SignalCove Money Flow with BTC Dominance Indicator

3 days ago

This indicator analyzes market capital flows and Bitcoin dominance to provide actionable insights into market conditions and potential trading opportunities.

Key Features:

• Money Flow Analysis - tracks stablecoin and total market capitalization to determine overbought and oversold conditions.
  
• Bitcoin Dominance Integration - monitors Bitcoin dominance to gauge its influence on market trends.
  
• Buy/Sell Signals - highlights potential buy and sell opportunities with visual markers and alerts.
  
• Customizable Thresholds - overbought and oversold levels can be adjusted to fit individual strategies.
  

How to Use:

• Look for Buy Signals when the market enters oversold conditions, indicating potential inflow into cryptocurrencies.
  
• Look for Sell Signals during overbought conditions, suggesting potential outflow into stablecoins.
  
• Use Bitcoin dominance trends to understand the market's overall risk appetite and confirm trading decisions.
  

This indicator is ideal for traders seeking a deeper understanding of capital flows and Bitcoin's influence on the crypto market.