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Crypto strategist and trader Michaël van de Poppe is unveiling the names of a select group of altcoins that he says have the potential to significantly grow your Bitcoin holdings.
In a new video, Van de Poppe tells his 29,500 YouTube subscribers that while many altcoins have already gone ballistic against USDT (Tether), a handful are just starting to show signs of life in their Bitcoin pairs.
The trader is keeping an eye on Cosmos (ATOM) which he says is not granting an entry as it trades close to its all-time high of $22.02. Instead of chasing the pump, Van de Poppe suggests looking at ATOM/BTC, a pair that may be on the verge of igniting its uptrend.
“We still have to make a higher low on the trend here for Cosmos (ATOM/BTC). I’m going to look at this range here (0.00034), which is this previous level, so this block we have. Then, I’m going to look for the block we have here (0.00026) for potential dips buying. And then we get the next impulse wave [to 0.00063].”
It’s the same case for Celer Network (CELR) says Van de Poppe. The trader notes that CELR/USDT just completed a big parabolic move while the CELR/BTC pair is starting to heat up after a long downtrend.
“We are making a nice bullish divergence on the bottoming construction [for CELR/BTC]. So we lost this support (0.00000025), which is also the range support… We flipped back. We made this level again support. Confirmed the bullish divergence. Make a run upwards…
What we’re most likely going to see is we might be getting a run at 60 sats (0.0000006), another correction, and then the real impulse wave [to 0.00000115].”
The trader is also looking at Harmony (ONE/BTC) which is also printing a similar market structure to CELR/BTC according to Van de Poppe.
“Given that we’re currently into a resistance area, it is very likely that we’re going to get a corrective move towards the range here (0.00000032), get a period like this, and then we start accelerating towards this range high (0.0000012) and possibly even towards 180 sats (0.0000018).”
Another pair that’s also trying to carve a bottom according to Van de Poppe is DIA/BTC.
“[DIA/BTC] is still facing resistance. Might be making another drop down towards support here (0.000003) and then start accelerating when it breaks this level around 770 sats (0.000007). I think we’re going to run towards this area here (0.00025).”
The last coin on Van de Poppe’s radar is TomoChain (TOMO). According to the crypto analyst, TOMO/BTC is barely waking up.
“As you can see, we’re still consolidating. If the Bitcoin pair starts to run towards the levels that we see here (0.000007, 0.000008, and 0.000012), we can see that the price is going 3x from here.”
Featured Image: Shutterstock/Terelyuk