📊 SMI MFI Unwrapped: The SMI MFI (Smoothed Money Flow Index) is a technical indicator that blends the Money Flow Index (MFI) and the Stochastic Momentum Index (SMI). It provides a unique perspective on market sentiment and momentum.
🔄 Understanding Global Reversals: The SMI MFI indicator is particularly valuable for identifying major market turning points. It can...
Looking at the Bitcoin quoted chart on the left side, we have a bullish divergence on volume, as per the Stochastic Momentum Index (SMI) of Money Flow Index (MFI) indicator.
On the chart quoted in Dollars, a divergence was signaled beforehand in the ROC (Rate of Change), allowing an entry at the breakout of the 0.91 value.
