 Good morning, everybody Welcome back to another stream. Hopefully you guys are doing great. Let's get started So interesting day yesterday, I mean One of the both sides from crypto and traditional markets alike Yes, sort of just held up. It's sort of end of the Sort of bargain yesterday. Just it kept decided to want to keep sort of price Availability is higher, which is very interesting to say the least and if we sort of look at it And it's it's not really a bad bit. We talked about sort of the daily with the years and how Yeah, there was a possibility There was price of staying up here and you can see that they sort of Figured that we talked about how prior to this it was pretty anorexic in terms of not too much Sort of volume being there, but instead they did really get and I really did achieve that Really high sort of volume and we can even see Using bookmap it's not really sort of low volume territory. It's high volume though And it's sort of by volume a bit less and it's a bit of a mix actually coming into this point You can see the when we're consulting uppers. We've got a lot of sales. So that was Something that you could have contributed to that sort of upward sort of push And that's sort of the only why I guess saving grace from that area here Looking at it if we sort of start drawing out We start drawing out this and just saying okay Look, we came back into here came into this territory. We're pretty high as it is But with achieving that sort of short area here We sort of had a sort of point here where we started getting increased increasingly amount of buyers and we now having a lot of sort of Shorts coming in saying this is the top day they proclaiming that would be such and that's where we start to get a bit Dice is just where you get People being very confident enough just to say, you know, I'm shorting here I'm shorting here and then these are low-layer up. So definitely just a short squeeze To be attributed to the upwards movement rather than too much of that sort of buying. So now Relative towards this buying we now have Some context, it's not necessary all buyers As you see some of these sort of red points here are people who are in short and you can see that sort of spring But it itself back up to that sort of support level of assistance level rather turn support Again a very interesting point So now sort of hanging around here, it's it's finding itself now it's again finding itself was Off the back end of that sort of heavy sort of short cluster We can see that heavy sort of short cluster getting sort of demolished as it is To be expected And sort of now trading as sort of high charge and you can see that sort of low cascade of Longs just entering into the markets. I don't want to circle I Want this there we go as you can see that sort of becomes our sort of daily sort of Spread and I think that needs to be a bit lower Nevertheless Rock the around the show when we talk about good solidations of From the pre-market as you can see that we've thought of bouncy at at some point by that's just Just giving a self the view out, but generally you can see this area here Which are coming back into and it makes sense that some exciting then Looking at how sort of exposed we are from the sort of long side Maybe a bit more higher to add into this but generally sort of starting to sort present itself as a sort of taper off to sort of push it down and Again, we talked about yesterday how maybe we expect Friday to be the risk-off territory where people Start taking off off the table And then start to take profits off sort of climbing and then sort of tricking people on that sort of Thursday sort of push higher So look at that. I mean, I mean, yeah, it is what it is. I mean in terms of pushes higher You're better off looking at sort of gold we talked about how gold Potentially we'll find that resistance here, but it found it bounce off it and just going for a run so definitely looking like It's something that we want to talk about look at Especially considering like you got that by it's here. No one really got a chance. No one bought back into the tier A lot of people went short just squeezed out that sort of short volume And he's just waiting for that CP CPI data. Just sort of push it up So we've got some headroom. I mean the law of headroom to play with is gold especially if we're considering Friday to be a bearish day for equities and people need something to run to and they'll probably run to of gold Must be spent on and off again, it's just because of the You surgery just been a lot of pain especially considering I stopped taking my Pain colors just cuz they just didn't make me feel so right Come on. Come on So, yeah, there was a really rough soul sleep because I mean it was a lot more pain than I realized It would be but it's not too much though. It's bearable Uh Let's go into Bitcoin Let's talk we talked about. Yes. Let's talk about Bitcoin. You can see we spiked it one two three times Uh, we talked about how maybe print a flag as you can see that's a flag here As your flag print there's your work high You could have shorted anywhere here And it came back to here and we don't really care about price action at this point. We care about 130 There we go 130 pulls itself high. It'll give the same thing and pulls back down. So Pretty sort of easy day. So you've got a nice little triple top. You've got a nice little time sort of Percentage before coming back into here where we truly wanted. So if this move back into here, you'd have been more happier You'd have been happier rather Uh But it eventually came to it just took ages to make sure that happened It's all look at that and um Yeah And the reasons uh, why we were looking at 130. Uh, again, just looking at new sort of pivots You can see here, uh, let's go with speech. We've got the again third year Bond auction And it's just looking at sort of timing. So you just used we just used timing to be our guys So 130 ends up being that guys and and that's sort of uh, pretty great That we can sort of accurately sort of say, okay, you know, well We see that news we can use that news to To our advantage because we want to be on the opposite usually on the opposite side of where the market is trading Time trader exactly time trader Uh, now we sort of look at sort of triple top and and why you'd want to enter into that and you can see Uh, the first break again is an exhaustion. You see that second break You got that sort of three touches within inside the single touch higher, but still sort of really sort of Super keen on on holding that territory I think it just might be due to that relative Relativistic nature of book map. So if we start zooming in more We can start getting a An accurate representation of of the potential volume then again, it's pretty much similar And as you see it the lower we get in price the more these walls have been coming and changing shape and And Get a multi book Create yourself a multi book. Yeah, I have a multi book. I just like bitcoin There we go There's multi book I can create or you mean create one for everything. It's just like, uh, you know what that sounds like more effort because then it's Binance is finance will always be king Looks horrible. Oh, yeah No, but that's just how bitcoin looks like, uh, nowadays Like bitcoin just looks like this nowadays. It's just like, uh, this is what it is It's just it's the side effects of it becoming into a lot of prices Bitcoin just looks uglier and uglier Yeah, add spot data to I don't know. Uh, so if you start adding spot data to a future data it starts messing with, uh It starts messing with your math So like the other point where futures and spot was as pretty as it can be now we have to deal with sort of this data But I think it's starting to uh, it's just starting. Yeah You just start have to Understand this more and it's starting to become no longer Cut and paste in terms of oh, yeah, this is so easy to read It's it's more now. Okay. I gotta put the you gotta put the work in like, okay It's this important. Is this not but the the patterns and the way you trade this are still the same. It's just the Presentation is not the same And it does make sense because we are at lower prices. That means there is more Uh, liquidity now available as in piece of people with their bots just like, oh, let's come online here But I mean alternatively you can just go to he map settings and start playing with the blur Because I I usually have it On manual so I can just like Configure it however I want to and start collecting stuff together to smooth it out, but I'm in person that Yeah, I mean right now that's not too bad. They usually like I like it pretty sort of low in terms of fidelity wise, but Generally, it's it's not a bad thing that it looks this ugly nowadays. It's it's more just A representation that soon it's it's it's gonna look more and more like sort of futures And it's gonna be more hugged together as they can get priced There's gonna be a lot more harder to read long-term trends And that that's that's just that side effect because long-term trends are much easier to read on crypto than it is on sort of uh Stock market with sort of order books But that's neither here. Uh, so So talk about that 130 as you can see comes in heavy sort of short Pulls up gives you a nice little triple top within that sort of double top territory Gives you one two three then pulls itself back. So again So sort of just fishing here and then fishing is just You have them reaching for bids just didn't get those buyers, but they got enough into sort of warrant a push back down A push back down leading into sort of consolidation over the course of that territory Uh, you can see where it falls in we came in lower. We're looking to come back into this Sort of high here and this is what we did. Uh, but we also created Excluding sort of this uh background here. We also create a nice little short little trap Came higher and came higher still so you could've entered in into either this or this one for a confirmation Because we came in higher defending that short area and trapping that trapping shorts, uh Here so each time it was a defend we were defending those shorts So it's a very easy sort of argument to make for higher prices So once we came down as you can see a very large sort of pop And I don't have last tragedy here, which is interesting last price There we go As you can see we came in slam pretty high Pretty high. So I mean it's relatively high volume. Not absolutely high volume. It's only three Yeah, I mean it just it saw that sort of insane Same rise Then back into consolidation and it's just like same thing again It's just like, okay, what are they choose choosing to achieve large sort of outside sort of structure trap sort of lungs here And we sort of pull that across we see where that center is and you can see there we go Pause it down and just starts trading to it and starts continually trading lower. So that's sort of your directional bias and Even without sort of bookmap you would have already been trading this sort of skeptically Uh short just purely based on the fact that I mean, yeah It's because it's not in the most stabeless position ever Even if you missed that you could have catched it on the next days You can see we revisited it here and you could just call it on this little flip side Okay, no problem. Take you a cup for coming. Anyway, enjoy the rest of your day, man. So you stay safe too Then you can see here where we create that sort of node here as well Uh, just create that node trade back into here. This now becomes our new trap level. So now we can safely say that 17 5 5 0 could be a point where we come to and trade bearish at least Oh, we could see that we just about missing that area now and we came to it Yeah, there we go We came to that here around that territory You can see we came back and added back to that long territory at that 17 500 level There we go All the way up until this point. So we created come back Sort of achieve that sort of marker here And uh, it's again instead of being an absolute sort of number of territory It's it's a range. So we see that range here We can see a lot of sort of longs just coming in and entering into the market Now we sort of spell sort of some level of danger Uh Now our heads just purely based on off of this sort of reaction reactions and uh Especially considering we haven't moved that much but we are causing a lot of sort of kafa holds within the long side So again, I know I know it's sort of keen to be bearish Uh, and it's like, uh, everyone's bearish, but I mean, it's it's not sort of too bad to be bearish How do you find trap traders that he mapped? Uh We can't find them but you can have an accurate sort of representation to know where they are It's just looking at sort of how price is moving Price tends to not want to uh so This here we already know that the reasoning on how to read this as trap traders because we've seen the numbers But another sort of we don't really need to see the numbers. We don't understand this as stop hunt It's a stop hunt. What happens is a recent liquidity Now we know that if there's a desire to keep below here There is there is sort of trap traders. There is trap traders. So we just titty here You can see the next one comes in lower Then they they're trapping more traders here And you can see that and they're just doing that to achieve that sort of stop on here And then the reverse is true So it's hard to sort of say where the trap traders will be but you can safely sort of Assume at at some level Where they're stops there are potential targets to take liquidity And then potential to trap traders And you just have to look at sort of behavioral patterns and and If there's a desire to move away from a level that means there are trap traders so if there's a very high point and uh easier still would be taking this low point here This is a low point here. You can see we moved away from this territory And kept this territory trapped and we came back and this came in a bit higher and we talked about how There's a lot of short volume here And we're keeping the short volume under to then pull up and squeezing squeeze it out Pretty easy sort of to tell volume, uh, oh where trap traders are without sort of using a heat map it's sort of more of a guesswork and and uh Uh, it's like a sort of uh In not less quantitative thing, it's just more of okay. I see something happening. It's sort of Just suggesting uh suggesting to me Uh, there's trap traders here and you won't always be absolutely certain. Uh, but Yeah, you can be sort of 98 percent sort of certain like trap traders Even if you just go in here and you know, uh, you don't need to grab if if it's a problem of running sort of software, you know, you can just grab volume profiles Uh, so like I say ass ass is a pretty lightweight software. You can just grab that and just grab deltas off that third eye action I don't make it. I don't mean to make it sound like that but because it's not it's just It's called intuition. That's what it's called intuition After after some after a while you guys have will have intuition as well. Yeah, there we go Uh, this is another simple way if it's a I know it requires a separate software, but this is free if it's an argument of sort of uh, either you can't run book map or you just can't Uh, uh, you just don't want to pay for it Again, you're prerogative Uh, this is free There you go. You can see that sort of long strapped here the next day We came in to liquidate those and you can see the shorts trapped here, but Neither here or there or you can just use sort of traditional sort of profiles and just look at sort of, uh This area here because you can see the time spent A lot of time spent here. You can see yesterday There's a lot of green Some sort of shorts here and there that we ran under and we've sort of pull in these sort of Candles back into this territory You can see that sort of long where we started having that trap that we saw on book map Same thing sort of displays itself here You can see that we came in lower because we saw this as a trap Same plain and simple Not too hard, uh, not not too easy just somewhere in between I guess Then you can see that bottom where we trapped shorts came back in trapped it more And then moved across And my stomach's killing me Maybe my stomach is just like my lutsides It's just like it's been in pain like I did not Maybe this is what I should take The most off of it is atas, uh 80as There you go At the top here Uh, shower link Yeah, sure. I'm at the support page Uh site atas, there we go atas.net And back into book map sort of now we sort of need to look at support reaction because we look at support reaction yesterday and it was uh It was sort of telling it's just a little sort of a lot of panic I mean the previous day you can see that sort of selling here. We talked about it prior Uh, so that uh lead off that has pretty sort of bullish, uh, if we're looking at this And then we finally got some buyers, uh re-entering to the markets We talked about the potential for them to come back here and also slightly higher at the 1800 level looks like we just didn't get there, but That's uh, that's neither here or there, but we can see that sort of those buyers Uh, sort of culminating at that sort of higher territory here And sort of trapping them, uh, and sort of engaging the reactions We're still having a lot of sort of buyers, uh willing to step back into the markets. Looks like they're very eager Uh, so maybe we see that sort of uh, uh sort of drop down and maybe that becomes a sort of nice Pushback down to uh, this sort of level maybe slightly higher at the 1800 700 1600 level Maybe you see that, uh, we'll see what happens But generally we're seeing a lot of sort of buyers eating up this quote-unquote tip Maybe we uh, drop drop that a bit further looking at things And uh, sort of matches with our sort of buyers from futures you can see we're heavy long We have a lot of sort of availability for liquid liquidity sort of drop it So it's something that you guys want to sort of uh, definitely watch out for Coming back full circle to yes, we'll see what it's doing now again We talked about how it's coming back into its range and it looks like it's very sort of uh spotty spotty here This is will probably be your only sort of uh saving grace for a potential Uh long as if we see if yes decides to run these sort of shorts At the beginning of the market open It'll sort of drag everything else with it Uh, it'll be a sort of spectacular thing, but it will be a fleeting sort of moment You sort of look at that to Uh say, oh, yeah, you know what they're just grabbing all those lungs, uh Out of the market Me shorts out the market and just going a haywire Going to clear the inventory out and pull it back down. That's pretty much all you expect it to do Uh, if we sort of look at This is bitcoin If you look at es and we sort of look at it, I mean we've got that weekly bounce here We've got a small sort of bounce here next sort of target. It's pretty high up A doubt we can hit that sort of high, but I mean it's it's sort of Dream This is it's a chance Because we know this isn't long. This is shorts and normally this would be all sort of lungs Especially considering that we took out stops So highly sort of irregular sort of price action I mean, we know the beginning of this was long But the end of this tapered into sort of very short territory and That's sort of the insight you get well whilst looking at sort of deltoid profiles and book mat As you can see the disparity, but now it's sort of coming in. This is a bit long We still have this heavy on board of shorts that are not fully out of the market So we can stretch that a bit higher We'll see how far we stretch that if we stretch that all the way to 14 150 maybe that becomes that nail in the coffin that we need But that's will be a pretty heavy sort of, uh, expectation A doubt we can reach that sort of, uh In any sort of capacity if we're really sort of thinking about it, maybe we sort of cap ourselves off a bit early Didn't change the color because that's sort of moving in line with something else And uh, surprise there we go. Uh, maybe we cup in a bit early a bit here that internal sort of, uh Number sort of level here Maybe, uh, you know, it'll be enough to sort of safe shape our sort of need to go higher And then we sort of see a pullback come in but generally I mean I'll be happy if it pulls back earlier, but we're just preparing for the case where he just does this Uh, but generally we want it to do this Uh, if that's the most ideal In terms of for longevity wise I guess you could say a nice little stop pan outside of range and push up but Again, it's gonna be a very, uh Wild sort of market, uh to be in so it's it's going to be very sort of Just all over the place so it can definitely sort of do whatever it wants That's something we have to prepare for And something we have to attribute Hey Raymond bankman freed can you, uh Later chart raindrops for uh, you stiku coin Uh for me for before sure sure Uh Usually when yes looks like this it squeezes hard. Can you draw a perfect curve from? Yeah, uh, yeah, definitely it's it's something that squeezes. That's why I it was worth mentioning from my side Uh When it sort of looks like this very sort of top heavy they usually clear out all the bats Uh, so that's something it's worth mentioning for those new people, but it's not a hundred percent and because remember only sift deals in absolute so definitely a sort of uh Consider an option, but don't consider it a hundred percent because nothing is hundred percent let's see Am I am I getting am I getting for a ride Greg? God damn You're funny aren't you you're a funny guy I have to tell you because I'm not even too sure anymore Absolutely hilarious Are you tough? Okay, I'm gonna have to run watch Uh, they actually making stuff up And you notice it going like I actually saw Like, uh, stop messing with my mind. I'm already sort of Not all there. Okay You Don't whine me up How do I keep falling for your tricks? Absolutely Ellen, that's what you are Okay, can we can we be serious? Uh, so serious notes. Um, I mean it's still sort of heavy lungs. It's still sort of uh, Territorious, uh bitcoin. I mean, I don't think it has to move Yes, but yes wants to be at a place where bitcoin doesn't necessarily want to be at So it might sort of cause uh, some trouble here and there Uh What do you mean it doesn't exist look it doesn't exist. I look for it KZ Chili's Let's go to it later But I can't give me give me the link for the ticker Give me the coin market cap link for the ticker and I will try it for you. Okay, hold hard idly If you're being serious, I'm being serious Same same I was talking about Ethereum whilst Gregory's decides to either not troll me or troll me. I don't know anymore Uh, we talked about the bounce out one, uh One one by five it was a lot easier than bitcoin in terms of uh identifying it and it stayed more internal It stayed a lot stronger, but then again, like there's a sort of half me that doesn't really expect Ethereum to hit its all-time lows again just purely based on the fact that uh The only really when they just sort of take a sort of liquidity out and it's just it just doesn't really need to be there I mean It wouldn't be bad if you can get it back out there could be nice to buy that low again because I mean when can you get when's chance Yeah, you got it wrong Why is it ccx then why is it not zx cx Damn it zx See you are trolling me for longest On the actually on purpose you look at his message and says, you know what? I'm not gonna correct him. He's saying He's saying czx. I want to let him do that for a couple of a couple of minutes longer Oh, damn it. Greg This this is why we can't be friends Uh, were you specifically looking out for this? Let's see. Monty sort of not too much information What can my dog make typho? I was fine then I don't know if it's what I thought you were trolling me Now we know you're not What would I do? Okay, so one weekly just got a couple sort of range highs here. Let's see what dili's got He's got a couple man. This is not not too bad We've got some support now finally on sort of uh any sort of timeframe for this Just around here. So it looks like we're currently at sort of a metric where we'd call it a support So yeah, there we go Not too bad in terms of sort of volume wise first day came in very heavy came in long Very tight Now it's trading internally Uh, we we want to see it hold it But I don't think it might just look to undercut this and start trading a bit lower Just looking at sort of the sort of necessity of that sort of volume might sort of reject off of that Maybe we'll look at that If you can sort of get it bouncing here, you could definitely consider it along But I don't think it does that yet We'll see lower timeframes Nice incoming volume Oh, nice. Yeah, nice incoming cell volume, I guess Yeah, even on the fall you can see that sort of coming to a plateau here Especially if it catches itself here I could definitely look for it to just start looking to trade down take out that liquidity Maybe trade around here But for bullishness you're looking to flip this level and then you're sort of fine on on that They're probably probably reach out a bit higher. So Definitely look at those numbers and start looking for reactions, uh accordingly Anything else you want for me, Greg? Before you get distracted, uh, it's pretty interesting. I mean pretty much trades the same but trading higher uh, but that's sort of Scary because we're just trading just above this sort of range here We could definitely look for it to undercut and again, that'll sort of undercut all the odds Okay, since I have your permission to carry on I shall carry on Uh Sort of that's sort of where you want to start looking at Uh, sort of volume and see are we sort of are we heavy long if we're heavy long then that's scary If we're not then that means okay, you know what we're just consolidating a high We definitely spike it But we're pretty heavy long. So I don't think we spike anything yet So maybe it's sort of a pre-market jitters where we sort of pull ourselves down Uh On sort of Bitcoin and Ethereum Uh, and the sort of all coins in general and we sort of pause this Uh, kafa where then we snap up higher create some whipsaw and then we sort of then move on from there Because looking at the sort of things there are a lot of disparities and we talked about that disparity Between what one thing wants to do and it versus another so once we get that sort of market open we can maybe say Uh, they want to move together after sort of some Out of sync movements But generally, uh One looks bullish one looks bearish This that's the safest way to put it but They usually want to be together. So, uh, that's something that you want to take into account if one if yes starts moving ahead and bitcoin slowly slowly, uh, move down and then It's sort of stagnant. You you're probably looking to buy that at some points because it'll probably a Rebound with uh, yes at some point. That's something that you want to look for Yeah, because that usually does happen I mean other than that that's that's pretty much all she wrote Uh, I hope to catch you guys, uh on a monday. I have to go now. I'm not in like I said A miracle that I'm even streaming now because I'm actually I should be in bed Should be in bed with a bunch of old dean in my system, but I'm not Uh, but so I've reached the Sort of threshold of my pain for today I'll catch you guys monday. Hopefully a lot more better. Hopefully you guys trade safe. Uh, again look out for those Uh Weird sort of price action that we might meet up Uh, yes might pull itself over again. It's not getting more ideal case for everything in terms of market wise So be careful. If it does do that, it will drag everything up around The only thing that's probably really good today is probably gold. I'll definitely keep that sort of uh on that Uh Other than that have a lovely day folks and I will catch you guys monday. Peace