How to use Crypticorn’s AI Prediction Dashboard for your Trading?
Let’s get the started with Crypticorn’s Prediction Dashboard and dive right into the guide. How To Understand The AI Trading Panel? New to trading? Then first read our guide for crypto trading beginners here.
Crypticorn’s AI Prediction Dashboard for chart and trend predictions
Fear and Greed Index for Cryptocurrencies: A Sentiment Indicator
The Crypto Fear & Greed Index shows how people are feeling about the market:
Fear: People are worried the price might drop, so they might sell their coins.
Greed: People are excited and think the price will go up, so they might buy more.
This index helps you understand if the market is nervous or optimistic, with numbers from 0 (very scared) to 100 (very excited).
Cryptocurrencies Overview with the available Coins the AI has been trained on
The AI-Trained Coin List shows a list of coins that the Crypticorn AI has been trained on for the most accurate predictions.
These are the coins the AI focuses on to make predictions.
Crypticorn’s AI Prediction Dashboard for chart and trend predictions: overview of the available coins
What are the differences between AI version 1.4 and 1.5?
AI 1.4: Best for quick trades. It updates predictions often and works well for short-term trades (minutes to half an hour). This is not recommended for beginners.
AI 1.5: Best for longer trades. It updates less often but gives more accurate predictions over longer periods (1 hour, days, or even weeks). This is highly recommended for beginners.
How To Choose The Coin To Trade?
Select the cryptocurrency you want to trade. After that, decide if you want to use AI 1.4 or AI 1.5, depending on how long you want to hold your trade.It is highly recommended for you to choose AI 1.5 if you are a beginner in trading.
How to Read the Chart with Crypticorn’s AI Predictions?
The Blue Line: This line shows the AI’s prediction for where price will average around on
Light Blue/Gray Area (Biggest Zone): The most likely area where the price will close. Think of this as the AI saying, “Most of the time, the price should end up somewhere in here.”
Dark Blue Area/Dark Gray Area (Smaller Zone): A less likely, more uncertain area. If the price closes inside this zone, wicks (temporary price movements) are more likely to extend outside of it.
Outer Boundaries: The least likely areas, but still possible if the market is volatile.
Chart Prediction Example and Explanation
Imagine the AI is drawing a target: The Light Blue/Gray Area is the big outer ring (most likely), the Dark Blue Area/Dark Gray Area is the smaller inner ring (less likely), and the blue line is the bullseye (best guess for the close price).
Chart Prediction Example and Explanation 2
How To Identify A Trading Opportunity?
The following statements are based on the ZEC Chart with Crypticorn’s AI Prediction above as an example.
If the AI predicts an upward trend (Bullish Market):
Consider taking a long position if the price stays inside the big probability zone (Light Blue/Gray area). If the price touches support inside this range, it could be a good entry point.
If the AI predicts a downward trend (Bearish Market):
Look for a short position if the price stays below or inside the most probable area. Resistance rejections inside the prediction range can be shorting opportunities.
Case Study Example: Trading with Crypto Chart Predictions
AI 1.4 vs 1.5 Prediction:
Chart Prediction Comparison of AI version 1.4 and 1.5
The AI 1.4 prediction showed a bigger difference between Take Profit Line and Stop Loss Line. This means the AI thinks the price might change a lot, either going higher or lower. Take Profit Line (Green): This is the price point at which you want to sell to make a profit. Stop Loss Line (Red): This is the price point where you sell to stop losing too much money. It predicted that the price might drop to $32.00, and then bounce back up. I entered the trade based on the 1.4 prediction and then switched to 1.5 after that.
AI 1.5 Prediction:
Chart Prediction of AI 1.5 for ZEC/USDT
The wide range shown in AI 1.4 got smaller, and now the AI is expecting the price to slowly go up. It predicts that the price will most likely end up between $31.86 and $32.35 as it recovers and moves upward gradually. After the AI 1.5 updated its predictions, it showed that the price is likely to go up, meaning the market is becoming stronger (this is called a “bullish” market). It also suggested that the price might bounce back a little from its lowest point, meaning it could rise after dropping.
How To Compare AI Predictions With Live Market Data?
To check if the Crypticorn AI predictions are correct, you can compare them to the actual prices on exchanges like KuCoin or any exchange that you use. The example above shows that the AI made a great prediction. It correctly predicted when the price would drop (the “dip”) and then predicted that the price would go back up, continuing the strong upward trend (called “bullish momentum”).
Chart Prediction of ZEC/USDT and real chart
In simple terms, the AI predicted that the price would fall a little and then rise again, which is exactly what happened.
Conclusion
The Crypticorn AI Prediction Dashboard is a great tool to help you understand market trends, but it’s important to use it along with other strategies. Don’t just rely on the AI—combine it with risk management and your own technical analysis to make better trading decisions. An example of risk management is if you’re willing to risk only 1% of your investment, you can set your stop loss at a point where, if the price goes lower, you’ll only lose 1% of your trade.
Authors: https://x.com/Bl0ckChainRonin and Mr.A; both seasoned traders
