Live Cryptocurrency Trading: How to Trade Crypto

[00:09] connected quickly. Let us open the charts.

[00:23] [MUSIC] Good morning guys. Hum Hum

[00:56] us see one by one what is the mood of the market today? What what is the mood of the market today? What should be our strategy?

[01:14] [Music] It's the

[01:30] [Music] So the chart that's open on our screen right now is of Bitcoin. Here you can see that BTC is written for Bitcoin. Ok? So good morning to you all. Let us see what conclusions we can draw from the market today.

[01:44] what conclusions we can draw from the market today. know that the market is in an uptrend. The market is in an uptrend on the long time frame. Or even if you mix this with this, you will still get to know the up trend. Now

[01:56] our first task here is that brother, we have to draw a level. We have to move according to that level. So let us decide our level on the long time frame. So this will be our first level.

[02:13] kept it at this level. Let's do a little bit here for 1 minute. Ok? We took a level. This is our downside level and this is our upside level. This one is the

[02:25] and this is our upside level. This one is the up side level. This is our upside level. And for today,

[02:37] And if you mix from here to here, you will see that upside momentum is visible. So three you have drawn a level on the daily time frame. Now if we want, we can also remove this level. do you think the market will be able to reach this far, it seems possible, it is

[02:53] not happening in 1 hour right now, so why should we take it, okay, now let's come to the hourly, you will okay, now let's come to the hourly, you will entire range for trading, so how much will the market go. Okay, so now

[03:07] you have to create support resistance or we can say zone for your trading on hourly time frame, so now when we create the zone, we will take rectangle, you guys quickly connect. Please like and share the session. Ok? Then we

[03:21] Please like and share the session. Ok? Then we talk a lot. talk a lot. Now you come and create a zone here. So, first of all we create demand zone from here. And

[03:41] this area became our demand zone. Let it sit for a minute.

[03:55] Ok? This is our demand zone. And now we have to create a supply zone. zone. And now we have to create a supply zone. Supply Zone

[04:21] So, we've done enough homework. One on the demand zone and one on the supply zone. Ok ? So, we created the zone as well. Now when you want to take a trade, where should you take the trade? So, whatever trade you take now, you will take it in this zone. This entire

[04:34] in this zone. This entire area is for you. If a breakout or breakdown occurs in the zone, a new trend may begin. Or maybe if you check from here now, a downward trend is visible. Ok? Look, it

[04:46] made low, then high, then even more low, then high, then even more low, then high and then even more low. Ok ? You will see from here that I have tried to visit this market. I have roamed around. But after this the down trend has continued again. Ok

[05:00] ? You will see that after making a high now, there is a high chance of going low again. The probability is a high chance of going low again. The probability is high. So

[05:13] how do you go about getting into the trade you want to enter now ? So now you come in 15 minutes. Now we will come in 15 minutes and you will get more clarity.

[05:29] Ok? Now let us come to 15 minutes and apply the Fibonacci retracement from here and this is our biggest low of the day.

[05:41] Ok? Okay, right? So, we've done enough work on this chart. What have you done? First of all we have created the level. We have created it on daily time frame. Then we have created the zone. We have done that on an hourly time frame.

[05:55] Now we have come to 15 minutes and applied Fibonacci. That means whatever trade we have will be for 15 minutes.

[06:07] telling you. So first of all you will see that the market has fallen from here to here. Ok ? Then it retested here at 0.786. Retraced. Then from here you will see that it has fallen down to the bottom. Has gone up to 61. After that he again

[06:22] tried to reach this level but could not reach there. And from here you will see that a breakout has been found. After getting the breakout, you have not got very good momentum till here. Then we got a big momentum.

[06:38] broke this level. Breaking 0.382. Broke 0.23. These will breakout here, you will see that it has gone till here. That means it has gone to zero, which normally does not happen so quickly. But in this case it has become very weak and has gone down to zero.

[06:53] What is the probability now? Now again there is a probability that it will is a probability that it will go upwards. 1 minute.

[07:05] that it will move upwards and first come here and test is 0.236. After this you will see that it has been given a breakout here. Now after this it will again go to 0.382 to retest it. You will see that I have spent a lot of time here.

[07:20] Gave a breakout here but he could not survive. It has gone down again. And again. And again, its new area is 0.223. Ok ? You will see here that he has gone away from you again. After going here it is roaming again.

[07:32] So this means that there is a possibility that it can go till here and then turn around again. If it does not turn, then your next resistance will be 0.5. There is a possibility that from here

[07:47] you may again see trades for the downside. So this is the mood of the market. Some such trade is being seen on short time frame. Let's go in 5 minutes.

[07:59] You're now 5 minutes in. Ok? So look, it has tried to come till here and from here it is going downwards again. Its next range is becoming much

[08:15] not coming on the entire screen. Its next range will be this one. This will be the area. Ok? It can come up to here and from here it can go upwards again. Hello from here it can go upwards again. Hello Alok ji, how are you?

[08:42] Ok? Anyone have any doubts? No one should have any doubt in the case of Bitcoin. We have almost done things. Let's move on look at Ethereum. How are you ? Is the

[09:02] work we did earlier on Ethereum applicable today? Let's check it once. applicable today? Let's check it once. Ok? We made it two levels. He Ok? We made it two levels. He is still working. We created zones on hourly time frames.

[09:15] Remove this. It's finished because it's out. So, it finished because it's out. So, it is necessary to remove it now. This is gone. It got removed. So, right now these two zones that we have created, one support zone and one

[09:29] resistance zone or we can say one supply zone, one demand zone. So, this one is your demand zone. This becomes your supply zone. is it done. Now after this, what do you have to do in today's date? So, as of today, if you want to trade, then you should start trading for

[09:41] 15 minutes or 5 minutes hourly. So we go to 15 minutes. Let's go for 15 minutes and see what the market is like.

[09:53] So if you follow for 15 minutes, you will feel that this trend is going downwards. Ok? It is going down side. So, now what you have to do is that from here again now what you have to do is that from here again we apply Fib here also. Let's

[10:06] apply Fib. Here we take it from the high side and take it till the low side. take it from the high side and take it till the low side.

[10:21] Ok? Let's take it till here. Correct. Now you will see that there is a decline from here. This tremendously broke this level. Then This level was broken. And even breaking this level has created a long week.

[10:38] But it could not survive. And after that it again took retracement near 0.5. And here again a new entry is made. But the problem is a green candle is formed here and it is broken. So if your support was limited to

[10:53] this, you would probably suffer losses. So your support had to remain at this level. So if this level was maintained then you will see that it has become weak. It hasn't even gone this far. Then you will see that a down side trade is found here. And your next target, the

[11:05] first target from here was this. This was the second target. Ok? Now it has got a breakout here but it could not survive and again it has

[11:17] gone to the level of 0 point and again you will see that it is near 0.236 now. This means that from here onwards the probability is that it will go up further. What is the probability? It can go further up now. So if we get a breakout here, it's a

[11:31] good thing. If the breakout is not achieved then you will see that it will again go to the downside. Ok? It will again go to the down side and from here May B will try to rotate it again. So now let's see what happens in this.

[11:45] So whenever it retraces then you have to enter the trade. That is, when you see that after the fall, it again goes upwards and reaches this level, then if the level is not broken then you have to place a stop loss there and

[11:59] take a trade for the downside. So this should be your simple funda. This is what you will work on. this should be your simple funda. This is what you will work on.

[12:11] down, now the down is increasing, now it is going up again, so the possibility is that after reaching here, you may again get a good down trade, so now see get a good down trade, so now see what happens,

[12:43] look at a few more coins. Let us see what the level is in that. We will talk further then. We will see if we get the trade and take it. Remove this. Remove this. Solana Remove this. Remove this. Solana you go. Make it

[13:01] look at the level first. So at 15 minutes right now we will have drawn on level 1 day. So let's see if it is valuable now or not. So now you will see that the level is still valuable for you. Let's still level your valuable. This

[13:14] Let's still level your valuable. This level has not seen a breakout.

[13:26] So, we will still consider both these levels. Understand? These levels will be considered and will operate on hourly time frames. The zone we have drawn on the hourly time frame is still zone we have drawn on the hourly time frame is still

[13:40] Our current zone is also in our favor. And it is currently in the market close to this level. The momentum in the market is close to this level. That means it is close to this zone. It is also close to the level. Close to the zone. It has breached the level. But let's see whether he can survive or

[13:53] the possibility here is that from here again the market may either break out or move. So, now you will see the trend, take a look. So we are still in an uptrend. Let's remove it and draw the path again.

[14:19] Ok? So it goes down first , then up. Then it goes down. , then up. Then it goes down. Then it happens. Then it goes down. Then it happens. It goes Then it happens. Then it goes down. Then it happens. It goes down again.

[14:35] And it picks up again. One thing you noticed here.

[14:53] that till now this trend was of up trend. Ok? The high was continuously building. The high was continuously building. But here you will see that it made a little bigger low and here again you got a high. But here this time, you got a bigger one.

[15:07] This could mean a market change from here. So there is every possibility that you may get to see a new low from here and the low you get will be a good low. So now you wait and here you can enter the trade for the downside.

[15:28] is a reason behind my saying this. You see, M is being formed here. M is being made, right? So if you are becoming an M and you want to go into trading, then when you bleach this level,

[15:41] when you bleach this level, When this level goes below this level then you can enter the trade. Ok? If it goes

[15:53] below this you can enter the trade. Then you will get your below trade. Which one are you seeing this in? Looking into Solana. Solana is currently trading right near its resistance level and the supply zone. So

[16:10] now if you come in 1 hour then you will come in 15 minutes. Now if we watch it in 15 minutes, we will Now if we watch it in 15 minutes, we will get more clarity.

[16:24] get more clarity. Now look here it is. After this it has gone high again. Now there is full probability that it will go away from here. high again. Now there is full probability that it will go away from here.

[16:36] So now do one thing, draw it here again. It's high here. Take this high and take this low.

[16:53] where you are getting trade in the market. So from here, first it went from one to zero and then tremendous candles were formed. Now from here on out it has you covered. So first of all it has retraced itself to 0.382. Then there is a down side here. Ok?

[17:08] Went here again and retraced myself again. Currently its retracement is happening at 0.618. So the possibility is that the market may again go down from here. If market may again go down from here. If the maximum goes upwards then it will

[17:22] retrace again at 0.786. Ok? So this is its important resistance from where the market can again turn towards the downside.

[17:44] is the matter? Is the number of people going to office more today ? It's Monday brother. People are more busy on Mondays. I think I am doing it on Monday only. What can I say?

[17:59] say? You can come and see it even for 5 minutes. So let's check it once in 5 minutes. How are you. Are you watching? You can see it in 5 minutes. So in 5 minutes you are getting to know one thing that higher higher higher, now

[18:14] that higher higher higher, now you are seeing the trend in these 5 minutes, down is made from here. But you will see that the market has passed some time from here. It's

[18:30] But it is still down, it has not beaten this down and has gone up again. Now it is going down again. So if you have to do scalping in 5 minutes then right now Because from here you will see this candle being formed. So here if it gets a

[18:45] breakout then you will get this trade. You will get the level from here to here. If this breakout is achieved then the level up to this level can be achieved. So a red candle is starting to form. So if you want, you can take a stop loss here. Let's do it

[19:09] Ok. Should we go into trade today? Let's go into trade.

[19:49] log in. Let's go then. Let's see if something can happen. Right now,

[20:23] take big trades. Ok? If you take a big trade now, you may incur losses. So you can do scalping now or So you can do scalping now or you can wait a little. Let's

[21:12] group link in the description of the video, definitely join it and if you don't have an account on Coincx then create one, you will find a link for that in the description as well, you will get a 20% discount dot

[21:36] So on dot coin dot coin also, first of all we will do the same homework which we do normally. same homework which we do normally. Labels will decide.

[22:01] Let's make the level. So this became an important level for us. So this became an important level for us. Hey, let's

[22:24] not make a bigger level. This is one level of ours. And this is our second level. We made two levels. Ok

[22:37] ? So we created a level on the daily time frame. Now let us move to the hourly time frame and look for support and resistance. So here we will create a zone.

[23:18] for the supply zone and we have created a demand zone. It's

[23:59] Okay, we made this. So, what did we do? We also created a zone. Now let's go directly to our 15 minute or 5 minute and see what 15 minute or 5 minute and see what is the situation here, there is

[24:17] see on 5 minutes, some arrangement is being made for scalping, okay, so till here the trend was there, now the trend has changed from here, so you will see that by trend has changed from here, so you will see that by going here to the level that we have decided

[24:29] and the zone that we have decided, going near the zone, this market has again turned and it has gone downside, so you see here a down happened, then again an up happened, but it could not beat this down, so this means we can assume that

[24:44] a lot of potential is not visible in the market at this time, a lot of downside potential is not visible, okay you are getting to see a little more because this is the highest low, right now you will see that it has reached near its low once and no special

[24:58] momentum is visible, so in a way, sideways momentum can be taken, a very small sideways momentum can be taken, a very small trade will be made,

[25:23] [Music] Let's try From here we apply Fib and this is our maximum lowest point.

[25:53] means that from here it can go down again. So if you want to take a trade then you can do scalping for the downside. Ok? And if there is a breakout in this then there may be some risk. But there is a possibility that

[26:07] you will get a downside trade. In other words, let's take a small downside trade. In other words, let's take a small downside trade.

[26:46] Ok. Let's go into this trade and finally short it. and finally short it. What will our stop loss take? 19129

[27:10] because the potential is not that much in the market. If there is not that much potential then such a big not that much potential then such a big stop loss is not right.

[27:37] small stop loss. Ok? Let's see what can happen. Okay Alok ji, any confusion, any problem, any trouble

[29:03] Ok? I am feeling some kind of mood and atmosphere. became lower, then higher, then lower. You will see that it has given a break here. There seems to be a possibility that the stop loss will be moved

[29:20] because if a breakout is found here, then this next range becomes a breakout, see, the stop loss is moved. Ok ? So a big candle was made. Now the next ? So a big candle was made. Now the next point is this. It is a bit of a risky trade.

[29:39] But now you see, a green candle has formed and my stop loss which I had taken has gone, where has the and my stop loss which I had taken has gone, where has the trade gone, the trade is open, it is in the open trade, not the transaction, see this, there has been a

[29:52] see this, there has been a loss of about ₹50, so a big candle has formed, so a breakout has been found here, I did not retrace from here, if I had retraced then this area would have been formed, now I have found a breakout, so if I also

[30:07] full screen this high here. then the next one will try to retrace here. Ok?

[30:19] Here it will try to retrace to the next one. And if it momentum of the market will change from here. It will again start moving towards the up trend. So this is the situation. Just see what happens. I think the bearers have gathered.

[30:57] hum [Music] [Music] Hum,

[31:18] If this level breaks out then it will cover the area till here and if it does not break out then it will cover the area till here and if it does not break out then it will go downwards.

[31:30] stop loss would have caused huge loss, hence we did not take it because our profit did not seem to be that big. Ok? So we will first calculate the profit and stop loss. If the profit is less and the stop loss is too big then we will not take it. I will take a small stop loss.

[34:39] You notice one thing. This level that I have told you about, see how important this level is. One candle here, this candle here, has gone up and then back down. Ok? So there may be a possibility that that level may not give a breakout. If

[34:53] that level is broken out then the trend may also change. So you will also get signal of up trend. You will get a clear uptrend signal. And if you see the pattern that is being formed here, it is a W pattern. So if this

[35:06] candle crosses from here then maybe you can see tremendous momentum on the upside here. you can see tremendous momentum on the upside here.

[36:34] are 5 minutes left now. I have placed this 5 minute chart. Look, it's 5 minutes.

[37:01] Look here, Solana is seeing tremendous momentum. You see, there is

[37:19] So when it has been crossed, you should have taken entry from here and taken entry from here and you could have moved ahead by taking this stop loss. Right now

[37:32] retrace from here. It can even go so far as to come back to retrace. If in any case it happens that it crosses over, then after that it crosses over, then after going here it will come back again.

[38:44] side. But it is going upside. Meaning, if this level is breached and goes higher, then maybe it still has upside potential. By the way, check once how many rays are left in

[39:01] check once how many rays are left in 15 minutes. fifth, sixth, seventh. Look, seven rays were formed on the up side. After this the down side

[39:15] went tremendously. He broke his lower. It went down here and now it is going up again. But this level is difficult to break. Ok? Given the current situation, this level is difficult to break. If it breaks this level and goes up, then

[39:29] continue. Then there will be continuation for upside. Okay okay,

[39:51] Ok? I didn't expect it to go this far. And now it's hoped that the tour can continue from here. One can turn from here for the down side. Let's see what happens. Well, the volume is increasing. This means that it can still

[40:07] go higher. So if it goes further up then we can consider it as maximum here. Maximum can be assumed here. It must be visited from here. It has

[40:39] n't grown much yet. Right now it has increased only by 0.60%

[40:57] Zamane Mein Zinda [Music]

[41:10] Hmm [Music]

[41:35] red candle is forming here, sorry Alok ji, I could not study it yet, sorry Alok ji, I could not study it yet,

[41:47] I forgot about the dominance chart again, I will write it down today and then tell you,

[42:13] [Music] Hum Hum Hum

[43:32] breakout. Now it looks like it will go up here because the zone that I dried is going to go up even higher than the zone that I drew.

[43:44] Here too the possibility is that you will see a new high.

[43:57] Buyers seem to be dominating the market. Look, this big candle has been made.

[44:09] sellers should have been active. But sellers have not been able to become active. Buyers are so dominant that they are not allowing sellers to enter the market. Are you watching? What will be your next target? This one will be the target. Those who have taken entry,

[44:22] target. Those who have taken entry, your target will be here.

[44:37] understand how it actually works. If you know then tell me, today I will study about it and then we will study about it and then we will talk about this also in detail.

[45:16] Remove this. Now it seems that it is not useful because the trend has changed. Let's

[45:59] Now let's start from here. From here I made a high and then a low. Now it is making a huge high. So now the trend has changed from here.

[46:20] made high high. Then take it and make it. Then made it even bigger. Then I made a slightly bigger loaf. Just now I made it high again. Then I made it low and now I have made it very high. Made a huge high. Now the possibility is to

[46:35] make it low again. Make a low again and from here make a high again. This should happen. Now see, I don't know whether it happens or not. This is what should happen. It would be

[46:51] it is moving with tremendous momentum. Bearers dominate. Okay, right? Buyers volume is increasing rapidly. So it is possible that he may possible that he may not come here soon to retrace. It seems to have come to retrace.

[47:06] not come here soon to retrace. It seems to have come to retrace. to test our support, this zone which we have created. Here you have the potential to create a buy again buying position. If after testing from here, a green

[47:20] candle is formed again. Goes upwards. You can create a long position in the market. can create a long position in the market. It is full of

[47:44] bears. They are taking the market to the top.

[48:35] But know one thing, it is very risky to enter into trade here. It is very risky to enter into trade here because the price is already very high and you will have to carry a very large amount here. You will have to keep a big stop loss. So if it comes again to test and

[48:47] retest then it is better if you go into the trade. Otherwise, this is turning out to be a bit risky trade because big candles are being formed and this market can turn at any time. Ok?

[49:01] It can come at any time to test your support. So you wait till it comes down and then we can go into the trade. Rest, there is enough time for today. So, we will meet again tomorrow morning at 7:00. Ok? You guys go to the group and join the group

[49:16] and if you do n't have an account on Coincx then create one, rest let's keep trading like this, okay today we will talk, today I will study a little on Dominance Coin, after that it will be discussed further in tomorrow's session, okay

[49:31] Alok ji, you guys stay connected, thank you very much, potential of buyers is seen then you go,

[49:43] go, okay, bye.