Weekend WHALE FEEDING Zones

Good afternoon, everyone. It is the 17th of November 2023, and I've got a brand new, different style live stream for you here today. I'd love to hear your comments down below.

There's going to be four sections to this live stream. I'm going to go through some news, the Bitcoin whale feeding zone, the altseason co-pilot, and at the end of the video, each time, I'm going to talk about how to specifically make money.

So today, we're going to talk about how to become a millionaire in seven years, and all you ever need is $20 per week of extra money. I'll explain exactly how to do that at the end of the video.

Segment 1: Cryptocurrency News

Let's jump in. First, we're going to talk about some of the news that we've been watching. I'm going to use my new GPT pilot to bring up some news from Crypto Compare. I've got them all connected up together. Here's some details where the crypto funds have surpassed a billion dollars worth of inflows. That's pretty good.

Uniswap Labs have released a native app for Android. I'm sure that's going to be good for Uniswap itself since you can make swaps directly in the app. Goodbye, centralized exchanges. Why would you ever use it? I use Ledger, and it's been working great for me.

Fantastic. Anyway, crypto VCs continue to pump money into things because good business plans are good business plans. With all of this stuff coming, even when we're in a bear market, well, there are so many good things.

SEC recovers 5 billion in penalties and look at this, it's from Wells Fargos, HSBC, Scotia Capitals. Uh, I thought they hired professionals. I don't know. Anyway, I hope they turn out well for them.

Segment 2: Whale Feeding Zone

Next, I want to go over the sponsor for this video. Each day we've got a sponsor who's going to keep this channel going, and that's why we have a new style video. I'll reveal who that sponsor is in the next couple of live streams as we get things ironed out.

Now, the next thing I want to go over is the whale feeding zone. Whale feeding zone is something that I talk about, but I don't know if anybody else does. What I want to start off here is Binger bands, and then I'll explain more about the whale feeding zone and shark feeding zone as we go along.

But what I'm looking at here is the Binger band width indicator. Right now, we just came out of a period where we haven't seen the Binger bands go this narrow in the weekly timeframe since, oh, way back when. If we go back and look at way back when, it was pretty crazy, but after way back when, we had the pump, things gave a big nasty wick back that we've got to be aware of. That could happen, and we have to just be aware of that and be prepared for that kind of risk in our trades.

So, let's come back to the present now. I'm going to zoom in to the 12-hour timeframe, where each day I've been tracking the 12-hour and the 4-hour and the 1-hour to see how they're relating to one another. Anything inside that is the whale feeding zone, and the price can move within that zone without much danger to the trend in general.

So, we always have to be ready with our stops, that price could do that to us at any time. Here we are in the 4-hour timeframe. This is truly the whale feeding zone, where the whales, to me, it seems like they can move it around in that period of time. When the price goes outside that third standard deviation and it comes in and it makes a one-two-three formation, that is what I call the Ballinger band mean reversion signal.

We can see how this played out after I posted this the other day, right into a whale feeding zone, back and forth. It's crazy, and now there's no direction given in this right now. It's just a high-risk area, and small trades are the name of the game in order to survive past the volatility in this range that's always there.

Now we can look inside Bitcoin, we can look inside Binger bands a little bit better with our custom indicator, and we can see when it when we get these bands going outside these extremes, it really gives us a powerful signal. I'll detail more about this one a little bit later.

Segment 3: Altcoin Season and Trading Signals

Now I want to go into our main trading signal here. This is the EMA crossover. So if Bitcoin crosses down below this uptrend line and it confirms this one-two-three top, our main system says to lighten up our trade and go into partial hold status with our Bitcoin. But if it goes, we've got quite a bit of range now for price to spike down before our EMA cross on the 12-hour timeframe, which would be our full exit.

So we've got some volatility. We've got some space for the price to do quite a big move, and it won't take us out. If we had followed our earlier signal when the one-two-three is set up, get your stop above your entry, now you're just sitting hands-off, waiting for the opportunity to add on if it does spike back down like we saw back in days past. Then we're ready for that in advance.

So now, let's go to altcoin season. Oh, wrong chart. Let's go over to altcoin season over here. This gives us a better view. So here is what I want to look at: a zoomed-in view of this chart. You can see up along the top that we've got the same thing, uh, that zoomed in just to the last little bit of the chart here, the top chart.

So now, let me go back and expand this. I did a video the other day that talked about what Bitcoin dominance did over the last four years. I looked inside Bitcoin dominance. Every time Bitcoin dominance shifts, we can see like a bell curve of which of the coins that are shifting first.

The important thing to notice on this chart is this new red zone here. If we now get this same red zone picking up, that's a warning that alt season is easing off, and we should be watching our stop losses. However, if this red zone stays low and the dark green zone stays high, that means we are sailing into a continued bull market, and it may be like we saw back in 2021.

So there are some really exciting things coming up, and I want to take a look at just a couple of charts that we have here right now. The altseason co-pilot daily action matrix brings us a list of the coins that are passing our EMA crossovers but also that are crossing the EMA crossover.

Bitcoin vs. Dogecoin Analysis

I'm going to go back over here, Bitcoin versus Doge. So here's a signal that is a new hold in the spreadsheet. You can see the break of the downtrend line, we can see all of our signal criteria, the break of the downtrend line, we can see the one-two-three bottom formation, and price has broken above that.

So if you were considering a trade like this, we would start off with a super small position because we really don't know the future, and we put our stop loss down below this way. So, we could really have a very low risk-reward ratio on this, and we may have to do it a few times because we really don't know if the price is just going to spike and then pull back. We kind of have to protect ourselves against that, but we still have to put our trade on to be in that potential.

Altcoin Season Co-Pilot: Daily Action Matrix

Every day we can save a lot of time going through all the charts and just bring up those charts that are passing these signals. I'll look at a couple more here. We've got ES that is just coming down to pass that downtrend line, one-two-three formation. There's our alert status that lets us know to be ready on that coin, and it could cross over and be a new hold status once it breaks above this level, for my own entries. So, you'd have to review each of these to see if they cross your thresholds.

So now, EF has gone into hold status because it's done this big breakout, but it did not give me a clean signal that I could have traded here, and it probably would have kicked me out if I would have gotten in a signal earlier anywhere because I would have had my stop up here, and I would have been kicked out.

So, this is a really difficult market to trade, but when you see it over a longer period of time, and you do a smaller trade, then you can survive this kind of volatility, especially if you're doing a spot trade and it's not a leverage trade. A leverage trade is a totally different game.

So now, we'll do a couple of these every day as we go through, and we'll check out what altseason co-pilot is actually doing. Again, we're watching this top right thing that I can't point at, right up above us here. We're watching for the partial hold status and the hold status.

If the partial hold status coins are going up in the days to come and the hold status are coming down, we have to watch our stop levels. But if these partial hold status coins start going into hold status, those are really, really good opportunities.

So, all those coins that are now in partial hold status, there's 36 of them, those are really good opportunities to go through chart after chart and look for something great there.

How to Make Money: Becoming a Millionaire

Now, I want to finish up with how to make money. This is a really important thing, and be sure to go and grab the video on, uh, I looked inside Bitcoin dominance. I go into more detail about how to read this and why to read it. It's a really good video. But I want to finish with how to become a millionaire.

The moneymaking section of this is the most important. Here's the math: if you invest just $20 per week and you double that money once per year, you will be a millionaire in seven years. So, all you need is $20 per week of extra money, and our system has doubled our money for the last few years. I don't know if it'll do it again in the future, but I'm, you know, we'll just play it out for seven years and see how that does.

Crypto Influencer Side Hustle

The other thing is that you can make money as a crypto influencer right now by setting up for a side hustle in 2024. So, I'm teaching people how to do this, how to set up a beehive website, and start doing articles so that you can get posted, you can grow your followers, make money as a crypto influencer.

I show you how to get started, how to find revenue streams. It's really important, and you can do that by setting up with, and there's a post about that down below.

So then, here's my detail over on, here's one of my stores over there now, where you can sign up for the free crypto PDF, and you would be able to make free beer money by promoting our course.

So, all you have to do is give away our free PDF, tell people about it, use your referral link. And if anybody signs up, you get monthly referral income for this one, and you get a 60% referral fee if anybody buys the Extreme Indicator that we talk about here.

So, lots of different ways for you to make money.

And I'm there to help you with our Discord Community where I'll show you how to use our GPT Altseason Co-pilot to create articles. You create an article about the price trend of Dogecoin, and it looks up live prices for you and creates an article that then you could share over on your website.

Closing Remarks 

So, I've gone over my 10 minutes. I'm super grateful to have you along here. Let me know in the comments down below what else you would like to see and what you would like to see asked. Let's focus on making money and then making our money work for us. I would love to hear your million-dollar story.

Thanks again for tuning in, this is Doug from Digital Currency Traders.

Trade safe and keep those losses small.