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thegoodsamm
Jul 18, 2018 5:03 PM

Expect more SHORTS liquidation! Long

Bitcoin / DollarBitfinex

Description

Don't blame me if this happen, blame it on huge inflow of money into BTC market right now.
Chaikin Money Flow is indicating serious uptrend with aggressive buying volume .


Except more shorts liquidation.

Comment

Load or Play this chart and you will see that the bulls are still incharge. The last HL on the CMF indicator is still pointing upward, a clear indication of money flowing into the market. Plus the volume is still looking healthy. as well
Comments
lakerzpewpew
Not exactly a bullish flag, it's a triangle
thegoodsamm
@lakerzpewpew, YES OFC! I know is not a flag but ascending triangle :)
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