We've built a proprietary scan that notifies us whenever a cryptocurrency exceeds a certain market-cap threshold for the first time. When there's an up and coming cryptocurrency, we're the first one to know about it.

This scan flags breakthrough cryptocurrencies, allowing us to capitalize on lucrative opportunities before they become mainstream.

Every week, we create a Power Rankings table that lists the market-cap rank of the top 20 cryptocurrencies. This allows us to see the winners and losers as they climb the market-cap ladder.

Bitcoin and Ethereum persist in testing their high timeframe resistance levels, yet the true gains unfold amidst the speculative end.

 We've built a proprietary scan that notifies us whenever a cryptocurrency exceeds a certain market-cap threshold for the first time. When there's an up and coming cryptocurrency, we're the first one to know about it.

This scan flags breakthrough cryptocurrencies, allowing us to capitalize on lucrative opportunities before they become mainstream.

Last week, we discussed the high likelihood that crypto markets undergo a period of consolidation. With Bitcoin testing resistance at the former all-time highs, the longer-term technical view would seem to suggest that this is a logical area to see this consolidation take place.

Every week, we create a Power Rankings table that lists the market-cap rank of the top 20 cryptocurrencies. This allows us to see the winners and losers as they climb the market-cap ladder.

Last week, we published a variety of potential trade ideas that were shaping up. With Bitcoin still above our risk level at the time of writing that note, there were many coins breaking higher. But since the publication of that letter, many of these recent breakouts have failed alongside Bitcoin. As such, many of our trade ideas have fallen below their risk levels.

Here is the link to this week's crypto recording. This is a chance for us to zoom out, put the noise aside, and discuss the most important charts in the world of crypto.
 

This morning, I ran our emerging cryptocurrency scan, which alerts us to when a cryptocurrency exceeds a certain market-cap threshold for the first time. When a cryptocurrency is climbing the market-cap ladder, we're the first ones to know about it.

I couldn't help but mention the cryptocurrency we got alerted to today.

In Monday’s letter, we walked through how we’re monitoring Bitcoin’s downside risks in the face of an incredibly strong tape. Even though this environment is unequivocally rewarding buyers, it’s always prudent to manage our risks as traders and investors. There is still a probability that Bitcoin consolidates it’s gains near the former all-time highs achieved in 2021; but at the same time, we need to let money flow dictate our execution, not opinions.

So in keeping true to this theme, today’s letter will cover a number of new trade ideas we’re monitoring.