Opinion | Analyst Ali Martinez: After PENGU fell about 20% over the past two weeks, the TD Sequential indicator has flashed another buy signal on the daily chart. He noted that after the indicator flashed buy signals in early August and mid-September, PENGU rose about 77.6% and 66.9%, respectively, while a subsequent sell signal was followed by a decline of about 31.5%. Based on this, the original article speculates that the current cycle could have around 70% potential upside. PENGU’s market cap has shrunk from over $2.5 billion to less than $500 million. Can this signal repeat history? Share your take in the comments.
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(Source: CryptoPotato)
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