Combination of Santiment data and proprietary Trading Signal Suggests bear market to continue
I have designed a very comprehensive methodology for crypto trend prediction using Santiment data. The methodology was posted in previous post - data provided by santiment improves trading profitability.Please refer to that for details about the methodology.
Using that methodology along with data from Santiment for 34 ERC20 assets - I see excellent results with nearly 17 times return for a year. What is interesting is that last sell signal came on 8th May 2018 and it continues.
So we are in bear phase and it is expected to continue.
Startdate = 1 Nov 2017, Start Equity= 100000, End Equity = 1752349, Number of Trades=6,