Yo yo yo. What’s happening in Legends? I hope everyone’s having a great day. Let me know if the microphone’s all good. Um and then we’ll get started. Um let’s let’s just check if everything is working. All right. Um yeah, should be good. There we go. All right. Welcome, welcome, welcome. How’s everyone today? How’s everyone? Let me know how you guys are on the chat. Um, we’re going to wait a little bit uh for some more people to join before we start. But yeah, I mean it’s interesting interesting day, right? This is the week. Um, but you know, interesting week. Obviously, a lot of coins are up, a lot of coins are down. So, we’re going to chat about, you know, what’s happening with the Hex and the Pulse Chain. Um, PLS and Hex, they they’re all linked to one another, which is why they’re obviously pumping. So I want to have a look and see why what’s happening there. And then also we’ll go over a lot of uh setups that I’m looking at on the altcoins as well. So it’s going to be interesting day. We also have quite quite big news today as well. Uh this whole week has been um has been quite crazy with news as well. So uh PC today and then we also have NFP tomorrow. So it’s going to be a crazy crazy um day again today and tomorrow is going to be quite intense as well. So what’s up guys? What’s up? How’s everyone doing today? Um, so it’s going to be a crazy week. It’s going to be a crazy day. Uh, we want to get straight into it. Uh, so let’s let’s operate. Let’s do it. Okay. So, first things first, guys, what are we what are we going to be looking at today? So, whenever I come on Cryptobubbles, um, I like to just click on this thing and I like to click on the day and I want to see, okay, um, all right, what coins are doing well today? And then I would I would go and pick those coins and then what I’ll do is I’ll go to the charts and then I’ll start looking for like um potential setups on these tokens, right? Because the thing is if a coin is up on the day there is a high probability that um you know if it does dump we can look for some retracement longs at like key levels. Um so that is something that I I would focus on for the day. Uh so that’s let’s let’s just see what we can look at here. So I’m look I want to look at CFX. Um I want to look at ENA. Um, I’ll have a look at Pump, see what’s happening on Pump, cuz Pump’s obviously, um, doing well right now. Um, I do want to have a look at Ono and Rend. If you guys have any other suggestions, just let me know, put them in the comments. Um, and I’ll definitely go over whatever coins that you guys are looking at today as well. But these are the ones that I want to look at just based on um, what we got. Even H bar um, waking up a little bit here as well. So, uh, it should be interesting to see what we can get for the day. Um, you know, I am looking at a couple setups also on like Flowky. I’m looking at a setup on ARB. Uh, I’m looking at a setup on um multiple tokens. So, we’re going to go over all of that. So, make sure you guys do stick around. Did you get the CFX uh up? I know. No. How how annoying is that? So, I I’ll show you exactly what the CFX um have a look at this. Do you guys remember when when we were chatting about CFX? Um it was the other day. Literally, guys, this was at our entry. Um so do you guys remember what we were saying um on CFX? So basically the whole thing was okay you know CFX did actually break out over here right we did get that breakout and then I was like okay fine we got the breakout which is fine but we did not close above resistance right that was the whole thing. So essentially what actually happened is we we ended up closing you know respecting this level and then once we got the closure above that was the entry. It was so quick though um I actually ended up missing it and then um it did actually came straight back down to the entry zone. Um and yeah it kind of looks good right now. So um it’s just it just feels like it’s very like pumpy and then you know dumpy kind of thing. But it’s um you know it it doesn’t feel like you know a real volume token. You know it kind of you know look at this you know it goes up and then consolidates a little bit down. Um but it’s it’s not really um organic price action right. So let me have a look at the the 1 hour. So if we have a look at the 1 hour time frame. I mean something that we can look at here on the 1 hour time frame is that okay fine you know we did actually pump but this is the first thing that’s a little bit of weakness. you know this this lower high over here right um but what I want to see is I want to see if price can obviously respect this level right over here so this is a bearish fair value gap I want to see like if today somehow price can get above this level then we can look for continuation longs the reason why is because you can even see there’s a bit of a trend line if we go down to the 15-minut time frame it will make a lot more sense um right over here this is something to to note right so CFX is forming a bit of a um you know this this could explode right Um once we once we start getting back above this level here, I need to I need to see price get back above this level though. Um the problem is if price stays below this level, we we could still come back down to entry and you know and chop around a little bit, right? Um so I am a little bit I’m a little bit annoyed that we did miss this. Like there was there was a perfect entry, you know, pumped like 40%, came all the way back down. Now it pumped again. But for today, I want to see price, you know, start closing above this level here. I want to see price get above here and then we look for those continuation longs, right? So that’s the whole thing, right? A lot of people don’t have the patience to do this. And I’ll show you another example um of hype as well. We’ll go over hype just now, but it’s the same exact thing like the thing is as long as price stays below here, there’s just nothing we can do, right? Why would why would we take a long right now when um you know, we are forming a lower high, we are below resistance, it just doesn’t make sense, right? you you’ll have to wait for price to close above this level in order for you to confirm that price potentially can go higher, right? Not guaranteed that it will go higher, but potentially, right? You’re working with probabilities here, right? So, um this is something to look at for the day. I will be I will be monitoring this um for for today, right? I want to see price get back above 0.22. Um once we start getting above there, then we can look for continuation longs. But yeah, a bit of a pity that we did miss that one. I’ll be honest, like I was I was waiting for it. Um, and then yeah, the thing is you have to be so quick sometimes with with these things. Like we I’m pretty sure some people would have got it because we we did like put this in the the Telegram, right? Um, where was CFX? Have a look. Uh, yeah. So, have a look. We literally we literally spoke about this guys. We literally spoke about this before. Um, and basically what we were saying was um price if price basically look here. broke out of the triangle still below resistance at 0.1 936. uh longs are valid on the 4hour close above 1 point uh 0.1936 right so if price closed above this level then fine look for longs right and that’s exactly what we got we got the closure above that level as you can see and look at the pump right so I mean it’s just it’s just waiting for these candles to actually just do their thing right if you don’t wait for price to close above this level then there’s no point of taking the setup right uh price needs to close above this level uh in order for price to continue higher so um Yeah, for the day. What we can do is we can just go in the 15 minutes and then this is what I would wait for. I’d wait for price to obviously break out of this level and then look for continuation longs. Okay. Um what’s up guys? Josh man, how are you? Um how’s it Josh? Uh did you get the CFX trades today? Yeah, I know I didn’t. Like I said, um if you guys obviously um in the chat, make sure you guys just put some tokens down. If you have any coins that you want me to go over, I can definitely jump through those. But there is a couple tokens. So Brett is actually getting listed um on Binance today. So Brett, we all know the the meme meme token on base. This is getting listed today on Binance um or maybe have has already been listed. But yeah, guys, basically Brett um you know, it’s forming also something very similar, right? Um I want to see price getting back above this level here. I’ll show you exactly what I’m looking at, right? So I want to see price start getting back above this level here on the 4hour time frame. um right above here. Okay. The reason why is because basically the problem with Brett right now, why I don’t want to look for longs at this current price action because as you can see price is making these lower lower highs, right? And price is making these lower lows. Okay, so what does this tell us? Well, price is clearly in like a a downward channel, right? We are currently in like a downward channel. Okay, so in order for price to to continue higher, what needs to happen? We need to break this downward channel, right? We need price to obviously break above this level in order for continuation longs and we do know that you know when when coins do get listed on Binance um you know sometimes they they pump considerably right so this is something to watch here guys I’ll be honest with you Brett is going to be my one uh number one pick today um so this is what I would wait for right so the 4hour candle just opened up so we’d have to wait for price to close above here 0.059 059. Um, essentially we want to be looking to take out these highs today, right? Like honestly, this would be this would be the game plan, right? If price can take out these highs, then we can um obviously look for continuation. But I would be looking for a setup like this. Definitely a basic very very easy setup. I want to wait for price to get above here. Look for longs. Uh TP at those highs, stop loss just below this gap over here. You know, your risk-to-reward is 1 is to 3.69. Beautiful trade. So, um, make sure you guys, if you guys are on the Telegram group, make sure you guys do join. So, this is where I post all the setups. Um, I post everything in this in the setups over here. You can see yesterday the ape trade that we took um, actually played out so well, but um, ended up getting stopped out at break even. Um, over here, the problem is I didn’t for this ape setup, I didn’t really think that price would come back and retake the highs. So, we we took the trade, hit the first TP, right? And then what actually happened was um you know price ended up coming and tried to retest these highs and then it ended up hitting TP3. Um so a bit of a pity on that one but the direction was there. Um so this is this is the setup Brett. Okay. Uh ETHUSDT. Smash the like button guys. Smash the likes. Um we’ll go over ETH as well. Um yeah. So what do you what do you guys think about this bread setup? I think it’s super clean. I think price could continue higher here. Um, you know, have a look at to the left over here, guys. This is a huge huge uh support of SL resistance, right? Once we get above this level here, have a look, guys. Once we get above here, it’s going to be crazy. Uh, this is a huge huge resistance. We get above here, bang, bang, bang, we look for longs. It’s pretty basic, right? Pretty pretty pretty basic. Okay, so as long as price stays uh uh below this level, we can just chop around, right? We get above this level, boom, we look for longs. So, Brett’s definitely on my radar today, guys. Um, huge, huge, um, pump coming here for Brett potentially. Um, so I don’t want to miss that. Okay, we’ll go over ETH now. Um, but this is the exact same thing with hype, guys. Do you guys remember hype? What I was saying? Price never closed above our level, not once. And that that was the whole thing, right? I was telling you guys, okay, well, you know, if HAP can obviously break out here, if if price can break above this descending uh trend line over here, as you can see, price is getting respected multiple multiple times. We get above that level, get above key resistance, we look for longs, right? But we haven’t got that yet. So, why would I take the long? Why would we risk being in this massive draw down, this massive liquidation uh stop-loss hunt in order to to make a couple percent, right? So rather wait and be patient for the setups because the problem is like I think a lot of people they just you know they just want to trade right. I think um you know obviously when I first started I was just like so addicted to trading like the thought of trading like the you know the emotion of like being in a trade um and then you just get over it like you realize it’s the less you trade the the actually more the more money you make right because you’ll have more precise setups right um so you know you just wait for these trades to actually happen right don’t just don’t just jump into this because it looks bullish or it looks bearish jump into it because you know you have confirmation that the probabilities are on your side, right? That’s that’s the main point. Okay, so that’s that’s hype. I’m still waiting for this, guys. I want to see price get above 44.77. I mean, if we can get that, we we’re going to be in a beautiful position uh to get those longs. So, hype is still on my radar, guys. I haven’t forgot about Hype, and I don’t think you guys should either. This could definitely play out, guys. Hype is one of the most bullish tokens that I’ve seen this cycle. Um I mean if you look at the charts, one of the one of the cleanest looking bullish uh price action charts in a while, right? Have a look at the daily time frame. Um beautiful pump came back down to pretty much uh entry price and then beautiful. So you can’t tell me that this doesn’t look bullish. Like if you guys say this looks bearish, then I have no clue. Um hype CRV hold strong for up. Exactly. Exactly. I’m looking at hype for a long today. I’ll be honest, guys. I am looking at this long for today. It looks super clean. I’m I’m looking to target 55. The reason why I’m looking to target 55 is cuz that’s the the flag pole from the the low to this high over here and we look for continuation to the upside. Okay. So, I’ll be honest with you, the the longs are looking more in the favor today and then shorts. Okay. Um we’ll have a look at CRV as well. Um just cuz you mentioned it and then we’ll go over Ethereum. Um but yeah, just cuz you mentioned it. I I was actually looking at CRV I think yesterday and it was holding strong. So, yeah, CRV is still stuck in my little box. Um, if you guys remember the other day, we spoke about CRV just trading uh sideways here in a bit of a a bit of a sideways box over here. Let me just remove all these these weird little things. Um, all right. So, you can see CRV guys, what is actually happening right now? Well, we kind of just going sideways. Okay, we are just going sideways right now for CRV. But once we break above this range here, I mean, it’s just going to be a range breakout, right? So, if we look at the daily time frame, we can see, okay, well, you know, if we do get a breakout, where are our targets? Well, the the obvious target is just going to be this the swing high of that previous December high, right? Um, and then, you know, you look a little bit to the left over here, we have another level right over here. Um, I mean, that that could be the extended target. Then potentially, you know, if we do get a massive pump, I don’t know. like um we would have to wait and see but this is something that I will be interested in right because you can see with with um what is this token CRV with CRV um we are still holding support we are still below resistance so what what we need to do now is we just need to wait for price to close above this level right over here okay why why would we wait for price to close above that level specifically some people would ask that and the reason why is just look at what’s happening on look at the candles and like look at them and be like, “Okay, what does this candle tell you?” Well, there’s a whole bunch of things, right? So, we have multiple multiple candle wicks at the zone, right? Multiple, right? 1 2 3 4 5 6 7 8 9 uh 10 11 12 13 13. So, that’s 13 4hour candles just getting rejected from this level from the top side and the bot side, right? Because, you know, obviously resistance and then flipped into support. Um, so why why would we take a long right now going into resistance? Does that make sense? No, it doesn’t. Well, the whole thing is waiting for price to get out above the resistance level to confirm, okay, well, we are now above resistance. We have more confirmation that price could go higher. We are obviously holding support. We hold this low over here. We potentially taken our liquidity to the downside. This could be the move, right? So you you look at all these factors and you you kind of just combine them into one and then you make them into your your setup, right? So um I need to see price get above this level if that makes sense. We you know we just went over it 1 point um 0618. Um and then you would have to look for your stop loss. It would have to be below this 4hour wick over here. Can you see that that that level there? I would have to put it below there. And then your TP1 would be I mean you’re looking at quite a big move here. CRV is actually ready to explode. So, we’re going to be taking this trade in the Telegram group. Um, I don’t know which this is not the group though. Uh, I’ll show you guys. Here we go. So, basically how it works, guys. This is going to be the group that you guys join. The link is in the description. Basically, we have um the general chat. Okay, I’m just for the new people that are joining. We have the general chat just for people that want to chat about um you know obviously tokens and then if you have any questions with like Devolt um or me if you have any questions about any tokens you can search there and then the the old coins this is where I post like all my like setups that I’m looking at for the day. Okay. So you can see yesterday we’re looking at OTC. I actually said that we we bought some OTC. This was hype waiting for that. So I I in the in the altcoin analysis I put all the setups and then what actually happens is I I come to the easy setups and this is where you take the trade. So then I’ll post the setup over here. We took a short yesterday on Ape. Um and then you guys can enter and then we we post the target. So what what I like to do is I normally go over like what I’m looking at for the day and then hopefully um let me see if yesterday if I did put the ape. Um no we didn’t put the ape set up there. We just took it. But I normally what I normally do is I I’ll put the the token here like Bitcoin the 15-minut time frame and you can see afterwards how how it played out, right? And then you know you can also do your own analysis and take the trades by yourself as well. We just there to help uh in the long run. So make sure you guys do join this channel. A very very chill channel. Okay. So that is CFX. I mean that’s CRV. What else we going to go over? So we have flowy setup also lined up here. But we’ll go over Ethereum quickly just for for you. Um Ethereum is looking super bullish today. I’ll be honest with you. Ethereum is looking absolutely bullish right now. So, basically what I’m what I’m looking at uh for Ethereum, have a look at this. So, you can see how Ethereum literally closed back above the swing high. This is obviously a bullish thing, right? Um we we took out all these lows from yesterday’s candles. We took out all these lows from um you know, over here um on Saturday 26th of July. Literally swept the lows, closed back bullish. I mean, Ethereum is looking absolutely strong today, right? There’s nothing bearish about this. Uh we above the swing high point over here. Um honestly like you could potentially look for a long at this level like um confirmation. What I would probably wait for here. Let’s have a look here. Bang. I would wait for that. Okay. So essentially what I want to what id want to see is what I’d want to see is I would want to see price get above this level. Okay. So the problem is right now is we are above the swing high. We did take out the lows over here. Uh you know we did we did get a breakout. You know this is your your trend line breakout that happened literally at like 4 a.m. this morning. Uh when was that? No sorry 2 am. So Asian you know look how clean that is. You wait for the break retest. Boom. You look for longs to the highs. This is your act. This is pretty much your TP level. So, for continuations, guys, what I want to see is I want to see price get above this level, right? I want to see price close above 3,877 and then we can just look for a sculp to this previous high. Um, so I I’ll wait for that. Um, and the nice thing about this setup is your your risk-to-rewards also decent because you can just put your stops just below this low over here. Um, and you you have a nice risk-to-reward as well. So, good setup, potential breakout happening on ETH again. So, we will be looking and taking the setup uh in the in the community as well. So, Ethereum is looking juicy. I’ll be honest with you. Ethereum is uh what should be the TP? Yeah, the TP is going to be 3,940. Um 3,940. And then obviously if we do break that level, you can actually extend your TP to like 4,100. Like this could be a swing trade. Um depending if we, you know, there is news today though, guys. Uh just be careful with that. So we do have um what news do we have here? So we have uh PC price index unemployment claims as well. So that’s 2:30. So that’s in around about like a couple hours. Um what is the time right now? It’s it’s 10:49. So we do have um news in around about you know 4 4 hours uh round about. Okay. So, I don’t think it’s going to affect uh price action that much uh compared to tomorrow cuz tomorrow is going to be insane, guys. We have NFP. So, NFP, non-farm payrolls is one of the biggest days of the month. Like, tomorrow is going to be crazy. I used to trade I used to trade NFP on uh with Forex uh back in the day. Um and I used to I used to be so DJ and like I used to have this whole NFP strat like breakout strat. Um you know, you put buy limits. So, you put like a buy stop above like uh the 50-minut uh NFP high and then you put like a sell stop below the 50-minut NFP low. Um, and I used to trade this so much on gold, but um yeah, I mean it’s a bit it’s a bit risky. That was back in the day when I was first like, you know, so like, you know, when you first start trading, you get into like this um you get into like this groove where you just, you know, you research everything and you just get so addicted to to it, you know? Um so that was that was me back in the I was literally trading NFP but now now I realize you know it’s it’s a bit of a gamble but you know there is strategies to it you know that 15-minute high strate kind of worked um but yeah no that was for gold so uh brick Bitcoin broke out uh from uh last falling w uh wedges also for our cand follower I think yeah I mean this is a we we you know it’s all about having patience I think I think the problem is you know a lot of people just want to jump in but everything is still below resistance So, like, do I just want to jump in and just, you know, be like, “Oh, everything’s bullish because Bitcoin’s bullish.” Um, I don’t really like thinking like that though. Um, I do think Bitcoin is bullish. Can you see how exactly the setup played out yesterday, guys? I was literally chatting about this yesterday. So, have a look over here. Can you guys see how this played out? So, I said bullish. If price breaks above 18,500, right? So, if price breaks above 18,500, so it was over here, right? Then I’d look for longs, right? But bearish if price loses 17700 drop to 16 um 16583 then 152 sorry 15320 and that’s exactly what happened right we closed below this level dropped exactly to uh 16530 we actually you know came down a lot lower but um that was a beautiful setup I hope some of you guys took that um the problem is you probably would have got shaken out off this that was a news candle so this was a news candle so I would have probably tpd here um because you would have got shaken out at this that that was just based on news just a bit of uh like manipulation in the market. But anyway, um let’s have a look at new price action for for Bitcoin. Um yeah, I mean it’s it’s kind of just it’s kind of just ranging I guess. Um so like if we look at Bitcoin um we are currently at resistance. We are currently at resistance right now. um you know potentially this is I guess this is what you’re looking at the the breakout over here um you know it is a breakout I’ll be honest with you it is a breakout um but for continuation we just what I want to see is just you know confirm close above this resistance uh that would be amazing right cuz the problem is if we just chop around over here then it’s fine but confirm above here then we can look for continuation to these highs uh for longs okay so like for Bitcoin right now can we actually take the long. Um, no. Uh, personally I can’t, um, I know I know like we are in a long uh, from a while ago. We also got a setup coming up here. So, um, yeah. So, I mean, right now, I just I just don’t see like it’s not that strong. You know, this this candle over here is showing a lot of indecision, a lot of rejection. I I would probably look at, you know, shorts at these highs. Um, you know, it’s just cuz the problem is we we took out the lows, guys. We took out the lows. Um, you know, this structure isn’t isn’t that bullish, right? It’s not it’s not that like that bullish. The reason why is cuz we did break structure over here as well. So, yeah, just be careful today. Um, I think there’s going to be a lot of shakeouts, a lot of people getting absolutely rinsed. Um, just just just like, you know, just take a step back. Um, don’t overtrade. Um, wait for these setups to to align, guys. Don’t don’t don’t just jump into anything right now. All right. Does that make sense? Um, okay. So, that’s what I’m looking at for Bitcoin. Nothing nothing too crazy here. Uh, another token I’m looking at is Litecoin. I actually bought some Litecoin on spot um yesterday. I just like how Litecoin was respecting this previous high. Um, you can see how price was respecting that level. And then if you look at the 4hour time frame, um you you will see that we will probably get a setup today as well for a long as well. Okay, so I do I do think that Litecoin’s almost ready for a breakout here, guys. Um Litecoin is almost ready. Just need to see a break above this fair value gap. Um and then obviously break above that trend line. Okay, so it’s all about being having patience for this stuff. Um if you have patience, you’ll be rewarded, right? That’s the whole thing. Okay, so 113.02, 02. We get above that level on the 4hour time frame, we take longs uh to the next key levels like 136. Okay, so Litecoin is almost ready. Just wait for it, right? You you at resistance right now. Bitcoin’s at resistance right now. Ethereum’s at resistance right now. Um you know, Litecoin, AVAX is probably at resistance. Um you know, Hype is looking I think we’re going to get longs on hype today. I’ll be honest with you. This is looking super clean. But just wait for it, right? because we hype did break this low here. So we did break that low. So it’s showing that you know structure is obvious is actually bearish right now. So we’re just waiting guys. Patience is is definitely key here. Um and then this is obviously link for the day guys. Chain link looking absolutely beautiful here. We we getting the same same type of patterns. I’m I’ll be honest with you guys. We’re getting the exact same type of patterns on most tokens. TIA is also showing same type of thing. I bought some TIA there as well. We we spoke about TIA in the altcoins analysis. Uh where was it? Right. Altcoin analysis. We spoke about TIA there. Um and then we were saying that if price can hold above this level here, you can look for some some longs off the zone. Um but for confirmation for futures guys, I like to see break of trend rather because the problem is like you can look for longs at support, right? You can look for longs at support but um you would rather wait for break of trend because price can just do this until we get we until we like come close to the apex. So do you want to be in a draw down or do you want to be in a trade for so long where instead you just wait for the breakout then you’re in the trade for less less long and you have more probability of actual price going higher. So that’s kind of like my thoughts on like when I look at these setups. Okay. So um I do think TIA is ready like for spots. this is a good spot buy like um you know you could easily make from this level you know you’re looking at a 30% move to the upside um like I said the problem is we we obviously did break lows yesterday that’s why I’m a little bit skeptical guys I’m a little bit skeptical um of longs because structure you know is a little bit bearish here I’ll be honest with you uh even uh ARB just broke this previous level yesterday I mean that that’s that’s obviously bearish um but SU’s looking Good. Um I was hoping I was actually waiting for a long yesterday if price came down to 3.56. We spoke about this as well um yesterday. Sweet. I was waiting for price to come down to 3.56. You can see it was respecting the trend line and I said, “Okay, it’s looking a little bit bearish here, guys. Um you know, 3 um 3.56 is going to be the level that I would be looking at for longs.” And you know, we did we didn’t really get it. I was waiting for I was waiting for it pretty much the whole day. So, it’s a bit frustrating. Um, but yeah, sometimes, you know, the the trade doesn’t come to you. And that was that a that uh a trade that we took yesterday was kind of kind of clean. Kind of clean. Um, but yeah, that’s that’s pretty much what I’m looking at. It’s it’s looking a very very slow day. I’ll be honest with you. Uh, and then Brett, if you guys did miss the beginning, oh, Brett is almost ready here, guys. So, I’m waiting for this long for Brett. And the reason why Brett’s getting listed on Binance today or it already has um so a lot of people will be buying it up and basically just just wait for this to to happen, right? Just wait for the candle to close above this level. I will post the setup in the the Telegram group as well. But Brett has a big move awaiting here, guys. I think the the move will continue. A lot of people will just FOMO in here and then we can take advantage of that as well. Does that make sense? Okay. So why would we take the you always have to ask yourself these questions like why would we take the trade right now does it make sense to take the trade right now and you and then you have to answer these questions within you know understanding why you wouldn’t or why you would right and the reason why we wouldn’t because there’s so many rejections at this level 1 2 3 4 5 6 7 8 9 10 11 12 13 14 uh you know we can we can go on right probably like 20 different candles getting actually smoked by this level right so why would we take a long when we have the potential of coming down. Right? I would rather take the long when you know we have confirmation that we have broken above a key level and we have broken above trend. So you have two confirmations rather than having one um and the other one you know it’s not even a confirmation cuz you are still below resistance. So you know you know looking at a chart like this it’s looking bullish but taking the trade just because it looks bullish um will get you ultimately wrecked in this type of market. So um just be careful because these this type of market you’ll start to see guys if you go into um liquidations if you come to this this this channel here let me just trade show show my screen. All right if you come to over here basically it will show you like how many people got liquidated. Like it’s pretty it’s pretty intense. Like if you think about it, it’s just it’s it’s showing you like um the liquidations on each um on each exchange. So obviously Binance is, you know, where most people do trade. Um um that’s where majority of the market is, but essentially you can see like over the last 4 hours, you know, there’s been a lot of people getting rinsed. Um so um you must have a look at this this website. It’s quite cool. And then you can also see the funding rates. You can see liquidation map. You can see open interest. You can see exchanges. Um so what I like to do, I like to come to liquidation map. Um and it will show you exactly what’s happening with the market as well for Bitcoin. And you can also change it as well. You can change it to any token that you want. Um but also another one is to look at is the heat map. So can you see on the heat map for Bitcoin today? Let’s actually let’s actually check what’s happening here. So we have you want to be looking for like the yellow the yellow where is basically where most of the liquidations are sitting at. So we have 19 119,655 for Bitcoin right so we have that level there 119,655. So if we go back to Bitcoin we just marked that on the chart just so we know okay well this is the potential zones there right that’s where all the the people are putting their stop losses what I can’t even remember. So 19 655, right? 19655. All right. So 19655. Bang. Right over there. Okay. Um and then if we look to the downside, we we looking at what? 17287. 17287. Okay. 17 to have to be perfect. 173. Okay. So basically, why am I putting these on the on the chart? Well, what does price action like to do? Price action likes to grab liquidity, right? Price action likes to, you know, take out highs, take out lows. It likes to take out liquidity, right? So, these are going to be our potential reaction zones for the day, right? So, price potentially, you know, if this was that breakout that we’re looking at, you know, obviously getting rejected right now, which is exactly why we wait for the candle to close above the level. Anyway, if price does close above here, then that is going to be our TP zone, right? The reason why it’s our TP zone because that is where the liquidity is sitting and that is where most probably price will go. Same thing to the downside. If price breaks this low over here, then I would be looking for sells, right? So, I’ll be looking for something like this. Um because we are getting rejected right now. So, we have to be honest on looking at the chart. I’d be looking for sells all the way back down to 17. Uh if we do break that level, same thing over here. If we break this level over here to the upside, we look for longs back up to the highs. These are the these are quick sculpts, right? to the upside. Um, so but why why can’t we take any trade now? Because we are getting rejected from resistance and we don’t we don’t actually know where price is going to go. But I know that if price does close above this level. Okay, cool. Then we look for longs. I know that if price closes below this low over here. Okay, cool. Structure is potentially changing on the the lower time frames, we’ll also get like a potential, you know, break of a trend over here. It would confirm that price is most probably coming down. So you can see how these these higher time frames and these lower time frames, you combine them into one whole setup, right? So Bitcoin, these are the two trades I look at today for Bitcoin. Okay, I asked myself, did I I asked myself did I will regret more missing trade or missing my cash? Yeah, I know. I get you. The the the whole thing though with with trading is don’t don’t don’t do that. Like I know it’s hard saying, “Oh, I missed a trade.” Like CFX, you know how frustrating it was. Like it is frustrating. But like I’m not going to dwell on it, right? Like I don’t really care. There’s there’s another setup lining here, right? There’s another setup I can take. Maybe the entry is a little bit worse, but we have more confirmation that we can go higher, right? You know, we have chain link. Chain link is also looking good. We can potentially take setups. We have Brett that’s looking good today that potentially we can take setups. So every single day there’s going to be something that we can potentially take. um you know even in a bull market the market just skyrockets like we get that par parabolic phase where just you know that’s kind of what’s happening now in a way you will always get a setup so don’t stress about that um there’s always going to be a trade um I think that’s that’s the the main thing if you can get past that like psychological break of of you know saying oh I missed a trade oh I should have taken that I should have taken this then you sorted once you get past that stage uh you’ll be a much better trader because the problem is Like I mean look how many setups we’ve aligned today. We’ve aligned up so many setups that potentially could happen. Um so why why are we stressing about a setup that we missed? You know what I mean? Why why would we stress about something that’s already happened? And we can’t really we can’t change what actually happened, you know, unless unless we go back in time. But you know that only happen uh within the next couple hundred years. So um there’s nothing we can do right now in terms of um trading. But we have a lot of setups that we will be looking at and this will all be taken in the the Telegram community. So if you guys are new to the channel, just you know, go down to the description and uh join. So like I said, we do have news there as well. So it’s it’s hopefully we do get trades before news. I do I do like to take trades before news and then TP just before news and then you know or just put my stop loss to break even, something like that. If not, we might even have to wait for afternoon news, which is a little bit frustrating, but it is what it is. I miss trades and also miss cash. I don’t know which one I should. Yeah, I don’t know. Like that’s the whole thing with with trading like you know, everyone just gets it’s just FOMO. Like it’s a fear of missing out. It’s just it’s quite a big thing. I think it’s it’s I think as human beings we we just so emotional like we we emotional people. Uh so in order to like control that it’s it’s just super hard like it’s not a natural thing to control. I think that’s why trading can be so hard or can be viewed as being so hard. Obviously we keep it simple right but like a lot of people will just you know they will trade just based on what they you know what they feel not what they what actually is on the chart which is which is a problem right? So, um, yeah, this is what I’m looking at, guys. So, we’ll see. We’ll see what happens. Um, like I said, nothing nothing can can be traded right now. Ton is absolutely bullish, though. What is this chart, bro? Oh my lord. Have a look at Ton. What actually is happening here for Ton Ton? Um, all right. So, Ton obviously broke out of this massive like uh cup and handle bit of structure here. We obviously are above resistance. If we look at the weekly time frame, what where do we have? We have previous week high sitting over here. Previous week high. Then we have another high sitting over here. So that that would obviously just be a target, right? Um I mean kind of looking bullish, I’ll be honest. But we can’t we can’t really take anything here. But if price were to come down, um I’d probably look for longs a little bit lower though. Um I’d want to see price come down a little bit lower here. So maybe nothing really to do here. uh something like that. That’s something I would wait for. I mean, we really missed the trade. So, yeah, don’t don’t regret guys. Don’t regret. I mean, like the thing is it’s like even yesterday with the ape setup like a little bit frustrating. Um I’m not going to lie. So, we took the trade, price came down, hit CP1, and I was like, “Okay, you know, this candle heavy selling selling pressure.” Then what actually happened? price manipulated the highs, took out cuz we went break even at that point. Normally what I do is I go break even after TP1 cuz normally what would happen is um you know you wouldn’t really come back and retest these highs but I guess we did. We came back retest the highs and then we came down and look how much it dumped bro like you know I mean this thing dumped um you know from entry it dumped 10% guys. So it dumped 10% from our entry and and the thing is like we we only took profit here. There would there would be some people that would obviously, you know, continue holding, but I’m not going to dwell on this trade, right? I don’t really care. We made money. Like, we did make money from that trade. Um, here we go. So, we made 20%. We could have probably made like 120 or like 200, but I don’t really care about that, right? There’s other trades like, you know, that we take in this channel. So, yeah, it is what it is. Um, so don’t dwell on that. But it was it was a beautiful setup. Pretty much just retest of that previous high. We got a massive a beautiful entry as well. Obviously breakdown of the range. Look for continuation sells. Bang. Pretty simple. Pretty pretty simple. Um but yeah, I think I think that’s pretty much it what I’m looking at for the day, guys. Um like I said, it’s it’s going to be a relatively short stream because um you know, we are getting rejected right now, so we can’t do anything. I was hoping we could take some trades in the live stream, but we are getting rejected. So, not much we can do here. Um, so I’m just going to I’m going to start analyzing some charts for for the the legends over here. And then make sure you guys do join the group. And yeah, I’ll check you guys on Friday, which is tomorrow. I will be going live again tomorrow because it’s NFP. It’s massive. Tomorrow is a huge day. Uh, one of the biggest days of the month, right? August also a terrible day as well. BTC monthly returns, right? If we look over at BT’s historical data, guys, August is the worst month. It’s historically one of the worst months, guys. Have a look how terrible August is, right? July has been quite a great month, right? We’re going to be ending off in in the in the double digits, but August might be a bit of a blood bath, right? So, just be careful out there. Be careful out there. Um, you know, just trade what’s how price is looking on the chart. Uh, right now, guys, everything is at resistance. Can we take longs at resistance? No. Can we take longs as support? Yes. Can we take shorts to resistance? Yes. Can we take longs when we break out of uh potential like trend lines and above resistance zones? Yes. Can we uh you know, you have to start asking yourself these these questions. Um so yeah, I do appreciate everyone joining. It’s going to be a relatively short one. Uh like I said, market’s not really doing anything. We’ve gone over all our setups. We just have to be patient and wait. Um appreciate all of you guys for being here. Make sure you guys do join the Telegram community. We will be going live again tomorrow. And yeah, hopefully we can get some trades today. So, peace out. See you guys tomorrow.
