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Ethereum

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

A broadly adopted crypto dealer says he sees sustained rallies for Bitcoin (BTC), Ethereum (ETH) and Cosmos (ATOM).

Pseudonymous crypto strategist Inmortal tells his 147,000 Twitter followers that he’s wanting on the inverse chart of Bitcoin and sees BTC grinding larger within the coming months.

“How is this pattern called? Bitcoin.”

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Source: Inmortal/Twitter

Looking at Inmortal’s inverse BTC chart, it seems the strategist predicts that Bitcoin will repeatedly create higher-low setups en path to $60,000 by May.

In the brief time period, Inmortal says Bitcoin should get above its fast resistance to maintain 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.”

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Source: Inmortal/Twitter

Inmortal can also be holding an in depth watch on Ethereum in its Bitcoin pair (ETH/BTC). According to Inmortal, ETH/BTC has managed to interrupt its bearish market construction and is now poised to kind its first larger excessive in over three months.

“First indicators of reversal on ETH vs. BTC after 100 days downtrend.

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

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Source: Inmortal/Twitter

Next up is Cosmos, an ecosystem of blockchains designed to scale and interoperate with one another. According to Inmortal, he sees Cosmos rallying over 33% from its present price of $27.85.

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

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Source: Inmortal/Twitter

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Featured Image: Shutterstock/iobard

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