbacks ride the wave now obviously you're going to get some resistance levels like I've said before so that March top that's going to be resistance so that's to keep an eye on so if we keep pushing we'll likely get some selling um into that and again as long as you're looking at pullbacks to buy in it's it's it's not really difficult trading to be honest with you and when you zoom out like what is the potential of some of these coins we're like nowhere like if you zoom out we're miles down like we're like literally 95% down from all-time highs um it's crazy crazy how low we are so really there's always risk when you're trading but like I said if you trade with a a stop- loss and this keeps running so you're in profit already um your risk quickly disappears once you're in profit you can literally it's a best sorry worst case scenario is a break even or small profit best case scenario is some of these coins just going absolutely crazy cuz the environment's good with with Trump everything crypto positive environment's really good for some of these old coins nobody knows what they do nobody cares uh for them to actually make good retracements all the way back up now with this particular one do I really think is going to go back and break alltime highs no I think best case you know we get a little corrective bounce a lot of the early investors VCS whatever probably trying to get out of their positions hoping it'll pump a bit more fine I don't care as long as it goes up a few multiples we'll all cash out here before retail comes that's fine ens ethereum name service again pumping because everything around that sector is pumping um this particular one you can see higher lows all the way back from August last year um not been moving particularly strong but recently volume's coming in and it's really starting to pick up last few days it's consolidating so let me show you what consolidation looks like so this is on a 30 minute reasonably impulsive move down fine that could be the a leg correct well looks like corrective up lower high almost like a flat so we're in a sideways box now ideally what you want is for it to just tag these lows ideally reset so we can go again that's that's the ideal here so that's what I'm looking for in this particular one xrps doing really well for me and this particular one uh again it's very well-known coin it's probably getting Shield a lot a lot now on YouTube as it has been doing the last few years anyway and with this particular one you have a look at the structure here we actually we've broken that high we saw in March 2021 so we're above that now so we're clear of that high we have to really Zoom out to like a weekly to get a better idea of the picture here because we're not far off alltime highs which is at 328 now a few ways we can look at this one problem for xrp a few issues a few reasons I don't like trading it or holding it at all main reason is every time it does anything for a couple of weeks it just dies off and then does nothing for years after so push up nothing for years pushup nothing for years I'm not talking days or weeks literally years could do nothing for so you know this is all technical analysis this is all probabilities what if a tags alltime highs does a flat so double top and then does nothing for years you always have to have that scenario in the back of your mind that's why I don't like holding it I like trading it taking profits and disappearing I I prefer that when it comes to xrp however if somehow cuz there is a way to count this as expanding diagonals here and here as well so technically if you look at it especially on a log chart you could say that this is some crazy like 7year accumulation one two we're now doing a three four like there is a count there and if we break above alltime highs and then flag and maybe even get support around alltime highs we're very very likely going to run a lot higher and then there's no resistance levels above so what happens when there's no resistance levels above we get into price discovery which can get pretty crazy and then market cap doesn't it just doesn't mean anything and multiples just doesn't mean anything you get these unrealistic moves and then you're going to get some crazy crazy sell-offs afterwards obviously but who knows when they will come so watch out for that watch out for it tagging and then disappearing into Oblivion so watch out for that as a definite scenario you have to be awake for but the other scenario again you have to be just open to it CU you don't know what's going to happen with policies um there's talk of an xrp ETF all of these sorts of bullish things usually they're top signs but anyway just be prepared for consolidation and potentially it could run like crazy with any of these coins you don't have to be married to an opinion you can just trade any scenario like if it consolidates like I was talking about xrp and you hold it and it keeps running just keep holding it who cares and if it starts selling off and you see these lower highs impulsive moves down just sell out and don't trade it again just keep it simple this one tezos again ancient coins I'm discussing here from before like two cycles ago and this one again on the when you zoom out not not doing much just now breaking out if you get onto a 15 minute you can see very very impulsive moves now this already had quite a bit of correction here and a lower high over the last few days and it's flagging sideways so in my opinion flag sideways where the M prevailing trend is down it's probably going to break down but where does it get support that's the interesting thing so again if we run fibs from this second move here we've already hit hit . 5 so might want to go deeper ideally you want it to hold here so you want it to hold about 1. 47 1.