A widely followed cryptocurrency analyst and trader draws on an under-the-radar altcoin while offering his views on two memecoins.
The pseudonymous analyst known as Bluntz tells his 276,000 followers on social media platform “.
Based on a chart from the pseudonymous analyst who regularly applies Elliott Wave Theory in his technical analysis, SAGA performed a minor three-wave pattern over an eight-hour time frame and is now completing a major five-wave pattern. this could see its price double. According to Elliott Wave Theory, the main trend in an asset’s price occurs in a five-wave pattern while a correction occurs in a three-wave pattern.
Saga is trading at $2.55 at the time of writing, up 86% in the last 14 days.
Next up is dogwifhat (WIF). According to Bluntz, the dog-themed Solana-based memecoin appears to be ending a months-long bearish phase on the daily chart.
“WIF is on the verge of a major downtrend of -77%, strap in, are you ready for round two? »
WIF is trading at $2 at the time of writing.
Next up is another cat-themed memecoin Popcat (POPCAT) based on Solana. The pseudonymous analyst says:
“In the next 48 hours, Popcat sees, in my opinion, a truly unprecedented attempt.”
Popcat is trading at $1.01 at the time of writing.
Don’t miss a thing – Subscribe to receive email alerts straight to your inbox
Check Price Action
Follow us on XFacebook and Telegram
Surf the daily Hodl mix
& nbsp
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Image generated: halfway
