 good morning everybody welcome back to another stream so happy to be back after a couple of days off. I tried to come back yesterday I just let through because all the anesthesia just didn't wear off or not even anesthesia just also just getting adjusted to all the medicines that painkillers and so on they've been giving me but now I think I'm fine now but I'm fine to be coherent not going to be too overly sort of disorientated unlike the crypto market which took a massive plummet so interesting sort of to as unfortunate that I've been out had a sort of perfect short from from the Sunday which I had to let off on the Tuesday which is which was just heartening again I just didn't really trust myself to be in a state of well I have a position of having my mental faculties be up whilst was having so much money on the board so it's something you had to get off but if I mean if you had the short from Sunday you'd have kept that on I mean nine like nine times out of ten I know even have the ten times out of ten that would have stayed on if I if I didn't have that surgery on Tuesday so I mean it's life you can't really control what's when things gonna happen but it's just all of them all on the back end off of all that FDX sort of news oh partially or off the back end of the FDX news and there's this also other reasons to have that suggests this crash and look and see the markets trying to recover some of that liquidity now and and that would have been my first sort of suggestion looking at sort of this sort of capitulation pattern here and mainly because you're not really getting sort of too many sort of buyers and we're finally getting sort of what we're looking for in terms of changing characters not really a buy now if you didn't really buy off of this sort of structure here and we'll talk about that structure let's let's do that enough of this sort of what am I doing? Vamping? I guess vamping would be the right word for it. Let's sort of set everything up. There we go okay so we saw that sort of sell pressure and the reason why you maybe look at this to buy as you can see here this is sort of spot order book and you can see sort of the pressure that lies within the spot as you can see when people are selling so a lot of capture of that liquidity here and then you saw you saw even when you retest that you saw a little bit of buys so you saw people be antsy and say I'm not really buying I'm not I don't want to really buy this I don't want I want to sell this I want to sell sell panic panic panic panic get me out get me out so it's just kind of that sort of situation and I told people that okay it's not really a number target looking for you just looking for sort of behavioral patterns to see if this is a bottom I'm not because it's mostly going to be a fearful environment and that fearful environment will lead to sort of opportunities for people who are brave enough to take it again you can see minus 14k the spot Delta that's insane think about that's insane again usually we like to look for 2 to 4k and that's about it and then over here we're saying for 14k and looking at futures you can see that massive sort of deleveraging 80k almost 80k wiped out in terms of Delta wise also saw a whole lot of deleveraging and again it's the crypto market took our massive sort of plummet and we'll talk about this later if we go over to and look at sort of just the last couple of days and you see we were at that one trillion sort of market cap dominance and was slowly fell all the way to that I was lost essentially 200 million sort of in terms of the whole crypto market and we've been talking about sort of an event like this trying to take place and wanting wanting to take place for a very long time but just not necessarily doing it and then that's just a total sort of obliteration of the entire sort of crypto sort of ecosphere because crypto has been in a state where it's it's been there's too many projects it's it's where the 2000 dot com bubble was it's there's a lot of speculators there's not many products doing good things and there's not many sort of profit revenue things as an excess of liquidity and that's that there's an excess of liquidity was a lot of speculators into the markets and most of these coming from the stimulus checks and again the major benefit in the fisheries all those seamless checks were crypto currency and big tech and we saw big tech also enter into corrections as well so it's not again it's not exclusive to it to a dump on what you call it it's not an exclusive dump just purely fully purely for the sake of dumping it's it's crypto is not the only one that's feeling that burn and it does I mean it's at some levels you got to look at this and say hi I make it make sense that you are sort of looking at it and just saying oh yeah yeah things are happening here double checking my bit rate and everything okay yeah everything looks good as you can see I mean like the whole mst just took a steady dump and then it's is recovering but right now we want to really pay attention to sort of sort of red gold we want to pay attention to the Dixie because that's that's where we'll get sort of a bit of a lens into maybe what's happening today if we sort of look at sort of our references and from though some of these references would get something printed and hopefully we get something great and you want to look at high time frame you can see sort of that level breakout we saw that push down we're looking for we're looking for this to come down from here I mean but it's not sort of moving as intended where this goes up everything goes down we've been going down on this and everything's been going down with it but it's at a stage where we're sort of saying okay you know what this is this is sort of moving to sort of high leads and it's moving to high territories where we normally don't want to really see it so maybe we see that continue to come down and sort of touch itself a bit lower then we finally get sort of some corrective sort of territory we do have CPI today and we do expect the CPI to be lower I think it's lower forecasted we'll double check that before I sort of say that actually oh there we are we already ready to hit those? Did I miss the standard stream time? They said yeah okay oh yeah no oh that's this is why how else you see minus five now there we go I see you're back and well yeah I'm not exactly too well but oh yeah but I'm well enough and you know what it's great to be back great to be back so coinflation yeah like I said it's gonna be lower and then looks like we got that lower so that was that sort of whole push coin inflation rate lower it looks like numbers are doing great and then that's sort of another sort of drive and a measure so we saw that consumer confidence and again that's sort of rising that up I mean it's sort of a big pop coming in at 8.30 we always expect these news hits sort of just bleed off but nevertheless we already saw miles ahead this was sort of a buy model around here not necessary at this bottom because this could have and then this is always scary this part here but this part less so scary and you've been rewarded in doing so again no trading for three weeks for me until I'm sort of back into sort of like a fit and a fit as they can be as at least so just purely analyzing it the market so I mean I mean that puts me a bit of on the risk off side which is nice that means I can say things without meaning I'm checking off that means I don't need to put extra stress into anything or chasing anything I can just concentrate on helping you guys out when I look at you X we saw that sort of taper off and you saw wait for CPI BAM hit that heavy and it's just one of those things waiting for data we'll see fit this ends up being it's final nail in the coffin so that's something that we want to look out for you want to go lower actually for this goddamn and don't don't don't kid man this don't kid yeah as you can see just final push you sort of work the lows you sort of come in and taper these areas here and that's something you got look out for like if you're like ever flag trading you if you're playing the lows like this you're bullish if you're playing the highs like this and continue to play on the high side you're bearish it's just whatever side you work you do the opposite because you end up just building the opposite side liquidity and that's just like the long and short of like how to look out flags and I just always find those successful okay this works because this this and this flags won't work cuz oh yeah this we saw that we were high flags didn't work it broke down those people who saw the breakout flag got punished and so on and so forth using here not many not much liquidity everyone just got ran through and just that oh no what happens sort of territory entire market is pretty much on fire it's all like you if if yeah I mean if you lost some money yesterday or the day before I was definitely time to make a lot of money I think I need to start clearing out some of these lower time frame ideas actually don't think re-stream chat is coming up forward maybe as maybe you guys are just not talking because you guys are just so stunned by the state of things but here's that weekly level you saw it's coming all the volume was here anyway you can I mean been bought you could have bought in early off that area here or just waited for that just I just love these levels when I call them rain levels not after myself because they're raindrops raindrops all in on my instructions okay let's actually go back I'm like I said I'm gonna be a bit more lucid we saw again this is spread I don't have the full sort of data did you have some funds on FTX yeah I did badly I did it's one of the things you know it's nothing to cry about it depends on the person it's nothing to cry about for me but I mean it's it's it's sadness but at the same time I don't care like it's nothing I can't make back and you just gotta look at it as that you can make it back eventually and I proved myself consistent enough to say you know what whatever I lose I can slowly make it back as long as I just trust myself to do that I don't have the full sort of area of information but we always like talking about at least sort of this discovery on sort of how you can look at sort of bookmap spread you can see it work the highs that led it to the down of the day you can see it was working the loads it tried to buy again just fell don't know what happened here again just I've been getting random internet cuts or power cuts or just points where the computers just been asleep at the wheel if we look at it yeah we can see it and you can see that heavy bottom very heavy bottom so very heavy bottom and you saw that sort of yesterday spread I marked it out just just to demonstrate to you guys how it looks on a sort of a traditional chart you can see spread came in we work the highs you could have shorted any of these and you could have shorted below sort of this point the retest here you could have been long here or even here just scalp it back up to this double top or even been long here to scalp it back up to this soft top range and this is where you could have been long and you'd have tried to be out as soon as you can because it just felt most likely to have been stopped out here I don't go come pump can't dump without a pump exactly can't dump without a pump a pessimistic I love it but yeah it's just spread wise you can see it just comes in takes out all that liquidity and just pushes on damn man just a damn it just instantly shoots up but I mean it's it's buying up high just this is sort of moving into sort of a risk risk on territory you don't you don't want it to we always talk about in specially timing wise you don't really like where it's at especially considering you know what you know the funny thing ah no reason sort of like I should be standing up and streaming because the doctor said I shouldn't be sitting down because because the surgery was my on my lower back so I might end up popping my stitching but I can't feel anything I don't think I can feel some tingling but at the same time it's just nothing too major but I mean whenever I've been one to learn I wouldn't I've never been the one to sort of listen to instructions generated the generation bottoms in with a two millimeter week damn do you measure the week was it that long was finally getting some spot buyers as that's always nice I mean it's nice until we just not nice but it's not too bad having spot buyers it just shows this finally market participants other than the people who have been panic selling so that just shows we're getting there to the level of renewed interest but we're also coming to this point here and you saw how I marked I like marking these sort of volume nose out you can see how we came to that sort of point here and come up to this point here did you go to school did I go school as in like ever or did I go to school recently I don't go to school I'm not a school kid terms of support wise in these are sort of levels of marking out terms of looking out for just watching out you can see that buys coming in slowly here we want to undercut these buys ideally and you saw this sort of bigger walls and we talked about how when we have these walls entered especially if they stay for a long period of time take it easy to stay on your meds oh yeah you know what doxy gave me oxy cut what do they give me yeah they gave me codeine and I am happier oh never have I been happier when you're coding can make you feel this wonderful nah it goes hard if you want to look my brains are placed where like I can't like no matter how much medications there is I'll be slightly coherent and I can put two and two together at least I'll be slower that's that's I'll be I'll be as slow as I can but I mean I'm still I'm still now I'm not gonna be meant to be I can still do creations you can still you still fend for myself okay enough of this we talked about sort of this wall here and and how walls if they entered in this day for a long period of time they often nice reference points especially considering where this is in sort of relative position wise to everything else so if we come into here could be a nice sort of retest and that's something we may look for ah and as we go that they got rid of that so looks like that's nothing we want to ride home about and that's sort of what you're looking at with walls is his durations and if they're willing to stay and looks like that's not willing to say so this is becomes less of a higher sort of chance of this coming in looks like they wanted to come in and hug price higher sort of try a trap price so it could easily be a trap higher to then push down so that's something you worry for now so it's just that's how you sort of try it's it's mainly just looking at sort of and then trade psychology is that this is not cycle trade reaction and just saying okay the markets doing this to do what to do what to people so the people are reacting accordingly and no they're not so they would need to push higher we need to allow we need to allow for more leverage in the system but I mean it's been a mostly easy day I mean from this morning you can see this slow climb up it flush out that liquid see here just came to the V lab so yeah we do have these walls here so something maybe we tick to on the sort of higher base numbers I mean generally looking at how yes is coming up to this daily point anyway it's it's something that we are looking at something we're looking at to say you know what we have a small buffer area here maybe slowly run under this and doubt it can sustain itself for too long ideally looking for this area to maybe maybe see if you can print a flag here print something here depending on how and depending on the criteria is if we sort of trade on the high side we'll probably bring it down if we trade on the low side we'll probably sort of tune it up remember how I said prior game just trade the opposite as you can see that flag over here we came in printed a flag I mean that's like I mean it's pendant but we traded high essentially and pull down and you saw that retested it as well so game just maybe looking at it with that lens could give you that sort of thing looking at just pure daily you can see that sort of relative sort of relative to relevance it'll be that relative volume here very high on this sort of area versus the current sort of push up that we got so it's very soft skinny so maybe we get that chance to even spread that higher into these walls here because we don't really have too much sort of volume in this sort of pre-market area and now we're coming up to the actual market open but it's still not market open so we still have the ability to have a larger influx of volume and to sort of try correct it but generally we've been trading in this sort of range and we've been trading inside this into this volume area here so sort of 50% of that range and I think that'll be sort of ideal to mark that out just because I mean it's always nice there we go there we go 50% like I said I mean you can eyeball things and pretty much get them on point like so as you can see that 50% here so we'll probably spread this a bit higher that sort of tells us if we go to Bitcoin we'll probably get a bit higher out of it get that bit of last bit of squeeze out if we come into sort of looking at sort of this area here we can see that which is just the value lows currently here our maximum volume from the prior areas all the way at 19 150 which was ideal if in a normal sort of setting would have been our support ideally but it's again not living in an ideal world you can see that sort of heavy short offset that we already got rid of based off of this reaction here we just saw that a large cluster of flush of liquidity not too much volume but just a rather long sustained volume downwards so and there's not really one point to drive home about unless we're talking about this higher level point up here which is pretty high again we've lost a lot of money on the way down but that's just the way it had to be still I think with I think Salana's on its last hind legs because I think everyone knew that Salana was the major investor for not FTX was the major investor for Salana or at least in media and there's a lot of investments that are out of out of the water so a lot of money loss which is happy I want to see the crypto market reduced to at least a quarter of itself once we get a quarter of what the crypto market used to be we could then start focusing on like the projects that are good and then that's the way it needs to be or like a very good very good sort of environment none of this sort of BS like oh yeah we've got like 500 projects 5,000 projects yeah how many projects do we have 21,000 that's that's too much god damn that's a lot see this is what I mean like this is insane like this much this doesn't need to exist like guaranteed most of these are Ponzi's so I mean that's why we need some liquidity flashes we need and I think most of the sort of pricing has been due to sort of stimulus and if you start a look at that and I think and I think sort of without sort of the stimulus check I think Bitcoin would have been fading around this level so everything past this point would have been sort of new ground and you can see relativistic from here to here is it's not too far down and this will become a sort of our sort of true range I mean so you can see like we trade here would have been normal without sort of stimulus so this sort of flush here is just a great rule all that stimulus check from up above there and sort of pocket that so the government give you guys stimulus checks and you guys give it back to the rich well the government give you guys I don't mean I didn't get no stimulus which is which is very sad but at least I got it through dumb people but I mean and that's what it is it's just that's how money gets exchanged that's how you guys lose your money and guaranteed if the government gave you another stimulus check you guys will dump it back into the markets and be like and give it back to the richest people again and again and again it's like you guys are goddamn masochists theorem theorem looked a lot better and I said that on the discord before it was looking a lot better numbers were a lot more present it's just it's just one of the things where you look at it through here is theorem shot I don't know we're in theorem here we are cool where my candles no that's loading okay let it load we'll look at sort of the pops in the sort of lower time frame wise lower time frames thing we go all the way back so Monday I mean it was a little Sunday here coming back down we said this was a short and you can see that here you can see this sort of profile reactions and if anything let's see if I can sort of keep this hidden yeah I can okay that's so much better yeah I can I can hide the candles and just look at sort of this so we can see how we create that sort of point here this point here came in lower but more time spent and you can see we have these large volume dots where we absorbs and treat this as book map anyone wishing I can't be one of the masochists that's nice and you can see that final pop on Monday just coming in low and just creating that sort of maximum level where we traded to on the next day over which is which is always sort of an interesting point and you can see how they always leave sort of reference markers for themselves and and it's always nice to see it especially considering that most of these TPL stuff like that are very sort of an especially book map it's just so hard to record if you guys want I can share my share my sort of record recorded files wherever that is let's see because if you didn't know there is the option to record your data if you want to and the main thing to do is look for back back history data library it wouldn't be data library after double check where it is I think I think it's cached but you have storage if you use it because you can record your data and that's how you sort of do the what's called again do the replay modes and you can just open these files up and you can share these files around I just need to find where it is and you share the files around so those who don't have access to all that sort of data then you can just read through it and just study it in your own time that's that's a benefit because again data is expensive data is not something that's cheap there we're getting that large sort of buys coming in now so wherever you can get it from you guys are happy we should be happy there's sort of popping up into here you can see that sort of buys coming up it was short as well mixed up previous days sort of time spent is much higher you can see that all the way up here I mean we're happy if we stop here and these sort of stretches here but we've already sort of spent a lot of time here you can see but sort of printing large sort of single prints all the way up to the bank best case I think we don't I mean we can hope but generally seeing that sort of self-pressure already come in and I think right now it's probably better to look at sort of futures markets here my mouth is so dry and you can see future markets they're buying they're buying sort of heavy walls here I mean more directly over this is short but that's just a side effect of having the other bars visible now we see that sort of these long slowly coming above when we talked about potential to watch out for this as a short point so Ethereum is already in position to say it's retesting that bearishly so that's something that you'll not watch out for Bitcoin is coming back up to that work I mean it could have stopped here and would have been sort of happy on that downward swing but it's sort of just giving itself a nice sort of reset point which is also nice if you can sort of consolidate upwards maybe touch this and maybe go down lower maybe get a nice little double bottom who knows maybe stretch this out again people here like Wolverine they just like forget they forget pain I don't know like like a pimp trying to pimp flamp you so like here's the pimp slapping you here's him running a hot bath you forget all the all the pain he caused you just by that one act of kindness and you say I'll follow you I'll follow you to the the center of the earth I'll follow you and it just keeps going on you guys and you guys never learn or the market never learns either or one of you guys never learns again still not getting that volume so we'll probably see that maybe stretch higher and that stretch higher will lead into Bitcoin going a bit higher as well for bitcoins sort of support levels and we're in spot that spot is called futures they talked about sort of this sort of futures levels here's actually I think spot level would have been better at this point in time for longer term Nazis as you can see here this is where you have that sport wall here marked that out it's 14 5 2 2 very important it's sort of just marks that month very high level of monthly territory here then you have that low one out all the way at 6000 so this is back back when we had that 2017 all that sort of highest point consolidation you can see how we came to it here we see that bottom as well so you see this is sort of your true sort of a tunnel sort of range in terms of bottom wise this is your first point you can you have contention not really interested in any other point before then you see future doesn't even have data before then that's why we grabbed that from from the spot you want to overlay on here next wall down is obviously going to be your futures one at 10k so we have one about 14k so that's our first one then we have our actually we can mark that we are what did I say 14 5 2 2 there we go 14 5 2 2 it comes in Normans land here but we do have here then here and essentially oh I think that worked out nicely where it is basically 50% you can see how things just work out and when things start to work out you start seeing things work out like this then you start saying huh maybe it's not a coincidence maybe it's actually something to it so definitely could be a nice sort of point to say that's where your double bottom is get this sort of double bottom here it will come 50% of your future sort of volume you get that sort of pressure here people forget all about that pain it leads up to here comes back down and however they do it however they develop it they push it down I don't think we expect sort of price to come down today I did I don't think we might we might get it to hold uh and naturally today just purely based on whatever ES does I mean we're slowly coming to the point where we're seeing this sort of scary volume uh so we sort of need to sort of start letting up on that wheel if you're not in you're probably not going to push out uh what do you think of this month so far uh just a flash of liquidity nothing sort of too major to say about it uh just like a very very aggressive liquid flash theorem was a lot better as you can see it did still say within reason and that's something that I like I mean I liked uh and that's something you could have just traded like you can see how theorem came down here gave you an easy long bitcoin less so easy and I think even even prior like uh prior to sort of uh the very excessively excessive push down bitcoin had very didn't have much sort of in the way in the middle of here but sort of uh it did so uh in terms of uh theorem did have sort of volume here this all all of this have been no sort of new territory but it's just been developing its own price action so it's it's there's nothing you can say other than maybe wait this one out uh this could have easily just uh sort of traded inside here and just pushed out without sort of this liquid flush so I guess could have been sort of uh it's just an extra sort of this would have been the this is natural I guess you could say this is sort of the FTX addition to the party as they said you know what we're here miles of clean all that liquidity out and you saw that by coming here so we're sort of coming out to this point slowly moving to the area where these shorts are going to be trapped so that's maybe we if we don't push past it that means we're collecting uh shorts recollecting shorts here maybe dry price lower but you can always go up a bit higher then push it back down so looking at this sort of shape you see that sort of these buys that just managed to find itself in here but generally looking at sort of these bars were very much negative uh they've really much they've really added to their books on this side so they've made a lot of profits uh off of you you and I or whoever yeah regardless they made a lot of profits uh in terms of I mean overlook I mean it's just another normal day I guess another normal month there's nothing sort of too special uh I was reading this uh let's see uh let's see how change the monetary policies this is I actually know what I can't leave it in the I need to I'll leave I'll leave this in the crypto crypto channel chat in the discord for in the discord for book map as well as my youtube yeah you guys can have a read at that it's a pretty interesting sort of askal so definitely pick that up uh pretty nice sort of read but yeah we're moving into greener path and not really greener pastures we're moving into sort of territories where we should start capitalizing uh it's sort of if we're sort of looking at a range this is a push down this becomes our range low uh I don't think so again 45 225s around here it's like push down maybe this is where we get our spring uh at a later point so we get that automatic response consolidate push down bring in we're looking for some level of white coffee and uh sort of uh consolidation here so not really gonna treat this as uh as is uh because we've been waiting for like a monthly bottom I mean we're waiting for a monthly bottom in this region so we're in this sort of structure wise you can see this slow build up we've got that buy here that's slow build up from here just going down so that's all do we saw that divergence coming a mile away if we're sort of paying attention to it uh just taking that stops uh we're still we still have sort of leg room to consolidate downwards or even consolidate up to print some negative down but generally want some red prints try and push it down with some high volumes try push it down make it into a position to buy but generally it's it's moving in a place where it should be down and once we get that we get that capitalization coming in it's just in the state of I think anger now anger which should be turned into disbelief so you guys you guys have a couple of months if if like before you actually get a nice round round bottom but I mean the market's just winning it's done itself a huge favor and just got rid of a lot of things and it still can get rid of a lot more I mean this needs this number needs to half and half again and exchanges needs this needs to half half again there should only be one exchange I'm just uh that's called a monopoly we don't do monopolies here uh but no they they should be like a flash of that flash of equity should lead us to greener pastures I mean ES moving it's not really too bad it's like moving something new quarter upwards came back down we saw it on like we saw spine ES go up into here maybe we got a bit pushed down we expect December to be we're expecting December to be downwards anyway November it should play with it a bit maybe consolidate the rest of November then we push down into December and we see what we get there so in January we get have sort of a reset on the year out so because uh probably lead that to sort of marchish but I'm pretending to watch uh okay that's a large sort of I mean it's still sort of has that sort of potential to jump up here so you should be watching this we're watching this sort of liquidity come in we're all seeing that sort of spike as soon as we get that spike maybe we get that sort of drop down to go to the intro day so again we'll still keep everything on the normal uh not really sort of uh I mean we can't really give everything to normal there's sort of your age of consolidation it's pretty high up here I mean they spread all the way from London as your consolidation your bullish sort of retest comes in here like we mentioned prior uh and sort of bearishness would be when if we take our liquidity upwards we definitely pull it back down again if we hold here we hold here that's sort of your range high is anyway so we give that sort of that small buffer but here that's what you're looking for to be potentially bullish the bitcoin for today at the very least so I mean there's not too much to say other than that and I will be off I need to probably get rid yeah I gotta I gotta go go back to the dark to get my dressing fixed I mean there's I mean there was never too much to say anyway today tomorrow uh comments a lot more questions barrage me barrage me some questions make make it fun for me I don't know I'll catch you guys on the flip side thank you guys so much for coming enjoy the rest of your day have a lovely training session and be safe peace