[00:02] training video, I'll show you the simplest, yet most effective tools that allow traders and investors to set clear price targets and accurately identify
[00:15] trends.  Even a beginner can figure it out.  My name is Sergey, this is the Kigai channel.  Don't forget to subscribe and click the bell to learn how to better understand the market.  And now to learn how to better understand the market.  And now we begin.   We'll
[00:28] start by setting price targets. What allows us to set clear price What allows us to set clear price targets?  These are support and resistance levels.  And in this case, we need to know which levels
[00:43] are the strongest in the market. So, we have the Ethereum cryptocurrency open in front of us , on a weekly timeframe.  And on the right side of , on a weekly timeframe.  And on the right side of the chart we can see the quotes.
[00:58] the chart we can see the quotes. These very quotes will allow us to find the strongest levels on the chart.  In what way exactly?  We will use so-called round quotes.  The Ethereum cryptocurrency has a large price movement,
[01:14] so round quotes are used here - for example, 1.000, 2.000, 3.000, and so on.  That is, we take a range that is equal to 1,000 dollars.  I highlighted these
[01:27] round quotes with horizontal lines.  The point is that round quotes are psychologically important for market participants, so they tend to place their buy or sell orders near these lines.  And
[01:45] as far as we know, a cluster of buy or sell orders is a level, a support level, or a resistance level.  Now look at how
[01:57] resistance level.  Now look at how the price reacts to these levels, expressed in round numbers.  That is, all impulse movements end at round levels.  And an important reminder, a level is not a line, but an area.
[02:15] Therefore, for example, here at the top left and here at the top right, the price did not quite here at the top right, the price did not quite reach the line that is expressed by the round quotation of 5,000 dollars.  But at the same time, if we had set a price target in the
[02:28] region of $5,000, it would have been realized, since the price reached this area.  And below there are two examples where the price went slightly beyond the line, which is
[02:41] expressed by the round quotation of 4,000 dollars.  I think the logic is clear.  A level is an area.  Since round levels are psychologically important for market participants, the price reacts extremely well to them .  This means that we can
[02:57] use them to set price targets, that is, to enter or exit the market.  But if the price movement on the Ethereum cryptocurrency is large and round levels are easy to determine, then how can this be
[03:12] done, for example, on the EUR/USD currency pair, where the movement varies within 1 dollar?  Let's sort this out together .  So, I opened the eurodollar currency pair, weekly time frame.  And here we also pay attention to the
[03:30] quotes on the right.  Since the price movement for this currency pair is small, we take a much smaller range.  Namely, this is a range equal to 10 cents.
[03:43] It turns out that the round levels here will be levels 1.0, 1.10, 1.20, and will be levels 1.0, 1.10, 1.20, and so on.  That is, every 10 cents.  And
[03:57] again we see how the price reacts beautifully to these round levels.  I would like to draw your attention to the fact that if the price bounces from one round
[04:09] the price bounces from one round level, it moves to the next one.  And also, if the price breaks through any round level, it moves again to the one following it.  This means that since the price is in the region of the
[04:24] since the price is in the region of the 1.20 quote, we can more likely expect a rebound to the 1.10 quote. This way, we can not only set clear price targets, but also
[04:38] only set clear price targets, but also determine the future trend and its potential.  So, we have analyzed round levels on higher timeframes.  But what if we use, for example, lower time frames, such as
[04:52] five minutes or fifteen minutes? Let's sort this out together.  If my approach to the market resonates with you, I invite you to EKGY Premium.  This is a channel where I broadcast real-life personal capital actions, purchases, sales, scenarios, and
[05:06] updates on global markets from precious metals to cryptocurrencies.  Over 100 instruments, quick reactions to movements and access to my portfolios. Link in the description.  Join the community.  Before us is the
[05:20] Bitcoin cryptocurrency.  Fifteen-minute time frame.  And here we can immediately highlight round quotes such as 60,000 and 70,000.  Bitcoin has a larger price movement
[05:32] than Ethereum, so here we are looking at a range that is equal to looking at a range that is equal to range is too wide, although these levels will obviously be
[05:46] valid.  However, to look at the local picture more objectively, we can take a smaller range, namely a range that is equal to $5,000.
[05:58] For example, I will mark the middle between the round quotes 60 and 70,000. It turns out that we will have a round quotation of 65,000. And now the picture becomes more objective. That is, we see that the price is currently
[06:14] That is, we see that the price is currently moving in the range from 65 to Accordingly, as soon as the price leaves the range in one direction, for example, downwards, then the price is more likely to move to the next
[06:29] round price of $60,000.  And the previous local minimum is also located here.  However , there is an important note here.  The rounder the round quotation, the better it performs.  Let's say the level is 60 and
[06:45] 70,000, it is psychologically more important for market participants, so it will market participants, so it will work better.  And the 65,000 level is a secondary level, so it will work worse.  So,
[06:59] we've covered round levels and now we'll move on to the next simple, yet effective tool for accurately identifying trends.  So, the next
[07:11] tool is related to candlestick analysis, so, obviously, to so, obviously, to use it we need to open a candlestick chart.  This is a cryptocurrency, weekly timeframe.  And let's just
[07:24] compare these two segments. graphics.  What is the difference between them? Visually, in the left rectangle we see a clear predominance of sellers, and in the right, on the contrary, a predominance of
[07:39] the right, on the contrary, a predominance of buyers.  Why?  Because there are more bearish red candles on the left than green ones, and the bearish candles are green ones, and the bearish candles are larger in size than the green ones.  And on the right there are
[07:53] more bullish green candles than red ones.  and bullish candles are larger in size red ones.  and bullish candles are larger in size than red ones.  Everything is easy and simple. That is, thanks to visual comparison, we found out who predominates where.  And
[08:08] since buyers predominate in rectangle number two , the upward trend is more likely to continue.  This means that the predominance to continue.  This means that the predominance of buyers here will continue.  And if we
[08:22] combine this with the knowledge about round levels, that is, here the price rebounded from the round level of $20,000, especially since this is not just a round level, but the
[08:35] previous global maximum, as we see in this place, then the probability of continuation of the upward movement here increases even more.  And ultimately, we increases even more.  And ultimately, we see that the upward trend has continued.
[08:50] see that the upward trend has continued. We initially determined it only by visually comparing the candles with each other, that is, by their number and size.  Therefore, if we subsequently see the opposite picture, that is, there
[09:04] will be more bearish candles than bullish ones, and the bearish candles will be larger in size than the bullish ones, then we can conclude that sellers have begun to predominate and a downward trend has begun.  And if we look
[09:18] downward trend has begun.  And if we look even further back into history, we again see, when comparing these two sections of the graph, who dominates. I also remind you about round levels.  Here we had a psychologically significant
[09:32] level of $100,000 and the rebound occurred from it.  And if we do not visually see a predominance of buyers or sellers, then uncertainty reigns in the market
[09:44] .  For example, we see this uncertainty in this this uncertainty in this range.  There is no clear predominance of buyers or sellers here. Thus, thanks to these two simple
[09:57] tools, we can set ourselves fairly precise price targets and correctly determine what market phase we are currently in.  Consolidation, uptrend or downtrend. Now let's use this
[10:14] knowledge to analyze assets in real time.  The opening of the Gaist, the first stage of our educational program, is coming soon.  We're almost finished developing: video tutorials with time codes, notes, tests, and a personal
[10:27] account with a progress bar.  The goal is to provide beginners with everything they need to confidently get started in investing and trading. Stay tuned for more news.  Soon you will be able to personally get acquainted with the platform and evaluate its capabilities.  This is
[10:42] Salan's cryptocurrency.  Weekly timeframe.  And to begin with, we will mark the round levels closest to the price , namely, the round quote of $100 and the round quote of $100 and the round quote of $50.  I will also note the
[10:57] round quotation of 200 dollars a little higher.  At the moment we see that the price is below the round price of $100.  And if this is not a false
[11:10] breakout, then the next target for price movement is $50.  If this movement turns out to be a false breakout, then the price will return to the range.  And the
[11:23] nearest target for an upward movement is $200.  Now let's compare these two graph segments.  It is clear that sellers predominate on the right, meaning the
[11:36] that sellers predominate on the right, meaning the trend is already downward.  And since sellers prevail, it is more likely that we will see a further likely that we will see a further decline to $50.  Possibly through
[11:49] some kind of upward correction. Thanks to these two tools, we were able to determine price targets.  That is, we know exactly where the price will go during an upward movement and during a downward movement.  We were also able to identify
[12:01] the most likely scenario of these two, namely the scenario of continuation of the two, namely the scenario of continuation of the downward movement to $50, since sellers predominate here. Now let's look at an example.  For silver, we have a
[12:16] weekly timeframe and will immediately indicate the nearest round levels, namely the round level of $100 and the round level of $50.  I'll give you a little more detail on the
[12:28] schedule.  And we see that the round level of 50 is an extremely strong and psychologically significant level for market participants, since the price has not been able to overcome this global maximum for decades.  And only recently did she manage to
[12:44] decades.  And only recently did she manage to do this.  After breaking through the 50 level, the price went to the round quotation of 100 and bounced off it.  If the downward movement continues, a target in the region of $50 will certainly be relevant
[12:59] , especially considering that this is a broken resistance level that the price should test.  But so far there is
[13:13] candles, and they have long shadows.  But this is not yet a sellers' predominance, so we cannot yet say that the price is more likely to continue this downward movement.  It is possible that it will once again update the
[13:27] global maximum, reach the next round level in the region of $150 and only then make this downward movement.  We have set goals, but here it is better to wait for some kind of definition, namely the
[13:42] predominance of sellers to consider a downward movement.  The tools are simple, but they provide quite a lot of information.  And this information can be used to make financial decisions.  There is nothing complicated about this, and
[13:58] decisions.  There is nothing complicated about this, and any beginner can use these tools.  Friends, if this video was useful for you, I would be grateful for your support in the form of likes, comments, and subscriptions
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