 Welcome to Jalassette News. Take a top stories in cryptocurrency Jalassettes. Break them down into bite-sized pieces. So today, welcome back. We're gonna do a little bit more of Trinity trading. We've got Weston Nelson. He's the head of business development over there at Trade the Chain. We've got CJ with Market Rebellion and each, and of course myself, each person has their own function and we're gonna use a tertiary method. So it'll be, of course, Weston using Trade the Chain or Sentiment Analysis where they use a device or machinery which crawls the entire internet, all the blog posts, all the big exchanges websites, and also is one of only four cryptocurrency companies that has a direct API into Twitter to disseminate billions and billions of tweets to give us a fantastic sentiment analysis. And CJ is our expert over here at Technical Analysis from Market Rebellion, learned from some of the best, the Nigerians, and he's gonna give us the TA standpoint. And then if it gets through Weston and CJ, then it comes to me, Fundamental Analysis. We'll take a look and see if we'll invest. So gentlemen, what do we got today? What can we look at? All right, let's pull up the Trade the Chain dashboard here. Make sure you guys can see. Are you able to see everything good? We're seeing a nice, beautiful green screen. Yeah. I can pull mine out now. Yes. Good, no, good, no. Okay, perfect. So, and again, I juggled Rob as you described the machine of Trade the Chain, yes. It's a, so just to simplify it because we have been getting a lot of questions about what is Trade the Chain and how are you doing this sentiment analysis. It's a form of data science, NLP natural language processing, which scrapes the web to basically take all the text and then determine a sentiment, which is quantifying it for using in trading. So, in a nutshell, that's it. And then we have a community as well, which is extremely helpful to help people understand how to use that to profit the trade. So, the coins page is where you're gonna do most of your research, but if we're looking to make a pick right now, again, I'd like to start with the one hour range. And it looks like we got a few, a few couple of contenders, but I got loop ring right here, LRC. Looking at a positive mean over the next hour of 2.33. Trading volume is up, trade volume is up and we're down the last hour, so probably good in two point. Got you. So, Western, real quick, tell us about that, the one hour projected range, because that's what I get those questions a lot too. What is the one on the red in the middle and the one on the right as far as ranges go? Yeah, so, and if you notice too, it just actually went up, which is good. So, the ranges, those are the projected ranges that the machine or our system is spitting out based on all the inputs. Over the next hour, on a rolling basis, every five minutes of updates, it's projecting negative, so for loop ring, negative 0.275% on the low end, what is that, 7.86% with a mean of positive 2.55%. So, I like that it's leaning towards, the mean is leaning towards a positive 2.555, and that's with 90% confidence intervals from all the data. So, basically, it's likely to stay within that range, but it's very well possible to go out of it on the negative or the upside. So, 90% of the time, it's gonna be plus 2%, is that what we're looking at over the next hour? It will be within that range. Okay. The mean of the likely outcomes is the 2.55. Perfect. So, this is why we need CJ. So, CJ, tell us about the technicals, because one part's looking good, let's see if we can get the second part. Yeah, let's take a look. There we are. So, we're looking at this, we're looking at loop ring, USD pair on a couple different time frames here, and looking at it before the show, it was actually breaking out a couple hours ago when we first decided that we wanted to take a look at this asset. And if I go into the hourly chart here, from a much shorter term timeframe, you can see that each time we reach this nine, or when we reach these nines collectively, they have a general warning sign, and they're telling us from a bullish perspective, the theory, at least, to take profit, or at least be cautious because we're probably gonna get a correction of some kind. And that's exactly what we saw here in the last two hours. We got a green nine on the hourly chart and then immediately dumped right after. Now, we're forming support at around 45 cents. So, I really like the 45 cent base level as support. Now, if we look at maybe some longer time frames on the daily term timeframe, you can see we have kind of a ascending triangle forming here on the daily timeframe. And if you have not heard what an ascending triangle is before, essentially it is a series of higher lows that are rejected by one resistance level. And in this case, the resistance level would be about 47 cents. So, my favorite way to enter long trades in bullish uptrends like this is to buy on a breakout above the prior swing high. So, in that case, that prior swing high would be at about 48 cents. So, I'm gonna look to enter at a price of 48 cents with bullish momentum. Now, that could take a couple hours because we just came down from the recent sequential nine on the one hour. But if we get a price flip to a green one in the next couple hours, I will definitely be looking to enter at about 48 cents. So, interesting stuff. And I think the fundamentals are very strong on this play. Let me just say that I think fundamentals are crucial to entering a trade. I just really believe in using technical analysis to find the optimal entry and exit points for these trade ideas. Okay, perfect. So, before we go on, everybody who's watching right now, if you look in the description below, there's gonna be links to trade the chain. You can check out that program. There's a 14-day money back guarantee and then with the Maraca Rebellion to learn technical analysis, you can start for a dollar. So, whichever you wanna do, but we just bring these types of opportunities to look at. We are not financial advisors, but these are the things that we see and could be a big play for us. What you wanna do is up to you. So, let's take a look at the actual fundamentals. And before I forget, let me share my screen. Weston, I want you to talk to us at some point about how you use loop ring to sidestep the ETH prices for swapping for Celsius. That was amazing. Yeah. So. Yes. Absolutely. Yeah, they did some big stuff with that. I think, I don't know, I was involved with that with the ring or somehow, but yeah, happy to do it whenever. Yeah. So, okay. What is loop ring? Ethereum rollup protocol? So, okay. So it's another layer two scaling solution which makes a lot of sense. I know, WEC, when you use it, you purchase Celsius, I have actually stopped dollar cost averaging because I can't use Uniswap anymore because the prices are just astronomical. But I think when you use it, there was little to none. So, this is already live, this is already going on. I don't think a lot of people know about it. I haven't heard anybody talking about loop ring except for Weston. So, this might be like a pretty great play and especially for Ethereum. Transaction throughput can be increased, transaction cost will be decreased, which we saw, faster, cheaper, gas fee transactions. Great. So, I knew that there was, I know that there was one thing that you use, you can use it on your Android device. Here's the exchange themselves, but I could have sworn that you can use it. Yeah. Let me see something. You can use it on the web interface, I believe. There might be a difference. Android app. Yeah, so that's what I had. Android app. Android app, beta. I don't know if you can use this without Android unless it's right here. Loop ring swap and exchange. Yeah, on the web though. So, this is the activate layer two you were talking about, right? Yes, exactly. Well, this is like the web interface for layer two. And then I do think they have an iOS app in development. So, you could use a MetaMask account as opposed to a loop ring wallet with it. Well, let me just give everybody my information. So, I think I can see where we're going here. Okay, so once I activate it, I can use it here. Thank you. What were the fees that you use? The fees were, it was like literally negligible. Nothing almost. Okay. I could pull it up, but I mean, it was so small that I was like, wow, that was nothing. Let's see, I don't see myself. And I just want to clarify, or rather, your size, how great a problem this is currently with Uniswap and other decentralized exchanges. Like Rob said, he wants to buy Celsius, but it's just not worth it with all of these fees. But if there is a system in place which can eliminate that, and it seems as if Weston has already successfully done it, it could be extremely valuable and solve a very, very large problem right now. Yeah, and not only that, because Weston, I asked you, because you got a deposit in here. I asked if you could swing it over to your Celsius wallet, which you did. Yes, because I also wanted to see, okay, great, transfer, right? That's awesome, but can I get it out? So I sent it layer two to straight to layer one Celsius, it worked, I sent it, and then I went back to layer one, sent it to Metamask, it worked. I think for the full effect to go in place, Celsius would have to, like a lot at Celsius would have to be on layer two. But at least for now, half the problem is solved. You can acquire Celsius on the cheap, basically. Yeah, in any sense. So later on, we'll do a full deep diving of this one, but right now it looks good. If the fee is what I'm seeing this correctly, 0.25%. I think it's lower than that, even honestly, because you're in layer one still. Oh, look at what it says price impact. Does that mean, I wonder what that consists of? Is that the market makers? The amount that it would revert if it was more than that. So like that very low price impact is good. Okay, so I'll do this later and what it is right now. But yeah, so it's a weird thing, we're talking about just investing a loop ring, we're going on this rabbit hole, so we get like a two for one special for everybody. Okay, so then just so everybody knows, every trade that we do, we put it up here at Trinity Trading, which is open to the web, everybody can take a look at. We've done three so far. We did Maker, this was on January 6th, started at 1,091, sold off at 1,620, 50% profit. We did Reserve RT on January 8th, and then it went 0.0475, 15%. Synthetics, not too bad. A paltry almost 8%, but this was a short-term and a long-term one. I still think synthetics could be a great long-term play like you guys were talking about, but I will add this in after this video for loop ring. Now, the big question is where do we find loop ring? Because I see it here at Coinbase Pro, I wonder if it's on regular Coinbase. Not my favorite, what are you gonna do? I just bought it on Uniswap. A lot of places. With Uniswap, were you able to use, could you use loop ring to buy a loop ring? Or use Ethereum on this? I think I just bit the bullet and paid the fee. You might be able to create a loop ring wallet and transfer Ethereum to buy loop ring. I had to double check on that. So let me just take a peek real quick. But you can for sure buy LRC on Uniswap V2 right now, like no issues. Yeah. Also available for Binance under the BTC pair. Thank you. So Binance, and then it is on Coinbase regular if you wanna pay those ridiculous fees. Sometimes, hey, sometimes you gotta bite the bullet. Okay, let me put this up. So that is it. So anything else, gentlemen, before we go? Thank you for watching, not financial advice, of course. Educational and entertainment purposes only. But thanks, guys. Thanks a lot. And remember, just, sorry, listen, just below the links for TTC as well as Market Rebellion. And last thing to say, Weston, what was that? I was just gonna say, I'm very excited about the loop ring. Layer two scaling has been this thing that has been needed for so long. And if it's really solving that problem, we'll see. It's early, but I mean, that would be tremendous for the space and adoption, so yeah. And it's in beta, so just like I said, the very top and yellow, use it at your own risk. All right, buddy, thanks for stopping by and watching. We'll see you on the next one. Thank you.