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welcome to Andy learns
crypto trading
and today I'm gonna go
through all the
trades that I've been doing
I'm gonna
show you my positions as
you can see
right here fairly simple
but we're gonna
go through the mentality of
why I chose
to make make those trades
and also
actually lost out on a
trade with Walton
so if you watch the last
video you can
see that right here and I'm
gonna show
you that as well but this
is a very non
edited chill-out look at
the crypto
market and why I'm trading
certain coins
etc so the market has been
going quite
rapid the biggest news that
happened
since the last time that we
talked about
crypto was that XRP got a
huge bump
right here as you can see
I'm gonna take
take a look into this on
trading view as
well but it we might get a
really really
nice push up here into
all-time highs
maybe we know that ripple
has like this
catalyst of when it when it
starts going
like you can see right here
when it
starts going it just goes
straight up in
the air
and I as you can see right
here as well
I tried and I'm trying to
trade this at
the moment and we'll see
how it goes
maybe we can get a push to
new all-time
highs maybe we cannot but
let's first
start off with the fail
that I had so
I'm not gonna show you I'm
not gonna
show you the entire the
amount that I'm
trading and the b2c value
it doesn't
really matter but I'm gonna
show you
where I place the position
so Walton
coin as you can see I had a
stop loss or
a stop limit and I lost
about 13 percent
of that trade I'm not too
worried about
it because
that happens and I always
tried thinking
of my trades as if I lose
one I can gain
three so if I lose one so
if I do a lot
of trades in the end I will
come out
victorious but let's take a
let's take a
look at the at the charts right
here so
we're gonna first of all
start off with
Bitcoin
so Bitcoin right now it's
it's getting a
little bit scary because
right now we're
entering this big wedge
right here so
for all throughout from
January February
we started seeing this
wedge and for
those that know no a wedge
is a big big
technical pattern that will
push either
the price up or down and in
a very huge
way so as you can see we
had a downtrend
line I showed you this in
the last time
and now we have a trend
reversal
hopefully dripping along
the lines right
here let me turn off over
Oh
hopefully when a trickle
along this
trend line right here and
we have been
holding this trend line
fairly well we
can see the 50 MA we can
see that 100 MA
and something that worries
me a little
bit is that we have not
found support on
the top of the 100-day and
you can see
in some of the other coins
that we're
gonna talk about in just a
little bit
we're gonna see that
however we're
getting scarily close to
this wedge
right here and what will
happen if it
goes down if it goes up I
have no idea
we'll just have to wait out
and see but
if it breaks up from this
trendline we
can see some huge huge
gains also on the
contrary we can see some
huge losses if
this wedge breaks breaks to
the downside
so that's something to keep
in mind the
only scary thing I think is
that the
volume is a
little bit low here but I
still think we
might have a chance what
I'm looking at
specifically is from if we
take a look
right here from the last
time where we
have this all-time high we
had let's go
in here
let's not have any trend
lines right
here so what I'm looking at
is the date
range so from from January
and right now
October 28th and we can see
that from
November until October we
had this huge
bear market like we have in
crypto right
now and we broke to the
downside so
maybe that can happen again
I don't
really know but we'll just
have to see
because this does not have
as good of a
technical pattern that we
have right now
like for example we're
forming a very
very solid wedge this does
not have that
solid wedge so maybe we can
maybe we
cannot but I would not put
all my money
into crypto right now and
just hope and
pray to God that we'll go
to the upside
because maybe we can go a
little bit
lower by even lower and see
how it goes
from there
so exciting times here in
the crypto
space I have to say so just
have to
watch out and this is gonna
be amazing
if it breaks to the upside
all my traits
are going to have huge
gains and that's
what I'm trying to play
right now and
trying to play things that
can go
exponential to the upside
so let's just
take a look into the coins
right now
walton coin as you guys can
see i think
i traded right here about
right here
let's go i think i traded
about right
here it couldn't find
support on the
50-day moving average so so
we lost yeah
about 12% right here not
not too bad i'm
not worried about that we
can also see
bat which we talked about
in
last one I still have my
trade I went in
at sea two point four so
two point four
around this period and we
have been
going a little bit up we
have not hit
any of the stop losses
where I'm gonna
sell my positions so we're
just waiting
and seeing if we can get
some great
momentum going in here as
well if you
can see how the technicals
still looking
pretty great the RSI was
super low here
and that's why I went into
this trade in
the in the beginning let's
go into the
new trades that I haven't
been talking
about iota
so iota and the reason I
traded iota is
because again we're getting
a wedge
right here and on top of
that we have
been getting a lot of
volume lately
which is always great if
we're gonna see
some exponential gains we
really have to
have the volume in the
trading of the
certain coin that we're
trying to trade
because if not we're not
gonna see that
much gains if the volume is
super low
like for example here we're
not gonna
see much gains but also
we're moving so
nicely into the 50-day
moving average
and if we can get a support
right here
with a wedge that's gonna
be a great
great way to the upside
hopefully take a
look at neo I loved neo I
have been
interested in neo since it
works and
shares and also once again
we're moving
really nicely the volume is
coming in it
has had a stable correction
right here
like you cannot it doesn't
seem like it
it wants to move lower than
this and
also where we're trying to
find support
on the 50-day and ice if
like we have
found a little bit of
support right here
on the 50-day and it all
looks good we
can see the volume as well
like I said
I think this is gonna pan
out well and
something I haven't
mentioned is that we
have a nice-looking
percentage right
here that's what I'm
looking for right
now I'm looking for coins
that can give
me a great return on
investment and a
high percentage gain
especially in the
period right now where we
have this
massive wedge moving you're
gonna see
this in these other coins
so ripple
ripple is always such an
interesting
candidate to talk about but
it really
seems like ripple is where
the hype is
right now you can see the
massive
amounts of volume that's happening
on
ripple also ripple has an
announcement
on the 1st and 2nd of
October where
they're gonna launch some
new
technological improvements
on their
platform so in October
first so that's
basically like in just 2
days they're
going to have some huge announcements
and I think that the hype
of that
conference as well as the
price movement
right now might be a very
very good
trade for me if I can get
like a
catalyst sort of like this
so and we've
seen this time and time
again with
ripple that when it starts
moving it
moves fast and that's why I
don't want
it I don't want to miss out
on this and
I've set my stop very very
low or very
short I guess so if it
decides to go
down I do not lose that
much money it's
a huge risk move and maybe
we can try
and get some gains on that
also have
another player called cue
tomb I'm not
too sure about the
technology and like
for example all of these
when it comes to cute them
and TRX I'm
also gonna take a look into
verge
because these can be huge
momentum plays
but we can see that the
volume of
quantum or khuddam has been
just growing
super super fast and it
looks like
there's some optimism in
the market when
it comes to cue them it has
been highest
on the volume charts if we
go in here
and check out the coin
market cap and
going to volume it has been
in the top
like ten positions for a
while right now
and that seems like this is
something
that people are optimistic
for and maybe
we can get a huge breakout
and once
again this is one of the
biggest gainers
that we have a potential
gain of so much
if just look at this right
here we have
a 700 percent gain
possibility if we're
more realistic we can get
up to 5 to 600
percent return on
investment which is an
insane opportunity right
now which is
why I am in khuddam we're
also gonna
take a look at TRX so Tron
I don't like
the project I don't like
the Creator
Jason son the thing with
Tron is that it
has such a massive
potential of upside
and something that happens
with Tron
that we've seen a couple of
times is its
ability to just go absolutely
super
exponential like we've seen
right here
and hopefully we can
capitalize that on
that when we have this huge
wedge
building and that's what
I'm trying to
do with these trades so
momentum
building we haven't seen
too much volume
on Tron yet however we have
a
nice-looking support on the
50-day
moving average which is
super super
healthy for Tron I hope
that we can keep
holding this line and then
move upwards
it seems like we're moving
a steady
sideways sideways direction
I also have
a stoplight that's very
Eero and it's gonna be good
hopefully we
can get this to go well the
last one I'm
trading right here is an
Nano and nano
looks like one of the best
trades at the
moment especially from the
technical
analysis side of things we
can see that
the volume has just been
pushing in
super super hard and also
we have found
support on the 100 day
moving average
which is something that not
which is
something that not a lot of
kryptos has
been doing yet so this is
looking super
super healthy for Nano and
we can see
this as a great great great
trade where
we can get some great
exponential growth
right here we can see that
we have
massive upside very little
downside but
again we do not know if
it's gonna go up
or down on that wedge so
it's very very
important for you to set
your stop
losses so if you lose you
just lose a
couple of percent I don't
know how a
narrow set this stop-loss
about fifteen
percent right here just to
be sure that
if it goes bad I know when
to sell and I
know when to cash out as
well just to
make sure that you're not
losing too
much you always want to be
selling you
do not want to hold like
for example
when I bought back in in
January like
for example when I bought
back in
January like I bought some
I'll let's
say I bought some altcoins
right here
you hold them and they just
hold for a
massive amount of time and
also like for
example I have some all
coins that have
lost me 60% 70% of their
value and it's
not a good thing
because you want to get in
and you want
to get out as soon as you
can with from
a week to a month not that
it's bad to
buy and hold but everyone
that has been
buying and holding through
this period
test
money so it's just nice to
have a
trading strategy where you
actually know
where you're gonna enter
the market and
also when you're going to
go out of the
market when you're gonna
sell if it goes
down when you're gonna take
profit if it
goes up I haven't been
setting a lot of
cell orders on any of my
trades I have
some sell orders on bat
only but the
reason I don't want to set
those limit
orders to sell is because
we don't know
what's gonna happen right
here so maybe
it goes to go super super
bad maybe goes
really highly exponential
upwards or
maybe we're just gonna have
a really
steady uptrend going and
that's going to
be today's video I hope you
enjoyed this
and II learned trading if
you have any
input of what I can do
better if you
know trading if you like
trading go in
the comments right now and
say if I'm
doing something right what
you guys
believe in right now do we
think it has
been enough time to see
upwards momentum
again or are we gonna
continue down on a
bearish tone in this market
I love to
hear what you guys say in
the comments
thank you so much for
watching don't
forget to subscribe if you
want to watch
the last episode of Andy
learns trading
there's a playlist at the
end thank you
so much for watching I love
you and I'll
see you in the next video
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