How to use Alts Club altcoin trader

How to use Alts Club altcoin trader

Published: 24th July, 2018 by Mike A

Cryptocurrency exchange tidal indicators

Project Eagle refers to good and poor altcoin trading times spil “the tide’s ter”, “the tide’s out”, and “the tide’s switching”. It’s our measure of a particular cryptocurrency exchange’s current vertoning — and that exchange’s potential to provide a day trading profit.

You want to do altcoin trading, but is it a good time or not? Should you? Shouldn’t you?

Project Eagle’s tidal news provides a powerful instrument for the cryptocurrency trader’s toolbox. It shoud help increase profits — and reduce dangerous trading.

When is a good time to trade on a cryptocurrency exchange?

A cryptocurrency exchange may have many traders online, but that doesn’t mean they’re te a trading madness. An exchange may have few traders online, but that doesn’t mean they’re disinterested. What are trading bots up to right now? Are fat international finance houses momentarily pumping prices by sucking up altcoins for long term investment, leaving you with a unexpected price druppel when they’re done? Or are big traders divesting themselves of low quality or dangerous altcoins, and abruptly crashing your spot trades?

To the uninformed or reckless, spot trading can cost fortunes. Identifying exchange tidal patterns encourages altcoin traders to avoid periods of peak danger.

Project Eagle has a plain way of indicating otherwise difficult to obtain cryptocurrency exchange trading conditions. Te the Alts Club Altcoin Trader, if there are lots of best performer coin tables displaying “greens”, then the tide’s ter. Trading should be good. My own trades have on occasion gained about 25% te less than 15 minutes at thesis times. Conversely, when few tables display, the tide’s out. There’s poor potential for a welvoeglijk catch: best go smell the roses (love life)!

Spil you detect high and low altcoin trading tides, you’ll waste less time watching laptop screens, waiting and baiting yourself into poor trades. You will step by step get to know how tidal activity exposes periods ter the day or week that are especially profitable or dangerous, either generally or for particular coin pairs.

Cryptocurrency exchange tidal activity

A typical “tide’s ter” display will look like…

Figure 1: Tide’s ter: Cryptocurrency trading tables when exchange trading is high

Ter particular, notice lots of green flags and green price/bids. Green flags display when significant trading signals suggest good trades and low risk of unexpected reversal. Observe those price/bid/volume percentages too. They represent latest activity, with >1% increase being very good (recall, the ticker operates about every Five seconds). 7 of the 13 top performers te Figure 1 display an enhancing price/bid percentage above 1%. That’s positive trading activity!

Ter tegenstelling, notice when the tide’s out…

Figure Two: Tide’s out: Cryptocurrency trading tables when exchange trading is low

Few cryptocurrency pairs — and they’re the top performers! Obviously, altcoin traders are not inclined to trade. Sometimes there are no tables to display! It couldn’t be more plain, could it? That plainness hides the fact that wij cannot find this valuable information elsewhere because it takes substantial analysis to expose when the tide’s out.

Notice the green flag on BTC_BTS, with commencing green price/bid and high Txs indicators. A trader viewing cryptocurrency exchange candlesticks could believe this represents a brewing chance. Whilst possibly true, the trader would not see from candlesticks that limited trading suggests poor profit chance, a stagnant price, and potential for the market being powerless due to potentially bad news — with a following crash.

Would you choose a strong trade or a potentially dangerous one?

What about switching tides?

Observe Alts Club Altcoin Trader Figure 3…

Figure Trio: Tide’s out: Cryptocurrency trading tables during tidal switch

Albeit twelve cryptocurrency tables show up, all have poor indicators. Reminisce, of about 90 cryptocurrency pairs on the exchange referred to ter this example, Poloniex exchange, analysis only resulted te 12 tables. They were the top altcoin performers when this screenshot wasgoed taken. The surplus were potentially dangerous.

For example, the green flag would normally indicate a good trade. It’s because, overall, trading signals are high. However, the green flag on BTC_LTC has no support from enhancing percentages on price/bid or volume. Te this case, background analysis proved that albeit signals were good, overall standard deviation statistics were balanced by danger signals on price and volume. See that low 0.2% rise? It indicates market hesitation (but check exchange candlesticks: if it’s a persistent rise it could be a good investment). This type of script happens too quick for human minds to catch by observing exchange candlestick gegevens, but to the careful trader can warn of imminent rises long before bots based on traditional money markets. The example exposes a critical point: altcoin markets are vastly different from money markets — it’s a loser who relies solely upon traditional money market analysis devices.

Notice overall Figure Trio display is grey/crimson. There’s nothing worth trading yet. Those few green caf indicate a tide about to come ter — observe for switch! (By the way: wij hope to provide audible trading alerts — very soon, to diminish time spent watching for the tide to come te.)

So, when to trade altcoins?

My good trades come from 15+ tables, at least 7 with green flags AND green price/bid + volume indicators. Then I know two things: 1) trading is high, and Two) trading is volatile. That’s the time to substantially increase an altcoin trading portfolio!

30+ tables displays high volatility and chance. Many top performers tend to demonstrate worldwide market circumstances leading towards major events like the introduction of Segwit (segregated witness) to BTC or potential for a Bitcoin fork, like that rumoured on or after 1st August 2018.

Te addition to knowing altcoin exchange tidal activity, I strongly suggest becoming deeply familiar with how Alts Club trading tables work. For now tho’, you have a far higher probability of enhancing your portfolio by trading when the the tide’s te!

Conclusion

Project Eagle provides methods for simply identifying when it’s worth trading. That is, when the Altcoin Trader best altcoins pagina displays lots of tables with green kroegen and flags. Skill of tidal activity provides an advantage to altcoin traders, and especially the advantage of knowing when not to trade. Altcoin traders no longer need to waste time when there’s little uitzicht of profitable spot trading.

Related movie: How to begin mining Zcoin (XZC) on pool with NVIDIA GPU’s


Leave a Reply

Your email address will not be published. Required fields are marked *