Old one but still works today and the rsi(/macd) comparison is based on it where today's is 4 times larger.
Seed analysis:
Comparison of three different time frames:
1
2
3
+ in the same area there is a liquidation movement
Can it continue this truth? i don't know but it is too much similar.
Seed analysis:
Comparison of three different time frames:
1
2
3
+ in the same area there is a liquidation movement
Can it continue this truth? i don't know but it is too much similar.
Trade active
us500 hints that there can be more decline in 2025 and the next greens will fall back (IF greens come). I already talked about the loss of volume of us500 and several stocks in some btc analysis(jan/veb) and that the situation looks suspicious and today we can see the first results. All this can affect bitcoin.since I don't feel like sharing separate altcoin analyses, I'll talk about some altcoins here:
*DOGE*, gave the worst decline in history, which signal has not been seen on rsi indicators (different time frames) before. It is so strong that it gives the probability that if greens are coming, they will fall back where they came from(applies to several other meme coins).
*SOL*, the decline looks like a big point A, where every green can be at risk of correction (point b). Absolutely impossible to predict anything else about it today.
*ETH*, in my eyes it is clear that in 2025 it will not make a new ath (not even over 4k) unless it is at some x moment like an xrp pump x) but hardly. but any greens are expected to come lower. maybe next month when btc can leave March in the red? we will see.
*TRX* idiotically fast pump has only made it suspicious
the fourth was already too much, the fifth will not comex).
In summary, it seems that the situation will not recover quickly. right now I'm thinking of altcoins that have reached a strong catastrophe. this is no longer a correction, in the case of bitcoin it cannot be said for sure yet, because it is still holding up well compared to others.
And an update to the base analysis:
let's see if it can continue
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.