Ouch! fear index at 21 (Patreon)

Dilan extreme is doing pretty well today, buying all the catastrophe prices. I've adjusted the TP to only 2 given the severity of the dump. 

https://3commas.io/bots/4247310/shared_show?secret=1158decdb0 

If you want to buy at discount you could also use a copy of Martyn BUT make sure you set the max deviation to even large numbers at least 30%, you can use it to buy your favourite tokens that are being punished now. 

BTC can potentially drop below 33K. We broke 21 weekly EMA, but we started this week going straight for the 34. We have broken the 34 although the candle will only close on Sunday. We need to see how this develops.   

In order to enter capitulation stage we need the fear & greed index to really tank first, to find a bottom with most people in panic mode. As long as there's more bulls than bears in social media then it means we haven't actually found the actual bottom. But once that happens then we can't recapitulate.

Institutions need an actual bottom to enter. 

I'm not adding funds or panic selling, I'm just using my spare cash to catch the sale while still being very conservative. 

Dilan extreme is VERY conservative, but it can be even more (you can drop further the RSI levels if you want to). 

On another note, I'm so glad I haven't released the futures signal yet!!! One part of me was excited to have it ready, but it's really disappointing when the same day I make a new shiny signal available with a great 2 month backtest available is the same day the whole market tanks >30% then people wonder if it's really a good signal. 

You cannot design a signal for profiting on a disaster day, because if you do then that same signal won't profit anything during a bull run. For example: Dilan extreme is my best bot today, if you ran it between December and March it would have done only a handful of trades. 

The stock market, nasdaq is looking ugly too.

Anyways, futures bot should become available before the weekend. It'd be great to swtich them on if we find a decent bottom of the market!