XBTUSD
THIS VIDEO MIGHT CHANGE YOUR LIFE - NEVER GET REKT AGAIN!Welcome back everybody,
As you might know, we had short position as entry at 11733.55.
We are moving out stop to trailing at our original entry level.
Our first target is sitting at $11,006, second target is around $10,663. Final target is at 10,320.
Potential reversal zone for buyers is sitting between $10,320 and $9466.
Potential reversal zone for sellers is sitting between $13,200 and $13,845
If we break the %38.2 fibonacci retracement level which is also our first target at $11,006 - I can see a volatile move towards
the %61.8 fibonacci retracement level which is our final target.
The weekend is here . You know the Bitcoin weekend actions mostly have a lot of FOMO moves. So, don't get RECKED and play from a position of strength
for the market open on Monday. I would not recommend anyone to do leverage trading this weekend. Yes, you might win really good but you might also get liquidated.
Get the Megalodon indicator for free now. Link on tradingview profile.
Thanks for the support Megalodons.
I appreciate you all!
Let me know what you think about Bitcoin :) and don't forget to drop a like if you enjoyed the video.
~Bo
Megalodon Trading
Enlightening the modern investors
Our most powerful tool call the bottom on Bitcoin here.
DONALD TRUMP IS RIGHT ABOUT BITCOIN (!)SMASH THAT LIKE BUTTON IF YOU WOULD LIKE TO SEE MORE OF THIS CONTENT
Donald Trump is not right about Bitcoin. He is completely wrong and he is probably the reason bitcoin will go to 20k by the end of this year. Why?
Because, he is bringing a lot of eyes to think about Bitcoin which has a true VALUE behind it!
~ Bitcoin Analysis ~
Weekend is finally here. Bitcoin loves to Pump and Dump during the weekend as the other markets are closed. Let's be patient to see which direction we would like to break out!
~ Bullish Scenario ~
If we break the trendline drawn at around the double TOP levels and close above $11,000, we will see these 3 Bullish ABCD Patterns taking us to $19,837.26 as the final target.
First target is at $12,835.14 and second target is at $15,509.86.
~ Bearish Scenario ~
If we break the trendline at around the double BOTTOM levels and close below $9,000, we will see these 2 Bearish ABCD Patterns taking us to $7,200 as the final target.
First target sitting at $8,260.41 and second target is at $7,531.62!
Thanks for the support Megalodons.
I appreciate you all!
Let me know what you think about Bitcoin :) and don't forget to drop a like if you enjoyed the video.
~Bo
Megalodon Trading
Enlightening the modern investors
FREE Megalodon indicator Link on tradingview profile.
Our most powerful tool call the bottom on Bitcoin here.
BITCOIN IS DEAD!? >_<SMASH THAT LIKE BUTTON IF YOU WOULD LIKE TO SEE MORE OF THIS CONTENT
As you might know, we had short position as entry at $10,900.
We are moving out stop to trailing at $10,540
Our first target is sitting at $9,900, second target is around $9,000. Final target is at $7,200.
Potential reversal zone for buyers is sitting between $10,000 and $9,000.
Potential reversal zone for sellers is sitting between $11,133 and $10,752
If we break $9,000 - I can see a volatile move towards $7,200 which is the %61.8 fibonacci retracement level.
It is probably your best interest to wait for the Daily Candle closed. I will make sure to update tomorrow's daily trend here as well SO
SMASH THAT LIKE BUTTON TO GET NOTIFIED WHEN I DO
Thanks for the support Megalodons.
I appreciate you all!
Let me know what you think about Bitcoin :) and don't forget to drop a COMMENT if you enjoyed the video.
~Bo
Megalodon Trading
Enlightening the modern investors
3 RULES WHALES DON'T WANT YOU TO KNOW BEFORE DAY TRADING BITCOINWelcome back everybody,
Thanks for the 587 likes on my previous video. I hope i can help you out in this video as much as i possibly can as well.
In this video, we have talked about 3 RULES THAT YOU NEED TO KNOW BEFORE DAY TRADING BITCOIN.
The first rule is HAVING A TRADING PLAN . It is the most important one of all. If you don't have a plan, you will simply be eaten by Megalodons (Rational Investors/Traders). The plan must have trading setups (specific patterns on indicators or price/volume action, network data indicators such as Unique wallet addresses, or fundamental news like halving events, government policies). These setups will be your why to buy or sell. The trading plan should also have how much are you willing to risk and how you will manage this risk (stops/targets) This risk/reward ratio that you want to follow needs to be at least two. It can be smaller than two depending on what is your percent profitability with your trading setups.
The second rule is OBEYING YOUR PLAN . You always need to obey the plan to completely remove any and all emotions. This is another important rule because we are all emotional beings. We need to make sure how we will completely remove our emotions while trading or investing. Are you going to meditate before you start trading and have a check list before you put any trades? Are you going go heavy on the coffee 5 days a week to be completely focused on your plan and take a 2 day tolerance break? Are you going to go for a hike every morning before the market open?
Another important point with this rule is that "If you could find yourself another motivator other than money, you will be more successful." For me, i love to help people. I trade everyday to teach people, so that, they will NEVER experience the hard times that i have gone through when i first started trading. It might be something else for you, something that you can achieve with money. It should preferably be something you are really passionate about.
The third rule is RE-ADJUSTING YOUR PLAN . No one knows what is going to happen tomorrow. If the plan is not working, then, re-adjust your plan. You need to figure out where your trading plan had failed you. Was it your setups that did not work more than 50% of the time? Was it the risk/reward ratio? Did you fail to obey your trading plan? Did you drink coffee 7 days a week to trade 13 hours a day and became too emotional? You really need to figure the missing part here, then, re-adjust your trading plan.
I hope this was helpful and i really appreciate you all! [
Don't forget to drop a like if you enjoyed.
~Bo
Megalodon Trading
Enlightening the modern investors
BTC: Breakout Trade Review + What Now?Hello dear crypto friends, hope you're doing well guys! ;) BTC saw a perfect break out of the Equilibrium as we were analyzing on friday. I'm gonna walk you through what I had already posted in our Slack group live yesterday. And of course we're also gonna look at the current potential for further continuation or reversal given all the timeframes. Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
270% PROFITS FOR BITCOIN IN 22 DAYS - LEARN HOW?Welcome back everybody,
We have a short position as first target at $11,067 and second target at $10,320 with stops above $12,376
If we break the 38.2% level for the longer term fibonacci retracement at $12,023, we might see a rally towards $13,200.
If we break $12,376 level, we could potentially test $13,845.
Potential reversal zone for buyers is sitting between $10,320 and $9466.
Potential reversal zone for sellers is sitting between $13,200 and %13,845
The Longer Time frames clearly show the levels we need to be considering a long position.
We really need to see this resistance level at 12,023 and 12,376 levels to be broken to call the next volatile move higher. If the bull is not back , we will probably drop down violently.
My hunch is that we will go side ways or down for the weekdays and make the move higher for the next week as the Fibonacci extension levels on the dates are pointing a move on the 16th of August.
Keep in mind, Bitcoin loves to rally towards the end of the year. At the same time, with all the trade wars going on and Gold's recent price increase, i can really see a crazy move toward the end of the year.
But, i think it would be wise for everyone reading this to just trade the buy and sell signals on our indicators.
Thanks for the support Megalodons.
I appreciate you all!
Let me know what you think about Bitcoin :)
Our most powerful tool call the bottom on Bitcoin here.
Here is also its backtesting result.
~Bo
Megalodon Trading
Enlightening the modern investors
BTC 3rd Day Of Indecision: Bulls Need To Hold Their Ground!Hello dear crypto friends, it's been quite some while since I did the last video. It's because I've been restructuring Edgy's education model. I'm gonna tell you about it, the link is as always in my description.
BTC is pretty much in indecision mode, but this is not gonna hold true forever: The bulls have now the chance to hold the bottom, or lose it for good.
Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
The US Government vs. CryptoHello dear crypto friends, hope you're doing well guys! ;)
Two important things happened last week: 1. The congress told Facebook to stop working on Libra and 2. Trump tweeted against Bitcoin in defense of the Dollar.
As the saying goes: First they ignore you, then they laugh at you, then they fight you, and then you win!
=> We have clearly arrived at stage 3 now.
Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online mentorship & trading metrics only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Is Bitcoin Going For The Coffee?Hello dear crypto friends, grandpa BTC perfectly broke out yesterday as we had been analysing over the last couple of trades. Since I'm personally in a position, I wanna explain to you how you would've had to play this setup. Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online mentorship & trading metrics only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.