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============================================================================ OST (OSTBTC) Trading on Binance - 2018-11-06 ============================================================================
Every -- EVERY! -- pump has a pre-pump. It doesn't matter if it comes from a pump and dump group, a partnership announcement, an exchange listing or just insider trading. There are always people in the know who will trade the news ahead of you. The good news is: data allows us to catch it.
Such is the case today with OSTBTC. The "news" is that they are listed on Bittrex. And there was a nice 25% pump over the 1 hour candle that made for some very easy pickings if you were paying attention.
Check out the chart above - my AllCryptoSignals Volume Pressure Gauge indicator caught this pump long before it happened. How? By seeing the pre-pump activity.
============================================================================ List of Entry Signals + Trades Captured with the AllCryptoSignals Volume Pressure Gauge ============================================================================
Here's the OSTBTC trade. This exact trade can be made with the following two tools:
Chart period: 60 minute, VP Gauge setting: 5, Alert Crossing Up over -10
2) An automated trading bot that buys on my signal and sells using a trailing stop once hitting a specific price gain (Gunbot + Trailing Stop - Stop Limit (TSSL) or any other bot that supports a trailing stop is perfect!)
Trade #1 - 25% (8 hours)
When I see my VPG indicator climbing fast from -50 on the 60 minute chart, I know something is up. As you can see, even if the pump didn't happen this trade would still exit with a gain. So, very limited risk here and well worth the time.
What are your thoughts? Did you get in on OSTBTC's pump?
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