TechDev Newsletter - Market Update Issue #52
Progress Towards a Breakout. Alt Strengths Classified.
The market continues to be a bore for most, but today we’ll look at the reasons why I maintain the most explosive upside leg of the last 3 years is still ahead.
We’ll look at the weekly BTC chart, check its progress on our latest idea, and refresh what it needs to do to validate.
Then we’ll look again at the global business/liquidity cycle and discuss why it supports the same picture as the BTC technicals.
Since the precision of the topping window offered by such analysis is limited to a half-year, we’ll then review the 5 key topping signals we’ll be leveraging for higher precision within this window. As you’ll recall, my exit strategy is based in part on the BTC top identification.
The altcoin section will then be dedicated to classification of the first 7 alts in our Target Sheet into the Type 1, Type 2, Type 3 strength levels discussed a few issues back.
Today’s topics
Bitcoin
Weekly Bitcoin Chart
Update on The Global Cycle
5 Key Topping Indicators
Altcoins
Strength Classifications
ETH
ADA
MATIC
DOT
SOL
VRA
TEL
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