Na The Daily Hodl - 11 marama ki muri - Te Wa Panui: 2 meneti
Top Trader Says Ethereum on Cusp of Breakout Against Bitcoin, Predicts One Surging Altcoin Has More Fuel in Tank
A popular crypto trader is expressing bullish sentiment on Ethereum (Tuhinga) when paired against Bitcoin (BTC).
Pseudonymous crypto analyst Bluntz ka korero his 223,100 Twitter followers that the Ethereum/Bitcoin (ETH/BTC) pair could be on the verge of breaking out.
According to Bluntz, Ethereum is likely to rally strongly against Bitcoin if and when the breakout occurs.
“ETH/BTC potentially on the cusp of a major breakout.
Unsure if it does or not just yet but if it does it will be game time for ETH.”
Puna: Bluntz/TwitterBased on Bluntz’s attached chart, it appears that the ETH/BTC pair has formed a falling wedge pattern which is typically considered bullish.
Ethereum is trading at 0.06897834 BTC, or $1,849, at time of writing.
Tahuri ki te Bitcoin/US dollar pair, the pseudonymous crypto analyst ta that the flagship digital asset has flashed a danger sign after falling below a key support level.
"Bitcoin back into the breakout range, that’s never a good sign. Might be time to cut some exposure again.”
Puna: Bluntz/TwitterBitcoin kei te hokohoko i te $27,080 i te wa e tuhi ana.
Bluntz also offers his take on the blockchain indexing protocol The Graph (GRT) which has rallied by slightly more than 10% over the past seven days.
According to the crypto trader and analyst, The Graph has more upside potential after pakaru mai of a falling wedge pattern.
“Major $0.13 [level] resistance now cleared on GRT and has done nothing but go up since that clear channel breakout. One of my favorite structures to trade hands down…
Still plenty of juice in the tank in my opinion.”
Puna: Bluntz/TwitterKei te hokohoko te Kauwhata i te $0.129 i te wa e tuhi ana.
Kaua e ngaro tetahi Patu - Ohauru ki te tuku matohi i nga imeera crypto kua tukuna totika atu ki to pouaka pouakaTirohia Mahi Price
A pee i tatou i runga i Twitter, Facebook a waea
Surf Te ranu Hodl ia ra
Tirohia nga Upoko Panui Hou
Whakakahoretanga: Ko nga whakaaro i whakaatuhia i The Daily Hodl ehara i te tohutohu haumi. Me whai whakaaro nga kaipakihi i mua i te whakangao haumi morearea nui Bitcoin, cryptocurrency nga rawa mamati ranei. Tena koa kia tupato ko o whakawhitinga me o tauhokohoko kei i a koe ano, a ko nga ngaronga ka riro i a koe kei a koe. Kaore te Daily Hodl e taunaki i te hoko atu, te hoko atu ranei i tetahi moni crypto, i nga rawa matihiko ranei, kaore ano hoki te Daily Hodl hei kaitohutohu haumi. Kia mahara kei te uru atu te Daily Hodl ki te tauhokohoko hononga.
Atahanga Hanga: Midjourney
Ko te pou Top Trader Says Ethereum on Cusp of Breakout Against Bitcoin, Predicts One Surging Altcoin Has More Fuel in Tank i puta tuatahi Te Hodl Daily.
Kuputuhi taketake: Te Hodl Daily