{"id":271725,"date":"2025-06-04T01:41:22","date_gmt":"2025-06-04T01:41:22","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/analyst-says-solana-flashing-very-promising-bullish-setup-predicts-rallies-for-two-low-cap-altcoins\/"},"modified":"2025-06-04T01:41:22","modified_gmt":"2025-06-04T01:41:22","slug":"analyst-says-solana-flashing-very-promising-bullish-setup-predicts-rallies-for-two-low-cap-altcoins","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=271725","title":{"rendered":"Analyst Says Solana Flashing \u2018Very Promising\u2019 Bullish Setup, Predicts Rallies for Two Low-Cap Altcoins"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>An analyst who has earned the Master Trader rank on the crypto exchange Bybit thinks Solana (<a href=\"https:\/\/dailyhodl.com\/currencies\/solana\/\" rel=\"noopener\" target=\"_blank\">SOL<\/a>) looks good after recovering a key support level.<\/p>\n<p>Pseudonymous analyst Bluntz <a href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1928932751568416844\" rel=\"noopener\" target=\"_blank\">tells<\/a> his 319,800 followers on the social media platform X that Solana is flashing a swing failure pattern (SFP) on the four-hour chart after losing support at $160 at the end of May, only to recover the price level days later.<\/p>\n<p>An SFP is typically viewed as a reversal pattern, and in Solana\u2019s case, the inability of bears to push prices lower indicates a failure to sustain downward momentum, potentially triggering a shift in market sentiment.<\/p>\n<p>Says Bluntz,<\/p>\n<p><em>\u201cQuite liking the SOL\u2019s reaction after taking the lows, working on a reclaim now, still early days but very promising in my opinion. If this reclaims, it\u2019s go time.\u201d<\/em><\/p>\n<figure style=\"width: 858px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/pbs.twimg.com\/media\/GsTyHHhaIAAQZAB?format=jpg&amp;name=medium\" alt=\"Image\" width=\"858\" height=\"1018\"\/><figcaption class=\"wp-caption-text\">Source: Bluntz\/X<\/figcaption><\/figure>\n<p>At time of writing, SOL is trading at $160.33, slightly above the trader\u2019s key support level.<\/p>\n<p>The analyst is also bullish on the artificial intelligence (AI)-focused crypto project ai16z (<a href=\"https:\/\/dailyhodl.com\/currencies\/ai16z\" rel=\"noopener\" target=\"_blank\">AI16Z<\/a>). According to Bluntz, the altcoin appears to have <a href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1929276428409016584\" rel=\"noopener\" target=\"_blank\">completed<\/a> an ABC correction on the daily chart, suggesting that the coin has printed a durable bottom.<\/p>\n<p>Bluntz practices the Elliott Wave theory, which states that an asset is primed to ignite rallies after completing an ABC correction.<\/p>\n<p><em>\u201cOf all my alt scans this morning, ai16z has the most textbook impulsive five-wave rise on high timeframes starting in April and now a very clean, clear three-wave ABC back into the major 0.618.<\/em><\/p>\n<p><em>It doesn\u2019t get more textbook than this. I think that\u2019s a major bottom for this one.\u201d<\/em><\/p>\n<figure style=\"width: 664px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GsYqfSaaEAAFMGI?format=jpg&amp;name=medium\" alt=\"Image\" width=\"664\" height=\"799\"\/><figcaption class=\"wp-caption-text\">Source: Bluntz\/X<\/figcaption><\/figure>\n<p>At time of writing, ai16z is worth $0.25.<\/p>\n<p>The last coin on the trader\u2019s radar is Gigachad (<a href=\"https:\/\/dailyhodl.com\/currencies\/gigachad-2\/\" rel=\"noopener\" target=\"_blank\">GIGA<\/a>), a memecoin built on the Solana blockchain. Bluntz <a href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1928199669588365357\" rel=\"noopener\" target=\"_blank\">says<\/a> GIGA appears to be following in the footsteps of fellow memecoin SPX6900 (<a href=\"https:\/\/dailyhodl.com\/currencies\/spx6900\/\" rel=\"noopener\" target=\"_blank\">SPX<\/a>), an altcoin that\u2019s up about 360% since bottoming out in March.<\/p>\n<p><em>\u201cGIGA looking pretty good in my opinion, so many similarities.<\/em><\/p>\n<p><em>Love it or hate it, Murad coins look spicy.\u201d\u00a0<\/em><\/p>\n<figure style=\"width: 922px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/pbs.twimg.com\/media\/GsJXXXCb0AASQif?format=jpg&amp;name=large\" alt=\"Image\" width=\"922\" height=\"777\"\/><figcaption class=\"wp-caption-text\">Source: Bluntz\/X<\/figcaption><\/figure>\n<p>At time of writing, GIGA is worth $0.23.<\/p>\n<p dir=\"ltr\"><em><span style=\"font-size: 13pt;\">Follow us on <a href=\"https:\/\/x.com\/TheDailyHodl\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/t.me\/thedailyhodl\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt;\">Don&#8217;t Miss a Beat \u2013 <a href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt;\">Check <a href=\"https:\/\/dailyhodl.com\/crypto-markets\/\" target=\"_blank\" rel=\"noopener\">Price Action<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt;\">Surf <a href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<center><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\"\/><\/center><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p dir=\"ltr\"><span style=\"font-size: 10pt;\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>An analyst who has earned the Master Trader rank on the crypto exchange Bybit thinks Solana (SOL) looks good after recovering a key support level. Pseudonymous analyst Bluntz tells his 319,800 followers on the social media platform X that Solana is flashing a swing failure pattern (SFP) on the four-hour chart after losing support at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":271726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[14892,13647,14545,11446,8630,37618,97476,27152,1820,11069,49794,23806,7003,21029,7657],"dealstore":[],"offerexpiration":[],"class_list":["post-271725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-ai16z","tag-altcoins","tag-analyst","tag-bullish","tag-flashing","tag-giga","tag-gigachad","tag-lowcap","tag-news","tag-predicts","tag-promising","tag-rallies","tag-setup","tag-sol","tag-solana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Analyst Says Solana Flashing \u2018Very Promising\u2019 Bullish Setup, Predicts Rallies for Two Low-Cap Altcoins - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=271725\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyst Says Solana Flashing \u2018Very Promising\u2019 Bullish Setup, Predicts Rallies for Two Low-Cap Altcoins - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"An analyst who has earned the Master Trader rank on the crypto exchange Bybit thinks Solana (SOL) looks good after recovering a key support level. 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