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Closely followed crypto analyst and trader Michaël van de Poppe announced two relatively unknown altcoins that offer great entry opportunities.

Van de Poppe (Crypto Michael) said in a new message to his 85,000 followers that he is closely following Ocean Protocol (OCEAN), a platform that allows companies to sell their data in a secure marketplace and buy their data. According to the analyst, traders can expect OCEAN to drop by over 37% against Bitcoin (BTC) before entering:

“I think the level of 3.900 (satoshis) is a very important level to be broken. Failed. Lower highs, lower lows. I’m looking for 2,500 and 1,900 (satoshi) support for large entries. ”

Van de Poppe is also closely following Tomochain (TOMO), a project that aims to improve scalability issues affecting many blockchains. The cryptocurrency strategist says that TOMO offers a great opportunity against BTC as it is trading close to historical support of 0.000034.

As for the TOMO / USDT (Tether) pair, Van de Poppe expects it to build a base and build a new base on its way to an all-time high before June 2021. Poppe says: “We’ll likely find resistance around $ 0.80, so we’re getting closer. Most likely, we’ll get something like this: either $ 0.48 again or $ 0.59. These two levels I will seek accumulation for variable trade… Considering the new recovery and the new wave of action, the target areas could be around $ 1.60 ”.

While the trader is waiting for a correction in OCEAN and TOMO, the general altcoin market will rise.

(Excerpt) Read more Here | 2020-11-23 12:50:00


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