An analyst identified for making well timed altcoin calls thinks {that a} large pattern reversal is underway for an under-the-radar meme token.
Pseudonymous crypto strategist Bluntz tells his 283,700 followers on the social media platform X that Guide of Meme (BOME) appears to be like bullish after breaking out of its accumulation vary in an enormous approach.
“BOME every day trying like a MONSTER breakout now.
Certainly I gained’t cop warmth for speaking a few $700 million market cap coin.”
Based mostly on the dealer’s chart, he appears to foretell that BOME will rally to $0.03, suggesting an over 220% improve from present ranges.
At time of writing, BOME is value $0.00932.
The dealer additionally unveils his present portfolio, which is made up of memecoins.
“My luggage change ceaselessly based mostly on whichever charts I believe look the perfect at any given time (astrology for males).
At all times in search of the quickest horses but additionally I strive to not diversify an excessive amount of. I’m going laborious right into a handful of picks, often as much as 10 or MAX
At present, my Noah’s Ark luggage are:
WIF
BOME
SILLY
SLERF
PENG
CAT.”
One other meme token on the dealer’s radar is cat in a canine’s world (MEW). Bluntz says MEW appears to be like sturdy after clearing its diagonal resistance on the every day chart.
“Big every day downtrend breakout on MEW in a single day.
Fairly important in my view.”
At time of writing, MEW is buying and selling at $0.0084.
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