Altcoin Open Interest Scalping
Altcoin Open Interest Scalping
If you are finding it difficult to identify possible price breakouts in altcoins then this video is a must-watch. I’ll show you a technical approach that combines two alpha factors: hourly open interest outliers + daily trading range based on 30-day standard deviation.
It’s pretty slick and I didn’t have to look far to find a runner today (PYTH) via this approach.
After filming the video I checked coingecko and learned that PYTH surged by 25% today after Binance announced the listing of Pyth Network’s PYTH token with the Seed Tag applied.
I wasn’t aware of that and it’s the open interest scanner that popped it onto my radar.
Fascinating!!
Link: https://youtu.be/21-mh8rF4CI
Enjoy – and if you liked the video please give it a thumbs up and maybe subscribe to the channel.