Token Selection System

Positions

2024-06-13

New update here.

Exiting: #OM, #API3

Entering: #INJ

2024-06-132024-06-13

2024-06-11

The 66.6k support level seems to be holding strong for now, but #Bitcoin has work to do in order to flip market participant's sentiment back to bullish.

Exiting: #ONDO

2024-06-112024-06-11

2024-06-09

Bitcoin seems to be cooling off and alts bleeding.

Local top? Possibly, but with the #liquidity on the rise we are still fundamentally bullish HTF.

New update, exiting: #MYRO, #TRUMP, #MOG, #ENS, #TOKEN, #STG, #SPELL, #VANRY

No new entries.

2024-06-092024-06-09

2024-06-08

Decent #Bitcoin leverage shakeout yesterday with ~$1.1B OI wiped out, but systems are still long.

This is why you majority of market participants should only hold spot.

Exiting: #GEL, #LADYS

Entering: #OM

2024-06-082024-06-08

System Features


System's Goal:
This model's primary objective is to identify the strongest trending altcoins.

It follows a predefined criteria, ensuring no entries are made unless the overall market trend is positive.

Extensive Database: 
The model has a database of roughly 200 tokens.

Accessibility and Liquidity:
Not every token is accessible to all market participants, and larger portfolios face liquidity constraints with smaller tokens.

This system addresses these issues by focusing on tokens that are sufficiently liquid and the number of entries compensates for the potential accessibility issue.

Dynamic Updates: 
New coins are added to the mix only when the model identifies a new outperformer.

Entries and Exits: 
The model uses UTC close to confirm its signal, so daily close prices should be used as entry and exit points.

Positions:
Positions shared should be viewed as a research service, allowing you to make more informed decisions based on your risk tolerance.

Using this system as a confluence to your own is also a viable approach.