TD9 Indicator
The TD9 indicator, developed by Tom DeMark, is a sequential analysis tool used in technical trading to identify potential price reversals. It counts a series of daily closes higher than four bars prior, signaling a potential top, or lower than four bars prior, signaling a potential bottom.
Bitcoin Bear Market Signals End: TD9 Indicator Shows Potential Bullish Reversal
The TD9 indicator, a technical analysis tool, has flashed a rare reversal signal for Bitcoin, suggesting the end of its prolonged bear market and the potential for a price upswing. This marks the first such signal since July 2022.
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