The signal is rather simple : “buy” and “sell”. It will only make a “sell” call if it had make a “buy” call on the same collection.
To follow the signal, buy the floor when the bot tells you to buy and sell (even cut the floor if necessary) if the bot tells you to sell. I usually buy a little above the floor so that I won’t get a reverted transaction.
When you follow the signal, also check these things out:
- the reveal dates
- If the collection is sold out (public sale phase/whitelist sale phase etc.)
- If the collection is surely not a rug (I think my signal cannot identify if a collection is a rug or not. They could create fake hype.)
- The volume. Sometimes it gives the signal on a collection with nearly 0 volume. It could still be a pre-pump signal but please wait until you see more volume first.
- The price. Do some calculation on the gas price and don’t lose money because of this.
Otherwise, always mind your risk.
Disclaimer:
- This signal tells you when you should buy/sell. However, the real usage is “not to buy at the top” and “not to sell at the bottom.” Of course, you can earn money following the trade, but I am not responsible for any loss.
- It is up to you whether to follow the signal or not. Try following those signals on the paper first, and you might want to change a little bit when/how to entry and the way to exit. This is just a tool, and I am not responsible for any loss.
- If more and more people are using the signal, then the market structure could change, too. I’ll keep updating the signal and do the necessary if the signal can’t work anymore under the new market structure.
I also accept acquisition of the signal at 200eth so that you can use it on your own. In that case, I will return the mint price to NFT holders. So, if you want to buy Squarez from secondary, mind your risk, too.
Mint site: https://pinner-studio.xyz
Mint price: 0.05 eth
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