What do you mean by "algo pattern"?
So you are saying that you had successfully predicted the crypto market price movements for a while?
How did you manage to achieve this?What was your analysis?
I always trade cryptocurrencies with the assumption that I will lose 100% of my investment.I usually use small amounts of coins and no leverage,so I don't regret anyway.Good luck with your second attempt to make some big profits from crypto trading.
Even though I have lost overall through poor risk management, greed etc I have managed to predict a lot of big moves, e.g the collapse from 6k to 3k to the actual day.
But this particular pattern where I had my best run is the one in the image - over about 3 weeks. The pattern is different in magnitude but has all the same hallmarks as the one I based it on. I compared the pattern, correlated it to CME gaps, and even days of the week to work out where it would pump and dump. Each major move was around 10% or so, and combined with leverage and precise entries worked very well.
I dont know whos running the market, I suspect the exchanges using high frequency bots, and its hard to spot because they never look the same, but there are patterns that repeat and if you know how to correlate them to other market factors then they can be exploited.
Ill post back here with my results if I get back on track and start trading again.