This newsletter is sponsored by PHEMEX, the only exchange that I use to trade crypto with leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out - you know that I never endorse a product that I do not use! Remember, they are offering UP TO A $600 BONUS FOR DEPOSITING! https://phemex.com/a/ScottMelkerWe live a year in a day in crypto, and oh what a day we have had.There was justifiable altcoin euphoria across the board for the past week, which came to a climax yesterday. I shared a number of trades and ideas that quickly were in profit and others that we had been looking at hit and exceeded their targets. TRX hit its target from the setup yesterday and far exceeded it in just a few hours. INJ never triggered and DOT is now retesting the purple line as support, which is a viable entry for those daring to trade right now. TOMO is effectively doing the same.Then Bitcoin showed up to spoil the party. If you were around in 2017 and trading, you remember this pattern. Bitcoin rages, alts suffer. Bitcoin chills, alts rage. The game is getting back to Bitcoin at the right time.As an investor, I believe this is irrelevant. I think alts will do very well in the coming months and years, and there's no reason to question these lower entries. If they drop, they drop.Considering Bitcoin is approaching its all time high, now seems like a good time to watch and wait on alts and enjoy the Bitcoin show.I had leveraged longs on a number of pairs - almost all of them hit their targets or trailing stops in profit after epic gains in the past days. I made money on YFI, COMP, DOT, ADA, XRP, ETH, LTC. No complaints. Some were too quick to even share in the newsletter so I only got them out on Twitter.The market decided for me when it was time to take a breather from alts. My larger spot positions are still intact, nothing has changed. I am actually currently long LINK with leverage, which I will share below.Chart Requests stream tomorrow on YouTube: https://youtu.be/WY6Bsk5iZ8AI take chart requests from 8 AM to 1 PM EST on Wednesdays. You can send them by responding to this emailIn This Issue:Bitcoin Thoughts And AnalysisAltcoin ChartsLegacy MarketsThe Story Of John Paul DeJoriaCrypto To Be Used for PayPal Vendor PurchasesEthereum is On Schedule!IRS Sending Tax Notice To Crypto HoldersThe Wolf Of All Streets Podcast Ft. Curtis WoodMy Recommended Platforms And Tools
The Wolf Den #121 - All Eyes On The King
The Wolf Den #121 - All Eyes On The King
The Wolf Den #121 - All Eyes On The King
This newsletter is sponsored by PHEMEX, the only exchange that I use to trade crypto with leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out - you know that I never endorse a product that I do not use! Remember, they are offering UP TO A $600 BONUS FOR DEPOSITING! https://phemex.com/a/ScottMelkerWe live a year in a day in crypto, and oh what a day we have had.There was justifiable altcoin euphoria across the board for the past week, which came to a climax yesterday. I shared a number of trades and ideas that quickly were in profit and others that we had been looking at hit and exceeded their targets. TRX hit its target from the setup yesterday and far exceeded it in just a few hours. INJ never triggered and DOT is now retesting the purple line as support, which is a viable entry for those daring to trade right now. TOMO is effectively doing the same.Then Bitcoin showed up to spoil the party. If you were around in 2017 and trading, you remember this pattern. Bitcoin rages, alts suffer. Bitcoin chills, alts rage. The game is getting back to Bitcoin at the right time.As an investor, I believe this is irrelevant. I think alts will do very well in the coming months and years, and there's no reason to question these lower entries. If they drop, they drop.Considering Bitcoin is approaching its all time high, now seems like a good time to watch and wait on alts and enjoy the Bitcoin show.I had leveraged longs on a number of pairs - almost all of them hit their targets or trailing stops in profit after epic gains in the past days. I made money on YFI, COMP, DOT, ADA, XRP, ETH, LTC. No complaints. Some were too quick to even share in the newsletter so I only got them out on Twitter.The market decided for me when it was time to take a breather from alts. My larger spot positions are still intact, nothing has changed. I am actually currently long LINK with leverage, which I will share below.Chart Requests stream tomorrow on YouTube: https://youtu.be/WY6Bsk5iZ8AI take chart requests from 8 AM to 1 PM EST on Wednesdays. You can send them by responding to this emailIn This Issue:Bitcoin Thoughts And AnalysisAltcoin ChartsLegacy MarketsThe Story Of John Paul DeJoriaCrypto To Be Used for PayPal Vendor PurchasesEthereum is On Schedule!IRS Sending Tax Notice To Crypto HoldersThe Wolf Of All Streets Podcast Ft. Curtis WoodMy Recommended Platforms And Tools