Coinbase Tutorial 1: Buying Tezos on Cryptocurrency Exchange
Cryptocurrency Exchange is a part of Cryptocurrency Investment Strategy Without Losses course: https://eaforexacademy.com/courses/cryptocurrency-manual-trading/cryptocurrency-investment-strategy/
Hello everyone, it's Petko Aleksandrov and in this video-Cryptocurrency Exchange, I continue now recording from the Bitcoin chart because we have some more movements from the recent days.
And you can see where is the price right now, just below the 10,000 and it passed actually. It broke it yesterday on the 7th of May. And then it broke again and it formed a new high. This high is higher than this one.
And if I zoom, you will see what formation we have. Here is the highest point and then it formed a lower high which allowed me to draw this counter trend line.
After that, the price formed a higher low than this one so this low is higher than this one or it failed to take this low, it's a failure of the recent low.
And then it broke aggressively higher just 2 hours ago.
However, I was outside and I didn't buy any cryptocurrency because I really wanted to record it so I went back to my office and I am recording the Cryptocurrency exchange video right now.
So here is the break, I will take it just a little bit more expensive. I am going to take a little bit more of Tezos actually. But you can see what is the formation, exactly matches our setup of the strategy, counter-trendline, failure of the recent low, and there is a nice impulsive break.
Not really a huge bar didn't really close on an extreme. But after that, the price retested the counter trend line and now it's going upwards again.
So I will get some more Tezos into my portfolio. Since I have recorded
the portfolio it's just going sideways. I will buy Tezos for another €500 and I will do that actually from my wallet. So it will not be from my Visa cards.
That will be approximately 190 Tezos which will be around 485. So there is a commission, of course, the €15 is the commission. However, when I buy
a certain amount of money, I buy for that amount of money so I don't add the commission.
So if I want to buy for €500, I will be buying for 484 or 485 and something. Preview Buy, and I click on Buy now. So it takes a couple of seconds the
transaction to be completed and you can see your order was submitted.
I click on Done and pretty much that's it. I go back to the portfolio and you will see that I have 44.84% of my account with Tezos. So, one more time, this is how I am doing it. We will see what will happen during the next days as well because there will be the Bitcoin halving which everyone is expecting.
But what I try to do always is to stick with my strategy. Doesn't matter what the market is expecting. Because everyone now expects that the Bitcoin will rise because of the halving.
However, I'm not really sure how this will affect the other cryptocurrencies. Hopefully, it will bring them higher. If it brings them lower, even better, I will buy at a cheaper price and I will have a better average price. So my first target is at 12,600 and the other one is really far up at 17,652.
I have already explained why, because of the Fibonacci.
So now I have already a third position or third investment in my portfolio. I have bought 3 times with €500 each. And as I have explained earlier, the maximum I go to is 10 times and I will buy only if I have the setup 100%
confirming the investment.
I don't make any exceptions, not with the counter-trend, not with the failure of the recent low, or any other point of my strategies that I've been using.
When I stick 100% to the strategies, I feel more confident and I achieve better results.
Coinbase cryptocurrency exchange allows you to withdraw money straight to the Visa card that you have used to fund the account and to the PayPal account.
If you want to invest in Cryptocurrencies, have a look at the trusted crypto exchange Coinbase:
https://www.coinbase.com/join/aleksa_v5
Our Trading Packages:
https://eaforexacademy.com/packages/trading-software/
★ Forex Strategy Builder Pro - 2 weeks trial:
https://eaforexacademy.com/software/forex-strategy-builder-professional/
★ Test EA Studio with 15-days trial and get the FREE course::
https://eaforexacademy.com/software/expert-advisor-studio/
� If you have any questions about Cryptocurrency exchange, please, write in our trading Forum.
https://eaforexacademy.com/forums/forum/general/
Our online algorithmic trading courses:
https://eaforexacademy.com/courses/algorithmic-trading/
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Hello everyone, it's Petko Aleksandrov and in this video-Cryptocurrency Exchange, I continue now recording from the Bitcoin chart because we have some more movements from the recent days.
And you can see where is the price right now, just below the 10,000 and it passed actually. It broke it yesterday on the 7th of May. And then it broke again and it formed a new high. This high is higher than this one.
And if I zoom, you will see what formation we have. Here is the highest point and then it formed a lower high which allowed me to draw this counter trend line.
After that, the price formed a higher low than this one so this low is higher than this one or it failed to take this low, it's a failure of the recent low.
And then it broke aggressively higher just 2 hours ago.
However, I was outside and I didn't buy any cryptocurrency because I really wanted to record it so I went back to my office and I am recording the Cryptocurrency exchange video right now.
So here is the break, I will take it just a little bit more expensive. I am going to take a little bit more of Tezos actually. But you can see what is the formation, exactly matches our setup of the strategy, counter-trendline, failure of the recent low, and there is a nice impulsive break.
Not really a huge bar didn't really close on an extreme. But after that, the price retested the counter trend line and now it's going upwards again.
So I will get some more Tezos into my portfolio. Since I have recorded
the portfolio it's just going sideways. I will buy Tezos for another €500 and I will do that actually from my wallet. So it will not be from my Visa cards.
That will be approximately 190 Tezos which will be around 485. So there is a commission, of course, the €15 is the commission. However, when I buy
a certain amount of money, I buy for that amount of money so I don't add the commission.
So if I want to buy for €500, I will be buying for 484 or 485 and something. Preview Buy, and I click on Buy now. So it takes a couple of seconds the
transaction to be completed and you can see your order was submitted.
I click on Done and pretty much that's it. I go back to the portfolio and you will see that I have 44.84% of my account with Tezos. So, one more time, this is how I am doing it. We will see what will happen during the next days as well because there will be the Bitcoin halving which everyone is expecting.
But what I try to do always is to stick with my strategy. Doesn't matter what the market is expecting. Because everyone now expects that the Bitcoin will rise because of the halving.
However, I'm not really sure how this will affect the other cryptocurrencies. Hopefully, it will bring them higher. If it brings them lower, even better, I will buy at a cheaper price and I will have a better average price. So my first target is at 12,600 and the other one is really far up at 17,652.
I have already explained why, because of the Fibonacci.
So now I have already a third position or third investment in my portfolio. I have bought 3 times with €500 each. And as I have explained earlier, the maximum I go to is 10 times and I will buy only if I have the setup 100%
confirming the investment.
I don't make any exceptions, not with the counter-trend, not with the failure of the recent low, or any other point of my strategies that I've been using.
When I stick 100% to the strategies, I feel more confident and I achieve better results.
Coinbase cryptocurrency exchange allows you to withdraw money straight to the Visa card that you have used to fund the account and to the PayPal account.
If you want to invest in Cryptocurrencies, have a look at the trusted crypto exchange Coinbase:
https://www.coinbase.com/join/aleksa_v5
Our Trading Packages:
https://eaforexacademy.com/packages/trading-software/
★ Forex Strategy Builder Pro - 2 weeks trial:
https://eaforexacademy.com/software/forex-strategy-builder-professional/
★ Test EA Studio with 15-days trial and get the FREE course::
https://eaforexacademy.com/software/expert-advisor-studio/
� If you have any questions about Cryptocurrency exchange, please, write in our trading Forum.
https://eaforexacademy.com/forums/forum/general/
Our online algorithmic trading courses:
https://eaforexacademy.com/courses/algorithmic-trading/
Let’s connect on social media:
Facebook: https://www.facebook.com/eaforexacademy/
Instagram: https://www.instagram.com/eaforexacademy/
LinkedIn: https://www.linkedin.com/company/33249615/
Twitter: https://twitter.com/EAForexAcademy/
