Hello crypto traders,
A big moving day for our bot, large trades on the daily timeframe came in. Mostly with large wins but also with some losses. Overall, the result is amazing with a 43.03% profit on 7 trades at PulseCheck Risk Level 50. It has to be mentioned that all closed trades were short trades, so not the best day for the crypto market overall.
Overall Bot Performance:
- Profit: 43.03%
- Trades: 7
- PulseCheck Risk Level: 50
- Result without PulseCheck: -49.06%
Top Trades
1. STX
STX showcased a remarkable performance, leveraging the RSI indicator to make significant gains. The trade, initiated almost a month ago, was timed perfectly, capitalizing on the market dynamics.
- Direction: Short
- Timeframe: 1D
- Duration: 586:58:00
- Profit Percentage: 15.76%
2. ICX
ICX followed closely behind STX in terms of profitability. Once again, the RSI indicator proved invaluable in determining the ideal shorting opportunity, allowing us to harness the downtrend efficiently.
- Direction: Short
- Timeframe: 1D
- Duration: 587:12:00
- Profit Percentage: 15.68%
3. EOS
EOS, a prominent name in the crypto space, didn’t disappoint. Our bot’s ability to detect and capitalize on the prolonged downtrend using the RSI indicator was key in achieving this commendable profit percentage.
- Direction: Short
- Timeframe: 1D
- Duration: 587:19:00
- Profit Percentage: 15.07%
Outlook
As the week progresses, the market’s direction will become clearer. Our bot’s performance today is a testament to its capability to adapt to changing market conditions and make profitable decisions. While the crypto market faced a challenging day, our strategies and indicators ensured that we emerged on the winning side. We remain optimistic and vigilant for the coming days.
Trade Confidently with CryptoKnowledge
In the ever-evolving world of cryptocurrency, having a reliable partner like CryptoKnowledge ensures that you’re always one step ahead. Our bot’s performance, even on challenging days, underscores our commitment to maximizing profit while minimizing risk. Join us on this exciting journey, and let’s navigate the crypto realm together.