AI Summary
In this live trading session, the presenter shares his technical analysis and trade setups for major cryptocurrencies, including Bitcoin, Ethereum, Solana, and XRP. He discusses his trading methodology, key price levels, and potential entry points, while also promoting his trade-copying app 'Copy Me'.
Chapters
The trader entered a GBP/USD trade with a first target of 3.49 and an ultimate target of 6.77, and he is waiting for confirmation to add more positions.
Bitcoin is expected to drop to 44,700, a level where the trader suggests accumulating for a potential rally. He is waiting for a break below a key line on the 1-hour chart to confirm a short trade.
Ethereum lacks clear structure, so the trader has a limit order at a demand zone and suggests setting an alert on the supply zone for a better entry on the 5-minute timeframe.
Solana shows a textbook break of structure with a golden zone as the next target. The trader has a limit order in place and will use Fibonacci retracement if price doesn't reach the zone.
XRP has clear structure with a break of structure and a golden zone. The trader is waiting for a break and retracement to enter, with a target of 0.67.
The trader recaps his plans for each cryptocurrency and promotes 'Copy Me', an app that allows users to copy his trades, currently in testing phase.
Mentioned in this Video
Study Flashcards (5)
What four things does the trader look at when analyzing a chart?
medium
Click to reveal answer
What four things does the trader look at when analyzing a chart?
Trend, structure, area (supply/demand zones, order blocks, golden zones), and confirmations.
07:34
What is the key Bitcoin price level mentioned for potential accumulation?
easy
Click to reveal answer
What is the key Bitcoin price level mentioned for potential accumulation?
44,700.
06:10
What confirmation does the trader wait for to take a short position on Bitcoin?
medium
Click to reveal answer
What confirmation does the trader wait for to take a short position on Bitcoin?
A break below the marked line on the 1-hour timeframe.
08:31
What is the target price for XRP mentioned in the analysis?
easy
Click to reveal answer
What is the target price for XRP mentioned in the analysis?
0.67.
23:50
What alternative approach is suggested for Ethereum if price reaches the supply zone?
medium
Click to reveal answer
What alternative approach is suggested for Ethereum if price reaches the supply zone?
To set an alert on the supply zone and look for a confirmation entry on the 5-minute timeframe.
24:45
💡 Key Takeaways
Four-Step Trading Framework
Provides a clear, repeatable method for analyzing any chart, making it a foundational technique for traders.
07:34Bitcoin Accumulation Zone
Identifies a specific price level (44,700) where the trader believes Bitcoin will drop to before a potential rally, offering a concrete entry point for investors.
06:10Low Probability vs. High Probability Trades
Distinguishes between trades with and without confirmation, emphasizing the importance of waiting for clear signals to improve success rates.
11:15XRP Target Price
Provides a specific price target (0.67) for XRP, giving traders a clear objective for potential trades.
23:50Full Transcript
[02:10] >> Good morning, traders. Welcome to the show. yesterday, I believe a lot of you were here yesterday. And yesterday, I told you that guys that um I was looking for confirmation for
[02:23] British pound USD. So, I found that confirmation. just showing you live where I am right I got in yesterday. And this trade is giving me a 3.49
[02:37] Um I think it's here present. It's coming back to the entry to present another opportunity for those who still want to enter into this particular trade. And I I want to state this while on this
[02:50] live that this point is my first target, 3.49. But the ultimate target is this. This is the ultimate target, this one. And this is a uh 6.77. So, I might end
[03:05] up taking a partial here and see what price does in this region. higher here, I'm going to exit this trade. But if he gives no confirmation and cuz he breaks this level,
[03:21] being this trade and take it all the way to this particular point. So, this is am in on British pound on British pounds USD. because on Tuesdays, we do crypto. We're looking at Bitcoin, Ethereum, Solana,
[03:36] going to on a lines and see if there opportunities for us to trade in. And so again, welcome to the live once again. Good morning, everybody. Um if you are a regular here, you know
[03:52] our tradition. Just go to the comment section and tell me where you are attending the live from. It's simple, just type the the city and the country you are attending from.
[04:06] I want to give a shout-out to you. So, for me for example, me currently, I'm in Port Harcourt, Nigeria. drop in the chat, tell me where you're tuning in from. Um, my regulars, Deeps,
[04:21] I see you. Depor um, I see you. um, I see you. Iwe Festus good morning.
[04:33] King Toluwani you are welcome to the show. Um, Passive Income, I see you. So, let me know the where you are attending the live from, the city and the country.
[04:47] Um You will force, I see you. You will You will force, I see you. You will force is in Lagos, Nigeria. cryptocurrencies um, today.
[05:02] um, today. Ozioma is in Anambra.
[05:14] Gentle uh um Hagai >> [clears throat] >> keep dropping where you're from while we get into the chat. So, the first chart we're looking at is, of course, uh
[05:30] Bitcoin. Bitcoin um, USDT. So, this is the chart. I believe this is going to be a reason This is going to be a long class because these are the charts I always show and when I take trade, you see where I'm
[05:44] when I take trade, you see where I'm taking um, my trade from. Okay? So, if you look at this chart, uh I'm going to start from the 4-hour uh I'm going to start from the 4-hour time frame.
[05:56] from where we were in this region, I was saying Bitcoin is going to drop, and it zone. And I have had this level marked out, 44,700. And I believe that Bitcoin is going to
[06:10] drop further to 44,700. I believe that when it when it dropped to that zone, that is even those who are doing trade sports, when Bitcoin eventually dropped to this zone, this is when you want to
[06:23] accumulating because it's going to take a long It's sometime before it gets back a long It's sometime before it gets back and hit its all-time high again. 44,700 showed this on several of my charts, on the 12-hour
[06:38] and on the monthly charts. That is a region where that there's a gap there that needs to be filled. And when Bitcoin fill that gap, I think I believe that is when it will start going higher. And that is
[06:51] when you start buying You should start buying your favorite crypto because I want to say favorite, you want to look at Bitcoin Solana, XRP, BNB before you look at any other any other cryptocurrencies. But,
[07:07] This is what I'm looking for. We're going to keep trading this now. I'm going to keep coming here to show you what I am looking the trades I am looking for. To see. So, that is that on the 4-hours.
[07:22] break of structure here. Then, that break of structure led to Then, that break of structure led to this golden zone.
[07:34] I want to repeat, you guys know the way I trade, I look at four things. One is trend. Where is the Where is the trend into? into? Two, is structure. How is it moving?
[07:48] Two, is structure. How is it moving? Um three, is area. What are the areas it reacts from and I and I look at um supply demand zone and order blocks and golden zone. Where is it reacting from? And four, I wait for confirmations in
[08:03] those areas. So, the last um so, after this because structure we had this particular golden zone. Okay? So, what I'm looking forward to is Bitcoin reacting from this zone,
[08:17] then I take a short position. Now, if I go down to the 1-hour time frame, frame. So, over here you can see I marked zone. And what all I was waiting for is for
[08:31] Bitcoin to come and break below this line. Because when it breaks below this line, I'm going to remove this. Uh when it breaks below this line, it now gives me confident
[08:49] going to retrace and go down. Bitcoin never broke below this line. As a matter of fact, I marked here as an order. This is actually a demand zone. Uh Bitcoin rather reacted from this demand
[09:04] zone and went up. But, if you also check, it didn't go above the previous high. It didn't go above this previous high. So, everything we have here is actually
[09:18] a range. You see what I mean? Everything will happen in this region is a range. Okay? We're not having any break to any side. Just like I told you on EUR/USD, what we have on EUR/USD is a range. And the only
[09:33] structure I was seeing was on GBP/USD and that's why I took that trade. I I'm sure I just showed it out on GBP USD. But, looking at this internally, I was kind of trade, but I wanted a confirmation.
[09:46] confirmation. Um there's a demand fill here. And that demand fill, I can also call I can actually I can actually also bring It was a call this now a break of structure because when I drew that, it
[09:59] was only a demand fill. Or we have not broken structure. So, what I had in my head was, "Okay, this is a demand fill. I'm going to go ahead and draw this again
[10:13] ahead and draw this again from this point. The whole of this region then becomes my golden zone.
[10:29] So, this is not ideal. I'm going to put on an alert here. So, this is I have an alert here already. So, this is not ideal. Um when price comes to this region,
[10:43] on the 5 minutes, I want to if price finds its way to this I want to if price finds its way to this region, wait for a confirmation entry to go short. That is the entry trade.
[10:59] Okay? But, the reason why I say it's not ideal to take this trade is because ideal to take this trade is because like I said earlier, over here, a zone that needs to be broken to confirm
[11:15] As it stands now, there's no confirmation. So, this not a This is a low probability trade. It's not a high probability trade because we have the the the price has not told us that, "Okay, I'm ready to go short now."
[11:31] It is still in a range. Hope that is clear. at something. But, if you look at the 15-minute time
[11:43] you look at the 15-minute time frame, there's also structure here. You have trading, this is what you might consider. I'm more of a swing trader than a day trader. So, if you are day trading, this
[11:55] There's a break of structure here, a break of structure here. break of structure here. So, this region over here is actually on the lower time frame. If you take from here, and if you take
[12:08] the Fibonacci tool from the top to the bottom over here, you will see that from the 15-minute time frame, even this region here is overlapping
[12:20] is overlapping a a supply zone and a Fibonacci um golden zone. It's overlapping it. So, in this case, you might want to now go down to 5-minute time frame or even the 1-minute
[12:34] Okay, I'm going to I'm on the 2-minute time frame. You can go here and say, "Okay, I can actually take this trade." So, what kind of trade What trade can I take here? I can mark this out
[12:51] Then, I can mark this particular zone. So, this a This for a day trader, okay? I might actually take this trade myself if I see that. So,
[13:04] because if this over here gets broken, if this line over here gets broken, then we are likely to come and hit. If this gets broken, we are more likely
[13:19] So, how do I take this trade? So, if price So, if price comes all the way down, which way the retracement now take it lower here.
[13:37] from here. This will be my high. This will be my high. This will be my low. Uh this is not going to give me a very good risk reward ratio.
[13:50] It's going to give me that good risk reward ratio. Let's see.
[14:18] taking this trade. Now, on the lower time frame, I want to repeat this. On this lower time frame, this is how the possibilities of trades One is from here. When this happen, I like to use my Fibonacci, too. So, let's
[14:31] say we break below this region. Okay? Then, we break below this region this way, then I'll be happy to go short.
[14:47] from here, this is going to be my trade. Okay? Cuz it's going to give me at least a three risk reward ratio. This will be the trade I'll be taking if this breaks here.
[15:00] But again, if you want to take um you want to trade from this region, this is a more higher risk. I don't know if I should be telling you guys of a higher risk trade than what it is right now.
[15:15] It's a higher risk trade even from this region. Taking a trade short position from this region.
[15:32] And if you even go lower to this point, this gives you Now, this is higher risk if you wait for it to break below here. This is lower risk. But ultimately, the trade that I'm looking forward to take
[15:47] higher timeframe right now. For Bitcoin, it's simply this. For Bitcoin, it's simply this. Um if you break below this line, I'll start looking for a trade. If you break below this line,
[16:02] I'll start looking for a trade. But what I'm actually looking forward to is region? This would be a higher probability trade for me to take for Bitcoin. Let's look at Ethereum. Ethereum, um I
[16:16] actually. I haven't been triggered in. I put this And after today with copy me, copy me is an app where you can copy my trade um directly, but we are still in the
[16:30] testing phase, okay? In this case, when I place a trade like this, it's automatically copied in your account. So, if you look at Ethereum, um Ethereum it like
[16:42] it like I want to state this. I marked this region, this region here. This is the reason I marked it. The reason is that if you look at over here, this is a low.
[16:56] And over here is the high. It's a high. And you will see that this is a range within a range. We've not broken out of anything.
[17:11] We've not broken out of anything. Okay? If so, the structure or the trend is not even clear. So, what I'm structure. Okay, so there's no like guarantee that
[17:27] Okay, so there's no like guarantee that there's no real confirmation telling me Ethereum is going to go down because there's no break of structure below this region. Okay, that is why
[17:41] I have this demand zone marked out as where I'm likely going to exit this Because price can retrace here and continue higher. As a matter of fact, um price can break above and continue higher. So again, this is
[17:55] not a really clear trade because there's no confirmed break of structure externally. We're just looking at internal break of structure. Even internally too,
[18:08] there's not really a break of structure inside this particular zone. So this chart is not really a textbook setup for taking trades. But anyway, over here I have a break of structure, change of character. If price
[18:22] gets into this region, I'm going to be tapped into this trade and I'll be in this trade. Now, one other thing I can do is to actually not do this swing trade and just set my alert over here.
[18:35] This is a 1-hour demand zone that I marked out. alert on this
[18:47] on this um line such that when price comes into I'm going to go down to the 5-minutes time frame and look for change of
[18:59] on the lower time frame. So I'm going to go to the 1-hour time frame. So if a 5-minutes time frame and look at change of character like this.
[19:22] entry. And it's more confirmed than taking this trade the way it is again because we don't have a clear structure on um Ethereum. Hopefully this week
[19:36] it will have a By the end of this week have a more clearer structure. have a more clearer structure. Um for Solana, this is a trade I missed because I didn't also get This is my entry. I didn't get an entry
[19:51] into that particular zone. So this is a this is a this is a missed trade. On all of this trade you can see over here that I have here.
[20:07] Break of structure over here. This is a golden zone. This is zone to start considering entry. Okay, because I expect this price to go And once
[20:21] once we tap into that zone over here, Okay. This becomes my entry but price never So second opportunity is that one, I'm still leaving this trade on
[20:35] because this might just be all liquidity that is forming here. Price can still come over here, tap me in, and will still go That is a real possibility in this
[20:48] leaving still leaving this the way it is. If you look at Solana, Solana just gave me Solana this is just this is this is a textbook um structure. We have a break of structure, and this is the next target of Solana.
[21:03] So here is where we actually have structure. Um Bitcoin is not giving us a giving clear structure, but Solana is giving clear structure. All we want to Now, I want to show you guys something again before
[21:19] I continue here. If from this region, if I didn't get If from this region, if I didn't get this entry, okay, and price come all the this entry, okay, and price come all the way down to this particular region,
[21:35] okay? Let's say price finds its way region, then I think it broke below this region,
[21:50] then it's still good for me. I can look I can use a Fibonacci again and look for entry around here to keep on going. entry around here to keep on going. To keep on going lower.
[22:05] If price did not do this, it is still fine because if price breaks this region,
[22:19] for um demand zone above, and then we'll just simply look for how
[22:31] to take this trade again from that particular region. Let's go to XRP. XRP particular region. Let's go to XRP. XRP is also giving structure. XRP have here. Clear um structure. You also see that
[22:47] that over here, let me go higher on the 4 hours. You also see that XRP gave us a break of structure here.
[22:59] then you now see from here this is the golden zone and XRP just tapped into that golden zone. Give a break of structure again.
[23:11] Then left another golden zone over here. But unfortunately, I didn't get into the trade because price did not tap into this zone. And you can see it's actually heading again to break the structure
[23:24] um this way again. So this is just simply take this trade. I'm going to just wait for it to break I'm going to just wait for it to break again and probably retrace and I'll take
[23:37] more trades. And if you look at XRP just the way I marked Bitcoin as the 44,000 region zone this is the region I'm I'm seeing XRP get to
[23:50] about 0.67. That is where I'm seeing XRP get to. So that is a trade for my analysis for today. A quick recap. Bitcoin I'm looking for two things. One, if I get a break below this level
[24:07] a break below this level I will keep going higher. confirmation entry to take a trade. That's for Bitcoin. For Ethereum I have this trade ongoing.
[24:20] I have this limit order set because I believe that if price gets to this region if price gets here
[24:33] particular level. Another way to go about this is to set an alert on this supply zone. If price gets there, you want to go to the 5-minute time frame and look for
[24:45] confirmation entry. That will give you a better entry and also give you a better risk reward in taking this trade. Then for Solana um two things. One I still have this limit order in. If
[24:59] price gets here, I'm going to tap in. If price doesn't reach here, and price I'll use my Fibonacci and look for demand zone again to look for another entry in this stock on this particular time frame.
[25:12] And lastly, XRP. XRP, I'm just waiting to see what happens to see what happens here. So, that is This is my analysis for today. It's my trade um I'm looking forward to to doing
[25:25] today. For Copy Me, where you can copy my trades on the trades of pro traders using, you know, real thought-out analysis. Um you can do that on Copy Me. The wait
[25:38] list is in the description. Copy Me is still in is still in development. We are doing testing right now. We should be launching once the test is done.
[25:54] where we look at the Forex market. But, what we're doing um signals like this, just make sure you on Telegram.
[26:06] Telegram. Bye, everybody.