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My Earning So far This Year Day Trading Crypto (Proof it’s possible) — Transcript

by The Moving Average · 1,695 words · 231 segments · language en · Watch on YouTube

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  1. 0:00Here was my technical analysis. I sent
  2. 0:01you guys this message on Telegram. This
  3. 0:02is my secret sauce. And in comes Jerome
  4. 0:04Powell to screw up my entire life. I'll
  5. 0:05admit I was panicked. I took another
  6. 0:07$360,000 in profit. So, if you want to
  7. 0:08learn how to swing trade crypto like a
  8. 0:09pro. In this video, I'm going to explain
  9. 0:11how I made $250,000
  10. 0:14trading crypto this year. And no, it
  11. 0:16wasn't luck. No, it wasn't meme coins.
  12. 0:19And no, it wasn't just blind holding,
  13. 0:21hoping that the market goes up and just
  14. 0:24taking profits. This is one of the
  15. 0:26greatest trades that I've ever made in
  16. 0:28my entire life. and it is a accumulation
  17. 0:30of all of my trading knowledge put into
  18. 0:33this one big bet. In this video, I'm
  19. 0:37going to explain step by step every
  20. 0:39single action that I took, every single
  21. 0:42trade that I took. And if you stick
  22. 0:44around to watch the whole thing, you
  23. 0:46will see exactly why I did what I did
  24. 0:49and how in the future you can use the
  25. 0:51exact same techniques. All right, so
  26. 0:53let's get into Bitcoin first because
  27. 0:55that's where the story started. I've
  28. 0:57been accumulating Bitcoin for a long
  29. 0:59time through all the dips, through all
  30. 1:01the pumps. And at this point right here,
  31. 1:03at the start of the year, end of 2024,
  32. 1:06beginning of 2025, I saw something that
  33. 1:09I did not like. And in order to give you
  34. 1:11a better background of history repeats
  35. 1:14itself, let's look back in time at the
  36. 1:17previous Bitcoin rally and dump. So, at
  37. 1:20the end of 2020, Bitcoin was sitting at
  38. 1:22$10,000. Bitcoin then rallied up 780%
  39. 1:26in 147 days. Then over the next 100
  40. 1:30days, Bitcoin dropped 50%. Then Bitcoin
  41. 1:33rallied again for an additional 100 days
  42. 1:36and went up 133%. Then for the next
  43. 1:40year, Bitcoin was dropping non-stop and
  44. 1:44went down 78%.
  45. 1:46This first rally here all the way from
  46. 1:49the start of the COVID pandemic. That
  47. 1:51first swing up was just over a year. And
  48. 1:53if you know your history, we had a huge
  49. 1:55market drop at that time frame. And the
  50. 1:58most recent current massive drop was the
  51. 2:00FTX debacle. A lot of people lost a lot
  52. 2:03of money there. So from that debacle to
  53. 2:06here, we're looking at just over a year.
  54. 2:08That showed a rally of 372%
  55. 2:11in Bitcoin. And then over the next 100
  56. 2:13days, Bitcoin dropped 30%. Then for the
  57. 2:16next 100 days it rallied again and went
  58. 2:18up 100%. So because history tends to
  59. 2:21repeat itself and we can learn from
  60. 2:23historical pricing we had that rally
  61. 2:26over a year 100 day drop and then a 100
  62. 2:29day rally. We had the same rally 100 day
  63. 2:33drop 100 day rally. So at the end of
  64. 2:362024 late December of all of the Bitcoin
  65. 2:39that I've accumulated I sold five of
  66. 2:41them. Over the next 120 days, we saw a
  67. 2:44drop of 25% in the price of Bitcoin. But
  68. 2:47if we shift our focus to Ethereum, we
  69. 2:50saw a 50% drop in the price there. So my
  70. 2:53logic and my math was simple on this. If
  71. 2:56Bitcoin returns to its all-time high,
  72. 2:58I'm looking at a 45% profit. If Ethereum
  73. 3:01jumped to its all-time high, I'm looking
  74. 3:03at 100% profit. So, it was much more
  75. 3:06intelligent for me to not buy back into
  76. 3:09Bitcoin, but buy into Ethereum and ride
  77. 3:12that up for 100% profit instead of a 50%
  78. 3:15profit. Here was my technical analysis
  79. 3:17on Ethereum. We were trading in this
  80. 3:19wedge. We broke out to the top and then
  81. 3:22immediately dipped back in, rejected off
  82. 3:25the bottom trend, and then cascaded
  83. 3:27down. As we went down, I saw a sweep of
  84. 3:30liquidity opportunity right here. So, I
  85. 3:33ended up buying a 100 Ethereum at
  86. 3:36$2,000. Little did I know that Ethereum
  87. 3:39would continue down, sweeping more
  88. 3:41liquidity from this area, hitting a low
  89. 3:44of $1,380,
  90. 3:46but then over the next month immediately
  91. 3:48shot back up above my entry price. This
  92. 3:52is a very, very strong momentum move.
  93. 3:55And you guys know what I say about
  94. 3:57momentum moves. Momentum moves usually
  95. 4:00require you to put a Fibonacci
  96. 4:02retracement tool on it from the bottom
  97. 4:04of the swing to the top of the swing.
  98. 4:07And as price retraced, it hit right into
  99. 4:09the Fibonacci gold zone, then rejected
  100. 4:12off of it. Once it rejected off with
  101. 4:14this huge rejection candle and got up to
  102. 4:16$2,500,
  103. 4:18I sent you guys this message on
  104. 4:20Telegram. Over the next month, Ethereum
  105. 4:23went up 75%. I saw that we were getting
  106. 4:26to the top of the RSI in the overbought
  107. 4:28area, touching the three previous swing
  108. 4:31highs and knowing that these crazy
  109. 4:33momentum rallies up do not last forever.
  110. 4:36As you can see here, this is on a weekly
  111. 4:38time frame. We had 1 2 3 4 5 weeks
  112. 4:42bullish right here. 1 2 3 4 5 weeks
  113. 4:46bullish. Each one of those bullish
  114. 4:48swings up lasted about a month. So, it
  115. 4:51would be foolish for me to think that
  116. 4:52price could continue up after a rally
  117. 4:54like that. So, I cashed out half of my
  118. 4:57position. You can see right here, I sold
  119. 4:5947 Ethereum. I didn't want to cash out
  120. 5:02all of it because I wanted to let some
  121. 5:04of it ride just in case it would
  122. 5:06continue up. Price had a quick
  123. 5:08correction of 12% and then rallied up
  124. 5:11for the next 3 weeks. Now, once it got
  125. 5:13to $4,700,
  126. 5:16I started looking elsewhere for more
  127. 5:18confluences. That's when we need to go
  128. 5:20back to Bitcoin. Bitcoin is the leader
  129. 5:22of all cryptos. Whatever Bitcoin does,
  130. 5:26the other cryptos follow suit. This is
  131. 5:28your early indication of what the
  132. 5:30market's going to do on everything else.
  133. 5:33So, if it happens here first, either a
  134. 5:35day later or an hour later, it will
  135. 5:37happen on all other cryptos in general.
  136. 5:40There are some memecoin outliers. So,
  137. 5:42again, we need to look at historical
  138. 5:44data. When we had this massive bare run
  139. 5:47as price dropped nearly 80%. We have to
  140. 5:50look at the RSI. The RSI was massively
  141. 5:53overbought, created a higher high, and
  142. 5:56on the RSI we created a lower high. But
  143. 5:59you guys know, you've seen this in my
  144. 6:01previous videos. This is my secret
  145. 6:04sauce. When you have an RSI divergence
  146. 6:08and the lower high is within the 7030
  147. 6:11range, it's all hands on deck. Bet the
  148. 6:15house. So recently we had three higher
  149. 6:18high structures. We had the high, we had
  150. 6:21the low, we had the higher high, we had
  151. 6:23the higher low, and now we have the
  152. 6:25higher high. This third swing high is
  153. 6:28showing another divergence on the RSI.
  154. 6:31And this swing high is within the 7030
  155. 6:34range. So jumping back to Ethereum, I
  156. 6:37ended up selling an additional 77
  157. 6:39Ethereum at this point knowing that that
  158. 6:41bearish divergence on Bitcoin had
  159. 6:43printed. Price then dropped 15% and I
  160. 6:46kind of felt like Nostradamus. Fast
  161. 6:49forward a few days and in comes Jerome
  162. 6:51Powell to screw up my entire life. He's
  163. 6:54the only human that I know that can say
  164. 6:56good morning and make the market move
  165. 6:5810%. So, he did his speech in Jackson
  166. 7:00Hole and we had a crazy crazy bullish
  167. 7:04swing up from Ethereum. I'll admit I was
  168. 7:06panicked. I figured if I'm holding a
  169. 7:08short and it comes back up to where I
  170. 7:10sold, I'll just get back in and ride the
  171. 7:13swing up. But I knew I had conviction
  172. 7:15that price is going to go down. So, I
  173. 7:18held out. I sat on my hands. I trusted
  174. 7:20my analysis. I saw massive divergences
  175. 7:23on a weekly and daily time frame on both
  176. 7:26of these. 2 days later, Ethereum dumped,
  177. 7:29sweeping the liquidity from the previous
  178. 7:30high, having an additional drop of 12%.
  179. 7:33And this is where most traders get
  180. 7:35stuck. This is one of the most important
  181. 7:37things about these liquidity traps.
  182. 7:40Everything in your mind tells you that
  183. 7:42you were wrong. All of everything that
  184. 7:44you know before, you're an idiot. Just
  185. 7:47get back in. And people get back in at
  186. 7:49the swing highs. And you would be
  187. 7:51astounded at how many people get stuck
  188. 7:54at the all-time high price of any asset
  189. 7:57and then they just get wrecked on the
  190. 7:59way down. I trusted my analysis. I
  191. 8:02stayed strong. I didn't buy back in. And
  192. 8:04since January 1st, this has been the
  193. 8:08best sequence of trades I've ever made
  194. 8:10in my entire life. I kept dollar cost
  195. 8:12averaging Bitcoin all the way up. As I
  196. 8:15sold that nest egg, it was worth
  197. 8:16$500,000. I bought back in Ethereum when
  198. 8:20it was 2,000 using only $200,000 off of
  199. 8:23that sale of the Bitcoin, keeping
  200. 8:26300,000 in my pocket. So on July 20th, I
  201. 8:28made $173,000
  202. 8:31in profit. And then on August 14th, I
  203. 8:33took another $360,000 in profit just on
  204. 8:37the swing trade from the Ethereum minus
  205. 8:39the cost to acquire all of this stuff. I
  206. 8:42netted a total profit of $250,000.
  207. 8:45So, if you want to learn how to swing
  208. 8:47trade crypto like a pro, here is the
  209. 8:50TLDDR. When you have a massive swing up,
  210. 8:52put a Fibonacci retracement tool and buy
  211. 8:55in when it hits the fib gold zone. Sell
  212. 8:57when it reaches the all-time high. This
  213. 8:59happens over and over and over. Had the
  214. 9:03swing up, came back down, fib gold zone,
  215. 9:06shot up. Went up, came down, fib gold
  216. 9:09zone shot up. Came down, fib gold zone
  217. 9:13shot up. When price breaks out of the
  218. 9:15RSI, makes these massive peaks up, wait
  219. 9:18for the rejection that is within the
  220. 9:217030 range, that's the divergence that's
  221. 9:23going to give you the best exit for any
  222. 9:26trade in crypto ever. Always on the
  223. 9:28higher time frame, either the daily or
  224. 9:30the weekly. Now, if you guys want to
  225. 9:32learn everything there is to know about
  226. 9:34divergences and liquidity sweeps and
  227. 9:36exactly what I did here, all of my
  228. 9:39knowledge, everything that I know about
  229. 9:40day trading, check out trdfloor.com.
  230. 9:43That's where you're going to get the
  231. 9:44best trading education that money can

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