"GTC - Good Trading Calls" Telegram Channel

"GTC - Good Trading Calls" Telegram Channel

Channel address: @gtc_good_trading_calls
Categories: Cryptocurrencies
Language: English
Country: Not set
Number Of Subscribers: 518 (Update date: 2021-05-18)
Description from channel

Trading is a Profession.

Usually Daily BTC Insights
Sometimes Alts Trade Set-up

PA Trader, At times post some useful experience

Contact - @GTCAdmin_Bot

Transitions to the channel: 0 ( 41 )

The latest Messages

2021-02-09 12:26:31 Imagine When Elon dump you all ?

He gotta take the profits right ?
732 viewsShawn
Open / Comment
2021-02-09 07:43:30 Bitcoin Weekly Update Price action is in a Trading Range. It is likely we have completed the Bull Leg inside TR. We broke below Bull TD. Selling Pressure is not convincing for Bear Trend yet but first reversal would be minor. Expecting this first reversal…
742 viewsShawn
Open / Comment
2021-02-09 07:39:14 Bitcoin Update

After Surprise or Failed Wedge top yesterday,

I updated to have Two Legs up.

Two Legs up have been completed. Price rallied up in Tight Channel only. If we see some extended TR then Either Buy the BO of that Tight Trading Range or Buy From Double Bottoms, Nested Wedges .

It will be an easy day If you focus to trade the Breakouts than focusing on picking the Buy Set-Ups from Low. (Mainly for Beginners)

https://www.tradingview.com/chart/BTCUSDT/MX1LAqOl-Bitcoin-Daily-Update/
531 viewsShawn
Open / Comment
2021-02-08 15:54:43 Bitcoin Daily Update Price is in Broad Bear Channel. Two Legs Down Completed. LH & LL. Price action is of a trading range, overlapping bars, wick below bear and above bull bars. Not a trending characteristic of market. Two sided trading is going on. Bears…
378 viewsShawn, edited  
Open / Comment
2021-02-08 08:40:02 Monday Looks motivated

Coffee Set. Feeling good. Calm. Stable. Journal Revised.
Plans Made. Updated. Risk Managed.

Execution Left.
338 viewsShawn
Open / Comment
2021-02-08 08:38:45 Bitcoin Daily Update

Price is in Broad Bear Channel.
Two Legs Down Completed. LH & LL.

Price action is of a trading range, overlapping bars, wick below bear and above bull bars. Not a trending characteristic of market.
Two sided trading is going on. Bears and Bull are making money in agreement.

What I expect Today

I believe, It is quite less likely to see price going above Today's Open or Breaking above Bear Trendline. The Max it might test is that PO,39320 which can be Range High area.

I think, If we fail to go above Bear TD then very likely to see price going below Swing Low, 37440 or test Friday Open, 36980. Basically, Price might find buying from the Area around Friday Open which is also Support of Bear TD.

Make sure, you are not trapped by trading in the middle of the trading range. There will be convincing bars but in trading range most fade out on next bar only.
Be Cautious.

https://www.tradingview.com/chart/BTCUSDT/kX2aGgRW-Bitcoin-Daily-Update/
316 viewsShawn
Open / Comment
2021-02-08 08:38:23 Bitcoin Weekly Update

Price action is in a Trading Range. It is likely we have completed the Bull Leg inside TR.

We broke below Bull TD. Selling Pressure is not convincing for Bear Trend yet but first reversal would be minor. Expecting this first reversal to end around 36810 but not sure of it, it can test it or not. It does not matter at all.

There would be a Bull Trend Resumption around Range High. Not sure of the fact that it will be Higher High Major Trend Reversal, HH MTR or Lower High Major Trend Reversal, LH MTR.

We Sell High and Buy Low in TR. Wait for the failure of Bull Trend Resumption around the Range High, then only take a short. Currently, Bulls will be looking to buy from end of first bear reversal, betting on trend resumption. They will be most likely be scalping and taking profit around Range High.

What am I Expecting This Week

Price will be testing more lower, may that bear leg end today or tomorrow also. There can be a buying pressure from that lower and this bull rally would be strong on LTFs. End of week would give the insight of weakening of that Bull Trend Resumption Rally.

https://www.tradingview.com/chart/BTCUSD/evZz2cKd-Bitcoin-Weekly-Update/
235 viewsShawn
Open / Comment
2021-02-07 19:02:32 What is the Best Psychology Book?

According to me, There is no book. You suffer. Suffer a lot. You then try solutions. Solutions fails. Try new ones. Again fail. Realisation occurs. You look for othets like you. You listen to them. You feel good. Confident. You again make your own mantra. That is how you write best psychology book. ‘Best’ is a subjective word. Varies one to another.

Tip : Do the above mentioned. Listen to Podcasts. “Chat with Traders” Real traders, coaches.

Guess what, all this might not work you. So you make your own working and then fail at it. Eventually, You ll
Learn it.
208 viewsShawn
Open / Comment
2021-02-06 08:46:09 Bitcoin Update

What happened Yesterday
As explained yesterday that price is in a range. Buy Low and Sell High in a Range.
Second Update was to tell you that bull rally is weak and is likely to give Bear scalp than swing.
It tested the PO and Double Bottom Set-up, Bears took profit here and Bulls buy after confirmation.
There was a surprise as Bears expected Wedge to be another Bear Entry but a good Bull bar closing on its High gave them a surprise and Bull broke above the Range and thus two legs up.

What I am expecting Today
For Today, We are seeing resistance currently. Price has a failed breakout above Bull Flag and making me think it is a Final Flag and thus bears will be selling from the Resistance, You can see a short set-up when bulls fail to resume the trend.
It is likely that we might test TO again. That test will give us more information if we are going to see lower prices or trend resumption.

We are rallying with any bar testing or going below the Low of Daily Candle. We had Doji (day before yesterday), Bull Inside Bar (yesterday). Today or tomorrow might give us the Bear day, Price going below PO.

https://www.tradingview.com/chart/BTCUSDT/IkVbaHz1-Bitcoin-Daily-Update/
234 viewsShawn
Open / Comment
2021-02-05 18:06:28 Bitcoin Update Price closed near to the Previous Open (PO). So as updated it was a range day. Today's Open is also weak, Two side trading so basically signal range type price action today also. PO will serve as Resistance for now. Price should break above…
173 viewsShawn
Open / Comment
2021-02-05 11:38:40 When you feel complex,

Take a Break - Drink a Beer or Have Sex
Reset the Chart
Analyse it Again

You are good to go now.
160 viewsShawn
Open / Comment
2021-02-05 08:00:22 Bitcoin Update

Price closed near to the Previous Open (PO). So as updated it was a range day.

Today's Open is also weak, Two side trading so basically signal range type price action today also.
PO will serve as Resistance for now. Price should break above in order to test Range High or Previous High (PH)
If price fails to break the PO then expect test to range low, Previous Low (PL).

Basically, look to buy from Range Low and Sell from Range High. Avoid trading in middle of the range if you are beginner. You will be trapped easily.

https://www.tradingview.com/chart/BTCUSDT/cl0p1Zrl-Bitcoin-Daily-Update/
154 viewsShawn, edited  
Open / Comment