[NEW AI Robot!] Crypto Day Trader (BTC, LTC, BCH, BEL, NEO, SAND)
We used the following steps to create this AI Robot to address both the volatility of cryptocurrencies and the risk management for effective day trading:
Step 1. We created a portfolio of cryptocurrencies (BTC, LTC, BCH, BEL, NEO, SAND) selected by AI from several hundred crypto tickers based on the results of backtests.
Step 2. We have formed a pool of trading algorithms that have proven their effectiveness in the cryptocurrency market. All algorithms are based on a proprietary combination of technical indicators (Envelope, Parabolic and many others) with individually selected parameters. The AI chooses the most suitable algorithm for each ticker, each market situation (uptrend, downtrend or sideways) and opens trades.
Step 3. After entering the trade, the AI Robot places a fixed order "Take profit", the distance to which depends on the current volatility of the selected cryptocurrency. To exit a position, the robot uses 2 options: a fixed stop loss of 3-6% of the position opening price and a flexible trailing stop that allows you to save most of the profit if the market reverses.
The robot's trading results are shown without using a margin. For a full trading statistics and equity chart, click on the "show more" button on the robot page. In the tab “Open Trades”, a user can see live how the AI Robot selects tickers, enters, and exits in paper trades. In the tab, “Closed trades”, a user can review all previous trades made by the AI Robot.
Click to view all statistics and closed trades
Frequently bought together:
- Counter-Trend Strategy Crypto
- Swing Trader Crypto (ALGO, IOST, LINK, QTUM, NEO)
- Day Trader Crypto (max open 8)
Review statistics and all closed trades of our AI Robots for free!
BTC.X's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for BTC.X turned positive on May 27, 2023. Looking at past instances where BTC.X's MACD turned positive, the stock continued to rise in of 59 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 02, 2023. You may want to consider a long position or call options on BTC.X as a result. In of 128 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BTC.X advanced for three days, in of 447 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 89 cases where BTC.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
BTC.X moved below its 50-day moving average on May 07, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for BTC.X crossed bearishly below the 50-day moving average on May 10, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 21 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BTC.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BTC.X broke above its upper Bollinger Band on May 28, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for BTC.X entered a downward trend on May 19, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
| 1 Day | |||
|---|---|---|---|
| CRYPTO / NAME | Price $ | Chg $ | Chg % |
| 1INCH.X | 0.381214 | 0.012087 | +3.27% |
| 1inch Network cryptocurrency | |||
| ETH.X | 1907.256600 | 45.055176 | +2.42% |
| Ethereum cryptocurrency | |||
| EPS.X | 0.032427 | 0.000174 | +0.54% |
| Ellipsis cryptocurrency | |||
| MOB.X | 0.651338 | -0.002177 | -0.33% |
| MobileCoin cryptocurrency | |||
| MULTI.X | 3.864283 | -0.107214 | -2.70% |
| Multichain cryptocurrency | |||
BTC.X and
Correlation & Price change
A.I.dvisor indicates that over the last year, BTC.X has been closely correlated with BTCUP.X. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if BTC.X jumps, then BTCUP.X could also see price increases.
| Ticker / NAME | Correlation To BTC.X | 1D Price Change % | ||
|---|---|---|---|---|
| BTC.X | 100% | +1.60% | ||
| BTCUP.X - BTC.X | 100% Closely correlated | +2.86% | ||
| ETH.X - BTC.X | 90% Closely correlated | +2.42% | ||
| ETHUP.X - BTC.X | 88% Closely correlated | +5.25% | ||
| RUNE.X - BTC.X | 86% Closely correlated | +3.53% | ||
| GNO.X - BTC.X | 84% Closely correlated | +1.28% | ||
More | ||||
