Latest / The Paul Barron Crypto Show / Tariff War vs Crypto📈Technical Analysis w/ Investing Broz
Transcript
- 0:08Speaker 1: The day has happened, and today of course is going
- 0:10Speaker 1: to be a big factor around tariffs versus crypto. We'll
- 0:12Speaker 1: break it down for you with Tim today. It's going
- 0:15Speaker 1: to be a good one. My name is Paul Barrel.
- 0:16Speaker 1: Welcome back in the tech path. Before I get started,
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- 0:51Speaker 2: So check it out.
- 0:52Speaker 1: All right, you guys know that we have Tim coming
- 0:54Speaker 1: in from Investing Bros. And by the way, if you've
- 0:57Speaker 1: never seen Tim Warren's channel, just jump on over to
- 1:00Speaker 1: YouTube search Investing bros with a Z with a Z
- 1:05Speaker 1: and you will get this channel right here. It's one
- 1:07Speaker 1: of the gems of the crypto internet.
- 1:11Speaker 2: I think. So Tim does a great job.
- 1:12Speaker 1: Check his channel out, and of course you gotta subscribe
- 1:15Speaker 1: to guys. Just hit that little subscribe.
- 1:17Speaker 2: How are you, Tim, doing good?
- 1:19Speaker 3: Doing good? Thank you for that introduction.
- 1:21Speaker 4: Yeah, we uh you know, we started doing this this
- 1:24Speaker 4: last week and a half. We've been doing live trading
- 1:26Speaker 4: in the mornings. It's been a lot of fun. I
- 1:28Speaker 4: love swing training, right, a lot of swing trading. I'm
- 1:30Speaker 4: good at swinge trading. I'm getting into scalping and day
- 1:33Speaker 4: trading with the community. So that has been a change
- 1:36Speaker 4: to my schedule, a change how I viewed charts. But
- 1:38Speaker 4: it's been a lot of fun.
- 1:39Speaker 2: Scalping.
- 1:40Speaker 1: We got to talk about that while we get into
- 1:42Speaker 1: the bitcoin chart, because that would have been a good
- 1:43Speaker 1: scalp right now. I mean, if you'd have played that
- 1:45Speaker 1: earlier in the week.
- 1:46Speaker 4: We had a big win this morning at our nine
- 1:48Speaker 4: am stream. We had a big win on bitcoin this morning.
- 1:50Speaker 1: So yeah, very nice, very nice. Hey, let's get into
- 1:53Speaker 1: a couple of things here. Obviously, Donald Trump is out
- 1:56Speaker 1: there promoting and doing what he does, which is the
- 1:58Speaker 1: media master. It's liber Ration Day in America. All this
- 2:02Speaker 1: is about these tariffs, and at four pm today in
- 2:05Speaker 1: the Rose Garden, we're going to see what Trump has
- 2:07Speaker 1: to say. Let me go to this clip, take a look.
- 2:10Speaker 5: We have just a few hard details as to what
- 2:13Speaker 5: to expect. One is that all of these tariffs being
- 2:15Speaker 5: announced today are expected to be effective immediately, so no
- 2:19Speaker 5: lead time for companies to get adjusted to this. We
- 2:21Speaker 5: also know that the Treasury Secretary Scott Bessant told lawmakers
- 2:25Speaker 5: on the Hill yesterday that he expects these tariff rates
- 2:27Speaker 5: to be the maximum level that the US would ever go,
- 2:30Speaker 5: that they can only be negotiated down from here. He
- 2:33Speaker 5: says that was a way to try to gin up
- 2:34Speaker 5: some certainty for the markets. The way, We'll say, there's
- 2:36Speaker 5: some skepticism that President Trump wouldn't decide to respond to
- 2:40Speaker 5: some retaliation by raising tariffs further, and the White House
- 2:43Speaker 5: would not confirm that detail to me. We know there
- 2:46Speaker 5: had been four, I would say main options on the table.
- 2:49Speaker 5: One is the idea of a blanket tariff as high
- 2:51Speaker 5: as twenty percent on nearly all imports across the board.
- 2:55Speaker 5: I've been told over the past twenty four hours that
- 2:57Speaker 5: was seen as a less likely option option. There's been
- 3:00Speaker 5: a lot of reporting since late yesterday of maybe a
- 3:03Speaker 5: lower than twenty percent tariff on a smaller subset of countries.
- 3:06Speaker 5: I was also told not to get too excited about
- 3:09Speaker 5: that idea, but was definitely an option that was on
- 3:11Speaker 5: the table the other two or this idea of tiered
- 3:14Speaker 5: tariff rates, multiple rates for different countries, or a customized
- 3:18Speaker 5: country by country rate, every country getting its own option,
- 3:22Speaker 5: getting its own tariff rate. Then of course we get
- 3:24Speaker 5: retaliation in response to all of that. But again, guys,
- 3:28Speaker 5: we're not expecting to get any of those firm details
- 3:30Speaker 5: until four pm today, so still a lot of questions
- 3:33Speaker 5: and a lot of things still to come between now
- 3:35Speaker 5: and then.
- 3:36Speaker 1: So Tim, this seems to be at least some sort
- 3:40Speaker 1: of clarity in the sense that he's saying, hey, yeah,
- 3:41Speaker 1: we're going to maximize this, it's not going to go
- 3:43Speaker 1: any higher, and we're going to negotiate down. So it's like,
- 3:48Speaker 1: this is a great, in my opinion, is a great
- 3:51Speaker 1: way to start negotiations, because I know that I do
- 3:54Speaker 1: that in negotiations. You go with the max that you
- 3:57Speaker 1: think you can get and you're willing to come off
- 3:59Speaker 1: of that. Maybe that's why we're seeing bitcoins start to
- 4:03Speaker 1: move a little bit.
- 4:04Speaker 2: What is your thoughts on this right now?
- 4:06Speaker 4: Well, I mean, listen, for anyone who voted for Trump,
- 4:09Speaker 4: this is the man you voted for, a guy who
- 4:11Speaker 4: wrote a book called The Art of the Deal. He's
- 4:13Speaker 4: not walking into any room to make any negotiation without
- 4:16Speaker 4: feeling like he holds all the cards. So even like
- 4:19Speaker 4: when watching this clip and she says, you know, he's
- 4:21Speaker 4: made up his final decision.
- 4:22Speaker 3: This is what's happening. Let's be honest.
- 4:24Speaker 4: The decision that he has decided is I'm gonna win, right,
- 4:28Speaker 4: That's the decision. The details will sort out later, depending
- 4:30Speaker 4: on how the chess pieces want to move on the board.
- 4:33Speaker 4: But he doesn't lose deals. He wins deals. Whether that's
- 4:36Speaker 4: good or bad for America, leave it up to the
- 4:37Speaker 4: viewer to decide for themselves. Everyone's gonna be on a
- 4:40Speaker 4: different side of that about how they think about tariff'
- 4:42Speaker 4: short term and long term. But now I think, you know,
- 4:45Speaker 4: I think Paul's we've had tariff chaos now for months.
- 4:47Speaker 4: I mean, tariff chaos has started since he entered the
- 4:50Speaker 4: White House on January twentieth. Anyone who thinks today is
- 4:53Speaker 4: the last story of the page or the tariff chaos, sorry,
- 4:57Speaker 4: we're just getting going. It's going to continue to be
- 4:59Speaker 4: a story throughout his whole presidency. The question is moving forward,
- 5:03Speaker 4: will it be a win for America or will it.
- 5:06Speaker 3: End up being a net loss. That's for people disagree
- 5:09Speaker 3: on it. Right now.
- 5:10Speaker 1: When you look at the bitcoin chart right now, how
- 5:13Speaker 1: does bitcoin play out on this market? If we were
- 5:16Speaker 1: to go negative, Let's play the negative, Yeah, stands first,
- 5:21Speaker 1: and then we'll look at the positive side.
- 5:22Speaker 2: Give me a chart now.
- 5:24Speaker 4: Yeah, we can talk about bad case, really bad case,
- 5:28Speaker 4: worst case scenario stuff. Let's look at the chart here.
- 5:30Speaker 4: People have called me crazy. People have called me crazy
- 5:32Speaker 4: with analysis. I mean right now, most analysts out there.
- 5:36Speaker 4: You either have people that are extremely bullish saying bottom
- 5:38Speaker 4: in bitcoin taking off here soon. You have other people
- 5:41Speaker 4: saying this is simply another dead cat bounce, bear market coming.
- 5:45Speaker 4: Very few people have been talked about since this moved
- 5:48Speaker 4: back in seventy seven that we probably would make our
- 5:51Speaker 4: way back up to ninety one, ninety two, maybe as
- 5:53Speaker 4: high as ninety four, but I think ninety two is
- 5:55Speaker 4: a good area to watch and then still have a
- 5:57Speaker 4: move back down towards seventy four to seventy two. And
- 6:00Speaker 4: that's just what I've been saying to our community. I
- 6:02Speaker 4: think I've said it on this channel here before as well,
- 6:05Speaker 4: and people call me.
- 6:05Speaker 3: Crazy and then not here yet I haven't.
- 6:07Speaker 4: I haven't officially gotten been right yet, right, So I'm
- 6:10Speaker 4: gonna hold off and say maybe I'm gonna be wrong,
- 6:12Speaker 4: but things are clearly looking like that might be a
- 6:14Speaker 4: case or here we have a very good win today.
- 6:17Speaker 4: Have not set a higher high, So before we get
- 6:19Speaker 4: too bullish, we have not set a higher high since
- 6:23Speaker 4: January of twenty twenty, right. But what we're doing right
- 6:26Speaker 4: now today, this long resistance trend that we have waked
- 6:30Speaker 4: up to and we've flirted with several times since January.
- 6:34Speaker 4: For the first time, it looks like we have a decent,
- 6:36Speaker 4: sustained breakout happening on Bitcoin. We'll talk more levels later
- 6:40Speaker 4: for trading. I'm watching right here short term, but the
- 6:43Speaker 4: next couple of hours keep an eye on eighty eight
- 6:45Speaker 4: to eighty nine could be the next level of resistance.
- 6:47Speaker 4: But I'm still keeping an eye on this ninety k
- 6:50Speaker 4: range ninety one ninety two k range. There's a two
- 6:52Speaker 4: daily bi signal on luxago still in effect. We had
- 6:55Speaker 4: a green universal bullish momentum and our money flow went positive.
- 6:59Speaker 4: That tradey which I'm holding out on coming in the
- 7:02Speaker 4: bottom is at ninety one three forty ninety one three fifty, right,
- 7:05Speaker 4: So that's what I'm still watching. Then you get into
- 7:08Speaker 4: the bad case scenario stuff, Paul, Right, So everyone's bullish
- 7:11Speaker 4: on this right now. Everyone's feeling really good today. I'm
- 7:14Speaker 4: tracking that shorter term bullishness with also still having this
- 7:18Speaker 4: longer term two weekly bearish signal. Remember I said we
- 7:21Speaker 4: have not set in higher highs just yet. This is
- 7:23Speaker 4: in the first If we close this two weekly candle
- 7:26Speaker 4: in the white right, and I think we have some time,
- 7:27Speaker 4: we have two weeks to do it, but we close
- 7:29Speaker 4: this in the bullish, this will be the first bullish
- 7:31Speaker 4: two weekly candle that we've had since back on January sixth,
- 7:35Speaker 4: and we had this major cell signal with bearish divergence,
- 7:38Speaker 4: red reversal, barish flamentum, negative money flow, all pointing at
- 7:42Speaker 4: a target down here towards seventy four thousand. Again, I
- 7:46Speaker 4: think seventy four to seventy two is gonna be very
- 7:47Speaker 4: interesting zone. But technically as low as sixty six and
- 7:51Speaker 4: then you want to get a little bit more special
- 7:53Speaker 4: with it. That to me maintains a bull market right
- 7:56Speaker 4: as long as we stay above sixty six thousand. I
- 7:58Speaker 4: know that's painful, no one wants to deal with that,
- 8:01Speaker 4: but tennically speaking, I think we maintain a bull market
- 8:03Speaker 4: the same way we did last summer when we wick
- 8:05Speaker 4: down to forty nine thousand in August or July maybe
- 8:09Speaker 4: I can't remember. I think it was August. I think
- 8:11Speaker 4: that's delile mis leaner right there. We stayed inside this
- 8:13Speaker 4: two weekly smart trail. We were good to go. Where
- 8:16Speaker 4: we get problems when bear markets start to come in
- 8:19Speaker 4: is when you finally do lose this two weekly sell signal.
- 8:22Speaker 4: Then you're starting to look at the monthly smart trail
- 8:25Speaker 4: and which case, all of a sudden, we're talking all
- 8:27Speaker 4: the way down to fifty two is where the monthly
- 8:30Speaker 4: could go. And then you have your bears out there.
- 8:32Speaker 4: They're going to tell you, hey, pay attention to old
- 8:36Speaker 4: resistance that never got retapped. Anyone who follows my technical analysis,
- 8:40Speaker 4: it's not one hundred percent, but you guys will know
- 8:42Speaker 4: I'm a big believer, and when you have a strong
- 8:44Speaker 4: level of resistance and that resistance is broken, you oftentimes
- 8:49Speaker 4: come back to revisit it. It's one of the big
- 8:51Speaker 4: reasons why back in the summer of twenty eight three,
- 8:54Speaker 4: I made the call that XRP, after shooting up towards
- 8:56Speaker 4: a dollar, would pull back back down towards the forty
- 8:59Speaker 4: sixth sense or whatever. And people call me crazy, but
- 9:01Speaker 4: it's because of this thing right here, and I think
- 9:03Speaker 4: a bear market if you're gonna ask me worst case scenario, Paul,
- 9:06Speaker 4: I don't think we're coming this slow, but if we did,
- 9:08Speaker 4: I think thirty one thousand, thirty thousand, it's gonna be
- 9:11Speaker 4: a very interesting zone for a bear market bottom because
- 9:14Speaker 4: of this resistance we had back in summer of twenty
- 9:16Speaker 4: twenty three that we never did come back down to retap.
- 9:19Speaker 4: You can see we just took off without it never
- 9:21Speaker 4: came back down. That being said, I have my eyes
- 9:24Speaker 4: pretty firmly fixed right here.
- 9:26Speaker 3: For now.
- 9:27Speaker 4: I have the next big bitcoin bisingal, long term bisingal
- 9:30Speaker 4: package coming in here between seventy four and seventy two.
- 9:33Speaker 4: If we lose that, I will address it later on.
- 9:35Speaker 4: But that's kind of my bad case expectation right now.
- 9:38Speaker 1: All right, so a couple of things in alignment. Let
- 9:41Speaker 1: me just get a clear answer here for the audience,
- 9:43Speaker 1: and that is, would you still consider yourself bullish in
- 9:47Speaker 1: the market?
- 9:49Speaker 3: Yeah?
- 9:49Speaker 4: Absolutely, I would say, as I said a little bit ago,
- 9:51Speaker 4: two weekly smart trail going down to sixty six thousand,
- 9:55Speaker 4: as long as we don't close a two weekly candle
- 9:57Speaker 4: below that sixty six thousand, main long term bullish. We're
- 10:01Speaker 4: talking about this tariffs though, and the chaos that are
- 10:03Speaker 4: turned with the tariffs. It could take a while, just
- 10:05Speaker 4: like last summer took seven eight months before we went
- 10:08Speaker 4: back to new highs.
- 10:09Speaker 3: Could be a similar situation.
- 10:10Speaker 1: Okay, But here's what I think.
- 10:12Speaker 2: This is the thing.
- 10:13Speaker 1: So either it's going to go one of two ways
- 10:16Speaker 1: for the Trump administration, and I would agree with you
- 10:19Speaker 1: to a certain extent.
- 10:20Speaker 2: If you look at this right here, you got the
- 10:22Speaker 2: you've got bricks.
- 10:22Speaker 1: Nations now United States is opposing new sanctions on Russia.
- 10:26Speaker 1: Then you jump over here, we've got China restricting companies
- 10:29Speaker 1: from investing in the United States. I'm kind of zoom
- 10:32Speaker 1: in on these so you guys can see.
- 10:33Speaker 2: These a little closer.
- 10:34Speaker 1: Here's Canada saying they will remove tariffs if the US does,
- 10:38Speaker 1: which is the first real indicator of a potential negotiation.
- 10:42Speaker 1: Then you've got right here the Mexican president who says
- 10:46Speaker 1: she will not impose a tit for tat tariffs on
- 10:49Speaker 1: the US.
- 10:49Speaker 2: The US.
- 10:50Speaker 1: So we're starting to see a little bit of loosening
- 10:53Speaker 1: in some of these strong postures. If and I want
- 10:56Speaker 1: to play this to you, if we see that some
- 10:59Speaker 1: of the these nations are caving to this negotiation for
- 11:03Speaker 1: the United States market, which is really what they're after,
- 11:07Speaker 1: would that not be a very bullish opportunity for the markets?
- 11:12Speaker 1: So maybe is this a precursor for a bitcoin over
- 11:17Speaker 1: ninety k and then a blowoff top like Tom Lee
- 11:20Speaker 1: has been talking about.
- 11:22Speaker 4: Yeah, so I'll tell you my belief system. And by
- 11:24Speaker 4: the way, I'm not some macroeconomic genius. I did okay
- 11:28Speaker 4: in my college class, right, So you got to take
- 11:30Speaker 4: what I say obviously with a.
- 11:31Speaker 3: Green of salt here.
- 11:32Speaker 4: But the way I'm looking at it, it very much
- 11:34Speaker 4: looks like Trump has a lot of countries where he
- 11:36Speaker 4: wants them. At moments it looks bad, then all of
- 11:38Speaker 4: a sudden it'll look really good. That Canada what one
- 11:41Speaker 4: week ago was threatening US. Now they're saying they'll remove
- 11:43Speaker 4: all their tariffs. Let's go in better.
- 11:46Speaker 3: Let's go past the tariffs though, Paul. Let's let's keep
- 11:48Speaker 3: a fullish situation.
- 11:49Speaker 4: China having closed door meetings about buying it, with their
- 11:52Speaker 4: country also potentially allowing their citizens to once.
- 11:55Speaker 3: Again buy bitcoin.
- 11:56Speaker 4: We know Russia already is wanted you foreign exchange, foreign
- 11:59Speaker 4: trade with bitcoin. We're watching major governments worldwide really warming
- 12:05Speaker 4: up to bringing bitcoin and cryptocurrency into their monetary systems. Right,
- 12:10Speaker 4: so this is all setting up very, very bullishly. We
- 12:12Speaker 4: see institutions getting more and more bullish. Here's my only
- 12:16Speaker 4: caveat as to why I still think you go down lower,
- 12:19Speaker 4: whether we double bottom at seventy seven, whether we go
- 12:22Speaker 4: to that seventy four or seventy two. And it's the
- 12:24Speaker 4: word manipulation, And people say I think everything's manipulation. I
- 12:27Speaker 4: call everything manipulation. And the reason why I call it
- 12:29Speaker 4: the manipulation is because that's how markets move. When you
- 12:32Speaker 4: and I, Paul, and you're probably a lot wealthier than
- 12:34Speaker 4: I am, right, so you might be a whale in
- 12:36Speaker 4: your own right, right, But when you and I want
- 12:39Speaker 4: to pull the price back to get a lower dip,
- 12:41Speaker 4: we have to be patient and wait for other people.
- 12:43Speaker 3: To do it.
- 12:43Speaker 4: It can take off without us, right But when a
- 12:46Speaker 4: massive institution or a massive whale who has billions of
- 12:50Speaker 4: dollars wants the price of something, they always find a
- 12:53Speaker 4: way to bring the price back. And that's where I'm
- 12:55Speaker 4: looking at that seventy four K and saying, I'm looking
- 12:58Speaker 4: at the bullishness of major countries. I'm looking at the
- 13:00Speaker 4: bullishness of major companies, and I realize that they have
- 13:03Speaker 4: the power and ability to bring the price to a
- 13:07Speaker 4: very advantageous level. And right now, seventy four k looks
- 13:10Speaker 4: very advantageous. So that doesn't cancel out my bullishness. It's
- 13:13Speaker 4: actually a part of my bullishness is that these large
- 13:16Speaker 4: players who want discounted bitcoin, who have the ability to
- 13:19Speaker 4: get there, can crash the price back down in a
- 13:22Speaker 4: manipulated move by their fill crush the spirit of the
- 13:25Speaker 4: average retail investor, convincing us to either sell it seventy
- 13:28Speaker 4: four k or not buy at all because we're convinced
- 13:30Speaker 4: a longer bear market's coming, and all of a sudden,
- 13:33Speaker 4: just like we've seen the past, the markets take off
- 13:35Speaker 4: and by the time retail gets optimistic again, we're sitting
- 13:39Speaker 4: at one hundred and twenty hundred and thirty hundred and
- 13:40Speaker 4: fifty thousand dollars.
- 13:41Speaker 1: Yeah, and I think that's the thing that a lot
- 13:43Speaker 1: of people have to remember, and you really just have
- 13:45Speaker 1: to kind of zoom out and look at long term
- 13:47Speaker 1: position holding. I understand a lot of you guys are
- 13:49Speaker 1: probably maybe in a more of a short trade. You're
- 13:52Speaker 1: trying to get the profits.
- 13:53Speaker 2: Now.
- 13:53Speaker 1: I get that everybody's financial situation is a little bit different,
- 13:56Speaker 1: but it's definitely one to keep an eye on. Let's
- 13:59Speaker 1: showp over to Ethereum because that's another one that I
- 14:02Speaker 1: think is going to be brewing. And of course, if
- 14:05Speaker 1: you look at tokenis gold hit one point five billion
- 14:09Speaker 1: and now potentially could blockchain be the future of an
- 14:13Speaker 1: over thirteen trillion dollar gold market.
- 14:15Speaker 2: If that is the case. We just did a show
- 14:17Speaker 2: on this yesterday.
- 14:19Speaker 1: Ethereum sets in the bird seat. I mean they are
- 14:22Speaker 1: perfect in when I say they meaning the token is
- 14:25Speaker 1: in a perfect position to where we will start to
- 14:28Speaker 1: see yields coming in on Ethereum. Obviously that's going to
- 14:31Speaker 1: drive the price up, possibly gas down. More good news
- 14:35Speaker 1: for the eth ecosystem. What about the charts? Where do
- 14:38Speaker 1: you like Ethereum right now?
- 14:40Speaker 4: Yeah, Actually just recorded a video last night about Ethereum.
- 14:43Speaker 4: It's going to be going out tomorrow morning, and I'll
- 14:45Speaker 4: spoil it for your viewers. You guys have to hear it.
- 14:47Speaker 4: The title is why I'm about to dump my Ethereum,
- 14:51Speaker 4: So people are going to want to want to watch that.
- 14:53Speaker 4: It's not as bad as people would think, though that
- 14:55Speaker 4: is a It's not clickbait. I will tell you it's
- 14:57Speaker 4: not clickbait. But there's details I talk about out that
- 15:00Speaker 4: people need to know about Ethereum. With that said, I'm
- 15:03Speaker 4: looking at the end of the month on Ethereum. That
- 15:05Speaker 4: Pectra upgrade that's supposed to help with fees, it's supposed
- 15:08Speaker 4: to help with wallet management, it's supposed help with a
- 15:10Speaker 4: lot of different things I talk about in this video.
- 15:13Speaker 4: That pecture upgrade is gonna be very crucial to getting
- 15:15Speaker 4: Ethereum back on his feet. Because we can sit here
- 15:17Speaker 4: all day long, Paul and talk about the fundamentals of
- 15:20Speaker 4: Ethereum and say, man, it has this chance, and it has
- 15:22Speaker 4: this possibility, and it's doing this. But at a certain point,
- 15:26Speaker 4: the charts do need to back up what this is
- 15:29Speaker 4: doing at So with that kind of being said, we're
- 15:31Speaker 4: taking a look at a chart here which is sitting
- 15:33Speaker 4: on a major level support. Let's be very optimistic and
- 15:36Speaker 4: bullsh about Ethereum. It's sitting on a major level support.
- 15:39Speaker 4: I talk about in the video that's gonna come out
- 15:41Speaker 4: tomorrow morning, where I think price could go to the episode.
- 15:43Speaker 4: I'll talk a little bit about that here. What you're
- 15:45Speaker 4: worried about with Ethereum, we were under a very long
- 15:48Speaker 4: term bullish structure. To see this rising blue line. I
- 15:51Speaker 4: know I've got a lot of blue going on the screen,
- 15:53Speaker 4: but stick with me on the rising one that was
- 15:55Speaker 4: going back to the bear market bottom in June of
- 15:57Speaker 4: twenty twenty two. We lost that here in February and
- 16:00Speaker 4: people were freaking out. Well, we fell to the next
- 16:02Speaker 4: what maybe you want to call it a spider line.
- 16:04Speaker 4: See my green rising line right here. Ye, this is
- 16:07Speaker 4: a support level getting back to March twenty twenty three,
- 16:10Speaker 4: and we've had two touches here within the last couple
- 16:12Speaker 4: of weeks. I do think this is a major spot
- 16:15Speaker 4: to keep an eye on for Ethereum.
- 16:17Speaker 3: I believe. Let me make sure I'm.
- 16:19Speaker 4: Right about this, But I believe, yes, I do think
- 16:22Speaker 4: we have some also some bullish divergence for me out
- 16:25Speaker 4: here on the weekly chart.
- 16:26Speaker 3: Very good start where.
- 16:27Speaker 4: You're seeing clearly a higher low at the moment on
- 16:30Speaker 4: Ethereum's price action, but you look at the oscillators and
- 16:33Speaker 4: you're seeing lower lows. Right, that's a long term bullish
- 16:35Speaker 4: move as well. The daily chart is giving us a
- 16:39Speaker 4: bi signal from luxago. I do believe the two daily
- 16:42Speaker 4: chart is very close if it's not already printed there, So,
- 16:45Speaker 4: sitting on that support seeing all this stuff happening, you're
- 16:48Speaker 4: looking up here and you're saying, hey, reasonably, a theorem
- 16:51Speaker 4: could get a nice pop here. If bitcoin starts ahead
- 16:53Speaker 4: towards ninety K, a theorem could get a pop up
- 16:56Speaker 4: here to twenty three, maybe up towards twenty four hundred
- 16:59Speaker 4: dollars easily. It doesn't stop the massive bleeding happening. Where
- 17:03Speaker 4: this chart is dramatically down, I mean ethereum, with everything
- 17:08Speaker 4: else being down fifty sixty percent, You would think a
- 17:10Speaker 4: theory would only be on thirty to forty, but in
- 17:11Speaker 4: itself is down fifty percent in this recent dip. It
- 17:15Speaker 4: needs to get a fast and quick recovery to regain
- 17:19Speaker 4: some of its momentum, and unfortunately, what we're watching again
- 17:22Speaker 4: if Bitcoin's gonna go down. I'm also monitoring where is
- 17:26Speaker 4: the next major low for Ethereum, and one of my
- 17:28Speaker 4: favorite ways to track macro support resistance levels is using
- 17:33Speaker 4: the fixed Trains volume profile tool. I do this in
- 17:35Speaker 4: the video, but I want to show you guys here
- 17:38Speaker 4: we've hit the first major support level right when we
- 17:40Speaker 4: when we dropped back here in May, I told people, hey,
- 17:43Speaker 4: look at this dip right here around twenty one forty five.
- 17:46Speaker 4: Guess where we kind of bottomed out back in the
- 17:48Speaker 4: summer of twenty eighty four, twenty one to forty five. Now,
- 17:50Speaker 4: I didn't think we were gonna lose that, but I
- 17:52Speaker 4: did tell people, hey, when we did some worst case
- 17:54Speaker 4: scenario analysis, I didn't think what happened. I said, the
- 17:56Speaker 4: next two spots I'm watching seventeen seventy eight, that's where
- 17:59Speaker 4: we buy out here more recently, if we lose that one,
- 18:02Speaker 4: fourteen hundred is going to be where you're watching for
- 18:05Speaker 4: Ethereum's next bottom position. But the bigger question, and this
- 18:07Speaker 4: is where I tackle on the video that's going to
- 18:09Speaker 4: be coming out tomorrow, what is the upside on ethereum
- 18:13Speaker 4: And I'll tell you ten thousand dollars. Ten thousand dollars
- 18:16Speaker 4: I think is still very reasonable for ethereum.
- 18:18Speaker 3: So some of you are.
- 18:18Speaker 4: Saying that's awesome, Tim, I want to hold to Then
- 18:21Speaker 4: in the video, I question is it worth it holding
- 18:23Speaker 4: ethereum to ten thousand or should you look to move
- 18:26Speaker 4: into something else as well? But in the short term
- 18:29Speaker 4: major support right now at fort seventeen hundred, we bounced
- 18:33Speaker 4: off that one. I think twenty three to twenty four
- 18:35Speaker 4: hundred is a nice little level of resistance to the
- 18:37Speaker 4: upside when you're looking at two daily smart trail target,
- 18:40Speaker 4: that trail that's coming down here easily can make our
- 18:43Speaker 4: move way back up there. If we can break above
- 18:45Speaker 4: twenty five hundred, we'll start talking about three thousand once again.
- 18:48Speaker 4: But for now, that's the major resistance sitting up above us.
- 18:51Speaker 1: All right on ethereum right now, Tim, if you were
- 18:53Speaker 1: to exit the position, and you know that you're looking
- 18:58Speaker 1: because a lot of these tokens are suppressed right now,
- 19:00Speaker 1: is there an opportunity what would you push it into?
- 19:04Speaker 1: Would you dive into one asset or would you look
- 19:07Speaker 1: across a variety.
- 19:09Speaker 4: Yeah, I mean, so I go into this in the video.
- 19:11Speaker 4: But again, I'll just tell you guys here go watch
- 19:13Speaker 4: tell everybody go watch the video as well. Even though
- 19:15Speaker 4: I'm gonna be echoing a lot of the same thoughts. Ultimately,
- 19:19Speaker 4: when I'm looking at my investments, every investor should be
- 19:22Speaker 4: thinking risk to reward ratio.
- 19:24Speaker 3: Right, let's talk about Bitcoin for example.
- 19:27Speaker 4: Realistically, Bitcoin, I think best case scenario is somewhere between
- 19:29Speaker 4: two hundred and three hundred in this bull market, which
- 19:31Speaker 4: means a little more than a two to three x left.
- 19:33Speaker 4: But that's not a lot of games left in bitcoin, right,
- 19:36Speaker 4: even if that Super bowlsh scenereo plays out. The reason
- 19:40Speaker 4: why I still hold Bitcoin, though, is because while the
- 19:41Speaker 4: reward might be minimal, it's still a good reward and
- 19:45Speaker 4: the risk, in my personal opinion, is super low. Then
- 19:48Speaker 4: you move into the other coins, and I think there's
- 19:50Speaker 4: like a tier two, right, Bitcoin's by itself, Tier two
- 19:54Speaker 4: would be like Ethereum, Salona, and XRP.
- 19:56Speaker 3: Clearly Ethereum is the highest of.
- 19:58Speaker 4: Them all, but all three of these coins, I think
- 20:01Speaker 4: five to eight X is about what we're looking at
- 20:04Speaker 4: and expecting these coins to do. The question becomes if
- 20:08Speaker 4: all three of them are going to five to eight X,
- 20:10Speaker 4: and I think Solana could do a little better than that.
- 20:12Speaker 4: Which one has the riskiest amount to it? Like if
- 20:15Speaker 4: you were to say one of those coins Ethereum, Salona,
- 20:17Speaker 4: XRP is going to fail in this bull market, which
- 20:19Speaker 4: one of you, in your opinion, is the most likely
- 20:21Speaker 4: to fail And where I'm sitting right now, Paul, people
- 20:23Speaker 4: can disagree with me, but I think XRP looks pretty
- 20:26Speaker 4: safe right now. Solana is still really special, and I
- 20:29Speaker 4: still have high hopes for a theorem. I'm not trying
- 20:31Speaker 4: to fud it. I'm just saying, if you ask me, Tim,
- 20:33Speaker 4: pick one that has the greatest.
- 20:35Speaker 3: Potential to fail.
- 20:36Speaker 4: It's Ethereum, and so therefore it has very limited upside
- 20:40Speaker 4: only a five to eight X. I can get that
- 20:41Speaker 4: out of XRP and Solana, and it has a greater
- 20:44Speaker 4: risk or downside.
- 20:45Speaker 3: That's my kind of thought about.
- 20:47Speaker 4: Maybe I just go ahead and the next pump move
- 20:49Speaker 4: those Ethereum holdings over into XRP and Solana that are
- 20:52Speaker 4: looking very solid right now.
- 20:54Speaker 2: Yeah.
- 20:54Speaker 1: Let me jump over to Tasla and this is a
- 20:57Speaker 1: clip talking about their performance on their profits.
- 21:02Speaker 6: Take a look, hey, Carl, we knew these would not
- 21:04Speaker 6: be good looking numbers, and they are worse than expected.
- 21:07Speaker 6: Three thirty six and sixty eight vehicles three hundred and
- 21:11Speaker 6: thirty six thousand, sixty eight vehicles delivered in the first
- 21:15Speaker 6: quarter for Tesla. For a point of reference, the street
- 21:18Speaker 6: was expecting, the street account was expecting based on analyst
- 21:23Speaker 6: expectations three seventy one. Most were saying three point fifty
- 21:27Speaker 6: to three sixty. Now they're coming in at three thirty
- 21:30Speaker 6: six sixty eight production of three sixty two six point fifteen.
- 21:35Speaker 6: So for some point of reference here, you're going back
- 21:38Speaker 6: to Q two, maybe Q one of twenty twenty two
- 21:43Speaker 6: in terms of the last time that they had production
- 21:45Speaker 6: this or deliveries this low for one quarter. So again,
- 21:49Speaker 6: Tesla deliveries worse than expected at just over three hundred
- 21:53Speaker 6: and thirty six thousand deliveries in the first quarter.
- 21:56Speaker 1: Maybe the bounce on Tesla right now, because it's up
- 21:59Speaker 1: twelve percent for the low Yeah, could be the fact
- 22:03Speaker 1: that maybe finally this report has got Elon's attention and
- 22:08Speaker 1: people are thinking, maybe he sets up his departure from Doze.
- 22:12Speaker 1: This is the perfect segue for him to say yeah,
- 22:16Speaker 1: I love my country, but my company is still you know,
- 22:19Speaker 1: very important to me, and I need to try to
- 22:21Speaker 1: save Tesla.
- 22:22Speaker 3: But it could be wrong.
- 22:23Speaker 4: Didn't he just announce that he's expecting to be done
- 22:25Speaker 4: with Doze in May?
- 22:27Speaker 2: So maybe that's the key right there. Maybe that would
- 22:30Speaker 2: be the case if.
- 22:31Speaker 1: He comes out on that, but that would be somewhat
- 22:33Speaker 1: bullish for Tesla overall. Do you like this as as
- 22:36Speaker 1: a stock trade right now?
- 22:37Speaker 2: Would you trade this?
- 22:38Speaker 3: Yeah?
- 22:39Speaker 4: This is one that we actually showed in our channel
- 22:41Speaker 4: the other day as a good little buy once we
- 22:44Speaker 4: cleared out some levels here. This is a level back here,
- 22:48Speaker 4: this this yellow box a zone of resistant support areas
- 22:52Speaker 4: for a long time here on Tesla, but even more
- 22:55Speaker 4: recently again last week around the twenty first on Friday,
- 23:00Speaker 4: closed here at two forty eight. It had a nice
- 23:02Speaker 4: Monday morning pop opened up here at two pfty seven,
- 23:04Speaker 4: had a little bit of a surge. We told our users, hey,
- 23:07Speaker 4: if we can come down and clear this gap again,
- 23:09Speaker 4: closed that gap, we'd be good to buy. Sure enough,
- 23:12Speaker 4: we did it here on Monday. Had a little bit
- 23:14Speaker 4: of momentum yesterday in that video. I don't know if
- 23:16Speaker 4: that went out last night but clearly today Tesla has
- 23:19Speaker 4: popped off after opening low. People were so worried this morning, Paul.
- 23:23Speaker 4: People were saying, oh, here we go. The stock market
- 23:25Speaker 4: is down. You know, we closed yesterday on Tesla at
- 23:27Speaker 4: two sixty eight. We opened up way down at two
- 23:29Speaker 4: pfty four. Let me see, I'm going to be sure
- 23:30Speaker 4: I get the percentage on that one correctly. Yeah, we
- 23:32Speaker 4: opened up five percent down and then today has been
- 23:35Speaker 4: nothing but moved to the upside on this day that
- 23:38Speaker 4: was supposed to be so very bearish.
- 23:40Speaker 3: I'm bullish on Tesla.
- 23:41Speaker 4: I think that this has been a golden opportunity for
- 23:45Speaker 4: Tesla holders to get prices back down below three hundred
- 23:48Speaker 4: after it looked like we were taking off in December.
- 23:50Speaker 4: This has been a great as a godsend. I was
- 23:53Speaker 4: buying Tesla for.
- 23:54Speaker 2: Sure, all right. So there you have it, guys.
- 23:56Speaker 1: Tim is bullish on Tesla on that one, And of
- 23:59Speaker 1: course I think the the longer picture here is really
- 24:02Speaker 1: about where Elon gets back into the private sector in
- 24:06Speaker 1: running SpaceX, Tesla and of course many of the other companies,
- 24:10Speaker 1: and of course that I think would be somewhat bullish
- 24:13Speaker 1: for those markets, maybe even bullish to a certain extent
- 24:16Speaker 1: to pull a little pressure off of the administration, which
- 24:19Speaker 1: seems to be getting a lot of heat both ways.
- 24:22Speaker 1: Let's talk about Japan's number two bank. They're going to
- 24:25Speaker 1: create a stable coin. Speaking of stable coins, this stable
- 24:28Speaker 1: coin is going to run on You've heard it right here,
- 24:31Speaker 1: guys on Avalanche. So, Avalanche a long time favorite of
- 24:36Speaker 1: our channel. It has been a little bit slower recently,
- 24:40Speaker 1: less deals coming out into the news. Obviously if you're
- 24:45Speaker 1: following Gonzilla and in much of their launch within the
- 24:48Speaker 1: gaming community, I won't say a huge win. But where
- 24:51Speaker 1: would you say Avalanche is right now in terms of
- 24:54Speaker 1: a chart.
- 24:56Speaker 4: Yeah, So this is one where my heart and my
- 25:00Speaker 4: rain that looks at the news is at very much
- 25:02Speaker 4: in odds with my charting.
- 25:04Speaker 3: So I love Avax. I'm still holding Avax.
- 25:07Speaker 4: You see these headlines prices downstream of fundamentals, but the
- 25:11Speaker 4: charts are just still abysmal here right. I think I've
- 25:15Speaker 4: been on your channel before saying and one of the
- 25:16Speaker 4: reasons why I said Avax fits this bill, even though
- 25:19Speaker 4: I don't like that it does. It lost momentum here,
- 25:21Speaker 4: not getting up as high in December as it was
- 25:23Speaker 4: last year In March. That's a bad sign right there.
- 25:27Speaker 4: The fact that we did drop down lower here in
- 25:29Speaker 4: March of twenty eighty five, we dropped lower than those
- 25:32Speaker 4: lows back in August. That's a bare trend, right Technically,
- 25:37Speaker 4: If I look at bitcoin, bitcoin is still in a
- 25:39Speaker 4: bull trend from last summer.
- 25:41Speaker 3: If you looked at XRP, clearly bull trend, Solana, I
- 25:44Speaker 3: know it.
- 25:44Speaker 4: Seems weird, but technically still a sideway's at best, but
- 25:47Speaker 4: bullish trend going higher, and I could go through a
- 25:50Speaker 4: lot of them.
- 25:51Speaker 3: Avax doesn't fit that, bill, Avax.
- 25:53Speaker 4: If you go back to the highs of March twenty four,
- 25:55Speaker 4: has put in a lower high and now two lower lows. Okay,
- 25:58Speaker 4: that's a bear trend. We said, these are still bullish formations,
- 26:01Speaker 4: this falling channel. We are closer towards the bottom then
- 26:05Speaker 4: we've been here recently. But Avax, if you were going
- 26:07Speaker 4: to talk about, hey, what happens if Bitcoin starts to
- 26:09Speaker 4: drop again, I mean it could easily come back down
- 26:11Speaker 4: and touch the screen line back down towards fifteen dollars.
- 26:15Speaker 4: With that said, let's take a look though at some
- 26:17Speaker 4: more moves the potentially moving to the upside.
- 26:19Speaker 3: What really could happen here.
- 26:21Speaker 4: We had a good bystingal on the daily chart that
- 26:22Speaker 4: did hit its daily smart trail. But then it looks
- 26:26Speaker 4: like we're working right now on loading up again here
- 26:28Speaker 4: on the daily chart green niversal bullish momentum, positive money flow.
- 26:32Speaker 4: The two daily chart, I think is another one here
- 26:34Speaker 4: that either was on a bubble.
- 26:35Speaker 3: There we go.
- 26:35Speaker 4: We actually did get that launch there, felt short of it.
- 26:38Speaker 4: We still have targets up here at twenty five dollars.
- 26:41Speaker 4: I don't think this is one though.
- 26:42Speaker 3: Let me look here.
- 26:44Speaker 4: Yeah, the luxe Ago indicator is saying this is bullish divergence.
- 26:48Speaker 3: It's not.
- 26:49Speaker 4: And the reason why I'm saying that is because we're
- 26:51Speaker 4: put in a lower low in price action and lower
- 26:53Speaker 4: low in our oscillator action here as well. So we
- 26:56Speaker 4: don't have that bullish weekly divergence, but we are extremely low.
- 26:59Speaker 4: It does look like one of the few coins out
- 27:01Speaker 4: here right now that is about to print a buy
- 27:03Speaker 4: signal on the weekly chart green reversal. We have the
- 27:05Speaker 4: bullish divergence line, but the green reversal dot is important
- 27:08Speaker 4: there and then that positive money flow all of a sudden,
- 27:11Speaker 4: now AVAX with some good news coming out here.
- 27:14Speaker 3: Recently, look at where the target is.
- 27:17Speaker 4: I tell my traders I always love when I get
- 27:19Speaker 4: a buy signal and I look and we are extremely
- 27:22Speaker 4: far away from the closest smart trail. It's like a
- 27:25Speaker 4: rubber band. The farther you pull a rubber band, the
- 27:27Speaker 4: more elastic it is, the more powerful it is.
- 27:30Speaker 3: Coming back.
- 27:31Speaker 4: We have targets back up towards resistance up here, towards
- 27:34Speaker 4: fifty dollars on Avax. If we can break above that
- 27:36Speaker 4: and start setting higher highs again, Avax still has I
- 27:39Speaker 4: think a very good opportunity to get closer towards two
- 27:43Speaker 4: hundred dollars before this bull market is over.
- 27:46Speaker 3: But for right now, we are sitting on some macro
- 27:48Speaker 3: buying signals.
- 27:49Speaker 4: I would say, if you get an opportunity to buy
- 27:51Speaker 4: back at fifteen thirty two, I would take advantage of that.
- 27:53Speaker 4: I do think that's gonna be about as low as
- 27:55Speaker 4: Avax is able to go and maintain its bullishness.
- 27:58Speaker 3: That's how That's what I'm handling it now.
- 28:00Speaker 1: Yeah, and that would be a potential they're over a
- 28:02Speaker 1: ten x if it were to kind of retrace back
- 28:04Speaker 1: down to around fifteen.
- 28:05Speaker 2: So, Tim, what are your thoughts on the cycles.
- 28:08Speaker 1: I mean, not necessarily the cycle of the four year cycle,
- 28:11Speaker 1: but the cycles of these bull runs. Because many people
- 28:14Speaker 1: are looking at this bull run. Sure it's been affected
- 28:19Speaker 1: by a lot of negative news, but also positive news
- 28:23Speaker 1: with regulation, you know, a shift in administration. Do you
- 28:27Speaker 1: think it's this bull run that we're going to see
- 28:29Speaker 1: the most games or do you feel like the cycle
- 28:31Speaker 1: is really going to happen next bull run, the next
- 28:35Speaker 1: time we see the market, because then you're going to
- 28:36Speaker 1: have all regulation countries and states and everybody all in
- 28:42Speaker 1: technology starting to roll in. What are your thoughts or
- 28:46Speaker 1: is it too late by them?
- 28:47Speaker 3: Yeah?
- 28:48Speaker 4: So this is going to be an either or for me,
- 28:50Speaker 4: because I can't ever guarantee anything. It's either Paul going
- 28:53Speaker 4: to be this bullmarket, right, if this continues to be
- 28:56Speaker 4: a bullmarket, it's either to be this one or the
- 28:58Speaker 4: next one that's going to be the biggest ones. Why
- 29:00Speaker 4: Because it's gonna be the early stages of institutional adoption.
- 29:02Speaker 4: At a certain point, institution's gonna pour so much money
- 29:05Speaker 4: into here, the volatility will decrease, the pullbacks from bear
- 29:09Speaker 4: markets and the rallies and bullmarkets will decrease. But we're
- 29:11Speaker 4: still very young. We're still very new and early. It
- 29:15Speaker 4: really depends on what are we doing as bullmarket. Whenever
- 29:17Speaker 4: I give price predictions, I give three scenarios, I give
- 29:20Speaker 4: a disappointing bullmarket prediction. And this is what the understanding
- 29:23Speaker 4: that maybe crypto as a whole only makes it to
- 29:26Speaker 4: six trillion.
- 29:27Speaker 3: Institutions are.
- 29:28Speaker 4: They're they're dabbling their toes in the water, but they're
- 29:30Speaker 4: not ready to commit. I think a realistic expectation is
- 29:34Speaker 4: that crypto goes to eleven trillion. Right, this is where
- 29:37Speaker 4: I put like that point of two hundred thousand, so
- 29:39Speaker 4: a lot of maybe one thousand cardono as seven dollars,
- 29:42Speaker 4: chain link at like three hundred four hundred dollars.
- 29:44Speaker 3: Right.
- 29:44Speaker 4: Some people call me crazy. But if crypto goes to
- 29:46Speaker 4: eleven trillion dollars and the institutions say we're ready, we're
- 29:49Speaker 4: in here. We're not gonna dump masses in, but we're
- 29:51Speaker 4: we're gonna invest heavily, that's eleven trillion and then a
- 29:54Speaker 4: moon boy situation. This is where I would say, if
- 29:57Speaker 4: this happens, this will be the last major legitimate blue
- 30:01Speaker 4: chip crypto gains, and then everything after this will appear
- 30:03Speaker 4: more like a stock market move. There's a world in
- 30:06Speaker 4: which twenty trillion dollars comes into crypto, and that's gonna
- 30:09Speaker 4: be the one that sends Bitcoin to like three fifty
- 30:11Speaker 4: four hundred thousand. Solana could be at like two thousand.
- 30:14Speaker 4: XRP could be at like twenty dollars. Cardono could be
- 30:17Speaker 4: ten to twelve dollars, so on and so forth. A
- 30:19Speaker 4: lot of those big numbers can happen. But here's here's
- 30:21Speaker 4: how we tell people. If that happens, don't expect the
- 30:24Speaker 4: next bull markets and all of a sudden send us
- 30:26Speaker 4: to fifty trillion or fifty trillion dollars, right.
- 30:30Speaker 3: I think we make a big boom to eleven or twenty.
- 30:33Speaker 4: Watch for the next one to be more modest and
- 30:34Speaker 4: then gradual gains in the process.
- 30:37Speaker 3: How how you invest long term?
- 30:38Speaker 4: If we only make it the six trillion and then
- 30:40Speaker 4: pull back, the next bull market is going to be
- 30:42Speaker 4: the one where institutions go heavy and we explode, so
- 30:45Speaker 4: kind of watch itself.
- 30:47Speaker 1: Yeah, I think that's a good analysis. If you look
- 30:49Speaker 1: at the historical you know, scenario that's played out in
- 30:51Speaker 1: the tech industry, the markets that have been somewhat moderate
- 30:55Speaker 1: and then the blowoff top markets. We've seen that in
- 30:58Speaker 1: mobile there all of the main major advancements and innovation
- 31:01Speaker 1: have had those kind of responses. But the difference here,
- 31:04Speaker 1: of course is now we're dealing with institutional capital in
- 31:08Speaker 1: the first time. Last up here, I want to talk
- 31:10Speaker 1: about Polka Dot. Polka Dot, of course, is related to
- 31:14Speaker 1: this TikTok deal. Now, this is something that Amazon is
- 31:18Speaker 1: supposedly in talks. I don't think this is going to happen.
- 31:21Speaker 1: I'm looking at x it's a it's a weird tweet
- 31:25Speaker 1: to be pinned on today the day of, you know,
- 31:29Speaker 1: the tariff situation. The also the week of this announcement,
- 31:32Speaker 1: potentially with the Chinese around by dance and they're explaining,
- 31:37Speaker 1: you know who, Project Liberty is trying to give some
- 31:39Speaker 1: you know, some framework here, you know, and they really
- 31:42Speaker 1: get into a lot of this. So it's just intriguing.
- 31:45Speaker 1: I'm just saying. I'm not saying that there's a conspiracy
- 31:47Speaker 1: theory out there that this is happening. If they tie
- 31:50Speaker 1: this into Frequency, which is the blockchain that they would
- 31:52Speaker 1: utilize to potentially integrate into TikTok, which is writing on Polka.
- 31:57Speaker 2: Dot, what would that do to Polka.
- 31:59Speaker 1: Dot Because I know right now Polka Dot has been
- 32:02Speaker 1: suppressed in a big way.
- 32:03Speaker 4: What are your thoughts, like, I have not been paying
- 32:05Speaker 4: attention to pokadon. I sold my Polka Dot a while ago.
- 32:09Speaker 4: That being said, I'm more than happy to look at
- 32:10Speaker 4: charts and I can give you know, I'll take my emotions,
- 32:13Speaker 4: my opinions completely out of it. Let's just take a
- 32:14Speaker 4: look at the Polka Dot chart and talk about what
- 32:16Speaker 4: could happen here. You know, we're not seeing weekly bullish
- 32:20Speaker 4: divergence necessarily, but you do see is this another coin?
- 32:24Speaker 4: I think we're talking about avax. Do we get in
- 32:26Speaker 4: a busingle coming in here? Green reversals, bulls lamentum, positive
- 32:28Speaker 4: money flow? Guess where that target's going to be here
- 32:31Speaker 4: on the weekly chart, way up here to nine to thirty.
- 32:33Speaker 4: And I think with the magnitude that TikTok is and
- 32:36Speaker 4: the money that pours in all of a sudden, you
- 32:38Speaker 4: probably are going back and exploring the higher end potentials.
- 32:43Speaker 4: And I'd have to do a lot of analysis with
- 32:44Speaker 4: market cap and where that would go, but I think
- 32:48Speaker 4: you start to at least say, hey, dot could easily
- 32:50Speaker 4: make its way back up to previous all time high
- 32:52Speaker 4: which at this point, let's just pretend Dot matches previous
- 32:55Speaker 4: all time high at fifty four dollars, we're talking about
- 32:58Speaker 4: a thirteen x almost fourteen x here on Dot. So
- 33:02Speaker 4: if this is a home run for them, that is
- 33:04Speaker 4: what we're watching short term, like next couple of months,
- 33:07Speaker 4: watch for nine ten dollars that weekly smart trail to
- 33:09Speaker 4: be back in play. But if we can finally really
- 33:12Speaker 4: get bulls when we turn the looxogo off for a second,
- 33:14Speaker 4: because this is what we're kind of working with here.
- 33:15Speaker 4: Every time Dot gets going in this bull market, it
- 33:17Speaker 4: gets shot right back down. We double topped, and technically
- 33:20Speaker 4: we haven't set a barre of structure, but we are
- 33:22Speaker 4: looking at I mean, at this point kind of like
- 33:24Speaker 4: a go back all the way to this dip in July.
- 33:27Speaker 4: You just have this like zone of resistance. We have
- 33:30Speaker 4: wicked above, but we can't close candles above. Do you
- 33:32Speaker 4: have this nice little pocket of support right in here.
- 33:34Speaker 4: We'll change that to kind of being green here if
- 33:38Speaker 4: we can.
- 33:38Speaker 3: Get back above.
- 33:39Speaker 4: This simple technical analysis would say when you have a
- 33:42Speaker 4: double top a double bottom of a channel like this,
- 33:44Speaker 4: just take the opening of that channel pretty much move
- 33:46Speaker 4: it over to breakout spot and all of a sudden,
- 33:48Speaker 4: right here, we're talking about DOT to twenty nine thirty
- 33:51Speaker 4: dollars give or take. So the bullish case. If DOT
- 33:54Speaker 4: gets this bullish catalyst, let's start off again. Let's just
- 33:57Speaker 4: get back up to resistance at ten dollars. After that,
- 34:00Speaker 4: we're talking about getting up to thirty dollars. After that
- 34:02Speaker 4: we can get eclipse that all time highs at least
- 34:06Speaker 4: fifty four.
- 34:06Speaker 3: We're talking about thirteen x. Very good investment on DOT
- 34:08Speaker 3: if that is true.
- 34:09Speaker 1: But if it does, it'll be something to watch, all right, guys,
- 34:12Speaker 1: it'll be fun to watch.
- 34:13Speaker 2: Tim.
- 34:13Speaker 1: Yeah, Tim, has been great having you on. Thanks again
- 34:16Speaker 1: for coming in today. Always make sure and check out
- 34:18Speaker 1: Tim over at Investing Bros.
- 34:19Speaker 2: On YouTube. Appreciate you stopping in, Absolutely great for having it.
- 34:23Speaker 3: Thank you for having me here.
- 34:24Speaker 1: Paul, you bet all right. So you guys, make sure
- 34:26Speaker 1: and jump into the Diamond circle. It's our own private group.
- 34:29Speaker 1: You can get communications from us, and if you want
- 34:32Speaker 1: to talk to me then you can do that over
- 34:34Speaker 1: in the telegram group down below. Use that we only
- 34:36Speaker 1: have one one telegram group. We always leave the link
- 34:39Speaker 1: down there, and of course check me out there on
- 34:42Speaker 1: X at Paul Baron. We'll catch you next time, right
- 34:44Speaker 1: here on Techpath