Top Trader Says Bitcoin Breakout on Horizon, Predicts rallies in Fantom (FTM) and another altcoin
A widely followed crypto trader says Bitcoin forms a pattern reminiscent of July before its big breakthrough, and two other altcoins appear bullish.
Pseudonym trader known as Cantering Clark tells his 99,000 Twitter followers that Bitcoin’s recent price action looks like it was trading close to $ 30,000 before finally more than doubling in price three months.
“Feels the same. “
The trader also has his eye on Ethereum’s competitor Fantom (FTM). He says FTM’s price action looks very strong now that it’s at last month’s checkpoint, which is the level where the largest volumes were traded.
“Lots of confluence, this one likely to continue much higher.
Transition to the current daily. Trade currently back to [the]VWAP from previous month [volume weighted average price]and poc [point of control].
FTM looks solid.
At the time of writing, FTM is trading at $ 2.99, up 10% in the past 24 hours.
Cantering Clark recently had his eye on another altcoin. According to him, Near is on the cusp of some big gains and he is ready to place buy orders nearly 30% below his current price of $ 17.00 in order to catch up with the rallies.
“I’m long with orders stacked up to 12s.
If I don’t refuel, I’ll just dial. 4 to 1 offers to requests.
Send it. CLOSE”
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