At the end of the post, we’ll close with a brief list of cryptocurrencies that are also showing these EXACT same common factors!

JOE/BTC chart

The trade signal was published on March 20 after JOE/BTC consolidated following a strong breakout a few days prior. Waiting for a consolidation like this begins with knowing this chart pattern so you can recognize it before The Start of Altcoin Season – then the secret is to scan many markets and trade those that have this pattern… rather than waiting and anticipating for YOUR market to make this pattern.

Now, on April 6, the JOE/BTC trade has many different strategies for managing the stop loss. The AltSeason CoPilot will close the position according to this TradingView AltSeason Indicator, while the PRO ALERTS will leave the stop way back, just above the entry.

LINA/BTC Chart

The trade alert signal for the LINA/BTC trade example was published March 26. Price had demonstrated two strong prepump patterns followed by a steady selloff, and having returned to historical support levels, our system had a Risk to Reward ratio that was in our favor.

In the April 6 screenshot we can see our stop level is above our entry and risk is managed on this trade. So long as the open profit is over 51% gains, this trade will be featured in our live list of Best Coins For Altcoin Season 2023.

OAX/BTC Chart

On March 23, the OAX/BTC trade signal was published based on this long term pattern. OAX held higher lows vs BTC from September 2022, May of 2023 and now making a 1-2-3 bottom right at historical levels… This combination chart patterns didn’t give much warning before the surge – and now, something even more exciting is building up!

OAX/BTC price has pulled back and found a consolidation that is almost EXACTLY what our trading plan looks for – not as the start of altseason, but as our add on signal!

Should price break above our second buy signal, we can move the stop losses above our average entry price, and we have successfully increased our position size without increasing risk!

The AltSeason CoPilot trading plan has no provision for adding on, but instead, would be watching to exit the position because the 4 hour EMA’s have crossed bearish!!

Only our PRO ALERTS signals provide this approach – both in our model portfolio spreadsheets, and in our Automated 3commas Trading Bots.

List of New ALERT Cryptocurrencies

April 5

April 6

AltSeason CoPilot is suggesting that we should be completing the work of Stage 1 of the trade on those 29 trading pairs! The Daily Action Matrix makes it simple and easy to double check your trades.

Learn all 5 Stages Of The Trade in our Free Crypto Trading Plan PDF. See how.

It’s good to plot the number of ALERT status coins over time so we can see when they have been growing or declining over time. This graph below provides an important perspective on the importance of this shift in Altcoin Season 2023!

We plotted the number of ALERTS, and we can see how they were slowly the past week or so, but overnight we have a large group of coins that have completed 2 of 3 of the requirements for the AltSeason CoPilot to flash a buy signal!

The Start of AltcoinSeason 2023

The ALTSEASON Opportunities meter jumped higher, and the ALTSEASON Entry Index remains maxed out!!

Learn more about The 5 Stages Of The Trade in the Free Crypto Trading Plan PDF.

Don’t let ANOTHER altcoin season pass you by without a clear plan to practice!

The post Three Coins Mark The Start of Altcoin Season 2023 appeared first on Altcoin Opportunities.

I’m John. I’m from the great white north, but it’s not that cold in my part of Canada.

Well, let me tell you a little story about my own experience with crypto trading.

Back in the day, I made some money in the bull run of 2017… and I thought I was a real hotshot when it came to investing in crypto.

But boy, was I wrong.

Since then I made all kinds of rookie mistakes, like buying high and selling low, getting hosed by sudden market shifts, and generally just proved that I did not actually having a clue what I was doing. It was a real gong show, let me tell you.

But instead of throwing in the towel, I decided to do something about it. I started learning all I could about copy trading services and automated trading bots, trying to figure out how I could leverage these tools to help me get back on the right track.

How Bots Changed My Life

And you know what? It made all the difference. By using these services and bots, I stopped being so addicted to watching the charts because I knew my bot could stay on top of the ever-changing crypto market.

What a relief.

Sure, there were still some bumps in the road along the way, but I sure stopped having all those horrible days of stress worrying about my trades. And now, I feel like I’ve got a real handle on things (and I’m a lot nicer person to be around).

So, if you’re feeling like a terrible trader yourself, it sucks… that’s for sure, but don’t give up hope. hahaha you don’t have to do the trading!

There are all kinds of resources out there that can help you improve your returns, with copy trading services, automated bots, or good old-fashioned research and analysis.

Q: What is the most successful crypto trading bot?

Finding a reliable crypto trading bot that aligns with a diversified portfolio approach can be a real mess, eh? Especially if you’re new to the crypto game, it can be tough to know where to start.

One of the biggest issues with a crypto trading bot is how volatile the market can be. The price of crypto can dump faster than you can say “double-double,” which makes it a challenge to keep your investments on the up and up.

That’s where a trading bot can be a real lifesaver, bud. With a proven track record of success, a good bot can help you ride the ups and downs of the crypto market with ease. Plus, with a bot that takes a diversified approach to investing, you can increase your odds of catching those unexpected pumps that make crypto famous!

When you’re on the hunt for a trading bot that fits the bill, make sure it trades a wide variety of cryptocurrencies against the same trend following strategy. The long term track record already proved the risk management strategies, and the track recork also proves that the bot takes profits when the altcoin season wave has run its course.

That way, you can get in on the crypto scene without watching the charts all day in case you might be getting hosed by sudden market downturns.

So, whether you’re a newbie or a crypto veteran, a solid trading bot can be your bestie when it comes to investing in the world of crypto. Just make sure you do your homework and find a bot that’s the real McCoy, and you’ll be laughing all the way to the bank, eh?

Q: What should I look for when researching cryptocurrency trading bot?

You’re really looking for a crypto trading bot, aren’t you?

Well, let me tell you, it’s not just a matter of finding the first one that comes down the pipeline. When you’re researching automated crypto trading bots, there are a few key things you should keep in mind to make sure you’re not getting rekt on autopilot.

First off, make sure the bot you’re considering has a strong track record of success during altcoin season bull markets.

Look for a bot that has a proven ability to catch market trends and keep those profits. Those two things don’t always come together in the same bot like you think they would…

Next up, you want to make sure the bot you choose has a wide variety of cryptocurrencies available for trading. The more coins it has access to, the easier it will be for it to diversify your portfolio and increase the odds of catching some insane and unexpected moves.

Finally, you want to make sure the bot you choose has a maximum drawdown limit on any individual coin in the portfolio. Crypto trading is proven to be risky business and it certainly will continue to be risky and uncertain in the future. Make sure your bot is going to protect your investments against sudden market shifts and downturns.

So, whether you’re a seasoned crypto pro or a forever-newbie by choice, like me, these are the things I look for when researching crypto trading bots.

Stick to these guidelines, and I’m betting you’ll be able to find a bot that can help you stay on top of the ever-changing crypto market, keep your investments protected and most importantly – gives you back your peace of mind.

Leverage Bot? or Spot Bot?

A guy on our Discord forum asked me

“should I follow a high leverage bot that does longs and shorts or should I follow a spot trading bot that can only buy low and sell high?”

As a long term guy who favors trend following with small positions in a diversified portfolio, I would generally recommend that you consider following a spot trading bot that can only buy low and sell high.

The reason for this is that high leverage bots that do longs and shorts can be super risky, and high frequency short-term trading may also give you huge tax headaches.

Listen up, bud! I say it a lot and people seem to skip over this…

If you’re lookin’ to limit your risk in crypto trading, you might wanna focus on markets that are makin’ bottom formations off of historical lows. These markets have already taken a hit, so there’s less chance of ’em droppin’ even lower.

I’m ok to wait for those bottoms. We only need to double our money once a year so it can sit there doing nothing for months until the right time sets up – and all is good.

Think about this obvious fact, if a market is makin’ a bottom formation off of historical lows, there’s a good chance it’s been oversold and is due for a rebound.

Now, don’t get me wrong, there’s always gonna be a risk involved when you’re tradin’ crypto. But by focusin’ on markets that are bottomin’ out, you can help to reduce your risk and increase your chances of long-term gains.

My Successful crypto trading bot

By doin’ your homework and keepin’ an eye on market trends and current events, you can develop a solid strategy that’ll help you navigate the wild and woolly world of crypto tradin’.

Ya gotta do your own research but start with well known services like BitGet Copy Trading or 3commas for great bot selections. You are sure to find a successful crypto trading bot to match your needs.

The post Where can you find a successful crypto trading bot? appeared first on Altcoin Opportunities.