How to Make Money Trading Bitcoin with False Breakouts

[00:02] today's value is approximately $1133, which is around one thousand dollars, something around six thousand three hundred reais. And guys, I did this using something very simple, something that any beginner

[00:15] can do. I'll see if I can explain to you how Visa works, how it you can do the same thing. Note: I opened this operation on my cell phone because I wasn't at home, I was in the car. I stopped here, look, I'm going to do the

[00:28] show you how I did it. That's how Mrs. Henrique... This video is at home, I'm on my computer screen, it's just for me to have opened it on my app. Work before, we went there, I made my entry, and you saw what happened.

[00:43] I'm going to explain on the computer screen, I'll show you what I did to enter, something that's very simple, anyone who do it. Same thing, I'm going home and I 'm going to show you how

[00:58] your heart was and we're going to do the operation on the cell phone or on the strategy you have to have, I'm going to have a kind of grace and peace and it free, guys who watched, also

[01:11] not writing like that, then I get sad, right, because I record contact with you, subscribe, friend, it will be very related to Editora, play that intro, just remembering that my faction and the

[01:29] Hi and Only have one life something borrowed guys I'm already going home, I needed to, mom is missing you, I was I have this car here which is a Ford Fusion, it's a sedan, I like sedan cars, I don't like

[01:43] getting another car, maybe an Audi and maybe a BMW, I don't know the exact brand, but it has to be a sedan and have a sunroof because I really like comment below. Who knows, maybe I'll make a video buying the car with

[01:57] apartment, it's still showing 1200 guaranteed for a stop, I even forgot to tell you the signal for this operation here, I posted it in the Telegram group, Litoral Tal, Telegram group, finally the arrest. Join the

[02:11] some operations I do, and let's go, on my computer screen I'll show you how I did this, let's go guys, I'm here on my computer screen in an operation, it's still giving me

[02:28] guys, this is the fourth operation from yesterday to today, you can operate every day, you have the opportunity to do it every day, you have a good and well- defined strategy. So let's find out what I did, how I

[02:41] entered, what I analyze to enter the asset, guys, yesterday my bankroll was around $1200, now it's already at $ was around $1200, now it's already at $

[02:53] how... I did it. How did I get in? I entered with approximately $400. A lot of people still say, "But it's easy to trade guys, it's not easy. It's the same for those who have a lot of money and for those who have

[03:06] knowledge. If I had R$100 here, I would want to more than double it. My initial a good strategy, it doesn't matter how much you start with, it doesn't matter where you start. The point is, you'll take a little more time

[03:20] your bankroll. But by doing this for 12 months, you can increase your bankroll. I've seen people take R$500 and make R$ 5000. So it's possible, yes. So let's go. What's the first step I use? The first thing I analyze is that I always

[03:35] look for an Eden in upward trends, but one that shows upward interest in the 24- we find that? You come to this website called CoinMarketCap. And then you 'll come here. Okay, so in this 24-hour and 7-day chart, if you click here on 24 hours, this will show you

[03:51] the ones that appreciated the most in the last 24 hours. If you click here on 7 days, it will show you the coins that appreciated the most in the last seven days. In this to stop the video with this; I'll explain why in another video later, but I'm not

[04:03] You see that in the last 24 hours, it suddenly appreciated 3.8 percent, and in the last seven days, 14 percent. So it's within our setup, but I could do this with any other coin here that's also in the

[04:16] futures market. So select a coin. Okay, we're going to the chart. I'm here on the chart of the other shipment, on the weekly chart, and the second step will be this: identify the strongest supports on the one-day and one-week charts.

[04:28] In a week, you put... so I took the Bitcoin chart and a weekly chart of Bitcoin, and here on the weekly chart of Bitcoin, I looked for " What is the strongest support on the weekly chart?" because the support

[04:42] Weekly geographic charts will always have stronger supports, so the support on the weekly chart will be much stronger than the support on the hourly chart. Look at the weekly chart; it's a support here at $60,000, which is

[04:55] very strong support. And here's a tip: supports need to be much round numbers, Henrique, because psychology dictates that people prefer to buy $60,000 worth of Bitcoin rather than $ 59,500 or similar amounts. So, generally,

[05:10] very strong supports tend to form around round numbers. So I identified this here, placed it at 60,000, and okay, what are we going to look for? We're going to look for shadows of false breakouts. What do I mean by that?

[05:23] Two false movements in one thing. If you don't know what support and resistance are, and you don't know how to draw support and resistance, and there are no videos on this channel where I explain everything step-by-step for beginners on how to use support and resistance,

[05:35] resistance. If you don't know what it is, watch this video here, okay? So, breakouts. In support for us to organize our entry. What do you mean by false breakouts? Well, I'm here on the weekly Bitcoin chart, now I'm going to go

[05:50] see. Bring it to the weekly chart. Let me remove this other one, your clients, just let me see. This in the middle of resistance, so we can see that our support is very strong here, it was traded once, twice, three times, four times, so very strong support. It's

[06:04] also on the weekly chart. And what is a false breakout? The movement, guys, is this: it went above the local support. This was resistance before, it was broken, it became support. This one became support

[06:17] while the hold lasted. What happened next? It went over here, a red candle appeared, and here below... There was a false breakout. Let me false movement, and at some point during the day it went down here, broke, but it

[06:32] automatically returned. So, since there was a false breakout, remember that. happen just once; it tends to happen at least two or three times. And then I... Reducing the timeframe to 4:00, you noticed we start on a

[06:47] one-week timeframe, go one day, and then jump four hours. So I saw that this happened once here, it was at this moment in this corner here, so it broke through and went down to around 59,000, less broken. What I did

[06:59] after I saw that this happened, that the price started to go back up? made a move and it went back up. I tried to find out what the price was at now, so how come? Because it's near support or resistance.

[07:13] started this operation, the price was up here, it was at 62,000, it had already passed 60,000, but then it started to make a red bearish skin. So what I did was, I placed a buy order near $60,000 expecting a

[07:28] false breakout. So usually, more than one false breakout at support happens. So, once here, I was quick and bought up to 59,000, but what I did was, I didn't put... I placed an order at 59,000 because usually the

[07:42] second false breakout tends to be a little better than the first. Some breakout was quite long, it went all the way to around 59,000. There's just one breakout went here, put a red line around 58,000, it was

[07:58] very fast, it touched and went up. But usually, you're not on the chart at that I did was set an alert on my phone, it was for when the Bitcoin price reached approximately 60,500. I received the notification (you can't

[08:11] work in this). Later I'll show you. So, considering that I imagined there would be a second false breakout near the support, I placed a buy order at 60,300. Why didn't I leave it at 60,000?

[08:25] Because sometimes the price gets close to the support and then goes back, so allow for a margin of error. I left it here at around 60,300, which is the entry price. Here, at 60335, at the moment I placed that

[08:40] order, that's why I was here, but it was already in the red, which alerted me. I knew it was the Christ indicator because it wasn't red, and I left my order here, and then it was done, it was a

[08:53] matter of seconds, guys, the price of your order started to go up again, I had an automatic profit, like this, it touched and went up. I already made more than a hundred dollars in profit in a matter of minutes. So I left my order here at 60300, that's why it

[09:07] went up again, and here comes another very important thing, right Rico? You have 50x leverage, I'll record a complete video on leverage later, but I don't recommend 50x leverage, it 's really the floor, at most

[09:19] 20x, because if you're a beginner you can't use 50x, only accounts that are more than 60 days old can use 50x leverage within the Bar, and generally the people who are already more cautious, there's bananas,

[09:32] guys, a quick warning, they always ask me where The thing is, I learned how to trade by all this knowledge from it, and I'm sharing it with you all. Okay guys, I took the Masters of Bitcoin 3.0 course. It's a course I've watched several times, and I highly

[09:45] to this course will be in the description along with a discount coupon where you also a video on this channel reviewing the course from the inside. So, expert trader, click the link below, check out the course, use your discount code, and let's

[09:59] advantage I recommend for beginners is that it's 20 times the odds in Cross trading. You leave your bankroll as collateral, and you use a small amount from your bankroll. So, I started with a small amount, like I have $100 in my

[10:13] small amount, like I have $100 in my bankroll. Use $25, use 25 percent of your entire bankroll. I recommend that you have an account that you're willing to risk in the trades, like I'm willing to

[10:27] risk, I don't know, without dollars. And now, if you have a bankroll of... So, you're willing to risk 10 percent of your bankroll. Then you put the dollars in dollars in your futures account and you enter this operation on Kross Il

[10:42] Kross without entering the Cross, you'll put $25 of your bankroll there, which is more or less 25% leveraged 20 times. This will leave you more protected because when you go 20 times your Stop, it's at 5 percent. When you use

[10:58] the Cross and you only use 20-25 percent of your capital, your leverage price will be much lower. Considering that the price was in a strong upward trend, you already caught the breakout where

[11:12] Bitcoin has no chance of returning. You would have a long margin there, the normal liquidation here would be at 5 percent. So, Vitor, since it's already in an upward trend, the chance of it falling to 57 is already low. If you

[11:24] small amount of your bankroll, your liquidation value would be around... $52,000, $53,000, so this is really good, guys. This chart is very beautiful, look, I'm taking the $1,400 in this operation, it's beautiful.

[11:39] So my liquidation price was very, very, very low, and then I took the fourth step, which is to place our entry below the support near Kendall's shadow, which had a false breakout. So let's try to

[11:53] saw that there was this movement in the chart here, look, it makes a movement, and then the price goes to $58,000. We know that this, 60,000, is a great support. You can place your buy order through this, this

[12:07] dotted line, to place another one. This dotted line is the buy order. I could have placed my order here a little below the support of $ 59,000, but I want to risk being out of the operation. I placed it a little

[12:19] above the support. Look, if I had placed it below, I would have taken even more profit, but it can happen that the price doesn't even touch it, it doesn't even reach it, I bought there and it goes back. So, going up, I left a... But ideally, for a safer operation, you should

[12:31] leave your entry price a little below the support price, like half a percent or one percent below the support, because when there's a breakout, the price will automatically go back there, and

[12:43] then what do you do? What's the next step? That's the warning... And you place your Stop at two and a half percent, two and a half percent, right below your current price. Remember that your entry price is already a false breakout, meaning don't

[12:57] touch there again, it would be very quick, and then you leave your Stop at two and a half percent. It depends a lot on the leverage, but with this leverage, I would use more or less two and a half percent. Let's see on the chart how much

[13:10] 2000% would be here, in the value of each... it would be around $8000 if I had entered here below... my Stop would have been much safer, I would be risking capital to have a very high profit, so I

[13:25] usually enter these false breakouts and... Hey, how do something I forgot to tell you: activate the notification in the Banana app. If you can activate the notification, by chance, I know it reaches an

[13:39] undetermined value. You'll be automatically notified that when it hits the target, your order is executed. If it hits the target, you automatically take your stop loss and set it to break-even. You move the stop loss to your

[13:51] entry price so that if the price goes down, you'll be stopped out. Okay, break-even. What I usually do is leave it a little above the entry value. So, if it were Saturday, like I entered at 60,000

[14:04] for example, there was a false breakout, it went back up, I leave my stop loss here, my 60,000, I left it at 60,500 and then I moved my stop loss up. And then you see, it didn't reach my stop loss, I'm riding the wave, $1,300

[14:17] in profit. That's crazy, we can reach 7,000 reais, guys. I use this a charge you a fortune to teach you this, but I'm teaching you for free. And if you

[14:29] want an expert on Mercado Livre (Brazilian online marketplace), I recommend the " Mestres do Bico" course. In some debates, it's the first one, everything I do today, all learn here inside the "Mestres do Bico" post, from the basics to the

[14:43] leave the link to the course below with a discount coupon where you are Vinícius here, and many other strategies that I use in my setup. One very important thing, right Henrique? When do I close the operation? Guys, I try to

[14:57] resistances, but I don't close manually. I keep raising the price of my stock do. One very important thing is, my friend, if you make a profit on a trade, take the profit from the operation from your futures account and put the value in your Spot account. So if you

[15:12] started trading with $1000 and now you have $1500, you will take your $500, put it in your account with the photos, and operate with a fixed bankroll. Only then I helped you, my name is Henrique, if you want more videos, just

[15:26] click here on this channel, Bruno Henrique, that's mine.