a
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
You
