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Inmortal: Litecoin, Bitcoin Cash & EOS Ready To Rally, Waiting on Chainlink

‏‏‎‏‏‎‏‏‎‏‏‎A popular cryptocurrency analyst and trader, known as Inmortal, is predicting breakouts for three altcoins, while waiting for Chainlink (LINK) to start ascending.

Inmortal shares with his 63,200 Twitter followers that peer-to-peer payments network Litecoin (LTC) has finally broken out of consolidation. The trader targets $260 for Litecoin.

“Perfect timing. Now teleport this to $260.”

The analyst is also following Bitcoin Cash (BCH) and smart contract platform EOS, which he says are likely to follow Litecoin’s bullish move.

“BCH/USD. Time to play the laggards. LTC is leading the way (old coins). I think BCH and EOS could follow.”

TradingView Chart
Source: Inmortal/TradingView

Inmortal is waiting for decentralized oracle network Chainlink to break its immediate resistance against Bitcoin (LINK/BTC) at 0.00065 BTC.

“One of my favorite ALT/BTC charts.

The plan is simple,
Wait for a clear break above KEY level + 200MA (moving average) to confirm that deviation, then buy/long on a retest, targeting those equal highs at 0.001 BTC ($50).

High probability 3R setup.”

TradingView Chart
Source: Inmortal/TradingView

As for Bitcoin, which broke the important $51,000 mark, the crypto analyst’s next targer is $60,000.

“BTC/USD

BTC will follow ETH.

Vertical accumulations lead to expansion.”

TradingView Chart
Source: Inmortal/TradingView

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