Litecoin / U. S. DollarKraken
Descrizione
⋅ This is an interpretation of James Sibbet's demand index (DI). The indicator does an excellent job of displaying:
- Divergences between DI and price. A divergence between the DI and prices suggests an approaching change in the price trend.
- Trendline analysis of DI showing levels of support/resistance, can help determine changes in trend.
- As a leading indicator DI trendlines are often broken ahead of price trendlines.
- Zero-line crossings can confirm previous signals as a lagging indicator.
The Demand Index indicator is available for purchase at https://www.cryptoalphaindicators.com/demand-index/