Hello friends!
I want to introduce you to my favorite indicator the Index of Fear and Greed. Probably many of you have heard of him, but those who still do not use it, be sure to include it in trading.
You can find this index in Google. The index takes into account the mood of the crowd, based on many factors. I will not describe them, it can be found on their site.
Today, the fear index is 17, which is an extreme level. Historically, we can still go down to 8-10, but this happened only once, so buy with each decline. I think the level of the fear index will be 10, at a price of $6000.
Do not forget that now we have two gaps at the level of $7300 and $11600, which are sure to be closed.
I want to introduce you to my favorite indicator the Index of Fear and Greed. Probably many of you have heard of him, but those who still do not use it, be sure to include it in trading.
You can find this index in Google. The index takes into account the mood of the crowd, based on many factors. I will not describe them, it can be found on their site.
Today, the fear index is 17, which is an extreme level. Historically, we can still go down to 8-10, but this happened only once, so buy with each decline. I think the level of the fear index will be 10, at a price of $6000.
Do not forget that now we have two gaps at the level of $7300 and $11600, which are sure to be closed.