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Clancy3gbh
Jun 27, 2021 5:00 AM
3GBH - MoneyMeter (Stablecoins RSI)
BINANCE:BTCUSDT.P
60
Bitcoin / TetherUS PERPETUAL CONTRACT
Binance
Description
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Jun 27, 2021 5:00 AM
This indicator tracks the Market Caps of
- USDT
- USDC
- DAI
The data is presented on the RSI.
The intent of this indicator is to help determine whether money is flowing into the market or not.
If the major stablecoins are green, money is entering the market.
The opposite applies, if red, money is leaving the market.
This is another tool which may provide help to build confluence in your trading or analysis.
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Default length is set to 168 to see the momentum of the past 7 days on the 1-hour timeframe.
Volatility
Trend Analysis
Oscillators
stablecoins
marketcap
Divergence
Comments
burgercrisis
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Jun 27, 2021 9:11 AM
Crazy how it marks the bottom lol... As soon as USDT started moving was the very bottom of the crash... institutions aren't going to cash out immediately I guess xD
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