It’s a thrilling day for us at CryptoKnowledge.info, and we are excited to share the news with you! Our commitment to making crypto trading data accessible, understandable, and actionable has taken another significant leap forward. Today, we’ve launched two major features that will transform how you analyze and interact with crypto markets.
Automated Chart Pattern Detection
First off, our Crypto Screener tool, known for its innovative automation and precision, has now been supercharged with additional chart pattern recognition. We’ve added four crucial patterns: the Hanging Man, Shooting Star, Bullish Engulfing, and Bearish Engulfing. For those of you who might not be familiar with these patterns, here’s a quick rundown:
This bearish pattern indicates a potential trend reversal. It’s marked by a small upper body, a long lower shadow, and minimal upper shadow, typically appearing at the end of an uptrend.
Another bearish pattern, the Shooting Star is characterized by a small lower body, minimal lower shadow, and long upper shadow. It’s a warning sign of a potential price drop.
A Bullish Engulfing pattern appears when a small bearish candle is followed by a large bullish candle that completely engulfs the previous one. It’s a sign that buyers have taken control and that an upward trend might be on the horizon.
The opposite of the Bullish Engulfing pattern, a Bearish Engulfing pattern occurs when a large bearish candle engulfs a smaller bullish one. It’s a hint that sellers are taking over, indicating potential downtrends.
Detect Chart Pattern Across Over 100 Cryptocurrencies
You can spot these chart patterns across over 100 cryptocurrencies quickly and efficiently. Our tool does all the heavy lifting, removing the need for manual charting and interpretation. This is a breakthrough in how crypto traders and investors access and understand market trends. It’s no longer about sifting through endless data — it’s about gaining actionable insights within moments.
But that’s not all! Our second major update is another game-changing feature within the Crypto Screener: Direct Charting Links.
For each detected chart pattern, you can now open a chart that showcases the exact detected candle. This unique feature saves you time and effort, visually representing the market behavior. You can now see exactly what’s happening, enhancing your understanding and decision-making process.
More to Come!
These updates are part of our ongoing mission to make CryptoKnowledge.info a leading crypto trading data platform. And trust us, we’re only getting started! With each passing day, we are refining our existing tools, launching new features, and building a more robust platform for crypto traders worldwide. It’s not just about providing data; it’s about empowering you, the trader, with the knowledge and tools you need to navigate the crypto universe.
As always, our roadmap is filled with ambitious and exciting plans. Our next steps include expanding our chart pattern recognition capabilities, integrating more indicators and strategies, and enhancing user experience with intuitive features. We’re also planning to roll out more educational resources to help traders of all levels increase their understanding of the crypto markets.
Stay tuned as we continue on this thrilling journey to reshape the crypto trading landscape. Remember, the future of crypto trading starts here at CryptoKnowledge.info!
Disclaimer: The current features are in their beta stages and are constantly being optimized for better performance and accuracy. We appreciate your patience and feedback as we continue to refine these features.