Watching the SRSI and MFI for a bearish divergence to short. I'll explain what I'm waiting for. The price peaked at 10.4k and seemed to have a sustained high at 9.8k. I'm waiting for the price to rise above 9.8k where the MFI and/or the SRSI has a lower higher while the chart is making a higher high. Then I'll short.
Trend lines are drawn to suggest where this will happen.
You can see how effective this was at predicting the pump. unfortunately I was not expect it to react so quickly and missed out. I suspect that the next dump might be as reactive as the last pump.
Trend lines are drawn to suggest where this will happen.
You can see how effective this was at predicting the pump. unfortunately I was not expect it to react so quickly and missed out. I suspect that the next dump might be as reactive as the last pump.