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Ethereum Historical Indicator Flashes Long-Term Buy Signal – Is History Repeating? Newsbtc 5 zile în urmă

Ethereum Historical Indicator Flashes Long-Term Buy Signal – Is History Repeating? 🔮

Ethereum TD Sequential

Ethereum has recently faced challenges, unable to surpass the $2,800 mark crucial for a recovery rally, as bearish sentiments grow. Despite this, the TD Sequential indicator on Ethereum's weekly chart has flashed a buy signal, hinting at a potential trend reversal. This aligns with historical movements of upwards momentum.

Meanwhile, investor confidence remains divided, with retail investors selling and larger players accumulating Ethereum, signifying positive long-term expectations. Martinez, a crypto analyst, highlights past rebounds seen with similar setups on Ethereum's weekly chart, suggesting this moment could be pivotal if the indicator's signal aligns with historical trends.

Sursă: www.newsbtc.com ↗

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