There Is A Strong Bounce Incoming For Altcoins (Get Ready) Transcript, AI Summary & Key Points

00:00 guys. Okay, big action-packed show today. I have taken positions in the markets. I am starting to long coins and build portfolios now as it stands. In today's stream, I have four tokens I'm already in right now. And there's another six tokens that I'm buying throughout the week. All depending if we have one more little shake or if we're going to pop from here.

00:19 Now, the good sign is the closing candle last week is bullish. Not only is it bullish, very likely we're actually going to engulf the damage that has happened over the week to the last two weeks anywhere at any point in this week. I am bullish on gold, right? I'm bullish on stock market. There's a lot of I want to speak around. And then secondly, I want to speak around the plan of how I'm looking to 5x my accounts personally, right?

00:43 I want to go through the strategy that I'm using where I'm starting my entries now and the tools that I'm going to use to grow up the accounts. good week this week as I'm going to be launching many portfolios with you. And today I have a WEX portfolio I'm launching with you all. So guys, do me a favor, smash up the like. Hope you guys are all doing fantastic.

01:02 The bullish time has arrived. Sean's turn bullish. Let's go. >> I try and help everyone [music] in my space and this is what I get. I try and fight. [music] >> Righty, fam. Are we ready to make some money? I've had to sit in my hands for weeks now, right? I started like glitching out. It's time to make some money. Let's go. So, uh, let's get ready for for for this next move.

01:31 And that's why for me it's important now that I show you portfolios and I show you positions that I'm taking in the market. I'm personally going long right now. I think the market is due for a nice little push up. I think there is still a couple of weeks until we see break of new highs, but I think there's a lot of money to be made now and I also think there's a lot of great entries to be getting now in the market.

01:49 Can I have likes up guys? Like them up through the roof. Okay, so let's jump straight into it. This is where I'm at right now. Okay, when it comes to Bitcoin, this was the weekly close. Okay, so the weekly close is bullish, right? If we look at this right now, we could see that I spoke about this literally 12 hours ago when I did my last stream. And I say guys, we're very likely going to start the week off bearish and then we're going to start engulfing, right?

02:12 I actually see us within this week, right, engulfing possibly majority of this candle, right? So I see Bitcoin pos making it way to up to84 $85,000 this week. It might happen today. It might happen in the start of the week. It might happen second part of the week, which means that for me, I'm looking for starting positions and building positions as close as where we are to these lows here for now.

02:34 Okay? And uh and that's the only time I'm entering positions. The moment the market wakes up, I ain't entering for now. Okay. Now, the game plan when it comes to the market is it's going to have a relief bounce. Okay. Then it's going to have a pause or slowdown and then it's going to have a continuation. Right? So, if we look at where we are now, it's quite simple.

02:52 I use the trend line on the daily. I see there's that huge gap that we're seeing over here and I'm basically looking for the first pop of the market to make its way from here up to the areas of this area over here. Right? That's the first zone. Then, I do think there's a slowdown. I think there's a higher low. And from there, I do think we start pushing to the upside.

03:08 That's what the charts are showing me. Which means for now, I'm looking at my starter entries of positions. Okay. Now, why I'm saying starter is because when you get to a high time frame wave, right, there are multiple tools and uh um strategies that you can use. The way it works for me, okay, I spoke about long-term. Long-term is in now, right? I basically accumulate as much long-term as I've been looking for.

03:32 Okay, now it's time for me to trade the markets up. Okay. So, the way I do it is I start off some spot positions. Yes. But what I also do is I trade leverage, right? So, I'm gonna take some lower leverage positions or small parts of my portfolio positions, right? Starter positions. And I'm going to start building these accounts up. The idea here for me is to use this phase over here of building up, which means that this phase I build up.

03:56 So, by the time we start getting to the real phase of breakouts, I'm loaded. I'm fully in and I'm prepared, right? And not only that, I can be at that point which is a luxury which is want to get to is having my stop loss above entry to become a free trade. Right? That is the plan. Right? The plan here is to get entries, get the pop off, get the move happening, put stop losses at entry and be patient.

04:16 Right? That is the major play here. So again, I'm seeing a two-step move to the upside. Okay. The the supports on Bitcoin, okay, is now, okay, and there's one more support down at 77,000. Right? These are the two that I'm seeing a reaction from here at any point up to the 84 85,000. If you look at the liquidity right now, we are starting to build short liquidity right over here.

04:39 So, I'm going to make it a nice yellow box over here, which means for me, okay, right now we have this time we're accumulating here at the bottom. And I'll go through the short-term plays of what I'm seeing now. Okay, but at any point I'm seeing a fast little squeeze to come and wipe out this liquidity over here. That weekly candle is telling me the same thing, right?

04:54 And as well as we have the weekly RSI and I want to speak about it for a sec. Okay, here's the weekly RSI. We might actually be doing one of these, right? Which is one of these over here. So you see where the RSI basically makes its way down, crosses just below the 80% and actually has another attempt. What that looks like on the chart is the first move up, crosses, and has another attempt.

05:17 Right? So for me, I'm going to keep eyes on this. The RSI ain't at the bottom just yet on the weekly. Okay? But this could be the one in play. And why I'm saying it can be in play is because the daily is completely reset. Right? So if you look at the daily RSI, daily RSI is now sitting right at the bottom here at the 3% mark. Right? Which is a very low point of the stoastic being.

05:37 Okay? Which means that the market is temporary at some point wanting to move for that bounce. Okay? And that's why for me it comes down to a very simple play over here. So the way it looks like here is again I'm looking for starter positions. The idea with the starter position is to not go all in. is to start your positions up, right? Get space, survive the stop loss, and get room up.

05:57 Once you got room up, you can start accumulating higher up. So, again, if I buy $1,000 here, and I buy $1,000 up here, it's going to average my price out in the middle, right? That's what I'm looking for. I'm looking for the point of I'm going to add when these trends break in the next couple of days, right? That's what I'm preparing for. And when that happens, I want something to work with early entries that I can go more in size, go bigger in, and I can still have my entry price at a reasonable place.

06:26 Can I see likes in the chat? Can I see yeses before I jump into all the setups now? Bring the vibes up. It's time to make money. Let's go. Who else feels like this? This guy does. I do, right? Let's go. Okay. Yes. Yes. Yes. Let's go. Okay. So, that's the idea when it comes to this. I'll go through the major plays. Firstly, I want to go through the positions that I am in.

06:48 Guys, if anyone that doesn't have a WEX account, there is a beautiful holiday up for grabs. Right, there's nine days left. Someone's going to be selected. So, there's a link below. If you're part of it, you're trading on WEX, here we go. Right, if you don't have accounts, here we go. Okay, so the positions that I am starting to open up, the strategy that I've done now is I'm trading with small parts of my portfolio between 10 and 20 X's.

07:11 Now, the way that basically works, right, is if I have $10,000 and I only trade $200 or $300 on a 20x, it gives me $6,000 in size, okay? So, it sounds like, oh, is high leveraging type of thing. No, I'm only trading with two, three, 4% of the the positions, which means I still have a bunch of free cash that I can still use to build positions, okay? But I'm actually realistically trading on like a 2, 3x, right?

07:34 Because of the size of where we at. So I have opened a Suie, a render, a AAX and a Salana position, right? These are the positions that I have open right now as it stands. Now there are more positions I want to build on here and I have the two scenarios. The first one, right, is we actually come for another attempt to the down. Even though like I said, I'm seeing started this week red which we started to see now we're bouncing.

07:59 We might come and test lower down and then start to rally up, right? I want to be prepared for that. I want to be buying that and loading that up. As you go through these high time frame charts, right, you'll basically see that a lot of these tokens, okay, I want to go here to the the weekly and specifically the Salanas and things like that, they are at my buy zones, the weekly buy zones I've been speaking about, right?

08:18 So there we go. If you want to look at a very simple way, okay, very similar to high how hype does it, right? Hyperlid, right? Where basically turns these previous areas into support, right? Now you see where we are right now. Okay, that is the idea of breaking out and moving down. Now the good sign is we are at early stages when it comes to Salana, right?

08:42 So sold for me, we've broken out new weekly highs in play. This is where major supports are sitting, right? And this is where I'm taking my first starter entries over here. Okay, when it comes to Salana and I zoom in over here, it gives me the same idea when it comes to the trade setups. The first thing I'm looking for here, okay, is we are sitting with buys anywhere here between this 97 and this 101 type of zone.

09:01 Okay, and I'm looking for here a bounce up to 104, a higher low, and then we start pushing into the $120 mark. Right? That is the trade setup that I seeing. So, when it comes to the positions that I built, right, I'm going to jump back here and I'm going to go to the Solana position and go to the chart, okay? Is show you guys that I have two positions.

09:23 The first one I've taken is right now. Now, why did I take a position right now? Okay, is because we actually in early hours when I was sleeping, right, we actually did have the first sink back to the lows, right? If you go look at earlier, right, we actually did have this drop back into these lows yet again. Okay? And now, if you look at it on the 1 hour, we on the verge of popping our heads through.

09:42 So, I'm going to have my first position where I've taken it recently, like basically where we are now, slightly lower over here. Okay? Then, what I have is I have a second position sitting back down at these lows over here. Okay. Now, if we take this into account again where I have $10,000 to buy here, I bought 20% of it now. I'll buy 20% lower down and I'll buy the rest on the higher time frame break.

10:05 Okay? Because again, if I look at it here, there's some structure to this trade. Structure is what you want to see. As candles print and slow down and make patterns, you get structure. The structure for me now is starter positions in the areas of where supports are sitting, but then having a super clear trend on when we're going to be breaking out. And I want it to be a trend that's been taken time that's been accumulating very similar to what we see over here, right?

10:29 Where it's really a clear and obvious pattern. So when the breakout happens, it's a real breakout and it's a daily breakout, right? That's what I want to pay attention to. Okay? So if I look at this now, nice descending wedge in play here. Okay? So the first way for me is starter positions now and then I'm really going to get aggressive on the confirmation break in this area over here.

10:48 Okay. So again here at this 101 area I've bought 20% of my Salana position and these are positions and trading positions I'm speaking about longterm. I've told you guys for weeks now I'm buying buying buying buying buying. Follow me on Twitter. I told you guys I bought a whole bunch of alts again yesterday. Okay this is for me now to build accounts up.

11:09 Okay, so $101 and then more positions are sitting at 98 to the $99 range is where more limits orders are sitting in case the market wants to have that little flush again on the short time frame. I'm getting in stop losses which are important right now, right? I have around 93 $94. Okay, now again the idea here is we got to survive the stop losses. That's the whole key here.

11:31 Get through the stop loss period, get the bounce, get things moving. And that's why I'm only in 20%. Okay. Um, and I will go in more as we start to drop down lower and then I'm basically going to wait, survive the stop. Once we break the trend, I go full in here. That's the whole key and the whole idea here. Okay, the next position that I've taken, okay, is this one over here, which is Suie.

11:51 Suie is more volatile. Suie is less capital that I put into it, but it's an incredible entry on a breakout here. Right, a breakout here is going to be a banging trade on Suie. Now, I say it on the tile and I say it in the show. I see a 20% start to move, guys. 20% is what I want to see at any point now. A bounce of 20% on the altcoins. Okay, those are really good starting position trades and gives us and set us up u nice and ready for the next major move.

12:18 Right, so let's go in here and jump into Sooie. This is the Sooie chart that we're seeing. Okay, just drop us a little bit lower down. Here we go. Okay, so again, the first sign 200 day moving average 618 Fibonacci, right? Where I want to start a descending 4hour wedge, right? There's the wedge. You can see it pretty clearly. There's the wedge. Okay.

12:38 So, what I did is I took one position now. Okay. And I have another position at the bottom range over here. Where I'm going massively on it is when we break those major trends higher up over there. Right. So, again, we come back in here. Here we go. My stop loss is at 87. Right. So, there's my position on Sooie over there. Right. Up nine bucks. Nice.

13:02 Can get some uh good lunch today. Um 87 cents. So, my stops are sitting here. either just below the 200 day or below this wedge over here. Started positions. Okay, next one that I am in is Render. Okay, so let's pop through to Render. Okay, so Render is here fighting 200 days. It's hit the 618 Fibonacci, right? This one I got to give a little bit more space.

13:25 Okay, so my stop loss is sitting the early $1.6 ranges. So giving it some space. Okay, but from here we can see the nice little pattern being formed. Okay, market's on a verge. If it wants to break, it's going to break anywhere in the next 12, eight hours. Okay, and if it's one, we're going to attempt in in the next eight eight hours, we're either going to come temp the lows again or we're going to break out.

13:44 That's why I'm taking first positions and I'm getting ready for the second positions, right? Second positions here around the 1.67 areas on render. Okay, but from here, I'm getting ready for a render pop up to 1.95 to $2. Right, a big nice strong move. From there, I'm in control. I can move my stops up and I can get ready to build more of the positions.

14:05 Everything that we're zooming out here is going to get to a very interesting point later on. Okay. As the first play that I'm seeing is a move up to these zones, right? Okay. Then we are going to see how we react here. And I'm either going to be, okay, guys, I'm banking some money on the trades that we've taken or I see us breaking the trend. I say, okay, we got the holy grail here.

14:25 That big wave we waiting for. I'm going to hold the positions, keep my stop and ride the make a wave. Trades like that change your life, right? But let's not get ahead yet and let's focus on is it worth the trade right now? Is it worth to the first targets? Right? We'll get to that point over there to say, hey, these are the the holy grail trades, right?

14:43 Yes, it is because I know where to put my stop loss and I know the reward is worth the stop loss, right? So, there is the position over there. Can I see yeses in the chat? Yes. Yes. Yes. Get it up. Can I see likes in the chat? Let's go. Let's go. I'm going to take my vitamins while we wait. Yes, I'm jumping to your guys, guys. Tomorrow, later today, I'm taking more positions.

15:10 There's more alcoins. There's a lot of altcoins that are looking incredibly strong. These are the first ones that I've selected. Okay, there's many positions. Yes, yes, yes, yes, yes. Andrew, what's up? Nice to see you. Miguel, what's up? Grant, what's up? Yes, fam. Let's go. Okay, remember these positions you will find in my sniper club. You want to see the charts, you want to see the positions, they're in there.

15:36 They're going to be posted there straight after the show. So, go there if you want to see them. Okay, next position. Let me just chew my my sweets here. Okay, what have I given you guys? Um, Suie giving you a render. Give me Okay, Avac. Avac, baby. Avac, guys, look at this these these charts. This is good, right? I zoom out here. Look at this. We're starting that nice little cone at the bottom over here.

16:03 We're starting to form up over there. So, the key trends, there's the trend. Okay. Supports right now. Just want to show you guys there is the bottom trend, right? Great. When it comes to Fibonacci, Fibonacci. Okay. 618 is sitting here. here at 8.7. Okay, so two buy zones over here. I took one now. So again, show you guys. I took one AVAC position now.

16:36 Okay, and I just want to see that I've set my limit order. Yes, my second limit order is at 8.75. There we go. Exactly. So first position is here. Boom. Second one 8.75 here. Boom. Okay. Nice stop loss areas is the 8.4 8.5 is where I've set my stop losses for now. What I'm looking at is the first entry is a move up to here. Okay? And then we'll see if we pop through there.

16:59 Big move up. Okay? The first one is up to a 10 12% move. Then we can move stops out. See, we break the daily and then start getting through all of these positions, guys. Like I said, the first area here is the lower high. The second area is it's the big wave up over here. So, I'm not treating to say that this one won't get up there. I'm treating it that it's going to get here.

17:20 And that's the first setups I'm taking. But I'm prepared that if I need to hold these positions and build them up, move them up mine. So every position I'm giving you guys is spot or leverage, guys. Spot leverage. The way I do it is if I trade leverage, I like using the exchanges capital, but it comes down to risk. Literally comes down to risk, right?

17:38 I have 10K. I can either spot all this, but I want to risk $300. So you can choose if you want to put your 10K in and put $300 in, or you want to put $1,000 on leverage and risk $300, right? It's the same thing for me, right? But again, do I keep that money mangled together? No. A trading leverage account is separate from a spot account. They got different purposes.

17:59 Spot accounts, I'm I'm I'm holding for three to six to 12 months. Those bigger moves, that's where my spot trades are sitting, right? The leverage positions, I'm going for the first 20% move. And if it works out and I can get the bigger move, yes, but otherwise, I'm keeping up on the 20%. Right? I'm here to make money and build up accounts. So, there's AVAC over there.

18:16 Okay. Amazing. Now, let's go through a couple of plays of what we can see today, and then I'm going to fly through a bunch of altcoins for you guys, right, to to show you. So, this is where Bitcoin's at right now. Bitcoin is at the 618. Okay, Bitcoin is now also sitting, if we zoom in here to the 1 hour, we are sitting in this nice little area of getting ready to possibly break out.

18:35 Okay, so as it stands right now, I have to think in my head, a rejection back down, and then we attempt again. That's why my positions and I have secondary positions sitting down over there, right? But if it does not want to, it does not have to, right? So, if it starts popping through this 80 to 81, we're going to start making our way up to the 83 and that's pretty quickly.

18:56 Okay? So, keep eyes out on Bitcoin. Those are the two plays that I'm seeing over here. Okay? And I'm basically prepared for both. And that's why I've taken startup positions as it stands. When it comes to the Bitcoin dominance, right, the dominance, I want to show you guys the weekly candle over here. This is still my play on the dominance for now. Okay?

19:13 is we are going to the top point of the wedge over here and I do see a dominance drop right at any point over here a nice little strong aggressive move down in the dominance this is the higher time frame view right on short time frame as we zoom in here right it's kind of just chopping around which is a good sign it's not going parabolic and one side up okay and obviously parabolic down you'll see the altcoins rally very quick okay but I know this is a hot rejection zone okay which means when it gets to the altcoins

19:40 here right here's the altcoins this is when I said guys. And I said it very clearly over here, right? I said this is where I'm going to start taking positions and building. Right? So I go back over here and that is exactly where we are at right now. Boom. Right? I spoke about this being another little liquidity flush, but I'll get to that in a sec. Okay?

19:57 But that that is where I said I'm going weeks ago. That's where I said I'm going long. And now I'm sitting here. I'm going long in those areas. Right? So it ain't no surprise why I'm going long over here. Okay. What we do have as well is we do have another little liquidity pool here. If Bitcoin wants to flush to that 77, I'm keeping this in mind and that's why all the stop losses that I've given have a little bit of space to get through that major area.

20:21 Okay, then let's now fly through the next. So again, that's the major plays that I'm seeing. Now I want to go through and see where liquidity is sitting at. Okay, so let's go here to the weekly. Okay, you can see where the liquidity is building, right? 81 82,700. There's no bottom liquidity here just yet, right? So that's where the liquidity is sitting over here.

20:43 So again, gives me an idea that a short little squeeze or move to the upside can happen at any point. Okay, here XRP at the areas of 200 day bouncing on 618. All you're waiting for now is a break of this trend. Okay, and XRP is going to start releasing. Keep eyes on XRP. Right, injective, right? Injective is now coming into our zones. Okay, for me, Injective is short-term bearish right now.

21:08 Okay. So, I'm looking for an injective move down here to the early $7. And that's where I'm going to be bringing you guys some more trade setups. For now, I'm a little bit patient on that one. Um, AWE is coming into the big support trends. There's the trends on support on 618. So, this is one that you can just draw this nice little 4our. Okay. And when you see the break of this 4hour, you are looking for a nice little long on awe.

21:31 So, Aweave is a good one to pay attention to, right? Immutable X. Mutable X is possibly popping its head through uh Comp's gone cheap again back at $20. So this one I'm not leverage trading, but I'm spot buying on the 200 day right now. So keep eyes on comp. You like comp that's on the 200 day right now showing that uh uh that major strength. Here is Bit Sensor what I spoke about yesterday, but I want to speak specifically in the show trade setups.

21:59 Right. So if we go in here, here we go. There's the trend. Keep eyes on that trend. Everywhere where we bounce here is making sense. That will confirm. That'll be the setup of where the longs are. Right from there, again, some education on it. What I'm looking for is a breakout here, right? You bought the draw the bottom trend in. Gives you a great idea of where to put a stop loss, right?

22:19 Which gets me to the area of there's the entry. There's the stop loss, right? And the first move I'm looking is up to the trends. Okay, which is up there. Let me show you guys. Okay, there's the trends. So, the risk-to-reward makes sense. Okay. And then we're at that position where all you want to do is once you have this rally up, all you want to do is take your risk and say no risk.

22:41 Boom. Now you're in control. Now you can be like, okay, now I can wait to see if it wants to come. I can get stopped in a bit of profits. But if it breaks through, I'm sitting on a mega trade. What I'm looking for now is mega entries for the cycle. Right? That's what I'm looking for. But if I see that there's money on the table and we might reverse, I'll take some profits after the move.

22:59 Right? But for me, I'm looking for mega entries. ones where you turn a 10K account into 500K account. That's what I'm personally looking for and these are things that I want to share with you guys along the journey. Okay, here is um Cardano. Okay, Cardano. Cardano is looking okay. Not my favorite. I think it's a spot by, but I don't know if it's a favorite trading coin right now.

23:19 Okay, we'll keep it in mind. Okay, but if we do look at the 4 hour, there is a there is a possible nice little breakout incoming. So, keep eyes on on that. uh near not the strongest token right now. Um it has been strong but it's I think shortterm is still slightly bearish right now. I'll go on the 200 day. Keep eyes on this trend over here. There we go.

23:42 Okay. So again, I want to keep it clear that it's very likely one of these scenarios are going to play out if we drop from here down. Okay, I'm looking at adding more to the four positions that I had. Right? I'm not building much more old positions today specifically, but within the next two, three days. tomorrow there's more else there's more positions more things that I'm building right in this area but that is one we got to pay attention to right and then also pay attention to that the market says screw a pullback

24:06 we're breaking out and we're going to start pushing to the upside can I see yeses in the chat and likes can I see the likes fly through the roof amazing that's enough alpha for today I'll see you guys all tomorrow have a great day bye-bye