Great job, but won't this kinda defeat it's own purpose by having too many people fight for the same low volume coins? There are already hundreds of people in the channel, no way most coins can support that kind of volume.
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i doubt most will have the patience to actually sit at the computer all day like I do and check each alert as it comes out.. Mainly because the real money is in the position trades.. these little daytrades are just extra bonus.. I like it but there are not enough traders on this blog to make much of a difference.. and most who try to daytrade will lose money and give up quick.. its not as easy to react fast as you might think.. thats why i suggest sticking with the easy position trading that I outline in my other videos.. But I share everything, so I had to explain daytrading also
In the swing of things, the number of people using it will be a drop in the bucket for the amount of people trading crypto. Most trade with little to no insight and purely on emotion and PR.
I tend to agree with you. I received an alert for MTL-ETH from the scanner. After about 20 mins I checked out the orders and there is now a swarm of low buy orders. If another spike down occurs, then the market will adjust to this low level. I'd caution using this tool on low volume pairs.