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Bitcoin Dominance Breaks Pattern

The AltSeason CoPilot reports a large divergence as Bitcoin Dominance Drops the past several days. This pattern of Bitcoin Dominance chart may indicate altcoin are going to out perform bitcoin prices – providing opportunity to trade the spread for profits!

AltSeason CoPilot Pie Chart is showing a wide range of ALERT status coins as the ALT/BTC spread shows promise.

Plotting the change in ALERT and HOLD status coins over time, we can see this third wave of potential moves in 2023 now seems to have greater follow-through than we saw in January and February.

Sign up for the AltSeason CoPilot. Each day we manually review each altcoin/btc chart and we update the trade status as we rebalance our model portfolio from day to day. The pie char above is our Altseason Index.

Key Trading Tips To Remember

The following article was created based on our unique trading approach. We have been giving aways our proven crypto trading plan PDF since 2015. Join thousands of people and learn to profit from trend trading.

Enhancing Cryptocurrency Profits: Decoding Altcoin Season

The cryptocurrency market offers an expansive array of profit-making possibilities. Key among them is the altcoin season, a phase characterized by a marked surge in the US Dollar value of altcoins (cryptocurrencies other than Bitcoin). The altcoin season sees altcoins’ market capitalization skyrocket at a speedier rate than Bitcoin’s price, irrespective of whether the latter’s price is steady, escalating, or dwindling. This scenario provides a valuable trading opportunity: the ALT/BTC spread.

ALT/BTC Spread: An Opportune Investment Strategy

In the ALT/BTC spread trading during the altcoin season, investors can tap into the price disparities to amplify their profits. The AltSeason CoPilot trading system is an excellent tool in this regard, offering a proven crypto trading plan replete with risk control strategies. This system helps you optimally utilize the altcoin season to enhance your cryptocurrency profits.

Deciphering Market Trends: Bitcoin and Stable Coin Dominance

A crucial indicator of the altcoin season is a reduction in Bitcoin dominance, which signifies a decrease in Bitcoin’s market capitalization as a fraction of the total cryptocurrency market cap. This signals a shift in investor focus from Bitcoin to other cryptocurrencies.

Conversely, an uptick in stable coin dominance – with stable coins serving as value stores and a medium for secure monetary transactions in the market – can be bearish for altcoins. It might denote that investors are contemplating withdrawing money from the market or safeguarding their investments against volatility.

However, a decrease in stable coin dominance is bullish, hinting at an increased investor confidence in the market and their readiness to undertake higher risk by reinvesting in cryptocurrencies.

The Power of Diversification: Navigating the Altcoin Market

While it’s true that these market trends often signify the onset of the altcoin season, the real winners within the group of altcoins might be elusive. The daily action matrix from the AltSeason CoPilot can be a reliable tool for assessing the performance of individual coins.

Moreover, an increase in stable coin usage may not always point to market insecurity. It could also reflect a heightened adoption and demand for stable coins as a store of value. Therefore, understanding these complex interrelations is vital for successful trading.

ALT/BTC Spread Trading: A Richer Portfolio

Most cryptocurrency traders concentrate on trading altcoins against the US dollar, potentially overlooking the lucrative opportunities that the ALT/BTC price spreads can present. Trading the ALT/BTC spread offers the significant benefit of enabling traders to take smaller position sizes and distribute their portfolio across multiple cryptocurrencies. This diversification strategy can help traders benefit from substantial movements in the most promising cryptocurrency markets while mitigating risks associated with non-performing coins.

Conclusion: Unlocking Cryptocurrency Profits with AltSeason CoPilot

If your aim is to unlock substantial profits from the cryptocurrency market, the AltSeason CoPilot system is your ideal ally. With its proven crypto trading plan and risk control strategies, it allows you to benefit from the altcoin season optimally. By trading the ALT/BTC spread during altcoin seasons and diversifying your portfolio, you can embrace a wide array of opportunities in the cryptocurrency market while keeping risks at bay. Always remember, focusing on long-term altcoin trends and effective portfolio diversification can be a winning strategy during the altcoin season.

Frequently Asked Questions

Q. What is altcoin season and how does it impact cryptocurrency trading?
A. Altcoin season is a period when altcoins outperform Bitcoin in terms of market capitalization and profitability. During altcoin season, it is often possible to take advantage of the ALT/BTC spread to make significant profits through crypto trading. Altcoins tend to be more volatile than Bitcoin and can be traded on both the long and short sides, enabling traders to potentially benefit from price movements in both directions.

Q. How can I take advantage of the ALT/BTC spread in crypto trading?
A. By studying the trading patterns of both Bitcoin and altcoins, it is possible to identify trading opportunities to make profits from the ALT/BTC spread. By setting entry and exit points, traders can make small profits by taking advantage of the price differences between Bitcoin and altcoins.

Q. What are the risk control strategies I should consider when trading altcoins?
A. When trading altcoins, it is important to employ risk control strategies to minimise potential losses. This includes setting appropriate entry and exit points, limiting exposure to risk and using tools such as stop-loss orders and trailing stops. It is also important to closely monitor the markets and diversify your portfolio to reduce risk.

Q. Why do altcoins tend to outperform Bitcoin during altcoin seasons?
A. During altcoin seasons, there is often a flight to safety in the cryptocurrency markets. This results in traders switching from Bitcoin to altcoins in order to benefit from the higher price movements. Furthermore, altcoins are generally more volatile than Bitcoin, making them attractive to short-term investors.

Q. What are the signs of an upcoming altcoin season?
A. There are several indicators that can signal when an altcoin season is about to begin. These include a drop in Bitcoin dominance as altcoins gain more traction, an increase in volume across exchanges, and a general market sentiment that is bullish towards altcoins.

June 3, 2023
AltSeason CoPilot – Cryptocurrency Portfolio Rebalancing Tool

Sign up for the AltSeason CoPilot. The Cryptocurrency Portfolio Rebalancing Tool That Anyone Can Actually Use.

Each day we manually review each altcoin/btc chart and we update the trade status as we rebalance our model portfolio from day to day.

Key Trading Tips To Remember

The following article was created based on our unique trading approach. We have been giving always our proven crypto trading plan PDF since 2015. Join thousands of people and learn to profit from trend trading.

Altcoin season is a period of time when the US Dollar value of altcoins, or cryptocurrencies other than Bitcoin, experience a surge in value and market capitalization at a faster pace than Bitcoin’s price. This can happen when Bitcoin’s price is stable, rising or decreasing. By trading the ALT/BTC spread during altcoin seasons, investors can take advantage of these price differences and increase their profits.

The AltSeason CoPilot is based on a proven crypto trading plan that includes risk control strategies. It is designed to help investors identify altcoin season opportunities and maximize their profits. The CoPilot is based on the principle of finding the altcoins that outperform Bitcoin during altcoin seasons.

The AltSeason CoPilot provides signals and indicators that can help traders
identify the best altcoin season opportunities.

It also features risk management tools that can help traders
manage their exposure and minimize their losses.

Another sign of an altseason is a decrease in Bitcoin dominance, which means that Bitcoin’s market capitalization as a percentage of the total cryptocurrency market cap is declining. Stable coins are often used as a way to store value and move money in and out of the market while remaining in a monetary form that is easy to convert back into other cryptocurrencies. When stable coin dominance increases it is bearish for altcoins, it may indicate that investors are seeking to move money out of the market or to protect their investments from volatility. On the other hand, a decrease in stable coin dominance is bullish because it may suggest that investors are feeling more confident in the market and are willing to take on more risk by investing into crypto again.

While this indicates that investors have shifted their focus to other cryptocurrencies, it is an average of the entire group. Within that group of coins, some will be out performing, while others are stagnant. Bitcoin Dominance doesn’t give us the specific insight about which coins are performing best but we can rely on the daily action matrix from the AltSeason Copilot.

Bitcoin Dominance Relationship Shifts

It is important to note that these relationships are not always straightforward and can change over time and we must always manage our risk exposure and be aware of common trading mistakes. For example, a decrease in Bitcoin’s dominance may not always mean that altcoin season is upon us. It could also be caused by a decrease in the overall market capitalization, as has been seen during market downturns. Similarly, an increase in the use of stable coins may not always indicate a lack of confidence in the market. It could also be a sign of increased adoption and demand for stable coins as a store of value.

Many traders in the cryptocurrency market focus on trading altcoins against the US dollar. However, by focusing solely on this approach, many traders may be missing out on valuable opportunities that trading the ALT/BTC price spreads can provide.

Diversification Of Risk Exposure

Another significant advantage of our approach to trading the ALT/BTC spread is that we recommend our traders to take smaller position sizes and spread their portfolio across multiple cryptocurrencies. By diversifying their portfolio in this way, traders can potentially benefit from explosive moves in the hottest cryptocurrency markets while minimizing risk in those coins that have no follow through.

With this approach, traders can take advantage of a wider range of opportunities in the cryptocurrency market – while keeping risks low. To unlock profits with altcoin season trading strategies, it is important to focus on identifying long-term trends for altcoins and taking advantage of portfolio diversification.

In addition to the AltSeason CoPilot, traders can also use other tools to help them in their trading. For example, Crypto Signals That Work can provide traders with timely and accurate signals to help them make informed trading decisions. Automating Your Crypto Trading Strategy can also help traders take advantage of market opportunities without having to constantly monitor the market.

Finally, traders should also consider rebalancing their portfolios to take advantage of the opportunities that altcoin season presents. This can be done manually or by using a tool such as the AltSeason Portfolio Rebalance. This tool can help traders optimize their portfolios for the best returns by rebalancing their holdings to reflect the current market conditions.

Altcoin season is a great opportunity for traders to unlock profits. By taking advantage of the tools and strategies discussed in this article, traders can maximize their profits and minimize their losses during this exciting period of the cryptocurrency market.

Frequently Asked Questions

Q: What is altcoin season and how does it impact cryptocurrency trading?

A: Altcoin season refers to a period of time during which alternative coins, or altcoins, tend to increase in value relative to Bitcoin. During this period, traders often take long and short positions with altcoins to capitalize on the spread between them and Bitcoin. As a result, altcoin season can provide a great opportunity for traders to increase their profits as altcoin prices may outperform Bitcoin during this time.

Q: How can I take advantage of the ALT/BTC spread in crypto trading?

A: Taking advantage of the ALT/BTC spread can be done through several methods. By leveraging margin trading or futures trading, traders can use short and long positions to take advantage of the spread. Additionally, traders are also able to trade on exchanges that offer a wide range of altcoin pairs, allowing traders to capitalize on price differences between different altcoins.

Q: What are the risk control strategies I should consider when trading altcoins?

A: Risk control is an important element of trading altcoins as the volatility of altcoin prices is often higher than that of Bitcoin. To reduce the risks of trading altcoins, traders should employ a risk control strategy such as setting stop-losses and utilizing a risk-reward ratio. Additionally, traders should be aware of the potential risks and rewards associated with specific trading strategies, such as margin trading and futures trading.

Q: Why do altcoins tend to outperform Bitcoin during altcoin seasons?

A: Altcoins tend to outperform Bitcoin during altcoin seasons due to market sentiment and a greater level of speculative trading activity on altcoins. During altcoin seasons, traders often take long and short positions on these coins to capitalize on the spread between them and Bitcoin, driving up their prices. As a result, these coins can provide greater potential profits than Bitcoin during these times.

Q: What are the signs of an upcoming altcoin season?

A: The signs of an upcoming altcoin season include increased trading volumes for altcoins relative to Bitcoin, higher open interest on altcoin futures markets, and a decrease in the market dominance of stable coins. Additionally, traders may also look at market sentiment and upcoming developments releasing on altcoins, such as major announcements, to identify potential upcoming altcoin seasons.

May 31, 2023
Unveiling the Secret to Our Success in the Crypto Market

I am thrilled with the incredible results produced by our AltSeason CoPilot trading system! While there may be room for further optimization in the future, it’s incredibly satisfying to witness how this powerful system kept us firmly in the BITCOIN market during its meteoric rise!

Thanks to our system’s long tested methodologies (that you can learn for free), we were able to avoid unnecessary risks by staying out of alts entirely after March 21st!

It told us to prepare for altcoin season but kept us out of alts!

Many coins flashed ALERT status, but few HOLD signals flashed

Even more important, I’m excited to announce that The AltSeason CoPilot spreadsheet has now identified an incredibly promising group of coins for us to focus on. The AltSeason CoPilot spreadsheet lets us filter and sort data from prior waves when the alts were out performing bitcoin. This lets us get some insight so we can create a shortlist of coins to focus on.

April Showers Bring May Flowers

We can filter our data to find all the coins that spent at least one day in ALERT status from January 1 until March 21, and compare those against the group of coins that spent at least one day in ALERT status from March 21 until April 12.

As Bitcoin Dominance makes a top formation the AltSeason CoPilot will be busy!

Premium Members get more! Our preparation is complete, and we’re eagerly anticipating the opportunity to put our trading system’s daily action matrix to the test as these coins cycle back into ALERT status. With our innovative approach and expert insights, we’re confident that we’ll continue to achieve remarkable results in the weeks and months to come.

April 12, 2023
CryptoBalanceBot
Looking for a hassle-free way to manage your cryptocurrency portfolio? Look no further than the DigitalCurrencyTraders.com CryptoBalanceBot – Read the news release about this proven crypto signal service that has been providing successful crypto trading signals for years!

Our cutting-edge service provides automated portfolio rebalancing and crypto trading signals, allowing you to maximize your profits without lifting a finger.

With CryptoBalanceBot, you can sit back and relax as our senior traders monitor the crypto market 24/7, analyzing market trends, identifying opportunities and managing risk. Our system automatically rebalances your portfolio as altseasons come and go to ensure optimal returns.

We also provide real-time trading signals to traders follow the portfolio without requiring the bot connection.

AltSeason, Automated

With CryptoBalanceBot, you’ll also enjoy a host of other benefits, including:
1. Increased profitability: Our trend following approach is diversified to maximize your returns, giving you the best possible chance of success in the crypto market.
2. Time-saving convenience: With automated portfolio rebalancing and trading signals, you can free up your time to focus on other things while still reaping the rewards of our cryptocurrency research.
3. Peace of mind: Our system is based on risk management first. We position to protect our investments, providing you with peace of mind and the knowledge that your portfolio is in safe hands.
4. Easy to use: The 3commas platform is easy to navigate and understand, making it simple for even the most novice investors to connect and have our bot manage a part of their cryptocurrency investments.
Who is it for?

You’ll need 0.2 BTC to follow the entire list of coins.

Learn more about the CryptoBalanceBot today and start taking advantage of our proven approach to trading Altseasons – and automate your cryptocurrency investments!

How Does It Work?

We analyze all of the ALT/BTC spreads each day so our traders can gain insight into long-term trend averages for altcoins. This data can provide traders with a broader perspective on market movements and help them identify when altcoin seasons may be approaching.

Automated trading bots like 3commas and copy trading platforms like BitGet have become an increasingly popular tool among cryptocurrency traders looking to automate and optimize their trading strategies.

These software programs are designed to execute trades on behalf of the trader. While trading bots can offer a range of benefits to traders, they also come with a number of disadvantages and dangers. Get to know exactly how your bot will work before deciding to automate your crypto trading with a bot.

A crypto portfolio rebalancing strategy can enhance performance and outperform the average by using the filtering technique of a moving average crossover to flag the first moving coins when Altcoin Season conditions are right.

By assigning our team with the task of monitoring the ALT/BTC price spreads on your behalf, you can take advantage of the volatility of the market and we ensure you are positioned to make a profit – and you are not spending all of your time watching charts and analyzing data. Our bots trade cryptocurrency altcoin season trends with the correct strategy making your money work for you, while you’re doing other things.
April 3, 2023
The Altseason Co-Pilot: Trading ALT/BTC Price Spreads

Many traders in the cryptocurrency market focus on trading altcoins against the US dollar. However, by focusing solely on this approach, many traders may be missing out on valuable opportunities that trading the ALT/BTC price spreads can provide. Let’s explore how The Altseason Co-Pilot trades the ALT/BTC spread with a simple daily routine can help YOU achieve more success with your Cryptocurrency Portfolio Management in 2023.

Identifying Long-Term Trends for Altcoins

We analyze all of the ALT/BTC spreads each day so our traders can gain insight into long-term trend averages for altcoins. This data can provide traders with a broader perspective on market movements and help them identify when altcoin seasons may be approaching.

By staying current with these trends, a simple daily routine is all that is needed to position your money so it can capitalize on the insane pumps in crypto.

The AltSeason Co-Pilot, formerly known as the Crypto SmartWatch and the Crypto BullMarket Watch

Taking Advantage of Portfolio Diversification

Another significant advantage of trading the ALT/BTC spread is that it allows traders to take smaller position sizes and spread their portfolio across multiple cryptocurrencies.

By diversifying their portfolio in this way, traders can potentially benefit from explosive moves in the hottest cryptocurrency markets while minimizing risk in those coins that have not follow through.

With this approach, traders can take advantage of a wider range of opportunities in the cryptocurrency market – while keeping risks low.

Diversify into the Altseason Co-Pilot Cryptocurrencies, based on trend following trading plan.

Exit and take profits when the trend is over.

Implementing Effective Trading Strategies

To achieve success in trading the ALT/BTC spread, traders must implement effective trading strategies that consider a variety of factors, including market volatility, technical analysis, and risk management. By focusing on these critical elements, traders can make informed decisions and minimize the risks associated with trading cryptocurrency.

The Altseason Co-Pilot for Cryptocurrency Portfolio Management

Since 2016 our focus has remained on trading the ALT/BTC spread. We want to trade altcoins only when they will grow the number of Bitcoin we have – because we believe Bitcoin will go very much higher in value, while the US dollar… will not.

To achieve success with this approach,
traders must manage risk until the trade is in Stage 3,
and then surrender the results to the market.

By doing so, our traders systematically keep their losses small,
and leave their winning trades to maximize their returns.

The Altseason Co-Pilot is an experienced aviator who has navigated through every altcoin season since 2017

The AltSeason Co-Pilot can provide valuable opportunities for cryptocurrency traders who want to become crypto millionaires.

Stop over trading, and focus on identifying long-term trends for altcoins and taking advantage of portfolio diversification.

March 16, 2023
How I Captured The Bitcoin Breakout Entry Signal on Saturday Morning
Video Chapters
- 0:00 Bitcoin Price today
- 0:30 Bitcoin TA
- 3:26 Saturday’s Signal
- 6:02 AltSeason 2023 Update
- 8:20 Crypto Signal Results
In today’s video I reveal how I captured a entry signal on Saturday mornings Bitcoin Breakout

Before I do that let’s check through the relative strength index, the on balance volume, the macd indicator, the ichimoku cloud and finally the Bollinger Bands

By following these indicators on the 4-Hour and the daily time frame we can watch for our trading signal to appear and follow along as our trading system risk control rules are applied

The important part of this video

is after about the 7 Minute Mark where I detail the historical data from our altcoin season research. We can show that there have only been six opportunities in the past that match what we are looking at right now. In those six past opportunities if we had deployed our altcoin strategy at that time we would have pulled profits out of the markets.

I don’t know the future but because our trading system is down to a very unique pattern. I do know it is an important time to watch each individual coin that is passing our trading signal.

With a simple daily routine, we can slowly build out our crypto portfolio and diversify into the most promising projects.

As a cryptocurrency trader, capturing a profitable entry signal is the first step in your trading success. In this video, I will share with you how I captured a Bitcoin breakout entry signal on Saturday morning, including the indicators, the chart patterns and the risk management I used for planning this signal.

Analyzing Indicators

Before I reveal my trading signal, let’s take a look at the indicators I used to make this trade. I analyzed the relative strength index (RSI), on-balance volume (OBV), moving average convergence divergence (MACD), Ichimoku cloud, and Bollinger Bands. Analyzing these indicators on both the 4-hour and daily time frames allowed me to get a clear picture of market trends and potential trading signals.

Trading System Risk Control Rules

After following the indicators and analyzing the market trends, I was lucky to be there when my trading signal appeared.

I applied my trading system risk control rules and left my money there to watch the market and make my trade.

The set of rules we have in place to manage risk
are more important than our price predictions.

Historical Data Analysis

In this video, I revealed historical data from our altcoin season research.

After analyzing the data, I discovered that there were only six past opportunities that matched what we were looking at right now in March of 2023.

If we had deployed our altcoin strategy during those six opportunities, we would have been able to pull profits out of the markets.

Trading System Unique Pattern

While I cannot predict the future, I do know that my trading system is down to a very unique pattern, making it an important time to watch each individual coin that is passing our trading signal.

Daily Routine for Crypto Portfolio

By incorporating a simple daily routine, we can slowly build out our crypto portfolio and diversify into the most promising projects. It is important to continuously analyze market trends and adjust our strategies accordingly.

Capturing a profitable entry signal requires careful analysis of market indicators and a solid trading system with risk control rules in place. By following these practices and incorporating a daily routine, we can increase our chances of success in the volatile cryptocurrency market.
March 15, 2023
Preparing For Altcoin Season: Strategies to Succeed

Learn about the top performers and emerging trends for the next altcoin season in 2023.

In our March Altcoin Season Index update, our pie chart shows that our portfolio is almost entirely out of altcoins, and most importantly, our main system also crossed the threshold that tells us to move to FIAT currency and get ready for the next set of 1-2-3 bottom formations.

Full EXIT For Many ALT/BTC Pairs

The CryptoSmartWatch spreadsheet shows the ALT/BTC pairs have almost completely exited positions over the recent pullback.
We’ve had seven opportunities like this since January 2021. The next altseason will be easy to see coming.

AltSeason 2023

Each time we complete an altcoinseason we can use our data to filter out the group of coins that made the best moves and compare that list against prior ALT/BTC price waves… …to come up with a HOT list of best potentials for the next altseason!

In other words, we can now look back and sort out the coins that remained in HOLD status the longest from January 2023 until March of 2023, and compare that to the group of best altcoins from prior Altseason waves… and we can be PREPARED to focus on a higher probability group of crypto projects to invest in.

The #altseasonindicator gives us the entries and exits…
the spreadsheet makes the process into a simple daily routine that anyone can do.

Crypto SmartWatch Control Panel

The smartwatch opportunities gauge, and the smartwatch entry index gauge are two of our little known tools that give us greater confidence in deploying our portfolio.

The blue line topping, and the red line bottoming – has proven to mark out when we should be prepared to run our sorting process on the hottest cryptocurrencies from our lists, because this is when the best altcoin seasons have started.

In the graph below we can see how the smartwatch opportunities index (blue line), and the smartwatch entry index (red line) change over time.

Four of the seven times since Jan 2021 were MASSIVE.

No way to know the future, but we do have a low risk way to be ready for it.

The blue line topping, and the red line bottoming – marks when the best altcoin seasons have started. Four of the seven times since Jan 2021 were MASSIVE. No way to know the future, but we do have a low risk way to be ready for it. pic.twitter.com/iUeC9VUpBg
— DigitalCurrencyTraders (@introtocryptos) March 12, 2023

Preparing for Altcoin Season 2023

As the cryptocurrency market gets smashed with bad news and fud, investors are reconsidering their altcoins. With Bitcoin’s dominance decreasing and altcoins crashing, investors should actually be looking for ways to capitalize on this trend. But with so many altcoins to choose from, it can be difficult to know where to start within all this FUD.

Altcoin Season is a period when altcoins, which are alternative cryptocurrencies to Bitcoin, experience an increase in their US Dollar value faster than Bitcoin is increasing in US Dollar value.

A little know fact

A little known fact is that we can also have an altcoin season when bitcoin prices are dropping, but altcoin prices are not dropping as fast as bitcoin. By trading the ALT/BTC pairs, we can pull out value and profits in the price changes… even in a bear market.

This phenomenon happens periodically, as it did in May and June in 2022. It can present a window of opportunity for our investors and traders to maximize their returns on growing the number of satoshi they hold, regardless of the price movement of bitcoin.

However, it’s essential to have a strategy in place to succeed during the three phases of Altcoin Season. There certainly is a time when we should be holding fiat, and not crypto. And that should be built into your plan before you start.

What causes Altcoin Season?

Altcoin Season is often driven by various factors, including market sentiment, investor demand, and technological advancements. Altcoins with strong fundamentals, innovative use cases, and promising partnerships tend to perform well during Altcoin Season. Additionally, Altcoin Season can be influenced by macroeconomic factors, such as changes in government policies, economic growth, and geopolitical events.

HOWEVER – you DO NOT NEED TO have a sound understanding of the market dynamics and the factors driving the Altcoin Season to take advantage of the opportunities it presents! Instead, a simple approach can work with just minutes per day to manage.

March 12, 2023
How Can Trading Indicators Help You?
You’ve probably heard about trading indicators and you’ve been using them without much of a plan. Let’s get specific about how trading indicators can help you better manage risk, find entries and exits and best of all – bring you peace of mind and release you from watching the charts all day.

Trading Indicators can help you make better trading decisions by providing insights into the market’s behavior. And, they can serve to deepen or to correct your own mistaken cognitive biases, so they must be used with care and objective planning.

Trading indicators are used by traders to identify trends and momentum – but when mixed in the wrong way, the result in different potential trading opportunities within the same chart pattern.

For example, one indicator may be showing an uptrend, while another indicator may be showing overbought conditions and flashing a sell signal.

New traders may not know which indicator to trust in which situation, leading to indecision and confusion.

Unexpected short term situations can have a huge impact
on the success of what could have been a good a trade.

When unexpected news or events occur, small traders may react too quickly and change their positions because of a sudden but small timeframe price movement in the market. This can make it difficult for small traders learning to manage risk and refrain from over trading.

Four Indicators That Work Together

In this article, we’ll take a closer look at a set of four free trading indicators available with a free tradingview account.
- We uncover how they can work together to verify the famous trend change pattern… The 1-2-3 Formation.
- We’ll also discuss how they help with better risk control and better profit taking levels.
So, whether you’re new to trading or a seasoned pro, I hope this short introduction to a few free tradingview trading indicators will also help you improve an aspect of your trading strategy!

What Are Trading Indicators?

At the base of it all, indicators are mathematical calculations that are based on a set of data – in our case the price and/or volume of a cryptocurrency, stock or a commodity. An unlimited variety of indicators are used by newbies and professionals to analyze the market’s behavior and to identify potential trading opportunities. Trading indicators can be categorized, and each category provides different variations of insights into the market.

Some of the most common trading indicators include moving averages, bands and channels, candlestick analysis, harmonic patterns, oscillators, pivot points, wave analysis, and trend lines… the list of indicators goes on!

Moving averages are used to identify trends, while oscillators are used to identify momentum. Trend lines are used to identify potential support and resistance levels. Band and channels can identify reversal points and counter-trend signals.

When used together with a trading plan founded on a proven risk control approach, this combination of trading indicators can unlock a new confidence in your entries and exits!

How Do Trading Indicators Work?

Trading indicators work by analyzing past market data to identify trends and potential trading opportunities. They are based on mathematical calculations, and they can be customized to adjust the risk parameters for all Five Stage Of The Trade.

Indicators Work Together

We use indicators as one of the three criteria to identify specific and objective changes in Altcoin each cryptocurrency to build our Crypto Smartwatch AltSeason index.

For example, our popular AltSeason indicator might be set to look at the price of a crypto over the past 30 days.

The indicator then calculates two different exponential moving averages of the price over that period.
Different Types of Trading Indicators

There are many different types of trading indicators, and each one provides different insights into the market. Here are a few of the most common trading indicators and a link to the basic definitions for each.
- Moving Averages – Moving averages and Exponential Moving Averages are used to identify trends in the market. They are calculated by taking the average price of a security over a specific period of time.
- Oscillators – Oscillators are used to identify momentum in the market. They measure the difference between the current price and a moving average.
  
  Relative Strength Index (RSI) – The RSI is an oscillator that is used to identify overbought and oversold conditions in the market. It measures the strength of a security’s price action over a specific period of time.
- Trend Lines – Trend lines one of the many chart patterns that can be used to identify potential support and resistance levels in the market. Trendlines are drawn on a chart to connect the higher highs or lower lows of the price.
- Bollinger Bands – Bollinger Bands are used to identify potential breakouts in the market. They are calculated by taking the standard deviation of a security’s price over a specific period of time.
We combine these indicators with three things:

our trend following trading plan,

our risk control rules and

our diversification strategy

to create a profitable, low risk approach to crypto that anyone can actually follow!
How Can Trading Indicators Help You Make Better Trading Decisions?

Trading indicators can help you make better trading decisions by providing insights into the market’s behavior.

They can help you identify trends, momentum, and potential trading opportunities.

Here are a few ways that trading indicators can help you improve your trading strategy:
1. Identifying Trends – Moving averages and trend lines identify trends in the market. This can help you determine whether a security is in an uptrend or a downtrend, and can help you trade better.
2. Identifying Momentum – Oscillators identify momentum in the market. This can help you determine whether a crypto is overbought or oversold.
3. Identifying FAKEOUT Breakouts – Bollinger Bands identify fakeout breakouts and reversals in the market. When the bands tighten, it indicates that the token price is trading in a narrow range. This can help you identify breakouts from the fakeouts and reversals.
4. Confirmation of Trading Signals – Trading indicators confirm trading signals. For example, if a cryptocurrency is showing an uptrend, but the RSI is showing overbought conditions, it may be a signal to sell the token. By using multiple indicators, you can confirm trading signals.
5. Risk Management – Trading indicators help manage risk by identifying potential stop loss levels so you take losses when they are small. For example, if a crypto is trading below a key support level, it may be a signal to exit the trade and cut your losses. By using trading indicators to identify potential stop loss levels, you can manage your risk and make better trading decisions.
Can Indicators Actually Automate Your Trading?

Trading indicators are powerful tools that can help you make better trading decisions. They provide insights into the market’s behavior and can help you identify trends, momentum, and potential trading opportunities.

By automating your crypto trades with tools for risk management, and portfolio rebalancing, you can focus on your life while your money works for you watching the price charts all day.

Three well known crypto portfolio automation services:
1. Shrimpy: Shrimpy is a portfolio management and trading automation platform that allows users to create custom trading strategies and automate trades across multiple exchanges.
2. BitGetCopyTrader.com: Copy the trades of those with a proven record.
3. 3commas: Find managed crypto portfolios to follow or set up your own automated strategy.
By using trading indicators in conjunction with other trading strategies, you can improve your trading performance and achieve greater success in the market.

However, it’s important to remember that trading indicators are not foolproof and should be used in conjunction with other forms of analysis. With the right approach, trading indicators can be a valuable addition to any trader’s toolkit.
March 6, 2023
Risk Management From Stage 2 to Stage 3 of The Trade

Watch the Feb 18/23 Members Video (login here) then return to this post.

In today’s 18 minute member video we cover more than twenty current examples of how to use support and resistance levels for Crypto Trading Risk Management.

Our job is to manage risk as we transition our new positions from Stage 2 to Stage 3 of the Trade. Managing risk is a multi-layered approach. Today we check stop levels in the new positions and talk through the reasoning for moving up some stops for profitable positions (Stage 3) and why we are leaving some of the profitable trades with stops below our entry (Stage 2).

Read our research blog as we evaluate the fundamentals of top altcoin opportunities for 2023. We aim to make informed investment decisions and manage our risk. Find out what factors to consider when evaluating a project’s team, technology, and market potential. Stay informed about crypto market regulations and use this knowledge to manage your trading risk effectively.

Discover the benefits of diversifying your crypto portfolio for effective risk management.
Learn how to choose the right mix of cryptocurrencies to minimize risk and maximize returns.

Successful trading requires effective risk management and emotional control. In today’s member video, we talk about how to identify and manage risk through all five stages of the trade in order to stay calm and focused during volatile markets. Learn the best practices and tips for entering new trades and manage stop loss levels to minimize risk and leave room for the explosive opportunities in crypto. Discover the key factors to consider, understand the options and gain the confidence to execute trades without second-guessing and continual chart-watching.

Learn how to make your money work for you while YOU do other things! Leave your money to do the dreary job of watching crypto price charts.

February 21, 2023
Reviewing Yesterdays Closed Trades after BTC.D Rise
Members video update – login to view the video and portfolio update.

Feb 14, 15 and 16, Bitcoin prices spiked higher and Bitcoin Dominance also rose – indicating that bitcoin surged in usdollar value more strongly than the altcoins as a group. As we rebalance our crypto portfolio today, the two-part focus starts with
1. double checking all the exit status coins,
2. and an important focus on reviewing the profitable Stage 3 coins and plan the trade details if we find a place to add on and increase the size of our successful positions if markets move in our favor.
The group of altcoins can be sorted into the group of coins that are out-performing bitcoin, a group of coins that are hovering at about the same, and a group of coins that are under-performing. The Crypto SmartWatch spreadsheet is a powerful tool that lets us look inside BTC.D and sort out those good projects from the rest. Our crypto signal provider offers even more detailed trading service for those who are serious about becoming a crypto millionaire.
February 16, 2023