Live Cryptocurrency Trading Session #42: How to Trade Crypto

[01:16] Good Morning. Good morning Alok ji. Good Morning. Mr Abullah. Let's get started. Morning. Mr Abullah. Let's get started. Here I have added a group. Here I have added a group. He is also not visible.

[01:47] Ok. I have pinned this message, right? Correct. So, everything is almost done. A good thing for you today is that I entered into a trade this morning itself. You see, I have made a trade here. Of ₹32. It seemed like a good trade to me.

[01:59] I had made it. So today first of all we will discuss about this trade that why did we take this trade? And then we will talk about many things one by one.

[02:29] I added this link, why is it not visible ?

[02:48] to the topic otherwise it will take a lot of time. So finally I was saying that right now I am in a trade here and I don't know why I felt that from here the momentum will move downwards. So so I took the trade. Now,

[03:02] because it was near its resistance, that is, the supply zone here, so there was a possibility that it would go downwards from the supply zone, so I took the trade here and I have placed a stop loss somewhere here, so there is a possibility

[03:15] that it would go down, I was feeling like this, so till now it has come till here, but from here again the see what happens, whether the trade is successful or fails, but overall I was understanding took it, good morning to all the people who have connected, please like and share the session

[03:30] and do join our group which is specifically for crypto traders. So if you join there, you will get a lot of benefits. There is no charge for that. Ok? Let us start with the first things one by one. Let's

[03:42] see what the atmosphere is in the market. Let's move on to Ethereum first.

[03:57] you look at Ethereum, it's in the market between the levels we drew, and it's also in the zone we drew, and this zone is also

[04:16] further. So overall, the zone is also useful for you. So if watch for 1 hour then things will be more clear. So if you look at it after 1 hour, you will see that

[04:28] So if you look at it after 1 hour, you will see that all these things are still useful to us. Remove the . Ok? So, right now this entire area is useful to us. You will see that it is roaming around in this area. I have not been able to break my level yet. So, right now

[04:42] this zone that we have created is close to this zone. This means that from here the only possibility is that it can travel upwards till here. It can travel this far. Basically, this is the probability right now. But what is the overall market momentum

[04:55] ? So the overall market momentum is negative right now. So this means that maybe you may also see a breakdown here. Ok? Because the market momentum is negative, if more selling pressure comes then you will see it breaking here. So even

[05:10] pressure comes then you will see it breaking here. So even this area and goes down, I think it will go up to this maximum. After this it will try to get support again. But if it goes up then this

[05:25] entire area is available. So there is more potential above. There is a little less potential below. So what should you do? You should either take the trade for the upside. If you are taking a downside trade by placing a stop loss here, then wait for its breakout.

[05:37] Wait for the breakdown. After this, you will get this area here. It you will get this area here. It Ok? Ethereum is talked about. Let's look at Bitcoin.

[05:52] Ethereum is talked about. Let's look at Bitcoin. is positivity in Bitcoin. Let's get into Bitcoin. Basically, if you look at Bitcoin at 1 hour, then the level that we had created is still at that level. It has been

[06:07] running at its level for a long time. You will see that it is at its level since 29th and 30th. It is in the same level. And we made this level in 1 hour. Especially for scalping or short term trading. You will see it is close to this level. This

[06:20] potential is being created for you right now. Currently the market is in upside momentum. This means that is in upside momentum. This means that if this breakout occurs. If Bitcoin breaks out, you can trade this breakout and you will

[06:33] get the momentum up to here. You can catch the momentum till here. You have to place the stop loss here. If you are going into a trade somewhere here, then you can place the stop loss below it. Ok? Below this zone that I have created,

[06:48] you will have to trade by placing a slightly bigger stop loss. If you place it too small, it may still hit. So the second possibility could be that only upside momentum is visible here. The down side is not coming. But if this

[07:00] breakout is found on the upside, then if the breakout is not found then maybe again you can cover this area because it has been moving in this area for a long time. Ok it has been moving in this area for a long time. Ok ?

[07:21] you will see that it seems our trade will fail. There is positive momentum on 1 hour. It was negative at 5 minutes.

[07:37] Look, it has become a big candle. Ok? This has formed a big candle and there is a possibility that the stop loss will be eaten up.

[07:50] that there is resistance here and since it is a negative market, it will come down again through this resistance and this area will be found. But what happens in crypto currency is that big candles are formed. So many times big candles destroy your

[08:03] entire analysis. Now this is becoming a big candle. Bears are increasingly dominating the overall market. If it moves upwards, then somewhere here you may again see upside momentum and you

[08:17] may again see upside momentum and you can go into an upward trade.

[08:30] Bayer Sabi is happening. The volume is also increasing.

[09:07] hum hum

[09:27] Stop Loss went to eat. Try the stop loss and see what happens.

[11:46] trade on the downside here. That's why I am entering again. I am re-entering after eating the stop loss. I'll see what happens this time.

[13:23] Hum Hum [music]

[14:42] any of you guys in the trade right now?

[15:20] What have you invested your BTC in? Alok ji, did you invest in Bitcoin ?

[16:23] Hum hum hmm

[19:58] Bitcoin dominance is not going up. Let's see when it goes.

[21:11] Good morning Abdul ji Shamsher ji

[22:53] group, you can find them in the description of the video, I give them to you there too, here I am not able to do it regularly. You can join. Calls are available there also. But the thing is that you should analyze it yourself once before making calls. Isn't it

[23:07] ? The rest keep coming. There is also Expert Pick and you keep getting a lot of calls. Go and you keep getting a lot of calls. Go

[23:22] basic things are discussed. So gradually you will learn. Isn't it? You will learn by doing. It's nothing big. I am also learning like you all. I am not a great expert. Let

[24:26] me show you the Twitter group.

[24:38] Ok? You can see. It is now visible on your screen. So you will keep getting calls like this. At what price should I enter future calls , what will be the target, how much leverage should I take, okay? It will be told in which token to enter, to go long, to short. It will be

[24:51] enter, to go long, to short. It will be ? When the post was posted, all these things will be there. And if you want to take entry, the reason for Its region will be in the notes. Ok ?

[25:07] Indicators are lagging. Everyone has their own. Someone takes the moving average. Someone takes the moving average. Someone carries Bollinger Bands. We are talking about price action these days. Ok? So the indicators are a bit lagging.

[25:19] This is the problem. So if you look at it this way, you will keep getting all the information. You will keep getting news about what is happening in the market right now. Look how many calls there are. I

[25:32] see that I keep getting such calls regularly. So you can join. You can join this. I am giving you the link.

[26:30] problem. You can take it from there. I will still try and give you the link.

[26:55] What problem are you facing in opening an account in Coincx? Please tell me. If I am able to solve it, I will definitely solve it.

[27:34] Check it from your end, I have sent the link. Linked by the name Alak Wealth. You can join. Ok? So you will keep getting things in such groups. So I hope you have understood these things. Now let's come back to our trade. So see, a

[27:47] good candle has formed and it has gone upwards again. Let's see what happens. [Music] Shamsher ji, are you facing any problem

[27:59] Shamsher ji, are you facing any problem in opening an account in Coincx?

[29:44] 66.99 million, this is what you are asking about, Alok ji,

[30:32] I don't understand it very well. You tell me what is this?

[34:20] ? All the people who are live, what do you guys feel? Will you get something in the trade or will you lose it feel? Will you get something in the trade or will you lose it ?

[35:30] Vishwajeet ji, there will be a stop loss hunt. Let's see. Well, I feel like it's getting bears week. Sellers are going strong. Why am I saying this? Look what a big week this is. Meaning the buyers have taken the market this far. But then the

[35:42] sellers have pulled it back. Right now I feel that as the situation is developing, the closing may also happen on negative or else the body will become very light. body will become very light. G alt coin is all red.

[36:11] everyone is red. Alt coin Bitcoin is also red.

[37:06] More corrections to come. How much percent correction is expected?

[38:35] [Music] 9000

[38:47] then there will be very little correction, understand

[40:11] support around 16,500. So I may also survive here. Let's see

[41:09] hum [music] a big candle is being lit in our favor. See.

[41:24] Well, ours is huge in Target. It is not possible to achieve such a big target so quickly. For that, the entire momentum of the market will have to move.

[44:03] It has broken this level twice and is still below the level after breaking it. So let's do this, we change the level a little bit and shift our level here, this area. Ok? This became our new level.

[44:18] area. Ok? This became our new level. And what we did was

[44:39] kept here. Ok?

[44:58] In this you can see the area up to here for the side. Overall its momentum is positive. So you can even see the area. The

[45:20] rest of the things we are trading in are just games. Our time is also over. It's been about 44 minutes and 45 minutes. So that's all for today. Then please join us at 7:00 in the morning. The

[45:36] numbers have been low today. The likes have also come down.

[45:54] Tell me, in such an environment, will anyone take the trade? Okay, fine. Then it's bye to everyone for today.