Bitcoin (BTC) is struggling to sustain above $50,500 but that has not stopped the altcoins from following in Ether’s (ETH) footsteps after the top-ranked altcoin hit $4,000 am September. 3. This has pushed Ether’s market dominance above 20% while Bitcoin’s dominance has shrunk to 41.1%.

jedoch, Bitcoin’s hesitation in the past few days has not altered the outlook of Bloomberg senior commodity strategist Mike McGlone who has retained a $100,000 target on Bitcoin and $5,000 on Ether.

Tagesansicht der Kryptomarktdaten. Quelle: Coin360

Apart from the top two cryptocurrencies, the nonfungible token (NFT) sector had been attracting investor’s attention since July. Cointelegraph contributor Jordan Finneseth recently suggested that the recent drop in transaction volumes and a few other reasons could be signaling a rotation of capital from NFTs to the decentralized finance sector.

Schauen wir uns die Charts der Top-5-Kryptowährungen an, die kurzfristig eine Outperformance erzielen können.

BTC / USDT

Bitcoin brach über dem $50,500 resistance on Sep. 3 schlagen $51,000 but the long wick on the day’s candlestick suggests a lack of buying at higher levels. That was followed by a Doji candlestick pattern on Sep. 4, Hinweis auf Unentschlossenheit zwischen den Bullen und den Bären.

BTC / USDT-Tages-Chart. Quelle: TradingView

The negative divergence on the relative strength index (RSI) suggests that the bullish momentum may be weakening but the upsloping moving averages indicate that the path of least resistance is to the upside.

If buyers drive the price above $51,000, the BTC/USDT pair could resume its uptrend. Die erste Station könnte sein $55,000 but if this resistance is crossed, the up-move could reach $60,000.

Umgekehrt, wenn der Preis von der $50,500 zu $51,000 Widerstandszone, Das Paar kann auf den exponentiellen gleitenden 20-Tage-Durchschnitt fallen ($47,998).

This is an important support for the bulls because if it cracks, Das Paar kann zwischen dem Bereich bleiben $46,200 und $50,500 für ein paar Tage. Eine Pause und unten schließen $46,200 could sink the pair to the 50-day simple moving average ($43,291).

BTC / USDT 4-Stunden-Chart. Quelle: TradingView

The price has been trading between the 20-EMA and the overhead zone. This tightening of the range is likely to result in a strong breakout soon. If buyers push the price above $51,000, the bullish momentum could pick, signaling the resumption of the uptrend.

Alternative, if the price slides below the moving averages, it will suggest that bears are aggressively defending the overhead resistance zone. Das könnte den Preis senken $46,200. A bounce off this support could keep the pair range-bound for some more time but a break below it will indicate that bulls may be losing their grip.

LTC / USDT

The bulls are attempting to push and sustain Litecoin (LTC) über dem Oberleitungswiderstand bei $225.30. Wenn sie erfolgreich sind, it will complete a rounding bottom pattern that may start a new uptrend.

LTC / USDT-Tages-Chart. Quelle: TradingView

The long wick on the Sep. 4 candlestick showed selling near the overhead resistance but the positive sign is that bulls did not cede much ground. They are again attempting to overcome the overhead hurdle.

Wenn sie den oben genannten Preis halten können $225.30, the LTC/USDT pair could start an up-move to $300 and later to the pattern target at $347.30. Die steigende 20-Tage-EMA ($184) and the RSI in the overbought zone indicate the path of least resistance is to the upside.

This bullish view will invalidate if the price turns down from the current level and breaks below the 20-day EMA.

LTC / USDT 4-Stunden-Chart. Quelle: TradingView

The 4-hour chart shows the bears tried to stall the up-move at the overhead resistance at $225.30 aber die Bullen gaben nicht viel Boden auf. This suggests that buyers continue to accumulate on any minor dip.

Both moving averages are sloping up and the RSI is in the overbought zone, indicating that bulls are in command. A break and close above $225.30 könnte die Türen für eine Kundgebung öffnen $250.40. Umgekehrt, a break and close below the 20-EMA will be the first sign of weakness.

FIL/USDT

Filecoin’s FIL token has broken above the overhead resistance at $98 heute. This completes a rounding bottom pattern, suggesting the start of a new uptrend. The bottoming formation has a pattern target at $156.

FIL/USDT daily chart. Quelle: TradingView

Die 20-Tage-EMA ($79) has turned up and the RSI has soared above 81, indicating a possible trend change. Meistens, the breakout from a major pattern retests the breakout level. In diesem Fall, the price may drop to $98.

If bulls flip the $98 Stufe in die Unterstützung, the FIL/USDT pair could resume its uptrend. Andererseits, if bears pull and sustain the price below $98, es wird darauf hindeuten, dass der jüngste Ausbruch eine Bullenfalle war. The pair may then drop to the 20-day EMA.

Wenn sich der Preis von dieser Unterstützung erholt, the bulls may once again try to propel the price above the overhead resistance and resume the uptrend. The bears will have to sink the price below the 20-day EMA to gain the upper hand.

FIL/USDT 4-hour chart. Quelle: TradingView

The 4-hour chart shows a strong momentum in favor of buyers. That has pushed the RSI deep into the overbought territory, indicating the possibility of a minor correction or consolidation in the short term.

If bulls do not give up much ground, it will suggest that traders are not booking profits as they anticipate another leg higher. That will increase the likelihood of the resumption of the uptrend.

jedoch, Die Bären haben wahrscheinlich andere Pläne. Sie werden versuchen, den Preis nach unten zu ziehen $98 und fang die aggressiven Bullen ein.

FTT / USDT

FTX-Token (FTT) brach über dem vorherigen Allzeithoch bei $63.13 am Sep.. 1 and followed it up with a new all-time high at $70.72 am Sep.. 2. A new all-time high is a sign of strength but the bulls have not been able to sustain the price above the breakout level at $63.13.

FTT / USDT-Tages-Chart. Quelle: TradingView

This suggests that bears have not yet given up and are attempting to stall the up-move. The negative divergence on the RSI suggests that the bullish momentum may be slowing down.

Wenn Bären den Preis nach unten ziehen $57.93, the FTT/USDT pair could drop to the 20-day EMA ($53). A strong bounce off this level will suggest that bulls are accumulating on dips. The buyers will then again attempt to push the price above the $63.13 zu $70.72 Widerstandszone. Wenn sie das schaffen, das Paar konnte sich versammeln $84.

This positive view will invalidate if the price breaks below the 20-day EMA. Such a move will suggest that the recent breakout above $63.13 war eine Stierfalle.

FTT / USDT 4-Stunden-Chart. Quelle: TradingView

The 4-hour chart shows the formation of a descending triangle pattern, which will complete on a break and close below $59. This bearish setup has a pattern target at $47.50. The flat 20-EMA and the RSI just above the midpoint do not give a clear advantage either to the bulls or the bears.

If buyers drive and sustain the price above the downtrend line, it will invalidate the bearish pattern. The price may then rally to $65 und später zu $70.72. A breakout and close above this level could start the next leg of the uptrend.

verbunden: Nigeria plant CBDC-Einführung, Salvadorianische Rentner protestieren gegen das Bitcoin-Gesetz, Twitter fügt Trinkgeldfunktion für BTC und ETH hinzu: Hodlers Digest, August. 29-September. 4

IOTA/USD

JOTA (SEIT WANN) rallied sharply from $0.96 am Sep.. 1 zu $2.08 am Sep.. 4. This up-move pushed the RSI above 82, suggesting that the rally was overextended in the short term.

MIOTA / USDT-Tages-Chart. Quelle: TradingView

The MIOTA/USDT pair is currently witnessing profit-booking and it may drop to the first support at the 38.2% Fibonacci Retracement Level bei $1.64. A strong rebound off this level will suggest that traders are buying on minor dips.

Die Bullen werden dann noch einen Versuch unternehmen, den Preis nach oben zu drücken $2.08. Wenn sie erfolgreich sind, Das Paar konnte an Fahrt gewinnen und sich auf den Weg machen $2.40 und dann $2.67.

Alternative, if bears pull and sustain the price below $1.64, the next stop could be in the zone between the 50% Retracement-Level bei $1.51 und die 61.8% Retracement-Level bei $1.38. A deeper correction could delay the start of the next leg of the uptrend.

MIOTA / USDT 4-Stunden-Chart. Quelle: TradingView

The long wick on the 4-hour chart above the psychological barrier at $2 shows that bears are attempting to defend this level. Profit-booking may pull the price down to the 20-EMA, das wird wahrscheinlich als starke Unterstützung wirken.

If the price rebounds off the 20-EMA with strength, it will suggest that the sentiment remains positive and bulls are accumulating on dips. The buyers will then try to resume the uptrend by thrusting the price above $2.08.

A break and close below the 20-EMA will be the first sign of weakness. That may open the doors for a further decline to $1.50.

Die hier geäußerten Ansichten und Meinungen sind ausschließlich die des Autors und spiegeln nicht unbedingt die Ansichten von Cointelegraph wider. Jeder Investitions- und Handelsschritt ist mit Risiken verbunden, Sie sollten Ihre eigenen Untersuchungen durchführen, wenn Sie eine Entscheidung treffen.