In technical analysis, traders identify key support and resistance levels such as VWAP (Volume Weighted Average Price), order blocks, and points of control to make informed trading decisions; when price breaks past these levels and retests, it creates potential entry points, while the stiletto double bottom pattern can indicate reversal opportunities with stacked liquidity above, and traders should watch for confluence of multiple technical indicators to confirm market direction.
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Deep Dive
Live Bitcoin Analysis & Giveaway
Added:Woke up late.
Last night I break out. Now I'm broke, not broken yet.
I won't forget coins and sh jets now my heart reload again.
Keep rolling.
It all breaks gasispats.
No regrets.
chaos again and AGAIN burning to The lights go out a fight and I'm down with the glass gas all again.
screenfolkeen I die.
Crypto dreams.
Now I'm left with my soul.
>> Good morning, guys.
Who we got here? We got Coma here first.
Big surprise. So, we got Sterling, Keane, Bean, Wayne, uh, Christian or Christine, Ramis, Uncle got Alex of Crypto here. What's up, bro?
Uh, comment giveaway or Bitcoin. Um, we're Yeah, you can comment the word uh giveaway. It's not It gets confusing when you keep spamming Bitcoin. I realized that last time because I keep thinking that, okay, these people want me to look at Bitcoin. Look at Bitcoin.
Look at Bitcoin. Look at Bitcoin.
Um, uh, Brew and Piper and Kyle Stars.
That's pretty cool. That's a good schedule.
Uh, is Alex with Cryptos live? Is it before Brew or at the same time?
Uh, Jason, what's up, man?
RP, you guys got like a 24/7 service here that buy bit USD took the high. Okay.
Yeah, the USD chart's a little bit less liquid in terms of its movements. It's more blocky and um a lot less volume on it.
On Friday, everyone has a chance to win.
Everyone has a chance to win the client funding account. Um, but everything else is like members only. So you can win like a $5,000 account to client funding.
So just by typing the word giveaway, you get like a a ballot entry.
Greetings from Turkey. What's up, man?
Bruce starts near the end of Alexo, then Alexo goes to Discord.
Yeah, it's the opposite in our side. I start in the Discord, then I go into the YouTube live.
Karma tokens no longer being given away to uh Hey, John. Yeah, Karma tokens no longer being given away to uh YouTube commenters because of the bots. The bots are out of hand. Insane. we'd have like oh yeah 200 bot requ like um inputs in the thing is not fair and I know that's all that that they're really after they're after the quick buck. They don't care about uh the other stuff because they they won't be able to utilize the prop funding account because they don't know how to trade and um all other fun stuff.
And we will soon have giveaways for Investor Share merch. We're just Yeah, we're almost there. I Yeah, getting the store set up itself and testing the products and making sure all that stuff is good was like easy, but all the documentation they keep asking for is I I was surprised by that.
I thought it was just plug and play.
Uh but anyways, get to the Bitcoin price action before we get into the giveaway there. Uh we have we had a decent move today despite it being a pretty sure it's a bank holiday today. Um we had a decent move today. We had a retest to momentum. Let me just get this VWAP settings adjusted so it's less noise here.
A pretty obvious play here. U depending on how you were waiting for it. We had a this momentum break here, broke past retested VWAP. The VWOP was an opportunity for an entry. Um when you got in an area of confidence like the 15minute candle was um a decent buy shadow wick. The follow-up candle, if you were waiting for the follow-up candle, was way too steep for an entry.
If you're waiting for orb, it was way too steep for an entry. Uh five minute and we had a retest. A lot of people would bank on it getting back above this dogee before finding it being safe and then targeting this high. So this high is a make it or break it moment, right?
Because if we get support off of here, which we're trying to do off the confluence of the 250day point of control and the orb high.
So a higher high close on the five minute which gives us that break of structure for a continuation. If we get that continuation then the move up isn't going to be really um significant from here. I can see us definitely hitting our head off of this supply zone and this previous area high or sorry our local valley area high and this momentum. So, we have like three forms of confluence warning us that if we do get the continuation that we're going to hit our head here.
Um, this momentum comes from the wick towick uptrending momentum from the val from the the low of 59K.
Right? Yesterday, we are looking at potentially seeing it act as support. We had an SFP where we have this current break of structure, our boss line here.
This was our SFP that we're watching.
But uh when you're when we're dissecting this, we couldn't find any strength in it. Right. Right. So, this is the confirming candle right here. Waiting on the following candle to at least give us a body close above this. Um but instead we closed we closed lower and then we had the official invalidation on this candle. Found like maybe 10 15 minutes of support off this PC and then ended up using as resistance which also was a fiveminute order block.
So that was a good stage to be built for a potential reversal structure. We had this uh stiletto type double bottom. These ones are great, right? When you see this V-shaped recovery and a slow crawl down, it stacks a lot of liquidity above us.
So they statistically break to the upside to at least bring you here, right? And then this is about finding out whether or not we get the continuation.
And if we get the reversal instead, yeah, we're kind of waiting on like one of two things. Preferably, we sweep this high and then close back in the range, right? Basically, close back below this wick, right? Because that will give us the best RNR. If we frontr run it like we currently are right now, we could still come up there and grab it.
If we front run it, we'd have to wait for a close below this low for us to have like the the confidence that we're going to be going down lower. And unfortunately, that won't come with good RNR, right? We'll be looking at something like this to our first barrier, which is the VWOP and the or low. But you could have a target potential extension down to the the local low where we have like a 15minute order block right here.
So yeah, I would have your short goggles on, but all it will take is a full body candle close above here to invalidate that and then be looking for shorts up here.
We had a 15minute SFP so far and like we're trying right now it's trying to potentially invalidate that or staircase the move up higher.
So watching the five minute to find out whether or not we have that position of strength is a good idea.
Um zooming out on this though like bigger picture, Bitcoin got acceptance back inside this 8day valley area right here. Um, so after we got the acceptance from the break structure leading into it and we're using like the 250day point of control as resistance, now we could lead ourselves down to the valley area low. Normally when we get acceptance into a valley area, we get a full rotation to the opposite side of it while watching like what are the barriers that could prevent you from getting there. And right now we're bouncing off this like little internal demand that helped us run up here the first time and now we're coming here using as support.
Uh the bottom side of this demand zone is awfully close to this point of control. It's like volume shelf uh ceiling here.
So that if we get a close blow here, we still have to kind of watch how this will likely give us a bounce reaction to retest the previous lows and then get down to the like 61 180. Again, we had lots of liquidity down here. So I wouldn't be surprised if we got that full rotation.
I'm really really banking on us taking this low at some point so we can evolve our daily structure. So this becomes the daily strong high and that will coordinate really well with onchain analytics to help us call the absolute bottom of this like bare market drop from 126k area.
So massive swing trade coming soon. It could be 30 days from now. It could be 60 days from now. But I'm getting ready for it.
Yeah, it's a dogee potential engulfing candle on the five.
What we have in the chat?
Cal, come help me move my desk and set up. Oh, yeah. Oh, you're moving now, eh?
That's brutal.
It's kind of exciting though, like getting it all set up and stuff. It's a pain in the butt, but I'm excited for you, bro. Yeah. Finally getting uh the house, getting your keys.
One of our coaches, Brian, just got a house, too.
He's I think the closing date's on the we're on the 20 something 26th for him.
You get like, I don't know, 50% more gray hairs going through that process. Once the keys in your hands though, like it's it's so much better.
You don't feel that stress anymore.
Anyone shorting this a little bit front runny, just beware. We got the dogey engulfing candle off the top here that could lead us back down to these local lows.
Bitcoin percentage supply and profit and loss.
Take a look at this.
See what our last update is. 49.85% 85%.
So now we are again officially in this green box zone where you should be preparing to accumulate Bitcoin, right?
Historically has given us the best opportunities in the history of Bitcoin and we're there again. Uh last price tag 62,880 when the supply like only 49.85% of supply was being held in a profit. We can go lower, right?
But uh we got to anticipate front runs.
I can't I don't really see us going further down than 40%.
And that price tag estimate is around like 55K.
Still waiting on the SFP.
Let's update this. We'll go from here to here.
All right, let's jump in the giveaway.
Um, let's go over XLM. XLM is another asset that I'm preparing to accumulate for a long-term hold. Um, we're watching it hit its head off of this valley area low yesterday. We're waiting on a break below 2352.
Kind of drew I guess it's kind of ugly pathing, but yep, we're looking for a break retest and then come back down to this Pruce Valerie high, which is essentially what we drew before.
Um, so so far so good, but we're at an area of interest where we could find support for a move back up.
We're not doing too great. We're at uh we have internal supply here.
A 15-minute order block within it.
So if we do get that continuation, we have to beat VWAP first and we'll look for resistance here.
Again, if we get acceptance into this valley area by losing this low right here and then having a break of structure after taking that low, we're looking for a rotation down to honestly not that much further down. So, I'm preparing for accumulation around like 20 cents because of the 200 EMA uptrending momentum, 50-day EMA. So, we're trying to get that golden cross. Uh, we have a point of control here as well. So, honestly, around this area, depending on how price action performs, I might be buying some star lumens for a long-term hold here.
Uh I did a post yesterday on like the list of assets that I'm be looking for accumulating and what kind of percentage uh growth you could get if they were to reach their all-time highs, but that's based on all-time high targeting. Uh not always a healthy way of targeting. You got to see if that asset has inflationary uh tokconomics. You know, see if the uh they have newly formed competition.
a lot of variables that could prevent us from hitting alltime highs again. But so you'd be watching key levels along the way that could dictate your exit.
And Stellar limit is one of the ones that I'm looking at because they're going to be them and XRP are going to be helping facilitate transactions for deals of tokenization of stocks.
Um so lumens is what I'm watching. the chain link. Looking at link, another one that's going to probably be my second largest bag next to Bitcoin.
Um, looking to accumulate it at like starting around $7.50.
We're at like a volume shelf low, like a floor of volume shelf in confluence with the 525day previous value high. So, we could find support here. Um, I have about 1,200 link right now, but I'm looking to buy more between here and 17 or $7.17 and $7.50 where this local valley area low is.
It moves really tightly with Bitcoin.
Uh, right now it has a little bit of relative strength, but um, yeah. So, if Bitcoin fails and loses its local low here at 622, Link is likely going to follow and head down to like $7.50.
And that's where I'm preparing for accumulation again.
my current average of that 1,200. It's all house money right now because I've already taken profits, but uh my current average is like $7.56 on it for like my long-term portfolio.
I'm aiming for about 30 bucks on that.
It's about a 3x Yeah, we still got the code free month if you guys want to use it.
We're running out of it though. It's beer Mike. Bitcoin USD swept the high.
BTC USDT did not. uh bearded. What I'd recommend doing, man, is focusing on a chart where there's the most amount of trade participants, right? And USDT has the most amount of trade participants. The BTC USD chart I they'll it'll have like sometimes lead breaks or front runs all the time.
One really good way of identifying which charts being listened to the most is seeing like, okay, maybe Bitcoin USD chart has a change of character that the USDT chart does not, right?
But is there volume on the USD chart that dictates that there are trade participants that are listening to that?
Um, and you'll find way more often than not that most of the volume coincides with the USDT market structure.
So, I'd recommend focusing on USDT, not the USD chart. The USD chart, yeah, for macro it might be nice because sometimes they have it has more candles. Like for example, um when it comes to macro vision, you'll find me using the USD chart for bigger macro analysis.
For example, uh let's see golden accumulation chart.
I use the Bitcoin USD chart because allows me to see more candles, right? I can see the beginning of the asset in that time.
Right. So, it's it's a matter of what you're using the charts for.
Right. This is one of my favorite charts for knowing when to prepare to buy Bitcoin.
And we're in that golden accumulation zone right now as we speak.
Every time this is called the best time to buy Bitcoin throughout the entire history.
And we're there now.
Doesn't mean we can't go lower, but we're there now.
Um, what if we already an investor? Can we get the free month applied? Uh, it won't work that way. No, unfortunately.
Happy to throw a discount on there for you though if you guys reach out to me.
Like Teachable has like limitations of what I can do. That's all.
Kingdom Capital, what's up, man?
Um, a lot of people jumping into the giveaway.
Looks like we're getting that descending double top front running that sweep.
We got our first like five minute full body candle close since it's bounced like back below the 250day point of control. Getting a orb of acceptance and break below this low will give us a bearish flip. Not a bearish change of character, but a bearish flip. Our change of character doesn't occur until we take down this low which is really steep even for the five minute.
Anyone who's in an existing short we need to see a close below this wick. A close below this wick will give you that extension down to VWOP or below. If we break below here, then be looking at 525 or 625, sorry, a 15m minute order block here.
This could be a good front run, too, for a continuation of like a more macro continuation if we close below here. But we're leading into the weekend. So statistically, we're more likely to range for a boring amount of time.
Sunday, sometimes from the weekly close, we have this like high volume event, but normally, you know, Fridays around the Tokyo session and leading into the end of Saturday, it's really rangy and boring.
No more car chasing hill. Sorry.
Okay, we can do the giveaway now though, guys.
So, what we're giving away right now, uh, first giveaway we'll do, we got $2,000 for Bitex. Oh, sorry, $1,000 for BitX. Uh, 2,000 per week. So, we got $1,000 for BitX.
uh up to three winners of 500 and 300 and 200.
We're going to give away karma with $25 worth of karma.
And we're going to give away um a $5,000 account to client funding.
All right. Uh, let's do let's do the [ __ ] necket giveaway first and then we'll do these guys here. I do two separate systems for this. Um, we'll get the uh make sure that the giveaway system's working.
Yeah, got lots of tickets in here. Geez, guys.
Um, go to draw page.
All right, that one's ready.
All right, cool. So, first winner for $500.
Let's draw now.
Uh, Proton Mail. Oh, is this Sterling?
Did Sterling just win? I recommend the first I recognize the M US here.
Yeah, Sunny won twice yesterday. It's nice getting the a message from the people who won just so I know exactly what the the names of the people. Um, I did learn more about this giveaway though, guys. Um, it is great that you're getting the money, of course, but it's you have to you have seven days to claim it and then you have seven days to use it after you claim it. Uh, so just be aware that you can use it to help cover fees or you can use it to help amplify your volume in your trades.
Um but I think Sterling won this one.
Um so we'll give away.
Okay.
Control arr c us at uh proton.
I might be wrong. I don't I don't want to get too excited, Sterling, but that just looks like your email. All right, so we'll close that one. Next draw, $300.
Makes me feel like this bingo kind of style.
Okay. What the heck? All right. Uh, two wins. Looks like the same email.
This happened last time too at two winners same email draw now.
All right, this looks like a different ID.
uh ATN.
Congrats, man.
Hannah at Gmail got $200.
All right. Now for the we'll do uh the five. It's Friday, so we do the $5,000 account to climb funding next. We just type that up here really quick.
All right.
Winner is CD Kushman member.
Uh, awesome.
Oh, you changed your handle there, bro.
Congrats question. He's been a member for a few years.
Definitely deserve it, bro. Um, you got $5,000 account to climb funding.
Uh, just make sure you submit a ticket with us. It I'm just going to emphasize this right now because some people are pretty impatient. It could take up to 72 hours, sometimes more, for you to receive the funds onto the account. Um, I am targeting one specific person when I say this because it's been a lot of back and forth, but uh, yeah, it could take up to 5,000 uh, take up to 72 hours for them to apply it in there. And some if it's near the the weekend like it is now, um, sometimes that adds a little bit more time because it's business hours we're talking here. Um, for the winner for the karma tokens, let's see. We got PB stack.
PB stack. What is I recognize that handle.
The winner as well came from the community.
All right, cool. All right, congrats, guys. All right, so we given away like Yeah. $1,000 worth of trading funds on Bitconnect, $5,000 from client funding, and $25 from worth of Karma tokens.
Um, if you didn't win this time, don't worry. We do it every Wednesday and Friday, so lots of opportunity to win.
Um, congrats you guys. Now, when it comes to the trading side of the fence, guys, we're kind of waiting on if you're already in a short, just be cautious. We need to break get acceptance back inside this orb. We need to break this low for the continuation down to at least the VWOP and or blow.
we can get in a continuation if we lose the VWOP down to this order block where I would be looking for um more short-term longs again, especially in the weekend where we're more likely to range for a bit. If we close above this high, if you're looking if you're in a long position, looking for a continuation because we uh the only reversal structure that we've got so far is the the 15minute SFP that hasn't been fully invalidated yet.
Um, but if we get a close above here, then you get a target extension for anyone who's a long back up to 637, which is a great spot to repair for shorts, by the way. So, if we get up there and we don't get the short criteria met to meet all your rules here, this is a great spot of confluence with supply, uptrending momentum, and our local value high up here.
So, it's looking there's a lot of decent setups in this area.
Um, but we are awfully close to setting the stage for another longer term move up.
It could be like a week long trade.
It could be more depending on how things work out. So here for example is what I mean. Like when we get closer to this valley area low, it's more macro valley area low. This is a a great location to repair for longerterm moves up like we had like here, right? We had a a decent run up to this valary high for 3 days before we pulled back, had another move up and we ran up for about 5 days. So the longer term swing type trades, the stage is being set for that around 61 180.
So everything between that is more like intraday short-term kind of setups.
You guys want me to look at anything else before I got to go?
My kids have rugged. What are you talking about?
It's rigged. It's not rigged, guys. It's based on uh trading volume and stuff like that to get tickets.
So I'm guessing the people that are losing are a little upset.
Um hey is that invest an investor cap? Yeah it's invest your hat. It's one of the ones that uh I order for sampling. The first hat came in an absolute failure. It was missing some of the letters. So we didn't go with that provider obviously because we didn't want to deal with that problem.
But um yeah, this one investor hat.
It'll be in the merch store when it's released. Uh it's going to be the store is going to have like investure branding, but also a bunch of like crypto memes and stuff like that, too.
My wife's actually the one that's building the store for us.
Um, but so you guys get a better understanding because I saw some people upset that they lost. Um, the Bitsex side, you get tickets based on like your volume and meeting certain criteria.
Like you need to have at least $25 in your account, which isn't very much. Um, and you need to have $100 per month worth of volume, which is very easy. You can get that from like $10 a 10x leverage to get that kind of volume. So the Bitex sides from that and you get tickets based on like volume and stuff like that. Whereas like the the other stuff, you get one ballot entry from this system right here. This is one that we've coded ourselves. Um, you get one ballot by commenting the word the giveaway and then you get three ballots by being a member um automatically. So, by being a member, whether you comment or not, you're you're guaranteed to get like three tickets to help like add more value to the community.
And sometimes we have weeks where only YouTube commenters win. And sometimes we have weeks where only members win.
Uh from now on uh guys all members stop watching the live stream.
All right. See, I think that you might be a bot farmer. Uh, yeah, giveaway farmers. I don't not really interested in any giveaway farmers being here.
Anyways, it's nice having the viewership, but you're if you're only here for the giveaway, then you're not here to learn.
That's what this channel's kind of about, just teaching about trading and helping people progress to become profitable traders.
Bitnake's going hard these days. Yeah, Bitnex is pedal to the metal.
Um, all right.
Bye bots.
All right, we're close to getting it.
Yeah, we just got a candle body close inside the orb here, guys. So, higher probability that rotation down pathing is getting close to how we got it drawn here. But this is still a big critical location. We had that bounce off this previous high and we're looking for a close below here for that full on conviction down to this low.
Any assets you guys want me to look at? Any key levels you need to help jump on stuff?
Ban them. Yeah, I can put them all.
I put user on a timeout.
You're on time out.
You prefer the pre-market warp. Oh, yeah.
If the bots were here every day, they could realize they could be members for a free month. True that.
Yeah, you can sign up for a free month, but I don't want bot signing up to invest. Sure.
It would take up all my time in the tickets.
I got a couple bots just Yeah. bot creators that are just in my DMs nonstop. And I I pushed one like client fund. One of them won in client funding and I pushed them towards client funding and I said sorry. I felt like I gave him like an STD or something because the guy was just insane spamming every single day.
It took seven days for him to create his account and then after that it was like four days of spam when he's going to get the funds applied to his account.
Cow. I'm a Russian bot.
[ __ ] you bots.
Yeah, XLM. Let's take a peek. Well, we looked at XLM this already. Uh, XLM's got it's in a make it or break it moment.
So, we're currently we lost this momentum after we hit our head off this uh Valer high or Valer low. Sorry.
We broke this key level that we talked about yesterday that would bring us down to this value area high here. Um we're fighting against VWAP. If we won the fight against VWOP, then we'd be coming up to this um supply area of supply or be looking for shorts again. Um if we lose against VWAP, which is I think based on Bitcoin's positioning is pretty likely. Uh we can come back down to our local low at 2155.
What I'm kind of waiting for in a more macro setting for XLM is us to reach this like momentum 200 day EMA, 50-day EMA area for accumulation for a longer term hold.
I might be buying around like 1996 or 2000 where all the Gen Z's were born.
STD USDT that on Bitnix it's tradable on Young Street in Toronto.
Is there even a New York orb today with the US markets close?
Tech technically if you're doing it based on session times. Yeah, we this is our technical orb right here. We had an illquid move up creating a fair value gap. So if you're not looking at it in the concept of an orb, you can be looking at in the concept of fair value gap from this illquid move back down to like VW wall.
So no matter what, this is an area of interest.
more so for like fast pathing. Like if we once we break this low, we'll likely have fast pathing down to here.
And as we get back down to the VWOP, we'll be looking for longs between there and our 15-minute order block.
really close.
Sterling, are you gay? What?
What is going on in the chat? These bots are raging.
Oh, these NPCs. Uh, the thing about a daily trigger wave is that it could take an absolute drop bad scenario before before it play. Yeah, I agree. I agree with that. Yeah, trigger waves are really good in conflence with the changes of character.
Australian Kyle's couple. We got to tell our wives, bro.
Little K is okay.
Work. Yeah, I got two work husbands.
It's Sterling and Alex Ocrypto. It's We're have like a three-way all the time. I wear my Batman suit.
Yeah. And uh Alex Crypto wears his throbbing Robin outfit.
How does someone take advantage of the free membership? Uh you just got to type when you go into the uh checkout, there's a coupon section, you just got to type free month and during that free month, you guys can get access to more of the giveaways, right?
But that's not the purpose of joining.
The purpose of joining is to learn how to trade. We've got uh the 30-day blueprint trading course.
I say it's 30 days, but for most people takes about two months to do it. There's over a 100 videos worth of content like learning how to trade. Um, it comes with like six different strategies.
You get buy and sell signals, get trading coaching calls, trade hunting calls, the best attack system, all that fun stuff.
Uh the green dot signals the guy was asking about send you guys the link right Chat written wild.
All right, guys. I gotta go. Congrats to all the winners today. I'll be going live again on Monday looking for hopefully like we'll still be in this range and play this range a little bit, but if we get the continuation down over the weekend, uh 6180 is a big spot of interest where I'll be looking for longs again. got lots of liquidity at 60,600.
Start grabbing that for a move up for like maybe a a quick move up. We'll find out what our internal barriers are.
Whether we have like maybe supply created um all that fun stuff if we maintain this downtrending momentum, this internal momentum here.
But yeah, right now it looks like locally Bitcoin is trying to set the stage for a drop. got this double top forming. It's not confirmed yet. If you front ran this using the 15minut SFP that we had here because we did sweep this high on this candle.
So far so good. What you want to see have happen of course is the close below here for that target extension.
Just trade safe, guys. Reach out to me in Discord if you need help with anything and I'll see you in the next one.
Bye.
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