How To PREDICT Crypto Price Breakouts With Basic Chart Trading! - YouTube

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Sniper's foster here first of all very happy new year, and let's make this a great year for cryptocurrencies I

decided to make a video for you guys about

Recognizing chart patterns, not just that it's also about looking back at what you predicted if it actually

Was the right pattern that you've identified that?

Everybody knows but also for those who are new in this court on the sniper stoop you have the

trading 101

We see right here

And it has all the patterns that you would need to trade. It's my favorite the flat continuation, okay

Let's switch to Carnegie

Training view is also a program. You can use to do your analysis. I like ecology because it's connected to finance which I like that

exchange and

What we have here is basically what everybody can do we have a bunch of support resistant lines

and I put in two lines here, which are

forming a pennant and so I

Drew this one in around here. I believe and I was like well

It's got a breakout right because it's a pennant and so we broke out not too much

But you know trend was broken and we actually moved outside of this

Move through the resistance and I and on top of the support line oh that would broke back a little bit

So this for is for me is like hey, I recognize his pattern and something happens

Let's go to Tron because I'm going to show you a couple of DS

Well, we have here in Tron Tron

was basically in a very huge descending

Triangle and if it didn't break out it would definitely

Go down even more

however, it did break out I did not predict that and

however

when this happens a

box appears right here

Just like name likes to point out so this is a cup what happens right here went down so I figured well

There's a handle foam let's do this handle

And when I look back?

about half a day later it started breakouts and

Right now here there was another

At least that's what I think it is another cup where the small breakouts

I'm not sure about this one, but it was a pattern

And so what I did here, let's go to the 120

When I saw this I realized wow is this

Friends is going to be I would almost say the mother of all cups

let's see let's

We're in a curve I'm here

Like if this was gonna be the cup and we got a handle here imagine a break out for Trump

And we're at our king

You know no matter of a date

Now this might be wrong might be completely wrong, but this is how I'm like. Hey. I recognize this pattern will this happen

So I want to show you guys another one first. I love this one. I love words in general but

Hmm this one is actually let's go to them 15 would be a good one

this actually first one when I started to

Practice what I preach right now

Okay, so we have a flick continuation here that I put in and what happened while there was a breakup

Did I trade is no I didn't trade is a teen trade which but we have ruin

Pretty much strong rise all the way up here and what happened here

after two tops third one started to fall over for I was like hey maybe

Maybe this will be head of shoulders, so what happened it became at his shoulders and it broke through

Resistance it broke through the other resistance even

Broke through here came back, but then there was a penance and I broke up again

His movies over a little bit and

So what happened here? There was a cup forked now there was

They break out here, but it was really tiny so

I'm starting trader. I'm all nude. It is so maybe this wasn't the right penance all right?

I'm not completely unsure about this one, but where you can see here. That was a small breakout

Although this breakout didn't go sky-high

Now what happened then is that everything

Everything went into an ascending triangle broke out a little bit, and then it broke up north rolled

it was this is lows right in here and

so

After a while I drew in two tops like this is going to be head of shoulders, and I figured well

It was gonna be two tops

It's gonna go down

That's here right here uptrend first up second top breakout on trend reversal right down

Which happens right here, so I like this one. I can look back

No, it was here December 28th where I was like hey

He's a flake continuation so I can look back in the past, and I don't have you have to trade any of this

it's just

You learn these patterns you saved them right here in Coney G. You. Have a safe button on the top right save the chart layout

And you can load them as well, and it includes the drawings you make plus the trends you have here

I have there or asana mcdee

Let me go to the last one. I want to show you guys because Union this is where it's all about

Which is that you actually trade on recognizing these patterns?

Okay, we are in stellar here. I think for this one. I gotta go to the five minutes

five

Okay where we got here we had an ascending triangle and

Right here at this point when it started buying the bounce off this line

This line goes back more

I

decided

Because it connects

Let me see

And the line was a little bit steeper the first line I drew was the first line I drew was like

From this was more of the line that I drew, but it started bounce off here

And I realized hey, if it reaches this support line right here, just previous high

Dennis is gonna go so I put in a trade here the blue line right here. I want 35 10 Satoshi and

I

Realized the psychological level is 4,000 was right here

Which was right around was around a previous heights?

I don't know

It's not but it's to me it felt like a psychological level like it's is it gonna cross there or people gonna sell

So I place a sell order before it reached that 4,000 and

Here's a result in 35 minutes about 12% profits, and I guess that's pretty good for

35 minutes of waiting

so

Yeah, this is basically what I want to show you guys that if you practice these trends. You can see here

Breakfast these formations

Hey, you started trying to get better than

You are able to put in trades

basically show Lauren how to make a profit and

Then the last one I want to show you is you see let's go here

After this broke out there was the top obviously it had to go down

That's a correct

And then it went up again and down, and I drew in a double top and usually would have the double tops well goes down

And guess what's been happening. It's been going down and then straight sideways

So I hope you really liked this video my first ever video ever on Internet

Thank you very much for watching and all I have to say is a sniper's out

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