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- I Scanned 179 Crypto Charts Today, Here Are My Favorite Ten
I Scanned 179 Crypto Charts Today, Here Are My Favorite Ten
Here's My Pick of the 10 Best Cryptos for October
I’m looking for ALT/BTC charts that match 3 criteria.
First, they must be making a 1-2-3 bottom, breaking the down trendline.
Second, the price chart must show an EMA cross on our custom AltSeason TradingView Indicator.
Third, and most importantly, the ALT/BTC price must be at or near the levels from May and June of 2022.
ALT/BTC price at or above May 2022 levels
ALT/BTC price below May 2022 levels
Why are these the Best Cryptocurrency Charts?
My bias is assuming the coins with the ALT/BTC ratio in October 2023 that is holding above May 2022 levels - are proven to be the few projects that are actually providing value and making a profit.
I have no idea, of course. And I don’t know the future. But I’ll track this group of coins and report on the win loss ratios.
Cutting The Big Crypto List Down
I’ll start with the HOLD Status Coins in the AltSeason CoPilot.
Then I’ll review the ALERT Status coins.
I’ll follow along with the list of coins and highlight those that match the limiting criteria.
After I completed reviewing the 74 coins in HOLD status, the 78 coins in ALERT status and finally the 27 coins in Partial Hold status,
I narrowed the list down to just 24 coin charts that match all the criteria. But I said I’ll give you my favorite ten, so I have the full list for the AltSeason CoPilot Members and I’ll leave just my top ten picks here.
I don’t know the future.
Just because these are my pick for the best ten crypto charts for October Altcoin Season in 2023 - does not mean these will be the biggest movers, nor does it mean they will go the direction I expect. So be sure you understand our risk control rules before playing with these risky and dangerous trading instruments.
CFX/BTC
LIT/BTC
MDT/BTC
OAX/BTC
OCEAN/BTC
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RNDR/BTC
SSV/BTC
STX/BTC
UNFI/BTC
WTC/BTC
Massive Bullish Signal Uncovered
The inspiration for the research is a result of data coming in from the AltSeason CoPilot Spreadsheet.
We can never tell when the next altseason will actually happen, yet we do have historical patterns that provide us with a rule of thumb.
Altcoin Season Rule Of Thumb
Compare Bitcoin Dominance to Bitcoin Price Direction
Midjourney image by author
There you have it.
No predictions about how much you might earn. Just facts.
No secret trading black box system - logical, objective trend following that has been used for more than a
century. Get the Free Crypto Trading Plan PDF.
Trade safe, and keep those losses small!
Doug