hem_babak

A negative divergence between candlesticks and CCI

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Divergences play a significant role in trading. Here in the daily frame of BTC/USDT, the negative divergence is being diagnosed which can result in a sharp decrease in the following days. In addition, the Crypto Fear and Greed index is another important indicator that can indicate the amount of inflation. The amount of this indicator is 74 out of 100. It means that the market is immersed in intense greed.

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.