Pseudonymous crypto dealer Kaleo tells his 593,100 Twitter followers that he believes that the Bitcoin (BTC)-hard fork BCH will proceed the rally it sparked final month that noticed it go across the $106 stage to a peak of $321.89 on June thirtieth, a 202% improve.
“Have a very good feeling BCH is much from carried out.”
Bitcoin Money has since retraced and is buying and selling for $283 at time of writing.
The strategist then turns his consideration towards Litecoin, saying that he’d “punt” the crypto asset as soon as it lands someplace between the $95 to $105 vary, however says the altcoin might rally again as much as the $110 space as a result of hype surrounding its upcoming halving date in August.
“I’m a fan of punting on LTC within the $95-$105 vary after the pullback off HTF [high time frame] resistance. With hype across the halving arising solely a month away, I feel there’s potential we might see a good squeeze at a reclaim of $110+ on the HTF bearish pattern break.”
Moreover, Kaleo’s charts indicate that he believes the LTC/BTC pair will skyrocket above $0.0040. At time of writing, it’s valued at $0.003432 whereas Litecoin is buying and selling for $97.30.
Shifting on to the favored meme asset PEPE, Kaleo says he’s “seeing some actions on the entrance traces,” and that he envisions the altcoin going again as much as the $0.0000036 vary, a worth it hasn’t seen since early June.
PEPE is buying and selling for $0.000002 at time of writing.
SOL is buying and selling for $19.75 at time of writing.
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