At this point, the analyst first recalled that the TD Sequential indicator gave a sell signal after Bitcoin approached $85,000, and that $BTC lost approximately 2.80% of its value, falling to the $82,000 level.
Noting that the TD Sequential indicator generated a buy signal this time after the sell signal, the analyst indicated that the correction may be nearing its end and a new recovery could occur in the coming period.
The Critical $82 Level for Hype is Back in the Spotlight!
Secondly, the analyst noted that the TD Sequential indicator also gave a buy signal for $HYPE.
The analyst also noted that the TD Sequential indicator for $HYPE had given a sell signal at its local peak around $82, resulting in a 4.22% drop in price. Now, however, the same indicator is generating a buy signal again on the hourly chart. According to the analyst, if the $78 level is maintained, $HYPE has the potential to recover towards $82 and higher.
Buy Signal in Zcash: $1,250 Support is Critical!
According to the analyst, Zcash is exhibiting similar price movement. Noting that the TD Sequential indicator gave a sell signal near its local peak of around $1,350, the analyst stated that the price subsequently experienced a 6.44% retracement.
According to the analyst, with the indicator generating a buy signal again, attention for $ZEC has turned to the $1,250 support level. If this level is maintained, $ZEC may be able to recover towards the $1,350 level.
*This is not investment advice.
en.bitcoinsistemi.com
