Top Analyst Says Monster Breakout Underway for One Memecoin, Says Six Altcoins Are His Fastest Horse Picks

An analyst known for making timely altcoin calls thinks that a massive trend reversal is underway for an under-the-radar meme token.

Pseudonymous crypto strategist Bluntz tells his 283,700 followers on the social media platform X that Book of Meme (BOME) looks bullish after breaking out of its accumulation range in a big way.

“BOME daily looking like a MONSTER breakout now.

Surely I won’t cop heat for talking about a $700 million market cap coin.” 

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Source: Bluntz/X

Based on the trader’s chart, he seems to predict that BOME will rally to $0.03, suggesting an over 220% increase from current levels.

At time of writing, BOME is worth $0.00932.

The trader also unveils his current portfolio, which is made up of memecoins.

“My bags change frequently based on whichever charts I think look the best at any given time (astrology for men).

Always looking for the fastest horses but also I try not to diversify too much. I go hard into a handful of picks, usually up to 10 or MAX

Currently, my Noah’s Ark bags are:

WIF
BOME
SILLY
SLERF
PENG
CAT.” 

Another meme token on the trader’s radar is cat in a dog’s world (MEW). Bluntz says MEW looks strong after clearing its diagonal resistance on the daily chart.

“Huge daily downtrend breakout on MEW overnight.

Pretty significant in my opinion.” 

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Source: Bluntz/X

At time of writing, MEW is trading at $0.0084.

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Source: https://dailyhodl.com/2024/10/16/top-analyst-says-monster-breakout-underway-for-one-memecoin-says-six-altcoins-are-his-fastest-horse-picks/