Cryptocurrency Volume/Cap for CMC in Chrome with OffiDocs
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DESCRIPTION
Get in early before a bull run? == WHAT DOES IT DO? == Finds trending coins before they spike and "moon" with the help of Volume/Cap, a simple but powerful indicator almost always ignored in crypto trading.
In short, it shows in percent "how hot" a coin is right now.
HOT COIN = EXPECT PRICE BREAKOUTS AND SIGNIFICANT MOVEMENTS! == HOW DOES IT WORK? == This extension shows you the trading volume RELATIVE to it's market cap which in turn signals a major event even before price changes have been significant.
This data, Vol/Cap, is calculated in real time and injected into the Coinmarketcap coin listing.
Fully automatic and very useful.
(See screenshot.
) == WHY DOES IT WORK? == Higher volume is crucial for a sustainable bull run (or bear run).
Often, when prices break out there will be a surge of volume BEFORE the price change.
A high volume is also important for a sustainable bull run (or bear run).
Volume by itself says nothing.
Volume must be looked in relation to the market cap of the coin.
Hence: Volume/market cap or "Vol/Cap".
== HOW TO USE IT == Look for the coins with the highest Vol/Cap, those are the "hottest coins" right now.
(Ignore stable coins as they always aim to have the same fiat value.
) When you have selected the coins that interests you it's recommended to look for breakout patters and validate the movements with recent or upcoming events.
== WILL THIS MAKE YOU RICH? == This is a tool to identify possible trends early on.
Markets are driven by humans so anything could happen.
== Disclaimer == I am not a financial adviser and none of the above is financial or trading advises.
Your money - Your risk!
Additional Information:
- Offered by kenbkk
- Average rating : 0 stars (hated it)
- Developer This email address is being protected from spambots. You need JavaScript enabled to view it.
Cryptocurrency Volume/Cap for CMC web extension integrated with the OffiDocs Chromium online
