Altcoins I'm Going LONG On Now: SOL, SUI, AVAX & RENDER
Altcoins I'm Going LONG On Now: SOL, SUI, AVAX & RENDER
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights
  • Bitcoin (BTC): The near-term bias is bullish, with a possible move to $84,000–$85,000 this week; consider scaling in near support rather than chasing, and watch $77,000 as a potential pullback level.
  • Solana (SOL): Scale in gradually, with planned buys at $98–$99; the setup targets $104 and potentially $120, with the trade invalidated near the $93–$94 stop area.
  • Render (RENDER): Consider a staged entry near $1.67, targeting $1.95–$2.00; manage risk around the low $1.60s.
  • Avalanche (AVAX): A starter position with another buy at $8.75 targets an initial 10%–12% move; the stated risk area is $8.40–$8.50.
  • Keep altcoin positions small and add only on pullbacks or confirmed breakouts; volatile crypto assets can fall sharply, and stop levels do not guarantee a capped loss.
Detailed Analysis

Bitcoin (BTC)

  • The speaker was bullish after a positive weekly close and expected a possible move to $84,000–$85,000 during the week.
  • The near-term plan was to start positions near support rather than chase a rally. The speaker identified support at current levels and another possible support near $77,000.
  • The described path was a relief bounce, a pause or higher low, and then a possible continuation upward. The speaker also pointed to short liquidity around $81,000–$82,700 as a potential catalyst for a quick move higher.

Takeaways

  • The speaker’s view is bullish but conditional: the price levels and path described are chart-based expectations, not guaranteed outcomes.
  • $77,000 was identified as a level to keep in mind if Bitcoin pulls back; the speaker said this possibility informed the spacing of stops on altcoin positions.

Solana (SOL)

  • The speaker had opened a starter position, with additional buy orders planned around $98–$99.
  • The described setup was a potential bounce toward $104, followed by a higher low and a possible move toward $120.
  • The speaker said the stop-loss area was around $93–$94 and planned to add more only if the trend confirmed a breakout.

Takeaways

  • The speaker’s plan was to scale in rather than commit the full intended position at once, with a defined stop-loss area.
  • The levels are part of the speaker’s trade setup; a move below the stated stop area could invalidate it.

Sui (SUI)

  • The speaker had opened a starter position and planned another entry lower down, without specifying an exact second-entry price.
  • The chart setup cited a descending four-hour wedge, the 200-day moving average, and a Fibonacci level as reasons for interest.
  • The stated stop-loss was $0.87. The speaker expected a possible 20% initial move in altcoins but gave no specific SUI price target.

Takeaways

  • The speaker viewed SUI as a higher-volatility position and said less capital was allocated to it.
  • The stated approach was to begin small, add only at a lower level or on a confirmed trend break, and monitor the $0.87 stop area.

Avalanche (AVAX)

  • The speaker had opened a starter position and placed another buy order at $8.75.
  • The stated stop-loss area was $8.40–$8.50.
  • The first expected move was described as roughly 10%–12%; the speaker planned to reassess if price reached that area.

Takeaways

  • The speaker’s setup relied on a staged entry and a defined stop-loss area.
  • The 10%–12% figure was described as an initial move, not a guaranteed return or a longer-term price target.

Render (RENDER)

  • The speaker had opened a starter position and planned another entry around $1.67.
  • The stop-loss was described as being in the early $1.60 range.
  • The first target area was $1.95–$2.00, with the possibility of holding longer if the broader trend broke upward.

Takeaways

  • The speaker saw a potential short-term trade from the entry area toward $1.95–$2.00, while identifying the low-$1.60s as the risk boundary.
  • The longer-term outcome was presented as dependent on whether price confirms a broader breakout.

XRP

  • The speaker said XRP was near the 200-day moving average and a Fibonacci support level, and advised watching for a break of the current trend.
  • No specific entry price, stop-loss, or target was given.

Takeaways

  • The transcript offers XRP as a watchlist idea rather than a defined trade. The speaker’s stated confirmation signal was a trend break.

Injective (INJ)

  • The speaker described Injective as short-term bearish and was watching for a move toward the low-$7 range.
  • They said they were waiting for a lower entry area before considering additional trade setups.

Takeaways

  • The speaker’s near-term stance was cautious, with the low-$7 area identified as a possible level of interest rather than a guaranteed destination.

Arweave (AR)

  • The speaker said Arweave was approaching major support and a Fibonacci level.
  • The proposed setup was to watch for a four-hour trend break before considering a long position. No price target or stop-loss was specified.

Takeaways

  • The speaker’s approach was to wait for a trend-break confirmation rather than enter solely because the token was near support.

Immutable X (IMX)

  • The speaker said Immutable X might be starting to break upward, but gave no entry, target, or stop-loss levels.

Takeaways

  • This was a brief watchlist mention, not a fully specified trade setup.

Compound (COMP)

  • The speaker said COMP had returned to around $20 and was spot buying it near the 200-day moving average.
  • They specifically said they were not leverage trading COMP.

Takeaways

  • The speaker’s stated preference was to hold COMP as a spot position rather than use leverage. No time horizon or price target was provided.

Cardano (ADA)

  • The speaker said Cardano looked acceptable as a spot buy, but was not one of their preferred tokens for trading at that time.
  • They noted a possible four-hour breakout but gave no price levels.

Takeaways

  • The transcript presents ADA as a lower-conviction watchlist idea, with no defined trade parameters.

NEAR Protocol (NEAR)

  • The speaker described NEAR as slightly bearish in the short term, despite noting that it had been strong previously.
  • No entry, target, or stop-loss was given.

Takeaways

  • The speaker’s near-term view was cautious; the transcript does not outline a specific trade.

Algorand (ALGO)

  • The speaker noted that ALGO was near the 200-day moving average and highlighted a trend to watch.
  • No specific entry, target, or stop-loss was provided.

Takeaways

  • The mention was a chart-watch idea rather than a defined recommendation.

Hyperliquid (HYPE)

  • Hyperliquid was used as an example of how a prior price area can turn into support.
  • The speaker did not give a specific HYPE trade, entry, or target.

Takeaways

  • HYPE was cited as a chart-pattern comparison, not as a clear trade recommendation.

Gold and Stock Markets

  • The speaker said they were bullish on gold and stock markets, but provided no specific companies, securities, price targets, or timelines.

Takeaways

  • These were broad market views only; the transcript does not identify a particular gold investment or stock-market instrument.

Altcoin Market and Trading Strategy

  • The speaker expected a possible 20% initial bounce in altcoins and said Bitcoin dominance could decline, which they believed might support a faster altcoin rally.
  • They described opening small starter positions, adding on pullbacks or trend-break confirmations, and keeping spot holdings separate from leveraged trades.
  • For longer-term spot holdings, the speaker cited a three-to-twelve-month horizon. For leveraged trades, they said they typically sought the first move—often under 20%—and might take profit unless the broader trend supported holding longer.
  • The speaker described using 10x–20x leverage with only a small portion of the portfolio, while emphasizing stops and preserving cash for additional entries.

Takeaways

  • The central strategy was to scale in gradually and wait for confirmation rather than invest the full intended amount immediately.
  • Leverage can magnify losses as well as gains. The speaker’s use of small position sizes and stop-losses does not eliminate the risk of rapid losses, especially in volatile altcoins.
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Video Description
Sheldon is opening new altcoin positions today and starting to build his portfolio as bullish momentum returns to the crypto market. In this episode, he reveals every coin he's looking at, explains his strategy, and breaks down the current market conditions. With altcoins showing renewed strength, could the next move deliver another 20% upside? Sheldon shares the levels and opportunities he's watching, why he's approaching the market this way, and what traders should keep an eye on as momentum develops. Is this the beginning of a bigger altcoin rally? ______________________ 🎁 𝗦𝗣𝗜𝗡 𝗧𝗢 𝗪𝗜𝗡 - 𝟭 𝗼𝗳 𝟮𝟬 𝗶𝗣𝗵𝗼𝗻𝗲 𝗗𝘂𝗼𝘀 + 𝗥𝗲𝘄𝗮𝗿𝗱 𝗨𝗽 𝘁𝗼 $𝟭,𝟬𝟬𝟬! 👉 Join here: https://rewards.cryptobanter.com/r/sheldon 🎯 𝗦𝗡𝗜𝗣𝗘𝗥 𝗖𝗟𝗨𝗕 - 𝗧𝗿𝗮𝗱𝗲 𝗦𝗺𝗮𝗿𝘁𝗲𝗿! 𝗪𝗶𝗻 𝘄𝗶𝘁𝗵 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆, 𝗻𝗼𝘁 𝗟𝘂𝗰𝗸! ☑️ Your daily hub for trading insights, trade ideas, and community. 👉 𝗕𝗲𝗰𝗼𝗺𝗲 𝗮 𝗦𝗻𝗶𝗽𝗲𝗿: https://sniperclub.net/JoinSniperTradingYT 🚀 𝗜𝗡𝗦𝗘𝗥𝗧.𝗧𝗥𝗔𝗗𝗘 - 𝗧𝗿𝗮𝗱𝗲 𝗖𝗮𝗹𝗹𝘀 𝘁𝗵𝗲 𝗠𝗼𝗺𝗲𝗻𝘁 𝗧𝗵𝗲𝘆 𝗟𝗮𝗻𝗱! 👉 Free for Sniper Club members: https://app.insert.trade/ ______________________ 𝗧𝗥𝗔𝗗𝗘 𝗪𝗛𝗘𝗥𝗘 𝗦𝗛𝗘𝗟𝗗𝗢𝗡 𝗧𝗥𝗔𝗗𝗘𝗦! ⬇⬇⬇⬇⬇⬇ 🇹🇷 𝗪𝗘𝗘𝗫 - 𝗧𝗿𝗮𝗱𝗲 𝘁𝗼 𝗪𝗜𝗡 𝗮 𝗚𝗼𝗹𝗱𝗲𝗻 𝗖𝗮𝗽𝗽𝗮𝗱𝗼𝗰𝗶𝗮 𝗚𝗲𝘁𝗮𝘄𝗮𝘆!!! 🎁 Trade futures on WEEX for a chance to stay in a cave suite, ride a hot-air balloon and fly first class to Turkey! 👉 𝗧𝗿𝗮𝗱𝗲 𝗻𝗼𝘄: https://bit.ly/WEEX-Cappadocia-Getaway 📅 Event period: Oct 21 – Nov 04, 2026 🟨 𝗕𝗬𝗕𝗜𝗧 - 𝗚𝗿𝗮𝗯 𝗮 $𝟱𝟬 𝗦𝗶𝗴𝗻-𝗨𝗽 𝗕𝗼𝗻𝘂𝘀 + 𝗘𝗮𝗿𝗻 𝘂𝗽 𝘁𝗼 $𝟯𝟬,𝟬𝟬𝟬 𝗶𝗻 𝗗𝗲𝗽𝗼𝘀𝗶𝘁 𝗕𝗼𝗻𝘂𝘀𝗲𝘀! 👉 Sign up: https://bit.ly/bybit-sheldon 🟩 𝗞𝗔𝗟𝗦𝗛𝗜 - 𝗧𝗿𝗮𝗱𝗲 $𝟱𝟬 & 𝗚𝗲𝘁 𝗮 $𝟮𝟱 𝗕𝗼𝗻𝘂𝘀 + $𝟱𝟬𝟬 𝗪𝗲𝗲𝗸𝗹𝘆 𝗚𝗶𝘃𝗲𝗮𝘄𝗮𝘆!!! 👉 Sign up: https://kalshi.com/p/sheldon ✅ Trade Leveraged Perps in 190+ countries 🟧 𝗕𝗟𝗢𝗙𝗜𝗡 – 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗡𝗼𝘄 𝘁𝗼 𝗚𝗲𝘁 𝗮 $𝟵𝟬𝟬 𝗙𝗿𝗲𝗲 𝗣𝗼𝘀𝗶𝘁𝗶𝗼𝗻 𝗧𝗿𝗮𝗱𝗲 +𝟮𝟬% 𝗗𝗲𝗽𝗼𝘀𝗶𝘁 𝗕𝗼𝗻𝘂𝘀! 👉 No KYC! Sign up: https://blofin.com/invite/Sheldon 🟥 𝗧𝗢𝗢𝗕𝗜𝗧 - 𝗗𝗲𝗽𝗼𝘀𝗶𝘁 𝗮𝗻𝗱 𝗧𝗿𝗮𝗱𝗲 𝘁𝗼 𝗪𝗶𝗻 𝗨𝗽 𝘁𝗼 𝟲𝟬,𝟴𝟱𝟬 𝗨𝗦𝗗𝗧 𝗮𝗻𝗱 𝗠𝗼𝗿𝗲!! 🎁 New users will receive a 50 USDT Bonus! 🎁 Plus, get a 20% rebate when you deposit! Up to 800 USDT! 👉 𝗦𝗶𝗴𝗻 𝘂𝗽: https://bit.ly/Toobit-Sheldon ⬛️ 𝗩𝗔𝗥𝗜𝗔𝗧𝗜𝗢𝗡𝗔𝗟 𝗢𝗠𝗡𝗜 - 𝗧𝗿𝗮𝗱𝗲 𝘄𝗶𝘁𝗵 𝗭𝗲𝗿𝗼 𝗙𝗲𝗲𝘀 + 𝗚𝗲𝘁 𝗮 𝗕𝗮𝗻𝘁𝗲𝗿 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝟭𝟱% 𝗣𝗼𝗶𝗻𝘁𝘀 𝗕𝗼𝗼𝘀𝘁! 1️⃣ Connect your wallet: https://omni.variational.io 2️⃣ Once your wallet is connected, use code: OMNISNIPER 🚨 Note: If you don’t use the code above, you won’t get the 15% Points Boost! 🟦 𝗙𝗢𝗠𝗢 - 𝗚𝗲𝘁 𝗘𝗫𝗖𝗟𝗨𝗦𝗜𝗩𝗘 𝟭𝟬% 𝗢𝗙𝗙 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗙𝗲𝗲𝘀! 1️⃣ Sign up: https://fomo.family/r/SheldonSniper 🟪 𝗕𝗜𝗧𝗙𝗨𝗡𝗗𝗘𝗗 - 𝗨𝗻𝗹𝗼𝗰𝗸 𝗔𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝗕𝗶𝗴𝗴𝗲𝗿 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗙𝘂𝗻𝗱𝘀! 👉 Sign Up: https://sheldonxbitfunded.com ______________________ 𝗙𝗢𝗟𝗟𝗢𝗪 𝗦𝗛𝗘𝗟𝗗𝗢𝗡! ⬇⬇⬇⬇⬇⬇ 👉 𝗫: https://x.com/Sheldino_D 👉 𝗜𝗻𝘀𝘁𝗮𝗴𝗿𝗮𝗺: https://bit.ly/sniper-insta 👉 𝗔𝗹𝗹 𝗦𝗼𝗰𝗶𝗮𝗹𝘀: https://linktr.ee/sheldon_the_sniper 📺 𝗦𝗛𝗘𝗟𝗗𝗢𝗡 𝗧𝗛𝗘 𝗦𝗡𝗜𝗣𝗘𝗥 - 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹 𝗬𝗼𝘂𝗧𝘂𝗯𝗲 𝗖𝗵𝗮𝗻𝗻𝗲𝗹! 👉 https://www.youtube.com/@officialsnipertrading 🏆 𝗦𝗡𝗜𝗣𝗘𝗥 𝗚𝗜𝗩𝗘𝗔𝗪𝗔𝗬𝗦!! 👉 Email: sniper.giveaways@cryptobanter.com ______________________ 👁️‍🗨️ 𝗖𝗿𝘆𝗽𝘁𝗼 𝗕𝗮𝗻𝘁𝗲𝗿 𝗮𝗯𝗶𝗱𝗲 𝗯𝘆 𝘁𝗵𝗲 𝗳𝗼𝗹𝗹𝗼𝘄𝗶𝗻𝗴 𝗰𝗼𝗱𝗲 𝗼𝗳 𝗰𝗼𝗻𝗱𝘂𝗰𝘁: 👉 https://www.cryptobanter.com/our-ethics/ We take our code of ethics very seriously and have engaged @zachxbt (https://twitter.com/zachxbt) to monitor our progress. If you feel we’re not living up to it and have hard evidence please mail ZachXBT directly at reportcb@protonmail.com (mailto:reportcb@protonmail.com) ⚠️ 𝗕𝗘𝗪𝗔𝗥𝗘 𝗢𝗙 𝗦𝗖𝗔𝗠𝗠𝗘𝗥𝗦 𝗜𝗡 𝗢𝗨𝗥 𝗖𝗢𝗠𝗠𝗘𝗡𝗧𝗦 𝗔𝗡𝗗 𝗖𝗢𝗠𝗠𝗨𝗡𝗜𝗧𝗬 𝗖𝗛𝗔𝗡𝗡𝗘𝗟𝗦 ________________________ Crypto Banter is a live-streaming channel that brings you the hottest crypto news, market updates, and fundamentals of digital assets. Join the fastest-growing crypto trading community to get notified on the most profitable trades and the latest crypto market updates & news!! 📝 𝗗𝗶𝘀𝗰𝗹𝗮𝗶𝗺𝗲𝗿: Crypto Banter is a social podcast for entertainment purposes only. All opinions expressed by the hosts, guests, and callers should not be construed as financial advice. Views expressed by guests and hosts do not reflect the views of the station. Listeners are encouraged to do their own research. #Crypto #Bitcoin #Altcoins #Solana #SUI #AVAX #Sheldonthesniper ⏱ 𝗧𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀: 00:00 Is a Strong Altcoin Bounce Incoming as Bullish Momentum Returns 01:56 Can Bitcoin (BTC) Reach $84,000 to $85,000 After a Bullish Weekly Close 04:53 What Weekly and Daily RSI Signal for a Bitcoin (BTC) Relief Bounce 07:00 How to Size Leverage Trades Using Only 2-4% of a Portfolio 08:36 Solana (SOL) Buy Zone at $97 to $101; Can Price Push to $120 11:48 Sui (SUI) Descending Wedge Breakout With a Stop Loss at $0.87 13:09 Render (RENDER) Bounce From the 200-Day MA and 0.618 Fib Toward $2 15:48 Avalanche (AVAX) Entries at $8.75 With Stop Losses Near $8.40 17:24 Spot vs Leverage Accounts; How to Manage Risk on Altcoin Trades 19:00 Will a Bitcoin Dominance Drop Trigger a Fast Altcoin Rally 20:44 Is XRP (XRP) Ready to Break Out From the 200-Day MA 🎬 𝗪𝗮𝘁𝗰𝗵 𝗦𝗵𝗲𝗹𝗱𝗼𝗻'𝘀 𝗙𝗥𝗘𝗘 𝗖𝗿𝘆𝗽𝘁𝗼 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗟𝗲𝘀𝘀𝗼𝗻𝘀: https://www.youtube.com/watch?v=YGBLIYXXoOA&list=PLmOv2_vzOoGcTirwpJoyhGrYRnv1CRyIa 🎬𝗠𝗼𝗿𝗲 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗮𝗻𝗱 𝗔𝗹𝘁𝗰𝗼𝗶𝗻 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗪𝗶𝘁𝗵 𝗦𝗵𝗲𝗹𝗱𝗼𝗻: 🎞️𝗗𝗼𝗻'𝘁 𝗠𝗶𝘀𝘀 𝗧𝗵𝗶𝘀 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗕𝘂𝘆𝗶𝗻𝗴 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆: https://youtu.be/6i8eGCPpTTU 🎞️𝗧𝗼𝗽 𝗔𝗹𝘁𝗰𝗼𝗶𝗻𝘀 𝘁𝗼 𝗔𝗰𝗰𝘂𝗺𝘂𝗹𝗮𝘁𝗲 𝗕𝗲𝗳𝗼𝗿𝗲 𝘁𝗵𝗲 𝗡𝗲𝘅𝘁 𝗣𝘂𝗺𝗽: https://youtu.be/Pan8QCYrjTM
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