Bearish signals for Ethereum from the TD Sequential
Ethereum Bearish signals for Ethereum from the TD Sequential Bitcoin Ethereum News Yesterday a new bearish signal emerged regarding the price of Ethereum. This is the TD Sequential indicator, which in the past seems to have been accurate in predicting ETH trends. However, a single signal might not be enough to actually trigger a bearish phase. The TD Sequential The TD Sequential indicator (Tom DeMark Sequential) is a technical analysis tool developed by Tom DeMark in the 1990s and used for decades in short-term trading. It is used mainly to identify trend exhaustion points and potential trend reversals. It consists of two successive phases. The first is the so-called setup, which analyzes momentum and tries to identify a sequence of positive or negative closes. If at a certain point, after a certain sequence, a momentum reversal occurs, the second phase, called the countdown, is triggered. It therefore only works if there is a sequence followed by a momentum reversal, although to be honest it is not always very precise. For example, if there are several consecutive days with rising prices, when the momentum reversal then arrives, a decline is expected in the following days. However, since it is not infallible, it works better if combined with other tools, also because it can give false