Analyst: Ethereum 4-hour chart shows a buy signal, key support is at $2,480
On November 1st, cryptocurrency analyst Ali pointed out in an article that the TDSequential indicator on the 4-hour chart of Ethereum has shown a buy signal, suggesting a possible rebound. The analyst emphasized that in order to maintain this bullish trend, the ETH price needs to hold the support level of $2480.
Note: TD Sequential is a technical analysis tool that predicts market trend reversal points 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.
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