Datalight
What is DataLight? DataLight is a unique tool allowing crypto traders to analyse crypto assets and make precise data-driven trading decisions. How does DataLight work? DataLight gathers tons of data on crypto projects, processes it and presents it in a convenient and customizable form. Market data, social media activity, blockchain data and many other metrics are visualized on a dashboard that users can adapt to their needs. It means that traders will no longer have to spend their time scrolling through hundreds of pages in search for the data they need. All the necessary information is now available in DataLight Lab. What’s the Buy Market? Buy Market indicator shows the share of people who bought a crypto asset for its market price. As each deal has an active participant, who bought or sold an asset for its current price, Buy Market purchases may indicate that traders currently buy the dip or it could be a sign that people are buying out a cryptocurrency in hope that its price will go up. However, if the price of an asset doesn’t grow, while the Buy Market indicator is high, one could assume that the asset is being sold in big pre-set orders on pre-set levels. Combined with the exchange volume and price fluctuation Buy Market index can help you understand current market trends. What is the Hype Index? Price fluctuations often follow the news – big ones as well as the most insignificant technical updates. A news article will have no effect until it reaches traders or investors and given how fast news spread in the social media, nowadays nobody is really surprised to see Trump’s or McAfee’s tweets sending markets into downtrends. Dataligh is not responsible for any loss of money and possible risks connected with options trading. General Risk Warning: Trading carries a high level of risk and can result in the loss of all your funds.
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