Howdy traders, it’s Matt here.
If you’re hesitant to trade, remember that three out of four stocks follow the market.
Which means when the market’s hot like this, there are more opportunities to profit.
And the opportunities are even bigger.
We haven’t seen consistent runners like this since 2021.
For example, Motorsport Games Inc. (NASDAQ: MSGM) was trading at $2 per share last Monday. Three days later, on Wednesday, it spiked past $70 in premarket hours.
Take a look …
MSGM chart 10-minute candles Source: StocksToTrade
And that’s just one ticker.
- Genius Group Limited (AMEX: GNS) spiked +1000%
- Hellbiz Inc. (NASDAQ: HLBZ) spiked +350%
- BuzzFeed Inc. (NASDAQ: BZFD) ran +340%
January 2023 has been crazy!
Luckily, for those interested in crypto, we’ve got two hot markets to take advantage of.
Today I’ll show you how the power of two bull markets can cause predictable profit opportunities …
The stock market is on a rally in 2023.
Here’s a chart of the S&P 500 ETF Trust (NYSE: SPY) …
SPY chart 1-day candles Source: StocksToTrade
And Crypto is on a big rally as well.
Here’s a chart of Bitcoin (BTC) …
BTC chart 2-hour candles Source: BitcoinWisdom.io
Whenever I think of a strong crypto market and a strong stock market. I think of crypto stocks.
The biggest I know is Coinbase Global Inc. (NASDAQ: COIN).
And since January began, the stock is up +170% …
COIN chart 1-day candles Source: StocksToTrade
And it’s not necessary to be first to this move.
The stock’s been pushing higher for weeks but one of the best plays was just last Thursday.
Take a look at this hypothetical trade on an intraday chart.
The price consolidates sideways under key resistance at $80 before breaking to new highs …
COIN chart 1-minute candles Source: StocksToTrade
That trade would yield 7% profits.
And 7% might not seem like a lot. But it’s a predictable profit strategy. And predictable profits are safe profits.
That’s why I’m so excited for a very specific token in February.
It’s just such an obvious spiker.
Matt Monaco Believes this Could be the LAST Chance to Make this Kind of Money In Crypto…
I don’t have a position yet, I’m still waiting for it to set up perfectly. But considering the market right now … this thing is ready to launch.
I’ll let you know how it goes …
See you in the next letter.