Top Trader Warns Not To Sleep on Dogecoin, Flips Mega Bullish on This Solana-Based Altcoin


A widely followed crypto trader is warning people to not forget about leading meme crypto asset Dogecoin (DOGE), and he’s also flipping bullish on one Solana-based digital asset.

The pseudonymous trader known as Kaleo tells his 356,000 Twitter followers that he’s bullish on DOGE.

 

Looking at Dogecoin against Bitcoin (BTC), Kaleo says that DOGE/BTC will continue going on a tear until it meets the high timeframe (HTF) resistance of 0.000009 BTC, worth $0.44 at time of writing.

“Here’s the game plan Dogecoin will continue to melt higher until it hits the HTF resistance on the BTC pair around 900 [satoshis]. This is where you should be stacking, because when it breaks that line. It’s over (aka giga-send above $1.00).”

Source: Kaleo/Twitter

Kaleo is also bullish on Kin, the cryptocurrency for the messaging service Kik. The trader says that Kin is one of the cheapest coins in the Solana ecosystem and has been enjoying some promising price action. According to Kaleo, Kin may be ready to break out to the next major resistance.

“KIN looks ready for another leg higher”

Image
Source: Kaleo/Twitter

At time of writing, Kin is trading at $0.00017, up more than 1,300% over the last year according to CoinGecko.

Last week, Kaleo said that Internet of Things blockchain Helium (HNT) was flirting with a critical resistance. With HNT above that resistance, the trader says that the nascent altcoin is in “price discovery” mode and could be ready to hit a price somewhere above $30.00.

“HNT

There’s your price discovery breakout.

30s next.”

Image
Source; Kaleo/Twitter

At time of writing, HNT is trading at $22.88, according to CoinGecko.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix
 

Check Latest News Headlines

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/AleksandrMorrisovich





Read Full Article

spot_imgspot_imgspot_img

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here

spot_imgspot_img