In this tool, the Fear & Greed Index is analyzed across 5 different ranges:
- Range 0 to 19: Extreme fear of further market decline among traders
- Range 20 to 39: Fear among traders
- Range 40 to 59: Neutral market sentiment
- Range 60 to 79: Reflecting FOMO among traders regarding price increases
- Range 80 to 100: Reflecting extreme FOMO among traders
What are the applications of TradingFinder's Crypto Fear & Greed Index Tool?
This index can be used alongside other TradingFinder trading tools; Applications of the Crypto Fear & Greed Index:
- Identifying entry and exit points;
- Risk management;
- Trend reversal prediction;
- Confirmation of other tools' signals.
How is TradingFinder's Fear & Greed Index calculated?
The index figure is an average of 5 different criteria. Criteria for calculating the Fear & Greed Index:
- Volatility
- Trading volume and market momentum
- User activity on social networks including X (Twitter) and Reddit
- Cryptocurrency dominance
- Market trends
Conclusion
TradingFinder's Fear & Greed Index tool reflects traders' real-time sentiment. This tool calculates the Fear & Greed index with high accuracy by combining various criteria.