PAY ATTENTION: Today WILL Be Critical For Bitcoin Bulls! [They're Holding The Line] Transcript, AI Summary & Key Points

00:01 We have Bitcoin showing a lot of resilience, reclaiming $80,000. It's got a lot to do with the memory stocks coming in with good earnings reports and consequently putting in a bit of a bounce, taking up the NASDAQ with it. And the QQQ3 trade that we have is still alive and well, but barely, right? So, holding on to a key level. MAG X as well, which is a magnificent 7, the MAGS ETF also bouncing off of key support.

00:25 We'll talk about that today. And can this push prices higher? Bulls are holding the line temporarily and of course it's an important day because it is going to be the interest rate decision and the FOMC press conference. Now I don't think there's going to be any fireworks around the Fed funds rate decision that's pretty much baked in at 4% uh forecast which is the same as what it previously was.

00:44 But what may get interesting is the press conference which is probably where you'll start to see that volatility kicking into the market. It's late for me. It will be 10:30 p.m. I'm in the UAE. And for those of you in the US, I guess that's going to be um after the stock market has opened a couple of hours in, maybe closer towards the the end of your day over there that you'll start to see uh these conferences, the FOMC conference and um what of course Walsh has to say about the economy.

01:11 So you can come through and vote over here before we build the case for what we think is happening within the markets. Can bulls hold $80,000? That is a pretty critical level. where they are sitting just above right now. And will they solidify a shallow dip, meaning that a higher low is starting to form on the low time frames and ultimately they're going to defend that low.

01:32 That was the dip, right? Just uh sub 80K and then send it back up. Right? What do you think? Let me know over there. Vote, smash a like button. We have 34% of you saying the low is in and you have 27% saying they could, but they won't. And then we have 33% saying there's no way they hold $80,000. and we are going down right now. Of course, the uh FOMC and all of that is not actually the most important thing.

01:56 It's going to be um the midterms and what happens after that as Trump has obviously been threatening a whole lot that he's going to pretty much blow everything to smitherreens the very second that the midterms are complete and you should prepare for Operation Epic Fury 2.0. So therefore, the market won't like that if that happens. But at the end of the day, let's look at what the charts suggest.

02:17 And what we're seeing is a bounce in one of the most important sectors, the AI sector, right? Memory stocks ripping overnight. SKH Highex crashed their Q3 um earnings reports over there. And consequently, we saw an overnight bounce in these markets, the uh Drram ETF, SanDisk, MU, SKH, which will take up the South Korean stock market, the Cosby with it.

02:38 And consequently, if those do pretty well, well, we can start to get that bounce in QQQ3, which we're still holding the long trade on over here. But it has got relatively sketchy indeed. Right, coming down below this 200 EMA, holding on to it. We're still hoping for a bump and run scenario. The bump got a little bit too bumpy for my liking. I would have preferred the bump and run over here, but we bump down one more time.

03:01 Um, now that really needs to be it, right? If you do start to fail here, you're probably coming all the way down into the strong horizontal. So, we're watching this like a hawk, right? Keeping a close keen eye out on this and would like to see some risk on over here and some continuation. We do have the bull moon for Bitcoin. Ultimately, if this does rally, if we start to see the NASDAQ pushing towards the upside, um what's most likely going to happen is it's going to take Bitcoin up with it, which means 80K will be

03:27 defended. Now, of course, if you start to reject over here and you can't get above the yellow line, this is the level that we've been focused on uh for quite some time. And the overnight trading is sitting right there, right just below that yellow line, 727. If you can get back above that, you can start to reposition this towards the upside. Um, but again, we need more information.

03:46 It's not quite there yet. And 7811 is the level to reclaim over here on the S&P 500. Those are the zones to watch for. And then again, just updating on the two main trades on the table. I'm going to tie this in, which is pretty interesting and a little bit controversial. All right, we'll we'll tie this in with a tweet that's recently gone very very viral.

04:07 And you know, I have to agree to an extent with the tweet. I wouldn't be as bearish as what the tweet is, but I'll make my point in just a moment. Consider the upsides over here, right? This trade that we targeting over here has a 20% move and it could go much higher after that after reaching the target. This is the minimum target, right? We could be uh reaching this all the way up 25% which would be into the 161.8 8 fib extension over there on MAG X or or the MAGS ETF.

04:34 Remember, MAG X will provide two times the value. It's basically moving at two times the speed, which means if you're going to do 20 to 25% on this trade, that means that you'll do 40 to 50% on MagX. Right now, keep those numbers in mind when I tie in the tweet that I'll bring in in just a moment. Right? So, ultimately, Mag X, it looks okay. If we go through onto QQQ3, we can see it's bouncing off of that key level.

05:01 It also has much higher upside targets. The um the magnificent seven stocks independently or individually are a little bit of a basket of mixed signals because you have Amazon, which is looking pretty decent. It's holding on to that trade over there. We have Google, which has dipped a little bit deeper than I'd like, but I'm going to give it a bit of a chance to bounce over here.

05:20 I'm not closing out the long trade just yet. Um we'll see. We'll see what happens over there because uh this is also coming into a strong horizontal. So if it can start to rise from here with the rest of the market, it may be okay. We have Apple that's doing decently. We have Nvidia that's okay. But then you have Meta which is getting absolutely smacked.

05:37 If you look at Meta, this is the mixed basket, right? This is a 20% drop. This is very very serious volatility, right? And you can again keep that in mind alongside the mags percentage targets that we have and the volatility that we have relative to Bitcoin, right? So big volatility over here. Microsoft is holding up and Tesla has started to break through the uh the at least downtrending trend line but coming straight into very strong horizontal resistance.

06:03 So we'll see what Tesla can do and if it can start to bounce out of here, right? Pretty interesting stuff. A quick word of mention over here for those of you that are hunting for trade ideas. Um, we've spoken a lot about True North and I was hunting for trade ideas, you know, just yesterday and I was having a look over here, True North. Typing in over here, find me a trade setup on QQQ because things were getting sketchy and we're coming into key supports.

06:28 And this was the trade setup that it provided, right? This is the previous quarter's mid-range that it's now starting to reclaim. Shows the previous week's high. If you can get back above that, it's almost baked in that you're going to start to move all the way towards the range high. So for those of you looking for the AI edge in trading and you don't want to try and code your own platform, um you know, these guys have already done all of that hard work feeding all the relevant trading knowledge and information into

06:55 this AI brain which you can use to your advantage, right? So it gives you absolutely everything. It shows you the trends, it shows you where the support levels are, the resistance levels, and it gives you a true risk-to-reward setup. So that is linked below. I will remind you that it's limited to the first people that use it. I don't know if we still have spaces available, but at the time we had about 100 spots.

07:15 Remember, this is based on uh credits, right? So, if you use that link below and then more importantly, you put in the reference code, which is Kyle CB, that will give you access to the tokens if you're in the the first group, right? The first cohort of people coming in to use it. So, you can use the AI scanner. There's another trader that's big on Twitter.

07:34 His name is Skew Trader Skew. Um, and if you go through over here, he basically gives his entire scanner, uh, for free as well on the platform, which you can use. You can click that uh, click his name over there and deploy his agent to look for opportunities within the market. So, you can see over here it shows you what the high conviction trades are, the mixed baskets, which you probably want to stay away from, and then ultimately what is the best chance of a runner, right?

07:57 So there's some really good opportunities over here um using these AI agents that are trained specifically for trading, which is what you want. So um link is below if any of you want to go and test that out. Give it a go over there. That has provided this trade setup which gives me at least some confidence over here that you're probably going to bounce off of the zone on QQQ3.

08:17 So let's quickly move on. We'll get back into the rest of the mix in a moment. DXY still moving towards the upside. This does apply a bit of pressure onto the risk on assets. The reason that um the indices the US indices are bouncing again is mostly going to be because of the massive waiting that you see within the AI sector. So continuing to watch that over there.

08:38 It is a tricky environment and we'll keep a close eye out on that. Right. So um let's go straight to the points over here. Right. So you have Jason which is from the Allin podcast right? So, he came out over here and for those of you that haven't seen this, it's gone viral. Almost 2 million views, 1.7 million views, and it's causing an absolute uproar on crypto Twitter.

08:57 But, there is an element of truth over here. I wouldn't say it's entirely true. You have to be able to be willing to stick with the overall trends, which you can see over here. This is our idiot proof formula, and that's why we put it in yellow. It's like the four dummies series, right? Um, anything for dummies, you put in yellow. So yellow if you're above it and it's angled towards the upside there is the possibility for the bull trend to persist and you should expect that this is your first higher low in the making

09:25 but he does make some interesting points over here and we'll go back to that right he says it's been a brutal year for Bitcoin and it's just getting started which means he's mega bearish expecting a retest of the lows at 57k within the next 12 months so he says the outflows from ETFs are signal and they will continue it's basically telling you a story that chances are the outflows will continue.

09:45 Now, there's validity and truth over here because if we line it up over here with our daily exchange volume, you know, we have seen this is one of the ultimate sources of truth and like a tide in the ocean, right? You can't deny it. The tide is either going in or it's going out and right now the tide is going out, right? The money is flowing out. If the volumes are going down, it makes difficult uh it it makes it difficult for a trend to persist, right?

10:10 So, in that regard, he has nailed nailed it on the head over here. He says there's far too many dynamic places now to put your money that are creating much more value. And he says the viral nature of Bitcoin was its previous power. Right? If you don't own it, then you're mocked and an idiot. And he ultimately that has started to drop off. So he says Salad and shift from Bitcoin to super intelligence because one provides little to no value.

10:36 Of course, he's saying Bitcoin provides little to no value, which is interesting because he was a big Bitcoin bull at a point. and the other provides unlimited upside for humanity because AI is supposedly changing the world. But then he goes below that to shill bit Bit Tensor which is a crypto by the way which is just funny because of course we know that if Bitcoin goes down Bitensor is probably going down much more much much much more right if Bitcoin goes up sure Bit sensor can catch a little bit of a bit but I think

11:04 that it's interesting to shift your mindset and to think in terms of risk to reward and this is kind of what goes to my point where I told you to remember the trade setup over here right this does provide a better risk-to-reward trade setup because if you are targeting of course uh 20 to 25% on this and you long on MAG X which we are well ultimately this is going to provide us with anywhere in the region of 40 to 50% return on investment.

11:30 Now you have to consider the risk-to-reward on Bitcoin and what Bitcoin would have to do to provide the same results. If you bought Bitcoin at 80K over here to get the same result Bitcoin basically has to trade all the way back up to new all-time highs. Now, I'd imagine this would be a much more stressful, rocky journey to get to those all-time highs in Bitcoin versus trading the top seven stocks in the world.

11:52 Right? If the top seven stocks in the world, which is represented by the MAGS ETF, were to collapse, chances are that Bitcoin is in a much tougher position with much further downside than what these would have. Therefore, the risk-to-reward is very, very simple over here and does suggest that, you know, there is some truth to this tweet. Now, um, if Bitcoin were to come low enough, of course, the risk-to-reward begins to change drastically and it depends on your time horizon as well.

12:19 If you're targeting, of course, 10 years out, chances are that Bitcoin has much much much more upside uh than what a lot of these things do, right? So, it's all about the timing. It's all about the risk to reward, right? You got to keep uh uh your your eye on whatever asset you're trading over there. So for right now, independent trades, I still think that these are some of the better trades.

12:41 QQQ3 is providing some great um opportunity over here as well being three times the moves that you would expect. At least this is measured uh each day, right? It's it's a little bit more complicated. You can go and look at it. Um go go into true north actually and ask it about that, right? You can go and ask the AI over here. What is the difference between QQQ and QQQ3?

12:59 And how is the volatility and the size of the moves measured? And this will give you a very very very solid answer to help you to understand um your positioning and whether you can even get liquidated on something like this or not. So with that being said right um ultimately BTCF it comes into key supports it's still a buy but you have to keep some kind of a stop loss over there to make the riskto-reward make sense.

13:22 I think that the days have slightly shifted. I don't want to say they're gone, but the days have shifted where you can simply just buy and wake up four years later and you're up anywhere from 10 to 30x. We spoke about that yesterday and we looked at something like Ethereum would probably provide an 8x return if it played out all the way towards one of the more bullish case scenarios, which would be $12,000 um Ethereum, right?

13:48 Then you got about a 8x return if you sweep um below some of those key levels in the range that we looked at. So for now for Bitcoin, what we're looking at and what we're viewing and observing over here is the attempt to test some of these major supports. Now it's very tricky and we spoke about a plan for that yesterday where you could uh lay a horizontal grid orders and basically buy as price is falling over here to at least gain some exposure if you have absolutely no exposure in the market.

14:15 Ultimately you get very lucky which I would say would be a strong move down to 69K 68K and then immediately this gets absorbed and closes back above the 21 EMA meaning you know this becomes the body of the candle that becomes the wick that would look beautiful that would be an absolutely rockolid entry and we'll be beating a different drum if we do start to see that right so it is high time to pay attention because the economic situation is obviously intensifying um and so is the geopolitical situation which might

14:45 provide that opportunity. Now, the trends can remove the noise and the trends suggest that it's in an uptrend and it's coming into key supports and this is exactly where you want bulls to step in. So, this is not bearish, right? This is actually bullish that Bitcoin is holding up at $80,000 despite what um the rest of the markets have been doing. Many stocks dropping to 52 week lows, right?

15:09 So, basically new lows across the stock market. It's only some of the majors that are holding things up, which means this is theoretically somewhat bullish. It's just a question of is it going to be more bullish than MAG X and QQQ3. I don't know the answer to that and therefore I'd bid all three. So therefore, it's worthwhile building some kind of a portfolio between these three over here so that you have some decent positioning.

15:32 For those of you that say you don't have a lot of money, right? Um, you know, 50% is not enough for you. Well, firstly, that's crazy because the that would be complete outperformance of the stock market's yearly returns. But I understand as well cuz I was once there where I didn't have enough money or enough capital and I had to slowly build it up over time.

15:51 Now, one of the most useful ways that you can do that, I'll remind you guys, is by getting funded. If you have a trade strategy and you can hit the targets that they've provided, which is if it means if you can achieve 5% profit without losing 5% of the account, which is pretty good odds over here, that means that you can pass a challenge. If you can do that successfully within their rule limits, you can pass a challenge and get funded up to $150,000.

16:16 They are running a special, it's the trick or treat bundle that's out right now for those of you that want it. Just read over here. It's pretty good. Um, they're basically giving you a free pack, right? So, it says over here, every pack stacks multiple challenges and it throws in another instant free account. An instant free account means that you only have to pass one hurdle and you immediately get the money.

16:38 So, you get a normal challenge and you get an extra one on top of that. This is part of their um, you know, Halloween special, right? That is linked in the description below. So, let's move on. Let's have a look at Bitcoin. No denying it the daily exchange volume is still struggling over here. Um it's really really bulls are fighting for their life over here to hold this $25 billion mark.

16:58 We spoke about this being super super significant 25 to30 billion is the level to hold. You can see over here this is where price pre or at least the volume previously made a major low which came in sub 15 billion that is over um a 7-day period. 15 billion worth of volume. So you want to put in that high low more or less at the 50% level. That's why we say 25 to 30 billion because that is um around that 50% level.

17:25 So keep a close eye out on this. The ETF outflows, you know, do continue to persist. We got to keep an eye out on that as well. So compression is uh what we're starting to see over here. And the liquidation levels are dropping off even further. Right? 148 million. Most of them now was the little move up over $80,000 yesterday. High leverage short traders getting taken out.

17:46 But we have to be aware that there's a possibility of a liquidation cascade down which could take you into some of those low targets that we outlined um over here which would be in that 72k region. Right? Macro 50% level stop and reversal indicators coming in just above 69K. We got the exact 50% level from this move measured from the low to the high at 72 0.382 level confluent with the 21 EMA and that's at 76.

18:12 Basically, that whole area is spread with massive support and there should be buying demand that comes into that zone. But what happens if you begin to lose 80k? Well, a lot of stop- losses will get triggered, right? And you can see it over here from Kong Yu, right? who's an onchain analyst over here and he he says over here the per liquidation map on hyperlquid which is one of the most traded exchanges at the moment shows that well if BTC begins to drop below 80k and it can sustain under that gaining acceptance below

18:41 that you might cascade all the way down to $73,000 the nice thing about this is it's completely confluence with everything we're looking at in terms of levels of interest and I do believe that becomes a strong buy so if we go over here and we have a look at the liquidations on the 24-hour period, it will show a little bit of a different story. A little bit building above.

19:00 So 81,600 equal amounts of liquidity below, which means you're going to be trapped in that rangebound environment most likely over the course of today until such time as there's uh volatility from the FOMC press conference, right? However, if you look on the downside, the liquidity is definitely stronger over there and that is at 79K. So if BTC dumps to 79K in short order and then immediately reclaims, it could be a healthy sign or will show there's absorption within that region.

19:32 And if you remember from yesterday's video, we highlighted what typically happens into the FOMC is if you're going down into the FOMC, usually the week after that, you tend to trend up. And if you're going up into the FOMC, usually it's the week after that that you retrace the move. So it kind of has some kind of an opposite reaction. So, we got to keep an eye out on this, right?

19:52 Very, very, very important. We can move on into the volatility squeeze that's taking place over here. The indicator has crossed above the 10 percentile mark, which is the start of confirming the expansion. But, as you can see over here, prices reclaimed. It's back up. So, a deviation of this level still opens up, right? It's it's bidw worthy, if you will, right?

20:13 which is why there'll be such a a liquidation cascade because it's such an obvious level to place your stop losses under here that it becomes a gamble, right? If the stop losses don't get tagged, there's a possibility of a move to sweep the highs which has also a lot of liquidity from the double top. But um again, is it too obvious? You know, with there's going to be tons of stop- losses over here, which means are they going to first smack that out?

20:38 I don't know. I don't have the answer for that. just be prepared for anything leading into the meeting later on today. And then we can go on to um our overall range chart over here. You can see crystal clear range high, range low, key supports, nothing has changed. We spoke a lot about this yesterday and until such time as bulls can get it back above and hold this level, which means you probably need a bit more time, right?

21:01 So what this means is if for example price hasn't broken down and we we are holding this exact level. So, if we see price chopping about over here um into next week, so into early November, you know, that might be it. The chances are that's been enough consolidation or reaccumulation on a low time frame to deviate and flip this thing back above the um range high, which will flip the range high into support.

21:25 Remember this is the way in trading that it works is usually you have a level price cap below it and eventually if it grinds into it it breaks above what was previous resistance now becomes new support. All right and that's basically what you're looking at for Bitcoin. If Bitcoin can grind it out over here at $80,000, it has the ability to potentially jump back above into the 83k region, flip this into key support, and that would be a good sign, right?

21:50 Maybe that would make um Jason eat his words over here, right? Because Jason right now um is very bearish on Bitcoin, right? He's I think he even said in here that it will never take out its alltime high. Literally, here it is. He says over here, "Bitcoin will never break its alltime high ever again." Let's put this in uh what color should we put it in?

22:10 We can put it in a bold color. There we go. Bold color. And we can highlight that as well. So it can be on the record. All right. In red. It's on the record. He says, "Bitcoin will never break its all-time high again." I don't know if I agree with that. Obviously, that's a that's a little bit of a tough call. I think that's an insane call to make. You have to consistently reassess what's happening within the market, right?

22:30 A lot can happen. So, the levels are still exactly the same in terms of the RSI flipping back up. Well, we're right at that line. If you get above $81,000, that's it. Your RSI starts to pop back up. But remember we spoke about the descending triangle and the validity of actually looking at the RSI in terms of technical analysis and it works in a very similar way.

22:52 What that means is this 50 level is always important, right? So if we do see the RSI attempting to pop back up over here and it can't and it begins to reject there, that changes the picture, right? That means the RSI will reject hard. But the alternative is true. Get back above the 50. Spend some time for Bitcoin price consolidating around 80 to 81 and that's that might be enough reaccumulation to say that the worst is over and we're ready to go up.

23:18 and I'm sure it has um all the timing uh uh is going to be confluence around the midterms, right? The timing of that. Okay, so great. Everything is over there for you guys. What I do to remove the noise, you know, of these things, I say, you know what, if if we're above the 21 EMA and we're within the timing vicinity, you know, in terms of where we expect a new cycle to begin, which we always said was going to be around Q4, October, November was the base case.

23:43 September, October, November is where you tend to see that final seasonal weakness. Um, of course we uh, as it currently stands, you put in the low in that June July period. So therefore, it does meet the timing factor. It doesn't mean that you must go bid all in now. But you just keep the dollar cost averaging bot ticking over, right? So basically, I just come over here every single day on Coinbase, like I said, and there it is.

24:06 I just buy $100. It's literally as simple as that. Um, and then of course if we do our deeper test into these low into these low zones, this is where it's time to start to load up and apply much more risk on the table. Now, I've heard that Coinbase are going to be starting a massive trading competition. You heard it here first, right? This is one of the biggest in the space.

24:26 It's $2 million. If you want to win $2 million, I'll drop the details tomorrow on how to do it. But um for now linked in the description below, you can also get 80% off of your trading fees for Coinbase by clicking that link. Even if you had an account previously, click that link over here. It will connect it to my account over here, which means that you'll be entitled to 80% off um and your $275 deposit bonus.

24:51 All right? And then we'll we'll try and trade that trading competition, right? The trading competition is going to start soon. I'll give you all the details on how to register um for that tomorrow. All right. Okay. Let's move on. Let's have a look at some of the altcoins over here and see what's going on. So, ETH has still theoretically broken this trend line.

25:10 I mean, you know, can you be a bit more generous and draw the trend line like that? Uh, you know, usually not, right? Let's just see. We'll try to be as realistic as possible. The thing is you're not touching or connecting over here. So, we have to have to have touch points. You can say maybe maybe, right? If you look over here, without breaking the bodies of any candles, that's part of the criteria for a trend line.

25:29 Can you say that ETH is still holding? Well, you know, yesterday or Monday's candle closed below the trend line. Can we draw it any more tight? Right. Let's just quickly see over here. I'll just give it a little bit more of a squeeze. There we go. So, yesterday, yesterday definitely uh opened below and the day before that closed and opened below the trend line, which means the trend line theoretically is broken.

25:52 We can see deviations on trend line. So, I think it's worthwhile watching. What you do for this is you need to mark out the downtrend and then use some sort of a trigger plan when prices obviously start to break back up. So, um if the worst is going to be over, we at least we at least need to break this, right? We need to break this over here. Otherwise, on ETH, you still risk doing this, right?

26:14 Moving up to the trend line and then dropping further down. And I think that this drop becomes an absolute sweet spot for Ethereum, which we covered just yesterday. Okay. So, um it's all going to be dependent on what Bitcoin does and what the NASDAQ does if we're going to get continuation of that bounce. So, we'll keep an eye on that. All right. Let's move on.

26:32 Let's go back onto the dailies. How are things doing in the privacy world? So, if we look over here at Monero, still very strong privacy coins are cooking. We can look at Zcash. Good, right? We spoke about this. We said this is a great area over here. Um you know, makes total sense of your stop losses underneath because if you lose that area now, you cooked.

26:51 This came into a high time frame support area. This was your bullish order block that drove price up for the first move and you basically back tested that. You broke the downs sloping trend line. And um you know Zcash is still looking like one of the strongest coins that's out there. Uh pump hovering about over here. Uh we'll need to keep an eye on this one.

27:10 It has you know some demand that's forming. We spoke about when this move occurred. We need to wait a bit. It's better to sit on your hands. Although we saw the ability for this to start to bounce and potentially reverse back up, we said that it needs to spend a bit more time over here to consolidate, which now it's doing. So, holding out within this region over here could be decent as I'm still holding the long trade over here with bids all the way down to like 58 cents.

27:34 You know, I don't think we're going to get filled all the way down, but I've got like maybe I think like 25% of the capital that I wanted deployed deployed into this trade. Um, and yeah, I'm expecting eventually this is going to trade all the way back up to I think it's $3, right? Eventually you're going to trade like like what lighter did with a full cup and handle formation, which I can just give you a demonstration on that.

27:57 This eventually I think you're going to do the cup and handle $3 some sort of a pullback consolidate into $3 and then you're going to pump all the way up um you know much much much higher. So ASA I'm still holding that over there. All right. Um VVV, can you short VV is one of the questions over here. Let's have a look. Well, it has been one of the strongest coins.

28:15 So, usually you don't want to you don't want to short whatever is the strongest coin. But let's check it out. Um maybe looking at this as like the blowoff top into complacency bounce. Is it possible? You know, should is possible. I guess if you want to be short on this um hard stop, right? Very hard stop loss over there. If you take out that level, you got to be out and your confirmation of the breakdown will only occur when you lose this yellow box.

28:41 So, if you are short on this, you need to see something like this, right? Um, and then ultimately, you're probably coming back into these lows. I'm not calling for that. I'm not saying that's going to even happen. I think that probably it's just going to range over here and try and reaccumulate. So, I think if you're lucky, you'll get you'll you'll find it back down here at about 2120.

28:58 All right, that's the level to watch. Okay, midnight. I know there's a lot of requests on this one. I've saw it yesterday, so I don't even know what the token is, but let's pull it up. Um, is this it? Midnight. It must be this one, right? uh ticker night. Just let me know in the in the comments if that is the ticker. Uh yeah, big move up. Big move up.

29:18 Look, I guess this is the level that you want to hold, right? You definitely don't want to come below these lows. But I have no clue what this coin is. It's a 13% stop loss if you are going to be going long on this. Um it's very hard for me to comment on this to be honest with you because uh it firstly doesn't have that much chart history. This was a major resistance area which is where it rejected deviates below gets above breaks down uh resistance all the way back down resistance rejects.

29:44 So if you can get above that that's your breakout level towards the upside but I don't know anything about this coin I don't want to comment too much on it shook can it bounce over here and rally into this zone I think so especially if the rest of the market does. I guess hard stop loss underneath these lows which is going to be 35490. Oh Charles Hoskins project.

30:03 Okay. Maybe he's going to get the whole Cardano army across um onto Midnight. Okay, I don't know. I don't know. It's a DEX, right? Look, if it's going to go anything like Cardano, well, maybe it's going to have a mega pump in the beginning and then after that, uh it's on its way to zero. What What does Cardano even look like these days? Let's have a look at at Cardano over here.

30:24 Um all right, Cardano. Let's go to Cardano. See, Cardano will put it next to midnight. We'll go on to the weekly and it's pretty cooked, right? Pretty cooked over here. But of course, if if you can even get half of this, even a quarter of this, this is absolutely monumental, right? I mean, a move like that, this is unbelievable. 4,000% almost. That's unreal, right?

30:48 I'm sure any of you would take even a 2x if you knew it was going to be free money. All right. Why not? Okay. Yeah. So the the it's going to be the Cardano holders that are bidding those things up. But in my experience, what I've seen is usually when these founders create one and it becomes like a giga run, the second one people go in even harder on cuz they think that it's going to repeat even part of that and then they get totally rinsed.

31:13 So just be aware of that. Like you need to control your risk, right? If if you miss Cardano and the generational wealth that you could have made on this, you probably don't want to go in with more size now. you want to go in with less size. Um, and yeah, hope for the best. It's it's it's a big gamble. All right. Okay, guys. Let me know in the comments what else are we looking at.

31:36 SpaceX SpaceX is more or less in the same place. Um, I did look at it this morning. You know, just bobbing and weaving. We spoke about, you know, 130 to 140 is really uh going to be a key area for this to hold. If you come back down in there, you know, hopefully a bit of key support over there and you build a range. But uh but SpaceX is a dollar cost average from 12 June this year to 12 June next year because that is where the stock um unlocks right for early investors and they'll probably be selling some of that.

32:03 All right. Uh next, what about some of the more major things that are used daily like Tron? How's it holding up? So Tron over here, we're looking at on a high time frame over here. So you know this is still consolidating very close to alltime highs. You have to ask yourself, let's ignore that wick over there and just look more at the body candle closes.

32:23 This is 10% away from all-time highs, which is unbelievable. It's obviously very slow moving and been consolidating for quite some time, but um you know, you holding this mid-range level. It is holding this mid-range level. Um it's a crazy chart. Really, really crazy chart. So, still holding up. I think that sweeps down into like 31 cents. Um even just for a low time frame range trade back to the high probably makes sense.

32:46 So pick it up over here, long it into the range high. If it breaks and holds that range high, you know, this thing will get sent. And these are big ranges, right? It might not look like much, but 15% range is pretty decent. All right, Cosby. We can have a look at the Cosby. So the bounce in SKH Highix, which is um obviously reflected over here by this tweet.

33:08 So you can see SKHEX crushed their Q3 earnings. So, we can have a look at that because it makes up such a massive part of the Cosby index. Well, um, of course, you got a nice sizable bounce over here. Now, it's going to get interesting because you're coming into the 200 EMA. If this rejects the 200 EMA, that's a really, really bad sign. At the end of the day, you do have price closing at new swing lows.

33:28 On a closing candle basis, that closed at new swing lows, and you've clearly broken down the chart pattern, which means I would treat this more as a deadcat bounce than anything. I I wouldn't really mess with this stuff. I' I'd rather sit um on the sidelines when it comes to trading Cosby and rather only allocate if enough time is spent consolidating or if you come deeper down into this 4,000 region.

33:50 We should also look at medals and see what those are doing. It looks like they are still struggling more or less the same place. Uh you know, gold same place. Silver getting a a bit of a bid. This is a demand zone. So, you're getting a little bit of wicks that are forming over there on the daily time frame. uh maybe it can bounce over there. Nice reversal candle yesterday on uh platinum.

34:12 So all this suggests is that maybe a bit of relief uh that's coming into that market. Copper also a big bounce. Aluminium a big bounce but all of these are probably deadcat bounces. And then palladium still getting absolutely smashed. All right. Nice, nice, nice. So we've we've been through a lot over here. Um guys also I want to let you know if you have a exchange over here with any of these exchanges.

34:38 So a blowof by bit or two bit. Um can you add another one? No you can't. Not another two bit account. You can come through to spin the wheel. Right. So if you have those accounts if you don't have those accounts you can pick them up below. So if you go below here do we have those? We only have space for um two bit. But you if you sign up to two bit over here they're also giving you like a 30k bonus.

34:59 Uh, come through. Spin the wheel. So, it looks like this. Spin the wheel. There we go. If you have an account, you can spin the wheel. I just won $10. Wonderful. That is beautiful. Thank you very much. I'll take it. That's a free cappuccino, right? I I love my cappuccinos. At least one a day. So, thank you for for covering one day's worth of cappuccinos for me.

35:18 So, you can come through, spin the wheel over there, and you can win some prizes. Right. Someone won two iPhone, the same person. Now, the way this works is it's linked to your account and it you'll get extra spins based on your trading volume, right? So, if you trade more, of course, the exchanges make money off of trading volume and they're paying for the prizes.

35:39 So, if you want to come and play with this game over here, iPhone Duo, so you can watch yourself get liquidated on two screens at once when you flip it open. And you can also win $1,000 for your next liquidation. So, link in the description below. All right, for your just one more trade. One more trade. Um, okay. When do the prizes get distributed? Uh, this is a good question.

36:02 This is Ragna. Dylan, right? You change your name to Ragna now. Um, I don't know. I don't know when the prizes get distributed. I'll find out for you. Let's see if it says anything over here. It's probably at the end of the week or month, I'm assuming. Uh well, look, the the the these prizes will be distributed instantly into your account, probably immediately.

36:23 But obviously, if you win the iPhone, I'm then they're going to have to ship the thing to you. So, that's probably going to be maybe the end of the week or month, but I'll come back to you on that tomorrow. I'll get an answer for you. All right. Okay. Amazing, guys. Let me know if there's anything else that we've missed. Oh, Robin Hood. We must look at Robin Hood.

36:41 It's getting absolutely nuked. Yes, Robin Hood. Let's have a look at Robin Hood. This thing's getting killed. Um I did look at it this morning. Heavily heavily smacked. Um where is Robin Hood over here? We should go through all of those those AI trades. So let's start over here with um SOXL. So this is a semiconductor ETF also getting a bounce. Be very careful that this is not a deadcat bounce because the key support is usually magnetic and that's around 55.

37:07 Okay. Uh DRAM ETF big move up. Same story, right? Be very careful that these are not deadcat bounces and to work out the areas of interest. I'll usually target in a very bearish trend. It's going to be the 0.382 to the 50% level, which would also be underside resistance. So, between the orange and white line is where that would typically fail. Palenteer, we're still holding the long trade over here, and it looks good.

37:31 Robin Hood, we we got taken out of this trade. And this is the problem now with um Robin Hood is that you've now officially I mean, yeah, you've you've broken it. Like, we can't be any more generous on this trend line. That's that's the trend line. broken this trend line overnight trading which means liquidity right stop losses stop losses stop losses if you hit this one over here you can create a liquidation cascade so Robin Hood is getting absolutely smacked over here um and we need to just give it a bit of time to

38:01 reassess when that slows down and there might be some sort of opportunity but you deviated the high right so you had the big um you know grind up into resistance which is where you're looking for the bigger breakouts to occur and then of failed failed back inside the trade. We stopped out uh we we went way up into the profits but um you know you could have stopped out at break even very very very easily and now you are below the 200 EMA.

38:24 So Robin Hood is getting absolutely whacked. If you look at MU getting a nice bounce over here but same story target those 0.382s and 50% levels as resistance. Intel is getting a bounce exactly off the 200 EMA. So you know this can rally into this 110 region. Uh Caterpillar's below the 200 EMA which is not good. AMD way above the 200 EMA also getting a bounce.

38:47 Um SKH Highix exactly on the 200 EMA and getting its relief rally or bounce over here. Um same story, right? Just be wary of those key fibs. Uh this is going to be 1492 to 1572. Okay, Samsung big bounce. SK Highix also a big bounce. Marvel um little bit of a bounce over there. All righty. Amazing, amazing, amazing. So, um, yeah, a strong economic day that's coming out.

39:17 I will remind you, final call for those of you that want to get, uh, or take advantage of the Bitfunded special. They're giving extra, um, accounts away for free on top of whatever you buy. Right. So, final call on that. I'll see all of you guys on the next one, which is going to be tomorrow. Have a wonderful day, everyone, and cheers for now.