The first video today is Gon na be part one about the crypto basics Step two and
three. we 're going to be talking about charting third and fourth. We 're gonna be
talking all about indicators and how most of them are Bs and which ones you should
actually pay attention to. we're going to go over choosing the right broker and why
this is one of the most important things to becoming a profitable trader. we 're
going to be talking about cryptocurrency, trading pairs and order types and which
assets are the actual best to trade so let 's dive into this right now into first
off choosing the right broker is one of the most important steps in becoming a
profitable trader because a lot of the times brokers can be scams, or they can
actually take a large percentage of your money by causing outrageous. fees. I 'm
going to cover what are the X and y axis and what do you need to know about them?.
we 're also going to also be covering candlesticks and we're going to talk about
the constant war between buyers and sellers.. next thing that you 're going to need
before you get started is our favorite trading charting tool called trading View so
you can go on over to tradingview. com and you can actually sign up for a free
account. make sure that you set up a trading view account..
There 's a lot of different what are called Japanese candlestick patterns and each
one of these patterns has a different psychology and means something different, so
i 'll go ahead and point out. Some of the most common candestick patterns that you
may want to look for.. There's a whole mirage of different candlestick patterns,
but these are kind of just the most basic commonly used ones Now let 's talk about
the battle between the buyers and sellers. This is what actually gets price to
move. There 's a constant battle of buying and selling that's happening in the
market and that 's really what the charts end up making up' blue edge Crypto is
going to send you a free report with seven different passive income opportunities
that you can earn with cryptocurrency. the report will show seven different ways to
earn passive income in the cryptocurrency. Ecosystem. We'll talk about different
order types and what assets are actually the best assets to trade..
The next type of order are what 's called stop orders and you can have a buy or a
stop order. For example, you want to enter the market as soon as price gets up into
this point. when price comes down here and actually hits this then you will be
taken out of the trade and you will earn profit okay now The next thing is a
trailing stop loss. we 're going to talk about which assets are best to actually
trade now. When trading cryptocurrencies you want to make sure that you 're trading
the best assets to trade now with cryptocurrencies. there's like 10 000 different
cryptocurrencies and sometimes it can be difficult to get in and out of certain
trades to find somebody to buy or sell if you're buying in this scenario because
there's low liquidity. What does that mean that there's not enough. people actually
trading this market so when trading you only want to trade coins that have a lot of
volume or have a high market cap. So generally it 's a safe idea to trade cryptos
that are like in within the top 10 or maybe within the. top 25. In this video I 'm
going to show you a couple secret chart patterns that not a lot of people talk
about. once you understand these chart patterns, you 'll be able to accurately
predict when the market 's likely to start flying off in certain direction. So make
sure that you like subscribe turn on the post notifications so that way you do n't
miss the next video.
The third video coming next week will all be about crypto indicators. I 'm going to
talk about why most indicators are BS and the only indicators that you should
really pay attention to.. Then we 're going to be covering trading systems, our
favorite trading strategies and trading psychology.. This is the key resistance
zone in this territory. we saw price kind of fiddling around here, hit the zone and
kind of came off sharply. multiple times came into the zone, bounced off sharply,
came into zone.. price rejected this area multiple times. and one thing that you
'll notice a lot of the times is that key areas of support in a trend can often
form areas of resistance. and I 'll get into that when we're talking about trends
later on. On. from just a candlestick chart to a line chart can help you find
support and resistance.. The next type of support is what are what are called trend
, lines.. The last common type of resistance are what 's called moving averages. and
the next thing that we want to talk about is the market phases. and depending on
the market phase will determine how you want to trade..
The next type of market phase is what 's called a ranging market phase, which
basically means that price kind of just floats around inside of this range. and
then we also have a choppy market, which is the third phase of the market. the
market will always go from trending to ranging to ranging and then from ranging to
trending to trending. and it consistently goes back and back and forth.. bitcoin
charts show that bitcoin is constantly switching from a ranging market phase to a
trending market phase. bitcoin chart shows that the market is moving upwards
gradually in an upward trending market. in a trend, the market kind of moves in
this period where it breaks out and then it kind of pulls back.. This is kind of
the way the market works in a trend. chart patterns are a pattern that encapsulates
the psychology of what. 's happening in the market. so I 'm going to show you my
three favorite chart patterns. these are the three most important chart patterns
that you want to use in Crypto.. The first chart pattern is called a double top in
a double pot and a head and shoulders. the second chart patterns are called a head.
and an inverse head and shoulder chart pattern. the third type of chart patterns
called volatility compression..
The next chart pattern that we're actually going to talk about is something called
the head and shoulders. and essentially what this means is there's like this head
here, price comes up. doesn't want to go, comes back to the neck line. price
rejects this top area three times in a triple top and price rejects bottom time.
Bitcoin's Bitcoin daily chart shows a head and shoulders pattern. the inverse head
comes back to the neck line and we formed the other side of the shoulder and then
boom price takes on off. an inverse head and shoulder pattern is just the exact
opposite price comes all the way down Here comes back up to neck line.. This is the
volatility compression pattern that happened on Bitcoin. not too long ago, we can
see it kind of forming right here. and then, boom, what did we see.. We see. We saw
this nice breakout come right after the compression pattern. we covered support and
resistance recovered the market phases and how to identify trends. we identified
the three most popular chart patterns. and in the next video, we 're going to be
talking all about indicators..
Crypto Trading Course For Beginners - Part 3 [Indicators]
Blue Edge Crypto
Part three of the best cryptocurrency Trading course for beginners in this week. we
're going to be talking all about indicators now. the sad reality is that the vast
majority of indicators are BS.. However,, there are a couple indicators that
actually do have some sort of edge and I want to show you how to use them in this
course. the next indicator that we 're going to talk about is called Bolinger
bands. you can just come in here to the settings and you can change this to
whatever length that you 'd like to. In this case, I 'm using the 10 and the 15
periods, and it will plot it that way. so it 's always plotting 10 periods
previous, and that's how the average actually works. the bollinger bands basically
gives you a volatility range that we can see that price. See that price kind of
moves in and out of. so the way that you can trade ballinger bands is. For
example,, you could use it in conjunction with something like moving averages to
get an idea of which way the trend is moving. and then once it comes down to the
lower band,. This could be like an entry point and you can ride the trade up until
the next band. the next indicator that we 're going to talk about is the relative
strength index..
The SgA or Spiral Guide algorithm was actually a proprietary algorithm that was put
together by a gentleman named Lee Writer. Lee writer is a partner of Mine that's
been trading since Bitcoin was one penny. and he put together this proprietary
algorithm to put it on your chart. you just come in here and you can type in the
SgA and you could see it right here. and generally you want to use this in
three. we 're going to be talking about charting third and fourth. We 're gonna be
talking all about indicators and how most of them are Bs and which ones you should
actually pay attention to. we're going to go over choosing the right broker and why
this is one of the most important things to becoming a profitable trader. we 're
going to be talking about cryptocurrency, trading pairs and order types and which
assets are the actual best to trade so let 's dive into this right now into first
off choosing the right broker is one of the most important steps in becoming a
profitable trader because a lot of the times brokers can be scams, or they can
actually take a large percentage of your money by causing outrageous. fees. I 'm
going to cover what are the X and y axis and what do you need to know about them?.
we 're also going to also be covering candlesticks and we're going to talk about
the constant war between buyers and sellers.. next thing that you 're going to need
before you get started is our favorite trading charting tool called trading View so
you can go on over to tradingview. com and you can actually sign up for a free
account. make sure that you set up a trading view account..
There 's a lot of different what are called Japanese candlestick patterns and each
one of these patterns has a different psychology and means something different, so
i 'll go ahead and point out. Some of the most common candestick patterns that you
may want to look for.. There's a whole mirage of different candlestick patterns,
but these are kind of just the most basic commonly used ones Now let 's talk about
the battle between the buyers and sellers. This is what actually gets price to
move. There 's a constant battle of buying and selling that's happening in the
market and that 's really what the charts end up making up' blue edge Crypto is
going to send you a free report with seven different passive income opportunities
that you can earn with cryptocurrency. the report will show seven different ways to
earn passive income in the cryptocurrency. Ecosystem. We'll talk about different
order types and what assets are actually the best assets to trade..
The next type of order are what 's called stop orders and you can have a buy or a
stop order. For example, you want to enter the market as soon as price gets up into
this point. when price comes down here and actually hits this then you will be
taken out of the trade and you will earn profit okay now The next thing is a
trailing stop loss. we 're going to talk about which assets are best to actually
trade now. When trading cryptocurrencies you want to make sure that you 're trading
the best assets to trade now with cryptocurrencies. there's like 10 000 different
cryptocurrencies and sometimes it can be difficult to get in and out of certain
trades to find somebody to buy or sell if you're buying in this scenario because
there's low liquidity. What does that mean that there's not enough. people actually
trading this market so when trading you only want to trade coins that have a lot of
volume or have a high market cap. So generally it 's a safe idea to trade cryptos
that are like in within the top 10 or maybe within the. top 25. In this video I 'm
going to show you a couple secret chart patterns that not a lot of people talk
about. once you understand these chart patterns, you 'll be able to accurately
predict when the market 's likely to start flying off in certain direction. So make
sure that you like subscribe turn on the post notifications so that way you do n't
miss the next video.
The third video coming next week will all be about crypto indicators. I 'm going to
talk about why most indicators are BS and the only indicators that you should
really pay attention to.. Then we 're going to be covering trading systems, our
favorite trading strategies and trading psychology.. This is the key resistance
zone in this territory. we saw price kind of fiddling around here, hit the zone and
kind of came off sharply. multiple times came into the zone, bounced off sharply,
came into zone.. price rejected this area multiple times. and one thing that you
'll notice a lot of the times is that key areas of support in a trend can often
form areas of resistance. and I 'll get into that when we're talking about trends
later on. On. from just a candlestick chart to a line chart can help you find
support and resistance.. The next type of support is what are what are called trend
, lines.. The last common type of resistance are what 's called moving averages. and
the next thing that we want to talk about is the market phases. and depending on
the market phase will determine how you want to trade..
The next type of market phase is what 's called a ranging market phase, which
basically means that price kind of just floats around inside of this range. and
then we also have a choppy market, which is the third phase of the market. the
market will always go from trending to ranging to ranging and then from ranging to
trending to trending. and it consistently goes back and back and forth.. bitcoin
charts show that bitcoin is constantly switching from a ranging market phase to a
trending market phase. bitcoin chart shows that the market is moving upwards
gradually in an upward trending market. in a trend, the market kind of moves in
this period where it breaks out and then it kind of pulls back.. This is kind of
the way the market works in a trend. chart patterns are a pattern that encapsulates
the psychology of what. 's happening in the market. so I 'm going to show you my
three favorite chart patterns. these are the three most important chart patterns
that you want to use in Crypto.. The first chart pattern is called a double top in
a double pot and a head and shoulders. the second chart patterns are called a head.
and an inverse head and shoulder chart pattern. the third type of chart patterns
called volatility compression..
The next chart pattern that we're actually going to talk about is something called
the head and shoulders. and essentially what this means is there's like this head
here, price comes up. doesn't want to go, comes back to the neck line. price
rejects this top area three times in a triple top and price rejects bottom time.
Bitcoin's Bitcoin daily chart shows a head and shoulders pattern. the inverse head
comes back to the neck line and we formed the other side of the shoulder and then
boom price takes on off. an inverse head and shoulder pattern is just the exact
opposite price comes all the way down Here comes back up to neck line.. This is the
volatility compression pattern that happened on Bitcoin. not too long ago, we can
see it kind of forming right here. and then, boom, what did we see.. We see. We saw
this nice breakout come right after the compression pattern. we covered support and
resistance recovered the market phases and how to identify trends. we identified
the three most popular chart patterns. and in the next video, we 're going to be
talking all about indicators..
Crypto Trading Course For Beginners - Part 3 [Indicators]
Blue Edge Crypto
Part three of the best cryptocurrency Trading course for beginners in this week. we
're going to be talking all about indicators now. the sad reality is that the vast
majority of indicators are BS.. However,, there are a couple indicators that
actually do have some sort of edge and I want to show you how to use them in this
course. the next indicator that we 're going to talk about is called Bolinger
bands. you can just come in here to the settings and you can change this to
whatever length that you 'd like to. In this case, I 'm using the 10 and the 15
periods, and it will plot it that way. so it 's always plotting 10 periods
previous, and that's how the average actually works. the bollinger bands basically
gives you a volatility range that we can see that price. See that price kind of
moves in and out of. so the way that you can trade ballinger bands is. For
example,, you could use it in conjunction with something like moving averages to
get an idea of which way the trend is moving. and then once it comes down to the
lower band,. This could be like an entry point and you can ride the trade up until
the next band. the next indicator that we 're going to talk about is the relative
strength index..
The SgA or Spiral Guide algorithm was actually a proprietary algorithm that was put
together by a gentleman named Lee Writer. Lee writer is a partner of Mine that's
been trading since Bitcoin was one penny. and he put together this proprietary
algorithm to put it on your chart. you just come in here and you can type in the
SgA and you could see it right here. and generally you want to use this in
