How I Built My First AI Crypto Analysis Tool
Hello Makers! 👋
Recently I embarked on a journey to create my first AI-powered tool, Coin Forecast Pro (https://coinforecastpro.com).
Here is a short story on how I got to it and where it stands now.
The Motivation 💡
With the current boom of AI-powered tools, I became curious on whether AI can be used to perform technical analysis on an asset such as a crypto asset.
So, in order to better learn how to use AI as a software developer, I decided to experiment and see if I can make a tool that provides a rather precise and useful analysis of a given crypto asset.
The Stack 🔧
The tool was made using the following stack:
- Ruby on Rails for frontend and backend
- Heroku for hosting
- The OpenAI Chat Completions API
- Midjourney for site design inspiration
The Result 🎉
After spending a few days on the project, I ended up with a simple website that lists 25 popular crypto assets, and provides a rather good technical analysis of each asset based on the price changes in the past days.
The analyses are not ideal or bulletproof, but they are far better than I expected in the beginning.
Whom It Is For 🎯
Coin Forecast Pro is a tool for those who want to learn technical analysis, and compare their understanding and analysis to an AI-powered tool, and if interested, see it as another example of what can be done with the powers of AI.
It is not meant to be used as a forecast tool or any sort of financial analysis.
If you have a couple of minutes to spare and take a look at the website, and provide me with your feedback, I will be more than grateful. 🙏
Hey, this seems cool! I'd love to connect and hear more about how you built it as I'm building a new product using AI and would be great to hear about your experience!
Chat soon, Ilai
🐬 getdolphin.ai