Lens1000
VIP Contributor
There are basically two indicators that should be taken seriously in crypto trade. These indicators will help you predict the outcome appropriately and will help you pull a consecutive successful trades. Less than 15hrs as the time of posting this thread , the bitcoin market have experienced a Long stretched " extreme fear index ".
The fear index and greed index are the two indicators that tells us the market sentiments. The extreme fear cause the bitcoin's downward spiral in recent time. The fear index continue to drop and this leads to the current bearish market experienced.
It is very important that we study well the two most important indicators is the crypto market so as to make a smart move when trading. This will tells us when to enter trade and the appropriate time to exit trading.
Currently, I will advice not to enter trade because the fear index is on the extreme and it will trigger a further sell-offs.
Name the indicators that could be use to predict bitcoin's outcome?
The fear index and greed index are the two indicators that tells us the market sentiments. The extreme fear cause the bitcoin's downward spiral in recent time. The fear index continue to drop and this leads to the current bearish market experienced.
It is very important that we study well the two most important indicators is the crypto market so as to make a smart move when trading. This will tells us when to enter trade and the appropriate time to exit trading.
Currently, I will advice not to enter trade because the fear index is on the extreme and it will trigger a further sell-offs.
Name the indicators that could be use to predict bitcoin's outcome?
