We explained several times in recent weeks how crypto markets are pretty misleading. One day up, the other day down. We call this a sideways market, and it comes with opportunity (for the smart investor) but also with a big risk (the pitfall of being trapped and sell at a time when the market present a great entry).
Our premium crypto members received multipe alerts per week in June. That’s a level of guidance that no other premium service out there will offer. We send guidance as we see it appear on the chart, almost in real time.
To prove this point out we are copying some quotes from recent weeks. Needless to say, our premium crypto members have an edge as they receive our insights weeks, if not months, before we publish this in the public domain.
June 16th, 2020: Bitcoin From Multiple Angles: Confusion Does NOT Equal Conclusion
The volatility within the context of a massive consolidation in crypto markets continues.
Let’s face it: never ever before did a consolidation in BTC (crypto markets) take such a long time to complete. Never.
This situation is so unique that it makes for a fascinating case study. Not so fascinating if you are invested in crypto and/or BTC, because consolidations are nerve wracking but this particular consolidation is exponentially more nerve wracking than any other consolidation (unusually long + in a hyper volatile market).
That’s why it’s more important than ever to stay focused on the charts and trends, as opposed to get nervous about each and every price move (up and down) as well as the craziest news articles / social media posts out there.
We include 5 BTC charts, and we look at them in different ways. As said many times before LESS IS MORE, you really don’t need hundreds of charts to understand the sector direction. A few BTC charts from different angles is what we need.
June 28th, 2020: Our projection and guidance for the next 3 months
We need a very, very strong bullish push to get through 10k, and the current chart setup isn’t sufficiently supportive of this.
What we believe BTC needs is a very bullish reversal formation. And we believe the weakness in the next few months may create the right conditions for this bullish reversal. Consider this to be our ‘latest and greatest’ medium term crypto forecast, only available to our premium crypto members.
June 27th, 2020: Alert! Bearish momentum in crypto
Bearish momentum is growing, and we have the ultimate bearish signal appearing on BTC’s chart today: the 3 red candles with lower bodies. This is the ultimate, real time bearish signal. It does not tell anything about how low and for how long bearish momentum will be here. It just says “bears are taking control”.
July 5th, 2020: What does the 5th day into this new crypto cycle look like?
The majority of crypto investors will get disappointed, frustrated, etc. They will get out right at a time when the market is offering an amazing entry point.
And the list we created above has the clue to identify the best cryptocurrencies to hold. All the relative outperformers, and to some extent the ones that are trading flat, are the ones we have to hold in the next bullish cycle which we expect to follow after this sideways cycle.
We MUST hold crypto A, we MUST hold crypto B, we MUST hold crypto C, and we MUST hold crypto D.
Needless to say, we left out the ‘juicy details’ as we have to respect our crypto premium members.
But just the idea, our high level thought, on what’s happening in crypto markets is what we believe we can publish in the public domain. And that’s what the quotes above should reflect.
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