Market Sentiment | Crypto-Addicts

HOW TO READ THE MARKET SENTIMENT ?

A brief explanation of the table that should come very frequently in the future. 

You may be wondering if a "strong buy" means that it is a buy signal. Absolutely not. We use here the classic vocabulary of indicators but this alone does not represent a buying signal of course. 

 

The idea is that a strong buy, for example, is a situation in which the market is clearly in an overbought situation, without there being any judgment on the strategy to adopt. For some it will be the time to sell, for others, the time to hold their position and for others to buy in the hope of a continuation of the rise. A strong sell is on the contrary a situation of over-sell.

What can become interesting is signal divergence (sell 30min and buy daily) because it could indicate waves or reversal of trends for example. 

It also gives you a quick overview of the market situation and correlation. (Any green, any red or only one green value when everything is in red... ) 

 

This table is therefore informative and can provide a lot of information if you look closely.

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