Bitcoin / TetherUSUpdated Correlation of Elliott Waves with Fear and Greed Index
In my opinion, every time the index of fear and greed reaches a low level (10), we will have a good growth after that. Because all the sellers are out of the market and this is where the powerful buyers enter the market. I think there is a small amount left to the end of wave "C" . The dynamic trend line has worked well in the past. It only takes a good divergence to become a bull market.
Note
END OF "C"
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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.