DYOUR
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#Sentiments and market volatility
Over some weeks now, the sentiment index(fear and greed) has been biased toward the fear zone; moving from green to orange and approaching red(currently at 30).
This gives a general overview of how people are feeling in the crypto markets. The current zone indicates an overselling of assets. People are selling over the fear of reducing losses or stopping their losses. Many assets especially newly listed ones will experience this shock since they are now finding their bearing.
Sentiments are driven by impatience and the risk attitude of investors among other factors. That means that technical analysis can fail at any time (human behaviour ain't technical at this point), so keep a clear mind when investing taking into account that you can incur a loss in the current market. #DYOUR
The market will surely improve so be calm, use the opportunity to educate yourself and reinvent your investment strategies. A bull follows a bear and a bear follows a bull and the cycle repeats itself over and over again.
$NOT $BTC
Over some weeks now, the sentiment index(fear and greed) has been biased toward the fear zone; moving from green to orange and approaching red(currently at 30).
This gives a general overview of how people are feeling in the crypto markets. The current zone indicates an overselling of assets. People are selling over the fear of reducing losses or stopping their losses. Many assets especially newly listed ones will experience this shock since they are now finding their bearing.
Sentiments are driven by impatience and the risk attitude of investors among other factors. That means that technical analysis can fail at any time (human behaviour ain't technical at this point), so keep a clear mind when investing taking into account that you can incur a loss in the current market. #DYOUR
The market will surely improve so be calm, use the opportunity to educate yourself and reinvent your investment strategies. A bull follows a bear and a bear follows a bull and the cycle repeats itself over and over again.
$NOT $BTC
$VIC It is time to fly now. $VIC has touched its support at 0.4 lately. Looking at monthly chart It's perfectly poised for a massive pullback. Keeping in view the $BTC movement and the bullish market sentiments the $Vic can surge dramatically in coming days. The first actual target would be to break the resistance at .52 than .610 will be the next. 0.75 is the 3rd target. keep Your eyes on this. Big market players are watching and aiming for a perfect entry. Don't Miss out. #DYOUR
