Bitcoin

MFI analysis highlights this failed trend?

I''ve posted a few posts on my investigation into MFI. We are swamped with so many indicators but this in contrast with RSI can help identify early warning signs of moves up and down on short and long term time frames. I'm using it now to validate all trades when I use RSI.

- MFI does suggest some small support at 8450 level - If it fails then we are heading down to retest which may fail.

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