Top Crypto Analyst Issues Bullish Alert, Says One Ethereum Rival Could Explode by 100%

A extensively adopted crypto dealer believes that one top-10 altcoin may double in worth amid a crypto market bounce.

Pseudonymous crypto analyst Bluntz tells his 223,000 Twitter followers that he’s “liking” Solana (SOL) after the Ethereum (ETH) competitor accomplished an Elliot Wave Concept three-wave correction sample in addition to bounced from a serious help degree.

In line with the Elliott Wave principle, the primary development within the worth motion of an asset happens in a five-wave sample whereas a correction happens in a three-wave sample.

“One of many altcoins I’m liking right here is SOL.

Stable robust response from a serious help degree, clear three-wave transfer down on excessive time frames.

I feel this has potential for 100% upside and I not often name shit like that.”

Solana is buying and selling at $16.75 at time of writing.

Turning to Bitcoin (BTC), the pseudonymous analyst says that the flagship crypto asset is flashing a bullish sign on the day by day chart.

“Lovely downtrend/bull flag breakout on day by day.

I feel it’s time to start out taking some extra threat once more.”

A bull flag sample sometimes indicators that the uptrend which was underway previous to the worth descent is about to renew.

Bitcoin is buying and selling at $28,840 at time of writing.

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