π Useful Trading Indicators to Keep an Eye On
TC Top Signal (Delphi)
TC Top Signal from Delphi is a comprehensive indicator that integrates on-chain, technical, and sentiment data. Historically, when the signal approached around 80, it indicated market tops. Currently, the reading stands at 60.
Hyperliquid Long/Short Ratio
The Hyperliquid Long/Short Ratio, found on Coinglass, suggests that levels exceeding 80% in either long or short positions are extreme. This indicator can help traders anticipate mean reversion or potential risk-off scenarios.
OI Dominance (Coinalyze)
Coinalyze’s OI Dominance metric focuses on the dominance of “Others” in the market. An increase in the “Others” category typically signifies the onset of altseason. Traders can use this data to monitor broader market shifts.
Hypertracker (Coinmarketman)
Hypertracker, provided by Coinmarketman, offers insights into whale versus retail sentiment on Hyperledger. By identifying divergences and exposure levels, traders can make informed decisions.
These simple yet powerful tools provide valuable insights for traders navigating the cryptocurrency market.
Discover more: Mastering Crypto Success: The Power of Discipline, Time, and Pain Tolerance
