It's time for Power Hour Just There's so many places I want to kiss you baby I can't even begin to St I realize I'm not the only man that ever made love to you but I'm the only man that knows how to keep you okay baby everybody's M I believe You There's so many places I want to kiss you baby I can't even begin to St is this your homework Larry you see what happens Larry made love to you but I'm the only man that knows how to keep you okay baby your body's mine I believe You hello TRS uh welcome to the Stream it is the weekly candle clo stream kind of a tradition where we would go live 60 minutes before the weekly candle close and this week it is especially special because it will be the highest weekly candle clo we've seen for the year of2023 fact you go back uh longer than that where you're looking at the highest weekly candle close since April 25th of 20 22 if you look at the weekly chart you understand there's really just not much of anything here until $38,000 there's just not manSo all we talked about on Friday was how things were overheated on like the daily RSI but that's it's okay that happens on first impulses and normally when there's a pause it's for those oscillators to reset to get out of too overheated territory and pull backSome uh that happened a little bit but it is re we got some major strength going on and as I'm speaking to you on the weekly Bitcoin breaking above overbought territory for the first time since April of 2021 cuz you you got close in April ofThis year you got close in November wow isn't that crazy to think about that like November 2021 was like the highest that was 69k on bitcoin many altcoins were killing it right still didn't get over bought you are higher now so you could imagine what happens when Bitcoin on the weekly getsOverbought I mean besides that one time in 2015 where it hit 72 in reverse look how far look how high uh the RSI gets go to 80 84 79 and then at one time 90 almost 95 in January 2021 that first time Bitcoin was hitting you know the 60s so uh very interestingDevelopment on the weekly RSI interesting development with the highest we candle clo coming interesting development with the hidden bullish Divergence right the second low higher levels negative momentum the bullish continuation implied is playing out out the follow through off the very real bullish engulfing candle and formal breakout candle last week that you'reCatching the follow through this week so that's that is fantastic data and your first level positive momentum after the Divergence developed and the great news is witnessing such very real undeniable classic bearish Divergence it manifested into the highest low of the year or confirming the highest low of the year and then againHidden Divergence so the bearish Divergence was somewhat reliable to a degree but it underperformed miserably and then a bullish Edge developed after and the bullish Edge became not just reliable it is certainly to a degree outperforming right now so H who's in control of the market buyers are in control and they'veBeen in control of Bitcoin whether you believe it or or not I don't really care if you believe it they've been in control since the beginning of the year that's it and it's been that way the most recent discernable events before this pump was the highest high of theYear and then the highest low that's it so all the Head and Shoulder Bros up thrust after distribution Bros they're homeless they're in shambles they're crying and they they based on whatever they assumed if they were actually acting on it they made nothing on this20 plus% pump in less than two weeks or so about two weeks now okay Tren is your friend and uh Bitcoin put on a a sermon with that this year beautiful what's up fried cash thank you dude had my like first like uh personal trainer session today I mean like youKnow had one but it was like not as formal this one was like the formal one you know and I am like de now like I'm wiped out thanks dude run a node he says you run a node tell me what to do thanks dudeUh so just a bunch of really nice things something I did not say is like in 49 minutes anything's possible in power hour and you're so close to a pullback here it's not going to happen but if all stays the same as it is now or higherYou will be in 49 minutes confirming the highest daily candle close of the year 2023 the highest close of this uptrend we've been in since the beginning of 2023 and the highest daily candle close since May 7th of 2022 so that is your reality if the strength holds in PowerHour jily oscillator yes it is it is 83 it is hot it is it is overbought but it is not quite 87 to 88 where you were seeing earlier so pullback but not much man and remember what Bitcoin is above all Bitcoin is a on a chart is a momentumDriven asset class the momentum is certainly with Buyers right now I don't know what world you're living in to say the buyers do not have the momentum here on this asset there is no exhaustion implied on The Daily 12-h hour weekly there's no exhaustion there was no bearish Divergence argument thatCould even happen it was too violent a price action and normally when that happens like that's the first impulse and normally you'll get a a minor pullback which I you haven't even gotten I think what's happening you are still in the same impulse here event like an XTo a think about X to a eventually you'll get a A to B B to C situation that that'll happen at some point oscillators will really reset but at this current time there is this is not the same impulse this rally you're seeing the and the pullbacks tell youThat they dictate that like if this was a real pullback from your discern previous discal swing low to your swing high at this point You' have to see a minimum of a 23% retrace to have valid Fibonacci anchor points you do not have that because the the retrace was far tooShallow so again you say same impulse then until somehow Bitcoin sees 32740 minimum so my God man that means again I've just you look at the weekly it's like wow 38k that's it nothing else see what happens man looking okay hey let's let's check on uh fed going toDo anything uh to fix this problem our government's going to stop spending uh us into Oblivion literally uh no no okay Bitcoin bullish you know it man well we were discussing before this breakout that there was the path of least resistance on bitcoin even before the breakout was up not downThere is far more resistance which would be support on the way down than there would be resistance to the upside so and you broken it and and there's still like nothing here so okay uh we can move on if you want we can look at Bitcoin dominance first before we even look atEthereum because this is the Bitcoin show as long as this keeps rallying like this it's a Bitcoin show one day maybe just that's a big maybe one day these altcoins will take back over and we'll see huge red candles here but sorry Larry not yet not and who knows how longIt'll take I mean the Target still is 60% Bitcoin market cap dominance you're at 54% so uh it'll be the highest weekly close since my God man that's crazy it'll be the highest weekly candle close since March of 2021 and some great news like the weekly moving average you'reYou broke it last week and what the follow through this week crazy all right see you at 60% now we can go to ethereum if you're uh so inclined here it is here it is ethereum still above 1728 good getting back above uh the 200 day simple moving averageToday good engulfing the previous daily candle today good anything above 1728 you cannot be surprised if there is a move to 1972 because historically that is almost always what happens it's not my opinion I'm not making this up this literally looking at historical price action between 1728 and$2000 that's it so that's that is your target area until the price Falls below 1728 but I'm understand if it continues to underperform that that's been the case and uh we can look at the the in the Bitcoin chart if you broken a supply you haven't even tested the supply lineYet here uh there's a lot of work to be done and unfortunately Bitcoin still is technically Superior in all regards than ethereum it's just like that it's been like that yeah so the engulfing candle last week great news if you are an ethereum fan uh you will be formally closing back aboveThe 200 week simple moving average for the first time since like August 21st which is not a big deal but I think that is amazing that uh you got all this this like flirtation here and anytime you get back above it after multitud of times you're all right and I think it's justAll about Bitcoin here this is everything to do with Bitcoin there nothing to do with ethereum and vitalic butterin okay nothing they've done nothing fact it's all gotten worse prove a stake what a joke it is right literally riding all the altcoins too riding the coattails bitcoin'sBrilliance okay and it's use case for where we're going in this world okay back at the 23% retrace from the all-time high to the low we saw in June of 2022 all right cool uh if you want a common retrace between 2400 3340 that has been the caseFor a very long time it's just when you going to get there I don't know but that's common retrace levels what's up Eric thank you for the 20 he says cheers salute chindon whatever yeah let's go dude where's the Goin ghoul thank you all right let us look let us take aGander we have to cuz it's relevant okay it's like hey man this chart is should I own ethereum or should I own Bitcoin I mean I just it's people are going to come in and and they're going to have their arguments and they've had their argument they continuously I meanIt's like I get pinged like for years now on ethereum bitcoin chart it's getting better it's wedging it's doing this it's hitting support and it's like the the most recent discernable event on this chart is a formal bearish back test of the massive trading range as resistance that'sIt literally it and in uh 42 minutes fall stays the same or or worse it would be the second lowest candle close since May of 2021 I just like that those things are just not bullish at all they're not I don't really give a crap what happensNext when the new data presents itself and it's not Rudy poo bull crap land then we'll talk about the event that actually occurred in right in real life but until then keep spitballing keep keep being the guy keep doing it man keep being this guy keep being him like every day y'allDoing this when are you going to learn old man we have to wait for 2 million STS on ethereum for you to just finally just give up are you just going to keep coming up with your arguments on why something's looking like it's going to be all rightMan when the data comes in then you know like the data would dictate the information like the charts the candles the price uh the movement like if it came in and got back above 5.6 million I would be the first person to talk about it to say that's that's anInter in development let's see if the buyers can defend that level the confirmation of a back test and then let's start seeing if we can make higher Highs but none of those things have happened so they're just not worth talking about right now okay good luck um let's go to xrpThat my God man you know just tweeting about xrp because in my opinion right because I have the freedom to tweet if I want to in my opinion I think like what's happened at 54.6 cents and what's happening currently is really good and I think it's someone can strategize thatThey want to but there would be other people on the internet that uh would call me frauding what is it defrauding my my viewers or something for saying that I think xrp has broken a level and I think it's back testing it formally now when when you look like right thatLevel's there and then you can see only resistance only resistance only resistance candle closes never happened Above This level except the news pump dump right but then afterwards you can still see the reconfirmation of the levels validity right where no candle close above it only tests and failuresLook only tests and failures but now something's changed okay this is this is just like reality right what's now happened well now the buyers the are are settling up the the price is settling up higher than that level that has never been you know broken and closed aboveAnd now it's like being kind of back tested and you're catching some good price action above the level I mean that right there that's just just like my opinion man and I'm entitled to it and I think that's that's a really good I think that's kind of like a breakoutBack test of a certain level and I think the target 76 cents in time assuming Bitcoin just doesn't crash crazy dude yeah I it's like you got people like out there that actually like 90% of the crypto I'm not even in it it's like 90% of the crypto communityCommunity like swindling people with affiliate marketing links and ads and that's that's it right I'm just on here just trying to teach you what I've learned over 14 15 years of technical analysis and trading that's all I'm trying to do man and I'm not accepting money from anyone uh to promote anythingTo you right you know this 100% crowdsource so it's just like defrauding man yeah dude say that when there's just so much real fraud going on in this world anyway that's XR P we can go to B&B if you want to I know no one really cares so 75% today we understand thatNew data is coming in that is interesting okay it's no longer just oh this sucks so bad it's trash garbage it's kind of like well you cannot ignore the reality of 225 kind of holding ass support if you're above the 225 level you're good you're you're safe if oneWanted to strategize entries they they're more than welcome to they can and they would have reasonable reward to risk certainly like say the back test occurred and Bitcoin went berserk and and then eventually like the altcoins woke up and B&B was one of them I meanThis is the level this is the level where people take shots on failed bearish breakdowns it's just it just is what it is man I can't help that I can't help that like the sellers failed miserably from August all the way to Mid October to dump this thing to 40 bucks pizzaParty they the sellers failed and that's information and I'm telling you about it now old support history is kind of being regarded as support again and you're like at it right now long coin because Brian Armstrong has a shiny head so Greg P I mean hold considered wealthy I don't know manLike what how about this how about we defer to chat how about chat you type what you think how many Bitcoin does one need to hold to be considered wealthy it type in like you know like actually what you think not some bull crap oh you're so cool dude you're goingTo you're going to like make a joke out of just a question I'm asking to you right I'm I'm being like just kind of be serious what do you think you know some people say saying one I mean sure in some parts of the world itProbably is all you need you need is one one Bitcoin in like a country where there's hyperinflation yeah dude you're solid I right I mean half a Bitcoin at that point any Bitcoin just remember what's happening okay these central banks now like they are backed in a corner they've got noMore chest pieces they got one left and you work every day your labor is trans your labor and energy is translated into money but the people in charge continue to devalue your labor and energy that's what's happening as they print more and more than before as the United StatesDeficit continues to go parabolic and Skyrocket uh so you are you're you're just like in a really bad situation that you're almost working for nothing now so you really like if you're participating in this world you know you got to find yield CU your purchasing power thePurchasing power chart I I I don't think you can find it I don't think it exist like it is crashing the purchasing power of anyone in in the Fiat World US dollar euro is even worse man uh Japanese it doesn't matter any like real Fiat is crashing and purchasing powerAnd now you got like J Jamie Diamond like selling millions of dollars worth a share his own shares for the first time and like I don't even know if ever done boomers are going to be hitting the ejector seat soon on this market and they won't be returning because theyNeed the money to survive because of inflation being so high their social security is just not going to go near as as far and they will certainly need that money and they can't be speculating on stocks or owning crypto they they can't so and who's who's going to who's goingTo buy the bonds who's going to buy the US bonds I I really want to know like for real cuz us us uh or the central banks they've stopped purchasing bonds that's what quantitative tightening is right so I don't I don't and then we know China is at like the lowest levelOf US Treasury ownership in 20 plus years or something right since like 2000 and and Japan has to sell their us bonds to defend their own currency like there no one buying no one buying bonds so the yields yields you think would continue to rise and if that's all the same thenBitcoin's going to keep going because that's what's been going on we have a direct inverse correlation or you know between like Traditional Bank stocks and Bitcoin so what we going to do man no they're just going to keep printing they're going to keep we're going to keep keep getting inDebt the work you put in every day will continue to be devalued so you don't even want to start you don't even look at it like Fiat just look think about it like your energy and your work to this world and to others will continue to be devalued ifYou look at it like that it's a lot more serious and it would make you it would be sobering it would uh cause you to maybe think how could I what could I do I mean my god dude and it seems like owning Bitcoin H has been kind of theThing and you just got to wonder will will it continue to be the thing I mean technically nothing there till 38k on the weekly someone say 40K too on the daily whatever but uh and again I just like oh you could just buy a six-month oneyear treasuryBond the government's like you want to give a loan to these effing losers that are causing this entire problem to begin with you want to give them a loan these are the the people that I'm not kidding these are the people that no one asked for itNo one actually voted for it to open all the borders to the Western World first world to let in third world migrants who don't even speak English or any native language that will not assimilate this is same these are the same governments you want to give thesePeople a loan that now we have over 100,000 people in America dying of fentol overdoses every every year or drug overdoses these are the people you want in charge it's crazy man it's it's insane so it's like you really I I I fundamentally don't I'm not gonna IDon't want to do it I don't want to buy t-bonds because of that they don't deserve that at all all right let's uh let's head on over to Total sorry I like total format's been a little different we've been a little bit spicier on theUh you know stuff outside the TA but it all correlates man so what are we doing here 31 minutes of all stays the same or higher it would be the highest wow once again did we do we didn't do it before did we oh my God we're going toPlay some real Jesus Chimes man cuz look at this uh now Bitcoin did it but not total cuz all the altcoins are weighing this down uh you know October 25th you had your highest daily candle close since April of 2023 but something's happening today where in 31 minutes you would beClosing at the highest level where am I what the oops yep You' be closing at the highest level officially since June 6th of 2022 so it would be highs of the year you have not yet done that but in 30 minutes you will be and that's spectacularGood stuff man I mean these are great developments over here yeah I'm an air doing stuff man tweeted about it posted in general chat and patreon chat everywhere chat XMR man XMR XMR Monera the most pure and Powerful form of true digital privacy ledgering that you could uh youCould get there's nothing like this just like Bitcoin nothing like Bitcoin to a degree but this takes Bitcoin to another level where it is untraceable that's why you cannot buy it in the US like uh exchanges with kyc like it's not available on coinbase for that reason because it's untraceableTherefore tax evasion and being used for nefarious acts but don't even start with that because how how much money is used how much cash is used to commit atrocities around the world every day yeah it would Monero would never even come close to cash in that regard soAnyway what's just happened today and in fact in the past hour or two XMR has achieved its highest level since February taking out the high we saw in July and kind of maybe if you look at this swing high back from December 2020 you're attempting a breakout a breakoutOf a level that looked resistance started there and then it became a formal support in February 2021 uh then it became a resistance in August 2022 and once again in July this year you're breaking that you're up almost 7% this thing is pumping like it hasn't pumpedIn a long time because even here like in June these rallies were were nice but there wasn't one Jesus candle this was a multitude of just standard green candles look at this candle unfolding before our very eyes the Momo shift what was once support became reconfirmed as supportAnd you could be headed easily to $186 70 that's that candle High close back from January 2021 okay above that oh man oh my God you know maybe 205 but really the Hard Target 28 2 to8 289 up there that's the big one look historical price action above186 straight up down up down up down up down up down up down it's just a very IL liquid area and there's not many General consensus areas for a multitude of Market participants to set up limit cells that's normally what happens at inflection points all right beautifulStuff on Monero we've been waiting 84 fing years but accumulation been going on for the greater part of a year so Rejoice if if it's not now like if if the use case for Monero I I think right now um the use case for for Monero is at its highest point in inHistory right because you have you now have like this look the Israel Palestine Hamas like whole you know that is a major conflict and you can see how around the whole West if not the world there is Major Division and it's like irrefutable division there is no well I'm going toChange my you know no PE some people are like straight up never going to change their mind about supporting Hamas and Palestine and then there are people on the other side that that this exact opposite energy like where all in Hamas palestin all in Israel no matter whatAnd you you see the riots or not riots but you see the protests around the West like that stuff if you have some people in financial institutions that have complete power and they feel the opposite of how other people feel they might very well say you know what you're supporting terrorism so yourBank account's gone or vice versa if you're in another part of the world like you support Israel and we're in a in a you know a country that formally supports Palestine Hamas or whatever your bank account's getting shut out so I'm saying both ways Monero is like kindOf the answer you know for everyone on both sides all right sorry that's kind of like what I'm thinking and kind of my my you know idea my opinion man someone be like no dude it's not like so I don't really care you can say what you want I'm saying what I wantOkay and that that's not me saying all that it's not me peeking aside man I can't believe that pick aide it's like bro leave me alone let me just do the TA in peace let me live in Miami in Penthouse okay let me get jacked the personal trainer in peace leave meAlone Jake I understand that that's why I said both entities that's why I didn't just say Palestine I said Palestine and Hamas I separated them because they are not the same thing do you get it all right so uh fantastic moves coming in on the most powerful most secure privacy token in theWorld let's see the alert goes off I just added another one so we can continue on the old dusty trail of uh cryptocurrencies uh we can look at soul that has been doing great Cody soon so I'm waiting for it to come in it I think it'll be in like tonightTomorrow all right so soul is very close it's it's too too close to say but have all stayed the same now or higher Soul would be getting its highest daily candle close since November of 2022 so almost 52 week highs uh you knew like anything above 2666 long enough you have a hardTarget at 3736 that's still the case just on the away man history tells you there's just very few stops until that level and then if you ever broke that if buyers were ever able to capture prices above 37 36 long enough you got upside Target it startsGetting kind of weird you know you could say 44 maybe but probably 4860 uh this one though has looked a lot different than many other cryptos most of the cryptos have not been bottoming in December almost all of them did bottomed in December they did U and thenThey rallied but then many most altcoins came back to test those levels or came even very close and then rallied again and but then started putting in lower highs and started just bleeding out and that's you know kind of around where they were all seeing the lows fromJanuary of this year that this one was making much higher lows 78% retrace um and then you know this level from history that's so real uh you up thrusted through it and then the buyers you know formally back tested it as support and that's that after that it'sJust 200 moving average tested you're running so momentum shifted uh there was just far too much demand to put to ever test these lows and that's what happens something's going to give after too many failed tests from sellers but wait there's more I don't know which oh like one likeOne's dude look at this development okay this isn't like me saying I know what's happening next I don't know ever what's going to happen next and I'm humble and understand that right and you should act you should have that mentality too uh unlike everyone like 90% ofPeople that are in this world act like they know what's coming next and they're a genius and they're so smart and they're kappos and captains and the goats and you know whatever they're so smart dude okay well look man I'm just telling you what's happening $66 okay there's thisLevel just my humble opinion I'm nobody I'm nothing okay I'm a joke but look swing high from 2018 swing high from 2019 look at the price action when that level actually breaks quick run to 84 and then another test for a rally and then a dump and then look resistanceBefore major markdown and then for a bullish back test before rally okay and uh you know we had identified this stuff going on in December 2022 March 2023 but we know this level is so important it was resistance but now something's happening where you've just putIn you can barely tell it's very subtle man subtle pieces of data here an HL a higher low and then after the higher low a spring and then a back test of spring which is what the arrow indicates so this is an area where I'm just sayingYou don't have to ever and but after a spring back test occurs that that is ex is exactly the actionable area it just is because after spring back tests are occur and they're real and they're not fake if they are fake which sometimes they can be they can be failed that'sThat's why one has a stop loss setup you take on the minimal losses you could possibly take on if you're trying to trade the historical level we just looked at right easy target of $84 because historically we know that's the the level so it's literally this simple it's an actionable belong at thisCurrent time based on the event of the higher low than the spring back test 3.9 to1 reward to risk if one was inclined if they wanted to they could why would the stop loss be at like 6493 or maybe a little lower because if the price Falls below this level now theWhole reason we went long was because of the spring back test right it's a technical indicator that occurs when the asset Falls below key level but then buyers defend it and then they confirmed the defense of it with a back test right if you if you're falling below 65 76 atThis point it's not a spring back test it failed therefore why would you own an asset that's not actually back testing the spring you would so that's why this is such an important level such a critical level and this applies on any chart any Market man it's Universal it'sLike math so this is like educational where it doesn't have to be like want be Google Apple Gold whatever you're looking for this you're looking for these developments to occur all right so that's Litecoin nice very nice development can't tell you if it's going to outperform bitcoin they they seldomDo maybe this time's different maybe yeah litecoin's the key I don't know man bitcoin's just Runway train right now all right yeah yeah no no no I got I got you I see what you're saying dude um I saw a little request for coin bro we're goodDude hold on I got you though yeah coin well no remember my audio is not on over here I can't hear Uh Oh I thought you were talking about oh never mind uh no there's been no request today so re Get Wrecked noobs so that' be what is it you'reThinking if you hold at least one current blocks worth so that's 6.2 5 um I don't know like so sign all right Greg what's the significance of of owning one current block of Bitcoin what what does that mean so if you own only four Bitcoin and not 6.25 what advantages does one haveOwning 6.25 over four except you just have a higher multiplier for upside on price speculation right I'm I'm talking about like what does it do man can I start my own note uh what do you what can you do cuz I'm not like I don't really know andI'm not I'm being genuinely curious I'm not you're up Charizard what's up M can we look at Dollar IJ on higher time scales weekly monthly uh we can take a gander yeah inj which has been killing it man and just it's not really anything you can takeAction on now right because it's just so far gone and it's like bitcoin's kind of too far gone too for a reasonable swing Trader to be like oh this is an impeccable setup good news is look we're staring at something where it could be strategized they if someone wanted toThey could what can I say it's in you're if you if it fails you take on the most minimal losses you you ever could and it's it's almost four to one reward or risk in the situation uh IJ the first request and probably last request of the dayI leave it up to you we look here listen man we got a little Jesus Chimes because he finally actually touched both at the same time okay so supply line of the beautiful channel right being tested uh for the first time today yesterday you did not and the day beforeYou did not this is the first day awesome at the same time the horizontal line resistance where it is like it's a multitude of Peaks and valleys uh I went with 14 bucks because let's see one two three four I don't know five six seven eight you haveSo many like unique touches of this level it just it seem it's and it's not like one level 139 it's going to be like 1398 to like 15 bucks man there's just so many areas it could reverse look it could go a little bit higher then reverse like so you're just at thisMajor inflection Zone support resistance on inj uh to different degrees right not just the UPS sloping Channel this signifies that you are in fact overbought now and it's official today you also have horizontal line resistance this is certainly a level where somebody might if they were reasonable in a traditional Market theyMight take some profit here after the run up from being oversold it's up 100% in 16 days not on Reon reasonable gains man anyway but yeah he wanted to see the weekly monthly yeah we can do that sure up doy man was that maybe why well here's theThing on the weekly see you are breaking at least one level like the candle High closed from August 2021 November 2021 when it double to there uh but now on the weekly one would have to pay attention to 1490 and that's what happens when you have so much chop likeThat on a chart like the way I just looked at on The Daily when you you want to take out noise just go to a more significant time scale like I go to the weekly and all of a sudden it becomes a lot clearer I don't even need to beLooking at the daily now the weekly is showing you 1490 and if you break that it's not even really 1684 here maybe it is cuz you got the Peaks here but T you do be right it's just like is it either it could be potentially 1670 potentially1815 but if you just go with candle closes from one to the next it's it's 13 35 1490 and then 1983 so just remember you you are at definitely some sort of potential profit taking level and that's why you don't you don't just completely exit one justLayers out so they can continue to take uh advantage of the stupid rally but they're also protecting themselves in case wow you know at at a demand line or at a supply line they Supply and it pulls back and Bitcoin reverses on the new week or something you you ensuringProfit after 100% rally in 16 days here that I mean that is just that's legendary status as a Trader but yeah in before right in before just breaks out and goes to 20K or $20 and the next week cuz sometimes that is the way the crypto Market works sometimes it is stupid traditionalTargets get completely blasted Dano so freaking wrecked man my body is just destroyed and you know it's good it's good I've kind of turned a new Leaf a little um spontaneously but it was really just the universe where I was what was going on and that is when I normally when theUniverse is telling me something so clearly in front of my face it's just you you just commit to those things it was kind of like me leaving Birmingham and moving to Miami it was such a clear sign and signal to make a change did Ladi and gentlemen let me tell youMitch's rants they're like a symphony of words folks when he really goes ham even I have to take notes it's like a master class in rology you got to listen it's like ranting on steroids believe me truly incredible huge oh as I sweat on Inna I thoughtTrump out a British aent night oh Yeah Kings dude we have less than 12 minutes thank you dude again much love uh less than 12 minutes the daily candle clothes TMS certainly did use it as a verb he was Danny De dooing yes what's wrong with that if you if you were caught up on your memology you shouldThrive in this community cuz I make Min meme verbes okay good stuff Mye W don't stop man don't stop never stop man that's the hardest part dud getting stop started once you start getting in the The Habit it's like I can't believe I wasn't doing this all right so doie wantedTrue true if big big of true guess a binance chart wheel let's take Gander here hm all right well we'll go we got an asset here that was a scam right true here it is wow what great historical performance what a great Trend wasn't a scam by theWay okay well despite it being a scam and being destroyed bitcoin's going up it's been going up so there therefore altcoins might just stop collapsing you ever thought about it like that is this is this like not falling below 2.7 cents because it's true truei and it's awesome a project with teamWith good hearts that make so much money and and provide great world real world services to humanity and Elevate Humanity nope it's just because bitcoin's going up that's the only reason it stopped selling off 2.7 in my in my opinion that is the reason why almost all altcoins stopped selling is becauseBitcoin so yeah okay a Bas of buying came in on true and it's actually pretty awesome uh some pretty awesome price action correlation at the November of 2022 level where you have one test but then you have the second test wait I've seen this episode before where a true bottom gets put inAnd then two higher lows that are the same come in than that previous low that's what ethereum did in 2018 so anything above 3.1 cents is technically okay it seems like the market participants the buyers confirmed its validity as support again so you think hey man eventually uh nothingWrong with trying to say that maybe just maybe 4.8 cents would be tested again like a swing low from June of 2022 a swing high from November 2022 Citadel couple times that be your excited to join the community fully also I gladly accept my award for top YouTube commentOf the month let's go xrp haa hold on dude um thank you so much dude uh for joining the Citadel the premium Discord or the patreon thank you so much an on my man uh sorry dude yeah uh your your top award for or for your topYouTube com yeah yeah I don't know man you said some really nice things so uh I appreciate that dude and uh you wouldn't even imagine but feed like good feedback that can I mean like depending on you know if you watch somebody and you're just watching for free and that'sCompletely good just like hey man you have no idea your currency of feedback like you just you you know you're not paying you're just watching but like you say like hey what you're doing is good what you're doing is helping me you are impacting my life positivelyAll you saying that is is worth 20 bucks plus I mean it just is so understand that you know feedback is important to content creators like me content creator dude I just like charts and look at charts okay and I have a microphone and webcam and that's literally it allRight yeah speculate on financial markets occasionally right so we got seven minutes to the close we looked it true if it is true confirmed defense from buyers at 3.1 cents an easy target of 4.8 cents so the upside potential where this asset is right now would be about 26% minimum and that'sIt freeze uh could you pass the tardy sauce we literally just looked at inj and it was like actually a request or am I am I crazy here here bro we we yeah we were just here so welcome to the stream you can rewind forThe best analysis if you make me do it again I'm probably just not going to do as well but I I appreciate it um a lot and if you want to pick another asset before I do anything here we can cuz again the analysis I did was pretty in depth momentsAgo you can get two bird stoned at once man if you want just real quick type in another ticker if you want to hey it's in D rating man thanks dudes thank you man was that uh ver V say something dude Jason V say something yeah we didn't look at the S&P 500Futures um no circuit breakers uh no chaos or pandemonium no Black Monday this number go up number go up dude it's just up 33% guess what if you are a McDonald's employee and you have stock options you want to be up for the opening bill tomorrow because theyReport at 7:00 a.m. before the market even opens so McDonald's reports first thing in the morning get your McDonald's hats out get your noise of you're not a content creator you're a wealth Creator Legend Crown thank you dude uh really appreciate that I mean thanks well V that's when you say couldYou look at this instead because you requested you just didn't know so you could request something else and get bonus points and you're just going to deny me that you're going to deny yourself that all right thank you for the contribution though uh 10 times stting I'm I'm grateful thatYou think that I'm grateful that uh the people that watch this stream that have been in this community I'm I'm very grateful that they have been able to use what I've learned from people far greater than me smarter than me and and I'm I'm proud that you are applying what theseGeniuses uh researched they put their life's work into and I'm glad that me being the conduit from them to you has been helpful for you Eric it's uh tangia it's in the description below yeah d uh J's transportation is wrecked yeah so everything's okay man I guess uh bear Market's overChat well hold on a sec well that's n at closed sorry let's go to a us was the hold on sorry some of these uh tickers man that's right yeah NASDAQ Nas 100 okay so NASDAQ 100 well you can't say that 14k wasn't tested because it was that's that'sBeginning of his own 139 14k somehow uh a potential it really is that is a potential inverted hammer it just is man okay I don't make the rules go look up inverted hammer on Google and you tell me that it's not potentially that okay just identifying it don't freakOut uh so a potential inverted Hammer at a key support just above the tday moving average that is that is the current situation right now you were not below support you were at it but only after massive amounts of distribution over the course of 90 days 80 90 daysWhatever so you're not dead yet how about the Russell 2000 Futures that if you don't know just Friday had its lowest close since October 2020 threeyear lows but at the same time after doing that the price of the Russell 2000 Futures is right now getting back aboveThis local low from June of 2022 September and October of 2022 that's it if it's truly defended you could be running to 1,700 again but like I'm just showing you the data as it stands at this current moment in time that's it S&P futures uh you're in a situation where you areNot testing and holding supports with a potential inverted Hammer that did not happen in fact last week formal support resistance Zone was breached and you just are up 32% and that's it all that's a lot of distribution man that's scary stuff and uh you know 786 aCipher yeah anytime I mean like if a real bid start coming in you could develop Divergence too early to say man I I would be what did you just not was it not good enough this Rally from October all the way to fing July is thatJust not good enough I mean you want to start speculate now after Classic distribution after the completion of an insanely large W shape what are you doing yeah bro it's time to yeah really start trying to take shots here on Longs it's just not but you can say all allDay that it is there's not really anything backing it up technically uh but yeah yeah oversold and could rally great dude wait for a lower high than for uh 4,400 limited upside potential there just is man you know where there's kind of more upside potential than something like mostStocks show me a stock that looks like this technically go ahead show me and then tell me the macro and then the the sector after you look at the individual asset you find it then tell me how's this how's the sector doing that it's within it's contained within and thenAfter that tell me how the macra is doing we know that macra is not good hey Jesus Chimes chat no we have not done that yet real estate we can do that thank you dude let's go a Bitcoin have in the sh okay with confirmation just seconds ago highestDaily candle clothes this is fine I'm okay with the events that are unfolding currently thank you so much I appreciate the this is fine highest daily candle close confirmed since officially May 7th thanks for all you share Mitch and then bch yet we will look sir thank you soMuch highest weekly candle close confirmed on bitcoin since April 25th highest close of the Year 2023 formally broke out last week confirmed with price action this week real breakout bro Head and Shoulders Bros homeless up to us after distribution Bros are utterly homeless they came in for internet to go createYou know their theories on their social media platforms anymore it's oo all right Target on the weekly the weekly I can't believe you've done this thank you so much for the done this thank you dude much love okay look dude let me show you 381 to 39K and I'm just using these levelsBecause a candle High close January 20 21 and a candle High close from June of 2021 just using them okay those are the levels and then after that you can see what kind of price action you get above and below straight up straight down so you just think still that's kind of theHard Target on the weekly okay uh in before waiting for someone to freak out and and say no dude The Head and Shoulders is still valid bro come on 250 time leverage short bro 200,000 lose $200,000 on a Saturday some someone did that someone literally lost $200,000Over leverage on a Bitcoin trade on on a Saturday where the price didn't move but $200 people are nuts man people are crazy people like Risk Management what's that they've never even heard of that yeah thank you so much Kool-Aid Kool-Aid mckin stre hopefully uh has a great week great SaturdayComing up Alabama versus LSU battle for the SEC West I will be in attendance in the box seats of course sipping probably on freaking water cuz uh my regiment has changed dramatically in terms of diet and exercise schedule holy crap so uh great stuff man let's see Bitcoin cash let take gander andLet's start on the weekly why not big one cash you know there was a trade setup that was posted just the day or two before the fake news God it's beautiful it is thank you matatu thank you still waiting on my uh trash bag bow tie I have not received it yet thankYou here's your big going cash massive bullish Engen candle two weeks ago a little bit of follow through this week highest daily candle close on bitcoin cash confirmed since July 24th I much to ride home about yet but just wait 260 was a profit taking level so just some Mark participants took someProfit don't you put that evil on me Ricky Bobby don't you put that on us thank you so much rip him uh it was hilarious thank you man so the trend is your friends I'm sorry all I can see are a bunch of higher highs higher lows a bunch ofSpring back test of key inflection points from history as for wow oh my God so it's like 260 again entry was like 215 a little take profit 260 pulling back just wait for the higher low than the previous discernable swing low and wait for the rally you'll break 260 theThat's the theory here of the trade if you break 260 I think you'd have a nice run to 304 that would be the second profit taking level of the trade and that's it so all is well on the Bitcoin cash chart really well it's CU it's alreadyIn an uptrend and this was that's what started it that's an inverse blowoff top almost right too much demand whoever this was they're still in it Larry they still own the Bitcoin cash but then you give me the technicals the technical indicators after finding out that whoever pumpedThis probably still in it we know he's still in it based on the exceptionally higher low give me this the trend of your friend situation let's go dude see you at 305 in time you're just patient you wait you get it most likely high probability n utxo inverse no no wayDude not on keto at all now it's a very lean diet but not keto all right so we made it to the end of the week been live over an hour uh leave it to bitcoin to probably pump after I end the stream but I just wanted to come by andSay hello because it is a tradition it is a tradition to experience the confirmation at the end of the week right and with the Jesus shines so we've done it we do it again keep doing it man and here we are did the 12h hour do it too man it was tooClose did no it didn't what a scam dude bitcoin's 12h hour the market participants actually settled up lower I love you than they did the 23rd of October and I love Mitch great candle clothes thank you Eric Morris for the contribution man we sitting out our space wait waiting for those oscillatorsTo just cool off a little bit but we know nothing there R for the market making on the BC chart was it what about the other guy Craig Wright cuz I thought Craig Wright was the real Roger Burr have you not heard the news yeah Craig Wright is not it isRoger ver he is oh my God I just all over the okay we're getting pained and then there's nothing there what the heck easy cards thanks again man for uh joining the patreon or the uh premium Discord or what we would call The Citadel man thank you dude we did aAnd uh proud to be able to cover it with you you deserve Bitcoin at the price you have it at so were you in the 27s or lower or are you just buying now cuz either way wherever you did you deserved it you earned itOh man we're going to make it D okay we're going to make it if Bitcoin starts like massively pumping on the new week I will do everything I can to get back to you live if not just know I will be back and regular stream timeTomorrow and uh just above all I do appreciate each and every one of you for tuning in to the stream being a member of the Discord Community uh thanks so much to Brad and Jaylen and and and Julia and all the mods and admins in the Discord Community uh this thing couldNever this this entity we've created over the past 6 years uh could never be what it is without y'all behind the scenes so thank you and uh just wanted to say that so extreme and utter gratitude for all involved except me right like it's allFor y'all and uh I'll just be back so let's hope for Bitcoin pump because if we get if we're breaking 35k tonight I mean maybe I go live if it's real if we're getting some real price action but if not you know you'll just see me tomorrow so until next time respect theTA A He I made my Would say I would know But it's g in the B run cleaner Than Oh
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