Wyckoff Analytics is committed to protecting your privacy. We do not sell, lease or otherwise provide your personal information to anyone, ever. You can unsubscribe at any time from this list.
The WYCKOFF CRYPTO REPORT provides regular updates on the most popular digital assets based on the Wyckoff Methodology. Our market outlook follows the principles of Supply and Demand and Market Participants Analysis as they are taught and practiced in the WTC/WTPC/WMD classes.
We are excited to launch a new video series totally devoted to crypto-assets, the Wyckoff Crypto Discussion! Join us each Thursday for a discussion of the cryptocurrency market from a Wyckoff perspective. Watch the second episode:
Submit your questions, we will be happy to discuss your charts!
Bitcoin is still outperforming the market. Some supply has emerged at the current levels, but buyers are accepting higher prices. Traders can tactically raise their stop losses. Large Caps are performing comparatively better than Mid and Low Caps (look at the higher low on the ALTPERP index). We stay with the leading asset (Bitcoin) until a Change of Behavior occurs.
The S&P is trying to reverse from the lows of the big trading range started in early September. What will happen to cryptos when the S&P reverse? Will Bitcoin continue to dominate the market, or some switch (Bitcoin->Altcoin) is going to happen? We can’t predict the market. All we can do is preparing three scenarios and act once one of three plans proves to be correct. Here is our pre-election playbook.
Let’s study these three scenarios:
Investing and trading in the crypto space requires discipline and a systematic approach. The Wyckoff Method provides a logical framework for both long term investors and intraday traders.
In these three sessions, Alessio Rutigliano illustrates how to apply the techniques used by generations of stock and commodities traders to this new emerging asset class. The course covers multiple strategies for several types of traders, from long term investors that want to participate in this new market through conventional ETNs to advanced crypto traders that want to take advantage of the high volatility and momentum of these instruments. The course includes case studies from Bitcoin and Altcoin markets and exercises.
Register here for free or comment on the report on our Twitter channel https://twitter.com/WyckoffAnalysis
I will be happy to discuss your questions in the next Crypto Reports!