There is a large variety of uses for the widely used Relative Strength Index (RSI) indicator. We have now added another dimension of customisation with the ability to set conditions based on the RSI value crossing above or below a certain level. This can be used within your rules to time reversals in the RSI or to buy strength or sell weakness when RSI manages to break above or below certain levels. As shown on…
Whether you’re day trading crypto or have a more long-term approach, take your strategy to the next level with Coinrule’s Bundles! Coinrule’s latest product update allows users to program their rules to only operate on specific bundles of coins whilst excluding all other coins in the market. Users can choose to create their own bundle or use any of our curated Coinrule bundles. So what Bundles are available? We have five available bundles ready to…
July was a reassuring month for crypto, and financial markets in general, stimulated by the Federal Reserve deciding a 0.75% rate hike was sufficient to slow inflation. They also stated the 2.25-2.50% federal fund rate is now neutral – no longer contributing to growth or contraction within the economy. This caused markets to rally on the expectation there may not be many further rate hikes and the possibility the worst may be behind us. Last…
Notify is now live! Whether you’re a crypto day trader or employ more of a passive approach, you can take your trading to another level with our new Notify feature. The most recent Coinrule update allows you to set up an action to contact you via email or Telegram once specific pre-designated conditions are met, providing you with even more customisation options for your rules. So what can this feature be used for? With Notify,…
Sick of all the faff that comes with connecting an exchange? Binance one-click authentication has arrived! Connecting an exchange to Coinrule has never been so easy. With Binance one-click, spend less time connecting exchanges and more time trading. No more whitelisting APIs and manually setting permissions. To connect Coinrule to your Binance account, simply navigate to the exchanges page on Coinrule, click ‘Connect’, follow the prompts, and you’re ready to go! Here at Coinrule, we’re…
Ethereum’s rise from the ashes over the past two weeks has demonstrated why you should not underestimate bear market rallies. Prior to its explosive surge, covering over 50% in a week, the second largest crypto asset was tracking bitcoin’s moves closely. Now it appears to be the one leading the rest of the market and showcases the market’s shift to a more risk-on stance. Last week saw the second week of inflows to Ethereum crypto…
Coinrule has now launched the ability for users to utilise MA and RSI increase and decrease within their rules, giving you even more customisability! What are RSI and MA? The RSI, or relative strength index, is a technical indicator frequently used in trading. It works by measuring the speed and change of price movements to determine whether a coin is oversold (indicating a good entry point) or overbought (indicating a point of exit/entry for a…
Coinrule is excited to announce our new strategic partnership with KuCoin, a world-leading crypto trading platform! KuCoin’s integration will provide an additional exchange for Coinrule users to automate their trades and a unique new option for automated trading for KuCoin users! Top Markets With over 700 coins, KuCoin is renowned for being the top centralized exchange to purchase and trade lower market capitalization altcoins with large potential. These small cap coins often have higher volatility…
Ray Dalio, legendary investor and founder of the world’s largest hedge fund Bridgewater Associates, coined the term “cash is trash”. However, arguably over the past 8 months cash has weathered the economic storm the best, with the dollar being the strongest among the major currencies. This week we saw examples of multiple fiat currencies taking severe hits against the dollar. The Dollar Currency Index (DXY), which measures the strength of the dollar relative to six…
Arguably the number one saying to always avoid uttering in investing is “This time is different”. Usually, it is related to overly optimistic bullish expectations of future market highs due to global adoption finally taking place. Ironically, as this cycle continues it is proving to be different… In all prior market cycles, bitcoin never rested or went below the previous all-time high during following bear markets. Last weekend, however, we saw bitcoin cascade through the…