Live Crypto Forecasts Docs
Our prediction engine delivers real time charts with updates roughly every 5-10 seconds.
Avoid emotional investing and embrace data driven insights with Bitbanks live crypto charts with indicators.
Our altcoin forecasts shows the main cryptocurrency market projections which are constantly live updating
Hover over the forecast table to learn more about the features/indicators shown in the table and
Click in on a cryptocurrency market pair to drill down to a graph over time for that currency, e.g. bitcoin projections
Live Prediction Charts
The graph is organized into main features like how up to date the projections are, buy and sell recommendations and market projections
Once digging into a specific market pair you will be presented with a graph over time of the currency with predictions
The graphs show the estimated weighted average of trades over the next 5 minutes 30 minutes 1 hour and 2 hours
You can click on any part of the graph to see what our forecasts where and how accurate our predictions where at that stage over time.
If your experiencing slowness in the graphs or want to reduce some noise you can disable plots at the bottom by clicking on the legend
You can zoom with the mouse wheel or ctrl+mousewheel
We recommend you toggle spike lines on to see where the predictions are compared to everything else in the graph
Features/Indicators we use
We use input features like orderbook imbalance, slopes in the trades, weighted averages in the trades over time, spread ect. Our algorithm gives the input features to a Machine Learning algorithm to train various weightings/features and comes up with a forecast.
Spread seems fairly unrelated to price movements its just related to how much money you can make if your trading by both buying and selling that same currency pair.
Orderbook imbalance is defined as the weighted average in the current orderbook - current midpoint between best ask/bid, if positive there are more buys closer to the best buy and sells are farther away from the best sell., this sometimes moves with price.
Trade wavg distance to midpoints can be useful in showing how the price movement is changing over time, for example as the price first peaks and levels off youll see the 30 minute weighted trade average head up as the price spikes and back down to 0 as the price movement levels off, often its smoothed and moves less for longer time periods like 2 or 5 minutes move more than 30 minutes, if its headed for negative values this can mean the markets are turning downward.
Trade slopes can help show the direction of the best fit line through the trades weighted by trade amount, similar to trade wage distance to midpoint it helps you search for coins that have recently gone up/down in the recent 2 min 5min or 30 minutes. Trade slopes can have extreme values if there are not many trades occurring.
The 2 minute forecasts can be null, that means there are not enough trades recently to compute those features but there is enough trades in 30-5 minutes that we can make a forecast, for very illiquid markets, if there aren't any trades we wont make a forecast.
The BitBank Predictions are forecasting the weighted trade average over a time bucket and so don't currently show the volatility just where a future trade may land on average.
Trading With Prediction Graphs
These live charts are pulling data from poloniex but the trends from a liquid market like USDT/BTC can be extrapolated to different exchanges. That is you can reuse the trends and price movement forecasts on any exchange e.g. Bitfinex, Kraken, GDAX.
You can even trade futures on a platform like Bitmex, although the future markets move quickly they respond to the underlying changes in the base asset and often oscillate around the base price that you'll have the upper hand predicting.
You can use something like mean reversion knowing a more detailed picture of the underlying asset price of bitcoin and detecting when there are sharp moves away from the correct future price in the futures market, that's where the sweet spot is for trading.
We also provide bulk market data showing our forecasts over long time periods bulk crypto forecast data
The graphs are created using plotly so you can print them or edit them in the cloud which will give you a csv like document and graphs of the features shown in the graphs.