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Showing posts with the label td sequential indicator

Ethereum Bulls Defend Support – Key Indicator Hints At Short-Term Rally

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Dogecoin Could Rally by 6,770%, According to Crypto Analyst – Here’s What Needs To Happen

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A popular crypto analyst says that meme asset Dogecoin (DOGE) could surge by quadruple digits percentage-wise for one key reason. Crypto trader Ali Martinez tells his 106,500 followers on the social media platform X that if DOGE follows a historic price pattern, the memecoin could surge to $17.76. “Dogecoin could rally by another 6,770% if it continues to follow the ascending parallel channel pattern!” Source: Ali Martinez/X An ascending parallel channel pattern is a bullish structure indicating that an asset is in an uptrend, printing higher highs and higher lows. DOGE is trading for $0.31 at time of writing, up 251% in the last year. Next up, the analyst says the (TD) Sequential Indicator is flashing a bullish signal for the decentralized oracle project Chainlink (LINK). Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their previous nine or 13 bars or candles. “The TD ...

Momentum Indicator Flips Bullish for Ethereum Rival Solana, According to Crypto Analyst – Here Are His Targets

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A momentum indicator recently flipped bullish for Solana (SOL), according to a popular crypto analyst. Ali Martinez tells his 70,400 followers on the social media platform X that the top Ethereum (ETH) rival’s Tom DeMark (TD) Sequential Indicator presented a buy signal on the asset’s daily chart. Source: Ali Martinez/X Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their 13 previous bars or candles. Martinez says SOL “could rebound from the channel’s lower boundary toward the middle or upper boundaries, positioned at $154 and $187 respectively.” SOL is trading at $123.22 at time of writing. The 5th-ranked crypto asset by market cap is down nearly 6% in the past 24 hours and nearly 10% in the past seven days. The analyst does caution, however, that a sustained close below the channel’s lower boundary at $126 could trigger a significant price correction for SOL, pushin...