Bitcoin is experiencing sharp declines due to the events that pull the market down. BTC, which fell below $ 59,000 yesterday, recovered slightly and rose above $ 60,000.
While the recovery in BTC was a lifeline for altcoins, some altcoins experienced double-digit increases.
While there is activity in altcoins, successful analyst Ali Martinez stated that Shiba Inu (SHIB), Cardano (ADA) and Solana (SOL) may be on the verge of a significant price recovery.
The analyst, sharing from the
“TD Sequential is offering buy signals on the daily charts of Solana, ShibaInu and Cardano and predicting price recovery for these altcoins!”
What is the TD Sequential Indicator?
TD Sequential is a popular technical analysis tool that investors use to identify potential turning points in market trends. Developed by Tom DeMark, the indicator helps determine the exact timing of possible price reversals while signaling that the current trend is exhausted.
The TD Sequential presents buy signals on the daily charts of #Solana, #ShibaInu, and #Cardano, anticipating a price rebound for these #altcoins! pic.twitter.com/P8ZOYm9qTu
— Ali (@ali_charts) June 25, 2024
*This is not investment advice.
