Trader Who Called the Bitcoin (BTC) Bottom in 2018 Says This Memecoin Is Gearing Up to Spark More Rallies

Pseudonymous analyst Bluntz tells his 277,200 followers on the social media platform X that he thinks the frog-themed, Ethereum (ETH)-based meme token Pepe (PEPE) is

A crypto analyst renowned for his accurate prediction of the Bitcoin (BTC) 2018 bottom believes that one memecoin is preparing for further rallies.

Pseudonymous analyst Bluntz shared his thoughts on the frog-themed, Ethereum (ETH)-based meme token Pepe (PEPE) with his 277,200 followers on the social media platform X. He believes that the token is preparing for a bullish continuation following a pullback over the last few days.

The trader posted a chart indicating that PEPE will rally to around $0.000014 before completing its five-wave surge.

“Nice little PEPE dip this fine Sunday evening, I think it should be bottoming around here any minute now.

There are still many [legs up] to go in my opinion, and this is an absolute monster trend.”

Bluntz’s trading method is based on the Elliott Wave theory, which suggests that a bullish asset typically experiences a five-wave rally before peaking. According to the theory, a bullish asset usually rallies after completing an ABC correction.

Bluntz’s chart appears to indicate that PEPE has completed an ABC pullback within a wave three surge.

At the time of writing, PEPE is trading at $0.0000105.

The trader also discussed the fellow meme token dogwifhat (WIF), sharing a chart suggesting that the Solana (SOL)-based altcoin has broken through a diagonal resistance that has kept the crypto asset bearish for months.

“GM (good morning) my hatted bros.”

At the time of writing, WIF is trading at $2.44, significantly above the diagonal resistance.

Another memecoin that caught the trader’s attention is Popcat (POPCAT). According to Bluntz, POPCAT is showing signs of breaking out and rallying to new all-time highs.

“Le POPCAT looking good again here, nice ABC down on 4-hour chart just underneath all-time highs, the next leg should break.

Starting to struggle to find room for all the bags I wanna have now, too many looking great.”

Based on the trader’s chart, he appears to be suggesting that POPCAT will surge to a fresh record high of $1.25.

At the time of writing, POPCAT is trading at $0.95.

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output: A crypto strategist who supercharged his following after nailing the Bitcoin (BTC) 2018 bottom believes one memecoin is gearing up to spark more rallies.

Pseudonymous analyst Bluntz tells his 277,200 followers on the social media platform X that he thinks the frog-themed, Ethereum (ETH)-based meme token Pepe (PEPE) is set to witness bullish continuation after pulling back in the last few days.

The trader shares a chart suggesting that PEPE will rally close to $0.000014 before ending its five-wave surge.

“Nice little PEPE dip this fine Sunday evening, I think it should be bottoming around here any minute now.

There are still many [legs up] to go in my opinion, and this is an absolute monster trend.”

Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to see a five-wave rally before topping out. The theory also states that a bullish asset typically rallies after concluding an ABC correction.

Looking at the trader’s chart, he seems to suggest that PEPE has completed an ABC pullback amid a wave three surge.

At time of writing, PEPE is trading for $0.0000105.

Turning to fellow meme token dogwifhat (WIF), the trader shares a chart suggesting that the Solana (SOL)-based altcoin has taken out a diagonal resistance area that has kept the crypto asset bearish for months.

“GM (good morning) my hatted bros.”

At time of writing, WIF is worth $2.44, well above the diagonal resistance.

Another memecoin on the trader’s radar is Popcat (POPCAT). According to Bluntz, POPCAT looks poised to break out and rally to new all-time highs.

“Le POPCAT looking good again here, nice ABC down on 4-hour chart just underneath all-time highs, the next leg should break.

Starting to struggle to find room for all the bags I wanna have now, too many looking great.”

Based on the trader’s chart, he seems to suggest that POPCAT will surge to a fresh record high of $1.25.

At time of writing, POPCAT is worth $0.95.

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