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<p>In a recent market analysis, seasoned <a href="https://twitter.com/ali_charts/status/1733903906105618675" target="_blank" rel="noopener noreferrer nofollow">crypto trader Ali</a> has drawn attention to a noteworthy development on the Ethereum (ETH) charts. According to Ali, the TD Sequential indicator has issued a sell signal on the ETH 3-day chart, signaling a cautionary note for Ethereum investors.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="694" src="https://captainaltcoin.com/wp-content/uploads/2023/12/image-291-1024x694.png" alt="" class="wp-image-396239" srcset="https://captainaltcoin.com/wp-content/uploads/2023/12/image-291-1024x694.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-291-300x203.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-291-767x520.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-291-1536x1041.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-291-2048x1388.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-291-221x150.png 221w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-291-100x68.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-291-516x350.png 516w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-291-788x534.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/12/image-291.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>The sell signal, if confirmed, could pave the way for a prime buying opportunity, with Ali suggesting that ETH might retrace to the $2,150 level. This retracement, if it materializes, could mark a crucial juncture in market dynamics, presenting an opportune moment for investors to enter or accumulate Ethereum positions.</p>
<p>Ali’s analysis doesn’t stop at the potential retracement; he envisions this as a strategic move before a potential rally. The optimistic scenario outlined by Ali suggests that Ethereum could embark on a bullish trajectory, aiming for a target of $3,500.</p>
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<p>While the crypto market is inherently volatile, traders often rely on technical indicators like the TD Sequential to navigate price trends. The sell signal on the 3-day chart, as highlighted by Ali, adds an intriguing layer to Ethereum’s current narrative, prompting investors to watch the charts closely for confirmation and potential market shifts.</p>
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<p>The post <a href="https://captainaltcoin.com/ethereum-flashes-sell-signal-analyst-highlights-potential-eth-buying-opportunity/" rel="noopener noreferrer nofollow">Ethereum Flashes Sell Signal, Analyst Highlights Potential ETH Buying Opportunity</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Ethereum Flashes Sell Signal, Analyst Highlights Potential ETH Buying Opportunity

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