On November 1st, crypto analyst Ali wrote that the TD Sequential indicator on the Ethereum 4-hour chart has shown a buying signal, suggesting a possible rebound. Analysts stressed that in order to maintain this bullish pattern, the ETH price needs to hold the support level of $2,480.
TD Sequential is a technical analysis tool that predicts turning points in market trends by calculating the continuity of price movements and is used to identify potential buying and selling opportunities.
Analyst: Ethereum 4-hour chart shows buy signal, key support at $2,480
2024-11-01 10:01:57
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