Smart Contracter, a prominent crypto analyst and trader, believes that Bitcoin (BTC) and Ethereum (ETH) are poised for major breakouts amid the bearish sentiment in the markets. In addition, Smart Contracter also shares altcoin predictions.
Smart Contracter: Bitcoin has created a bullish pattern!
The veteran analyst, known as the “Smart Contracter” on the branch, tells his 154,900 followers that Bitcoin is forming a bullish pattern that indicates an upside move is on the horizon. Smart Contracter adds the following to its explanations on the subject:
Compared to me, I see a higher base within a rising flag. At these levels, I am still optimistic about BTC.
Smart Contracter: Leading altcoin ETH is ready for strong rise!
According to Smart Contracter’s chart, Bitcoin must break the resistance of the pattern at $35,000 to ignite a true rally to $40,000. Looking at Ethereum, the analyst also believes that ETH has formed a rising suram at $ 2,000 and says it is now ready to rise for a 40% increase.
ETH/USD is up by five and now ABC is down. I think we will create a higher base and continue from there to the top. However, the override is still below the $1,650 capitulation wick.
Smart Contracter: SUSHI (SushiSwap), SNX (Synthetix), Aave, UNI (Uniswap) on my radar
Smart Contracter uses the Elliott Wave technique, a technical analysis part that claims future price action based on crowd psychology that tends to manifest in waves. According to the crypto analyst, ETH has completed the ABC correction pattern and is now ready to start a new bullish wave.
The widely followed crypto strategist also closely monitors the decentralized finance (DeFi) segment, which he says has outperformed the rest of the market. The analyst states that his eye is on four altcoins in the emerging market. Smart Contracter adds the following to its explanations on the subject:
DeFi held the strongest during the BTC outage. He certainly seems to be the fastest horse at the moment. SUSHI (SushiSwap), SNX (Synthetix), Aave, UNI (Uniswap) are on my radar…
Here are Smart Contracter’s pinpoint Bitcoin and altcoin assumptions
Cryptocoin. com, Smart Contracter has achieved many successful predictions so far. Let’s consider some of them. The famous analyst predicted $3,200 in Bitcoin, the 2020 rally, the great Bitcoin crash of 2020 and more. The well-known analyst has also accurately predicted shorter-term price movements in the cryptocurrency market over the past few months.
The analyst foreshadowed the altcoin market crash of the past months. Master analyst Smart Contracter, who stated that he expected an altcoin meltdown in the second week of February, was right in this prediction. In addition, the analyst also predicted that Ethereum would drop to about $ 1,600 in the last days of March.