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Is Anybody Trading Crypto Anymore?


We saw a fast drop for BTC below $6450 after the close Tuesday with no volume (even on XBT so far which is different) and a quick rebound back.

What’s going on? Here’s what we see happening: 1) TRIANGLE PATTERN It’s normal for tighter range moves and lower volume before a “high volume big move” in BTC’s current Triangle Pattern — so patterns say this continues to be the calm before the next storm 2) NEW NORMAL IS NORMAL! The Crypto market is “maturing” — a couple of weeks consolidating in a price range is NORMAL for markets — crypto traders are just used to 20% - 50% moves every day…. 3) WATCHING PAINT DRY IS ONE OF “THEIR” TRADE STRATEGIES — Whales and bots have endless time to play games and take your money while you get frustrated, stop watching and miss big moves. However, as XEM chart below shows there continue to be “selective BIG moves” so it’s not all “watching paint dry” and that means SOMETHING. HISTORY SAYS KEEP WATCHING CLOSELY With major players trading crypto it’s worth knowing stock market patterns and we think this chart showing monthly pattern for stock VOLATILITY is worth keeping in mind.  width=      width=  width=  width=  width=

About CryptoPatterns


Cryptopatterns mission is to help everyone build investment and trading strategies that allow them to stay safe and profitable. We strive to protect traders and investors through education and financial management strategies used by professionals with decades of experience in a wide variety of global markets. We are an educational service that has informed 1000’s cryptocurrency traders and investors since 2016. We’ve proven and refined our approach through over 40 years of combined trading and investing experience. We offer the information and training of key fundamentals that are essential to successfully participate in the highly volatile and often dangerous new cryptocurrency market. As the internet explosion of the early 2000’s proved, new technologies can have an important place in everyone’s financial portfolio. We are committed to helping those who do not have unlimited resources and insider information participate in the cryptocurrency revolution in a way that fits their personal financial position, and achieve long-term success safely and profitably.

Author's web site: https://www.cryptopatterns.net/


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The Options Insider Radio Network

The Options News Rundown

Your source for the most important news and information from the world of options.

The Options News Rundown

The Options Insider Radio Network

All of our radio programs in one convenient place.

The Options Insider Radio Network

Options Insider Radio

The original options podcast. Features interviews with leading options figures.

Options Insider Radio

The Option Block

This high-octane program features education, analysis, strategies and unusual activity.

The Option Block

Volatility Views

The premier radio program for volatility traders.

Volatility Views

The Long And Short Of Futures Options

Your source for futures options information.

The Long And Short Of Futures Options

The Advisor's Option

Arming advisors with the info necessary to manage risk.

The Advisor's Option

Options Boot Camp

Get into peak options trading shape.

Options Boot Camp

Options Insider Special Events

Compelling panel & special event recordings from the options world.

Options Insider Special Events

OIC's Wide World of Options

A dynamic mix of current events, investor resources, & strategy insights.

OIC's Wide World of Options

Trading Tech Talk

We break down all the amazing technology that takes your trades from the click of a mouse to the clearinghouse.

Trading Tech Talk

Options Playbook Radio

Break down cutting-edge options strategies and learn how to incorporate them into your portfolio

Options Playbook Radio

Options Oddities

We track all the unusual options trading activity on Options Oddities.

Options Oddities

This Week in Futures Options

The program designed to help active futures options traders stay on top of this ever-changing marketplace. 

This Week in Futures Options

The Business Show

If you like business, if you like humor, if you like stock symbols, this is the podcast for you.

The Business Show