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Top Trader Says Ethereum Looks Exceptionally Bullish, Unveils Targets for Bitcoin and Explosive Altcoin Terra

by DailyhodlDecember 8, 2021

A popular crypto analyst believes Ethereum (ETH), Bitcoin (BTC) and one altcoin are about to blast off and leave the recent market-wide slump in the dust.

The pseudonymous crypto strategist and trader Kaleo tells his 454,000 Twitter followers that ETH’s time to shine has arrived as the “king” of the layer-1 blockchain protocols.

The analyst says,

“ETH is so bullish after the most recent flush it’s not even funny.

We’ve seen a major rotation play among the alt [Layer-1s] the past few months.

It only makes sense that the king of the L1s finally has a chance to suck liquidity from the rest of the market and have a run of its own.”

Ethereum is about even on the day, trading for $4,346 at time of writing.

Kaleo next looks at Bitcoin and says he still believes the top crypto will reach at least $100,000 during the current cycle.

“I’ve said it before and I’ll say it again – I still expect to see Bitcoin have a parabolic move to top out at $100K+ this cycle.

I’ll gladly start scaling out around $150K. I expect it to go higher, but I’m not concerned with nailing the top. Until then, just keep stacking.”

BTC currently sits at $50,900 after having battled back from a flash-crash low around the $43,500 level on December 3rd.

Lastly, the crypto analyst lays out his price prediction for the Terra (LUNA) protocol, whose native token LUNA underpins a suite of decentralized stablecoins.

Kaleo tells his followers that Terra reaching the $100 threshold is inevitable.

“LUNA going to $100 from here is only a matter of time.”

LUNA has seen some wild price action in recent days, with the altcoin tumbling from $69.66 to $53.64 late last week before surging to $77.37 on Sunday.

The 10th-ranked crypto has since corrected but is back up 5% on the day to $70.74.

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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.

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Tagged : #BTC / #ETH / All News / Altcoins / Bitcoin / Ethereum / Kaleo / Luna / News / Terra

Top Trader Says Bitcoin, Ethereum and One More Altcoin Ready To Go Parabolic As Crypto Markets Bounce Back

by DailyhodlDecember 1, 2021

A popular crypto strategist and trader is expecting Bitcoin (BTC), Ethereum (ETH) and one altcoin to shake off the recent market-wide dip and launch to epic heights.

The pseudonymous crypto analyst Kaleo tells his 449,800 Twitter followers that BTC’s price action in recent months mirrors 2020, where an accumulation phase was followed by “rapid price appreciation to new all-time highs.”

The analyst charts Bitcoin soaring past $150,000 early next year and says,

“Up only [season] is here.”

At time of writing, BTC is down 2% on the day to $57,618.

Moving on to leading smart contract platform Ethereum, Kaleo has been eyeing the ETH/BTC trading pair over the past week. Seven days ago, he first said,

“It’s only a matter of time before ETH/BTC breaks out of its current range.

Once it clears 0.8, it should have a clear path to extend to 0.12-0.15.”

Kaleo posts an updated chart in reply to his original tweet and says ETH has begun its next move up.

“The breakout has commenced.

WAGMI [We’re all gonna make it].”

The trader has also been eyeing the Terra protocol, whose native token LUNA underpins a suite of decentralized stablecoins.

He thinks the 13th-ranked crypto is primed to rip up toward the $100 range.

“Everyone is ready for $100 LUNA, right? …

Shouldn’t take too long from here.”

LUNA is up nearly 10% on the day at time of writing, trading for $57.43.

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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.

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Tagged : #BTC / #ETH / All News / Altcoins / Bitcoin / Cryptokaleo / Ethereum / Kaleo / Luna / News / Terra

Top Analyst Predicts Massive Tech Bubble-Style Blow-Off Top in Bitcoin and Crypto – Here’s His Timeline

by DailyhodlNovember 23, 2021

Popular pseudonymous analyst Kaleo is predicting that Bitcoin and the stock market will go parabolic together before crashing in a blow-off top.

In a discussion with Jake Wujastyk of Trend Spider, Kaleo reveals his “strategy” when looking at the crypto markets.

According to him, the digital asset space is undergoing a similar market cycle to what technology stocks went through in the late 1990s and doesn’t think Bitcoin can go much lower than current prices.

“I think, at least, my whole strategy has basically been playing off the tech bubble 2.0 narrative, and I think crypto fits within that window. And I really think it’s going to be similar to what we saw back in that 1999-2000 timeframe where the market tops around March, where there is a blow-off top, both in equities and crypto, but especially in the tech side of the market when it comes to equities.

And then I think crypto still even outpaces tech. You know, that includes Bitcoin, Ethereum, you can go down the list.

So, short-term right now… I don’t see us going too much lower than where we’ve gone already.”

Kaleo says that rather than trying to call all of the minute price action, he has his eye on a longer-term prediction that places Bitcoin up to 330% higher than current prices in a matter of months.

“I’m not sitting there stressing about every micro movement, I’m looking more zooming out for the macro price targets, and I still think BTC within the next six months, could go to $150,000 – $250,000. So as far as a capitulation wick, Maybe [Bitcoin] does touch 50k. Like, if it touches 50k, all that you’re going to see, in my opinion, is more opportunity.”

Bitcoin is trading at $57,412 at time of writing.

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Tagged : #BTC / All News / Bitcoin / Kaleo / News / Trading

Sharp Bitcoin Rally To Abruptly Follow Market Retreat, According to Crypto Analyst – Here’s His Timeline

by DailyhodlJuly 15, 2021

A high-profile crypto trader is discussing what he believes is in store for Bitcoin (BTC) heading into the rest of the year.

The pseudonymous trader, known as Kaleo, is looking at potential similarities between Bitcoin’s chart from July of 2020 and today.

Kaleo tells his 332,000 Twitter followers that this time last year, Bitcoin followed the tech narrative and exploded alongside the Nasdaq. This time around, he’s looking for history to rhyme.

“Just a reminder that one year ago everyone thought BTC looked terrible also. The sane thing to do was to take profit before it crashed back down below $6,000 even though tech was running wild.

It didn’t take long for the narrative to change.”

Kaleo notes that the Bitcoin chart looked especially bearish in the middle period of July, but after that BTC rallied hard.

“The chart looked terrible from July 9th through the 20th especially. It went vertical from there.”

Kaleo also shares a chart overlaying with his projected July BTC price action. According to the trader’s chart, Bitcoin might consolidate until the end of July, and then take off and hit $48,000 by August.

“This isn’t to say that history mirrors itself perfectly, but it often rhymes.”

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Tagged : #BTC / All News / Bitcoin / Kaleo / News

Popular Analyst Unveils Year-End Target for Bitcoin, Says He’s Selling Once BTC Hits This Level

by DailyhodlJuly 4, 2021

A popular crypto trader and analyst says he plans to scale out of Bitcoin once BTC hits a certain level.

Kaleo, a trader who has amassed a large following in the current market cycle, tells his 329,900 Twitter followers that Bitcoin will likely surge more than 520% from its current value of $34,658 by the end of the year.

“Still think it tops out w/ a nice wick around $185,000 – $215,000, but my goal isn’t to snipe the top.”

Amid his mega bullish outlook for the leading cryptocurrency, Kaleo says he will start selling once Bitcoin breaks below his price target.

“Basically, my game plan is to be uber bullish until Bitcoin breaks above $150,000. I’ll start exiting there and flip uber bearish when it breaks back below $150,000.”

Although Bitcoin continues to trade sideways between $30,000 and $40,000 while sentiment remains largely bearish, the crypto strategist posits that BTC is correlated with the tech industry. By comparing the price of Bitcoin to the NASDAQ 100, he predicts that the king crypto will eventually catch up to the tech industry’s rapid expansion in the last two months.

“Bitcoin vs. Tech.

Most of you will be too lazy to read this, but for those who aren’t I think you’ll find some useful data.

Pay attention to the two red boxes.

Bitcoin will catch up and close the gap to the growth we’ve seen in tech, and when it does, it’ll happen rapidly.”

According to Kaleo’s chart, the tech industry has been a reliable indicator of Bitcoin’s future price action since the coronavirus-induced sell-off in March 2020. He also predicted that the leading cryptocurrency will significantly outpace the tech industry once the next leg of the bull market resumes.

“When they realize the market is bubbling out of control (aka tech bubble 2.0 narrative). Bitcoin will catch up to tech, and once again will outpace it at the peak of the madness.”

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Tagged : #BTC / All News / Bitcoin / Kaleo / News / Trading

Top Trader Says XRP Looks Incredible, Predicts Big Breakouts for Two Altcoins

by DailyhodlMay 17, 2021

One of the most widely-followed crypto traders on Twitter says that Ripple’s native asset XRP is providing a prime trading opportunity, as he anticipates breakouts in two more altcoins.

In a series of tweets, the pseudonymous analyst known as Kaleo posts his technical analysis for XRP, telling his 296,000 followers that the chart is looking bullish.

“Won’t lie man. XRP does look incredible.”

Kaleo also says it’s time for crypto traders to start looking for opportunities in Tron (TRX) again. According to him, the digital content platform is ready to start grinding it’s way higher.

“It’s time to pay attention to TRX again. I expect it to have a move back to the top of range similar to the one we saw XRP have earlier today sometime soon.”

Tron also appears strong in its Bitcoin pair (TRX/BTC), notes Kaleo, as TRX gears up for an enormous spike upward.

“TRX/BTC is in the midst of forming a massive bull flag after a nearly 4 year HTF (high timeframe) breakout. I still believe it’s only a matter of time before this sends.”

The closely-followed trader says that Terra (LUNA) is looking ready to burst out of an accumulation zone around $15.00 to new all-time highs as soon as Bitcoin’s correction is over.

“LUNA/USD is still accumulating at the lower end of the range, following step closer to BTC’s price. As soon as BTC finds its bottom, I expect this to retest the upper trend before breaking out.

Looking for something like this from here.”

Kaleo adds that LUNA/BTC should consolidate in the coming weeks more before making a long-awaited move up to all-time highs as well.

“LUNA is continuing to consolidate nicely vs. BTC. Another week or two in this range and it should finally make the move we’ve all been waiting for.”

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Tagged : All News / Altcoins / Kaleo / Luna / News / Ripple / Trading / Tron

Litecoin, Binance Coin, and One Untapped Altcoin To Accelerate Significantly, Says Prominent Analyst

by DailyhodlMay 11, 2021

Widely-followed crypto trader Kaleo has sky-high expectations for Litecoin (LTC), Binance Coin (BNB), and one untapped altcoin.

In a new tweet, Kaleo shows a chart indicating a massive price target for Litecoin at $2,000.

“This is why I am buying spot Litecoin every day it’s under $500.”

As for Binance Coin (BNB), Kaleo sees the red-hot exchange token going on an explosive rally to the $1,000 level after it takes out resistance of $680.

“When $680 breaks and BNB enters price discovery, I expect price appreciation to accelerate rapidly.”

Kaleo has also got his eye on an altcoin that still hasn’t come anywhere close to its all-time highs (ATH) from the previous bull cycle.

The trader compares the price action of EOS to that of Ethereum Classic (ETC) and says that the two have a striking similarity. From his point of view, EOS looks exactly like Ethereum Classic just before ETC rocketed skyward.

“EOS vs. ETC USD comparison

After ETC started to breakout, it accumulated beneath its previous ATH prior to shooting straight past it. The structure of the EOS chart looks extremely similar. I don’t expect it to stop in the low $20s when it moves out of its current range.”

Following EOS’ retest of support after the initial breakout, Kaleo says he stacked more as he sees more upside potential.

“Added some EOS here. I see it as only a matter of time before it reclaims the highs set several weeks ago. Once $9.00 is breached, it should have a relatively clear path back to the old ATH of $23.00.”

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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.

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Tagged : All News / Altcoins / Binance / Binance Coin / EOS / Kaleo / Litecoin / News / Trading

One Sleeping Giant Ready for 7x Rally, Says Prominent Crypto Trader

by DailyhodlMay 9, 2021

High-profile crypto trader and crypto strategist Kaleo is preparing for one mid-cap altcoin to surge by over 600%.

In a series of tweets, the pseudonymous analyst charts a bullish path ahead for scalable blockchain network Tron (TRX).

Kaleo says that Tron is prepared to resume a breakout in its Bitcoin pair (TRX/BTC) after getting rejected at 0.0000029.

“TRX/BTC. Rejected at the April high, I’m still betting we see a sharp recovery and a push back to the upper diagonal resistance.”

Kaleo adds that the asset appears to have bottomed out on the USD chart, revealing to his 271,000 followers that he added to his position after TRX retested diagonal support of $0.146.

“I just added heavily to TRX on the retest. No guts, no glory.”

As for his TRX top prediction, Kaleo believes the asset will at least reach the $1.00 level, which would represent a 7x surge from its current price of around $0.144.

The two other altcoins the analyst is keeping his eye on are meme coin Dogecoin (DOGE) and scaling solution OMG Network (OMG).

Kaleo is confident that DOGE will live up to its hype and surpass the $1 mark in the next few days.

“DOGE/Dogecoin. I’m not saying I gave you the exact road map for what was about to happen several days ago, but I gave you the exact road map for what’s happened so far several days ago.”

OMG, which has been on a tear as of late, growing in price by over 80% in the past two weeks, is set to skyrocket after soaring past the $10 mark, asserts Kaleo. The analyst believes the asset now has the potential to revisit its all-time high of $28.35.

“OMG A clean break above the current range highs should open up a clear path to $20+ w/ an upside of the January 2018 all-time high.”

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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.

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Tagged : All News / Altcoins / Kaleo / News / Tron / Trx

Dogecoin and Two Highly Resilient Coins on the Hunt for New All-Time Highs, According to Prominent Crypto Trader

by DailyhodlApril 26, 2021

High profile pseudonymous trader Kaleo is naming three crypto assets that are preparing to ascend to fresh higher highs amid a market-wide correction.

As the crypto sector loses nearly 20% of its value in a ten-day period, the analyst tells his 233,000 subscribers that Dogecoin (DOGE) still looks strong.

Kaleo anticipated that the asset would briefly dip, but now says the meme coin appears ready to climb up to $1.00.

“There was your little dip. Now, make the meme a reality. Send it.”

Doge has cooled off a bit since its more than 300% run up in the past two weeks, but has still managed to maintain a spot in the top ten assets by market cap.

Another asset that Kaleo says has not lost steam is smart contract platform Solana (SOL), which is up a whopping 218% in the past 30 days.

Solana looks particularly appealing in its BTC pair (SOL/BTC), notes Kaleo, correctly predicting that it was ready to break out.

“SOL/BTC. Well that was fast. So close to a new all time high and price discovery. Send it…

SOL is such a tank.”

The third crypto asset Kaleo is watching amid the crypto correction is proof of stake blockchain platform Terra (LUNA), which he believes is on the verge of breaking out in its BTC pair (LUNA/BTC).

“I just longed LUNA for the first time ever. BTC pair looks strong. Looking for this breakout to strengthen and continue into price discovery.”

Kaleo says LUNA will likely move up in its USD pair as well, breaking above resistance at around $16.

“LUNA will break the line.”

Since Kaleo tweeted about LUNA, the asset has broken the line of resistance the trader drew and is up 10% on the day, hovering around $18 at time of writing.

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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.

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Tagged : All News / Altcoins / Doge / Dogecoin / Kaleo / News / Trading

Analyst Says Dogecoin Has Strongest Chart in Crypto, Predicts Litecoin and Ethereum Rival Solana Poised for Big Rallies

by DailyhodlApril 19, 2021

A popular crypto analyst is preparing for massive rallies from three large-cap altcoins.

Pseudonymous trader Kaleo tells his 182,000 followers that the Bitcoin forks Dogecoin (DOGE) and Litecoin (LTC), along with the smart contract platform and Ethereum rival Solana (SOL) are all set to rally in the short term.

Kaleo says he remains convinced that Dogecoin is on an inevitable path to $1.00, fueled by the WallStreetBets crowd that pushed GameStop to incredible heights back in January.

“DOGE to a dollar will be memed into existence. DOGE/BTC is the strongest looking chart out there at the moment… Dogecoin is the new GameStop.”

In addition, Kaleo believes it won’t be long before Litecoin hits a new all-time high, noting that it is breaking out of a downward trend in its Bitcoin pair as well.

“Several days before LTC went vertical in 2017, it had a 26% down day where weak hands got rid of their Litecoin.

From there, it returned to the highs and then did more than 4x to over $400. I feel like we just saw something similar happen yesterday.”

The trader says he’s also long on Solana, given the strength of its Bitcoin pair.

“Just giga-longed SOL. If SOL breaks above the diagonal in the area I highlighted below, every single target you have is too bearish compared to how high this will fly.”

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Tagged : $Sol / All News / Altcoins / Doge / Dogecoin / Ethereum / Kaleo / Litecoin / Ltc / News / Solana / Trading