BitcoinUpdated Is the Crypto Fear/Greed Reading Correct?
Sources say that the Crypto market still has persistent fears from the latest news sentiment causing fears and dumping/liquidation.
Despite this, the trajectory of US news, not dissuaded by PPI, presents more of a 'Risk On' scenario.
Price momentum also looks like it is not slowing, so we may see further retracement before any real kick back going into next week.
So particularly, situations like this give you good reason not to trust the CFGI entirely, and just take it with a pinch of salt.
Despite this, the trajectory of US news, not dissuaded by PPI, presents more of a 'Risk On' scenario.
Price momentum also looks like it is not slowing, so we may see further retracement before any real kick back going into next week.
So particularly, situations like this give you good reason not to trust the CFGI entirely, and just take it with a pinch of salt.
Note
Further Long Side Impetus Inflow. Hitting 'Bump' zone 1Note
Full Plans into Monday rally.
Note
Price 'Re-Trying' same areas. Little kickback, would not be surprised if continued impetus persists back to highs.
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
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Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.