Take a look at what happened around 8:45. On the 5-minute chart, the software simultaneously issued three short signals—red shadow in the candlestick area, the appearance of the red moving average, and MACD turning red as well. These three indicators resonated together, making the signal very clear. From a technical perspective, the price is in the range of 3275 to 3243, with approximately a 32-dollar decline potential. The battle between bulls and bears often occurs at such moments when multiple indicators align in the same direction, so it’s worth paying attention to how the subsequent trend responds to this wave of signals.
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.
23 Likes
Reward
23
7
Repost
Share
Comment
0/400
MetaNeighbor
· 01-09 03:04
The three indicators resonating this wave is quite intense, but the 8:45 time point is prone to pitfalls. I choose to stay on the sidelines.
View OriginalReply0
Frontrunner
· 01-08 21:39
The resonance of the three indicators can indeed be easily trapped; it depends on how the subsequent development unfolds.
View OriginalReply0
SatoshiChallenger
· 01-07 02:53
Do three indicators moving in the same direction become clear? What about lessons from history—aren't there many examples of automated signals failing [cold laugh]?
Interesting, now there's another act of "inevitability of technical analysis"... A $32 drop in price range, just listen.
Data shows that the success rate of such multi-indicator resonance isn't that high. Don't ask me how I know.
I'm not arguing; if you take the signals from the 5-minute chart seriously, then those who blew up last year are already Buffett.
Ironically, every time such "clear signals" appear, the market often moves in the opposite direction.
This technical analysis was also said the same way in 2015. And what was the result?
View OriginalReply0
LiquidationWizard
· 01-07 02:50
The three indicators resonating give this signal some substance. The downside potential to $32 looks tough to swallow.
View OriginalReply0
DataChief
· 01-07 02:49
Three indicators resonating? It looks to me like we're about to be lured into a long again.
View OriginalReply0
TokenomicsDetective
· 01-07 02:48
All three indicators turning red simultaneously, this wave of signals is indeed solid, and the $32 downside space isn't small.
---
It's that classic multi-indicator resonance again, just worried that the trend might give you a sudden slap in the end.
---
I didn't see that move at 8:45, so I missed out for nothing?
---
MACD turning red plus moving averages appearing, this combination indeed tends to trigger panic selling.
---
Basically, it's about whether the 3243 support can hold; if it can't, there might still be a decline.
---
The bulls and bears are most likely to clash at such nodes; keep a close eye on how it develops.
---
Red shadow, red line, MACD all red... it's a bit too tidy, signals like these are more likely to deceive.
---
$32 space? I need to calculate what percentage drop that is to make it meaningful.
---
The technicals look great, but I don't know if the fundamentals might suddenly cause trouble.
View OriginalReply0
BlockchainRetirementHome
· 01-07 02:33
Three indicators resonating? I still see it repeatedly testing. Can this wave break 3243?
Take a look at what happened around 8:45. On the 5-minute chart, the software simultaneously issued three short signals—red shadow in the candlestick area, the appearance of the red moving average, and MACD turning red as well. These three indicators resonated together, making the signal very clear. From a technical perspective, the price is in the range of 3275 to 3243, with approximately a 32-dollar decline potential. The battle between bulls and bears often occurs at such moments when multiple indicators align in the same direction, so it’s worth paying attention to how the subsequent trend responds to this wave of signals.