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- Will The Bitcoin Whales Crash Prices LOWER?
Will The Bitcoin Whales Crash Prices LOWER?
PLUS: Recording from a Private Trading Call
Monday morning, and the charts begin with the whale feeding that we've been watching. Thanks for joining me in this video, fellas. I hope you are well.
Is This Reversal Signal Strong Enough?
So, there's a few things we're going over in today's video. We're going to check out the whale feeding zone in a second. We're going to see if prices are going to continue down from here or if this is a bounce that's going to be a bullish continuation.
Unveiling the Secret Trading Plan: A Rare Glimpse
This is a super important video for anyone who's invested in cryptocurrencies because today, I'm going to include some recording from a private trading call that I recorded this morning. And because I was answering questions, I dig deep and I reveal our entire trading plan.
So, if you watch to the end of this video, you'll understand why so many YouTubers are talking about a once-in-a-lifetime wealth-building opportunity.
But more than that, you're going to gain a specific trading plan that might set you up for retirement. Now, of course, I don't know the future, but I am preparing for some insane potentials...
Decoding the Whale Feeding Zone: A Deep Dive into Market Analysis
...and I'm going to share with you some free resources at the end of the video. So, let's jump into the whale feeding zone and then the private call that I had from this morning. Here we go.
Whale feeding zone: we can see that prices came back. I got to go out to the 4-hour time frame because here we have prices coming back outside that 4-hour Bollinger band and then coming back inside the second standard deviation. I talk about that more in the video that I'll share as we go through. So, I'll just go over to that recording now...
The Beauty of Market Poetry: Analyzing Trading Patterns
Watch all four sections of the video. I hope this really makes a difference for you. I would love to hear your comments down below.
This is beautiful poetry in the markets. Okay, go ahead. Now I see it.
If we go to the Bollinger bands and we see how it went outside the third standard deviation, yes, and then it bounced and made a one-two-three formation with our post capitulation trading pattern, yes, on the small time frame, giving us a beautiful risk to reward ratio to put on a trade plan.
I shared this in the Discord because okay, it's pulling back right into this bright green signal and pinching down now. So, it actually could stage down further from here because it's not giving us the bright green on the 1-hour time frame.
When we go back and we consider what's going on with all of the altcoins, and we just grab a random grouping from anywhere, they are all doing the Bollinger band mean reversion buy signal on the 4-hour or almost on the 12-hour time frame for some of them. So, if I zoom out to the 12-hour and it hit that...
Whale Feeding Frenzy: Capitalizing on Market Movements
...third standard deviation and then jumped back up, that's the Bollinger band mean reversion buy signal. Look at that whale feeding from the top to the past the bottom of the zone. Gobble, gobble, gobble, consolidate and off we go, totally wrecking all of the leverage traders.
And our system absorbs that. It intentionally buys at the right time here, and then the next signal we got was the Bollinger band mean reversion buy signal here, and the next signal we got was here. So, our original trade was in profit, then we could add on here safely...
Mastering Risk: Optimizing Trades for Maximum Gain
...because our risk to reward ratio would not have eaten up all the profit from our original trade, and we now have a bigger trade. And now we had the same signal again, where we are still inside our EMAs, we're still inside the trend line, we're still inside everything, and we're still not up to my target of 50,000. So, we could now add on again, right?
Our system would let us add on again here because our risk to reward ratio on that little band was so small that it wouldn't risk any of the profits that we now have from the two trades. So...
Aggressive Trading Tactics: The Fourth Stage of the Plan
...now we have the stage four of the trade add-on again, where we could be aggressive here, and I didn't have to risk any more than my original trade at the beginning. And you could tweak that for the size of the trades on each one. But here's the add-on signal here that I published, and here's the add-on signal here that I published, matching in with our trading system.
And it shows stage 1, 2, 3, 4. Stage four now, we're certainly looking for the exits as it's going up. We're certainly looking for the exits.
Why We Look for an Exit in Trading "Why are we looking for an exit? Oh, because it's going up. No sell signal, that's right. But we have that's what we're looking for now. Our job is done for the buy signals, and the last stage of our job now would be to move the stop loss above this. When prices move up, we'd move the stop loss up, and our hands are off. It's all up to the market now. It'll do a parabolic run-up, and I'll look for the next one, 1-2-3, and that one, 1-2-3, will mature just like..."
Bitcoin Dominance and Altcoin Impact "...this one where it'll hit the top. It'll have the trend line break, the trend line break, the trend line break onto the time frame that I'm going to take action on. And that time frame that I will take action on is based on our 12-hour EMA. So when it's doing a Bollinger band mean reversion buy signal on the 4-hour time frame above our EMA crossovers, that's an additional buy signal.
Predicting Doge's Movement
So this is what has already happened with Bitcoin, and we have Bitcoin dominance which ran up with Bitcoin, meaning that all of the alt versus BTC pairs got crushed down. So we can see what happened with Doge, but we now know what is going to happen with Doge as it goes past our EMAs, and it consolidates past the 4-hour EMA, the 4-hour Bollinger band mean reversion buy signal, and it goes past the Bollinger band mean reversion buy signal.
Right, we're going to have the places to add on safely, and we know that they are coming.
From $10 to $400: A Trading Strategy
We know that this will happen in all of the coins, so now we can start off with our tiny little $10 here and go, man, I totally know this is going to be 400 bucks by the time I get to here because I'm going to put in another 10 here when it all comes back and everybody's wetting their pants.
(note: ai changed my swear word while keeping most all wording exact.)
And I'll put another 10 in here, and that's going to turn into 400 bucks by the time it comes up to the top, and it's breaking those 1-2-3s, and it tells me to actually get out. Right, it'll break the 1-2-3s, and the 4-hour EMA will cross, and I'll just close everything. Thank you kindly, and there's my $10 turned safely into 400."
Analyzing Doge's Current Position "Let me see, where is our Doge right now? And I didn't care about any of these $10s because I have a hundred of them, and I don't know which one's going to do this. But all I need to do is get my stop loss above that first one, and then it will tell me when it comes back to these 4-hour EMA, 4-hour Bollinger bands, and it's happening across all of the coins at the same time. So that's the kicker, is that we go back into all of these coins, and we start going through. Oh, see now they're..."
Reversal Signals Across Multiple Coins "...reversing already. Here's some that came down to the bottom, that that's also a reversal bullish for Bitcoin, this one. And we can go coin after coin after coin. Right now, we could take these screenshots, and later we'll show that these were the Bollinger band mean reversion buy signals on the 1-2-3. Off we go, there's our tra, the trend trading signal is up here. But the reversal, the Bollinger band on the 1-2-3s while everything else is doing it, it's like it's there. It is,
No Trick, Just Diversification
so then the trick is…
there is no trick.
We don't know, all we do is diversify across, take $10 into each from a thousand, and it doesn't have to be real money.
So here's the last, this is the year 2023, there is February, and now we had this wave, and there were some really big movers in there that would have paid for all of the financing of anything that didn't make money, for sure or definitely up money from what happened at the beginning of October. It was a nailed entry, perfect. Now we've pulled back, and it's going to do the 2021. We're going to..."
Trading Strategies for Longs and Holds "...get these, these Longs, these holds surging. All of the partial holds are going to go into hold, a bunch of these alerts are going to go into hold. Okay, so you trade both USDT and uh BTC. I watch them both, but I trade versus BTC.
So I'm watching these to see the patterns against Bitcoin. But you know, see, I'm comparing the price of it against Bitcoin. So the real thing that I'm trading is when do I go back into Bitcoin, and then I diversify into the alts again.
So I can mentally do the game of converting back and forth as I look at these charts. So I am looking at the spread as I have these up. The spread is what I'm noticing, as well as the 1-2-3 formation.
Understanding Trading Patterns
As that spread changes, that will change Bitcoin dominance. Bitcoin dominance will drop, and those spreads will change. I've got like Doge USD and Doge BTC. That's what I'm trading, the spread. So here, the spread is too high. That spread is so beautiful, and it gets even more beautiful when we go to longer time frames.
We start to consider how this is staged where, when you compare all the other coins, man, this bottom formation coming down like this is a Heaven-Sent opportunity.
Because there's going to be, once we get the Bitcoin ETFs and the Ethereum ETFs, it's only logical there will be Litecoin and Dogecoin and other coin ETFs. And when those ETFs come in, this pump is going to be nothing.
If I go to a log chart and we consider how this has earned built against Bitcoin versus Bitcoin, this is an enormous consolidation pattern. When we bring up the on-balance volume buying, we have to look at Doge versus USDT on the weekly time frame. You can see that through this consolidation here on the log form, it's got all buying, all the way across here, all of 2023.
The entire year, it's been on balance buying, buying, buying, buying, without moving the price up. In the log form here, and that triangle often in technical analysis relates to a move up as big as the triangle is sideways.
So we're talking about $3 to $5 per Dogecoin.
Wow, yeah, yeah. And they're 10 cents each right now.
Get the free PDF. This is what's inside it.
You get the free PDF. You get our original EMA indicator. You get this Mega study from 2018 that you just can't miss. I'll give you a link to our AI trading coach. You get access to our trading publication and links to our YouTube channel.
And that wraps it up for today's video. Thank you so much for tuning in. Trade safe, and keep those losses small.