Based on the data collected by my server. The 'accumulator' which measures the cumulative buys - sells.
Its much more accurate than accu/dist indicator since it is derived from each trade whether it is a buy or sell, and not the closing candle.
Decelerating amount of accumulation seen on the daily chart
Rally being sold into, starting from 13th December:
Despite it being sold into, price is still drifting higher and higher. The accumulator clearly shows that it is being sold into the highs, signaling a powerful divergence here.
Until I see a spike in the cumulative buys, it is a sell here. --------------------------------------------------------------------------------------------------------------------
Technicals:
Bearish RSI divergence
Daily double top
تم إغلاق الصفقة يدويًا
Update: Short closed at 50 yuan loss per BTC! This is still looking strong, with signs of re-accumulation here...
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