Novice and skilled merchants alike wrestle to search out crypto buying and selling concepts which might be based mostly on sound technical evaluation. With a lot noise within the crypto area and over 3,000 altcoins in existence, it’s onerous to focus!
Whereas many crypto platforms provide the most effective commerce execution, with highest pace and lowest charges, they provide little to no help with buying and selling technique itself.
In distinction to such pure commerce execution platforms, altFINS is as a substitute serving to merchants reply questions like “What ought to I be shopping for or promoting at the moment?”. Commerce execution is straightforward. Commerce choice is tough.
That’s the place altFINS is available in. It presents merchants instruments to enhance their number of commerce concepts together with:
1. Patterns: AI-powered chart sample recognition. altFINS is the one platform that robotically identifies 16 widespread buying and selling patterns similar to Channel Up and Down, Ascending / Descending Triangles and Wedges, Help and Resistance breakouts, (Inverse) Head and Shoulders, amongst others.
Moreover, based mostly on historic information, altFINS predicts more than likely value path going ahead:
2. Curated Charts: technical evaluation of prime 30 cash. altFINS’ analysts conduct technical chart analyses of prime 30 cryptocurrencies by market cap. The evaluation is easy (therein lies the great thing about it) and constant.
It follows the important thing ideas of Technical Evaluation (TA): 1) Development – altFINS makes use of a proprietary development scoring system to evaluate the development course and power, 2) Momentum – utilizing MACD crossovers and RSI indicator to establish bullish or bearish momentum, 3) Quantity – utilizing OBV (On Stability Quantity) indicator to investigate the demand vs. provide market dynamics, 4) Patterns – detect value patterns that present clues about investor psychology and help/resistance ranges, 5) Help and Resistance –set up clear horizontal help and resistance zones, which grow to be key buying and selling ranges (Purchase Help, Promote Resistance).
3. Screener and Alerts: Pre-defined and customized filtering of crypto markets based mostly on over 60 technical indicators similar to MACD, RSI, SMA, EMA, Stochastic, and Bollinger Bands.
Merchants can use altFINS’ Screener to scan the marketplace for cash that match their buying and selling model. On the lookout for cash which might be oversold? Overbought? Trending up however experiencing a pullback? Cash with a bullish momentum swing? Cash with a EMA 12/ 50 crossover?
altFINS has dozens of such pre-defined filters for merchants to make use of and/or create customized ones.
Furthermore, merchants can set Alerts for screeners to get notified when cash match their standards!
4. Real-time Twitter news feed: learn and search twitter information throughout 1000’s of altcoins with potential value shifting information about listings, partnerships, product updates, AMAs, buying and selling competitions, airdrops, mainnet launches and different upcoming occasions.
This can be a nice technique to minimize by means of the noise and discover cash with upcoming catalysts.
5. Intensive knowledge base (KB): study by studying and watching content material about buying and selling methods and suggestions. altFINS helps merchants educate themselves on crypto buying and selling strategies by means of visible illustrations and hands-on examples.
Following are examples from the KB:
4 methods to make use of MACD indicator in buying and selling (read)
The best way to development commerce crypto (read)
The best way to commerce EMA 12 / 50 crossovers? (read)
Threat administration (read)
altFINS is constructing instruments and content material to make merchants extra environment friendly and worthwhile. You’ll be able to strive all of those instruments for free.