Bitcoin, the famous cryptocurrency or the currency of Internet has taken the world by storm and is soon turning into a real currency! Trading in bitcoin has its own advantages and disadvantages. But there lies a risk of “holding”. There are no question marks as far as the safety issue is concerned but one needs to foresee the future scenarios and deploy accurate strategies while trading in bitcoin!
About trading tools in the market
Biggest stigma that haunt people trading in bitcoin is its volatility. There are various tools and software products available in the market now-a-days to trade bitcoins in the market after analyzing it thoroughly.
What is Cryptoforecast?
Cryptoforecast is one of the most popular tools that will help both amateurs and professional traders in coding their strategies with proper logic and understanding. It is basically an application which is based on an algorithm known as “The Pillar”. The algorithm can help you with extremely accurate indications about Bitcoin’s future movements.
How is CryptoForecast different?
1 Cryptoforecast is different from other tools in the market because it takes into consideration the various factors deciding the market movements. These factors are moving averages, oscillators, resistance and supports.
2 The Pillar algorithm is evolving on a daily basis by adapting to the investor’s characteristics, new movements, new markets, time frames and new strategies. It has also become the foundation of the prediction based decisions by anticipating and forecasting the market accurately.
3 The application has a very easy to use interface and you just need to choose the selected frame i.e. H1, H4, 1D, 1W and the time period you want for the algorithm to give you a detailed vision. The good thing is that it also takes into account the past movements in its prediction.
• There is also a concept of initial coin offering or ICO. Any interested investor can be there in ICO for 34 days. The best part of the ICO project is that the allocated bonus will be released within the ICO term period. Bonus division for the investors will take place based on the date of joining the ICO funds project.
- Bonus will be there if the investor contributes on the first day itself and will have a multiplier of 1,5.
- From second day, the multiplier will reduce to 1,2.
- From that point, the multiplier is going to decrease by 0.0074 each day.
- From 30th to 34th day, there won't be any multiplier.
Interested investors can get more details on the official website. So anybody looking for a reliable tool to build their trading strategies can have a look at this wonderful application! And what better than a tool which can accurately predict Bitcoin movements!
Image credits:
www.cryptoforecast
www.cryptoforecast
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