--- title: 'Live Cryptocurrency Trading: How to Trade Crypto' source: 'https://youtube.com/watch?v=LtV8k8ymoWI' video_id: 'LtV8k8ymoWI' date: 2026-08-05 duration_sec: 2750 --- # Live Cryptocurrency Trading: How to Trade Crypto > Source: [Live Cryptocurrency Trading: How to Trade Crypto](https://youtube.com/watch?v=LtV8k8ymoWI) ## Summary This video is a live cryptocurrency trading session where the host takes a long position on Dog Coin against prevailing market downtrend, analyzes charts, discusses leverage and risk management, and ultimately books a profit. The session also covers market analysis, support/resistance levels, and the importance of adjusting stop losses. ### Key Points - **Taking a Long Position** [01:38] — The host decides to take a long position despite the market's overall decline, believing that a significant drop has occurred and a correction is due. - **Market Indication Change** [04:02] — The host notes that the market indication has changed from bullish to bearish, with high selling pressure, making the trade risky. - **Drawing Support Lines** [06:42] — The host draws a horizontal support line on the higher time frame and suggests implementing it on 15-minute and 5-minute charts to clarify the range. - **RSI Analysis** [09:22] — RSI on 15-minute is 39.56, on 1-hour is 52.43, and on 5-minute is 27.77 (near oversold), indicating potential for a bounce. - **Risky Trade Acknowledgment** [10:11] — The host admits the trade is against market conditions with low success chances but takes it anyway, hoping for a bounce. - **Leverage and Liquidation** [16:05] — With 18x leverage, the liquidation price is 215.25; with 100x it would be much closer, highlighting the risk of high leverage. - **Trade Details** [16:29] — Entry at 226.70, stop loss at 225.59, target at 29.19 (likely 229.19), giving a risk-reward ratio of approximately 2.5. - **Support Resistance Zone** [24:52] — The host explains that the support/resistance zone indicated a buying zone, so shorting from there would have been risky. - **Booking Profit** [28:50] — The host exits the trade near the target, booking a decent profit, despite the trade being against the trend. - **Bitcoin Analysis** [34:02] — Bitcoin saw tremendous growth from September 26, with a slight correction, and the host expects it to retest and go up. - **Squaring Off Early** [44:41] — The host squares off the trade before the target, capturing the green candle's journey, and a red candle forms afterward, validating the decision. ### Conclusion The session demonstrates a successful contrarian trade, emphasizing the importance of risk management, support/resistance analysis, and timely profit booking in volatile crypto markets. ## Transcript Good morning all of you. I'll share the session once. Then I will connect with you. you guys also get connected quickly, then let's start the whole story, We think Long is worth taking. So we take a long position. Reduces leverage. The leverage is 100x, let's And the rest is fine. Suppose it is okay. We will make this long. So we finally took a long position. be the stop loss and this will be our profit. feel that there has been a fair amount of decline, so the market should go up. Good morning Alok ji. From here we got the indication to go up. From here we got the indication to go up. But now look, the indication has changed. overall market is in decline. The pressure is high. Selling pressure can be a little risky. But what we are trying to do is that the market should go up from here You will see that there has been a sharp decline. So maybe there should have been some correction from here. Let's see what happens. happens. How are you Alok ji? Okay, right? If we talk about Dog Coin further, it is continuously falling. Look, it is falling continuously. So in this only down side position seems to be formed. Look at this, what a huge decline you can see. Isn't it? So there is a down side to this. Let's look into the needle. There is a fair amount of decline in this too. Meaning, selling pressure is going well in the overall market. that there comes a day when the crypto market rises by a good 5-4.5% and the next day it falls by 4-5% again. So he keeps wandering around. I have been noticing this for quite some time. I have been noticing this for quite some time. Maybe you are doing it too. Let's do this on full screen. Let's do a little analysis. After this it is slowly going down again. We are looking at this on an overall time frame. This means that if you have to trade on the orly time frame, draw a horizontal line on its up side draw a line where it is right now. Now implement this in 15 minutes. Implement it in 5 minutes. Then things will become clear. So, this line right now, we can say that this line is a support in a way. If you want, you can bring it down a little and mix it If you want, you can bring it down a little and mix it support. So right now it is in the middle of this range and maybe you will see it roaming around in this range for a long and maybe you will see it roaming around in this range for a long time. Isn't it? But if this range beats, you will see significant downside momentum. So let's see what can happen today. Right now it is 39.56. RSI 15 min. If you look at it in 1 hour it is 52.43. Ok? So still above the mid range on the hourly time frame and if you look at the 15 minute time frame or the 5 minute time frame the RSI might have gone into the oversold zone in the 5 minute. So you will see that it has reached close to the oversold zone. Is 27.77. Yes, I have taken the trade. I have taken a trade slightly against the market conditions. So it would probably be better if you avoid taking trades right now. up from here now. So that's why I took the upside trade. So it I took the upside trade. So it is a bit of a risky trade. Isn't it? Chances of success are low. But you may get success. So that's why we took the trade. So right now the market conditions are a little opposite. But I think it can be beneficial. So I entered the trade. But there If buyers come somewhere then a big candle will be formed. A big green candle will be formed here. The target will be achieved soon. That's why there is more selling pressure in the market. see that as much as it increases, it falls to the same extent the next day. Then I see that as much as it rises, it falls the next day. Meaning it is becoming difficult to make overall profit. Meanwhile, if there are three-four days when the market rises continuously for three-four days, then perhaps we will exit with profit. Otherwise it is very difficult to make profit. Otherwise it is very difficult to make profit. According to this market condition. book profits somewhere or the other. So I have marked this area that book profit here, you may see a good amount of momentum on the upside. We are leaving at 2:24. Meaning our stop loss is 225.59 and target is 29.19. We have a loss is 225.59 and target is 29.19. We have a position in gold. Like if it happened today then it will happen tomorrow or the day after tomorrow. Isn't it ? Will try to go live after a gap of one day. ? Will try to go live after a gap of one day. liquidation price or liquidation price, if you take more leverage then what is the price level at which your entire position will get liquidated. For your entire position will get liquidated. For example, in my taken leverage of 18x and my liquidation price is coming out to be 215.25. Ok? If I had taken 100x leverage, it would have been much closer. It would have been liquidated very quickly. The entry I made is 200 at 26.70 and the entry is at 226.70. at 26.70 and the entry is at 226.70. Yes, stop loss is at 225.59 and target is at 29.19. There is a risk reward ratio of approximately 2.5. sustained and another green candle is made then it will be a little fun. [Music] Hum took some time but a big candle was made. Now it remains to be seen whether it candle was made. Now it remains to be seen whether it sustains or not. How is Plfin Exchange? I don't know, I don't know about this either. feel bullish. Look, I think I can achieve my target. It may take some time because overall there has been a considerable decline. If you look at the market overall, it that this target can be achieved. It will take some time. Isn't it green candle starts forming again, then you can take stop loss up to this level for the upside. You can try it. So with this I took the gram and sat down. Let's keep eating together. I will keep talking to you Let's keep eating together. I will keep talking to you because then there will be no time left. There because then there will be no time left. There is a big problem with time. This is what I have opened, right? If you short from here then you would have suffered a huge loss. you short from here then you would have suffered a huge loss. Because after this the market has continuously gone up. Then you will suffer a huge loss. After this the market has gone up a lot. It was will see that the support resistance zone that we have created and by trading, that zone is showing you here that from here it is a buying zone. So here you would not have been able to take a short cut. Shorting from here meant taking more risk. meant taking more risk. So the wrong trade was made. There has been a However, the chances of recovery are less. I think there are still chances to reach the top after this. I will chances to reach the top after this. I will come in 15 minutes. If the short recovers, then the If the short recovers, then the chances of a butt recovery coming from here are very low. Your square up the position the better. It is possible that better. It is possible that your loss may reduce by coming down a little here but it is very difficult to recover the entire loss. Isn't it here ? Such a huge momentum change will not shift. ? Such a huge momentum change will not shift. make an entry, so you can make an entry for the upside if you want, yes according to me it seems safer to exit because the chances of recovery are less because the market overall is seen in upside momentum today, so I don't think that you are sitting short, that is a very good thing, so it would be better if you exit. I will check here once as well. You are now see, the overall market is also positive, it is 0.79 positive and from here I feel that if it corrects a little bit then there are chances that it will not come down too much. If he makes a lot of corrections, he will do it till here. Okay, right ? Even then you will not recover. You will have to go even lower to recover. go even lower to recover. So it is very difficult. Your position is somewhere here. I do not see such a big fall in the current market today. According to me, it does not seem that there are any chances of going down. So you that there are any chances of going down. So you can sell from here and exit and create an upside position. It will be safer with stop loss. Okay, right? You can go long by placing stop loss in this range. But can go long by placing stop loss in this range. But short no I understand. according to me my analysis is telling me that it is not correct. Look, we are almost close to our target. almost at the target. We will not wait much longer. Ok? We are out. So today's trade we presented to you was in the opposite direction. Meaning, in the direction in which the trend was going , continuous selling pressure was dominant, I took a buy trade there. Because my intuition was saying that there has been a significant fall from here and it will go upwards and you saw that our trade was successful. Finally we have come out after booking profit. We have booked a decent amount of profit. Is it clear? So today's trade has been good. because we were not in the mood to sit idle amidst so many targets. Ok. Ok. Anyone have any doubts? the maximum can reach here. After this it will go up again. You will see a very strong support here. You can tremendous growth has happened in Bitcoin at 108. Growth has come from here to here. From September 26 till here, there is a slight correction after that. There Now let us assume that it retests itself again and there are I still feel it will go up. Yes, it will go till this area. buyers had come. Because those people who had created short sale positions. I had created short sale positions. I had That is why you will see buyers coming here to book profits. Buying has been done. I went till here and after going here, short sales started again. So look again short sales started again. So look again now it's starting to go down. Like I took it today, I won't take it tomorrow, I will take it the day after tomorrow. We will This is what is going to happen this month. There is little time. We will see what happens from next month. is little time. We will see what happens from next month. made a candle till the place where we made our entry. Now he can work as a support. we will still continue with this support. It will still work as a support. So it's a break. Finally, the support that we had created earlier will still be What should I tell you about me, what have [Music] we are [Music] of yours, my heart, my relationship, yours, I have no relationship with me Lakhan, I have a big look, so we are us [Music] I am in love with you, seen lost [Music] the sharing pressure in Ethereum is tremendous. Isn't it ? I have developed this attachment towards you. Whatever happens, let's see. Whatever happens, let's see. Come on n't be live tomorrow. If it happens today, it won't be there tomorrow. I will meet you live the day after tomorrow. So you guys will connect the day after tomorrow. Ok? But time is very busy, so it has become very difficult to go live daily. So for now, it will continue like this for this month. Will try it from next month. continue like this for this month. Will try it from next month. What can happen; what can be done. Isn't it? What can happen; what can be done. Isn't it? So I can understand you guys a little bit that decreases. Earlier more people used to join. They have reduced now. is no problem. I know that gradually the number of people will increase again. And let's take a trade for today. let's take a trade for today. Finally our trade was successful and Finally our trade was successful and because we were satisfied with it. Isn't it? So finally we generated profit there. Let me we took it from here to here for 1 minute. From here till here we captured the entire journey of this green candle and we squared it up here. Whereas our target was this point, but we felt that no, now we have reached this far, that is enough. We will not wait any longer than this. Isn't it ? So we squared up and we made a very good decision because after this you will see that a big red candle has formed continuously. But still if we talk then we are still bullish. We believe that the market may still have upside momentum as the overall market is up 2.5%. So I think you will get to see this area again soon. So if you can take a little risk then from here you can go upside in the trade. Stop loss but you have to keep this one. Isn't it? You will have to keep this stop loss. There is upside momentum. If this breaks, you will see even more upside. My analysis says that this is not necessarily the case. Ok? So we hope today 's session was a little helpful for you. See you tomorrow. We will meet again tomorrow, the tomorrow. We will meet again tomorrow, the day after tomorrow, day after tomorrow, and we will talk again.