Fear the Crowd FOMO, Ride the Crowd FUD!
🗣️ With markets continuing to range, there is no better time to watch traders' emotions as they comment on whether to:
🟦 Buy
🟥 Sell
🟨 Hold
The attached chart indicates the trends of the vocal crypto community (who notoriously get their calls WRONG) calling for one of these three options as markets ebb and flow.
When you see the high tips of the candles skewing red (indicating FUD from the crowd), the probability of crypto markets rising greatly increases.
When you see the tips of the candles skewing blue (indicating FOMO from the crowd), the probability of crypto markets dropping greatly increases.
Markets move the opposite direction of the majority's expectations, and whales reap the rewards. If you like making profitable moves on shorter to mid term timeframes like whales do, follow along with our preset chart, and let us know what opportunities you've found.
Thanks for reading!
If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!
Never miss a post from brianq!
Get 'early bird' alerts for new insights from this author
Conversations (0)