Latest / The Paul Barron Crypto Show / Gov. Shutdown vs Crypto📈Technical Analysis w/ The Trading Parrot

Transcript

Gov. Shutdown vs Crypto📈Technical Analysis w/ The Trading Parrot · The Paul Barron Crypto Show

• 0:07
  Speaker 1: The US government shut down is looming. This could cause
• 0:10
  Speaker 1: a huge market impact, and of course we are seeing
• 0:13
  Speaker 1: bitcoin on the move as well where it can go
• 0:15
  Speaker 1: down for you guys today. My name is Paul Barrel.
• 0:17
  Speaker 1: Welcome back in the tech path. I want to thank
• 0:18
  Speaker 1: our sponsor and that is I Trust Capital. This is
• 0:21
  Speaker 1: a place where you guys can go to set up
• 0:22
  Speaker 1: your own CRYPTOIRA and there's some other things you can
• 0:25
  Speaker 1: do over there, and they're pretty cool.
• 0:27
  Speaker 2: If you guys have never.
• 0:29
  Speaker 1: Done any kind of custody accounts, you can also get
• 0:31
  Speaker 1: into that. It's a brand new service that they've offered.
• 0:34
  Speaker 1: Go over to I Trust Capital learn a little bit
• 0:36
  Speaker 1: more about what they're doing. They're doing a great job
• 0:38
  Speaker 1: on a lot of things, including gold and silver, which
• 0:41
  Speaker 1: we're going to be talking about a little bit today
• 0:43
  Speaker 1: as well. Use our link down below. It's going to
• 0:45
  Speaker 1: give you a one hundred dollars funding a reward to
• 0:47
  Speaker 1: get started. Did you know one last thing that you
• 0:50
  Speaker 1: can still do an IRA before April fifteenth and it
• 0:53
  Speaker 1: still counts, So think about that for long term planning,
• 0:58
  Speaker 1: and of course you want to always consult your seat
• 1:00
  Speaker 1: for that. All right, check out a couple of things here.
• 1:03
  Speaker 1: I'm going to go into a little bit of trading today,
• 1:05
  Speaker 1: and of course coming in with me is mister Mariano
• 1:09
  Speaker 1: coming in from the trading period.
• 1:10
  Speaker 2: How are you?
• 1:12
  Speaker 3: I'm very good. How are you pulled?
• 1:14
  Speaker 2: Nice to see you, man.
• 1:15
  Speaker 1: We listen, the markets are doing some crazy things right now. Okay,
• 1:21
  Speaker 1: we've got gold, the twenty trillion dollar gold call on
• 1:25
  Speaker 1: the move. Hours ago, one of the biggest calls of
• 1:27
  Speaker 1: twenty twenty four officially came to fruition, and that was
• 1:30
  Speaker 1: Gold's prices hit a record three thousand dollars an ounce.
• 1:34
  Speaker 1: If you look at this right now, this is only
• 1:36
  Speaker 1: thirteen months too now a seven trillion dollar market cap.
• 1:41
  Speaker 1: Tell me answer that question right there on that tweet.
• 1:44
  Speaker 1: How did we get here? How did gold get to
• 1:47
  Speaker 1: three thousand dollars in such a short period of time?
• 1:50
  Speaker 2: Mariano? And what is your call on gold? Right now?
• 1:54
  Speaker 3: We have a breakdown That was in November, And at
• 1:57
  Speaker 3: that point we were saying with gold because there's going
• 2:01
  Speaker 3: to be some sort of correction in here, and we
• 2:05
  Speaker 3: had this red candle there and I was calling for
• 2:09
  Speaker 3: lower prices, so I was pointing in the wrong direction.
• 2:12
  Speaker 3: But luckily for us, we spot this symmetrical triangle in here,
• 2:18
  Speaker 3: and we waited patiently there to see if actually we
• 2:21
  Speaker 3: were going to break out from the downside of the triangle,
• 2:25
  Speaker 3: and actually we had this candle there that happened on
• 2:28
  Speaker 3: the sixth of January. At that point we were about
• 2:33
  Speaker 3: to complete a double bottom formation on the other side.
• 2:37
  Speaker 3: We were right here, still not at the neckline halfway through,
• 2:41
  Speaker 3: and we said, guys, let's invalidate the disais and let's
• 2:45
  Speaker 3: look for upside on Gold. At that point it was
• 2:48
  Speaker 3: priced at two point six and we said, let's wait
• 2:52
  Speaker 3: for the neckline and if we break out, we're going
• 2:55
  Speaker 3: to get to Arici seventy seven. Here I left my
• 3:00
  Speaker 3: collect seventy seven and Gold went all the way to
• 3:04
  Speaker 3: that target. And after that, I say, we can have
• 3:07
  Speaker 3: a second leg up. And you're not gonna believe me.
• 3:11
  Speaker 3: How high is that target? That target if we fulfill it,
• 3:15
  Speaker 3: if we get lucky to get there, that is priced
• 3:19
  Speaker 3: at three point five K, which is just mind blowing out.
• 3:23
  Speaker 1: I like the move because this is something that of
• 3:26
  Speaker 1: course also coincides with a dollar.
• 3:29
  Speaker 2: If you look at the Dixie.
• 3:30
  Speaker 1: Right now, you can see it continues even though it
• 3:33
  Speaker 1: has started to bottom out a little bit, But we
• 3:35
  Speaker 1: saw that right here also back in mid fab Keep
• 3:38
  Speaker 1: an eye on that.
• 3:39
  Speaker 2: On that dollar.
• 3:40
  Speaker 1: Let's jump over to bitcoin real quick and talk about that.
• 3:43
  Speaker 1: Because the price many people thought, hey, the price is stuck.
• 3:46
  Speaker 1: All of a sudden, Mariano, we get a movement on
• 3:49
  Speaker 1: it now. Many people are saying, hey, flight to safety.
• 3:52
  Speaker 1: They're worried about governments shutdown. Maybe we see a little
• 3:55
  Speaker 1: rally here prior to tonight. This being Friday, the government
• 3:59
  Speaker 1: shutdown could get around anytime now. But do we see
• 4:02
  Speaker 1: a rally into tonight and then a dump? What is
• 4:06
  Speaker 1: your anticipation on bitcoin?
• 4:08
  Speaker 3: The fundamentals that I'm currently seeing is just a single
• 4:12
  Speaker 3: word cash, cash coming in from different fronts. I see
• 4:17
  Speaker 3: the Federal Reserve balance sheet now putting higher highs for
• 4:20
  Speaker 3: the first time after a double bottom in the direction
• 4:24
  Speaker 3: that we've been hoping since October. Since October, we are
• 4:28
  Speaker 3: looking at this double bottom, then the end two finally
• 4:32
  Speaker 3: a higher high after a bottom. Information. What are we
• 4:35
  Speaker 3: seeing today on bitcoin? And it's fantastic. I was saying,
• 4:39
  Speaker 3: we need to cross the eighty four k. People think
• 4:43
  Speaker 3: that that is just a level, it doesn't really matter
• 4:46
  Speaker 3: that much, But actually eighty four K for me is
• 4:49
  Speaker 3: night and day is the two hundred daily moving average
• 4:53
  Speaker 3: that we've been four days battling with it. I cannot
• 4:56
  Speaker 3: claim victory yet because we need to close a daily
• 5:00
  Speaker 3: candle above eighty four. If we can do that in
• 5:03
  Speaker 3: this descending falling wedge, at the very least, we could
• 5:08
  Speaker 3: get a rally into the resistance, depending at what time
• 5:12
  Speaker 3: at what point we make contact with this top line.
• 5:17
  Speaker 3: We could reach it when we are at eighty eight,
• 5:19
  Speaker 3: maybe at eighty nine. And what I want to see
• 5:22
  Speaker 3: is how is the reaction there after that, because that
• 5:26
  Speaker 3: could mean that we are reclaiming the daily trading range.
• 5:32
  Speaker 3: That should be something bullish, but I'm leaving cash in
• 5:37
  Speaker 3: case we make contact with the previous high of thirteen
• 5:42
  Speaker 3: of March twenty twenty four, which is the seventy three
• 5:45
  Speaker 3: point five point seven around that area, and that's why
• 5:48
  Speaker 3: I left. Also, this actually drawing in here as a
• 5:52
  Speaker 3: barish case. If we come back in here and we
• 5:55
  Speaker 3: can defend the falling wedge, maybe wiping all the liquidity
• 5:59
  Speaker 3: even until seventy two, but on a daily close defending
• 6:03
  Speaker 3: the fulling witch, then we can also still have that
• 6:07
  Speaker 3: run into the top of the fulling Witch later on.
• 6:10
  Speaker 3: So today I'm both excited by being about eighty four,
• 6:15
  Speaker 3: but I'm looking at the or their data or the
• 6:18
  Speaker 3: book data, and I'm thinking, well, there is some weakness
• 6:21
  Speaker 3: in there. If we get to eighty eight, I might
• 6:24
  Speaker 3: take some profits from my lung. If we see a rejection,
• 6:27
  Speaker 3: maybe I re entered from seventy seven.
• 6:31
  Speaker 1: Yeah, okay, So a couple of things there. For everybody
• 6:33
  Speaker 1: watching this, I think the key point Mariano made is
• 6:36
  Speaker 1: that eighty four mark. If we at the eighty four
• 6:39
  Speaker 1: close today, keep a very close eye on the market
• 6:41
  Speaker 1: over the weekend.
• 6:42
  Speaker 2: Some good moves out there.
• 6:43
  Speaker 1: Michael Saylor tweeted this, Well, I shouldn't say Michael SAIDO.
• 6:47
  Speaker 1: This is a fan account, but I thought it was interesting. Well,
• 6:50
  Speaker 1: history repeat itself, and the fan account was basically saying, hey,
• 6:56
  Speaker 1: we want to take a look at twenty twenty, but
• 6:57
  Speaker 1: we're really I guess at least we're not repeating ourselves
• 7:00
  Speaker 1: on the four year cycle. So that would be the
• 7:04
  Speaker 1: one thing that has not happened is the four year cycle.
• 7:06
  Speaker 1: Do you believe in the four year cycle anymore? Has
• 7:08
  Speaker 1: that been kind of crapped out? Yes, it's broken.
• 7:13
  Speaker 3: I do believe, but it's it's on the bath to breaking.
• 7:18
  Speaker 3: I've seen some signs of already breaking.
• 7:21
  Speaker 1: Yeah, it's a tough one. Let's talk about the S
• 7:24
  Speaker 1: and P five hundred. This is what's happened everyone since
• 7:28
  Speaker 1: Trump took office. This is an absolute nightmare for anybody
• 7:34
  Speaker 1: in equities.
• 7:36
  Speaker 2: And I think if.
• 7:37
  Speaker 1: You guys are out there probably looking at your retirement
• 7:39
  Speaker 1: accounts right now, listen, I feel for you. I know
• 7:42
  Speaker 1: the position you're in.
• 7:44
  Speaker 2: This is possibly the worst.
• 7:47
  Speaker 1: Kind of start of a presidential campaign that we have
• 7:52
  Speaker 1: ever seen, well outside of the one where Obama had
• 7:55
  Speaker 1: that little bit of a dip you know, about the
• 7:57
  Speaker 1: same time, but then it's sky rocket. He had some
• 8:00
  Speaker 1: adjustments in you know, around one hundred days in, and
• 8:03
  Speaker 1: then right there was as pretty much as high. But
• 8:06
  Speaker 1: at two hundred days in, I mean, the stock market
• 8:08
  Speaker 1: was absolutely flying. So right now, maybe Trump will turn
• 8:11
  Speaker 1: this around, and maybe he won't. I'd love to get
• 8:15
  Speaker 1: you guys's comments down below. Let me know what you
• 8:16
  Speaker 1: guys think. Is this just a temporary pain or is
• 8:20
  Speaker 1: this something that is going to continue down the road.
• 8:24
  Speaker 1: By the way, if you are not subscribed to Mariano's channel,
• 8:27
  Speaker 1: it is called the Trading Parrot. I love that logo,
• 8:31
  Speaker 1: by the way, and you guys, he does a great
• 8:35
  Speaker 1: job at really breaking down things and making complex trading
• 8:40
  Speaker 1: and technical analysis easy to understand. So just jump over
• 8:44
  Speaker 1: there and subscribe to his show. Let's go over to XRP.
• 8:48
  Speaker 1: Mariano Blackrock announces now they're going to file for both
• 8:52
  Speaker 1: a Salona and an XRP ETF. This came in from
• 8:55
  Speaker 1: Nate Garassi. This is a pretty big deal because there's
• 8:58
  Speaker 1: so many ETFs that have been filed for for XRP,
• 9:02
  Speaker 1: and Ripple continues to make moves in the market. We're
• 9:05
  Speaker 1: hearing more and more buzz around, They're making more deals
• 9:07
  Speaker 1: with countries. Ripples on the move in terms of the
• 9:12
  Speaker 1: actual token itself. And then if you look at the
• 9:14
  Speaker 1: ETF approval, many people would say that's a low chance
• 9:18
  Speaker 1: thirty six percent, but if you compare that to Solana,
• 9:20
  Speaker 1: which we'll talk about here in a second, that's a
• 9:22
  Speaker 1: twenty eight percent, so very interesting. This is of course,
• 9:26
  Speaker 1: by July thirty first, so maybe things do happen after that,
• 9:30
  Speaker 1: but right now that's where we are. Where do you
• 9:32
  Speaker 1: like and where do you think XRP is going in
• 9:35
  Speaker 1: the near.
• 9:35
  Speaker 3: Term number one because XRP is just doing what B
• 9:42
  Speaker 3: and B did a few days ago, not a few
• 9:44
  Speaker 3: days ago, maybe a month ago, and that is losing
• 9:48
  Speaker 3: the support. It pinched the weekly support and here it
• 9:52
  Speaker 3: went to fifty three on their side, and now it's
• 9:55
  Speaker 3: coming to retest the breakdown on XRP. I believe this
• 10:01
  Speaker 3: could be different is because there's so many bullish things
• 10:06
  Speaker 3: that I'm seeing. There's so much hype and on the
• 10:10
  Speaker 3: news you're much better than me, of course on knowing
• 10:13
  Speaker 3: all the fundamentals, and my speciality is TA and what
• 10:18
  Speaker 3: I see here is that if by this weekend we
• 10:21
  Speaker 3: can reclaim this support as turn it back into support.
• 10:26
  Speaker 3: This at SI fifty seven on the weekly, that is
• 10:32
  Speaker 3: probably going to mean in the price that the price
• 10:35
  Speaker 3: goes beyond two point four. That is my magic number
• 10:39
  Speaker 3: for this week. Seventy seventh sense is the most verish target.
• 10:43
  Speaker 3: I don't think that in this era of xtrap, with
• 10:48
  Speaker 3: all the bullish things that are coming, we can really
• 10:50
  Speaker 3: get there. I think for getting into the second most
• 10:54
  Speaker 3: conservative target, which is one thirty five, that particular target
• 11:00
  Speaker 3: to the downside. For that we need batcoin to put
• 11:03
  Speaker 3: a new lower low. We need Bitcoin to go to
• 11:06
  Speaker 3: seventy three five to seventy four to that area, and
• 11:09
  Speaker 3: then XRP will see that rejection of two four and
• 11:12
  Speaker 3: go there. But if batcoin behays now and we continue
• 11:16
  Speaker 3: to the f site, XRP is going to follow up
• 11:19
  Speaker 3: with two seventy two.
• 11:21
  Speaker 2: I like it.
• 11:21
  Speaker 1: Two forty is the closed price watch that guys as
• 11:24
  Speaker 1: it gets a little bit closer because we are going
• 11:26
  Speaker 1: to see some movements. I always do these polls and
• 11:29
  Speaker 1: this was just done two hours ago. This army is undeniable.
• 11:34
  Speaker 1: This is a quote basically just saying, hey, you know,
• 11:37
  Speaker 1: what's your go to asked for the long haul? You know,
• 11:39
  Speaker 1: in the long haul saying at two to five year range.
• 11:42
  Speaker 1: You know, we got to going in some conversation there
• 11:44
  Speaker 1: on the tweet and XRP again again, this is gets
• 11:47
  Speaker 1: into I know everybody says, well, Paul, they are the
• 11:49
  Speaker 1: bots out there. There's no way bitcoin can't be you know,
• 11:52
  Speaker 1: the long haul.
• 11:53
  Speaker 2: I get it.
• 11:54
  Speaker 1: But the point is sentiment matters in these markets, especially
• 11:57
  Speaker 1: on x for where this is going. Other things I
• 12:00
  Speaker 1: want to get into is Solana. As we showed earlier
• 12:04
  Speaker 1: the July thirty first, we have a twenty eight percent chance.
• 12:08
  Speaker 1: But if you extend that out to December and it
• 12:11
  Speaker 1: flips dramatically to eighty nine percent chance on an ETF.
• 12:16
  Speaker 1: So let's look at a year in position. If we're
• 12:20
  Speaker 1: buying Salana right now, what would my year in position be.
• 12:24
  Speaker 1: Because there's a lot of new people that are looking
• 12:26
  Speaker 1: at coming into crypto right now.
• 12:27
  Speaker 3: I'm going to start with the berry side just to have,
• 12:32
  Speaker 3: like cashion, to think how low we can go if
• 12:35
  Speaker 3: things get really really ugly. And that comes from this
• 12:40
  Speaker 3: EMP pattern at the top that we can see with
• 12:43
  Speaker 3: a neckline at one hundred and seventy nine dollars. This
• 12:45
  Speaker 3: is kind of the high and I'm going to place
• 12:48
  Speaker 3: it around the neckline there and it's pointing towards around
• 12:52
  Speaker 3: the sixty dollars. That is the target of the breakdown
• 12:56
  Speaker 3: that we already did so far, we have done just
• 12:59
  Speaker 3: halfway through. Not all technical targets meet the final final destination.
• 13:05
  Speaker 3: Sometimes it's just fifty percent of it. It just does something.
• 13:09
  Speaker 3: Market sentiment changes and then you don't achieve the full target.
• 13:12
  Speaker 3: That's why we have conservative and aggressive targets. Sixty dollars
• 13:15
  Speaker 3: it's just crazy. It's very aggressive target. But in order
• 13:19
  Speaker 3: to dodge that bullet and not go to the sixty dollars.
• 13:23
  Speaker 3: What Soul needs to do now is flip one hundred
• 13:28
  Speaker 3: and thirty dollars back into support. Let's see some actual targets.
• 13:33
  Speaker 2: Let me see.
• 13:34
  Speaker 3: So let's say this is the bottom from this bottom
• 13:37
  Speaker 3: in here, we come back to this bottom here, and
• 13:40
  Speaker 3: we have an extension of one getting us back into
• 13:43
  Speaker 3: three hundred dollars. Then second target is the one six,
• 13:47
  Speaker 3: one A five and acchia pocket. That's four hundred and
• 13:50
  Speaker 3: ten dollars. We need probably a proper old coincision to
• 13:55
  Speaker 3: do the other targets. And I don't want to just
• 13:57
  Speaker 3: give opium for the sake of all right.
• 14:00
  Speaker 1: Let's okay, so that's good for Salona. Let's jump over
• 14:02
  Speaker 1: to a couple of stocks. I want to talk about
• 14:04
  Speaker 1: robin Hood. They've had a big announcement. They continue to
• 14:08
  Speaker 1: do a lot of you know, gamification of the app itself.
• 14:13
  Speaker 1: It's likely that we could be entering into an S
• 14:15
  Speaker 1: and P five hundred low phase, which means that we
• 14:18
  Speaker 1: could see some new.
• 14:19
  Speaker 2: People enter in.
• 14:20
  Speaker 1: And now, if you talk about Trump's proposal to reduce
• 14:25
  Speaker 1: or eliminate income tax on people that make one hundred
• 14:28
  Speaker 1: and fifty thousand or less. That could inject a lot
• 14:31
  Speaker 1: of new people into the market, and they'll probably go
• 14:35
  Speaker 1: through Robinhood. So with all of that happening right now,
• 14:39
  Speaker 1: and you've got here's Vlad talking about you know, their trivia.
• 14:43
  Speaker 1: This is what I was talking about from the gaming
• 14:44
  Speaker 1: side of things. And they gave away a bunch of
• 14:46
  Speaker 1: a bitcoin and they had.
• 14:48
  Speaker 2: Seven and fifty four winners.
• 14:49
  Speaker 1: This was like a little you know, round robin competition
• 14:52
  Speaker 1: that you did for engagement within the app. So it
• 14:55
  Speaker 1: was very very well done. How do you like the stock?
• 15:00
  Speaker 1: Would this be one if you were trading it against
• 15:02
  Speaker 1: other crypto related stocks which.
• 15:05
  Speaker 2: Are getting ready to do earnings? What do you think?
• 15:08
  Speaker 3: Well, I guess the question for Robinhood is, after we
• 15:12
  Speaker 3: have lost the support on the weekly is where is
• 15:16
  Speaker 3: the next floor? So now that we lost that level,
• 15:21
  Speaker 3: we are in the median and the question is are
• 15:24
  Speaker 3: we going to lose the forty seven momentum in here
• 15:27
  Speaker 3: or are we going to create a pivot and then
• 15:30
  Speaker 3: have one of my favorite revenge rallies into that resistance.
• 15:34
  Speaker 3: And I want to say something basically, if we defend
• 15:40
  Speaker 3: these thirty eight dollars and we have this revenge. Really
• 15:45
  Speaker 3: we could go quite high, and that level of the
• 15:48
  Speaker 3: target coming from outsize seventy six, which I'm now calculating
• 15:55
  Speaker 3: it's seventy six, sorry, not seventy four. That is ninety
• 16:02
  Speaker 3: three dollars. So if we do the full comeback and
• 16:07
  Speaker 3: test that as a resistance, that still give us a
• 16:11
  Speaker 3: way higher price. But in order to get there, I
• 16:14
  Speaker 3: will say, first we need to defend the thirty eight dollars,
• 16:18
  Speaker 3: or if we start closing the weekly below this, we
• 16:22
  Speaker 3: can start going to twenty three dollars and then start
• 16:25
  Speaker 3: seeing more downside.
• 16:26
  Speaker 1: Also, I want to hit on a couple other things.
• 16:28
  Speaker 1: I want to jump over to Tesla now, because Tesla
• 16:33
  Speaker 1: is another one. This is a Tesla insider trading alert.
• 16:36
  Speaker 1: This is James Murdock. He is a board member who
• 16:38
  Speaker 1: is now selling thirteen million worth of his Tasla. Tesla
• 16:42
  Speaker 1: has been taking a lot of heat, obviously for Elon's
• 16:45
  Speaker 1: position in the White House under Doge. So when you
• 16:48
  Speaker 1: look at the stock, where do you like Tesla? And
• 16:51
  Speaker 1: would you even enter into a trade on Tesla?
• 16:57
  Speaker 3: You'll be surprised. But I'm actually bullish on Tesla, and
• 17:00
  Speaker 3: I've been bullished on a particular level. Since around beginning
• 17:05
  Speaker 3: of February, we have this breakdown on the weekly after
• 17:11
  Speaker 3: losing the support that spans from April twenty twenty four,
• 17:16
  Speaker 3: and I was looking for where are we going to
• 17:18
  Speaker 3: land in the momentum, and I was looking at Arisai
• 17:22
  Speaker 3: thirty seven. I say, well, we might as well find
• 17:25
  Speaker 3: support at the global support thirty seven. And that level
• 17:31
  Speaker 3: in the price is a range that starts from two
• 17:35
  Speaker 3: hundred and forty. That's precisely the thirty seven. But I
• 17:39
  Speaker 3: started saying from the support in here, from three hundred
• 17:43
  Speaker 3: to two hundred and forty, that's my range of value.
• 17:47
  Speaker 3: And that is not just because of weekly support, but
• 17:51
  Speaker 3: this goes beyond that. If we go to the monthly,
• 17:54
  Speaker 3: let me clean the lines from the weekly, you can
• 17:57
  Speaker 3: see that on the monthly as well, we are right
• 18:00
  Speaker 3: there at support fifty out a side monthly. So I
• 18:05
  Speaker 3: think this is a great area to enter with some
• 18:09
  Speaker 3: position and some exposure to test in my opinion.
• 18:14
  Speaker 1: All right, well you look at I'm going to give
• 18:16
  Speaker 1: you guys a call on Tesla and this is just
• 18:18
  Speaker 1: based on you know, following and tracking this company for
• 18:21
  Speaker 1: quite some time. There's a couple of order blocks setting
• 18:24
  Speaker 1: in here around two hundred. But the target I'm looking
• 18:27
  Speaker 1: at is this one seventy two range right here. I'm
• 18:30
  Speaker 1: kind of hovering over it. And the reason is if
• 18:32
  Speaker 1: you look back far enough, even across earnings, which they
• 18:35
  Speaker 1: had four bad earnings in a row during this run,
• 18:38
  Speaker 1: and the one seventy was really kind of the maintenance.
• 18:41
  Speaker 2: Level of this stock.
• 18:42
  Speaker 1: If this re reclaims the one seventy to one seventy two,
• 18:46
  Speaker 1: which I think it's going to, it's going to hit that.
• 18:49
  Speaker 1: It's going to hit one seventy. So I'm very barrash
• 18:51
  Speaker 1: on Tesla right now. I don't know if I would
• 18:52
  Speaker 1: to enter a short. Not financial advice, but I'm just
• 18:55
  Speaker 1: saying I'm looking at this and all the pressure that
• 18:57
  Speaker 1: Elon Musk is getting. You know a lot of people
• 19:00
  Speaker 1: have said maybe he needs to get back to building
• 19:02
  Speaker 1: rocket and cars.
• 19:03
  Speaker 2: So maybe Elon, maybe Elon will start to pay attention.
• 19:08
  Speaker 1: But one thing is for sure is definitely hurt in
• 19:09
  Speaker 1: his bank account right now. He may drop a billion
• 19:13
  Speaker 1: or two off of this one. So Wilder World had
• 19:16
  Speaker 1: a little bit of news here, and this is a
• 19:19
  Speaker 1: token that is a gaming token, Mariano that has been
• 19:24
  Speaker 1: We've talked about this one quite a bit.
• 19:27
  Speaker 2: I've traded on this one. I like it.
• 19:28
  Speaker 1: It's one of the you know, the projects that I
• 19:30
  Speaker 1: think has a potential if you look at the wild
• 19:33
  Speaker 1: token as a whole.
• 19:35
  Speaker 2: How would you trade this right now?
• 19:36
  Speaker 3: All right, So, while there were and we have lost
• 19:41
  Speaker 3: the last line in descend in here, we have a
• 19:44
  Speaker 3: close last week below the level is this eighteen cents
• 19:51
  Speaker 3: and at the moment we are priced at sixteen cents,
• 19:55
  Speaker 3: but we have had a huge recept So I will
• 19:59
  Speaker 3: say that we are a strong area of accumulation in here,
• 20:03
  Speaker 3: and this probably is going to play out in a
• 20:05
  Speaker 3: very similar way as we had in here. It's a
• 20:10
  Speaker 3: matter of patients to wait until the accumulation is done.
• 20:15
  Speaker 3: I think that this is just getting started, and what
• 20:18
  Speaker 3: I would like to see is that we regain the
• 20:21
  Speaker 3: thirty two cents, but definitely at this area, reclaiming the
• 20:27
  Speaker 3: level of eighteen cents, which is the previous support, will
• 20:31
  Speaker 3: be a great sign for start thinking Okay, maybe let's
• 20:34
  Speaker 3: start accumulating. But we are in an area of accumulation,
• 20:38
  Speaker 3: and if we manage to get back into the top
• 20:41
  Speaker 3: of the range, I can see that this has been
• 20:45
  Speaker 3: doing six SAgs between top and bottom, top and bottom,
• 20:49
  Speaker 3: so I will expect to see another leg up in here,
• 20:53
  Speaker 3: at least to the one dollar. Eventually.
• 20:55
  Speaker 1: We're going to be doing a stable coin video later today,
• 20:58
  Speaker 1: so you guys make sure and check that out. Of course, again, Mariano,
• 21:02
  Speaker 1: thanks so much for stopping in today.
• 21:03
  Speaker 2: We appreciate it.
• 21:05
  Speaker 3: Thanks for coming me.
• 21:06
  Speaker 1: You bet all right, you guys, if you're in the
• 21:08
  Speaker 1: Diamond Circle, congratulations you've just joined or are in one
• 21:12
  Speaker 1: of the best communities out there. And of course you
• 21:14
  Speaker 1: can also talk with me directly in our Telegram group
• 21:18
  Speaker 1: and that isn't a link down below as well. I
• 21:21
  Speaker 1: jump in there and chat all the time with you guys.
• 21:23
  Speaker 1: Love to get your insights and it's always fun to
• 21:26
  Speaker 1: chat with you guys out there, and that's where I
• 21:28
  Speaker 1: do it. So follow me out there on x at
• 21:30
  Speaker 1: Paul Baron. We'll catch you next time right here on Techpath.
• 21:34
  Speaker 3: Thanks