TL;DR
TD Sequential prints a 9-buy signal after weeks of decline, hinting at potential trend reversal.
The asset breaks out of a falling wedge, confirming bullish structure and lifting PENGU into the previous range.
Analysts are watching $0.042 as the next key resistance after a 13% gain and strong short-term buying interest.
TD Sequential Signals a Buy on 3-Day Chart
A new buy signal has appeared for PENGU on the 3-day chart using the TD Sequential indicator. Shared by crypto analyst Ali Martinez, the indicator printed a “9” candle, which often appears at the end of a downtrend. It suggests that sellers may be losing momentum.
Meanwhile, the signal is shown with a gray upward arrow below the latest candle. Martinez posted,
“$PENGU is a BUY right now, per the TD Sequential indicator.”
These setups are usually watched for early signs of a bounce or shift in trend. The signal follows several weeks of declining price action.
$PENGU is a BUY right now, per the TD Sequential in
We współpracy z: https://cryptopotato.com/pengu-bottom-in-td-sequential-and-wedge-breakout-say-yes/