This website is messed up, doesn't show CME futures for the weekend. This throws off RSI and MFI indicators, I switched to Binance futures charts.
This chart is just for explanation purposes. RSI and MFI did hit overbought on the Binance chart though. Flipped my calls this morning.
This chart is just for explanation purposes. RSI and MFI did hit overbought on the Binance chart though. Flipped my calls this morning.
Note
The issue here in case you haven't figured it out is that MFI didn't move because of the missing data, whereas it did on the Binance futures chart.Will not be using CME charts anymore for BTC.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.