The last time Bitcoin MFI touched 30..

The Money Flow Index is a signal most don’t even know or chose to ignore. But it is very powerful.

Now there’s a lot of fear about, that’s for sure… but we take care of that by looking left.

On the above 3-day chart we have our strong price action support trend line. There was a strong bounce off this trend line when MFI touched 30. Circled in purple are the convergences between a MFI of 30 and trend line support.

So whatever happens over the remaining days of this month, know this, probability is on your side ;-)

WW

Trade closed manually:

Just as before, history repeats... and the fearful sell their Bitcoins cheap cheap.

Comment:

PS: following the confirmation, if you see $45.5k, grab it, price action is very unlikely to fall below this level.

Trade active:

Price action now moves to $62-63k before taking some consolidation time.

Trade active:

Remember this idea? Look left, see where MFI is? ;0)

3-day

And if we drill down further to the 2-day chart: