See my related analysis below based on these top Binance crypto pair movers based on momentum and slope.
Momentum top moves
BNBETH |
BNBBTC |
NEOBTC |
EOSETH |
ETHBTC |
LTCBTC |
EOSBTC |
QTUMETH |
ZRXETH |
BATETH |
Slope
LTCETH
BNBETH
XMRETH
BCHBTC
EOSETH
VENETH
BNBBTC
ZRXETH
XRPETH
BATETH
VENBTC
When you look (on TradingView.com) at the top movers based on lop Slope movers, you will find they usually peaked in the first 3 weeks of April. Most have dropped after that so this is the crazy down whipsawa I am seeing. There are less opportunities which means you rely on the crypto asset class weighted average of the Big 5. it basically comes down to timing on when to start trending based on the overall momentum of the entire market. This is using the wieghted aaverage s the overall gauge to measure when to trade. If the weighted average is below a certain amount. it is not worth taking the risk to trade due to higher probability of whipsaws.How often this is another question but it is quite clear there was a nice run up on the above pairs generally between Dec and mid April.
NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!