Live Crypto Trading Guide — Full Breakdown & Transcript

[01:50] am fine Alok ji, good morning, okay, he is having a little more problem

[03:54] first look at Ethereum. How are you in 4 hours ?

[04:07] All the established coins are going down. What should be done? What should be done? Down trade in 4 hours

[07:43] create a position, we do n't even know when it will get liquidated. Yesterday I took a position in a small coin. A candle so big was formed that my size itself got completely candle so big was formed that my size itself got completely liquidated.

[08:15] If you want to trade for a long time then you will have to you can proceed with this stop loss. You can take this stop loss and

[08:28] and move towards the upside. This area will be your target.

[08:45] And Dot Coin

[09:14] stop loss should be at least on one hour.

[09:45] This will be your stop loss. This will be your target. You will book the first target partially here and you will book the second target here. This is how

[09:57] I feel about the market, but your view may be different.

[10:19] Now you do not have to take leverage more than up to 5x.

[14:18] people who have connected. Good morning everyone. There you can create an account on Coinx. You will have to pay 20% less charges and there is a group which you can join.

[14:42] We have indicated a trade.

[16:48] 59.3% since last month, which means people's inclination towards Bitcoin has increased. You will see that Bitcoin is falling but there is a small decline and the coin is falling more. Ethereum is negative and others are

[17:01] Ethereum is negative and others are only 0.11% positive. So people are showing more inclination towards Bitcoin. Apart from this, the Fear and Grid Index should be checked Apart from this, the Fear and Grid Index should be checked once. The

[17:33] means people still feel that the market will fall further. It is 24. Isn't it? Yesterday it was 25 and today it is 24. That means people are more scared today than yesterday. Let's see what happens. If we

[17:45] talk about fair extreme level then it is 15. So right now it is more than 15 but gradually it is going to come closer to that. Isn't it? Fear still persists in the market.

[18:47] Tell me about the tools on four. What tools do you want to know about? Alt Coin Season Index is also continuously falling.

[20:18] more useful when a trend is ongoing. I don't see any such trend right now.

[21:11] Firstly, this is the middle level. There is one level like this. One this one and one level like this. One this one and one this one. That means if the market is going upside from here and if it has continuously reached here, then there is a possibility that it will come

[21:26] back from here and take support here. If this support breaks then it can take support here and if it breaks then it will try to take firm support here. Ok? You will see that these candles have reached from here to here.

[21:40] Almost reached here. It took support here. That means support has been taken at 0.618. Sorry, I have taken resistance. After the resistance, it has gone down again. Now its next support should have been here. But from here you will see that I have given you the breakdown.

[21:54] gave a breakdown even further and gave a breakdown even after that. This means that all three of these supports that could have been there have been broken. And you will see that this support was formed and from here you again saw upside momentum. I broke this, I

[22:08] broke this, I broke this. Then we believe it will break it. But then we believe that there may be resistance here. But when there was a break here also, then this was the last level. From here it had to change by any means. So you

[22:21] will see that from here it has changed again and an attempt has been made to get support here. It has gone down a little but has at least taken support. Then you see it is at least taken support. Then you see it is moving in this range. This

[22:37] means that if it is moving in this range, then from here there is a high chance that it will either go to the area till here and come down again or it will break down and go down and take support here. So the advantage of this is if you are in the trade,

[22:51] right? If you are in trade, it if you are here right now , the market is here right now, then you do not have to make an entry here. Okay, right? Whenever you come here,

[23:06] come here, you can make an entry here. That means you have to make an entry near the support and sell near the next resistance i.e. the next level. This one This one here, this is how this tool is used. Isn't it

[23:23] ? Some of these labels are called important labels and golden labels. I called important labels and golden labels. I

[23:42] understood Alok ji,

[24:00] here we have told you the entry near this range and this one we have told you the stop loss approximately here and then your target, suppose here we have told you a slightly bigger target but at the initial level your partial

[24:14] target will be this and tar means you have to do a little profit booking here but when the

[24:29] works better in it. Fib retracement retracement works better. If the

[24:50] you will see that you have got a good amount of momentum. Now you are accumulating. After accumulating, you may see momentum again you may see momentum again and I am bullish on this. I

[25:03] think the chances of going upside are high. Whatever may happen next. It is not

[25:15] necessary that I am right. Isn't it ? Levels above one are not considered very important. some levels, there are levels on which we react more. Any other such

[28:14] some concepts should be told to you people through reels. Isn't it ? A little bit of concept should be explained through reels. Which are important trading concepts or we can start a series like this by doing a 60 day trading challenge. In this, an

[28:26] In this, an How are you feeling, is it feeling okay, tell me Alok ji, is it

[28:40] feeling right, tell me should we try doing something like this,

[29:08] wear the first love, the first time it is an eyes on

[29:21] coming to my mind, I have not been able to work much on Insta etc. for a long time, actually not been able to work for a long time. Whether it's about the stock market, crypto , mutual funds, I'm unable to work. I did not get any time at all. So I am

[29:36] thinking of doing something like this because this space has been created.

[30:12] Let's not let anyone stay. Let it be. Let's

[30:47] I have never used the trend angle SH. Yes

[32:04] remove a Fibonacci trend angle. This is gone. moved away. Okay, right ?

[34:19] I will have to study a little about this myself. I have

[36:22] and what else should I

[36:39] Hum Hum

[38:00] ? By subscribing to TradingView, you get some additional features which are at an advanced level and which you will not find on normal charts. Isn't it you will not find on normal charts. Isn't it ? You won't get it in the free one.

[38:18] If you subscribe to a trading platform like Trading View, n't do more than that. So if you are a pro trader and you want to perform multiple things on a single chart, then

[38:35] you have to upgrade to pro. You have to take a subscription. Otherwise, if you are a normal trader, then things will work out. But the question is what is your objective? Isn't it ? You need to invest money according to the objective. For example,

[38:51] need to invest money according to the objective. For example, I have not taken any subscription. The

[39:05] things are available. So for example, let's say I have two indicator plots here. One volume has a plot. There is a plot with support resistance zones. There are two. One I'm looking to plot a third one. Let's assume I

[39:22] want to plot the moving average exponential. So as I plot this, cannot plot more than two indicators. Isn't it ? I am saying more indicators more

[39:34] trading possibilities you have to apply to indicators the maximum available of your plan support resistance power chart prime this is what I have done. EMA I did. So I have done two. If you want to do more than this, you can plot more than 25 indicators on

[39:48] one chart. So for this you will have to go premium. So 30 days free trial is offered to you. If you click from here, you will see that it will ask you whether you are a professional, using it for commercial use or non-

[40:01] So let's say you are a non-professional. If you confirm by clicking here, you will see that the prices will start appearing to you from here. Isn't it ? These prices started appearing. So this

[40:13] is a very expensive plan. If you want to use it properly. If you are a pro trader and have enough money and you feel that you need to take such a plan, then you can prefer here. Here it will be ₹995 per month. You will

[40:28] Here it will be ₹995 per month. You will Here you will get two charts, you can use five indicators, you will get 10 historical bars, apart from this you will get 10 palace chart connections, you will get 20 price alerts, you will get

[40:43] 20 technical alerts, you will get such things. Now, if you are going to invest as much money, you are going to increase it, then remains something like this. According to me, if you do not feel that it is very important then you

[41:01] can go for free. But if you feel that you cannot do without it then you can go for the tree. So this ultimate is for pro traders whose trading volume is very high. We have so much

[41:14] trading volume that such a huge subscription has to be taken. Okay, right? So these are the basic things. You decide the rest.

[41:32] First wear the drink, first make it, we hum hum hum hum hum, no first make it, we hum hum hum hum hum, no

[43:01] I can clear it. If it is not coming then I will clear it later. not coming then I will clear it later. Ok.

[45:08] no gold trading facility in Coincx, otherwise I would have to prefer another platform for that. That's why I don't do it, friend. If I had found otherwise I would have to prefer another platform for that. That's why I don't do it, friend. If I had found ok. So that's all for today. We have gone live after a long time, so we could

[45:25] not establish a flow. Isn't it? I will try to be regular try to be regular so that a flow can be created. Ok? You guys joined