Ethereum Monthly Chart Flashes Twin Buy Signals; Analyst Eyes $3,000

Ethereum Monthly Chart Flashes Twin Buy Signals; Analyst Eyes $3,000

N
News Editor
2026-08-09 00:57:25
Crypto analyst Ali has posted a technical update on X concerning Ethereum's monthly chart. In his post, Ali said the TD Sequential indicator has flashed two buy signals at once, called 'black 9' and 'S13'. He explained that over the past four years, monthly TD Sequential readings for ETH have been closely tied to several significant turning points in the market. One example: a buy signal in September 2022 was followed by a price surge of 236%. Another: a signal in April 2025 preceded a 258% jump. Ali believes that if the current two signals are confirmed, Ethereum could begin a fresh upward movement. He also mentioned the $3,000 level as a nearby target that should be watched closely. This conclusion is drawn from the historical performance of the indicator on ETH's monthly chart, according to the analyst.

TD Sequential Flashes Twin Buy Signals on Ethereum's Monthly Chart

Analyst Ali wrote on X that the TD Sequential indicator just printed two buy signals on Ethereum's monthly chart: 'black 9' and 'S13'.

Historical Patterns and Price Target

Ali said that, across the past four years, TD Sequential signals on ETH's monthly timeframe have kept lining up with trend reversals. The standout cases: a 236% gain after a buy signal in September 2022, and a 258% rally after a similar signal in April 2025. If these current signals get confirmed, the analyst said Ethereum may be kicking off another upward move. And the nearby $3,000 target is the level to watch.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
10000

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.