On their daily broadcast, Ran and Sheldon predict their biggest winners for October last weekend and Q4 based on the tendency of altcoins to impress, with leader Ethereum poised for a pump.
Pertaining price action, Ether was just rejected at a falling wedge’s trend line resistance and is now trading at a break out level. Ether’s first 4-hour candle closing above the trend line will indicate faith in Altcoins, Sheldon claims.
Bitcoin dominance is in a downtrend but is moving sideways at the moment due to the momentum gained by Bitcoin recently. Another Bitcoin rally in November could send it higher, but a major reversal is expected when liquidity flows into altcoins.
In recent weeks, Ethereum dominance has been building a bullish flag; a breakthrough could see Ethereum dominance rise by 25%, and this projection will lead altcoins to rally in the long run.
Sheldon’s longterm picks for 4-10x include Arweave, LUNA, VET, AVAX, FTT, THETA, FLOKI (if it gets a retest), and DeFi coins like Sushi and CAKE. Ran’s short-term picks are TLM, CARDS, MVI, SUPER, UMB, UFO, and ARGO.
This episode premiered on October 29th, 2021.