 Very good afternoon traders and welcome to the pro trader webinar today with Sam from crypto lifer we've had him a bunch of times and In the past and we we're gonna have him now Weekly on Tuesdays at 1 p.m. Really excited about this really happy to have him here a great trader and just a really positive great attitude That it's contagious to be around so There's a lot of things to take a look at. Let's just go through here and give an introduction And some links for you to crypto lifer and then we'll turn it over to him and let him take it away So basically through detail study Studies of technical analysis and cryptocurrency Sam learned how to become a profitable trader which allowed him to trade full-time Since then he's been able to devote his life to helping others achieve the same freedom He's achieved through his crypto trading And I have a link a couple links here for you for his website crypto lifer dot I owe And his YouTube channel here. I'll put these into the chat so you can reach out to him directly if you like the general disclosure is all book map limited materials information and Presentations are for educational purposes only and should not be considered specific investment advice nor recommendations risk disclosure trading futures equities and digital currencies involves a substantial risk of life Loss and is not suitable for all investors Past performance is not necessarily indicative of future results. All right, so let me get Sam's stream up here and We'll let him take it away Hello All right, we're set to go Okay, cool, so you can see me and my screen or just a screen or doesn't make me guess mainly the screen is the main thing to look at, right? Yeah, um, so welcome everybody You know one main thing just to kind of talk about is like everyone wants to become a successful trader, right? So when I wanted to become a successful trader, I asked myself what the word success meant and who was successful and you know There's many different You know realms of success or what I considered success was being able to wake up provide for my family Make more than average More than the average person right now. Why would live an average life? So make more than average But not have to do what the average person does to do that in a unique way, right? And if I could work from home, why not if you don't have to get in nine to five traffic Why not you know and I started studying successful people and I found and even you know Some people were sports players, you know as a young kid I got you know brought into sports like most people being from New England Boston Luckily, I got into you know, the influence of Tom Brady and the Patriots and even the Red Sox breaking the curse and a lot of awesome Things happen while I watch sports. Hey, what are you talking about sports for this a book map? You know, I I'm just kind of bringing in kind of how kind of my story and how I got into trading Then how I got into book map and a quick version of it. I'm not gonna see her for an hour But I started studying successful people and what made them successful was they did something over and over again Right, so they kept doing it and they kept doing it and they kept doing it Hopefully there's a passion behind that. I found I had a passion for numbers and just probability wise too You know, I like watching charts and I like watching the numbers on the chart There's something that it does something for me. Some people, you know, it's you know, whether I'm like The you know something wrong with me or something But it's just you know from my mind and for the way I look at the world. It makes sense. So As I started trading I started looking at patterns and I fell in love with the idea that there was trading patterns involved and I started using patterns as probability and then I started using momentum indicators But again, like I never knew what was really flags before they exist and then it gets into liquidity Well, what's really going on because as you get deeper you ask more and more questions if you tackle each segment of trading and at the end You know, not the end but once I believe four to five years in some people earlier Some people later depending on their evolution of trading. They eventually want to know what's going on behind the scenes, right? I love book maps website if you just go to book map comment It says like see what the candles are hiding Great way to market the product in my humble opinion because whenever I'm trying to show a beginner What's happening? I just show them that and when like, you know, the scan comes over you see candles I see liquidity and you know and you know the biggest Orders rule the market, right? So this morning Even the last few nights if you had opened up book map and looked at it I do it by the hundreds, you know, kind of something I even buy like the 40 Sometimes a little too small might take size some people but I like to see it and then when I zoom in and out I can I don't know if everyone uses it exactly exactly I mean, we probably derive the data similarly like what's happening But we may have like different sets up different setups different things we look at. I mean look at Bitcoin because I trade You know, I Trade all coins and they move with Bitcoin mainly and I also trade Bitcoin a lot I'll trade whatever the market gives me if Bitcoin's really tight and choppy and it's making it hard to trade all coins Then I'll raise the leverage a little bit and trade Bitcoin on a smaller time frame You get it like and I'll try to still get the same three to seven percent on the trade or something But if Bitcoin's more volatile has big more movement, maybe I'll trade spot or 3x leverage You know what I mean? I might lower the leverage and take advantage of what the market gives me So for me, I'm not a huge leverage trader to me leverage is just a tool to use And again, I'm not a financial advisor. Another thing I say and you should be taken as financial advice But me leverage trader leverage trading is just a tool to get a little more Here's a cool example of you know, a funny example that just came to me, but you're you know, and I like surfing I love using a surfer equation to trading because trades come in waves, right? Sometimes it's volatile and up and down sometimes it's flat and there's not a lot of movement very similar to the ocean You know, but the idea behind trading is say you're surfing You like surfing bigger waves with a bigger board and you go to a beach that like the waves aren't that big So you you put in your surfboard and you grab a boogie board to me leverage trading is kind of like that You know, and you might be like, what is he talking about again another funny metaphor? But you'll find out that's kind of how I talked and if you get to know me or watch my show But the idea is you can surf smaller waves And attempt to get a similar percentage. That's all, you know, I just use leverage when I need to use it Now I don't have to use it. It's like it's a tool at the right time You know what I mean? For instance, if Bitcoin's been flat and in a range from 30,000 like it's been 30,000 31,000 up and down Then when it gets to the low point trade the range with some leverage back to the upper top of the range, you know They mean But if if Bitcoin's more volatile or if I'm expecting a bigger move, you know I may may have really small leverage or I may even just be grabbing Bitcoin up spot and just getting a lot of Spot Bitcoin. I'm a firm believer. You don't need leverage. You know, I know I may be bringing it up. All right So this morning in the last few days Bitcoin Bookmap has been showing liquidity to the downside Like if you just zoomed in or out and when I tell people it's an order book heat map If you were to use a you know, a pair of infrared goggles and you saw a group of people behind the tree They would be dark red So people represent orders the darker the order that more people are there, right? And most people probably know that we're in a book map webinar But you know, if anyone's new or just you know, if want to explain it to a friend and what's a fast quick way I think that's like a fun easy way to explain Bookmap heat map order book And so what we're looking for is just you know, I dazed ways to identify liquidity what I love to personally do is not look at book map first and do my technical analysis and I like to use the word corroborate like, you know, to me It's like a detective every day when I wake up when I find out or attempt to look at where Bitcoin's going I'm just looking at probabilities Nobody in the room. No, no trader should ever look anyone dead in the face and tell them they know where Bitcoin's going The second I watch a youtuber or any other person out there and they're like, oh We hit this level then we're gonna hear tomorrow. We you know, I drew my Elliott wave We're gonna hit the top of the wave the bottom and like this is like it's always like I'm like, let's see what happens tomorrow and take it one step at a time, you know So that's why I do Bitcoin every day on my channel and that's why am I trading group five hours later? you're gonna get an update for me and you know, and I'm gonna continue to kind of just go at the price action because Price action changes every day. There's certain parameters like right now I'm watching the three-day 200 SMA and as long as we stay above that I'm bullish, but if we break that I'll change, you know, I'll be like, that's a substantial idea and that could turn us back bearish So I'm always watching every day to see certain levels get held or broken And if key levels break on local area, then I know that it's likely we're gonna get a break You know, it may be further down. So So even tonight we started today and I love the back testing tool It's fun, but we started the day with like this little flag on the 15 But look I made an M pattern M's are known to go to the downside And you were at the top of a pattern, too, and you got overbought on the stochastics I've whipped up book map and book map also showed me that there was liquidity to the downside like simple, right? When I first used book map I was a little overwhelmed if it's slightly because there's a lot of parameters and settings and you're not sure what you're Doing and it like and sometimes it is like, you know You know you keep it simple like there's more orders down here than up here Like when you zoom into the book and you just see like though there's just not a lot of cells up up top, right and Some days I can just zoom in and I'll just look at the red and green and try to get an example of like And I can see there's just more blobs here, right? Like if you looked at this blob and this blob there's that's a huge that blob is fatter bigger and wider If that was like if you were looking at money flow and another indicator that's similar to money for like There's more money in this area than there is in that area. Okay? So I've learned it in time and I'm not and again I've seen liquidity down here and the price action still rip up So I tell everyone book map is not a hundred percent You don't do exactly what that tells you to do just because but if I can start building a set of Probabilities in my favor and then I get this I can't tell you how many times It's helped me add to a short or not make a trade like earlier today I was in a long I closed the long on my live stream We were at 30,000 90 or something and I closed the long because I could see so much liquidity below me And I tell and I'm always on my live and I'm like, I wouldn't make a long I wouldn't open up along between this and the liquidity. There's likely gonna be a long squeeze in here there's likely a lot of people that are long and The price is gonna push down and I can't tell you how many times I've been on my live And I've pointed this out and within an hour to two hours later or even sometimes 20 minutes later This ball is chewing into this liquidity zone. So You can finally under and then you'll see you'll eventually get a divergence. You'll get cumulative volume Delta will begin to rise You'll start to kind of you know, you'll see this change and What I look for too is then I look for the liquidations The liquidation indicator really Is the special sauce once once they added that and I started adding that It's still a fun piece of my live stream that I love to add in It's something not everybody has in the live, you know as and what I what I you know So right here you're watching and you know, there's liquidity down here So then what's funny is an hour later? You'll see the short squeeze happen. It happens when you enter this liquidity zone I mean the long squeeze forgive me, you know, it will happen when you hit enter this liquidity zone and you'll start seeing accounts get liquidated and What was even taught to me by you know, people here at book map and which makes sense is like I look for a long liquidation maybe like let's say $600,000 and 15 accounts gets liquidated and then you'll come up and you'll get a lower low on price action And you'll maybe get less liquidations, right and that will tell me that we're entering maybe a possible place to long because We're exhausting the liquid, you know, so and and you'll also get you know, I can't Put an action number on this because I haven't like put it through a system But the more you watch book map and the more liquidations you watch now I've watched hundreds of these liquidations on the actual book map screen to not only just the candle bodies and So like today I was short the market and I said, you know market is look good It's more likely we move to the downside and then I even what's interesting is I drew before we went short And even or just even close the long like sometimes maybe you don't open trade But sometimes maybe you close the trade, you know, and this is where book map comes into play It just it gives you that extra bit of insurance and it's it's probable because you can see it It's not like it's like, you know, you have like, you know ships are coming, you know You're seeing look you're seeing actual liquidity. I said chips are coming I'm thinking a funny metaphor again in my mind is always kind of traveling through metaphors But you're looking, you know, maybe back in the 17th century and like the enemies coming which is liquidity, right? Like people making order, right? And you look at the binoculars and you can see there's like 50 sailboats entering the harbor I mean, you're probably gonna get attacked, right? Like Book map similar like you can see the ships coming like you can see the liquidity You can decide to go against it if you know, it doesn't always mean it's a hundred percent But even today so like you drew this 15 minute Okay, can this little flag save the day could you maybe make a shoulder head and shoulder? I'm open-minded, but once you made the M pattern there And we saw the liquidity to the downside and then I had this drawn already this trend line And it was like, well, we're gonna where do we go? We're gonna come test this trend line, right? And so with technical analysis and we did wick down what a wick down and we got bought back up on the wick too Which is pretty crazy But the idea behind it is through Technical analysis and now look this candle bounced and these two candles bounced here like How did I know earlier today? Two hours ago or about an hour and a half ago that like this would be a bounce area for these two candles, right? number one Had I had book map open at the time you would have seen liquidations occurring okay, and Now and being someone who watches book map a lot which you will get an edge the more you use book map You'll get an edge because it's just more data. You're feeding your subconscious and you'll be able to make you know better Right better decisions on that But again now look this big buy this big buy order just comes in now this deep red 29,000 now and now we're at 26 that nine six eighty now, right? And you can see the plans. Wow, it does look like we may start to go a little lower here Okay So later today when I see if I if I do see 29,000 29 to I mean It wasn't a surprise to me You know I could see the orders here. So It helps you move with big money it helps you realize where people that have more money than you are planning on moving the market and It gives you a visualization to plan around your trades and again I don't open book map up blindly and just open a short and Maybe I get I'd like to try one damn it I'd like to just blindly call it You know, I like to do some of these like you know, because the more I trade the more I like to peel off Things that I've added on over time and make it more and more simple Well, like I love to open up a book map account one day call book map You know make an email like book map or something just and just only you know do whatever liquidity says There are days where I've seen the liquidity here and we've still ripped up on a short squeeze You know and you're like, huh, that's that's not likely. That's not supposed to happen So the market never does exactly what you want it to do and it never does exactly what it should But over time it tends to it tends to make patterns that you can eventually get yourself involved in The key is you find the probabilities by being here all the time, you know, it's it's sad I would I just want to tell people there's this like easy fix the trading and you can buy the right indicator And you can go in and out and and again I there is that savvy swing trader that can you know work another job and get in and out and make some money But if you really want to like trade for a living and like live it and breathe it which is like You know more than just the money. It's it's the freeze. It's though. It's the freedom of being Your own person your own incomes that are you know, like whatever you want to work more you want to trade more I Believe that the more you look at the market, you know, there's off days where I don't trade But I still play with the market. I may make a mental trade I may just open up a smaller trade, you know, like for me a small trade is not trading like I may just throw a couple hundred bucks at an idea, you know a balance off a moving average or Something like that But it would be interesting to just open up one account and just short every time there was liquidity low long every time There's woody high And just kind of give it like, you know, very light risk management and see how bookmap does because in general When it doesn't go down to this liquidity zone, I'm usually baffled. I'm usually like, huh, that's Yeah, it's funny. I'm saying that in realization with everyone here now like Because I do this every I use book map every day seven days a week Like I can't tell you the last day. I didn't use book map. It's it's probably been over a year And maybe one day I forgot it or like I was traveling and like I couldn't load it You know what I mean? Like but I use book map every day It does the only thing about book map It does become like an addicting piece of your of your work Like once you bring in book map and that lets you know how good of a tool it is because if it wasn't so good Why do I what why do I want to wait? Why do I want to wake up and see it every morning? Because obviously it it it gave me an extra piece of data that I'm using that's helping me Otherwise what you know, ah forget it. It just looks fun. It's fun to sell. It's fun to talk about on my live stream, right? but no like it's a lifestyle book map became a lifestyle for me and You know, that's why I really true I really cherish the relationship there because you kind of get me to use something that I love every day and there's like a respect between me and book map there because uh, you know They kind of introduce me to a product that I believe is is like a useful and addictive tool Because I want to see the liquidity, you know I make a trade I don't open a book map It's kind of foolish for me because it's in I have I have the option to get more data Why would I not take the option to get that data, right? So so like today like if you were to ask me what's gonna happen about to Bitcoin Well, I'd look at what I'm seeing Right, I look at some key levels. We here was a low a swing low. We whipped. We broke that swing low We even with lower So once you make a swing low on a trend, you'd expect a lower high, you know, so you have your low You have your high you have a lower low. You'd expect a lower high To pick in some type of lower balance and then possibly a lower low, you know so I'd be on like the seven or the smaller time frame and Now I'm looking for what are called continuation patterns or reversal patterns, right? I'm I want an indication. I want price to give me a probability, you know And I'm cheating a little bit because I already believe that book map, you know, so like I'm basically Scoping out a bear flag at this point because another thing is I've watched price I have the Ability to have watched price action for so long in my life and put so many hours of my life in the price action They're like iconic and sick. I can't tell you what it's gonna do, right? But price action can't do I've learned in my lifetime and Sometimes it's hard for me to even convey these things because I'm like, how's the best way to say these to someone else? But here's my best way of explaining it. So they and this could be some gold for some people if they can grasp what I'm putting down but Price is here and we know it's gonna drop to here. We don't know what let's just price drops from here to here They it's like that just price can't just go down, you know It goes down for a minute, but then what it's gonna do it somewhere in the five or the seven It's gonna make a bear flag, right or a rising wedge flight You know both really consider and then it's gonna break further down and it's gonna make that those are both continuation patterns That price continues the way it's moving 68% of the time back to the downside, right? So I already know that if price takes a dump There's a chance one minute, you know, it could be straight recant for a minute, but at one point I'm gonna be able to find a continuation pattern It starts to condense at one point if I get to a small enough time frame. I'm gonna find a continuation pattern and Once I find the continuation pattern, I'm then gonna find the measured move, right? This is very preemptive right now. Like I'm just very basically projecting this, you know And my measured move is look 29486, right and it could even be a bigger fault further down And then like and then I start looking at my levels of support and resistance You know, I might zoom out of the seven and I start looking at my one hour time frame And I start saying wow if we break that area, there's just this one level here at 29 And I was like and then we fall all the way further down and it comes from these sections of liquidity, right? And some areas some high volume nodes in the VRVP that I also bring in Which a beautiful thing too is the VRVP will a lot of times give me a like a big volume nodes sticking out Lo and behold, what will that volume node be or where it would be? It will be pretty much in a liquidity zone that I'm being given by book map, right? So like right there 259252 and lo and behold, I mean that's in the crux That's in the mix or that's in the main section of this 29,000 to 29,000, you know 400 area of liquidity, you know So now I'm like, okay So now I'm building the idea that the shorts coming because I see the liquidity But I don't blindly short. I'm still looking for a pattern that gives me a high probability that the The price will go in my direction And and then I look for momentum to like I want to see if I can get the stochastics Indicator up into this high momentum area Right so like earlier today, you had a very you had an M pattern, which is a known pattern that breaks at the downside 68% of the time You had resistance and you came to it twice in a row with and then even this indicator even comes with the verdances I usually find my own but I added this one. I says RSI divs and it even gave you a bearish divergence there This hill was this hill here was lower than the left hill. So it was a downward trend All right, and I guess technically still I it sometimes find divergences that I don't really wouldn't see but that's why I use it but you can kind of I guess if you use like a downtrend and then it's slightly like it's kind of almost a hidden down the RSI, but Needless to say I don't see a strong divergence there But the the indicator called one out and needless to say I don't need a divergence in that situation I have a high I come back. I try to breach the previous high and the indicator tells me that I'm out of momentum So that's why I love the stochastics RSI You know and and I look at if you're trading probabilities and you're playing it's basically like a scientific experiment each time That's how I look at it. And so like see how price action here goes up Goes down goes up goes down goes up goes down and then the stochastics follow Right, so stochastics are always gonna hopefully go up and down Now price action is doing whatever want like, you know, it doesn't have to it's not staying inside of the dotted line Like sometimes it's here sometimes, but the stochastics are at the constant So what I learned about the stochastics is if they can come to a high price action come resets and The stochastics come high again like they were before The highs lower you're likely the shorts gonna win, you know and look it came up for another high again And the stochastics were overbought At that one moment in time, I'm also seeing a big bunch of liquidity below me, right? I can't tell you how many times that like I've done my TA because I was doing this before I had book map Now I add book map and I can see so it was like book map just really It was kind of like I was blindly I was a doctor who was blindly operating and then I was given infrared goggles that like Or you know x-ray vision and I can now see behind so I was doing pretty good I I do have just years of putting in price action, right? So one thing is I probably would have been a little been able to accelerate my trading a little faster with book map because What I had to learn without book map took just years of staring at, you know You know market liquidity, you know, you could do things like I kind of do things the hard way You knew things the easy the easier like some people understand algorithms understand a flow They understand like one couple way to trade a couple years start adding some bots and figure out or you can just do everything Like I did until you know it's me just kind of get like you could just cover it all like a madman, you know so I kind of fell into trading in a very untraditional manner and Slowly added the traditional sauce, but just kept kind of doing different things and you know Self-taught is the best way to you know There's some painters that have never been in a professional painting class in their life, right? But they're still considered some of the best painters and then there's people that have tried on and on and Well, I heard will never be that no one and have gone to hundreds of painting classes, right? So it just I believe your desire and your passion for something We'll definitely facilitate the ability to come become better at you know, so Never worry about the fear of knowledge If anything worry about the fear of passion, you know, and they have no fear anyway, but You know when you start losing the passion for life when you get up and you don't feel like getting up That's when you should like, you know Figure out, you know, that's when because you won't be able to be good at anything in life If you don't if you don't if you don't have that That want to make it happen. So I try to bring that into all my that's what I think Bruce was kind of convey the beginning like Most people might just do a webinar and they won't mention stuff like this They'll just kind of talk about numbers in the chart and I think that's great. I'm not even hating on that I think I get I get a lot out of that, you know, sometimes they don't want to hear mixing those but whatever I'm around you're gonna get kind of You know, I'm gonna mix mix both a little bit of what we talk about in the charts and a little bit about mentality and energy because How you feel about the charts, you know, you could have book map in your back pocket all day long But if you're on the type of guy every time I sell the price goes up every time I buy a price goes down, you know If you have that mentality, then it's gonna be hard, you know, so Keeping a positive mindset is literally at least 60% of the battle and then you got to begin to add the skill and You know add the education. So like today if you're looking at book map with me, you know, I Would really would be surprised if we don't end up somewhere in the low 29,000 later on today, right? And I can kind of already kind of starting to build now again We could come down here and bounce and if we get back above the zone and use that as support Then I know that we retested this area But right now Bitcoin has now created a new area of resistance that it didn't have before like this morning We woke up and we had lost 30,000 or even yesterday 30,000 300 Then it was this level because we wick to it twice then it was this level here 29 990 and now we've lost this previous bounce becomes, you know So that previous support becomes new resistance now and now you've lost so that that is a great retest for possible place to add maybe a you know stop loss above it and so And so that I'm using book map, I believe in a simple manner, you know and and Again, one thing that's a little more complex about it is I understand how you know, I can't tell you exactly but I Can sense when the liquidations are getting towards their end because I've seen so many of them, you know I mean It's kind of like if you throw a bunch of fish out to the sharks and you watch them You know, I got I usually take them five or ten minutes to devour each of these like this batch of fish You know kind of morbid, but you know so Don't become a chopped up fish don't and I can't tell you how many times we're on my live And it's usually the seven minute time frame and I'm giving you guys a kind of little secrets secret sauce here Like today when the longs if you know, and who knows it may not happen for sure But if it when the longs do get liquidated, right? We're gonna wonder why Right, we're gonna buy couldn't they have seen the like all didn't it couldn't they have just Like book about 50 bucks like right. It's like it's right. It's it's Or come to my live stream where I'm doing this for every single day, right? Constantly, I can't tell you we have watched in my live stream in the last two years. I Have to say I find I can't say last two years because but since I've had book map almost I think a year year and a half almost like we have watched I'd have to say at least a hundred. I want to say 200 liquidations, you know like Even more actually probably mean more than that and but days were like for a couple hours an hour or two We just watch massive, you know short squeezes And before the short squeeze there was just so much like like red and yellow liquidity above us And we were like, well, what do you know, like wow people could just understand the book map and use it for like two to three months I mean, we don't want everyone to have book by my guess because we need to see them get liquidy I It's a it's a double-edged sword, right? But we do want everyone to have book map to though, right? You know because I want I want the product to sell and I want to be a you know I like being a brand ambassador for book map, but uh It's interesting, you know, I was wondering I'm like man And then I really I really feel blessed, you know that God blessed me with this now I'm like because on my live stream and My trading group isn't getting liquidated on days when the markets, you know and we're We look like the people that chose the right decision and all we do is use the probability probability just plays out pretty well, right and And the system I use works because you could see it's years of following price action and then years and then filling in the data behind that price action Which uh, it made you know, it makes sense even when I'm talking with each and every one of you today It makes sense, you know, so The only thing that had me going was like there was a really strong bullish divergence here on the one-hour time frame Swing up swing up right there and this swings down However, it was weird. We got the push-up and then we lost it again. It's it's rare You get like a double the bullish divergence, especially in the one hour like this It may still get the bounce, but it's that's a little weird, you know Almost like we had it and then we lost it again and we tried to make it again and we didn't You know, it really isn't too strong now. They're both kind of slamming down. So We lost the key level right there when we lost 30k, you know, and then 29 800 even 29 5 was likely we dipped down to 29 5. I mean we hit it some place that I thought we would go to too as well So that's like that's kind of like that's what I'm doing, you know Over time with book map I mean the more unique is so anyone can kind of do this the more unique thing that I do is fine I can assess once I see liquidations and then key areas of support and resistance and then some You know some divergences I Have a higher probability of telling a figuring out where the market has finished its dumps I'm pretty good at it like we'll be live streaming and you know, I'll call like, you know Like this dumb here. I'll make you know, you'll see me sometimes I even make a quick lever trade Not I don't usually risk a lot, but I just you know, I'll throw in there to see if I can call the bounce and So and you know a lot of that we've done it on the live stream many many many times But it's because I really study my divergences and book map helps me with understanding Where we most likely have liquidated most people, you know, you can just see it I mean, it's there's chunks and chunks like Eventually you go through most of the people that were short and you're gonna have to kind of either build that That you know, get them to basically believe in a short again and build that confidence back into them And induce them to go short yet again sometimes by even just one spike of a green candle up makes them think that It's perfect time to short lately a lot of the rallies we've been seeing I've been definitely short induced and Just people are still indifferent to the market You know, I'm firmly believed because I'm a divergence trader and the weekly has bullish divergence Which I back tested on Five of the major assets that any you know that basically have clout like the Dow Jones S&P 500 the debt DXY Tesla Anything that can has a really long substantial chart where I can put the weekly on if I've ever found weekly divergence, it's usually one every every five to seven years on any of these charts and Every time I found it is marked the bottom on any of these indicators and I found it on Bitcoin and to me it tells me that Bitcoin is bottomed at that 15 8, you know Do we challenge 25 again? We go to 19k, you know, I'm open-minded to anything and again, there could be some blacks one event But just a little alpha about me and my channel here like I I have been You know, and I guess I'll go down with the ship if it is in the bottom And I'll just have to say and again, I don't try to say, hey, I know it all this has to be the bottom You'll come to my channel and I'll just go over The weekly divergence and I'll show it to you yourself and I'll ask you what do you think and It's really strong data. That's really hard to argue against. So who knows Anything could be anything could happen, but I will go on the record With the data being my my main, you know, I'm not really what I think I feel believed But with the data conveys it the charts convey to me that Bitcoin has definitely bottomed already in this market cycle It's just finding its way now as it kind of begins to get itself ready for the having and You know really good place to be in cryptocurrency right now to shout out to anyone that's here at this webinar You know, if you're new just learning about book map if you just love book map and you're part of the community great time to be in cryptocurrency because So many people get into crypto when it's really known, right and they they don't know what it is And they some of the people just I just took a shot like yeah, I bought my first Bitcoin It was 69,000 they didn't even know not the whole thing Maybe they even put 500 bucks, you know, and then they watch they go down to $300 200 bucks $180, how's my 500 bucks, you know, Bitcoin was supposed to be the answer Get me out of financial, you know, give me the financial freedom, right? So This is such a good time For us to be doing webinars. It's a good time for Bookmap to be doing what they're doing and always kind of making new creative ways to get their word out there And it's a good time for all of us to be educating ourselves Because the market will rally a lot of money will come in and the more tools you have Um to gain financial freedom from that from that rally Is is important to really hone in on the skills now right Yeah, so sam i'm i'm wondering like um The way that that you're using book map, um, it's it's kind of odd actually um You're using it as a much much bigger picture um kind of indicator of liquidity and then Looking at your technical analysis to be driving toward that liquidity Yeah, that's that's what it seems like at least Yeah, yeah Yeah, I don't I might use it untraditionally. I you know, that's what I don't know, you know, um But that's definitely what I do, you know Do you do you ever just um do the opposite like look at book map? um, and then how that might um, you know on the on the lower time frame Uh and how that makes up the technical analysis that that you're looking at on your candlestick charts Well, I mean, I think you're saying the same thing. I mean, it's like, um I mean, that's what I love the book map when I first really got involved in it right was, um Like when I was like this right and I could see a flag or I could see it a double bottom And inverted head and shoulder and stuff like that. Right exactly Yeah, yeah, and I could begin to kind of see levels where we were likely going to go But it just so many times uh I just see the the liquidity go towards the bigger order, you know what I mean, um um It just to the point if it's like 80 percent I'm I Because I whip out I whip up book map every morning and I look at it and then you know, um So I just uh I I'd like to see that there's possible orders in my favor. You know what I mean, um Um, once we get into that, I've seen we can trip through it and then we can add more You know, we can kind of start to head further up into that zone Um, one thing I've also noticed is the closest the proximity of liquidity Like I've seen a big chunk of liquidity here But then like a big bar right there and usually we'll kind of touch that bar first before we come back down and grab the other layer, you know, um But um Yeah, I mean uh To me I get so much out of price action on the patterns and the candles themselves That's funny. I haven't like like I haven't been like zooming in deep to book map as much I zoom in when I watch the the The liquidations I like to see the liquidations at this point. Like there's a there's a liquidation right there, you know, um Yep, that's short. You know a short liquidation a couple more short liquidations right Yeah 45 000 Or 4500 sorry and And so, you know, the only thing you see is we got that wig We got and the only thing I was looking at as a pot was a possible like earlier this morning too was a possible reversal because this is what's called a broadening falling wedge, which technically will break up It's supposed to break up 60% of the time. Like can you get that breakout? To the upside, you know, that's like the only But the smaller timeframes were you know rejected us right there That little flag I wanted to break out break that zone, but the smaller timeframes rejected us Brought us down now. See now the 15 minutes low So see the 50 minute hit lower momentum So I would expect some type of bounce, which is funny and then you get, you know Some short some short squeezes I mean, um, yeah, some short squeezing, uh, but it but for me it doesn't look Like it doesn't look like it's gonna go that long, you know, and again, I could be wrong But uh, you know, I don't anticipate us getting back to 30k In this at this junction, you know, like all of a sudden it looks like that was just a kind of a little pocket and I'm also wondering and yeah, I'm a little off topic, but uh, is the rate hike baked in or not? And what are we going to see on the 26th, you know, as we come eight days into the into the rate hike? So I tend to see volume get squeezed a little bit up into the week before rate hike where people just People are just tighter with their wallet on their trades, you know And so you get these like just tiny little kind of moves here and there So Yeah, is there a particular amount that you're looking for like in the liquidations that might give you a tip tip, uh Tip your direction Well, like generally I'll see one and two And usually you'll get three or four in a row, you know, um And um You know, I guess like a natural like you watch so many of them But you'll get more, you know, you'll get more of a vertical move further to the upside um kind of in succession And then I want to see a lull and then I'd like to see like another one of those Um, and usually by that time they it's it's pretty exhausted, you know, and uh Again What I'll find again is I'll go to a smaller timeframe like the one sometimes at the market's moving really fast the one And I'll look for a flag and we'll go sideways and if the flag completes Um, it's funny. I can't tell you how many times I'm like, here's the flag and we should the flag and then We watch the liquidations happen again, you know, and the liquidations will follow the technical analysis Pretty awesome. Um Yeah, it's like I can kind of almost predict Uh, when I'm going to see people get liquidated, you know, I mean like Not a hundred percent, but pretty like 80 percent of the time I'm I can Pretty get a pretty good sense. I mean there I didn't I couldn't see it per se, right? I mean, but you could see there's a balance there on the 15 Right, what you will look like what I do know now is like say we do get We just somehow get a burst of liquidity. I don't see it, but we could The second if we do burst through here Boom That will be a huge short liquidation like you'll see it like you'll if we get above that zone and you a little retest And some like a two five minute or one minute And then I could see just and then you'll see another massive short liquidation, you know We are consolidating here a little bit You know, which is you know Do you see that this is basically like watching the flag like I think you're saying and you're starting to see price action begin to You know say hey, I don't mind this area, right? Like we were lower before I want to see if we can hold And there is a there is a slight divergence here Um on the one on the you see this The the divergence should tell you when You've liquidated most of the long of the of the long so This swing down the swing down in the the r you know, the rsi swings up That should you know, that should hold What I found about these is it should you should like slowly get up there throughout the day But you may still get rejected by the same, you know You eventually have to get back above the support of resistance zone, you know So Like unless we break above this these two humps here like I still just remain short for the rest of the day 29973, you know If we break above that and possibly retest And I'd even be looking for more like, you know, we'd have to break above this diagonal trend line too as well This bigger one that I have drawn For me to like really want along the market It's really like smart in my opinion not to touch along until we get back above 30,300 Which is the weekly support and resistance level that I've been watching No But bookmap now does show you like, okay. All right uh You know We're flattening out a little bit, you know, oh and again like that right there You you'll be able to see as like if you want to see it on in the candle bodies You can zoom in and like you should you should be making a little flag on like the one minute time frame And if the one minute can stay above the 21 sma, that's another kind of Little trick that I use like and you know chance you could scalp this, you know To me the volume's been tight and moves like this have been tougher than they are, you know, even just a month or two ago I tell people it's it's sad. I don't want to like boost means it but summer trading is uh Summer trading just been tight. I've I've now traded through like four summers um like almost every day and uh It's uh, it's definitely not the same as trading in like the fall or in the winter time, you know Yeah, yeah, I'm agree with that yeah It's good about crypto because there's coins that are at a very low price where people aren't paying attention to them You know and It only takes such a little liquidity to get them up again And then there's a difference between a 50x and a 10x or 20x So There's always a really good time to It really benefits someone who's willing to hold a pretty good amount of time and do some good research Like this is like the best time, you know Like normally this could fall this could get followed by another set of liquidation But I could just tell that it was flat like we just don't have the volume, you know Now again, this one minute makes a beautiful flag starts to show you that now Yeah, you're gaining probability now. All right, and now You'd see this break out and then you'll watch the short liquidations, right? So I kind of use the I use patterns Because again price can't go wherever it wants It has to follow some type of movement and it has to follow a pattern, right? It can't just like zig zag week around make a circle make two circles, you know, like it doesn't do that That's not price is never it price will come down Eventually make a bear flag Or eventually make an inverted head and shoulder Or make some type of double bottom then it will break back up, you know Oh So Yeah, one of the one of the interesting things that we've seen On the liquidation indicator, which is a magical Indicator. I mean like I hate to even call it an indicator. It just is giving you just raw data of Exchanges liquidating people's positions because they're they're getting a margin call um, but Which I still just can't believe that they they give that information Nonetheless, nonetheless, it's like like on this here's 45,000 All right. Well, let's see if price trades a little bit higher. Does it still start to liquidate? Uh, if it doesn't then you can get a divergence there in liquidation, you know Maybe it maybe it has like a couple thousand or something and then You know price has gone higher And it can't find more liquidations So Yeah, you you taught me that like you you know, um XR continue, but yeah, you definitely pointed that out to me Yeah, and and a lot of time. I mean, it's it's just like it just kind of I mean, I'm not a crypto trader, uh, like like you Uh, so but I've noticed that the the the markets, um, you know from my perspective at least um, I find crypto a little harder, uh to to analyze because A lot of times you get these liquidations and then these these short and long squeezes Um, and then it'll just go to the other side of the range and then do the same thing And then back in the middle and then the other side and do the same thing Oh, yeah, for sure. Um And um Just the other day, I mean we had that beautiful green candle Right xrp won the case it looked like great and then the next day gave it all back it was like I was like, where did 40 billion dollars come in and out of the market like that, you know, it's like Yeah, totally, um Yeah, the crypto markets are are you know, just I don't know. I there are a strange animal for me. Uh, that's what I find at least like, uh Kind of a little do in their own thing kind of detached A cool metaphor I have is like, you know My dad had a lot of old cars, you know, or like he liked to use cars and like You know, I was born in 1983. So right at the end of my life Maybe when I you know, maybe I drove like my grandpa's car once on his lap or something but you know cars had no real Um, the steering was loose and they were all over the place, right? But you got better at something when you know, if you drove it a lot You know, and so like crypto's all over the place But like you kind of get better at it if you drive it all the time, you know, it's like You almost get used to the volatility or you get better at feeling out when it's going to happen, you know, how it's going to happen and um Like right now this little flag does suggest we're about to see some some more short liquidations Right, like another little trick is like we like to pump up to the 200 sMA a lot of times if I see space The moving averages get tight and then I'll see space and the 200 will be away by itself I can almost tell like 90% of the time there's going to be a liquidation and Because I guess the whale ball whatever they do they like to trade up to the 200 sMA They love to pump price up to that, you know, and they do it on all time frames I've seen at the 5 to 10 15 Heck, I've seen it even on the bigger time frames. It just takes way longer to play out A lot of things identified on like a smaller time frame and then I would check it You know on the weekly, you know Like I back tested the 15 and the 1 and I was just swing trading day trading and like I learned to get out of positions whenever you made a substantial space away from the 21 day moving average Right, and so like here it happens right there like bitcoin gets really high It makes a gap away from the white line here, which is my 21 day SMA my simple 21 and that's the time to Take some profits, you know every rarely like only 5 to 10 percent of the time probably even less Will that continue to will the price continue to rally like it's just very rare. So Fine like I'd rather have a probability signal that I take That's right most of the time and then if the a couple times it's wrong then oh well, so um Point of the point I'm saying that this is somewhat long-winded, but bitcoin pumped on the weekly Right and I put on the moving averages and look the weekly got high away from the 21 And so when we were here, I was calling the top because I had back tested it now I had never tested it on the weekly yet I had back tested this theory on the hour the four hour the 15 the one like Every time frame and what I kept learning was once I learned something on one time frame it became true on the all the others So Once I learned that something I knew on the one was true in the four Then I knew it had to be true on the weekly right and so then I was able to and then there was a bearish divergence But I was able to call this top Um, and I like, you know, I didn't say oh, we're definitely going down all the way to blah blah blah But you know, I basically said hey, we're too far away from the 21 day moving average And that came from smaller time frames. It's just interesting how things you learn in the smaller time frames Can then teach you things on the bigger time frame and vice versa in a way Uh, and so I always tell people like keep experimenting keep charting Some of the things I never thought I was just daydreaming daydreaming swinging around like playing with stuff Ended up becoming some market data that I could use later on but at the time I just thought I was just playing around, you know so Yeah, makes sense like see this candle see this candle starting to break out now like, you know, like and in If I see the a whole slew of short liquidations now, like I mean, that's what I believe is it's about to happen right now, right? It's highly likely um That we're about to see a short squeeze And it's because I knew the pattern I knew the probably with the pattern and where and where the uh momentum indicator was and And again, I mean, maybe it won't you know, I can't I wish I could be like, yes But like it's I can even get a sense of how the balls this is crazy I watched this ball so much like It'll like start to shake violently usually before liquidation. See there it goes right there See I was able to call that short liquidation, you know, right like whatever. I'm not like, you know a magician or whatever but Uh See I was able to figure this was gonna happen before it happened, right? um And I this is how many times have been on my live and I've been watching people get liquidated And I'm like, man, if they just if I could just tutor them for one day and like If I could give them a little bit of my knowledge like look at all these accounts that I just saw get liquidated But if they were sitting here at this book map webinar Right, I would have told them this flag was likely coming to this 200 sMA, right? I don't know I feel bad when I watch people lose their accounts, you know what I mean? Like when I could see that that that's what I wouldn't do that Like I wouldn't do what they're doing and they're losing their money, you know, so I don't know Oh, it's horrible to see it. I mean it's so sad On the other hand though, it it's showing you the behavior of traders. I mean like very clearly They're over leveraged and This is what happens, you know, um, they're getting price moves and You know stops people out, which is the buy a lot of the buying is is is the liquidations And then, uh, you know, then it retests and it can't find any more Fuel for that fire kind of reverses around goes the other way and liquidation liquidates to the downside uh, and yeah, exactly, uh, you you taught me to You know, I used to think that The market was going to do what it wanted and then like people just got swept in it But I I realized it's more like It's like a bird that's like, you know, like a bird's Above looking for what it's going to eat and if it sees a school of fish, like that's where it's going to go like Like people don't realize like retail basically seals their own fate in a way, right? um Like they all start doing the same thing and then they create they create the liquidity For the market maker to go after them in a way, you know, um I realized it's like a real-time cat in most game before I thought it was more It's more like a market maker setting things, but you made me realize it's more of like a moving It's a living. It's a living being that's like always kind of traveling for the nearest liquidity zone, you know, like You just want to try to ride that um Right, but like you just said, right? Look, here's a great example of what you talked about, right? So we came up and we liquidated 20 000 and then we tried to come up again We got a little higher, but we liquidated less people, right? so It's a divergence in in in the amount of you know, so It says that that rally was kind of short-lived, right? You know and you could see and went it's funny. Where did we go to right? Basically, you'll see you'll get rejected right near the 200 sma. It's so insane How many times I've seen that little move, you know Technically, I could I wish I could could have traded that right for 10x leverage and just made a percent right call it a day like So that's kind of what I do a lot on my channel what I teach people is how to exploit the smaller time frames using patterns and book map um And you know other people's short liquidity. Thank god, right? I mean, I guess we need them to do that. So Yeah Yeah, nice nice calls That's cool that that happened right now, you know, um, so it's kind of like That's a lot of what happens That's how I basically used to show the product off a lot, you know, um At the end of the day However, anyone uses book map it should keep them from It should make them money and keep them from losing money, right? And, um That's how I use it, right? To be on the right side of the trade, right? Yeah Yeah, well sam you've been going for over an hour now. So, uh, uh, I don't see any questions in the tube. Let me check over in discord There's no questions. We can we can wrap it up So no no and well Let me let me just mention here again, really happy to have you sam Always really enjoy, uh, your analysis and also your, um, just a great attitude. So um, looking forward to the stream, uh, every every tuesday at one, uh, and Uh, yeah, we'll just, uh Let me know if you have any questions that you need anything. I'm here to help you, uh and support you. So We'll just move forward here. We got the the the channel set up for you and next time. I'll show you also for the I'll give you youtube, uh streaming key and all that so, uh, you'll be able to do it live Right from your own machine there Okay, excellent excellent Yeah, um, yeah, I just want to sit with you maybe one, I think yesterday I was but if I could book one hour Like a half an hour or an hour with you Sometimes in the next couple weeks just look like over some of the new stuff you got and some of the other things Just to see if there's something else I could be doing or oh god, absolutely Absolutely, uh, any time just just reach out hit me up anytime Okay, all right. I will hit you up in discord. Okay. All right. Thank you so much bruce. I appreciate it, man God bless you. Thank you sam Have a great day. You too. And thank you book up. Take care