Extensively adopted crypto strategist Pentoshi is anticipating rallies from Cosmos (ATOM), Bitcoin (BTC), and one low-cap DeFi altcoin.
The crypto analyst tells his 324,700 Twitter followers that the sensible contract platform Cosmos (ATOM) seems to be able to outperform the crypto market over the subsequent few weeks.
Because the token finds help round 0.0006 BTC ($35.42), Pentoshi is anticipating ATOM to rise 100% towards its Bitcoin pairing (ATOM/BTC) to 0.00129 BTC ($76.14).
“ATOM [in my opinion] going to be among the finest if not the perfect performers within the subsequent few weeks
Chart is primed for a significant transfer up and has all the correct elements with [technical analysis] + [fundamental analysis] aligning
IMO going to go completely parabolic ala SOL / AVAX”
On the time of writing, ATOM is bouncing off help at $33 and at present buying and selling at $37.42, based on CoinGecko.
Pentoshi’s second altcoin decide is WOO Community (WOO), a deep liquidity community connecting merchants, exchanges, establishments, and decentralized finance (DeFi) platforms.
With the crypto asset at present trading at $1.31, slightly below resistance of its earlier all-time excessive, Pentoshi thinks WOO is a snug maintain with new all-time highs (ATHs) on the horizon.
“WOO replace
Glory awaits, have by no means as soon as bought a token. One other one which I really feel snug with. Some issues I commerce, some issues I maintain. To this point so good! Hoping they proceed to develop at this velocity”
As for an replace on Bitcoin, he notes that the highest crypto asset is displaying energy after completely retesting a key Fibonacci stage round $59,985.
“BTC gave an ideal retest at a shallow [Fibonacci] stage on a ten% dip after breaking ATH’s and appears to be arrange for continued value discovery”
With BTC probably forming increased highs and better lows, he’s targeting a bullish transfer to the $64,500 and $65,000 vary.
“BTC low for the day possible in
Potential [higher low] on [lower time frames]
Wish to see [a] transfer to 64.5-65k”
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