I am just going to put it out there, as you know I have said time and time again in my streams. Personally, the whole automated trading concept is not for me. However, that’s not to say there are not some good strategies, tools and instruments that could work for some people. Risk tolerance, time frames, bull vs bear markets all play a role in trading. This is...
Hey there, crypto enthusiasts and market savvies! Professor here, bringing you a critical update that you can't afford to miss! 💎🔥 00:00 Hey folks, let's dive right into the world of altcoins. You've been hearing me sing praises for Bitcoin lately, but what about the underdogs, the altcoins? 🎤🤔 00:16 Well, guess what? I haven't forgotten them; I've just been...
Hello traders, today we will talk about Path to Altseason BASIC INFO Altcoin season, or ‘Altseason’, is the home of face-melting gains & high volatility. It’s pretty much Christmas for crypto traders. Within a brief period (usually a few weeks or months), the prices of altcoins (all coins besides Bitcoin) skyrocket as investors move their money out of...
While technical analysis is usually NOT easy, once in a while it can be. This chart - which shows the TOTAL MARKET CAP minus ETH & BTC - just so happens to be one of those rare cases, and some simple pattern recognition is all it requires to see the obvious similarities that exist between the two fractals/structures. Assuming the pattern holds, expect to see...
Use the BTC.D chart to see where capital is flowing in the Crypto market... Into Bitcoin? or out of Bitcoin and into Altcoins. We are at a key decision point for the market right now so you can be a step ahead of the market if you are watching this chart in particular.
IF Chainlink does not claim 13$ again soon we may be putting in a bearish retest of a BARR TOP (Bump & Run TOP) Pattern. The pattern is explained below and there are some obvious key area to watch on the LINK/USDT Chart. Note the below image of Bitcoins run to 20000 as a comparison of a successful BARR TOP. The Bump And Run Reversal Top (BARR Top): • Follows...
- Total MarketCap Holding the Key Support in 3d Chart & Just Like Bitcoin, It's Also Forming Descending Channel. If Bitcoin Price Jump from 7k Support then Total MarketCap will Automatically Grow & Follow the BTCUSD. - ALTS_MarketCap On the Other Hand, ALTS MarketCap is Forming Bullish Wedge Pattern in Bigger Time frames & I Think Q1 2020 Will be Bullish...
In this post I will explain why there will be another alt season and alts will perform well at some point against Bitcoin. 1. Shitcoins piggy back on Bitcoin's success. For as long as Bitcoin is doing well, people will try to find the next Bitcoin. Many newcomers will feel they missed the boat or they will simply believe Bitcoin is outdated tech. Most people...
So, the title is obvious. Why should you be using this chart. Well unless you want to keep your Bitcoin, pin your ears back. When BTC dominance is going up and keeps going up it means only one thing. Bitcoin is moving faster than alt-coins meaning your alt holdings are bleeding BTC at a heavy rate. Too many people think they are winning in this industry because...
Hello and welcome to the revision of my working theory regarding market patterns in cryptocurrencies. This analysis follows my previous write-up regarding why intra-day traders in cryptomarkets should focus on alt-usd pairs as opposed to BTCUSD, found below: In this analysis, I focus on the 4-hour timeframe as opposed to the daily timeframe found in the...
One of the many issues beginners face when trading ALTCOINS, is how to split their money. Where to invest? How much to invest? How long to wait?, etc. It happens that in this market, the cryptocurrency market, opportunities are endless, and we are bathed with a wave of new opportunities all the time, everyday, but this can turn into a problem rather than a...