๐ The Wait Is Almost Over! ๐
The alt season weโve all been waiting for is just around the corner. Now is the time to apply cycle indicators and pick up the coins with the highest potential.
I was less active in January due to the 3-day cycle failure on most coins. The last 60-day cycle of the weekly cycles didnโt present favorable buying opportunities.
But now, itโs finally time to aim for those 100%-200% gains with relatively lower risk. ๐ฐ๐ฅ
(Premium subscribers are already scouting coins in our chat! ๐)
๐ด Not So FastโPatience Is Key! ๐ด
Just because some altcoins dipped 60-70% over the last two months doesnโt mean theyโll immediately skyrocket and deliver 100%-200% gains. ๐ You still need to buy in the โgreenโ territory on the cycle indicatorsโotherwise, you risk getting rekt.
๐ Bitcoin Update:
BTC is slowly approaching its 60-day cycle low at the end of the month. The 3-day cycle topped above 80, meaning thereโs a high chance Bitcoin will continue down toward the 90s area.
๐ค What? More blood on the charts?!
Yes, possibly. Right now, there are two types of people:
1๏ธโฃ Those who believe the top is in.
2๏ธโฃ Those who think February will be extremely bullish.
๐ My Take?
Once both groups are confused, the real move up begins. This could happen in March, when the 3-day cycle resets and BTC makes another move down to shake out traders. ๐ฅ
๐ Short-Term Bearish? Long-Term Bullish! ๐
Hereโs the thingโwhen the 2-week cycle is trending downward, we usually donโt perform well. ๐ฌ Could we reverse early? Sure! But for this to happen, the 3-day cycle needs to drop to ~20 and bounce.
๐ If the 3-day cycle falls (which it will unless we pump soon), February could be rough.
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๐ No, donโt panic! This is actually the best-case scenario. It will allow us to position ourselves for the most explosive part of the cycle, where altcoins can jump 50%-100% in a single day. ๐
Even if Bitcoin dips to $88K, Iโm not worriedโIโll be buying more BTC and high-performing altcoins.
๐ Master, When Should I Buy Bitcoin?
โ
Wait until the 3-day cycle drops below 20 and aligns with the 1-day cycle.
โ
Sell when the 1-week cycle goes above 80 and aligns with the 1-day cycle (or if super bullish, the 3-day cycle).
๐ Try this strategy and tell me how much youโve made before summer. โ๏ธ๐ฐ
๐ฅ Altcoins Are Heating Up! ๐ฅ
I have to admitโthe altcoin market is looking better every day. If youโve been using my Unified Cycle Indicator, you might have already spotted the first green stripe on your chart. โ
I have to admitโthe altcoin market is looking better every day. If youโve applied my Unified Cycle Indicator, youโve probably spotted the first green strap, signaling a bottoming pattern.
Two Concerns About Altcoins (which is good - usually, I have more!)
- The 2-week cycle is still relatively high. Typically (but not always), it needs to drop below 20 for us to see the ultimate bottom for altcoins. However, one year ago, altcoins pumped before reaching the 2-week cycle bottom, so this could happen again.
- The 3-day cycle broke downward. The 1-week and 1-day cycles met below 20, indicating a local bottomโgreat! But altcoins didnโt shoot up. Instead, the 3-day cycle broke around 60, suggesting we need just a little more time for altcoins to fully bottom out.
My Game Plan?
Wait for the next 1-day cycle bottom and start scaling in. By then, Bitcoinโs 60-day cycle will be ending, and Bitcoin dominance will start to decline.
Want that awesome green/red straps indicator on your chart? Just invite two friends to join the newsletter and message me your TradingView usernameโIโll send you an invite for free.
Join My Premium Group ๐
You already know about my Premium Telegram group. If you want to be in a group with me, hunting altcoin bottoms together, reply to this email with "I want."
Donโt worry about sitting on the sidelines. I only made two trades in January, and that was the best decision I could have made!