In this article, upon your intense demand, I will explain in simple terms what "© RB Crypto Bull vs Bear Index" is for and how to use it.
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What is the © RB Crypto Bull vs Bear Index?
Introduction
In this article, upon your intense demand, I will explain in simple terms what the "© RB Crypto Bull vs Bear Index", which is my own invention, licensed and published on our Referral Brotherhood platform for a long time, is and how to use it.
Many people ask me questions. Sir, I do not understand this index. How does it work or how can I read it?
Since some of our followers have a little technical and fundamental analysis knowledge, they do not have difficulty understanding the © RB Crypto Bull vs Bear Index. However, many people who do not have any knowledge at all have difficulty understanding it.
In this article, I will explain in simple terms what © RB Crypto Bull vs Bear Index is and how it works.
Latest Updates
09.05.2022 / v.1.0 The first stable version has been released.
24.08.2022 / v.1.1 The algorithms in the indicator have been updated in accordance with the cryptocurrency markets.
25.09.2022 / v.1.2 The graphical interface and percentage slices of the index have been changed and the algorithms have been updated. The graph has been made simpler and more understandable. The relevant article has been updated.
25.12.2022 / v.1.3 The algorithms in the indicator have been updated in accordance with the cryptocurrency markets.
24.05.2023 / v.1.4 The indicator algorithms have been updated in accordance with the cryptocurrency markets.
25.08.2023 / The relevant article has been updated.
27.11.2023 / v.1.5 The indicator algorithms have been updated in accordance with the cryptocurrency markets.
25.03.2024 / The logo has been added to the graphical interface of the index and the license information has been updated.
22.09.2024 / The index license information has been updated.
Note: © RB Crypto Bull vs Bear Index is at the top of this topic and on the referralbrotherhood.com website homepage, the current status of the cryptocurrency market is analyzed.{alertSuccess}
Pandora's Box - © RB Crypto Bull vs Bear Index
Knowing the direction of the market in stock exchanges is the most difficult thing because many factors, including fundamental and technical analysis, affect the markets. The downward or upward trend of the market is very important for cryptocurrency investors and traders. There are many researchers, mathematicians, technical analysts and Blockchain technology experts in the world. These people work day and night to know the direction of the cryptocurrency market and are looking for the answer to the real question.
There are two types of analysis in traditional stock exchanges and crypto exchanges:
Technical Analysis and Fundamental Analysis.
- Technical Analysis: It is the examination of an investment vehicle according to its past decline and rise movements, with candlestick charts, certain indicators, drawing tools and support resistance levels.
- Fundamental Analysis: It is the examination of investment vehicles with market news and trend fluctuations.
Waht is © RB Crypto Bull vs Bear Index?
"It is an indicator built on the combination of Technical Analysis algorithms, suitable for investors in the medium and long time range (Weekly and Monthly). It is not suitable for investors opening transactions in short time intervals (Minute, Hour, and Day). Its purpose of establishment is to guide investors in the medium - long time range and to minimize losses and increase profits. It works with a ninety percent and above hit rate."
This is very important; "© RB Crypto Bull vs Bear Index" does not include emotional data such as "Fear - Greed Index" or the flow of content on social media. It is a combination of completely Technical Analysis algorithms. In other words, it is a technical indicator.{alertSuccess}
To put it briefly ;referralbrotherhood.com's "© RB Crypto Bull vs Bear Index" technically measures the upward or downward trend of the cryptocurrency market in the medium to long time range.{alertSuccess}
How to Use © RB Crypto Bull vs Bear Index?
Now I will explain to you how to use the indicator in simple language. While explaining to you, please use the "© RB Crypto Bull vs Bear Index" visual at the top of this topic.
The © RB Crypto Bull vs Bear Index, built on technical algorithms, was created by dividing a 130-point percentage rate into 4 different slices, starting from -%15 and ending at +%115 on a gauge chart. Each slice is divided into dark red (-%15 / +%15), light red (+%16 / +%49), light green (+%51 / %84) and dark green (+%85 / +%115) colors and the relevant percentage slices.
Meanings and Usages in © RB Crypto Bull vs Bear Index
The Bitcoin arrow on the indicator indicates the current status of the cryptocurrency market.
Dark Red Percentile (-%15 / +%15): Indicates that the cryptocurrency market is in Bearish Season and the downward trend in the market is very high.
Light Red Percentile (+%16 / +%49): Indicates that the cryptocurrency market is in Bearish Season and the market is in a downward trend.
Light Green Percentile (+%51 / +%84): It indicates that the cryptocurrency market is in a Bullish state and the market is in an upward trend.
Dark Green Percentile (+%85 / +%115): It indicates that the cryptocurrency market is in a Bullish Season and the upward trend in the market is very high.
Final Analysis Time: It indicates the date on which the last analysis of the cryptocurrency market was made.
NOW: It indicates the current percentage status of the market "Last Analysis Time" and the status of the Bitcoin arrow on the indicator.
Conclusion
I tried to keep the article quite understandable and short. I believe that I have filled a big gap and eliminated the deficiency in the crypto money market with this indicator. I think that the "© RB Crypto Bull vs Bear Index" that I have been publishing on our Referral Brotherhood platform for a long time will be beneficial to all humanity.
To read detailed article about "© RB Crypto Bull vs Bear Index" Here Click.
© RB Crypto Bull vs Bear Index indicator If you like it, support our platform Register on Binance Exchange with this article You can be.{alertSuccess}
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