Inequalities in information access and data analytics technology give institutional players an edge over regular retail investors in the digital asset space.
The main idea behind Cointelegraph’s crypto intelligence platform Markets Pro, operated by data analytics firm The TiE, is to equalize the information asymmetries that pervade the cryptocurrency markets.
market supporter Bridges the gap with two world-class functionalities: quant-style VORTECS™ scores, and breaking NewsQuake™ alerts.
Surrounding each coin with pre-historic data is an algorithmic comparison of several key market metrics, which assess whether the outlook for this asset is bullish, bearish or neutral at any given time, given the historical record of price action.
NewsQuakes™ are automated notifications powered by AI routines that monitor thousands of information sources to deliver potentially moving market news to members, often within seconds.
Neither of these is a predictive tool. Both the VORTECS™ Score and NewsQuakes™ are designed to inform traders that something has happened that has reliably moved asset prices in the past. That’s why a good Markets Pro chart is one that shows the events in the right order and at the right time: first comes the indicator, and then comes the price action.
Over the past few days, we have seen several exemplary scenarios illustrating Classic Markets Pro on the market.
RUNE: VORTECS™ up, prices coming soon
June 13 did not start off as a particularly great day for those who had invested in Thorchen (RUNE) and wanted to make some profit. The coin has dipped above $9.00 a few days back to slightly above $7.00.
However, the coin’s VORTECS™ score has remained stable in the green (bullish) zone, sometimes even in the dark green (confidently bullish).
While most traders only saw what was on the surface – a coin’s weak performance – Markets Pro Member Gained access to a broader perspective. Even if the price trend doesn’t look promising at all, market conditions have historically been favorable for RUNE, suggesting a potential downside worth buying.
Shortly before noon, RUNE’s VORTECS™ line exceeded 80, foreshadowing a rally that began six hours later. When the price rose, it rose sharply: from $7.00 to a peak of $10.34 twenty-six hours later.
It may also appear from the chart that the fuel for the rally came from a NewsQuake™ that was detected a few hours before the pump. While the announcement of a RUNE giveaway by QE Capital, an investment company, certainly added momentum, it is unlikely that it actually triggered the massive pump: as a sequence of strong VORTECS™ scores, RUNE’s The breakout was carried forward by one. The overall healthy outlook in the first place.
KNC: News of the Polygon partnership shook the market
Big announcements promising more liquidity for the DeFi sector are usually a boon for the coins involved. When the team at Kyber Protocol announced the deployment of their first liquidity mining program on Polygon and Ethereum, valued at $30M, the market pumped KNC tokens from $1.78 to $2.06 (an increase of 16%) in 8 hours. rewarded within.
However, the impact of the news began to wane almost as quickly as only those who reacted were allowed to feast on the profit table. A safe way to secure a location was to receive a NewsQuake™ (red circle in the graph) that informed users about collaboration. Alerts were sent to Markets Pro several minutes after the deal was publicly unveiled, but before the KNC price went up.
These classic patterns are repeated day after day Cointelegraph Bazaar Pro, where the top performing strategy team has been monitoring since 3 Jan 2021 (Buy at 80, Sell after 24 hours) has now delivered a staggering 3,694% return in live-testing. Full description of the methodology used is available Here.
Cointelegraph is a publisher of financial information, not an investment advisor. We do not provide personalized or personalized investment advice. Cryptocurrencies are volatile investments and carry significant risks, including the risk of permanent and total loss. Past performance is not indicative of future results. Figures and charts are correct at the time of writing or as otherwise specified. Live-testing strategies are not recommendations. Consult your financial advisor before making financial decisions. Full Terms and Conditions.