Neux Oracle Gives SELL signal for STEEM@ $3.87 for February 2nd, 2018
We are now giving a SELL signal for STEEM @ $3.87 for February 2nd, 2018
Like the instructions say below, sometimes you buy and sell for a small loss. Still way ahead of the HODL balance!
What is Neux Oracle?
Neux Oracle is a system for objective technical analysis that can significantly improve your odds of success. Subjective technical analysis has long been known to have issues due to the fact that people can interpret their analysis in many different manners, leading to a lack of repeatable and testable data for an analyst. Some analysts may draw Elliot Waves or support lines in different places, meaning that there is no real consistency to the methodology. This often requires the analyst to come up with a primary and secondary scenarios because they really aren't sure where the stock or cryptocurrency is heading. Objective TA is much more reliable because it can be tested over and over again with consistency. This isn't to say that subjective TA isn't useful, it has different use cases
What Objective Technical Analysis Does Neux Oracle use?
The Neux Oracle uses a priority toolset developed over the past few years that was originally developed for very volatile stocks and securities. Unfortunately we cannot share this algorithm publicly but we are happy to share our data as well as our Buy and Sell signals free to the public.
How Do I Use the Neux Oracle Signals?
- The system uses Buy and Sell signals which I will place here on Steemit and on my Twitter handle https://twitter.com/neuxoracle which I've recently created (Bitcoin signals are there as well).
- When selling Steem during a Sell signal, it is assumed that this is turned into USD or equivalent.
- When buying Steem during a Buy signal, it is assumed that this bought with USD or equivalent.
- You many notice many losing trades in a row when using this system as you can see from the data below. However, where this system really shines is during big spikes and drops. While individual trades may have you lose a few percentage points, you will find that when using this system it acts as insurance in a way for anticipating large drops in the market.
- You will also not be able to time it perfectly due to time zones, but this is okay as long as you are avoiding the large drops by using this, you will still end up ahead.
Steem Data 2017
Steem Data 2018
Bitcoin Data 2017
Bitcoin 2018 Data
Now What?
Stay tuned! Follow us here and on Twitter for next updates. We want to prove to you in REAL TIME that this data is real and can increase your chances of success. We will post Bitcoin and Steem updates here and on Twitter https://twitter.com/neuxoracle so stay tuned for the next signals. I'm sure we will receive a lot of skepticism which is healthy, so we will prove our worth with time.
Be sure to follow here for Buy & Sell signals: https://steemit.com/@weilii/
Disclaimer: We are not financial advisors and trade signals are for the purposes of education and entertainment. Ask your financial advisor before making any and all investments.
Those are great results actually. You cant argue with those results. But what are you selling your steem into when you sell it? Are you selling into BTC or selling into Fiat currency?
Yes when I play STEEM I have to sell to ETH then to USD. But I track a lot of cryptos personally so I'm not playing all of them but I do track them. I'm going to show results of 5 cryptos soon. But often I'll just play Ripple because I can go straight to USD in my exchange.
So how do i get updated by the signals each day? Like how will i know when they give the signal to sell or buy
You'll have to follow my blog. The signals won't be everyday likely usually every few days. In the future once this grows I'll set up an email alerts system but not quite at that point yet.
I’m following you now. Please make update posts every time there is a signal
Yup, always do
Coins mentioned in post:
But it's $4.70 now? Why sell and lose 25% ...or more?
It's not possible to trade every 3 hours 24/7 to follow these short term swings. My algorithm shows the upward trend isn't strong enough yet to justify a buy, it could drop back down again. Our will either be 3.50 or around $5. Either way we are more than 2x HODL balance :)