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Altcoin Price Patterns That Actually Work
The dumbest shit in the world, but it works better than anything else
There’s a lot of really bad technical analysis in crypto. And I say that as someone who has published several courses in technical analysis.
Most attempts to predict altcoin prices ignore one salient fact.
Altcoins are a leaf on the wind of broader crypto market sentiment.
The best pattern in the world will fail 10/10 times if bitcoin goes down.
There is really only two altcoin patterns that work. In this post I’m going to show the best of them, and I’ll do another post on the runner-up in due course.
There is nothing as bullish as all time highs!
That’s pretty much it, post over…
Well, not quite.
The psychology changes instantly when a coin reaches it’s highest price, ever.
Every single person is showing a profit. Nobody is holding a loser.
People sell the things they hate and keep the things they love. They LOVE coins which make them money.
So people stop selling, and start shilling to their friends.
“I made so much money from this memecoin of a dog, you’re an idiot for not owning any”
Anyway… here’s how it works.
You are looking for a coin which has done NOTHING for as long as possible, being trapped in a trading range. The longer the trading range the better.
Then that coin must break out to the highest closing price in at least 6 months.
Look at what happened to SHIBA INU right after it broke out (I actually did this)
I use this same dumb-shit strategy to find microcap altcoin gems at the perfect time. Works 100x better than all the fancy stuff.
That’s not the main game for me though.
The bulk of my crypto investments are in my “5 coin momentum system” which is a press-button-make-money method of holding ONLY the strongest coins at any given time.
It’s performed like a boss during bull and bear phases, and in 2021 it’s turned 1 bitcoin into 12 bitcoins along the way to generating a 20x return.
For the first time ever I spilled the beans on my whole method, which is simple enough that even my 77 year old boomer dad can do it.
It’s up for a little while on the Crypto Millionaire Podcast but I suggest you check it out quickly, I’m thinking about taking it down.