Sentiment for trading crypto on the micro & macro timeframes
Trade Using The Ultimate Fear & Greed Index
Ultimate Fear & Greed Index
You can use the CoinsKid Ultimate Fear & Greed Index to find potential peaks and troughs and good entry points for buy/long positions and equally good points to sell/short in crypto.
I built this system for you to find trading opportunities.
BUY/LONG: Look for the Ultimate Fear & Greed Index to be in a state of fear and the BTC <30 & USD >70 value.
SELL/SHORT: Look for the Ultimate Fear & Greed Index to be in a state of greed and the BTC >70 & USD <30 value.
With this strategy, you'll start to trade the crypto market within it's waves.
A Few Rules You Should Follow
Don't over leverage, don't be a degen and always apply a stop loss to your trades!
BUY 5 waves down & bull div (bullish divergence) on the micro fear & greed index.
SELL 5 waves up & bear div (bearish divergence) on the micro fear & greed index.
Divergence cheat sheet: The blue line is the PRICE ACTION, the red line is the Ultimate Fear & Greed Index.
Always take profits when you can!
Happy Crypto Trading CKC!
The Ultimate Fear & Greed Index chart content is Hidden
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This is not financial advice it is just an opinion! We are not experts! We do not guarantee a outcome we have no inside knowledge! Please do your own research and make your own decisions! This is just education & entertainment!
