100 usdt because we are almost at 200 in our account up from one dollar, guys welcome back to the channel everybody. My name's artie with coin castle, and this is not bitcoin. Today. This is going to be a special episode where i try.
Bitcoin binary options trading and try to take one usdt, all the way up to 500 usdt, completely casual video completely, not scripted. We're gonna do this kind of like a live scenario. So i'm going to open up the coin castle exchange.
I'm, going to have all the links to everything that you guys need down below, but how we're going to start this, i'm, going to start off my account with one usdt. Actually it's got a dollar 91 in it, and we're gonna do bitcoin binary options trading.
These are 60 second bitcoin options. So basically, i just need to guess whether the price is going to go up or the price is going to go down or be higher or lower in 60 seconds. If i'm right in that 60 seconds, i get 80 profit.
So with a one, usdt bet it's, 80 cents usdt profit and then we'll, keep going up and literally do the most aggressive strategy. Ever i'm, also going to have a trading view up on another screen. I have the holy moly package bought on trading view, so i have second tickers on candlestick charts, which is going to help me see moving average crossovers support and resistance rsi levels.
So i'm, going to use all the tools at my disposal, but i'm going to show you guys that i think this is possible. I don't know. Yet we're starting this video. So let's. Take uh! Let's. Take me down a little bit and let's, get uh! Let's, get long short up.
So basically what we're gonna. Do i'm gonna show you really really quickly. You're gonna pop up google right, so google, you're gonna type in the search bar app.coincaso.com, or you can check it out in the link in the description below and on the left-hand side.
All the way at the bottom here it says: apps you are going to click on. Let me move my face. Hold on you guys can't see this boom, see how it says long short right there. This is the game that we're, going to be playing.
I'm, going to move my face back to where it was because it was pretty over there yeah. We're, going to click long short and we're going to play, but i've already got that window open. I just wanted to show you guys how to do it.
Follow the link in the description down below. Basically, what you're going to do. Is you're, going to type in the amount that you want to risk right here? I obviously have one dollar and 91 cents, so i'm, going to start with one dollar and we're, going to go long or short.
I am looking at my trading view chart here. I don't. Have it on both screens because it's, going to take too much real estate, and i kind of want you guys to get a nice feel for uh. What's going on here? The chart behind me is live up to the second uh bitcoin price holy crap.
It hit 17 000, like that's great. I'm gonna edit this video down, because i don't want you guys to wait. 60 seconds every single time i win or lose so this was just the intro, and now i'm gonna get into actually going.
So i'm watching for moving average crossovers uh. We're, seeing a little bit of price resistance right now on the 200 moving average and basically, i think the price is going to go up now if the moving averages will just cross over.
We'll go into our first position. Now, if you guys are wondering how to do this or how not to do it, definitely do not uh over trade. Do not trade every 60 seconds, because sometimes the price action doesn't move like, as you can see now.
The bitcoin price is literally flatlined right here, so i'm waiting for a nice movement. Okay, so we we started to go down a little bit. Let's, see if it continues that downtrend. That would be really nice.
We're doing 60 second trades during this time. You get a timer that goes for 60 seconds and if you're winning during that 60 seconds, it flashes green. If you're losing during that 60 seconds, it flashes red and again 80 profit payouts.
Hopefully we stay in the green. That would be very, very nice. Little spike up keep going down, keep going down. Please thank you. So we're. Doing extremely extremely aggressive trading here guys, the reason we're doing it.
This way is because we're, risking one dollar to get to 500. We're gonna do one dollar once we get up enough, we're gonna. Do two dollar bets three dollar bets five dollar bets. Ten dollar bets twenty dollar bets, but hopefully it does not spike up and we will win so now.
We're gonna do two usdt and we're gonna try to basically every time we win. We're gonna start, doubling it again waiting for a nice movement on the bitcoin price. Could i think i'm gonna go long here guys.
I think i just saw a moving average crossover, so we might have some luck and go on the upside or not you never know. I think i think it'll go up, though yeah keep going, keep going there. We go nice comfort buffer zone right now.
I think i think we & # 39. Ll, get a nice solid pump out of this one and again guys. You have to realize that when you have a moving average crossover like that, you can't just go off of the moving average crossover.
You have to anticipate in 60 seconds where that price will end up if it's. A quick correction and it'll start going down the other way. You have to foresee that so for right now we are in the green uh, one profitable trade.
Hopefully this one will end in 12 seconds and be profitable and two seconds. We are ready to go boom awesome one again, so we're, two back-to-back trades, let's, go for usdt on this trade, [ Music ] all right, so we're at 13 right now on this bet.
So we're just going to keep watching the price see if it goes down um. This is becoming very, very uh, interesting because i mean such a small time frame and such like rapid bets and constantly not trying to trash my account um or my little nest egg that i've created technically, i'm, not suggesting That any of you guys trade like this, like, if you want to risk one dollar and try to double your money, that's great, because you're only ever risking one dollar.
If you look at it in the grand scheme of things, but do not bet like this, for your entire account, so we got ourselves another winner and we are at 23 dollars right now. Let us max out the bet at 23 and we will keep on going if you guys are seeing this chart right here.
You see how the price action was going down and then it's starting to level out. That means it's, losing some momentum and should start going up. We are also seeing a movie average cross over and we are below that 17 000 level.
So we we do have some room to grow. Hopefully we can go in on a long position right here in just a moment, so i decided to go short because it rejected really really hard on the 200 moving average um.
We should maintain this downward momentum for just a little bit just enough time for us to get through the 60 second option, but maybe not it might actually start coming up. I don't know this. This price barrier right here this 16 900 level - 16974, like it seems to to not like it, but it i mean.
I saw a couple of rejections here with the moving average crossover. So hopefully we can maintain the down and we have ourselves another winner, [, Music, ], okay. So after a long wait, we are still waiting to get into a good position.
I don't really see which way the price is gonna go. So we went in on a long position. Um i'm, seeing a nice break in the price where we went above a certain resistance zone. So hopefully we broke through that and now we'll use it a little bit as support, but i mean you see right here like this was the resistance level, so i saw it coming up to that and hopefully we can break through and maintain This up position: if we can stay up here, we'll, be good.
My only concern is that we're sitting, close to that 17, 000 mark and at 17 000. It might reject hard again, but we still have 15 seconds. So maybe we can get a win out of this one and just keep doubling our bets, because i want to get this done and over with, i'm, still stressed out all right, so we got another winner.
Let's uh! We're okay, so we're, seeing it oh nice right away so 70. Some odd dollar bet. We're, seeing a lot of resistance here on the uh, the top level. So i decided to go short because, usually when it stagnates at a certain price like it hit here, hit here hit here that's.
What i'm, seeing on my on my trading view panel, and i mean three hits on a resistance zone - usually calls for a pullback that's, exactly what we're. Seeing here and again, it was at that 17. 000 level, so i think that was a nice call on our part kind of easy pickings when it's at even numbers like that, so we will see if it stays down here or if it will go higher.
Hopefully it won't, but you never know whoa what happens with the price of bitcoin it's. Super volatile that's. Why i don't recommend really going crazy, like i'm. Doing definitely, this is just a demonstration to show you that it's possible don't risk all your money boom, so we are so.
We are at 137 right now uh. We should probably lower the bets to maintain because i feel like our winning streak. Luck is about to run out, so we should probably lower it to 50 usdt uh. So we & # 39, ll do 50 or actually let's.
Do half so half of 135 137? Let's. Just go 70 bucks huh, so we're still waiting on a long or short position still not liking. This uh 1700 mark. I think it might reject. Again. You see we had a rejection, rejection, rejection, this fat rejection, so we're sitting right here at 17.
05. Let's, see what happens. Hopefully it'll. It'll spike back down or if it pushes through. We might get some upwards momentum. I'm. Looking for a short, though, i think i'm gonna go short again because it is really not liking that seventeen thousand dollar level but uh, you never know.
I mean it's really playing on the moving average uh. That's, why? I decrease the bets because we've kind of pushed our luck when it comes to uh, you know win after win after win, i'm. Definitely gonna have some losses in this challenge, but i think we built up enough capital to where we can do pretty sufficient bets.
Now i don't know. Hopefully we get to that point where we can do 100 usdt bets, but for right now i like, where this is going. I don't think that it will actually go back to where we got in at so. We're in the clear just need to maintain this position for another few seconds 10 seconds and we are in the clear for another.
Longer short call all right got another winner under our belt and good timing too, because the price started to come back up uh, let's, go 100 usdt because we are almost at 200 in our account up from one dollar guys.
I just want you to realize that up from one dollar now i want to be a little bit more cautious. I'm not going to over trade, so there's, either going to be some massive fast forward, editing or i will just cut to a time when uh we see a nice opening for a position.
All right, i think, see how it's hitting resistance resistance and it just broke through. If this maintains its up position, we might get some momentum up or it just might be a little bit of a trap for the people with uh buy positions as it breaks through for breakout traders.
This could just be a big pool of bears sitting waiting to pull the price back down so 100 usdt bet let's, see what's going to happen. I think i think we should push it down. Ah, look at that perfect timing; okay, so that's, exactly what happened.
The price broke above this resistance zone above that 17 000 barrier and the bears literally laid a trap for the bulls. All those breakout traders price rejected pretty hard. We're. Still, i don't. Think it & # 39.
Ll, go back up to the 17 000 mark within the next 60 seconds, because a lot of this was hurting people, so people might get scared and start selling off. So hopefully we can maintain this downwards momentum, which we are doing perfectly and we got about 15 seconds left.
This is kind of easy right now guys when you get on a nice cusp like this of 17 000, where there's, nice resistance, i mean you can pretty much guarantee, which way the price is going to go, and especially in 60 seconds, so Boom we're up 80 usdt on that one.
We're at 273 dollars. Half of that is going to be 135, so so we did have another winner. I thought it was going to maintain a nice downwards trend. I was going to get in right away, but we are starting to flatline.
Here we're, going to keep our bets at 100 usdt uh till the end of this challenge, because uh i don't want to risk too much. So, as you can see, we're still sitting kind of flatlined. My anxiety is building.
We are getting closer to the moving averages, but i think we're rejecting here. So i'm, going to go short because we're, seeing look at that rejection, rejection, rejection and boom another rejection, so we were rejecting against the 200 moving average uh.
We are really low on the rsi, so we might come back up, but with cryptocurrencies it has the potential to ride low or high in the rsi for quite some time that's. How you get the parabolic spikes up or down it's r, it really didn't like this 17 000 level, pushed down flatlined a little bit and had no bullish momentum up, so the bears obviously are going to keep pushing it Down, hopefully, we can maintain this for the next 25 seconds, because i need to win this option so that i can get done with this challenge all right.
Another winner on our hands, um, let's, just sit and wait for the next good opportunity. You don't want to over trade guys. You want to wait for good signals. You want to wait for good moving average crossovers.
You want to wait for support and resistance levels. You know either doing their job or breaking through them. Um. I have a bunch of indicators up guys, so the best tools that you can do for this is use indicators on trading view yeah.
It is a bit of an investment to get the incredible premium package on trading view, but i think it's worth it. In my opinion, if you're going to be doing stuff like this, because you need better charts than what's offered here, you need more analysis.
You need the indicators to show you the direction. So we're sitting about 30 bucks below that 1700 level, so it might have the potential to actually go back up there before it rejects again. I think we might actually just do a 200 usdt bet um.
I know it's. A big risk, but definitely want to finish this challenge as fast as possible um. Currently, we're sitting at about an hour worth of trading right now, so hopefully we can uh just get it done, and i can show you guys the uh success or the complete failure and loss.
I mean this is a challenge i don't even know how this is gonna end. I might blow my entire account, but again i only did risk one dollar to get here see so we were at 17 right and then it dropped back down flatlined here flatlined here.
For me, what i'm, seeing is a 618 level retracement. So i think it might actually push back down. This might be a trap, another trap laid by the bears for the breakout traders yeah. So you see this this level right here.
This level right here, like it rejected, brought down to this level, rejected starting to see a little bit of downwards price movement. We actually might go short on this position. I think short is the way to go um a lot of rejection, guys a lot of rejection here.
So, okay, with that move, we did have a moving average crossover so for the next 60 seconds it might stay in the down position and again, like i was saying that's, a 618 level retracement, so it was down, came up hit the 618 Level and then continue its downward move got 30 seconds left on this.
My hands are just wet, cold and clammy. I know i'm only risking a dollar overall, but i've built up the the balance quite high, and now it's becoming real for me. Stay down there stay down there. Oh please, no five seconds! Please got another winner all right, so we did it guys.
We're at 513 usdt that's whoa, so one hour of trading, miraculously we didn't have any losses, but you all just also have to remember. I wasn't trading every 60 seconds. I was able to wait. It out wait for good opportunities, wait for moving average crossovers like.
Let me show you what i was looking at really quick, so you guys can see exactly. Basically, you know you're waiting for this. You're waiting for a moving average crossover and hold on. Let me uh, let me adjust my screen a little bit, so you guys can see better.
You're waiting for a you're waiting for a moving average crossover like this right and then see here. It was kind of dancing. I didn't, see the good support and resistance. Then i saw the rejection up high and it came back down.
Moving average crossover maintained that for 60 seconds tested, the 200 moving average rejected, so we went short again and then we had another moving average cross over here, which is why i went in again.
This is why you need the indicators to do the technical analysis, to do good estimations on what you think the price action is going to do, but yeah guys we are [ Music ]. We did a challenge: 513 dollars and 12 cents usdt in the matter of one hour from one usdt.
So if this is more than you guys make in a day, maybe you should consider trying this on a much smaller scale. Do not go as aggressive as i did. That is extremely reckless. Only risk two to three percent of your balance.
Then you can afford to lose 50 times and you & # 39. Ll still have a balance. You know what i mean before you're completely flattened out, so i hope you guys enjoyed this video. I hope you got some value out of it.
I hope you saw the potential of the money that you could make on this platform. Again. All of the links are in the description below i kind of have a little bit of hankering to bet all 500 usdt, but i'm, not going to do that because it's, not even an option on this platform.
The highest bet you can do is 200 usdt. So thank you guys for joining me today. Again, all the links are in the description below have fun good luck trading, and i hope that you win a lot of money.