A crypto strategist who won the rank of “master trader” on the bybit in the exchange of digital assets thinks that it is almost time for the same to shine.
The pseudonym analyst Bluntz said to his 315,000 subscribers on the social media platform X that the Token Mème Floki (Floki) prints a bullish divergence signal on the daily graphic.
An upward divergence is traditionally considered as a bullish inversion signal because it suggests that an asset is growing even if the price drops or moves laterally.
Said Bluntz,
“There is an impression of upward divergence Monster Floki here after swining up a major level, could print today or tomorrow.
Love it or hate it, the same Meta probably organizes a return here. »»
At the time of writing, Floki is negotiated at $ 0,000098.
Looking at his compatriot samecoin Dogecoin (DOGE), Bluntz thinks that the cryptographic asset has completed an ABC corrective wave against the US dollar and Bitcoin (DOGE / BTC).
Bluntz is mainly based on Elliott waves theory, which stipulates that an upset Haussier tends to attend a new rally of five waves after finishing an ABC decline.
According to the analyst, Dogecoin could potentially achieve an overvoltage of 200%.
“The memes largely from me and soak in a high time, but with the Big Dog Doge like that, it may be time. Huge ABC on (daily graph) on the USD and BTC pair.
Potential 2-3X to come. »»
At the time of the editorial staff, DOGE is negotiated at $ 0.264.
Bluntz also says that he keeps an eye on the Total 3 graph, which follows the market capitalization of all cryptographic assets excluding Bitcoin, Ethereum (ETH) and Stablecoins. Traders use Total3 to assess the performance of the Altcoin market.
According to the analyst, Total3 seems to have carried out an ABC correction and is now ready to light the rallies at a new summit of $ 1.3 billion of dollars.
“This rebound apparently turned into a full V inversion.
Total3 completely recovered ventilation and looks like an… clean ABC.
Very difficult not to be optimistic here.
At the time of writing, Total3 is negotiated at 889.814 billion dollars.
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