RSI Length: 50
MA Type: SMA
MA Length: 50
Historically, when RSI is below SMA on this setting, it means the start of alt season. One thing to pay attention to is that RSI is trying to break above the SMA line and if RSI fails to break above the SMA line, it is a confirmation that btc will lose value against alts. People have been calling for alt season since 2022, but still nothing has happened and this chart also does not confirm or predict an alt season. I’m just pointing out what has historically happened to the Big D based on RSI chart.
MA Type: SMA
MA Length: 50
Historically, when RSI is below SMA on this setting, it means the start of alt season. One thing to pay attention to is that RSI is trying to break above the SMA line and if RSI fails to break above the SMA line, it is a confirmation that btc will lose value against alts. People have been calling for alt season since 2022, but still nothing has happened and this chart also does not confirm or predict an alt season. I’m just pointing out what has historically happened to the Big D based on RSI chart.
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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.