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Bitcoin Trading Signals

Latest release: 2.3 ( 8th June 2021 ) 🔍 Last analysed 10th June 2022 . Not a wallet Not updated in a while
4.7 ★★★★★
190 ratings
27th April 2018

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The Analysis 

(Analysis from Android review)

App Description

The app provides cryptocurrency market trends from Coinbase Pro. It then processes these information into trading signals with indicators for “Strong Buy” or “Strong Sell”.

The app uses the following technical analysis: EMA, Stochastic and RSI. It also provides trading volume analysis including data derived from buy/sell ratio plus “Cryptocurrency Heatmaps”.

Verdict

The app does not have any cryptocurrency or bitcoin wallet.

(dg)

Verdict Explained

This appears to not be a product to receive and send money.

As part of our Methodology, we ask:

Is it a wallet? If not, we tag it No Wallet

If it’s called “wallet” but is actually only a portfolio tracker, we don’t look any deeper, assuming it is not meant to control funds. What has no funds, can’t lose your coins. It might still leak your financial history!

If you can buy Bitcoins with this app but only into another wallet, it’s not a wallet itself.

But we also ask:

Was the product updated during the last year? If not, we tag it Stale!

Bitcoin wallets are complex products and Bitcoin is a new, advancing technolgy. Projects that don’t get updated in a year are probably not well maintained.

This verdict may not get applied if the provider is active and expresses good reasons for not updating the product.

The product cannot be independently verified. If the provider puts your funds at risk on purpose or by accident, you will probably not know about the issue before people start losing money. If the provider is more criminally inclined he might have collected all the backups of all the wallets, ready to be emptied at the press of a button. The product might have a formidable track record but out of distress or change in management turns out to be evil from some point on, with nobody outside ever knowing before it is too late.