Interesting technical signals have appeared on the 3-day time cycle for BTC. The MACD has already formed a golden cross below the waterline and is currently showing 4 green energy bars; at the same time, the RSI has also formed a golden cross in the lower half and is maintaining its stance. The combination of these two indicators usually indicates that a rebound may be starting, but it is important to note that such rebounds are often just a consolidation within a downtrend, representing a rebound rather than a reversal. Of course, considering the larger time span of the 3-day level itself, these signals are still worth paying attention to—after all, technical analysis on higher timeframes can still bring noticeable volatility to the market in the short term. Investors can refer to these indicator signals and make judgments based on their own risk tolerance.

BTC2,48%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
WalletsWatchervip
· 3h ago
3-day golden cross level, once again the same rebound narrative... Can it break through the previous high this time?
View OriginalReply0
SchroedingerMinervip
· 3h ago
The 3-day moving average golden cross sounds good, but if there's a rebound, just go ahead with the rebound. Don't give me any thoughts of a reversal...
View OriginalReply0
ArbitrageBotvip
· 3h ago
Golden cross remains a golden cross. I've seen many such rebounds, but it still depends on whether it can break through the previous high.
View OriginalReply0
Gm_Gn_Merchantvip
· 3h ago
MACD and RSI double golden cross sound good, but this time it's probably just a rebound trap... I've seen many relay trends, and every time people say the same thing. A big fluctuation on the 3-day level is real, but don't be too optimistic. The golden cross looks nice, but that's all it is. A rebound is a rebound, a reversal is a reversal, and there are too many people who can't tell the difference. Let's wait and see, don't rush to all in.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt