Volumes have recently become the new shiny thing 💫
Everyone is looking at clusters, trying to identify the fair price zone.
The hypothesis we want to test is: Does an increase in volume affect the price growth of an asset in the crypto market ? If so, what potential growth can be expected ?
Our inputs:
- 800 trading pairs from Binance
- Candle bar - 1 hour
- OHLCV data type
Our variables:
- Number of bars for “look back” and calculating the rolling mean volume
- Volume multiplier relative to the average
- Price spike percentage after meeting the above conditions
- Number of bars after a volume spike before a price spike occurs
Our findings:
- There is a direct correlation and effectiveness of volumes in describing price spikes.
- The most likely number of historical bars for calculating rolling mean volume is 50, with a multiplier of 2, though 30 bars also perform decently.
- The most likely price increase is up to 5%, regardless of the multiplier used. The probability of a 5-10% and 10-15% increase after 30 bars post-volume spike is 11.6% and 4.5%, respectively, with a multiplier of 2.
Pairs with the highest correlation in terms of volume dependency:
1. BSW / DPEP - 0.984
2. ICX / STEEM - 0.902
3. AGIX / PEOPLE - 0.865
In simple terms:
If you didn’t quite catch everything and it was too complex, here’s the takeaway. Volumes work, but you need to pick specific pairs that typically react well. Don't aim for a 50% increase after a volume spike, but a 5% increase is generally guaranteed in most cases, which is good for futures trading 🧠
#quantafam #cryptocurrency #tradingmarket #crypto
Every impulsive action can be stopped with one simple question: Is it really worth it ?
This question can become your best advisor.
🧠Want to enter a trade without a SL? Stop and ask yourself: Are you truly so confident in your idea that you're willing to risk all your money for it?
💗Frustrated after a SL? Ask yourself if one losing trade is really worth ruining your mood and potentially creating more problems down the line.
🚩Feeling angry and wanting to take it out on the market? Again, ask yourself if the market is truly to blame, and whether your actions will make anything better for anyone.
It’s a simple and powerful filter that can help you avoid rash decisions, both in trading and in everyday life.
When in doubt, ask yourself again 🧼
#quantacademy #crypto #CryptoInvesting #web3
🧼Create your crypto marketing strategy in 2024 !
Identify Your Target Audience
Set Clear Goals
Analyze Your Competitors
Develop a Positioning Strategy
Leverage Content Marketing
Utilize Social Media
Invest in Paid Ads/Influencer Marketing
Engage in Networking
We offer you the right tools for growth!
@quantAgencyX
Volumes have recently become the new shiny thing 💫
Everyone is looking at clusters, trying to identify the fair price zone.
The hypothesis we want to test is: Does an increase in volume affect the price growth of an asset in the crypto market ? If so, what potential growth can be expected ?
Our inputs:
- 800 trading pairs from Binance
- Candle bar - 1 hour
- OHLCV data type
Our variables:
- Number of bars for “look back” and calculating the rolling mean volume
- Volume multiplier relative to the average
- Price spike percentage after meeting the above conditions
- Number of bars after a volume spike before a price spike occurs
Our findings:
- There is a direct correlation and effectiveness of volumes in describing price spikes.
- The most likely number of historical bars for calculating rolling mean volume is 50, with a multiplier of 2, though 30 bars also perform decently.
- The most likely price increase is up to 5%, regardless of the multiplier used. The probability of a 5-10% and 10-15% increase after 30 bars post-volume spike is 11.6% and 4.5%, respectively, with a multiplier of 2.
Pairs with the highest correlation in terms of volume dependency:
1. BSW / DPEP - 0.984
2. ICX / STEEM - 0.902
3. AGIX / PEOPLE - 0.865
In simple terms:
If you didn’t quite catch everything and it was too complex, here’s the takeaway. Volumes work, but you need to pick specific pairs that typically react well. Don't aim for a 50% increase after a volume spike, but a 5% increase is generally guaranteed in most cases, which is good for futures trading 🧠
#quantafam #cryptocurrency #tradingmarket #crypto
🧼Create your crypto marketing strategy in 2024 !
Identify Your Target Audience
Set Clear Goals
Analyze Your Competitors
Develop a Positioning Strategy
Leverage Content Marketing
Utilize Social Media
Invest in Paid Ads/Influencer Marketing
Engage in Networking
We offer you the right tools for growth!
@quantAgencyX
Every impulsive action can be stopped with one simple question: Is it really worth it ?
This question can become your best advisor.
🧠Want to enter a trade without a SL? Stop and ask yourself: Are you truly so confident in your idea that you're willing to risk all your money for it?
💗Frustrated after a SL? Ask yourself if one losing trade is really worth ruining your mood and potentially creating more problems down the line.
🚩Feeling angry and wanting to take it out on the market? Again, ask yourself if the market is truly to blame, and whether your actions will make anything better for anyone.
It’s a simple and powerful filter that can help you avoid rash decisions, both in trading and in everyday life.
When in doubt, ask yourself again 🧼
#quantacademy #crypto #CryptoInvesting #web3
Reflecting on an incredible Emergence Prague! 🚀
Huge thanks to everyone who stopped by the #Bitget booth and made the event so memorable. Special shoutout to @GracyBitget for her inspiring thoughts on how CeFi and DeFi can coexist and complement each other.
Together, we’re shaping the future of Web3! 💙
#EventwithBitget