Citing CaptainAltcoin, the SEI price has shown a potential short-term buy signal on the TD Sequential indicator at the monthly open, as noted by crypto analyst Ali. The token rebounded from the bottom of a triangle pattern, suggesting a possible 10% upward move. However, the broader trend remains bearish, with technical indicators such as RSI, MACD, and Ultimate Oscillator showing weakness and a 'Strong Sell' signal. A breakout above the triangle and the downward structure is needed for a stronger bullish case.
SEI Price Flashes Buy Signal, But Breakout Uncertain
KuCoin NewsShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.