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10,000% Gains? Why One Analyst Says the Strongest Altcoin Setup in Years Is Here


10,000% Gains? Why One Analyst Says the Strongest Altcoin Setup in Years Is Here

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A closely watched chart pattern has flipped bullish, and trader Mark Chadwick says this setup historically preceded altcoin rallies of between 2,000% and 10,000%. The technical signal could foreshadow significant crypto and DeFi token price upside and drive increased trading on DEX and CEX as investors eye fundraising and token launch opportunities.

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A closely watched chart pattern has flipped bullish, and at least one analyst says it mirrors the setup that preceded some of the biggest altcoin rallies on record.

According to trader Mark Chadwick, the pattern has historically occurred just before rallies of between 2,000% and 10,000%.

Read the article at CryptoPotato

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