The Graph and the power of crowd
Santiment Trending Words, also known as "Santrends", managed to pinpoint the top for a token once again.
How does it work? We did a detailed article on how to spot tops using Emerging Trends: https://insights.santiment.net/read/5847
In short, tokens in top-3 Emerging Trends have a high probability to dump very soon.
The Graph (GRT) reached the top of Emerging Trends and dumped very soon.
Many people burnt their hands with it. Now it seems to be a very good correction in Graph. But it can go even deeper. Especially with insane amount of excitement in crowd, like this:
So this was a top for GRT. It could be a temporary top. Just keep in mind the power of the crowd is when everyone is talking about a token. Market goes opposite.
ET is the great tool. We are using it for two years and know the use cases where it's working. Works perfectly after long bear market. Works for new coins like GRT. Doesn't work for BTC and ETH.
This is when you don't enter the market, when a token is in top-3 Emerging Trends. Or wait for a sizeable drop and enter.
The Emerging Trends tool is being used by our users. An insider knowledge, still available for relatively cheap price. It lets you know when to exit.
Disclaimer: The opinions expressed in the post are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product.