When I connected with Larry Pesavento yesterday for an interview on his Trade What You See program on the Tiger Financial News Network, we talked about bitcoin trading channels.
We also talked about upcoming trends in the S&P 500 Index, SuperMoons, astro-meteorology, and a whole lot more.
Why Bitcoin Trading Channels Are Important
But the bitcoin trading channels were a key point in our discussion. They’re a favorite topic on TFNN. especially since there’s so much continuing interest in cryptocurrencies.
That’s even more true among traders who are looking for quick profits from their market activity.
Many traders would prefer to see a return to the kind of speculative bubble we saw in late 2017. But paying attention to the trading channels can reveal equally strong opportunities.
All you have to do is be willing to trade along within the boundaries of the current trading channels. Then watch for breakouts, shifts and divergences.
Here’s a video recording of the complete interview with Larry Pesavento on February 1, 2019: