BITCOIN REJECTED AT RESISTANCE: I CLOSED TRADES & HELD NVIDIA + GOOGLE

Added: 2026-05-18

[00:00:03]Good morning, gurus. Welcome to another episode. I hope you're having a beautiful day. Bitcoin just had a big drop. Um I closed my Bitcoin trade for 10K profits at 80 almost 81 82 and now it's dropped to 77. Unfortunately, I opened too soon. I um built my Bitcoin position too much. Uh my Ethereum trade activated on the drop as well. It went to 2, um 160. it activated and then bounced and I closed half of it. Um, I'm not so bullish on Ethereum this time. Nothing really being built in my opinion from Ethereum side. Fees are getting lower.

[00:00:40]Everyone's using BSC now and um and other chains. So, I'm not so bullish Ethereum. We'll jump into Bitcoin. I'll look at my Bitcoin trade. I'll look at my small Ethereum trade. I closed half of it slightly in a loss. And then we'll look at tech stocks, the NASDAQ, and the main tech stocks because those are my biggest holdings. My biggest holdings being Bitcoin, Nvidia, h sorry, uh Google, Nvidia, Apple, Tesla, building position in Tesla. Bitcoin building position in Bitcoin as it comes down. I closed my trades at 82K in 10k profit, but it already dropped a little bit. And um I'll build Ethereum, but a small position, and I have small positions in Ton and Uni. Hit the subscribe button, smash that thumbs up and turn on the bell if you make money from me. Push messages of peace. Protect the nature, the trees, the animals, the people. Love you all. Let's jump into technicals for Bitcoin. Now, we're going into the technicals and you can see we had quite a drop, but already reset actually. Bitcoin down to 77K.

[00:01:48]You can see Bitcoin coming down on the weekly.

[00:01:52]Um, Bitcoin got exactly rejected on the place that I was warning about this bare flag. We get, we tried to break out. It looked like it was going to break out, but it faked out everyone. Had a big drop. Bitcoin was down 52% from the all-time high and then had a bounce from the low, which we managed to catch most of it. We we got a bounce of around 37%. And now you can see it's getting rejected there exactly as the weekly was overbought. That's why I closed the trade. the unfortunately I built the trade too quickly back on the daily we're very oversold now first support you can see at 75 second support 70 third p support 65 fourth 59 so that's where I have trades ladded down on bitcoin over on buy bit I've got trades bitcoin dropping below 76 unfortunately when I closed my 10k trade profit at 80k at 81k I activated ated a new one a few days later at 80K and then we dropped then another order activated at 78K and now we're falling further. Next order coming up. Uh my Bitcoin trade is now 5,900 in the negative. So I gave back all those gains that I made um by buying back too soon. I should have trusted my technicals, waited for that bare flag to play out and if it does play out it could get much more brutal. Um, next order at 76, but I will modify this to se I'm going to modify it to the orders that I just showed you on the technicals. So 75, 70, and 65.

[00:03:28]That's where I'm going to modify orders.

[00:03:30]75, 75, 70, and 65.

[00:03:45]So now I've got three Bitcoin orders 75, 70, and 65 laded down.

[00:03:55]Unfortunately, Bitcoin is still dropping.

[00:03:58]I closed this trade in 10K profits here, but I opened too soon after the drop and then the bounce. I thought Bitcoin was going to break out and that the bare flag was nullified and that resistance was going to break out, but then it got it got rejected here. went to 70 82 then dropped to 878 then dropped to 76. So quite a big drop actually in the last few days. So next orders will be at 75 70 and 65. This 1.5 Bitcoin it's $115,000 trade. It's now down 6,000 after this drop. Quite a big drop very quickly. We held for a long time and then had such a 7% drop out of nowhere.

[00:04:38]Um when Trump went to China after that I was expecting the market to turn bullish that they're going to make some cool agreement or something and then we just had big drop on Bitcoin 76700.

[00:04:50]My Ethereum trade also having a big drop. Um I it bought some you can see here when it dropped it activated some of the trade at 282 and then I closed it when it got a bit of a bounce and I closed half of it. I'm just not that bullish on Ethereum. Ton also got a big bounce. We had Ton, we had um 30,000 in $33,000 in Ton and then it was up, it's up $10,500, but it was up $30,000. So, it gave back 20,000 of those gains um as it pulled back.

[00:05:22]Unfortunately, the market not looking so good. Let's go into the technicals. So, Bitcoin looks like it's dropping. If it pulls back to the quite a big drop very soon with no news actually but triple top was clear triple top here on the daily. You can see it more closely on the 4hourly. There was a clear triple top lower highs each time. You see that it's 82 then 82 300 then 82. So triple top lower highs each time. Since that top it's already dropped 7%.

[00:05:54]Unfortunately giving back a lot of the gains that I made on that trade up.

[00:05:59]um where I'll activate trades 74. But you can see the main point is here on the trend line. This is the main spot to activate off this trend line. If the bare flag doesn't play out, if this bare flag fractal plays out, it could get much worse. Actually, you can see here there's a two two bare flags. If this fractal plays out, it would not be good for Bitcoin.

[00:06:23]On the 4hourly dropping on the daily, we're already oversold. On the weekly, we're still overbought. um very quickly giving back its gain. So most likely it is going to come down to 70K and I have 1.5 Bitcoin. If it drops to 70K 7, it'll be almost a 10K drop.

[00:06:46]I could reduce some of my position here and add more if it pulls back at 75.

[00:06:57]I'm going to do that. I'm going to cut these trades in half.

[00:07:03]I just don't see it bouncing that much.

[00:07:06]So, I cut my Bitcoin trade and my Ethereum trade in half. I already closed half of my Ethereum trade just before.

[00:07:12]So, now I've got 75 Bitcoin. Next order down is at 75.

[00:07:18]And I'm going to let that play play out.

[00:07:21]The market is just in my opinion not that strong on Bitcoin and Ethereum and all coins especially. Same with TON. I could close out that TON position for profits.

[00:07:32]We got a bounce and then it just gave back. It went to $3 and then it gave back majority of it. We had 160% bounce and then just in a few days it gave back all the gains that it made. Looks like it's just fading it all back down.

[00:07:45]Crypto market is a little bit [ __ ] 2 point not really strong in the moment.

[00:07:51]H on the 4hourly it's heading up. On the daily Tony's oversold on the weekly it was just starting but it gave back a lot of its gains. It looks like it was an artificial move. So then it could even come back all the way to A120. So I'm going to close out half of that TON position and set buyers lower.

[00:08:16]I'll sell half of this ton position at the current price.

[00:08:25]Closed.

[00:08:32]I closed half that TON position. So now I've got 21,000 in TON. I'm going to close another half actually, I think, cuz it does look like it's just giving back its gains.

[00:08:47]So, I'm going to close another half. So, I've reduced my TON position from um 44,000 down to 10,000.

[00:08:56]Same I'm going to do for unis swap.

[00:09:01]Just looks weak. Even when we had a little bit of a move, it just gave it all back. I'm going to cut half of my position of unis swap and then I'm going to set buyers for unis swap at $3 cuz it looks like it could easily retest this again $280. Not much of a drop from where we are right now.

[00:09:30]Then I'll buy $10,000 of unis swap at $280.

[00:09:44]I didn't close all my position just closed. So now my unis swap position is 17,000 and my ton position.

[00:09:53]I want to also I closed um I went from 43k down to 10k.

[00:10:00]So I'm going to reduce this a little bit ton position. It would have been better to close up there. We were 30k in profits and I'm going to reby ton before this pump. I think it's going to fade it all back. Looks like it's fading back this position. So, I'm going to be re-bying tong here and I'll buy 15,000 at 110.

[00:10:26]Looks like it's fading it back. And Bitcoin, my next orders on Bitcoin are 75, 70, and 65 as we added.

[00:10:34]Unfortunately, I I made, if you watched my account this month, past 7 days went from 390 to 357. Last month, from 341 to 390. I nearly gave it all back. Still up 16K this month, but I was up 40k this month. 48 47K this month. So, it gave it back on on those trades the last 3 months from 250 up still 100k. Um, but giving back those recent gains.

[00:11:01]Unfortunately, even though I closed Bitcoin exactly at the top before the drop, I did perfectly. I just bought back to I got tricked out here with this drop and then bounce and then I rebought here.

[00:11:14]Let's see how it plays out. My next buy is 75,70 and 65. Let's go into my bigger positions now. I want to monitor Google and Nvidia because those are the big ones. Um Google on the weekly overbought. Now time to buy, it's always like this. Time to buy is when the weekly is oversold down here. That was the time to buy when we were buying last month and now it made 47% gains. When it's oversold, that's the time to buy.

[00:11:40]When it's overbought, that's the time to sell in my opinion. But Google can stay overbought for quite a while. It usually stays overbought, Google, but I wouldn't be buying more here. But it usually stays overbought. It was overbought from um May to January, so 6 months. Here it was overbought from October to January, 4 months, 5 months.

[00:12:02]Here it was overbought from March to July, so 3 months. So it does stay a few months in overbought. On the weekly, it's still heading up. On the daily, we made 47% um since we bought the bottom one month ago. On the 30th of March, 31st of March, it's made 47%. It made a double top here. You can see double top on the daily on Google. On the 4hourly also you can see double top H.

[00:12:32]On the 4hourly, it's overbought. On the daily, it's overbought. On the monthly, it's over. On the weekly, it's also overbought after a 47% gain. It could give back some of these gains. However, the PE ratio is still quite good on Google.

[00:12:48]Um, PE ratio is still only 30 times Pure P ratio. The golden ratio 20. So, 30 times is not bad actually for the massive revenue that they're making. So, I'm going to let Google keep running.

[00:12:59]Once it gets to 40 times, I'm going to trim it back. But, we could have a bit of a pullback here um just based off that double top. But it looks okay.

[00:13:08]Let's look at Apple. My second biggest holding 300, new alltime high for Apple.

[00:13:12]And since we bought it, Since we bought it 1 month ago, we're up 20%.

[00:13:18]Since I bought it, I added more on March 20. And if you followed my buys one year ago, we were up.

[00:13:28]It doesn't matter. But on the monthly, it's heading up. On the weekly, it's overbought. On the daily, overbought as well. P ratio for Apple is still good as well. P ratio 36 times quite close to the golden ratio and massive revenue.

[00:13:43]So, I'm going to keep that. Let's look at Nvidia. My second biggest holding after Google 225 also new all-time high up 38% since we bought it on the 2nd of April. So, a bit more than a month, but it already gave back a little bit. It already dropped 7%.

[00:14:01]You can see exactly at that resistance line. Look at that trend line. This trend line goes back to since 2024. And you can see it's exactly hit the top of that trend line, that resistance. Since we bought it in April, in the last year, it's up 160%.

[00:14:19]Since we bought it 1 month ago, 31% gave back a bit of those gains. Double top on the weekly, overbought as well.

[00:14:28]Overbought on the weekly on the 4hourly also overbought and heading down.

[00:14:35]H P ratio this is the AI play on Nvidia. P ratio 48. So the P ratio is very high for Nvidia. Um but their growth their annual growth is massive. So it could justify this H but clearly at resistance there support would be forming I would say here now at 193 164 let's look at the NASDAQ and see what the NASDAQ is saying which is the overall um of all the assets on the NASDAQ it's like shot up NASDAQ gone explosive up 26% since that low recently Um on the weekly still looks like a bull flag that's breaking out.

[00:15:26]Broke out already that now it's price finding. We don't know how high but there is a target of 29K.

[00:15:32]It is overbought though on the weekly.

[00:15:34]On the monthly it is overbought on the daily it is overbought and turning down.

[00:15:39]So not the best time to be buying. It's better to be taking profits when it's overbought on the weekly. Let's look at total market cap of all cryptos.

[00:15:47]Pullback. large pullback the last few days on on the last week it gave back all the gains. We had like two weeks of gains and then this last week just gave it all back in one day in one week from 2.7 to 2.5 trillion. Looks like a bare flag again major support I would say has formed. We have one big support at 2.4 4 trillion 2 trillion we have big resistance form now at at 3 trillion we have a big resistance we have support at 2 trillion and 1 point I would say we have big support here at 1.7 trillion does look like a bare flag though so I think it could easy come back that would drop another 500 billion which would be 25% to the crypto markets, meaning Bitcoin could have a big drop. Let's see how it plays out. Those are my updated.

[00:16:49]I made a lot of updated trades. I could take profit on Google as well and then set buy orders down. Very possible um just to go into cash. I'll look at it today, but it is still quite good, but the PE ratio has doubled um since I bought it one month ago. I closed some positions in Bitcoin and Ethereum, Ton, and Uni. I reduced positions as well, and I set buy orders down. Um, join everyone in the elite traders group.

[00:17:14]Grock 420 successful short on silver and chatbt 5.5 successful short on silver as well. Um, 4% and 2% and Claude Opus 4.5 just went short on Bitcoin which is interesting. All the links are down below under the video. Um, buy a bit main exchange. I trade 30K bonus, WEX, $200 bonus, KYC free for a lot of countries. Free Telegram, and the elite traders telegram, which is beautiful.

[00:17:42]Let's read some of your comments.

[00:17:47]Rule number one, why I'm doing this is cuz I want to protect my gains. I don't want to give it all back. Like I just did with this Bitcoin trade. I gave back the gains of the week. I don't want to do that with Google. Um, compounding capital discipline over hype. Thanks for keeping it grounded, safe, and profitable. Happy Sunday. Thank you.

[00:18:02]Thank you. Well, good morning. Look at book I don't know. Best channel on YouTube. Real charts, real trades, no hype. And a great message of peace at the end. Thank you, Alexa. Um, that's my updates on the market, everyone. Protect your capital. Rule number one by Warren Buffett. Protect your capital. Rule number two. Don't forget rule number one. I might take profits or reduce my positions in Google in Nvidia, but they are the top runners. It is the AI play.

[00:18:27]Um, so I'm not in a rush to do that.

[00:18:29]Google also invested in SpaceX in Enthropic. So did Nvidia. So those are the two hottest stocks and they are doing really good. I don't really cut my runners when they're running. Um when they're price finding new all-time highs, so I'll wait it out. They're good investments. They're making massive revenues. Bitcoin I reduce position.

[00:18:46]Ethereum I reduce position. Bitcoin I will build it as it pulls back. Love you all. Have an amazing day. Hit the subscribe button. Smash that thumbs up and turn the bell. If you have any questions, let me know down below. Have an amazing day and I'll see you all again tomorrow.