Good morning. It's 8:30, the 29th of November 2023. My name is Doug from Digital Currency Traders. Thanks for joining me on another episode here today.

• First, we're going to jump in and go over some of the news we've been watching, and then

• we'll go over Bitcoin whale feeding zone.

• We'll check out altseason co-pilot, and

• I'll show you at the end how I made $499 US from my medium blog.

The first thing I want to highlight here is that the futures premium on BTC and ETH has reached 1.5%, close to the bull market level of March of 2021.

But I don't watch a lot of the news because my spreadsheet has been beating my own trading performance year after year with the altseason co-pilot, so I just try to trade my spreadsheet.

A couple of things I want to feature from DigitalCurrencyTraders' publication over on Medium are NFTs ex-surging, getting a resurgence, and which blockchain technologies you should use.

The next article we have was submitted by Coinpedia Markets, where they're talking about NFTs and are they going to have a resurgence now that we're getting a bit of a bull market?

And I do believe that there's probably going to be speculation on these things. So, I followed through to Coinpedia.com might have to apply as an author an share our trading articles there as well.

Whale Feeding Zone

Here's the uptrend line that I want to pay attention to. A one-two-three break of that uptrend line would be one of our first exit signals if prices are starting to drop. Got to be aware of it. We've got some hammer reversal candles up along the top there. Now let's update our bands and move this up.

So, the 12-hour has squeezed in from a few days ago, and the 12-hour now is moved in. I'm going to map out where the 4-hour is so that we can see where the cell zone is along the top for the reversals if it were to spike out there. And there is the bottom of the whale feeding zone on the 4-hour timeframe.

If I go into the 1-hour timeframe and I move our bands here, now we can mark out and watch what the change is from the 1-hour and 4-hour. So, it's been pinching and moving in and out of this and just tightening up and not really giving us any strong direction. And it hasn't poked outside that third standard deviation strong enough to give us a good signal either way for the Binger bands.

Weekly Bollinger Bands

But I do want to take a look at the weekly view and, uh, look at the Binger band width indicator. And when I look back through history, this is the most narrow that the bands have been since ever.

And if we look back to ever, it went outside the third standard deviation up for 4 weeks and then it had some major selling spikes back before running up again, pinching down and running up again, touching the top and running up again. And so, if we are at a point at the top where we could expect some moves back, are we outside that third standard deviation right now? Let's go and take a look.

If I bring that back to the present, we can see that we are inside the second standard deviation, so it could be a top formation here. And yet, it does have room to run up pretty strongly here, if the past history is anything to site, where we start going in a trend and we just stay stretching up inside between the second and third standard deviation.

So, those are my watch zones for now. And if I go into our trading system and move into the 12-hour timeframe, we can see that we're in full hold status.

The break of the uptrend line and the one-two-three top formation would have to break below these levels before our first part of our exit signal would be fired up. So, we'd be able to take a bit of bounce here without anything there. And, but it actually would have to come back pretty deep for our second EMAs to cross and give us that full exit. So, we've got some flexibility there.

Bitcoin Dominance for December 2023

Now, one of the more interesting things to me, of course, is Bitcoin dominance and looking inside Bitcoin dominance to see what the outlier coins are actually doing.

So, let's go take a look at the altseason co-pilot. Here we can see that we have 51 coins in hold status and 45 coins in partial hold status. So, that's pretty much the major stack of the coins that have really good projects that are probably going to be doing the very best.

And yet, we still have 38 other coins that are in alert status. All of those coins, we've got to go through and double-check the charts, especially the partial hold status and the alert status coins, the new alerts, the new holds. Those are the action points that we need to go in and take a look at to double-check our price opportunities.

Altcoin Trading Plan in Action. How I Plan Trades For Low Risk and BIG Gains.

And so, in no order at all, I'm just going to start with SAND and I'm going to work my way through a few charts just to look at some examples of what our trading plan would be saying to do in this position. We can see that this price chart, whatever it is, doesn't matter what the coin is, it's come down to a bottom.

It's broken the downtrend line, it's made a one-two-three bottom formation here, it's broken above it, and it's come back and tested above that one-two-three.

So, this gives us a potential to do a trade where we put on our entry like this and our stop loss below it. So, then if prices were to now float along and they come up and they hit our entry signal, our job is then initiated, and we are to now manage risk after this has happened.

So, one of the strategies is that you sit there and you do nothing and wait for price to come back and hit you, and you take that loss. The other strategy is that as prices go above your entry, you become more of a guard, and you move this up and reduce the risk as prices are moving up.

But you use this stage to filter out the coins that are pump and dumps and the coins that surge and hold. These ones will filter themselves out, and that's what stays in your portfolio.

And now we come to the moneymaking section of the post. And I want to be as quick as I can about this, so that you go and check out the articles down below. This is a good one where my friend's $3,000 a month blog just made me rethink AI again.

I like this article because they go through how this person is making $3,000 a month with their articles, and they talk about the importance of being, uh, creating a very specific voice with your AI. And your articles need to have some really specific personality, so that people are actually connecting with the personality of that voice.

So, I wanted to talk about how I'm going about doing that, and how I made $499 US from my Medium account.

Now, I didn't make this money from Medium, I made it from writing on Medium, and you can do the same thing.

I'm teaching how to do that for our writers, how to create an income symphony from your articles that you're writing. So, I share my money-making plan from content to retirement, and it starts off with making a Beehive website or a Substack website, and then monetizing those newsletters and republishing over on Medium here.

So, if you want to make more money writing on Medium, you've got to write on Medium, but you've got to have a free Beehive letter newsletter website first. Then you've got a place where you can be earning money outside of Medium, and Medium is an extra revenue source. Another thing that I recommend is that you set up a passive income stream over on by setting up your own product on, and it's really easy. I explain the steps to do it here where you can create a new store in no time.

You can easily create a new PDF, and then you can add in your Discord as a paid members area, and you've got something that affiliates can start selling on your behalf.

So, if you've been writing on Medium and you've been struggling with trying to make Medium into a revenue stream, I invite you to check out my money-making plan and how to make more money writing on Medium.

There's lots of benefit to increasing your passive income over on, but just the first couple of ideas will help you make money like this. So, you can earn $499 from promoting Beehive.

And that about wraps it up for today's episode.

So many great things going on, the charts are setting up, there's revenue streams that we can build, there's opportunities all over the place right now.

You can take these free ways of making money and then make that money work for you, and keep at these things, and you can really become financially independent just from your own initiative. I'm here to help you.

Trade safe and keep those losses small.