for the past days Bitcoin has been stuck and not been able to break our $35,000 us resistance level in today's bitcoin price prediction video we'll talk about why another bull trap could be forming and why you need to be slightly more careful but first of all what we are going to see it really looks like that since we have gotten this insane push towards the upside directly towards the area of $ 35,700 Bitcoin has been trading below our monthly level below $35,000 and I do think majority of retail traders that are right now looking at this specific price action are telling to themselves and saying that we are right now forming some kind of a pattern and this pattern is not only visible on the buyb chart right here we can even go with the coinbase chart and also maybe with the bat stamp chart and the situation right here is even more clear I would actually right now go with our coinbase chart because right here it also looks like we formed a brand new higher high the other day on this specific candle but for example going with the buyby chart we actually formed a brand new lower high that is why for this example we are going to be using the coinbase chart and very very nicely connecting our previous highs it is very very clear Bitcoin is not able to break our area of resistance as right now and that is why this right here has been our horizontal area of resistance and also what we are right now going to do very very simply connecting our higher lows with some kind of a diagonal area of support and what you're going to notice Bitcoin on the 1H hourly time frame could simply be forming some kind of an as triangle and of course usually looking at this specific triangle we do have a higher probability of breaking this one towards the upside why so because of course we are forming higher lows and the area of resistance has been reach retested for multiple times more times we retest the higher the likelihood we are actually going to see a successful breakout towards the upside and also another very important thing we do need to take into the consideration it is going to be our volume has volume been going lower and lower the entire time we are right now trading in a triangle yes I would say so volume is very nicely descending the entire time we are consolidating below the area of resistance below the 35,000 us doar but why would I say that this right here could be potentially some kind of a bull trap that majority of freetail Traders are going to get wrecked in the upcoming hours that is simply because we are not really interested going with a brand new long or a buying position after Bitcoin has already gotten a significant push towards the upside and as mentioned yesterday I am only right now searching for a brand new short or a sell if the liquidity above our previous highs right here is actually successfully going to be taken and we are going to to see some kind of a rejection candle towards down so what does it mean if retail Traders are right now paying attention to the triangle right here they are simply going to be looking to go with a brand new long or a buy position exactly at the highs of course yes this trade right here can actually play out however personally I am not going to take it because I am only looking for a brand new long right buy position at our area of support more about that slightly later but I would say that if we are going to see another push towards the upset let's just say in the upcoming hours we take out our previous highs not only on the coinbase chart I would also like to see the liquidity grip happening on the buyby chart for example above this specific high do see some kind of a reaction towards the upside long positions and Retail Traders are going to get trapped exactly the highs which could actually be some kind of a recipe for a disaster now another thing that I would like to show you is that of course if we do have this specific triangle retail Traders not only they are going to be looking for a long at the high right here here if we are going to see a successful breakout towards the upside but also most probably they are going to look for another short or a sell position if our diagonal area of support is going to see a break towards downside and going with a short or sell right here I would definitely say it's a much better option simply knowing that after such a big push towards the upside we are not really interested going with a long or a buy position on the Bitcoin price itself and also the invalidation level it's quite simple because as we already mentioned yesterday if we start going even higher towards the upside our invalidation level simply is going to be slightly above our previous highs after of course the swing failure pattern or a liquidity grap is potentially not going to be successful and if you want to be looking for trades and of course if you want to trade with us of course $30,000 free trading bonus is available with the first link Down Below in the description click the link right here after you create an account after initial deposit you get the bonus you can trade with a bonus and simply withdraw the profits to your own wallet now another very important thing that majority of people do not pay attention to are going to be Candlestick patterns on higher Trine frames and for this I would really like to go on the daily time frame to show you what CTIC patterns Bitcoin has been forming at the monthly highr time frame area of resistance it really looks like of course again we are consolidating below the monthly but look at our candle that was formed two days ago bearish Pinar look at the candle that was formed yesterday another bearish pin bar and of course if we are seeing so big Wicks towards the upside and not really being able to close any daily candles as of right now above our monthly highum time frame area of resistance I would actually say looking at the candate patterns alone it's not really going to be the biggest bullish Bitcoin indication and it really looks like that we are losing some momentum at the $35,000 us resistance level now when we look at what other people are doing at our CBD indicator you're going to notice that yesterday we talked about a bearish Divergence higher high High literally forming yesterday for the entire day but lower highs been forming on the Bitcoin price itself now pay attention to what has been happening with our cvd indicator for the past couple of hours we were able to actually get a brand new lower low right here while Bitcoin for the past couple of hours actually has been able to form a very slight higher low which means that on the other hand we are forming a bullish Divergence on our CBD indicator we are seeing Bulls absorbing all of the selling pressure coming right now in the market but what you're also going to notice is that what happened 30 minutes ago we have gotten the open interest increase which means brand new money coming into market and look right now at the CV indicator of course it has gotten a push over the upside with approximately 7.5 million more buying pressure coming in the market versus our short positions which right now means also people are longing directly at the area of resist now I am not saying that we cannot pump from here but I'm just saying that this specific area it's not not really the best idea to go with a long quy buy because we are at the area of resistance and after such a big push towards the upside personally I'm only interested going with a short or sell possession on the Bitcoin price itself and let me right now do share with you another very important indication on one of the indicators that majority is not aware of and majority is not even paying attention to and that is going to be our a stochastic CG oaner first of all on the daily time frame we are right now forming a double top pattern which historically speaking hasn't really been the biggest bullish indication for the Bitcoin price itself and also on the weekly time frame we are right now coming directly towards the top end let's just right now see exactly what has been happening on bitcoin price every single time we topped out on our AER stochastic on the weekly we were at the top right here we got to push towards some site we were approximately at the top right here we got and push towards them site we were at the top right here very slight push towards downside we were at the top right here push towards downside we were at the top right here push towards downside you you get the idea right here right so we are trading at the top on our AER stochastics C oscat on the weekly time frame right here which again historically speaking hasn't really been the biggest bullish Bitcoin indication but I would say like that first of all we do need to see some kind of a sign of weakness before going with a position now if you do feel slightly more risky I would actually say you can already be looking to go with a short or a sell at this specific area but again your stop loss needs to be slightly wider definitely needs to be above our previous high with some breathing room if Bitcoin is actually going to see right now push towards the upside and maybe even try to trap some long possessions exactly at the highs right here swing failure pattern or a liquidity grab and only then do see another push towards downside a safe for sure position as already mentioned yesterday is going to be take out our previous highs do see a liquidity grab do see a reaction towards downside and only then of course we can be looking for a short or a sell position approximately at $36,000 on the Bitcoin price itself and also right now let me do share with you why we are still early we still do have time to accumulate ethereum to accumulate different altcoins because for example going right now with the Total Tool which represents crypto total market cap excluding Bitcoin you're going to see that if we do go on the weekly time frame I'm actually going to be using the logarithmic chart for this one zooming out a little bit of course we have gotten a significant push towards outside but for the past couple of years we are simply consolidating in this some kind of a horizontal range one could even say in some kind of a triangle now again this one right here it looks like we are not seeing any big breakouts towards the upside we are simply right now going flat for the past couple of years and the exact same thing is happening with total 3 which represents crypto total market cap exclude Bitcoin and ethereum nothing really much is happening right here which means we still do have time to accumulate different altcoins that simply means that the altcoin season as right now still hasn't started so again cardano po do chaining mic near Solana and also many the other ones at least in my opinion hasn't really seen any major pushes towards the upside that is why I would definitely say you are still early we still do have time to accumulate even more altcoins to accumulate even more crypto in the upcoming weeks in the upcoming months I would simply say before the Bitcoin having is actually going to take place now another reason why looking for a long or a buying position exactly at the highs right here is kind of dangerous is also because look at our crypto fear and greed index as of right now we are at the a of course of greed at approximately 71 points now usually when everyone is greedy when everyone expects that we are going to continue pumping towards the upset of course usually completely opposite happens and we are of course expecting a push towards down so I would say like that yes the trend on bitcoin is towards the upside yes we are right now trading in an average uptrend literally on every single time frame and to be honest I would not really like to guess where the actual top for Bitcoin actually is however I do need to say to you is that of course because we are trading at an area of resistance we are not looking for a long position right here I'm only looking for a long or a buy position if Bitcoin is actually going to hit some kind of an area of support which as of right now it's not really happening in an uptrend we are looking to long on a pullback because in an uptrend we are simply looking for a long or a buy position on some kind of a pullback on some kind of a higher low which as of right now we are not getting and because so many indicators as right now are overbought because most probably in the upcoming hours even more retail Traders are going to get trapped exactly the highs and again I'm only looking for a high probability short or a sell position after our previous highs right here do get taken out after we do see some kind of a liquidity grab after we do see some kind of a rejection count towards upsite and then we are looking for a high probability short or a sell position on the Bitcoin price itself and if you want to be trading with us $30,000 free training bonus is available with a first L Down Below in the description after initial deposit thank you very much if you right now actually Smash Up the like button have a great day and peace out

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Imagine being in a very nice trade but suddenly the market turns around and you get completely wrecked and liquidated in this quick video we will be talking about how to not get liquidated even when using High leverage while trading cryptocurrencies I will show you exactly what to do so you will have literallyZero chance of getting your trading account instantly destroyed majority of people want to increase their profit so they borrow money from an exchange that can easily be done with leverage but there comes a problem because crypto is very volatile it makes it a prime target for liquidations liquidation occurs whenAn investor cannot meet the margin requirement for their leveraged position and unfortunately that happens every day very often Traders do not know how to use leverage properly in their advantage while trading Bitcoin ethereum and other crypto and that most probably happens because they do not understand what leverage even is while borrowing fundsTo increase trade position size can multiply our gains it's a highly risky move because on the other hand it can also massively increase our losses if the market moves against our leverage position and with high leverage there comes something called a liquidation price at this price our entire PositionWill be forced to get closed and we will lose the entire margin of the possession or even worse we can lose the entire account balance that happens because there are insufficient funds or margin in the position to keep the trade open so the exchange is forced to close downThe trade to cover our loss let me give you a quick example on bitgit Exchange there is an option to use up to 125x leverage of course using such a high Leverage is super risky and definitely not recommended so let's say we will use 10x leverage for a simple long positionWhat it really means is that the margin to open the trade is going to be 10 times less than the actual position size but now if the market moves for only 10 percent in the wrong direction of our trade we will get liquidated why because 10x leverage time times 10 percent isOne hundred percent AKA our liquidation price so what leverage basically does is that enables the use of a bigger position size with less Capital now let me shock you a little bit it does not matter how high of a leverage you use let me explain on bitgood Exchange thereIs a calculator available for you by the way sign up on bitget after watching this video with the link in the description because they are giving you right now more than 4 000 USD free trading bonus so you can start trading literally for free if we now go underFutures with usdtm Futures there is in the upper right corner a Futures calculator available so let's say we want to enter a long position on bitcoin let's go with 10x leverage open price at 20 000 US Dollars close price twenty one thousand current rate 20 500 and theAmount of Bitcoin let's simply go with one the only thing that really matters when it comes to trading is how much profit we make on a trade with this specific trade we would make a profit of 0.0487 Bitcoin the Roe number or return on Equity is showing almost 50 gain thisValue is calculated based on the margin now let's increase the leverage a little bit let's go with 100x leverage actually so you can once again see the profit is 0.0487 Bitcoin so it literally stayed the same but the ROE number is much higher at almost 500 percent gain butRemember the Roe number is calculated based on the margin and with using 100x leverage the margin went 10x slower in a comparison when we used 10x leverage but margin is not the only thing that actually changed let's now open two long positions on bitcoin using differentLeverage first let me open a trade with usdp using 10x leverage and a margin of 10 US Dollars by long you can see here that the position size is 0.005 Bitcoin and the margin is almost 10 US Dollars now pay close attention to the liquidation price with this trade the liquidation price is17105 US Dollars let's open the X exact same trait with usdc but this time we will use 100x leverage let's set the margin to 10 usdc so it will be the same as the first trade and click on by long the position size is now almost 0.05Bitcoin which is 10 times more than with 10x leverage of course because the leverage we used with this second trade is 10 times higher the margin stated the same 10 US dollars but the most important thing the liquidation price is no much closer to our entry price in theFirst example bitcoin price needs to move for 10 percent in the wrong direction for our trade to get liquidated however in the second example bitcoin price needs to move for only one percent in the wrong direction for us to get wrecked and liquidated but with both trades we would lose the exact sameAmount which is 10 US dollars because that was our margin or we can also say our money that we used for the trade the rest of the position size was borrowed from the exchange with leverage in the left here you can see exactly how big ofA portion is our margin in the position but please note the margin is the amount you lose if you get liquidated using isolated margin that is very important because bitkit exchange offers two types of margin isolated and cross in simple words isolated margin isolates our margin in a position so if we getLiquidated the only thing we lose is this margin in a position however using a cross margin is in my opinion more advanced and definitely not recommended especially if you're a beginner in a case of a losing trade cross margin will drain your entire account balance to protect your position so if you don'tSet a stop loss order with a trait that uses cross margin and the market goes against your position your entire trading account will be wiped out if the trade reaches your liquidation price that's why sometimes you can see people posting their trading results with over 100 loss so the first thing that youNeed to do to avoid liquidation is to use lower leverage or no leverage at all now you are maybe thinking to yourself bro I already know that I use too high of a leverage but what most people do not know is how position size Works once again leverage does not matter what itReally matters is your position size position is calculated leverage times margin so if we use 10x leverage with 10 US dollars as a margin our position size is 100 US dollars or 100 contracts when we trade Futures now we can also get a position size of 100 US dollars on aDifferent way we can use 100x leverage and one US dollar as our margin position size with both examples is the same and that is what really matters but here comes a catch in the first example we borrowed from the exchange 10 times the amount of margin and in the secondExample we borrowed 100 times the amount of margin because we borrowed more in the second example or we can also say because we used a higher Leverage The liquidation price is much closer to our entry that's why for most trades using such a high leverage does not reallyMake sense usually we want to use level average that is below 10x that way the market needs to move for 10 percent for us to get liquidated maybe you are now thinking bro I don't want to hold the trade for that long I want to get out ofThe trade earlier and this is exactly where most people get it completely wrong majority of beginner Traders rely on a liquidation price which is very dangerous because usually they also do not know how to properly calculate the position size they use high leverage and the position size goes through the roofAnd gets insanely High that's why you should now pay close attention only 10 percent of trading success is our trading strategy the most important thing is risk management and trading psychology beginner Traders often look for a perfect trading strategy with very high win rate but with my five years ofExperience in crypto trading I can guarantee you that 100 win rate strategy does not exist over a long run we as cryptocurrency Traders should primarily focus on risk management the most important thing in risk management is a position size and stop loss placement maybe you can now already see where I'mGoing with this personally I never rely on a liquidation price and in my opinion you should not either instead what we should do is to rely on a stop loss order on bitget when you enter a trade it's super simple to study stop loss that's why the link to sign up on bitgetIs in the description when you enter a trade on the right side there is a button where it says stop loss you can set a price where you want to close down the trade or we can also say where we want to get stopped out out of the tradeUsually we want to set the amount to 100 and click on confirm another thing that new and beginner Traders get wrong is the position size calculation position size is dependent on the stop loss placement and now you can clearly see that if majority of Traders do not use aStop loss and rely on in liquidation price position size is often wrongly calculated let's say we want to enter a new short position on bitcoin I always recommend to First visualize it before doing any calculations around it on the left side of bitget exchange there thereIs a tool for long and short positions let's go with a short position now let's say we want to enter a short at 22 000 US Dollars we will set a stop loss at 1.27 and the risk at two to one risk to reward ratio remember when trading weAlways want to Target at least two to one risk to reward ratio that means that the reward will be two times bigger than the loss also there is a common misconception about how much you should risk per trade generally speaking we should risk between one to three percentOf our entire trading portfolio however that does not mean to set a stop loss at one or two or three percent it simply means when we lose a trade we will lose one or two or three percent of our trading portfolio so if we go back onOur example we set a stop loss at 1.27 and let's say that our entire trading portfolio is one thousand US Dollars let's also say that we are a beginner Trader and that's why we will risk one percent of our trading portfolio per trade that way if we lose a trade weWill lose 10 US dollars to properly calculate our position size we can use a very simple formula if our stop loss gets hit we want to lose 10 US Dollars which is one percent of our trading account so to calculate our position size we can divide those 10 US DollarsBy the percentage number of our stop loss the calculation would be 10 US dollars divided by 1.27 and the result is 787 US Dollars this is our position size now to enter a trade on bitget using usdtm Futures we can switch from quantity unit to cost value that way weCan use the amount of usdt instead of converting this value to bitcoin amount but remember what we said before we can use leverage to borrow money to get to this position size if we use One X leverage our margin needs to be 787 US dollars but if we for example use 10xLeverage our margin will be 10 times less so in this case 78.7 US Dollars and this is the correct position size to be used with the 1000 US Dollars trading account one percent risk per rate and 1.27 percent stop loss placement the only thing that really matters whenUsing Leverage is that the liquidation price is not heat before our stop loss generally speaking leverage that is below 10x is in my opinion good to use but of course in that case our stop loss needs to be placed before the market moves for 10 in the wrong direction ofOur trade otherwise liquidation will trigger first before our stop loss before we talk about a big misconception in trading cryptocurrencies Smash Up the like button as hard as you can because the goal for this video is not to reach 900 likes but to pump the likes straightTo 1000 thank you very much if you're right now actually smash the like button one big misconception I see a lot of people believe in is that changing leverage once you are already in a trade affects the profit and loss that is simply not true let's enter anotherTrade this time a short position on bitcoin with usdt and Futures on bid get exchange let's use 25x leverage and margin of 10 USD and click on sell short on the left here it says that the position size is 0.01 Bitcoin or a little over 200 US dollars and theMargin is 9 US dollars if we now click on this pen button and go with decrease margin we can see that we cannot decrease it because the number here says 0.000 however let's now change the leverage by clicking adjust lever and increase it to let's say 50x and clickConfirm if we now once again click the pen button and go with decrease margin you can see that suddenly we can decrease the margin of the trade but even if we now decrease the margin of the trade the position size is going to stay the same and as we mentioned beforeWhat it really matters is a position size because the profit and loss are based purely on the position size so changing leverage mid trade only allows you to adjust the margin of a trade but it does not affect the profit and loss but there is one very good thing aboutLeverage if we have let's say a crypto trading portfolio of 1 000 US Dollars we don't have to have all this money sitting on an exchange for trading we can only have a portion of this portfolio on an exchange and with the use of Leverage still trade as we wouldHave 1 000 US Dollars on the exchange for example on Bill Gate exchange we may transfer only 500 US Dollars and with the use of 10x leverage we can go as high as 5 000 US dollars for the position size of course in this exact scenario with a risk of one percent ofEntire trading account we should have a stop loss set at 0.2 percent that way in a case of a losing trade we would only lose 10 US Dollars which is one percent of our 1000 US dollars but using bitgood Exchange is pretty safe because in aCase of a hack or some kind of a bridge they have an emergency Insurance reserve of 200 million US Dollars another Pro tip I have for you do not add to a losing position cut losses early and make sure winning trades are bigger than losing trades with it I can guaranteeYou you will be one step further to become a profitable and a successful crypto Trader So to avoid liquidation and not get liquidated with crypto leverage trading use lower leverage below 10x is what I personally recommend you that way liquidation price will be far away from our trade entry and we canSimply use a stop loss order to exit our trade if it goes in the opposite direction if you're just starting out or if you want to trade with more than 4 000 USD free trading bonus sign up on bitkit Exchange right now with the link in the description because this bonusCan help you a lot thank you very much for watching have an amazing rest of your day use the bonus wisely and peace out