Differences in information access and data analytics technology give institutional actors an advantage over regular private investors in the digital asset space.
The core idea behind Markets Pro, Cointelegraph’s crypto intelligence platform operated by data analytics firm The TIE, is to smooth out the information asymmetries pervading cryptocurrency markets.
Markets Pro closes the gap with two world-class features: the Quant-Style VORTECS ™ Score and Breaking NewsQuake ™ Alerts.
The former is an algorithmic comparison of several key market metrics surrounding each coin with years of historical data that assesses whether the outlook for that asset at any point in time is bullish, bearish, or neutral given the historical record of price movements.
NewsQuakes ™ are automated notifications controlled by an AI routine that monitors thousands of sources of information to deliver potentially market-moving news to members, often within seconds.
None of these are predictive tools. Both the VORTECS ™ score and NewsQuakes ™ are intended to inform traders that something has just happened that has reliably moved asset prices in the past. For this reason, a good Markets Pro chart is one that shows events in the right order and at the right time: first comes the indicator, and then comes the price movement.
Over the past few days, we’ve observed a number of sample scenarios that illustrate classic Markets Pro-Reads in the market.
RUNE: VORTECS ™ skyrockets, price will follow shortly
June 13th didn’t start off as a particularly great day for those who were invested in THORChain (RUNE) and looking to make a profit. The coin is on the way down, falling from over $ 9.00 a few days ago to just over $ 7.00.
However, the coin’s VORTECS ™ score was stable in the green (bullish) area and sometimes even ventured into dark green (self-confidently bullish).
While most traders only saw the superficial – the poor performance of a coin – Markets Pro members had access to a broader view. Even if the price development did not look promising at all, the market conditions for RUNE remained historically favorable, which points to a potentially buyable slump.
Just before noon, RUNE’s VORTECS ™ line tipped over 80, heralding a rally that began six hours later. As the price rose, it rose sharply: from $ 7.00 to a high of $ 10.34 26 hours later.
The graph could also look like the fuel for the rally came from a NewsQuake ™ discovered a few hours outside the pump. While investment firm Qi Capital’s announcement of a RUNE giveaway definitely added momentum, it is unlikely that it actually triggered the massive pump: As a number of strong VORTECS ™ scores indicated, RUNES was the outbreak of an overall healthy outlook first Job.
KNC: News about the polygon partnership shakes the market
Big announcements that promise more liquidity for the DeFi sector are usually a boon for the coins involved. When the Kyber Protocol team announced the launch of its first liquidity mining program on Polygon and Ethereum valued at $ 30 million, the market rewarded the KNC token with a pump of $ 1.78 within 8 hours. To $ 2.06 (a 16% increase).
However, the news wore off almost as quickly as it began, so only those who reacted quickly were allowed to feast at the prize table. A surefire way to secure a spot was to get a NewsQuake ™ (red circle in graphic) informing users about the collaboration. A few minutes after the deal was posted, but before KNC’s price began to rise, notifications were sent to Markets Pro.
These classic patterns are replicated day in and day out on Cointelegraph Markets Pro, where the top performing strategy the team has tested since 3rd. You can find detailed information on the methodology used here.
Cointelegraph is a financial information publisher, not an investment advisor. We do not offer any personalized or individualized investment advice. Cryptocurrencies are volatile investments and carry significant risk, including the risk of permanent and complete loss. Past performance is not an indication of future results. Illustrations and diagrams are correct at the time of preparation or as otherwise stated. Live-tested strategies are not recommendations. Consult your financial advisor before making any financial decisions. Full terms and conditions.