A cryptocurrency analyst has explained how the TD Sequential has accurately spotted XRP trend reversals over the last three months, and It has just flashed again.
TD Sequential Has Given Another Signal For XRP
In a new post on X, analyst Ali Martinez has discussed about the Tom Demark (TD) Sequential signal that has just formed for XRP. The TD Sequential is a technical analysis (TA) indicator that’s used for spotting points of trend reversal in a given asset’s price.
The indicator involves two phases. In the first of these, called the setup, it counts up nine candles of the same color on the asset’s chart. Once the nine candles are in, it signals that the price trend has reached a state of exhaustion. In other words, the asset has reached a point of turnaround.
Naturally, this signal is a bullish one if nine red candles led to the setup’s completion. Similarly, the signal is bearish if green candles were involved instead. When the setup is done, the second phase be
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