 morning everybody welcome back to another stream hopefully you guys are doing great without further ado let's get started with yesterday's review we've got about half hour to get that news release so we're just about coming to it so yesterday pretty interesting day sort of we can see where we came in yesterday in terms of understanding that this was a split decision short long and it ended up looking like it was gonna break up at least from this point of view we got our nice little double bottom here and we got out 10 o'clock remember yesterday's advice was just wait for 10 o'clock and just pretty much do the inverse of what you see in the inverse of what we saw leading up to leading up to 10 was nice little downside double bottom so it made sense to sort of long uh this didn't really last long as you can see just very much exploded into these walls here and when our next time interval came along we ended up trading down you can see that it started collecting pretty much at this sort of very high level here as you can see went to 25k dropped straight down another 1k down so it's a very good move down it would require sort of Asia this was what 1600 market close depending on if you stayed in over 90 or not i mean 1600 came along here you had to wait an hour i'd say minimum weight should have been two hours if nothing happened two hours you could have easily closed that because you stand the risk of just reversing it after so maybe swiping at it so 1600 came along nothing happened 1700 came along it just sort of uh sort of cascaded all the way down into sort of this wall that they set up a very long time ago even this shallow wall got a bit more excited as we sort of came closer and closer to this price now it's all consolidating you can see the building up shorts again so maybe we go for the reach around looks like the move here was just an attempt to catch breakout longs for the most part as well as sort of take out liquidations that may or may not have been there uh if we sort of uh again break down sort of um the time intervals here uh yesterday 13 30 uh go look uh yesterday again uh 10 o'clock is just our standard sort of uh normal affair you obviously have potential of 8 30 being the initial swing that leads into 10 uh but is where we have that uh 130 coming in usually we look for that 12 o'clock but again uh often uh when we get the speakers they usually sort of uh play with that either moving it forward or backwards uh around that uh 12 o'clock standing time uh then lastly we had that sort of uh closing uh speaker coming in here nothing really too obvious coming in uh but this just led into that uh one hour sort of delay then you can see that here we add what 1600 coming here market close again just an hour of nothing then form off we go again if it was two hours of nothing out of said get out but it was just only an hour again we give it an hour uh we give about two hours to breathe if it consolidates for two hours like this you're usually not really wanting to be in that short uh you're more likely to be in that inverse position but again another sort of win in terms of understanding that uh time intervals are very important uh and not blindly just saying oh yeah just trade whatever time just do the opposite but it's just if there's a build up and a significant lead up into that uh again it's something that you can take advantage of uh alternatively if you if you went if you didn't know what the time speakers were you can just look came in look at this you can see that the first build up was uh very sort of climactic you can see that here then this one just creating that that lower area not really letting those uh longs release that just shows us sort of new longs entered into this market so you can see there's new orders new trapped orders into here and they're just adding as much as they can as close as to this without releasing the order orders and once you come along it's just nice and it's just an added benefit to know that okay you're looking for 13 30 here just because that's where you have that speaker coming in and and it will ran along coming to today uh again we talked about the split that they're developing here was the short traders uh looks like they're supporting and they're trying to push it up ahead of time uh not really too much news today except for 8 30 so looks like gonna be a pretty much standard fair where we expect 10 o'clock and and potentially sort of uh 12 o'clock just a typical sort of standard times where we may look for things in terms of a midday slump and and so on but as long as the thing above uh let's just say uh 23 750 we should be decent in terms of uh understanding if we're gonna go up or not uh again if we sort of eat into here as long as sort of above here developing this was sort of biased along for the most of the park uh listen to we sort of show that we have conviction to sort of just liquidate longs here the shorts here then if we start liquidating shorts here i mean it would ideally come all the way back into this area here uh maybe it would be slightly overhang just under 24 to 50 who knows but then we drop that's the only sort of uh short play for today if we're expecting prices to come down uh other than that you're pretty much uh looking for it to at least uh climb up uh a bit there just looking at sort of yes we're sort of seeing similar things that uh where we sort of again came in here to the down you see just put much earlier on and then continue back down hearing yourselves a nice little essentially double bottom uh connecting probably shorts at this area here uh in terms of resistance wise for it you're looking for just above here so we have that if it decides to climb back up uh it can hammer itself much early on or even support itself here if it wants to grow for higher so again it's just about understanding where your levels are pretty sort of uh far and between 40 years it's just not uh it's just not really uh doing so hard i mean bitcoin's been doing a lot better recently because ever since the shift and see that here it's shifted away just doesn't want to come back but we have that potential saying this area and this area here our points we may consider uh where it will do uh the same and if yes decides to sort of find itself uh at this sort of area here it continues to go up and then if it doesn't if it supports itself like yes does then yes if it doesn't maybe seeing this at least continue back down to 22 750 who knows the possibilities are endless not really but there are some possibilities uh yet to be seen uh whilst we wait on that news to sort of come out we can look at sort of yesterday news i guess uh we've got a half hour uh-huh the sec charges tarot labs terraform labs oh no the old department was defrauding crypto investors oh my god no uh skew she's invested in playing toga rising value statements from the sec also alleged that terraform and fun also uh receive investors while marketing lunar token a cryptocurrency that crashed damn it was may that was so long ago they only felt like yesterday uh stability of terraluna and algorithms stablecoin which deep paid from the u.s. all leading to a fomenting zero uh trying to include in karkin a public exchange which hits in staking program sec also hits two public exchanges and all for bitcoin trading gem nine genesis and in January with charges raised to unregistered securities all that to locate and the rest is claimed to only share location with friends who plan to meet and people playing web three games are about them yeah no uh just a bit of fluff i guess not nothing sort of too uh outlandish now so we have some bloody wait for it jitters always jitters that's what it is pre-market jitters everyone just scared in eight thirties just the only news timing to obviously turn across our standard pair 8 3 10 next week looking ahead uh nothing really uh when's the next day that's got major sort of minutes okay what minutes coming in at what Wednesday Wednesday okay week from now we've got the minutes which probably just tells you that how important the Wednesday is in the grand scheme of things but other than Wednesday it'll say we're pretty much relaxed uh is there any holidays coming up for the market uh it's not February i haven't got school after i don't think there's any holidays coming up never know they might have invented some random uh the 20th there we go three days from now monday's close so that explains why there's not much activity yeah i had a feeling uh london london exchange it doesn't really matter if it's closing up but good morning uh again no holiday for london but again it does look like uh us is closed on monday so that'll be interesting it'll be a what a four-day week mentally for the market uh we probably expect china to move it if uh if anything but usually it would just be quiet over over the next three days so it looks like we have an extended holiday uh for the most part uh to be honest uh looks like china is not uh not joining the u.s in washington day made up one day this is at half is impartial trading or is it fully closed uh yeah it's fully closed okay so washington's birthday fully closed exchange leading into a three-day week weekend and long weekend that's nice yeah i guess yeah for a made-up holiday i guess that's nice i like that kind of looks quiet monday kind of looks quiet today are they setting up something yeah cool they are uh april's way we got major holidays but one exchange i mean u.s being down's always big just because that's when the duration of the volume come from uh into the market i mean of course china has this volume even though it's very much illegal but it's nice to know that we have another date of quietness coming in from monday it's always nice uh it's leading itself down again this is what you want to see if you want to be on the long side just shorts getting uh sort of stacked into these larger bed walls uh it's sort of showing sort of strength rather than it being sort of uh lungs that entered into here again we're looking for shorts to be stacked here this just means we're more likely to uh break upwards than we are to break down just because we can squeeze those shorts much easier uh as we sort of go along let's have a look at some old coins since we're running out of things to say uh start with ethereum i guess before people start complaining about oh yeah what about ethereum uh looks like we've created a nice little daily level uh we sort of broke finally that monthly uh took a took a metric plan to break it but we did that we even created a nice little four hours we've got a nice little offer zone now to actually there flipping the monthly is very important for ethereum uh if you can continue on this trajectory uh hopefully doesn't get captured here and uh and then decline off of this uh if you can break this again super important because uh it's just been stuck here for a really long time it's a very uh pivotal point for it if you can flip this you can move into sort of new arranges and potentially even find yourself back into the uh okay uh mark at some point no not in the near not recently but eventually you'll find yourself back into okay you just need to sort of get on this area here as long as it starts clearing this area we sort of start shifting to the higher sort of uh higher bound realms once we find ourselves on these higher bound realms we start looking a lot better than we have been in the past with ethereum so definitely keep your eye out see if you can hold above uh this sort of monthly uh sort of level if it can again it catches itself on here doesn't want to doesn't want to give you the retest or doesn't want to hold this area of whatever reason uh then it just sort of falls off inevitably back to sort of the 15 100 levels and you're sort of shouting interest like oh my god ethereum trash why not do something but that's pretty much ethereum again it's just i guess decided on what bitcoin ends up being today and bitcoin's just decided to whatever uh the es is doing for today against if it is nice flip stuff it can flip stuff but uh i don't think i mean let's see i think people are going to be trading scared today uh just because what it's an extended weekend and you got a Tuesday so we've got to do a lot of setup uh a lot of setup today and Tuesday for Wednesday minutes uh if everyone's or if everyone's trading scared Wednesday is probably when you want to reverse long uh if today falls uh looking at Solano uh again just found itself in a rock not hard place fell down to that resistance uh level after hitting the higher bound tier uh it's holding here again i think most coins will most coins will be at level of support just because they move and very nice together we discussed where the supports were yesterday and it's all up and low bounds uh it's nice to see it trading both sides uh sort of the extreme again it's got a lot more breathing space up top but then the day it's still sort of at something where this people would trade short for some reason uh but as long as you see that those short traders come in you're trading long uh it's basically just do the inverse of whatever retail does at this point i think most people will be entering into Somnelo shorts and see this one's a lot faster in sort of reclaiming ground but uh most people yeah will be likely to enter shorts because they see sort of live they see sort of recognizable patterns uh and uh uh uh right in doing so but uh a right in but they just want to believe this sort of works and enter short here and we already saw the break up on uh on big uh on bug map power this was majority short even on this sort of side here you sort of break that short usually they like to sort of break out long above here so we see if it leads into a break out long into decline as all the sort of holes here and trade short uh the majority of uh the climb there uh we can look for that to reverse it if we don't it'll just be a nice one and done sort of ah yeah this plays out because people entered long here they said oh yeah if we're not trading that flag there's a long break out here it supersedes that sort of flag pattern this is the most recent thing that we see and then they sort of uh get run up on and decline down that's the only sort of uh scenario where you do want to go short again when you see that run on uh short stops uh and the addition of breakout long in that we closely followed uh with sort of yes doing similar things uh if not the exact same thing which comes up runs up into this area here and sort of falls down much lower not much to add today uh don't expect it to be too loud today uh can go about 15 minutes but we'll wait for the 830s release then sort of uh see if there's any need to go uh add anything today uh let's sort of look at some things else gold finding its way down slowly but surely again what we expected uh what we wanted ever ever ever since ever since i was a young boy uh if all i wanted was gold to go down i don't know uh ever since we found ourselves on these fires at uh last week essentially uh looking at uh we were looking to say gold to go down and they slowly find its way down so again like i said should be a nice downward swing for a while we'll see how far they take it if they decide to double bottom at this at this junction here or continue back and then find the weekly all the way down here before sort of trying to reclaim higher ground uh just because the weekly was looking very much uh like you wanted to go down but we can still get upward swings even if we sort of look at again just looking at sort of where the volume was see where they're sort of capping that off here just catch that trading below you can see that here trading trading to it here but you can see the majority of volume they're just trading below the most part but you're looking at this you're seeing okay potential em uh here we'll see how far they go see how far they will want to lead it hopefully they go a bit lower then sort of then you can maybe expect to go higher after that but generally uh was first sort of start up again so it's very bearish sort of projections but hopefully we can get it and get something out of it on this swing uh or sort of reclaim higher grounds it's about some Microsoft corporations and they're just so close to so close to adding chat I mean they already have that beta function they already rolled up the what edge update that uh that's saying oh yeah you want to be part of chat gpt bing bing supremacy finally bing will no longer be a meme and then doing good uh I mean doing better in google at the very least I mean where we stand now it's not too bad you can see that it is sort of a nice little double top here you can see that so I've got that volume node here if we hold that area here we expect it to reverse off of that maybe sort of get out into here then reverse just dependent if we don't hold this you're looking for this sort of probably swing down a bit but more aggressively maybe down to the weekly one who knows we've got a lot of buffering here but generally it's not a bad investment being again so it's something that you can consider a little more long term just because it's I mean it was down I mean it was down now it's like I love going back up I mean it's a good company just to sort of have I mean it's much a major rise back up especially with the whole sort of chat gpt if only they get activation blizzard they just become unstoppable I think at this point like if they can get it and then here's what you go around like they'll be sort of the gaming division will finally have some profit to it which are they much needed a meta I think also a decent one you can see the gacha hopefully sort of they fill out again like I said ever since this we've been sort of looking at meta just because they have that sort of quest free announcement on the horizon I mean they already released a quest pro lineup and we've got that quest free coming up and we've already had those leaks sort of show and it'll be sort of very big for meta just just because it's a commercial stress of the best to hopefully translate some quest free for the most part just fill out these mainly if it can sort of fill out these maybe continue back up into some sort of trajectory upwards we're going to answer all the highs I think you can see how bad but it fell down but it's got back up again just some certain extent again not something bad to have just just doesn't general thing just I mean with this current sort of discounted price that we've got here I mean it's just not bad to have period just way on sort of better news for I mean sort of if you expect better days to be in the horizon we're getting a lot of companies now stepping into sort of exile or augmented reality and VRs reality as well as mixed glasses I mean apples entering into and so on and so forth but so it's starting to pick up some traction which is much needed for I think a meta as Oculus is Oculus value proposition second to nine I mean you just can't be there a lot of people just use it because it's a solid piece of care was sort of game library and sort of compatibility with PC so it's something to consider and looking at sort of the Oculus Pro and the potential of and the yeah and the potential leaks that are coming up for the Quest 3 you can see that they're improving it miles beyond what they need to so it should be sort of a major sort of release for them should expect some cells yeah should expect some sort of waters to sort of bob and weave and the cells numbers to sort of at least improve because hopefully this time they don't sell it out a lot or sell it at a very sort of value proposition to themselves so they don't lose too much money hopefully now it's just a lot easier to sort of swallow these sort of hard as well as those like 500 is budget now because I mean now what the PS PS VR game out is about what 550 as decent as it is it just doesn't have the game library that PC or even Oculus I stand alone has so that's why I'd say the matters are still something that you want to consider having I know a lot of people don't like the Zuckerberg but the homicide poor leadership side admit just from a pure technical point of view in terms of understanding the size just understanding the kit behind it and the technology behind it this is very good to say the least and that's a bit kind of going down a bit again just seeing those shorts here that's just drives it home that we're just building up shorts nothing sort of to outlandish seven minutes to get that person's drop we're building up in shorts the more we build down head of 830 more likely we are to sort of hit that on the other side and say just waiting for this thing down I can I can sit here and sign up seven minutes if that's that's what you guys need but again it should be as simple as if we go down 830 hits here we hit 830 here there's a lot of shorts that ended in here shorts and didn't hear we'll get squeezed out into there we start seeing a build up along I mean first step is obviously here second step is here if you start getting these longs and there's just to liquidate these shorts then we sort of curve that back down if you don't sort of come back into here and read sort of shorts just these sort of two places that you're looking for for today for the most part generally don't think too much of today it shouldn't be too I can't even say we'll be too explosive it should be it should have some magnitude behind today considering sort of we had next three days off it just depends if they want to save it for Tuesday or if they want to go explosive today ES is more of the same story again you're just looking for this carved here it doesn't hold here you're falling if it does hold here you're sort of trying to climb that back there's backup and just maybe even collecting just below uh let's sort of say like that but I'm not holding sort of this uh what we held here before and would be bearish for us other than that I think that's pretty much what I've got to say because I've got a rush to an appointment and it's um yeah I'm cutting it very close already but generally just sort of should be in decent hands you guys should know what you guys are doing uh it's nothing sort of too uh too foreign I mean if you guys don't know what you guys are doing watch old live streams like playing everything and it's just the same same same like five five different things that we do every day uh on the sensor and times look for double bottoms understand some volume traps and understand just doing the majority of the time just doing the opposite of what everyone else does uh so again that's been great as always I will catch you guys next week I hope that have a lovely day folks and enjoy the rest of the weekend peace