Exiting Altcoins:
This thread explores multiple strategies on exiting altcoins at the end of the bull cycle. Some are more advanced than others but the goal of nailing the peak is not for everyone, you just need to get out somewhere near. Thank you for reading 👇
$BTC #CTM #ALTS
1. Beginning with some comparisons of where Altcoins in the past have peaked in relation to Bitcoin. First on the list is Ethereum in 2017:
2. Now comparing 2017 to how ETH peaked for mid cycle in 2021:
3. Moving on now to Litecoin starting again with 2017 cycle peak:
4. Litecoin peaking during 2021 mid cycle:
5. Now let's take a look at XRP 2017 cycle peak:
6. And XRP 2021 mid cycle:
7. Lastly let's have a glance at Monero, starting with 2017 cycle peak:
8. And now 2021 mid cycle:
9. (1/2) Thus, what can we conclude from this price behaviour shown above? Firstly it is very difficult to say for sure whether your chosen altcoin is going to peak alongside Bitcoin or slightly after at the 'hope bounce'.
10. (2/2) However if you look closely you will notice that if you choose to exit your alts on Bitcoin's 'hope bounce' every time, whilst you don't always get the exact peak you still get very close. So I would suggest this is the strategy that should be followed.
11. Now moving onto some more advanced TA strategies. In combination I have found the 20SMA, Stoch RSI and 5 step move to be quite effective. Note that the Stoch RSI cannot be used solely because it signals an exit for every peak up to the real one. 👇
12. Taking a look first at ETH you need to have in your mind that ETH did an 185% ish move mid cycle thus you should expect a similar percentage impulse when Bitcoin is peaking end of cycle. Again this is for more advanced traders.
13. Lastly lets take a look at Telcoin mid cycle and see how the 3 indicators played out there. Tel did a final move of 1400% ish so that is your guide for end of cycle:
14. (1/2) In conclusion, for the vast majority of you exiting on the 'hope bounce' at the end of cycle is the best strategy, keep it simple and walk away with immense profits. Bitcoin peak and hope bounce for the past 2 cycles pictured below:
15. (2/2) The more advanced TA strategies can be used if you are experienced enough, you need to be aware of what percentage gain the altcoin had mid cycle and then use the 20SMA, Stoch RSI and 5 step blow off top PA in combination. Again the RSI cannot be relied upon alone.
16. If your Altcoin does not appear here you can go and cross reference the fractals on tradingview. Perhaps my next guide will be on how you can do that.
Lots of time went into this one but hopefully it provides clarity, as always your retweets are greatly appreciated.

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More from @JohalMiles

9 Nov
Model price action update, re-entering price discovery:
-Projection remains 450k-520k
-Cycle peak around December 25th 2021
-Bear market low 65k-75k
-Expecting bear market low red line retest after wave 2
$BTC $Crypto #Bitcoin Image
Date projection explanation: ImageImageImage
Read 4 tweets
9 Nov
Altcoin Fractals TradingView Guide:
This thread gives a point to point explanation on how to overlay Altcoin fractals on top of Bitcoin so you the reader can see how your Altcoin of choice behaved when Bitcoin peaked in 2017 or mid cycle. Thank you for reading.
$BTC #ALTS $ETH 👇 Image
1. Firstly you will need to enter #TradingView and bring up the BLX as pictured below: Image
2. Next you will need to open up the add symbols tab: Image
Read 9 tweets
8 Nov
Team I've had some people say they would be interested in a newsletter.

I'm open to the idea. Format would be 2 issues a week including a general bitcoin market update, my thoughts in greater detail and crypto threads.

Vote below your approval or disapproval.
Naturally this wouldn't effect the free content I put out just I will be going into more detail on the newsletter.
Guess we'll put this on ice for now
Read 4 tweets
7 Nov
This 'exiting altcoins' thread is going to be a lot of work but I think you will like it a lot.

Naturally I cannot cover every Altcoin but I am going to show you a selection of examples using the strategy and then you can take this and implement it yourself.
$BTC #CTM #Bitcoin
Here is some memery to entertain you in the meantime.

When we spot le stupid big candle:
Post cycle peak life
Read 4 tweets
6 Nov
We are bearing witness to the Bitcoin cyber ants building a space port for 84k.
$BTC #CTM #Bitcoin
Gimme your best bullish gifs
Green candles
Read 6 tweets
6 Nov
Bitcoin's 4 year cycle:
This thread presents a guide to the 4 year cycle of Bitcoin, which is fundamentally vital to understanding how the market currently moves. Lot's of work has gone into this one, your engagement is greatly appreciated!
$BTC #CTM #4yearcycle #Bitcoin 👇👇
1. We begin with the 'halving' event. The halving of the miners reward which triggers the bull market phase:
2. After the halving event comes the bull market phase which we are currently experiencing:
Read 12 tweets

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