Coinbase Tutorial 6: Buying More Chainlink
Buying more Chainlink is a free lecture from Cryptocurrency Investment Strategy Without Losses. You can enroll in the course here: https://eaforexacademy.com/courses/cryptocurrency-manual-trading/cryptocurrency-investment-strategy/
Hello, traders, it's Petko and I continue after I had this expected break of the aggressive counter-trend line. Just a couple of hours after I have recorded last night the previous video.
You can see what happened, I had a great break - 3 consecutive very positive candlesticks and then the price is just around the next counter-trend line that I'm having.
I have entered right over here. I have bought another piece of 500 EUR Chainlink(Buying more Chainlink). As I've mentioned last night I am looking at the current moment at that Crypto, and I really want to have some more of it in my portfolio.
If I go to the portfolio, you will see that the overall performance is going up and even I have moved some of the Cryptos to my wallet.
So for example, the OMG I have sent to a wallet and what I have more here is the Ripple from the last transaction. And the resent from last night is another piece of Chainlink. It's another 85.32 and if I go to prices, you will see that the Chainlink is really strong.
Actually, I have bought it a nice price and the recent hour is going up so if I just switch between the Chainlink and the Bitcoin, you will notice what's the difference. Bitcoin it's right over here.
The last 24 hours Bitcoin going down kind of a small downtrend we have on the hourly chart what we've noticed here and that's not an hourly chart actually, I will need to go to 15 minutes or even 5-minute chart to notice a small downtrend.
But usually, in investing we are not looking at these low time frames and the lowest I stick to is the hourly chart. So that's kind of normal pullback that we have and if I compare it, just have a look at the Bitcoin, if I stick to 24 hours and if I go back to Chainlink.
Here it is. You see the difference. It's just going up, it's record highs I will switch to yearly and even to all the data we have in the Coinbase.
It's record highs and people are looking at it, people are buying it and actually, the highest point it went to is 11.36 and something. That's in Bulgarian Lev, so as I said it's above 5 EUR. however, I'm over 30% from the last time.
I took the Chainlink but I really wanted to have some more of that Coin that is just going up and I want to invest more into it and if I go to the weekly chart, you will notice that these highs because here we had a small downtrend, then we had the price just going sideways but after this high of 1077 was broken I had no doubt to buy it again with another 500 EUR.
So this is what I'm looking at at the moment as I said the Chainlink I'm looking at the Tezos, Ripple, and I had some OMG which really didn't go well during the last month, I will go to it. It's right over here.
Probably, if I have another entry I will buy some more of it, so I will diversify and I will have a better average price. I think it was about 3 the last time when I bought it.
So I will keep looking at the Bitcoin and you can see it's breaking right now the other trend line. But this is one more time the aggressive counter-trend line, guys.
You see it's a great entry I have here, not waiting for that one it's a small difference but it's a profit. Because if I was waiting for this counter-trend line to break I would have missed a profit in the Chainlink or any of the other Cryptos or if I'm waiting for that one which is on the top obviously, that's a huge distance.
If the Bitcoin reaches, there the others will be much higher I can bet you that. So let me zoom out one more time to see the bigger picture. Here it is, here is the new Fibonacci as I explained last night.
Why?
A new uptrend forming.
Hopefully, it will continue higher if it goes down as I like to say - even better. We will buy it at a cheaper price. Alright, guys, so thanks for watching this video - Buying more Chainlink and I will keep you updated.
I will keep recording while I am investing in the Cryptos and let me know if you have questions.
Buying more Chainlink and the course are included in our Trading Packages:
https://eaforexacademy.com/packages/trading-software/
If you want to try trading Cryptocurrencies with Robots, you can have a look at our Robots Bundles:
https://eaforexacademy.com/expert-advisors/
� If you have any questions about Buying more Chainlink, please, write in our trading Forum where you will receive an answer within 12 hours.
https://eaforexacademy.com/forums/forum/general/
Our online Crypto manual trading courses:
https://eaforexacademy.com/courses/cryptocurrency-manual-trading/
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Hello, traders, it's Petko and I continue after I had this expected break of the aggressive counter-trend line. Just a couple of hours after I have recorded last night the previous video.
You can see what happened, I had a great break - 3 consecutive very positive candlesticks and then the price is just around the next counter-trend line that I'm having.
I have entered right over here. I have bought another piece of 500 EUR Chainlink(Buying more Chainlink). As I've mentioned last night I am looking at the current moment at that Crypto, and I really want to have some more of it in my portfolio.
If I go to the portfolio, you will see that the overall performance is going up and even I have moved some of the Cryptos to my wallet.
So for example, the OMG I have sent to a wallet and what I have more here is the Ripple from the last transaction. And the resent from last night is another piece of Chainlink. It's another 85.32 and if I go to prices, you will see that the Chainlink is really strong.
Actually, I have bought it a nice price and the recent hour is going up so if I just switch between the Chainlink and the Bitcoin, you will notice what's the difference. Bitcoin it's right over here.
The last 24 hours Bitcoin going down kind of a small downtrend we have on the hourly chart what we've noticed here and that's not an hourly chart actually, I will need to go to 15 minutes or even 5-minute chart to notice a small downtrend.
But usually, in investing we are not looking at these low time frames and the lowest I stick to is the hourly chart. So that's kind of normal pullback that we have and if I compare it, just have a look at the Bitcoin, if I stick to 24 hours and if I go back to Chainlink.
Here it is. You see the difference. It's just going up, it's record highs I will switch to yearly and even to all the data we have in the Coinbase.
It's record highs and people are looking at it, people are buying it and actually, the highest point it went to is 11.36 and something. That's in Bulgarian Lev, so as I said it's above 5 EUR. however, I'm over 30% from the last time.
I took the Chainlink but I really wanted to have some more of that Coin that is just going up and I want to invest more into it and if I go to the weekly chart, you will notice that these highs because here we had a small downtrend, then we had the price just going sideways but after this high of 1077 was broken I had no doubt to buy it again with another 500 EUR.
So this is what I'm looking at at the moment as I said the Chainlink I'm looking at the Tezos, Ripple, and I had some OMG which really didn't go well during the last month, I will go to it. It's right over here.
Probably, if I have another entry I will buy some more of it, so I will diversify and I will have a better average price. I think it was about 3 the last time when I bought it.
So I will keep looking at the Bitcoin and you can see it's breaking right now the other trend line. But this is one more time the aggressive counter-trend line, guys.
You see it's a great entry I have here, not waiting for that one it's a small difference but it's a profit. Because if I was waiting for this counter-trend line to break I would have missed a profit in the Chainlink or any of the other Cryptos or if I'm waiting for that one which is on the top obviously, that's a huge distance.
If the Bitcoin reaches, there the others will be much higher I can bet you that. So let me zoom out one more time to see the bigger picture. Here it is, here is the new Fibonacci as I explained last night.
Why?
A new uptrend forming.
Hopefully, it will continue higher if it goes down as I like to say - even better. We will buy it at a cheaper price. Alright, guys, so thanks for watching this video - Buying more Chainlink and I will keep you updated.
I will keep recording while I am investing in the Cryptos and let me know if you have questions.
Buying more Chainlink and the course are included in our Trading Packages:
https://eaforexacademy.com/packages/trading-software/
If you want to try trading Cryptocurrencies with Robots, you can have a look at our Robots Bundles:
https://eaforexacademy.com/expert-advisors/
� If you have any questions about Buying more Chainlink, please, write in our trading Forum where you will receive an answer within 12 hours.
https://eaforexacademy.com/forums/forum/general/
Our online Crypto manual trading courses:
https://eaforexacademy.com/courses/cryptocurrency-manual-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/
