Latest / The Paul Barron Crypto Show / Altcoin Season📈Technical Analysis w/ Evan Aldo

Transcript

Altcoin Season📈Technical Analysis w/ Evan Aldo · The Paul Barron Crypto Show

0:07
Speaker 1: Has all season begun and today we're gonna be breaking
0:10
Speaker 1: down a ton of charts for you with Evans. So
0:13
Speaker 1: it's gonna be a good one. You guys don't want
0:14
Speaker 1: miss it. My name is Paul Barre. Welcome back in
0:16
Speaker 1: a tech path. Let's get started. I want to thank
0:18
Speaker 1: our sponsor, I Trust Capital. This is a place where
0:20
Speaker 1: you guys can go park an ira and put it
0:24
Speaker 1: in crypto, and of course you can do this in
0:26
Speaker 1: bitcoin ethereum. You can actually also get gold and silver
0:30
Speaker 1: into your iris over there, so it's very easy to
0:32
Speaker 1: set up. You can also transfer iras into I Trust
0:35
Speaker 1: that also works. All you have to do is use
0:38
Speaker 1: our link down below. It's going to give you one
0:39
Speaker 1: hundred dollars funding reward when you go to I trustcapital
0:43
Speaker 1: dot com. So check that out. Today we're gonna have,
0:45
Speaker 1: of course, mister Evan Aldo joining us. And if you
0:48
Speaker 1: guys have never visited Evan's YouTube channel, you guys can
0:53
Speaker 1: check out Evan Aldo over on YouTube. He does a
0:55
Speaker 1: great job there on analysis. Evan's got some skills that
0:59
Speaker 1: I think you might be in and of course he
1:00
Speaker 1: uses a lot of those additional indicators out there. Evan,
1:04
Speaker 1: let's get into all of this today. And of course
1:06
Speaker 1: one of the biggest things is the Federal Reserve now
1:10
Speaker 1: withdraws they're crypto guidance for banks. And it wasn't just
1:12
Speaker 1: withdrawing it. They literally said, don't even come to us,
1:16
Speaker 1: we don't need to be part of this at all.
1:18
Speaker 1: So banks are pretty much greenlit to do almost anything.
1:23
Speaker 1: It looks like in crypto this could be a big
1:26
Speaker 1: benefit going forward. A couple other points I want to
1:29
Speaker 1: hit on in terms of the bullish side of things. Now,
1:31
Speaker 1: this is Anthem. He's kind of talking about are you
1:34
Speaker 1: in belief right now? And I want to ask you
1:36
Speaker 1: this question. Are you in belief that this is a
1:38
Speaker 1: continuation of the bull run or are we looking at
1:41
Speaker 1: maybe just a little bit of a throwback and a
1:43
Speaker 1: bear market entry.
1:45
Speaker 2: Where do you stand on that?
1:47
Speaker 3: I do think that it's definitely the first one, the
1:49
Speaker 3: continuation of the bull run. What we need to think
1:52
Speaker 3: about is potentially a rejection from old all time highs
1:55
Speaker 3: for bitcoin and then a summer lull like we normally see. Generally,
1:59
Speaker 3: you do see a pull back at the end of
2:01
Speaker 3: quantitative tightening, which generally would probably happen either in May
2:04
Speaker 3: or June, So I think it may take to until
2:07
Speaker 3: you get a convincing new all time hypher bitcoin. You
2:10
Speaker 3: may have to wait like one hundred and twenty can
2:11
Speaker 3: or fifty k and maybe in later in the year
2:15
Speaker 3: we definitely have.
2:16
Speaker 1: Yeah, yeah, so do you feel like But again, this
2:20
Speaker 1: gets back into the whole idea of cycles, Evan, and
2:23
Speaker 1: I think a lot of people have stepped away from
2:25
Speaker 1: that thesis is that cycles don't really exist anymore other
2:29
Speaker 1: than maybe the traditional trading cycle, which is really across
2:33
Speaker 1: all markets, which is kind of the selling may go
2:35
Speaker 1: away kind of thing, because a lot of traders do
2:38
Speaker 1: take a lot more time off in the summer, and
2:40
Speaker 1: we usually do see that very low scenario playing out
2:44
Speaker 1: in terms of trade action. But that may change a
2:47
Speaker 1: little bit with all of the things that are happening,
2:49
Speaker 1: especially around tariffs. I want to go to a clip
2:51
Speaker 1: real quick because this will get into crypto and banks.
2:54
Speaker 2: Take a look.
2:56
Speaker 4: Welcome back to squatbox. This morning that banking regulators pulling
2:58
Speaker 4: back some US crypto c currency guidance. This is interesting, guys,
3:01
Speaker 4: because the FED said it was withdrawing supervisory letters that
3:05
Speaker 4: said that banks should seek advance approval from authorities before
3:09
Speaker 4: engaging in crypto asset and stable coin activities. In addition,
3:12
Speaker 4: the FED, the fdi C, and the Office of the
3:15
Speaker 4: Controllers of the Currency pulled back statements from twenty twenty
3:18
Speaker 4: three that urged banks to be careful when it comes
3:21
Speaker 4: to crypto related risks.
3:22
Speaker 5: Here's the question. I mean, because it's the FED doing that,
3:25
Speaker 5: it's not necessarily it's not like an executive order where
3:28
Speaker 5: it's going to get whipside if another administration comes in
3:32
Speaker 5: in four years, I would assume. But again, the politicization
3:38
Speaker 5: of it probably has something concerned about whether the winds
3:42
Speaker 5: would change again at some point. I guess maybe it's
3:43
Speaker 5: better because it's coming from the FED.
3:45
Speaker 4: I think part of it's coming from the FED, and
3:47
Speaker 4: it sound like part of it's coming home from the administration.
3:49
Speaker 5: But understand, and this was part of the campaign promises
3:52
Speaker 5: to do these things.
3:54
Speaker 1: So we've already seen the administration kind of flowing this direction.
3:57
Speaker 1: I think this is going to be good for big
4:00
Speaker 1: coin in general. Obviously, stable coins bitcoin ETFs also added
4:04
Speaker 1: two point seven billion in a week as the market
4:08
Speaker 1: continued to see a rebound. Let's take a look at
4:10
Speaker 1: your chart right now. I've got another clip here that
4:13
Speaker 1: I'll want to talk about. But let's go into your
4:15
Speaker 1: chart on bitcoin. Do you like the position where do
4:18
Speaker 1: you think we're going to see a drawback if we do,
4:20
Speaker 1: in fact see a correction coming down the pipe?
4:25
Speaker 3: So yeah, I mean when we go to the chart
4:27
Speaker 3: right here, this is when you zoom out on a
4:29
Speaker 3: weekly he got this nice trigger wave. If you look
4:31
Speaker 3: at the last time this happened, this was a big
4:33
Speaker 3: jump upward. It's probably not going to be I mean,
4:36
Speaker 3: it could be this good, but it's probably going to
4:38
Speaker 3: be a little bit more conservative diminished returns. I mean,
4:42
Speaker 3: I think it's maybe a little bit too optimistic, or
4:45
Speaker 3: quite a bit too optimistic to say we're going to
4:46
Speaker 3: hit one hundred and fifty k by July or August.
4:49
Speaker 3: But I do think that potentially you'll get before right
4:54
Speaker 3: around the Bitcoin conference, maybe a little bit before after
4:57
Speaker 3: sometime in June, you may see either a rally to
5:01
Speaker 3: new all time highs or the previous all time high
5:03
Speaker 3: run one o nine, or a new all time high
5:05
Speaker 3: at about one hundred and twenty k. Those are the
5:08
Speaker 3: two places I'm looking at for a potential summer lull,
5:11
Speaker 3: a rejection that we typically will see. So let's say
5:14
Speaker 3: you get the end of QT in June or may
5:17
Speaker 3: you know, then you have your kind of pullback, that
5:19
Speaker 3: typical twenty thirty percent pullback. I think this would be
5:21
Speaker 3: about twenty percent. You come back to ninety five K
5:24
Speaker 3: maybe where we are right now, and then in your
5:26
Speaker 3: end of year when you see more quantitative easing from
5:29
Speaker 3: July August onwards and to end of the year, that's
5:31
Speaker 3: your rally up to one hundred and fifty K. And
5:33
Speaker 3: I'm I wouldn't even maybe two hundred K could be
5:36
Speaker 3: on the table. I think that's too optimistic. My main
5:38
Speaker 3: prediction is one hundred and fifty K, but that's what
5:40
Speaker 3: I'm looking at right now. I think at least we
5:42
Speaker 3: should be able to continue rallying up back to one ten,
5:45
Speaker 3: back to that old all time high before you see
5:47
Speaker 3: your next significant pullback.
5:49
Speaker 1: One thing that could happen, though, Evan, that maybe would
5:53
Speaker 1: hit your all time or not your all time high,
5:55
Speaker 1: well yeah, it would be another all time high is
5:57
Speaker 1: how China could be deva off of treasuries. I want
6:01
Speaker 1: to play a clip for you and see what you
6:02
Speaker 1: think about this.
6:03
Speaker 2: Take a look.
6:04
Speaker 6: But this whole diversification away from traditional assets and into
6:07
Speaker 6: things like gold and also like crypto. Right, probably began
6:12
Speaker 6: well three four years ago, I did it, not at
6:14
Speaker 6: least two three years ago? Right, because a lot of
6:16
Speaker 6: people pen point Russia's most recent invasion of Ukraine and
6:21
Speaker 6: you know how three hundred billion dollars worth of Russian
6:24
Speaker 6: central back when he got seized and is sitting somewhere
6:26
Speaker 6: in Belgium right now as a trigger for countries like China,
6:30
Speaker 6: say to stop recycling their surplus into treasuries or not
6:34
Speaker 6: as much and more into things like gold and into crypto.
6:37
Speaker 2: I mean, that's fair, right.
6:39
Speaker 7: A continued movement towards diversification beyond just holding dollars is
6:42
Speaker 7: something that's been happening for decades. So the switch from
6:45
Speaker 7: just holding dollars to holding gold to looking at other
6:48
Speaker 7: types of assets like bitcoin as a trend that's been
6:50
Speaker 7: years in the making.
6:52
Speaker 1: All right, So you see, China could have a lot
6:54
Speaker 1: more of an emphasis around just d I won't say decoupling,
6:59
Speaker 1: but definitely d leveraging off of US treasuries. That is
7:02
Speaker 1: going to give us two potential assets that are going
7:04
Speaker 1: to run if China does make a choice. Now, granted
7:07
Speaker 1: they hold a lot of gold. But if China were
7:10
Speaker 1: to jump into bitcoin all of a sudden, just the
7:13
Speaker 1: fact that China would most likely make it somewhat legal
7:18
Speaker 1: again in China to own and trade bitcoin, that could
7:21
Speaker 1: be huge for the markets if that were to happen. Evan,
7:24
Speaker 1: would it be just okay, everybody, just throw it down
7:27
Speaker 1: because bitcoin's going to half a million.
7:30
Speaker 3: Well, I think it still would take a few years
7:32
Speaker 3: to get to half a million, that maybe by twenty
7:34
Speaker 3: twenty nine next cycle.
7:35
Speaker 1: Well, and you got to look at a couple of
7:37
Speaker 1: things here. I think tariffs have been a big impact
7:40
Speaker 1: on at least in the beginning. I think it was
7:42
Speaker 1: more of the fact that it was so erratic and
7:45
Speaker 1: we were seeing so many signals with positive negative, positive, negative.
7:50
Speaker 1: And now you have the fact that the market's not
7:52
Speaker 1: even reacting to what we're seeing right now in terms
7:56
Speaker 1: of the post from China where they're saying, hey, don't
7:59
Speaker 1: create confusion, not really, you know, negotiating anything right now.
8:03
Speaker 1: I think again these are all tactics being played. But
8:05
Speaker 1: the point is the market didn't even react. In fact,
8:08
Speaker 1: Bitcoin went up and we continue to see a lot
8:10
Speaker 1: of the all coins flying. So maybe are we out
8:13
Speaker 1: of the sensitivity of the tariff impact. What is your
8:16
Speaker 1: feeling or do you think we're just on the backside
8:18
Speaker 1: of it.
8:20
Speaker 3: Tariff and I think it's going to be more like
8:22
Speaker 3: what we've seen. I think the worst of the tariffs
8:24
Speaker 3: have already happened. I think Trump is generally going to
8:27
Speaker 3: be more lenient on the terroriffs. My feeling too is
8:30
Speaker 3: that Trump may have had some behind the doors talks
8:33
Speaker 3: with Powell, and I think Powell may have told Trump
8:36
Speaker 3: what he wants to hear. Maybe I was like, Okay,
8:38
Speaker 3: just ease off on the tariffs a little bit and
8:40
Speaker 3: you'll get your rate cuts, you get your want market
8:42
Speaker 3: does well, you'll look good. You know, that's the really well.
8:46
Speaker 1: I think the other aspect, I think is some billionaire buddies,
8:50
Speaker 1: you know, probably had some nice, very closed door meetings
8:53
Speaker 1: with the administration because this was putting some heavy pain
8:58
Speaker 1: on a lot of may your major investment capital out there.
9:01
Speaker 1: Let's jump over to Ethereum. Ethereum's new network up.
9:05
Speaker 2: Great.
9:05
Speaker 1: This is Pectra is incoming on mayet This is May seventh.
9:09
Speaker 1: This will be happening. This will be a big deal
9:11
Speaker 1: because there is a lot of advancements around where Eth
9:14
Speaker 1: is going obviously, fees.
9:15
Speaker 2: Are way down right now.
9:17
Speaker 1: It has created a little bit of a trading frenzy
9:20
Speaker 1: around some assets. What do you think about ethereum right
9:23
Speaker 1: now where it's trading between seventeen and eighteen hundred.
9:26
Speaker 3: A lot of rare bullish signals really great by now
9:29
Speaker 3: let's go to a chart right here. So this is
9:31
Speaker 3: what I kind of think could happen. I think we're
9:32
Speaker 3: going to seek a continued, really good recovery. It's really similar.
9:36
Speaker 3: You know, you look at kind of what we're seeing
9:38
Speaker 3: here on the five day and even on the weekly.
9:40
Speaker 3: You see this area deep anchor wave right here. This
9:43
Speaker 3: marked the exact bottom. So if we just look at
9:45
Speaker 3: what happened here, what I would base it off of.
9:47
Speaker 3: I think you could get a nice rally upward. I
9:49
Speaker 3: think ETH has really been suppressed here. Good rally upward
9:52
Speaker 3: maybe three thousand sometime in June and in May at
9:56
Speaker 3: the earliest. Then you get your kind of summer wall,
9:59
Speaker 3: maybe that eighty percent correction fifteen. Maybe ETH holds up
10:02
Speaker 3: better in any bitcoin. I think it may something like
10:04
Speaker 3: that in the summer, and then August September onward, you're
10:07
Speaker 3: pretty much home free and you still got a good
10:10
Speaker 3: shot of making potentially a new all time high. My
10:12
Speaker 3: view is maybe somewhere between five thousand to seventy three
10:16
Speaker 3: hundred could be year high by the end of the year.
10:18
Speaker 3: So I still think you may have that seven thousand case.
10:21
Speaker 3: I would probably unless bitcoin goes up to two hundred K,
10:23
Speaker 3: I'd probably mark out eleven K, but not impossible to
10:27
Speaker 3: get up there. So I think there's a huge lot
10:29
Speaker 3: of potential for EATH right here. ETH versus Bitcoin really
10:31
Speaker 3: close to your twenty nineteen lows the last time they
10:34
Speaker 3: ended QT, So I think this has got a lot
10:37
Speaker 3: a lot of recovery to do. I think it will.
10:38
Speaker 1: Do you think that ETH could make an eleven K
10:42
Speaker 1: by end of this year?
10:44
Speaker 3: If very unlikely, probably only a ten percent chance. But
10:47
Speaker 3: if Bitcoin hits two hundred k, then yes, I do think.
10:50
Speaker 1: Okay, all right, so more of a consistent anywhere between
10:53
Speaker 1: four and seven k is kind of what I'm hearing.
10:57
Speaker 3: Five to seven K, I'm more optimistic we can make
11:00
Speaker 3: a new all time high forty.
11:01
Speaker 1: All right, all right, Well, that would be a fantastic
11:06
Speaker 1: for a lot of the etholders that are out there.
11:07
Speaker 1: We have a ton of people that are of course
11:10
Speaker 1: following our content. We're going to be doing a huge
11:13
Speaker 1: show on Ethereum as well, so be on the lookout
11:15
Speaker 1: for that, guys. We'll drop it so you can watch
11:17
Speaker 1: it over the weekend. Also, if you're not subscribed to
11:20
Speaker 1: the channel right now, just take a little bit of time,
11:22
Speaker 1: get that little subscribe button today, get in right now.
11:26
Speaker 1: We are pushing hard for one point four million, so
11:31
Speaker 1: we're going to have one point four million subs.
11:34
Speaker 2: Thank you guys.
11:34
Speaker 1: You guys are all a part of this, and I
11:36
Speaker 1: think we've seen a lot of new people starting to
11:39
Speaker 1: move into and the United States has picked up. It
11:41
Speaker 1: was we were growing around the world. The United States
11:43
Speaker 1: has started to pick up, So big deal. Let's jump
11:45
Speaker 1: over to Sweet and Swee surges seventy three percent this week.
11:51
Speaker 1: This has been one we've been watching very closely. We've
11:53
Speaker 1: had Swee as a partner on the channel. They've also
11:57
Speaker 1: given us a lot of insights around really and things
12:00
Speaker 1: of that nature around Walrus. We've announced those here on
12:03
Speaker 1: the show. They also have the big obviously the big
12:07
Speaker 1: partnership I shouldn't say partnership, the Grayscale launch, which is
12:11
Speaker 1: the ETF and then the potential here I think to
12:14
Speaker 1: really grow with this MasterCard partnership. But we think that
12:17
Speaker 1: there's something else brewing, and it could be just around
12:21
Speaker 1: the corner.
12:21
Speaker 2: If you guys want to check what that is.
12:23
Speaker 1: Watch that video right there, that video right there, God
12:28
Speaker 1: Candle incoming. It has got some juicy stuff in there, rumors,
12:33
Speaker 1: you know, theatrics, you know, death, destruction, It's all in
12:38
Speaker 1: that video, So catch it. What do you think about
12:41
Speaker 1: the sweet chart right now? Do you think this that
12:42
Speaker 1: can hold up generally?
12:45
Speaker 3: Yes, I do think it can hold up. I mean
12:47
Speaker 3: whenever you get a huge jump up like this, sometimes
12:50
Speaker 3: you do consolidate. But yeah, I mean you're getting to
12:52
Speaker 3: that point. Your next big point is going to be
12:54
Speaker 3: kind of four dollars, four dollars and twelve cents. So
12:57
Speaker 3: you can dealy dally around where we are right now
12:59
Speaker 3: and then get up to that point. Your money flow
13:02
Speaker 3: still looks good on you know a lot of these timeframes,
13:05
Speaker 3: these high timers coming back on that three day, so
13:07
Speaker 3: I think you could kind of somewhat repeat, you know,
13:09
Speaker 3: a situation like that upward, get up to these points
13:13
Speaker 3: right there, and you know, my big place is probably
13:17
Speaker 3: I don't see why you can't get up to ten
13:19
Speaker 3: bucks into into the year here, and you're looking the
13:23
Speaker 3: big thing here. You're looking at this trigger wave very
13:26
Speaker 3: similar to over here. This is August to twenty twenty four. Now,
13:30
Speaker 3: obviously it's not going to be this good. You know,
13:32
Speaker 3: you're not gonna probably not gonna go up to thirteen bucks,
13:34
Speaker 3: but administraturn version of that, even if you get a
13:36
Speaker 3: half to that, that's a double from where we are
13:39
Speaker 3: right now. And then yeah, I think there's a good shot.
13:41
Speaker 3: You know, my range would be between high sixes to
13:45
Speaker 3: ten dollars probably for Sweet and Tend a year.
13:48
Speaker 2: So yeah, all right, Evan, I want to take a
13:49
Speaker 2: look right here.
13:50
Speaker 1: So the top ten tokens, you look, you can kind
13:53
Speaker 1: of see Dog going Cardono rounding out the top ten
13:56
Speaker 1: at Tron at twenty three bill. Then you got Sweet coming,
14:00
Speaker 1: and this is a huge gap right here. The question
14:02
Speaker 1: is can it make up that kind of gap possibly
14:05
Speaker 1: become a top ten token at the rate that you're
14:08
Speaker 1: talking about. If we saw a six to seven dollars SWII,
14:13
Speaker 1: that would do it, That would essentially get it into
14:16
Speaker 1: that position.
14:17
Speaker 3: Assuming Tron doesn't also jump off a bit. You have
14:21
Speaker 3: those other tokens as the other legacy also probably do
14:23
Speaker 3: well as well. Can Swee be a top ten token?
14:26
Speaker 3: It probably will at some point. I don't know how
14:29
Speaker 3: long it would be though. I don't know if it's
14:31
Speaker 3: going to stay permanently as a top ten token, but well.
14:35
Speaker 2: Yeah, it's one of those.
14:36
Speaker 1: It's one of those projects too that has so many
14:39
Speaker 1: ores in the water. I mean, they've got gaming going,
14:41
Speaker 1: there's of course crosschain going, They've got a lot happening
14:44
Speaker 1: within the ecosystem in terms of development. So it is
14:48
Speaker 1: definitely one of the projects we're watching a lot closer.
14:51
Speaker 1: Axelar also the twenty twenty four milestone progress update. This
14:56
Speaker 1: goes into what we're seeing now coming up, which is
14:58
Speaker 1: now this year, a lot of new integrations coming in
15:02
Speaker 1: and some very interesting ones with xrpl, SUI, Salana, et cetera.
15:07
Speaker 1: All this is kind of flowing into where Axelar could
15:09
Speaker 1: be on the move. Here when you look at Axelar
15:11
Speaker 1: the token, do you like this one? Because this has
15:14
Speaker 1: had been really regressed down as far as its current price.
15:18
Speaker 3: It's always had some good, you know, fundamentals, good things
15:21
Speaker 3: behind it, which has kind of kept me hopeful. The
15:23
Speaker 3: fact that it made a lower low than it's October
15:26
Speaker 3: twenty three low is kind of you know, scary, so
15:29
Speaker 3: just keep in mind it is a very risky thing.
15:31
Speaker 3: But the sky is the limit, like it could come
15:34
Speaker 3: up a lot here. I mean, your next kind of
15:36
Speaker 3: big place if you can hold these areas theoretically, should
15:39
Speaker 3: be eighty four cents. That's you know, over a double
15:41
Speaker 3: from here, you know, one hundred and seventy percent, and
15:44
Speaker 3: you know, you do have some good things in some
15:45
Speaker 3: of these larger timeframes, but you know, just be careful.
15:48
Speaker 3: Since it made that lower low there. You know, if
15:50
Speaker 3: you can break above that area theoretically, then your next
15:54
Speaker 3: place would be a dollar. Then theoretically you could fight
15:57
Speaker 3: new all time highs.
15:58
Speaker 2: I kind of.
15:58
Speaker 3: Don't think this would go up above you know, unless
16:01
Speaker 3: things get really crazy above that you know, old all
16:03
Speaker 3: time high. But if you can get back up to
16:06
Speaker 3: this area right here that I'll mark out right around
16:09
Speaker 3: you know, two dollars, that'd be a huge, you know,
16:12
Speaker 3: a huge jump up. That's like, you know, five hundred percent.
16:15
Speaker 3: So I think there's a maybe fifty to fifty four
16:18
Speaker 3: forty percent chance at that and probably sixty percent chance
16:21
Speaker 3: getting at least back up to a dollar at some point.
16:23
Speaker 1: So yeah, let's take a look at Polygon. They launched
16:28
Speaker 1: the ag Layer breakout program. This is going to give
16:30
Speaker 1: projects to basically start doing air drop, especially for token
16:34
Speaker 1: holders of poll.
16:37
Speaker 2: Do you like Polygon right now?
16:38
Speaker 1: Would you buy Polygon today where it's trading right now
16:42
Speaker 1: in this in this bull.
16:43
Speaker 3: Run, Yeah, I would, but you know, be cautious. I
16:47
Speaker 3: would buy a lot of alts. I definitely diversified. I
16:49
Speaker 3: wouldn't put all my eggs in one basket. I mean,
16:51
Speaker 3: I'm not even going to look at the Mattic chart
16:53
Speaker 3: as it's so depressing. We'll just look at the Polygon
16:55
Speaker 3: chart itself. You know, you came down now, you're holding
16:57
Speaker 3: this area kind of at twenty cents right here. If
17:00
Speaker 3: you can break above where we are right now, which
17:01
Speaker 3: I think you should, your next target is going to
17:04
Speaker 3: be almost yeah, right around this area thirty eight cents,
17:07
Speaker 3: which is a really important place to kind of get
17:10
Speaker 3: back up to. And then if you could you know,
17:12
Speaker 3: hold that and continue forward. You got some potential here
17:15
Speaker 3: for the first time ever or on your Polygon chart
17:18
Speaker 3: when since a rebranded Polygon getting a green hike and
17:21
Speaker 3: Ashy Candle the last time that happened here, you had
17:24
Speaker 3: a nice jump up. I mean that was your jump
17:26
Speaker 3: up to thirty nine cents. So you know, it's hope
17:29
Speaker 3: for thirty nine cents, which could come up, you know,
17:31
Speaker 3: by June even and if we can get there and
17:33
Speaker 3: then hold that, then you could continue back up to
17:35
Speaker 3: seventy five cents. Theoretically. It's kind of hard to say.
17:38
Speaker 3: You know, this thing has been very depressing, but I'm
17:40
Speaker 3: still hopeful for it, and I think, you know, I
17:43
Speaker 3: think probably your worst case scenario would be by end
17:46
Speaker 3: a year, hopefully getting back to fifty cents. But you
17:48
Speaker 3: know a lot of us wanted to go a lot
17:50
Speaker 3: higher than that because if you look at you know,
17:52
Speaker 3: the chart that really depresses everybody, your old all time highs.
17:55
Speaker 3: We're at two dollars and eighty cents, which is yeah,
17:57
Speaker 3: that's almost a ten x from here. So we'll see
17:59
Speaker 3: what happens.
18:00
Speaker 1: Yeah, this is a big one, and I think a
18:02
Speaker 1: lot has to start to be developed, I think around
18:06
Speaker 1: the ecosystem for to do that kind of move. Let's
18:08
Speaker 1: talk about Solana, because they had their day one at
18:11
Speaker 1: the Crossroad event. Now, what they showed though, was the
18:15
Speaker 1: first look at the Salona Seeker. This is the second
18:18
Speaker 1: tier phone that has come out of Solana after the
18:21
Speaker 1: Saga being a huge when Seeker has been equal, that
18:26
Speaker 1: likelihood is we're going to see a ridiculous amount of
18:28
Speaker 1: air drops coming in on this Seeker phone and it
18:31
Speaker 1: could be something that we see released coming up at
18:35
Speaker 1: the Accelerate event in May in New York City.
18:38
Speaker 2: Where is Solana right now?
18:40
Speaker 1: Do you like this one to continue to run or
18:43
Speaker 1: could it be one of the less you know, shiny
18:47
Speaker 1: stars in this next bowl run.
18:50
Speaker 3: I think it will continue to run. I mean, some
18:52
Speaker 3: of the smaller caps probably will do better. But I
18:54
Speaker 3: think you've got a good shot at you know, maybe
18:57
Speaker 3: getting back up to like two sixty years at least
19:00
Speaker 3: two hundred bucks by sometime in June, and then maybe
19:04
Speaker 3: getting that summer lull. This is what I'm kind of
19:06
Speaker 3: looking at here. And you got your rare you know,
19:09
Speaker 3: your rare bullish sign of forming on your two week
19:11
Speaker 3: that sugger wave. Now, this was a huge jump up
19:14
Speaker 3: back in October twenty three. I don't think it's going
19:16
Speaker 3: to be that good, but you know, some aspects of
19:20
Speaker 3: this may stay. You know, if you look at kind
19:22
Speaker 3: of this area. From that bottom, that could be you know,
19:25
Speaker 3: a jump up to even maybe three hundred dollars that
19:28
Speaker 3: bocket right there sometime in June or may back up
19:31
Speaker 3: to three hundred bucks, and that's a double that's a lot.
19:33
Speaker 3: The market would have to do really well for that.
19:34
Speaker 3: But you know, I think there's a real you know,
19:36
Speaker 3: you come up to those points and you get your
19:38
Speaker 3: summer low, you come back down and maybe one to
19:39
Speaker 3: eighty two hundred this area, and then you get your
19:42
Speaker 3: last jump up maybe into December January of four hundred,
19:46
Speaker 3: and I mean, it's definitely not impossible to even you know,
19:49
Speaker 3: really fight up to six hundred in your best case scenario.
19:53
Speaker 3: So I think there's a good shot, you know, somewhere
19:54
Speaker 3: between four hundred to six fifty is where I think
19:57
Speaker 3: you'll top out. I'd probably start taking some major profits.
20:00
Speaker 3: If we hit for in December and we're at four
20:02
Speaker 3: hundred dollars, that's probably going to be your top.
20:04
Speaker 1: So yeah, okay, all right, very good. That's a I
20:07
Speaker 1: think that's a good lineup. And you look at ethereum
20:10
Speaker 1: I would say if well, no, actually I would go
20:12
Speaker 1: with Solana, Suite and Avalanche of those three for someone
20:17
Speaker 1: brand new right now coming into the market, which one
20:21
Speaker 1: would you direct them to as kind of the number
20:23
Speaker 1: one investment token, not investment life, but just.
20:28
Speaker 2: In the sense of weighing those three all coins.
20:31
Speaker 3: So okay, I'll answer that in two ways. So the
20:33
Speaker 3: first way I avalunched. Probably Avalanche I think is the
20:36
Speaker 3: most potential to keep going. But I think it would
20:39
Speaker 3: be very foolish just to buy Avalanche. You want to
20:41
Speaker 3: be diversified, so I say you got to have all three?
20:43
Speaker 2: All three? All right, Well, let's speaking of Avalanche. We've
20:46
Speaker 2: got to look here.
20:47
Speaker 1: Gonzilla is car starting to reach out to partner, a
20:49
Speaker 1: new partner, so movement now in the gaming ecosystem, which
20:53
Speaker 1: has kind of been the big winner for Avalanche. And
20:55
Speaker 1: then I've got a clip right here, Evan that I
20:57
Speaker 1: want to show you. This is Joe with Robert Rodriguez,
21:02
Speaker 1: which is very interesting because this is all related to
21:04
Speaker 1: the Avalanche ecosystem.
21:06
Speaker 2: Take a look together.
21:07
Speaker 8: That's such a great idea, and everybody gets to pitch
21:10
Speaker 8: their action movie idea, even at two hundred and fifty
21:12
Speaker 8: dollars a lowest level. Yeah, we're almost at a million already,
21:16
Speaker 8: twenty two days left. Some telling everybody who's listening, come
21:19
Speaker 8: in at the lowest level, just be part of our community,
21:22
Speaker 8: and you're going to be in the first one. I'm
21:23
Speaker 8: going to direct the first one. I've already got. What
21:25
Speaker 8: are we doing it is? I'll show you it's a
21:27
Speaker 8: great part.
21:28
Speaker 2: All right. So that's Robert Rodriguez.
21:31
Speaker 1: What we're talking about here is basically the ability to
21:34
Speaker 1: invest in films in Hollywood, and part of this is
21:37
Speaker 1: all driven off the IVAX ecosystem. What do you think
21:40
Speaker 1: we're Avalanche is trading right now?
21:42
Speaker 2: Do you like it? Would you invest in it today?
21:45
Speaker 3: Yes? Yes, and yes. So when we look at Avalanche
21:49
Speaker 3: right here, you know you're forming this rare bullish sign.
21:51
Speaker 3: Your two week that's really good. You made a lower
21:54
Speaker 3: low from this July twenty four low. But the fact
21:56
Speaker 3: that you just crept up and now you're above this
21:59
Speaker 3: major point in twenty one dollars is really good for
22:01
Speaker 3: Avalanche right now. So I think you got some potential
22:04
Speaker 3: of repeating a situation at least like this right here.
22:09
Speaker 3: So if we repeat this kind of situation, this would
22:11
Speaker 3: be huge and you get back up to sometime the summer,
22:14
Speaker 3: maybe even sooner. Forty eight dollars. But if you repeat
22:18
Speaker 3: something like here, which I think could be in the
22:20
Speaker 3: cards as well, then you get to some really high points,
22:24
Speaker 3: potentially old all time high or new all time ie. Now,
22:26
Speaker 3: since it's September, maybe we get up to one o
22:28
Speaker 3: eight in September, and then you get your last little
22:31
Speaker 3: wing up into the end of the year for a
22:33
Speaker 3: new all time high at twenty two hundred and thirty dollars.
22:37
Speaker 3: I feel like, you know, you're at a nine billion
22:39
Speaker 3: dollar market cap right now. Can it get up to
22:42
Speaker 3: one hundred billion? Maybe that's a little bit too optimistic,
22:44
Speaker 3: but it's definitely possible, and I think the odds of
22:46
Speaker 3: getting back up to that one hundred dollars mark by
22:48
Speaker 3: the end of the year are very likely based on
22:50
Speaker 3: what we were seeing right here, especially in this two
22:52
Speaker 3: week It does not get any more bullish than this.
22:54
Speaker 3: If your money flow coming up, another trigger way for
22:57
Speaker 3: me right there. So there you know it's very high
23:00
Speaker 3: likelihood that this is going to rally for some months
23:03
Speaker 3: to come.
23:03
Speaker 1: So yeah, yeah, So trade wise avalanche again, could I
23:07
Speaker 1: mean that you're high You're talking about a nine x
23:09
Speaker 1: token there, so that would be a significant run on
23:13
Speaker 1: avas for sure, let's jump over to Helium. Helium announced
23:18
Speaker 1: that they had some big news at and T. Subscribers
23:21
Speaker 1: now can connect to Helium's network, So this is going
23:24
Speaker 1: to be a big deal at and T and Helium.
23:27
Speaker 1: This will cover even more locations, possibly seeing a ton
23:33
Speaker 1: more in terms of new signups with Helium, and they
23:36
Speaker 1: have both the free program and then a really low
23:39
Speaker 1: cost program around fifteen bucks.
23:41
Speaker 2: Do you like Helium right now?
23:43
Speaker 1: H and T to go into If you were saying,
23:46
Speaker 1: how I'm going to pick a bag of all coins,
23:48
Speaker 1: would I put Helium in it?
23:50
Speaker 3: Yeah, I mean I like Helium. I thanks for reminding me.
23:53
Speaker 3: I probably should buy the dip on this because they're
23:55
Speaker 3: getting into this point, you know, right here, money flow
23:58
Speaker 3: looks good on your five day and you're weekly too,
24:02
Speaker 3: money flows starting to come up, you know, so a
24:03
Speaker 3: lot of good things, and it's similar to what we're
24:05
Speaker 3: seeing in a lot of alts. I mean, I think
24:06
Speaker 3: a lot of these obviously can run here. This is
24:08
Speaker 3: the first time, at least on this chart since it's
24:10
Speaker 3: been on coinbase, that we saw a deep anchorwave on
24:12
Speaker 3: the two week. If you can hold where you are
24:14
Speaker 3: right now and break above, you have technal target at
24:17
Speaker 3: seven dollars, just under eight dollars, so just under a
24:20
Speaker 3: two x I think if you can hold that seven
24:22
Speaker 3: dollars mark, maybe get up there. Let's say you get
24:25
Speaker 3: up there, you know, before your summer lull, then your
24:28
Speaker 3: summer law, you come back to let's say five dollars.
24:31
Speaker 3: Then you have that last wing up into the end
24:34
Speaker 3: of the year. Then you could be talking about a
24:36
Speaker 3: four x sixteen dollars. I mean, these high points right here,
24:39
Speaker 3: it's not impossible, but things would have to really really
24:42
Speaker 3: go as good as possible for you to get that high.
24:44
Speaker 3: But I'll take a four x sixteen dollars could definitely
24:46
Speaker 3: be in the cards.
24:47
Speaker 1: Here more all coins to talk about Polka Dota course
24:51
Speaker 1: on the verge, possibly of being related to the TikTok
24:54
Speaker 1: deal that's coming up, most likely without any kind of delay.
24:58
Speaker 1: According to Kevin O'Leary, when you look at the Polka
25:01
Speaker 1: dot scenario, do you like it trading right now? Because
25:05
Speaker 1: it has been really repressed quite a bit.
25:09
Speaker 3: That's been one of the most repressed depressing tokens, almost
25:12
Speaker 3: as bad as Madic, but not quite. But when you
25:15
Speaker 3: get you know, when you get to this part, you
25:17
Speaker 3: made it a lower low here, which is very concerning.
25:19
Speaker 3: Definitely not a good thing there, So you know, take
25:22
Speaker 3: it as you will, be careful with it. But you know,
25:24
Speaker 3: you came up quickly. You're holding that area. You're seeing
25:27
Speaker 3: rare bull signs, especially on your two week again, let's
25:29
Speaker 3: just look at that, I mean, money flow coming up,
25:31
Speaker 3: You're getting that rare trigger wave. I mean, it doesn't
25:32
Speaker 3: get much more bullish than this. So you know, I
25:35
Speaker 3: think in all likelihood, you got a very good probability
25:37
Speaker 3: of doing something like this again, getting back to that
25:41
Speaker 3: eleven dollar point. So you know, two or three x
25:43
Speaker 3: from where we are right now, if you can break
25:45
Speaker 3: above this point right here, this journal area, that ten
25:48
Speaker 3: dollars point, you're looking at seventeen dollars. You know, if
25:51
Speaker 3: you get hold that, then you're looking at these old
25:52
Speaker 3: old time highs. Will it hit that, I don't know,
25:54
Speaker 3: it really depends what happens once we hit ten dollars,
25:57
Speaker 3: which I think we probably will hit that within a
25:59
Speaker 3: few months. You know, if you reject all the way
26:00
Speaker 3: back here, then you're kind of dead in the water.
26:02
Speaker 3: But yeah, if you can do something like this, hold
26:05
Speaker 3: these points, then you got potential into you know, end
26:08
Speaker 3: a year getting to you know, that area right there
26:11
Speaker 3: and maybe even fighting back towards all time highs. I
26:13
Speaker 3: don't know, this thing seems kind of I don't know
26:15
Speaker 3: if I like this chart the most, but I do
26:17
Speaker 3: like the trade to come back up to ten dollars here.
26:20
Speaker 1: So yeah, all right, Well, I think the key with
26:22
Speaker 1: what we're seeing with the all coins right now is
26:25
Speaker 1: there are some hot ones. Obviously, there are some here
26:28
Speaker 1: that could be you know, super winners. We are going
26:30
Speaker 1: to get another show going for you guys that'll get
26:33
Speaker 1: into maybe a second tier. Let us know down in
26:36
Speaker 1: the comments of where you guys think that needs to go,
26:39
Speaker 1: because there's there's a lot I think that could really
26:42
Speaker 1: end up being some very aggressive potential opportunities that could
26:47
Speaker 1: be playing into the market.
26:48
Speaker 2: For sure.
26:49
Speaker 1: Hey Evan, when you look at the charts as they
26:52
Speaker 1: are right now, you know, obviously Sui has had a
26:55
Speaker 1: continuous run here another six percent on the day, another
26:58
Speaker 1: heated token. Is there anyone that you're thinking I need
27:02
Speaker 1: to jump into. You've got Hedera starting to move, which
27:06
Speaker 1: is holding it around a five percent on today's action.
27:09
Speaker 1: But and then of course there's Helium right there on
27:11
Speaker 1: a big candle and virtuals also playing in at almost
27:15
Speaker 1: a twenty percent retlacement. Now it's coming off the floor.
27:19
Speaker 1: But is there anything that you're trading right now that
27:21
Speaker 1: you're thinking, hey, this might be a little bit of
27:24
Speaker 1: a hidden gym.
27:25
Speaker 3: Oh okay, so there's one. I looked at, chain Link.
27:28
Speaker 3: Let me show you a chain Link. That's the kind
27:30
Speaker 3: it's a legacy all. You know, it's pretty safe, you know,
27:32
Speaker 3: I mean virtuals is great. That's a smaller cap that's
27:35
Speaker 3: going to be a little bit risky. But if you
27:36
Speaker 3: look at something, what I like here is you just
27:38
Speaker 3: keep making higher low. Is look at that higher low
27:41
Speaker 3: from August twentyfore, you know, a little under a year
27:43
Speaker 3: later right here. So I think chain Link has got
27:46
Speaker 3: a lot of potentially, you know, a nice jump up
27:49
Speaker 3: into maybe June July up to thirty dollars, maybe a
27:51
Speaker 3: little summer well, and then you definitely could get up
27:54
Speaker 3: to maybe eighty dollars by into years. I think there's
27:56
Speaker 3: a lot of potential for chain Link right here about
27:59
Speaker 3: a you know, nine billion dollar, almost ten billion dollar
28:01
Speaker 3: market cap, you know, I think you could potentially get
28:04
Speaker 3: a five x or more from where we are right now.
28:06
Speaker 3: And that would be you know, eighty dollars or you know,
28:09
Speaker 3: prior back to that fifty dollars market. At least I
28:10
Speaker 3: think you got a good shot at so Chainley looks excellent.
28:13
Speaker 1: Needless to say, Evan, it sounds like you are all
28:16
Speaker 1: in on bullish for the market right now.
28:20
Speaker 3: For yeah, I think until you know, for the next month,
28:23
Speaker 3: you know, until I think you normally at the end
28:26
Speaker 3: of QT, you know when maybe in June, when they
28:28
Speaker 3: officially end QT, that's when you may see a little
28:31
Speaker 3: summer pullback. But as of right now into the big
28:33
Speaker 3: one conference, I think we're going to continue to do
28:35
Speaker 3: very well.
28:35
Speaker 1: Yeah, yeah, all right, guys, let me know in the
28:37
Speaker 1: comments down below. Don't forget hit Evan up over on
28:40
Speaker 1: YouTube at evan Aldough. You can check him over there,
28:42
Speaker 1: follow him on Twitter at real evan Aldough.
28:45
Speaker 2: Evan, thanks for coming in today. We appreciate it.
28:47
Speaker 3: Thanks so much, really appreciate it. ONNRE to be on.
28:50
Speaker 1: All right, man, see you later. All right, guys, As
28:52
Speaker 1: I said, jump into that diamond circle. It's a great
28:55
Speaker 1: place to get additional content from us. Follow me out
28:58
Speaker 1: there on X at Paul Barron. We'll catch you next time,
29:00
Speaker 1: right here on techpath.
29:08
Speaker 5: Mm hmm