Crypto Analyst Inmortal Is Bullish On Bitcoin, Ethereum & Cosmos

According to a popular crypto market analyst and trader, Bitcoin (BTC), Ethereum (ETH) and Cosmos (ATOM) are likely to see sustained rallies.

Bitcoin (BTC)

The analyst shared with his 147.9K followers on Twitter that he is keeping an eye on the inverse chart of Bitcoin. Looking at his chart prediction, BTC would hit around $60K in May this year.

“How is this pattern called?”

How is this pattern called?#Bitcoin pic.twitter.com/5ZJEiChPVB

— Inmortal (@inmortalcrypto) March 19, 2022

Inmortal notes that in the short-term, Bitcoin should climb above its immediate resistance at $42.5K in order to keep the bullish momentum intact.

“Less than 48h for the weekly close and the chart looks like this.

Still thinking big wicks mean nothing if they didn’t have follow-up.

A close above $42.5k would be good.”

Less than 48h for the weekly close and the chart looks like this.

Still thinking big wicks means nothing if the didn't have follow up.

A close above 42.5k would be good.#Bitcoin pic.twitter.com/reI1a3iTg8

— Inmortal (@inmortalcrypto) March 19, 2022

At the time of writing, BTC trades at $42,150, up 2.6% on the daily chart.

Ethereum (ETH)

The analyst also looks into Ethereum against Bitcoin. He points out that ETH/BTC has managed to break its bearish market structure, and looks ready to make its first higher high after 3 months in downtrend.

“First signs of reversal on ETH vs. BTC after 100 days downtrend.

HH (higher highs) + HL (higher lows) = 0.074 BTC.”

First signs of reversal on $ETH vs $BTC after 100 days downtrend.

HH + HL = 0.074 pic.twitter.com/CIo6JMGGaf

— Inmortal (@inmortalcrypto) March 17, 2022

At the time of writing, ETH is trading at 0.06986 BTC, down 1% on the daily chart.

Cosmos (ATOM)

Looking into Cosmos, Inmortal predicts ATOM to rally to around $34 levels in the coming days.

“I’m in ATOM since $27.77, targeting range high.”

I'm in $ATOM since 27.77, targeting range high.

Trade with me herehttps://t.co/661Xnji6jc pic.twitter.com/UaRQV2PAEd

— Inmortal (@inmortalcrypto) March 19, 2022

At the time of writing, ATOM trades at $27.83.