History helps to understand the present. Predicting the future is difficult, but identifying past patterns with tools like VORTECS™ Score has proven to be useful to make an accurate guess.
Cointelegraph Markets Proso far this month. Last week, it offered an illustration of a classic “second leg up” scenario wherein a bullish VORTECS™ Score lights up on an asset that has just seen a strong rally. Indication of a bullish outlook usually comes during a subsequent correction or a period of sideways price movement.
On Feb. 15, the token appreciated from $0.92 to $1.06 in 16 hours, after which its price hung in the balance. At this point, TLOS’ historical trading outlook began to look increasingly favorable. A VORTECS™ Score of 81 suggested that in the past, similar combinations of price movement and other trading and social conditions were often followed by further upside. This time, it happened again: After a five-hour pause, TLOS resumed its rally, rising all the way to $1.21.VORTECS™ Score vs.
Avalanche’s native AVAX coin first showed moderately bullish trading conditions on Feb. 13, although its VORTECS™ Score fell short of breaking the conventional cutoff threshold of 80, only reaching 76 that day. Still, the asset soon broke out as its price shot up from $76 to $89 in less than 40 hours. As AVAX continued to rally, its historic outlook became highly favorable again, with the peak Score of 82 lighting up against a price of $92.15.
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