Crypto Bot Trading For Beginners: Spot Grid And Futures Grid Bots Fully Explained

On Bitcoin

Changed since their last video: months moved sideways to up.

Views

• Next weeks (next 2–6 weeks): Sideways: okay, Bitcoin for me over the next month, we should be looking at a bounce in this area over here. ▶ 10:18
• Next months (next 2–6 months): Leans up: if you're a believer like me where I think the market's going to do incredibly well over the next couple of months to years ▶ 18:52

Levels named

• 83k: Resistance (top of the range chosen as the spot grid bot's sell zone): What is my highest range? 83,000. There's 83,000. ▶ 10:56
• 83k: Target (take profit on the spot grid bot at the top of the range): I'm going to put a stop loss at 71,500. And I'm going to put a take profit at 83,000. ▶ 12:17
• 75.3–78k: Support (short-term futures grid bot range on the 1 hour chart): 75,300 as my lower range. 78,000. Okay. 20 grids, 5x leverage. ▶ 16:49
• 75k: Their view is wrong past this (stop loss for the futures grid bot): I want to put my stop loss at 75,000. ▶ 17:05
• 71.5k: Their view is wrong past this (stop loss on the spot grid bot below the range): I'm going to put a stop loss at 71,500. And I'm going to put a take profit at 83,000. ▶ 12:17
• 70.5k: Support (bottom of the month-long range chosen as the spot grid bot's buy zone): So, what is my low range? 70,490. There's my low range over there. ▶ 10:56

Their own position: Holding, with leverage. Again, I'm long Bitcoin now. 5x. There's the profit.