A trader, who signed the 2018 Bitcoin Bottom, says that one of the Solana Almana has a “very real opportunity” to detonate 450 %+
The analyst and trader, which he widespread accurately predicted, highlights the Bitcoin (BTC) in 2018, one of the encryption assets that can rise with three -numbers percentage points.
The merchant is borrowed known as Blontz Recount His 321,100 followers can rise on the X social media platform that Dogwifhat (WIF) can rise, which is designed in Solana (SOL), by about 472 % to restore and ever exceeded in March of 2024.
“There is still a lot of work that must be developed and needs to see confirmation of the price procedure, but I think there is a very real opportunity to start a new rush to the highest level ever on WIF.”
According to the analyst who regularly applies Elliott Wave in his technical analysis, WiF started in the upscale bullish direction earlier this month in a five -wave style. The Elleott Wave theory states that the main trend of the price of assets moves in a five -wave pattern while correction occurs in a three -wave pattern. Based on the Bluntz scheme on the three -day time frame, WiF came out earlier this year.
In the short term, the pseudonym He says WIF can undergo a correction before the assembly. Depending on the widely followed analyst’s scheme for the time frame for one hour, WIF can decline by 10 % of the current level.
“A very clear rise in five waves of its lowest level every hour for WiF, some decline here expects before the next main legs arrive.”
WIF is trading at $ 0.845 at the time of this report.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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