Indicators

Tools links down at the end of the book.

So what are we looking here?

Well, we will look at a few things, floor price, listings, and volume at first. Here are some basics, you can use this to help you to do trades but you will also need to compare that information with your analysis for more accuracy. a. Volume going up + Listings going down = Floor going up. b. Volume going down + Listings going up = Floor going down. c. Volume going up + Listings going up = Most of the time it's a top signal. d. Volume going down + Listings going down = You may have found a promising project/blue chip. Why? a/b. It's quite simple here if volume goes up, that means that there are buyers, either floor buyers or rare traits buyers. If there are buyers that means they're fine to pay for the actual price of the collection, if to this you add the fact that listings are going down, that means that holders aren't interested in selling now, which will drive the price up. c. If the volume is going up as well as listings that means that buyers either drive the price high enough for holders to be interested in selling or that it offers exit liquidity for holders. If listings aren't bought fast enough it's a top signal most of the time. So here expect increased volatility. On the other hand, if there are a lot of buyers and liquidity, and they eat all new listings they could probably establish a higher floor price. But be careful, without a retrace it can create some increased volatility. d. Volume going down as well as listings? That means that holders aren't fine with the actual floor and that they believe in the future of the said project so they won't make liquidity at this price. If the volume is going down as well it means most of the time that buyers are waiting for an entry or for an update from the project itself before investing. It could also be a bullish indicator since the said collection could go parabolic at any moment. volume down, listings down, when the volume is going up, the floor will significantly rise.

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