These indicators show bullishness for Dogecoin

The expert said that Dogecoin has lately shown trends in two indicators that might boost its price.

The indicator features setup and countdown stages. In the initial arrangement, candles of the same hue are tallied up to nine. These candles need not be consecutive.

After nine candles, the setup is complete and the TD Sequential signals an asset reversal. Naturally, if the candles involved in the setup's completion were green, the indication would imply a top, and if red, a bottom.

Once setup is complete, the countdown starts. This TD Sequential phase operates precisely like the setup, except with thirteen candles instead of nine. After these candles are displayed, the indicator sends another price buy or sell indication.

Dogecoin completed the first TD Sequential phase recently. The analyst submitted this DOGE 4-hour price chart showing this signal:

The Dogecoin 4-hour price has completed the TD Sequential setup with nine green candles, as seen in the graph above, suggesting a price reversal.

DOGE has had more good signs lately, as Martinez noted in another X post that the whales have been buying in recent days.

The analyst cites Santiment's Supply Distribution, which shows how much supply every wallet group has.

The whale cohort, big investors with 10 million to 100 million tokens, is seen in the chart below:

From the graph, whales' Dogecoin supply has increased lately. In the previous two days, the whales have added 90 million DOGE ($28.7 million) to their holdings.

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