Analyst: The TD Sequential indicator shows that if Bitcoin continues to stay above $86,000, it is likely to rise further
ChainCatcher news, analyst @ali_charts posted on the X platform that the TD Sequential indicator has just issued a buy signal on the Bitcoin weekly chart. If it continues to close above $86,000, it may open the door to $90,000 or even $95,000.
It is reported that TD Sequential is a technical analysis tool invented by Thomas DeMark, primarily used to identify turning points in market trends, helping traders determine the timing for buying and selling. This indicator predicts reversal points in market trends by analyzing the sequence and combination of price data, making it particularly suitable for identifying signals at tops and bottoms.
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