A How To Guide On Riding The Wave Of Inflows

After that, I scale profits into the fundamentally strongest large and medium caps. Currently the ETH/BTC reversal (since writing price has broken out up) indicates that, and its strongest within the family the ones to watch at the moment (as seen in the chart below).

Fortunately, with some trading education & experience, the timing of these things becomes much less of a guessing game. If you study Elliott’s Wave analysis, Wyckoff Schematics, chart patterns, volume, etc. When done correctly (as seen in the chart below) you can be on the bleeding edge of these runs. Which leads to a very happy Trading account.

Where I move weight to next has been at clear Fibonacci extensions of the runners, (which I’ve gauged from their prior movements). In this place I’ve seen it too many times to not understand and value that history may not repeat, but it often rhymes. You can most easily identify the next runners via their technical breakouts that took place as Bitcoin crept up the fib scale and corrected at the major POI’s (as seen on the chart below).

This mechanic runs down the line, all the way through the small caps, micro caps, NFT’s, etc. The way to catch massive gains is relatively easy in a bull market if you’re in it from the beginning. The next trick is to keep profits.

Step Three – Securing Profits

To retain profits there are a number of ways to gauge targets as mentioned before with Fibonacci extensions, volume paired with weekly candles, sentiment, Fibs, Elliott’s Waves and Wyckoff’s Distribution Schematics are more than enough to come out of each run with suitcases of profit. So if that’s something that’s important to you, either take the time to put the work in to learn for yourself or always be at the whim of others’ advice.

If you’re interested in what I’m doing and when keep a lookout on NewsBTC or follow me on Twitter for breakout and other relevant charts when I release them, as the run continues, or DM me if you want to learn.

I’ll leave you with a few warnings that I’ve tried to share with my students and people close to me, which are spoken from experience and only stated in hopes that these words will protect anyone reading this from the same hard lessons I and everyone I know in this place have found out the hard way, at least once…

When you feel invincible, take profits. When your extended family or friends start asking for your advice on buying crypto, take profits, and inversely when they tell you to sell, don’t. Finally, one of the most useful pieces of advice I’ve learned is, only ever aim for the “meat of the move” not the exact top.