About Cryptocurrency Trading

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The Cryptocurrency Trading premium service in our EWT Trading Room provides analysis and trade alerts on cryptocurrencies, hosted by Ryan Wilday, focusing on both Big Cap coins and Tokens/post-ICOs. Big Caps are the top 15 coins in terms of market cap, including Bitcoin, Ethereum and Ethereum Classic, Ripple, and Litecoin. Tokens are a name for small coins or coins built on the network of another larger cap coin. Initial Coin Offerings (ICOs) are coins that are released to fund projects and we will trade them after they are listed on exchanges. Tokens and ICOs are more speculative and it is the service participant's responsibility to decide exposure to each portfolio. See important notice about Risk Considerations.

About Ryan Wilday

Ryan Wilday

Ryan has over 17 years experience trading equities, futures and options. He was introduced to cryptocurrency in 2013 by a programmer friend and began mining and trading shortly thereafter. Though he read Prechter's Elliott Wave Principle in the early 2000's, he didn't make practical use of the theory until joining EWT in 2015. Today he melds his deep knowledge of the cryptocurrency market with Elliott Wave theory and Fibonacci Pinball.



Key Intro Articles

Thoughts on Using the Service Thu Oct 5th 2017

I wanted to put this together for new folks coming on. We haven't had too many come on since the trial but we are holding steady over 200 people. So, I want to have this to point to. So here goes: Know The Asset Class.

Trading Elliott Basics with Cryptos Wed Oct 11th 2017

This post is not for the veterans here. That is unless you never created a trading plan. If you haven't start. But, I got a PM today that was clear the person didn't have a handle on trading the wave counts. So, want to give some quick basics.

Getting Your Feet Wet in Cryptos Mon Dec 18th 2017

Reposting this article Avi and Ryan wrote a while back on Seeking Alpha so we get it archived in our Crypto education section.

Additional Articles

FYI Tue Apr 16th 2019

Just to share my view I believe there is a reasonable chance, with the setup we have in BTC that we have bottomed. If we move to $5300 and then only see a corrective retrace then I know. There is quite a mess on many charts, but that's wave 4 for you.

Why So Many Coins? (from FA Trader) Thu Apr 11th 2019

I'm now an analyst on our sister site, FA Trader. On that site, I don't post charts, but do fundy posts. Yes, you heard that right. I'm dusting off that ol' MBA and trying to behave smart .

BCH Swing trade modification Thu Apr 11th 2019

Note I took the limit order on BCH and modified it to current price $269 on Coinbase with a $263 stop. Very tight against the possible 1-2,i-ii. the previous limit was not hit. 

Sentiment Speaks: Can Bitcoin Stretch To $7,000? Thu Apr 11th 2019

Lastest from Avi and I:  https://seekingalpha.

Wave 4 Tips Tue Apr 9th 2019

Let's talk about 4th waves. Many of our swing charts are in the 4's and 5's. By that I mean they are seeing the fourth subwaves of the third wave, or the fourth wave off the December lows. Fourth waves are the hardest to trade.

Key Vid Mon Apr 8th 2019

I know we have a small influx of new people this week. I want to again post a link to one of our past webinars that many have found helpful in swing trading better, using my analysis. And, could be a refresher for the OG's: https://www.youtube.

Webinar Requests Fri Apr 5th 2019

Before I forget...Place requests for tomorrow's webinar in replies.  For new folks, I hold these Saturday's at 8:30AM Pacific / 11:30 Eastern, and it will be recorded, unless I forget to hit the button, which I did one time.

Tip of the Day Fri Apr 5th 2019

Have a read of Hoser's post overnight.  Remember, to keep my tables simple for me to manage, I'm giving you the entry tightest to the stop I just can't manage multiple entries in tables on all these trades. I need to trade too, not just post.

Reminder on Daily Charts Fri Apr 5th 2019

Just a reminder:  I am spending a lot of time on the 1H to 15m charts, simply because this swing action matters so much toward telling us whether the bear market is over or we have more to go.

Reminder Sat Mar 23rd 2019

Based on some of the requests this week, I want to put out some reminders:  1) I have over 150 charts in my data set, and I have no human ability to know them all well.

Reminder on Swing trades. Wed Mar 20th 2019

Managing the tables well on the site is hard. By no means is like real trading to me, where I trade in micro positions, at least in crytpo. Case in Point: We stopped out of ADA, but I said, I am not giving all of it up until .

2019 Outlook Webinar Mon Mar 18th 2019

Guys- The 2019 Webinar which is also public to market the service is no planned for Tuesday, March 26th, at 7:30 EST. You can register here:  https://register.gotowebinar.

Beware of Mooncounts Wed Mar 13th 2019

Spurned by some comments on the board, mostly in response to the TRX count, I want to write again, as I do often to be very wary of mooncounts. I do not put out mooncounts to tempt anyone. I do not put out mooncounts to suggest you can get rich quick.

FYI Sun Mar 10th 2019

Reminder: I'm on a plane to NY tomorrow, very early. I might be able to provide some charts in tradingview while in NY, but I do not work fast in it and I have little time during the conference.

Webinar Troubles Sat Mar 9th 2019

FYI...Sorry for the problems with the webinar. I scheduled it for last week's special time until 11:30. It seems anyone that tried after the time could not get in. I fixed that for next week.

FYI Fri Mar 8th 2019

Just a reminder before I foget....I'll be in NY for the Trader Expo, and the members meeting. If there, drop by.  But that also means after tomorrow's webinar, I will be scarce, and without Motive wave through Wednesday. 

Roadmap Wed Mar 6th 2019

I'm going to make some roadmaps this morning as we have a key moment in the attempts for higher levels. I'll attach BTC after I work on it but here is Ether. In both coins we can call them 5up off the low.

FYI Mon Mar 4th 2019

Another notification- If we see another drop tonight, I want to be clear, that I'll be looking for bottom.  We have see so many small wave 4's in at this degree.

Further Clarification Mon Mar 4th 2019

I have sensed a lot of confusion in the ETH and BTC posts. I want to double down on clarification.  1) $111 ETH and $3500 BTC are critical support for wave 2 of our wave three. Supports are not targets.

Further Clarity Mon Mar 4th 2019

One aspect of price action I was not clear on last night in the report is that this continued drop in Ether opens the door to all of wave 2 being complete sooner rather than later.

More Scalping Stuff Sun Mar 3rd 2019

After scalping for a couple weeks with Bresserts and averages, both in cryptos and the stockmarket, I want to express a concept that I came on early in its use, and has worked well. Now, remember I'm not classically a scalper.

Answer to a Good Question Thu Feb 28th 2019

I got a good question in a thread that is ESSENTIAL. My primary count in Ether and Bitcoin is our wave 2 is larger. See bubble for the entry zone for that trade. However, I've been tracking an expanded flat, off the recent lows.

Ominous or not? Mon Feb 25th 2019

I want to point out something very important, about the challenge this point faces. As stated, when you reach the .764 extension and top like you have you risk having a C wave top. This condition can exist to the 138.2.

Webinar Tomorrow Fri Feb 22nd 2019

To Remind- Tomorrow morning is the experimental webinar time. My plan tomorrow is to talk about the 2019 prospects for crypto, and how I'm navigating it. It will focus on Bitcoin and Ethereum, and I'll choose a few of our favorite alts to illustrate scenarios.

FYI Thu Feb 21st 2019

After the US stock close I'm going to review charts and pick a few of the stronger charts for good swing trades. I'm feeling I've allowed this market enough to pullback. However, note that this is not a suggesting that I don't think we get more pullback.

Housekeeping Mon Feb 18th 2019

Given the uprising against how hard my charts are to see during the webinars, I'm going to try moving the Friday webinar to Saturday mornings so I can setup a small screen.

Twists and Turns Fri Feb 15th 2019

I have had a TON of folks on the board and elsewhere suggesting that BTC is in for a long base pattern. Honestly, just as folks prodded me to turn bullish in November with clear bearish price action, I get skeptical when I hear the same thing from too many.

PSA- For Situational Awareness Sun Jan 27th 2019

Just some reminder as I get some questions that hint that I can communicate better: 1) Given the levels we reached in the bear market, I have opened up more alt counts in our two large cap coins, as my previous count in Ethereum was made highly improbable.

Blockchain Stock List Sat Jan 12th 2019

Hey all- Here's the Blockchain Stocklist I have so far. When I have a chance I'm going to research holdings of the ETFs, weeding out 'low plays', let me know if suggestions.

Announcement Wed Jan 9th 2019

Service Change: After discussion, Crypto Service is now going to cover Blockchain stocks on the US exchanges and TSX, provided I can get data. Note it will take some time before I get these charts down. I do not follow them currently.

Webinars

Trading Timeframes with Elliott Wave - Apr 27, 2018

Ryan Wilday talks about how he applies this knowledge of Elliott Wave to managing his cryptocurrency model portfolios in multiple timeframes, making long-term holds, swing trades, and short-term 'scalps' as part of this trading repertoire.

Applying Elliott Wave to Crypto Trading - Jan 17, 2018

In this webinar Ryan covers the basics of Elliott Wave and how it applies to analyzing Cryptocurrency charts and generating successful trades with appropriate risk management.

Revisiting Crypto Trading for Beginners - Jan 3, 2018

In this webinar Ryan revisits getting started in the ever changing Cryptocurrency market including new discussions on security and taxes. He also showcases some of the performance in his Cryptocurrency service since the launch in August 2017.

Crypto Trading for Beginners - July 27, 2017

This 1-hour Webinar by Ryan covers the following:

  • What is a Crypto currency?
  • What are the unique benefits and risks of Crypto trading?
  • How can you enter the Crypto market?
  • Does Elliott Wave work with the Crypto markets?

Other Presentations

Ready for Cryptos to Bottom? (PDF)

Slides of Ryan's presentation at the "Crypto Intelligence" event, Las Vegas Traders Expo, Nov 14, 2018

Trading Elliott Wave + Crypto 'Predictions' (PDF)

Applying Elliott Wave and ‘Fibonacci Pinball’ to analyzing cryptocurrency charts and trading different timeframes, including setting stops and targets. Presented at the SF Money Show, Aug 24, 2018.

Securing Your Cryptocurrency (PDF)

Cryptocurrency traders need to double down on security, so they are not the source of compromise. Here are some insights.

The Risk & Rewards of Crypto Trading (PDF)

An introduction to trading cryptocurrencies and analyzing their charts using Elliott Wave. Presented at the Chicago Traders Expo, Jul 23, 2018.