Buy Signal Continues : Prediction Working

Profile picture
prtyagi
May 9, 2019

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 = 2398756, Number of Trades=7, Latest position= LONG


After 8 months being in bear phase -methodology gave first buy signal on 7th January 2019 and it has not changed since then despite market going sideways.


So far the signals from methodology are 100% correct.


The methodology was posted in post - [data provided by santiment improves trading profitability](https://steemit.com/crypto/@prameshtyagi/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 23 times return since Nov'2017. What is interesting is that last sell signal came on 8th May 2018 and it continued till 7th January 2019. And now the buy signal that came on 7th Jan 2019 continues. The robustness of the methodology is remarkable as although there was good drawdown after the buy signal on 7th Jan but methodology did not change its signal.


# List of ERC20 tokens used in the analysis #

["bitcoin","ethereum", "binance-coin", "omisego", "kucoin-shares", "bancor", "loopring", "decentraland", "digixdao", "dentacoin", "crypto-com", "funfair", "storj", "sonm", "mobilego", "indorse-token", "aragon", "power-ledger", "tenx", "kyber-network", "salt", "civic", "santiment", "singulardtv", "0x", "aeternity", "basic-attention-token", "bytom", "golem-network-tokens", "chainlink", "populous", "status", "waltonchain", "aion"]

Assets from this insight

Bitcoin logo

BitcoinBTC

$ 7267.73

0.34%in last 7d