Cryptoindex 100 analysis (CIX100)Introduction
Cryptoindex 100 is an index of top 100 coins, obtained from a proprietary algorithm called "Zorax" .
"Over 1,800 coins are put through our fixed set of filters, which provides around 500 coins as a rough output. Data is collected from cryptocurrency exchanges, news, social media, such as Twitter, GitHub, and other sources.
The collated data is used to extract over 200 factors that create a refined ranking in the index. Then, the factors are fed into the neural network, creating a final rating of coins, with the top 100 coins making up the Cryptoindex 100".
Graphic Analysis
The index is testing the resistance of 2.
In a bullish scenario, it needs to break through the diagonal white line and still move through the 200 simple and exponential moving averages.
CIX100
CIX (CRYPTO INDEX CAPITAL LONG) BTC XRP ETH and morePeople love using BTCUSD and ETHUSD to chart but I personally use CIX which is a crypto index by capital.com it makes crypto markets very very easy to see trends and breakouts with, this is my current idea and why I think we could hit new all-time highs by Q1-Q2 2022.
Please leave a like and comment and let me know what you think.
Cryptoindex.com (CIX100) is in more than 100 days consolidationLooks like Cryptoindex.com 100 (CIX100) is ready for trend reversal. I am expecting 300% return after CIX100 gives breakout from more than 100 days long consolidation. It may move side ways for couple of weeks before breakout, be patient.
Ethereum - Zorax Prediction on 30 daysBased on more than 200 factors, Zorex shows that within 30 days from today, Ether will go down.
The accuracy of the latest forecast is 95%.
CRYPTOINDEX CHANNEL:
Channel t.me
Chat t.me
Website cryptoindex.com
NASDAQ and CryptoindexAs you can see on the comparison chart of Cryptoindex and the NASDAQ. The cryptocurrency market is practically no different from the market of traditional classical instruments.
On the chart, one can see the moment when Bitcoin did not meet expectations of growth and went down. This can also be seen on the chart.
We will follow the charts of traditional classical instruments and again wait for a general correction.
Cryptoindex correction?Hello, our dear community!
The trend that follows the last days tells us that in the near future it will be a quite possible price correlation.
The CryptoIndex also tell us the same on the 30 day period run.
Now the Bitcoin rate is fixed at $9200 and stably stays at this level. It is not yet possible to overcome the threshold of $10,000 if whales do not raise the price on any exchange.
The hottest news from Libra and launching of TON will also help direct growth upwards, which may appear on the index chart.
