 Hello guys, welcome back to another stream. Hope you guys are doing great Pretty surprising yesterday Pretty much just do all expectations out the window. I mean from Bitcoin Spy and yes did exactly what we wanted yesterday. I mean did nothing in terms of surprising us but Bitcoin well completely came out of left field and just I just go Walls deep I guess just just full send the best Best way to describe it So let's just go yes. I mean yesterday. We only really looked at this and on normally and just said, you know what? Looks pretty suspicious You probably want to be on the long side. That's the only that's what we really care about And we can see the set up from when we left off. I mean Into the setup So we came in we saw this wall. We're like, oh, yeah, cool. This wall probably will hit then we're like, oh, no They ended up removing the wall at the end of the day So when they ended up pushing down deeper, but again, it still came in the right time around sort of thus was This was what 945 Oh 945 then 10 o'clock came in here 10 then you're like, okay, cool. They dig deep they sold into this but they were just fishing for sort of trades They could just grab out of this sort of bag here. That's pretty much we could what you could call it They're from there. It was just a matter of lining this up with spy. So spy was sort of In its source and it sort of throw away. It was just like, okay gap down So you had a large gap here from spy from here to here You're just looking to fill that in and you're just matching two and two together with that sort of fill in Other than that You just had the direction which is high and you sort of had in terms of with spy some Semblance of where you'd like to sell but not too much as You'd want to sell here, but other than that There wasn't really a clear point to sell up higher especially like I mean all things considered you did have those walls here was This Bitcoin spot, but it's just like, okay spines are just coming in you're closing here Like oh, yes, that's fine. Nothing's gonna end up happening Too bad. I mean if you're going to future you can see same thing here. She's like, okay It's just not many sort of long. There's not many other locations, but same time It came in came in. We sort of saw that okay It's coming here, but still it would be a nice sort of opportunity to sort of sell here and just like missed entirety of this which is Kind of just like off It is what it is and they I mean So you just wait for it. There's your one. There's your two that you three So you sold early now. You're just like trying your best not to give back Any money that you made and that's the whole plan like if that's like if you're early like you came in here You sold here because that's where the market closed Now it's just a waiting game to come back in so you go one two three you count that now it's like okay now you have A chance to come back in not a perfect chance, but you have a chance So After that now we're coming into the current sort of market conditions here There you go. We've got sort of a barrier here where we created a nice little sort of ceiling for ourselves That ceiling being sort of this area here where you got these sort of long sort of popping out and this is where sort of price shifted long So now you got to see this as your resistance. Of course it being 30k So again, of course, that's where most people either come in or sell Uh, do you see that sort of nice even numbers like oh, yeah 30k. I want to I want to buy I want to see that continue So you got to look at it from the sense that okay if you just look at the breaking the Current section here There you go again a lot of sort of shorts coming in here a lot of sort of selling But that's sort of at this point here. You can see how they got cut here. They got cut here Then they got sort of liquidated sort of here So you got a lot of sort of liquidations already coming in taking effect. But again, you see that sort of selling here or shorts Tending on who you ask So we're still seeing a lot of selling so we might sort of drive itself a bit higher again, we already have it set up to go at least to 30 500 at the worst case best case depending on who you ask but generally you can see that You do have this induced selling So we have Some sort of sentence if we need to shake it off Try and Shake it off here Grab out the stops that are placed here At this sort of level if we need if need be If you go and look at sort of where everything sort of end up spawning I was chart wise. You can see Monday came in. We already sort of smashed it with Tuesday Already sort of working the highs and retested that range here Now it's sort of coming back and you can see how we're sort of completing things very sort of Very sort of evenly you can see that I just came in touch this up here But we also came in and sort of closed Closed around here. You can see this is where the keeping volume shot very tight Around that came up. You can see this or we already know that that's the start of this sort of Large shelf that we thought the source or ceiling Describe where you have your lungs sort of coming in here And this just tapers off as we're sort of going higher But generally if you're looking for price to come down you're sort of wanting price to go higher and I know It does seem quantitative to most but again if you're not familiar Around these parts Pretty much what we do every day In terms of news again Tuesday is a pretty quiet day. I got Speakers coming at four o'clock. That's just more close pretty much Uh, but other than you don't have too much coming in So it's going to be another sort of pure Little price action day. I mean say it was meant to be purely price action, but ended up getting in monkey's business. I mean If we compare it to what spines are doing and what we wanted from spy just Just easy like this this was so there was no no sort of difficulty here came in Opened opened here gap down Came in here continued high closed off this Then just went for the last reach around here And probably going up Already looking to gap up into sort of just slightly higher so you can see This is what we're looking for bitcoin, but instead we just got Well monkey's business really Where if we line up going to together and see where we'd want to sell and what about There we go Let's sort of line this This you can see how it came in we opened. There's your open nice little 10 of 9 30 coming in here 10 o'clock coming in here Then we sort of started just moving higher Then there's your retest from spy. You can see that Came in big deep into this part or change back to that 50% of that bar There was your nice little entry if you miss If you didn't want to come into this mess here, I wouldn't blame you And now you know that's your entry for this you can see that came in retested the top of this here Then off it goes On its merry way if you start into a lot of sell and again it sort of tapered off you see how As this was sort of encroaching a bit higher and higher this was consolidating then pre-market came in Still decided to go a bit higher then market closed Then you just see Bitcoin take it the rest of the way and continue much higher, but You can see how we sort of matched things even though that it didn't sort of meet the expectations of just coming in taking out stops finishing itself here It was in the direction that we wanted We just got adjusted to that in terms of What we ended up getting So you just end up adjusting where you end up selling rather than selling much sooner. You're like, okay, let me sell Instead of selling 25 percent here. Let me sell 10 percent Let me sell 25 percent here or however much you end up selling like oh you end up waiting Then you like oh keep carrying on and you just slowly slowly sell out until you sort of hit that market there In terms of getting out. Yeah triple tap on the top. That's a nice point to get out. It's just like Sure, if you end up continue going up higher You do end up missing out on quite a bit, but at the end of the day, it's Should have made a decent feeling off here to here that you shouldn't really care about if price goes higher That's that's a big if And again, the most likely scenario is price going to Go down for the most part. It's just how it ends up doing it We know that UK is a big barrier Barrier for entry. So a lot of people Are going to try and play here and get sort of killed So We're just waiting for them to do that We already know that there's a lot of sort of offset of loans coming in here and you'll sort of see that On the future market again, there we go that Rise sort of end up being supported here. I can see they Push price higher added a wall for us I think people buy Again, it's not so working too great in the favor So we're looking for them To try and liquidate and again this trying to get rid of these shorts and that's the main Main sort of thing about going higher especially right now is if people go into short shorts this early and ignore sort of the blatant sort of Well the blatant attempt at trying to fish for a fish make make them sort of Fish and just catch them out Then price will end up going higher Try and get rid of these Shorts until they go longer. They'll probably go long around here. They say oh, yeah breakout whatever however, they describe it then Maybe that will be the driving factor for us to push us down It'll be interesting to see what we end up doing today. Remember Monday and Tuesday should just build our Wednesday picture And again, this is just looking like a pristine short for Wednesday if anything Uh, if we end up hanging around on the sort of high side Draw the developing Developing range as well We can sort of draw the developing low is I mean existing and the developing range. Yes Yes, uh, shorted pre-market then went long perfect day I didn't short the pre-market. I mean You can probably get too much. I mean, yeah, if you did it you did it, uh, but Uh, it was again just sort of coming in for spy Uh, didn't again like I say most things you don't need to get the uh, number right You just need to get a direction right Uh It just simplifies trading Thinks so much like uh, I don't care where what number it hits Am I do I get the direction right? Yeah, okay. That's all that matters Direction and entry I know it's going to go up. I just don't know how much it's going to go up by And then today doesn't matter Uh, so this is 50% of Monday's range. Uh, sort of pay attention to that that is what Uh, basically 2900, uh I'm just pretty hot Then we sort of draw out the developing Uh Developing weekly, which is the Monday and Tuesday. So that's this a little one here. We should make it a little less, uh, visible So we're already coming in we're already sort of building then Developing high and low A lot of things people forget about This will end up being our weekly sort of range and again, we're pretty pretty much pushing it high Uh, but kind of for Tuesday is trade where I've already retested the uh Monday's high. So it's it's sort of Decent to say we can probably push this a bit further higher Uh, we're sort of looking I mean, we already know we've got shorts here We've got a lot more shorts than we do have longs a lot of people are selling So now we need to get those sellers back into being buyers to try and make them trapped and the only way to do that is push market up higher we've got We've got pretty free reign to push up higher as Sure, we have a nice little long shelf here, but it's not Nearly as much as the amount of sort of longs that we've entered in But that's not really too much to say today. Uh, what's the likelihood of price continuing and repping and tearing I would say middling to very low Uh, if it does continue again, it just starts building a cause for, uh The Call for Wednesday again, we have Very much stacked Wednesday if we go into Wednesday, we can see we've got the core inflation and everything's going to be waiting for that We are the forecasted. So if that increases drastically, we're gonna Look pretty scary. Uh We also have the Fed minutes again, uh Coming in at two Then on Thursday, we have a further follow-up which PPI everyone's going to be waiting on this as well So we do have a very sort of stack Uh, two days coming tomorrow and Thursday. So those are what really matter And those those Numbers will affect, uh, where we end up trading and if we already look at where spy is trading it's already sort of gacking There's not too much. It's just going from from here to here essentially doing nothing. So We're gonna we have to see this open. We see if they drag it a bit further and then they pull it back down If they start pulling back down, they just move back into range just that it just becomes very sort of Okay Up in the arms are like coming back here. They sort of move from one to the other then push down Could could But if they start pushing up higher grabbing up these highs here taking out these stops uh slots placed here again, you'll sort of Drag Wednesdays, uh and make it a lot more enticing Because we do have a lot of sort of points to come in and stop at stop at or Be very large drop If we end up planning that Then we've already sort of come in and shown a sort of strength here. You can see the volume on the uh tops being very relatively weak considering And whereas these shorts coming in at these tops here again People say but they buy retest, but are they really buying if they're selling here? Uh Maybe we can even put it out There we go. You can see the increase in shorts coming in As the retest and the double bottom comes up. Uh, so You can see very much Very much always a lie You can see when patterns work. They only work when people do uh talk full The majority of the traders don't follow the patterns They work when they do When they don't work, which is the majority of the time is when everyone believes them to work Uh, so again, we might expect price to continue up a bit higher See if it meets up here or just for the stops here Then from there see if it comes back down If it wants to come back down on the day, I'll probably come back down into here Don't think it pushes itself too much again. We're trying to plan for a short Wednesday Uh, and we'll only get that if uh, sort of hanging around Above here without really going too too down Uh, I mean if we did end up pushing today very aggressively it would need, uh, the appropriate sort of retracement back Before Wednesday could set up for a short Uh, because again, it's uh It's all about trapping uh As much as volume as you possibly humanly can Uh before a major news event So if we are looking like we're trapping longs and we See on bookmark that we're trapping longs Then it's building up for a bigger drop Just in case you don't make it to tomorrow's stream. It's just uh In the uh, yeah Give me note this. Yeah, it's uh, the registered shorts There we go Short volume, you know, because everything has to be registered. Uh, there we go Here's that Connection shields requires brooks the uncertainty advice also horrible stops Before and executing a short sale and entry There you go. You see everything because it's a stock market I remember everything is on the up and up and unless you got back doors It would just show you a retail trader's drawing and that's what we really care about because you don't care about anything else Those retail traders are other people that feed us Keep breaking things How do I keep breaking? Just don't understand. I don't care anymore. You know, also look at options as well Uh, there you go. You know, also look at expiry I would not do that far ahead. We're doing till Uh, we do a lot closer Jan We can see what's going to expire because he got a bunch of sort of uh Uh expiry, uh halls 11th of april Seriously, oh that's today. Uh, no Hey, here's this day. Oh hell, yeah uh That ends up nicely. Uh tomorrow and today you got a lot of sort of loans. So you want to be below here to ideally uh Yeah solo Yeah, that guy's just just laughing at the bank at this moment So you basically got in here. We're not coming back here. So he's not going to be underwater Uh, now it's just about keeping these guys underwater, which is that 407 So we want to be below here. Uh before the execute on the jump Uh, so again, sort of builds up a nice picture Uh, that's where sort of put them quite maximum pain is again We just want to be underwater and these ones you've got these Uh, you've got to expire And they need to sort of if you want to be underwater Go be one way or the other Large large calls expiry on me Very interesting Basically came in today. It's like a lot of That's gonna be So that's that looks like that's June and july are going to be just pump pump central these guys are gonna Actually That's Jesus. That's crazy. No I doubt they're going to come into Interprobation this 410, but that's watching options every night again But it's something you don't need to pay attention to Again a fun day restriction Coming back to the actual charts, uh, you can see it's just the walling out. You got you got your bias guy on these points here The conditions for you to get higher, but these cells are right down up there most of the volume comes straight here Got a lot of cells. We want to get rid of those cells. How do we do that? We go higher Uh, we've got expiries coming out today. We need to get rid of those. How do we do that? We go lower We ideally want to be lower Day to try and make those Uh, it's higher. I mean unless those were being bed Uh Cash, so we need to go higher so but Either all your calls and reactions and those will sort of sell back to the market. So we're going down anyway It's just how far will And when will we go down? Again, looking at the bills up here. You're looking for a price to come down at least like this for most of us Getting strike it up a bit higher get rid of all the shorts If we can't if we sort of start stagnating like this, it'll sort of rub a bound Like we always talk about that. It's just like if sort of pulling and Teething ourselves Down it just always looks bad for us Or the uh with the other side that we're looking at If you look at all coins, I mean, I don't think they had too much success Coming in here You can look at Ethereum again just didn't really move too much Much safer sort of trading. So you just came in there's just a while long This way end up pushing off off spring boarding And there's just sort of high and just comes back to this sort Area here and adds a volume to it Look at that on the hour Go you can see where it starts add volume But generally doesn't move as much as a bit coin is where You would look at the retest that we had bitcoin Other than that Where would it go now? I mean it is looking pretty high, but you can see it's just quite these sort of bell bottoms As it is as it is with bitcoin Just these areas here You want to see price like try and Take these guys out at some point if it looks uh Strong slash weak depending on who you ask then You want to push it down We'll look at a lot, but we'll coin see if they're matching up and lining up to sentiment You can see Adam's always one two sort of print out sort of dumb numbers Like doing this sort of chart just sort of a straight and narrow up You can see that straight narrow up. It's just a nice little channel I can see that a lot of people will look for this to sort of fall out and shortly here, but If it does Again has a bit more Sort of range sort of push up So we've got price added So like with bitcoin and ethereum, it also has a secondary sort of Area that you can push up to if need be to try and catch out a lot of people But generally this just looks like uh, they're just squeezing out shorts Every chance they get try to make people go along and at some point they'll end up reversing this So it does sort of bode well for us Same thing was a vex just very large sort of flush liquidity. So if you've got Wouldn't expect anyone to be in here. I mean, you can see how they just came back ruthlessly just Yes, amazing everyone. So if you came in here, you're happy. You're like, oh, your price is going up. Oh, no, what happened? It happened Uh, but up they go up they go. Uh, it's already sort of targeted these guys here It's it's got sort of room. I mean you got your triple top. So he's got room sort of consolidate a bit before it actually commits to anything So, yeah, it's another sort of weird one So I mean in the grand scheme of things again, it's another triple top within the short term. It's a triple top So you can definitely sort of call it a bit If sort of pushes higher, there's your two levels that he has a bit higher. I think it was Target no longer These sort of areas here where we'd get breakout traders Uh, so that's where breakout traders why do you like to come back into the market at sort of 18.5? Like they like even numbers. They like keeping things simple They can't count past a certain point So look at dot now. Let's see if it sort of lines up again sort Coming to it it has uh, it's already created a nice area for it to say this is nice little short area But it has the secondary area here like with Ethereum and Bitcoin So you can see that it has that potentially build up higher if it need if need be before pushing down Already at this sort of weekly high here. So if we come down could uh, sort Push down very aggressively See where we're looking So we're coming out again Coming from pretty low Uh Look what it is ourselves. Now. We're just sort of hitting into this shelf here and then If we can't freak it we go down Let me sort of look though to either holds here holds here Then that might be our saving grace Go up higher if you don't have our saving grace Again, you can see how most of that move, uh, yesterday was just Bitcoin nothing sort of, uh, too Major coming out from the alt coins. It was most of the money just went into Bitcoin nothing So alt coins too far away from their origin Solana, I mean It never really did recover but I mean it's slowly making its way back down back up I say I mean But When all the way seven, I mean if you go to seven you're laughing But it's sort of holding itself here. You can see again It's a lot more bearish than everything else. I mean it ideally would like to come down and think that'll be Sort of where you're looking for it Uh, unless it decides to push itself, uh Like the highest ends of the earth, uh, I don't I don't think it was Or higher Again, all your troubles is coming. Uh, it's uh, how we're sort of Preparating the sort of uh Remarket, you can see how we're coming in very sort of setting. So you probably might have that springboard a bit And if it's springboards and takes out a high That could be good for us, but if it ends up pre-test Re-testing lower like it did here, I could then just continue up high and just create a lot more issues Let me catch a half Ten make streams come true. Yeah It does it does make some things easier. I mean Yeah, if we sort of look out where Yes, it's coming in again, you can see it already felt cleared out some bats up top as well We could look decent. I mean you can see how these clothes are nice matched But again, we sort of came in so closed off that gap just never what we really want to want Uh out of a long picture So we could definitely see this open and just hammer fist everything into the earth Uh spy already is looking To come down and it's not it's already Not looking like it wants to gap up anymore. So Again, we're sort of coming in we're sort of pushing itself down. It does look like down down. It's where we're motioning Uh now it comes to the point where how far Do we go down today? Do we just come in kiss this sort of area here and just sort of touch this First area point here and from there we sort of push Because again this area is starting to become very sort of heavy short. So we need to factor it out Uh, if we're looking for a long Long, I mean a short wednesday And again, I don't know why my bias is short for wednesday. Uh, it just is Therefore dead traditional Uh, we'll see what needs to take Ha ha ha Oh no Oh no, it's almost like Elon Musk is not a great Business owner Who would have knew? Oh no Okay, let's see. Let's see Choose a stock set up looking wobbly ahead of a mega consumer price data that could firm up or lose growing consensus for a fed break height next month Yeah, like I said tomorrow's a very important day We already know that an additional interest rate arrives may serve server to entice More investors into the money market bugs Invest invest that may Investments that may have or otherwise gone to bonds or stocks. We don't want it to go to bonds. No, don't do that Uh, that brings us to the call of the day The L's assets. I don't care what you say Because then just beat down the once public investment strategy I'll always beat down Good reason, uh, blah blah blah 2% analyze 40% bonds. Okay You guys can look at the 60 40 in your own time It looks very mixed. I wouldn't trust it Yeah, I wouldn't trust it. I mean I wouldn't trust anything people Get on the news because again, you can you can just pay them like How do you think all the crypto bros got verified during the crypto craze? They just paid market watch they paid journalists for news endorsements and like Look at me. Look at me. Uh, so anything you see, uh on news outlets is paid for so Just do just do the opposite Uh, we're coming back up. It looks like we're going up high which is good Which is what we want to remember. We want we don't want the pre-market to be long We don't want the pre-market to be short if we want to be bearish today It makes the most logical sense if we retrace some and at least From that retracement then push up higher Because again the more the more high we go higher we go without going down The more more like brittle glass we get Actually quiet Yeah, let's just go. I mean the higher we go the better because then we just collapse And collapse are great because they create mass panic But if you're looking at it from the sense of just perseverance in terms of having a good chart, uh We want to go lower today, uh, but Before we can go lower before we can achieve that We want to clear out the shorts that ended up coming in out on these sort of bottoms because If we don't clear them out when we go down these become profitable. That's not what we want If we end up stacking too much in the way of shorts here, uh, it end up just going up higher Just grab these tops Once grab them then we can sort of make cases for that down as push Hmm I don't know. I think I can be honest today. I don't think anything will surprise me Yet And we'll change anything in terms of uh Terms of where I want it. Let's see. I mean gold contracts down Look at gold then before we close off has been a while Last sort of sentiment was price going higher and it did end up going higher Uh, it did end up pushing up unnaturally. I mean we wanted it come down. We want it to go down long term Still within it's still within sort of territory is coming, but it's just been playing Ever since sort of the markets just been looking wonky uh So I'm in coming in here. I can see that double bottom from there. She's like, uh Of the pedal we've got that short from there. We're happy if you want to grab long you go grab long again mist trades mist trades I was just waiting for a reentry back into a short In it's still within error margin of error in terms of coming in from this sort of large structure You can see sort of this push This sort of bigger push here Coming in from this point here, we can sort of collect this into a large little m here Uh, I'm gonna even connect it through here There we go Why not this larger one like this again nice little m but complete it as your w end up completing which ends up Searching for an m we need that m to come into fruition either the short for m here Or the bigger longer one here So again, that's sort of where we can making cases like downwards. So maybe we see Everything be fine and dandy come June when we have that large little cool Other than that Not really too much As your weekly for spy you can see how we're just within within three large weeklies Uh coming in Still see that we're in Two months. These those are I mean weekly is those are monthly here Got your dark dark full volume too much mind, but in here you can see Within this weekly we're inside this That's This is your dailies that were arranged we're in And we're sort of already sort of capping in here. So again This is a spread of a range we're sort of looking at. There's a high there's a low If as long as it sort of holds these areas, but it's sort of fine within these sort of parameters 50% would have lied Round here. So we're already sort of looking Target Just a bit higher So it does make sense to try and pull ourselves a bit further down if we want to come in this would be our bottom essentially We hold this bottom then then look up But yeah, I don't know it's up going around circles and saying what I've already said a million times. I think Uh, everything that I wanted to say has been said Uh Should be an interesting day to follow up yesterday. Uh, if anything Oh If you're unsure just best advice is don't trade today. Just wait for tomorrow Uh, I know I know that sounds like oh, you're missing out on something, but yeah, you'll always find something tomorrow Tomorrow's a large uh much larger day Uh tomorrow, uh today will just set up for that and you don't need to push and uh sort of Stress yourself out for today. Just to get a few extra percent Other than that, I'll catch you guys tomorrow. Hopefully you have a lovely day and make sure to trade safe Peace