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Good morning gurus welcome to another episode I hope you’re having a beautiful day we’re going to jump into shs for Bitcoin and ethereum MCR was up 40% yesterday which is beautiful you have to do your own due diligence none of this is financial advice but you’re watching

Me trade um I’ve been trading for the last 23 years making videos for the last four years every day tracking Bitcoin and ethereum on technicals hit the Subscribe button Smash Up Thumbs Up Button turn on the Bell let’s jump into technicals for Bitcoin now we’re going into

Technicals mcrt was up 30% yesterday um which is beautiful but the rest of the alt coins getting hammered mcrt up 29.9% Unity software a stock meta TSM they will all open um tonight in 12 hours I’ll make videos on those Tesla Bitcoin down a little bit and the rest

Of the all coins just down most of them um idex down 8% worldcoin 6% Solana 6% fxs all coins just getting hammered Unis swap Unis swap fully erasing the gains of the pump Doge down 4% do getting hammered big drop in the markets all around um this is Bitcoin chart so

You’re watching Bitcoin over the last few weeks uh you can see it’s every time it’s coming towards this 200 weekly moving average we get a strong bounce off this the trend line volume is still strong let’s go on the longer term time frames weekly um first to second 0 to

One wave was in effect one to two wave in my opinion finished the corrective wave and second to third wave is where we are now which is the biggest of the Elliot wave impulse waves and we’re also in a big bull flag here in my opinion

With big volume coming in so we’ve got this pole and flag forming which is bullish pattern to 60k as well let’s look at the different indicator Bots crypto Guru bot firing a is still a blue buy which it fired back in the beginning of January 2023 it

Fired a blue buy and it’s been a buy the entire time um crypto grew bought Bitcoin indic a bot also firing a Buy has not yet fired a sell it fired a sell and then canceled the sell on the bounce back um daily is sidewards moving on the stochastic still green still strong

Volume 4H hourly stochastic heading down volume dropping off as well but now it was Sunday so it is expected for volume drop off yesterday’s trade nearly active but not yet active but this pattern that’s forming here I see here is usually a little bit of a dropping pattern sidewards movement no volume and

Then we get a drop but the drop I don’t think will be very big um why because it was sidewards moving on a Sunday so there was very low volume in the markets on the weekend so now we should be getting more volume coming in where I

Would go long is off the monthly weekly yearly support so from here you can see here monthly weekly yearly I teach you how to set and that’s also the 200 weekly moving average I teach you how to set up this in the crypto course so going long on

42270 stop loss 42157 take profit 60k this is the trade I would take on bitcoin so my trade will open on the 200 weekly moving average at 42 The Gray Line 42 270 stop- loss 42157 take profit 60k risk reward 155 times risk to reward ratio which is incredible that’s going

To be one of the biggest risk to reward ratios I’ve ever seen actually in one of my trades one of the biggest risk reward risk reward means for every dollar that I risk how much do I gain and in this situation for every dollar I risk I gain

$15 potential reward so I’m risking $112 to make $17,616.63 with 10x leverage $176,000 profits 100x leverage 1.76 million that’s the trade I would take and again it opens at 42 I’ll get rid of this trend line it opens at 4270 um that’s the trade I take on

Bitcoin if you want to trade Bitcoin Like You See Me Do under this video go down below under the video One sign up to the exchanges buy it gives you $30,000 bonus when you use that link um these are the exchanges I use okx bingx bybit binance and to the master cost you

Learn in depth technical analysis how to set up charts how to trade you also get the crypto Guru bot and the indicator bot and three join us in telegram there’s 9,000 of you trading together all these links are underneath the video um over on buybit my Bitcoin trade is currently

$74,000 in the profits 74,500 the funding fee is still 0.01 so to keep trades open is quite cheap at the moment it’s only costing me less than $100 a day now to keep this seven Bitcoin trade $300,000 trade open which was much better than a few days ago a few days

Ago I was actually getting very bearish why because Bitcoin was very high but the funding fee was almost 0.2 sometimes even 0.3 now we’re at 0.01 so it’s much cheaper now to keep the fees the the trades open one week ago to keep my seven Bitcoin trade open was

Costing me almost $800 a day almost $1,000 a day now it’s costing me less than $100 a day after this correction so the funding fee reset allows Bitcoin to go much higher this is very good news for Bitcoin in my opinion um so with that funding fee uh my Bitcoin trade my

Bitcoin trade $74,500 in the profits 52% um and it’s paying around $100 a day in 0.01 reset funding fee which is beautiful in this account 522,000 even with this big correction to the allcoins 522,000 mainly because mcit was up a lot Bitcoin 108,000 mcit 66,000 up 30%

6689 up 30% which is beautiful I’ve been stacking MC for a long time you have to do your own due diligence I was an early seed investor in MC Unis swap 55,000 down 5% big drop on Unis swap USD T 53,000 Doge 49,000 down 3% Doge also

Dropping more fxs 42,000 the all coin just getting Hammer World coin dropping a lot 6% drop on worldcoin worldcoin is not looking so good I need to find where support is I’ve got buy orders at $180 and $250 to buy $800 $800 more H but the way it’s dropping I think

I’m going to cancel this $250 trade and buy it up at $180 on world token um so that’s my Bitcoin trade Bitcoin pulling back a little bit let’s go into quickly in ethereum and again all the links down underneath the video one to the exchanges two to the master

Three to the telegram my okx 10K to million challenge is still playing out right now as well this account is back to 15479 it it reached 17,500 up from 10K 10K challenge the main reason is the world token getting dropped a lot but my Bitcoin trade is doing quite well it’s

My Bitcoin trade is currently 6,000 $198 in profits I added more to that Bitcoin trade on the drop let’s quickly look at ethereum no let’s look at yeah ethereum quickly ethereum that will also tell us the market cap altcoins 22 looks like ethereum is about to drop here look it’s

Trying to hold on to this trend line bouncing off this trend line it activated the trade from yesterday actually that now activated the ethereum trade from yesterday look came down and activated the trade it’s slightly in profit I would keep that trade open to see if we get a bounce here but most

Like ethereum is going to come down to this trend line Here because that was the real support after that drop we know where the true support is that’s the trade I will take on ethereum opening at 2055 stop loss 2024 take profit 3 3,386 42 Rest Road ratio thank you for watching everyone that’s my updates on bitcoin on ethereum and the markets hit

The Subscribe button Smash Up Thumbs Up Button turn on the Bell let me know any comments of tickers you want me to analyze and in 12 hours I will be doing the NASDAQ and Tesla um Bitcoin and Tesla in 12-hour video love you all have an amazing day and I’ll see you all

Again tomorrow