Kaiserex, a Lithuanian crypto exchange with OTC desk founded in 2014, today announced Kaiserex AI, a new feature helping users to technically predict bitcoin (BTC) price swings.
The AI tool helps forecast if the BTC price will go up, down or sideways for different short term time frames. To perform this forecast, Kaiserex AI analyzes 35 different parameters fed every 5 minutes.
Some of these parameters include:
- Current blockchain transactions
- Trading volume
- Market momentum
- Volume profile
- Trend following indicators
- Large wallet balances
- Support resistance zones
Most of the data the AI utilizes is custom and is collected by deploying various data gathering algorithms, it is not publicly available.
The KaiserEX AI has several layers to it, producing predictions for 6, 12, 24 and 48 hour time periods.