BTC FEAR AND GREED INDEXAfter BTC corrects to the $86K level and the Timeline sentiment hit an all time low it got me thinking, is there any correlation between sentiment around pivotal price levels of the market? To find out I studied the "Fear and Greed Index", an indicator that uses a range of sources such as volatility, volume, sentiment, dominance and trends to give a score out of 100. 1 being peak fear and 100 being peak greed.
The results were interesting, currently the FGI is 21/100 (extreme fear) and if you've spent much time on crypto twitter is does feel that way too. However, during this bull market there are two key price areas where BTC had the same score:
Bear market bottom -
When the bear market ended after a full year of brutal selling BTCs price was around $16K with the same FGI score as today with 21. This signaled the end to the selling and began the bull market we have now.
Q2-23 '24 bottom -
For me, the most relevant time to compare FGI with todays score is with the bottom of the bearish trend channel we suffered through in 2024. Although price did wick below this $53,923 level to hit GETTEX:49K , the daily didn't close below it and so the September 6th low is the trend channel bottom. FGI score of 22 provided the springboard for the next leg up.
So with his information the real question is this: Are we still in a bull market? If the answer is yes, then history tells us once FGI reaches these levels the bottom is in and the next leg up is around the corner.
If the answer is no then the printing of a new lower high after yesterdays lower low will be confirmation of bitcoin rolling over.
I am not sure which is true but having a plan for both will be very important.
Fearandgreed
BTC, how to use the Crypto Fear and Greed IndexHello everyone,
ever wondered how to use the crypto fear and greed index properly?
It’s calculated using factors like volatility, volume, social media sentiment, and surveys, producing a score from 0 (Extreme Fear) to 100 (Extreme Greed).
Today the index showing 43 points, which is close to the fear zone again.
Do you think it's time to buy now?
FTM LongFTM is currently testing resistance at $0.71 as it enters a price discovery phase. The chart forms an early-stage symmetrical triangle pattern accompanied by positive momentum indicators. This pattern suggests a period of consolidation, where the price is likely to move sideways within a narrowing range. The 200-day moving average is acting as a key level for a potential breakout, while the MACD suggests an imminent surge. Given these factors, the outlook for FTM appears bullish, favoring long positions.
Support - 0.62
Resistance - 0.76
RSI - Neutral
Fear & Greed Index (Binacne) - 48 Neutral
Fundamental Analysis:
Fantom's approaching transition to the Sonic platform creates positive investor sentiment and contributes to its recent price appreciation. This EVM-compatible upgrade promises enhanced transaction speeds exceeding 10,000 TPS and includes a substantial airdrop of S tokens for existing FTM holders. Given these developments and the improving market landscape, analysts project that FTM may outperform significant cryptocurrencies like Bitcoin and Ethereum in the coming quarters, potentially positioning it as a notable player in the evolving blockchain ecosystem.
SUPERSuper has been powering through the uptrend since the beginning of September. Today, the chart indicates strong buying volume that strives to break resistance to the next resistance level. There is a red candle stick with a long wick and shorter body and a green candlestick with a long wick and longer body, indicating future bullish momentum. Indicators show lots of buying power, which will help with the upward trend for a future breakout.
Support - $1.24
Testing Resistance/Possible Support - $1.35
Resistance - $1.42
Fear & Greed Index (Binance) - 65 Greed
Psychology in Trading: Overcoming Fear of LossesFear of Losses"
"As traders, we often fear losses, but it’s important to understand that losses are part of the game. Instead of avoiding them, we should learn from them. Here's how I’ve learned to overcome this fear:
1️⃣ Accept losses as part of the process.
2️⃣ Focus on consistent execution, not on short-term results.
3️⃣ Develop a mindset that values learning over perfection.*
Remember: losses are temporary, but discipline leads to long-term success!
Gold long - Fear of WW3After news was released that the sill in power Biden administration allows Ukraine to use long range missiles to attack Russia, I would expect a fear reaction, leading to a greater demand for Gold.
Besides, Gold re-tested a strong resistance at about 2500 and the chart shows a strong RSI divergence.
The Fear & Greed Index: One Last Dance!Here we are once again, at a moment where everything seems to have gone smoothly. Trump won the election, BTC went parabolic and hit a new all-time high, major institutions bought Bitcoin, and there’s been a significant inflow into crypto.
It seems like there’s no confusion—everyone is expecting $100k, and I’m hoping for the same. However, the Fear & Greed Index is telling a different story.
Over the past week, the F&G Index has been in extreme greed, and today it has hit 90. This is its peak, and sooner or later, it will need to cool down. This means a quick market shift could occur, pushing the F&G Index to a neutral or fearful position.
What’s the best course of action right now?
~ Stay in USDT.
~ Avoid leverage trading, or use 2x-3x leverage with one or two positions.
~ Wait for the opportunity to buy BTC and altcoins during a dip.
Always conduct your own research and analysis before investing.
Trade safely.
Anticipating Short-Term Prospects: What's on the Horizon?Kaspa indicates a bearish bias, particularly with the potential for further downside if the reverse cup and handle formation plays out. However, there is a possible bounce scenario near the key support around $0.125, which aligns with a long-term ascending trend line. If buying pressure increases, the price could see a bounce from this area, potentially targeting the $0.146 to $0.160 resistance levels.
The 20 EMA (red) is currently below the 200 moving average (purple), indicating continued bearish momentum. The price has recently rejected the 200MA, suggesting that this moving average will be a key resistance level on any bounce. Breaking above the 200MA at $0.146 would be critical for signaling a potential shift in momentum to the upside.
The BB Power indicator shows stronger selling pressure than buying pressure, reflecting ongoing bearish sentiment. This adds weight to the downside risk, though a bounce remains possible if the price holds support at $0.125 and selling pressure weakens.
Additionally, it’s important to keep a close watch on Kaspa since it seems volatile at the moment. Don't doubt the signs but hope for the best for a continuation in the upward trend.
Support - $0.125
Resistance - $0.180
Fear and Greed Index (Binance) - 72 Greed
FEAR: Your Biggest Trading EnemyFear is a natural emotion that affects all traders, whether beginners or experienced professionals. In trading, fear often stems from uncertainty, the potential for losses, and the volatility of financial markets. Left unchecked, fear can lead to poor decision-making, impulsive actions, and even significant financial losses. However, by understanding fear and learning how to manage it effectively, traders can improve their performance and build confidence over time.
Steps to Overcome Fear in Trading
Develop a Trading Plan
Having a well-structured trading plan provides clarity and reduces fear. A plan should include specific rules for entry and exit, risk management strategies, and profit targets. When you follow a plan, you take emotions out of decision-making and rely on data-driven strategies.
Stick to your plan: Trusting your trading strategy can reduce emotional decision-making, especially during times of market volatility or uncertainty.
Use Risk Management
Effective risk management can alleviate fear because it limits the potential downside of any trade. Traders should:
Set a stop-loss: Predetermine the maximum amount you are willing to lose on any trade. This not only limits losses but also takes the emotional pressure off monitoring trades.
Control position sizing: By using small position sizes relative to your account balance, you minimize the impact of any one trade, which can reduce fear and emotional stress.
Focus on Process, Not Outcomes
Instead of focusing on whether an individual trade is profitable, concentrate on executing trades according to your plan. Understand that losses are part of trading and that a single trade doesn't define your overall success.
Avoid emotional attachment to trades: Treat trading as a probabilistic game where losses and gains balance out over time if your strategy is sound.
Build Confidence with Knowledge
Fear often stems from uncertainty. The more knowledge and experience you gain, the more confident you’ll feel in your trading decisions. Spend time improving your understanding of:
Technical analysis: Learn to read charts, patterns, and indicators to make informed decisions.
Fundamental analysis: Understand the economic factors that drive market movements.
Regularly review your past trades, both successful and unsuccessful, to learn from mistakes and build confidence in your abilities.
Practice Patience and Discipline
Patience is crucial to avoid overtrading or jumping into trades impulsively. Fear can push you into making quick decisions, but staying disciplined ensures you wait for the right setups.
Discipline in following your trading plan and sticking to risk management rules can help control the emotional swings that come with fear. Staying patient allows trades to develop fully and increases the chances of success.
Accept Losses as Part of the Process
No trader wins 100% of the time, and understanding that losses are a natural part of trading can help reduce the fear of losing. Treat each loss as a learning experience rather than a failure.
Reframe your mindset from avoiding losses to managing losses. When you accept that losses will happen but you can limit their impact, fear becomes easier to handle.
Control Emotional Reactions
Mindfulness techniques: Practices like deep breathing, meditation, or taking regular breaks can help traders stay calm during high-pressure situations.
Avoid overreacting: If you experience a significant loss, avoid the temptation to enter a "revenge trade" to recover quickly. Emotional decisions can compound losses. Take a step back, review your plan, and re-enter the market with a clear mind.
Use a Trading Journal
Keeping a trading journal helps track your emotions, thought processes, and decision-making patterns. Over time, this can help identify fear-based behaviors and allow you to adjust accordingly. By reviewing your journal regularly, you can improve self-awareness and make better decisions.
Fear is a natural part of trading, but it doesn't have to control your actions. By developing a solid trading plan, practicing effective risk management, and building knowledge and discipline, traders can overcome fear and make more rational decisions. Over time, learning to accept losses and focusing on long-term strategies will help you manage fear and improve your overall trading success. Remember, the key to overcoming fear is consistent practice, self-awareness, and developing confidence in your abilities as a trader.
Head and Shoulders with price retestA drastic dip occurred with week buy action. FTM value has been reset to the low 0.60 zone. I expect a price bounce from the head and shoulder retract. I called a head and shoulder earlier this week on the XRP chart, and FTM has also followed that trend. 20MA and 200MA are still playing the break for all long positions. The moving average holds uptober excitement, but we will have to wait and see if it will hold strength and value next week.
Support - 0.56
Resistance - 0.65
Momentum - Low
Volume strength - Sell
Fear & Greed Index - Greed (73)
Fundamental analysis—With new price discoveries, it has been a rough week for all cryptocurrencies. I've noticed that the world crisis events will determine crypto price bounces. A lot of selling occurred with whale accumulation.
Key Signals Point to a Bitcoin ReversalCurrently, Bitcoin's price is hovering around a strong support level in the short term, and we're seeing early signs of a potential reversal pattern, possibly forming a macro (inverted) head-and-shoulders setup. Based on other technical indicators, this region between $47k and GETTEX:54K is likely to attract significant buying interest, positioning it as a key accumulation zone for long-term holders and institutional buyers alike.
- The only thing that could stop us now is a recession, but do you think that will happen?
- How many times we saw fud lately for Bitcoin, but also stocks?
- Is there volatility and fear in the stock market, yes.
- But when we see extreme fear. What should you do?
.. I'm loading heavily on these levels.
Let me explain once more the bullish fundamentals that should bring us above the ATH neckline:
Institutional Adoption: Large financial institutions, hedge funds, and corporations continue to accumulate Bitcoin as a hedge against inflation and as an alternative asset class. This influx of institutional capital is providing long-term stability and driving up demand.
Increasing Scarcity: With Bitcoin’s fixed supply of 21 million coins and a decreasing issuance rate due to halving cycles, the supply-demand dynamic is highly favorable. Each halving event further reduces supply growth, which has historically led to significant price increases.
Inflation Hedge & Store of Value: In times of rising inflation and currency devaluation, Bitcoin is increasingly viewed as digital gold. Its decentralized nature and limited supply make it a prime candidate for capital preservation in an inflationary environment.
Network Growth & Hashrate: The Bitcoin network's hashrate continues to hit all-time highs, signaling growing security and miner confidence. The expanding user base and increased global transaction volume further indicate that Bitcoin adoption is accelerating worldwide.
ETF Approval: The potential for the approval of Bitcoin ETFs in key financial markets like the U.S. could lead to a massive influx of retail and institutional investment, further boosting liquidity and price discovery.
Global Geopolitical Instability: Bitcoin is gaining traction as a hedge against political and economic uncertainty, with increasing use in countries with unstable fiat currencies or restrictive financial systems.
GROKUSDT: At ITS SUPPORT, IMMINENT BOUNCE within DAYSHello All,
Welcome to the quick update of GROKUSDT.
Unfortunately, The last setup I posted for GROK didn't work and hit our STOPLOSS.
We saw GROK in a downtrend since last 1 week.
As of now, it is trading at its weekly support of around 0.0041 to 0.0044. This point may be a major support and can pump anytime soon.
Possible entry-exit points:
Entry: 0.00421 to 0.00462
Target: 0.00503, 0.00617 until 0.00711 in the long run.
STOPLOSS: 0.00367
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
ScramblerG is always there to help and trade with caution but DYOR.
BTC is approaching its bottom in the 51k areaIt seems that BTC is approaching its bottom in the 51k area, as seen from several indicators including:
1. Fibo 0.618 (goldenratio) correction from impulsive wave from January to March
2. Major support at 51k has not been visited since February
3. Finishing ABCDE correction wave
4. Bottom trendline descending channel formed since March
5. Liquidity heatmap is around 51k
6. CME gap at 58k has been filled, and another gap has emerged above in the 59.5k - 62k area
7. Fear and greed at 26 (FEAR)
Fear and Greed Index: Decoding Crypto Market Sentiment!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
The cryptocurrency market is known for its volatility, and emotions can often drive trading decisions. The Fear and Greed Index attempts to quantify these emotions, providing a snapshot of investor sentiment at a given time.
What is the Fear and Greed Index?
The Fear and Greed Index is a composite score ranging from 0 (Extreme Fear) to 100 (Extreme Greed).
It analyzes several data points to arrive at a single value:
Volatility:
Higher price swings indicate greater fear, while lower volatility suggests a calmer market.
Market Momentum:
Rapid price increases point to greed, while sustained price drops signal fear.
Social Media Sentiment:
Analyzing the tone of social media discussions about cryptocurrency can reveal fear or greed.
Survey Data:
Polls and surveys gauging investor sentiment are also factored in.
Dominance:
The market share of Bitcoin (BTC) relative to other cryptocurrencies is considered.
How to Interpret the Fear and Greed Index:
0-24: Extreme Fear: This indicates a potentially oversold market where investors are panicking. It might be a buying opportunity for long-term investors with a high-risk tolerance.
25-49: Fear: The market is cautious, and prices could go either way.
50-74: Greed: Investor sentiment is becoming optimistic, potentially leading to price increases. However, be cautious of entering a potentially overbought market.
75-100: Extreme Greed: Euphoria reigns, and prices could be inflated. This might be a good time to take profits or exercise caution before entering new positions.
Is the Fear and Greed Index Manipulated?
Can people mess with it? Kinda. They might try to fake positive social media stuff to make the index look more greedy than it is. Also, the way the index weighs different things can be tweaked a bit.
But here's the thing: There's a lot of data going into the score, so it's not super easy to manipulate. Plus, everyone knows how it works, so investors can take it with a grain of salt.
The Fear and Greed Index at 47 (Neutral)
With a current score of 47, the Fear and Greed Index suggests a neutral market sentiment. Investors are neither overly fearful nor excessively greedy. This could indicate a period of consolidation or a wait-and-see approach before the market makes its next move.
Remember:
The Fear and Greed Index is just one data point among many. Always conduct your own research and employ a comprehensive trading strategy before making any investment decisions.
BTC at crucial support - will uptrend continue ? BTC has always dictated how the market as a whole in the crypto space behaves and there is fear and indecision regarding the price of BTC, We can see that price has fallen to a crucial support level and despite being healthy movement we need to maintain the 64 K level to continue the Higher Lows and Higher Highs that upward market momentum requires.
I will be looking at this area for the day and trying to decide if and where to enter the market, This may be the spot to go long and aim high, which is secretly my bias, I do enjoy a higher high and a higher low. I will be trying to gain some confirmation on taking up a position at this level and will be adding to this idea as the day(s) go by and there is relevant info to catalog
VIX Remains Rangebound ....for nowThe VIX remains rangebound and in very good territory all things considering geopolitically and globally. No one can predict the future with 100% certainty but as long as there isn’t any earth-shattering news, fear will probably remain low, given the exception of U.S. election shenanigans coming up. Be aware here that my prediction is that at the last second (and really when it is far too late) they will pull Biden out of the race. Many will not be expecting this (though, I am astounded at how they will not) and it will cause massive volatility in our markets again before settling down. But we have all summer and into the fall before we begin to see some of this occur.
Kira!& Captain Renzo In a bustling town nestled by the sea, there was a young trader named Kira. Her dream was to navigate the vast and unpredictable market waters, much like a seasoned fisherman seeking the best catch. Her mentor, an old trader named Captain Renzo, often spoke of the market as a treacherous sea full of challenges and opportunities.
"Ahoy, Kira!" Captain Renzo would say with a twinkle in his eye. "The market is our battlefield, and our money is our ammunition. Every trade we make is like casting our net into the ocean."
Kira was eager to conquer this sea of opportunities, but she soon learned that dangers lurked beneath the surface. Captain Renzo taught her about the enemies of trading: Fear, Greed, Rush, and Hesitation.
"Fear can paralyze us, making us doubt our decisions," Captain Renzo warned. "Greed tempts us to chase after more, even when we've already secured a good catch."
Kira nodded, absorbing his wisdom. "And Rush," she asked, "what does Rush do?"
"Rush," Captain Renzo explained, "makes us act hastily without considering the currents of the market. And Hesitation? It causes us to miss out on great opportunities while we stand idle."
As Kira embarked on her trading journey, she encountered these enemies time and again. Fear whispered in her ear during market downturns, urging her to abandon ship. Greed beckoned her to hold on for just a little longer, risking everything for more profit.
But Captain Renzo had taught her well. He emphasized the importance of risk management above all else. "Just like a skilled sailor who knows the tides," he said, "a trader must understand risk. It's the compass that guides us through stormy seas."
Kira learned to beat Fear by calculating her risks before setting sail on a trade. She countered Greed by setting clear profit targets based on risk management principles. Rush was tamed through diligent technical analysis, ensuring she weighed her risks and rewards before casting her net.
One day, Kira shared her struggles with Captain Renzo. "Captain, sometimes I feel like I'm missing out on bigger opportunities."
Captain Renzo smiled knowingly. "Ah, Kira, remember the fisherman's tale. If you catch a fish, be grateful for your catch. Don't throw it back into the sea in pursuit of more. Those who master this patience and discipline become the whales of the market."
Kira nodded, her determination renewed. With each successful trade managed with discipline and risk awareness, she grew wiser and more confident. She knew that mastering these skills was the key to navigating the tumultuous market waters.
And so, armed with Captain Renzo's teachings and her own newfound resilience, Kira set sail each day, ready to face the enemies of trading and emerge victorious in the ever-changing sea of opportunities.
The Being of your story!
we ask Allah reconcile and repay
VIX Has Broken This TL for the First Time in a Year and a Half!VIX has broken to the upside of this descending trend line as the world holds their breath over the Israel/Iran conflict. This is the first time fear has broken above this trend line since September of 2022. Pair this observation with the current dollar strength and you know which way the markets will go, down.
UVXY crosses over mean anchored VWAP LONGUVXY which leverages the VIX as a measure of volatility / greed/ fear has finally crossed
over the mean anchored VWAP. This is a sign of bullish momentum and perhaps a signal that
traders should hedge or consider their positions in terms of hard risk management. Those
who traded this move up today made 10% or better in the trade. Those who bought call options
expiring tomorrow made 10X and those with call options for next Friday made 5X overnight.
Tomorrow is another day. Likely the market will rise from the correction and UXVY will fade
a bit. No matter, its value for insurance and hedging is reinforced on days like the past day.
I am maintaining a full position aside the call options closed at the afternoon bell which
expire on Friday and had time decay to contend with. My first target is 7.75 then comes
8.05 and 8.45. I will take off 20% at each target and keep the others for insurance for
a true market crash or black swan event to buffer losses while stops get hit.
UVXY - VIX Futures ETF- rises from a falling wedge breakout LONGUVXY on the 30- minute chart is now in an establish falling wedge breakout. Increasing
volumes lend support for bullish momentum as does the fear that rate cuts may be postponed
the the market's bullrun may stall and correct. This chart is left clean with only trend lines
drawn in recognizing that quite a few traders only have a basic subscription on Tradingview
without the luxury of multiple indicators, alerts and so on. A rise in the VIX may be a signal to
start trimming long positions or hedging with short trades.
FTM :Lessons from July 2021 & the Power of Fear 🚀📉Let's rewind to July 2021 when Fantom (FTM) orchestrated a remarkable fakeout, inducing fear in the market participants. Fast forward to the present, where FTM has taken a different route, yet showcasing notable growth. Here's a closer look at the dynamics and a lesson on how fear might just expedite the delivery of price movements. 🔄💹
July 2021: Fear-Induced Fakeout
Strategic Fear Tactics:
FTM initiated a bold fakeout in July 2021, deliberately spiking fear among bullish traders.
The market sentiment was manipulated to create uncertainty and shake out weak hands.
Unexpected Outcome:
Despite the orchestrated fear, FTM ultimately surged by an astounding 1680%, catching many off guard.
The lesson: Fear, when strategically employed, can set the stage for substantial bullish moves.
Present Scenario: Fear Takes a Backseat
Different Approach:
Notably, in the recent period, FTM opted for a less fear-driven strategy.
The growth of 160% over a slightly shorter timeframe suggests a more organic market sentiment.
Lesson Learned:
The comparative growth indicates that fear might not always be a prerequisite for significant price movements.
Market dynamics evolve, and strategies adapt.
Key Takeaway:
FTM's journey teaches us that while fear can be a potent catalyst for price action, its role in the market is not absolute. Traders and investors should remain vigilant, recognizing that market dynamics are multifaceted and ever-changing.
Stay informed, stay resilient
❗️Unlock my 3 crypto trading indicators for FREE! Link below 🔑
May '22 Inv H&S NL Broke but Alts are Nearing Resistance!Traders,
For the first time in a year and a half, alts have broken above major resistance. This resistance happens to be the neckline for our long-trending inverse head and shoulders. This is hugely bullish!
But before you max out your home equity line of credit, know that we are nearing what looks like it could become a local top. The channel which alts have utilized for almost a whole month to propel them to a breakout is about to hit significant resistance. Once we bump our head here (resistance), I think we'll retest our neckline and then relaunch to our final target.
In addition to being in highly overbought territory on the daily RSI there are more looming threats of a future gov't shutdown. This time I think it happens. Stocks will sharply pull back. Crypto will follow. And everybody will once again have their second chance to buy the fear and re-enter another crypto bull run before it happens.
Stewdamus
Mastering Crypto: A Beginner's Playbook for Success!When I dipped my toes into the crypto world, it was post-COVID, smack in the middle of those two epic highs. Like any rookie, I made all the classic blunders. One in particular stood out - trying to be a short-term trading wizard. Let's face it, it's a rollercoaster ride of excitement, but it demands a truckload of sweat and time. Something... that most newbies are usually short on.
Now, picture this: a more chill and composed medium-term approach. I've got three trusty tools in mind:
1- The BTC halving and the cycles (Jump in between the halving finale or kickoff, and exit before the halfway marker)
2- Dive in when the fear and greed index is in the chill zone below 10, and make your grand exit when it's rocking above 80.
3- If the hash ribbon turns a delightful shade of blue... well, that's a delightful green light.
And the grand finale... DCA... Google is your wingman for that one!