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You are watching a very unique Bitcoin technical analysis.
It use Fibonacci ratios + support/resistance to find the best zones to enter and exit the market.
Here's what to know when looking at the charts:
- Green and red rectangles are BUY and SELL area. These are the areas where the momentum has shifted enough to give us upside/downside potential great enough to consider buying or selling Bitcoin.
The software I use is Metatrader 4 (MT4)
The pricing feed is made by averaging prices at all the most popular crypto markets.
My name is Rick and I live in Mont-Tremblant, Canada
You can contact me on my website http://livebitcointrading.com
Tips for beginning traders:
- Trading is hard. 90% of traders never manage to be consistantly profitable.
- Greed is your enemy.
- A good trader is a good risk manager.
- Use Stop Loss and dont move them in the middle of a trade.
- The more leverage you use, the more certain you will fail.
- If you cant sleep at night, your positions are too big.
- You need to manage your emotions. Try meditation.
- You dont need to have positions open at all time.
- An average of 1% profit per week compounded will make you filthy rich.
- A good strategy is not the most important part of your success. Discipline is.
- Repeat this mantra: “I am a very good trader”
PS: Please dont use this mantra: “I am the best trader in the world!”, this one is mine.
The music you hear is brought to you by these channels: https://www.youtube.com/channel/UCoDZIZuadPBixSPFR7jAq2A
Coin Daddy: https://www.youtube.com/channel/UCPqUptdpTVPtMNp8UM-VRsA
Bitcoin with attitude
Visit the artists pages to buy their music.
If you made money with my calls, and want to sleep well at night, simply donate :) BTC: 1PoTykJcUNkhgVQyS2eT8sHSTzWQEx2Dfk ETH: 0x50c6A0652Fd6261553aa556cde5Dd3C6babcD252 LTC: LgENHegobxjvhAevktbcdfR1QNJCmWGNRh
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The crypto Market is the highest market now. in 2016 year, over $300 billion dollars was made worldwide and has made millions of traders rich. You can be part of the people who are earning a living through trading cryptos. With just half a bitcoin, you can make up to 4 bitcoins in a week. Contact me [email protected] for guidelines on how to go about this investment.
Hey guys, u r awesome. I so hope this is kept on, and won't disappear in a couple of days/weeks!!! You are very knowledgeable, and it is so beneficial to all of us. You are wonderful to do this for free, and your passion comes through. Thank you!!!
I'm just relaxing now after my $5000+ profit in 2 days from BTCUSD trading , it's crazy to think that you can make a monthly salary in few hours but with enough studying , preparation and a good strategy it is very possible . strategy from my wall street mentor rob beyer ( [email protected] . com) made it possible .
what the fuck are all those lines supposed to tell you. seriously guys. like seriously. the only thing you need to know when trading is what the previous prices are, and how they relate to the trading volume. the chart can help by looking at the triangles and bollinger bands. its a good guide to follow. all these technicals mean nothing to a daytrader though. technicals only apply to swing trading and long term investing
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