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Captain Faibik, a popular analyst in the world of cryptocurrency, made significant predictions today for Bitcoin and six altcoins. The analyst identified key levels and provided technical analysis to guide his followers. The analyst has high expectations for the cryptocurrencies examined, especially Bitcoin.
Bitcoin, DYDX, and COTI Predictions
According to the analyst, Bitcoin has formed a rising wedge on the 4-hour chart and an ascending triangle on the 12-hour chart. Breaking the $38,000 resistance level would indicate a bullish trend for BTC. There is a possibility that BTC could reach the $41,000 level. If the resistance cannot be broken, the price may drop to around $34,000.
The analyst issues an important warning for DYDX. He advises not to sell the altcoin until it reaches $7. According to the analyst, this level could be reached very soon.
The analyst points out that the falling wedge pattern has been retested for COTI. He emphasizes that he expects a 250% rally in COTI in the medium term. The analyst suggests that the price could reach $0.13.
SHIB, APE, HFT, and LINK Predictions
The analyst highlights that the main trend line for Shiba Inu has been retested, indicating an upcoming turnaround. The level identified by the analyst suggests a nearly 2.5-fold increase. The emphasized level is around $0.000018.
The analyst believes that APE coin has reached a bottom level but has not yet made a breakthrough. He predicts a 200% rally for APE coin and points to a price level of $3.5.
The analyst states that there has been a breakout in the trend line for HFT. He believes that this breakout could push the price up to $0.54. Such an increase would represent over 200% growth for the cryptocurrency.
Finally, the analyst advises patience when it comes to the price of LINK. He points out that the cryptocurrency has not yet reached its target and suggests that it could reach $27 and above in the near future. As a reminder, LINK experienced a significant increase in October, starting at $5 and reaching $16.5.
