The Tom DeMark (TD) Sequential Indicator is a metr
The Tom DeMark (TD) Sequential Indicator is a metric used by traders to predict points of reversal for the price of an asset.
SUI is trading for $0.843 at time of writing, a fractional increase during the last 24 hours.
Moving on to decentralized finance (DeFi) protocol Aave (AAVE), Martinez says the altcoin could face a 27% correction as it tends to dip after the TD Sequential flashes a sell signal on its daily chart, which the trader says happened recently.
“The last four times the TD Sequential flashed a sell signal on the AAVE daily chart, it was followed by an average correction of 27%. The same sell signal is now appearing, suggesting a potential drop for AAVE.”
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