THE FEAR & GREED INDEX: GRADUALLY RISING.Fear & Greed Index:
The F&G Index has come up to a neutral state. This shows that people's sentiment toward the crypto market is changing. Currently, there is neither too much fear nor too much greed in the market meaning, there is a decisive move, where traders are not sure whether to go long or short. I shared about the F&G index a long time back when F&G was in the extreme fear zone and there I mentioned that the F&G index will eventually turn its indicator towards fear, neutral, greed, and then extreme greed. So far we have reached the neutral zone so it is good.
I hope this update was helpful for you all. Thank you for reading and trade safely.
Feargreedindex
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.
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.
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
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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
Bitcoin Bullish Flag has formed on 2hr chart/ Fear & Greed indexbitcoin Bullish flag has been seen on 2hr chart frame. if btc break the resistance coming in around 58400 and closed the daily candle, then the technical price target will be coming in 61500. btc need to break the resistance level of this bullish flag to change the trend.
on the other hand, fear and greed index has hit the level of fear at 37 point, it is a bullish sign.
Black Sale Thursday MarketThis isn't a market prediction and any others usefull tools. This is remembrance about next #ThursdayBlackSale; great opportunity to take more stuff, or perhaps, take a cold bath for each others. Since this bath isn't very deep and have only 500 trillion water units - it shows that he likes to repeat the history, and again and again, and even 40% a day to pump-out isn't kind of problem. We was really greedy last few weeks. Crucial moment for this diary is 01.12.2020, when important for me lines will cross over and shows me, if we are still in upper line of price channel, or we are on the other side and test 50MA. BTC, ETH same. Time to save some money for christmass.
ps. it's a bit annyoing this evning, that I can't choose the right colors to see more clearly
Update for last short BTC lvlsI sketched a poor trendline for positive scenario,If it is respected - and next 2-3 daily candles will close above, Stoch and MACD turn back. We are propably right way to next price targed more than ~12,150$. But i would like to see some consolidation between current price channel, predicted with higher lows, to take a rest, and form greater triangle (to break it to 14,000$. Stay in mind that we propably catched support on BTC dominance at ~62% (with price at daily chart 61,60-62,60) but.. check out fear and grid index on 75 points. Higher levels was seen last holiday then we dropped 24% in the day- if this situation would be similiar, we would be close to 200 MA. Meanwhile
I also have in mind, that belief in money is weak, and a lot of new money from air going into the markets. I would like to see more confirmation to go up.