Midterms Bounce: Only REAL If This Signal Flashes Transcript, AI Summary & Key Points

06:43 See, this is going to move up and this is  going to move down, which means price is going to start crunching at any point. Okay? The  bears do still have a chance of doing this in the next few days. But the longer that they take,  the more support starts to rise up, and the chances of us actually going down there start  to get slimmer and slimmer and slimmer.

06:58 Right? So when it comes to the short time frame, what  I'm actually seeing is I'm not fully trusting this bounce just yet. Now, this doesn't  mean it's not real. Okay? But I want to see something. I want to see us break out of this  four hour. So you can jump to the four hour here, and I'm just tracking these down. I know that's  the main trend on top, and I'm just tracking down the four hour here.

07:21 As you can see, we are still  quite far. We are sitting with these lows over here, these previous lows, as resistance. We're  sitting with a ton of Fibonacci levels. Just to highlight here, we've got the 0.5 and the 618. So  here, between these areas of late 78,000 and mid 79,000, there is still a lot of resistance  in the markets, specifically on Bitcoin.

07:44 So if we don't start breaking through  there on this specific bounce, it's very likely that we could actually  see this come into play from here: push up, dump down, and then we start moving up. Okay?  That is something that's very much in play. Now let's speak about the next scenario, where  we actually go and look to hunt some liquidity. There is a bunch of liquidity on Bitcoin sitting  at 82,000.

08:03 Right? So if you've got highlights and you zoom out, this is why, again, trend lines  for me are just something that's really good to have on your charts. It's a simple line,  but it lines up with a lot of different things. So if you draw this line correctly, you  should get the tops in it. There's the top. You can see that if we decide to go from here to  the trend line, what price is that?

08:20 82,200. You then go look at the liquidity, and you see  it's lining up exactly over here at the 82,400 to 82,500 area. The trend line at the top here  is 82,600. Right? So that's the next scenario. The next scenario is, hey, we're actually going  to put in a good bounce here, which means that it will give us a sign that there is actually buying  liquidity sitting down over here.

08:44 One thing that I want to see within this bounce: I know we are at  bounce areas, we're getting near those zones, but I want to see volume come into the market. As we  stand right now, do I see a huge volume spike? No. Do I actually see some bearish divergence? Yes.  Okay? So for me, I'm not super convinced just yet. However, over the next few hours we can get  a chance.

09:07 If price decides from here to shoot up to these areas of 82,000 to 83,000,  and we start to get a volume spike in, that is a very good sign that we are really  getting buys at these areas over here, which means that this is still the scenario  that can play out of a higher low. But the good news is we want to see strength  actually in the market. Otherwise, strength is waiting down at the area over  here.

09:29 That's where strength will be waiting. So again, the plays. The first one is we actually  don't go much higher from here, anywhere here, mid to early 79,000, and we tank. The other  play is we actually start shooting through here. Those are the two scenarios. If we do  this, there's a good chance we're going to put in a higher low rather than a lower low.

09:52 And if we do this, there's a good chance that this is the new low into a higher low breakout.  So those are the major plays as we see them. Now, as this is all coiling up, guys, we are going  to start building huge amounts of high time frame liquidity at 85 and then at the 100. Once we  go down to this patch and get through here, I'm still expecting the market to get ready  to start actually looking to hunt the 100,000, and still possibly by the end of the year.

10:20 So when it comes to the other charts  here, which is the USDT dominance, this is still indicating the same thing  for me. I'm bearish on this chart. I think it's going to go down overall on the high  time frame. Right? But at the same time, I need to look at how far we are from the  major trend, and there's still liquidity sitting higher up. So this one is indicating  to me that the market's actually going to pull back again.

10:38 And not only that, it's very likely  to be a little bit more of a Bitcoin catch up. Because if I'm speaking about  Bitcoin going down to 73,000, what does that look like on the altcoins? So  if we look at the alts over here, I want to highlight the very clear supports on alts. The  200 day and the 618 is a huge one right now. The good thing with the 618 of this entire leg is it  is sitting slightly lower down than the 200 day, which means we actually have not officially  hit the 618 perfectly.

11:02 Right? So something like Bitcoin going down to the 72 or  73 area looks something like this. And the concern that I have with altcoins right  now is we have this resistance right ahead, which means that there is a chance at any moment  now the market does start to tank pretty quickly. Okay? And again, if it's the other side, it's  going to be a push up here, and then we're looking at some downside, possibly into a higher low.

11:26 So  we have a very interesting time when it comes to where the market's at, but the good news is we are  getting to a point of actually making a real move. Now, there's a couple of trades. I'm  still a little bit bearish on ETH, just to show you guys. I am on Insert Trade.  Again, we're going to be doing a lot more trading today. We've been trading a lot yesterday.

11:43 If you  don't have a WEX account, guys, there's another 24 hours until this expires. Here's all the coupons  that you can get. If you deposit up to $5,000, you can do 10 million in volume, which is actually  not that much on five, and you get a 400, 100x position airdrop. So here's all of that if you use  the link below. From that, guys, you can get into Insert Trade, where we do live trading outside  of the streams.

12:10 Right? So just to highlight that. Then let's get back over here. So things like ETH,  this is just a trade setup that I have in there at the moment. Okay, but I want to show you guys this  over here. ETH is still sitting quite far. Here is the first trend, which means that if we don't  break through now, we are going to dump back down to the bottoms.

12:31 And again, 2,100 and 2,200  are the strong supports on ETH right now. If we decide to break through it, then we're pushing up  to around 2.5, then a higher low, then a push up. So what I'm trying to get to here is  you're sitting with a range of up to 10, 15 to accumulate altcoins. Right? This is  a place where I'm personally accumulating a lot for the cycle.

12:50 Accumulating a lot in these  areas. NEAR, guys. NEAR did drop down to 3.7. Now, it's still got a little bit ahead, and there's  still time on when it's a real breakout, but there's still a chance of us actually dropping  down to around 3.5 to 3.3, and that's an area where I'm accumulating NEAR. Your Chainlinks,  everything like that. I actually highlighted these to you guys yesterday, to show that Chainlink  dropped down over here, and something like this.

13:18 Solana, guys, one of the big bags that I'm  paying attention to. I just missed my limit order at $89. I still think there's a chance  of this. I don't think altcoins are going to go much lower, guys. I think Bitcoin  still has a chance of going lower, but I don't think altcoins have a lot  further to go lower. Here is Render, down, up. Injective is breaking out, so  this rejects, down, up, very likely going to make a higher low here on Injective.

13:39 AVAX,  down, up. That is what I'm seeing for now. If there is another break to the upside, what  you want to see is them break out and retest, and these will be the next  new major entries. Guys, have a fantastic day. Come and join  Insert Trade. Lots of love. Bye bye. Fam, on Monday we spoke about the market starting  off red this week. I said we were over here, and we started to push down, and then  when we get down to this big zone here, specifically on Bitcoin and altcoins,  we must look for a big bounce.

14:03 Right? We are starting to enter a very big  area now, and as you can see here, the altcoins have now officially tagged the 618  Fib and the 200 moving average. This means that this is the area where we are fishing and  looking for a strong move to the upside. What we also saw is a bunch of liquidity  was wiped on the downside on Bitcoin, and now we're sitting with the big yellow  patch over here.

14:03 Right? So now the question is, from here, are we about to short squeeze into  the mid 80,000s again, and what exactly does that mean for altcoins? Guys, lots to speak about  today. Do me a favor, smash the like. Let's go. I try and help everyone in my space, and  this is what I get. I try and fight the devil's... but inside I'm just like Sniper.  Welcome to the show.

14:04 Search for the bottom. The bottom, that's where we're at right now.  So guys, I want to highlight here again that alts are also now coming into that big  impact zone. Right? And as you can see, just one thing to highlight here: what we're  basically looking for is a support move here and a move up over here in quite a short period of  time. We were not getting buying pressure up over here.

14:05 The sellers eventually came in once the  bulls lost control in this area over here. But what we're looking for now is the buyers to come  in. We're looking for volume and buys to come in. And as we're now coming down to the big  zones, I want to highlight to you that when we break out of these bear kind  of cycles, you are going to have these pullbacks.

14:06 One important thing that I want to  pay attention to here is when we break out, we tend to come around 60% of the way back as  the retest. Sometimes we dip slightly below the 200 day. What we are paying attention  to is the healthy level of the pullback. So if we look at this again, the first signs  were a break of structure and new highs. It's quite clear that things have started to  shift from what they were for multiple weeks and months.

14:07 But as you can see, we  tag into the 618 and then we get going. Now go and look at where we are now. First, we  have the 200 day moving average, and secondly, if we now drop the Fibs, as you can see, the  618 is sitting in the area over here too. So we're going to jump into the short  time frame now to see, hey, from here, because I'm not fully convinced that from here  we're just going to move up.

14:07 I think there might be another attempt to the downside. But  at the same point, I do think that this is a big area of where to fish for a strong  bounce. And for me, the bounce is basically preparing itself from here up to the top again,  to these areas. Now, again, a little bit later, possibly around the December areas, we're  possibly looking at new highs.

14:08 But for now, we just focus on the strong bounce, because we  are now making this slow momentum to the downside that I want to show you guys. The slow move  over here, this is very likely to get engulfed ...pretty quickly. Okay. So if you look  at this previous time, slow moves down, big move comes out of nowhere and  catches everyone off guard, right?

14:09 Something pretty similar here. As you can see,  there's still some space to the trend. Okay, so I still want to give the bears a  little bit more time here to say, hey, you might want to keep testing lower down.  Okay, but again, in any of these zones, if we have a bounce or break of the  trend, I'm looking at a stronger value. So not only that, I think in a couple of days  we could be back up to these areas over here.

14:10 So I do see a very big double-digit  green week incoming on alts. Okay, we might just be seven days  away from possibly seeing that. Okay, then again, when it comes to Bitcoin,  Bitcoin is now sitting at this important zone, and I'm going to speak about that specific  scenario over there shortly. Okay, but Bitcoin is the only one that's still slightly  not at the best, best, best supports, right?

14:10 So a couple of things I want to pay attention  to is the main momentum trend. But we still have some space to that trend. Okay, and as you can  see, we're basically still looking at anywhere between 5% and 6% until we're at that trend. In  the same area of the trend, right, and the same area of the 200-day moving average, we're sitting  with the 618.

14:11 So as it stands right now, right, this is still an area where Bitcoin is possibly  looking to get the real bounce we're looking for. Now, we do have a scenario from where we are  now where we can see a bounce from here. But as it stands, this is something to  really pay attention to, because the momentum is moving up, which means that if  we don't start moving there pretty quickly and...