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RE: Steemit Crypto Academy Contest / S19W5: Spotting Market Reversals with CCI

The Commodity Channel Index (CCI) is one valuable tool for holding you to identify overbought and oversold conditions in the market. If the CCI rises above +100, it alludes to an overbought situation that could hint at a bearish reversal didFinish. On the other hand, a reading under -100 suggests an oversold situation, and indicates that prices may soon shift higher. Further confirmation of future trend changes can be found by watching when price movements run parallel or diverge from CCI readings. Because even if we can achieve strategic consistency for high probability setups, these signals do provide some insight into a potentially different way to trade .it may help assist in decision-making processes. thanks for sharing my friend.

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