Bitcoin / TetherUSDiupdate MFI indicator suggests long for now
Simple MFI divergence (bespoke length set to 30 at 2hr) - Accumulation occurring before the expected events to turn bullish.
Next
- Similar pattern in April 7th (the weekend) Expecting to run along the bottom side of the channel then drop come Monday.
- Watching MFI for confirmation of this - drop (in volume) while RSI remains high. I'll reset and compare (length to 10 - 14 periods) to get clearer indication of whether it will break up or down.
Only in for 20% as we are still in the bearish channel + bearish mid-term - 4800. So no FOMO for me :)
Nice to have some relief for the Crypto TV crew.
Best, Hard Forky
Next
- Similar pattern in April 7th (the weekend) Expecting to run along the bottom side of the channel then drop come Monday.
- Watching MFI for confirmation of this - drop (in volume) while RSI remains high. I'll reset and compare (length to 10 - 14 periods) to get clearer indication of whether it will break up or down.
Only in for 20% as we are still in the bearish channel + bearish mid-term - 4800. So no FOMO for me :)
Nice to have some relief for the Crypto TV crew.
Best, Hard Forky
Catatan
Note - This is Binance BTC / USDT so data may vary for some - Bitfinex is no longer the biggest player in the BTC market.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.