Will Stocks Crashing Take Bitcoin Down With them? [Here's The Trade] Transcript, AI Summary & Key Points

00:01 Yesterday we saw Kevin Walsh do exactly what was predicted within the markets. In terms of the prediction markets, of course, they were going to raise the interest rates. That's exactly what happened. But it was the speech that came after which was very hawkish and consequently we saw the stock market drop down immediately as he was speaking and a lot of that has started to recover in the overnight trading.

00:19 So that's the real question is right has the market shaken off the worst or shook off the worst? Um and if not, is it going to take crypto down with it? because crypto is actually or Bitcoin I should rather say has held up pretty decently. So um you can come and vote. Let me know what your thoughts are over here. Come to into the poll section is the worst over in terms of the downside risk.

00:39 Let's say more specifically for the traditional markets as opposed to crypto because the traditional markets are the ones that have got into sketchy territory. So votes over there. We have 28% of you that saying yes it's going to bounce now. We have 37% of you voting um no it's just begun. The downtrend has just begun over here for the stock market.

00:58 Remember the low time frame is in a downtrend, meaning like the hourly, four hourlys, but the high time frame like the dailies and above are still very much in an uptrend and they have come into key supports, right? So, may as well address that while we're on the poll. Um, but you know, could it be could it be the start of a downtrend? Well, if you do put in any kind of a lower high off of the next bounce, well, that would be your indication that probably and then 32% of you are just very confused and unsure, right?

01:20 Which is what you voted over there. That's fine. That is your neutral option. So once again, evenly split amongst the masses over here. So let's get into it. Let's have a look at things over here. The um hourly charts are still kind of pulling back. The dailies I mean are green, right? Crypto is green over here on the dailies. The weeklies half and half.

01:38 Half the coins are green, half are red. And then the stock market's pretty much the same. Half green, half red over there. So how do you make sense of this and what's coming next? Well, first and foremost, just looking on the economic calendar today, there is the Fed manufacturing index and unemployment claims coming out. But it's not considered high impact, medium impact over there.

01:57 And then just looking at the next probabilities, looks like they're going to keep the rates high, right? So over here it's already 50% chance that they're going to keep it at 375 to 400 and a 49.8% chance right now that it'll go up again, right? Another interest rate hike coming up. So we'll see how that plans things out or pans things out. But in terms of what it's done for the 10year and 30-year yield, not much.

02:22 These still look very very very strong. Holding up over here. Let's just quickly check the sound. Wait, is the sound good, guys? One second over here. No, we're on the wrong sound. We're on the wrong sound. Um, one second over here. Thanks for the comment. That should be good. All right, cool. Uh, amazing. Apologies, guys. It was on my laptop sound somehow.

02:41 So, um, we are back on the magic mic now, right? So, here we go. Uh, okay. So, 10ear yield, 30-year yield. If you have a look at this over here, still very strong. This looks like it still wants to rerate higher. The 30 year is coming down slightly. That could pull back significantly, but remember the overall trend over here still very much higher highs and higher lows.

03:00 So, I think it's one to watch, not over the daytoday, but over the coming uh weeks and months, right? We're going to have to pay attention to this uh to see what the Fed does and how they're going to try and take control of things, right? If we go on to the individual stocks over here, we can have a look at the Dow Jones, which is probably the most heavy hit of the lot.

03:17 We spoke about the significance of deviating a major high and the possibility of throwing back into the 50% level. Is it possible? Yes, it's still possible. If we do see continued weakness over the course of today, I do believe this will be a buy the dip opportunity. So remember, we took most of our profits coming into the highs over here. What I'm going to be looking to do is I'm still holding 25% of the original trade that was over here and I want to add that back in now.

03:43 Right? So if we get this into there, plan is to add that back in. I have a bunch of other trades on the table. We'll go over those as well in a minute to see what to do with those and how to manage those. Um, let's start off with the S&P 500. Here it is. S&P 500 looks very different to the Dow Jones, right? The S&P 500 has actually been mostly strong.

04:00 You threw back pretty much perfectly. There we go. Into that 50% level. If we anchor the FIB from the low to the high, you've thrown back. You've tested that level. You're holding it. You're bouncing. And you have this down sloping trend line. I guess the first strong candle that you have marking through that trend line at 7,716 would be the level, right?

04:18 If you get into that zone, call it 7720 into that zone over there on a closing candle basis, you probably have your full confirmation that this is the high low. Now, of course, if there is a bit more fear in the market later today and you do something like that, probably still going to be another opportunity, but for the most part, I'll be viewing this as higher lows in the making over here.

04:39 So, it's just a question of where that higher low forms somewhere between those key fibs over here. And I think that already it may have shaken things off and we're going to see the market later on start to push towards the upside over here. And if it does break through that, that's your signal. This was the buy the dip opportunity and you're going to see uh this most likely move to new highs.

04:58 The next one to look at is of course the NASDAQ. Here it is QQQ. So, you've come into the key support. We had a very tight trade on there. I told you I'm not stopping out of my trade personally, but looking to allocate into this triangle over here. So, I'm still holding everything entirely. And the overnight trading, you can see, has already bounced price up from what was um the 704 on the close yesterday, almost up 1% to 710.

05:19 And if you can close today's candle when the US stock markets open later on today, green, and then tomorrow is also green, that'll probably be confirmation that this is a big um support level, which we look for that support between the 0.382, the 50% level, and in a more extreme scenario, dropping down to the golden pocket. So I'm happy to hold this trade.

05:38 I am um uh on low leverage in the form of uh QQQ3 which is this chart over here. Right. So this is the trade that I have on the table. It's pretty much the same thing. I'm more just using the NASDAQ which has more chart history as a clear indication of what's happening happening next. Um and again this is just compressing. So I'm looking to uh build positions into this uh pending a breakout over here.

06:03 That should get things moving nicely towards the upside. I have another trade for you guys today as also. So, don't go anywhere. Don't don't lose um focus over here. We're about to get into that. I know Hardis is in the background. I can see he's got his phone open ready for the trade over here. But we'll go into a few more things. Let's go into very quickly the mags.

06:20 Um the mags are still hanging around here, right? So we said yesterday that if a lot of the the fear around the news events that are going to be coming out um you know doesn't shake this trade out and instead prices are still holding up this is going to be a strong indication a good indication and that's the case right you can see the close 69.52 overnight trading already trading up to 70 which shows that there is some bullish absorption taking place in the face of what has been a pretty hish event at the FOMC.

06:50 So, as soon as we start to close those daily candles at about 71 over here on the uh MAGS ETF for your magnificent 70, we expect the S&P 500 to break through that resistance I just showed you, moving up towards new highs. And consequently, the MAGS trade should play out. And I'm on the uh MAG X, right? I'm leveraged on the MAG X position over here, similar to what I just said on QQQ3.

07:14 And I'm hoping that we get that breakout very soon, right? So we're looking for something like this and then an extension up into the 80 to 85 region over here which is lining up with some of the key fibs uh key fib extensions that we have as measured move targets for this move. So all in all no problems over here. I'm going to continue to hold the trade.

07:33 Now we have seen one of the um of course uh stocks over here individual stocks pull back into a significant area and that's going to be the trade that I'm looking to take. So, um, since we have a lot of these trades on the table over here on two bit, I'll just quickly maybe I'll go over them very quickly to just show you where we at, right? Um, you know, keeping it real.

07:53 Are we in massive losses? Where are we at? Right. So, we got QQQ slightly down, but this has been building that position, scaling in down about 6% based on everything I've just shown you. I'm going to continue to hold that. Apple is still up marginally. Intel is up nicely. Bloom Energy is up a whole lot. MU is almost break even over here. Robin Hood has come down into a slight loss but still scaling um into that trade.

08:17 The the the grid is still valid to scale into that trade down to about 90, right? Um uh yes, I think it's 290. Does it show the current price? Well, we'll go over Robin Hood uh in a moment. Right. We have Palanteer also slightly down, but again, I think that one should hold up. And then we have um big positions uh in terms of P&Ls on Salana and Bitcoin because we took it pre the bigger move.

08:42 Right? So those are on the grids. If we go on to the individual trades though, which I just need to click over here. Let's go on to the individual trades. So we have some of the individual trades on the table. We have Apple and McDonald's short on McDonald's. Up nicely on that as well. We are up 45% almost, right? Really nice trade over there. And then we up on Apple as well, 34%.

09:02 So we can look to take another trade. The question is do we take it as a grid or do we take it as an individual trade? Let's quickly have a look if it is as if this trade is valid or available in the grid function. If so maybe I'll just take it on the grid but I'll give you the setup for the individual one as well. So first and foremost we're going to look for it and what we're looking for is AMZ Amazon and it looks like it may be.

09:25 We'll find out soon if this is on grid function. Yes, it is. All right. So Amazon is available on a grid. You let me know in the comments. Drop a one if you want the grid trade. Drop a two if you want the manual trade, which means that we're not taking it on a grid. I can do both. Drop one if you want the grid. Drop two if you want the manual, I guess.

09:45 Drop three in the chat if you want both of those. Okay? And then we'll go over those. Um, for now, while I wait for the chat feed to come through, and then hardest, you can just show me by with your fingers in the background what is the most voted for over here. Let's go over the Amazon trade. All right. So looking at Amazon, we said that we need to see this pull back more, right?

10:05 It was trading up here. It was a bit too high. We're starting to get into that territory. So uh the only thing I don't love is that you have this double bottom. Sometimes this is liquidity right for the taking, which means uh let's maybe leave that on. Damn. Let's go back. Let's leave that line on. If that is liquidity right for the taking and things do get bearish once again, you know, in an extreme scenario, you could see something like that.

10:28 You could take out those lows. You could come all the way back into this trend line, which means you probably have to have quite a wide margin for error or you have to have a multiaceted trade plan whereby you're looking to enter in two different ways. One would basically be you entering in over here looking for this support to hold and these lows to be defended and you're going to stop out very quick if it fails and then you will just consider re-entering if it draws down further.

10:54 Those are the two ways, right? I wouldn't necessarily add from here all the way down here. I think that's a little bit too wide margin for error. Okay. So, um the trade that I'll be looking at is just the uh bobbing and weaving and interaction of Amazon into this 200 EMA. Every time that happens, it seems to bounce. We can check it out on the weekly.

11:12 Uh you don't seem to really lose this weekly for very long. And yes, that was like a bare market. Reclaimed, recaptured, rode it towards the upside. Beautiful up sloping trend line. On the dailies, we're looking at the horizontal breakout level over here, which is going to be a bit of an SR flip, and it's confluent with that 200 EMA. So, based on what the rest of the market is showing in the terms of the US indices, I'll be looking for a bit of a reaction out of this zone, right?

11:35 So, we can just move this arrow up. We're looking for something like that. Sure, maybe it can drop a little bit lower, but I'll be working for the time being with this as a significant invalidation. Probably if you start to gain acceptance below about 234, I will exit the trade. So, for now, let me ask hardest. What was the um most requested? One, two, or three.

11:57 You don't know. He's just showing me empty hands. Okay, I'll do a grid bot. I'll do a grid bot. But I if you taking a manual trade, the way that I would take the manual trade, which means that you have to have less margin for error, is I'd probably zoom in. I'd have a look at this for example on the hourly time frame and I just wait for more strength to develop over here and for some of this downtrend to be broken.

12:20 Right? So um if you're taking the manual trade, let the market open, take out these highs, right? Take out these highs. The next throwback is going to use this as your stop loss. So this over here becomes a stop loss. This becomes the entry assuming that's going to happen. I'm not going to take the manual trade because we're kind of catching a falling knife over here.

12:37 So, I'm basically just going to scale the trade right now from uh the current price. I'm going to scale down to about here. Okay. I'm going to go down to about 234 and then I'll reassess if things start to fall a piece fall to pieces over there. So, my lower grid is going to be set at 234. Right? So, you guys can do this yourself. Um if you have a link for uh Tubbit, which is over here, right?

12:59 There is a link for two bit. They're giving a 10% deposit rebate for those of you that sign up. Um, and I think they have a big whale promo as well. Hopefully, this is still valid. Uh, where you're getting, I believe, you know, up to I think it was something like up to $30,000. You deposit 300K, you get $30,000. That's a 10% rebate. So, yes, same promo over there.

13:23 Um, use that. It's in the link in the description below. And then I'm just going to mark out um more or less over here. I'm going to go to uh 234, right? So, 234. Let's add it in. Um 234 on Amazon. And where is our high going to be? All right, the high of the grid, which is going to be where the selling pressure comes into play. I'm going to target uh most likely that 1.618.

13:49 Okay. And let's just get that fib extension. There we go. I'm going to go up to 320. Okay. 320. So, I'll add this trade on uh number of grids. Let's do like 150. see what that looks like. Uh the leverage I will adjust. I think we will run that. Let's go on 5x. I think that's how we have the other ones just to keep it confluent. All right. 150. And what's the capital allocation over here?

14:22 Let's go a bit more. 5K. I think I will go somewhere in the middle. Usually I put like about 10 to 15K on. I'll go 7 and a half 7 and a half thousand. That's good enough for me. Uh in case, of course, price comes a little bit lower. Start to drop below this. Then I have the optionality to reallocate a bit more if things begin to fall apart. So for now, I'm going to leave it at that.

14:46 There's the setup. You got everything. The low price 234, high price 320, 150 grids. Um profit per grid 0.15 to 0.21%. And I'm putting in about just over $75,000. All right, cool. So that is one of the trades, right? Um, let me have a look over here in the comment section. All righty. Uh, let's have a look in the comment section, guys. So, I just want to see if I'm missing anything in terms of any other trades over here.

15:18 Give me a second, guys. Give me a second. Give me a second. All right. Okay. So, everything has been covered. All right. Let's move on. Let's move on over here. So, we've got Amazon. We can have a look at the rest of the individual ones over here and see what's going on. Quickly jumping onto the daily. So, let's have a look at Apple. Apple's still holding up, right?

15:36 This looks decent. We took the long trade over here. The trades up nicely. Everything's moving into profit. Overnight trading slightly up. Nothing to really uh scream about. Uh Google as well coming into a decent zone. Theoretically, you could probably take a Google trade here as well. Same approach. either zoom in on the lower time frames, wait for some of those um lower highs to get taken out in the form of higher lows and higher highs and um ultimately you can you can trade that bounce up with the rest of the

16:02 broader markets. We have Nvidia which has been hit a little bit harder. I think that we need a bit more structure to develop over here. Um you know again you have that possibility of a double bottom coming into play but I would prefer to see this actually fail and have something cleaner like that. I think if we get another move down into here, you have your possibility for your bump and run uh stacked triple support, right?

16:24 Triple support. Look, I'm not a fan of the diagonal, but um this becomes a bump and run scenario, right? Uh but the double support comes in the form of the strong horizontal yellow box and the 200 EMA. So, I think this is one to put on your watch list over there as a potential to scale into meta. Very interesting. I was having a look at this this morning and meta actually breaking over here um through that down sloping trend line for the first time in a long time and remember this has been massive compression huge huge

16:50 huge compression which means you can see these tops over here right at about uh 692 test one two three coming in for the third time if you start to pull back into this 200 EMA and you're holding that as support like this right like this this could be gearing up for quite a large move towards the upside if it obviously We're assuming it's going to break through the top over here.

17:11 So, as long as you consolidate above this resistance over here, above the 200 EMA, um, this could be lining up for a bigger trade. TP1 of course comes into these highs and then TP2 targeting some of those key fibs, which is going to be a whole lot higher for Meta. So, again, I'm happy with my trade setups over here in terms of um, holding the MAGS, which is looking at these individually.

17:32 They they they look decent, right? They look decent over here. Microsoft, I still think you need a bit more of a slowdown over here. If you want to position into it individually, I need to see something kind of like this, right? Some kind of consolidation and chop. I'd prefer some deeper tests into like this 450 before getting positioned. And then the weakest of the lot is Tesla.

17:51 If we're looking at them individually over here, sure, it can start to gain some strength. Um, but for the most part, this one's being very weak. Lower lows, lower highs, breaking a key level, which is your ups sloping trend line. Losing this trend line brings the risk factor that you could be moving down to like 260 even potentially 213. But again, nothing to worry about if you if you're long on the index, right?

18:14 Everything should be fine over there because the rest will carry you through. Okay, amazing. Uh we can have a look at some of the others. Uh a quick look at the energy sector which is obviously also doing very well and we have some of those trades on the table. We have XLE um it has pulled back slightly. Bloom Energy has gone up a whole lot. So, it's quite strange.

18:32 These things are trading almost like they're rotating from one end to the other. When XLE comes down, Bloom Energy goes up and vice versa. But the trade is still valid. Higher highs, higher lows, it's holding on. And there's Bloom Energy, right? Overnight trading moving back towards those highs. So, if we have followthrough over here, um you should get that continuation and and hopefully the trade plays out in full.

18:53 But that yesterday, I told you this would be your entry zone. If you had missed out, this becomes your entry zone. All right. Um, if I've missed anything in terms of the traded and I can try and go back, but I do want to move on. I don't want to waste too much time over here. DXY coming into the resistance zone. Yesterday's close was incredibly strong.

19:14 But I think this is going to be very telling over the next couple of days and weeks. And you got to pair that up with the 2-year, 10 year, and the 30-year. So, all in all, uh, that's looking good. USDT dominance riding towards the upside. We're looking for hopefully a retest of this trend line to finish the pullback into a possible high low and maybe maybe it's the start of the bull run, right?

19:33 I can't say for certain yet, but I think that that first major high low is going to be incredibly telling and we'll look at that on Bitcoin in a moment. Fi greed at 50, long to short ratio very balanced over here. Um total liquidations very muted, right? This can't even be correct. Let's just quickly let's just quickly do a refresher over here. All right, let's do a refresher over here and just see what's going on.

19:55 Uh, there we go. That looks a lot better. So, we got 347 million still very low and most of those are shorts that got taken out only marginally, right? 50 million more in shorts liquidated. And then the big important one over here is of course our daily exchange volume. That's a good sign that it's trying to defend this uh, you know, 25 to30 billion region.

20:13 So, that looks that is looking good. Um, all right. Yeah, I I bought this up over here because I thought that would be a decent trade opportunity for those of you looking to pass the Bitfinder challenge. That Amazon trade could be one of the ones that you you can put onto your watch list um to look at as well as the uh the Google trade, right? So, Google and Amazon, I think, would be two of the picks that you you would be able to find over here on Bitfunded as trade options, right?

20:40 So, if you if you're looking for a way to pass this, it's limited to the first thousand people, buy one, get one free. um while stocks last as they say right while the thousand are still available. All of that is in the description below. All right, Bitcoin it's been really flirting with danger over here. What is the danger line? The danger line is the yellow line which we back above.

21:00 We haven't closed the week out. It's going to be three more days 70 3 days 17 hours left to close this. If we were to close where this wick low was, that would look really bad. you'd have a major confirmed rejection and you have to look at price falling low at which point we don't want to see Bitcoin really much below 70K. Okay? And and you're going to line that up with the USDT dominance.

21:21 So if it happens quickly, it's okay. If it happens slowly, in other words, this grinds into this and Bitcoin's grinding below 70K, this risk breaking out. And that would be bad, right? That would be very bad for the Bitcoin bulls. What you want to see if you're bullish is that rejection like that, which would equal this. it would equal the move down and basically turn back out and bounce towards the upside over there on Bitcoin.

21:47 So, there's not much to comment on on Bitcoin over here on the weeklys. Um, and the daily as well, you know, it looks it looks okay. It's holding up relative to what the stock market did yesterday. It didn't get flush at heart. That's one positive sign. Um, but yeah, really now you need to start to take out this high. If you get above that high that occurred on Monday, uh, this is going to be a big breakout.

22:06 If you get above Monday's high on a closing basis, which is basically 79,600, this thing should cook. Um, okay. Otherwise, it's still a waiting game. There's no guarantees that you'll get this test perfectly into that zone. But that was the zone. This is the area of interest where in the triangle where you want that high low to form. I don't want to waste too much time on this because we've discussed it a lot.

22:27 And tr truthfully, Bitcoin is in the same place that it's been for a long time. You are getting a cross between the 9 and 18 EMA. So, this is going to be interesting to see if price rallies into that and rejects. That will be a strong sign that maybe you will play this out in full and come towards the downside. But for now, very much a no trade zone.

22:45 Nothing going on on Bitcoin. It's super boring. Um, and we can look at the liquidations, right? How I'm not logged in. I'm not going to log in now, otherwise I'm going to dox all the details. So, we'll just forget that for today. ETH BTC is an interesting one because you're holding this trend line. So therefore, I thought it's a good idea to look at ETH and that would be the trade setup on ETH, which we covered with the whole challenges group yesterday.

23:07 So what you'd be looking at is this, right? If Bitcoin, this is a big if. This is if Bitcoin drops to the low70s, I would be eyeing out ETH for that. That would be the move. ETH down into $2,200, maybe potentially sweeping into the low 2,000s. And then this becomes your trade entry. So it's just a question of you know do you have the patience for something like that to happen because there is a possibility that it doesn't that it just moves up from here but it's about the risk to reward the risk to reward over here is

23:38 a bit harder to manage versus if you get this this becomes a strong buy right and that's because the EBTC chart is starting to show strength and attempting to recapture a very significant zone over here that we had previously marked off as an SR flip right so if you start to get above that um and you can see in in the more recent times ETH BTC has actually been putting in those higher highs and higher lows.

24:00 So keep an eye on the ETHBTC chart. Keep an eye on Ethereum as it comes down. Another one I was looking at just in terms of, you know, bottom price. I know a lot of people like to try and pick bottoms and then they get poop on their fingers. So just be careful of that. But if you like to pick bottoms, um, fartcoin, speaking of poop, right? What are the chances?

24:19 I didn't even plan that. That just happened by chance, right? Just looking at this over here. Very interesting. You got these two candles over here that look like they attempting to reverse. The volume has decently picked up over here. And um you know ultimately this could be an early trade. Very very risky. It could be an early trade, right? So if you see something like that, you know, you could be prepping for a breakout over here on Fcoin.

24:43 I'm not in on the position. Full transparency. I'm not in on the position. Maybe I should take it. Maybe I should take the position just to have one of these high-risk coins on the table. Right. We got 5%. We've done a 5% candle today so far. Down to those lows. You're looking at 10%. I don't think that's too bad. Let's say we're using those candles as the invalidation.

25:04 This trend line that's holding over here, which is clearly being respected. It's not bad. Maybe we should take it. All right. Should we take the Fcoin trade? Um, let's have a look over here. Let's quickly have a look over here. This one I would take um as a manual trade. If I take If I take this trade, I'm going to take this one as a manual. Let's just go back.

25:24 futures. Um, perpetuals. All right, let's go over here and see if we have Fartcoin on the list. Fartcoin. Is Fcoin on the list? Wait, I'm under favorites. That's the problem. We need to go here. And it is. Let's add it to the favorites. Fartcoin. I'll try and see if there's an entry on the low time frame. Yeah, I mean, a couple of hours ago would have been the better trade, right?

25:54 How's the 4hourly looking? All right, let's just um drop the leverage a bit over here. 5x 5x leverage. I'll maybe put this one on isolated rather just to be safe. Uh so I don't like cook the whole count on a memecoin. All right, I'll put 5K in there. Uh, let's let's just grab that over there. 5K. All right. So, I I'll throw in a position over here, right?

26:32 I'll risk it down to these lows. Let's quickly even put the stop loss in right now. I'll float my stop loss down there. I want to be filled right now before you guys try and front run me. There we go. I mean, my liquidation price is anyway basically where the stop loss is. What's the point? Should I? No point even having a stop loss. Just take it out.

26:59 It's the same place, right? I'll be liquidated on 5K. So, let's see what happens over there, right? Fartcoin. This is my gamble. This is my gamble for today. I'll monitor this trade. Of course, please monitor the trade individually. I can't guarantee that I'm going to remember to come in here um you know, tomorrow and basically go over Fcoin, but that's one of the trades.

27:14 So, we have Fcoin on the table now. You have Amazon. This is truly the barbell um of tra of trading, right? The barbell approach, right? You got your left weight, which is very safe. Amazon, right weight, super dangerous, equally weighted, almost. We took 7 and 1 halfk, 5k, fart coin. So, deadlift season, here we go. Let's see what happens over here if we're going to make money.

27:40 Um, next, let's have a look at a couple of others. Marscoin's catching a nice pump. So, maybe this has found a bottom over here. that's coming to the low. Of course, I'm holding this position still. This is just kind of a longerterm bet that I I'll continue to hold. Um we'll see. We'll see what what happens over there with that. Uh Ono was another one that was a decent trade setup, but it got into dodgy land, which was obviously breaking that trend line over there.

28:01 So, I still want to see a bit more strength develop and a bit more time. I said yesterday and over the course of this week, I think you have about two weeks for this. So, keep an eye out on it. Okay. Um, alrighty guys, the comments are hilarious as always. Um, okay. Amazing. Let's see what else. What else have we got going on over here? Anything else noteworthy that we need to look at?

28:30 Um, pump. Let's have a look at pump over here. There we go. This This looks promising. This looks really decent, right? Pump. We spoke about it. wave one into wave two, hunting for a bottom. Obviously, it's not fully confirmed yet, but starting to see the signs of life, looking for the move up into wave three over there. Wave four, pull back, wave five, finish it off, and then you obviously do your ABC correction after that.

28:56 So, this is another good one to have on the list. All right, let me know in the comments if there's anything else. Right, we've gone through a lot of things. I don't know if I can take all the requests today. We can do a lot of requests tomorrow as well. Maybe tomorrow we should reserve for requests requests for tomorrow. Okay, you might have better confirmations as well by then.

29:22 For those of you based in the US, I know some of you step very very very late for the US. If you are US-based, remember that uh Kulchi is fully regulated and listed over there in the US. The reason that I want to bring this up today is you can take such a small swing on Kulshi and get paid, right? So, if you use this link, sign up, you trade $50, they'll give you $25 bonus and you entered into a draw to win $1,000.

29:48 That's very low risk, right? 50. You're risking $50 to get a 50% return because you get 25 bonus to then maybe make another thousand on top of that. Um, and that's only for the people that sign up. All right. So, so far it's only the US that that um can use this as far as I understand. You can double you can double check if it is in your country, but um the US is fully fully fully green lit on Kulchi, which is you can do your prediction markets and your per trading, right?

30:18 Maybe you want to take the pump trade over there. Okay, amazing. So, let's have a look at a couple of the others. I'll just go through a few of the main the main ones over here and um and then I think we'll reserve the rest. We'll reserve the rest for later. Okay, so uh let's go through let's start on the top over here. XRP, this is an important zone kind of like a mid-range holding support over here.

30:38 Very similar big move up. Maybe that's the start of a wave 1 wave two correction and you're about to go into wave three. XRP trades really wild. So, I'm not really personally wanting to position in this, but if you are um you know, anything above 145 on a closing basis will confirm the lows in and you should start to look good again. For Salana, we've pulled back as well.

30:59 Basically tested the 0.382 sitting at the psychological number of 100. Of course, if it does um uh obviously continue towards the upside, similar to what I just said on XRP, your confirmations will be closes at about $105 and then this thing should cook. And then we got Sunumi really smashed. You know, no man's land. You show you're buying pretty close to the bottom over here, but you don't have any guarantee that momentum is going to kick in.

31:26 Um all right, let's skip these. Let's skip. Let's skip. Casper's it's holding up. um you know you're reclaiming the mid-range over here. Maybe it's the start of an uptrend. This is probably yesterday's candle is probably a major low. So if you are long on that, that's your invalidation. You definitely don't want to see price below that. Okay, Tron still needs to work itself out.

31:47 Pump looks very decent. Ponds as well. Um you know, it's back, right? This might be back to cook again. I mean, I would probably say that's it. It's probably going to bounce from here. Ponza is probably going to go from here. It's hard to get an entry on this now. It's kind of like again the same thing as what I said with uh some of those other trades.

32:15 It would have been better to take this a few hours ago. Um yeah, I would say this is probably going to continue. You're going to most likely take out these highs so this thing can start to move quickly again. All right, those are the majors. We can look at hype. How's hype doing? Hype was pulling back. I don't know if it's going to get the confirmation because this was the level you needed to see a break below 76 to um give high probability of dropping to 65.

32:37 So far that's holding right. That might be the high low. Let's just see relative to that 0.382 fib. Uh where is that? Right. Wicked into it. Basically wicked directly into the 0.382 fib which is your fib for strong trending markets. If it's a strong trending market you'll test that fib and you'll bounce off of it which you've done. Lighter very bullish.

32:56 Right. We pulled back into the level we're looking for. We spoke about it. We said you want to, if bullish, it needs to hold that level. Um otherwise, if you're lucky enough to get a pull back to 278, you can long there again. Long trades on the table from earlier on. Um nothing to do over there. Just hold it. Right. Very big move up over here as well happening on AA.

33:18 It's not clean. I don't love it. But um I think pullbacks after this, you have your invalidation at 65 cents. All right, so that is it from me, guys. Thank you so much for joining. I appreciate each and every single one of you. We'll catch up again tomorrow. Um, yeah, take advantage of some of those trades. Everything is linked below if you want to get the bonuses and I will see you tomorrow. Cheers for now.