Psychological Line

The Psychological Line (PSY) is an indicator not to forecast the rise and fall of the price, but to measure investors' sentiment.

Psychological Line

The Psychological Line (PSY) is an indicator not to forecast the rise and fall of the price, but to measure investors’ sentiment. It is not telling how high or how low the index will go to, but just say would investors afraid of the current high price or not. Would they still chase even the price continues to go up, or vices versa? Would they continue to sell if the avalanche comes?

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