Cryptocurrency Trading at EWT – ElliottWaveTrader

What Members Receive:

• Intraday Analysis in Our Trading Room on Bitcoin, Ethereum, and high quality, tradable alt-coins and Crypto-related stocks, including key supports and resistance.
• Symbol Request Tool enabling members to get chart work-ups on demand.
• Nightly & Weekend Crypto Report on Bitcoin & Ethereum, plus ETHBTC and the Grayscale Bitcoin fund (GBTC).  Weekend report includes longer-term counts.
• Live Webinar Each Saturday Morning that provides expanded detail about Bitcoin, Ethereum and selected other coins.
• Weekly Altcoin & Crypto Equity Report, covering coins and crypto-related stocks we’re either trading or watching closely for a trade, with entry and profit-taking levels.
• Weekly Crypto Opportunities Sheet:  A centralized place to find the medium or micro degree trade setups that Ryan and Jason are tracking.  Members:  Learn more about the sheet and view the latest one.

About The Strategy:

Cryptocurrencies are investable tokens that, for the most part, do not give the holder the right to cash flows or any rights normal securities do. Further, there is not an accepted method of “coin valuation,” though there are many potentials debated. 

This means that participants in the crypto mark fly quite blind in regard to valuation, and instead trade purely on sentiment terms.  This is where Elliott Wave theory excels, as our methodology tracks sentiment via wave analysis.  Given this context, it is our experience that the wave patterns we see in crypto can often be purer and clearer than we see in other asset classes.

In the Cryptocurrency Trading service we use Fibonacci Pinball, developed by Avi Gilburt, to identify key price regions where cryptocurrencies should turn, as well as support and resistance for managing trades.   Using this method, we help crypto investors identify key cryptocurrency opportunities ahead of time.  This includes swing as well as long-term setups, where to enter, and where to manage risk.  And, with our eyes on Bitcoin as the center of the crypto market, we identify where bull and bear cycles begin. It can be said that where Bitcoin goes, so goes the rest of crypto.

Suggested Reading & Videos:

We strong suggest that you start to get a basic familiarity with the Elliott Wave Theory. While you don’t need to learn how to do analysis, acquiring a working knowledge of the terminology will help. We suggest reading Prechter and Frost’s The Elliott Wave Principle.  We also recommend these two videos to help you understand our analysis better and how to decipher opportunities:  “Getting Started in Trading Cryptocurrencies” and “Using Elliott Wave In Analyzing Cryptocurrencies.”

Also, we invite you to study this article on the long-term “count” for Bitcoin. This is the necessary context for the coming bull and bear cycles. Elliott Wave is a technique that works best by focusing on the longest-term projection that is valid and then honing in on shorter-term charts for a more granular view geared towards shorter-term and swing trades. This long-term chart changes a little with each [cyclical] bear, but is relatively stable over time.