ilmscore | Crypto Trading Guide: Step-by-Step For Complete Beginners

Crypto Trading Guide: Step-by-Step For Complete Beginners

Predictions from this Video

Total: 20
Correct: 0
Incorrect: 0
Pending: 20
Unrated: 0
Prediction
Topic
Status
If BTC breaks above the 95K resistance level, it is predicted to retest 95K before continuing a bullish trend.
"If BTC's price breaks above this key level, chances are that it will fall back to 95K before rallying higher, assuming the trend has flipped bullish."
BTC
Pending
Bitcoin's price movement dictates the trend for most other cryptocurrencies.
"BTC needs to be rallying or gradually rising for most other cryptos to rally. If BTC is crashing, it doesn't matter how bullish the other cryptos look. Chances are they will fall along with BTC."
Crypto Market Trend
Pending
If BTC breaks below the 100K support level, it is predicted to rally back to 100K before continuing a bearish trend.
"Suppose BTC is above a key level of 100K. This means 100K is support. If BTC's price breaks below this key level, chances are it will rally back to 100K before falling more, assuming the trend has flipped bearish."
BTC
Pending
A bullish trend in Bitcoin is necessary for other cryptocurrencies to rally; a bearish trend in Bitcoin will likely lead to declines in other cryptos.
"As I noted a few moments ago, BTC needs to be trending higher for other cryptos to rally. If BTC has been trending lower, chances are other cryptos will be too."
Crypto Market Trend
Pending
If BTC breaks above the 100K resistance level after trading between 95K and 100K, the price target is predicted to be 105K.
"All you need to do is take the price difference between these two levels and add it to the resistance level. That means adding 5K to 100K. That gives us a target of 105K for BTC."
BTC
Pending
If BTC breaks below the 95K support level after trading between 95K and 100K, the price target is predicted to be 90K.
"The price difference would still be 5K, but this time we subtract it from the support level. That gives us a target of 90K for BTC."
BTC
Pending
If Bitcoin breaks above 100K after trading between 95K and 100K, it could reach a target of 105K.
"All you need to do is take the price difference between these two levels and add it to the resistance level. That means adding 5K to 100K. That gives us a target of 105K for BTC."
BTC Price Prediction
Pending
A golden cross (50-day moving average crossing above the 200-day moving average) is predicted to indicate BTC entering a long-term uptrend.
"When the 50-day moving average crosses the 200-day moving average from below, this is called a golden cross, and it suggests that BTC is entering a long-term uptrend."
BTC
Pending
If Bitcoin breaks below 95K after trading between 95K and 100K, it could reach a target of 90K.
"And the same is true if BTC breaks below 95K after chopping between 95 and 100K. The price difference would still be 5K, but this time we subtract it from the support level. That gives us a target of 90K for BTC."
BTC Price Prediction
Pending
A death cross (50-day moving average crossing below the 200-day moving average) is predicted to indicate BTC entering a long-term downtrend.
"When the 50-day moving average crosses the 200 day moving average from above, this is called a death cross and it suggests BTC is entering a long-term downtrend."
BTC
Pending
If 100K becomes a support level for Bitcoin, it is likely to rally and reach 105K.
"If that 100K level holds as a new level of support, then BTC will likely bounce and hit that 105K target."
BTC Price Prediction
Pending
BTC being above the Bollinger Band moving average indicates a short-term bullish trend, while being below indicates a short-term bearish trend.
"If BTC is above the Ballinger band moving average, then it's in a short-term bullish trend, and if it's below, then it's in a short-term bearish trend."
BTC
Pending
If 95K becomes a resistance level for Bitcoin, it is likely to be rejected and fall to 90K.
"On the flip side, if that 95K level holds as a new zone of resistance, then BTC will likely get rejected and fall to that 90K target."
BTC Price Prediction
Pending
A Bollinger Band squeeze is predicted to foreshadow a change in BTC's trend, either to the upside or downside.
"If BTC trades in the same range for a long time, the outer bands will come closer to the Ballinger band moving average, creating a squeeze. And this foreshadows a change in BTC's trend, be it to the upside or the downside."
BTC
Pending
A 'golden cross' (50-day MA crossing 200-day MA from below) indicates Bitcoin is entering a long-term uptrend.
"When the 50-day moving average crosses the 200-day moving average from below, this is called a golden cross, and it suggests that BTC is entering a long-term uptrend."
BTC Trend Prediction
Pending
Successful crypto trades can take days, weeks, or even months to reach their targets, requiring patience.
"Some trades can take days, weeks, even months to complete. If you're confident, wait until your targets are hit."
Crypto Trading Success
Pending
A 'death cross' (50-day MA crossing 200-day MA from above) indicates Bitcoin is entering a long-term downtrend.
"When the 50-day moving average crosses the 200 day moving average from above, this is called a death cross and it suggests BTC is entering a long-term downtrend."
BTC Trend Prediction
Pending
The upper Bollinger Band indicates Bitcoin's potential upside, and the lower band indicates its potential downside.
"The upper band shows you how high BTC could potentially go if it pumps, whereas the lower band shows you how low BTC could potentially go if it dumps."
BTC Price Volatility
Pending
A Bollinger Band squeeze, where the outer bands narrow, predicts an upcoming change in Bitcoin's trend, either upwards or downwards.
"If BTC trades in the same range for a long time, the outer bands will come closer to the Ballinger band moving average, creating a squeeze. And this foreshadows a change in BTC's trend, be it to the upside or the downside."
BTC Trend Prediction
Pending
Successful crypto trades may take days, weeks, or even months to reach their targets, requiring patience.
"Some trades can take days, weeks, even months to complete. If you're confident, wait until your targets are hit."
Crypto Trading Patience
Pending