AI Based Analysis for BTC and ETH by VulturesPick

in bitcoin •  8 years ago 

Vulture’s Pick is Buy & Sell Signal Service for Indian Stock Market. And now it has ventured out to extend its services to cryptocurrency market. These signals are discovered with the help of Artificial Intelligence using price and fundamental data and hypothesis that markets are not completely efficient in any time frame. These inefficiencies, in due course of time, will eventually be identified by market participants and will vanish. So act on them now and let the market play out the magic in your favor.

Results
4th May 2017.jpg

Results Analysis:
Modeled price for both ETH and BTC is lower than actual price. It means that now these currencies are overpriced. However, as the trading signal for both still remain in Buy zone. So in summary remain Long but be watchful as reversal could be just around. Keep watching this space.

Data Source
BTC Price and fundamental Data Source: https://blockchain.info/api/charts_api
ETH Price and Fundamental Data Source : https://etherscan.io/charts

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When the market is inefficient it is easy to predict prices but very hard to actually find a taker for your order. Having a real trader working is insanely difficult whereas coding a strategy that generates 1000% in a month is something a kid could do.

That is true Chrish. And I myself faced it for long. Only robotic trading is the solution to take emotions out of equations. My vulturespick is robotic trader and it has done pretty well in last one year since launched.