Momentum Setup
Last updated
Last updated
Price is above all MAs and is about to breakout / is breaking out with high enough RSI.
This is the H4 chart of SOL. The arrow represents the time where KreiosLabs classified it as momentum. As you can see usually, there's a big impulse followed by very shallow retracement/pullback/consolidation as it prepares for another leg up. There will be some coins that KreiosLabs will classify as momentum but won't look like this—it's better to avoid those. Focus on recognizing what good momentum coins look like and use that as a filter.
If in the case there are multiple coins under Momentum, you can sort them by RSI, %change, or volume traded or filter them by Top 10 daily gainers or Top 20 weekly gainers.
