MGS Trading_Bong

Hello everyone 🎉
Welcome to my personal blog – a place to share knowledge, experiences, and practical insights about the crypto market. I started participating in the market in 2019 and have gone through the most turbulent phases of the cryptocurrency market. This blog was created with the goal of helping the community access clear, transparent, and highly applicable information – from technical analysis, market psychology to risk management. If you are looking for a place to learn and stay updated on what is really happening in the crypto world, then you are in the right place.🥇
-Founder MGS Trading-

IMPORTANT ECONOMIC CALENDAR EVENTS THIS WEEK

📆 Date: 03/06/2025 | 00:00
🟡FED Chair Speech

📆 Date: 04/06/2025 | 19:15
🟡Non-Farm Employment Change [ADP]

📆 Date: 05/06/2025 | 19:30
🟡Initial Jobless Claims

📆 Date: 06/06/2025 | 19:30
🟡Average Hourly Earnings
🟡Non-Farm Employment Change
🟡Unemployment Rate

⚠️ Note: This is for informational purposes only and is not financial advice.

➡️ Follow MGS Trading's channels for more news updates

345 million USD liquidated within 60 minutes – a slap in the face for those who have dozed off at the peak ATH.

While the majority of the market is still lost in the dream of an uptrend, certain that $BTC will "to the moon" after breaking the old peak, the sudden dump is precisely the sweet trap for the euphoric.

People shout HODL, call for buy the dip, confidence spreads, FOMO rises high – and at that moment, complacency creeps in everywhere. Everyone thinks they will be the winner.

But crypto is unforgiving. Behind every hot surge is a trap that has been laid in advance.

Coin dump. Liquidation due to desperately holding onto losses hoping the price will recover. Capital evaporates. Wallets red as blood.

This is not an incident – this is the consequence.

The market always finds ways to extinguish excessive confidence. And the recent drop was just the first reminder: Never let your guard down in a place where the opposite scenario always exists.

The farce in the thinking and writing style of a part of Crypto KOLs:

When the market plunged $BTC down 5000–6000 in price, they claimed it was just a "slight adjustment", "gaining momentum for a new cycle". But as soon as the price rebounded 1000–1500 without confirming any sustainable upward structure — they immediately jumped up shouting "the uptrend has returned", "the altcoin season is coming", "a once-in-a-hundred-year opportunity"… as if they had never heard of the concept of pullback in a downtrend.

This way of thinking not only reflects a lack of understanding of basic technical analysis but also shows a lack of responsibility in leading the community. Unfortunately, there are still many who believe, listen, and then "fomo in" during what they call that "exciting uptrend".

They do not analyze — they tell stories. They do not forecast — they weave fantasies. And in a world where anyone can become an "expert" with just a few lines of caption, the truth seems to always come last.

🪙 $BTC has collapsed, as per the plan posted this week. The sound of slaps today probably echoes all the way back to the stupid comments from the beginning of the week.

Three days ago, I posted the plan for $BTC to reverse from the peak, and not a few brainless individuals jumped in to bite: 🙄
"To collapse, the price must at least sideway at the peak for a whole month. It's not just about wanting it to collapse."
"Such foolish analysis will only lead to long losses."
Even those failed traders considered "technical analysis in this market to be useless"?

🥱 I am too lazy to argue, as the results are the clearest answer. This market does not operate according to the logic of a few ignorant individuals who read silly conspiracy theories and then pretend to know.

The interesting thing is: those who analyze systematically remain silent and take profits. Meanwhile, those types only focus on finding ways to judge others to bring them down.

- Market analysis is not about guessing based on emotions, but a systematic logical framework. There, you must understand who the market wants to eliminate to avoid.
- And of course, successful people do not have time to find those who disagree with them to insult in order to satisfy their easily hurt egos.
Simply because you are the weak one in the market, you always seek ways to refute to cling to your own view. You fear losing to the market, fear being wrong in your view, so you have only one path: to undermine others to reinforce your own belief... truly pathetic.

➡️ Next time, before calling someone else stupid – make sure you are speaking with your brain, not with the screaming instincts of a peak-chaser.

Gold Done full tp Swing running for less than 24h

Entry1: 3324.5 ( 780pip )

Entry 2 : 3322 ( 760pip )

Entry 3 : 3309 ( 600pip)

SHORT BTC SCALP FULL TP +160pip

Is this week okay for everyone? Trade gold sl m15 TP H4. Today I achieved nearly 30R profit. Swing is still a very attractive trading style.

IMPORTANT ECONOMIC CALENDAR THIS WEEK🚀

📆 Date: 29/05/2025 | 1:00
🟡FOMC Minutes

📆 Date: 29/05/2025 | 19:30
🟡Quarterly GDP [GDP] Index
🟡Unemployment Claims

➡️ Follow MGS Trading channels for more news updates

UPDATE VIEW $BTC FOR THE UPCOMING TIME

Currently, after reaching a new peak, $BTC has not activated the fomo wave as anticipated. The RSI is currently below ema9 and ema45. EMA9 is trying to cut into ema45.

Resistance has formed around the 108k5 - 110k5 range. The two nearest support levels are around 105k7, further out at 100k and 90k.

In the case that BTC closes a daily candle below the 105k7 range, it will trigger a sell wave across the entire market. Additionally, as we are entering the end of May, the fear of "sell in May" is still present.

During the same period last year, after the meme wave ended, we also experienced a prolonged sell wave until the end of July - August.

On the H4 chart, a head and shoulders pattern is gradually forming.

=> In the coming months, we will focus on selling towards the support levels. Avoid catching altcoins until there are clear signals.

GOLD is currently in a clear uptrend; however, smaller time frames are showing signs of short-term adjustment. The two levels to consider for buying next week are 3346 and 3323. In the event that any H4 candle closes below 3323, we will look for a point to hold a sell swing. If the price breaks up, we will look for a buy point up to 3429 - 3500.

Gently 1 evening city both orders. Done 3000 price $BTC and 70 gold price 🤑

🆘 President Trump proposed a 50% tax on the European Union starting from June 1

Mr. Trump believes that the EU is very difficult to deal with and the U.S. needs to take strong action to protect domestic economic interests.

Trade war returns, BTC loses the $110K mark
___________________________________

Coincidentally, we called sell $BTC and buy Gold. Both orders have reached TP 😎

💵Still reliable, right guys. The plan has matched completely. Currently, $BTC is running at a price of 2000-2500.

Update strategy $BTC

Bitcoin is now approaching the end of the wedge pattern – a critical area for the major trend in late May and early June.

In terms of momentum indicators, the RSI is above MA9 and MA45, reflecting that buying pressure is dominant. If BTC breaks out of the wedge boundary, it is highly likely to target levels of 105K – 108K in the short term.

However, it is important to note: the final wedge boundary often experiences 'shakeouts' at both ends (fake breakout) to confuse the market before choosing a real direction. Therefore, reducing the volume of futures orders, prioritizing observation, and waiting for confirmation signals will be a safer and more effective strategy during this period.

Update trading strategy (Gold) for the new week

Gold continues to maintain a clear downtrend, as the price just touched the H1 resistance area and broke the short-term upward trendline. RSI is below both MA9 and MA45, confirming the weakening momentum of buying power.

Preferred strategy: Sell according to the main trend.
Nice sell zone: 3212 – 3216, stop loss at 3220, profit targets at the support areas: 3176 – 3138 – 3000.

Strictly adhere to SL, prioritize swing orders on larger frames.

IMPORTANT ECONOMIC CALENDAR THIS WEEK

📆 Date: 22/05/2025 | 19:30
🟡 Unemployment Claims

📆 Date: 22/05/2025 | 20:45
🟡 Flash Manufacturing PMI
🟡 Flash Services PMI

⚠️ Note: This is for informational purposes only and is not financial advice.
$BTC $ETH $SOL

16/5
At the end of the day, the market still favored with an additional 150 pips. Done 2R

16/5
💵Official notification of loss of order. Because it has reached FULL TP💵
+380pip done nearly 5R 👏

16/5
Trade gold. Make a little money to buy sticky rice for breakfast. +200pip done 2.5R.

15/5
Sell stop changed to buy market, additional 210 pips done FULL TP + 3R

Another day of successful trading done 2.5R gold orders. Full TP +180pip