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MARKETS PRO

VORTECS™ Report October 7 – 14, 2021

IN THIS WEEK’S REPORT:


Two out of three top price movers light up
high VORTECS™ Scores before rallying to
weekly highs

Top 10 high-VORTECS™ assets yield


between 7% and 56% against the dollar

For STX, VORTECS™ indicator anticipates


both a correction and a subsequent rally

Once again, average returns stats high-


light patience as traders’ key virtue

Timely NewsQuakes™ are instrumental in


reversing TOMO and NEAR’s downward
trends, helping them secure double-digit
returns

Altseason indicator hangs in the balance


as historical data does not offer consis-
tent cues favoring either altcoins or BTC

Important Disclaimer
Cointelegraph is a publisher of financial information, not an invest-
ment adviser. We do not provide personalized or individualized in-
vestment advice. As a condition of using Markets Pro you acknowl-
edge and agree that no Content published or otherwise provided
as part of any Service constitutes a personalized recommendation
or advice regarding the suitability of, or advisability of investing in,
purchasing or selling any particular investment, security, portfolio,
© 2021 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. commodity, transaction or investment strategy. Cryptocurrencies
are volatile investments and carry significant risk. Consult your
financial advisor before making financial decisions.
TOP GAINERS OF THE WEEK

SCRT STX ONE TEL

Coin vs. USD vs. BTC

SCRT +56.98% +51.05%

QKC +54.43% +48.96%

STX +52.74% +44.76%

RGT +37.83% +30.01%

API3 +35.30% +27.86%

IQ +33.66% +26.58%

ONE +31.93% +24.55%

TEL +27.73% +20.81%

PERP +24.53% +16.75%

TRAC +22.87% +16.41%

Bitcoin’s powerful momentum has somewhat cooled off this week, as the original cryptocur-
rency spent most of the week fluctuating between $54,000 and $58,000. Still, BTC managed
to book 6.6% of profit against the dollar over the last 7 days. The altcoin market only gener-
ated a cumulative 3.3% in the same period.

A group of altcoins, however, did much better than the average, with top 10 alts yielding
between 22% and 56% against USD and between 16% and 51% against BTC. Four out of ten,
including those that ranked #1 (SCRT) and #3 (STX) among the week’s top gainers, hit high
VORTECS™ Scores before their prices reached the week’s peak values.

Please note that weekly ROIs and score statistics reflect the figures as of Thursday of the week
of the report. The table above reflects token price dynamics between Oct. 7 and 14.

© 2021 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. 2/11


THE HIGH SCORE TABLE

Coin vs. USD vs. BTC

SCRT +56.98% +51.05%

STX +52.74% +44.76%

ONE +31.93% +24.55%

TEL +27.73% +20.81%

XYO +20.53% +12.78%

FTM +16.86% +9.71%

VGX +15.61% +8.05%

LINA +10.33% +3.30%

DODO +8.91% +1.83%

XLM +7.98% +0.76%

A total of ten altcoins that had achieved a VORTECS™ Score of 80 or


higher before their prices peaked outperformed Bitcoin this week.
In dollar terms, these ten assets yielded returns on investment be-
tween 7% and 56%

© 2021 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. 3/11


TOP PERFORMERS

SECRET
SCRT

The week’s top asset in terms of price change, Secret (SCRT), also
sported an impressive VORTECS™ Score record. Early in the week,
the first spike of its price – from around $3.80 to $4.90 – followed
a series of moderately high Scores, ranging from high sixties to low
seventies.

That was only the beginning. As the opening leg of the rally stalled
and SCRT’s price dipped a little, the token’s VORTECS™ Score sprang
to the high of 84, sensing a historically favorable outlook. Some 13
hours later, another upside kicked in as the token’s price hiked from
around $5 to the week’s high at $6.92.

Instances of such a “second leg” scenario become increasingly com-


mon on Markets Pro, suggesting that over time the constantly learning
VORTECS™ algorithm is getting better at recognizing phases of digital
assets’ stair-step rallies.

© 2021 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. 4/11


TOP PERFORMERS

STACKS
STX

Stacks (STX), the week’s third most profitable crypto investment,


managed to light up both an ultra-low and ultra-high VORTECS™
Scores within two consecutive days. On Oct. 9-11, STX saw a
strong rally from $1.44 all the way to $2.29, after which the token’s
price began to cool off.

At that point, the VORTECS™ algorithm recognized a combination


of factors that in the past preceded extended corrections, flashing
a red score (first circle in the chart). Indeed, STX’s had embarked
on a downward trajectory for the following 30 hours.

However, in the middle of the correction, the coin’s VORTECS™


Score went up sharply, reaching the high of 88 against a still-declin-
ing price. Apparently, market and social conditions around the coin
flipped bullish again.

Sure enough, 16 hours after the peak VORTECS™ Score of the week
had been registered, STX’s rally resumed toward the high of $2.39.

© 2021 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. 5/11


TOP PERFORMERS

HARMONY
ONE

Harmony (ONE) exhibited a pattern that looked similar to that of


SCRT earlier in this report. After a price surge early in the week,
ONE succumbed to a correction. Despite the falling price, the
asset’s VORTECS™ Score skyrocketed, reaching as high as 91
against the price of $0.21.

ONE’s price had continued to decline for another 18 hours before


the negative trend gave way to a sharp resurgence, whereby the
token shot up form 20 to 26 cents within a day.

© 2021 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. 6/11


AVERAGE VORTECS™ RETURNS
A straightforward measure of the algorithm’s performance is the average value
change that the assets reaching a certain VORTECS™ Score mark show after cross-
ing the threshold.

The table on the next page presents average returns made by coins after they
cleared a score of 80, 85, or 90.

Each asset could only yield one observation per day, i.e. if a coin went from 79 to 81,
then back to 79 and then to 80 once again in a few hours, only its first entry to 80+
would count.

Time after score 80 85 90

2 hours -0.13% -0.13% 0.32%

6 hours 2.18% 1.64% 1.01%

12 hours 3.38% 2.96% 1.09%

24 hours 4.45% 4.23% 3.05%

48 hours 7.09% 7.41% 9.09%

Occurrences 38 14 4

At times, average returns yielded by high-VORTECS™ scorers can be nega-


tive on short time frames like 2 or 6 hours. This should be viewed as more of
a feature than a bug because the VORTECS™ model is not looking at historic
patterns that immediately precede price action.

Figures starting at the 12-hour mark are usually more informative. Another
extremely consistent pattern observed in average returns data is that the
longer the wait, the higher the return. Week after week, almost unfailingly,
the figures for the 80, 85, and 90 Score thresholds suggest that patience is a
superior virtue even in the fast-moving crypto market.

© 2021 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. 7/11


MARKETS PRO NEWSQUAKES™

TOMOCHAIN
TOMO

This week, one of the biggest NewsQuakes™ was produced by an


announcement of a partnership deal between TomoChain, a block-
chain-powered voting protocol, and an NFT-based e-sports racing
game Dragon Kart.

The news, snatched by the NewsQuakes™ algorithm from Tomo-


Chain’s Medium blog, proved bullish for the TOMO token. In fact, it
helped reverse the coin’s negative trend that saw its price decline
for four straight days.

TOMO was trading at $2.05 when the news hit, and the ensuing ral-
ly saw it reach $2.37 in under two days – an increase of more than
15%. As can be seen in the chart, Markets Pro subscribers were
there early to benefit from the market-moving news thanks to the
timely NewsQuake™ alert.

© 2021 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. 8/11


MARKETS PRO NEWSQUAKES™

NEAR PROTOCOL
NEAR

NEAR Protocol was one of the biggest winners as the NewsQuakes™


had helped it overcome the bearish trend that haunted it for much
of the week. The coin grew more than 12% in two days that passed
after the news went public.

Sometimes a single piece of news can set in motion prices of sev-


eral assets at once. When on Oct. 12 cryptocurrency exchange
platform Gate.io announced the launch of liquidity mining pools for
DYDX, RACA, NFT, NEAR and FTT, all these tokens saw short-term
price increases.

© 2021 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. 9/11


ALTSEASON ANALYSIS
The Altseason metric considers the same indicators as the VORTECS™ Score, plus addition-
al data sources such as altcoin listings and crypto projects’ press coverage. What it helps
figure out is whether it is a good time to be stocking on altcoins or prioritizing BTC invest-
ments in the next 14 days.

While altcoins have been doing slightly better in the first half of the week, Bitcoin took the
lead in the second half to close the 7-day period 6.3% up, while alts only added 3.3%

Relative performance of Bitcoin vs. top 100 altcoins


Oct. 7 – 14

The Altseason indicator has been indecisive for much of the week,
alternating between a few percent into either Altcoin or Bitcoin
season. At times it could be seen hovering exactly in the middle,
not giving a slightest preference to either side.

This behavior suggests that the current combination of market conditions does not
resemble any patterns from the past that systematically preceded either Bitcoin or
altcoins’ strong relative performance.
© 2021 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. 10/11
MARKETS PRO COMMUNITY

Community member D koinz made a spot-on call on the DWEB token


on Oct. 13 when it was trading at just above $1. Less than two days
later, the asset more than tripled its price.

D koinz

Is anyone here purchasing dweb?


Dweb is a company that aims to allow anyone to create
their own domain on the Ethereum blockchain
I just grabbed some

We have two things coming up next week:

• Discord AMA with Nodle (https://nodle.io/) on Oct 19


•Q&A session with Jay Cassano & Joshua Frank on Oct 21

Important Disclaimer
Cointelegraph is a publisher of financial information, not an
investment adviser. We do not provide personalized or indi-
vidualized investment advice. As a condition of using Markets
Pro you acknowledge and agree that no Content published or
otherwise provided as part of any Service constitutes a person-
alized recommendation or advice regarding the suitability of,
or advisability of investing in, purchasing or selling any partic-
ular investment, security, portfolio, commodity, transaction or
investment strategy. Cryptocurrencies are volatile investments
and carry significant risk. Consult your financial advisor before
making financial decisions.

© 2021 COINTELEGRAPH MARKETS PRO COINFIDENTIAL. 11/11

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