Bitcoin Forum

Economy => Trading Discussion => Topic started by: BitcoinUpOnly on December 23, 2022, 08:55:01 PM



Title: Bitcoin Derivative Data Aggregator (Trading Dashboard)
Post by: BitcoinUpOnly on December 23, 2022, 08:55:01 PM
Hi fellow Bitcoin traders,

There is a new Cryptocurrency Trading Dashboard where you can view derivative exchange data from Bitcoin and Ethereum in a one-page view. It's called Whaleportal (https://whaleportal.com/).

This can help you better grip the markets for shorter-term timeframes.
The chances for traders to create successful trading strategies significantly increase if you use derivative exchange data in your analysis.



Title: Re: Bitcoin Derivative Data Aggregator (Trading Dashboard)
Post by: Bitcoin_Arena on December 23, 2022, 11:31:16 PM

This can help you better grip the markets for shorter-term timeframes.
The chances for traders to create successful trading strategies significantly increase if you use derivative exchange data in your analysis.
The above futures data, how is it any different from the buy and sell wall that was popular back in the day before traders realized that a whale can actually manipulate the orderbook to make it look like they is a very huge by or sell wall, leafding to the movement of the market in a certain direction, only for the whale to remove the huge buy or sell order in a matter of seconds.


Title: Re: Bitcoin Derivative Data Aggregator (Trading Dashboard)
Post by: Oshosondy on December 24, 2022, 05:25:11 AM
This is a good work, I hope you will make more amendments, but I just like how you explain each, I read some and unable to point out mistakes. I have not read all but I will still later continue to read it.

This can help you better grip the markets for shorter-term timeframes.
The chances for traders to create successful trading strategies significantly increase if you use derivative exchange data in your analysis.
I can see something like exchange balance, this can be used for long term trading or even holding, maybe you want to make it in a short time, but why not make the period up to at least 4 years or even from all time?  The period can be added underneath the chart in a way it can be clicked.

Is it true that only three exchanges are used for the data?

Also that there are some information and data that can help in trading, but it should be known that indicators may fail too, nothing is 100% accurate in trading, but with the right strategy, profit is possible.