Do you want to save time and effort in analyzing the market?

And are you ready to potentially boost your cryptocurrency portfolio?

Then this 545% gain case study is for you.

The AltSeason CoPilot report for 2024-04-05

As portfolio managers and cryptocurrency enthusiasts review the daily AltSeason CoPilot updates, the recent data reflects an unpredictable market.

On the bullish side, there is currently one New Alert status coin, indicating a fresh opportunity for traders to consider entry based on the CoPilot’s metrics.

In contrast, there are no new entries under the New Hold or Partial to Hold statuses, which might typically signify a holding pattern or a balanced outlook on the existing positions within the altcoin landscape.

On the bearish side of the ledger, the spreadsheet indicates that four coins have entered Partial Exit status, and nine have reached Full Exit status.

This suggests that for a number of coins, the CoPilot’s strategy triggers are advising to reduce positions or cash out completely, possibly due to unfavorable trend changes or risk management protocols coming into effect.

For clarity and quick reference, the day’s data is summarized in the table below:

Summarizing these market signals, current conditions highlight observable bullish sentiment with one New Alert status coin, suggesting a new impetus in the altcoin sector.

However, this optimism is tempered by bearish indicators from a notable number of coins moving into Partial Exit and Full Exit statuses.

Investors are reminded that the cryptocurrency market is known for its volatility and the data captured by the AltSeason CoPilot spreadsheet is part of an ongoing effort to discern potential trends and aid in decision-making.

It encourages traders to take a disciplined approach, focusing on long-term trends, diversification, and adhering to strict risk control measures while navigating the ebbs and flows of the altcoin market.

Through careful analysis and the use of actionable alerts, the CoPilot system aims to empower investors to make informed trades, while maintaining a balanced perspective on their portfolio’s exposure to the inherent risks of the cryptocurrency landscape.

Key Trading Tips To Remember

The following article was created based on our unique trading approach. Grab your 7 Day Trial. Join thousands and learn to profit from trend trading.

ALTCOIN SEASON: Proceed With Caution

What it is: An altcoin season refers to a period when alternative cryptocurrencies, other than Bitcoin, experience significant price growth.

Why it’s amazing: Diversifying your portfolio during altcoin seasons can help you capitalize on potential market trends and boost your overall returns.

545% Case Study

Client Name: IntroToCryptos.

Results: From October 2023 until April 2024, DigitalCurrencyTraders has grown one of our portfolios on Bitget by investing in leading altcoins during the season, resulting in a 545% return on this small trading account within six months.

Some Notable Altcoin Season Profits in 2024:

Some amazing trade profits captured!

While these trades do not represent the average trade returns, they are worth preparing for!

How it Works

Step 1: → Stay informed about the coins passing trend levels in the altcoin market by checking the Daily Action Matrix in the AltSeason CoPilot.

Step 2: → Identify promising altcoins based on their underlying chart patterns without need to study technology, adoption rates, nor potential use cases.

Step 3: → Monitor price patterns alone to determine the best entry and exit points.

Step 4: → Manage risk with small position size and add on to proven winners.

Step 5: → Diversify your portfolio in just minutes per day to increase odds of catching big movers.

Altcoin Season 2024

➤ Can you envision yourself taking advantage of the AltSeason CoPilot for better insights?

Wouldn’t it be preferable to save time with an objective plan instead of attempting to predict the future?

Before:

Guessing at altcoin seasons may have lead to missed opportunities and stagnant portfolio growth.

After:

Embracing the AltSeason CoPilot can potentially lead to increased diversification, time saved, and peace of mind about your cryptocurrency portfolio.

This post was created from the AltSeason CoPilot data using ChatGPT, Perplexity AI with Make.com automation.

Sign up for the AltSeason CoPilot. Each day we manually review each altcoin/btc chart and we update the trade status as we rebalance our model portfolio from day to day. The pie chart above is our Altseason Index.

Risk Disclaimer
You should not invest money that you cannot afford to lose. Seek advice from a certified independent financial adviser if you have any doubts.
Nothing in our training products are a promise or guarantee of earnings.
Please read our https://introtocryptos.ca/about/terms

Crypto Authors: Write for us

Connect on Twitter and Linkedin

Trade safe and keep those losses small.

Doug

The post Altcoin Season Bullish Signals Detected, Proceed With Caution appeared first on Altcoin Opportunities.

The AltSeason CoPilot report for 2024-04-03

2024 Altcoin Season with the AltSeason CoPilot

As portfolio managers and crypto enthusiasts we are watching the recent activity with Bitcoin’s dominance showing signs of fluctuation.

Today, the data emerging from the AltSeason CoPilot signifies a cautious tendency with our positions.

The data reports there are **zero New Alert status coins** today, which normally imply upcoming opportunities for entry.

And only **one New Hold status coin** and just **one moving to Partial Hold status**.

These instances signal that buy positions for these few altcoins remain favorable for review.

On the bearish side, our data about market conditions also indicate caution as there are **nine altcoins in Partial Exit status** and a larger number, **eleven coins, in Full Exit status**.

Below is a clear representation of the day’s market activity according to the AltSeason CoPilot’s data:

Portfolio managers should approach the current landscape with strategic caution, focusing on coins that maintain a Hold status for potential growth while being ready to take action on those in a Partial or Full Exit status to capture profits and mitigate potential losses.

AltSeason Portfolio Strategy for April

In April of 2024 we are preparing for the potential that the market shows signs of selective bullish behavior, with opportunities lying in specific altcoins.

However, in the sort term the presence of a significant number of coins in exit status calls for attention to risk management.

The AltSeason CoPilot’s approach underscores the essence of trading safely by recognizing these conditions and implementing a disciplined strategy.

It is imperative to recognize the importance of risk control strategies and diversification.

Trading ALT/BTC spreads allows for taking strategic positions in multiple cryptocurrencies, capturing growth in the most promising coins while reducing exposure to underperformers.

Key Trading Tips To Remember

The following article was created based on our unique trading approach. Grab our 7 day trial. Join thousands and learn to profit from trend trading.

Frequently Asked Questions

This post was created from the AltSeason CoPilot data using ChatGPT, Perplexity AI with Make.com automation.

Sign up for the AltSeason CoPilot. Each day we manually review each altcoin/btc chart and we update the trade status as we rebalance our model portfolio from day to day. The pie chart above is our Altseason Index.

Risk Disclaimer
You should not invest money that you cannot afford to lose. Seek advice from a certified independent financial adviser if you have any doubts.
Nothing in our training products are a promise or guarantee of earnings.
Please read our https://introtocryptos.ca/about/terms

Crypto Authors: Write for us

Connect on Twitter and Linkedin

Trade safe and keep those losses small.

Doug

The post AltSeason Brushes Profit-Taking and Exit Zones appeared first on Altcoin Opportunities.

The AltSeason CoPilot’s analytical systems have recently identified current market trends that are signaling a mixed sentiment among market participants.

Presently, we are observing that there are zero new coins in the “New Alert” status and only one coin has been placed in the “New Hold” status.

There are no coins transitioning to the “Partial to Hold” status, pointing to a cautious approach from investors.

Specifically, there are 12 coins falling under the “Partial Exit” status, suggesting a strategic retreat or reallocation of resources in response to market conditions. Furthermore, 7 coins are now in the “Full Exit” status, indicating a recommendation to fully close positions on those assets, hence confirming a more widespread defensive stance.

The mixed sentiments expressed through the AltSeason CoPilot signals show a market that is cautiously optimistic yet prepared for potential adverse movements.

Key Cryptocurrency News:

• Crypto Market Liquidations: The cryptocurrency market experienced significant liquidations, with over $400 million in bullish bets being liquidated. This was primarily due to a sharp decline in major tokens such as Bitcoin, Ether, Cardano’s ADA, and BNB Chain’s BNB. Solana and Dogecoin were among the hardest hit, with Solana dropping 7% and Dogecoin more than 8%14.
• Bitcoin’s Price Movement: Bitcoin’s price fell by approximately 5.8% to $66,398, influenced by stronger dollar conditions and the release of US manufacturing sector data for March, which rose more than expected17. 
  
  This decline was part of a broader market pullback, with Bitcoin struggling to consolidate above the $71,000 level due to resistance and broader market caution against riskier assets1.
  
• Dogecoin’s Significant Drop: Dogecoin’s price experienced a notable decline, crashing 14% amid the broader market pullback. This was part of the overall trend of major cryptocurrencies facing downward pressure5.
• Overall Market Sentiment: The global cryptocurrency market has notably declined, with Bitcoin dipping close to the $66,000 mark. This downturn is attributed to a combination of factors including a stronger dollar, strategic profit-taking among long-term holders, and broader market caution16.

The AltSeason CoPilot approach emphasizes the importance of risk management and diversification in trading.

By leveraging data-driven insights and a rigorous trading plan, the strategy aims to navigate through the volatile waters of the cryptocurrency market safely.

It endorses entering and exiting trades based on meticulous analysis rather than speculative impulses, reducing exposure during bearish periods and capitalizing on bullish markets by identifying strong performers amongst altcoins.

Key Trading Tips To Remember

This article was created based on our unique data and trading approach. Access everything with our 7 day trial. Join successful thousands and learn to profit from trend trading.

This post was created from the AltSeason CoPilot data using ChatGPT, Perplexity AI with Make.com automation.

Sign up for the AltSeason CoPilot. Each day we manually review each altcoin/btc chart and we update the trade status as we rebalance our model portfolio from day to day. The pie char above is our Altseason Index.

In summary, current assessments advise a more guarded positioning, focusing on maintaining the value of existing portfolios while remaining vigilant for emerging opportunities.

The approach fosters disciplined trading, ensuring investors can pivot with agility and confidence, always aligned with the prevailing market narrative and risk appetite.

The post Will Strong Dollar Staunch Crypto Surge? appeared first on Altcoin Opportunities.

Here are the bullish and bearish factors according to the status of the altcoins as reflected in the daily updates from the AltSeason CoPilot:

Altcoin Status Summary

The AltSeason CoPilot report for 2024-04-01

Key Trading Tips To Remember

The following article was created based on our unique trading approach. Grab your copy of our Free crypto trading plan PDF and chat with our AI assistant instructor. Join thousands and learn to profit from trend trading.

Unlock Crypto with AltSeason CoPilot:

Bullish and Bearish Factors at a Glance

The AltSeason CoPilot is a cutting-edge cryptocurrency tool that categorizes altcoins based on their bullish and bearish factors.

How it Works

Step 1: Upon signing up for the AltSeason CoPilot, receive daily updates containing the number of altcoins under each status:
Step 2: Review the provided list, focusing on altcoins under “New Holds” (make new purchases) and “Partial to Hold” (hold existing coins).
Step 3: For altcoins labeled as “New Alerts” or “Partial Exits”, reassess your investment strategy before making any significant moves.
Step 4: Adjust your portfolio accordingly to benefit from the latest bullish trends and minimize exposure

This post was created from the AltSeason CoPilot data using ChatGPT, Perplexity AI with Make.com automation.

Sign up for the AltSeason CoPilot. Each day we manually review each altcoin/btc chart and we update the trade status as we rebalance our model portfolio from day to day. The pie char above is our Altseason Index.

The post Altcoin Bullish vs. Bearish Factors for April appeared first on Altcoin Opportunities.

I’m going to outline the details of what I see shaping up for crypto right now and I’m going to give you a specific plan so that you know exactly what to do without any news, without anyone telling you when the signals fire,

but before I get into that today,

I was just curious and I wanted to know…

ツ how long have you been watching my channel on YouTube?

ツ …and what are some of the things you find in my videos that are different than other channels?

► √ I’d like you to take a second and leave a comment down below and let me know what’s the most valuable thing that you’re getting here,

► √ let me know what kind of trading approach you focus on and what kind of results have you been getting for the past couple years.

So let’s jump into the triangle.

When To Turn Cash Into Bitcoin

Our system solves that with the 123 formation, the break of the trend line and the EMA cross, and our latest signal was to buy Bitcoin on January 25th or so when we noticed that a similar signal was shaping up to what we saw in August.

So most of the time we should be holding Bitcoin and sometimes we should be holding altcoin.

80 Percent Bitcoin

When we look at the alt season coal pilot spreadsheet from January 25th, we can see that our system had us holding 80% Bitcoin and 20% altcoins at that time.

Bitcoin has taken off, it’s been fantastic!

Today on February 14th,

we see a new wave of coins passing the alert status.

Our historical data reveals that a surge in alert status coins is a powerful indicator of the onset of alt season.

In other words,

our system is suggesting that we should be now turning our Bitcoin into small bits of an array of different cryptocurrencies and then we should prepare to manage our risk.

Getting Deployed Into Crypto At The Right Time

You know this is always this part of altcoin season that I really get excited about, everything all setting up, I see these formations building up and I’ll post like crazy in our Discord.

The Only Way For Me To Know…

I’ve always wondered what is holding someone back from changing the way they trade so that it’s easier and takes a lot less time throughout the day.

So if you’re interested,

I can find out more about what you do for your trading approach and what kind of results you’ve been getting compared to the results that you’re really after.

Then I can give you a personal 5-minute tour of how our approach actually works.

And then if it feels like something that you’re looking for, you can just keep your membership going, if not you can cancel it and no harm no foul, off we go.

No matter which way these one-on-one calls go, I always get something great out of those calls and meeting somebody.

So if you’ve been trading for the last couple years and you’re not getting the results that you’ve been wanting, check it out, sign up for the free trial, book the 30-minute call with me and if it doesn’t work out, hey you’ll learn something, I’ll learn something and off we go to the next video.

Trade safe and keep those losses small.

The post When To Hold Altcoin, Bitcoin or Cash appeared first on Altcoin Opportunities.

Total change, fellas.

I’m teaching everything for free over on SKOOL, and I want to grow this community to 1000 PEOPLE in the next week.

That means the training and the content inside there HAS TO BE SOOO GOOD that you would be dumb not to sign up and get it today.

I’m launching the first of the free training courses.

I’m going to teach you how I find the one, two, three entries and the exits, and I’m going to make it practical for you by showing you all five stages of the trade.

I recently had an article published over on Inside Finance Wire.

Out of 2300 people, it says that once you learn this, you will never watch the charts all day again.

And I’ve got an article written on the Data-Driven Investor with 63,000 people that says that crypto trading is boring, and this is where to find the real financial excitement.

And that’s what I’m going to be teaching over on the 1,000 member crypto trading skool.

But we’re getting into more than just crypto trading; we’re talking about money making in all four different directions.

Our community is going to be real because we’re going to do it, and then we’re going to tell what happens.

Once You Learn This You Will Never Watch Charts All Day Again

Overcome The Chart Watching Trap

Trading Crypto is Boring

This Is Where To Find Real Financial Excitement

1000 Member Crypto Trading Skool

A Massive Growth Story For Every Content Creator

Because we’ve got some super important details coming out tomorrow where the FED may be announcing a change in the interest rates, and that’ll change what’s going on with the US dollar Index, and that could have a profound impact on everything else, super important, especially where we are right now.

We’ll take a look at the next charts in here in a second. Let’s move the 12h hour bands over to see where we are.

I want to pay attention to where this band is so that I can look at where the 4H hour is compared to the 12h hour and track that.

The comparative position of these bands really helps to identify whether the 123 formation is valid or not.

So we’re getting lots of lines on this chart now, but now we have an uptrend, and I’m watching for the 123 formation. We see that the 1hour Binger band is pinned tight now at inside the 4H hour near the top of the 12h hour.

So when they all tighten up against the top of the bands like this and all the bands coalesce together, it does give it room to make a stab back more easily, it seems to me, than for it to punch up through.

On the other hand, if it does punch up through these and make support up above, this is super important that we really respect that.

But this really still leaves us sort of in the middle because we had the Binger band mean reversion cell signal the other day, and I’m going to have a free course coming out that teaches exactly that. I have the video from when this happened as it was happening.

I was videoing the exact trading signal, and I’m going to have that available in the free course over in our new skool.

It’s going to be super cool to watch for those signals because as we have that sell signal, we could still have our stop loss just below our entry, and we’d still be in that position.

Yet we also have what was a Bollinger Band mean reversion Buy Signal down at the bottom here. We have the one 123s; we could have our stop-loss up above our entry.

In other words, we were right smack dab in the middle where we could be holding a short position in one account and be in profit, and we could be holding a long position in the other account and be in profit.

We’re right in the middle, so it’s a real uncertain time in this band where prices are going to go.

It is potentially a one, two, three top formation here, and I’ve seen these kind of candle formations before where I’ve nicknamed it the three touches of death where we have the one, two, three formation. But if we go up one, two, three times against that, we don’t have a uh, we don’t have a one, two anymore.

Now we have a one, two, three bottom.

This usually is the line where things change direction once we’ve hit it three times and we can’t penetrate, then it’s going to drop hard the other way.

So the interest rate decision tomorrow is going to be super important because it’s also going to affect Japanese Yen and the Canadian dollar and being able to trade those patterns over on SimpleFX using your cryptocurrency is super exciting to me.

Oh, and by the way,

when I do that course on the Bollinger Band mean reversion signals,

I’m going to show how this indicator helps us identify it with the color coding.

Sniper Extreme Indicator

It really stands out with the one 123s, the relative strength index signals that we get.

It just nails these signals, and I’m going to put that all together in the free course, and you can come and join our skool because that free course launch is today this morning.

That course is already in there and complete.

You can go and access it.

And then tomorrow,

• I’ll be launching the springboard pattern course, and

• I’ll be putting in the Bollinger Band mean reversion course, and

• we’re going to do a course on the popcorn trading signals as well.

There’s a ton of stuff coming out in this, but I’m getting ahead of myself.

And now I want to finish the video with a little update on the altseason co-pilot.

I’m going to release a course on how to operate the altseason co-pilot and how our trading system works so that when we take the average of this trading system when we do it to all the different cryptocurrencies, it really tells us when to get prepared for cryptocurrency season and when to get out.

When we compare our data against the patterns in Bitcoin dominance, we can see that there is a direct correlation between those periods when our system is telling us that it’s time to get into altcoins.

We can see that the opportunities are setting up just before everything has gone into hold status, and there are waves and waves and waves of it as Bitcoin dominance is topping out.

And we’ve seen an important wave here that we can see that Bitcoin dominance was rising along here with Bitcoin, but recently it’s not been doing the same amount.

So the altcoins have been rising in value more than Bitcoin through this period from September and October through the through to now.

And we know that there’s been some coins like Sol and Link and um, Bake and a few that did some really huge moves, and that’s what’s causing the change in the all-in Bitcoin dominance this far.

And I do believe we’re topped out here in Bitcoin dominance that all those coins are going to be crossing the one 123 formations, and we’re going to be growing the number of Bitcoin that we hold by holding on to these altcoins.

Wow, we covered so much in today’s video.

If you want to catch up on this trading system now,
you can go and learn for free over on our skool.

I’d be super pumped to have you along there.

Help me make that 1,000 person goal in the next week, and I’m going to make the training so awesome that you’d be crazy not to come and join us.

Thanks again for watching, trade safe, and keep those losses small.

The post CRITICAL Bitcoin PATTERN CONFIRMS when THIS HAPPENS appeared first on Altcoin Opportunities.

It’s a pretty simple formula.

Yet human nature makes us second guess while we make transitions from one phase of our money holdings into the next phase as the trends ebb and flow.

Tracking data of the Altcoin Seasons over time helps us prepare for what may come next with the best cryptocurrencies for 2024.

Dedicated daily altcoin index review to gather the data and long term analysis have let us learn how to look inside the general cryptocurrency trend data of bitcoin dominance and get specific about the best performing dApps, tokens and NFT markets.

Each different wave of altcoin performance can be compared over time to help us better understand the fakeout patterns from the profit-making trends.

As our data is presented in different views, it provides us with an educated perspective about the confirming moments in the trend change – as well as identifying the hottest moments of risk exposure to guard against potential losses.

➜ Altcoin Season Livestream on YouTube!

Our Job As Traders

Our only work is to manage risk. We don’t actually make the money. Our money is tasked with that job and we just position the money and protect it against risk.

We don’t know the future.

And we sure don’t know which one of these coins will pump or crash.

So we must diversify small across all that pass our mark.

And then we manage risk. So our job now is to watch for any of the HOLD status coins to pull back into Partial Hold.

To me – that is a warning to protect my assets.

But I just Got REKT

Look at the murderous price swings that ripped apart so many leveraged traders the past few days.

The stories of liquidations are sad to read.

But our system is prepared for this and expects it actually.

It will happen several more times in the months to come.

I call it Whale Feeding Zone, and your stop loss levels need to be ready for it.

So many exciting charts setting up right now!

The 105 coins in HOLD status may still have opportunities to consider, yet most of those will be higher risk now that they have already passed our entry signal.

Any of the Partial Exit coins that move back into FULL HOLD status are worth a look for some explosive continuation potentials.

BE WARNED

If the 4 hour EMA EXITS start to pick up – that is a warning and we should be reviewing the charts for our EXIT signals.

The Daily Action Matrix Makes It Simple

The Five Stages of The Trade make all of our action points very clear – so we can scan 270+ cryptos every day and sort the data to bring us a control panel that presents only the coins that are passing an action point.

We don’t have to personally scan the price charts to find the best and most important action movers – that info is brought to us.

Created By Crypto Portfolio Managers

➨ We created and improved our interface to make our jobs as easy as possible – and objective as our trading approach should be.

Nothing is left to chance in such a risky game. Every step of the trade is carefully planned well in advance. The diversification is a key component of the plan.

How Crypto Portfolio Managers See Risk:

Rebalance three pools of money to match the cryptocurrency price trends.

Trading the triad of Bitcoin/Cash/Altcoins at the right time is a key component of the plan… every detail works together with a logical part to play in the over all plan.

Oh ya – and you can learn for free.

There are so many crypto scams out there – proof is in the plan. So we give it to you so you understand it. Putting the plan into action takes work and research and that’s where our membership provides so much value to real traders.

The work and research is also what clears out the gamblers who try to follow our trading system.

The post Bitcoin, USDT or Altcoins appeared first on Altcoin Opportunities.

With the rapid growth and increasing mainstream acceptance of digital currencies, it’s no wonder that more and more people are looking to invest in this emerging market. But with so many options available, how do you choose the best cryptocurrency to invest in for 2023?

Follow our LinkedIn Business Page for DigitalCurrencyTraders

Fear not, as we’ve done the research for you and compiled a list of the top cryptocurrencies that show great potential for the upcoming year.

In this blog post, we will dive deep into the world of cryptocurrencies and explore the best picks for 2023.

Whether you’re a seasoned investor or just starting out, this guide will provide you with valuable insights and expert analysis to help you make informed decisions.

But first, let’s address the burning question on everyone’s mind: what makes a cryptocurrency the “best” choice?

When it comes to investing in cryptocurrencies, there are several factors to consider. The market capitalization, price volatility, underlying technology, and future prospects all play a crucial role in determining the potential return on investment.

AltSeason Indicator On Tradingview

By analyzing these factors and keeping an eye on market trends, we have identified the top cryptocurrencies that have the potential to outperform the rest in 2023.

So if you’re eager to discover the best cryptocurrency to invest in for 2023 and secure your financial future, keep reading.

We’ll be revealing our top picks and providing you with valuable insights that will help you navigate this ever-changing landscape. Get ready to make informed investment decisions and unlock the potential of the digital currency revolution.

Find a free crypto trading plan pdf.

In your quest to invest in the best cryptocurrencies for 2023, it is essential to have a well-thought-out trading plan. A trading plan provides you with a systematic approach to managing your crypto investments and maximizing your potential returns. If you’re looking for a free crypto trading plan PDF, you’re in the right place.

Having a trading plan is crucial because it helps you stay disciplined and objective in your decision-making process. It outlines your entry and exit strategies, risk management techniques, and overall trading goals. With a solid plan in place, you can navigate the volatile crypto market with confidence.

It provides you with a framework to structure your trading activities and helps you avoid common pitfalls. Whether you’re a day trader, swing trader, or long-term investor, a trading plan can help you make informed decisions based on your risk tolerance and investment goals.

When looking for a free crypto trading plan PDF, consider the following factors:

Remember, a trading plan is only as good as its implementation. Even with the best plan in hand, it’s crucial to stay updated with market trends, news, and evolving regulations. Regularly review and adjust your trading plan as needed to adapt to changing market conditions.

Trading For Beginners

A free crypto trading plan PDF is a valuable tool for anyone looking to invest in cryptocurrencies. It provides a structured approach to managing your investments and helps you make informed trading decisions.

Altcoin Season CoPilot 2023

Long term patterns suggest the potential for Altcoin season in late 2023.

Watch videos here: https://tinyurl.com/bitcointradingyoutube

Remember to consider the comprehensiveness, clarity, customizability, and backtesting capabilities of the trading plan before implementing it. Happy trading!

The post Top Cryptocurrencies for October 2023 appeared first on Altcoin Opportunities.

It’s crucial to have a trading plan to objectively identify the altcoin opportunities to watch in 2023. You must know what to do during different market conditions. Let’s detail how to stay prepared to diversify your portfolio at the right time. How to preserve your capital in bear markets and also preserve the time you need to commit to trading.

An Uncertain World in 2023

As a cryptocurrency investor, you must always be prepared to face the ups and downs of the market. While the recent failure of collapse of Silicon Valley Bank in March and First Republic Bank in April and threats to the US dollar as the global currency bring uncertainty, you must have a trading plan that will stay out of bear markets and help you stay ready for when the altcoin opportunities present themselves.

Ten Altcoin Opportunities to Watch. Compare price charts against our proven trading plan, prepare the next altcoin season!

Altcoin Opportunities In The Big Trends

One key indicator that traders use to determine altcoin opportunities in changing market trends – is Bitcoin Dominance. Bitcoin Dominance is a measure of the total market capitalization of Bitcoin compared to the total market capitalization of all other cryptocurrencies. When Bitcoin Dominance is rising and Bitcoin prices are flat or falling, it’s essential to hold fiat currency to avoid any potential losses. This is because the market is likely in a bearish state, and it’s not the time to make any significant investments.

On the other hand, when Bitcoin Dominance is rising, and Bitcoin prices are also rising, it’s wise to hold Bitcoin. This is because Bitcoin is the most dominant and stable cryptocurrency, and when its price is increasing, it’s a sign of a bullish market. Holding Bitcoin during this time can help you capitalize on the upward trend and potentially increase your profits.

When Bitcoin Dominance is dropping, and Bitcoin prices are rising or remaining stable, it’s time to hold a select group of Altcoins. Altcoins are any cryptocurrency that is not Bitcoin, and they tend to have more volatility in their prices. When Bitcoin prices are stable or rising, and Altcoin prices are increasing, it’s an indication that the market is bullish towards Altcoins. We seek to hold Altcoins as they pass our trading signals during this time. Those that successfully pass our risk control rules may allow us capitalize on the upward trend and potentially increase profits.

Daily Habits To Spot Altcoin Opportunities

Our experienced AltSeason CoPilots understand the importance of having a solid trading plan. We follow a daily routine that involves analyzing 300 ALT/BTC pairs, comparing potential altcoins against the 5 Stages Of The Trade, and implementing risk management strategies to rebalance our diversified portfolio.

Altcoin Opportunity Index March 26

Altcoin Opportunity Index April 27

We can see the two charts above show that many ALT/BTC price charts moved into ALERT status through March. But most coins fell back into Neutral. Now we are in a phase of preparation for the next potential altseason wave in 2023 – when ever it should arrive.

An Excerpt From Our Data

Based on the current portfolio status data in the AltSeason CoPilot Spreadsheet, here are 10 altcoin opportunities to watch for in 2023: Some of the chart patterns are in ALERT status while others are in PARTIAL HOLD STATUS. Be sure to download our free Trading Plan PDF to review these price charts.

We are actively monitoring for EXITS to Stage 5 Of The Trade for risk management while being open to potential for this select group of coins to hold their levels.

Past Altcoin Seasons have started quickly, so we remain on sharp attention for any coins that are building a new 1-2-3 bottom.

1. Elrond (EGLD) – A high-throughput blockchain platform with low fees and fast transaction speeds.
2. TRON (TRX) – A blockchain platform for decentralized apps and smart contracts.
3. Manchester City Coin (CITY) – A cryptocurrency launched by Manchester City Football Club.
4. Cartesi (CTSI) – A layer-2 infrastructure that allows for complex computations off-chain.
5. IDEX (IDEX) – A decentralized exchange with a focus on security and user experience.
6. Komodo (KMD) – A blockchain platform with built-in privacy features and cross-chain interoperability.
7. Origin Protocol (OG) – A decentralized marketplace for peer-to-peer commerce.
8. Render Token (RNDR) – A utility token for a decentralized cloud computing network.
9. Injective Protocol (INJ) – A decentralized derivatives exchange with no gas fees.
10. Trader Joe (JOE) – A yield farming platform with innovative features and low fees.

By researching these altcoins and comparing the price charts against our proven trading plan, you can also prepare to take advantage of the next altcoin season!

But remember, we must plan exactly how we will manage risk and preserve capital BEFORE we enter our trade. Check out our Crypto Trading Plan Example PDF and our special Reducing Risk In Crypto Investments article for more tips on risk management.

To stay up to date with the latest altcoin trends and analytics, I recommend checking out Cryptocurrency Analytics and Crypto Trade Tracking. And if you’re interested in technical analysis, be sure to read this Ten Cryptocurrencies Pass our Technical ALERT signals article.

Remember, becoming a successful altcoin trader takes time and effort. But with the right mindset and daily habits, you can achieve your goals. As The AltSeason CoPilot, I trade the ALT/BTC spread with a simple daily routine that can help anyone achieve more success with their Cryptocurrency Portfolio Management in 2023. Good luck on your trading journey!

The post 10 Altcoin Opportunities to Watch for in 2023 appeared first on Altcoin Opportunities.

That’s where Glassnode comes in.

And we are excited to announce our new partnership with GlassNode!

https://studio.glassnode.com/partner/dealcode

The dealcode link works like a Glassnode coupon for a 10% discount!

As the premier cryptocurrency analytics platform, Glassnode provides a wealth of data and insights to help investors stay ahead of the game. With a variety of reports and tools available, Glassnode is the go-to source for anyone looking to invest in the world of crypto.

The Benefits of Glassnode’s Reports

Glassnode offers a range of reports designed to provide investors with the insights they need to make informed investment decisions. Below, we’ll take a closer look at each of these reports and the benefits they offer.

1. The Daily Update

The Daily Update provides a comprehensive overview of the current state of the cryptocurrency market. This report covers a range of metrics, including price movements, trading volumes, and market capitalization. By providing this information in an easy-to-understand format, the Daily Update is an essential tool for anyone looking to stay up-to-date with the latest developments in the world of crypto.

2. The Week On-Chain

The Week On-Chain report offers a deeper dive into the on-chain metrics of cryptocurrencies. This report covers a range of metrics, including transaction volumes, miner revenue, and network health. By analyzing these metrics, investors can gain a better understanding of the fundamental drivers behind the cryptocurrency market. This report is particularly useful for long-term investors who are looking to build a solid portfolio of crypto assets.

3. The Glassnode Alerts

The Glassnode Alerts tool allows investors to set up custom alerts based on a range of metrics, including price movements, network activity, and social media sentiment. This tool is particularly useful for active traders who want to stay on top of market movements and react quickly to any changes. With Glassnode Alerts, investors can be notified immediately when certain thresholds are crossed, allowing them to make informed trading decisions.

4. The Exchange Flows

The Exchange Flows report provides investors with insights into the movements of cryptocurrencies in and out of exchanges. This report covers a range of metrics, including inflows, outflows, and net flows. By analyzing these metrics, investors can gain a better understanding of market sentiment and identify potential buying or selling opportunities. This report is particularly useful for short-term traders who are looking to capitalize on market fluctuations.

5. The NVT Ratio

The NVT Ratio report provides investors with an alternative way to value cryptocurrencies. The NVT Ratio is a simple ratio of market capitalization to on-chain transaction volume. By analyzing this ratio, investors can gain a better understanding of the underlying value of a cryptocurrency. This report is particularly useful for investors who are looking to build a long-term portfolio of crypto assets.

The Critique of Glassnode’s Service

While Glassnode is an excellent resource for anyone looking to invest in the world of cryptocurrency, there are some potential drawbacks and limitations to the service. For example, the top tear service is quite expensive, which may be a barrier to entry for new investors. Additionally, some of the reports are quite technical and may require research and learning for novice investors to understand.

Overall, Glassnode is an incredibly valuable resource for anyone looking to make informed investment decisions in the world of crypto. The reports and tools provided by Glassnode are second to none, and the insights provided can be incredibly valuable for investors at all levels.

https://studio.glassnode.com/partner/dealcode

Alternatives to Glassnode

While Glassnode is the premier cryptocurrency analytics platform, there are a few other data research providers that investors may want to consider. Some of the most popular alternatives include:

1. CryptoQuant

CryptoQuant is a platform that offers a range of tools and reports for cryptocurrency investors.

• Exchange Flows
• Whale Alerts
• Market Data
• Miner Flows

2. Santiment

Santiment is a data research platform that provides a range of metrics and insights for cryptocurrency investors. Their platform offers real-time market sentiment data, on-chain analysis, and social media analytics, making it a powerful tool for investors looking to make informed decisions.

3. Coin Metrics

Coin Metrics is a provider of crypto asset market and network data. Their platform offers a range of tools and reports, including price and volume data, network health metrics, and more. Coin Metrics is known for their deep analysis of on-chain data and their commitment to providing accurate and reliable information.

4. AltSeason CoPilot

AltSeason CoPilot is a service that provides insights and analysis on the altcoin market, with a focus on identifying potential “altseasons” – periods of time where altcoins outperform Bitcoin. This long running service provides various metrics and indicators to help investors make informed decisions about their altcoin investments. Some of the key features of AltSeason CoPilot include:

1. Altcoin Performance Metrics

AltSeason CoPilot tracks the performance of various altcoins and provides insights into which coins are likely to outperform in the near future. The service uses various metrics such as bitcoin dominance in 2023, price, trading volume, and market sentiment, to identify potential opportunities for investors.

2. Technical Analysis

AltSeason CoPilot provides technical analysis of various altcoins, using chart patterns and other indicators to identify potential opportunities. The service also provides educational content on technical analysis, helping investors to better understand how to use these tools to make informed decisions.

The AltSeason CoPilot service does not use social media activity or news coverage to provide insights and analysis on the altcoin market. Instead, the service uses a fully objective trend-following approach that you can learn with their free PDF.

Conclusion

Overall, Glassnode is an incredibly valuable resource for anyone looking to invest in the world of cryptocurrency.

Their reports and tools provide valuable insights that can help investors make informed decisions about their investments. While there are some potential drawbacks to the service, the benefits far outweigh any negatives.

Additionally, there are a few alternative data research providers that investors may want to consider.

The post Introducing Glassnode: The Premier Cryptocurrency Analytics Platform appeared first on Altcoin Opportunities.