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2025-04-30
14:03
Ethereum Monthly Chart Shows Long-Legged Doji: Potential Trend Reversal Signal for ETH

According to Trader Tardigrade on Twitter, Ethereum has formed a long-legged doji candlestick pattern on its monthly chart, traditionally seen at the bottom of a downtrend. This pattern often signals the exhaustion of selling pressure and could act as an early indicator of a potential trend reversal from downtrend to uptrend for ETH. Traders may look for confirmation of this reversal in upcoming sessions before adjusting their strategies. (Source: Trader Tardigrade on Twitter, April 30, 2025)

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