Crypto analyst Ali Martinez shared notable technical levels for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). According to Martinez, the TD Sequential indicator on Bitcoin’s hourly chart gave a buy signal in the key support zone around $83,000.
The analyst noted that this signal was particularly noteworthy. Martinez recalled that the correction in Bitcoin over the last 24 hours followed a previous sell signal from the same indicator, and stated that the TD Sequential turning bullish at the support level this time could indicate a possible rebound.
Martinez stated, “The TD Sequential indicator on Bitcoin’s hourly chart gave a buy signal just around the $83,000 support level. Prior to the correction in the last 24 hours, the same indicator had generated a sell signal. Now that the indicator has turned bullish at the support level, I am closely watching for a potential BTC recovery.”
Martinez adopted a more cautious stance regarding Ethereum and Solana. The analyst stated that Ethereum could be leading the downward movement in the market, while Solana might be following ETH.
Martinez stated that if Ethereum continues its downward movement towards $2,500 after breaking out of a price channel, a new wave of decline could be seen in Solana as well, adding that he is initially watching the $114 level for SOL. He further indicated that if this support is lost, $110 could be the next important level.
*This is not investment advice.
