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RE: ADSactly Crypto Roundup

in #bitcoin7 years ago

@adsactly that is some very useful information you have put together. I really appreciate this information. I.C.O are both an opportunity as well as a risk. Do you think an analysis can be applied to project the listing price of an ICO?
Plus how much data in terms of days is required for a coin to have sufficient data for doing a chart analysis of the coin that in your opinion would be reliable.

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at least 24 hours to get any kind of reliable information from intraday indicators. BCash took 2-3 weeks to show us anything on the 4 hour time frame when it finally popped off.

So yes you can apply to ICO's once they are released but just like an IPO it is rare you will see technical traders buying, they usually wait. The other alternative is a method called tape reading, in the case of crypto, reading the order book, what are the buys and sells doing.

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