Bitcoin: I’m Throwing It All Away… And You Should Too.
No, I’m not saying throw your bitcoin away. I’m saying to throw out all the old analysis of Bitcoin. It’s too much noise and keeps you from being effective in the markets in the here and now.
00:25 This made me a much more effective trader by throwing this away.
2:09 Leave a Comment + Like The Video To Be Automatically Entered Into CryptoTradingChallenge.com ’21 Day Trading Foundation Masterclass’ Giveaway.
2:35 Preview of a chart we are going to cover where we can discuss how the markets really work when it comes to trading.
3:51 Start of the Bitcoin Analysis
4:21 A quick tip on how to draw channels very quickly for support and resistance by using the clone tool on trading view.
5:06 Key resistance level bulls need to reclaim in order to get bullish again.
6:39 Ascending triangle pattern forming on the hourly to watch for a potential breakdown or break out.
7:50 Bitcoin dominance
8:19 Scanning altcoins – MATIC, RLC, CHZ, VET,
11:23 Recapping our two traditional trades. Tesla Short and Uber Long.
14:48 What my last analysis on Bitcoin teaches about the market in general… (Hint: the market will always punish the most amount of people possible.)
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I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument.
I will NEVER ask you to send me money to trade for you. Please report any suspicious emails or fake social media profiles claiming to be me.
Don’t invest money you can’t afford to lose. There are no guarantees or certainties in trading. My videos may contain affiliate links or sponsorships to products I believe will add value to your life and help you in trading. No matter what I or anyone else says, it’s important to do your own research before making a financial decision involving cryptocurrencies.
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