what you are looking for may exist and even work in a more logical market with little to no manipulation at work. but when you enter cryptocurrency market, specially when you get involved with altcoins, ICOs, ... and try to "predict" their movements then it becomes nearly impossible to predict anything about them because when manipulation is at work, nothing is logical anymore.

but you can change the same strategy to apply it to altcoin market though. for example one of the short term things that happen in altcoins is pump and dump. one of the indicators of a pump is an increased volume out of nowhere which leads to a sudden rise in its price. and this price rise is usually huge but fast.