Crypto Quick Hits: 8 simple steps to multiple weekly winners

cointelegraph.com:

Cointelegraph Markets Pro gives members access to multiple strategies for finding weekly crypto winners.

This article outlines how to use two overlooked indicators that, based on historical data, have been able to alert traders to massive potential price increases. These indicators can also be indispensable tools for asset discovery.

When these indicators are abnormally high, they warrant a closer look at the featured assets to investigate the reasons behind the abnormal volume dynamics.

Before diving in, it’s important to understand this point: Cointelegraph Markets Pro is made up of multiple, real-time, AI-driven indicators, that provide members multiple opportunities to get into select assets before — or just as — their prices take off.

These indicators can be used individually or in tandem to make informed trading decisions. And that’s why, every week, members can look forward to finding winning alerts.

The trading strategy discussed below relies on these two often-neglected metrics:

Below are eight simple steps to follow for this trading strategy:

Step 1: Go to the scanner and sort by Positive Tweets Sentiment.

Step 2: Look for assets with a 60% or higher Positive Tweets Sentiment.

Make sure to customize the scanner view first, so the Positive Tweets Sentiment can be seen. Then click to add the Positive Tweets Sentiment column to the view:

The Positive Tweets Sentiment, by the way, is the percentage of positive tweets about a cryptocurrency over the last 24 hours. The higher the better, but the target is at minimum a 40% – 60% increase.

Step 3: Look for assets with a minimum of 200 – 400 tweets over the last 24 hours.

Ignore all high-sentiment tokens with very few tweets because these assets are likely giving a false positive.