CryptoQuant Trading Signals FAQs

Question 1

Which cryptocurrencies are supported by this skill?

Accepted Answer

The skill currently supports Bitcoin (BTC) and Ethereum (ETH), allowing users to generate signals for these assets by using commands like '/crypto-signal btc' or '/crypto-signal eth'.

Question 2

Is the confidence score reliable for financial decisions?

Accepted Answer

The confidence score is a mathematical representation of on-chain data alignment. However, it is not financial advice. It is intended as a research tool to be used alongside other forms of analysis.

Question 3

What metrics are used to determine if a signal is Bullish or Bearish?

Accepted Answer

It analyzes MVRV for relative value, SOPR for profit-taking behavior, Netflow to track exchange accumulation or distribution, and Funding Rates to gauge market leverage and sentiment.

Question 4

How does the crypto-signal skill calculate its recommendations?

Accepted Answer

The skill queries four key on-chain metrics: MVRV (30%), SOPR (25%), Exchange Netflow (25%), and Funding Rates (20%). It assigns a score to each based on historical thresholds and calculates a weighted average to produce a final signal.

CryptoQuant Trading Signals

Key Features

Use Cases

CryptoQuant Trading Signals

Key Features

Use Cases