Analyst: Ethereum Monthly Chart Shows Double Buy Signal
2026-08-09 00:57
Odaily News Analyst Ali posted on the X platform, stating that the TD Sequential indicator has recently flashed two buy signals on Ethereum's monthly chart, namely "Black 9" and "S13." According to analysis, over the past four years, ETH's monthly TD Sequential signals have corresponded to trend reversals multiple times, including a 236% surge following the buy signal in September 2022, and a 258% increase after the buy signal in April 2025.
If this round of signals is confirmed, it could drive a new upward trend for Ethereum, with attention on the target price near $3,000.
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