We continue to be in Bear phase

in #santiment5 years ago (edited)

Below is the latest prediction from my methodology for crypto trend prediction using Santiment data. The chart shows Gain in Equity.


Startdate = 1 Nov 2017, Start Equity= 100000, End Equity = 1847649, Number of Trades=6

So we are in bear phase and it is expected to continue.

Keep watching this space for when trend reversal happens.

The methodology was posted in post - data provided by santiment improves trading profitability. Please refer to that for details about the methodology.

Using that methodology along with data from Santiment for 34 ERC20 assets - I see excellent results with nearly 18 times return for a year. What is interesting is that last sell signal came on 8th May 2018 and it continues.

Sort:  

This is one of the best prediction. However, the real test will be if and when it will predict trend reversal and that comes true.

does it work on smaller time frame ?

PS :
If you’re posting content on instagram, give share2steem a look. It’s a new dapp that EASILY autopost your instagram post to steemit. Get daily upvotes from s2s and other users who activate unique double curations.

Unfortunately, it does not work on shorter timeframe. Reason could be that significantly and synchronised changes across assets do not happen and sustain over shorter timeframes

Although I am still testing for different time frame and would report if anything promising comes up

ic think it's good enough as frm the last point market still bearish

yes. seems promising to predict major trend reversals. But validity will be proved as and when it predicts next upturn and that really happens... fingers crossed.

You have been defended with a 37.08% upvote!
I was summoned by @prameshtyagi.

This post has received a 33.97 % upvote from @boomerang.

You got a 40.36% upvote from @oceanwhale courtesy of @prameshtyagi! Earn 100% earning payout by delegating SP to @oceanwhale. Visit www.OceanWhaleBot.com for details!

You got a 41.08% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!

This post has received a $14.12 % upvote from @siditech thanks to: @prameshtyagi.
Here's a banana! banana-small.png

Great post!
Thanks for tasting the eden!

Thank you so much for using our service! You were protected from massive loss up to 20%

You just received 50.00% upvote from @onlyprofitbot courtesy of @prameshtyagi!

Want to earn more with us? Our APR can reach as high as
15% or more!

More portion of profit will be given to delegators, as the SP pool grows!

Comment below or any post with "@opb !delegate [DelegationAmount]" to find out about current APR, estimated daily earnings in SBD/STEEM

You can now also make bids by commenting "@opb !vote post [BidAmount] [SBD|STEEM]" on any post without the hassle of pasting url to memo!

* Please note you do not have to key in [] for the command to work, APR can be affected by STEEM prices

This post has received a 50.00% upvote from @lovejuice thanks to @prameshtyagi. They love you, so does Aggroed. Please be sure to vote for Witnesses at https://steemit.com/~witnesses.

Coin Marketplace

STEEM 0.26
TRX 0.11
JST 0.032
BTC 64799.61
ETH 3102.94
USDT 1.00
SBD 3.83