Buy The Dip Whales Are MOVING - Watch THESE Levels TODAY

Everyone's talking about the big bounce in Bitcoin but let's take a look at the charts and see what they are telling us. Good morning everyone, it's the 12th of December. My name is Doug, and thanks for joining me.

These are exciting days in crypto, and I am glad to have you along. Today we're going to look at whale feeding zones, and I'm going to answer the question about what is the direction of Bitcoin next. We're going to look at Bitcoin dominance and see what that means for the next wave of altcoins.

Reflecting on Past Predictions and Upcoming Strategies

I want to reflect back on a video and a couple of coins I did in October and in September. At the end of the video, I'll focus on some strategies of small actions that will have an enormous result on your money over time. So, let's start off with the sponsor for today's video, and that is you. Um, get some with Sam asks about $3 to $5 Doge. Seriously dude, what's going to be the market cap? And somebody else came back, uh, a lot of billions here, crazy amount of billions if Dogecoin actually goes as high as I was pointing out in the charts.

Technical Analysis: Price Prediction vs. Risk Management

And at the end of the video, I'll talk more about um, technical analysis for price prediction, which is a bunch of crap, and risk management technical analysis, which is really that's our job is to manage risk and not to not to actually imagine where things can go. Nobody knows the future; all we can do is get our stop above our entry and know what our exit signal would be. And no matter where I say it might go up to, I'd still respect the one 123 top formation.

Engaging with the Community and Preparing for Market Movements

And then we have the crypto girly. What about the ladies, you know? There's I looked at my stats, and there's like zero women watching this, but I know that women are involved in this, and it's not just for men, for sure. Great video from yesterday, thank you very much. I appreciate that. Another great video, thank you, and update 4, thank you for becoming a new member. I really appreciate that. You make this worthwhile, just knowing that somebody's watching. I got to put the video out so that you get the information. So the epic crash is still in play, 31k is in play, so Renee.

Utilizing Digital Currency Traders for Financial Growth

Mon, you know if we follow Renee and Carl Moon, we've got it covered, we can't miss out.

Now, the next part that I want to go over is digital currency traders. We've got a couple of new articles there.

Neo posted how I earned $137 in crypto completely free and without investing.

If you're starting out, you've got to put all of these small things into play, and then you grow that money over time, and you keep doubling it, and doubling it, and doubling it, and the free money you had can be what turns around your life. Certainly, building up the habit of leaving that free money there and building it and growing it for two solid years without withdrawing it is really going to change your relationship with money.

Earning Through Content Creation and Medium

Really fantastic, getting lots of claps here. So that Neo is earning money from this post, and when I highlight things for Neo in this post, he also gets paid from my highlighting. If I spend more than 30 seconds on this post, he gets paid. If I leave a comment on this post, he gets paid from Medium.

Analyzing Whale and Shark Feeding Zones

Alright, now let's jump into whale feeding zones and shark feeding zones.

Let's go see what's going on here. The 12-hour is starting to pinch down, so let's move our lines in to track where that change is going. Then we go into the 4-hour time frame, and we can see here in the 4-hour time frame where I put on the bullish potential. But that actually, when we go into the 4-hour time frame, I put out that signal before the one two three had completed, before it went outside the third standard deviation inside the second standard deviation, and completed the one two three. So though I put out the alert there, it didn't pan out, it didn't signal through.

Now the 4-hour is still pretty wide, which means that the whales have a lot of room to move prices, and it's totally within their range. You got to watch out for that. So the 1-hour time frame now is moved in and pinching down, and we're getting a one two three formation where we've been outside, touched on the third. It is giving a kind of a one two three formation, and yet this is a parallel channel that for me is still a bear flag. That it's building up to take another leg down before we get to the bottom, and we create the one two three that's going to break the trend lines. That would be our next buy signal.

The Importance of Indicators and Market Data

Now we have to wait for the one two three, the break of the trend line, and the EMA crossover in some small time frame.

So I like this indicator because it gives me this bright green signal when we are getting a real reversal, and we haven't had the bright green signal since way back in the bottom here for the 1-hour time frame.

So as I go into the 45-minute time frame, we can see that we had the bright green signal for the reversal, and yet the band is pinching down where I wouldn't surprise me if prices come back down to these levels and liquidate a few more longs.

I don't know, and we'll see what goes on with the FED speaking and the new data coming out here today for the core inflation rate, the inflation rate year-over-year. This data is going to move the markets for sure, so we have to be ready for the potential for this to spike down to these levels before we get the one two three and then we'll build out a longer one two three formation.

Bitcoin Dominance and Its Impact on Altcoins

And as I was talking about in the members' video yesterday, it's partly because of what I've seen in the Itchy Moka cloud in a longer time frame. I think we're going to spend a couple of weeks sideways here, and during that time, we're going to have some amazing moves in Bitcoin dominance. So this is where Bitcoin dominance is going to be really taking its move and dropping from here. If we get Bitcoin dominance dropping from here, that means that the altcoins are going to be taking off.

Diving into the Alt Season Co-Pilot

So let's go into the alt season co-pilot and see what's going on there. We can see that the spreadsheet is actually being updated right now as we speak, so the data may change as I'm talking here. So here we can see how um, Shandra is going through the charts right now, and she's looking at each chart, and she's assigning the value to each, the color code value to each of these charts depending on where that chart is according to our trading plan.

So alert, the yellow color means that the trading signal is almost there, be alert, it could be turning up right away. So when something is in alert status and then changes to hold status, that's telling us that we should be picking that up, a small little Wei trade of that, that our portfolio should be expanding into holding just a tiny little bit of that coin. And then we just watch for the one to three top formation to play out, and when they do, we get the exit status. Here we go to partial hold status, so we sold, took part of our profit here, we exited totally on this coin, and it's back into neutral, and it'll come back around into alert status and back into hold status when those EMA cross over again.

Community Requests and Chart Analysis

Now I'd like to feature some of your requests. I pulled up some data from the so chart that we posted in October the 1st, and some phenomenal gains there. And then I did a follow-up on the video that I created September 28th on the Rune price chart, so that you can go back and watch that, 245 insane, and that there's going to be so many more of these, it's crazy and exciting.

Analyzing Cryptocurrency Trends: XRP, VET, and CKB

So I asked in our Discord Forum here which ones you would like me to go over, so let's take a look at XRP, CKB, and VET.

The first coin to look at is XRP.

There are a lot of XRP army fellers out there, but the chart doesn't really get my attention that much. It just hasn't done that much, and I don't get it. It could be building up in the US dollar value, but certainly holding Bitcoin would have done a lot better over this period of time.

As it's coming down into these levels, it does give a potential for a trading signal for us because it's giving these massive wicks down, and then it's coming into an area that gives us the risk to reward ratio that would be acceptable. You could take that little bit of risk with a little bit of money, and if it did go up, you could get your stop above your entry and then you could sit on that and see what goes next. But as for growing my Bitcoin, I don't see that XRP does the big pumps. It didn't do the big pump in 2021 that is pretty much a prerequisite for me.

VET's Strong Performance and Potential

VET has made some nice US dollar gains. It did some craziness in 2021, so this is way more on my radar than is XRP for sure. So now if I go into VET, yes, and if we go into the VET chart and we see that if we had put in one Bitcoin, nice easy math, into this at 100 satoshi because I don't want to think, and it went up a whole bunch, I could get in late and I could get out late, and I would still double my Bitcoin on this kind of move. This is really great. To see that it's come down to a formation like this, and I can just put a little bit in there and then wait for it, just sit on it, for sure this is one of the coins that I love this kind of chart. This is really what I've been watching for, what I'm super excited about.

Now we got to watch for that moment where we have the risk to reward ratio that is acceptable.

So this is a little harder because it's already taking off. It's so small satoshi. I could throw $10 in that, and I would leave my stop way down, so I would almost lose a third of my money on this because of the low satoshi rate, but you know the pumps, you just get massive percentage gains on these too. It's really exciting.

CKB's Promising Chart and Strategy

CKB, okay, say CKB. As I bring up this chart, it is beautiful. It's classic. It's what we're looking for. It's the higher lows. It's the one, two, threes that are stacking on top. And as I zoom into it, then it's giving us this nice risk to reward ratio platform, this shelf. If I always think of a like a mountain climber, can I get my toe onto this? Is it enough of a shelf for me to get my toe on if I wanted to climb here, just a little bit?

You know, all I need is a little, and then if I did get the timing correct and I can get my stop above the entry after prices are breaking higher, then I can just sit on this, and I can wait for the one, two, three top formation.

So I really like this one on the USD and on the Bitcoin chart as well because we can see that back in 2021, bit when Bitcoin dominance was dropping, this coin really gained. As Bitcoin stayed sideways, this coin really pumped.

So it does for most all of the altcoins. It seems that we're in a building stage right now, and the difficult part is to put your position on and then sit and do nothing. That's the hard part. So once we get this, and we put our $10 in on this, we have to know that that long-term plan is that we're betting on the big move coming up.

Now that this is the big shift and that we're going to wait for it, we're not going to sell out of our 10 bucks. We're going to wait for it to come back, and we're going to add on another 10 bucks. Then we're going to look for taking our profit on moves like this when it tops out. So even you know anywhere that it tops out, and I don't know the future.

I don't actually have a price target. What I have is a pattern target.

So when the pattern plays out, that's what I do. So I don't know when it's going to come up, and I can't know, but I just know the pattern, and this is what I look for.

If it does the ultimate, then this is the greatest. I can really add on safely here and really make some big bucks by getting out at the top of the parallel channel, and they're all going to do this. And we just have to find out which, just diversify wide, and then sit on those, and they'll do the work for us.

End Note and Tips on Growing Wealth with Crypto

So I'm super grateful to have you guys along. Thank you so much for the questions, thank you so much for the chart requests. 

Now I want to end this video with talking about making money because what the whole strategy is to make free money somewhere, then hold that money and make that money work for you.

So we have this specific example, another specific example from Neo 77 on how he earned money with crypto for free and without investing. Now you can grow that money. It's $137, but if you double that every year, this money will help you become a millionaire. And that's just one of the sources.

So if you want to make more money, then you can start writing on Medium, you can create your own eBook, you can publish that and create passive income over on Whop, and all of those things you can use to grow your money by following the altseason co-pilot. Diversify wide with small bits of money and then follow this pattern. Grab that profit when it makes the top formation. And that wraps it up for today's video. Thanks again for tuning in. Trade safe and keep those losses small.