I travel back was a bearish engulfing candle and the lowest daily candle close Bitcoin had seen since June 20th oh at least we’re getting movement when I’m traveling literally so uh pretty much went back to test that 28 800 level not a joke at all I remember Our discussion for the weekly close was it had not happened right you go to the weekly and you look and there it is after the breakout right there was no test so it and we have an ongoing test so it seems right now remember that 2021 Low not sure how well it’s going to hold up man got a lot of Divergence on that volume and uh I mean Max the Instagram looks terrible at this point you keep this up right it’s like the high then the absolute same high if not a little bit higher with obscenely Lower levels of positive momentum so that’s like classic Class B bearish Divergence down here so not really great looking there and then the RSI isn’t really great I mean where you’re back below 60 you’re not in the bullish control Zone anymore so these things happened past few days that’s it That’s your big coin wow riveting analysis I know it okay cool ethereum looking fine you know I mean just in between 1744 and two thousand dollars that’s in between two levels and still just staying up there not moving I mean my God man can make this up an entire month goes by Same price entire quarter goes by same price but your trend is not in jeopardy on ethereum until Margaret participants the sellers pushed the price below 16.54 with confirmation that hasn’t happened yet so you got that going for you you’re still confined in the uptrend which is nice And the closer you get to this demand line the closer you get to 1750 could be an awesome low risk entry if we can see some sort of price action there that would be favorable for us right like an engulfing candle or a hammer or something 200-day moving averages there Horizontal line support resistance from history that could not be denied ever right there it’s there and the demand line of you know the channel all right there that’s The Sweet Spot the magic area but you’re just not there you may never get there but it’s still holding up all right Again most of the stuff going on on the markets has nothing to do with Bitcoin crypto or ethereum they’re just not there are gonna be times when they’re like it this is it hasn’t been that way in a long time so we’ll go to BNB certainly not on the News and just not good I mean it breaks upward I don’t care garbage because it’s like the questions always okay you got this money so are you gonna put in Bitcoin ethereum or BNB well you’re never going to put in BNB so like if there if you’re comparing it to other Assets you just not own it you just wouldn’t you wouldn’t own BNB it’s not going to outperform something on the stock market it’s an actionable trade setup you’re not gonna put it in Bitcoin ethereum because it’s probably not gonna outperform them either based on the way this jar looks it would Be a miracle by God if somehow BNB ends up becoming the outperformer the one to own it’s just not right now so we’re just gonna stare at this crap uh continue to consolidate after hitting 225 win shorts covered their trade doesn’t look good at all okay cool I have to look at I’m Looking at it because it’s the third large crypto right probably not for long I know for a minute a minute maybe xrp might be I haven’t even checked coinmark cat dude is it is xrp number three we’ll start looking at xrp first yeah very close to 69 000 Subs but it’s Been that way for like two months so I can’t even just get like you know just talk to some people be like look man we’re trying to get to a meme number once we get a 69k Subs I never have to grow ever again but I’m just asking Y’all let’s just get to sit not 100K forget the plaque that’s not happening ever 69k we should y’all should make me a plaque I’ll put a YouTube 69k plaque right there right there but we can’t do that yet so get to work have I not earned it the meme Okay so I just you look at this asset and there’s just very little opportunity for the swing Trader position Trader I mean you know just because we can look and trade anything so we can try to look at the four hour somehow buyers defending it looks like 67 cents it’s like maybe there there’s a base getting put in maybe some Divergence here just look it’s just great man it’s the same price it was July 13th after the pump right so 67 cents to 85 cents that’s like kind of maybe your new range local range here okay cool Other than that not really anything going on worse stuff going on today than crypto and I’m just you know it’s not the centerpiece of conversation never is anymore crypto is just the only thing going on is Doge and maybe Shiva but not not even Sheba it’s just dogeman and Elon and X And you think you know doge is and it’s really elon’s comments about X which is formally known as Twitter will become like your everything he wants it to be like China’s we work or whatever we something you know what is it called he wants it to be an all-purpose app and If you’re getting into Finance the coin that would be used within this ecosystem would be Dogecoin WeChat sorry we chat wee boo we we but we Kings all right so um back above the 200-day moving average when we did look at this though I like Sheba better just yeah you know just Literal nitpicking stuff if you were above 6.5 cents it was the same situation as Sheba where the target above 6.5 cents historically would be 9.1 cents so you’re well on the way to that and it was really nice because there was kind of like a spring back test where The price got back above 6.5 cents and has been doing well ever since Elon you know announced the whole change that’s cool it’s up 9.14 today I produce makers up to date too really going man I mean this is very close maker is on the cusp of a mega Breakout where above 1200 equals 1744 fast because the history tells us that not my opinion so you got about 45 upsides if the buyers are truly able to break a one thousand one hundred ninety four dollar uh level like a I’ll show you the big one was 788 above that it’s like A thousand fifty to twelve hundred dollars and you’re at that next one now very fast and as you can see history shows only up and down up and down up and that’s it there’s no General consensus area where there would be multiple Market participants that would be able to stop this price Until 1744 only history tells us okay crazy stuff man it’s almost like it’s just Wyckoff accumulation shoot a schematic like that maybe it’s maker I don’t know what they’re doing didn’t the uh founder get killed by our own governments you know it dude go read that his last tweet was insane so I guess one would just long just for that you know all right cool let’s look Sheba that this is what I’m saying like it’s just not really that impressed it’s impeccable for just your bread and butter range bound trade Buy Low sell High you broke out of a wedge maybe you broke Back above a key support even confirmed it as support a couple times but and then broke to the top of that and you’re even testing that but there’s just no demand no one’s buying it really so that’s how it that’s how trading goes just because it’s an incredible setup Doesn’t mean there will be demand there and it could fail well you know Doge has a hangover tomorrow or something like that and not in all crypto and then Bitcoin continues to sell off is just not going to go well for Shiva I mean just this was the day Where it should be at far more than three percent but there you go Facebook all right I mean just you can’t make it clearly hoarder crypto hoarder has not put in enough uh bids down here all right in terms of crypto man I mean besides that there’s just nothing else to talk About nothing else really that interesting I mean XMR I’m an arrow we can look at it every day because it’s just technically set up on the weekly for way higher prices but just it’s no movement everything else flat or down today great all right cool pulling teeth man stop market Way more activity crazy stuff going on you know Snapchat had earnings nuked after hours could not break that range it looks similar to Shiba could not break it Gavin down Spotify at earnings they lost money again of course Google Microsoft Porter earnings Google’s down my oh no Google’s up Microsoft’s down Uh but then you had we’ll look at this and you had Weight Watchers that did something incredible highest daily candle close on Weight Watchers since May of 2022 so 52 week highs and after hours up 6.75 and it’s not even earnings that was a breakout that happened today Look there was a dark cloud like the we we’ve been watching this because it was very interesting price action correlation from a level from history it was in incredible right composite man doing stuff accumulating down here and they ran that thing up to the next key Level and then it confirmed the top you convert nah there’s not enough demand too much Supply to break this next level in a sell-off but the sell-off was rather mild could never fill that Gap and a retest Jupiter on CB analyze with fibs thanks also Caleb of course Analyze with fibonaccis all right we’ll do it man thank you for that contribution all right so after the retest the pullback and then uh just kind of going three days in a row and just continuing after hours just wow so up really 17 today Weight Watchers and an ungodly breakout where There’s just not much here Target above 941 it’s like 16 dollars Now check my uh diabetes watch list it is kind of inverse correlated I mean as all the diabetes stocks had been mooning Hershey’s and Coca-Cola you name it McDonald’s all of them just been going insane Weight Watchers destroyed But now kind of a inverse you know the inverse is happening now Weight Watchers making a comeback we needed a man we can’t let diabetes win so you see kind of why there’s just not much there until 16 bucks look at history it just tells us everything So optimistic Above This level big old breakout nice Triple M 3M I mean that completed I mean just so close to completing right the m shape and then the huge rally today gapped up but still below its 10-day moving average still a variable could see 89.50 just this is what in Downtrends right these are great levels where there could be a reaction just for maybe a lower high before rolling over later so all right International Paper not paper was up and dude this is this is stuff right here man okay this is one this is why you invest in Yourself and learn these things can happen man like it’s a little bit more it was a kind of a little Zone there about a 40 50 Cent Zone like the Peak from 2011 the Valley from 2012 the Valley from 2016 and a re-backed test in 2020 before noon and then you know Lately like the sellers pushed the price below it it’s over we’re screwed four days a whole trading week right and then the buyers come back in and recapture the key level they recaptured it like the Jesus right couple times few times this is almost identical to what she was doing right Now Shiba Inu coin yes a joke same thing but just the bids haven’t come in onshiba but they’re they’ve been now finally coming in on International Paper highest daily candle close since April 26th so that’s pretty good A little bit more upside for the next Level uh that you would think is 35 and change yeah the the definitely 2006 High a lot of Peaks and valleys but first time known as the second time yeah maybe everyone knows and it was a lower low failure and bulkowski talks about the lower low failures on these double Bottoms they can outperform the living crap out of standard double bottoms or higher low bottoms like a whipsaw effect so like to see it in action still bullet 200-day moving average still well confined in the downtrend but uh I mean again you’re talking about swing trading and identifying indicators That can give good upsides if they are successful like a spring and a back test of spring especially on one load in the second low yeah it can turn into something crazy very nice so I don’t know we could uh oh we have to look at enr in our like The one it had been the one it was the one in my opinion it was the one it was giving us everything we could dream of we invest in ourselves we work so hard right to be able to identify this stuff self-sufficiently we don’t need anyone We don’t need to go to the stock market a Newark Stock Exchange trading flow we don’t need them to be able to identify this stuff okay and it doesn’t always play out but Mother of God what do you need to take action if you’re talking about position trading Swing trading what do you need it is a level that no one could deny if they deny it they are they don’t know what they’re talking about look the first low ever 2015 right and then again 2019.they were valleys and then it was a peak in 2022 but then A peak and then the sell-off and then a rally back above it and then you get this prize section here the spring the back test of spring couple times and then this this right here too that that kind of wouldshiba stuff where it’s like an inflection Zone the bottom of The zone is being tested but then the tip top of that inflection zone is being touched and not the bottom anymore because possibly far too much demand skating along that 200 that test oh my God but like what really was so incredible about it all was it What was where this level is so important what was this candle what was it it’s a Japanese Candlestick pattern it’s exactly the area you’re looking to identify these daily candles what is it what was it you do count the wick sir you do piercing action so yes It was the piercing line for the several people and the the I mean just that’s what the Amazon trigger for the long was that too I mean it had its own at the same like its own key level on its own chart right highest daily candle close on enr since May 18th and we’ve just begun it has only just begun this one played the song 41 in time if you’re patient I’m kind of just going all over the place where I want to man I’m just kind of like improv and stuff um tele education which is a Chinese Communist scam stock but Technicals not if we look at it like you know we don’t have you know I’m just saying like right if you look at a blank chart and it’s like a test on the TA test right it’s a TA exam is this okay what about it’s okay the fact that the buyers Have flipped a resistance as support with confirmation fact that the assets back above this 200-day moving average the fact that it’s already up trending with higher highest higher lows the fact that it broke a supply line is staying out staying broken out higher lows accumulation the stage is set for higher prices on This and if it fails which it very well could because we have absolutely no expectations especially on a Chinese stock right that educates new Communists children that’s virtually tile education I don’t know man they got a better better education system than ours at this point I mean like literally yeah Because because you know the US isn’t really even teaching true education anymore we’re falling behind literally everyone so um sorry I’m not trying to go on a ran here but like if it fails you take on minimal losses because your your trait you have an argument you have a reason you one would Be going long because of what I’ve just said all the good things happening the things that have just occurred the successful back tests that’s why one would be long if it falls below the levels of 580 a little lower your complete your argument is completely invalid you you don’t lose much And you were you were possibly able to win a huge amount I mean targets you know 50 upside to the next like real big resistance here so yeah I get it who cares it’s tele education Group which ranting about it made me think dang dude I might want to be educated by child Education systems than some like Philadelphia Chicago school system for sure sign me up maybe that’s what’s happening maybe it’s like a bunch of westerners are like all right dude we can’t get good education anymore so we’re just gonna tell University Kappa I’m just kidding but am I Hey g-dog thanks so much man for the seven months thank you so much for the three months let’s get some Jesus challenge it’s been two weeks since we had some Ultra interesting Jesus jumps thank y’all for re-upping cheers I mean come on dude Velez you you bring In that that name and that’s like Voldemort dude of course scammer’s gonna scam yeah World coin yeah scam what would economy foreign okay you know just so let’s look at uh Google after hours because of some good earnings I mean Microsoft had good earnings too like relatively speaking where you’re to My like top to bottom beats okay it’s just about you know it wasn’t good enough back above 7.27 oh god dude what’s up uh one wheeler we’ll look at Geo the prison stock dude it’s not a Geo prison stock it’s not about the technicals dude it’s about the fundamentals like about the fact That like Western societies collapsing based on morals right everything is relative moral relativism has like won has like defeated religion and the old way right the old system of morals so now it’s like uh I could be a guy today I could be a girl today I Could be this today I could be that that moral relativism I could hey that how was that bad like that person’s not doing that that’s not a bad thing and we say we say so because it’s all relative so we’ll look at Geo fundamentally probably good because I don’t know though because like They’re gonna let everyone out of prison because the prisoners now are the victims you know that’s what moral relativism is going to get you so everyone out of prison all right so um was in the end just maybe flagging currently sitting at 130 up 6.47 and currently at its highest price since April of 2022.remember the third target of the trade set up 143 been waiting 84 years since the entry in March trade setup Jurassic valleys let us finally get the conclusion we’ve been looking for as a long chapter in the book Microsoft inverse price action after hours Yeah looking really strong right I mean were you think dang dude this is dark it’s about to go and then earnings and I probably will still be fine I remember like Microsoft last week saw its highest levels ever I mean today was the second highest candle close ever no I’m sorry the third highest so it gets a bronze medal today but you know just didn’t matter pull back only people that would be scared or freaked out would be like psycho fomo Degen Wall Street betters only people to be scared about some sort of Microsoft being down 3.6 who cares it Was up 1.7 today so it was even less really yeah that’s true Brad that is true or people who like like who reference the Constitution do you remember that they said that too right Brad people who reference the Constitution frequently on a list you’re on the list now dude Absolutely insane but this is this is how it it all goes thank God for the Second Amendment it’d already be over without that they’re just slow that’s the only way they can do it okay Microsoft it’s like a Snapchat that oh man it’s gonna make a recovery Bro dude trust me I use Snapchat and it’s like great dudes down 19 after hours all right well like uh you know just a range where maybe maybe is the change it’s the time it’s time to rise how many fomoers got just devastated a lot this is like such a good lesson And I know it’s earnings it could have is just as easily been gapped up to 16 18 right now but I’m just saying the whole reason why you want to buy low like Sheba is buying low it could fail too and that’s fine but dude look at that it’s all about Like the downside potential like when when you have a run from eight dollars to 13.60 right I mean 80 right and eighty percent run and then you’re at resistance and then you’re breaking resistance it just had a 70 plus percent run when you’re buying on the breakout so you’re Inherently when you’re buying breakouts it’s just goes against the Mantra that is just I would think a foundational pillar of what’s taught here and everywhere else real trading yeah all the internet so that that’s just like the downside the the upside could be minimum if it fails And the downside could be maximum could be insane downside potential because like below 12 12.77 downside potential oh like 38 downside yikes and it’s doing like half of it after hours Brad that is insane and he’s just like please God I mean I don’t know can we vote our way out of this No uh the consolidation of it’s like not just you you see like late stage capitalism the consolidation of all these Mega corporations and then hyper I would call it the code crash like created hyper consolidation where they had already taken market share you know I mean companies you know 50 years even 10 15 20 years Moore’s Law you know with tech but then man with that lockdown in like where hey you have to be shut down and we would consider certain entities uh what is it what was the word they used it’s all new speak stuff it was oh They were vital companies they had to stay open well like Amazon I mean it’s it’s over social media companies too right think about Tick Tock what happened with that communist Chinese company created social Contagion and has virtually destroyed an entire generation of Western youth it’s over dude like that it’s already over for Them you can tell and they’re they’re like they haven’t even aged they’re still like really young and we already we harped on this when uh you know Mr crypto was on talking about poor Zoomers where like it’s not just like that it’s just the fact that they How could you start a company like a real company like you’re kind of like you know World Trade Organization 2001 trying to join and like that was virtually the end for you know manufacturing jobs and all that in the US it’s gone now so all you got are service jobs in the U.S And there’s just been massive amounts of saturation in those Industries too lots of consolidation companies very fast hi I’m 18 years old I’m 21 years old how do I start a company good luck I don’t know I don’t had many people don’t even know Like how you can do it now the Bears of Entry are just too high hey Mitch please take a look at Redfin stock rdfn thank you sir white tea looks great on your Bot um oh thank you I I don’t know sir thank you dude uh we will look at Redfin for sure She was a position trade yeah I did what can you do man all right anyway so it was snap I think Spotify also uh reported earnings too yeah uh they were uh yeah so another breakout dude it broke out Spotify broke out there’s just not really barely any resistance to one on It I’m gonna long it after it’s gone up I’m saying like the breakout buyer like it’s like of 126 percent and now it’s breaking out and it’s like dude you just don’t do that and look at you know this is stair stepping escalators up elevator down you know so Just lowest daily candle close on Spotify since like May early May bad earnings and back below all the key levels so 135 Target and then below that it’s like one eleven one twelve to hang in yeah what a party it had been foreign leading up to earnings that’s what you would say yeah Any others uh any other big ones reporting today this though um material well I think uh what you had like the IMF talking about like they they upped like out Global outputs so uh things are starting to recover and sentiment so this whole recession talk starting to just melt away for now And you could look at like the materials which one was it um materials Bro xlb Look it already broke out remember I already broke out and just had its highest daily candle close since June 8th of last year so I would think like material the material sector pretty important metric For like you know how things are going to go and 89 Target probably from here could complete a massive W shape an 886 I think 886 would be a pretty adequate Target here which is oh 89 30 which happens to be confluent with the high for May of 2021 I mean that’s your Probably your target here you know test that who knows at that point but yeah I’ve been really good I mean you know down sloping 200 and everything just kind of sideways and then confirm bottom and then 200 starts up sloping again it’s okay I was also a leader today Remember like what happened it made all-time highs last week and um still above that old all-time high December of 2021 still there imagine a Bitcoin just did what Tech was doing so you can’t even you can’t say big ones an outperformer or big ones correlated to stocks or it’s Tech really He used to be if it what you understand if it was Bitcoin would be like over seventy thousand dollars right now if it just followed it’s okay if it or if it like truly was like coupled it’s not foreign so that’s that’s what you got going on right now all-time high That was like the third largest candle close ever today XLE man I’ll give it to you like that I’ll give it to them Adam and Eve this is an Adam and Eve double bottom ongoing yes you have the V and the U it’s a per it’s a specimen Adam and Eve well it’s Not truly the Adam and Eve until you break 87.67 but that’s that’s gorgeous and it was a false bearish breakdown confirmed and back about anything back above 78 dollars on a second low you got to be somewhat optimistic here for more upside I mean 91 dollar Target I think Yeah Rising wedge and then as soon as the wedge broke what was the follow through there was none the thought you know what the follow-through was rounding out slightly higher low than the previous low I mean just barely but still a 98 retrace 95 retrace that’s still a higher low subtle so A great news for all those you know oil dragons the bullish oil dragons and U.S oil Something’s Happened a breakout today so it might be just really appropriate to go from XLE to U.S oil so you can see where we really just you didn’t have anything Uh because like you know when last when I’ve been looking at U.S oil it’s been like just down at like 70 bucks just sitting there Flatline doing nothing but something very significant has occurred here where anything above 78 dollars you really want to be paying attention to Oil but I do think that there is a little bit more like 80 to 83 dollars that level hasn’t been cleared in seven eight months now so it could just run up and fail again but yeah you just gotta think cautiously optimistic above 75 78 dollars pretty sure our the United States Government said well you know the Brandon Administration said that they would be refilling the Strategic petroleum uh you know what like whatever the our reserves right at 60 bucks and look buyers have been front running that price so it’s never gotten to the level so therefore the US is just not going to Refill our Reserves hmm kind of par for the course right nothing you know good ever ever okay so um maybe it’s double bottoming here the breakout of that double bottom is probably about 83 84 so just letting you know and something really cool that I mean I Have I’ve I’ve had it plotted this way don’t know if it’s gonna play out because they fail sometimes but my god dude gasoline futures were like implying a continuation of and it but this had been in development for I think 200 plus days where’s my RB there it is rb1 This thing this is crazy it was just like it was in and uptrend a crazy uptrend in the m shape then the completion em shape then the momentum shift where you were an uptrend the sellers took control of the market in June of 2022 but then buyers have Reassumed control of this asset again with the higher lows getting put in and then even more higher lows thin levels that were resistances became supports getting back above the 200-day moving average and now that 200-day moving average starting up slope again trying to I mean that that’s some really good stuff Uh terrible for a Westerner that wants to buy gasoline because this is your national average so 285 and yesterday it was the highest level scene since October 2022 I’m not like 10 month highs on what it cost you at the pump so imagine this really playing out like Where something so large I mean beginning of the development of this was December 2021 I mean something so massive a pattern could uh turn out to be the highest eye of the whole rally of the whole uptrend so you could might be seeing 430 gasoline Futures prices if this really Performs well because it seems like it’s matured completely and the stage is set for way higher prices I don’t know how many really anything looks like this out there it’s kind of it’s kind of too perfect like wow but then you had uh oh we have to look At it I’m sorry I mean I know you go to sleep looking at like Commodities but uh here’s orange juice imagine your eyes glossing over and you you’re just not wanting to hear me talk about Commodities when orange juice you could have just longed orange juice Futures and you’re retired now So Jesus Chimes four orange juice Futures formally achieving today we’re formally breaking today it’s massive major 1.618 where you anchored from The High Point October 2016 all the way down to the 2019 low so and that’s that’s been achieved today golden mean ratio something spectacular Someone just didn’t get the memo man it was like orange coin good orange coin good orange juice good that’s the way it went from Bitcoin to orange juice will the orange juice Chads multi-billionaire Kings will they maybe rotate some of their gains into the orange coin again I hope so dude Because that’s maybe what we need here uh we can look at gold and silver and maybe just move on we’ll get some of these requests and we had like a couple gold had a good day you know it engulfed man truly engulfed back above 1963 um anything above that’s great for 2 000 Plus dollars so and the target of the wedge just the small wedge was like 2015 2014.attempting a rally still type one Return of the shark a type 2 could be coming but what we want to see on gold is a break eventually of Alzheimer’s this is Just like a mega range you’ve been confined in three years man three year range a lot of people I know think that this is like Wyckoff distribution going on too and fundamentally you think how in the world could it be over for gold you know like we’re we’re in late stage Currency domination like where it’s done soon I mean I don’t know how long it could again relatively speaking could like take it could be another we might not even be alive when the US dollar truly loses its complete hegemony right domination on the world but we’re witnessing it we’re Seeing things are getting insane people can’t like really you do work hard and you do the right things you can’t do that anymore because inflation’s gotten so high wages and salaries are stagnant completely stagnant so it’s like this dream of like going out and all right man I see people Hustling you know in New York and Times Square and they’re like taking pictures and trying to get paid for and it’s like I get it man I respect that but it’s like I don’t even I don’t think they can even like the you know they’re making this Money but it’s like three years ago it might have been like okay you’re getting kind of ahead or you’re keeping up now it’s like you’re just doing that to just be able to eat that’s how bad inflation’s the real inflation not the made up Rudy poop bull crap manipulated numbers the government And the FED throw at us talking about real inflation for anyone that consumes things everything’s up and will never go down ever and I think real estate prices right like today like almost all-time highs again average cost per home and stuff like it’s it’s crazy I should tell you You could have just owned orange juice Futures and you would never have a problem but that’s the issue okay like you just think about yeah I think a lot of us in here are fine a lot a lot of us are okay because we care about the markets we understand What’s we’re cognizant we’re very aware of these we’ve been aware of the money printer right remember like looking during the Kobe crowd like looking at the Weimar Republic chart hyperinflation all that yeah we were looking at it because that’s how much money we’re about to spend and then it’s Like cause and effect years later wow but a solo property that it doubled you know bought it it’s like doubled virtually in price around the double to 100 Mark so um don’t know but what I mean is like half the population the U.S population or like 49 or whatever Does not participate in the stock market half the U.S population does not pay taxes so those are the those are the people that are and and those are normally the people that vote in for hey you know redistribution wealth it’s too bad so okay it’s only going to get worse for those people Because this this thing’s accelerating the acceleration of inflation and cost of living you can see the acceleration and they’re not going to slow down on the money spending money Printing and spending like that’s what’s obscene to me and that’s when you just like that’s why I thought Equity is why they exploded Higher after that debt ceiling meeting because no one I’m talking no one saw that coming where oh yeah just unlimited spending bill or ceiling whatever no ceiling taken off no cap so that’s what you think like gold and how could it fundamentally how could it be going lower how could it be reversing Ah that’s crazy but you know no expectations silver engulfed yesterday whatever first Target of the trade setups 26 bucks you’re waiting for it man that’s it all right so yeah I had a couple requests let me uh check my notes here oh I don’t even have my total up Jonathan be mad dude Are you all here is this stream on dude I don’t like make sure audio level’s okay I know I don’t I don’t provide content man I’m just here to like give you some updates talk about the charts and education I know I’m not like content so it’s like okay Toto’s just really not like him here’s your total dude I mean like your second failed attempt to break the top of the inflation Zone and it’s a slightly lower high so for the swing Trader position Trader certainly not a buying level it’s just not a level where someone goes long and Buys it doesn’t mean that this won’t work out money would be the last thing people needed thank you dude even if this thing breaks upward and we moon to 1.3 or 1.7 trillion soon I mean someone I guess that if they wanted they could have a stop loss just like 1.1 trillion I guess you know you’re playing the fact maybe a back test of the high from 2021 and the low from 2021 right January and then June that’s what you’re that’s what you’d be playing you’d be like okay the back test has occurred again I think it would be okay to like wait a little bit and see if we get some price action on the slump if you were gonna do that but it’s just like remember the run you had and why you making a lower high here this is kind of like maybe the highest Risk area you could take for a trade for a long maybe lowest for short with a stop loss on a short above 1.2 trillion I just again man I’m just really not trying to bet against like total so it’s like for the swinger I’d be like okay I’m moving on I’m not really Interested in this I’ll look for something that’s completing a harmonic I got an 886 type 2 return bullish Divergence all that banana strategic level from like 1987 or something you know like I’m looking for something crazy like or enr ‘s a good one but yeah this just yeah maybe if like Total is like breaking this level and regarding an ass support you know like why like that’s just not happening yet I would really like to see that I could feel better about it but you’re just at the top of a range okay sorry Jonathan what is your stop loss Thingy Turtles thank you Jonathan oops yep stream elements up either I need to all right we do have a new day though give me a sec and I will play the Jesus jibes I’ve been doing live streaming like when I build sub whatever dude really hit the Sub hit it harder than you ever have so we can get 69k so then I can just retire and never say sub to the channel again I might have to re-log in stream elements down yeah stream elements is like screwed up dude what that five and a half years never seen this Okay yeah I have to read log in okay look at these requests man oh wow they changed things up a little bit all right all right thank you Oh a big one new day what that’s a nothing Burger that’s not really a great candle after the dump I mean this candle just for now just says okay the people that sold are not buying back yet they have not been bought back no one’s bought back okay so Lowest daily candle close uh yesterday since uh June 20th so 28 8 has technically not been tested even though it was so effing close men so so close I’m talking you see it though it looks close like oh it did no it actually didn’t if you get pinpoint accurate here two levels So you think that might need to be tested first and then we’ll see what happens at that point And then ethereum looking at real quick because you know is this Uh nothing Burger I mean dude it’s it’s dead dead market right now I mean for the most part remember like the moves that are happening in crypto are on assets that um are so illiquid that it doesn’t take much to move the price and it’s and a lot of times random news driven At a left field hole here just not a very good market for the swing Trader that’s but that’s okay it’s almost like all the animal spirits that at one time were in crypto are all in equities right now so can’t even be mad about it it’s just you know the streamer In me you know hey and people like you know a lot of normies get into crypto and I’ve used crypto as a gateway drug for years to get people into traditional markets because they didn’t even know that’s the that’s the rough part and growth 69k Subs come on man you know that’s We can’t get there when Bitcoin and crypto is dead in terms of price action not dead we’re going to zero remember we’re talking about there’s this massive transition of power unfolding daily right where you’ve got the olds curators of the market right the old uh facilitators of buys and sells for S Coins and Beanie Babies digital Beanie Babies that is changing right now we’re in that transition period and it’s changing over to the big boys that see it and they’re slower man they’re slow going right they didn’t even they didn’t realize Activision Blizzard or Nvidia a lot of these stocks Were were the crap you know for years like they were just so behind but now they see it and they’ve and you can tell they’ve weaponized the government against them the Legacy exchanges so you just you got a power grab going on just takes time in this Period I believe that it’s just yeah dead liquidity no liquidity just nothing so you just gotta bide your time and wait because the the craziness will be back it’s not yet summertime too what’s up Charizard eight Borgen mage okay so um what was the first request thoughts on inj on weekly daily So weird ew modern mRNA please looking at falling wedge since December and break out maybe hidden bullish Divergence on daily since March thanks chief they have changed it to where it doesn’t say the amount what they’ve done man like of course just leave it to hey we’re not going to change anything For five and a half years but we finally changed it and now we’ve made it real cute where you can see that someone super chatted and it’s not a tip or it’s a super and the Edition you don’t see the contribution amount can’t see it they’re Geniuses man it’s like these People obviously don’t live stream okay uh so let’s see here I don’t even know everything’s screwed up now my music’s not too come on man that’s really really weird so we’re gonna look at Jupiter on coinbase all right it’s just like I don’t need much information you know like the name of The person that what they said and then the amount the amount it’s all it’s like that’s not crazy that’s like completely normal wow all right here it is this is this is what our friend wanted Mr Caleb Shockley he says hey man um this joke is uh this pump and dump Is down at basement levels lowest price since March wow so you’re asking me and I to me it’s like I wouldn’t take action on it ever you could wait and get four point or there’s four tenths of one cent you could wait till it gets there to be the Lowest risk easiest area to strategize and stop loss which means it would have to lose another doesn’t look like it but it’d have to lose another 15 16 before it gets there but yeah there are these other levels where you could you know with Theory crap maybe it holds there Okay then you have a stop loss marginally below that level where it’s caught no bids really it’s just sitting there and then what happens if it falls below the level you get stopped out because there’s like five people trading you know this volume the volume on coinbase 102 it says one zero two I don’t even know what that means that means what remember you’re looking for like millions of volume currently says 102.for me what I do in this situation I said the space bar I just move on I said uh yeah it’s in the basement sure But it could go down 15 more percent and be even more in the basement and probably the best area either you might want to take along if you were gonna do it I don’t yeah 102 Geniuses yeah dude so picture me rolling thanks for watching man really appreciate that dude I do there’s anyone watching me on the Stream we’ve been doing this a long time let’s say over in the sunset that’s no fun though dude I’m already in the sunset you know it’s just more fun hanging out with people in the sunset than alone you know so Yeah dude we back dude I mean really if you think about Geo here it’s a very interesting chart yeah so this 734 level look at this all right it’s this high from 2005 it’s the low from 2009.
very very real level and so yeah after this massive drawdown Still making higher lows in previous lows and yeah maybe trying to one time no one knows second time everyone knows you got an engulfing candle on um well yesterday I guess and today some fall through off that 7 34 massive upside potential above that level we know that mystery Very seldom is the price just go above that level and not do anything I mean minimum 9 30 ten dollars eleven dollars almost always so if this truly it and there’s all this crazy Divergence on the RS it’s beautiful RSI Divergence it really is I would think it’s something to put on The watch list to look at again because you’re just talking about maybe it is being confirmed right now that there’s just too much demand and there’s just not enough selling pressure so the the sellers are like we broke the price man your typical loser failed breakdown not once but twice Yeah it’s actually not bad and if you get a little bit about look at this point and I know it could fail but like you’re just like I want to trade the gold thing you might want to wait two more pennies for it to break above it But views right now I mean you think oh okay I can strategize just by these two local lows that have been put in it’s just like targeting easy target right look the first one will be August 2022 High October 2022 High the Maya 2023 high that year for in the 200 days some Moving average easiest Target ever 4.7 to 1 reward risk sure you could strategize that way if you want now you’re risking a little bit to win a lot and it all makes sense if buyers can just get the prize back above this one last level that cannot be denied or Argued with it really is actually above the 2005 High it is above that it’s just below the 2009 low so it’s just in this little Zone here so it could be the lowest risk area kind of ever you know like right there that’s kind of perfect so it’s a good request Really good request from uh from one wheeler okay well chat LR has active and Lively as ever great stuff one wheeler clearly this man’s invested in himself so it seems Redfin nice one well just immediately looking at it and there’s just you know yeah I’m sure momentum shifted At all-time lows yeah back above 1360.
oh yeah yeah so here it is Redfin what a run you know but uh it’s kind of kind of just reminds me a little bit of like what was it we were looking at earlier Snapchat yeah they broke out But the run’s been it’s so extended I mean it’s been non-stop since November non-stop Red fan yeah you get a little consolidation some nice consolidation local double bottom right there marching in May so it’s not like you’re you’re not like longing some sort of awesome structure Above a key level you’re not doing that you’re buying really high but it’s still above the key level 1360.the target after that would be 1943.
so something that looks like okay and you can see like all right we’re using our imagination here I was like regularly looking at Redfin you could someone Could be like dude was this what was going on maybe yeah I mean like the buyers kind of reconsume control of the asset on this second low at the 200.I think the neckline was too too bad but like yeah you could look at it like that and Above 1360 1943 above 1943 probably like 25 bucks a lot of different highs below 1360 10 20.can’t really sign off on this as like hey man great to go along right now not really even though it’s about 1360.you just had a really good run okay Redfin inj an S coin Highly covered to this coin this one um I believe has googly eyes on it right inj has googly eyes because that was like what made it so popular oh also their team said that they were going to change the world and then they have good hearts and like they really Tried and all that yeah you know all those things that’s that’s inj like okay well back below eight eight thirty six so when you’re below that level after the context here is like you’re confirming you attempted the rally to confirm that the top Cent that’s the way it looks to me You’re an uptrend my God no one’s saying you’re not and as long as a higher low gets put in then 5.57 just another form of accumulation and you pivot and you run again but for now after what a spectacular run almost like a bearish shark pattern got a big old bear shark Pattern completed 886 yeah I think typical like this is like how these things reverse um so this is like a type one return too so we can come back again you know locally but when you look in and you had such an extreme classic bearish Divergence after That as that pattern completion Zone was being achieved right the high on price and then the higher high on price with lower levels pause the momentum implying a reversal at the 886 after the completion of a w seeing that it’s like the it’s like Leo DiCaprio point of the TV I’ve seen this Episode before I’ve seen this episode before but yeah I mean the sell-off could be mild it could be a again a 50 reach could be a bullish 5-0 just for now nothing to do but look at it it’s one of the key levels I mean Target Can be 522 from here yeah all right They’ve good Arts it’s all good dude I prefer my Beanie Baby have the power of flight that’ll be a good one all right moderna that random duder could you take a look at New Relic warakta also shout out to Jonathan loved and turtles do you I saw Turtles I went to uh Central Park this weekend in New York beautiful man I saw many turtles on rocks and I thought about Jonathan too as I looked upon the nature and the skyline I like turtles the turtles man represent nature and they represent really good things really really good things it’s gonna turn up Yeah it’s um it’s one that like had a pretty decent setup but uh Failure to Launch it could still play out the verdict’s still out on it but uh I mean the dive everything was there like the Divergence at the key support from history uh but uh no demand like Square same setup Almost at the first Target of that trade setup you said you you do the same thing it’s like this one failed this is why proper position sizing and having no expectations is so important just because a great setup develops doesn’t mean it will play out So it but it’s not over yet it’s not dead yet it’s just like yeah you’re at the entry-ish area below 118.50 it’s over you’re done you’re you’re like you you cut your losses quick and you move on your day while this one eventually sees 103 dollars yeah Continues to I mean this is like a right angle to send any running formations massive it’s like bearish continuation so uh if if like say the trade was to succeed it wasn’t to get truly like stop below this level for real and buyers were unable if they were able to defend This keep it going in the in like the bids come in upsides crazy but you have a Target here you know the target so easily would be the top of the range 46 to 50 upside just no bids it’s like Shiba no one’s buying it even though it’s at a great Entry area you can understand why the the buyers do have to come in and they don’t always come in so that’s where you are on moderna kind of reminds me of Disney it’s like you know maybe it’s set up just principle the principle of it man like Ugh all Those long square or something okay all right let’s go to uh you want New Relic or okta I get a pig nice man oh my goodness maybe oh my goodness I don’t know okay let’s go to this one I don’t know not particularly amazing I mean really not great at all it’s like Below this Peak from 2018 these levels yeah the whole charts are freaking m shape I get it reacted now get a type 2 later scuba types who return at forty three dollars uh to me if you’re below the level where there’s clearly been some sort of support resistance from history if You’re below it you can’t really go long on it you can’t really like right like what happened was it like broke the level then gapped down on bad earnings and then formally back tested what was always once the support resistance it’s now resistance again but yeah it could be like oh it’s one Load the second low it’s a good confirmation low but unfortunately on this chart the context is pretty bad right normally you want like a low than a second low to be getting put in like this but like it’s like at a key level but it’s not it’s below That level we already looked at it so you might want to wait to see if the buyers can get that price back to or above that level because for now it could just be like this massive shark in development like a bearish dragon pattern you know where you got Here’s your Here’s Your Dragon like a bearish dragon pattern and this is the you know right here is the demand line that you already broke the demand line so it could end up turning into an 886 later you want to talk about being someone who would go long on something you would Want the asset to look like this preferably you’re so close to that bad action magnet move you know where the high probability outcome if that level breaks sixty seven dollars gap’s Gonna Fill from 2022 and then the 886 down there what’s up cockatoo thanks man yeah I’m not I mean like Not really enough things intrigue me again this Wick low okay yeah also the controversy Continuum just I don’t know just based on like history like in research and stuff like normally it’s not like the best thing to do ever to like go long on an asset that has like created this potential wave structure like where oh this is gonna hold and it’s just gonna keep going normally it’s like It’s confirmed top and another draw down another wave down after but yeah I mean I’m not saying that’s gonna happen I’m just saying like all we’re doing here is looking for the most impeccable setups for low risk High reward opportunity Longs or shorts that’s it And we know 99 of the time on any given chart that’s not going to be there so it takes rigorous scanning every day looking well first off you gotta spend however long it takes to invest in yourself to to learn this stuff right to be able to identify that by yourself That that that’s like the hardest part the easier part is like after all those months years of doing investing yourself the fun part is like finding them t-rock also at a tight stop spot with growing daily RSI some good revenue on earnings today let’s hope Powell doesn’t F it all up I’m coming man I mean the craziness is coming dude and then tomorrow yeah it’s one wheeler thank you for the 20 continuing the super chats Kathy Woods Corporation Kappa well it’s inner Arc right and it looks like it right yep terrible my God this is garbage garbage Not many charts are really looking like this right now which is crazy man like like just every time price action occurs the argument just gets stronger for lower prices right oh guess what’s been confirmed from June to July Less Market participants that own this asset than owned that owned it In April that Oda owned it in February and November and so on and so forth really Ben uh closed at its lows today lowest daily candle close since July 7th but it’s just really like look where you are not even chain link was this bad you know I mean you’re just Getting to this point where 20 21 dollars then that’s it you know below that 15 bucks Maybe look at the 200-day moving average just down sloping price rejecting it just awful that’s tdog and Kathy Woods loves this camera of this is was the number one weighted asset in Kathy Woods fund let Me uh try to confirm that I might be wrong hold on give me two seconds and I’ll tell you all right let’s see let’s show it here oh no Tesla coin Roku Zoom Square pet okay it’s not it’s not much not much never mind it used to be did She just drop it all Maybe teslacoin Roku Zoom Square path exhaust DraftKings Unity I mean like the arc chart those all those stocks I just named off are looking really good like Wyckoff accumulation and stuff so you’re just really good at selling low and buying high so Yeah teledog I’m sorry that that just look man yeah you’re at a level where it’s so be it could just rally it could just Moon it could go insane I just you have to just keep asking the question if I have a finite amount of money Why would I put it in teledoc over the many other assets that exist out there that are giving us everything we could ever dream of right for a technical argument for upside greater than coin slip’s chance of up six percent after hours it’s up okay earnings yeah so earnings What is earnings inherently coin flow right so it’s up six percent so it’s so tomorrow it’ll just if it opens that way it’ll be um it’ll be sitting at twenty four dollars does that reverse the trend does that make it have a higher high in the previous highs no it Does not nothing so you know just like man just that’s just gambling the thing we try to do here is like yeah we understand it’s a gamble but man we can we can identify things that can help us have an edge on the casino versus just playing the casino 50 percent chance okay Thank you dude what if you don’t have finite what if you have infinite oh dude long at all then man let’s just do it great question fed coin great question like because you do have infinite money printer go Burr on everything Jerome dollar daily let’s go you know I’ll wrap It up with this this last uh it’s the dollar hey getting back man buyers defending 100 bucks we’re gonna do it yeah I mean 100 is a huge level so a false Bears breakdown has occurred in the past week yes not sure if it’s going to manifest it Could very well just turn into another lower high in the previous high as you roll over later okay but yeah we’re save again for now so we’re going there it is 29 158 and 28 800.
looks very close to being tested but technically literally didn’t get tested so I’d feel a little Bit better if we actually get a real test all right so thanks for coming out the road to 69 000 Subs on YouTube and then I can retire from ever saying hit that sub button because I don’t care then at that point we’re almost there man I mean like what 100 less than a hundred Subs until 69k that’s just ridiculous man like how can we how could y’all not get that to happen it’s up to y’all man I don’t I’m you know people aren’t searching for anything that I do so on YouTube searching for how to become a famous tick tocker Doing nothing so I appreciate the likes those support contributions everything in between join the Discord if you can do we’ve been they we’ve been having problems man these like Nigerian scammers found us man our Discord it was light dude the way I look at it it’s almost like morgoth has finally found gondolin Yup wargoth found gondolin argondolin which was our Discord server so now you know what happens next Okay so who’s gonna be a Rendell I’ll be back until next time perspect the t a Thank you foreign [Applause] Foreign Thank you foreign Thank you [Applause] foreign [Applause] Foreign Thank you Foreign [Applause] Foreign #btc #crypto #bitcoin Bitcoin (BTC), Gold, Oil, Stocks.Cryptocurrency and Stock Market Technical Analysis and News.#bitcoin #live #btc Send a Tip to the Streamer (NOTE: MAKE SURE TO ENTER YOUR USERNAME or you will show up as an “Anonymous” donor.) Support the stream with fiat: https://streamelements.com/mitchrayta/tip Support the stream with cryptocurrency: https://1upcoin.com/donate/mitchrayta Merchandise: https://teespring.com/stores/mitch-ray-ta-merchandise ANY REQUEST: $15 Minimum Join Our Official Discord at: https://discord.gg/mitchrayta My Amazon Wish List: https://www.amazon.com/hz/wishlist/ls/16WO8WJSXQ6DD?&sort=default Patreon http://Patreon.com/MitchRayTA Twitch http://twitch.tv/mitchrayta Twitter https://twitter.com/mitchrayta Instagram http://ta.mitchrayta.com/instagram Facebook http://ta.mitchrayta.com/facebook Stream Elements http://ta.mitchrayta.com/streamelements Emoji Balls http://ta.mitchrayta.com/balls source.