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mycotoxin
Sep 27, 2018 8:37 AM

The CMF (money flow ) and BTC are in disagreement. 

Bitcoin / DollarBitfinex

Description

BTC is dropping but the CMF ( money Flow ) is moving up indicating accumulation is taking place .
This could mean that BTCs price is actually going to move up as the CMF usually wins
when theres a divergence ,

The next candle after the current red 3 will also have to be a green 1 and not a red 4 if BTC
is moving up .

Comment

BTC has the green 1
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Comments
Salmin
l can see a descending triangle forming on the hourly (1H)
mycotoxin
@Salmin, BTC can drop to 6360 and still be ok ,,below 6360 is a problem


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