CryptoMood app helps traders to make better investment decisions with crypto sentiment analysis tools that use artificial intelligence and data from 50,000+ sources to uncover early trading signals.
Cryptomoods' market sentiment app analyses the latest data from 10+ News aggregators, 4 Social Media Networks, 50,000+ News sources, 100+ trading and crypto blogs to help crypto traders with:
👉 Detecting the direction🎯 in which the crypto market will move.
👉 Identifying whether market sentiment is strong💪 or weak😩.
👉 Exposing a possible reversal ⏪ of the crypto market.
👉 Deciding to trade, hold position or exit position.
CryptoMood applies and enhances the Neural Networks used for FOREX trading to cryptocurrency trading in order to provide comprehensive real-time views of the crypto market sentiment.
ℹ️ Features of this app 🔝
✔️ Massive Data Mining ⛏ ⛏ ⛏
We process data from 50,000+ News sources, 10+ News aggregators, Twitter, Facebook and 2 other Social Networks, 100+ trading and crypto blogs
✔️ Natural Language Processing and Understanding ⚙
With the help of NLP & ML, Cryptomood's sentiment analysis tools can accurately analyse text and measure crypto market sentiment
✔️ Advanced Artificial Intelligence Algorithms 🤖 (Market Impact Analysis)
Our crypto sentiment analysis tools use high complexity artificial intelligence algorithms to analyse market sentiment and uncover crypto trading signals
✔️ Whale 🐳 Movements and Tether Emissions
To analyse crypto market sentiment, track the largest crypto wallets' movements and significant cash-crypto conversions
ℹ️ What is sentiment analysis❓❓❓
Sentiment analysis (a.k.a. Opinion Mining) is the process of using Artificial Intelligence and Natural Language Processing to determine market sentiment. Sentiment = feelings. It is a subjective impression of the attitudes, emotions and opinions, not facts 📖 (e.g. For/against, like👍/dislike👎, good/bad, etc).
The simplest sentiment analysis process uses a list of words which represent either positive or negative opinion that a human associates with them.
ℹ️ Why use Cryptocurrency Sentiment Analysis for Trading?
Using sentiment analysis to estimate the signs of bullishness🐂 or bearishness🐻 helps indicate entry and/or exit positions with regards to crypto trading. The strength💪 of the sentiment indicators📶 helps us figure out whether to enter a crypto position within your portfolio.
ℹ️ Application of Cryptocurrency Sentiment Analysis in Trading
In crypto trading so much of the change in price is dictated by emotions. Use sentiment analysis to:
👉 Monitor crowd psychology at extraordinary scale.
👉 Classify the emotional state of the market.
👉 Anticipate price movement of assets.
👉 Build investment portfolio strategy.
👉 Improve investment tactics.
👉 Create buy and trade signals.
👉 Maximise profit margins.
👉 Take advantage of arbitrage.
ℹ️ Questions Sentiment Analysis might ask:
👉 Is this coin/cryptocurrency review positive or negative?
👉 Is this crypto traders’ facebook post satisfied or dissatisfied?
👉 Based on a sample of tweets, how are people responding to news about bitcoin or other cryptocurrency?
👉 How have bloggers' attitudes about crypto coins changed since the bitcoin rally in 2017?
ℹ️ With Cryptomood’s Crypto Sentiment Analysis Tools you’ll have:
One central place to determine crypto market sentiment and get trading signals for popular cryptocurrencies like Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP), EOS, Tether (USDT), Stellar (XLM), Bitcoin Cash (BCH), Cardano (ADA) and many others.
ℹ️ We also analyse Cryptocurrency Trading Pairs such as:
BTC/USD, BTC/EUR, BTC/ETH, BTC/XRP, BTC/LTC, ETH/USDT, EUR/ETH, USDT/ETH, USDT/BTC, ETH/XRP, ETH/EOS, ETH/ADA, XRP/BTC, XRP/ETH, XRP/TRX, EOS/BTC, Bitcoin & Ether, Bitcoin & Euro, Bitcoin & Dollar, Ether & Euro, Ether & Dollar, Ether & Bitcoin.