sure those arrows show the professional money selling
so you can see whats called divergence when the price goes up but an indicator level goes down
that professional money flow shows whether buying or selling is mostly going on so you can see the pros, majority etc were selling into the news hype whatever more than anyone was buying it that second arrow shows even with the price at that high there wasnt much buying to going on compared to the first rise which was obvious anyway the way price didnt hold and any buying and it was purely to sell into the news which came no intention of holding it for whatever was supposed to happen today or whatever they were spruiking
so if you cant short it then weak hands is selling it big deal ...when you can chart or provide some FA on stats or numbers that are logical something maybe then ill listen to the blah blah
the indictor is turning up very slightly here but needs more buying and may change end of day with a T2 situation
- Forums
- ASX - By Stock
- AB1
- Ethereum price rising before Cryptokitties launch
Ethereum price rising before Cryptokitties launch, page-64
-
- There are more pages in this discussion • 289 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)