ONE OF THE BEST INDICATORS OUT THERE IN THE CRYPTO WORLD!
Have you ever heard of that 1 particular indicator that almost everyone thinks should be disregarded but in reality is a really great trading indicator?
Let me tell you what it is.
This indicator will never fail you! No matter what happens in the crypto market. The fear and greed index will surely tell you that a token have the tendency to continue its bullish/bearish market sentiment. There are many usage for this indicator. First, you can see where the trend is going just by the measurement of overall fear and greed everyone's feeling. Next, you can check whether it'd be the best time to sell a token when many feels extreme greed and buy a token when many feels extreme fear. These are just the tip of what fear and greed index will tell you. There are still more! The measurement of the overall market sentiment will tell you exactly when you should pause from trading and just observe in the sidelines. This allows you take many time offs from the crypto market. It allows you to breathe and when a trader becomes relaxed, many great trading decisions will be created. Hence, the next time you disregard the fear and greed index. Always remember, it could potentially become a huge assistance in identifying the reality of what's happening in the crypto market.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
