Wanted to show you what I was working on this weekend. So far we've finished these two tasks:
Store cross-token trend data (including broken and active trends)
Figure out how much support/resistance trends grow/lose each month
Now this weekend we can do the following:
Figure out distance to each of these trends in real-time across all coins
This was a fairly hard task but Datamine Network structure helped a lot in this case.
Now that we know how close each trend is from the current price we'll be able to proceed further with the JUCIY algorithm. The point of this algorithm is to find WHEN price action is expected across the entire crypto market in real-time.
The basis for the algorithm is that when long trends are about to be broken price action is likely to occur (as trend will either be broken or not).
There are only a few more pieces left to the JUICY formula and a whole new way to see crypto trends! Be sure to follow updates to see what's next! 🔥
Hey guys wanted to show you a small progress update on the cross- coin trends.
First of all we'll use the same "instant UX" that you're used to across the entire network. This includes infinite scrolling so you can scroll through the trends with ease.
The screenshot here is to show that we're fetching the data, tomorrow I will start on cleaning up this data and adding things like filtering & sorting. There is still lots to come so be sure to stay tuned to see how this evolves 🔥
Hey guys I just finished storing trends to database for Datamine Network. Now we have access to all historic trends across all the coins on our platform!
Tomorrow we venture forth into cross-coin analytics! I will do a few more tests tomorrow and deploy it to production. You guys won't notice any immediate changes (besides new coins).
Expect some new trends UI/UX updates to be announced this week as we're going into uncharted territory. I've attached a small example of how many trends we will now analyze for only a handful of supported coins. 🔥
Finally finished trend storing/breaking to match the logic that we currently have! Now there are only two parts left for the update:
Storing the "magic juice" which drives the trends algorithm. I aim to get this done by end of Saturday.
Loading the trends and "magic juice" on cold start which will be done on Sunday.
Aiming to get this out this weekend so we can FINALLY focus on trend analytics next week. For the first phase of trend analytics we'll focus on adding broken trends as well as classifying unbroken trends.
Super excited to finally get through this development hump as we venture forth into cross-coin trend analytics and forecasting! 🔥
Making great progress with trends storing. Today I was able to finish a big chunk of removing stored trends. There is just one part left to add Tomorrow and we'll be able to fully replicate the historic trend functionality. This means we'll be able to query against this data and see when memorable trends were broken!
After trend storing is finished Tomorrow I will be able to store "the magic sauce" that the algorithm is using. After the magic sauce is stored we'll be able to load data directly from the stored trends data. This means near-instant cold startup times for trends.
I am aiming to get this release out this week, a bit behind original schedule but I've been making some great upgrades to the core trends engine. Be sure to check out the release later this week as we've also added a bunch of new coins. 🔥