[00:00] in this video i'm going to show you how you can make 100 dollars per day trading crypto on bybit so let's get straight into it right now i'm going to show you some techniques and teach you some
[00:13] patterns for trading bitcoin and also on bybit and don't forget that if you use my link below this video to buy it you will get thousands of dollars in bonus just sign up with your email
[00:25] takes 20 seconds and that's the first big money that you can get. Also guys don't forget to subscribe to my youtube channel if you like these kind of videos. Now before I go into some of the patterns to let you understand how to make up to a
[00:37] hundred dollars per day you should know that this video is not financial advice so first of all you need to deposit an amount of money or crypto after you create your public account it's very very easy you can deposit Bitcoin or
[00:51] altcoins using your wallet address you just need to copy it or scan this QR code or if you want to deposit fiat you just need to choose the currency and use your credit or debit card to deposit the amount of money that you want then we
[01:04] need to find which coin has the most potential to trade so on coin market cap we can find all the cryptocurrencies and we can check which ones have the biggest gains and biggest losses in the last 24 hours if you click here on 24 hours we
[01:18] can see the cryptos with most gains in the last 24 hours but if we click again Again, we can see the cryptos with more losses. So this can be a way for us to choose an altcoin with potential to trade here. So after big loss, there will be a recovery at some point usually.
[01:35] Now that's never guaranteed, but price actually never goes straight down or straight up. You will always find and retest the support and resistance. So this is our first tip here to be able to make $100 today. So once you've chosen your altcoin, it is time to choose a trustworthy exchange to start multiplying your money.
[01:51] Obviously in this video I'm choosing Bybit because that is my favorite exchange. If you use my link down below to Bybit you will get thousands of dollars in deposit bonus So just click and sign up and then that the first money that you can get So in this case to be able to show you the simplest patterns to start trading and earning a day I use the trading view website but
[02:11] you can also use the chart view over on Bybit. The altcoin that I chose for you to understand how to make $100 a day is Ethereum but you can choose any other token but always remember that altcoins besides ethereum are even more volatile which means even more risk but also you can
[02:27] potentially make more money so remember risk management is the key to not losing your money but guys before we enter trade first you have to know how to open a trade on buy this to open a trade just click on derivatives usdt perpetual because we will trade the chosen altcoin or
[02:44] bitcoin against usdt and choose which all come you want to trade in this case i chose ethereum against USDT and now it's time to start our market order. For that you just have to choose your leverage. I don't recommend more than 10x because the risk will just be too high and decide if you
[03:00] want to make a limit order or a market order. If you don't know what it is watch my full buy this tutorial link will be down below in the description. But yeah choose the amount of USDT you want to open for the trade. Click on long or short depending on the pattern we're trading and our
[03:15] trade is officially open as i said i chose ethereum against uct pair but i will use trading you to explain to you some of these chart patterns that i regularly actually trade myself so as you guys know i am a trader myself i'll make daily videos here on my channel make sure to subscribe
[03:30] right now if you want to see my daily update on the big compliance and if you want to catch the next big trade the first pattern is the double top or double bottom pattern here we can see in is there using the double top pattern run up run down run up and then recess of the support making
[03:45] the double top pattern once it breaks we enter into the trade we make money now how do we calculate the target to calculate the target we simply measure the width between the support and resistance and from the breakout this would be the measured move now when should we enter the trade We have two options First when the breakout or the resistance is confirmed or second we can wait for a retracement
[04:08] and enter right over here. If you already reached the target without a retracement then take your profit. These breakouts must be sustained by big volume levels to have a confirmation of the
[04:20] breakout. Now let's talk about the descending wedge. Here we can clearly see a descending wedge We just need to connect all the resistance points and all the support lines and there is a descending wedge here. Now, this is usually a bullish pattern and the measured move target of a descending wedge is the top of the wedge.
[04:36] But we can also have a second target if we came from an uptrend like this one. So, you just need to get the measured move from the low point to the resistance and from the breakout. This would take you to the second target perfectly.
[04:48] Now, where would your entry point be? Your entry point would be right here at the very end of the descending wedge when you see a candle breaking the resistance. Now, let's talk about my favorite pattern, the head and shoulders or the inverse head and shoulders.
[05:04] The inverse head and shoulders is also an amazing pattern if you want to make $100 per day. So, if you connect these lower highs here and create a trend line, then you can already see an inverse head and shoulders. So, we have a left shoulder, a potential head over here, and the right shoulder right there.
[05:19] and we broke out from this neckline resistance, retested it, and came all the way up here to the target. This, to me guys, looks like money, because this is how we make money, guys. So, what is the measured move target? The measured move target is getting the bottom of the head
[05:34] to the neckline, and from the breakout, which is right over here, you can see that the target was reached right here. Now, the question must be, where do I enter this trade? You can enter right here at the breakout, or you can wait for a retracement to the neckline and enter there.
[05:49] So you've got two options here to enter your trade. It's also important that you use leverage that you're comfortable trading with because when you multiply your money you can lose faster and you can also make money faster But use risk management Make sure to subscribe right now because on the daily changes I make videos how to catch the next trade on Bitcoin and other altcoins but remember just don use higher
[06:09] leverage than you're comfortable using five to ten X is more than enough if your trade is liquidated you lose all your money that you put in that trade just so you are aware of that but this technique that I showed you in this
[06:22] video could easily make you a hundred dollars today if you just stick to what I said now you don't invest too much in every single trade and you stick to your strategy don't get emotional trade like a robot very very important and the most
[06:36] important thing that you can do at the end of this day guys is subscribe to my channel and press the notification bell and claim your buy this bonus down below in this video and if you want to try other exchanges you can also trade over
[06:48] on finance you have bitget you have bitflex many exchanges that are doing derivative trading just like by this so if you want to claim tens of thousands of dollars in sign up bonuses go below this video i will leave all the affiliate links
[07:04] that i have prepared for you i've negotiated incredible bonuses for all of you guys so yeah sign up to buy this and all of the other exchanges see which one you like the most um personally i trade on by this but you make your own decision on that and if you want to find out how to trade
[07:19] on by this my full tutorial with over 700,000 views is over on my channel click the link down below alright guys trade things out there the best way to learn
[07:31] how to use by this is actually to go watch my by this tutorial it is the most popular by this tutorial and I know that because it is actually the most used tutorial in the world for Bible so yeah you should go watch it right now
[07:45] actually you can take your finger and you can click the video which is popping right there it is my buy this tutorial and I will see you guys over there bye bye