Latest / The Paul Barron Crypto Show / Crypto Crash Over? Technical Analysis with Evan Aldo

Transcript

Crypto Crash Over? Technical Analysis with Evan Aldo · The Paul Barron Crypto Show

0:08
All right, so welcome into the live stream. Today. We're gonna be
0:10
breaking down a ton of tokens, get a whole lineup of both bitcoin eth
0:15
and then of course take a course a look at some of the all coins
0:18
for you guys. I do want to thank our sponsor today, but all
0:21
that's gonna happen as you guys know, my name is Small Barrel. Welcome
0:24
back in to tech path. Joining me today, of course is mister evan
0:27
Aldo. Great to be on again, as exciting to be here. We're
0:29
gonna jump into a lot today, get into where bitcoin is, take a
0:33
look at ethereum. I know many of you guys will have some comments all
0:37
that, make sure and drop in over on the side bar. I do
0:40
want to thank our sponsor, and that is Tangum. If you're looking at
0:42
long term holding and you'd want to do it in a way where you guys
0:46
can do self custody, then get a wallet and the first place to start
0:50
is over at tangent dot com. It's one of the best I think in
0:54
terms of a secure wallet, but also it's very sexy. I just like
0:58
it because it's a nice card, works great with the app, and of
1:00
course all you have to do is just hit the tangent button, get the
1:04
three card set, and that'll take you to that option right there. I
1:07
like the new colors. Use our link down below you'll get ten percent.
1:11
All right, Evan, let's get into a few points here today. I
1:14
want to lead off with, of course, the political side of things.
1:18
Right here, Donald Trump is saying crazy stuff posing eliminating all income tax and
1:25
replacing with Terror's okay, what I don't understand. Just as likely as him
1:29
saying that he was going to eliminate the federal reserves. So I mean,
1:32
never going to happen. These are political moves that will never occur. You
1:36
have to just look at that. Here's an interesting statement right here. JP
1:40
Morgan of course said, stock market consensus is that DJ is going to win
1:46
it. What do you think? You know, I've seen it happen a
1:49
lot. Usually the person that looks like they're going to win it in June,
1:53
in the summer before the election, always loses. I don't know.
1:55
I think it's a little bit too early. There's a lot that can happen.
1:57
I don't want to say anything that's to get me in trouble. What
2:00
I will say is this JP Morgan called for six rate cuts this year.
2:07
Oh boy. So well, let's just leave it at that. However,
2:10
if you want to look at some really good stuff, go over to our
2:13
political tracker just at PBN. Right there, we actually track the sentiment data
2:17
on American crypto voters. Now, Trump is definitely leading the race right now,
2:23
but guess what, Biden is starting to make a move here. Pretty
2:25
interesting, and he's pulling a little bit of power away from RFK Junior.
2:30
So this could get interesting as it proceeds through the summer. Whether you're a
2:36
Trump voter or a Biden voter, the key here is get out and vote,
2:38
because this is going to be the year I think that we're going to
2:40
see some real crypto legislation and some changes going forward. All right, so
2:46
we got bitcoin on the rocks right now, running around sixty five. I
2:50
saw it coming in. How low can the price go? What are your
2:53
thoughts on this one, Evan? What does your chart show? Could it
2:58
go to the sixty three as some punda are calling for. I think it
3:00
can. How low can it go? I want to answer that question first.
3:04
I think probably fifty two to fifty three K is what I'm kind of
3:07
eye. Let's just do some traditional, very basic technical analysis. We have
3:09
kind of a double top here that we saw. Unfortunately we didn't break upward
3:14
like we wanted to, up to around eighty K, and it is looking
3:16
more bearish, especially with a bearish dive, these momentum waves coming down in
3:21
money flow coming out in the daily Let's also combine that with you know,
3:24
basic traditional TA like I was mentioning, you got a technal target right around
3:29
fifty two K, which is a major major golden pockets, which it does
3:32
seem likely if I had to guess, and if you look at what normally
3:35
happens during summers, things generally come down. Summer is more of a depressing
3:39
month. Some summer is more of a depressing time for crypto. A lot
3:43
of times you could come down to that fifty two K area. But silver
3:46
lining to this could be a really good bye opportunity and then into the election
3:51
into September, potentially with a rate cut into the election, I could see
3:53
a nice recovery and potentially getting up to I mean one hundred K by election.
3:58
I think that's a little far fetched, but I mean at least back
4:00
to the all time high area. That seventy k kind of area right there.
4:03
And what I wanted to show you too, this is a chart bitcoin
4:06
versus the d X Y, which basically is bitcoin factored in for inflation.
4:12
And if we zoom out here, these were the new all time highs where
4:15
these blue lines are after the previous all time I so that was the old
4:18
all time I hear the new one happened after that bear market, after the
4:23
bear market of kind of twenty fourteen, twenty fifteen. It happened in May
4:26
of twenty seventeen, and the last one happened in the four year cycle December
4:30
of twenty twenty. So we're way ahead of schedule right now. If we
4:32
were to just keep going up and making a new altimi, it looks likely
4:36
that we may repeat kind of what the summer looked like in August of twenty
4:40
sixteen. This was also an election year. You came down twenty eight twenty
4:44
nine percent about where yet a wik down farther, but I don't really count
4:46
that around twenty eight percent. Twenty eight percent would bring us right down to
4:49
what was that level I was talking about, right around fifty two k right
4:54
there. And then after that silver lining, the positive part. We probably
4:57
would recover into the end of the year and potentialually get up to that,
5:00
I mean somewhere in the one hundred k's I would think at some point next
5:04
year hopefully. So it is looking good in the macro, but for the
5:08
next month, I am very very hesitant, all right, So moving on
5:12
bitcoin could could be an option to maybe do some dollar cost averaging coming into
5:16
this cycle, especially we starts to see a fifty K. The sentiment data
5:20
has been a little bit soft on bitcoin as well as ethereum. The thing
5:25
that really bothered me, and if you guys follow our MSI, and we've
5:29
shown this before, if you're in the diamond circle, we send these emails
5:30
out where I do additional analysis. One of the things that started happening about
5:35
really about sixty days ago was the divergence between the top line sentiment and what
5:42
we call our AMP sentiment. It was actually predicting a lot of this kind
5:46
of move. So the question is how fast to fifty K or fifty two
5:50
K if history repeats here, probably within the next month to two months,
5:56
and I think I'd be surprised if we see that bearish of an August.
6:00
I could see this month be embarrassed. I could see July beingbarraished, but
6:02
August into the election, I'd be pretty surprised. And then you may have
6:05
that ray cut in September. Yeah, you usually do drop down after ray
6:10
cuts. Maybe they might wait until November, wait right after the election today,
6:14
maybe not want any blood on their hands. Yeah, and this gets
6:17
this is going to get super sensitive toward the end of the summer, I
6:20
think in terms of where pricing is. Remember, we still potentially could see
6:25
as you said, the ray cut, possibly in September. I still believe
6:28
that might be a late Q four raycut and not necessarily something we'd see before
6:33
the election. But we'll find out how all that's playing out. You've got
6:38
micro Strategy now increasing their convertible note offering by forty percent, So let's will
6:43
take them up to seven hundred million in bitcoin on their splurge if they go
6:46
in and buy now. So they're offering another by two hundred million from the
6:50
original plan of five hundred million, which we reported earlier in the week.
6:55
My guess is he's going to start to really double down on this. I
6:58
think we're going to see micros Strategy start to move much more aggressive into this
7:02
down cycle on bitcoin. So he sees something. Maybe he's thinking, yeah,
7:06
he's thinking, if it is a buying opportunity, I think it's still
7:10
just to be clear, I think it is a very good buying opportunity.
7:12
If history does repeat, you know, this month and next month, you'll
7:15
probably in all likelihood, if you could hold until the end of the year
7:18
early next year, you'll most likely be Would you play the stock right now?
7:23
Micro strategy of the stock it's going to follow bitcoin. We know that
7:26
that in coin base. I mean I would probably rather play bitcoin if because
7:29
if you look at micro strategy versus bitcoin generally, I think bitcoin does a
7:32
little bit better. Yeah, so yeah, for sure, let's move on
7:35
to Tesla. Of course, Elon must now says Tesla could be worth up
7:40
to thirty trillion one day based on what he's doing with Ai because of his
7:45
new AI startup, Robotics. We've already seen optimists there showing on screen.
7:48
I'm always skeptical. I've been a Tesla fan and a user for quite a
7:53
while, and at one point I was analyzing Tesla four or five years ago,
7:58
was seeing a much faster row for what they were going to do they
8:01
kind of let down everybody, but Kathy Wood sees it another way. I
8:07
want to go to a clip, all right, so we'll keep on going.
8:09
I've got a clip of Kathy Wood. I'll play that for you in
8:13
a second. But I want to show something to you guys. This was
8:16
a video that we produced almost three years ago, and the idea was that
8:22
on Robotaxi, which was really kind of the concept behind what Tesla is proposing,
8:28
is that robot Wood is proposing, is that Robotaxi essentially is going to
8:33
take it up to the next level. The problem I saw with it,
8:35
because there's two things that kind of come into this. One is that Robotaxi
8:39
is maybe a replacement to Uber the ride sharing side of it. The real
8:46
business was the potential for food delivery because of the frequency and you're getting almost
8:52
the same average check. Think of a ride share, say twenty bucks.
8:56
Now you've got almost that in a food order that you're getting. And what
9:01
we calculated this was in four years ago. When was this video three years
9:05
ago? Three years ago we did this video and we showed just with a
9:11
ten percent fee, which is much lower than what today's rates are, that
9:13
it would end up somewhere around two hundred and fifty billion in revenue over a
9:18
five year span. This was anticipating the use of these autonomy or autonomous vehicles.
9:24
So I get where Wood is going, but I don't necessarily believe this
9:30
is going to happen very fast. So it's going to take many years,
9:33
five to ten years. I mean, these things take time. I mean,
9:35
what's your position on Tesla. Tesla looks good right now, but not
9:39
necessarily because of what Kathy Wood is saying. I mean, you know,
9:43
Elon Musk was trying to say that they're going to come out with more affordable
9:46
testas. I think that's the main buying point right now. Got to reverse
9:48
head and shoulders right here, neckline right there, basic ta. You gotta
9:52
target probably at let's see where that is exactly two thirty, you know,
9:58
back up to these areas. I think you could get get there potentially by
10:01
the end of the summer, end of year. You get a trigger wave
10:03
right here in the daily which which looks pretty good. A lot of these
10:05
high market cap like Nasdaq ones are good bets into the election, I think,
10:11
especially Apple Tesla. I think you can't really go wrong with these money
10:13
flow coming up and then if you really zoom out here, it looks really
10:16
good in the mac R your money flow is coming up and then you're monthly
10:20
right there, looks great. Yeah, so maybe this is a spot.
10:22
Let me play this clip real quick. Let me go to this clip right
10:26
here, and you guys hopefully can see it coming in. Yeah, okay,
10:33
you're going to play from your side? All right, perfect, let's
10:35
go to it. So twenty six dollars to share. Help us do the
10:39
math? How do you get there? What has to happen there? This
10:43
is a five year price target, as all of ours are. And what
10:48
has to happen is an autonomous taxi platform, Tesla's autonomous taxi platform, so
10:56
robotaxis, which is a SaaS like model. Instead of selling a car and
11:03
maybe the software package and that's it, this becomes a recurring revenue model,
11:09
a slice of every mile driven on that autonomous taxi network. Very high margins.
11:15
Right now, auto gross margins are around sixteen percent. Gross margins in
11:20
the SaaS world are more like eighty percent. All big a market. Does
11:26
that have to become for Tesla to get to the twenty six hundred dollars price
11:28
The reason I ask is there's some cities that may allow this to take place.
11:33
There may be geofised areas where people are going to do this, and
11:37
there's also obviously a larger view that one day these cars will be able to
11:41
do everything by themselves everywhere in the country. Yes, well, this is
11:45
the largest AI project on Earth, autonomous mobility broadly, and I think it's
11:52
going to catch on as quickly as that. When does this all have to
11:56
really go into effect? Yes, we believe that they're setting up for robotaxis
12:03
then network within I would say a year and a half, two years,
12:11
all right, So as you can see, that clip kind of sements the
12:13
potential of where Tesla is going. I've been rug pulled by this before because
12:18
we were looking at robotaxi in twenty twenty two as being a reality. A
12:24
lot of that came from full self driving and the potential for it. Of
12:28
what Elon was basically saying, Granted, you know, I use full self
12:31
driving every day in my car. It's not there yet. It's definitely not
12:35
at full autonomy, which you get to level five. That's that's a complete
12:39
different world. And if you've driven, if you're driven one of these waymos.
12:43
No, not yet. Hey, I've been in one of these things.
12:46
It's a little eerie, but it does work, you know. So
12:50
what I'm looking at does food delivery really kind of take that. I think
12:54
it takes front and center stage. If that does happen, that's probably where
12:56
the revenue are going to come to. The thing with food delivery, too,
12:58
is they may do it on those little scooter type things. It may
13:01
not be a car, you know what I mean, They have those driving
13:03
around Miami. It's either gonna be drones or cars. I feel like it's
13:07
the drones. Line of sight could make it happen. But anyway, we'll
13:11
see. So do you like Tesla? Let's just say I'm going in on
13:16
a two to three year investment on something like a Tesla. Would you say
13:20
yes, bye, yeah, definitely. Let me just show you my chart
13:22
real quick. I just the major area, like I would take Kathy's you
13:26
know, bear case, divide it by two. You could maybe get up
13:28
to a thout nine hundred to twelve hundred in the next like three to five
13:31
years. I would say that's the big area right there at five level.
13:35
I like that one. That's what I like, all right, but I
13:37
don't know the twenty six hundred bucks by twenty thirty. Yeah, that's aggressive,
13:41
all right, so I won't say that. Let's go over to this
13:43
story right here, Gensler saying etherem ETFs one approvals likely over the course of
13:48
the summer. We announced this earlier this week as Gensler was getting grilled in
13:52
Capitol Hill. Pretty much spilled the bag, and that was that these things
13:56
are done and it's just a matter of when so ETH gets an ETF approval
14:01
we start to see really movement in the market. What is your opinion on
14:05
does ETH move with that? Because the parade was very small on the news.
14:11
By the way, you were here on the last one, I was
14:13
yeah right before, Yeah, yeah, I mean you can't. It's different
14:16
from bitcoin because you can't trade it yet. And I think we're still looking
14:20
for at least sometime in July that we'd have to wait. So if we
14:22
do have similar to bitcoin, if we break downward from this double top right
14:26
here, this is a low target right around to twenty one hundred, I
14:31
don't know if you're going to go that low, but say you break downward
14:33
over the next month or something, you could have a quick recovery. You
14:37
break downward a lot of fear down here, and then you could really recover
14:41
well. And the thing I'm really looking at here is if we look at
14:43
our weekly that's a bare day if it looks ugly, head and shoulders,
14:48
money flow coming out as bad as possible. But what we could get here
14:50
is potentially a trigger wave that forms sometime in mid July. If you do
14:54
come down quickly, and then with that ETF with people actually able to buy
14:58
it, that could really shoot us right back up into October into November and
15:03
potentially up to the high fours into the end of this year or the next
15:07
year when bitcoin hopefully will make another new all time high. So that's what
15:09
I'm really looking at. I eath right now, unfortunately, and the short
15:13
term does not look good at all. I mean, if you lose this
15:16
twenty eight hundred area, you got a good shot of coming down to twenty
15:18
six hundred. If you lose that, then you're looking at the twenty four
15:22
hundred range and these lower two thousands. But if you could get down to
15:26
those lower two thousands, it's a really goodbye potentially for a three x if
15:31
you can get it close to ten thousand. Yeah, X, well,
15:33
I think you look at just sentiment data. It's been falling right here since
15:37
the top on the twenty third of May, and it's been just on its
15:41
way down and pretty much much like the chart when we track these, I
15:46
think we're tracking about fifty tokens right now in the MSI. But that has
15:50
been the indicator. And the other thing that kind of deviates on bitcoin back
15:52
to that topic was just this separation that started to occur back in late last
15:58
month. Started to see kind of this down trend on market sentiment based on
16:03
our amplification scoring, which basically looks at what people are talking about whether or
16:07
not they're going to sell bitcoin or not. Other things I want to look
16:11
at is unice swap. Let's go over and jump to a tweet right here.
16:14
You asked, we answered, z k sink now live on the unice
16:17
swap interface. So some moves happening happening in unie swap. Of course,
16:22
we're probably going to see some movement around this token as it's related to eth
16:27
and the potential of a true ETF happening. What do you like or don't
16:33
like about the token? It definitely looks better than a lot of other things
16:36
in the charts. I mean, there's a utility case. I think a
16:37
lot of people are still selling or buying those meme coins that have gone crazy.
16:41
I really like the daily right here with the trigger wave, which definitely
16:45
tells me that we could have another jump up to twelve dollars. If you
16:49
could break above that, then you could be looking at seventeen bucks and then
16:52
even nineteen dollars. But it does seem unlikely that this would just shoot up
16:57
to nineteen bucks or twenty dollars while the rest of the market kind of comes
17:02
down. But I think you'll get up to like a good end of year
17:04
target. Early next year target would be at least, you know, nineteen
17:07
twenty dollars, So I think this can do really well. What I want
17:11
to also look at is the UNISWAP bigcoin evaluation really quickly, which is hitting
17:15
a huge area. As long as we could kind of hold you know that
17:18
low right there and it looks good in the two week, this could be
17:21
a pretty goodbye. I do like UNISWAP right now, but I would be
17:25
a little weary with people saying it's going to twenty dollars tomorrow. Yeah,
17:27
yeah, this is going to be one of those that I think will with
17:30
time align with so where eath is going. And if you know, if
17:34
you're looking ato diversification, I don't know if I would diversify off the ethic
17:38
goos into UNIEWAP or maybe look at some other chains Avalanche, et cetera.
17:44
You know, if I were diverse, I go into unis yeah, depending,
17:48
Yeah, all right, So a couple of things here, Solana.
17:49
Of course, price prediction right now, but back to actually I want to
17:55
go back to eight for a second, because what was your low on eh
17:59
You were saying that the absolutely I could see is twenty one hundred, But
18:02
I don't know if we're going to go that low. I think there's a
18:03
decent shot of bouncing off twenty six hundred. I think there's a decent shot
18:07
of bouncing off twenty four hundred. You might even just play ping pong another
18:11
like the most boring outcome ever, just come back down to twenty nine hundred
18:14
then bounce from there. So hard to say, but I do think there's
18:17
a high likelihood of coming up down to at least like twenty nine hundred three
18:19
thousand. Again, all right, so a couple of things with Solana price
18:23
prediction right now, Solana falling a little bit behind Finance, which is kind
18:29
of interesting if you compare the two. Can Solana recover off of where it's
18:33
been doing because we've had this sideways range on Solana for a bit of time,
18:37
right yeah? And is it in a position to where we could see
18:40
some dollar cost averaging entry points? Again, I think right now just dollar
18:44
cost averaging for next month to two months for crypto in general is pretty good.
18:48
But when you do look at I mean, obviously when things look bearish,
18:52
you should kind of be dollar costing averaging because it's you know it's coming
18:56
down. You're already down a good amount from that two eight yearly. It
19:00
does look bad in the weekly, but it does look like, especially in
19:04
the having year, you get a trigger wave down here at potential bottom in
19:07
July or August. Now, where could you end up? One sixteen is
19:11
a really big area. You could have a double bottom from the previous low
19:15
in April. If you lose that, I'm looking at one hundred probably worst
19:18
case scenario is like high eighties, mid to high eighties. Interesting, and
19:22
that would be around a sixty percent drop down, which is possible. You
19:27
know, we have seen a lot of alts come down that much. So
19:30
tough to really say, but I do think for the next month to two
19:33
months I would be a bit more bearish, but August to election I would
19:37
be very bullish. Yeah, all right, XRP. As we have reported
19:42
over the last couple of days, they had their apex event. They had
19:48
two days. They announced a lot of things, stable coins, a lot
19:51
of integrations. We're going to see I think, you know, all sorts
19:56
of new products and projects coming out of Ripple but X, especially now that
20:00
the token is going to be utilized in terms of liquidity and things of that
20:03
nature. Does this change your position on XRP. I was a little hoping
20:10
that we'd bounce off of this area. XRP is the most irritating thing I've
20:12
seen in my entire life on the charts. I mean, this is more.
20:15
This is like looking at gold. I mean, it's just I mean,
20:18
you're kind of losing this area. If you break downward, you're looking
20:22
at a retest of thirty six cents. If you like the bullish news and
20:26
you come up, you're looking at ninety four cents. This thing is just
20:29
the weirdest. I mean, if you want to make money, just stay
20:32
away from this. There's much better. I'm just kidding, but I don't
20:34
know. I mean, I do think there's a good bad. The fundamentals
20:37
are pretty good. XRP versus Bitcoin is just atrocious. Just been down so
20:41
much. You could bounce here. It's taking a big area. I think
20:45
it could be a good gamble. Maybe wait a month or two and see.
20:48
This is just I'm guessing that XRP is not a play you're making.
20:52
Yeah, Amax, you've been a big proponent of a bad I am ay
20:56
books. So a little bit of rumors saying the l one will become easier
21:02
to use this year, So I mean, you know that's gonna onboard some
21:06
new people. Maybe we get some more gaming ecosystem rolling up. They've been
21:11
a little bit quiet in terms of releases. What do you think about the
21:15
token right now? The token right now, I mean, it's it's on
21:17
thin ice, it's on somethin ice. It kind of when I look at
21:19
the charts and you get the yellow X here, you know money, it's
21:22
not looking too good. This is I don't like the head and shoulders pattern,
21:26
but it does look like it's gonna play out and you're gonna come down
21:30
to potentially that twenty one dollars area. Okay, especially if Bigoin does that
21:33
goes down farther, but that's like scene of the crime. Like somebody like
21:37
Eric Solo I would like to say, you know, it's a big area
21:38
right here, and I think if you hit that, that could be a
21:41
huge place. Just come down here in the next month and then you could
21:45
shoot up into the end of the Hugue catalyst. Yeah, yeah, just
21:48
like that. Like, I think there's a high likelihood of that. Lots
21:51
of opportunity here, guys, as we look forward into these GameStop is one
21:56
that we've talked about quite a bit. Roy and Kiddy. Of course,
21:59
we did that crazy livestream with him the other day. That was not that
22:03
great, I didn't think, but you know, it is sparking a little
22:07
bit of a conspiracy with now four million more in game stock or games stop
22:12
stop swap, Yeah, game swap? Do you like dummy? Sure too.
22:18
I mean it's a trader's coin. I mean, we know if you're
22:22
holding this long term, I mean you creep back up for a minute there,
22:26
trigger wave on the twelve hour. I do think in the short term
22:29
you potentially could get up to thirty nine. If you break above that forty
22:33
seven, I kind of feel like it would just be a ping pong for
22:37
a little bit. You're gonna bounce around or something. It's obviously a gamble
22:42
man. It's tough to say. Maybe if the FED pivots in September,
22:47
you may see some more meme fun, but I don't know. But these
22:49
trigger waves I do money flow coming up at Sammy's time frames. I do
22:52
kind of like, I don't think you'd ever make a new all time high
22:56
again. But I have been wrong before about memes. So yeah, and
23:00
hey listen, guys, if you're not in our air Drop Summer program,
23:03
get in it. You're probably in our Diamond circle right now, but you
23:07
can get in if you're a member all of even if at the Diamond Circle,
23:10
which is our free level, get in there, because all you have
23:12
to do is just click that little button right there says add your wallet dress.
23:15
We'll do a Base wallet or a Salona wallet. We're gonna be air
23:18
dropping tokens into that this summer, and a lot of them, so make
23:22
sure and be a part of that. Well, we're gonna go to some
23:25
questions before we do that, though, I do want to take a look
23:26
at the pole and see how it's coming in. What happens first bitcoin falls
23:30
below sixty? Ooh, everybody's saying no, not everybody. This is a
23:36
tighter pole than I thought. Yeah, seventy, so a little bit more
23:38
bullish here, evan go into seventy. Yeah, I mean before sixty we
23:45
could retest seventy. We're not that far away from it. I mean,
23:47
you got a big point at sixty eight. I would kind of guess sixty,
23:52
you know, just based on that trajectory back here downward on the daily
23:55
so I would guess sixty would be more likely like following this directory downward rather
24:00
and coming in. Yeah, yeah, sure. We got a lot of
24:03
questions coming in. I'm gonna let you take them today and then we'll try
24:06
to there's probably a few. So let's see. Somebody's asking about Algorand.
24:08
Man, I haven't heard about anyone talking about Algorand in a while now.
24:12
That project was so it's not that it's a bad product again, it's fighting
24:18
the pr you know, storm of all of these projects that do a really
24:22
good job, whether it's meme modification, gaming. You know, alt around
24:26
is a very core It's kind of like Hbar. H Bar has a great
24:30
core product, and I love Hodera. It just doesn't you know, it
24:33
has you know, some moves. Yeah, if you're in long term on
24:37
either one of these, the likelihood is you're probably going to do okay.
24:41
But would you get a five x A ten X move? Is the question?
24:45
Say a four x, a three x at least something. I mean
24:48
we're hiitting right here. You probably are going to come down and maybe test
24:51
those lows again. If you get a hold the ten cents, that would
24:53
be good. Longer term, you could probably get up to eighty cents,
24:57
maybe get a nice four x or maybe a bit more than that at least.
25:00
So yeah, stellar lumins Man. People are asking about stuff from the
25:06
nineteenth century. I don't know about that one. That one I would play,
25:11
all right, what else? Jasmine? Oh that's moving, that's like
25:14
the top, that's the top fifty Now I think Jazzmine. You know,
25:18
we broke Jazzmine on this show about six months ago. We were talking about
25:22
that. I remember that. Yeah, it's hitting a big point right now
25:26
in my chart, right around that forty cent mark and you're rejecting let me
25:30
look at the weekly here. Yeah, weekly may give you a bare div
25:33
I'd be a little careful. I can see a retest of I don't want
25:37
to say twenty cents. I hope some of our members and some of our
25:38
people jumped on that when we talked about it, because that's a that's a
25:41
great gang. We've got Jupiter with exclamation points. Jupe. Jupe is such
25:47
a great product. If you've never used the exchange, it is an absolute
25:52
unbelievable experience. I believe it's probably one of the best out there. Granted
25:56
now it's going head to head with UNISWAP, but if you wanted to leverage
26:00
Solana ecosystem, all right, jup's a good play. I would go with
26:04
that over Aerodrome, you know, which is right? I definitely would too.
26:08
Yeah. So, I mean if I was playing DEXes and trying to
26:11
look at, you know, diversifying into those, it's hitting a big point
26:15
right now. If we lose this eighty cent rage, unfortunately, you're probably
26:18
going to retest sixty cents, but that would give you a bubble pop pattern
26:21
and a nice sixty seven percent correction. That could be a big place to
26:25
look. Yeah, so that might be a target Render. They're asking about
26:27
Render. Great token, huge token. We have been on this one for
26:33
almost two years. We still hold this, you know, this is one
26:36
that we like. Again, it's still it goes the way of Nvidia.
26:40
You know. Really if you think about the connection between jewels, you know,
26:45
and where the Veda Nvidia executive team is, there's a lot of synergies
26:49
there and I just think I don't know that the tech is right. Does
26:53
it come back and do better than near protocol? I don't know, does
26:57
it? What do you think if you are or Render? That's a tough
27:02
question. Probably the small I mean, is the smaller market cap now Render?
27:06
Maybe yeah, but it's like been up so much it depends. I
27:07
mean, I think Render it could come down to maybe five to high four's
27:11
this big area. If you were to lose, you know, the high
27:14
sixes, you may get lucky and hold on still holding seven. Yeah,
27:18
now looking too good in my opinion that I don't like that weekly It does
27:21
look like you'd retest this major point at around Yeah, we could see.
27:26
Let's see thoughts on audious for music play in Chile's for sports play. I
27:30
like Audious obviously Solana. The key here with though, with music is we
27:37
haven't seen a lot of releases of some of the great artists to go in
27:41
that direction. My concern with Audius right now is do we get a major
27:47
move by one of the other tokens or some other relationship around creators that could
27:52
go on the music side of things. And you know, if you look
27:55
at the I would say the failure of where Gala was be able to do
28:00
music, audience should have picked up the bag there and really ran with it,
28:03
and it just has not been the case. However, it goes up
28:06
and down. It's you know, it's like any other soaken, but it's
28:08
in the Salona ecosystem. So asking, are there any charts that I do
28:11
like right now? Apple chart, I like the Tesla chart. Like we
28:15
mentioned a lot of those blue chip NASDAC things. I think we'll do very
28:18
well into the election, and I do think it is a good bye still
28:22
for dcang into bigcoin into all the coins for next month to two months.
28:26
Somebody's asking, is Maddick still a good hold? I think so? Yes,
28:29
Really you're okay, See, I'm I'm on the other boat. I'm
28:33
not holding Maddic any longer. Wow, pulling away from Madic a little bit.
28:38
Mainly, you know, I do like the I still like the Salona
28:41
ecosystem, but I still I do like the ETH ecosystem. That's the thing,
28:45
you know, I got the Eth dragon. I should show. Somebody's
28:48
asked, is card Ono a dead project? Well, if you had that
28:52
answer for Madick, I want to hear this one. I don't want to
28:55
say anything about that, you know, I don't. I don't speak badly
28:57
about about the I think it'll worst case church. We'll see you do like
29:02
a light coin or like an XRP this bull run, but that's still a
29:03
three or four X or something. Okay, all right, it'll do something.
29:07
But I don't know. I mean, you know dead. Would you
29:10
consider never make a new all time higher? Again? I would say,
29:11
but it'll do something. I think. Let's see twenty dollars Avax is a
29:15
buye in my book, especially if gaming starts to get Yeah, yeah,
29:18
go for that. Yeah. I mean that's it not financial advice, but
29:22
that you know, for me, I would play that. Yeah, I
29:25
jump in on that. What if I'm looking at you think about run.
29:30
You look at Stacks, you look at some of the bitcoin adjacents, and
29:36
Stax has been a solid project. Bitcoin goes up, but you know there's
29:40
a potential play here on stacks. Yeah, you know, trailing in with
29:44
where bitcoin could really come into Would you look at going on that route for
29:48
Stacks. I like the trigger wave forming right here. However, it may
29:52
be a little bit of a facade where we do come down a dollar fifty
29:56
seven, But I do think dcing into this is pretty good A small position
30:00
in this, Yeah, but yeah, when you look at like when you
30:03
zoom in a little bit more, that five day doesn't look good. So
30:06
look, I mean you're still down, it's still a good discount. I'd
30:08
say worst case scenario, you'd probably come down to like a dollar or so,
30:12
you know, a little less than a fifty percent correction. But if
30:15
you're willing to hold this, I think you will come higher than four dollars
30:18
next year to year and a half probably, Evan, we got to do
30:22
we got to do a collab on our portfolio. Yeah, like you know,
30:26
for you know, maybe a special event or something. Sure and just
30:32
talk about because there's a lot of tokens I think everybody asked about it that
30:34
sometimes we're making plays. You know that our short term but I say short
30:40
term less than maybe sixty or ninety days in terms of a hold. But
30:42
yeah, we should do that, so let's see. Yeah, definitely,
30:45
definitely, all right, guys, make sure and drop in on the Diamond
30:48
Circle if you're not in already. It's a great place to get additional content,
30:52
easy to do that. Make sure and check out Evan's channel as well.
30:55
Of course, you can find him out there on YouTube YouTube dot com
30:57
firm slash evan Aldo beautiful and are you still doing the PBN discount? Yeah?
31:03
Yeah, I think it's Paul Barron. Is the discout code Evanaldo dot
31:06
com Paul Barron's discout code. I believe it is twenty percent off perfect.
31:10
I like the twenty off. That's a good. I like the twenty off.
31:12
That's a good. I like the twenty off. That's a good.
31:15
I like the twenty off, that's a good. Well, the free course
31:18
is very just DCA areas historically a DCA in and DCA. I think there's
31:22
going to be a lot of new people coming into crypto trading, definitely,
31:23
Yeah, so this could be which is education is the key here. That's
31:27
education is the key here. That's an education is the key here. That's
31:30
education is the key here. That's education is the key here. That's education
31:34
is the key here. That's education is the key here. That's following me
31:37
out there on X at Paul Barron. We'll catch you next time right here
31:40
on tech Bath