How to Build a Cryptocurrency Trading Watchlist

Are you wondering what coins you should watch? Buy? How do you know which coins will be the ones to move next? Our best advice - BUILD A WATCHLIST!!! A weekly or monthly watchlist is the best way to go, but you can also build one for the longterm (a year!)

Follow along with Matt as he goes over the Total Market Cap, Bitcoin (BCH), Ethereum (ETH), Siacoin (SC), BAT, and Binance Coin charts, pointing out chart patterns and predictions on what's to come. He moves onto tracking some upcoming news and lesser known coins.


HOW TO BUILD A WATCHLIST - Quick Summary
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Step 1) Check total market cap to get the bigger picture

Step 2) Check the charts (big players like Bitcoin to start) Volume. Support. Resistance. Find a pattern!

Step 3) Looking at altcoins? Check the Ethereum chart. It's a good indicator of movement for the altcoin market in general.

Step 4) CONSISTENCY! Check your charts weekly if you can.

Step 5) Check out CoinMarketCal or similar website for upcoming blockchain developments and news on specific coins. Whens something stands out, check the ticker. In this video, Matt looks at Siacoin, BAT, Binance Coin.

Step 6) Matt suggests using the Tabtrader app to make a watchlist. Price box and set alerts.


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DISCLAIMER
Nothing I say should be taken as investment advice. This is for entertainment purposes only. I am not a registered financial advisor, however I am a consistently profitable trader. Please do your own research and make your own investment decisions.