According to a closely-followed crypto analyst, one of Solana’s competitors (SOLBitcoin) by updating his outlook (BTC() and digital assets.
Ali Martinez shares a brand new session on trading strategies. tells His 69.600 followers on social media platform X, that key metric flashes a purchase signal for SUISui Network, a platform that combines layer-1 smart contracts with blockchain technology and native crypto assets.
“The TD Sequential presented a buy signal on the SUI weekly chart. A sustained close above the 50-week moving average could trigger a 30% upswing to $1.20!”
Tom DeMark’s (TD) Sequential Indicator allows traders to forecast the point of reversal in a price for an asset.
SUI currently trades for $0.843, a slight increase over the past 24 hours.
The Aave protocol for decentralized financial (DeFi).AAVEMartinez said that altcoins could be facing a 27% corrective as they tend to drop after the TD Sequential flashes a buy signal on their daily chart. The trader claims this happened not long ago.
“The last four times the TD Sequential flashed a sell signal on the AAVE daily chart, it was followed by an average correction of 27%. The same sell signal is now appearing, suggesting a potential drop for AAVE.”
AAVE’s value is $135.47 as of the time this article was written, which represents a decrease of 1.1% over the past day.
The Strategist goes on. note Layer-2 Scaling Solution PolygonMATIC() also faces a correction following days of rising momentum.
“Polygon has seen a significant surge in recent days, but caution is advised. The TD Sequential on the hourly chart is signaling a potential correction for MATIC.”
MATIC currently trades at $0.52, an increase of 8.4% over the last 24 hour.
Martinez concluded his crypto-king analysis by addressing the audience. says BTC’s bull cycle is just beginning, based on its history. This trader is also notes After the Tether stablecoin, digital assets tend to rise.USDTThe. is produced on a massive scale.
“It’s been 119 days since the 2024 Bitcoin halving. In the last two cycles, BTC hit a market top around 530 days post-halving. If history repeats, we’re still in the early stages of this cycle!”
Bitcoin has a current value of $60,330.
Don’t Miss a Beat – Subscribe Receive email alerts directly in your mailbox
Check this out Price Action
Join us! X, Facebook The following are some examples of how to get started: Telegram
You can surf to your heart’s content The Daily Hodl Mix
 
Disclaimer: The opinions expressed on The Daily Hodl do not constitute investment advice. Before investing in Bitcoin or other digital assets, investors should perform their own due diligence. Your transfers and transactions are entirely at your own risk. own Risk is yours, as are any losses. The Daily Hodl is not an investment adviser and does neither recommend buying or selling cryptocurrencies or other digital assets. The Daily Hodl engages in affiliate marketing.
Generated Image DALLE3
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: dailyhodl.com