[00:02] funds, stocks, even strong assets are not holding up. Most people at such moments either freeze or continue to buy the bottom and catch stops. In such phases I do exactly the opposite. Today I will show you a bearish pattern that brought [00:17] will show you a bearish pattern that brought me $6,750 during the fall. Let's look at the logic, show examples and a modification that can be used SRK Crypto channel, a trader and investor with twenty years of experience, Chali. Please [00:32] remember that I do not provide financial advice in my videos . Everyone is responsible for their own decisions. So be vigilant. The market now appears extremely toxic for most traders, and old strategies are [00:45] only causing losses. Why does this happen? At the moment we are observing the general background. There is high volatility, but at the same time there is no confident upward trend. In such phases, classic growth strategies break down. The crowd's mistake is trying [01:00] to catch the bottom and average out. The price is falling. It seems like it's about to bounce back, but we keep seeing more and more lows being updated. Why is falling an opportunity? We are not looking for growth, we are looking for reaction. We take into account the current [01:15] downward market trend and join this movement. When the market is volatile, those who trade on repeatable patterns win. But I have one remedy that really helps on those days when everything is pouring out and everyone is losing. [01:29] This is my own bearish pattern, which is combined from clear Let's watch. But first, do this video, leave a comment, and subscribe so you don't [01:43] get lost on the YouTube channel. Also subscribe to my Telegram channel. The link will be in the description below the video. There I post the latest news in the world of cryptocurrency, various bonuses and promotions. Now let's get down to business. So, as always, let [01:55] 's start schematically. Next, we'll look at some examples on the chart, discuss how we can automate this whole thing, and what additional factors will increase the likelihood of our scenario working out. I think many have already noticed that the [02:11] cryptocurrency market is currently dominated by constant downward flows. The price seems to be trying to go up somewhere. shows some recovery, but then falls down again. And instead of waiting for [02:25] that long-awaited bottom to be reached and for us to see a reversal of the downward trend to an us to see a reversal of the downward trend to an upward one, we can calmly and skillfully take all these magnificent falls. The most important thing here is to understand at what moment [02:39] exactly to jump into a trade, open a short position, and pull in profits. This means that our main task is to identify a downward movement on a higher timeframe, for example, on the 4-hour chart on the daily chart . Next we [02:52] wait for the next formation. Here we add Elliott's wave theory. We take a part from its base. The price on the chart regularly draws the following pattern for us. [03:04] We have an impulse - this is wave one. Then there is the second corrective wave, the third impulse wave, the fourth corrective wave and the fifth final wave. Next we either have a complete reversal or some kind of zigzag correction. [03:19] We won't go into all these tricks, subtleties and nuances now. From here we only need these five waves. And the most important thing is the completion. It is at the end that it is important to see the next pattern. This could be some kind of [03:34] sideways movement followed by a reversal. It could also be any type of wedge, which also signifies consolidation and fading of a unidirectional movement. [03:46] Moreover, the wedge here can look different. This could be a symmetrical wedge like this, or a format like this, where the price practically no longer updates its highs, and at the same time we have a clear support level emerging [04:01] . Here, two or three touches will be even ideal to see. The main point at the end of this upward movement is to see it fade away. Usually it happens through similar patterns, consolidation and then a reversal. We [04:17] have many more variations of these reversal patterns. This could be a standard double top, head and shoulders. This doesn't change the essence. We need to [04:29] see that the movement is approaching, so to speak, its logical conclusion. Next we will look for an entry point in a more precise manner. And now let's put it all together. So, the first condition is a good fall [04:43] on a higher timeframe. Further on, on a lower timeframe, for example, we have a decline, which is visible on the 4-hour chart. And at the hour mark, at the 15-minute mark, we see the following picture. The price begins to form some kind of upward [05:00] trend, a clearly visible five-wave structure. And such upward trends on a lower timeframe will often attract long positions. That is, long when we earn on growth, short on decline, if we do not take into account the [05:13] whole picture. But when we have already analyzed everything and understand that this upward trend is preceded by a huge fall, and this movement is just a countertrend, then we understand that the [05:27] prospects are further. We are more likely to see a continuation of the downward movement, a fall, some sharp collapses and usually these impulsive [05:39] falls, drains, where we can go short, when we earn on the fall. This happens to us just after we see that very consolidation at the end of the trend . As has already been discussed, it could be a sidewall, it could be [05:54] some kind of wedge. We will now look at examples on the chart and find more than one situation to understand that this pattern really pattern really repeats itself over and over again. But we are not blindly looking for a sideways movement [06:08] or a wedge; we take into account the entire context. This is an important condition of the entire system, of this entire formation pattern. Also, as I said, we will discuss what will strengthen our entry point and give the maximum probability of the movement working out. Next, [06:24] of course, we look for an entry point for a breakout, hide the stop loss, and take profit. We will now look at all of this using examples and graphs. Let's go to the chart in Trading View. I often use the Trading View platform to conduct technical analysis [06:38] . There are many convenient tools here, as well as a huge set of indicators. You can set an alert so you don't have to sit at the chart and monitor the market simulator to practice on history. Here we [06:52] can assemble a watchchliist. Click the plus sign and enter the name of the cryptocurrency you need in the search box . Next, click the plus sign opposite and the coin will go into our Watchlist. And this is just a small part of the tools available on the [07:06] Trading View platform. I'll leave the registration link in the description below the video. As I said, we open the daily chart. The coin we use for example is XRP. This will work similarly for other cryptocurrencies. And we look at what our [07:19] general direction is now. We don't use anything tricky here, we simply use a trend line to visually assemble the chart into a clear structure. And we understand that our prices are falling, falling, falling. The fall continues to intensify. [07:35] All. This is enough to understand that the general direction of the price chart for this asset is gradually falling downwards. Now let's move on to a figure out how we find our situation. Let's, for example, mark a [07:52] vertical ray and take this last segment. Let's look for situations over the last month and a half. We're going down for an hour. Here is our figure out where that very situation was. The more examples we find [08:10] in history, the clearer it will be how to enter into trades in reality. Therefore, we do not neglect it either. We looked, opened the chart and found what we are now discussing. We have a beautiful trend. Five-wave structure, [08:25] beautiful trend. Five-wave structure, wave one, two, corrective 3 4 5. It's not always drawn so beautifully, but very often, when you scroll through the chart yourself, the history, you'll see that this is repeated regularly, so to speak, the [08:40] first pattern we want to see. What follows is precisely our consolidation, since this was a counter-trend, that is, we have a general downward movement, we have already seen this on the daily charts , in a global downward trend, [08:53] downward movements will be more prolonged. Countertrends like these will constantly break and produce good impulse movements subsequently after a clear, visible consolidation. That is, we see that we have formed a kind of [09:07] wedge. Timeframe is hourly. No one forbids us to catch smaller ones within some larger formation. Here at the end we also had a beautiful consolidation, a sideways movement and an entry point. The most standard option is [09:24] to wait for a breakout or correction. From here we pick up and pull the short. Moreover, as we can see, this movement occurs in an impulsive manner. The deal here is completed in the shortest possible time. But you also need to understand that there are other [09:39] entry points. In this situation, for example, we did not have a retest. It would have been possible to easily pick up from this side. There is a local level of resistance. And here we also had a good entry point, that is, on lower timeframes. [09:54] If we look at this approach, for example, more precisely, we can already look for entry points on the fifteen-minute timeframe. That is, we assessed the situation more globally. On [10:06] the hour hand it looks like some sticks are just pointing downwards. But if we go in for fifteen minutes, the work was as beautiful as possible. Let's remove this red rectangle. We see that we have such a local level, the price [10:19] hit it with its tail. That is, here we can already look for a reaction on lower timeframes. Yes, we initially had this local horizontal level. The price didn't reach him. Below we have again formed a local [10:33] horizontal resistance level. One touch, two touches, pin. Moreover, we pay attention specifically to the reaction. We had a candle tail pin, and the next candle, the red one, immediately merged down. This is the very [10:48] reaction that you need to see on the chart in order to enter a trade as accurately as possible. Of course, such impulses will also provide correction. Here is a great entry point from under the correction . Place a short stop at the tail of the candle [11:04] that hit the local level, and we pull the trade. Here it is already clear that we don’t need to drag it out too far. We don't need to take away some huge movement. The price did not go down any further. Naturally, there are different situations. After such a [11:20] formation, such a pattern, our price can roll much deeper down in a falling market . But the goal is to quickly take advantage of the momentum and not sit in the market, not wait for any news or events, what might happen [11:35] in an hour, in a day, in two days, is unclear. We can easily take, say, 1:5, 1:10. These will be the fastest trades with good potential from higher timeframes. But [11:49] here everything depends on the strategy and, so to speak, what you want from the market. If you are satisfied with short, quick transactions on a regular basis, say, 1:5, 1 to:de, even 1 to four, we see that the support of the older one has simply been broken. Bam, [12:06] that's it, we've worked out the deal, we're not sitting around doing anything magical . Of course, you can try to catch on and move the deal to breakeven. That is, we move the stop-loss from here and pull it to breakeven. And sit, stretch the position. Again, [12:22] don't forget to move the stop loss. Either we fix the position here in parts, or we wait until the price has already fallen significantly. And we drag the stop-loss so that if the price returns, the deal closes in profit with a [12:36] ratio of, say, 1:5. That is, we still secured the profit, but we still secured the profit, but at the same time we give the deal a chance to show at the same time we give the deal a chance to show much more. In a falling market, [12:48] such deals can be pulled out with enormous potential. with a huge ratio, but most of it will be closed on pullbacks . But if we move the stop-loss to breakeven and then into profit, then this technique also has a right to [13:03] exist. So, let's remove the unnecessary and look further at more examples of similar pattern formations. Once again, our price is showing an upward movement. Someone is buying up the bottom that never comes. We have a five-wave pattern 1 2 3 4 [13:19] 5. And in conclusion, again, we have already found such a formation, such a pattern on the five-minute timeframe on absolutely any timeframe. Naturally, you need to understand that, for example, on higher timeframes, an hour or 4 hours, trades will take longer, but they will be [13:35] executed more accurately and have a higher probability of working on lower timeframes. working on lower timeframes. You can enter more precisely, the processing will be much faster. But if we find a situation right in the fifteen-minute period, then [13:50] the probability of working it out will be lower. But due to the quantity, of course, on lower timeframes you can find more transactions per day, per week. And due to the quantity, some errors in probability, that is, a [14:04] lower percentage in win rate will be covered by the number of transactions. Therefore, here you need to choose an activity that suits you, how much time you can devote to the market. If there is some hour a day, several hours, then [14:20] some hour a day, several hours, then I think the 4 hour time frame is more than suitable. If you have half a day or a day, you can sit here at the charts, have fun, look for some situations, work on them, wait, don’t fly into trouble, [14:33] again, just anywhere, but wait, track down, like a hunter, your beautiful deal, then fifteen minutes, five minutes even, why not. So, let five minutes even, why not. So, let 's get back to our situation. We see that here, I [14:46] would say, this is simply a sideways movement, it’s not even a wedge. This is the clear, understandable sidewall we have formed at the end of this five-wave pattern. As always, there may be several entry points here . You can enter more [15:01] conservatively and wait for a breakout of this large sideways trend. That is, we see a breakout, a retest. God forbid that the stop light doesn't go off here. Well, if you hide it somewhere here, then it’s fine. And we get involved in the deal. For example, [15:15] if I noticed such a situation, I would try to go to that place. We see a local tilt. We already have a horizontal resistance level. Then we watch how the price [15:30] hits it. Reaction is very important in trading. And, in principle, why do we draw levels? That is, since we are conducting levels, naturally, we will use them to the fullest. It is very important to observe the [15:42] reaction. If you don't look at the reaction, you can work without it. That is, we simply drop the limit, for example, here. We already have one touch here. We expect that the price will come here, touch it and bounce back downwards, which is what [15:57] actually happened in this situation. And we don’t have to sit here and do magic. This trading technique is also quite applicable. But again, it's fifteen minutes. If you're going to place a pending order without any reaction, then [16:10] I still think it's 4 o'clock. There is a greater chance that such a level will work with one touch, because the higher the time frame, the stronger the levels. At fifteen minutes this is also a good level. We see both a long [16:24] approach and a clear departure from this zone, this level. But such a local level can easily break through. Therefore, reaction is our main weapon, especially on such lower timeframes. The reaction here is more [16:39] than understandable. Firstly, we have two reversal candles in a row, that is, a short body below and a long tail above. Next we have the support level. The breakdown has begun. Back to this level again. We see that they flew up with a green candle [16:54] , didn’t even stab, nothing happened. The price didn't even try to push up. The very next candle dropped down again below the trend support level. That's it, this is the most clear entry point. Yes, you [17:09] have to sit down, monitor everything, and periodically glance at the chart. This means that more time is required for the fifteen-minute meeting . But when we find such a good entry point, we can logically set a short stop loss and [17:23] profit too. The potential for this deal was enormous. 1 to five. Here you could earn 10 dollars as quickly as possible, for example, at risk, you could earn 50 bucks. Or, as I already said, pull much more. [17:39] We drag the stop loss without loss. Again, it's important not to immediately set a stop loss without a breakeven, because the same situation will repeat itself regularly if you move the stop loss to a breakeven too early. For example, we have a movement, the price is already somewhere here [17:53] , and you put a stop to breakeven. Often there are such sneaky reversals, and the price continues to move downwards. That's why I try, if I'm already moving without a loss, then when the price has sunk well, for example, it has [18:08] already broken through the next support level, a more global horizontal level is already behind it. This is where we made it. That's it, now we can move the stop loss to breakeven, or even to a good profit, so that if our scenario [18:22] doesn't work out and the price even returns after the breakout , we'll have locked in our profit. So, what enhances this processing and how can we find such places in the simplest possible way, without sorting through coins or sitting for hours, [18:37] without sorting through coins or sitting for hours, since selecting a setup and finding such a since selecting a setup and finding such a situation sometimes takes a trader hours of time. So now we will discuss this important point. [18:50] I also use the Bybit crypto exchange for my trading. This is the top crypto exchange in the world. It features a user-friendly trading terminal, spot futures trading, a variety of earning tools, Spot X, pre-market trading, copy trading, and [19:04] trading bots. You can open a crypto deposit in the Bingn section. You can also open a payment card for yourself, just like a bank card. Only here you can pay for purchases with cryptocurrency. After registration, we [19:19] complete verification in the Buy Cryptocurrency P2P Trading section. You can top up your balance using a bank card or any other payment system. I'll leave a link to register with maximum welcome bonuses in the [19:32] description below the video. Don't miss your chance. And if you don’t understand something, go to the playlists channel. There's a whole Bybit learning playlist here. Bybit for beginners. In this playlist, you'll find answers to almost all your questions [19:46] about the Bybit crypto exchange. It also discusses numerous ways to make money on this crypto exchange. After we checked everything with our eyes on the daily chart, analyzed the situation more globally, went down an hour, [20:02] looked, that is, the most important thing is to see the chart even without any levels here. Our first assessment, roughly speaking, is visual. We can apply some horizontal trend lines to make it easier for us to perceive them. [20:17] But it’s always important to keep in mind what’s happening, what the context of the situation is, and then you can add some conditions. And, for example, naturally, we can add indicators, since they contain mathematical [20:33] formulas, and what we, for example, did not see with the naked eye, did not notice, the indicators will show us, prompt us, calculate and also give a signal. But we naturally strive to take the strongest signals, because blindly relying on [20:48] indicators is also not worth it if we delve into some of their small movements and take them into account. There may be thousands of signals here, but they are valuable to us. They are here, these signals, but there are much fewer of them. That's why we take the [21:03] most powerful events. These events very often coincide with what is happening on the chart. That is, at the moment of reversal, when our price shows growth, then [21:15] through sideways movement we go for a reversal. At this point, our indicators will show the same thing before the reversal, that is, they will signal in advance, but it is important to add them in context, not just by the indicator signal we [21:30] enter into a trade. That is, it is like our assistant. And the strongest signal from indicators that I have seen in all my practice is divergence. The following divergence occurs on the graph . The highs are rising. [21:44] At this time, we also have peaks and various bumps on the indicator, which we also take as extremes on the charts. That is, an extreme is when we experience some kind of turning point, a turning point. This is called an extremum. For us, they [21:59] will be, for example, either minimums or maximums. Here on the indicator we have the same thing drawn. And it is important to see that when our maximums on the chart are rising, on the indicator we are already seeing a decline. The word divergence itself means [22:14] discrepancy for the sake of simplicity and perception. We connect the highs on the chart and connect the turning points on the indicator. We use RSI as a basis - this is the best indicator for detecting divergence. But also, as a confirmation, [22:30] I chose MACD as a pair for myself. This is also a good indicator. That is, we always try to confirm our entry with some additional conditions in order to increase the likelihood of success. We see that we are also [22:45] experiencing a specific decrease on MagD. And how I use this in my trading. That is, divergence serves as a starting point for me to find an entry point into a trade. It is precisely after such a strong divergence that the price often shows a [23:01] reversal. We could have also calmly worked out this short movement, drawn a local trend support level, taken this short movement, or then waited for the next entry point, when we had even [23:15] more grounds. We've already looked at this; there was a horizontal resistance level here , we looked at the reaction, entered, and pulled out, for example, an even more interesting deal. But rather than having to sort through everything manually and search, here's where we're [23:29] most likely to form some suitable scenario: our strategy can be based on different instruments. You can look for a breakout of the slope, taking a short movement at the base of this slope. [23:44] Maybe it's some kind of larger sideways movement. But now I have found a tool for myself so as not to waste time. This Telegram bot Help for Trade includes five signals. One of them is divergence. The bot constantly [23:59] monitors the market. There are hundreds of coins here. He goes through 5 minutes, 15 minutes, an hour. It has maximum flexible settings. That is, we can either set [24:11] only RSI or add MacD confirmation to it . We can use not only MACD for confirmation. We will have two more indicators. That is, when we receive confirmation from four indicators that a divergence has occurred [24:24] , this will be the most powerful divergence, naturally. Only then will we receive a notification and be able to enter, work out the deal according to our setup, that is, find our own trading situation further. The most favorable [24:38] moment to find our entry point. We can also set the minimum impulse percentage, that is, where we have a divergence, or it was a short movement, 5%, as we see, I have set, or you can set it to [24:51] 20. In our case, these will be some older trends. We have the for example, our five-wave pattern will form. And here at the top a divergence is formed. From here we can already look for a breakdown, a downward [25:07] movement, based on the setup. Naturally, we will also look at the higher time frame and discover that the price is falling, and that we have formed a countertrend. But the thing is that we don’t need to watch all this, sit through it. The bot will send us a [25:22] signal at the very best moment to search for a setup, where our entry point is most likely to be, which we will find using our setup. We see that the find using our setup. We see that the RSI indicator, Stochastic and MACD showed [25:36] divergence. That is, we have confirmation on three indicators. On the graph it looks like this. So here is our picture. We can already see from the preview whether we like the situation or not, and how [25:50] strong the deviation is according to the indicators. And here is exactly that very place, that is, this very level is shown in the preview, only here we see it, the last two maximums are connected. I've already opened the chart. The signal we received was like this [26:05] . Well, I opened the chart and I see that three can already be connected. Naturally, I additionally checked it on RSka. We have a strong divergence. Here we see that the highs are rising, but the indicator is already calculating that buyers are weakening, and [26:20] through its mathematical formulas it lets us know that sellers are already beginning to prevail. We also see confirmation on MAGD. We can also use a histogram. We see that the green bars have turned red. This is [26:32] also considered divergence. specific discrepancy. Our MAGD is already showing red bars, meaning it's showing that a fall is more likely, but at the same time, the chart is still trying to draw some new highs for us. In general, such [26:48] strong divers can be practiced solo. In principle, there are such strategies. We just take a naked diver and from there we pull the deal out. But now we're talking about a more systematic approach, so let's look at 4 hours. There's no [27:03] point in even switching to a day shift here. We see the price is falling, falling, falling. And here we also have a downward movement. For the last 15 days, that is, for half a month, the price has been steadily falling. All. Based on the higher timeframe, we understand that the [27:18] downward movement is predominant. Let's go to the hour. It's good when such a movement doesn't just fly somewhere into the air, but, for example, here we also have a local horizontal level. the knee is like a clock. Well, if [27:34] we look at the fifteen-minute timeframe, it will be a pretty good turning point. Here we see that there was local trend support, which formed clearly. One touch, second touch, third. That is, we took everything that we [27:48] initially discussed. Globally downward trend. A counter-trend has emerged. The five-wave pattern can also be viewed here somehow. We have one, correction, second wave, third, fourth, fifth. But here it’s a bit [28:02] blurred, again, we will never draw a graph with a ruler, as we do schematically, for example, for ourselves . But it is important to work on exactly what you see, what you understand. And these are already our [28:16] amplifiers. That is, the first thing is that we have already looked at the daily schedule for 4 hours, for example. We understand that we are not experiencing an upward trend, but simply a counter-trend movement upwards against the grain, against the general decline. Next we have a local horizontal [28:30] line, which we arrived at with a good, strong divergence. This is precisely what we have as that very reinforcement. And in addition, here we already see the formation of some kind of wedge, a breakout, our entry point, pulled the deal. I [28:44] often use it this way. So, I received a diverter from Help for Trade, my assistant and cryptocurrency market screener. I went in and literally looked at some of the nearest good levels. Here, in this situation, we have everything: the [28:59] level, and its ring, and divergence, and here, and the support level. Then I enter the trade and work out my setup. Well, naturally, there was a good entry point to break through this support. Let's tint it yellow enough to be [29:13] visible. Here. We broke through support and pulled the trade. As I said initially, here in this assistant we have as many as five signals in one ecosystem, so to speak. Fibonacci bot. We can trade Fibonacci. Volume spikes also [29:29] show us when money is entering and pouring into a coin . Pumps, dumps. A pump is when our price is driven up somewhere. Then we also form, for example, some kind of sideways movement, a slope, a breakout. Deflated pampas often deflate at the [29:43] base. That is, the price was driven up, pumped up with money, the participants saw all this and began to slowly fly into the pits. And the one who started this pump, so to speak, throws his coins to the crowd. and the price falls down. Spam often [29:56] deflate to the base, not always, but we can easily catch some shorts . And a ready-made signal for the strategy. Here we have Fibonacci arriving at the golden ratio. Plus, the price comes into this golden ratio [30:12] with divergence. That is, it is already a ready-made signal for the div pfi strategy. But, naturally, we additionally evaluate everything with our eyes, because the screener is certain algorithms. We additionally visually [30:26] check it to see whether we like the situation or not. The decision to open a deal always depends only on ourselves. I'll leave a link to this crypto screener in the description below the video. I'll also leave a video review there, where I explain how to [30:42] work with it and how to set it up. More details about all these signals. Therefore, if anyone is interested, you are welcome, as they say. And there is also they say. And there is also technical support here, if suddenly something is [30:56] wrong. There is a guide to the bot, written instructions. There are also chats for bot users to communicate and discuss certain signals and situations. That is, this is a whole world of trading, not just dry signals. All [31:12] the information, as I already said, is in the description below the video. So, guys, I'd like to add that yes, our market is currently in a downturn, but let's not forget the teachings of the downturn, but let's not forget the teachings of the investing mammoths: the biggest [31:25] profit-making deals and capital are built precisely when the market is crumbling. That is, firstly, now, while the bottom is still some distance away, we can short impulse sell-offs downwards. Assets are constantly being dumped. We just need to [31:39] find the right place to catch this drain. And then we gradually accumulate cache. When the market has already run its course, hit rock bottom, this will probably [31:51] be in 2026 or 2027, we will select the cheapest coins possible. I, in turn, will naturally shed light on all these points, record video reviews, analyses, and report on my actions and decisions. [32:07] leave comments, subscribe to the YouTube channel so you don't get lost, and Telegram channel. The link will be in the description below the video. And that's all from me the description below the video. And that's all from me . All the best and successful trading.