Heat. Hey. Hey. Hey. Heat. Heat. Yo yo yo. What is happening guys? Welcome back. How’s it Anchor? How’s everyone? Hope everyone is having a great day. It’s a new month. Um it is a new month. So we want to speak about what is actually happening with the monthly charts. Um so we’re going to go over a couple monthly charts today and see exactly what’s happening. But overall in the month it’s been quite a good one uh compared to obviously last month. So yeah, you can see lots of tokens are up um quite a lot. But yeah, welcome welcome welcome Niko. Um hope everyone’s having a great day. Let’s get straight into it. Um very very interesting to see this token here is up around about meme core. So we have a look at that. It’s up almost 864% this month which is kind of crazy. So maybe we could get an entry there. Um, not too sure, but we’ll have a look at all the the the main tokens there. And what are your guys’ thoughts on um August, right? Um, what are your guys’ thoughts on August? Let me know. Cuz if we do look at the monthly returns on August, it’s it’s not great, right? It’s probably one of the worst months um out of all the months, right? So, August typically is a bearish month, but you know, um it doesn’t doesn’t mean that we’re going to be bearish, if you know what I mean. But just this is something to look at. We obviously the last four years, right, last three years just been uh terribly bearish for for Bitcoin. So, um we’ll we’ll obviously go over all the the data that that supports all of this, but yeah, let’s get straight into the charts. All right, so we bullish. Are you guys bullish there? I mean, to be honest with you, I think I think what’s going to happen today is we we probably going to see a fake out. Um majority Mondays we normally see like if we bullish like normally um you you you’ll see like a Monday we’ll we’ll actually try fake people out and then uh Tuesday throughout the whole week will just be bullish price action. So that’s kind of what I’m expecting for the day. But anyway, let let’s just chat about um this beautiful looking chart over here. Ethereum. I’m loving how Ethereum is looking on the monthly chart. But the problem is guys, this is the the problem. We closed literally respecting resistance, right? I mean, so we we managed to have this massive bullish close. I mean, Ethereum pumped from last open, right? Ethereum pumped almost Yeah. 60%, guys. Pumped 60% within the month. And then the problem is right now we still below key resistance, right? We are still below key resistance. And that is the only problem that I’m I’m struggling to to try to get an entry here for Ethereum because um as long as we stay below this level here, I I’ll make it a little bit more clearer for you. But as long as price stays below this level here for Ethereum on the monthly time frame, we could easily come back and retrace into these these levels over here. Right? So we do have this this obviously we did get taken out over here. But this is something to note. [Music] All right. Right. So I’m just going to draw this in here. So this is a key level to note potential retracement zone for Ethereum if we do ever come back down to the zone. Okay. So the thing is right now for ETH we we pretty much at a level where you know we either come back down retrace into this level which is something that I’m looking at. This is going to be like my buy zone potentially on the monthly time frame for continuation to the upside. Right? Cuz if we do look at the weekly time frame we’re going to do a heavy top down analysis here. But if you look at the weekly time uh time frame, you can see we we still just closed respecting that level and that weekly time frame candle um closed actually below the previous week’s low. Right? So if you have a look at this, have a look over here. Right? We did actually manage to close below the previous week’s low um right over here. Okay? So this is previous week low over here. So I’ll just what I’ll do is I’ll just write it in here just so you can understand previous week’s low. Uh we’ll make that a little bit bigger so you can see it. Actually, we can actually put it up a little bit more so you can see a bit more. Okay, so that’s previous week low. Okay, so basically, you know, closing below this level here is not it’s not a good sign for for the bulls. Um, and obviously we got a massive rejection from the the monthly so resistance, right? Not closing pretty much closing respecting that level. Okay, so when looking at Ethereum, I mean the main thing right now is we have a whole bunch of levels a little bit lower here. We have this bullish fair value gap as well over here, which is something to note. Okay, so this would be the ideal long situation here. If if price can somehow you can see how many price how many times price taps this level and then we get a reaction right from the zone. Okay, so this level here, guys, right over here, you know, this is a strong ass level, right? It’s a super super strong level over here. So, if price were to come back down into the zone, this would be the ideal level to take longs. Okay. Um, so on the weekly time frame, it’s Ethereum’s kind of just stuck between, you know, resistance and support right now. So, we we we’re kind of just stuck over here, um, and over here. You know, price needs to obviously close above this level in order to continue higher prices. Okay. So if we look at the the the weekly time frame, you can see okay well you know price didn’t close it closed respecting resistance but it didn’t close above this key level here. So longs are just not on the table right now for me right if we somehow closed above there then I’d be looking at okay well you know we could potentially go up today and that is kind of why um you know not really looking at any any longs right now cuz on the daily time frame as well um you know we did actually break this key support over here potentially looking for price to come down lower. Okay. Um you know that is something to to note. Okay. The problem is right now we you know we were in this clear little move to the upside right and then what actually happened we broke previous level over here which is our previous week’s low and this could in turn be the the directional move that we’re going to get before we get a move up. Okay. Um so I’m I’m very very cautious today on Monday. We all know that Mondays are typically um you know a fake out day. So I do want to quickly go down to the 4hour time frame. You can see same thing right you know we obviously were in this bullish structure you know and then what actually happened is we started to make lower highs over here and then we we did actually break this previous support over here um so potentially you know we could come down from this level okay so how would what is what is my setup today that’s probably what you’re asking for Ethereum right what would you be looking at for a long a long scenario or a short scenario right the reason why I’m I’m a little bit skeptical for the long scenario is because of the the the monthly time frame the weekly time frame and also the daily time frame, right? We’re closing below a key support over here on the weekly time frame as well, right? So the problem is we also have this fair value gap over here that is getting absolutely respected right now. Okay. So essentially this level over here we would need to see price start getting above and that is exactly something that we would need to see for buys, right? So this is on the 4hour time frame. You can see this is a super strong level. If you look to the left, beautiful level. So for buyers today, guys, we need to start at least like at least start seeing price get above this level here. Okay, so it’s going to be around about 3,564. Okay, if if somehow the 4hour time frame can get above this level here, then I would be like, okay, price is most probably this this just looks like, you know, a liquidation, you know, price wanted to take out the lows, which it did. It did actually did take out these lows. Um, and this just could be a move to the upside, right? So, that is something that I’ll be waiting for. But the problem is right now, can we take that trade um based on the information that we’ve got right now? No, we can’t. We need a little bit more data in order for uh price to Sorry, let me turn that music down a bit. In order for price to continue higher. Um yeah, what’s up guys? Hope a what’s happening. Hope everyone’s doing well. So, this is something I’m looking at for Ethereum. Okay, so 4-hour candle needs to close above this previous level, 3564. Okay, if price can close above this level, then cool. longs would be valid, right? Um, let’s have a look at the the 15-minut time frame. So, the 15-minut time frame is showing that price does want to it looks like price does want to continue higher here. I’ll be honest with you, right? Um, but the problem is we have this this level right over here. So, this is going to be like my my support zone for the day, right? I want to see Yeah, this is going to be the level right over here. Okay. So basically if price somehow were to close below this trend line over here on the 15 minute and were to actually break below this previous low over here then that would be the signal to to look for a short position. Right? Um I would wait for something like that. Okay. And then you would look to target these lows. Okay. Stop loss above the highs something like that. Okay. But the problem is right now we need to we need to obviously see price to break below this low. Okay. You want to see price break below this low. confirm break which means confirm candle closure below this low and then we can look for those retracements into this back into the trend line and then look for continuations to the downside. Okay, does that make sense? So Ethereum that is what I’m looking at for ETH. Okay, then we look at the buy side scenario and the buy side scenario is just going to be the the 4hour time frame. Okay, the problem is um you know taking taking longs into resistance like this is just not the player, right? It’s just not the player. Um you know we are obviously we did break support over here guys. So just you can’t you can’t ignore the fact that we broke the previous weekly low. Um we can’t ignore that right. Um you know this does look like a potential you know this you know W I mean a V Vshape pattern which is like a recovery pattern which definitely can play out right but until then a 4hour time frame needs to needs to hold up here right we need we need price to start closing above that level and then we could potentially look at you know longs to the upside um on the 4hour close. Okay, so this is like the two scenarios. So, bit I mean Ethereum is at a critical level right now. I’ll be honest with you, right? We are we are at a critical level here for Ethereum. Okay, so we either get the 4hour candle to close above our key level. We look for continuation longs or we wait for the the the breakdown over here on the 50-minut time frame and we look for those continuation cells. Okay, does that make sense? Let me know if that makes sense in the chat. Um and if you guys are watching, make sure you guys to send me some coins to go over, guys. make sure to send me some tokens to to have a look at. Uh we want to go over a lot of tokens today. The reason being is it’s it’s a Monday. It’s a new month. Um there’s new opportunities. So, uh we want to we want to make sure that we we capitalizing on everything, right? So, if you guys have anything that you want to go over, please please put put in the chat. Um I’ll definitely go over all your your your tokens today, but I want I want to go over a couple that I’m looking at. Um but that’s my Ethereum thoughts. Okay. So, what do you I hope you guys having similar thoughts on that. I think I think once we we break down here, I do think we’re going to come down and we can take sells and I’ll be quite confident in that because it is a Monday. Um and obviously the weekly and the daily time frame did obviously close below support. So we have to keep that in the back of our mind, right? Um you know structurally it’s not looking that great, right? Unless we start seeing 4hour candles close above 3,564, right? That makes sense. Let’s let’s look at uh OTC quickly. um OTC, one of the one of the tokens I’m looking at for the day for the longs. Um so if you guys remember LA last week, we were speaking about OTC and we’re saying, okay, well, you know, it was over here. It was literally over here. Um it was the Wednesday and we’re looking at it and we’re like, okay, well is actually coming up to a key level right now. Um 113 that would that would have been the break, right? 113 break above here and you look for continuation locks. The thing is right now guys, the reason why, you know, we we just got this trend line break, which is beautiful, but the problem is we we didn’t break these highs. Um, this is the massive fair value gap. So, the problem I just can’t take longs until we we we get above 113 on the 4hour time frame. Does that make sense? Price is still bearish below 113. Price is still generally bearish below 113, guys. So, um I I honestly can’t take it long only once we get above 113 on the 4hour time frame. although we did break bullish. Um can you just see how price couldn’t close above these previous wicks? So remember price action works and market structure how it plays out is it it you know you form highs and you form lows, right? So this is not a high that’s a new high that’s formed. This is getting rejected, right? Because we didn’t get the candle to close above that previous high, right? So that’s telling us, okay, this is a massive rejection zone. Why would we take longs going into the zone? Makes zero sense, right? Exactly. So we are waiting for price to close above this level here 113 which is going to confirm that price is potentially just going to go higher from here because we would have known that okay well this just looks like price you know took out the lows you know doubly pattern double bottom flip bullish however you want to say it. Um but in order for continuation we need to see the 113 level get taken out and then we can play the the the trade to these highs right over here. nice little 8% move to the upside um with TPS across the way, right? You know, you would have TPS at all these liquidity levels, right? 116 and then 122, right? So LTC, it’s at it’s at a level right now where where I’m just like, okay, well, can we take longers? No. Why not? Because we’re at resistance. Did we break structure? No, we didn’t because price didn’t break the previous high. Price is in a bearish fair value gap. Lots of selling orders sitting here. So why would we take a long in the zone? Makes serious sense. Wait for price to close above this level. put your alerts. Um, and then we should we should be locked in. I’m going to put an alert a little bit lower just so we can we can jump into this this trade. Um, or we can get alerted a little bit earlier. But does that make sense? Litecoin on the verge of a move here, guys. Um, so that is something I’m looking at for the for the for today. We’ll probably only get this tomorrow, right? I do believe that uh Mondays are typically a bit bearish in terms of if we if we’re in bullish market structure. Okay, so someone suggested let’s go over MKR. Well, let’s do that 100%. Let’s let’s have a look at that. Avac is also another one on my radar. We we’ll jump over that as well. And then also, I mean, there’s a lot of tokens that are on my radar. Um, but let’s let’s let’s chat about this was that trade last week, guys. We took in the in the signals group, but I I ended up actually I ended up actually just getting stopped out of break even over here, but this thing absolutely ripped Ape. I mean, Ape’s looking bearish there as well. All right. Um, let’s go over MKR quickly just so we can jump through it and then we’ll go over any other tokens. If you guys did just join, welcome to the live stream. It’s happy to have everyone that has joined a little bit late to be here. We we are going to try to do some analysis here, guys, on most tokens. If you have any tokens that you you want to go over, remember it is the monthly close, right? So, we need to go over um most of the tokens so we can we can prepare ourselves for the for the new month. Okay. All right. So, MKR, let’s have a look at you at the monthly time frame here. So MKR closed bullish above resistance. Okay, which is fine. Um, did we close above there? We did not. This is actually not great. So, I’ll be honest with you. So, with this candle closing here, can you see the monthly c the monthly candle closed and we had a massive top week, we’ve really taken our previous month’s highs, which is kind of crazy, which is kind of not something you want to see, right? So, the thing is, think about it, guys. So, if you’re looking for a long position, right, I’m just going to quickly do a little bit of educational uh right now, but if you’re looking for a long position, what do you need to happen in order for you to take a long position in order for price to go higher? Well, you need price to obviously grab liquidity. You need you need you need orders to push price up, right? So, when you see something like this, which is absolutely disgusting by the way, um when you see the the previous month, we had our previous month high, right? We’ll we’ll write that in, right? previous month high. Okay, previous month high is sitting right over here at around about 2314. So that was yes, sorry, uh this was two months ago, right? But when you see the monthly candle close um bullish like this and then you know take out the highs and then you know you you actually want to see price you know close above these key levels. You want to see price close above this high. The problem is when we get rejected from previous month high um and you’re closing back below this bearish fair value gap. This is showing a massive rejection. I’ll be honest with you, right? This is this is a huge bearish um fair value gap that you know we can’t just get above, right? Um so the problem is right now we need to start seeing price get above this this level here. I’ll be honest with you. So, uh, we’ll obviously monitor the zone on the weekly time frame and stuff like that, but this is a terrible it’s a terrible close for the monthly time frame for for MK. I’ll be honest with you, it’s not not looking not looking great. Uh, closing below previous month high and closing below um this huge huge uh bearish fee gap is just is just not great, right? Um so anyway, if we look at the weekly time frame, weekly time frame is showing a huge rejection as well, which is obviously seen on the monthly time frame from that massive wick that we just highlighted. Um but it’s the same thing closing, you know, respecting this level here is just not going to give us any any room for price to go higher, right? Um and then closing literally back into this gap over here is something to note. Okay. Um let’s have a look at the daily time frame. So if we go look at the daily, we can see, okay, cool. daily time frame closing literally respecting that previous month high which what we spoke about. Um and right now you can just see that we kind of just chopped around over here. Um let me just remove this so we can just make it a little bit cleaner here. Um so basically what we have is we just have the support over here. Okay, we have the support over here that price is pretty much holding above and then we have a a local resistance sitting right over here as well. Okay. Um, so for me, I just don’t really see anything within this range over here. I’ll be honest with you. So, if we just extend this to the left over here, just to see what’s happening. So, basically what what I want to see here is price is just currently stuck in a little bit of a range here between this low over here 1,823 and then this high over here of 2,36. Okay. So, we need price to start closing, you know, either below this level here or above this level. Right now, price is pretty much just stuck in this range. Okay, we’re stuck in a range where price can’t really do anything, right? We need price to either close above the range or close below the range, right? Um, you know, you could potentially play the long game over here, stop loss below the TP here, and potentially TP at previous month high. You know, that’s that’s something to look at, but um, you know, not nothing really to to get over excited about, right? And then if you look at the lower time frames, like the 15-minut time frame, you’ll start to see that it’s just it’s looking worse and worse, right? Um, but have a look at this. Have a look at this though. There’s a beautiful upper sloping trend line over here. Just going to have to draw this a little bit better here. But um we can just draw it from that wick. I mean this is something. I’ll be honest with you, this is definitely something. So basically guys um if you’re looking at this on the on the 50-minut time frame, we have a huge bearish um you know fair value gap getting absolutely respected to its core, right? So this this whole structure is very bearish, right? It’s nothing really bullish about this unless we start closing back above these levels here um on the 50-minut time frame. So, if the 50-minut time frame can confirm price to close below this trend, I’m going to take a sell today, guys. Like I said, um you know, MKR potentially taking sells back down to, you know, all these these lots of liquidity levels sitting over here, which is a nice beautiful uh setup here because essentially we can take profit at all these lows over here. We could even have potentially four TPS, which is something I don’t really have. But this is going to be the play um for today. If we somehow close below this level here, we somehow close below this this low over here, which is your previous low. Remember, we have to change structure in order for price to to confirm this this this break, right? So, you know, we could we could close below trend here, but as long as we stay below uh this previous low, it’s just not really going to play out, right? Does that make sense? Does that make sense? Um, so basically, um, you guys are bullish there. I can see a lot of people in the chat are bullish. Um, but I’ll be honest with you, nothing nothing’s really bullish about this chart right now. Um, especially on the 50-minut time frame. I I would I would look at if you even if you go down to the 5 minutes here, um, this is just looking absolutely weak. I mean, look at the five. It’s showing so much weakness here. You can even you can even see we try to take out these highs. It’s just looking absolutely terrible. I’ll be honest with you. So, plan for the day. Um I’ll be honest with you, we’re looking at sells. Um unless unless that 4hour candle closes above our level here on on Ethereum, right? Uh if you guys remember, this was the the plan for ETH, right? We either get the 4hour we we either get the 4-hour candle to close above um 3,564 or we wait for that 50-minut break of trend. So, same thing with MKR, guys. Um, MKR is looking a little bit weak. So, we will obviously look at sells. Okay, does that make sense? Let me know if that makes sense. Um, welcome guys. If you guys are new, um, let me know what is your guys thought. So, we have we have the poll. How most of you guys are looking at a fake out. I agree. So, I’m I’m one of those those those traders um, you know, a very neutral trader. Like, I’ll literally take a long um in a bearish market. I’ll take a short in a in a in a bullish market just depending on how price action is aligning, right? Which is why we took those shorts last week for Ape. Um so same type of thing here for for um MKR. As long as price stays above this trend line, it is kind of bullish, right? But if price were to close below this level here and to confirm a close below this level here, then we would take the sells. But why would you take a sell now when price is in an uptrend, right? Um you just wouldn’t. Okay? So, you would have to wait for these candles to close in order for uh for price to continue lower. Okay. So, that’s my that’s my thoughts on um on MKR. So, we’re going to actually put all the trades we’re looking at today. So, we got Litecoin, we got a MKR, we have um Ethereum as well. Uh we’ve got all those those setups that we’re waiting for today. Um so, yeah, let’s see what happens. Let’s see what happens. It’ll be interesting to see. Where do you see XRP if uh ETH pull back to 2.83K 83k. And what if Bitcoin went down to 100K? So XRP, let’s have a look. Um, let’s have a look. Let’s have a look. Let’s have a look. So if if Ethereum went down to 2,800 or 3K, which is kind of, you know, that’s that’s quite aggressive like but essentially, you know, if if ETH were to do that, let me just see the drop quickly cuz, you know, that that is a potential, right? If you do look at the the weekly time frame. So, let’s just say ETH had to drop around about 20%. Which is that would be insane. Um, I don’t like like I said, these are these are these targets here are like more on a higher time frame target. Um, but if we if we had, let’s just say hypothetically, right? It went to that low. Then what I I’ll probably look at, let’s have a look here at at XRP hitting probably just this level here, 2000, I mean 265. Um, I don’t really see XRP going back below this level here. if if XRP had to come all the way back down and retest like these levels. I just don’t see it, right? Um, you know, I was actually waiting for last week cuz we know we had that dump, right? And I was I was actually waiting for price to hit this level here, 265, right? 2.65. Didn’t didn’t hit it, but this would be my level here for XRP. If Ethereum had a dump that low, um, this would be the level that I’d look at. Oh, wait. Uh, my my screen’s frozen. My bad. So basically what I would wait for here is I would wait for price to hit 2.65. We come down, hit that level, and that that would be because that’s your retest of your previous high, right? So yeah, I just I just don’t see I just don’t see it right now. But you know, if ETH had to dump to 2,00 uh 800 or 3,000, then I do see XRP coming all this all the way back down to 2.65, which is still fine, right? Which is still fine. Um but yeah, I don’t think XRP um will come that low again. I’ll be honest, right? Um so what is the plan for for some other tokens? So cuz the people have just joined, we we want to go over, you know, there is another token I’m looking at and and guys, I’ll be honest, AVAC I think AVAC is a lot of I’ll go over Dogecoin as well, but I think a lot of people are going to sleep on this one. I’ll be honest with you. Avac has so much upside potential here and it’s it’s come back to a key retracement level. Guys, look at these tokens right now, guys. A lot of tokens are are still down so so much. Like I know everyone’s like, “Oh, I missed out.” But like, you haven’t missed out. Avac was like $7 $18. It’s at 21. You haven’t missed out on anything, bro. Like, you still have so much upside to these highs. Avac got that confirmed breakout here. It’s just it’s just going to take a while to consolidate here. But buying at AVAC at at like 21 or $22, I honestly think that it’s it’s a good it’s a good buy. But I remember last week we were saying that same thing Tom I think Tom I remember Tom was saying that you know I can see Salana go uh low uh to that that 155 level and it exactly did. So uh so you don’t see below $2. No, I don’t personally. I don’t for for XRP. Um, I don’t I don’t see that. I think 2.56 or 2.65 is going to be the low for XRP. I don’t see XRP going that low. Um, although it is it is quite a bearish month. Although it is quite a bearish month, but I just don’t see it. Um, you know, cuz Ethereum quarter quarter 4 and quarter 3 are so bullish. That means that alcoins should even if Bitcoin does have a terrible month, I think alcoins can still outperform whatever this terrible month would be for for August. So, um yeah, it’ll be interesting. It’ll be interesting to see what happens. Okay. Uh AO is strongest AO. Let’s have a look at AO. I after after um after AO, I want to have a look at Dogecoin. Um Dogecoin is also like I mean sleeping. If you guys are sleeping on Dogecoin, um I wouldn’t because I think, you know, we broke multiple structures to the upside. I think everything’s you know, printing more bullish than bearish here. But we’ll go over it just now. Um, and then Solano obviously hit our key level there. Uh, let’s have a look at AO quickly. AO, is this the one? Uh, it’s only on WEX, right? See, I’m not too sure. Is this the one? Um, not too sure. I can’t really analyze this though unless it’s on deck screener. Is it like it’s AO? Sorry. Uh, uh, I said AO. What am I saying, bro? We did, didn’t we go over this uh last week or something or two weeks ago? We did speak about this. Um I I was going to buy at this 3.45. I actually remember this. Yeah, this is looking absolutely bullish. I’ll be honest with you. Um Oh my god, I see exactly what you’re looking at here. Um we’re going to get a breakout here. I think we just did. We got a breakout. Um honestly, this thing is looking absolutely beautiful. I was looking, we were looking at last week this level here, 3.45, which is which was that previous uh open high, right? And that’s exactly what it did. It came all the way back down to this level. And honestly, this is looking super bullish. I’ll be honest with you. Um, you know, we just broke out of via consolidation looking like, you know, buying volume is a little bit low right now, but it’s looking decent. It’s looking decent. Transactions are a little bit low as well, which is something to note. Uh, the volume is very low as well. Um, but it is a breakout. It is a breakout for for AO. So I honestly looking super good. I mean if you guys bought where Tom bought I mean Tom was I think Tom bought probably down here but last week was saying that this was the buy zone so you would be up like 50% if you did buy there. Um I was meant to buy after my live stream bro and then I forgot which is a bit annoying but I know I know I know you did tell me you did tell me I literally literally last week it was 3.8 eight. I think it was here. And then and then we’re like, okay, well, price could come down to like 3.45. Um, and then I just forgot, bro. I literally just forgot. Um, but I think I might buy a little bit here because this is a pretty nice breakout. I just don’t really like the volume though. Little bit low in volume. What are your thoughts on that with with low volume? Let me know your thoughts on that. Um, Tom, let me know your thoughts on that. I’ll be interested to hear. Um, well, Litecoin’s kind of pumping here. Oh my god. Litecoin’s kind of pumping. I’m We’re going to go long on Litecoin today, guys. Like I said, I think Litecoin is going to be the strongest token today. Oh my lord. Okay. Well, where did this come from? Um, all right. We We need to lock in here cuz looks like the market wants to move here. Let’s have a look at Litecoin. I mean, look at that 15-minute candle, bro. What is that? I mean, just pumped 2% and like I mean, if we look at the five minute, it’ll probably be more angry. Yeah. Okay. But guys, be patient. I know it’s I know it’s it’s a it’s it’s a it’s not a great feeling when the market’s pumping and like you’re not in an entry or anything like that, but we can’t we can’t take this long. I’ll be honest with you. We can’t take this long unless price closes above 113 uh 08. I’ll be honest with you guys. Um, we we can’t we just can’t do it because price is still going to get rejected. Although it’s like looking quite bullish right now, it’s could easily get rejected. It’s a Monday. It’s, you know, everything likes to get faked out on a Monday. So, just just be patient. We’re going to wait for this one, right? We get the 4hour close. We take longs. We put stop loss below the low. We put low leverage, right? We’re going. So, we we’ll be fine. Just patience. Okay. Um, it’s new. Once it goes, it goes. Okay. I’m Yeah, I’ll buy some today on Swiss. Thanks. Um, pump tomorrow. I do think there’s going to be a pump. Um, personally guys, I think I think this whole August, you know, everyone’s bearish and oh, all of this stuff. I think it’s going to be a bullish month. Um, I I just don’t I just don’t like how the the monthly candle closed on most tokens. So, we’ll chat about it. Um, so, if you guys did just join, we we’re looking at Ethereum longs. 4-hour candle needs to close above this level here for longs. Remember, uh, once we get a 4-hour close above there, then we look for longs. If not, we’re going to look for sells if we break this trend. Look at the 15-minut time frame. We’re going to look for cells if break this trend, but if not, okay. Um, so we’re waiting for a couple setups here. Uh, people want me to go over SUI as well. Let’s have a look at SUI. Um, SUI naturally beautiful token, but it did break multiple structures as well. Um, but we’ll have a look at SU. I mean that weekly candle was just my god. Um so weekly candle just not great. Uh closed it did close above this previous high but still bullish right because we did close above that high. This is just a retracement into this massive bearish and bullish fib gap right. So you want to be looking for buys within the zone. So what I’m actually looking at for the day you you’ll check I was waiting for price to come down a little bit lower here to this buy zone cuz we did break trend right? Um, so I was looking for the price to come down a little bit lower. Um, potentially we can still get that. Uh, if we look at the 4-hour time frame quickly, I mean the 4hour time frame right now is just also looking quite weak. I’ll be honest with you. Uh, we need we need price to flip bullish and start closing back above this level here. Remember this is a key level from that previous high, right? Uh, that we spoke about on the daily time frame. So price needs to start getting back above 2.4946, which is why I’ve got a I’ve got an alert there, right? Um and then also I mean have a look at this. This is looking clean. Let me just remove everything here. Uh let’s go back. Have a look at this. So right now price is still trading below this level here. So in order for continuation um and a bit of a break of trend over here. You want to see price get above this level here. Okay. Does that make sense? Until then I’m I’m just going to play it safe. Um I do think that sells could be on the cards there. I don’t think the cells could go that hard though. But um it could just be like a a sculp sell, right? Where we we just take a sell based on um for the day. We’re not going to hold throughout the whole week and turn it into a swing. Uh you don’t want to be holding uh the sell position in in this type of market, right? You want to be looking for the longs. Okay. Um but yeah, that that is my thought process here for sweet, right? I want to see I want to see price get above this level here, that would be amazing. If we can somehow get above here on the 1 hour time frame, bang, we are golden. Okay. And then we can look for TPS um literally at these these highs over here. You’re looking at like a 3 to 4% move stop loss just below this low. Um TP right at these highs. And you can potentially extend it a little bit higher if you would like. Uh you know, but only if we get a 1 hour candle close above 3.49. Okay. Can you check out Doge and Pony? Yeah, I do want to look at Doge and Fala. Yeah, sure guys. Uh can you check out Fala? Of course. Um Ono and look for shorts. It’s It’s new. Are you looking for shorts? Yeah, I mean I am looking at at a few shorts. I’m looking at longs as well. It’s all about candles closing here, guys. It’s all about candles closing. Can you look at Dogecoin? Yeah, please. Um I actually wanted to go over Dogecoin as well. So, Dogecoin was is something that I’m waiting for as well. So, I did buy a a lot of Dogecoin on spot um throughout the weekend and I did tell a couple people as well in the Telegram group to do the same, right? Because Dogecoin guys, it broke out of a massive key level, right? Broke out of this huge down downward trend, right? We and then what actually happened was we had a confirm we did have a confirmed break of this previous high, right? So, we had a confirmed break of this previous high right over here, which means that price is in a bullish structure, right? This is just a retracement uh for continuation to the upside, right? So, there’s nothing bearish about this. Although it is, you know, it is quite a it’s a massive hit here. Um I think that this is just a retest of this trend line. Um it was just a bit too deep but you know if you want to look for the continuation longs you could just wait for the the break of trend as well. Okay which is something we would wait for and confirmation would be close above this previous high. Okay. So that is also another setup I will be waiting for for the day. Dogecoin can pump another 30 36% here guys. So um once we break above this trend, once we get a 4hour candle above this previous high, we are golden. We good to go. And then we can look for these longs to the upside where we have TPS all the way to these highs. Okay, so Dogecoin is going to be the the one that’s on my radar for continuation longs today as well. Um a lot of tokens are actually on my radar, but we’ll see what happens. We’ll see what happens. Uh it’ll be interesting to see today. Um, okay. So, we’ve checked out everything. Uh, Ponkey, let me just have a look at Faler quickly. I’m not too sure what FA is, but let’s have a look at Faller. Um, follow. [Music] What is this token? Let’s have a look. Is this the right one? Let me know. Um, let me know. Must be uh follow. Yeah, should be fine. All right. I mean, yeah. What? I don’t even know what to say about this. How do you even do TA on this? I mean, okay, so we at support over here. I just don’t really see much here. Like, honestly, like this is your buy zone and then your sell zone would just be at like anywhere within these wicks over here. I don’t really know anything about this token. This is more just seems like a bit of a pump and dump. So, people will just pump and take profits, right? like just over here. Pump, take profits, go come back to the down to support, pump, take profits, pump, take profits. You know, we could potentially do the same thing here. So, I mean, this would be your buy zone. Ultimately, if you lose this level, then then it’s cooked, you know, then it’s completely cooked. But, uh, I mean, 300% is not bad, but like I just don’t really see much here. Like, this is all this is weekly time frame stuff as well. Daily time frame is showing um, you know, potential bounce as well. I just don’t see it. Okay. Um I don’t really know much about this token. It seems to me it’s more of a pump and dump. If there is utility, well then um yeah, looks good. But yeah, uh I just don’t really see much. Okay, there’s nothing really you can do. Uh you can’t really analyze a token like this when it’s just pump and dumps. I’ll be honest with you. Okay. Um all right, let’s have a look at Pinky. What? Pinky. Uh, Ponkey. Is that Pank or I think you spelled it wrong, but no worries. No worries. I mean, not looking great. All right. So, we at support right now. That’s that’s something to note, right? We are at support. Okay. Um if we look at the charts on the daily time frame, we can see that okay well as whenever price does hold this level, price does continue to, you know, get a bounce like indicated over here. Um and then when we do flip into uh resistance, you can see we do come down. So as long as price does stay above this level, we should be okay. Um if we look at the 4hour time frame, the reason why it’s I’m a little bit skeptical today, guys, I’ll be honest with you. Um just be careful with longs today. I think there’s going to be a lot of fake outs and everything. So, you always have to wait for the candles to close. Um, but for continuation here, you can see it’s just been super chopped, right? Uh, we’re obviously getting smacked by this uh bearish uh fair value gap over here, which is obviously something to note. As long as price stays below here on the 4hour time frame, then, you know, nothing really we can do. Uh, we do have a trend line over here that, you know, potentially wants to play out once we get a break above this level. So Ponke at a at a level where you know not much we can do until we get above 0.121. Okay 0.121 would be like the key level for Ponke. Okay until then not not much we can really do. Okay hit the like button. Yeah that would be amazing guys if you can hit the like button and yeah also we do have a community guys if you are new we do have a community um where we post uh setups um we post setups over here. we post setups um potential setups for the day. You can see over here for ETH I mean for total three and then Litecoin what I’m looking at same thing that we just went over. Um and then also just Dogecoin like I was telling people Dogecoin is literally one of the best tokens that I’m looking at right now and you see we’ve been waiting for Litecoin for a couple days. So can you just see like how price um you know when you when you’re trading you just have to be patient like on once you p patient you’ll be rewarded. Okay. But yeah, we do have a telegram community. It’s free to join. Just, you know, um obviously you have to use the links in the description. But yeah, make sure you guys do join the the group. Um we do try post setups every day. Sometimes we don’t because you know, especially with today’s like this where it’s a lot of uncertainty in the market. You have to be patient and wait for price to obviously um you know close above or below key levels. But yeah, make sure you guys do join. Um it’s it’s a cool group we do obviously chat about. So Deald and Andy are here as well giving all the setups, all the spice and everything like that. So join, join, join. All right, what else we going to go over here? Um, if you guys did just join, welcome, welcome. So Avac, honestly, Avac is looking absolutely beautiful. Um, one of the tokens right now that I think can do a lot and will do a lot as well without people knowing. Hype as well. Um, remember guys, we’re waiting for hype. Um, we didn’t get to close above this level. Honestly, I don’t know what happened, but this was looking so clean. I’ll be honest with you. Remember how price was above 40? Like we’re waiting for this and we’re looking for continuation, but then we actually just got absolutely smoked. Price broke structure looking absolutely bearish here. I’ll be honest with you. Hype’s looking super super bearish here. We broke previous lows. Um, you know, we even broke this low over here, which is terrible, guys. So, hype right now is not looking good. Um, it’s not looking good right now. Um, so yeah, I’ll be I’ll be honest with you. Sorry, someone just was phoning me. I don’t know what that was about. Um, can you just see how we we broke structure here? Like we need we need price to get back above 40 $40. Otherwise, I’m not going to even look at a long here um for hype. So, not looking good for hype. I’ll be honest. This is looking absolutely terrible. This is looking absolutely terrible right now for hype. Don’t know what is happening, but market’s not showing strength today. Uh we do know that Mondays are typically a fake out. They do want to trap some people. Um but yeah, not looking good here. I’m like I said, I’m I’m very open for sells today, guys. I’m very open for these sells on MKR today. Who’s going to take these cells with me today? I think I think we’re going to get a good setup here for MKR. uh once once price does break the low, then that’ll be amazing. Um once we do break this low, so we’ll see what happens. Of course, um we do have to play it play it uh play it cool, play it easy. But yeah, we’re going to be taking this in the the the Telegram group. So, make sure you guys do join. Um I think MKR is going to be a good setup today. This is a trade that I’ve I will be waiting for. And yeah, we have quite a lot of TPS. So, once we hit this level here, I’d probably just go break even or just put my TP above this previous high. Um, but yeah, I do appreciate everyone for joining. I I’m going to jump off cuz I do have to go um right now. But I hope everyone had a had a good stream. I will be streaming on Wednesday as well. These are the current setups that I’m looking at. If you guys did miss my analysis in the beginning about Ethereum, uh, make sure you guys go check it out. And then yeah, make sure you guys do join the Telegram group. Every link is in the description. Um, but yeah, I appreciate everyone for joining today. It’s been a good stream. Um, yeah, and I’ll see you guys on Wednesday. And if you do have any questions, you guys can just DM me um over here as well.
