4 Altcoin technical analysis for a friend: Synereo ($AMP), Ripple ($XRP), Stellar ($XLM) and Tron ($TRON).

A big friend that I really respect and care about asked me about 4 altcoins yesterday, decided to start the day with simple analysis to check how it looks by a TA point-of-view.
All the coins are trading on Binance and a bunch of other exchanges..

Let's go!

Synereo ($AMP)

$AMP is the best looking so far:

fractal from last year is on track.
I'm in, if it repeats will top between may and june
From here could make at least a 100%.
there's a burn incoming and good fundamentals.

support levels: 2831 sats and 1196 sats

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Also trading on Cryptopia

Stellar Lumens ($XLM)

the downside is strong on this one but could trigger an interesting short-term trade if this uptrend holds.
though I'd watch the supports really close, specially 2866 sats, but if it looses 3058 sats I'd sell it.
only holding if it goes inside the cloud

weekly chart doesn't look so bad. forming a cup and handle, maybe?

4h pulled the trigger for a nice and easy E2E for fast 10% gains:

Ripple ($XRP)

meh.
If orange box fractal confirms (and it looks really simmilar imo) here can be a great spot to short
If you want to long better to wait for confirmation (price higher than 9460 sats)
If it breaks orange special support on 7755 sats it's time to GET OUT!

Tron ($TRON)

not exactly what I'd buy, so I'm not taking this trade, but it doesn't look that bad.
momentum seems to be changing, RSI oversold on the daily. curious to see if it'll break this resistance.

support seems to be holding at 380-400 sats
I'd enter here with a 2/1 risk reward and see if it can go higher than my first target at 599 sats.
tight 22ish% stop on 299 sats.

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disclaimer: I have a position only in Synereo ($AMP) and these are not financial advise.
I don't know what I'm doing.
play safe and remember: crypto can be dangerous! never invest more than you can afford to loose.

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