Analyst: Ethereum 4-hour chart shows a buy signal, key support is at $2,480
On November 1, cryptocurrency analyst Ali pointed out that the TD Sequential indicator on the Ethereum 4-hour chart has shown a buy signal, suggesting a possible rebound. Analysts emphasized that to maintain this bullish pattern, the ETH price needs to hold the support level of $2,480.
Note: TD Sequential is a technical analysis tool that predicts turning points in market trends by calculating the continuity of price changes, and is used to identify potential buying and selling opportunities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Banxico: Flexible stance with upside risks – Rabobank
Planet Ventures CEO Etienne Moshevich resigns
India Relaxes Asset Management Rules: Portfolio Management Industry Approved for Overseas Investment and Short Selling Stocks for the First Time
Indian regulators announced on Thursday that they will allow the country’s $463 billion portfolio management industry to invest in overseas securities for the first time and to conduct short-selling in stock options. This move opens up new channels for India’s wealthy class to access global markets and holds significance for AI-related assets, which have attracted strong investor interest. Additionally, India will launch new portfolio management products with lower investment thresholds.
Crypto prices
More
