Cerberus observes the ratio between stable coins and the markets to forecast extremes.
We are currently seeing a sell signal. The past sell was a fake out so its worth having a look a how often this can happen and if it has ever happen to see two fake outs in a row.
From 2017, where we can start tracking all the stable coins used in the indicator, we see 15 sell signals. So far only two including the past month one are the only ones that got it wrong. That’s about a 77% right.
What’s more interesting is to notice that there’s never been two signals wrong in a while.
Not financial advice only chart observations.
We are currently seeing a sell signal. The past sell was a fake out so its worth having a look a how often this can happen and if it has ever happen to see two fake outs in a row.
From 2017, where we can start tracking all the stable coins used in the indicator, we see 15 sell signals. So far only two including the past month one are the only ones that got it wrong. That’s about a 77% right.
What’s more interesting is to notice that there’s never been two signals wrong in a while.
Not financial advice only chart observations.
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