Ethereum margin trading - How to make money shorting ethereum when the market goes down Video Lecture | Cryptocurrency Fundamentals: Buy, Sell and Trade Cryptocurrency - Business Basics

what up YouTube it's me
crypto bro back again with another hot
video today's video will be doing some
ta on the etherium so if you're excited
for that go ahead and smash up the likes
smash up the likes like our good old
friend Superman used to say but guys in
all seriousness let's take a look at
Google Trends before we do the TA
as you guys can see we were at a hundred
over here and now we kind of just
dropped and took a and there's not
really that much interest in eutherian
surprisingly there's a lot of interest
coming from the state of Virginia after
that it's going to be New York coming in
second third we got the District of
Columbia fourth California and fifth our
friends in Las Vegas Nevada
alright with that being said let's go
back to the TA part this right here is
gonna be the four-hour chart on coinbase
you guys can see not looking good on the
four-hour - pull up the daily yeah not
really looking good on the daily either
let's zoom into the to our really not
looking good on a two-hour we're really
not looking good as you guys can see
here on the two-hour this would have
been a nice opportunity to short if we
did this right here boom-boom-boom would
have shorted right there and right
around here and as you guys can see the
V WAP is also going down the V walk is
gonna be the little yellow thing right
there let me show you guys the view op
see the V walk is very very powerful in
markets I Furby V what goes up price
goes up v walk goes down price goes down
I'll show you guys another nice example
as you guys can see right over here
you see the yellow going up golden as
you guys can see over here price went up
so the V wop is extremely extremely
powerful my friends so that being said
right now let's go ahead and clear
everything out let's zoom into the one
our got a little bit of green on the one
our probably gonna have some green here
in the 30 and potentially on the 15 as
well
all right so it's kind of training
sideways right now but longer time
friends it's a two hour that's looking
kind of kind of bad in the four hour of
looking bad as well so I'm gonna go
ahead and enter in betrayed based on the
four hour based on the fact that the V
WAP is still going down okay based on
the fact that this is still right over
here the bottom the money flow and all
that we're just we're not really
looking good and based on the fact that
there's not really much interest in
eutherian right now so with all this
being said I'm gonna go ahead and shoot
over to buy bit as you guys can see
nothing is open yet you go ahead and do
a nice little nice little short on ease
give me just one second alright here we
go guys we are about to fire this off
live as you guys can see no trade tome
phase does not do this crypto Kirby does
not do this but we do this on this
channel over here so before I do this
I'm going to take one final look here
I'm gonna pull up market cypher support
and resistance fine-tune it real quick
and this thing is going low the sting
may hit about man just this thing could
go really low this thing will easily
wick 129 but I'm thinking
let's let's go back to the daily here
let's go back to the daily
we really have no support here this
thing is just gonna drop it was really
no support at all the resistance is
about 150 for two so yeah with like 6 or
7.x leverage I can make some good money
I'm gonna go ahead and up it it's about
8 X leverage on the etherium you can't
use crazy high leverage because it's
more volatile than Bitcoin so it's gonna
be 8 X leverage it's gonna be a hundred
percent of my stack it's gonna be gonna
be worth about a hundred and sixty-five
Eve and as you guys can see I just threw
in 20 eath okay it's worth about twenty
seven hundred dollars and with 8x
leverage my trade is worth a hundred and
sixty-five ease so that comes out to
about 21,000 contracts so as you guys
can see we're curling down no big deal
I'm confident in my trade and confident
in my ta so what I'll do at this point
is pause the video since it's becoming a
little bit lengthy here and I will come
back with an update on this trade
tomorrow morning you guys will see the
profits
for now if you have not already
subscribed right drop a like and I will
see you guys on the other side