Altcoin Opportunities

Tag: bitcoin

When To Hold Altcoin, Bitcoin or Cash

Are you a cryptocurrency Trader? I’m going to share the three places where you should be keeping your money for Perpetual growth.

The Crypto Triad Everyone Should Know

When To Hold Altcoin, Bitcoin or Cash.
The Ultimate Crypto Investing Triad.

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.

I want to make videos that help you make money and not just waste your time with an opinion.

So let’s jump into the triangle.

The first question that triangle solves is:

should we be holding Bitcoin
or should we be holding cash?

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.

Then the second question that our triangle solves is when should we be holding altcoins?

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!

…but now something has changed.

Today on February 14th,

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

This is occurring at the same time that Bitcoin dominance is showing a strong Divergence from bitcoin price.

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 recently with a bit of consulting… and some guidance…

I’ve changed our membership so that;

➞ we have a 7-Day free trial so that you can get access to the Altseason Co-Pilot and all the training that goes along with it.

➞ and, you also can book a 30 minute one-on-one call with me.

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.

February 14, 2024
Watch for THIS LEVEL on Bitcoin TODAY: Plus Mystery Chart

Howdy everyone! It’s a big day; the FED is speaking today. Let’s look at the price charts to see if the TA can tell us what’s going to come next.

In the second part of the video, I’ll talk about what’s going on in our new skool.

In the third part of the video, I’m going to share a chart that no one is looking at because it’s not Bitcoin. It’s not even a cryptocurrency, but you can grow your crypto by nailing it on this chart.

Let’s jump into the whale feeding Zone and Shark Feeding Zone. We do have some changes.

From yesterday, where the 4-hour has moved up a little bit, and it’s starting to look like it’s trending. We’re getting some direction out of that. If we go into the 12-hour time frame, we can see this is expanding up a little bit higher at the top and not much lower at the bottom. It’s like it’s expanding, widening to give room for prices to move up above there.

And I don’t know, of course, but when the daily is pinching down, and we’re all coming to a coalescence like this, I just want to zoom in.

Let me go to the 3-day, even more important to see the 3-day in its pinch like this. We’ve looked at that 3-day before and then compared where that lines up to a weekly. We can see the 3-day pinched super super tight back here, super super tight again. If we are in a similar pattern that we were in in the past, that we’ve come up, we’ve already done the pullback, so the big question is about to be answered as we are flaring past or down below the pinch that we’re seeing right now.

In other words, if we go to the present time here now, we can see where the Ballinger bands are pinched down really really tight. And a breakout above this is so crazy; everything is just going to go.

Now, it might not be everything. Bitcoin’s going to go, and the altcoins might get slaughtered because Bitcoin dominance will rise at the same time. So your risk control on each individual trade is still super important.

Now let’s continue zooming in here. We got the 12-hour, we got the 4-hour, we checked out the long term. Now we’re zooming into the 1 hour. It’s just been whale feeding and Shark Feeding inside these zones, just back and forth. Really difficult to trade if you’re doing it with any size.

And there we go, the FED leaves the rate unchanged,

sounds hawas note for March, which means that we’re going to be pumping like crazy from now.

I believe that the dollar Index is going to lose some ground, that gold and silver are going to be pumping up. So we could see the dollar Index; where we go DXY. So there’s a hammer reversal candle right there.

So I was kind of worried about the fact that we were outside the Ballinger bands. But now that we have this Hammer reversal candle there, it’s starting to look more bearish that we could continue down from here rather than reversing up hard.

So the dollar Index dropping down from here is going to make the Japanese Yen move, the Canadian dollar move; it’s going to make the metals move as well.

Before I get to that third part of the video, I want to talk about what’s going on over on our new skool.

https://introtocryptos.ca/skool

Yesterday we had the first free course launched;

today we have the springboard trade patterns course launched.

Those are both free courses that are available.

You can get the free course on the full five stages of the trade; you can learn that whole thing over on the skool now.

And this course is available as well, so you can learn the springboard pattern, and it’s super important for what’s going on with the altcoins.

Then tomorrow, the Ballinger band mean reversion course is going to be launched and be available.

The day after that, we’re going to have the popcorn Trading Co course available.

Then in the morning on Saturday, we’re going to have a state-of-the altcoin video call.

Tons of stuff going on in the community, but that’s not the important part.

The really important part is what’s going on with all the different people who are saying hello.

Benjamin, he’s been following our videos for a couple of years now; that’s great.

Temi, it’s great to see Temi is in here learning the one two three and learning to practice correctly and profitably.

Awesome to have you here.

Dalibor, welcome back; great to have you again.

Andrew from Australia, awesome mate; good to have you along.

Stezzy, hey, welcome, welcome aboard,

And everybody else who’s just joining, be sure to head out to the welcome aboard link here, expand this, and go and watch the new welcome intro video, check that out, check out this community, come and grab a new membership request pending.

And I’ve got a couple of questions for every new member who comes in; it’s awesome to get those answers and let me know what you’re actually looking for.

Super phenomenal; I’m really excited about this new community.

Now before I get into that third chart that I want to talk about, I just wanted to look at Bitcoin dominance here because if dominance is rising as all of this is going on, then we have to pay attention.

That this is telling us to get out of the alts back into Bitcoin if bitcoin’s taking off. And then we’ll watch this, and we’ll see how this is panning out. I’ll check each of the different trades.

Palladium

But now I want to go into that third section of the video and go into the TA and look at this chart. You can see here that Palladium, which you can trade over on simple FX, there’s a referral link down below.

You can see that Palladium is now in alert status according to our alt season indicator.

In other words, we’ve got the break of the downtrend line; we’ve got the 123 patterns setting up here, and we’ve ALS. And it’s just about to break the 123; our EMAs are just about to cross on the 60/20 time frame.

So that makes me want to zoom in on a closer time frame and to see is there a way that I could take a position on this that would be really low risk because it’s Consolidated so nicely.

There’s a pretty good risk profile on this trade if I could take a very small position in this, and then as soon as the price does move up a little bit, then maybe I want to check that out.

But you know there’s a lot more to be to know about Palladium.

So you know I did some research about how has the demand for Palladium changed over time and there’s a lot of details about the deficit coming up and the difference in the usage of Palladium.

So when you’re getting into trading any of these things, it’s much more than just trading the 123 formation.

Yet the 123 formation is exactly how we determine our entry, our exit, and our risk range so that we can know the risk profile before we put the trade on.

We’ve done stage one of the trade and planned it all out.

And now to finish up, let’s take a look at Bitcoin prices because we’re still in the middle of that conundrum where we have the one two three bottom prices are up above our stop.

We could do nothing right now; we should keep our hands off it. And we’re also below that one two three top formation that Bullinger band mean reversion and cell signal that we M mapped out there last week.

So we’re still right in the middle;

I’m super bullish. I’m not jumping back and forth in all of these; I’m just tracking them out just for the pattern.

https://introtocryptos.ca/skool

Super exciting times, and I’m really grateful to have you guys along.

I hope to see you over on the new skool; come and join us.

It’s a great community of people, trade safe, and keep those losses small.

January 31, 2024
CRITICAL Bitcoin PATTERN CONFIRMS when THIS HAPPENS
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.

https://introtocryptos.ca/skool

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.

It’s more than just about crypto trading; all the training is going to be for free, it’s going to be easy, it’s going to be fun.

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

In this video I want to jump into the Whale Feeding Zone and Shark Feeding Zone and see what’s actually going on with Bitcoin prices in the 1-2-3s.

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.

So anything that we are doing in Bitcoin would have to be super small in position size until we see what the US dollar Index is doing.

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.
January 30, 2024
Unlock the Power of Bitcoin: Secure, Decentralized, Digital

BTC/USDT Chart by TradingView

Where to buy Bitcoin.

Bitcoin (BTC) is the world’s first and most well-known cryptocurrency, enabling peer-to-peer digital transactions. It is known for its security and decentralization, allowing users to transact without the need for a central authority. Bitcoin has become increasingly popular over the years, and is now accepted by many merchants as a form of payment. In this article, we will explore the history, features, and use cases of Bitcoin, and why it has become so popular.

What is Bitcoin?

Bitcoin is a decentralized digital currency that can be used to make payments without the need for a central authority. It is based on a distributed ledger system called the blockchain, which records and verifies all transactions. Bitcoin is created through a process called mining, where computers solve complex mathematical problems to generate new coins. Bitcoin is stored in digital wallets, and can be sent and received through the Bitcoin network.

History of Bitcoin

Bitcoin was created in 2009 by an anonymous person or group of people known as Satoshi Nakamoto. The goal of Bitcoin was to create a decentralized, secure, and censorship-resistant digital currency. Bitcoin was initially used as a form of payment for goods and services, and quickly gained traction due to its low transaction fees and fast transaction speeds.

Features of Bitcoin

Bitcoin has several features that make it attractive to users. It is decentralized, meaning that it is not controlled by any government or central authority. It is also secure, as all transactions are recorded on the blockchain and are immutable. Bitcoin also has a limited supply, making it a scarce digital asset. Additionally, Bitcoin transactions are fast and have low fees, making it an attractive option for making payments.

Uses of Bitcoin

Bitcoin can be used for a variety of purposes. It can be used as a store of value, as it is a scarce digital asset with a limited supply. It can also be used as a medium of exchange, as it is accepted by many merchants as a form of payment. Additionally, Bitcoin can be used as a speculative asset, as its price is highly volatile and can be used to make profits.

Conclusion

Bitcoin is the world’s first and most well-known cryptocurrency, enabling peer-to-peer digital transactions. It is known for its security and decentralization, allowing users to transact without the need for a central authority. Bitcoin has several features that make it attractive to users, including its decentralization, security, limited supply, and low transaction fees. It can be used as a store of value, a medium of exchange, and a speculative asset. As Bitcoin continues to gain traction, it is likely to become even more popular in the future.

Frequently Asked Questions

Q: What is cryptocurrency?
A: Cryptocurrency is a digital asset designed to work as a medium of exchange that utilizes strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Q: What is the most well-known cryptocurrency?
A: The most well-known cryptocurrency is Bitcoin, which was the first cryptocurrency to be created and is the most established digital asset around.

Q: What makes cryptocurrency so secure?
A: Cryptocurrency is decentralized, meaning that no single entity has control over it, making it difficult for outside actors to manipulate or interfere with it. Also, its primary security features are based on strong encryption, meaning that only those with the correct encryption keys will be able to access the asset or participate in the transaction.

Q: How do I buy cryptocurrency?
A: You can purchase cryptocurrency through online marketplaces or exchanges, that match buyers and sellers of the digital asset. You can also use online wallets to store and buy cryptocurrencies.

Key Trading Tips To Remember

We have been giving away our proven crypto trading plan PDF since 2015. Join thousands of people and learn to profit from trend trading. Sign up for the Free Crypto Trading Plan PDF or learn about our Altcoin Season Indicator.

October 25, 2023
Bitcoin Dumps Below 30k – July 2023

Bitcoin Dumps Below 30k – Bitcoin prices break lower passing key levels and into REVERSAL RANGES for the Bollinger Bands!

In today’s video I began with an analysis of Bitcoin’s price action across various time frames.

In examining the long-term chart on a weekly and monthly basis, I expressed concern over potential bearish movements due to a crossover of the 20-period moving average. If Bitcoin fails to recover at this level, it would signal a continued bear trend for our trading plan.

Trading Plan and Risk Management

Emphasizing the importance of a solid trading plan and risk management, I believe that every trader must prepare for all potential scenarios, be it bullish or bearish.

A trading plan should clarify when and where to enter and exit trades and how much capital to risk per trade. As a trader, it’s better to miss out on a trading opportunity than to enter a trade without a clear plan and risk management strategy.

Dealing with Market Volatility

I transitioned into a discussion on managing market volatility. The market can show significant swings, especially when there are fluctuations in the US dollar index. A potential rise in this index could lead to a crash in Bitcoin prices.

I stress the importance of being prepared to adapt trading strategies according to these swings. Notably, I point out the potential formation of a ‘one-two-three bottom formation’ in Bitcoin’s price as a crucial area to watch.

I also caution about the risks of adding onto trades too close to the initial entry point due to potential market noise.

Instead, it’s wise to wait for more space between the entry point and the stop loss to avoid being taken out of a good entry due to the ‘shark feeding and whale feeding’ zones in the market.

Analyzing the Bollinger Bands

Delving into more detailed technical analysis, I examined the Bollinger Bands. I noted that watching for a pinch in the bands and a subsequent widening can be a useful indicator for potential trends. However, I also warned that a pinch in the weekly bands might necessitate the release of short trades if the price begins to rise.

Custom Indicator for Bollinger Bands

I shared a custom indicator for the Bollinger Bands, explaining that when it turns bright green, it could signal a substantial reversal in the market.

However, I warn against impulsively adding onto a short trade when this signal is bright green. Instead, it’s crucial to observe these bright green signals, especially on longer time frames.

To finish, I invite other crypto creators to join our Discord community. This community focuses on fostering learning and sharing valuable content among its members.

Anyway, it’s great to have you along, and remember to trade safe and keep those losses small.

July 24, 2023