 So get the market how it's looking today today. Bitcoin is down almost 3% Ethereum down almost 2% Ripple down 5% Chainlink down 5% I told you guys about chain link. Remember we spoke about chain link last time. I Said I'm not buying. I'm not entering any new positions on chain link because it's too high. It needs to any support back down Twitch is the best platform. Yeah Yeah, I just I always say the the Bitcoin daily dot live because I have that like personalized But twitch is definitely the best spot to watch it. What's up path that never ends? Red today we're red cuz we're at a resistance bro. It's a big battle going on at 12k how to learn the trade go to our Our YouTube channel we have a lot of stuff up on there Felipe go to twitch.tv Slash Bitcoin J to find out the next entry. Yep. Hello. All right, so yeah chain link down 5% Bitcoin cash down 4% Like coin down 2% Bitcoin SV down 5% does anybody trade Bitcoin SV I Have some because I was holding Bitcoin. I guess In one of the wallets that had when they had the split or whatever. There's like a airdrop. I don't know I got an airdrop on Bitcoin. That's the only reason I have some Cardano down 4% EOS down 5% Binance down 2% crypto.com coin down 3% Tesla's down 7% Look at Tron Tron down 11% stellar down six Monero's only one that kind of stayed flat Neal down 6% Everything was retracing today Iota down 6 v chain down 5 Dash down 5 That's crazy man crazy day today, I mean not nothing too crazy It was it was kind of expected All right guys, so who was in here who was in here last time? We streamed on Sunday Sunday night. We streamed I Told you guys If you guys remember Sunday night, I told you guys I was buying above 12k and I said that was the entry for Bitcoin and look what happened boom Hit 12k and took off to 12 Five twelve thousand five hundred is yep, twelve thousand five hundred Who caught that? What's up leg rudo? I see you in here Welcome to the chat man. Make sure to follow Make sure to follow the channel man So so we spoke about this breakout coming we spoke about that There was a bull flag pattern on it and the breakout was imminent and boom we got it It got to twelve five, which is another psychological support And it dropped straight down back to the 12k 12,000 range Lake rudo, thank you for the follow my man. Appreciate it. Um, so now we're at this battle right now At 12,000 So we're at the 12,000 and then we also have the the green is the 50 Uh, day moving average So we've been staying on top of the 50 day moving average and we're bouncing between 12,000 Over it under it. Can't we can't pick a direction right now Um, I definitely think we're probably gonna Consolidate Somewhere here if we do drop lower it's gonna be 11,800 Look at the 11,800 mark right here You see how it was support right here. Look all this consolidation on top of the 11,800 mark So that's definitely a support area right there And before this consolidation on top of it. Look at look at how it was here as a resistance So this is a uh The next support area if we are to drop below that then right here. Look at this area right here 11,600 That is the next support Below this then we're looking down at 11,400 300 to 400 So this zone right here And then probably um 11 k is the next zone down here Looks like 11,2 11,2 ish And then 11 k so we have a lot of support. We definitely got a lot of support Um But we're stuck in a range right now So The way i'm i'm playing this for the next couple days or for however long it takes For it to decide which way to go um I am probably Going to be buying i'm looking i want to zoom in a bit Right now we're looking at it in the four hour time frame. Let's go zoom in into the one hour This is basically what i do when i'm looking for an entry. I zoom in a bit so 12,080 is a possible entry on top of that Appreciate that check month 12,080 the 12,050 area Uh Then there's 12,040 So if you want to be safe and clear yourself away from all this Up and down you would have to Probably um enter for a breakout entry on top Of this last candle right here So that entry is about 12,096 That's about the entry where you're looking at um If you want to enter at a support that's a breakout entry if you want to enter at a support then You're probably looking I wouldn't enter anywhere Unless it's like the only support entry is really 11,800 So unless it goes down there I wouldn't enter Up here right now right here is just kind of in the air like you're in the air. It's indecisive. There's no direction So you don't want to enter at this level. It's a very indecisive level right now So i'm looking at 12,096 for a breakout entry um You can enter 12,000 the thing with 12,000 right now Is that it's very indecisive. So if you keep entering at 12k right now You're probably gonna keep getting stopped out as if you don't mind getting stopped out multiple times Then you know go for it. You just got to keep entering keep a tight stop so that your your losses are at very minimum You want to minimize those losses and just keep entering though Um, but if you want to avoid the mess Then you got you got to enter up here 12,100 area Let's zoom out of it to the daily If you if you look at the daily Everything still looks good. We're still looking at a bull flag right here And it's trending upwards. You see that channel it's it's bouncing in So the trend looks good. Let me see like a draw right here. You see this trend right here This is it. Well, that was terrible terrible line. I guys. I've never been an artist as you can see I am Terrible at drawing straight lines Trying my best though That's the channel that it's in right now So if it drops down it could drop down to around this level That's 11. That's that's 11 7 750 to 11 800 So even at these levels 11,800 this is exactly where support the support is and the up the up trending support is in the same um The ascending support on this channel is in the same area So that makes 11 800 a very strong support then we're looking at Resistance right about the 12 400 area So yeah, this is right here at bull flag guys I am still bullish on this The only thing is if you want to steer clear you might want to steer clear away from the 12 000 range Um and only buy around here, which is 11 800 as a support entry Or if you want to buy a breakout entry, then you're looking at an entry around 12 100 Those are the two entries that i'm looking at right now Today at this as of this moment right now. Remember these trends these entries these they always change with time depending what the price does So don't don't you know don't listen to me now And then you know in two weeks try to use one of these because they might be invalid at that point That's pretty much it for for bitcoin man bitcoin is i'm still very bullish I I hope you guys took my uh my entries last time that we had the live stream Because we hit those very uh, so uh next we're gonna look at uh, ethereum What's up? Yeah My mom and aunt are in the chat. That's what's up. Hold on. Let me let me change. Um, let me change the song Can't focus with the song. I don't know what that guy's talking about Talking some craziness in my ear Like rudo. Yeah, I'll do link and i'll go let me do um, let me do these these real quick And then we'll do uh link and i'll go we'll add it to the back end Um, so looking at ethereum ethereum still looks good to me as you guys can see Thank you, uh, Marvin. Uh, as you guys can see ethereum has basically the same Overall, um Pattern as bitcoin we have the similar bull flag Oh, let me i'm tripping right now. Hold on guys. Let me clear this on the stream. Hold on I had to clear my drawings. There we go. Um, so we have the the same similar, um, thing going on here Look at we spoke about the same thing last time. Uh, bull flag Bull flag bull flag a classic bull flag Break out and now look another bull flag showing up So this is a great entry here. It's gonna be above 440 Or 450 so 440 is still an iffy entry if you Enter above if you still get rejected. So to be safe, you want to enter above 450 If you're looking to buy on support 420 is the level to buy on support so 450 Is the breakout level 420 is the support level those are the two areas i'm looking at for any trades i'm entering on ethereum Look at it. Look at all this green. It's gonna blow up guys Make sure you're invested in ethereum ethereum will blow up. It will hit a thousand dollars eventually with time Bitcoin cash has the same pattern guys Bull flag It's been it's been now the the only thing on bitcoin cash if you look at these levels They're a lot wider like the range So you're talking about 320 To 270 basically If you cut out those wicks Then you're talking about 320 to 280 So that's a pretty wide range So you got to be A bit careful when trading bitcoin cash right now But I do I am bullish on it. It has the same pattern um We have a bull flag So that means the probability for the next move is gonna be up You know bull flag is a when it goes up and as it can Consolidation period and then it's right before I move up again so my entry for Bitcoin cash right now the support Mentoring as close to 300 dollars as possible with a stop up below and um if you're looking for a breakout trade it's gonna be above 320 with a stop under 320 A break a break above 320 could lead to 350 340 350 range All right, let's do xrp. We're gonna go over ripple and remove this uh This is a fib I have put on here Let's see what it's been doing on here I went down to the 0.382 Looks like it broke back out Got rejected at the 0.236 And it's currently just kind of bouncing around Let's look at it. Um against usd All right, so We're looking here the daily chart on ripple if you can see we also have a bull a bull flag here Same thing. It does have a pretty wide range though So we're looking at if you if you look from wick to wick we're looking at around 20 27 cents to Around 33 cents If you're just looking at the bodies and we're talking about around 32 cents to 28 cents So it's kind of a wide range um A support entry is going to be around 29 cents Breakout entries are probably going to be above 32 cents And a super safe breakout is above 33 cents So the two levels i'm looking at if i'm to enter a ripple trade Right now it's holding on to 30 cents 30 cents is a very strong psychological support and resistance So as long as we stay above 30 cents, we have a pretty good support if we flip under it Then that's going to turn into a A strong resistance Let's look at litecoin litecoins and moving up on uh Against against btc Let's look at it against usd So we're finally getting some new highs here From litecoin you can see this level right here. What was this? 62 That was a breakout entry right there So you see right here. We had the same thing and here finally broke out So it was a nice breakout up to 68 Let's look back on 68 to see why it's stuck there See so You see how it's stuck on 68 if you look back Look at look at what happened here at 68 the same price Then it went up So look it came up it stopped there at 68 Then it took off it tested 68 again, then it took off to 84 Before coming back down then as it went back down It dropped down to 68. It bounced on 68 went up to 80 psychological numbers remember And then just dropped through You know dropped all the way down. So that's why I always tell you guys look at the history. There's reasons for every every single, you know Place that it stops. There's always a reason behind it. It doesn't do that, you know by mistake That's why anytime i'm trading any any coin. I'm looking at you know, what's back here What's happened in the past because the past can tell you Where the where it's gonna go the past The history can tell you the future basically you gotta know your history in order to be successful in the future So so it dropped here. I mean it went up here So we had if you look at it here, we talked we talked about this on a lot on the last stream um, we had a bull flag And then the bull flag breakout Up to 68 which would have been my target If I traded it I didn't trade it, but I do hold long-term positions here um, so the next target If I'm if I'm entering a trade the next target Probably around here, which is 72 area Trying to zoom in a little bit more Get a little bit more information So it looks like here That's like the 72 50 area Up here, which is like the 77 area And the the final target Well 80, of course, we're gonna have 80 a psychological whole number Resistance and then it looks like 84 85 um, so that those are the the numbers of interests i'm looking at If you're looking to enter I would enter on a breakout if i'm entering the breakout would be above 68 If you want to be safe then above 69 um, if you're looking to enter on support Support entry is going to be around here Is 62 dollars so if i'm looking for a support entry probably around the 62 dollar range If it breaks below that it's going to go back down to around 60 to 59 dollar range So those are the areas i'm looking at for litecoin All right guys, let's look at cardano Dono has been retracing since its previous breakout so we have here we had the Kind of the bull mark the whole bull flag thing right here It broke out here was a breakout Broke off from a previous resistance it had a real nice run Actually had a real nice run from about 850 satoshis to 1500 Yeah, so it It literally doubled so if you pay attention to the numbers that that's why i'm always telling you guys pay attention to the numbers because if you look here it literally broke out like Down here was consolidating around 800 right so a bunch of people bought at 800 when it's consolidating that means people are buying and selling so When they find a consolidation point a lot of traders like to buy Especially on something like this see this pattern. This is a bull flag So on this pattern a lot of professional traders buy here So they see all this they see it's holding you see it's holding they're like, all right, we're gonna buy Then here's the breakout And again, this was a Big resistance right here, which is why i haven't marked and it broke it just broke through So that set off a bunch of buys as well any professional traders had buys above this So buy buy buy it just kept going kept going I imagine let me see where's a thousand at I always look for the whole numbers They look look how funny look exactly like around where the thousand is is where it had trouble See that's why i'm saying I always look for whole numbers So I broke a thousand it came back tested a thousand and then went back up This one what what is this number a thousand fifty broke a thousand fifty tested it took off It took off all the way through this one, which is 1365 It went all the way up to almost 1500 Got rejected We did a test went down to 1200 up to 1450 Back down to around 1300 range And then it had these right here where it went up to 1600 so You see how it instantly got super Rejected it basically got melted off of here So that's why you have to pay attention here Look at this remember where I said people were buying Any professional traders were buying this this right here This bull flag consolidation period They were all buying this up right As soon as it took off notice that that's 800 right This is the 800 sats Notice where it melted 1600 right It's no coincidence That everybody sold at 100 profit So all this right here when it when I went up This profit taking profit taking and went back up profit taking profit taking profit taking it blew back up And this is definitely everybody profit taking because now at that point You're 100 profit. So if you're 100 profits, you're probably selling everything So that's why look all this it's just been dropping dropping dropping because right now no Nobody's really buying it not enough people buying So it might it might drop all the way to a thousand It could drop to the thousand range You gotta wait and see though because it's really there's really nothing here You see like if you look at this there's nothing here. This is just a drop So it could drop to this which is a thousand fifty to a thousand It's currently at eleven twenty three. So a thousand is is very close. It's very possible All right, let's look at uh, let's look at link So link last time we we did link We um We spoke about this and I think I told you guys that I wasn't buying at the moment I think it was like around here Let me see August What day was it? What day's today today is The 18th, right The 18 this was Monday. This was sunday. It's okay. So sunday. We were here. I think We're at this price range, which was almost at 20 It was around 19 dollars sunday. That's when we did our last live stream. I did my last analysis um And I spoke about 20 I had no interest in entering Here unless it broke above 20 dollars 20 is a huge psychological resistance number So there's no point in jumping in here Zero zero point and jumping in there. Let's see where let's see what the price did over here. So Went up to nine Dropped back to the seven dollar area Took off 10 10 is usually a pretty big Psychological number, but it got it got through pretty quick. It took it hit it one day It went back down then the next day hit it again The next day went back down but pushed back up and The third day just Worth out. Let me see one two three four the fourth day just blew it out the water And it looks like it went up To about 14 dollars, right? So the same thing with this guys Same thing with this that we spoke about with cardano. If you if you look at where we consolidated Look at this. This is this is a consolidation. So boom Bull flag, right consolidated all the way down to seven dollars. This is where everybody's buying It went all the way up to where 14 dollars, right? That's a hundred percent gain for all the traders that bought at seven dollars right here during this consolidation period so consolidation period breakout hundred percent sell So they sold and went back down to about 12 dollars, but it took off again all the way up to 20 So consolidated it only consolidated for about two days here and then 20 was that big resistance Dropping down so if I'm looking to enter Honestly, this looks like a free fall to me for right now Um $14 is an entry support entry. So if I'm gonna enter I'm looking at 14 dollars I'm looking to enter between 13 or 14 dollars But if it breaks below 13 be careful it could drop All the way down here to 10 dollars So I'm looking at the ranges between 13 or 14 as a support entry With a stop Under that you could have a dollar stop. I don't I Have a dollar stop under this right here. I want to I want to stay under these levels right here So my stop will be under 12 Anything under 12 I'm selling selling selling selling quick because that's a drop off to about 10 dollars And then at 10 dollars you want to buy Um, if it doesn't go down to where I where I would like to buy which is a 13 or 14 dollar range Then I'm not touching it unless it breaks above 20 20 Is a breakout entry. I'll enter that. I just don't like anything in between. It seems like it's kind of just in the middle of suspended air If it does consolidate at the 15 dollar range and 15 dollar can be a entry um With a stop I don't know. I don't know where the stop would be. That's why I'd have to I need more time It would need to consolidate a bit here That's that's kind of my that's what I'm looking at. That's what I see right now with link Let's take a look here so we can see the Resistance with was here on the 320 range Then it broke out. This is a this is a basically a bull flag right here Broke out went all the way to 440 ish and it's been going down ever since Um, so the support for tezzels right now that I'm seeing is around the 320 area 340 area so 340 that's 320 You'll need you if you enter that high up though, you do need a stop under three dollars probably Probably something under 295 under 290 ish Or if you want to be if you want to be extra Give it more depending on your risk tolerance Then you'll go down here be be low all this because this could easily just go down Way down here and then just jump back up. You know what I mean? um So depending on your risk tolerance and how long term you're looking to hold it If you're looking very long term, I'll keep a wider stop um If you're looking short term, then I'm entering 340 to 320 with a stop under three dollars probably And your target is basically four dollars Your target's gonna be 370 four dollars 440 Other than the three targets that I'm looking at Take a look here at Maker So we still kind of see this the same pattern if if you look over here At a very similar pattern to what's going on right now Right so it's like boom See this right here is kind of like a cup and handle broke out And now it's kind of doing the same thing Broke out So if it continue the same pattern That means this area right here is this area right here, right? So we can expect we'll be looking at a move of Like $50 move and it's of course if it continue if it follows the same pattern that it did before um if What in the world is this jedi music in Pretty sure that happens to me every stream um So we zoom in a bit. Let's let's go down to the four hour chart If this decides there we go So this chart is why is this chart looks so weird? The chart looks super weird, but I'm thinking if it continues down It looks like the support is down here This is 620 below below that looks like what 600. Yeah, 600 580 Yeah, so if it continues down The support where I'd be looking to enter if I'm looking for a support entry 620 And then 600 so there are two support entries you could possibly take um if it breaks below 600 it's kind of dangerous If I'm looking to enter through a breakout So you could do it'll be high risk, but you could do something above 700 With a stop and then set it just set a type stop below 700 just to play that 700 whole number resistance breakout um And if it stops out then that's fine But it's kind of high risk, but it's a play you can do you be looking at the first uh target being around 6 725 second target Even though nothing happened at 750 last time. I'd still be setting 750 as another target And then 800 is a final target Fesparago, thank you for the follow my guy So yeah, that's that's kind of what I see in maker Very similar Thing happening here that happened in the past So if it plays out again, we can look at about a $50 jump Is basically what happened here So currently is at 665. So we're talking about probably around This range 800 to 850 Could definitely happen Yeah, 600 to 620 area is where is where I would personally like to enter um But If you want to try a 700 breakout entry you could try that It's just the the range on it is so wide, you know what I mean Like there's there's really no other support here It just kind of you know We have the 50 day. No, there's not the 50 day. What is this one? There's a 20 day we have the 20 day down here. So the 20 day is currently at 640 Trying to see how it reacted to the 20 day before bounce on it fell through bounce and it just took off So it's definitely coming back to at least a 20 I wouldn't buy there though. I don't really like that level not enough for me um 600 to 620 is where I'm looking at for entry Or you can try the 700 breakout entry All right, red coin Is that is that the one that we uh agreed on? rdd Is it still really only on uh on bitrex? This yeah, this is why I haven't traded this in so long guys It looks like uh, it looks like doge The the chart looks just like doge as parago you can just you can just keep uh, you definitely need btc You can just keep it in btc You'll be good with that look at this I I feel like I'm playing um Oh, what's it called like an Atari? I don't know how old you guys are but Atari nintendo very odd looking chart. Yeah it is So, I mean are you currently invested in red coin right now? That's the first question And where and if you are where did you enter? What's your uh entry for red coin? Yeah, I mean I I bet you're in the red man. There's not There's not much else to for it to go It can it can't go it hasn't gone up in a while And there's not much more room for it to go down Let's look at the weekly chart and this this chart is crazy all right He bought in 2007 But at seven at seven sats or where Did you buy at 70 satoshis or at seven satoshis? Oh usd Let's look at usd because I'm looking at it against bitcoin us dollar Okay, now we're looking at the same at the same thing All right, so I got There's some good news here So the good news is that it can't go much lower That's the good news man You know, you gotta you gotta look at the the positive In the situation so the positive here It can't go much lower man There's nowhere else for it to go Um Look here. All right, so it's above These 2007 levels right here right before it took off It's kind of in the same range, right? The thing is it hasn't moved since So I got in this range in november 2018 and it hasn't moved since So it's been November night. That's one year You're you're about to be on a two years Two years holding a bag, bro Man, I mean it it could move at eventually, you know, look look look how it did here Like it just stayed there Was it maith 2017? So I mean it wasn't as long as you're holding but it was there in that range for a while and it just blew up out of nowhere one day So If you want if you want to average down you can try I honestly wouldn't average this down I mean if you really believe in the project you can I haven't looked into the project enough to to be informed enough about it Um, I I basically strictly trade based on technical analysis So I don't know enough about the project Remember, I'm a I'm a stock trader that came over from stocks and the way that I trade stocks was always a technical analysis. I Don't care about the company. You know, like I don't care how the company's doing. I don't care about any of that stuff I don't I don't look into fundamental I only trade technicals. I only look at price and I trade the price action. That's it Um, so if you believe in the project, you know, that's different You might want to double down on it. Maybe it's a project that people haven't, you know noticed yet or whatever So, I mean, it's up to you man Because if if you average down your position, you'll have at least a better entry And you might be able to to break even faster But on a roll of thumb for me a roll of thumb for me Um Is not to add more money not to throw more money into the fire. Basically, you know, I mean don't add more to a losing trade Don't add don't throw more money into the fire is what I always say Oh Okay, so you're you're mining and everything damn you're like, uh A surreal supporter of red coin, bro They should give you a vip badge or something for holding for for that long, dude Now but then if if you're getting free red coin, then your position should be averaging down So you should yeah, so don't don't don't put any more money into it Just keep mining it keep getting it and it'll keep averaging your position down and if it takes off You're good, bro. All right, since we looked at red coin now. We got to look at our our bonus Our bonus, um Where's our bonus one? We look at red coin. We got to look at doge. It's just We just have to right man doge is wild There um, so this is a buy area. We last time we spoke about doge. We spoke about this buy area This is where you want to buy right here if you're looking to buy doge for any reason just because you want to You know get a laugh at making the money for no apparent reason Just because doge likes to pump for no reason I would enter between 26 satoshis Down to 24 satoshis actually you could go I don't mind going as low as this. What's the low here 22? So anywhere here I don't mind buying between 26 to 22 Put a stop loss at 21 And that's it man. So set some buys up at 26 I would set a buy up at 24 and a buy at 22 Split your entry into three positions just in case And then I have a stop loss for all of them at 21 That's basically it man. That's the way you trade that Um, if you're looking for a breakout entry here Oh, man, I I just don't like Doge enough to get to breakout entry it, you know what I mean to set up a breakout entry So I would only enter on the support. I wouldn't risk to break out It doesn't make sense. Oh appreciate that D. Was he? Yeah, man, I need I need to get to 50 followers to get affiliate, man I'm at like I should be close to 30 by now, right? I'm not sure though. We still got five people in the chat Guys, if you're not a follower yet, please become a follower. I need to get to 50 Um, but we actually got seven viewers right now. That's basically it guys Uh, do you guys have any other questions?