Crypto Trader Predicts Rallies for Bitcoin (BTC), Ethereum (ETH) and Cosmos (ATOM)– Here Are His Targets


An extensively followed crypto trader states he sees continual rallies for Bitcoin (BTC), Ethereum (ETH) and Cosmos (ATOM).

Pseudonymous crypto strategist Inmortal informs his 147,000 Twitter fans that he’s taking a look at the inverted chart of Bitcoin and sees BTC grinding greater in the coming months.

“How is this pattern called? Bitcoin.”

Source: Inmortal/Twitter

Looking at Inmortal’s inverted BTC chart, it appears the strategist forecasts that Bitcoin will consistently develop higher-low setups en path to $60,000 by May.

In the short-term, Inmortal states Bitcoin need to get above its instant resistance to sustain its bullish momentum.

“Still thinking big wicks mean nothing if they didn’t have follow-up [move]. A close above $42,500 would be good.”

Image
Source: Inmortal/Twitter

Inmortal is likewise keeping a close watch on Ethereum in its Bitcoin set (ETH/BTC). According to Inmortal, ETH/BTC has actually handled to break its bearish market structure and is now poised to form its very first greater high in over 3 months.

“First indications of turnaround on ETH vs. BTC after 100 days sag.

Higher highs + greater lows = 0.074 BTC [$3,047].”

Image
Source: Inmortal/Twitter

Next up is Cosmos, an environment of blockchains created to scale and interoperate with each other. According to Inmortal, he sees Cosmos rallying over 33% from its present cost of $27.85.

“I’m in ATOM since $27.77, targeting [the] range high.”

Image
Source: Inmortal/Twitter

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