๐ OKB/USDT - TD Sequential Bullish Setup 9 Completed! | 30M
After a sustained decline from ~$104 โ ~$98.5, the TD Sequential has just printed a Bullish Setup 9 on the OKB/USDT 30-minute chart a classic exhaustion signal indicating that bearish momentum may be running out of steam.
๐ข What is a Bullish TD Sequential Setup 9?
TD Sequential, developed by Tom DeMark, counts 9 consecutive candles where each close is LOWER than the close 4 candles prior. When the 9th candle completes, it signals that the downtrend is statistically exhausted and a potential reversal zone is near.
๐ What the chart shows (Mar 7โ8, 2026):
โข Price dropped from a high of ~$104 down to the ~$98โ$99 zone
โข Multiple bearish setup sequences (red candles labeled 1โ9) confirmed the downtrend
โข Bullish Setup 9 (โณ teal triangle) completed at the current session low near $98.5
โข Volume remained moderate watch for a volume spike to confirm reversal
๐ Signal Zone: ~$98โ$99
๐ฏ Watch Targets: $100.5 / $102 / $104
โ Invalidation: Clean close below $97.5
๐ Key Takeaway:
A Bullish 9 does NOT guarantee a reversal it marks a high-probability exhaustion zone. Use it alongside support/resistance, volume, and other indicators for confluence.
Chart powered by ChartScout (chartscout.io) ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐
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