Every week we will post in this blog and in our Telegram channel the ratio between buyers and sellers on crypto market and our trading forecast for short and middle trading period.
I will give you an example and explanation.
If we post the following info for the week 06.03-12.03.2023:
1. Bulls / Bears ratio = 1:10
2. Middle-term sentiment = BEARISH
First, according to the ratio 1:10, it means that for the week 06.03-12.03.2023 for the 1 buyer there are 10 sellers, so it’s better to sell crypto. Second, in the middle-term perspective the crypto market sentiment is BEARISH.
If we post the following info for the week 09.01-16.01.2023:
1. Bears / Bulls ratio = 1:12
2. Middle-term sentiment = BULLISH
First, according to the ratio 1:12, it means that for the week of 09.01-16.01.2023 for the 1 seller there are 12 buyers, so it’s better to buy crypto. Second, in the middle-term perspective the crypto market sentiment is BULLISH.
This information will help you for your short-term crypto trading.
Good luck!