THE FEAR & GREED INDEX: THE LOWEST LEVEL, SO FAR.Welcome traders to this Fear & Greed index.
The F&G Index has gone to the lowest level of 6 to date. This is the lowest in the history of cryptocurrency and this could get recorded only if the market bounces back from the current level. In my F&G updates, I have mentioned that we can possibly see the F&G reaching close to 1 as well but then what? Could it go zero or -1? There's no way that could happen.
The F&G Index won't stay at this level for long. Soon we will see the indicator moving from 4,5,6 to 12,20,30. This is the time of accumulation, my friend. This is not the time to give up or sell your bags. I am accumulating it one at a time. No rush, no harry. Just slow and steady.
What is your strategy? Are you accumulating too?
Like and follow if you agree with me.
Thank you.
Fearandgreed
Bitcoin Sentiment = Extreme Fear = LONGThe Crypto Fear & Greed Index is now set at extreme fear for the better part of this month...
You know what they say, buy when people are fearful.
Buy when everybody is thinking to sell.
Do the contrary to what the herd does.
This is just one signal of of course...
Here is another one!
When you have such a strong drop as we just had, a bounce tends to take place and reach in the least the counter trendline...
It can be more but this is a conservative target that we can expect to be hit in the days to come.
Patience is key.
Be positive.
Stay strong.
The worst part is almost over.
The best part is yet to come.
Namaste.
Bull? Bear? Swan?
The chart:
Shows an index average for SPX, NAS and DOW using rescaled CFD and futures prices.
Indicator is a momentum oscillator (midline) with an envelope much like a Bollinger band.
The paradox:
The consensus is the chart is a picture of 'doom' (as bearish as it gets).
At the same time, every trader in the chat room was bullish on the upcoming 12 hours. Not a single bear.
The assumption that recent outcomes will be repeated is also called "The Hot Hand" .
Both chart and traders refer to the same asset class. The chart accurately describes what traders experienced. Same information, but divergent conclusions and sentiment.
Why the gap?
One contributing factor is likely the qualitative difference between looking at a chart, and trading that same market in real time.
Research shows that when we "experience" outcomes ourselves we pay more attention to the most recent, frequent and impactful outcomes. This does not happen if we get the same information on a chart, from a discussion, or the news.)
In his book "The Black Swan", Nassim Taleb attributes peoples 'black swan blindness' (pp.77) to never *experiencing* an event, even if the information is available in some descriptive format (like a chart). There is a similar discussion in the chapter on rare events (ch.30) in Kahneman's book "Thinking fast. and slow" .
Lastly, lab studies from economics, finance and psychology provide data for both predictive and descriptive models. These models can be used to predict how personal experience with risk will result in different sentiment that a simple description of the same information. Some of this research is summarized in a Psych-Science paper at: pure.mpg.de
Notes:
This way they can share the same USD scale and
are weighted so that a 1 point change will imply the same change in $ terms. (For weights see: www.barchart.com ).
In basketball there is a belief that a player can be on a hot-streak and more likely to score. Despite the compelling belief, statistical studies show it to be false. The same can be said for consecutive sessions in the equity markets. On a whole the market is largely efficient thanks to our relentless effort to remove every last inefficiency.
SP500 - the best time to LONGIn this analysis, I used several leading indicators - commitment of traders index (CFTS), insiders (Form 4 SEC ) and the greed and fear index (CNN Business).
In commitment of traders index I period 19 - it's a middle of 13 (quarter) and 26 (half year). In practice, it is this period that provides the best results (not only on sp500, but also on other instruments). Historically, the chart shows how well this leading indicator performs.
At the moment, we have not yet seen a direct signal to buy, but the fact is that we receive a signal with a slight delay (a week), and it is quite possible that we are actually already in the buy zone. And it is quite possible that we will still go to the previous volume zone (around 3600).
Next indicator is Insiders data. The chart clearly shows that each increased number of insider buying (more than 150) leads to a subsequent increase of the market. Now the indicator reached 180, so we expect the sp500 index to start growing.
Greed and Fear Index is one of the best leading data. And he also shows just perfect results on history! Current values from 7 to 15 are an indicator of extreme fear, and values below 10 start all the longest trends.
I do not set the levels where the sp500 index will reach, as they will be dictated by the market, and leading indicators will show a reversal. And only there I will close long positions in order to get the maximum profit from the growing trend.
P.S. On the chart, for reasons unknown to me, the arrows for insiders and the fear index moved a little - I hope this will not interfere with understanding the idea.
Bitcoin Moon or Hell10 hours has left before BTC's month candle close, while bitcoin is slightly above its crucial support - previous month close - at $38.5k.
Fear & Greed index is at 20 points (extreme fear)
Nuclear war treats
EU parliament crypto bans
Inflation
Fed threats rising interest rates & many more are holding the markets in uncertainty & extreme fear
On the other side,
more countries adopt cryptos as a payment method
whales like LFG, Microstrategy bought large amounts of cryptos in April
BTC and ETH ETFs in Austria
USA, UK and UAE are trying to become global crypto hubs
& more.
In a technical point of view, if bitcoin closes below $38.5k - next crucial stop is around $35k - whole market will collapse. It's probable, but not certain.
Alts are riskier, especially for overleveraged traders.
It's a bad idea to open longs or short with high leverage in this levels
Crisis brings opportunities.
Fear & uncertainty in the market are signs to go long. BE CAREFUL that's not a timing indicator.
Investing is a probability game.
Try for consistency, there is no perfection in this.
Not financial advice. Always do your own research.
Our Fear & Greed Index shows "Greed" - Sell Greed, Buy FearOur Fear & Greed Index shows "Greed" - Sell Greed, Buy Fear
Our version of Fear & Greed Index shows "Greed".
The values on Fear and Greed Index range from -1000 000 (extreme fear) to 1000 000 (extreme greed).
The zones are separated as follows:
-500 000 = Extreme Fear
-500 000 - 0 = Fear
0 - 500 000 = Greed
500 000+ = Extreme Greed
It can be argued that when the market approaches or is in the "extreme greed" zone, traders are becoming overly greedy and the market is overdue for a correction.
Similarly, it can be argued that when the market is in the "extreme fear" zone, traders are being overly cautious and the market will soon reverse.
Our Fear and Greed Index gets updated every nanosecond.
In order to calculate the fear and greed index, we gather data from 5 different sources:
Volume
Open Interest
Social Media (Reddit & Twitter)
Search Data (Google & Bing)
AI opinion
AI painted the chart using TradingView's native charting tools.
Analysis: we used Google ML "Firebase" Toolkit, OXYBITS Space Invariant Artificial Neural Networks.
100% bots, zero humans, DYO before investment.
Is this the end of the bull market?Hello to everyone, I know these are difficult days for some of you – Bitcoin and many Altcoins are in the edge of a free fall – and you are confused what will happen. Was that a bull trap? Is this the end of the bull market?
Last days Ukraine – Russia tensions are boosted by media over and over again. News like energy crisis, financial crisis, even an imminent World War 3 are reproduced all over the world and cause panic and uncertainty to most people.
Whales control the Media and manipulate the crowd caused fear or greed. Then whales take advantage of situations and buy or sell respectively.
Crisis Brings Opportunity.
Uninformed investors give them their coins at the lowest prices.
Politics is a very complicated game. Do not bet your hard-earned money on bad news or FOMO. Keep calm and let the market shows you what will happen.
Let’s take a look at the charts. Bitcoin is trading in sideways for over a year.
The crucial support level for a bearish reversal confirmation is at $28.8k.
A decisive breakdown and close below that -in HTF 1M-, will signal the end of the primary trend (bull market) and the start bear market.
At the time of writing this report, BTC is traded at $40.4k. Earlier today $39.6k support violated. If this level break, price may reach $35 – 33K very quick.
Why? Because below $39.6k there are many stop loss order, novice traders will be panicked and some of them will short sell to cover their losses.
We are still above the: short term bullish trendline
Crucial support $39.6k
Medium term bearish trendline
The white rectangles on the chart are the most crucial support/demand areas for Bitcoin.
If you’re bullish on Bitcoin place your limit buys near there. There is no guarantee that it will hit $35k or $29k again – before the primary bear market.
Risk management – Stay to your plan – Control your emotions. The most important of all.
If you can’t manage this situation, take some days off with family and friends. Do not overtrade.
If you like my report, like, follow me here & on Twitter.
BTC Swing Long to 50kEntering a long trade given that we may be at Elliott wave 4 of 5. Will take profit along the red horizontal lines noted on the chart between 45k to 50k.
Fear & Greed indicator reads as neutral and the liquidation levels adjusted for a daily time frame read below the while dotted, suggesting that there's still room in this uptrend before another corrective fractal comes in place.
This idea is only valid as long as we hold the white solid trend where the price current sits ~41k and we don't fall under a 50% fib retracement of waves 2 to 3.
Trade
entry: 41.1k
sl: 40k
tp: 45k, 47k, 50k
BTC - HaS FRACTAL !!Hello trader,
Nice week and profitable deals 💲
Fear & Greed combines FIBO, the mail chart,
we mustn't forget that the cartel always lures us into falling !!
Movement looks very similar. We have now also arrived on Fear an Greed: extreme fear 10 !!
Ich möchte erwähnen, dass alles, was ich poste, nur Optionen und meine eigene Meinung sind!
Handeln Sie immer mit SL und riskieren Sie nicht mehr als 1% Ihres Portfolios (max. 3%) pro Trade.
Wenn Sie Fragen haben, lassen Sie es mich wissen
➡️Wenn dir meine Beiträge gefallen, drück den Like👍👍-Button, kommentiere oder folge mir.⬅️
Danke für das Lesen meiner Ideen,
Trade save !!
BTC/USD - Fear & Greed combined FIBOS !!Hello trader,
Nice week and profitable deals 💲
Fear & Greed combines FIBO
For the future, we should note when in the heights, F&G shows a double top (see last 2 examples) highest willingness to be poor
The bottom was mostly found at F&G 10 ‼️
IMO is BTC in a 4h channel and contests the 1D MA200. Intuitively, I would assume a recovery. But this will only be confirmed when we break the channel ‼️
Here is a look at all divergences! 1D - 4h - 1h - 15min ‼️
This logscale post works perfekt ( Channel )
FIBOs, in yellow, act as resistors
Support should be provided by the current lows, 0.786 and 0.887, where my BUY ZONES are ‼️
My SL is below 29k, line in red
I want to mention that everything I post is just options and my own opinion!
Always trade with SL and do not risk more than 1% of your portfolio (max. 3%) per trade.
If you have any questions, please let me know
➡️If you like my posts, press the Like button, comment or follow me
Thanks for reading my ideas,
Trade save !!
BTC - FEAR AND GREEDHi all,
BTC reached the same price today like a one year ago. So if your investition in 8.1.2021 was 100K - your balance is still 100K today.
If you invested whole year every month 10K (DCA method - dollar cost averiging). You average purchase price is +- 47.5K. So DCA method sent your balance to nearly -13%, around 87K.
But this post is about FaG index which 8.1.2021 was 93 and today 8.1.2020 is 10. How the price react on the tops and bottoms of FaG? What we can expect next days/ weeks?
Structure from May to July looks similary like structure from November till today. There was two times 10 points reached of FaG in few days. Now we have FaG 16 and 10. It looks like the bottom should be soon (if not reached yet).
Can we expect start of bullish moves? Yes - we can. But we have to be prepare for all variants of moves. Here we are some of them:
1. Bulls take a lead if 52K+ and hold above (bulls area).
2. Bulls trap - we hit 47K - 52K and move back to 40K-30K (bears area)
3. Consolidation between 40K-52K longer time (neutral area).
4. Bears trap - move under 40K (bears area) and go back to neutral area and higher.
--
After I checked all markets, dominantion, alts, ... My opinion is that we are somewhere close to bottom. I can´t say that we can not go lower. But if yes I think that will be just bears trap. At the same time I can not say that we are heading 80-100K.
Next months give us solution.
If you are HODLer - nothing change for you. Just buy the dip and wait for your life target which have to be known.
If your are trader - prepare yourself by learning of TA, money management, RRR, patterns and psychology. Never loose your money. Use SL in every trade what you do.
😱Fear &🤑 Gread Divergence with BTC ,will return❗❓Whats up guys , how is it going with bloody market again .
I had some Idea that i would like to share with you..
This was the first time since July 21, 2021, about 6 months ago, that on January 8 2022, the fear and greed index reached its lowest level of 10 . Whenever it reached this number, we usually saw an increase in the price of bitcoin in this situations .
And now what I have just realized is that with the sharp fall of yesterday, do not be afraid of the drop market again as much as before , and there is a divergence between the price and the index of fear and greed, which I think the signs of a rise in my opinion should gradually appear .
source: coingecko
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
Bitcoin : Buy the Fear & Sell The GreedBitcoin lately has been testing Patience of many traders and making holding longs way more fearful for many Traders.
I would like to Represent "The CONTRARIAN VIEW" for BTC in this Analysis.
--------------------- TWO BASIC GOLDEN MANTRA's in TRADING ---------------------
Before starting anything, I would like to discuss Two Concepts in Trading that are like Golden Mantra's or Golden Rules of Success in Trading. Those are :-
>>>>>> Buy Low, Sell High <<<<<<
OR
>>>>>> Sell High, Buy Low <<<<<<
Although, These concepts seem very simple & easy to interpret; But, These "BASIC" concepts are "EXTREMELY" hard to execute.
Some call them luck, Some call them Skill.
Some call them... Probabilities .
------------------ Social Sentiment & "BUY THE FEAR" View Explained ---------------
1) If we look at Social Sentiment & Market Sentiment, it has been bearish for last 3-4 weeks now.
From last few days, Majority of the Retailers have turned "BEARISH". & They are looking forward to sell the Rallies at this point.
2) Please Ask yourself a Question, Would whales short at this point ?
Probability is very Less that at Such good Support Level Whales would Sell their BTC and SHORT BTC.
3) Using Fear & Greed index, It can be observed that We are currently Sitting on EXTREME FEAR in Crypto Market.
So, IS IT "NOT" Supporting One of the CONCEPT GOLDEN MANTRA OF TRADING, Buy Low & Sell High ?
Also, Isn't it very LOW RISK at this level to go Long ?
---------------- My Reasons to be Bullish on BTC & Crypto Market for Short to Mid Term ------------------
1) Double Bottom :
2) 2-Day Timeframe Bullish Divergence :
3) 4-Hour Timeframe Bullish Divergence :
4) Not so Good looking Falling Wedge :-
5) Hourly Timeframe Demand Zone Retesting :
6) 8-Hour Timeframe Look on BTC :
Considering all of these Abovementioned Reasons, I, personally, am long on BTC & Crypto for SHORT-to-MID-Term.
However, if i am wrong, and then for me, Invalidation Point is 39.5-40k :
This by no means is a financial advice. This is just my personal view and despite i am right or wrong, Trading is a game of Possibilities and Probabilities.
Thus, my view is Bullish for BTC for now and for upcoming few weeks.
Market likes to teach us a new Lesson everyday. So, i am happy to be wrong if that is the case.
Rest, enjoy everyone & Trade Safely.
Fear of BTC 🙏🏻😭
Bitcoin is ending wave C of retracement 4 of a weekly / monthly timeframe and with a possible Wyckoff, previously in the fear and greed indicator almost whenever it reaches 12 it tends to rebound and the last time was the one that took us to a new bitcoin ATH. We will see what BTC does.
Bitcoin entry point at Fear & Greed value of 10Bitcoin entry point at Fear & Greed value of 10
In year 2020 at first corona panic March 30th - Bitcoin was at ~$6.000.
Last year 2021 we had a F&G value of 10 three times - all entries would be in profit today.
Now... how to evaluate yesterdays value of 10?
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
BTC Bitcoin: Fear & Greed Index InsightHello friends, today you can review the analysis on the 1D (daily) linear scale chart for Bitcoin (BTCUSD) showing the dates since February 2018 of when the Fear and Greed Index score reached a 10 as it did recently on January 8, 2022. You can use this to review how the historical price reacted to this score afterwards.
The Fear and Greed Index can be reviewed on: alternative.me
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
$BTC Fear & Greed Index, Price PatternBITSTAMP:BTCUSD
Today i just see the $BTC fear and greed index score is 10, its extremely down from yesterday index. The same index score today of $BTC #BTC was reached between May - July 2021. Is it big possibilities that the same price pattern will form.
History repeats itself(?)
Bitcoin More fear? More Accumulation? Hello traders,
Over the summer I dove deep into the schematics of Richard Wyckoff. One thing I recognized studying his teachings was that it is apparent to me Bitcoin being a scarce asset with great current and future demand that there are market makers out there trying to create more liquidity of this asset they can accumulate. Wyckoff explains his theory regarding the “composite operator” which he elaborates is simply market makers who control the market to their advantage and largely to your disadvantage. To my case in point, I have circled an area that I published an idea on that was based on a Wyckoff Accumulation Schematic which you can find in the linked ideas below. This schematic basically creates market participants that think the market is going lower this, they sell off their asset (in this case Bitcoin, a scarce asset) and shortly after push the same participants to buy the asset up making the price appreciate.
I find it eerily similar that the price action we experienced back in the summer of 2021 is almost identical to the price action we are experiencing now. I have placed a fear indicator on the chart that you can get an idea of the overall sentiment in the market during both of these periods. To me, it seems as if we are going through the same situation and I’d expect some type of good news over the next few months that push the markets up and we see some appreciated prices along the way.
Keep in mind that you’re in an asset class that isn’t going away anytime soon. This is a world changing technology and will change many lives for the better along the way. Keep your hands strong folks and stay diligent in your research!
Have a green week!
Savvy
BTC Don't Get Too Excited - Not The Bottom YetLooking at the fear and greed index for BTC, you can see that even though BTC didn't really have a rally yet, just broke a downtrend it has return to almost neutral. That is a MASSIVE increase from yesterday when it was just 26, now is 45 and BTC has only rose 5%. This is a clear indication that market behaves very irrational. People get excited on the small rise very quickly and vice versa. Because of this there are going to be a lot of fake outs, weather those are to the upside or downside, but mainly upside as BTC is clearly in a bear market. Don't get too excited on the pump that may happen in the next week, and just know that this is to be expected when prices loose that much value in such short time without providing any relief rally.
Still i expect BTC to reach 55k area (significant resistence before another leg down most likely starting with a 4 smaller waves and then 7 larger as we go steeper to the bottom. This is just a guess based on how those last legs end playing out.
I am not a financial advisor so non of this should be taken as a financial advise. Be Well.
BINANCE:BTCUSDT
Daily Update- What have I done? Am I Over-Trading? New VPVR ToolIn this video:
1. New tool VPVR (volume profile visible range)
2. Am I overtrading? 2 big reasons why I am mostly cash through Dec.
3. Fear Greed index and why I am not buying here.
4. Substack Founding Members may be alerted of some scalp trades through end of Dec.