revorevo

revorevo

Hello traders, First some TA based of similarities in the overall structure and RSI. Since bitcoin is currently in a descening channel which looks really similar to the last bubble aftermath i wanted to compare the 2. With TA kinda becoming a self fulfilling prophecy over the years especially in Crypto markets its likely that patterns like these will repeat...

revorevo

The nasdaq is the dax on steroids. The dotcom bubble looks like a joke compared to that mania we have going on rn... Dax is not as bad but current volume is lower than in previous cycles. Reoccuring rsi divergence which led to a significant pullback in the past might not happen because of current market hype or whatever this is just my personal similarity chart lol

revorevo

1D Rsi shows highly overbought conditions. This relief rally, after a new all time low since trading started against TUSD on Binance, is most likely followed by a big retrace seen in Iotas price history. Me being short term bearish on bTC too supports my idea since IOTA follows BTC more or less. Seeing support at 0,15 while also seeing old support become...