Crypto strategist and trader Michaël van de Poppe reveals the names of a select group of altcoins that he says have the potential to grow your Bitcoin holdings significantly.
In a new video, Van de Poppe tells his 29,500 YouTube subscribers that many altcoins have already become ballistic against USDT (tether), but a handful are only just showing signs of life in their Bitcoin pairs.
The trader is keeping an eye on Cosmos (ATOM), which he believes will not allow entry as it is trading close to its all-time high of $ 22.02. Instead of chasing the pump, Van de Poppe suggests checking out ATOM / BTC, a pair that may be on the verge of sparking their upward trend.
“We have to lower the trend for Cosmos (ATOM / BTC) even further here. I’m going to take a look at this area here (0.00034), this is the previous level, so this block that we have. Then I’ll look for the block we have here (0.00026) to buy potential dips. And then we get the next wave of impulses [to 0.00063]. ”
This also applies to the Celer Network (CELR), says Van de Poppe. The trader notes that CELR / USDT has just completed a large parabolic move while the CELR / BTC pair is starting to warm up after a long downtrend.
“We’re doing a nice bullish divergence on the floor construction [for CELR/BTC]. So we lost that support (0.00000025) which is also the area support… We fell back. We supported this level again. Confirmed the bullish divergence. Run up …
What we will most likely see is that we may get a 60 sats (0.0000006) run, another correction, and then the real impulse wave [to 0.00000115]. ”
The trader is also looking at Harmony (ONE / BTC), which, according to Van de Poppe, prints a similar market structure as CELR / BTC.
“Given that we are currently in a resistance area, it is very likely that we will get a correction towards the (0.00000032) area here, get a period like this, and then start accelerating towards that area high (0.0000012) and possibly even towards 180 sats (0.0000018). “
Another couple who, according to Van de Poppe, are also trying to carve a floor are DIA / BTC.
“[DIA/BTC] still faces resistance. Could move further decline towards support here (0.000003) and then start accelerating if it crosses that level by 770 sats (0.000007). I think we’re going to run into this area here (0.00025). “
The last coin on Van de Poppe’s radar is TomoChain (TOMO). According to the cryptanalyst, TOMO / BTC barely wakes up.
“As you can see, we are still consolidating. When the Bitcoin pair is moving towards the values shown here (0.000007, 0.000008 and 0.000012) we can see that the price is three times higher from here. “
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Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trades are at your own risk and that any losses incurred are your responsibility. The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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