Bitcoin Forum
June 21, 2024, 10:30:30 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How to identify coins with high amplitude candles in Binance?  (Read 85 times)
btcb3g1nn3r (OP)
Member
**
Offline Offline

Activity: 177
Merit: 32


View Profile
April 16, 2021, 06:35:08 PM
 #1

Hi,
Not all coins are traded with same candle amplitude, some are similar some are more profitable for trading.
Without browsing each coin pair, do you have a method how to detect such coins that are traded as high amplitude candles?

thanks
BitMaxz
Legendary
*
Offline Offline

Activity: 3290
Merit: 3021


BTC price road to $80k


View Profile WWW
April 16, 2021, 07:48:06 PM
 #2

I don't know exactly what tool do you want but look at this one

- https://cryptowat.ch/markets?exchanges=binance&types=spot%2Bfutures

Click the "change %" it will sort from lowest to a high price change in 24hrs with other statistics like chart and meter of each pair. So I think this is what you looking for or might be useful as an alternative tool.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
TheBeardedBaby
Legendary
*
Offline Offline

Activity: 2212
Merit: 3148


₿uy / $ell ..oeleo ;(


View Profile
April 16, 2021, 08:33:55 PM
 #3

You need to analyze the coin, market cap, daily volume, liquidity.
Those coins with big moves are more often those with low liquidity. Those are too risky to trade and there's a high chance to loose a lot of money if you don't use stop losses.
Coins with higher liquidity make huge moves driven by the news around them. Speculatos like Elon Musk can affect the price even on the bitcoin market. We all remember the 8k Elon Candle, no need to say that just with one tweet he managed to move the Doge coin with a few cents.
Other than that you can keep an eye on the crypto calendar, whether there are hard forks, airdrop, important partnerships, network upgrades, etc all those big indicators move the price up, sometimes down as well.
How to make money easily, buy when everyone is selling and sell when everyone is buying.

JeromeTash
Legendary
*
Offline Offline

Activity: 2184
Merit: 1215


Heisenberg


View Profile
April 16, 2021, 08:50:10 PM
 #4

There are so many factors at play here such as the price of the coin and the volume.

You may end up seeing that shitcoins with volume or liquidity in the order book are easy to pump even with low volume order leading to high candle amplitude while coins with high liquidity in the order books are not easy to move

Coins with low prices (in cents) are also easy to swing

Top 24-hour performers and losers can give you clues on such types of coins. Check out coinmarketcap and binance rankings.

█████████████████████████
██
█████▀▀███████▀▀███████
█████▀░░▄███████▄░░▀█████
██▀░░██████▀░▀████░░▀██
██▀░░▀▀▀████████████░░▀██
██░░█▄████▀▀███▀█████░░██
██░░███▄▄███████▀▀███░░██
██░░█████████████████░░██
██▄░░████▄▄██████▄▄█░░▄██
██▄░░██████▄░░████░░▄██
█████▄░░▀███▌░░▐▀░░▄█████
███████▄▄███████▄▄███████
█████████████████████████
.
.ROOBET 2.0..██████.IIIIIFASTER & SLEEKER.██████.
|

█▄█
▀█▀
████▄▄██████▄▄████
█▄███▀█░░█████░░█▀███▄█
▀█▄▄░▐█████████▌▄▄█▀
██▄▄█████████▄▄████▌
██████▄▄████████
█▀▀████████████████
██████
█████████████
██
█▀▀██████████████
▀▀▀███████████▀▀▀▀
|.
    PLAY NOW    
Bitfort
Sr. Member
****
Offline Offline

Activity: 952
Merit: 339

invest trade and gamble wisely


View Profile
April 17, 2021, 09:58:13 AM
 #5

Good point to start with could be the "Top Gainers\Losers list" (which is usually available at each exchange)
Keep watching for couple days (weeks) and note those coins appearing more often.
At least it can narrow down the selection and point you to coins for further research.
 

MY HINTs
◄M► MINING
◄G► GAMBLING
◄E► EXCHANGE

◄E► (KCS) Kucoin-Staking, Auto-Lending, Trading-Bot
◄E► (BNB) Binance-Staking, Savings, 10% RefBack
◄E► (TRX) Poloniex-Staking, Lending, Fee Discount
◄E► (LEO) Bitfinex-Staking, Auto-Lending

◄G► Betfury-Faucet, Dividend Earnings (BFG holders, mine BFG by playing)
◄G► Bitvest -  Faucet, Bankroll Invest
◄G► CryptoGames-Faucet, Lotto
◄G► PrimeDice-Faucet

◄M► Prohashing (Multipool)-Payout in any coin, get 0.50% bonus for 30 days
◄M► MiningRigRentals (Marketplace)-buy hashrate or rent your miners
◄M► Viabtc  (Pool)-payout to Coinex (exchnage) without fees


TheUltraElite
Legendary
*
Offline Offline

Activity: 2912
Merit: 1267


So anyway, I applied as a merit source :)


View Profile WWW
April 18, 2021, 05:08:42 AM
 #6

Not all coins are traded with same candle amplitude, some are similar some are more profitable for trading.
No, you are getting this wrong. A large amplitude does mean a large percentage change but that does not mean that the coin is worth putting money in. First thing you need is research on that asset, just by seeing a shitcoin pump to 400% in a few hours does not mean you should money in it, rather you should stay away from it.

See, these rises in price in an asset often are due to pump and dump. Identifying them is difficult, however you can evaluate some risk factors for them. If the coin is a shitcoin/abandonware/ghosted team etc, you can be sure some bagholder is pumping the price just to sell it.

Quote
Without browsing each coin pair, do you have a method how to detect such coins that are traded as high amplitude candles?
Percentage change per day and keeping tabs on the common names in that seems the best apporach to this, however know what I have already said and be cautious before putting your money in them.

Remember, the dream of flipping penny coins quickly to get rich is a common one, reciprocally uncommon are those who actually profit from it.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!