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Bitcoin, Ethereum & Altcoins: Where I’m Buying and Shorting (Live Trading) Transcript, AI Summary & Key Points

Crypto Banter · 19 days ago · News & Politics · 49:05 · EN

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Answer

Where the trades are: long Bitcoin from ~$80,700 (invalidation $80,300, target $82K) as the only asset holding range support; short Ethereum at $2,380–$2,390, Solana at ~$102, Sui at ~$0.98–$0.99, Ethena at ~$0.196, NEAR at $4.70–$4.80, BNB at ~$704, CRV at $4.59–$4.64, Lighter at $315–$324 and HBAR at ~$0.078; spot bids on XRP at $1.21–$1.23 and a Convex long at $2.40–$2.45 toward $2.70–$2.71. Condition: it's a risky weekend with war escalation fears, so every trade needs an edge and a hedge — no edge, no trade.

AI Summary

Bitcoin is the only major crypto asset still holding range support, and Pedro is long on it from around $80,700 (entry marked near $80,720 on the chart) with an invalidation of a 1-hour close below $80,300 and a target of $82,000. Altcoins have lost support, so every other trade plan is a short: Ethereum short at the $2,380–$2,390 retest of lost support with invalidation above $2,416 and a final target of $2,350; Solana short on rejection near $102–$103; Sui short at $0.983–$0.993, invalid if it closes above $1; Ethena short at $0.196–$0.198 despite X-post pumps; NEAR short at $4.70–$4.80 but never at current support; BNB short at $704.5–$704.2 on an M-pattern rejection with invalidation above ~$748.79; CRV short at $4.593–$4.640 after losing mid-range support; Lighter small short at $315–$324; HBAR short at ~$0.0785 with invalidation above $0.0805. Spot bids (stinky bits) sit on XRP at $1.21–$1.23 and on IP, and a Convex long is planned at $2.40–$2.45 (buy area $2.35–$2.40, described as $2.35–$2.40) with a 1-hour close below $2.40 as invalidation, targeting $2.70–$2.71 — a ~6 risk-reward scalp. The overarching weekend rule: no edge, no trade; scalps over swings, never start a swing trade on a weekend, keep stop losses small, and hedge any long because of war escalation risk. Pedro expects a 'TACO' (Trump chickening out on Iran escalation) and still expects Bitcoin to reach $90K before a larger drop, with a correction likely after that and after the midterms.

Key Points

  • Bitcoin long is the risk trade of the weekend: entry around $80,700 (chart entry ~$80,720), invalidation on a 1-hour close below $80,300, target $82,000 — Bitcoin is the only major crypto asset still holding range support, and the $85–$80 move is a range, not a correction.
  • The long is a bet on 'TACO' — Trump chickening out on Iran escalation — and Pedro is fine taking the stop loss; he still expects Bitcoin to hit $90K before any larger drop, with the bigger correction expected after $90K and probably after the midterms.
  • Ethereum lost its major support (unlike Bitcoin) and a short is planned at the $2,380–$2,390 retest of lost support, invalidation on a 1-hour close above $2,416, final target $2,350.
  • Solana also lost major support; expect a move to $102–$103 and short the rejection — unless a TACO triggers a squeeze that liquidates all shorts.
  • XRP lost support inside its range and may test $1.295–$1.45 before rejection; spot limit bids (stinky bits) are set at $1.21–$1.23, and dips are for buying — deploy on red days, not green ones.
  • Sui short is set at $0.983–$0.993 rejection; a close above $1 invalidates it; a stinky bit at $0.93 catches a sweep for a quick long scalp.
  • Ethena (ENA) is expected to retest $0.196–$0.198 resistance and short there, but it moves heavily on X posts, which is why Pedro avoids trading it.
  • Convex (CVX) is the one altcoin long: buy area $2.35–$2.40, entry on a drop to $2.40–$2.45 with stop loss on a 1-hour close below $2.40, conservative target $2.70–$2.71 — a ~6 risk-reward trade; Pedro is a large spot holder and says CVX can pull a 5x in a day or 10x in two weeks.
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Transcript

Searchable transcript of Bitcoin, Ethereum & Altcoins: Where I’m Buying and Shorting (Live Trading) — Crypto Banter (49:05). Search for a phrase, then click its timestamp to jump straight to that moment in the video.

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00:00 I'm long on Bitcoin, but I'm long. I know it's risky, but it's the only chart that I saw this morning before starting the stream that gives me the confidence to go long. Now, this is a very risky trade. It's weakened. There's no liquidity. Everyone thinks that the war will escalate again, but I'm long. Like, we need to take some risks, right? So, I'm long on Bitcoin and everything else I think is a short, but Bitcoin right now I'm long.

00:33 And I'm going to show you the charts that I do believe you should take a look this weekend. And of course, as always, if you want me to chart your favorite altcoin, drop it in the chat so that I can do it after share what I want to share with all of you. But the market is super strange. Everyone is selling. We are seeing some Ethereum selling. We are seeing some known people let's say like this selling but I'm long might I might get stopped I'm okay with that that's why we have stop losses but I'm long and I'm going to

01:05 show you why. So this is the chart that I'm looking now at Bitcoin and this is the analysis I did this morning and I hope this can bring some light why I'm long. Let me just go here. And you can see here, this is a major support for Bitcoin. Like a major support for Bitcoin. And if you pull it here, we are at the bottom of the range. I wanted to have caught this move here, but it was too late for me.

01:31 So, I didn't cut it. I think the best place to long was here. But when you see it, let me go to the higher time frame. So far, there's nothing to be worried about. In my opinion, this is the daily chart and this is why I decided to um take a long and if you do this and if you like patterns, I don't know when I look at this, I know everyone is bearish, but come on.

02:01 Let's just do some weak TA like the old times, right? What do you see here? What do you see here? Let's be honest. Let me know what you see here. And yeah, this is just I don't think there's nothing to be worried about yet. If we lose this support, then yeah, we need to be worried. But for now, I think um that we are holding it. We might unless there's real an escalation this weekend, unless there's an escalation this weekend, which we might have it and then probably I'm going to get stopped.

02:37 I'm okay of taking that risk. And but yeah, I do think that this is a place where you could long Bitcoin because it's the only asset from the crypto world right now. There are a few others, but the biggest one that are that is at support. So just my opinion, do whatever you want with this information, not financial advice, but I'm long and you can see here that I'm long.

03:01 I'm short on stretch. I did this yesterday on Crypto Decoded. I shorted stretch because I do not believe um Michael Seller will be able to bring it to pair anytime soon. And I'm long on Bitcoin. I started a long like right before the stream. You can see here my entry is 8 80 870 something 8720. So yeah, this is why I'm long on Bitcoin. So as I was as I was saying, I think between 8,400 8,800 there's a place where you could try to go long this weekend.

03:35 knowing that is risky risky risky and if there's an escalation probably I'm going to get stopped and then I will show you where I'm going to look for another long and that will be here at the bottom of this week. I'm okay with taking this stop loss. I don't have any issue with that. But I'm also betting and this is just my personal opinion. I'm also betting that Trump will taco you know taco Trump all his chicken out.

04:06 So if nothing happens and tomorrow be in I can all the long till tomorrow without getting stopped and if he said no no no Iran like he always said in the past right before something was going to happen no I ran come back to the table again we are going to fly we are going to fly so yeah I'm taking a risk here chart wise technical analysis wise we are support then I think there will be a taco I don't know let's And also everyone is selling right everyone.

04:37 I'm not going to mention the name but a lot of people that are selling right now usually they sell in panic and then they buy higher. So yeah let's see if I'm wrong I'm wrong. That's why I have the stop loss here. But again, like I was saying, I think there's a high chance that we hold this support, especially during the day if there's no escalation and then um we can try to go to 82, which will be a cool trade, some profits, and that's it.

05:05 I'm not going to turn this into a swing trade that might take us to um 90K while and I still believe that we are going to 90K before going to drop lower. My opinion, of course, we are still ranging. So, this is a range like this was not even a correction. Everyone calls this a move from 85 to 80 is not a correction. It's a range. It's here. A correction is a 85 or even 87 to 65 or 75.

05:29 That's a correction. Okay, this is not a correction in my opinion, of course. But this is what I'm seeing for Bitcoin. And if we have a 1 hour close below 8300, then I'll take the L and close my trade. And I'm going to take this one to 82 if I can get there. If I can get there. But like I told you, I'm long on Bitcoin. So near, of course. Yeah, I'll I'll chart near.

05:57 No worry. I know that you always ask for near. So I will I will chart near. Let me just edit here and we'll look for near. Let me just take note. Anything else besides near? Nearby zone. You should have watched my my live stream yesterday in crypto decoded. If you go here to my channel and you see here, do you recognize what's there on the green one yesterday?

06:28 >> I'm going >> I don't know why I'm losing myself now. >> Was my phone. So, you go here. I gave my entry to to a lot of altcoins. One of them was near. Okay. One of them was near. Now, moving forward to Ethereum. I had I have this short target on Ethereum. Hey, I have this short target on Ethereum and I think we might have if I'm right about the 82 Bitcoin, we can get this short.

06:58 Okay, to be honest with you, if I'm right about the 82 Bitcoin, we will be able to get this short. So, what I'm expecting is that you can see the difference here. We lost support on Ethereum. We lost support on Ethereum. So yeah, it's not the same range as Bitcoin. Bitcoin is like here, right? And then we have all the weeks below. You can see here, see, we have all these weeks below.

07:24 Ethereum is not the same. Ethereum lost the major support and now we might drop a lot and then come to the week here as you know. So this is what I'm seeing for Ethereum right now. And I might take this short. If we go there, if I see that Bitcoin is going in in my way, I will take the short on Ethereum, of course, and it will be an edge. So, this is what I'm what I'm seeing a move on Ethereum to retest the previous support as resistance there that it lost.

07:54 And that's between 2380 2390 and then you can take a short with invalidation, a 1 hour close above 24, 416, and then you can drop it. you can go and try to fill this week and the full TP, the final boss like I call it will be the 2,350. This will be an awesome bread if you can get it. If I'm right about the 82, I do think we can get we can get it. If we keep dropping, then there's nothing we can do here, right?

08:24 And it's what it is. But I do think we can this might be the chance. Let me just check BNB. No one asked me for BNB for a long time. BNB. Someone is asking for PEP. I'm not, don't take me wrong, I'm not going to chart PEP. When usually when you see meme coins going up, that means that they there will be a correction on the market and PEP. I'm not going to chart it.

08:53 Do not take me wrong. I don't like to chart meme coins um because they are easily easy to manipulate. So nothing against PEP. I hold PEP, but I will not chart it. Lit will have been selling apparently everything is dropping. I look at lit. This is what I have for lighter just because uh shiny was mentioning lighter. This is what I have for lighter. I think lighter will test this this resistance here between 315 to 324 and then it will be a small short.

09:25 Nothing else. Okay. Just remember that everyone that sold lighter was buying lighter again. Lighter again. E was buying lighter again. after the uh earnings call, investors call. So yeah, yesterday I shared some buy levels for lighter, but come on, this is lighter. Hey, it's just it's that support right now. Like this is a huge support. So unless you lose this support and then you could be worried.

09:55 But I said this yesterday, lighter was one of those that I spoke yesterday on my channel and I said, "Look, I'm going to add more. I have a lot of lighter. I load up a lot of lighter when we were at the bottom. I still have 50% of my air drop from lighter. And I will add more lighter. I'm going to add more lighter. Okay. So, uh I'm not worried about lighter.

10:17 These are just day trades, weekend trades. Okay. This is not what I'm expecting for the old market. This is just for the weekend rates. So, Ethereum and lighter is a short. else I argue that everything is a short this weekend with the exception of Bitcoin. So even for soul look at soul again another one that lost the major support. So what I'm expecting is that Solena is going to move to 102 103 wrong numbers and then we can look for a rejection there and try a short.

10:48 Okay. And to be clear, if you want to trade this weekend, nothing against that. I just I just show you that I'm long. Try to have an edge. Okay. If you want to go long on Bitcoin like I did, I I haven't shorted yet because I'm still waiting to get to find my edge, but you need a hedge. Okay, you remember it's weekend war. I don't know politics, Europe is under fire also with the with all the protest, everything that's happening right now.

11:16 You need a hedge. If you don't find your hedge, don't trade it. I'm being honest. I want you to this week, I don't want you to make money this week. I want you to not lose money this weekend. Okay? So, I I believe in you. I know that you know what you are doing. But risk management is key on weekends like this. I have my theory and I'm willing to pay for being wrong.

11:41 Okay? And if you are willing to pay for for being wrong like me, that's okay. But just be aware of this. If you want to long, you need an edge. And right now, I still have to find my hedge to my long. Okay? Maybe we can find it live. Find it live. Let's see. But this is just my feeling. Okay, I hope this was clear to you. But as a recap for soul, I'm expecting a move to the resistance.

12:05 Then we can try for a short here and then it's coming. I do believe it's coming. Eh, I do believe this will be a short unless we have a taco. If you have a taco, there's no there will be no how can I say all shorts will be liquidated in squeeze. Okay, you need to be ready for this. That's why I said they have an edge. Let me see how my long is going.

12:27 It's not that bad, eh? Not bad. Now, let's look at XRP. Bitcoin 5.0. Now, this is what I'm looking for. XRP. Okay. And it's the same. We lost the support inside the range. We might feel the week of 125. And Arthur Ace dumped everything. Does it mean more down sign yet to come? I'm not going to comment after as dumping, but you can go search for the history of every time he sells what the market does.

13:03 I think it's cleaner for you to do that. Just go there. Just go to the gro on the profile and ask every time he sell what does the market does after and you'll get your answer. Now, like I was saying, I think XRP is going to test this resistance and between at 130 you have here. You can take your screenshot. I know you like to do it. So, I think between 12950 145 it will um it it will go there.

13:32 Then we can look for a rejection on on XRP and then we can go look for a weak feel here and this will be our trigger to might to go long. But I want to be honest with you if and this is a big if and I'm a big XRP holder. Okay, as you know uh if you don't know by now uh if you know now I'm a big XRP holder. Okay, and I have a stinky bit. Do not tell this this to anyone.

14:02 This is a secret. Okay, I'm just going to mark it. I have a stinky bit here. Let me go. It's around here. This is where I have a stinky bit. In case you get a week, I have a limit order here. I'm going to write it at 122. Stinky bit. You should always have stinky bits. You never know when you are going to get filled. So this is where I have my limit orders around here.

14:37 It's here between 1223 121. Okay, I have some stinky bits to buy XRP spot here. Okay, to buy XRP spot here. But this is just me. I'm not telling you to do it. Okay, um I do believe XRP is going to do some things. I don't think it's Bitcoin 5.0 or 5.0, but I think dips are for buying. And I have some stinky bits here, okay, on XRP. So I'm sharing with all of you today.

15:06 I have more stinky bids, but this is this is just one of them. And I will wait for this, okay? But you need to understand that I'm always DCAing on the market. I'm not waiting for them. Of course, I don't buy when you are pumping, but I buy on red days and I'm DCAing for the market. That's why I never had that issue of, oh, the market move without me.

15:24 No, I'm buying. I don't care. I have my targets and I'm buying. while I'm still my in my buy by area by range I'm buying. So yeah, remember these days when you then ask everyone should I buy? Now I'm not telling you should buy today. I'm telling you that's when you deploy it's on red days. We might get more red days but remember the feeling that you have on green days because you you didn't got exposure.

15:53 Remember red days but you don't need to go all in today. Okay. You can just I don't know start your position on the altcoin that you were expecting for a drop. Just saying like XRP. Let's say you want to buy XRP and you don't own any XRP. Okay. Does 5 cents, six cents really worth the hassle of seeing the market moving because temp sorry taco I'm asking you.

16:19 Does 5 cents make a big difference if you believe I know that XRP is going to $10 or $5. Does that worth it? I'm just saying. I'm just saying that's your analysis. That's what you should do. Let me see what we have more here. You have injective near I already shared near twice. I have two by areas for near. I have two live streams about near and I have a Okay, let's move on now.

16:52 Sui, nobody's asking for sui today. Don't we have any sui olders here? I don't hold sui but I got sui ready today because you always ask for sui. So this is what I'm expecting for sui. Let me just show you here. This is what I'm expecting for sui. A move to 9830 9930 and I think it's going to reject there and then that will be our trigger to go short.

17:16 Okay. This is what I'm expecting and this is what yeah I think there's a high chance that we are going to do this right now. So is at support. So I don't know how's Bitcoin doing. Shall we take a scalp? Do we want to scalp the market? No. No. No. Maybe we should not scalp the market. Eh, shall we? Do we want to sculpt the market? I don't know where you could long sui at the bottom of the the short TP.

18:12 If you want to long sui, you can never go wrong if you wait for a sweep for a quick scalp. I wouldn't be surprised if we see a reaction now on sui. Let me see Swiss. We might see a reaction here. Honestly, we might see a reaction here, but again, it's weakened. But if you want to go long in case some set a stinky bit here at 93 stinky bit like, yeah, that you believe something is going to happen.

18:44 Set your stinky bit here at this week. Maybe we can get maybe we'll get filled on this one. Okay. But yeah, this is what I'm looking for for Suie. Now, it's a move to this resistance here. If we close above $1, then it means it regains support and the short is invalid. What do I have more here that you are requesting? Sonic pumping. That's it's Sonic.

19:09 E going for the rings. Now, let's look at Anna. Huge dump, right? You're always asking me for Anna. No one is asking for Anna today. I wonder why. I wonder why. So, regarding Anna, I still think we are going to retest this this uh resistance and then we are going to short. Okay. Unfortunately, Anna moves a lot with exposts. So, that's why I don't like to trade in.

19:41 That's why I told you I do not trade in um because of that because I know an expos can um how do you call it? We cannot say tweet is it I don't know. Uh but I don't like to trade in because of that because I know what a tweet let's call it tweet um can move in and I don't like to trade that. So that's what I'm seeing here is that we are going to move to this resistance here.

20:08 If if because now a tweet moved the move but I'm expecting this that we go to this resistance between 196 198 then we might consolidate a bit here trying a a big fight between bulls and bears and then we have our trigger to go short and we could go short on here. This is what I'm seeing here and yeah that's what I'm expecting. How many likes do I have?

20:33 Can I see it here? Where do I see the likes? Let me see here. No, no. I need more likes, guys. Come on. And it's Christmas today. You always know my Saturday streams. It's always Christmas. So, this is the $500 winners from last week, from last Sunday on Khi. Remember Christmas on Khi. We are giving $500 every Sunday. And these were the winners last week.

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21:32 Uh you trade $50 in volume and tomorrow you might be one of the winners. Look here. Easy peasy. $500. That's what you get. Or you can get a chance to get $500. So I want to see your email here tomorrow. Next week, sorry. I want to see your email here next week. So I want you to win $500. Come on. I I really want to. Right. So, I'm giving $500 tomorrow to some of you.

22:01 Just take advantage of this. Come on. Just need to trade $50. That's nothing. Hey, you can short in with those $50 like just for the volume. Hey, just do it. Now, what do we have more here? I want to go for a few longs. Then, I think we might have one. Not this one. Sorry. This one. Convex. No, I love convex. There's I'm a big convex guy. I do believe Convex is going to do very well.

22:30 I have I'm a spot holder of Convex. I've been holding Convex for a long for a long time and I love the volatility on Convex. Okay? I'm not telling you to buy or sell anything. I'm just telling you so you know I'm invested in Convex. Uh I always like to be transparent with all of you. I own a lot of Convex like a lot. And I do think convex it's a high risk play but it's a high reward play too.

22:54 Okay. conve when convex moves it can pull a 5x in one day just for you to be aware of that when it moves usually it pulls a 5x in one day if it it's it's a coin that can easily pull a 10x in two weeks now what I'm expecting here and you can see that this chart is different from all the others right I told you I had some longs here what I'm expecting on convex let me just show you here see convex broke a major major the resistance it was here it was a huge resistance here and I telling I'm telling you when this moves it

23:32 moves okay so what I'm looking now it's it comes to test the support the previous resistance as support between and you can take your screenshots 235 230 let's say like this this is our uh long buy area and then we can go long if this wasn't the weekend I would say that the target for the long will be the the high 271, but I'm being conservative here.

23:58 So, if we touch this area here and I think convex is going to move honestly and you might get a front run here. It's if you are trading convex like I do, you are you get used to get front runs. But this is what I'm looking here. A drop to 244, 245, 240 and then you can wait for confirmation or you can go long with a touch. That's up to you. If you want for confirmation, you wait for a 1 hour candle close here and the stop loss will be a 1 hour candle close below 240.

24:28 Look at this. This stop loss is nothing. It's super short because it's weakened and I'm being conservative. But I think this will be an awesome trade. This is a six risk reward trade. And I'll be honest with you, if I get this on the weekend, I will long it of course. And probably if I see there's a taco or something, I will take profits. But I will try to go to go for this high here.

24:58 But this is me. I just like to be transparent so that in case I share a P&L with a $270 convex with an entry here, you don't say I didn't share that with you. No, all the trades I take that are public, I'm transparent with you. So, what I'm saying is that if I see a taco, if I see nothing is going to happen this weekend, I'm going to um to take the the TP from 250 to 270 because I know convex.

25:23 I trade convex a lot, like a lot. And I love convex. And it's awesome for scalps. You know, I prefer scalps over swings. And if there's no taco, convex is going to fly. If there's a taco, sorry, convex is going to fly. Okay, just to be clear about this and yeah, I want you to as I'm telling you when you start to trade convex, you understand what I'm saying.

25:50 Now, let's look at H bar. I heard this is Ren favorite coin. It's H bar and XRPA. I think Ren love both of them. I'm a big H bar. Okay. So, H bar, I think this is an awesome opportunity. If we get here and you don't hold spot and you are looking for spot on H bar, you could look at this one, right? Just my opinion, of course. But this is what I'm expecting a move to 7856.

26:23 Let me do like this so that you can uh take the screenshot. I do this because some of you send me uh a DM on X saying, "Look, can you set the level so we can take a a screenshot and I and I usually leave this like a few seconds so that you can take screenshots of the trades." So, a move to 78 $8 $8 I have I wish uh eight cents and that's what I'm expecting to short H bar and then I'm thinking we can go to the bottom of the range and I think this will be an awesome opportunity.

26:58 Okay, I think this will be an awesome opportunity. Just saying for me I would say this is an awesome awesome opportunity. Okay. So this is what I'm expecting on H bar a move to this resistance and if we have an uh 1 hour close above 8 or five then that's your invalidation which I don't think we are going to get it unless we have a taco. So I think this will be a short weekend.

27:22 Okay long on bitcoin short on altcoins everyone move from altcoins to bitcoin to protect their themselves. Makes sense for me. Um, it's usually what happens when you have big events or when the or when the market is expecting big events. Okay, that's usually what happens. Now, if you sculpt this weekend and you should sculpt this week, I'm telling this is Christmas, right?

27:46 And we are still in October. Just wait for November. And if you are if you are sculping this week and you need you have just one job first you go to the description you register on two bit where is my two bit you register on two bit you can get to $2,000 bonus you have a $50 bonus restt then you can earn up to 2,000 bonus you can copy my words that's another bonus everything but then you go here you go to spin the wheel and for every 25k in volume, you get a spin.

28:23 You get a spin for register and you get a spin for every $25,000 in volume. Not deposit, not it's like it's like bonus. You can get up to 100 spin per day. If you have volume for that or per player, whatever, you can do it. I know a person who did it in one day. So I know a lot of people that are trying to win the one of the 20 iPhone Duos and you are starting to see the iPhone DS now uh on X people are receiving that.

28:55 So come on the next iPhone Duo unlocks in 15 hours. You go to two bit you start to do volume scalps over swings. Scalps over swings. Remember that. And then you start to spin the wheel. You can get the iPhone or you can get a bonus a trading bonus from 10 to $1,000. Okay, I want one of you to win the iPhone. Come on, let's go. I want to see you buy win the iPhone.

29:20 I know you can do it. You just need to do this. If you do this, you'll be very happy. Let me see how Bitcoin is doing. Hey. Okay. Now, let's go to your requests. I still have time. Yeah, I do. I do. Let's see. We still have time. What shall we see now? near. Okay, let's go to near. Y I know you all was asking for near, but I charted near yesterday. Like I can do it again, but yesterday on crypto decoded here.

29:55 You can see there's near there. Okay, there's near. I charted yesterday. Come on. There. Near. It's there. But I'm going to do it because I'm a nice guy and I just I just ask for likes. So give me the like and I'll give you the near. Let me see if you have enough. We are near nowhere near enough likes for me to chart near. Now let's go here. Go to near.

30:31 Oh, what do I What do you want to do here? Okay. Oh, yeah. Why do you want to long near here? Because it's at support. No, no, no, no, no. We cannot long here. No, no, no. We can not. There's zero confirmation here for you to go. Like zero. Unless you are doing volume for the spin, I would not do this. I would not long here. Honestly, I don't know what I will do here.

31:18 But it's not a long probably it's a short. What shall we do here? I think this is a short or this will be a short. Yeah, here. So, you lost the major support of the range. You lost the major support of the range, right? So, yeah, I think this is a short if you want to trade near You can look at this something around these levels here. I think this then you set the stop loss here.

32:13 No, you set the stop loss around. Let me see. This is a big range from here. You don't need a wider a wide stop loss here. Just need to be above this high, this high here and it should be okay, a one hour close and you can try to go for the week. Yeah, here this you could try this. You could try this. You're not going to short near now, right? There's no confirmation for you to go long but we don't short support right sometimes you need to know when not to do right not to do anything you don't have confirmation to go

33:06 long but you will not short support that doesn't make any sense and yeah but this is why I'm seeing for so a move if gets the strength to get there go here so a move to 470 480 That's where you can look for a short. Okay, that's where you can look for a short one on here. And this is for the weekend. That doesn't mean now. Okay, this is for the weekend.

33:36 Okay, remember I'm not sculping the market. I only have one long. I don't know where it's going. It's not going bad, but still. Um, yeah, with near be careful here, right? I will not long it because I don't trust I just said that altcoins pro probably are going to dump and everyone's will be moving to to Bitcoin. So be careful shorting support anyway and this is where I would short.

34:02 Okay, but this is just me where I would short uh near during the weekend. We have BNB. Someone asked for BNB, right? If I'm not mistaken. I'm not just because you asked 10 times. I'm not going to look for uh beam short. I don't like anyone spaming spamming the shirt. Now BNB. I have BNB here. What shall we do? What shall we do here on BNB? I haven't BNB is one of those tokens that I don't trade.

34:43 It's the same with Anna, right? You see, you look here, it looks like a short and CZ decides. No, no, but I want BNB to go up and it and yeah, I don't honestly I don't even know what to do here. They went for the high yesterday and but it failed to broke the resistance to break the resistance. Sorry. So I think this is a short. I think this is a short.

35:31 Honest. This will be a short in my opinion. Usually when you can do this, if you want just to understand when you know what to short, but is my brush. If you can do this and you can read the word, it's because usually it's a short. So you can see here, right? If you do this, usually it's a short, but I don't think it will be a short now. I think the short will be from a higher point.

36:08 I was joking about that. Eh, it was just a joke. I I mean, if you can see me, it's because you have an M and usually M's are you short Ms. But that was just a joke. A joke. I don't want anyone to think that's how I do the year. I think you can look for a short here on this resistance here. Maybe maybe a bit more higher. Yeah, here you can look here.

36:41 So, look at the times I tried to test this as support and fail. One, two, three. On the fourth, we short. So I think this will be a short something around this and maybe this is a big maybe you need to set the stop loss above this high here 1 hour close and we can go for the week this week Exactly. Short M by W. Ex. Exactly. That's why I say when you see this and you write AC and you see me make you short.

37:37 When it's the opposite and you do an I and a N, you can see win, you go long. It works, right? Not all the time, but it works. You need to see the structure of the W and the and the M. But it but it works. This is what I'm seeing for BNB. Okay. A move to test this resistance 7045 7042 and then we probably are going to reject and going to fill this week which um the validation will be a move uh 1 hour close sorry above 74 74879 and then that's it.

38:14 Then it's going to drop. I already did lit. If you I don't know from what you're watching, but if you pull the stream back, I already did lighter. Did I had more requests? No, just did I had do I have more requests here? Let me see. Near. It's done. Yeah, let's look at at another one. And I want you Let's look for MEMS now. Let's look at dodge. Ah, forget it.

38:43 It's invalid. It's almost at full TP. So, this one is no longer valid. I think it's the same for Pingu. This is why I don't like to short uh sorry to chart PEP. It's the same. Um it's exactly the same. I don't like to chart PEP because usually when the market is like this, everyone is going to sell. Everyone is going to sell. So, yeah, this is um almost it's almost invalid.

39:08 It's almost at full TP. So I can chart micro strategy but the market is closed. What do you want me to chart here? I can do it. I have no issue with that. But yeah um the market is closed today. Let me just take notes. All right. Okay. I can do it. I have no problem with that. But uh I was short yesterday on strategy. It was an awesome short. Yeah. I was short yesterday on Micro Strategy, but now it's not going to move.

39:43 The market is closed and there's not much to chart on Micro Strategy. If Bitcoin dumps, it's going to dump. It's easy. It's they are correlated. So he said, "So yeah, if it drops, if Bitcoin is going to drop and you believe Bitcoin is going to drop, you short strategy. If you believe Bitcoin is going to go up, you go long." Look, I look at this and I don't see anything.

40:16 Now it's at support. I know yesterday we shorted and that's when I shorted stretch. Then I closed the short and now it's at support. To mark this close, I cannot tell you anything to be honest. Like there's no analysis I can do here. It's at support. So yeah, maybe you can long it. But if Bitcoin drops to 70K then yeah going lower. So Monero finally someone asked for Monero.

40:45 I love Monero. I love Monero because of the complexity. Trading View is different. No, they look more clean. And finally they vip code something. Well, so I really like Monero and usually I don't chart Monero because I don't want to be influenced by the chart. But I'm monary at the resistance right now. So probably I'm going to see a small drop here.

41:26 It makes sense that we drop. This is the the resistance. I need the chart with more history. This is the resistance for Monero. Like $600, $500. It's always been the resistance for Monero. So yeah, maybe a small drop 550 515 and then uh it could go higher. I do not trade with leverage though. Uh that's the best I can tell you right now. I don't trade with leverage.

41:57 So I'm not going to do any analysis here. Let's look at CRV. Okay. CRV has been giving us a clear range to trade. Look at here. This is from the beginning of of September. I would say even Yeah. 31 of August. Clear range. You long here, you short here. And when you lose the middle support, you short under the resistance. Look at here. We lost the middle support.

42:27 I'm going to pull this here so that you can see here. Easy peasy lemon squeezy. Look, we went, we lost, we dropped, we retest, we short, right? Then we go long. And it's the same for CRV this weekend. It's exactly the same. you. We just lost support. Then we're going to retest. And now there we go. There we go. So this is what I'm expecting for CRV2.

43:05 A move to 46, sorry to 4593, 4640, and then we can short it from here. Okay? And I'm giving you this trade so that you can do your volume so you can spin the wheel because I want you to win an iPhone. So you just need to spin the wheel, right? Just do it. That's why I'm sharing this with you. Trade with small invalidations and small stop- losses so that you can go and win the phone, right?

43:34 I'm trying to do my best here to help you. And remember, tomorrow is Kali. It's a Kali giveaway. Let me see if I covered all of them. IP. You want me? You want IP IP? This is I sh I charted IP yesterday, too. And to I want to be fair with you, okay? Um I think for a a long it's at support. You might try to long it here. Although it's weak and it's risky and but it's IP.

44:10 I don't see anyone with the function brand selling IP. Um, but I have some stinky bits and I already shared this for IP here. I'm going to share. Sorry, I have some stinky bits for IP here. Okay, you can call me crazy, but I like to set some stinky bits. And I have some bids for IP here. So, but this is for spot. I have my stinky bids on IP are here.

44:44 And I've been waiting for this for a long time. And I don't mind waiting for I don't know, two months, three months for an entry. I still think that this will get filled. I have hype. Like I I loaded up on hype around $40 if I'm not mistaken. And I have hype, but I want to add more. It was one of those uh live streams that I said look these are the altcoins I want to add because I don't feel I have enough exposure and I want to add IP but I think IP will go to 6863 honestly if you have the correction that I'm expecting

45:21 and still I'm waiting 90k first and then the correction I might be wrong on this of course but that's my expectation that's analys that I did I share this here with you 90k then correction that's what I'm expecting and probably after the midterms. And but this is why I'm looking for hype. So on a shorter time frame, if you ask me, would you long hype here?

45:49 The issue is that it's weakened. But yeah, you could long here. Like I'm not going to take this trade. Okay? I'm not going to take this trade. Um, just to be clear with you, I explained that I think altcoins might take uh might take u a hit if everyone is expecting something, but I won't mind doing this like with a very small stop-loss. I would do this.

46:23 I'm not going to do it to be honest with you. Uh I'm just I will not I will not share this as a win because I'm not going to take the trade. But I will do this with a super tight invalidation here. So the stop loss is so small that Yeah, you could go here and you go with a 1 hour close. Maybe I'll take it. Shall I take it? I don't know. Let me see if my Bitcoin long is going.

46:53 Nah. If Bitcoin lose, Bitcoin is trying to support. This is nothing like this is 2% with 20x 20x. So it's 0.1 move. Maybe I should long the stop loss is so close. No, no. I'm going to keep disciplined. I'm not going to longer. I can't do it. I can't do it. I need to be disciplined here. I cannot give you bad examples. Eh, I give you bad examples during the week on my channel.

47:29 I live trade every day. So, uh, but not not on a weekend. Eh, not on a weekend. I cannot give you bad examples. No, no, no, no, no. I need I cannot do that. So, I'm not going to long. Okay, just to be clear. But if this was during the week, I would long. I would take this long. Uh, but yeah. No, no, no. I cannot give a bad examples. Actually guys, I'm going to stop the stream here.

47:55 Um, I think I shared everything I wanted to share with you. Thank you for being here. Remember, K500 giveaway spin the wheel weekend war riots on Europe. They will start only afternoon because no one rides in the morning. And yeah, that's what I'm expecting. And remember, tomorrow I'll be live streaming on Crypto Decoded. I live stream every Sunday morning to prepare for the weekend that is coming.

48:20 Just follow me here. Crypto decoded by Pedro Silva. And I do live I do live trading not every day but almost every day. Okay. So when I'm not streaming on Crypto decoded on the afternoon, my afternoon I'm live streaming in I'm live trading in the morning. So you can see here I do a lot of live trading and yeah join us here and I want to see you tomorrow.

48:41 Uh I want to see you tomorrow on Crypto Decoded for the preparation of the next week. And remember, small positions, scalps, spin the wheel. You need volume to get the tickets, not swing trades during you. Never start a swing trade during a weekend. Have a nice weekend, everyone.