Live Bitcoin (BTCUSD) Trading & Expert Technical Analysis 📈

Welcome to my live trading session on Bitcoin (BTCUSD). Here, I actively trade Crypto, Gold, and Forex, while also sharing valuable insights on trading topics such as risk management, trader psychology, and strategic planning — particularly helpful for beginners looking to build a solid foundation. Market Overview On Thursday, BTC/USD reached a high of 104,045 and a low of 97,911, closing with a bearish candle. Last week’s candle was bearish, with a high of 110,746, low of 98,880 and a weekly close at 104,537. Monthly Behavior: After peaking in August, BTC is in a subtle pullback or consolidation phase in late August / early September. Yearly Change: Strong performance year-to-date (on the order of +20-30%, depending on entry) Recent Action: The rally toward $123–$125K saw limited follow-through; price is now oscillating in the $118K–$124K band as buyers and sellers battle for control. Resistance Levels: $123K–$125K → upper boundary of recent highs; strong supply area $130K → next psychological / round-number magnet if momentum returns $140K+ → extended target in strong bull continuation scenarios (many bullish forecasts point here) Support Levels: $120K → immediate floor and psychological anchor $118K → important short-term threshold $115K–$116K → deeper support zone, if broader pullback develops $110K → strong structural base in stress scenarios Momentum & Chart Patterns: The prior bull-flag continuation pattern (post-$123K peak) still holds relevance; the break above it triggered the late-August extension attempt. The 50-day SMA (or equivalent mid-term moving average) is acting as a dynamic support zone close to current levels. Momentum indicators (RSI, MACD) suggest the recent move may be overextended, implying room for sideways or modest retracement ahead. On-chain / institutional flows remain supportive: thinning exchange supply and continuing ETF / treasury demand help underpin structure. A Word for New Traders If you’re just starting out in Forex trading, your first goal should be capital preservation — protect your money. Once you master that, focus on consistent profit generation. Only after gaining the skill to earn consistently should you aim for larger financial goals, such as wealth-building. Skipping these steps and chasing riches from the start often leads to failure. The Reality of Forex Trading Forex is inherently unpredictable — no strategy is 100% foolproof. The pillars of my success lie in disciplined risk management, emotional control, and mental resilience. I may incur losses during a session or a day, but rarely over a week or month. That’s the rhythm of a real trader’s journey, and it’s what makes Forex trading so fascinating. My Trading Strategy 1. Semi-Automated Trading Approach Emotions can be a trader’s biggest enemy, especially in volatile markets. To overcome this, I use a hybrid trading method combining manual inputs with my Expert Advisor (EA). • This EA is designed to identify opportunities in both trending and ranging markets, using real-time fundamentals rather than static technical analysis. • It places trades in both Buy and Sell directions as per market conditions. • The EA manages Take Profit (TP), Stop Loss (SL), and Breakeven settings, significantly reducing my manual workload. • I continuously enhance the EA to adapt and improve its efficiency. 2. Trading Across All Sessions While trading volume peaks during the New York session and overlaps, I monitor the markets 24/5. Valuable trade opportunities can emerge at any time, so I stay engaged throughout all sessions. 3. Stacking Multiple Entries in the Same Direction When I identify a solid setup, I open multiple positions with identical Lot Sizes and Stop Losses, but with staggered Take Profits. • One of these trades may have an open TP to capture extended moves. • While some SLs may hit consecutively, my overall profits outweigh the losses — this is the core of my profitability model. 4. Using Breakeven After Partial Profit Once one or two TPs hit, I move the SL of the remaining positions to Breakeven to lock in safety. • Occasionally, price may retrace to the entry point and stop me out at breakeven before continuing in my favor. • In such cases, I avoid re-entering in the same direction immediately. I prefer to wait — sometimes for hours — until a valid setup appears in the opposite direction, then I take my next trade. This approach allows me to remain consistent, controlled, and adaptive — qualities every trader should strive for in this ever-changing market environment. Disclaimer! All sharing of live BTC, Gold and Forex trading is for learning and educational purposes only and is not a financial advice. Everyone is responsible for his own decisions. However, risk management should be your top priority, as trading is a risky business. #BTCUSD #crypto #cryptotrading #technicalanalysis #livetrading #coins