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The Future of Crypto: 120-Year Stock Market Signal

The Future of Crypto: 120-Year Stock Market Signal

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Bitcoin JUST Did Something for the FIRST TIME Since 2018 Crypto CRASH: Wyckoff Explained

Bitcoin JUST Did Something for the FIRST TIME Since 2018 Crypto CRASH: Wyckoff Explained

Bitcoin's just done something for the first time since the collapse in 2018 and what this has done in the past is give us an insight into a Time projection and a price projection for the next 12 months so if we can understand that for Bitcoin that sets usUp for a much easier ride as Bitcoin ends phase one of the bull market and enters phase two of the bull market make sure you hit the like And subscribe we've got a ton to get through in today's video as per usual as we cover the macro Cycles across Bitcoin cryptosStock markets and of course the real estate market as well now this is building upon all of the data that we've gone through on the channel from the previous video so if you aren't subscribed then you're missing out on key data points it's a full story toCome together and we just can't possibly fit everything into a 20-minute video as much as I'd love to in every single video so there's a lot to get through we just don't tell you the news headlines and say buy crypto that's absolute garbage so here we go let's kick it offWith the heavy data for something that's just happened on BTC for the first time since the collapse in 2018 that led into 2019 and I just showed you a brief little uh segment here for the woff update as well leading on from that previous video we did about six sevenDays ago here where we were looking at the possibility of this being an accumulation or distribution as the market was setting up to potentially break out to the upside and covering off that possibility of the collapse the distribution from that high point there was a lot of that going on aroundSocials there's a ton to get through so let's kick it off with the woff schematic as we can now begin to update this in terms of the phases so that it gives us a clearer picture of where Bitcoin sits now this is for Bitcoin not for cryptocurrencies the other millionOf them out there just for BTC and we'll get on to those other million crypto currencies in a future video which is why I always mention like And subscribe so the schematic here we're looking at is the accumulation schematic one we had the drop here into the selling climaxWhich is the SC and these are all just abbreviations here then we had the um automatic rally the secondary test into phase B which led into another secondary test in B then a drop into phase C basically the spring and the bear trap we can now almost confidently say thatFor the majority of people that this was a market cycle bottom in November so I'm claiming that as the market cycle bottom and I know that there are a lot of people that still don't believe that the low is in for Bitcoin but as you mightCome to expect or see over the course of this video and many others that when you start to put the data together that you really can't deny that this is the cycle low and we were talking about this being the cycle low at the time and the thePossibility of the the bottom being in around that June period as it started to make its way across a tightening trading range at those lows and then once this phase happened we broke into phase D then it was almost clearly evident that it was it was over there was no chanceThat the market was going to break back through that low we had this last point of Supply when we had the banking collapse and then the market took off again all of these uh very characteristic of the woff schematic especially through this period here where you had increasing volume comparedTo the previous volume as the market broke out and then as it was trying to pull back correct basically maybe profit taking from some of the Traders taking uh profits at these highs to sell off you had lowering volume compared to what you just saw so that is a keyCharacteristic of the wof schematic telling us that this is more likely a macro accumulation Zone than a distribution for the market to head lower so there are a lot of key players pretty pretty big Traders out in your twitters and whatnot looking at this being a distribution because they areExpecting a lower price we don't hear from them anymore because that has basically been proved incorrect which is absolutely fine to be incorrect in the markets as long as we can learn from it that's the main thing if you can't learn from the mistakes then you're going toMake those mistakes again so here we are breaking out of this upside in the previous video that I put up here about week ago that one right there we're looking at the possibility of this being a uh phase D or phase e so basically this being the breakout for phase D andThen moving into a phase e this potentially being the phase E I think we can confidently say that that is not going to be the case as we now see the market break out of this stage which is most likely the phase D and it looksLike we're heading into a phase e so what does that mean what is a phase is this going to be a bit bit of Heartache for the Bears what can we expect of it as a bull let's get into that as well but let's just clearly Define this areaAs phase D and why it doesn't look like the schematic I had a few areas of concerns here I think these are always important to go through the main thing I see with a huge difference between I don't know run-of-the-mill analysis and spending the time taking hours to goThrough the the the data itself and look at the readings here are how you use this schematic and how you uh apply it to the actual Market action because nothing happens exactly the way that a schematic looks and that's what I had a concern with in the last video length ofPhase B and then the phase D price spreads and and phase D top of the trading range so this was looking like well phase B is always so much longer but in this case it was quite short compared to phase D now that's of course assuming that this is all still correctIt seems like we are in that stage of course we we've only got one weekly close Above This level and who knows this week maybe we get a massive Red Bar a drops back under 32,000 and we have to reassess everything again it's possible you know we had that just back here inApril where the market ran up broke out and then swung back underneath so I'm not closing the door completely but it seems like the probabilities are definitely on the side of uh the accumulation so I'm keeping both doors open as we have to but as a Trader anInvestor I'm taking one side more than the other because I have to put my money somewhere and I can't just keep it on the sideline if I don't choose one my money essentially stays on the sideline I have to choose one and then I have to have the backup plan that's whatEveryone has to do if they're a Trader that's why you must have if thens for up down or sideways all right and then you take one position so we're taking the position of up of of course that's what we're looking at last week this littleWhite arrow is when I put the video up which was right back here where the dotted line is there is 10:00 a.m. on Monday morning there's 11:00 a.m. so basically I'm at my desk just after 8 gym breakfast all that sort of stuff here we go 9 10 11 and then put theVideo get get ready for a video and Reporting on what I'm finding that's where we were Market had broken out the following day the rest is history from that point so reflecting on where we currently sit with this breakout this recent breakout being the end of phase DAnd now we start to move into phase e we can most likely say that we're not going to see a phase D at that point and this was phase e it seems like now this is your phase D and we're moving into phase e so that takes out these particularQuestions here the the reasons I had last week were accumulation they don't all have to look exactly the same and in this case it seemed like we wanted to at least the Market wanted to continue to accumulate at higher prices than crash the market back down to try andAccumulate at lower prices and I believe that March bar that happened on the banking crisis where everything went absolutely Haywire the highest volume it had in five weeks that was a key reason which I pointed out at that time why the market would not come back down all theSelling had been done and then the buying just took off which is why you see high volume in that next bar but of course there were many that were still expecting a collapse when we can start to read that in far more detail that is where we're going to have our EdgeAgainst the masses of the market which we know 90% of people typically lose and there's not difficult things these things are pretty straightforward it's just putting the time into it to go over and over and over it which for most is kind of boring but if we want to getBetter out of it that's what we have to do if you want to know more about this learning about the wof schematic learning about the wof volume itself there is dozens and dozens of structured educational content here to get you going from the beginner to the immediate intermediate to the advanced as quicklyAs possible so that we're prepared for this next phase of the bull market and you can make the most out of potentially this next altcoin season coming up so that's where we sit with woff after last week I think it's important that we do an update there and so some of these bigQuestions which always come up and I see them in the comments section uh institutions won't be buying at higher prices there's a common I think misconception that own institutions buy at the bottom and then they all sell at the top I think that's completely Incorrect and my answer to this is areWe assuming that institutions always get the bottom correct I don't think so I don't even think institutions can be getting in at this stage or at least the fund managers the people who work for those companies right they're not going to be buying something at the low because the massesAlways get it wrong if they're buying at the low for their fund they're doing something different to the masses of other people in their business and if they get it wrong they lose their job if they get it right they look like a hero but the reward to risk for them forTheir job is not worth it I think the people who are getting in here are sort of Bitcoin ogs uh you guys hopefully on the channel where we were talking about buying up these lows people who studied the market and you understand where to find these lows so I don't think it's aA real thing to believe that well institutions haven't all got in yet they're going to crash the price back down it's such a to me it's such a dumb Nob thing to say to then weigh on that hope that the market is going to crash back down it's not really a plan it'sNot a plan at all actually this idea about institutions not getting the low and they're basically just sheep like everyone else buying on the way up because that's essentially the safest way to keep their job is something that I heard on a podcast with Arthur HayesHe was the one that came up with this and of course it makes complete sense when you think about it it was on a real Vision podcast if you want to go and look it up for yourself but essentially those guys have a a job to do and ifThey're doing something different to everyone else that is buying the bottom when everyone is saying no the Market's going to collapse we heard it 80 90% of people were saying the market was going to collapse even further then they risk their job they make cushy six multi6Figure incomes why would they risk their job on something that probably doesn't even pay off for them they just have to beat the market and the market really doesn't uh get those big of a returns so I don't think they're going to risk their job trying to pick these lowsThey're just going to jump on board when everyone else does and when the market gets even hotter then they can start to invest even more so they're going to be buying it at higher and higher prices just like they did in the previous Cycles I wouldn't worry aboutInstitutions coming back to collapse the market because they need a buy up low it's absolute garbage they're going to be buying High just like everyone else and that's how the Cycles continue to unfold as they do time and time again so phase e let's move back to the woff whatWhere does this leave us now in Phase e stock leaves the trading range did it leave the trading range looks like it trading range was back here at around 25k next uh demand is in full control and the markup is obvious to everyone that's what still leaves me a little bitConfused here I don't think it's obvious to everyone yet but Bitcoin isn't as popular as uh the stock market of course we can't deny that it's just pure numbers in in the data so maybe it's one of those periods that we're just going to continue to climb up little bit byLittle bit and then it becomes more and more obvious to everyone else setbacks such as shakeouts uh and more typical reactions are usually shortlived so maybe we do see a bit of a drop down but they are usually shorter lived new higher level trading ranges comprising both profit taking and acquisition ofAdditional shares AKA Bitcoin or crypto uh is that that's reaccumulation by large operators can occur at any point in fzee these trading ranges are sometimes called Stepping Stones on the way to even higher price targets so I think that's what's happening and we're going to go through a little more ofThis workof price cycle that's pretty straightforward accumulation marked up distribution mark down accumulation marked up distribution and so on we're going to keep doing that it's not going to be that clear of course that it's going to be basically along those lines over the coming 6 to 12 months which isA fantastic segue into what has happened to BTC uh the first time since 2018 into 2019 now this is very macro looking at the monthly swings this is part of the Gan swing indicator this yellow line here this swing is set up according to specific Gan rules and if you're unsureOf those Tia premium has you covered go and sign up learn more about these Gan swing indicators because this is the macro cycle at play and you can apply to all markets and it helps you with your trading and investing so that's our swing indicator here as well link toThat is in the video description now the monthly swing tops are very very important to this cycle we've talked about monthly swing bottoms but this essentially tells you the trend Direction what else we can do with these is attach a fib to the top of them toThe bottom and then find out where that halfway point that exact 50% level the 50% level from the previous cycle it broke out within approximately five months so we had that nice big break to the upside and then the market was range essentially range Bound for the following several monthsBefore we finally got that next breakout if you've been following on the channel you know that we're looking for a potential breakout of the macro 50% the bare Market 50% sometime around mid or so next year quarter 2 quarter 3 of 2024 where it breaks that 50% level like it'sDone in previous Cycles which then tells us we're probably roughly 12 months away from the end from the peak of that bull market so this gives us a lot of deep information about potential prices and potential time frames which are the most important not the price not these price prediction predictions projections yadaYada the time is the most important remember that and you'll do so much better than the majority of people so going back to the first lower monthly swing top which is critical in any trading and investing first month any sort of first lower swing top or first High swing bottom absolutely criticalAcross any time frame depending on which one you're trading now we can see the 50% level here at 6,500 so that trading range was essentially 10K to 62k yeah we had a bit of a breakout here to 14 which is 40% higher but look at the time thatIt lasted at those levels and look at where those closes were it was it was in a very high volatile period and then the market came back to settle in this Zone it broke down went to 3,800 but then it quickly came back up within the same month so it did breakOut of these levels with wi but where did it settle for the majority of that time well straight between those ranges okay let's take a step back what happened previously the 2014 bare Market the first lower swing top on the monthly chart to the cycle low well it hung outIn that zone as well once it broke through that 50% this wasn't as long as the previous cycle but remember the market ran up super quick within 5 months and then it hung out there for quite some time whereas this in this case it hung out below that level andThen finally broke up and then hung out in that level before it ran up so this is all important as we work on the premise that this is a breakout for woff and we're going to stair step our way up according to the phase e of theMarket so phase e then we uh start to head into Stepping Stones which are reaccumulation can you see I'm bringing all of this together to give us a better understanding of the market overall and how we can actually improve our chances of winning at this game compar comparedTo the 90% who who typically lose so this is all getting exciting for me we get to see a bit of a time frame and a price projection for this level even if we go back to the previous cycle to that so through your 2010 11 12 13 this isNot the bare Market of that range of course but you can see for the whole monthly range here the market didn't get going until it broke out of that 50% level so the 50% levels are critical or that's that was the only reason to show you that the the the 50% levels areExtremely critical that's when the pace picks up so we broke out of the next 50% level on Pace and we go back to 2019 we broke out on Pace put in a top and then we started to Trend sideways within that zone this time around here is the monthly swing toLower swing top to the cycle bottom 50% 31850 you can see how uh the market has been was being held up by that zone for several months we have 2 days to go before we can get a close Above This level that is going to be a veryImportant time for Bitcoin to see if this is what happens from this point and if we continue to trade within this zone so this zone is roughly around $32,000 to $48,000 which is that top that monthly swing lower swing top before the market collapsed from that point you'veProbably seen me talk about the other 50% level which I'll just quickly mention that's 42k and I think we'll have some tests at that maybe we'll have some Wicks to the upside and then start to settle all of these prices work in together which means over the course of let's sayRoughly 8 to 11 months and I'll tell you where I get get that from in just a moment course of 8 to 11 months we could potentially see Bitcoin trade between 32k and 48k so that's a big time and price projection over the coming 12 or so months Mark these on your chartsKeep a lookout for how the market reacts to these levels in particular 42k 48k and then of course down to 32k just because we come up and test those levels which I think will happen over the this next sort of 12 or so months doesn't mean that the market is getting ready toNever come back to 32k or 34 35k it doesn't mean that at all all we have to do is go back to the previous Cycles to see that well it can come up test those levels and then sit back in this Zone even test the undersight on some sort ofCrazy Black Swan event right I'm not trying to anticipate a Black Swan because black ones can't be forecasted that's the whole point of them but if we have a rough idea of where the market will potentially trade the majority of its time over the next 12 months thenThat allows us to set up our plan to better position ourselves for the bull market unlike majority of people who continue to lose because they don't have any plan set up and they just wonder should I be buying now should I wait for a pullback now we can have all theAnalysis in the world but at the end of the day if you don't have a plan how are you going to action this analysis analysis can just become analysis paralysis and prevent you from doing anything of course getting a plan is the absolute best thing you can do to makeThe most of the markets coming up and to gain that Financial Freedom to make that extra cash that you might might want for a house deposit a car a holiday for the family whatever it is of course the best place I know is Tia premium links are inThe top of the video description for that but we can continue on here looking at where we currently sit and what potentially comes next in the market so the reason why I got to this period this time frame here is that we're looking at breakouts of the 50% level from theCycle low that's 22 months I think the market will get to 42k and potentially break out of 42k within approximately 21 22 months so that sort of 2-year period that it uh that Bitcoin typically remains underneath key resistance levels it's done it in the past so we can seeFrom the previous cycle from the cycle low to the breakout it's 22 months so that's that green candle right here and that was the breakout of the 50% level for the entire bare Market range then we go back to the previous bare uh bare Market looking at the 50% here and itBroke out in November 2016 so cycle low is here right there 22 months again so roughly around that 2year period is when Bitcoin really starts to take off with the retail mans the time when retail gets into the market way too late and it's signaling there's probably 12 or soMonths left in the entire cycle so we have that in mind now that we can really set up a good plan here to action to make the most of potentially what we have left and for this period from where we currently are starting November whichWill be in a couple of days we may have as little as seven months maybe somewhere as long as 10 months and I think that will keep us contained in this period minus any sort of Wicks outside of them we're looking at monthly closes here uh that could keep usContaining here for about that 10 months between the roughly 32 and and $48,000 before we really start to get a kick on and break through 50 670,000 probably towards the end of 2024 now I said that one was a massive one for you guys I didn't even get through the Wall StreetCheat sheet I've got crypto fair and greed indexes to get through and more updates coming your way so make sure you are subscribed to the Channel Down Below like the content videos popping up on your left hand side question of the day for you guys in the top of the commentsSection let me know your thoughts down there right now I'll see you at the next one until then take care and peace out

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Bitcoin’s Historic Chart Warns: What’s Next in Crypto?

Bitcoin’s Historic Chart Warns: What’s Next in Crypto?

Free Trading Strategies and Weekly Crypto & Economic Report → https://tiacrypto.com/subscribe/ Trade & Invest in Bitcoin, ...

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Bitcoin Soars to K! What’s Next for Crypto?

Bitcoin Soars to $35K! What’s Next for Crypto?

Free Trading Strategies and Weekly Crypto & Economic Report → https://tiacrypto.com/subscribe/ Trade & Invest in Bitcoin, ...

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Bitcoin Is CRUSHING Key Resistance Levels Triggering The Latest Crypto PUMP. Will This Rally Last?

Bitcoin Is CRUSHING Key Resistance Levels Triggering The Latest Crypto PUMP. Will This Rally Last?

over the last several hours Bitcoin has climbed to 28 000 it is looking like it's going to put in a very strong close to the end of this week and also a very strong daily close this is also triggering other cryptos to pump as well so is this time going to be different we've seen over the last several weeks a downtrend is this going to be the pump that gets us through that gets the Bulls through and sustains some stability in the market before we test some higher prices I'm going to go through total three so the total cryptocurrency market cap of all coins with you guys looking out for any particular areas of resistance uh the ethereum USD price and also ethereum against BTC as it is also holding up relatively strong which is also a proxy for the altcoin market we've got some more macro stuff to have a look at for BTC on the back of our video just last week looking at some timing aspects for BTC so don't go anywhere hit that like And subscribe if you haven't already and the best thing you can do is share the content with a friend share it in WhatsApp Twitter whatever group it is go for gold and a quick shout out for the Aussies if you are getting caught up with the binance problems not being able to trade your cryptocurrencies on and off or get on and off uh the exchange with Fiat swiftx is offering zero percent trading fees and their 10 free BTC until the 31st of May so you've got basically two and a half days to get in on that link in the video description for that offer all right guys let's start with some of the major headlines or the major headline before we get into what's going on with BTC because this is probably one of those reasons why Bitcoin is pumping and the thing we have here is the agreement in principle with the US debt ceiling there has been so many bearish narratives we covered this just on Saturday and Friday every time these bearish narratives come up the market is shrugging them off this is very key to a wall of worry so bearish news markets going up that is a sign of a bull market and these things happen early on in the piece all the way through to the end of the market and so what we've seen here is a potential U.S debt ceiling raise meaning potentially more money coming into the piece and so just looking at the the data here potentially we'll see some more money come in uh in the likes of us has added 8 trillion since 2020 this brings up to 31 and potentially some more estimates of 4 trillion in debt will be added by 2025 so we could see the debt ceiling raise the limit to be uncapped until 2025. note the dates and the timing so you guys have been following the channel for some time understand these dates we're looking at a peak in the cycles and the real estate and economic cycle not the stock market the stock market might go in a little bit longer but we've got plenty of years to get there not to confuse it too much make sure you are subscribed to the channel because we've been talking about this uh rise in stock prices crypto prices real estate prices towards the end of this cycle and the Cycles looking like it'll peak in the next few years and all of these things are coming together to keep pushing the markets up so we've covered why we see the markets in a bull market there are so many bearish narratives that continue to circulate yet the markets keeps shrugging it off putting in higher lows yes they still have to have some move to the downside but then we get a push to the upside which breaks the previous tops and then another higher low and then a break to the upside this is a bullish Market structure higher highs higher lows here is the bad news markets rise here is the bad news shrug it off and the markets rise here is the bad news markets shrug it off and they rise again this is what we continue to see time and time again so one of the last key wordings or bearish narratives that we can potentially see is what is also happening in Germany at the moment so in the last few days Germany has gone into a recession but note where the recession is it's well and truly at the top it doesn't mean we're going to screen past a new highs or dump to new fresh lows it just means that maybe we need a little bit of time to cool off after being up for so damn long since the September low with a uh 37 rise in the market so just note about these bearish narratives in the background of a bullish Market 37 up 231 days up 33 weeks up this is probably going to take a little bit of time to clear the air and realize that a recession is just a word we trade the markets not the economy and this has put really really well by Peter Lynch one of the most legendary Traders or hedge fund uh traders of all time Peter Lynch more money is lost anticipating Market Corrections that is exactly what we have seen since October 2022 when the lows came in for the s p November 22 when the lows came in for Bitcoin uh no October 2022 when the lows came in for the NASDAQ and look at how high things are screaming there is going to be some corrections we've talked about that here is your low here is your correction higher low here is your push to the upside higher low this was a banking crisis look where the market is now Market to the upside higher low this was the regional Banks going down another push to the upside yes AI bubble all these sorts of bubbles that continue to form but in the background we have a lot of strength forming here so keep an eye on some of these key support levels we've got the previous uh loads that are coming in here in case of any sort of Corrections we are now past the 50 level so keep an eye on those for Corrections which we will do on the channel you know what to do like and subscribe so this comes through to your news feeds so that's what we're looking at in terms of the macro cycle so it's important to put that into perspective especially with the likes of the BTC scares as well to the downside so we've covered a bull market what we can expect to see the uh investor psychology that comes through in these bull markets a lot of people waiting in anticipation for a correction waiting and waiting and waiting with while they lose money basically losing those gains to the upside and what then happens is they start to fear more losses and that skyrockets the market in at the end it happens every single time in every single Market we see it in all coins we see it in big coins in stock markets we will see it in property we saw some of that in 2021 with property prices going nuts around the world everyone was freaking out that they're not going to get in now they've got a good time there's an opportunity to get back in while the market is down and starting to roll to the upside again but they'll probably wait and miss those moves so the the quote highlights a very common mistake we've covered that there far more money has been lost by investors trying to anticipate Corrections then lost in the corrections themselves think about that for a moment as we do this is what we've seen on bitcoin think about that quote and we can see the dump on BTC so basically holding out potentially if you've bought in the top hoping and waiting then people sell at the bottom because they think it's going to go down further Bitcoin will go to 10K that was a huge call last year and I think the call still hangs around but people are sort of waiting for that 18 or maybe 15K now rather than 10K so they're upping that lower limit last cycle they're all waiting for a thousand bucks and we only got to 3 000 in this case the cycle before that they're all waiting for a hundred dollars and it spiked to 150 but basically traded at around 200 so never got there and these previous Cycles it was sitting around two or three dollars now hoping for a dollar so this is very typical in every single Market it's just part of Market psychology so don't feel too bad if you find yourself in that mindset it's just typical of the markets and once you've seen it once or twice you'll start to know the signs of it and hopefully you pull yourself out of it and you uh understand what Peter Lynch is talking about here that more money is lost anticipating Market Corrections because once you get sucked in and hope for the low and the market actually Rises now and you see that it's 100 up from where that low Point came in you anticipate and hope for another correction it just doesn't come so with that in mind what we're now seeing on BTC was the hope for lower prices and over the last uh two and a half to three weeks we saw a low coming at 25 800 for a brief moment and then another low coming at 25 800 again so just a few bucks off each of these loads this was a 23 and this one's 75 so 50 difference on these lows to the upside for Bitcoin on the weekly which is about to close in five minutes you guys will see the close yourself it does look like it's going to be a reasonably strong close uh we need to see Bitcoin get above 28.4 doesn't need to happen today we've had a pretty good basing pattern here and like we pointed out in the video on Saturday looking at some timing for Bitcoin we've been down for I believe it was uh six weeks to this week and potentially looking for around eight weeks in this level maybe all the way up to 14 weeks which is what we have seen in the past through the bear market so you can see these lows come in at 11 weeks and we had the top to the bottom here in 10 weeks and then in some cases on the move to the upside there was 14 weeks so topped to the low here so that's why I'm looking at around that halfway point in terms of timing from the top to where we currently sit so we're sitting at around six we weeks now you can see that is at about halfway in terms of timing it's possible we have a little more time here at these levels between 26 27 and these upper levels here at 28 29 000 for the market to figure out is it ready to move this is just part of the timing so looking at the bigger picture there is still some time here for the market to decide whether it's ready the key for the Bulls is if we get above 28 4 and start to consolidate above that level that is going to be a a very critical level so far it looks like we've come back down to test somewhere around the 50 and remember the calls that were made here everyone was anticipating 24K they were hoping for a break of 22k they thought it was going to break 19 and a half K and so far it hasn't happened so we just don't want to be in that basket like a lot of the investors whether it's retail or hedge funds they do the same thing they lose money in anticipation for a big Market correction so get your plans ready and have a look at what's going on in the market look for these key levels for the breakout to the upside now in terms of strength I have a look at ethereum and cryptocurrencies as well the total one market cap that you can see here on the side uh it's up 3.6 in the last 24 hours total two this excludes ethereum so everything excluding ethereum it's up 2.7 and total three is up 1.7 now this is going to reset at the end of the day in a few minutes so just keep note of those those figures now it's only up 1.7 so Bitcoin that's included in this one up the highest this one has ethereum also up as well but less than if Bitcoin was included and total three up the least which doesn't have Bitcoin or ethereum so what that's telling us is this charge is being led by Bitcoin and then it's getting the the profits are getting shifted over into ethereum and then altcoins are coming second overall but there are some altcoins which are popping off more than the others and you can see them on the side here that have a stronger uh BTC push to the upside so that's actually gone into negative but you can see Quant two percent which means the US dollar value is going to be 5.6 whereas for Bitcoin it's only at 4.5 so there's going to be some better trades to be had out there but we're just looking at a broad overview here for the market so let's jump to Total cryptocurrency market cap 3 which excludes Bitcoin and ethereum because what we're now looking for is a move to the upside if Bitcoin is able to sustain this move to the upside maybe even hold out here break that 20 8400 and consolidate then that puts some of the old coins in a good position to then start popping off and uh bringing up some good trades there because there is still a fair bit of room to the upside to move before it gets hit by our 50 resistance level at 370 billion currently sitting at 352 billion which gives us 5.6 to the upside and of course for the degens Among Us which are trading on Leverage then you've got a better percentage move to the upside so keep a lookout for where that resistance level comes in for your altcoin that you're trading so overall the total Market has a little room to the upside to move before it is met with a significant level of resistance if in fact it's able to get above that level then that's going to be a good consolidation area for those altcoins so they can probably or possibly test that upside the macro picture that we're looking at here for all coins is that this is possibly but not guaranteed to be an accumulation zone now I'm hesitant on that because we still have a fair bit of time to go within this Zone similar to the last period which means we still have the possibility of breaking down these significant low levels which would then put it in another distribution pattern but nonetheless on the short term maybe there are some moves to the upside for some of these cryptos if Bitcoin is able to maintain the strength here so there are a few things way on that which is why it's still quite risky to be trading alts definitely have a plan like our Tia premium members do making some pretty epic games here 219 these are the things that we looked at after I showed you the other massive gains from last week I've also got 100 here from Giovanni so well done to you guys if you guys want to get involved with this check out the link in the top of the description before our price Rises for Tia premium uh sign up to the newsletter you also get a discount on that as well so links in the top of the video description so that's total three there are some games to be had there we still have plenty of time to go I think in this move we can see about 80 weeks from the low to that significant breakout and you can measure it somewhere between 80 weeks and all the way out to about 100 weeks this time around we'll see maybe it might be a little quicker at 60 weeks but if we look at what's happened in the past using around uh 80 weeks so coming back to this level here then that takes us out to somewhere in the summer period of 2024 so although we could be getting excited in these early stages there could still be some movement to the upside or basically sideways period with some good trading ranges until we get through to summer in 2024 for us here in Australia winter in the middle of the year of course we'll continue to follow all of that up on the channel so make sure you do like and subscribe and obviously share the content with a friend now on to ethereum as this one has been a pretty big one for many analysts who are expecting lower prices than this low here in June of 880. so far ethereum has been putting in some pretty significant higher lows now it hasn't broken past these tops like Bitcoin has but the lows have been relatively strong and you can see to the upside now at 1939 so that's our halfway point you can see here from the current top in April to the bottom in May for ethereum to get above for that resistance level so like we covered with the old coins there is a bit of room to move to the upside should Bitcoin continue to remain strong and potentially find a little more strength above its resistance levels as for eth it's getting close to that resistance level now probably only a percent or two away from 1940 after having a reasonable bottom put in here so in terms of eth and the hopes waiting for the downside going back to Peter Lynch's quote here more money is lost anticipating Market Corrections the market not my opinion but what's going on in the charts for the market of eth seems to be these lows continue to hold and hold and hold and it continues to climb so in case some investors are on that sideline waiting in anticipation of prices to go back into the triple digits maybe think about putting posting this on your trading room wall in your office or somewhere more money is lost in anticipating Market Corrections because what the market is telling us at the moment is that there is probably some reasonable strength in the background based on many fundamental factors but even if we don't know about those we know about the chart we can see some pretty uh Hefty lows coming in you move to the coinbase Chart here throwing the volume on you can see it's very very significant volume coming in at the June low it was not able to break that June low on the FTX collapse low so remember the dates and the news events that happen now it's very severe news events so this one here is November 2022 extreme volume so the most extreme volume eth has ever experienced in its entire history on coinbase one of the biggest markets in the world that has a lot of volume so huge volume in its entire history the market was not able to break the June low keep that in mind if you're anticipating lower prices of 1100 it doesn't look like the market wants to go below that sort of 11 or 12 hundred dollars I'm sticking my neck out here to explain that but I'm just following what the chart is telling me and what those investors are actually doing not what they're all hoping the market to do so we've just seen the market close Bitcoin has closed relatively strong now the key level to watch this week is 28 400 to see if we get some daily closes above that level and then eventually the weekly close after we've covered these weekly time frames to the downside we're getting close to the end of a move here let's see what Bitcoin can produce over the coming weeks on the back of the old agreement in place for this U.S debt ceiling crisis yet another crisis in the ever never ending wall of worry hit that like And subscribe share the content with a friend I'll see you over on Twitter for some Mega updates over there and until next time have more fun to get more done peace out guys

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