Ni6HTH4wK

OBV is bullish but MFI is in downtrend with short term up

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
954 views
14
Unlike the previous bullish rally, this one might stay undercover due to the low incline of MFI . Ultimately we're still going down but for the time being, this is as good a place to pick up some BTC as any. OBV is showing a major bullish trend but until we pop up out of the MFI resistance line, I don't think we'll be visiting the moon anytime soon.

Considering the last rally had an increase of $159 from its local low, don't waste any time contemplating this decision.

If we follow the timing of the recent breakout in October, mid-late February might be our best bet of the final low.

Comments

Interesting...
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out