Trader Says One Large-Cap Altcoin Looks ‘Incredibly Good,’ Sees Solana (SOL) Grinding Higher

A crypto strategist known for his timely Bitcoin (BTC) calls says he has his eye on two large-cap altcoins.

In a new strategy session, pseudonymous analyst Cheds tells his 50,400 YouTube subscribers that he’s bullish on Ethereum (ETH), despite failing to sustain a rally after printing a new all-time high.

According to the trader, Ethereum appears to be in the process of flipping a major resistance level into support, which would put ETH in a stronger position to reach new all-time high territory.

“Ethereum still looks incredibly good. We had the beautiful, the magnificent, nobody’s ever seen it, this beautiful descending broadening right angle wedge – a breakout from that, and really the measured move, whether you go log or linear again [is] $6,500 and $9,000…

Ethereum even though we have this measured move $6,500 or $9,000, you have the prior all-time high resistance. [You] can’t overlook it.

So even though there’s the measured...

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