In crypto trading, understanding market structure is essential for identifying trading opportunities; when the market shows weakness and lacks clear structure (such as during consolidation phases), the best strategy is often to sit on hands rather than force trades, as attempting to front-run expansions during symmetrical structures typically leads to losses. Traders should wait for structural confirmation, such as a change of character with a higher high and higher low, before entering positions, and should avoid front-running without clear market structure signals.
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📢DAILY CRYPTO MARKET UPDATE: 👀💥LETS TALK CRYPTO [Bitcoin, Ethereum & ALTS]Added:
Welcome to another episode of Let's Talk Crypto, the live stream where we talk about crypto news and price action. My name is Mike. All right, guys. Market at the current moment showing a bit of weakness in the last little while to be honest. Got a good look. I, you know, honestly, I don't know. I feel like we should be sitting on our hands right now. I don't feel very comfortable. I feel like I lost a little bit of my flow, of my rhythm. I lost um, you know, the market right now seems to be in hard mode. It doesn't seem right. something feels off, you know, and as a trader for so many years, I start to have a a gate like I have a gauge that basically tells me, you know what, I'm not I don't feel comfortable. Market structure is not telling me, you know, what I want to see or what I want to hear, you know, and when those, you know, scenarios happen, what's very important is that we're able to distinguish trading opportunities and opportunities not to trade. Sometimes no trade is the best trade. And of course, when the market's not giving you what you want and you're not getting the the, you know, the overall, let's call it edge that you need in order to be successful, the best thing to do is do nothing. You know, invest in yourself in other ways. Do something else. And the last two days have been really rough.
You can see it's because we're in a in a structure. And that structure so far has been very symmetrical. And within a symmetrical structure, you don't really get an edge. Why? Because you're consolidating. That's what a consolidation is. you get into a symmetrical type of structure that slowly consolidates and contracts before an expansion. And during that contraction phase, believe it or not, a lot of people lose a lot of money. Why?
Because they try to frontr run the expansion. They try to catch tops and bottoms where I tend to like cool off and then and then it depends on how the structure looks. I might start passively accumulating on spot. But the reality is right now leverage trading is quite difficult. I went from taking a few trades a day almost every single day to like maybe taking a few trades a week lately. It's not very, you know, giving me that engagement that I need. And of course, here on the channel, we don't mind up, down, bearish, bullish, and sometimes sideways. All we want to do is stay one step ahead of the market so that we can capitalize on any of the volatility. And if you appreciate the strategy, subscribe to the channel.
Click the bell so you don't miss out on any of my future videos, including these live streams at 8:00 PM EST where we talk about crypto news and price action.
Guys, if you have any projects you want me to cover in tonight's live stream, feel free to let me know in the chat.
You can hit me up on the socials. The links are in the description. Better yet, guys, join the Discord. The Discord [music] is where it's at. Lots of good alpha, trade setups, fundamentals, and learning material. The best part is it's absolutely free. All right, guys. Let's begin. Let's see what we got here. Total market cap still kind of dripping down.
Not nothing big. We're still around 2.7 trillion. Okay. Yes, the market came down approximately 1.37%.
Not a not that much. Yes, the trading volume is not nice looking, you know, to see it rise up as the as the market cap falls. Not a good look. I don't like to see market participation agree with this dip, right? But it is what it is. the market doesn't give you what you want.
The market gives you what it wants to give you and it's up to you on how you react. And like I mentioned guys, no reaction some of the times is the best reaction. So I decided, you know what, I'm going to invest in myself and in the community. Today I've worked on backend promotional material for the traders bundle. We got a whole bundle with all kinds of, you know, things happening. As you guys know, the terminal right here, um, you know, the last day is most likely going to be today for the current pricing of the bundle. We are going to be hiking up the prices on the bundle because it was just an entrylevel soft launch bundle price. We got the terminal, we got the academy, we got the premium, and we got synergy signal access for one full year on the entire ecosystem right now for 500 bucks. And you get it all. Typically the just the premium is $500. Right now it's a soft launch. I'm trying to get, you know, all the ecosystem warmed up and making sure I got all the uh kinks ironed out and that's what I'm working on at the current moment. But we um we're pretty much done. Soft launch is over. We're ready to go full launch. And you guys know after this I'm not going to be promoting it that hard. It's not my style right now. I'm kind of talking about it because, you know, we're just getting things going. And the last thing I want is you guys, you know, in a day from now or two days from now, say, you know, what happened to the promo price?
Well, the promo price is now. It's today. Tomorrow, it's likely going to change. I already changed it up on a lot of the other on the other websites.
Terminal has its own website right now.
You notice there's no Discord button up top. Well, because premium members at the end of the day, the ones that are already in there got the terminal completely unlocked for a full year.
Right now, that's not in doesn't exist anymore, right? So, the academy is on its way as well and um you know all the rest the premium is the premium and the synergy signal uh prices change and they're going to be changing in the next couple days. So, if you want to get your hands on the full-on ecosystem, the traders bundle, now's your opportunity.
Literally tonight, by tomorrow morning, I'm going to be back at it um cooking it up and preparing for full launch. So, guys, if you're interested, now is the time. If you have any questions, join the Discord. The Discord is free, by the way. you can join and ask me any questions, any concerns that you may have. I'll be glad to iron it out. But we're leveling it up here at BTD Crypto.
This is our this is our moment, you know, as a community. All of you guys that have been with me since, you know, the beginning couple of years here, I've been um in this space. Um and I appreciate all of you just, you know, being around and and and giving me that support even during markets that are pretty trashy. And you know, this is this is the opportunity that I get to, you know, kind of help out people that have been with me for that long. And again, the the the traders bundle is where it's at. Okay, guys. So, join. Go figure it out. If you're interested, now's [music] your time. Enough about that. Enough about that. Um, let's see what's going on with the top 100 real quick.
Um, we can see that a lot of these projects um are down today a little.
Just a little. Doge, it's up. BNB slightly up, but the average project I would say is down approximately 2%. You know, give or take. Toncoin coming down almost eight%.
Okay. Almost no, 8.5. Like, it's pretty big dip. You know, you got to you got to admit AVAC AVAC is okay. It's down not even 1%. So, we're still okay. I was thinking how much more could Avac come down. Avac hit a level of which like this is ideal floor price right now for AVAC. It it hasn't really gotten any relief. you know, it is really at a low low level. So, it's it's time to start to show some strength here. Avac down approximately 5% and we got unis swap down a little bit 4%. But I would say that on the average it's about 2% give or take cuz I'm only talking about larger dippers as you can see. So, a negative about two maybe even 3% if you really want to stretch it. That's what we've seen today. As you can see, I'm looking for random anomalies. BV down 12%. But you guys know this, right? You guys know whatever runs hard comes down hard, right? That's the reality because imbalances are left behind. Those weak spots and volume are left behind and that's gives the opportunity for dippage like real dippage. And here we have VVV coming down almost 13% for the day after it's been up significantly guys. So we can't hate on it. Reality is that if because it ran up, there's a lot of profit taking happening. People are in profit. There's going to be profit taking happening. So it [music] is what it is. We have Dash coming down. We have whatever this is. We got Pangu coming down. Uh we have UB Uniase. I don't know what this thing is, but it's on a tear.
27%. Do not do not feel like you need to buy this right now. I would highly recommend that you step away and do not buy this right now. Okay. U looks kind of dangerous. I wouldn't be buying that.
Injective is pumping, guys. Take a bit of profit. It's up 7% 30% the last 7 day. And then it's also pulled back. on in the attempt. Bullish attempt, you know, start scaling out of positions if you're a holder. Edge X, we have a lot of others, guys. Doing okay here. What's this lab? Humping and dumping. I'm not interested in that either. You know, these new projects that come out hot.
We've learned our lesson, didn't we? We learned our lesson. No, I think it's time to short, Bill. This thing pumped 141% in a week. Don't you think it's time to short? Yeah, I I'll be I'll be wa watching out for shorts on on some of these. I'll definitely be shorting bill probably lab humanities age. There's a couple I'll be shorting for sure, for sure. For sure. There's no way that I'm expects to pump for no reason while Bitcoin dips. There's no way. Okay, guys. So, that's it. Uh top 100 right now. Just looking a bit sloppy. Some gainers, mostly dippers, [music] and it is what it is. Let's see what else we got here on the terminal real real quick just to give us a an idea of what we what we're stepping into here as the Asia market is coming in hot. You can see Tokyo session is in here, guys. You see how I rearranged my widgets today.
Well, not today. I think I even had it like this yesterday, but I did rearrange my widgets. I I got rid of some, you know. You You just come up here. I'll just show you real quick. Go to the widgets uh button, and you can select which widgets on the right. You can't see this right now, but you can on the right side, you can kind of select your widgets and what you want to, you know, right into here, right? And then that way you can save your profile and and you save your profile and ultimately um [music] yeah that's it saves which widgets you actually want on your on your dashboard here on your terminal and I ch obviously if you're in greed we need we're right in the neutral we're getting into the altcoin season we slowly shifted [music] to this way which I appreciated others are others is picking up which means altcoins picking up a little bit here and we can see that Bitcoin is kind of like getting a bit of a bounce here. Maybe the Asian market can go up for that one sweep that I'm waiting for. One more push up and then I'm done. One more push up and then I'm neutral. No, no more. I I don't think um Bitcoin is already kind of floppy here.
I'll be getting full on into spot at that point. If we go for another squeeze, a short squeeze and I'll be done. And and you know, it's it's not if you missed out on my video this afternoon, I would highly recommend checking it out. I stayed on the higher time frames on the big picture. I think the big picture response is going to come in very soon. So be very careful.
And you can already see the fake breakout detector has been warning us for the last few days. Upside. Okay, let's start with the 5m minute. Default is 15. Upside on [music] the five, likely a fakeo. Upside on the 15 likely [music] a fake fake out. Upside on the 1 hour, likely a fake upside on the 4 hour. Okay, it's saying, you know, maybe maybe so. [music] Maybe so. Slow and steady. Okay, slow and steady. Now, if we go to the downside on the 4 hour, anything to the downside looks promising. Anything to the downside on the 1 hour looks promising. 50/50, right? 15-minute promising. 5 minute somewhat promising. So, you can see it's a little bit more stronger. anything to the downside suggesting it's not going to be a fake. [music] But we've been seeing this stance in this melting price action for weeks.
Seeing [music] short warnings, seeing warnings, sell-off warnings, meltup continues. That is the definition of a meltup. Okay, look it up if you don't believe me. Look it up. What is a um a stock market meltup? What is that definition? It's essentially price action that's moving for no real reason.
There's no real reason for it to move, right? There's no volume. There's no confluence. It's just emotional momentum and and residual momentum. And that's what we're seeing here. So, I'm going to be careful here because we could still be melting a little bit more. But to be honest, on one more move, I feel like we would overstay our welcome and [music] that's our opportunity to take some profits and, you know, just wait for what happens next. I feel like we need a structure soon. Very, very soon. Okay, that's that. Um, this morning with the premium users, 6:30 a.m. I got on and, you know, gave an analysis. The analysis to be honest, even this morning was a bit rough because it wasn't like the market was giving us too much edge, right? It looked bearish. It made the lower high already. We'll talk about that in a second. [music] And it's not like we reclaimed anything. In fact, we dumped the symmetrical back down to the bottom of the range of the symmetrical triangular formation, which we talked about this morning, which kind of let set up the the stage for a potential dip. And range lows is, you know, it is what it is. As long as you're within structure, you got to prepare for it.
What do we have tomorrow? Let's see what we got here tomorrow. We got GDP uh here at G G US core retail sales and retail sales tomorrow out of the US. That's fine. Uh we still have the data availability narrative doing pretty good here. And a few others for me eco. No, thank you. No, no meme coins for me.
Decentralized identities. Okay. Um and that's that. And we're seeing a lot of dippage across the memes. Look at all this. All these are memes. Brett, [music] Pepe, and so on. So memes are taking a bit of a hit right now. You know, to be honest, this is good cleansing for the market. Get these memes out of here. Get them away.
They've ruined a lot of people's portfolios. A lot of people and it did help a lot of pe some people, but more people got wrecked than than people um you know did well to be honest. For every one millionaire that was made out of means, there was a lot of people losing a lot of money. Okay. So, unfortunately, uh, what's trending here?
I did a bit of a a tweak today at the crypto at the crypto screener.
Bullish. What are we looking at? Oasis did break out today. Roll. Have no idea what that is. Sounds like I don't want to know. It sounds like a meme. Geto waking up a little bit. Lab waking up.
We've already seen that. Injective has been doing good. Home. I think I've heard of this before. But generally speaking, what I would be interested right now is maybe Jet, a little bit of Jedo. Uh, and Oasis is an OG. I'm surprised it's here. Oh, and the bearish. Uh, it did tweak. Look at this.
All of a sudden, it's working. It's working much better than it was before.
It's tweaking the algorithm in the last little while. And here we go for Confluence. Teruna Luna C coming down.
Uh, what else is dipping? Something that I'm interested in maybe to buy. No popcats for me. No. No penguins. No apes. No Axelar. Nah. You know what?
None of this is interesting to me right now. So, all good. This is the screener, guys. Links are in the description if you want to join the crypto corner terminal. All kinds of different widgets. I have more up my sleeve that I'm going to be working on. Um, this one right here I'm going to be releasing very soon, which is the risk metric.
Tells you open interest and funding rates. It tells you exactly what to expect based on those two metrics. And you can see that the market is fairly neutral. Neutral in general, only two uh short positions at the current moment telling you be careful. Okay, so it is what it is. Um, what else do we got here? Um, that's all. Let's take a look at charts. Let's see what we got going on here on Bitcoin. But, but, but before I talk about Bitcoin, I want to see which goons are with me here tonight. We got some OGs. Let's see. We got Daniel.
How's it going, buddy? Good to have you here tonight. Ben is in the house. Um, I'm all out. Yeah, I'm I've been kind of out lately. You notice, Ben? Yeah, I've been was very active a few weeks ago.
Even last week, we were getting pretty hot. But um you know this week I felt like ah kind of happy I'm like kind of chilling you know kind of happy that I'm on the sidelines you know I got I'm in one long position kind of hurting a little bit to be honest. Um but that's about it. I'm I'm in shorts as well but nothing major like it's only a margin position. I mean I want to get into my 50xers. You know what I mean Ben? I liked it. It was entertaining. It was fun. It was exciting. It was rewarding, but the market needs to give me that opportunity. I don't really see it to be honest. Like too crazy, you know? It's like hard to really judge what's going on. I feel I feel like I lost my rhythm. And I'll pick it up again. It's like when you go fishing, right? You you catch a fish, you want to hold on to that. You don't want to let it go. You want to keep keep on, you know, using. As soon as you you you break the line, just let it go, you know, rejig, get yourself going again, cast that line out again, and and and do your thing, right? You don't want to rush cuz if you rush, you'll snap the line again and keep on doing it and keep on doing it, right? Once you catch your fish, hold on to it, ride that rhythm.
And we've been riding it really well in the last little bit, but lately, I felt like, you know what, it's time to like kind of chill out, you know, grab a beer and then [music] and then get back on it, right? So, I'm I'm hoping that in the next couple days we can get back on it and find a nice edge. Right now, this meltup is driving me nuts. Um I could go for a a hit of me, too. Straight to the vein, straight to the head. I would agree with you. Uh you know, we we need a fat bowl of opium right now across the market. How's it going? Uh Bernardo, how's it going, buddy? Uh who else do we have here? Bullish on blockchain. What's up, bud? Good to have you here tonight.
I appreciate you here. B Panda P is in the house. Richard. Uh, CR, I don't know. Richard, how's it going, Richard?
We got Scroller, Tin, Frank, Mac, Chocolate, I don't know what chocolate we're talking about. Tommy's in the house. We got a few. We got a few here tonight. Good to have you here. Uh, Kane, we got Striker, Mike 7, Kent, we got, who else do we have here? We got Dann Dante. How's it going, Dan? Good to have you here tonight. Dickles in the house. We got Jake and a few others.
Wow. Keep on scrolling. We got El Jimmy.
I like El Jimmy. I like the name Jimmy.
Uh J Pizzle. J Pizzle for Shizzle. Pizzle.
We got Tor. We got Tommy. Did I say Tommy? How's it going? Sickle. How's it going? All right. We got it. We got lots of people. Can we take a look at Ar uh Arkham or Bara? Okay. I'll take requests in a second. I'll try to remember. If I were to choose out of the two, it would be Barra. Okay. Now, before we continue, guys, before we continue, I'm going to have to ask you for a bit of a favor.
Tomorrow's my deep dive, guys. Tomorrow, I start my deep dive. Let's put it this way. Start the research. What I do is I start Thursday, get the lay of the land, see how difficult, like how much, you know, information I can grab and and that makes me feel comfortable because again, I want to make sure that I make it in time. Guys, right now we have Colonel winning seven votes. If you're interested in voting on the next deep dive, which is going to be released on Sunday, now is your opportunity to join the discord. It is absolutely free and you can place your votes on a on the project you want me to start researching tomorrow, bright and early. This is what I'm doing. Okay? If a project um is not here and you want it to be on the list, just go down below, make the request, and I'll add it. Okay? Make sure you just give me one because uh you know in this case I'll probably put them all cuz we're running thin. But nonetheless guys, place your votes um decentralized the whole process here for the community. I don't want to be shilling anything. And of course um we do have some good promotions happening right now like you [music] and uh Bitunx offering a great trading bonus guys right now. If you deposit uh your initial investment, you get a bunch of trading capital up to 20% in trading bonus, risk-free capital. And I think it's very lucrative right now that you get in because these guys are literally giving you bonuses over and over and over so that you can trade risk with free capital. Your initial investment is always yours. It's not like you you lose it. It's always yours. But these guys have low trading fees. They have great trading pairs. And the best part is no KYC, which means no know your customer.
None of that privacy is key. Okay, guys.
So, all good here. We we we we have opportunities here to get some free capital to trade, free trading to uh um tuition [music] essentially. Meaning that it's risk- free, guys. If you if you are learning how to trade, what better way to trade with and than with other people's money. That means if you take an L, you take an L. No big deal.
Um but at the end of the day, imagine if it's your money. it hurts a lot more, right? So, uh I think that this is a great opportunity to take advantage of.
All right, guys. So, that's about it.
Formalities out of the way. We got everything. We got the crypto corner done. We got we understand what's going on. The Asian market could be looking for a little bit of a bounce here. Um I see Bitcoin at the current moment um in a very fragile state, right? And the reason being is because it's like almost like a big picture. We're almost at going to be at an a major inflection point, right, for the for for let's say the 6 hour. And the reason being is because of this horizontal right here.
This horizontal right here is going to be a very important inflection because you know this was this was a level, right? This was a level where we broke down. We made the BOS. Now all of a sudden, you can see the similarities between this V recovery and rounded spike, you know, V recovery and then rounded spike. very similar fractal just this is a little bit bigger to be honest but after getting these to these levels right [music] it starts to make you feel like yeah maybe we could roll over maybe this is going to happen maybe this is a trap maybe it's the biggest trap ever and I'm going to tell you the honest truth it it possibly is right so we have the imbalance that we tked right through look at this weak spot this is not my typical chart by the way okay I'll show you my oh we'll use my typical artwork in a second, but you can see that we did a good job. And you know, today I wanted to just focus on the on the higher time frames. The truth is that we did break out right here and we're kind of like hesitating similar to how we were hesitating right here, right? It looks very similar and we can look at fractals. Yes, maybe we look a little bit roundish. Maybe there's a sign of divergence. Not really. There very little signs of divergence on these tops. Very. You can even say class C if you really [music] wanted to momentum top topping while price keeps on melting upwards that okay fine class C bearish divergence very weak sign of divergence.
So we also have to admit that we're in an uptrend. So what do we do now? Are we going to get short right now? Well the only edge you have is the same edge traders had pretty much here. Came up double top. This was a bottom. We broke below the bottom. Made a lower low.
Right? That's it. You look at what happened here. We came up, made a lower high. We broke down below this bottom and we made a lower low. So now, what's the issue? Are we going to come down and drip a little bit more? Maybe tag right into the pre previous breakout zone, which would be right here after this consolidation. So the breakout zone is now we tagged it already, guys. Already tagged it right into it. [music] This wick, but maybe it's done. Maybe it's done. Maybe we come and fill the wick a little bit more. maybe 50% of the wick and then finally maybe go for another move the same way we did right here the same way and that was a short squeeze and that was that was that is what perpetuates the meltup that's where people start to FOMO and I feel like one more shot I don't think it's over I think there's a lot of shorts being built up right here and a lot of people are going to end up getting wrecked [music] you know shorts one more shot maybe and I'm prepared for it I don't know I'm not a fortune teller but I'm prepared for it regardless okay guys if we move out.
We're doing great. And I'm going to be exiting all longs at that point, meaning short-term longs. Exiting, right? And I'm going to be reccalibrating to see what happens next because again, if you start zooming out, I'm expecting a structure here eventually, guys. We can't just keep on going up forever.
[music] It's not sustainable, right?
Eventually, we're going to, and this is grindy. This is not impulsive. This is trappy price action. This is what this is how people get trapped all into here.
And then we come up a quick sweep and then reversal and then distribution and wreck and all trend line liquidity gets wrecked.
See what I mean? Because right here on a pump for example, let's say we pumped really hard trap trap and inducement then it come back in and distribute.
Typical, right? We didn't do it here. We expanded and consolidated. What does that mean? Well, we're still in consolidation, which means we're accepting and we're back testing to prove acceptance. Most people calling this bearish. No, it's a bullish back test, guys. I hate to break it. This is a bullish back test till proven otherwise. What that means is that we're coming down to accept these [music] levels level to level. Back testing here and getting confirmations of support is bullish. We need this. We want this for another expansion. Give us another one.
Okay, so we are at a bullish back test because the trend is [music] still up.
No matter what people say, no matter what the bears are saying, no matter which guru you talking about or listening to today, this is still in an uptrend right now. This little fractal is not but [music] this is still because where's the lower low? This okay fine lower and [music] then we're talking but this is the lower low for the entire trend. We need to see a shift of structure here. This is the high and another high. This is a consolidation.
We broke down. We need to break down below here. Need to do one of these.
Then we do one of these. And then we fully reverse. There we go. This right here is just enough to kind of make it come to here. And that might be enough, right? That might just be enough. We might not even This might be done. And if you watched my video this afternoon on Bitcoin, the average dip is only like a few percent. This one. This one. This one, this one, they're all fairly the same size. So, you know, and this one is no different. The current dip is no different. So, maybe it's almost done.
Maybe it is, and we're overexaggerating, right? And we continue up. So, don't front run. What you got to do is not front run, which means getting into positions, especially shorts right now, with no indication of a reversal. There is none. I know synergy signal right now is screaming short, but I'm I wait for market structure. This has got to give me the first uh clue as to what I should be doing next. And it is short, but I want the structural reversal. I need to see this thing pump, fail, and reverse and make a lower low. That's what I want to see. If I get this, I'm all in shorts. That's it. Done. We're cooking after. We're going to come down and short it all the way down to here. Okay, just be ready. But I think that we might go up for one more move. Okay, not financial advice, guys. Do your own thing. Please make sure you're you're you're well thought about what you're going to do because you're not entering fresh longs at from a position of strength. You're not you're you're kind of late to the party. And not only that, shorts are not in your favor either because there's no market structure shift. Okay. So, it is what [music] it is.
So, you got a bit of Ben. Okay. So, I'm giving you a bit of a little bit of this, a little bit of that. How's it going, Orlando?
Yeah, I'm in along, too. I'm in a few longs, but good risk-to-reward ratios. I got in like pretty much, if you get on lower time frames, it'll show you where like more or less I started entering my longs. Um, I got in like right around here. Sorry, not there. Right around here somewhere, but multiple longs on different projects. Right around here.
I'm underwater right now. I get it. But I'm okay. I'm fine. I'm not hurting.
This is This is where I'm at. This is the level. Okay. Now, if we go back to my old chart, give you uh maybe a different viewpoint of what I'm doing and what I'm I'm using on a daily basis.
Today was rough, guys. It was nothing. I was, you know, trying, you know, to see something. But when we This is what I came out with this morning. We're at inflection. We were like looking this reverse came down. It was brutal, [music] guys. But we It was well planned at least how it came down right into here. I wanted support here. This is what I wanted support. I wanted a rounded bottom. Did we get one? No, no, no longs. No longs. I didn't go short. I h I have shorts open. You guys know that I have two shorts. One from 116 116 and one short from right around this level about 81,000 more or less. That's my average price right now. So, I'm okay.
But that's a margin position. It's low leverage. It's nothing that like, you know, fun. Well, guess what, guys? This confirmed the shift structure. We made a lower low and a lower high here. The only way I could really get bullish, which is very nice right now with this V recovery and this retracement, is if we snap above 81K, get back to 81K, accept, back test spring, close daily candles, do your thing, and then we start moving back up. This was the sweep. And we had a great conversation today. Let me just quickly put this in the middle of the screen so you can see why I said certain things. [music] Can you imagine that this is the same chart that I just showed you on the other one, the same fractal? [music] Doesn't it look different? And depending on how you analyze and you you put your lines, I just gave this a different look, a different completely different perspective because it is currently [music] dealing with a consolidation. Um, and it's not so much symmetrical anymore. We actually came down here. So, this is no longer valid. This morning, this was still here. I'm like, you know what? We could be consolidating symmetrically, which usually leads to a bullish breakout continuation. Well, it's no longer symmetrical, right? That was that was what it is. Now we can say we're kind of like I should have left that on but all good. If you connect these two, we're kind of like on a downtrend. And that's that that could be like a bull flag scenario, right? We've seen these before. How much lower do we go? Right here we went sideways on this flag. Here we're kind of going on a retracement on this flag. How low do we go on this retracement? I don't know. But I'm telling you this. At least we're more or less at a bottom at a good levels.
Remember the inflection, the bullish back test. This is called a bullish back test, not bearish, guys. This is bullish. I hope you guys know why.
Because here you can get in from a position of strength. Here you're seeing inflection. Here you're seeing support on the previous order block. Here you fell through the imbalance. This is where you should be excited because if you get a shift of structure here, a reversal right here at this [music] bottom, the bullish back test came into into fruition and you actually got into the bullish back test. This is called a bullish back test for a reason, right?
So, this V recovery was very nice. Let's see what happens here. We're looking pretty bullish right now. I'm not getting overly excited at all, but as of now, range highs is your target. Okay, three touches. We're at one, two, and maybe one [music] for more for the third and then maybe a breakout. Maybe we we come back down for a fake out and continue. Lot could happen, guys. Trade the range until proven otherwise.
[music] The bias right now for me is bullish because we're all the way down here. My bias up here was still bullish only if it closed above the range. And like I said this morning, I needed to see the price [music] get back above here. You know, we we were at this roundedness. I put this rounded bottom because like I wanted a rounded bottom.
I wanted to come down, make a higher low into a rounded scenario and then and [music] then I would start getting long.
We came to this level and we started dripping. Uh-uh. I can't do nothing about that. Now we got to reclaim. Now we got to we got to this is actually no longer valid. Forget it. And [music] this came came to fruition pretty much.
This is like kind of like hey we could probably [music] still use this for the future if we get back above. This came to fruition actually perfection, right?
Like there's nothing else to do there.
Um here this is a little bit iffy. Um almost like not worth putting leaving cuz it's just clutter. And [music] this is if we keep on breaking down below this horizontal guys expect continued distribution because again we made a lower high and we made a lower low here. What does that equate to? A trend trend of direction [music] downwards but it's in a retracement impulsive move retracement. [music] ABC correction ABC three waves down. Maybe it's done and maybe this is the retracement that we needed after an impulse. Maybe we go for another impulse. [music] And now I know I'm talking bullish, but the reality is that's what it is. Now, if we kind of roll over dead cap bounce, we can we we have some levels. Again, like I showed you, we do have levels that we can make it come down [music] further. Do I need all this trend line liquidity can get hunted back to about 71,800, which was the breakout out of this range. Okay, that's where I would be worried. Coming [music] down to 75 to about 71. This whole level, this would be a breakout too. And this one would be a bigger one.
And look at all that volume right here, guys. So, this is what we're watching.
These levels, these levels, these levels. But in the meantime, this could be just another one of these.
Okay, that's it. Why not? Is there anything different between what's happening here than what happened here?
[music] We ran this up like champions.
Well, guys, I plan on doing the same thing, running this up like a champion, but this time I'm going to be a lot more aggressive with [music] profit taking.
Just throwing that out there. All right, guys. So, that's that. Synergy signals doing great. We've been, you know, doing our thing. We're oversold. Momentum is still in the uh, you know, in the in the bullish side of things. Volatility got oversold and now fully reset. I would say [music] longs are in your favor tonight. I don't know what the Asian market looks pretty strong. It looks like it wants to get a bit of a bounce.
All right, guys. If you have any projects you want me to cover, now is your moment. Let me know. Let's find some [music] fat rounded bottoms for those of you that are looking for opportunities. Now we got to be looking for those rounded bottoms, passive accumulators, strength, floor prices, you know, good invalidations, good risk-to-reward ratio opportunities, positions of strength. Everything that you look for when you look for an entry has to fall under those categories. All right, so let's begin.
Let's take a look at Barra. Bara chain.
Honestly, Barra made an enemy out of me. you know, just didn't treat me right.
This was one of the projects that I farmed. Okay, it was about two years ago, whenever it was in beta. I farmed.
I was like, "Okay, I want to, you know, many of you may not know I'm the type of person that really likes to get involved into things." So, when there's a new narrative or a new concept, I like to get involved. So, when there was meme coins, I created a memecoin.
When there was AI agents, I created an AI agent. I do I don't market them to [music] try to raise liquidity off off my community. That's not what I do it for. I do it so that I can learn and I can report back to you [music] guys. And and I and I learned so much about pump phone contract contracts, the limitations behind them, why they're [music] really bad contracts. I learned about the AI agents, why they're really not even AI and why they're not decentralized. I learned so much.
Remember uh Donkey Dong when I released that thing? It's still there, by the way.
still there. And I learned about Top Pad and Wu [music] and all those those those clowns, right? And I get involved, right? I got I I created my own NFT project, guys. I don't even talk about it anymore. My NFT project was actually it's something that I'm quite proud of because of the technical um implementation. I I went fullon from a tech perspective and I learned so much. I use Filecoin, IPFS, I created my own engine to to randomize the NFTs, but you don't even know the metadata that I put into that. The amount of effort, it was actually a great learning experience. So when I speak about things, I don't just talk about I don't just regurgitate things that I hear online or whatever. I I actually have experience and as a developer in this space for so many years, I can actually talk in firsthand [music] experience.
Barra was one of my projects where I said, you know, I'm going to start I'm going to farm. I did farming in the past doing this and mining. I'm like, okay, I'm going to go to give it a shot, DeFi.
I'm going to go and swap. I'm going to do this. So, I spent a couple months, you know, dedicating to go and [music] do it. When it came to time to get the airdrop, guess what? They gave me nothing, guys, because apparently not everybody qualifies. Get the heck out of here. I'm never doing that again. What a waste of time. Farming is a waste of time, guys. throwing that out there. You learn a skill how to trade, you guarantee your return, right? You know how to eventually with a winning strategy, you can do well for yourself.
You don't need to farm and hope that the team gives you some. Get out of here.
That that really got me upset. That really annoyed me because time time for me is means a lot. So, I solidified my my my reality that I don't want to farm any projects. I don't care if they're in beta testing and they offer me whatever.
I don't care. Too bad. You don't treat your [music] community like that. Put them on on on track on something and then just not give them anything.
All right, [music] so here we are. This is where I was giving, you know, Barra a lot of attention and this and that. And I was like, okay, is this a buy the dip opportunity right into here? Well, this was it. This is where we were supposed to get in at a good position of strength. And guess what? [music] We hung out there and dumped over. Was over after this was done. I never talked about it again. But luckily, this is where you could see how important it is to buy bottoms. This is the position of strength. Buy the [music] dip opportunity here. Stop loss. Take a small loss. Fine. You live again.
[music] Imagine if I would have bought up here.
Absolutely not. Okay. Now, [music] now that we're down here, we have to reevaluate again. What do we do? What's the difference? What's the key difference? Volume. Look at that.
Look at the difference. What are these goons doing down here? There's somebody's having a party. A party in the basement 100%. Look at this. So, there's something happening. I don't like this wick. That's pure manipulation. Exit pump. I don't like that market maker. Exit pump. But what's going on here, Farah? You couldn't hire a proper market maker. What's going on?
Look at this. No, just because of that, I wouldn't buy any cuz that means that somebody's manipulating something. Look at this wick. It's crazy, guys. And this is where on what on Binance out of all exchanges, forget about it, guys. The depth of liquidity should be there. Be there. If there's any exchange that should have the depth of liquidity, it should [music] be the Binance. It should be Binance. And if they can't provide enough depth to prevent this from happening, well, either they need a proper market maker or this thing is just a scam. One or the other, right?
So, I don't think it's a scam. I just think it's poorly [music] managed or something's up behind there. Uh it's at the bottom of the range, guys. If you're going to be buying, you have to buy now and slap a stop loss and don't buy [music] anymore. That's it. There's no there's no analysis. There's no need.
There's nothing to say you're buying here because there, [music] you know, it is what it is. You're at the bottom of bottoms. You're going to buy some. If it comes below this yellow line, get out.
That's out. Simple, right? There there's no even point to get on lower time frames. There's no point of doing Fibonacci. There's no point of doing any type of analysis. The only thing that you might say is, "Okay, maybe might I have to endure a dip." And what kind of dip will you have to endure? Well, if you get rejected right here on the 200 exponential on the 6-h hour, you might have to endure a little bit of a dip if you do come down. [music] And if we come down to invalidation, you're looking at a, you know, a 16.5% dip. Fine. Make sure your position size is small enough to afford a 16% hit on your portfolio.
So, if you [music] I if if you get into a $100 trade, let's say, position, you'll lose $16.50, [music] right? It's not much. But if you get into a million-doll trade, you get my point. Make sure you can afford the loss. That's it. That's the most important lesson. Afford your losses, guys. When you get into a trade, just make sure you can afford the loss. And what what does afford mean? Afford means a loss should not represent more than 2% of your entire portfolio. Do your math before you [music] enter. Position size yourself accordingly. That's it. There's no there's no need for TA here. There's no range lows done. Rounded bottom passive accumulation. If we get it, we get it. And if we don't, get out. If we do, this is the best time to buy. And you got to be fundamentally bullish. To be honest, I I don't like it. I don't like it at all. I don't even like its marketing branding, its image, it's cartoony bear. Why? What makes you think I want to, you know, invest or do any financing with a a cartoon bear?
I want something that looks legit. I'm not going to be put doing finance put my finances, a guy like me that's been in this space for years into something [music] that is marketed for a 5-year-old. There's no way. Absolutely not. Okay. So, it is what it is. a little bit of a you know a sour note in my voice maybe in my words but I am I am a little bit bitter on Bara right now to be honest so take that take that um context all right let's move on no barra for me no bara no bueno okay um what else do we have here we got Gregsky how's it going let's take a look at >> [music] >> um loving it you like get that that that I talk about the good, the bad, and the ugly. I'm not just always I'm not like that. You guys know I'm bullish. I'm I'm I try to be as I share my experiences.
So, if I have one point of experience that I can bring to the table and share with you, then that's enough for me. In fact, I was I was farming Barra on all their DeFi, lending, borrowing, swapping this and that on two machines, two different on on both in my office and in my studio just so that I can get more action going and learn more and get [music] more coins and get more this. I forget this was two years ago or something. Let's forget about it. It's a waste of your time. Learn how to trade and and and and and [music] clock in your your miles that way.
Forget this. How's it going, Eigor? Good to have you here tonight. Uh [music] KT Chong, how's it going about XRP? Let's take a look at XRP. I I I want to look at Shido. Okay, so Shido's first, so I'll do that one. Up on the list, guys.
Guess what? Now that I have your attention, listen up. Okay, this is my plan for Shido. Okay, you know Rayqua, the legal counsel for Shido, part of the core team, by the way. Okay, I'm going to uh join his his um what's it called?
His his space on X on Sunday. I hope I remember. Can somebody please remind me cuz [music] I'll forget. Go into Discord and remind me. I told him to remind me because my brain is everywhere. I'm always busy doing stuff and if I don't get told [music] what to do, I'll forget. I'll be locked in on some code somewhere and then I won't even know what's going around me. But I want to join and I want to support their community. I want to see what they've been cooking. [music] But in in addition to that, I want to invite Rayqua to a basically a podcast type of interview with myself and how how trades. [music] We're going to do it on the crypto corner. Guys, the crypto corner is leveling up. We're doing our best here.
A couple things that I want to bring to your attention. [music] Number one, the crypto corner, we're slowly warming it up, slowly doing our things. We have very few subscribers. I would we would really appreciate it if you would give us some support and go subscribe on the crypto corner. We have the green hornet there releasing videos every single day the liquidation levels. We [music] got to trades. He's live every single day talking about markets and giving you the updates. I'm there every single week on the Saturdays giving the weekend review of all the latest crypto news. Okay, we got lots of good alpha coming in all the time there. And what I want to do is start introducing a podcast where I invite members of core teams to the podcast [music] and we answer a simple question. What is web 3? What is web 3?
Cuz for me, I think the definition of web 3 right now is the most misunderstood. And it's not because I don't know it. It's because I don't think even know I don't even think this industry has defined it well [music] yet. We're still in development.
So you know what I want to invite every in the series is going to be called what is web 3 and I plan I plan on bringing one of the core team members or two or whoever wants to join from shidto to that podcast guys if that interests you feel free let me [music] know maybe I can make some noise for some other projects to do the same thing with and she's right on my list so feel free to join the uh spaces on I I think it's Sunday he does the spaces Um, and then I'm going to be gearing [music] up to invite him. I don't know when Tao and I are going to do it, but we we're we're slowly getting there.
We're getting everything ready for that to happen. I think it's going to be great to learn from the actual members of the team and tell us exactly what they've been cooking and what and how their project actually represents web 3.
Okay, so that's cool. Let's take a look at Shido.
Cheid is a small cap. Set the context.
It's I think uh sub $6 million market cap 10 million. Let's put it that way.
Let's put it let's actually be real about this. Okay.
A guy like me, a guy like me at my level could easily manipulate this chart very easily without a market maker. I can go in here, put some money into this thing and pump the price and [music] manipulate it. What does that mean? That means that anybody with any potential [music] wealth could actually come in here and make some noise for this chart.
Okay? [music] So, we have to understand that this is possible. Look at this really aggressive move to the [music] upside and to the downside and to the upside and back and forth, back and forth. All it takes is one [music] whale to come and do that. It doesn't take much. The benefit is [music] this. The benefit is is that you have a project that is cons consistently cooking. Go check them out on X. What they've been releasing, they got AI, they got DeFi, [music] they got uh DEX, they're now bringing E.
They have EV compatibility. [music] They have they're introducing something right now crosschain I think with Salana. I think they right now have a Salana integration if I'm not mistaken.
Something crazy like that. I think Raycon was telling me they got something cooking in the background right now.
So, this is an opportunity to see a very small project cooking in the background.
Now, every time I I call a bottom, generally speaking on Shidto, we pumped.
I called the bottom here, we pumped.
[music] I called a bottom here, we pumped. I called a bottom here, we got a bit of a pump after a bit of a downtrend. Guess what, guys? I'm going to call a bottom again here. And I would even say be prepared for another sweep like we've done here. But generally speaking here [music] guys, Cheeto is a good one. Now I just wanted you to measure or we'll me I'll measure and I want you to see the relative pump. What is it on average? We'll be [music] modest about it. Okay, from here like every other move. Let's say on average right in here to about here. Let's be modest about it. Okay, it's 75%.
Could it be possible that maybe we get up to 100? Could we double our money with one go? [music] You had the opportunity to double your money almost three times here [music] at take taking your initial investment off the table and I we did it securely twice. Okay. Now all of a sudden you're compounding. You're building a position.
You take half on the double and you buy the dip with [music] that that half on the d that half that you took out. You buy and you accumulate again and you keep on compounding compound. Right here you would [music] have doubled or tripled your position size. Now we're back at these levels again. Back at a level. Now, could we get a nice rounded bottom down here so we can get into a passive accumulation [music] range for another bounce? I guess guys, it's all dependent on what the market conditions show us. If Bitcoin starts to show strength, this thing is going to pump.
Now, I just want to also bring it to your attention that this is a $5 million market cap project, guys.
Okay? [music] It could 10x and still be 50 million.
Okay? 50 million market cap is still a micro cap and still 10x.
It could [music] 100x and still be $500 million market cap which is still considered a small to mid.
So what I'm trying to make you understand [music] is where risk present represents reward. A small amount of capital at these bottom ranges can actually yield you a lottery ticket.
That's how it works here [music] in this in in cryptoland because a lot of people buy these projects during bare markets and we get into parabolic crazy runs and [music] when it does pump people say, "Oh, you were lucky." What are you talking about being lucky? There's no luck right here. This is just about buying these bottom ranges and slapping a stop loss and walking away. You're not buying any tops. Guaranteed, right?
[music] We can agree that this is not a top. You're not buying any tops right here, right? We can all agree. We don't know if this is the absolute bottom, but we can all agree you're pretty much buying a bottom. Fine. We can agree on that. We can agree that the the sell-offs in the past where we've seen other altcoins suffer, [music] this thing didn't make a lower low.
Where's the lower low? Whereas if you [music] look at every other project since last April or a whole year, go look at all the other charts a year ago from April [music] what they look like in comparison to Shido. Eido's going sideways. No lower lows on market structure.
Lower price achieved.
And right now we're [music] at we're hitting a base. So what I say is this.
If you're looking for lottery tickets, if you're looking for a day at the [music] casino, I rather pay into Shidto, buy a ticket on Shidto than buy a [music] ticket on any memecoin out there. Why? Because if Shido pumps, it's going to pump hard. And this is all be based on factual numerical values, market cap, guys. It's a micro cap. Now, if you want to have a bit of confidence in in in what it is, go check out their X. go see what Rayqua the team is doing, what um what what what they're all building because they're continuously building and releasing updates on what Cheeto's cooking and and you'll notice that they're non-stop. Literally nonstop. Maverick always updating stuff.
There's always things happening. Go check them out. So, my verdict here is this. I don't know where this is going to go. I'm not a fortune teller, but you're buying B bottom ranges on a small cap that could pump and they've endured a very rough market. Okay? And since back here, since 2024, you got to admit, yes, they took a hit. Um, but really in comparison to other charts, it's not bad. Remember, this is a lot older than what we've seen. This is since 2024.
Look at what's been happening just this year. Flatline floor price.
So, and the volume is picking up. So, it's not bad. I would be taking puns here all day long. Okay, I'm just throwing that out there. Full disclosure, I do hold bags. Full disclosure, I did do um uh sponsored videos for Shidto in the past, okay? So, they liked my content. They reached out.
They said, and I I was supporting Shidtoid for a long time and they they liked what I did and they liked my my my vibe. So, they sponsored some videos. I gave away Shidtoid tokens um courtesy of the Shidto team and all that good stuff.
and and since then, you know, Shidto and I uh the the team and I have always been in in contact. Not only that, I have my own node on the Shidto network. Go check it out. You can get on to I forget what the Kelper wallet and you can see that I have a BTD crypto node that I'm staked up on there. You're more than welcome to go check it out and see my commitment to the Shidto um blockchain. Okay, so that's that. Um yeah, good levels, fuller prices achieved, point PC achieved, everything achieved. Synergy signal is not going to give you much of an edge here. I'll be honest. Where' the indicator go? All of a sudden, Synergy Signal is gone. Okay, we got to get it back up here. Let's see. Trips right here. By the way, guys, you want Synergy Signal right now is the time to get it right now. It's on a fire sale.
The sale is going to probably end tomorrow. I'm just throwing that out there. The bundle is done. Okay? If you want to get in, you got to get in tonight. Literally, cuz tomorrow morning, I'm going to be back at it. I have some uh confirmation emails that I want to design for people that subscribe and some other little marketing things and and then it's done. That full launch is ready to go. So, if you want it, you got to do it now, guys, before I start changing the system in the background in the back end cuz then uh prices will change for for good. Okay. So, look, pretty choppy, pretty stable. As you can see, momentum stuck right here up and down, up and down. It's a good floor price.
Um let's see.
Let's see it.
So, if you're looking for uh No, it's a it's not listed everywhere other than Mexi. Um, and you can get it on uh it's EVM, so you could probably get it on on on the DEX, but it's on Mexi.
I want to see if bit will. But yeah, you know, if They are they are listed on on Nexi, but check out Coin Gecko. And but that's the thing, guys. Once you you get all these um projects listed on exchanges, it's too late. You know that, right? You want to get before they get listing cuz they get volume when they get listed. This is new. Like this is this is the moment where you know it might just literally pick up and run.
Again, not financial advice, guys. I'm taking as much risk as you are. I have no insider information at all other than what I just told you right now.
Everything that I just told you is everything that I know and my relationship with them is full transparency. Okay, so that's that.
Um, what else? What else? What else? Uh, what else do we have here?
XRP. Let's do that one. XRP for the XRP clan. What did the What do the XRP community call themselves?
Do they have like a like a a name for themselves? You know, like each themselves crazy XRP army. There you go. Chaotic Knight.
Thank you, buddy. I knew I knew it. I'm like, what? What? And and it just kind of slipped my mind there. Okay, you know what? It's not bad here. Holding up.
Holding up. So, the initial analysis was this. The storytelling begins right now.
We were consolidating. This was the invalidation. I was calling shorts. XRP shorts, Salana shorts and [music] one more shorts all here. Those were my three picks for major shorts and they all fell. Why? Because of the imbalance.
They all fell [music] all through this imbalance. Then if you look at theoretically and you look up, you know, the value area high, value area low, auction, um, auction theory, [music] you start to realize that the mid-range of an imbalance sometimes [music] could act as support. Well, we did have some bit of confluence. Well, we had the tip of the wick. We had the previous Hold on. We had the previous previous impulsive moves here that will be get defended. Okay. And are [music] currently getting defended. And as we kind of like consolidated here, we've been building a bit of a volume. Now the concern is this. Now this is the storytelling [music] continues. The concern is this is if this doesn't turn into a bare flag, we might get a bit of relief here. Even if it's a bearish back test. Why would I call it bearish?
Because if we actually cause a reversal here, which I can see a shift of market structure here on XRP right [music] now, it's going to look a bit bullish this analysis. I'm just throwing this out there right now. You can see that there's an imbalance and we'll talk about the structure in a second, [music] but if we can break out, we're going to get into this level and and basically basically [music] hunt break out traders liquidity. People that got in on the short right here in the last minute, right? These people got every single confirmation necessary to go short. And technically, the market tends to hunt them first. So coming back up to this level, hunting that liquidity and then coming down is very possible. So let's make this a little bit formal because I want to make sure this anal analysis sticks here. Rejection, lower low, failed, breakout, rejection, bearish back test, all that kind of stuff. Now after that we [music] can say we could actually break above which is valid. We break above, we back test, accept, spring, and we start moving right into this order block. There's a bit of volume here. This is why I'm calling.
You see this volume all into here. That that level is all because there's a lot of emotion here. We could definitely act as a level. After that, you start flying, guys. Alltime highs, price discovery. This is the most important place right here. This is the inflection. If we can get back above and back test in spring, we're cooking. If it goes up and gets rejected, get out.
That's a bearish back test, right?
That's basically what happened here, basically. So, what I would say right now is prepare to trade what you got.
Entry here, exit here, 26%. A forex leverage position, you can double your money, take your initial investment off the table, and let the rest run. Easy.
Easy, easy. And forex is not even that much leverage on a large cap. Just think about it. Okay. Now, let's talk about the market structure that we're seeing here.
All right. Let me get myself acquainted what I'm seeing right here. Right.
follow along. I don't even need to speak. You guys should be able to follow along with what I'm seeing.
All right.
So, the only thing that I can tell you is let's start with the basics. Number one, divergences are there. They're telling you, okay, there could be signs of exhaustion from the bears. The bears have been making lower lows up until here. Up until here, we've been making lower lows. The interesting part of these lower lows is that they've been melting to the downside, and we've been [music] getting class A bullish divergence on expansion, on momentum, and on order flow. All three signals of momentum shift are now screaming pass a bullish divergence. Fine. We don't trade divergences [music] but we are aware of them. Let's put those aside. That is right now. Very good. From there we shift into market structure. Okay. Well, since they've been showing signs of exhaustion, right? Or better yet, the bears have been getting absorbed here at this level by passive accumulators.
Essentially, what we are doing is seeing this thing move up and come down for a back test. This is a bullish back test.
back testing this previous order block.
Look at the volume right here. Look at the confluence that you have right here.
Okay, I'm getting a bit messy. Let me just do this properly. I don't want to get overly um floppy here.
Then we come back, we can actually read it properly and and and [music] learn from what I the mess that I make here.
I want to confirm. I want you to see that the the volume right here is what's very good. Okay, bullish back test. Then we made the higher low. What else do we need yet here to confirm a change of structure, a change of market structure, one more thing is left, the higher high.
That's all we need, a confirmed higher high. Every attempt so far failed. We made a higher low. All we need is a high for a change of character of market structure. Essentially, we need this exactly what I showed you earlier. We need to get above. We need to start breaking. Once we break, you're a breakout trader, by the way, guys. If you're go getting into this now, you're pretty much a breakout trader. But once we break, we need the volume. And what I like is once we break, we're going to get follow through from from this divergence cuz as of now, it's saying, hey, we're going to we're getting bullish. We're getting bullish. Okay, but when well, when we make a higher high, we already got our first signal that the when is coming with the higher low. When we confirm a higher high, that's when it happens. That's when we get the last signal, the cherry on the top that we are finally shifting directions from bearish to potentially bullish. Now, you know why breakout traders get hunted? Because they get everything handed to them on a platter.
Every single indicator, every single setup, every little confluence, every every the language, the the chart is literally screaming at you, go long.
However, if you don't take profit, the first place that the market tends to hunt is here. Why? Because everybody's going to see this. This is going to be so easy to trade. But you better take profits, right? Because it's likely on a again on a back test pump. On a back test, we come back, hunt, and then we see what we do. If we go back above, back test and spring [music] or we come up, get rejected. If we get back into the range on rejection, forget about it, guys. That was a failed breakout. It would be [music] accumulation, manipulation, and then distribution. And then guess what? We come all the way down through the big imbalance that [music] we saw before this one all the way down here after an AMD. Right? So this is the moment of truth. If if XRP can bounce out of here, we take profit here. [music] We wait. We wait because here you could wait to see if it goes back above. So what? You're going to sacrifice a few percent. Who cares? Sacrifice it for safety. Get out.
get back in on a back test [music] confirmation. You get back in on a a daily candle close. You get back in on a on some [music] sort of, you know, feeling of volume that participants are backing the move and then you get [music] back in and then you continue.
But what about if we get rejected, guys?
If we get rejected, we're going to have to come down, confirm that it is a bullish back test. [music] But if it gets back into this range, it is a fake out. It is au completely manipulative move [music] preparing for uh distribution. and then we fall down here. So, this is why it's so important that you have your plan and this is what I do every single morning with premium members. [music] We talk about Bitcoin and we prepare for what the day is going to present. And right here, this is probably the best chart of the night so far. I'm going to clean this up and I'm going to put this on the Discord [music] right now for in the general chat so you guys right now can go and take a look at it. Um [music] uh so that you don't have to rely on just this visual. I'll put it right there. I'll take this. I'll take a picture of it and put it right in the general chat right there on the Discord right now. That for you. Copy right now in that general right now. It look done of the night right here. XRP.
That's it.
Great. All right. [music] On to the next one. XRP army. James, are we are we the XRP army? No, I'm not an XRP army.
I'm not, you know, I do hold some XRP, but I got into a good level, but uh not uh full on on the ISO narrative. Not I do hold some I hold a bit of Quant, a bit of XRP. I hold a bit of H bar.
Actually, my biggest bag is H bar out of that whole narrative.
Uh JL clarity tomorrow please tell me um this is not a you're not trolling me or anything because I've been hearing clarity clarity honestly I I am ignoring this clarity business because all I hear is this clarity is coming clarity is coming and it never comes. I feel as as lost and unclear as ever before in my life in trading and I've been here since 2017 guys and you know I I I don't know it is who said pen the pa who said when is this breaking news okay hold on is this breaking news that it's coming tomorrow let's see what's coming tomorrow I see Wells Fargo I see I see I see I see Coinbase I don't know I see this dude 30 is key step towards making I heard this already weeks before 10:30 EST. We're going to be getting the clarity. Oh, this dude this dude's coming in. Okay, let's see. Is it him who's going to bring me clarity? I don't know. But I don't know what kind of clarity we're getting, guys. I hope you're right. I hope I don't see anything. Don't you think it would be trending here on my feed? Or maybe not. Maybe I'll get it a little later. I don't know, guys. I hope you're right. Uh I want clarity. I want as much clarity as possible, guys. I know I know we need it, but I don't see any clarity right now. Uh, officially July. Okay. Pa, I'm laughing because I've been hearing this so much. It's in the Senate committee. Might pass that tomorrow. Okay. Sickle. [laughter] Still has to hit the floor. It's got to It's got to hit the floor. It's got to hit the this. It's got to do. Honestly, I'm so done. I'm so tired of of waiting for this clarity, guys. I I you know I just you know what gives me more clarity? Tequila. That's what's been giving me a lot of clarity lately. Guys, if I've offered you any value in this live stream, do the channel a massive favor. Slap the like button. It does really help out with the algorithm. If you want to follow me on the socials, the links are in the description. Better yet, guys, join the Discord. The Discord is where it's at. Lots of good alpha trade setup, fundamentals, and learning material. The best part is it's absolutely free. Take care, guys. Have a good one. And don't forget buy the dip.
[music] [music]
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