Analyst Presents The Top 5 Metrics For Crypto Market Prediction
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- According to a Santiment analyst, digital asset trading is a game of probability rather than science.
- The analyst noted that a piece of fundamental news could demystify already set-up technical metrics.
- Santiment’s analyst presented Age Consumed, Binance Funding Rate, Weighted Sentiment, MVRV Ratio, and Trending Tokens as the top five metrics.
According to a presenter on Santiment Network’s YouTube channel, digital asset trading is a game of probability rather than science. He noted that a piece of fundamental news could demystify already set-up metrics when using technical analysis. However, the presenter explained some metrics traders can use to analyze the markets, assuming fundamental factors remain constant.
The first metric that the Santiment channel’s host explained in a recently uploaded video is Age Consumed. According to him, it is an indicator that looks at the amount of coins moved at any given time. He explained that Age Consumed is calculated by multiplying the amount of coins moved by how long they were sitting in wallets.
As a trading indicator, the presenter showed how to use spikes in Age Consumed to identify a local top in a rallyi…
The post Analyst Presents The Top 5 Metrics For Crypto Market Prediction appeared first on Coin Edition.
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