Will Global Crisis become a Crypto Opportunity?

How to Profit (Safely) in Turbulent Times

Good morning everyone. It is the 19th of November, 2023. My name is Doug, and we're going to go through four sections in this video.

We're going to go over some news, we'll look at Bitcoin's whale feeding zone, we'll take a look at the alt season, and then at the end of the video, there's some really actually world scary news that because we are traders, we could profit from, and it kind of feels bad to profit from bad things in the world.

But let's jump into that. First of all, news.

Crypto News and Legal Battles

We've been watching Ethereum's name service and Unstoppable domains are heading to court. It seems they are arguing over a patent, and I don't know anything about it. Lobby spending surpasses $20 million in 2023. Very good lobbying efforts out there to get the government to ease up, who knows. The Department of Justice is charging Safe Moon LLC and its subsidiaries for fraud for the sales of a security and stuff. I never got into any of that kind of stuff because it wasn't clear. Now, these guys are getting roasted. Sad to see.

Sponsor Spot and Whale Feeding Zone

Let's go on to the second part of the video. First of all, we got the sponsor spot coming up. I'm setting up the sponsor's detail, and I'll have that spot in here. I'll give details and a step-by-step of how to use the exchange who is sponsoring this detail.

World Crisis - How will Crypto React? (Dalle3 image by author)

Okay, let's go into whale feeding zone.

Whale feeding zone is narrowed down here. There we go. Whale feeding zone is narrowed down the 4-hour, narrowed down since yesterday, and the 1 hour is still nice and narrow and tight. So, any move in here, I kind of disregard, and it's probably a whale feeding spike before the real move comes in.

Nov 19 Whale Feeding Zone

Bullish Outlook and Altseason Co-pilot

As we look at this, I'm still bullish. Our system is still in full hold status. Yet, if prices do break below this one, 123 top, it will be coming close to our 4-hour EMA crossing over and giving us the exit signal on that.

All charts by author

Now, the next section of the video I want to go over is the altseason co-pilot, so that we can look at some details there. But I'm going to go back to this panel and take a look at a post I did a while ago, where I scanned 179 crypto charts and posted my 10 favorites that I thought were going to be the biggest movers in October.

Analyzing Predictions and Altseason Co-pilot

So, let's take a look at those now. My premise was, of course, looking for our trading signal, the break of the downtrend line, the 123 formation, the EMA crossovers, and I was narrowing it down to coins that had held their Bitcoin value higher than historical levels. So, if they held above May of 2023, I thought, okay, that's a good group of coins. I like that group better than the coins that failed down below those levels of May of 2023.

So, how did that actually turn out?

Review of Predicted Cryptocurrencies

Let's go through some of the charts. CFX was on the chart, one of the ones that I said I thought was going to be taking off. So, all of these with the blue that I'm going to be looking at here, I commented on them in September, thinking they were going to take off first. And this one didn't do anything. So, if I go to the next blue markers here, you can see that I had marked LIT was supposed to have done something because it held above the M lows, but no, it didn't do anything. MDT, nope, same thing, didn't do anything even though it held above the lows from the past.

Continued Analysis and Conclusion

So, my theory didn't work out. OAX, same story, no good. Ocean, same story, but I like that consolidation. Now, here's one that did kind of do something, RNDR, it jumped up a good little bit here. And let's see the last of those 10 that I selected, didn't do much of anything, a little fake-out there, maybe a bit in UNFI, and it could be setting up for much more after this, but nothing so far. And Walton coin also did not much of anything.

So, my shortlist here wasn't the group of coins that did the best.

Using Altseason Co-pilot for Analysis

So now, the altseason co-pilot can tell us which are the coins that did the best.

We can go into the altseason co-pilot, and I can use the filters to bring it down to show me which are the coins that held in hold status the longest. So, I can change this data here to show me the coins that held in hold status for 6 days or longer and show me what status they are in right now, according to our trading system.

So, these are the coins that are in partial hold status. The 4-hour EMA has crossed, and it could be coming up for us to go into full exit if those EMAs continue to cross and Bitcoin dominance continues to go up.

So, I was able to go through this and I just went through each different until I found where was The Sweet Spot, and 16 was about the The Sweet Spot to give us a good number of coins that show us which of the coins that actually did the best since October because I narrowed this list down. Let me go back.

To this one and this one, I narrowed this list down to start selecting here in October, so it started counting there.

Narrow Down The List of Best Coins

So let's go take a look at that list.

Here is our list of coins that held 16 days in hold status, and here's where they are now. They're in hold status. These ones are in partial hold status. These ones in neutral. So I've got the data pretty close. I made some mistakes in it, but let's go to the first chart and take a look at these pink charts.

These are the ones that held in hold status for more than 16 days from that October 23rd. So you can see the hold status here didn't really make big gains, but it did hold and hold status. Let's go on now.

AR was the next one, did some really nice gains holding in hold status.

And as I go through this time, after time, every single chart pretty much was the group that I selected against. Those ones outperformed the coins that held against their bottoms in May from last year. So these coins that did the worst now actually performed the best at the very beginning of this alt season wave.

And at the end of the video, I'm going to talk about why I think this alt season wave is going to be madness, the world situation anyway.

So, Bitcoin prices consolidating, and it's still well in hold status. You can see that it did very well there.

And Cake also is in hold status for more than the 16 days. It made a nice bottom, same thing, long consolidation down, and it didn't give me the kind of bottom that I like to shop for. I do like to shop for the bottoms that are holding above historical levels, not the ones that have made new lows. So as this comes back to consolidate now, it's in it becomes my favor chart that I can start to do something with.

Here's another, did a long downtrend, it did the 123 bottom, but these get really difficult to you keep doing all of the one two three bottoms and getting kicked out, get in, get kicked out, get in, get kicked out. But as this is botted, and we're doing this diversified with a bot on small positions, it's going to be phenomenal. I did have it bought it in the past, and then the system changed and I don't have it yet. Let's continue on with a few more.

Here's Gala, also was in hold status for more than 20 days, and it was a surprise to me. I wasn't paying attention to it. It didn't make big moves, but it was that's okay, it's the money doing the work for us.

So Gas did the big move, and it's pulled back into a consolidation that it could be the add-on for us now. According to our trading system, we would get in here, put our stop-loss above our entry, and sit and wait for it because we don't know what the future is going to do. It did the big run-up, we could have taken some profits on the popcorn move, but now we're at a position where we could go to stage four of the trade, where we could add onto our position without adding on any risk.

We could increase our position size without increasing our risk, and it takes a lot of foreplanning ahead of time to know that this is what we're going to be doing.

So GMT is another one that held hold status for a while.

ILV, nice.

INJ, very nice, held up nicely, it's consolidating into a risk to reward ratio that would be favorable for us. So if you're doing a spot position on this, it might be a place to add on. And yet, of course, our trading system doesn't just grab to add on unless it's consolidating. We're looking for those one two three bottoms as our place to get in, and then add on for the consolidation, add on for the consolidation. This consolidation could take a lot longer, and I might want to look at the Bollinger bands to really verify on this one because it's already Done such a big move.

IOTX setting up,

here's one that's LINK. This did a great move.

It wasn't one of the biggest moves, and you can see how it came back into partial hold status. Consolidated for us over and over again as we were starting out on this really great stuff.

Look, this is probably one of the coins that I didn't change the color code on as I went through this. PYR, another one that consolidated, and you can see that it did hold support from the past a little bit better. RF maybe made some moves.

There, Rose has been great, broke out of that bottom formation. Now it's consolidating, so that we could be starting to look for a place to get a foothold in this and jump on the train.

RUNE did some great moves. I couldn't add on to that right now. We've just got to put that small trade on, put your stop above the entry, and we don't know which ones are going to make the big moves.

They just got to do them and wait and watch. So, OSMO is another one that did the long downtrend and then just blasted off. If this consolidates, I could then play now.

At the end of the video, I wanted to talk about some of the Big World Market things that are rocking us.

So, let's go to Bitcoin, let's go to the US Dollar Index, and go over a long period of time. Here, we got to go back, and this doesn't have it, we got to go back a long period of time.

But this is a massive top formation now in the dollar Index.

We nailed this top formation in our Discord, absolutely watched it day by day as that one-two-three top formation played out. Now, the Dollar Index has broken down underneath important support and resistance levels. It came up and it failed there, and more weakness from here is going to pump crypto to the moon.

And part of the reason for that is what's going on over in the Middle East, and as going to concern oil and natural gas supplies. If this Strait of Hormuz is closed, then we're going to see the US Dollar Index dropping rapidly, and we're going to be seeing oil and natural gas prices spiking, which is a place that we could make money as traders, knowing this ahead of time. We could position for that.

So, if I go into the Commodities, and we've got more details in our Discord, in the free Discord area, and in the paid Discord area, where I'm talking about this historical one-two-three bottom formation that natural gas is coming back and consolidating on top of support.

This way lets us look inside for a little one-two-three formation and start off with a tiny little position here. If it's going to be a big trend, we don't have to hurry. In fact, it's better to go slow, get a tiny position here, wait for it to consolidate again, and then add on to that. And then look for prices to come back up to the smart money concept zones. Wow, don't even show it here. Here's what we were looking at earlier, these weekly zones of natural gas.

I don't know the future.

I have no idea, but if I start off a very small position here and it does go up to those levels, that small position could make enormous profits. Anyway, join us over on our Discord, and check those things out.

If you like what you're learning here, get it all, go to the free PDF, get access to that 32-page PDF. I explain all five stages of the trade so that you could follow along with these trades.

Find the right chart, follow along with this trading system as we are crossing over these one-two-threes.

There's going to be so many great setups here. Anyway, that's it for this video. Thanks again for tuning in. I appreciate you guys being here.

Trade safe and keep those losses small.