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ADA Price Prediction! 34% Profit Trading Last 12 Weeks

SlothTrading
3 min readOct 25, 2022

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Hey world!

In this brief item, I will be showing how our algorithm has been trading ADA (Cardano) in a one-day timeframe over the last 12 weeks, and its performance over that period of time. The algorithm is constantly being tweaked and improved as the market conditions change. This allows the algorithm to remain effective and produce consistent results.

This week, the SlothTrading algorithm can be seen on ADA (Cardano). We will continue to monitor the algorithm’s performance and will keep you updated on its progress. If you have any questions, please feel free to contact us. We will continue to monitor the algorithm’s performance and will keep you updated on its progress.

As you can see in the graph below, the investment made 12 weeks ago has made 34% profit (this means that an initial investment of $1,000, after 12 weeks of trading resulted in $1,341), being a good result.

The binary accuracy of the forecasts was 58% (6 points above the target value of 52%), and out of the twelve weeks of analyzed data, on six weeks we did not reach the target of 52% of accuracy.

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SlothTrading
SlothTrading

Written by SlothTrading

Crypto, Forex & Stocks price predictions for different timeframes using deep neural networks. https://www.slothtrading.com

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