Crypto is Cracking

追加: 2026-05-19

[00:00:00]Hey guys, welcome back to the daily crypto market update. Bitcoin closed red on the day on Monday, but actually not that bad. It technically closed above TBO resistance, which is at about $81,788.

[00:00:12]Not about it's at that exact price. Now, I'm honestly and genuinely surprised that BTC even though it closed above it on Sunday here with a close at 82210 yesterday closing right at8 $81,745.

[00:00:29]It's so wild and interesting to me that TBO resistance did not push up higher, meaning that this is a very strong level of resistance still around 81,788 or like 82K. The other thing that's really wild about yesterday's price action obviously is all the whipsaw. Um, now the TBT stop-loss hunting alert, which is available in the Better Traders Club, it's an indicator that's basically warning us or giving us a heads up.

[00:00:53]Careful, there's going to be some weird stuff happening soon. And we got our first alert here on Saturday night, our coil, which is letting us know that the price is just getting really, really compressed. Expect some sort of extreme weird explosion. And then we had a confirmed TBT stop-loss hunting alert on Sunday, my time, 8:00 a.m. And about 12 hours later, we saw this rip and dip.

[00:01:18]All this weird stuff happening here. It honestly looks like hieroglyphics that are being printed left and right. or it actually looks like uh someone's heart test uh EKG going up and down. I feel like this is how the market really feels right now. It's operating. But all this whipsaw price action is very weird to me right now and it should be really weird to you too. But the stop loss alert has been doing an amazing job of preparing us for upcoming volatility. Now on the daily time frame, we don't have anything else happening other than the price just being strong bullish. And even though we're seeing lots of weird short-term price action, Bitcoin is still technically strong bullish because it's above the cloud. RSI put in a lower high on Sunday at 74.09, lower than the high that was last week on Wednesday at 78.08. Now, the big thing I want to see today is if we're going to see RSI fall down here to this long-term support level, which is currently at today at 50.58 or 50.6.

[00:02:20]Now, the last time we saw RSI fall down to this level was back over here on the 29th of April with which corresponded to a pullback for BTC. And of course, it shot up a lot higher. If this level of support is not a bounce, but the level is a break, I think that's going to be indicative of a larger pullback, a larger move to the downside. Now admittedly, because the price of Bitcoin is still above the cloud, it's still strong bullish because onbalance volume is exceptionally above the white moving average, which is still pointing up a lot. These are two very strong bullish time frames and very strong sorry indicators. And also the weekly time frame, we know it's in bullish consolidation. This is normal um in terms of bullish excitement and growth.

[00:03:06]We're just seeing chop but chop to the upside. Things still look really good.

[00:03:10]Am I still expecting Bitcoin to have a fall? Yes, very much so. I still expect Bitcoin to revisit the low back at 60K.

[00:03:18]Actually going down a lot lower. Yes, I am still expecting us to hit our Where are they? Here we go. Our targets here of 49K and then 38,55.

[00:03:29]Those are still my expectations for the year.

[00:03:32]Um, and yes, I still expect this month to close out red. Now, in the immediate short term, the main things that you're going to want to be watching for are when Bitcoin comes down here to tag the TBO fast line, which is currently hovering around $79,000.

[00:03:49]If we were to see a break below this level, closing below this bright green fast line, this would tell us, okay, we're most likely going to be heading down here to the bottom of the cloud at 74,500.

[00:04:03]And this is where we start to break a lot of these short-term supports. And funny enough, this pivot low that we saw on the 8th of May, where we pushed up from 79K all the way up to 82K, a 4% move, that's basically where the fast line's going to be today. So, this is also something that's really, really interesting to me is that we haven't seen a break of this bullish uptrend structure. Ever since it was started back over here at the end of March, we've seen these long lower wicks and they actually haven't been passed. They they haven't been broken, I think is a better way to say it. As the price goes down lower, it's a domino effect. Once one of these gets broken, it's much more likely to continue moving down. And you also have to remember, you have to keep in mind, escalator up, elevator down.

[00:04:52]Now, our short-term support fan lines show us that we have support right now at $78,860, which from today's open, that would be a really big drop on the day. I don't necessarily expect that to happen, but that level matches up with our short-term supports. Actually, it surpasses it. So, yes, I still expect Bitcoin to go lower. Um, it's just going to take as long as it's going to take.

[00:05:17]Um, but that's my thinking. Ethereum again. So wild to me that the price of Ethereum has been unable to push above TBO resistance that's been established since back over here on the 17th of March at approximately 2374.

[00:05:34]So it's 2376.66.

[00:05:37]We saw a good push on Sunday up here to a high of give me a second 2382 3% but yesterday gave it all away again.

[00:05:48]Red hot chili pepper style and now the price is starting to dump. We're down 1.32% on this candle move. Not really a big deal to be honest. But here's the thing.

[00:05:59]If we see a break below this level of resistance, that will be a pretty brutal move. To be honest, I've been expecting Ethereum to come down here to the bottom of the cloud, which is currently at 2241, give or take some. So, that's the next logical outcome for me. Ethereum, like I've said over and over in the club and also on the Coin Bureau trading channel, it's just looked way more bearish than Bitcoin for a long time.

[00:06:24]Note that Bitcoin moved above the cloud in this huge push earlier this month on the second and Ethereum has just been chop chop chop. Okay. Now, if we see Ethereum go down here to the bottom of the cloud and we see a break below, that's going to be the first break below the cloud that we've seen since it broke back over here on the 27th. The other thing to consider as well is that um Ethereum's RSI, we're back below our support level. If we see a break or rather a drop below the previous higher low on the 7th of May at 42.52, that will also be a very convincing sign that we're going to be going lower. But we have to wait until the daily candle closes below that level. We can't just watch as the price is falling right now to go, "Oh, yeah, it's happening." We have to wait for confirmation. Now, other things to consider, despite the chart being in bullish consolidation mode, again, a lot of this stuff moving to the top on balance volume is still technically bullish for Ethereum, even though I'm not technically bullish on it at all. On the weekly time frame, though, this is a huge difference between Bitcoin and Ethereum. namely, and let me go ahead and remove the resistance fan, that Bitcoin is in bullish consolidation, meaning that price was strong bearish before moving um below the cloud and it pushed up inside. So, it's bullish consolidation, whereas Ethereum has only been able to tag or tap the TBO fast line. We have a confirmation here on the 13th of April and then last week's candle, it got kind of close. It didn't actually touch it, but it's close enough. So, it's interesting to me to see the weakness comparing Bitcoin and Ethereum where Ethereum is much, much, much weaker. So, I'm definitely keeping an eye on that. I still think that Ethereum is going to be going a lot lower. If Bitcoin is going to be going to those lows, you better believe that Ethereum is going to be heading down close to a,000 bucks because if we're going to see Bitcoin go down to 3855 from its current price, that would be like 50% drop. So, we should expect Ethereum to drop even further. And again, I'm talking about way down the line. But if we see Bitcoin do one of those really big dumps like I'm talking about and a big pullback to start this month, which I still expect is going to happen, then we should be expecting Ethereum to go down and visit $1,000. That's pretty likely. Bitcoin dominance has also been really, really interesting, as you guys um have heard me talk about over and over. Now, we have a confirmed TBT bearish divergence on Friday last week. We had one yesterday in progress. It was not confirmed, so we can't do anything about it to say, "Oh, yeah, it's confirmed."

[00:08:51]We have another one in progress today.

[00:08:53]It doesn't really matter until another 22 hours, 18 minutes, and 13 seconds from now. Um, but the main thing to pay attention to is the slow line. And the slow line right now for Bitcoin dominance is still up, which means that the macro trend is bullish. So, if that's the case for Bitcoin dominance, that means that Bitcoin could continue to fall a lot further. And we could still see Bitcoin dominance head up a lot higher than expected. And the reason why is because the price performance of Bitcoin has no weight or bearing on the direction of Bitcoin dominance. Bitcoin dominance just expresses how much of the crypto market cap is allocating funds to Bitcoin. And we know that Bitcoin is the most desirable cryptocurrency in the crypto market cap because it dominates 60% of the whole market cap. So, it makes sense to see Bitcoin dominance move up higher even as Bitcoin is having a pullback. So, even if Bitcoin were to fall a lot lower and inevitably go down here to 60K, I would argue that Bitcoin dominance would actually hold up really well, whereas others dominance will most likely fall a lot lower. Now, conversely, we're looking at stable coin dominance yet again. Uh we have a confirmed higher low here on Sunday's RSI reading at 25.49, 49 higher than Wednesday May 6th at 23.76.

[00:10:08]I'm still expecting others sorry stable coin dominance combined to actually push above this pink line which is still the TBFS line. It's pink because we have an open short status on this. It's technically strong bearish. So I'm actually betting against the grain or I'm betting against the market right now. Whereas this is strong bearish. So we should actually be expecting this to go lower. But given the fact that the better crypto calendar showing us historically that May and June are red months, I'm actually expecting stable coin dominance to shoot up higher which will correspond or correlate to that final capitulation dump that I've been waiting on.

[00:10:46]Total ES the total crypto market cap excluding stable coins. It also closed red on Monday um mimicking Bitcoin's price action pretty closely. And it makes sense because Bitcoin represents a massive amount of money in terms of the total market cap. So the total ES chart will really look similar to whatever Bitcoin is doing. Not exactly the same, but similar. Now, the main things to pay attention to here again are RSI. We're seeing a lower high. It did not put in technically a higher high on the chart, but we're seeing a lower high in RSI, which is an early sign of weakness taking shape. Right now, we're looking at a lower local low, but honestly, in order for total ES to look really bad, it needs to drop below this low here on the 29th of April, which is at 4318, which is honestly going to take a lot of selling to make that happen. Um, the last time we saw the the chart here for totally s come down to this long level of support, which was established in February, uh, sorry, started in February and then established here because this is our pivot moment here at the end of March. So, we saw here at the end of April a drop and a bounce off of this level. If we were to see Totally fall below this level, that would most likely start that or it would correspond to that big pullback that I'm expecting.

[00:12:02]And again, same thing applies here for Totally. A drop below this green TBO fast line would honestly be putting it back into the cloud, which means that we're back into bearish consolidation mode. And ultimately, it'll be going a lot lower. But a lot of things have to happen in order for that to really drop a lot lower. Totally 50. Um had another higher move yesterday at 88.82, sorry, 88.02 on Monday, which is incredible.

[00:12:26]We're looking at an overbought RSI streak that's been live now for 7 days and counting. Um very strong bullish, looks incredible to be honest. And totally 100 also looks incredible. So why is there a bearish flag here? The pink flag. We have one TBT bearish divergence. Again, if the slow line is pointing up means it's a strong bullish trend, even if it's just the 4 hour, which is arguably much weaker than the daily. Totally 100 has these two TBT bearish divergences. It's working on another one right now, but it's yet to be confirmed. Has another 2 hours and 14 minutes left to confirm.

[00:13:01]The main thing I'm looking at though is an overbought market. The market, specifically alts, everything below the top 100 market cap, as we know, has been going crazy the last weekend, last several days, has been going absolutely nuts. We're going to look at a lot of those charts later, but the main thing is that everything right now is overcompensating. It's it's the market being very impatient. Short squeezes is pushing prices up way higher than honestly makes a lot of sense. So, we're seeing an overbought market right now, which makes sense to see a little bit of a pullback. So, if you're a bull, you're want you're going to want to see a pullback and a bounce off of the fast line, just like we saw back at the end of April. Just like we saw back over here on April 20th as well, we're going to want to see a bounce off that level to go up higher. But if we close below this, I would argue that closing below the fast line, which would be where TBO support is right now, would be a bad sign of uh weakness for the total market cap excluding the top 100. Others is also in a similar spot. It pushed up a little bit higher if I'm not Oh, no. It made a slightly lower high, but doesn't really matter. It's strong bullish and it's been strong bullish ever since it broke above the cloud here on the 5th of May last week. So, it's been on an overbought streak, which is incredible now for uh 7 days. This is the 7th day.

[00:14:17]Um I think it could still actually go up higher, but given the fact that Bitcoin is starting to drag down a little bit, I'm curious to see how it's going to respond to a pullback to the fast line.

[00:14:27]So, if we see it close below, I would actually expect it to go down to the bottom of the cloud, actually heading down a lot lower now. Tradfi is still holding up really well. Um, still watching the Dixie, still expecting it to close this gap up here at 99.516.

[00:14:41]That's been open ever since we had this uh big push up in April um in the stock market, that recovery rally. Um S&P futures continues to push us up higher and higher. We saw a new all-time high at 7454 on Monday. That's incredible.

[00:14:56]Now RSI, it's it's honestly crazy. It's super strong bullish. I really struggled to say anything negative about it. It's just pushing up higher. Onbalance volume is strong bullish. Everything is super strong bullish. On the weekly it's strong bullish. On RSI it's above what last week it locked in at 76.15. So it's actually more likely to push up higher.

[00:15:15]The only thing to consider is that we're seeing and again this is on a much longer time frame. We're just seeing lower peaks here. I'm not against people making money but if you can only make money in one direction you just want to think about that for yourselves.

[00:15:30]It's just a very overbought chart. It still looks extremely suspicious to me.

[00:15:34]Now, there's quite a big jump here for the volatility index, but it's still technically in strong bearish mode because it's below the cloud. Um, I I don't necessarily think it has to fill these gaps. I don't really think that the VIX plays that game, but we'll see.

[00:15:48]But if we look at the spot charts here of like the Dow Jones, it's still holding on to this overhead resistance level, which is incredible. I mean, RSI is it's not super strong bullish, but it's not bearish at all. Like, it's looking really, really good. The NASDAQ chart put in a higher high again on Monday with a new all-time high at 29,372. It's absolutely insane. RSI is on an overbought streak now for eight bars, which is again nutty. Actually, you put in a higher high on Monday at 90.52. This is a crazy crazy market.

[00:16:20]Weekly RSI last week closing at 83.86.

[00:16:24]It's absolutely bananas insane. Uh then the fang index printed a second TBO breakout on a very weak candle, but it's still a valid breakout with another RSI overbought streak and now we're looking at six bars overbought. Ride at resistance, man. Oh man. Nvidia pushed up higher making a new all-time high at 222.3 or 30.

[00:16:48]Crazy overbought charts right now. Very frothy. Um, really interesting to see a sec, sorry, a third TBO closed long from GameStop. Trading a lot like a memecoin to be honest. But on the weekly, it's working on a TBO closed long. We still have many days left, basically 4 days left for this to be confirmed. So, it's too early to say anything about it, but it is a bearish sign definitely on the daily time frame. Tesla pushed up a lot higher. It's now strong bullish. Is actually confirmed as an open long on Friday. Pushed up 4% on Monday. It's a crazy good move. It's back to being strong bullish above the cloud on the weekly. On the daily, it's strong bullish. USD JPY is still in bearish consolidation mode, but it actually closed out decently green on Monday.

[00:17:33]It's back to being green again today.

[00:17:35]I'm don't have any news or updates to share with you in terms of the Ministry of Finance or Bank of Japan, but I'm still expecting intervention. Now, the NIK very, very interesting price action um because last week was golden week.

[00:17:46]Monday, Tuesday, Wednesday the markets were closed but the price action was still moving up higher for the Nikkay which shows Thursday only up 6%. Which is not true because actually we know from Monday last week there was price action moving up higher, Tuesday, Wednesday and then Thursday finally caught up. So seeing three TBO breakouts in a row on the daily time frame is an incredibly bullish setup. It really is incredible. Um it's moved up way higher than I previously previously expected it to move. I'm just wondering how is this going to react when the Bank of Japan Ministry of Finance intervenes and maybe they're just going to keep kicking the can down the road as the saying goes. I don't really know. Now, the Shanghai composite has also recovered beautifully. Um on Friday, it printed up above TBO resistance. Monday it's above making a new it's a new gap here which is crazy.

[00:18:43]It also printed a TBO breakout on Monday with a high of 88.06. So Shanghai Composite very strong bullish. Uh it's also going into overbought zones here on the weekly time frame. WTI uh which is US crude spot. Someone's asking can you look at UK oil tomato tomato potato. I could look at XTI2 and it's essentially the same thing which is WTI oil. It doesn't really matter. So um looking at this I mean we're basically hugging the line. Nothing has really shifted or changed, which is fine. Like we're just here just under $100. If we see any sort of a push today, I'd be looking for the price to move up about 10% just below TBR resistance at $110. I don't think we're going to be seeing a higher high.

[00:19:27]I think that this is going to start uh showing signs of weakness and falling lower. Gold had a very interesting push.

[00:19:34]It actually moved to the top of the cloud as I've been waiting for. So, this is um if it doesn't close above the cloud, we should be interpreting this as a pivot moment. Now, silver is the one that you've got to be watching. Holy moly, guacamole, right? Um, Monday's move 7%.

[00:19:50]With no apparent explanation or reason, that's just a crazy crazy push.

[00:19:57]That's insane.

[00:19:59]Copper as well up 3%. Um, platinum, I think it had a little bit of a move, but silver is the big mover on Monday.

[00:20:08]Absolutely insane price reaction there.

[00:20:12]Way way way way bigger than it honestly should have gone to be honest. Yes. And also um BTC against gold uh we know it has a confirmed TBT bearish divergence back over here I believe on Wednesday the 6th and we have a oh I'm sorry Thursday the 7th and we have a second one in process but again we need to wait 22 hours and 6 minutes for this to actually be confirmed. So, it could still go away. But these are very bearish reversal early bearish reversal warnings that are telling us that um gold should actually outperform Bitcoin moving forward, which would make sense if we're of the belief that Bitcoin is going to have a deeper pullback going forward, which I think that's actually going to be the case. So, there's a lot more that I'm going to be sharing at today's market analysis write up that takes me about an hour and a half to type up, to look at the charts, and share everything. But there's also way more stuff that's available in the Better Traders Club. Whether it's the TBO indicator, whether it's our TBO alerts that are automatically forwarded from Trading View to uh the Better Traders Club Discord server, um analysis alerts, indicators, resources, videos, YouTube previews, and you can get 50% off of your yearly membership by taking the 50 Minutes Financial Freedom course and signing up for that. Uh which is a fantastic course. Also, you do get a one month trial to the TBO, but if you just want to get access to the training breakout indicator, the TBO indicator, you can go ahead and sign up with the with the link down below and get on sale for 37 bucks a month. Um, also check out the Better Traders Journal, which is included as a PDF copy, but if you want a hard copy, you can order yours through Amazon.com, have it shipped to your house. If you use it, you fill it out, you like it, you're getting good results from it, consider leaving us a review.

[00:21:51]That'd be amazing. And also check out and consider Kraken. You guys got to watch the video that I shared a while ago talking about the Kraken ink points.

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[00:22:24]Make sure to use the dollar sign so I know it's a coin stock, whatever. Uh, if it's a stock, write stock. It really does help me out. Um, and if I basically if I have to dig for your ticker, I'm not going to be adding it. Okay? So, if you do that, scratch my back. I scratch yours. How how does that doesn't matter.

[00:22:41]We're all scratching backs. Okay? We're getting a back scratcher. So, what I want you to do is like the video, subscribe if you haven't, and then consider reposting, retweeting, or re-sharing to help me reach my target of hitting 100,000 subs this year. All right. Now, we've seen lots of charts moving up higher and higher, particularly because they've been printing TBO breakouts, whether it's on the 4 hour or the daily time frame, like for BNB, like for Salana, it continues to drift up higher and higher. Salon actually put in a higher RSI reading on Monday at 87.87 almost at the top of the cloud which is incredible. Cardano also pushing up to the top of the cloud also printing TBO breakouts. Even Canton Network CC printed a second TBO breakout on the 4 hour on a pump which is not a very convincing TBO breakout. Litecoin even TBO breakouts here. HAR TBO breakouts on the 4hour time frame.

[00:23:36]Perfect cluster. TASOS TBO breakouts.

[00:23:39]Now we also have a TV2 bearish divergence in process not yet confirmed.

[00:23:43]Um but just keep it in mind. SE also had TBO breakouts back over here. It's worked out beautifully. Aerrum TV breakouts on the 4 hour and also on the daily time frame a perfect three in a row cluster which is wild. Theta TBO breakouts on the 4 hour. H on the 4hour time frame just in the last 16 bars up 30%. We're it printed a TV breakout on a 25% move. That's really suspicious to be honest. I don't really think that's legitimate, but whatever. We're going to just watch it go up higher. Now, these breakouts do not mean we chase. Um, know that things are very overbought. Most likely, the reason that charts are pushing up higher right now is because shorts are being squeezed, but that would mean artificial price action, not actually based off of fundamentals or spot buying. So, be really careful and cautious about chasing right now.

[00:24:33]They're breaking out. They're pushing up high. They have good momentum, but just be careful. take profits and scale out like I talked about in yesterday's video if you're going to be tanking a long entry. Now, FF final fantasy coin. No, it's not. I think it's fortimo to be honest because they have the fourth day sign, but whatever. Um, TBT bullish divergence and a TBO close short. Does that mean something when they both print together? No. But it is a bullish reversal sign, namely the TBO close short, which tells us that the previous open short confirmed on the 23rd of April means that well, we might be seeing the trend actually turn bullish here. So, we might want to consider taking some profits out of our short position when the price returns back to the fast line, which is like a 5% drop.

[00:25:15]Now many charts are quite bullish because they pushed above the TBO cloud like Caspa like Venice token with like CRV um curb actually had a great breakout yesterday uh moving up what 8% IOTA yes IOTA confirmed a TBO open long yesterday and Ether printed a 5% move moving to the top of the cloud. Lots of charts are arguably looking very bullish right now. The main concern I have is if you're taking long positions, just make sure that you're slowly scaling out as the price goes up because there are no guarantees. And I still personally expect the markets to be falling a lot lower this month and then next month, but we'll see how that actually materializes. Um, Tron, just so you know, has a second TBT bearish diversions cluster in progress. It has yet to be confirmed. It's it's a pretty bearish reversal warning sign. And the chart has also been stalling literally going sideways while RSI is remaining pretty overbought at 89.65.

[00:26:19]So just just keep an eye on this guy. Uh link has a second TBT bearish divergence in progress on the 4hour time frame, but it is technically strong bullish. Zcash, I am still holding my short position on this. Yesterday it dropped about 6%. Uh we also have two TBT bearish divergences on the 4hour time frame. It's in the cloud. This chart's also a scoundrel. It could easily just pump right back up another 10, 12, 15% out of nowhere. It's It's also just how this chart works. But I will tell you this, once Zcash comes back down here to the fast line at currently $474, this is where I'll be taking out a little bit of profit. And once I take out a little bit of profit down here, I'm also going to be moving my short position that was opened up here into my profit zone. So, even in the event that we see a scam wake up higher, at least I'm going to be closed out in pro or sorry, closed out in profit in the green. That's what I talk about, staying awesome and staying in the green at the end of every single video.

[00:27:16]Sky printed a TBO closed long on Sunday.

[00:27:20]It fell 4% yesterday. We're still waiting for the price to bounce back up and tag the fast line. It has printed um two TBO breakdowns on the 4hour time frame which is a very bearish explosive uh prediction move just like the bullish TBO breakouts. This is the bearish inverse of that. Ethereum classic uh TBT bearish sorry. Yep. TBT bearish divergences and two clusters or rather a second cluster is in process or progress. Um it's now fallen back inside of the cloud. I'm also watching RSI and volume. So it's it's not terrible. It's just pivoting right now. Pivot. Monad um closed below our short-term support level. Does this mean it's done? Not necessarily. I'm more interested to see how it's going to respond to this level of support that it's previously or not previously just been broken. So, if it pushes up here and it gets a sharp rejection about 0035, then that's a great short setup. I still think it needs to close below the 618 to be confirmed bearish and to go go lower.

[00:28:23]Um, funny enough, Binance Life on Sunday had that scam pump up like I told you guys. Um, and what did it do yesterday? It gave it all back again. Pulling a nice red hot chili peppers move right there and printing a TBT bearish diversions cluster. Bada bing, bing, boom. So, I'm now expecting Binance Life to start falling inside of the cloud. It'll most likely go down here to the one. It'll go down to the bottom of the cloud. It'll go a lot lower from here on out. That's my prediction.

[00:28:53]Aster aster uh printed now a third well it's in progress of printing a third tbo closed long on the 4hour time frame seeing a lot of these in a close time frame close proximity or a cluster is a bad sign I know it's the 4 hour it's not as strong as the daily but it's a bad sign to watch out for Algarand also has TBO close lawn that has not been filled yet and it's returned back to this level of support where it previously bounced off of many many times times support um rather spaghetti support on RSI has been pierced. RSI closed at uh 53.61 yesterday. It hasn't exceeded this other low uh on the 4th of May at 51.69. If we see RSI closed below that today, then that's setting a new precedent of putting in lower lows, which would mean that Algorand goes lower.

[00:29:47]render after having a really nice bounce from the bottom of the cloud up 24 25%.

[00:29:53]It's now going back below this first support fan line doesn't really mean anything right now. I'm really curious to see how the price is going to react to support. The last time it got close to it on the 30th of April, it bounced up pretty big. Uh we also just saw RSI push up a lot higher, taking out the other previous highs over here, April 7th and also April 3rd. So putting in a high on the on the 8th of May at 80.62 is a pretty amazing move. So I am curious to see how is Render going to respond once it falls inside the cloud once it reaches this level of support.

[00:30:24]We'll see. Um Virtual also has TBO two TBO close longs after two TBT bearish divergences. That's a really bad sign for Virtual. Um so I'm curious to see how it's going to respond once it returns back to the fast line and ultimately if it is going to bounce off the 236. I'm not holding out hope that it's going to do that. Now, Hyperliquid has done what I've been waiting for for the longest time. Like, making Billy Joel proud again. Song reference after song reference. Awesome. Why am I talking with that accent? I don't even know what accent that is. I'm going to stop, collaborate, and listen. Oh, so good.

[00:31:05]So, we saw a nice bounce here on the 30th of April off of our support level and hyperlquid, bounced up 16ish%.

[00:31:16]Now, yesterday it wicked inside of the cloud, which is an early sign of bearish consolidation to come. Today, it's inside of the cloud. It's also messing with this level. But the bigger thing that happened yesterday, let me go ahead and hide the TVL and TT divergence, is that this is the first real pierce.

[00:31:32]Actually, we have two pierces confirmed.

[00:31:34]Even if we don't see the candle close below this level, this is a big big sign for hype. We haven't seen it do this yet. Yes, most people aren't looking at these incremental levels of uh support, I guess you could say, or this support fan. And technically, the support fan is right here, and it's already broken it. But I'm I'm trying to be a little bit more generous.

[00:31:56]I I still am of the belief that Hyperlid is overbought, that it's going to be going lower. But here's the good news for all of you bulls. the slow line is moving up. So even though it might fall inside of the cloud because the chart is technically macro bullish, this is a buy the dip opportunity. So if you're a bull, you might want to wait a little bit lower possibly here for a buy the dip opportunity around $36 or $3550 or so for a buy the dip move if it gets that that low.

[00:32:24]Other things to consider as well is that RSI is really predictable in terms of its oscillating patterns. It's really whippy, which makes for really good trading. Now, if you see RSI go below the pivot low here on the 30th of April at 3629, which is about there.

[00:32:44]Um, that will be a pretty damaging move for Hyperlid. So, you'll want to watch out for that. There's a lot of conditional statements. That's just the nature of trading, but that's something to watch. I don't like that yellow color. There we go.

[00:32:57]Dup.

[00:33:01]Wow, amazing. I got to make that same pot of coffee every single day apparently. Um, when we saw RSI on Sunday at 93.08, you have to keep in mind, and again, uh, for those that are new watching this, I always use RSI with a length of seven because seven is much more responsive.

[00:33:18]Uh, the lower the number, the crazier the RSI is going to be. So if it's like RSI with a length of four, then you're going to see things go super overbought and super oversold really fast. The standard length is 14. Okay. So why do I have it? I I move it or I chop it in half because I want it to be much more volatile because crypto is way more volatile than the stock market. Now in terms of Jupiter, we have two TBO breakouts printing after an explosive 40% move. If you know me and you've been watching these videos, you know that I'm not looking that going, I can't wait to buy. I'm so excited to buy this. No, it's an overbought exhaustion or exhaustive TBO breakout. The good things I will say for the bull's sake is that this is the first test of overhead resistance that we've seen for JUP in a long time. The last tests of overhead resistance was back over here. We actually saw one test and then a pierce and another pierce back over here in September 2025. So this is a significant significant move for JUP.

[00:34:27]Okay. Now, if this is going to be tested and respected as resistance, then we should be expecting a pullback not just the fast line, but most likely down here to about 18 cents, which would be a 26% pullback for Jupiter. Okay? So, just keep an eye on that chart. That's why they're both red. Just keep your eyes on them. Now for your picks, Osmo. Wow.

[00:34:49]Again, crypto showing us how it is done.

[00:34:52]Stock market, you got nothing on crypto where charts literally pump 283% in two days. What else is amazing about this too is that OSMO pumped up to price levels that we have not seen since the 1010 dump.

[00:35:12]The insane part about crypto, and this is why I stay in the crypto markets, why I feel confident to say yes, you can still DCA in these charts. You can be down 76%. Because as long as you're DCAing and you have those fixed orders, you are actually averaging down your entry every single time you buy. So, there might be a ridiculous scam pump of 150%. You can actually scale out of your positions in profit in the green. It's possible. It's not likely that your your coin is going to move up 300% 280% in two days, but it's very much possible for some of these coins. So, someone asking for this chart is probably wondering, well, is this going to keep pushing up higher? Well, let's just look at a couple of things. RSI yesterday moved up to 98.82.

[00:36:04]The pump volume yesterday, I'm sorry, on Monday.

[00:36:08]Yeah, 38 million versus 1.7 million on average. But to be honest, the day the average before that, the yellow amount, $49,000 before that, $22,000.

[00:36:22]$22,000. 30-day moving average. Monday's volume, $ 38 million.

[00:36:27]You think that's a sustainable move?

[00:36:29]Nah. Pump and dump, baby. Super pumpy.

[00:36:32]Super dumpy. So, um, I would not be trading a chart like this. Neither would I want to be shorting a chart like this because the whips work in both directions. Okay, I'm not going to get into it. All right, Toncoin. Now, Toncoin is actually printing, to be honest with you, it's actually printing a bull flag. And I know you're like, "Dude, please stop with the flags." It is. It's technically a bull flag. It's a little bit weird, a little bit wonky to be honest. But the expected behavior for this because we came from the upside is to break above resistance, do one more bounce, and push up higher. So, it's technically bullish. It's still bullish in terms or rather in light of the TBO, it's still bullish with volume, which is exceeding the moving average. Even though it's fallen off dramatically, on balance volume is still technically bullish for Tungcoin. The only hitch in this plan is that RSI maxed out at 97.78 on Thursday last week on the 7th, which is never going to hit this level again.

[00:37:32]Ever, ever, ever, ever. Okay. Um, forever, ever. Forever, ever. So, it's still strong bullish. Absolutely. But if you're thinking that Tonguecoin has to keep pushing up higher, my friend, you have the memory of a goldfish because usually Tonguecoin makes these little baby baby seal farts 1% a day, down 1% a day, down 1.5%. And then up.5% in a day. It's almost as bad as Tron.

[00:38:04]And then because they made this big news announcement that the biggest validator is moving away from the Ton Foundation to Telegram. Wow, that's so amazing. So anything that moves up too high too fast, it's going to have a correction.

[00:38:16]It's also exceptionally overextended from the fast line. Now currently the price is about actually do the opposite way from the fast line up. It's currently overextended by 20%. If you're really really in love with Toncoin, you'd want to wait for a pullback to the fast line, which is currently at a buck 95. It's a very risky trade, but that would be the most logical thing to do.

[00:38:43]Not buying into the hype, even though it's very tempting. Yes, you can make some money scalping uh and riding up that crazy crazy move, but it's an unsustainable pump 100%. Okay, TA continues to drift higher and higher, much higher than I was personally expecting. The last time we saw it mess around with this level of support, it was just dancing all around it, but it managed to push up higher. Now, RSI has been putting in lower highs again over and over. I'm personally of the belief that we're going to see a pullback, which we I'm really curious to see how it's going to respond to this level of support, but it's doing very well. It's still strong bullish with the TBO, strong bullish with onbalance momentum.

[00:39:21]Uh sorry, onbalance volume. Um volume in general though is very bad. Volume has dried up considerably since this huge rally. See this volume just going absolutely crazy and it dropped off and we had one more spurt and then it's done. So volume is very weak right now.

[00:39:39]I would expect it to be rolling over.

[00:39:41]Now looking at a couple of stocks, Rocket Lab Corporation, crazy breakout on Friday, 34%. Monday up 11%. I bet you they switched to AI. I bet you given the volume. Um, now in terms of price action, wow, guys, we're in the wrong market. Or maybe I'm in the wrong market. 3 353 348 340. There it is. 347. Trying to find the lowest low for our fib levels. So, let's see how we're fairing right now with the T. Wow, look at that. That's a be a be. All right, let's do our fib projections.

[00:40:19]Well, the next target for Rocket Lab is here at 131.24 or $13124 and after that 215.

[00:40:28]It's still strong bullish. I can tell you right now on the weekly time frame, massively strong bullish RSI. It's crazy. Isn't it interesting though to note that we're seeing higher highs on the chart, but we're seeing lower highs on the weekly RSI.

[00:40:41]Take profits, guys. Please take profits on the way up. SanDisk had an incredible week last week, up 31% RSI last week, up to 92.52.

[00:40:51]Oh my gosh, it could still push up so much higher. It's insane. Very strong bullish. USA rare earth strong bullish on the daily, strong bullish on the weekly. Um, RSI is strong, bullish.

[00:41:03]Actually, Onbalance Volume has had a huge push here as well, ever since the April recovery rally. It's up 82% or so.

[00:41:11]Um, it's interesting to note that it keeps doing these patterns. So, if it follows the oscillating pattern, we should see one more push up to about $30 and then it falls back down here. I'm curious to see how it's going to respond to support the next time it has a drop.

[00:41:26]So, we need to do a support fan here like this. O, it's already pierced it twice. Uh, hopefully we don't see a big pull back down here, like 35%, but it has a really nice oscillating pattern taking shape. Marll Technology TBO breakout on last week's candle after a crazy pump of 103%.

[00:41:50]RSI, the weekly last week at 95.32.

[00:41:54]I'm so jealous. Oh my gosh, you guys must be just going to bed every single night grinning from from ear to ear.

[00:42:03]It's ab absolutely insane. But I also have to admit too that trading markets like this is also very much I wouldn't say fearinducing, but it's not as easy as you think. When charts are absolutely going parabolic and going disgustingly higher like this, it's actually so much harder to hold on to positions that are in profit. It's actually easier to hold red bags going lower and lower. But when you see prices going up high and you scale out and you don't get that pullback like you're hoping to to reinvest or you maybe take out too much as the price is going up higher, if you're not taking into account the rules that are taught in the journal, I'll be satisfied with any amount of profit.

[00:42:42]I'll protect my portfolio at all costs.

[00:42:44]Like learning to be satisfied is honestly a gift. It is a it is a level of mental fortitude that most traders do not do not achieve. If you can learn to be satisfied with any amount of profit, you win. Because if you can understand that every single win I have grows my portfolio. Even if you're kind of hitting a plateau, at least you're profitable and you're protecting your portfolio. It's a gift, guys. Now looking at a very strong bullish chart like this. A couple of things to keep in mind. It's massively bullish onbalance volume. Incredible volume. Wow. Now RSI is showing a very clear pattern of lower highs and lower lows. It also has a spaghetti support level here where it bounced off of. If this spaghetti support level is pierced this week, RSI going below this pivot low here from Thursday last week at 52.67, that will be a sign that most likely it's not going to go to the fast line.

[00:43:47]It's probably going to go down here to like 120, but it's very very very bullish. And an interesting pick, uh, San Rio on the Toronto Stock Exchange.

[00:43:58]Okay, Hello Kitty, I guess. Sure. Um, it's not looking as good as the as the the the goods are looking. Strong bearish on the daily, strong bearish on the weekly. Um, looking pretty oversold, pretty brutal. Now, this is part of the fun. See this? We have a spaghetti resistance level. We don't talk about these too much. And we also have higher lows here for weekly RSI. That's actually a really exciting place to be.

[00:44:27]If it were to have a reversal, this would be the place. Even though it's technically strong bearish on the weekly and it's strong bearish on the daily time frame, this is where things start to get really exciting. Now, the one thing I want to do over here as well is to zoom out to see where are we in terms of our fibs because this is also going to be really, really helpful to figure out has it maxed out anywhere. So, let's go to the previous high September 2013 to our 2020 low. Here we go. We're going to switch this to my favorite template.

[00:44:58]Well, okay. So, it it wildly surpassed the 1272 at 666. It moved way above the 618. Actually, did it go up to the two?

[00:45:06]I don't think it did. No, it didn't get close to it. Interesting. So, um, a good area to consider, let's say if I want to build a position here, I could take a DC approach with this, taking a long here and then looking to add more about 20% lower at the two 1.272 at 666.2.

[00:45:24]Okay. Um, it is strong bearish on the daily, on the weekly, so we should be expecting the price to fall lower.

[00:45:31]However, there's a really good chance that it breaks above this spaghetti resistance level and it actually explodes from here. I honestly thought that this video is going to be a lot shorter, but um, I also just can't help myself when I see stuff. I just want to explain things for people that are new to these videos or new subscribers and don't understand what I'm seeing. So, I just I can't help it. I've been doing this guys since, believe it or not, 2018. Oh my gosh. Not doing the daily videos. Oh my god. No. That that's that's a that'd be a long time. But the main thing is that I care about education. I care about teaching you guys. I'm not going to get everything right. But I'm telling you from my years of experience, charting, trading, all that fun stuff, I know how to at least I've taught myself how to embed all of the concepts from this journal into my head. So that way I'm not going to be trading emotionally. I'll be tracking my emotions. I'll be using the journal and the aspects that I've learned and sculpted and created it through it um to understand and to regulate all that stuff. But understand that the journal is a gift. It's a huge gift. So consider those rules. If you've taken our courses, go back go back to the basics.

[00:46:38]go through all the Better Traders uh journal content in the courses to just get it back into your mind to help you to keep your expectations reasonable to keep your thoughts and your expectations um grounded in reality, not in your hopes or expectations or wishes or dreams because the market doesn't care about you, your portfolio, your dreams, your aspirations, your profit and loss goals, all that stuff. It doesn't care.

[00:47:02]Okay, before you go, watch the video that I shared this past weekend. The stable coin dominance chart made a huge change in support which I think is a very very u big signal that we should be getting a larger pullback. And again, I'm still sticking to my bearish thesis and you'll understand why in this video.

[00:47:20]Watch it. Until the next time, you know what to do. Stay awesome and stay in the green. Peace.