A preferred crypto analyst and dealer is asking for extra bullish strikes for three altcoins.
In a brand new Twitter thread, the pseudonymous dealer referred to as The Crypto Dog tells his 572,000 followers that Elrond (EGLD), which is up from round $100 to $150 in the previous couple of weeks, is probably going destined for bullish continuation.
The analyst additionally says that EGLD would possibly stay in an uptrend for days or perhaps weeks.
“EGLD establishing for a powerful 3D after breaking out of consolidation. This might pattern for days/weeks.”
The dealer can also be in PancakeSwap (CAKE), the decentralized trade platform based mostly on Binance Smart Chain.
The analyst says that CAKE has been in an uptrend since late July and can possible proceed its ascent, presumably hitting all-time highs in the near future.
“CAKE/USD has been in solely up mode since late July. All time highs inbound?”
The dealer can also be bullish on layer-2 scaling community Polygon (MATIC), predicting that the asset will reconquer the $2 degree.
“This appears like bullish consolidation on MATIC. They’re going to throw it again to $2+”
Finally, The Crypto Dog says that sensible contract platform Ethereum is probably going coming into a consolidation part because it trades across the $3,000-$3,200 area.
“ETH consolidating, my cash is on accumulation.”
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