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Altcoin Open Interest Scalping

Altcoin Open Interest Scalping

Altcoin Open Interest Scalping

by The MoleMay 20, 2024

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.



Enjoy – and if you liked the video please give it a thumbs up and maybe subscribe to the channel.

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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