Stock Groups

Even in a choppy crypto market, this algorithmic indicator helped traders identify the few winners -Breaking

[ad_1]


As it looked as if the crypto market would make a comeback just when it was about to give way, investors were bracing themselves for a new bull rush.Increased geopolitical tensionsTo drive the price ofBTCThe price of most altcoins is also dropping below $40,000 Such periods of market uncertainty, however, are not unprecedented, and digital assets’ individual history already holds information on the way their prices previously behaved under similar macro conditions.

As the news cycle twisted and turned, the market fluctuated with it. Last week’s altcoin rally was weak. Several assets with solid price performance achieved this after demonstrating strong trading history. This is how cryptocurrency traders could have detected favorable trading conditions and applied them.

Detecting history’s rhymes

TLOS: Looking forward to a second leg upward

VORTECS™ Score (green/gray) vs. TLOS price, Feb. 12 – 19. Source: Cointelegraph Markets Pro

UNFI: Strong outlook to foreshadow a long rally

VORTECS™ Score (green/gray) vs. UNFI price, Feb. 12 – 19. Source: Cointelegraph Markets Pro

AVAX: Preparation for an incoming peak in price

VORTECS™ Score (green/gray) vs. AVAX price, Feb. 12 – 19. Source: Cointelegraph Markets Pro

Continue Reading on Coin Telegraph

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]