The use of the indicator——Mega Buying Force&KD Momentum Matrix. Using #VETUSDT (1d).
21 Sep 2023, 07:34
📖The use of the indicator——Mega Buying Force&KD Momentum Matrix. Using #VETUSDT (1d)
/SYP_Protocol/status/1704761088720646228/photo/1 ✅The MBF indicator is an indicator that quantifies the bottom-buying sentiment. When you see a yellow cone appearing in the indicator area, it forms a buying sentiment, indicating that it is about to enter a fluctuation or rebound.
The values of cones in the same round of decline can be compared. The larger the value, the greater the sentiment of buying the bottom.
💰When you use the MBF indicator to identify bottom-buying sentiment, you can use the KDMM indicator as an auxiliary to determine the entry point. We have introduced the role of KDMM indicator many times.
In such a scenario, when bottom-buying sentiment emerges and bull momentum increases, a rebound begins. This is a good point to open a long position.
💡Remember, indicators are just tools to assist in trading; your trading decisions depend on various factors, so always #DYOR 💡