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Showing posts with the label breakout

Dogecoin’s Big Breakout Incoming? Analyst Calls To “Stay Alert”

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Ethereum’s Network Is Heating Up While Price Stalls, Is a Breakout Coming?

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SUI Preparing For Another Leg Up – Is $5 The Next Target?

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Cardano Consolidates In Symmetrical Triangle – Analyst Sets Bull/Bear Price Targets

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Solana Rival SUI Gearing Up for Major Breakout, According to Macro Guru Raoul Pal

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Former Goldman Sachs executive Raoul Pal believes that one Solana (SOL) competitor looks to be in a position for a massive breakout. Pal tells his 1.1 million followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator is flashing bullish for the layer-1 platform Sui (SUI). Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their previous nine or 13 bars or candles. He also suggests that SUI is on the verge of breaking out of a downward channel, a bearish pattern indicating that the asset is forming lower highs and lower lows. “Sui: knock, knocking, knocking on heaven’s door.” Source: Raoul Pal/X Other analysts are also suggesting SUI may be gearing up for an explosive move. Pseudonymous trader Cheds says if SUI can break through its immediate resistance, it may start printing significant rallies. “$2.50 overhead is a long trigger.” Me...

Bitcoin Hidden Bullish Signal: Analyst Predicts Breakout After Holding Key Level

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PEPE Breakout Approaching As Memecoin ‘Deja Vu’ Price Action Unfolds, Says Top Trader

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A trader who continues to grow his following with timely altcoin calls thinks that an Ethereum (ETH)-based memecoin is gearing up for a huge upside move. Pseudonymous analyst Bluntz tells his 270,400 followers on the social media platform X that he has his radar locked on the memecoin Pepe (PEPE). According to the analyst, PEPE’s two-hour chart resembles Bitcoin’s (BTC) price action in January 2023 when it was bottoming and trading at around $16,000. “Took one look at PEPE this morning and had deja vu like I’d seen this before. I had and it was BTC at the 16,000 cycle bottom lows.” Source: Bluntz/X After bottoming out in January last year, Bitcoin rallied to a fresh all-time high of $73,737 in March of this year – an over 360% rise in about 15 months. At time of writing, Bitcoin is trading for $64,199 while PEPE is worth $0.0000094. The analyst also names a handful of memecoins that he thinks will move faster than other altcoins ...