A widely followed strategist is saying that he is bullish on the Ethereum (ETH<\/a>) scaling solution Polygon (MATIC<\/a>) while offering his outlook on three other crypto assets.<\/p>\n The crypto strategist pseudonymously known as Bluntz tells his 229,400 followers on the social media platform X that Polygon has more upside potential.<\/p>\n Bluntz says<\/a> that Polygon witnessed an \u201cimmaculate vertical accumulation\u201d over the weekend \u2013 or a series of higher highs and higher lows\u00a0which typically signifies a bullish trend.<\/p>\n The analyst shares a chart that shows MATIC surging to his target of $1.<\/p>\n \u201cPlenty of juice in the tank in my opinion, would be targeting at least new highs.\u201d<\/i><\/p>\n Polygon is trading at $0.777 at time of writing, up over 4% in the past day.<\/p>\n Turning to Bitcoin (BTC<\/a>), the pseudonymous strategist says<\/a> that he expects the flagship crypto asset to rally after completing the last leg down of a triangle pattern.<\/p>\n \u201cSaw a lot of BTC doom and gloom posts but the fact is, it\u2019s still ranging and contracting in three-wave moves.<\/em><\/p>\n My bias is this breaks up and today\u2019s flush was the final E wave of a triangle.\u201d\u00a0<\/em><\/p>\n Bitcoin is trading at $37,310 at time of writing, up over 2% in the last 24 hours.<\/p>\n Next up is Ethereum. Bluntz says<\/a> that the second-largest crypto asset by market cap could witness a strong burst to the upside if it manages to take out a key resistance level that has held for over a year.<\/p>\n \u201cI don\u2019t know exactly when this $2,180 ETH resistance gives way but when it does, it will be 525 days of pent-up frustration ready to blow.\u201d<\/i><\/p>\n Ethereum is trading at $2,062 at time of writing.<\/p>\n As for Solana (SOL<\/a>), the pseudonymous strategist says<\/a> that the sixth-largest crypto asset by market cap is primed to print a new 2023 high after completing an ABC correction and respecting support at around $51 despite flashing a potential breakdown from a head and shoulders reversal pattern.<\/p>\n \u201cI think head and shoulder bros are about to get baited big time on SOL.\u201d\u00a0<\/em><\/p>\n Solana is trading at $57.96 at time of writing, well above the bottom of the recent corrective move.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>
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