Hello my dear readers,
I was doing an analysis of Bitcoin for my VIP's and found some interesting things.
(On a Weekly Time Frame)
The most interesting is that the Money Flow Indicator recently increased to a level that was not seen since January 2018, indicating huge buys are taking place- without much price movement.
Another interesting find is while bitcoin volume is going down, money flow is increasing. All of the weak hands are mostly out by now.
Remember those $500-$1000 daily price movements in Bitcoin? They will be back again, this time, more room is on the upside.
If $4800 breaks, we could see $6k/ BTC once again.
(This analysis was done using a weekly time frame chart)
What do you think? Is the huge increase in money flow while prices are relatively stable a bullish sign? In my opinion- yes.
If you enjoyed these finds, please remember to follow, like and comment for more as time goes on!
-Shaggad
I was doing an analysis of Bitcoin for my VIP's and found some interesting things.
(On a Weekly Time Frame)
The most interesting is that the Money Flow Indicator recently increased to a level that was not seen since January 2018, indicating huge buys are taking place- without much price movement.
Another interesting find is while bitcoin volume is going down, money flow is increasing. All of the weak hands are mostly out by now.
Remember those $500-$1000 daily price movements in Bitcoin? They will be back again, this time, more room is on the upside.
If $4800 breaks, we could see $6k/ BTC once again.
(This analysis was done using a weekly time frame chart)
What do you think? Is the huge increase in money flow while prices are relatively stable a bullish sign? In my opinion- yes.
If you enjoyed these finds, please remember to follow, like and comment for more as time goes on!
-Shaggad
Nota
We reached $4,800! Congrats to all.
𝑷𝒂𝒊𝒏 𝒑𝒐𝒊𝒏𝒕𝒔 𝒐𝒖𝒓 𝑽𝑰𝑷 𝑶𝒑𝒕𝒊𝒐𝒏𝒔 𝑨𝒍𝒆𝒓𝒕𝒔 𝑺𝒐𝒍𝒗𝒆𝒔:
1. Not knowing when to take profit
2. Holding trades for too long
3. Buying a overpriced entry point
4. Being stuck in a trade
Join here: moneygroup.us
1. Not knowing when to take profit
2. Holding trades for too long
3. Buying a overpriced entry point
4. Being stuck in a trade
Join here: moneygroup.us
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
𝑷𝒂𝒊𝒏 𝒑𝒐𝒊𝒏𝒕𝒔 𝒐𝒖𝒓 𝑽𝑰𝑷 𝑶𝒑𝒕𝒊𝒐𝒏𝒔 𝑨𝒍𝒆𝒓𝒕𝒔 𝑺𝒐𝒍𝒗𝒆𝒔:
1. Not knowing when to take profit
2. Holding trades for too long
3. Buying a overpriced entry point
4. Being stuck in a trade
Join here: moneygroup.us
1. Not knowing when to take profit
2. Holding trades for too long
3. Buying a overpriced entry point
4. Being stuck in a trade
Join here: moneygroup.us
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.