DOGE Crashed 31% The Last Time This Indicator Fired: Now It Is Flashing Buy
The Tom DeMark Sequential indicator that predicted Dogecoin’s (CRYPTO: DOGE) 31% crash from $0.113 to $0.078 in May is now flashing a buy signal as DOGE bounced 3% on Thursday.
The Same Indicator That Called The Top Is Now Calling A Bottom
Analyst Ali Charts flagged the signal on X, noting the May 7 sell signal preceded the 31% correction almost exactly.
The same setup now points the other direction. Supporting the case, the daily SAR flipped bullish at $0.078, sitting below price and holding for two consecutive green days, the most constructive price action since April.
On Tuesday, Ali Charts also flagged whale accumulation of over 200 million DOGE, adding further weight to the setup.
However, the full bearish EMA stack remains overhead as resistance between $0.09195 and $0.11742.
The broken channel base near $0.093 to $0.095 is the first real wall to clear. Reclaiming the 20 EMA at $0.09195 on volume targets $0.09725 then $0.10168. Losing SAR support at …
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