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.

Benzinga