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Crypto Trader Reveals Strategy to Make Money in a Bull Market
- Crypto channel Crypto Banter+ believes that the market is in the accumulation stage of its next bull run.
- Analyst Ran Neuner suggests investors can use the tool “Banter Bubbles” to improve their short-term trading.
- It provides a simple way for traders to identify altcoins that may be breaking out of resistance levels by pairing price movement with charting trendlines.
Popular YouTube Channel Presents Solid Strategy for Making Money
Crypto Banter+, a YouTube channel with over 100k subscribers, is a pretty big player in the industry. The lead analyst, Ran Neuner, is well-known for providing viewers with useful tips on how to trade cryptocurrency. His latest video focuses on a potential bull market and how investors can optimise their trading plans.
Up until now we have been battling the resistance line, but once we get through it we will get into the next part of the Bitcoin bull market.
Ran Neuner, Crypto Banter Interestingly, Neuner asserts that the industry is already in the accumulation stage of a bull market. He believes the next ~600 days or so will spell the last “life-changing” run as regulations slowly pour into the industry and reduce the market’s volatility.
What Is Banter Bubbles?
The cornerstone of Neuner’s bull market investment strategy is a free tool called “Banter Bubbles”. The application is available on both mobile operating systems as well as desktop browsers. The premise is simple – investors can identify altcoin price movements with nothing more than a glance. Each coin is represented by a green (positive) or red (negative) bubble. The bigger the bubble, the bigger the price movement.
On top of that, each altcoin has its own community chat, so traders can quickly and easily identify why an asset may be underperforming on any given day. The bubbles can be filtered to target a specific sector (for example, DeFi or Gaming) or to create watchlists.
The important part of the strategy involves identifying which altcoins have seen sharp rises in the past hour, then determining if they are actually breaking out into a bull trend or not. This can be accomplished by looking for big green bubbles on Banter Bubbles, then plotting a trendline on a charting tool such as TradingView.
To be clear – there is no one trading strategy that can guarantee returns (let alone millionaires). And Banter Bubbles is basically just a crypto social media app with a unique visual interface. However, the strategy Neuner discusses is extremely simple and can be a decent way for newcomers to start learning about technical analysis and shorter-term trading.
Author
Ben Knight
Ben Knight is a writer and editor from Melbourne with a passion for all things music and finance. He enjoys turning complex topics – especially the technical details of cryptocurrency – into digestible bites that anybody can understand. He acquired his Master’s in Writing, Editing and Publishing from RMIT in 2019 and has run his own creative writing business ever since.
