Popular Analyst: “This Indicator Gives a Rally Signal for Shiba Inu!”

Following the recent developments spot Bitcoin ETFWhile the idea that ‘s will be approved strengthens, BTC It rose above $35,000 for the first time since May 2022.

With the rise in BTC altcoins also became active. at this point Solana (SOL), Ethereum (ETH) and XRPHe pioneered the altcoin rise of .

While investors wonder whether the rise in BTC and altcoins will continue, leading analyst Ali Martinezpopular meme token Shiba Inu (SHIB) He made a new post for.

Stating that the TD Sequential indicator gave a buying signal for SHIB, Martinez said that this was a bullish signal.

At this point, the analyst pointed out the last two examples in which this indicator gave a buy signal and pointed out that SHIB resulted in significant price increases of 118% and 71% respectively after the last two examples.

Martinez stated that such signals are rare and usually accurate, and that SHIB is in a very important area and should be monitored closely.

“The TD Sequential indicator has issued a buy signal on the weekly chart of SHIB.

Remarkably, this indicator was bullish before giving a buy signal, leading to a price increase of 118% and 71% respectively in the bullish cycle.

“Given the frequency and precision of such signals, SHIB is in a very important area to monitor.”

#ShibaInu | The TD Sequential flashed a buy signal on $SHIB weekly chart. Notably, the previous two bullish turns from this indicator led to price surges of 118% and 71%, respectively.

Given the infrequency yet precision of such signals, it’s a pivotal moment to keep a keen eye… pic.twitter.com/uwdWbSWFZw

— Ali (@ali_charts) October 25, 2023

Ali Martinez outside SHIB dogecoinHe stated that he expects an increase in . In a post he made over the weekend DOGEStating that looks ready to start a new uptrend, the analyst said that DOGE could rise to $0.070.

*This is not investment advice.