Closely-followed crypto trader and analyst Michaël van de Poppe is unveiling the key levels for Chainlink and four low-cap altcoins for massive bullish continuation.
In a new tweet, Van de Poppe tells his 276,500 followers that Chainlink must hold its immediate support around 0.007 against Bitcoin (LINK/BTC) to sustain its uptrend and potentially print gains of over 56%.
The trader is also tracking the price action of token launch platform Waves against Bitcoin (WAVES/BTC). According to Van de Poppe, the pair must establish support around 0.004 before it can kick off its next leg up.
“This one has seen a massive move upwards and that’s great. However, after such a move, consolidation happens (check the left side of the picture). Very healthy and I’ve also described the crucial levels to hold.”
Another coin on Van de Poppe’s list is video-sharing platform Verasity, which he says is in the midst of a healthy consolidation against Bitcoin (VRA/BTC). The crypto strategist highlights 0.0000004 as an area where the pair can carve a bottom and restart its bullish trend.
“I’m assuming a long, sideways period is very healthy here in which you often see a structure as shown in the chart. Critical support is way beneath us.”
The crypto analyst is also keeping an eye on public network for peer-to-peer payments Hedera Hashgraph in its Bitcoin denomination (HBAR/BTC). Van de Poppe notes that HBAR/BTC must continue to trade above 0.0000048 so it can ignite the next phase of its bull market.
“This one is still consolidating after a nice run and on a beautiful support area. Should be a point of interest. Holding here = new impulse wave likely.”
The last coin on Van de Poppe’s radar is open-source decentralized oracle DIA. He says that as long as DIA/BTC stays above crucial support of 0.0000656, it has a shot to break out of accumulation and skyrocket to 0.0002, which represents potential gains of over 325%.
“This one is looking fine. Found the resistance at [0.0001], while flipping the 100-day and 200-day moving averages as support. Next to that, if [0.0001] breaks, I’ll see [0.0002] as the next level [of resistance].