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mycotoxin
Oct 1, 2018 11:46 PM

ETH -Theres accumulation Hence the destination is still Up ! 

Ethereum / DollarBitfinex

Description

The CMF still heads ups up so the destination has to upwards ...

Comment

yeah I said it ...Up Up Up
Comments
Oracle618
What's money flow indicator?
mycotoxin
@TheCryp, tradingview.com/wiki/Chaikin_

Money_Flow_(CMF)Chaikin Money Flow (CMF) is a technical analysis indicator used to measure Money Flow Volume over a set period of time. Money Flow Volume (a concept also created by Marc Chaikin) is a metric used to measure the buying and selling pressure of a security for single period. CMF then sums Money Flow Volume over a user defined look-back period. Any look-back period can be used however the most popular settings would be 20 or 21 days. Chaikin Money Flow's Value fluctuates between 1 and -1. CMF can be used as a way to further quantify changes in buying and selling pressure and can help to anticipate future changes and therefore trading opportunities.

Oracle618
@mycotoxin, thanks!
mycotoxin
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