The analyst with the highest level of certification is recognized as a “Master Trader” Bybit’s ranking on crypto exchanges believes that the two most popular memecoins could be setting up a rally.
Pseudonymous Bluntz told his 316.100 social media followers that memecoin Floki was (FLOKIThe daily and 4-hour charts are showing bullish signals.
Bluntz claims that FLOKI is a threat to the nation’s security. printed Bullish divergence in the daily chart indicates that buying is increasing for the cryptocurrency asset. FLOKI also claims that he is trading Within an ascending-triangle pattern, this structure is usually viewed as a bullish reverse formation.
The FLOKI chart shows a very nice triangle after the print of the bullish divergence.
It will probably take another few days for this to break but we are anticipating it to happen sooner or later.”
On the basis of his chart, the trader seems to have predicted that FLOKI would rally to $0.000125. FLOKI’s value is $0.000097 as of the writing.
Dogecoin is a memecoin that has been around since 2009.DOGE), Bluntz says the altcoin appears to be carving a local bottom with an Adam and Eve structure – another bullish reversal pattern.
“Lots of nice Adam and Eve structure across the board starting to break out here. nice one on DOGE. Been nearly two weeks since the capitulation wick as well.”
DOGE currently trades for $0.27.
The decentralized Oracle Chainlink is a chain of links that can be used to access the oracle.LINK( ) the trader says It’s the same as Dogecoin.
“Another nice one on LINK too, pretty much the same with most alts in my opinion.”
LINK currently trades at $18.89.
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