How is this measuring sentiment exactly? How is this defined?
muiola
⋅
Nice, how can i get it ?
sevensphere
⋅
@muiola, at the top of any chart, click indicator, search for : sentiment , and youll be able to add it to your chart.
InvestingScope
⋅
On each own that could work fine but with the general crypto market on a downturn, we doubt it will. Our immediate TP is 3.8925 but based on the 1W Channel Down, we can target a much lower Lower Low at 1.6921:
sevensphere
⋅
@InvestingScope, shorting the bottom on emotion :) You predict the market cap at 1.5 billions with 4.25M unstaked token with 500M you'll own the entire EOS market. I won't sell my tokens at this price and no one bullish on crypto would sell. The one who sell don't have them they short on margin. Somewhere they will need to cover. We are at record high short they need longs to capitulate and sell into them but it won't happen at this price
TNasr
⋅
Very simple interesting analysis. Have you tested this indicator on other coins? If so what are your findings? Also do you know how this indicator is calculated? I'm wondering how it would stack up against RSI and volume indicators...
sevensphere
⋅
@TNasr, Yes i tested it on others coins. It works fine. It can stack against any lagging indicator. I cannot tell you how i do it but its based on spreads and not direct indicator like the RSI.