Bitcoin Forum

Economy => Trading Discussion => Topic started by: CryptoReggae on May 20, 2019, 10:08:42 AM



Title: NVT+MFI+RSI = Short ?
Post by: CryptoReggae on May 20, 2019, 10:08:42 AM
I want to share an interesting graphic with you.

I want to clarify that it is not the result of my analysis, but it is taken from a youtube video of an important Italian trader that you can view here - https://www.youtube.com/watch?v=lc-xp1g784o (Italian Language) - I believe in turn taken from a tweet by @throwaway.

Go to analyze a graph with 3 indicators:

NVT
MFI
RSI

On a weekly timeframe, when the 3 indicators were at the highest (only 3 times), BTC subsequently made a correction.

Could this be the 4th case?

Analisys
https://imgur.com/SBpsUF3