Analyst: TD Sequential Indicator shows that if Bitcoin continues to close above $86,000, it will be expected to rise further

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PANews
04-17
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PANews reported on April 17 that analyst @ali_charts posted on X platform, stating that the TD Sequential indicator just issued a buy signal on Bitcoin's weekly chart. If it continues to close above $86,000, it may open the door to $90,000 or even $95,000.

It is understood that TD Sequential is a technical analysis tool invented by Thomas DeMark, primarily used to identify turning points in market trends and help traders determine buying and selling timing. The indicator predicts market trend reversal points by analyzing the sequence and combination of price data, and is particularly suitable for identifying top and bottom signals.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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