REVERSE INDICATOR

In the cryptocurrency trading community, traders use the term, “Reverse Indicator” to refer to a trader who is simply perpetually wrong in making cryptocurrency price movement predictions.

Given the nature of this trader, the Reverse Indicator is someone whom traders should always trade against. For instance, should you consider Mr. Banks a Reverse Indicator, and he buys a lot of Wave Coins under the belief that the price of said token would eventually go up, then the trader keeping tabs of Mr. Banks’ prediction should sell all his or her Waves coins. Being always wrong, one should always bet against a Reverse Indicator.

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