What indicates this? Difference between RSI and MFI. And now in more detail.
RSI (Relative Strength Index) is an indicator that measures the speed and extent of price changes in the market.
MFI (Money Flow Index) is an indicator that takes into account the volume of transactions and price changes to determine the money flow in the market.
When MFI is greater than RSI (indicator at the bottom), the current price movement is supported by money flow. In other words, the strength indicator is weaker than the money flow indicator, which indicates that money flows into the
BTC
, but the price does not change much, this is the so-called accumulation phase.
RSI (Relative Strength Index) is an indicator that measures the speed and extent of price changes in the market.
MFI (Money Flow Index) is an indicator that takes into account the volume of transactions and price changes to determine the money flow in the market.
When MFI is greater than RSI (indicator at the bottom), the current price movement is supported by money flow. In other words, the strength indicator is weaker than the money flow indicator, which indicates that money flows into the
BTC
, but the price does not change much, this is the so-called accumulation phase.