Crypto

MATIC Attack: How Clever Crypto Traders Got “Out” Ahead of a 35% Price Drop

Disparities in access to information and data analytics technology are what give institutional players an edge over regular retail investors in the digital asset space.

The central idea of ​​Markets Pro, Cointelegraph’s crypto-intelligence platform powered by data analytics firm The Tie, is to equalize the information asymmetries present in the cryptocurrency market.

Professional Markets bridges the gap between these asymmetries with its world-class feature: the quantum-style VORTECS™ score.

The VORTECS™ score is an algorithmic comparison of several key market metrics for each coin using years of historical data that assesses whether an asset’s outlook is bullish, bearish or neutral at any given time based on the history of the evolution of prices.

The VORTECS™ score is designed to let traders know that something has just happened that – in the past – has reliably moved asset prices.

That’s why a good Markets Pro chart is one that shows events happening in the right order and at the right time: first comes the indicator, then the price action follows.

Over the past couple of days, we’ve seen a number of exemplary scenarios illustrating classic Markets Pro insights into the market.

MATIC: VORTECS™ Offers Exclusive Price Drop Foreshadowing

November started off promising for those investing in Polygon (MATIC) – but any expectation of lasting gains would be dashed. The token, despite rising comfortably to $1.25 on Nov. 8, 2022, would suffer a steep decline of 35.4% to $0.807 just two days later.

Following this, there was a surprising resurgence, with MATIC rising to $1.13 on November 11. But here’s the kicker: while most traders only saw what was on the surface – the potential resurgence of MATIC in a bear market – Markets Pro Members had access to a broader view.

Even though the price trend looked promising, market conditions remained historically unfavorable for MATIC, suggesting an excellent selling opportunity – which materialized with a further 22.1% decline to $0.883.

Since August, MATIC’s VORTECS™ score has remained below 74, foreshadowing a price drop that by all traditional metrics went against MATIC’s early November bull run to $1.25.

Throughout the first half of November, its VORTECS™ score hovered between 54 and 60. This provided fantastic opportunities to take advantage of not one, but two price drops for all investors with access to Professional Markets — regardless of their level of experience.

GST: VORTECS™ predicts a 12% drop

Similarly, the Green Satoshi Token (GST) saw a pump from $0.023 to $0.042 – an increase of 82.6% – between November 3 and 6.

While the average investor may have been incentivized to buy in case the price continued to rise, Markets Pro members may have inferred that this price action was a red herring.

Indeed, at the height of GST’s bull run, its VORTECS™ score dropped from 48 to 24.

Members knowing Professional MarketsThe VORTECS™ scoring system will know that 40, let alone 24, meant the equivalent of red flags and warning bells – and would have had the opportunity to prevent a major loss of their position in the room.

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As of this writing, GST’s VORTECS™ score is 50 and its token price is back around $0.022.

Cointelegraph Markets Pro is reserved exclusively for members at $99 per month with a 100% satisfaction guarantee. We offer you access to the world’s only crypto-intelligence platform that can provide you with the exact same trading alerts as institutions and hedge funds in real time…before that information becomes public.

Cointelegraph is a publisher of financial information, not an investment adviser. We do not provide personalized or individualized investment advice. Cryptocurrencies are volatile investments and carry significant risks, including the risk of permanent and total loss. Past performance does not represent future results. Figures and graphs are correct at the time of writing or as otherwise specified. Live tested strategies are not recommendations. Consult your financial advisor before making any financial decisions.

All ROIs quoted are accurate as of 8:00 UTC December 1, 2022