Issue 34 – How I’m Trading These Markets


I usually share lessons and general insights in this newsletter. But I thought it would be helpful to talk about specifics in today’s issue.

More to the point, how I’m trading these markets.

I’ll share with you which markets I’m trading and how, including my thought process for where cryptos may be going over the next few weeks.

Let’s get to it!

What I’m Trading and Why

You may have seen my tweet last evening that called for another round of weakness.

Not everything was breaking down when I tweeted that. For instance, ETHUSD was still holding well above the support I mentioned in Wednesday’s video.

I made that comment because of VET and ADA. Both were breaking below key support on the hourly.

Markets don’t often break out at once. However, in a market as correlated as crypto, you can usually find a few markets that are leading the way.

VET and ADA were the canaries in the coal mine, so to speak.

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Justin Bennett

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About the Author

I'm Justin Bennett, a currency trader turned crypto enthusiast. My journey started with stocks in 2002. After limited success, I transitioned to currencies in 2007, which later became a full time trading gig. The journey continued, and in 2020, I committed to learning about cryptocurrencies. It was love at first sight. Cryptocademy.com is the culmination of my love for cryptocurrencies, my passion for financial markets, and desire to learn and teach.

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