Tectonic Shift
Tectonic Shift bot is a great pick if you are looking for a high risk, high return Bitcoin strategy in a semi-volatile market.
Introduction
Tectonic shifts are a continuous process that literally shape our planet by moving the earth’s crust’s plates. In the process moving continents, creating volcanoes and mountains. The Tectonic Shift bot, like the process, is always running in the background.
Identity
Tectonic shift has been designed with a focus on generating high returns. It is more aggressive than other trading strategies and will jump into trading opportunities faster. This causes the number of trades to be higher, strengthening the compounding profit effect we aim to achieve. Trading the biggest cryptomarket, Bitcoin (BTC), this strategy benefits from relatively stable markets which creates less risk when trading more aggressively.
Strategy
When markets get close to their (temporary) bottoms after a strong decline, they frequently display a very specific pattern, the Enigma indicator. Tectonic Shift is looking for a fast and strong recovery. After the bot identifies this behaviour in the market, it confirms if the conditions are right for buying by using our proprietary price based indicator, the Myopic. Tectonic Shift is set up to be less restrictive in both the Enigma and Myopic indicators, resulting in higher returns and a higher risk profile. After these pricedips, prices will generally increase for a period. Because the length of this period is impossible to determine, Tectonic Shift closes the position when the increase of price slows down to protect the profit.
Tip from Seismic!
Do you like this strategy profile, but want a bot that trades Ethereum (ETH) instead? Have a look at Klyuchevskaya Sopka! Klyuchevskaya Sopka uses the same strategy but trades Ethereum (ETH).