If you look at the charts for SPS it really hasn't varied much over the last 6 months and certainly doesn't have the volatility of Etherium. So what I've been doing is going to a swap and exchange SPS for Etherium when Etherium was oversold and "low" then when Etherium comes up and is overbought and "high", I would swap the Eth for SPS.
for example at about the 20:40 to 20:50 mark you swap for SPS
and around 2100 mark or just before when you see the etherium go from red on the volume to white on the volume you would swap back to eth. So the idea is that everytime eth is at a high mark you swap for sps and when it is at a low mark you swap to Eth.
The only reason it's working is because SPS is pretty "stable" and Etherium has been all over the place (volatility). When you look at the MACD I've been making the trades where MACD has been crossing over on the Etherium chart. The SPS is basically flat trading at about .0001 difference the whole time. In one day I've been making about 5% on my SPS trades. I only did this a few times so I haven't had time to dedicate to it and therefore have missed some very nice entry and exit points. It did cost me about .005 in BNB so far. Not sure what my total gain is. I was just interested in trying out some trades to increase my SPS position by simply trading once I got my initial investment in.
What do you think?
This isn't financial advice and I'm no financial advisor. Just making some observations and trying to make trades based on it. Let me know what you think.
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