These 2 Altcoins Could Explode! – TechnoPixel

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READING NOW Over 10 Known Ana­lysts: These 2 Alt­coins Could Explode!

Famous ana­lyst Smart Con­tracter, to whom we have pre­vi­ous­ly quot­ed many suc­cess­ful pre­dic­tions as, stat­ed that these 2 alt­coin projects may take flight soon in his state­ments on Twit­ter! Here are the details…

A crit­i­cal state­ment came from the ana­lyst: “I have no chance to miss the Ethereum rally!”

Pop­u­lar cryp­to ana­lyst Smart Con­tracter, who was suc­cess­ful in his bot­tom lev­el pre­dic­tions for Bit­coin (BTC) in 2018, shared with his 240 thou­sand fol­low­ers on Twit­ter for 2 alt­coin projects that may rise in the near future. The ana­lyst stat­ed that the long-last­ing cor­rec­tions for Ethereum will come to an end and it looks ready to rise.

“ETH/BTC just hit a six-month low, just 3 per­cent low­er before my main buy zone.

Not under the cir­cum­stances I expect­ed this to hap­pen (I thought ETH and BTC would drop but I thought ETH would drop more) but I can’t miss the upcom­ing big ETH rally.”

Not­ing his chart in his analy­sis, the cryp­tocur­ren­cy ana­lyst stat­ed that ETH/BTC is in a down­ward cor­rec­tion. There­fore, it indi­cates that it is about to touch the crit­i­cal 0.618 Fibonac­ci retrace­ment sup­port, which traders see as a pos­si­ble point for a bounce.

Pop­u­lar ana­lyst Smart Contracter’s strong inter­est in Ethereum came as cryp­to ana­lyt­ics plat­form San­ti­ment said sharks had amassed 3.61 mil­lion ETH last year, worth $6.13 billion.

How­ev­er, whales have emp­tied almost twice this amount into the market.

“Large Ethereum address­es have sig­nif­i­cant­ly changed their hold­ing sup­ply. Address­es hold­ing 10–10,000 ETH col­lec­tive­ly added 3.61 mil­lion coins last year, while address­es hold­ing 10,000–10,000,000 ETH col­lec­tive­ly dumped 9.43 mil­lion coins into the mar­ket in the same time frame.”

Lead­ing alt­coin project Ethereum is instant­ly trad­ed at $1,787.

Ana­lyst: “I think it is one of the few alt­coin projects that will per­form very well”

On the oth­er hand, cryp­to ana­lyst Opti­mism (OP) also pre­dicts bull­ish­ness. In his state­ments for the OP, the ana­lyst said, “The bull­ish dai­ly broad­ened for the OP against the USD, BTC and ETH pairs. I think it looks like one of the alt­coins that will per­form very well.” in his words.

Using Elliott Wave the­o­ry, an advanced method of tech­ni­cal analy­sis that pre­dicts future price action based on crowd psy­chol­o­gy, which tends to man­i­fest in waves, Smart Con­tracter says that a cor­rec­tion for Opti­mism is at the bot­tom and sets the stage for a move up.

Instant­ly, the pop­u­lar alt­coin Opti­mism (OP) is trad­ing at $2.57.

The ana­lyst had been right in his pre­vi­ous predictions!

Smart Con­tracter, which has made many cryp­tocur­ren­cy pre­dic­tions, and most of them were right, uses the Elliott Wave the­o­ry, an advanced tech­ni­cal analy­sis approach that tries to pre­dict future price action by fol­low­ing the crowd psy­chol­o­gy that tends to man­i­fest in waves. Accord­ing to the the­o­ry, a pull­back of an uptrend asset is expect­ed after com­plet­ing a five-wave surge. On the oth­er hand, the name, which draws atten­tion with its Bit­coin bot­tom lev­el pre­dic­tions in 2018, stat­ed that the lead­ing cryp­tocur­ren­cy Bit­coin (BTC) will approach the lev­el of 30 thou­sand dol­lars after the cor­rec­tion. At the moment, Bit­coin price is hov­er­ing above the $27,000 level.

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