A cryptocurrency veteran who achieved “Master Trader” status on digital asset exchange Bybit is charting a bullish path for top memecoin Dogecoin (DOGE).
Household analyst Bluntz told his 285,600 followers on social media platform X that DOGE is bullish across all time frames.
The trader shares a chart that suggests DOGE has cleared the diagonal resistance that had existed for about six months.
“I think DOGE is currently sucking liquidity out of the entire meme ecosystem.
There is nothing more optimistic than DOGE across all time periods.
DOGE has done this in the past during alternate seasons where they run hard and nothing else moves.
“I definitely feel like I have a moment of déjà vu.”
The trader shares another chart that suggests DOGE could clear resistance around $0.228.
“viceroy.”
As of this writing, DOGE is trading at $0.144.
Bluntz is also bullish on fellow memecoin Floki (FLOKI). According to analysts, FLOKI will need to clear immediate resistance at $0.00018 to trigger a rebound to all-time highs.
“FLOKI’s macro ABC appears to have been completed, with three months of cumulative rest getting closer each day. Once that breaks down, I think we’ll reach new all-time highs pretty quickly.
I added some to my long-term no-trade bag today.”
Bluntz practices the Elliott Wave theory, which states that bullish assets often witness a new uptrend after completing an ABC correction. Looking at the trader’s chart, he seems to be predicting that FLOKI will rise to a new high of $0.0005.
As of this writing, FLOKI is worth $0.000158.
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