Latest / The Paul Barron Crypto Show / Coinbase v. SEC Over!🎉Technical Analysis w/ Investing Broz ​
Transcript
- 0:06Speaker 1: My name is Paul Berre. Welcome back into tech path.
- 0:08Speaker 1: Also joining me today is going to be one of
- 0:10Speaker 1: our traders and he is going to break down all
- 0:12Speaker 1: sorts of tokens. You guys don't want to miss it,
- 0:14Speaker 1: so stay tuned here. I do want to thank our sponsor,
- 0:16Speaker 1: and that is I Trust Capital. You guys can get
- 0:18Speaker 1: into your own CRYPTOIRA very easily. I have to do
- 0:22Speaker 1: is visit I Trustcapital dot com and you can trade
- 0:24Speaker 1: within that. This is the cool part of I Trust Capital.
- 0:27Speaker 1: And the other thing is is you can transfer other
- 0:29Speaker 1: four oh one ks. A lot of flexibility on how
- 0:31Speaker 1: to build your investment portfolio as one of the components
- 0:35Speaker 1: many things that you should be doing out there. Check
- 0:38Speaker 1: this one out. Use our link down below. It's going
- 0:40Speaker 1: to give you one hundred dollars funding reward to get started.
- 0:43Speaker 1: Joining me today, of course, is none other than mister
- 0:45Speaker 1: Tim Warren coming in from Investing Bros. I will start
- 0:49Speaker 1: it off with this. If you guys are not subscribed
- 0:51Speaker 1: to Tim's channel, go right here. This is your chance.
- 0:55Speaker 1: Before we get started. We're not going to give you
- 0:57Speaker 1: one trade until you subscribe right now. Get in there
- 1:02Speaker 1: and subscribe to his channel. And he's doing some good
- 1:05Speaker 1: work out there. But anyway, good to see you, Tam.
- 1:06Speaker 1: How are you.
- 1:07Speaker 2: I'm doing good, very very glad to be with you. You
- 1:10Speaker 2: got people will see. I'm in a different background. My
- 1:13Speaker 2: house up in Georgia flooded, so now funks you with
- 1:16Speaker 2: the washing machine, So it's okay. It's a rental. They're
- 1:19Speaker 2: fixing it. Not gonna cost me a dollar. But while
- 1:21Speaker 2: they're fixing it, my wife and I came down to
- 1:23Speaker 2: Florida with some family, so I'll be back next week
- 1:25Speaker 2: in my normal background. But it's glad. Hey, good to
- 1:28Speaker 2: be here with you again, Paul.
- 1:30Speaker 1: Florida's okay. I mean right now, there's some pretty cold weather,
- 1:32Speaker 1: so you're in good shape, you know.
- 1:33Speaker 2: Oh yeah, already. I'm loving this Florida trip so far.
- 1:36Speaker 2: I think it's like forty degrees where we are right now.
- 1:38Speaker 2: So that's nice.
- 1:39Speaker 1: That's that's lovely. Let's go over to a clip I
- 1:42Speaker 1: want to play for you. This is Brian Armstrong talking
- 1:45Speaker 1: about the news. Let's go ahead and cupe that one.
- 1:48Speaker 3: Yeah, in twenty twenty three, they came to us and said,
- 1:50Speaker 3: we think you're trading securities on your platform. But the
- 1:52Speaker 3: problem with that is, if you go back to just
- 1:54Speaker 3: a few years prior we had gone public, we'd explained
- 1:56Speaker 3: everything about our business to the SEC. They asked us
- 1:59Speaker 3: a questions. They knew exactly what our listing process was
- 2:02Speaker 3: and how we took a very conservative approach. And then
- 2:04Speaker 3: a few years later the political climate changed and they
- 2:07Speaker 3: suddenly changed their mind. But that's not how it works.
- 2:10Speaker 3: If you're a regulator, you can't just make up new
- 2:12Speaker 3: rules if you don't like the existing ones. They have
- 2:14Speaker 3: to follow the law and they have to publish clear
- 2:16Speaker 3: rules that the industry can then adhere to. And so
- 2:19Speaker 3: this case was bogus, and we were right on the facts.
- 2:23Speaker 3: If we hadn't stood up for our customers' rights and
- 2:25Speaker 3: actually pushed back against this, it could have been the
- 2:27Speaker 3: end of the crypto industry in America. So what we're
- 2:28Speaker 3: told is that next week the Commissioners will vote on it.
- 2:31Speaker 3: It seems to be a formality at this point, but
- 2:33Speaker 3: the staff are they're telling us, they're recommending to the
- 2:35Speaker 3: Commissioners that this be fully withdrawn. And I want to
- 2:38Speaker 3: be clear, this is not a settlement where we pay
- 2:40Speaker 3: some fine and admit some wrongdoing. This is just they're
- 2:43Speaker 3: fully withdrawing the case and so we don't. We're not
- 2:45Speaker 3: changing anything about the business. We're not paying a single
- 2:47Speaker 3: dollar as a fine, which I believe is quite unprecedented
- 2:51Speaker 3: in SEC history.
- 2:52Speaker 1: This is fantastic news. I mean the fact and this
- 2:55Speaker 1: is something we've talked about here on this chat. I know,
- 2:58Speaker 1: is that we've been behind coinbase Hall alone and saying
- 3:00Speaker 1: this is absolutely going to get dropped at some point
- 3:03Speaker 1: to Armstrong's benefit. This is the case right now, and
- 3:06Speaker 1: of course I think he hit on it, and that
- 3:08Speaker 1: is that the administration shift has really made the difference.
- 3:12Speaker 1: The scary thing here, Tim is that this was a
- 3:16Speaker 1: near miss on a cataclysmic crypto hit in the United
- 3:21Speaker 1: States had something like this went through. So man, we
- 3:24Speaker 1: don't know how lucky we are on this deal for sure.
- 3:26Speaker 2: What do you think this is doing to the market. Yeah,
- 3:30Speaker 2: I mean, obviously right now at the time we're recording
- 3:32Speaker 2: this video, we're dropping in price. And I think you
- 3:36Speaker 2: might talk about on the video as well. Obviously there's
- 3:37Speaker 2: that big hack that happened with Ribit where Ethereum wallsh
- 3:41Speaker 2: were hacked. Ada as a whole, as we're going to
- 3:44Speaker 2: look at in the charts here for a little bit.
- 3:45Speaker 2: I actually told our trading community this morning that I
- 3:47Speaker 2: was expecting bitcoin to drop down to ninety sixty three,
- 3:51Speaker 2: and that was before the bibit news came out. Of course,
- 3:53Speaker 2: the bibit news has been coincidental. I know a lot
- 3:56Speaker 2: of that fut has actually been dispelled at this point,
- 3:58Speaker 2: but I don't know if this is going to have
- 4:01Speaker 2: short term ramifications. This coin based news, it's fantastic news.
- 4:05Speaker 2: And this goes into that stockpile of news that we've
- 4:09Speaker 2: heard over the last month. We've heard nothing that sparks
- 4:12Speaker 2: the bullishness right now, but we've heard so many things
- 4:14Speaker 2: about the future of how America is going to treat
- 4:17Speaker 2: cryptocurrency right that should make everybody at least long term pulls.
- 4:20Speaker 2: Even if you're barish right now, even if you think
- 4:22Speaker 2: bitcoin's going to drop down like seventy five thousand, even
- 4:25Speaker 2: if you think all coins have further to bleed, you
- 4:27Speaker 2: might be bearished for the next couple of months, but
- 4:29Speaker 2: you can't be bearished for the next couple of years.
- 4:32Speaker 2: And hearing this confirmation from Brian is very good.
- 4:35Speaker 1: Yeah, well, you got one hundred and eight k bitcoin prices,
- 4:38Speaker 1: what everybody's pointing to You're saying that we could see
- 4:40Speaker 1: this dip before we start to see another opportunity going up.
- 4:43Speaker 1: And a couple of points they're hitting on in this chart.
- 4:46Speaker 1: One thing, of course, is they're getting in some of
- 4:48Speaker 1: the macro side Jabis claims exceeding the median forecast. This
- 4:51Speaker 1: is four thousand to reach two hundred nineteen thousand round.
- 4:54Speaker 1: So that's a sign right there that the labor market
- 4:56Speaker 1: may not withstand longer periods of this policy as it
- 5:01Speaker 1: is today. And zero likelihood of the Fed doing an
- 5:04Speaker 1: interest cut. So that's another factor which is coming up,
- 5:07Speaker 1: you know here in a few weeks, so likely as
- 5:09Speaker 1: we'll see another pause. I don't think we're going to
- 5:11Speaker 1: see a hike. But if you look at the bitcoin
- 5:13Speaker 1: chart right now, show me what you're thinking when you
- 5:17Speaker 1: look at a ninety six k bitcoin and why you
- 5:20Speaker 1: think it's going back there.
- 5:22Speaker 2: Yeah. I'll preface this, Paul by letting everybody know, even
- 5:25Speaker 2: though I was confidence pullback, you got right now it's
- 5:28Speaker 2: recording this. We're three hundred dollars, six hundred dollars away
- 5:31Speaker 2: from my target. Not a massive deal, But what I'm
- 5:34Speaker 2: talking about with this pullback is actually going to be
- 5:37Speaker 2: bullish if I'm right on how this plays out. And
- 5:39Speaker 2: with that, let's go ahead and take a look at
- 5:41Speaker 2: the bitcoin chart. What I was looking at this morning
- 5:44Speaker 2: again before the by bit news, was the Luxaugo oscillator
- 5:48Speaker 2: on the four hour chart that gave us a red reversal,
- 5:52Speaker 2: a gray bearish dot on the hyperwave, and then in
- 5:55Speaker 2: the middle here this is the money flow, the money
- 5:58Speaker 2: flow starting to go negative, meaning money was pulled out
- 6:01Speaker 2: of bitcoin here at least this is the bitcoin I
- 6:04Speaker 2: think over coin based chart, but it's very accurate compared
- 6:06Speaker 2: to other things as well. So that's where I said, hey,
- 6:09Speaker 2: sell off is coming. This is my favorite cell signal
- 6:11Speaker 2: using the lux Ago oscillator and what I always love
- 6:14Speaker 2: to do. But we're gonna find some confluence here and
- 6:16Speaker 2: I'll explain why this is so bullish. Whenever I see
- 6:18Speaker 2: a cell signal, I turn on the signals and overlays
- 6:21Speaker 2: from lux Ago, and I take a look at where
- 6:23Speaker 2: the blue smart trail is. If we're above it, it's blue,
- 6:25Speaker 2: if we're below it, it's red. I always take a
- 6:27Speaker 2: look at that smart trail. Guess where that smart shill's coming?
- 6:30Speaker 2: Right in at right here, just south of ninety six
- 6:32Speaker 2: three hundred, so it's actually like ninety six to two.
- 6:35Speaker 2: But I told you there's confluence here. You're gonna see
- 6:38Speaker 2: here as I turn this off. This also is the
- 6:40Speaker 2: former resistance level that just the other day we broke through.
- 6:44Speaker 2: This is a resistance level that's been in play since
- 6:47Speaker 2: the all time high set back here in January. And
- 6:50Speaker 2: even though we kind of wrestled with it and had
- 6:51Speaker 2: a couple of wicks break above it here in late January,
- 6:55Speaker 2: you can see we've stayed below this line the whole time. Well,
- 6:58Speaker 2: the other day we did something very important. We broke
- 7:01Speaker 2: through this line, closing several four hour candles above it.
- 7:05Speaker 2: We even have now closed a daily candle, and we're
- 7:07Speaker 2: working on opening and closing a daily candle above it.
- 7:10Speaker 2: But you're also gonna see we broke above the last
- 7:14Speaker 2: former high in this trend, which means for the first
- 7:17Speaker 2: time since all time highs on bitcoin, technically speaking, bitcoin
- 7:21Speaker 2: has changed from lower highs and lower lows to now
- 7:24Speaker 2: we put in a higher high. And the question becomes,
- 7:27Speaker 2: can we confirm and set the higher low? Well, guess
- 7:30Speaker 2: what if I'm right, and if this is the bottom
- 7:33Speaker 2: of that pullback ninety six three, ninety six to two.
- 7:37Speaker 2: You're coming down here. You're bouncing off that four hour
- 7:39Speaker 2: smart trail. You're also bouncing off the former resistance level
- 7:42Speaker 2: and turning the support called a retest, and then you're
- 7:45Speaker 2: making a way to the upside. That would confirm not
- 7:47Speaker 2: only do we now have a higher high appear, but
- 7:50Speaker 2: this could also be the first higher low in a
- 7:53Speaker 2: new bullish trend. The other reason that happened this morning
- 7:56Speaker 2: that I would say is a big catalyst for why
- 7:58Speaker 2: we need to come down about that distance. We're finding
- 8:01Speaker 2: further confluence here is taking a look at liquidation charts.
- 8:04Speaker 2: Let me get rid of this. You can see bright
- 8:07Speaker 2: bright yellow right here. Anyone who reads liquidations charts knows
- 8:10Speaker 2: what that means is there are millions of dollars worth
- 8:12Speaker 2: of fresh longs that were created on the breakout that
- 8:16Speaker 2: experienced traders are saying, Hey, we have an excuse to
- 8:19Speaker 2: come down and liquidate these long positions. Come down here
- 8:21Speaker 2: in ninety six three, get rid of them, and then
- 8:23Speaker 2: when everyone turns barish because they see all this negative menum,
- 8:26Speaker 2: we can buy it back up and start to attack
- 8:29Speaker 2: all of the liquidations to the high side, and of
- 8:31Speaker 2: course we got to zoom out here and you look
- 8:33Speaker 2: at larger timeframes, we have massive long liquidations piling up
- 8:37Speaker 2: all the way back towards one ten. We have some
- 8:40Speaker 2: to the south too, But right now I do think
- 8:42Speaker 2: the markets are making some moves to convince me that
- 8:45Speaker 2: the bulls are ready to make a push. We just
- 8:47Speaker 2: need to set that higher load and match our new
- 8:49Speaker 2: higher high Let's clear out those liquidations, start fresh, and
- 8:53Speaker 2: then we can make a move even further forward. That's
- 8:55Speaker 2: kind of what I'm reading at the moment.
- 8:56Speaker 1: Yeah, I mean the analyst that we just showed a
- 8:59Speaker 1: second the chart was very similar to that in the
- 9:02Speaker 1: sense that this is a potential for an early entry
- 9:06Speaker 1: on the breakout. But getting down to the downside in
- 9:08Speaker 1: terms around that ninety six to two range I think
- 9:10Speaker 1: is going to be pretty This is going to be
- 9:13Speaker 1: critical too, because if we break below that, that will
- 9:15Speaker 1: be an interesting playout. That'll be a different game. As
- 9:18Speaker 1: it starts to become a little bit more bearish on bitcoin. Obviously,
- 9:21Speaker 1: the by bit news hit and the one thing that
- 9:25Speaker 1: was going on here it was ethereum that was hacked.
- 9:28Speaker 1: So Ethereum took an immediate I think on this next week. Yeah,
- 9:32Speaker 1: took an immediate he had six percent right there after
- 9:34Speaker 1: the confirmation. One point four billion E falls off what
- 9:38Speaker 1: was really a good trend right before this, which was
- 9:41Speaker 1: holding it around twenty eight hundred. How does this show
- 9:45Speaker 1: up for ethereum long term? Do you think this is
- 9:48Speaker 1: just a small pothole that we're in right now? What's
- 9:51Speaker 1: your opinion?
- 9:53Speaker 2: Yeah, so this is a I don't want to call
- 9:55Speaker 2: it a full blown black Swan event, because a black
- 9:58Speaker 2: Swan event carries ca that would say like something catastrophic's
- 10:02Speaker 2: gonna happen. But it was a surprise. I mean, no
- 10:04Speaker 2: one holding a theory in this morning was prepared for
- 10:06Speaker 2: this kind of a news and it hit. And so
- 10:09Speaker 2: what you're gonna see play out is we did see
- 10:10Speaker 2: a big, big bearish candle here on the ethereum chart
- 10:14Speaker 2: over the last couple of hours. It's still bleeding, just
- 10:16Speaker 2: like Bitcoin is. But I think what's really good is
- 10:19Speaker 2: that was a pretty large hack that happened. It came
- 10:21Speaker 2: out of nowhere. I think there was an initial response
- 10:24Speaker 2: thinking that this was maybe another major exchange fallout. It's looking,
- 10:29Speaker 2: at least from what I'm seeing, the CEO of bid.
- 10:31Speaker 2: It is saying that everything is solvent. They're just working
- 10:34Speaker 2: to try to recover the funds. But even if they
- 10:36Speaker 2: don't recover the funds, everything's going to be okay. What
- 10:38Speaker 2: I'm still here though, if you're just a chartist, you
- 10:41Speaker 2: might say, yeah, those are some pretty big bearish candles
- 10:44Speaker 2: over the last eight hours, But as a whole, we're
- 10:47Speaker 2: still trending in an upward manner here with higher highs
- 10:50Speaker 2: and higher lows here on the four hour chart. We're
- 10:52Speaker 2: not doing anything special, nothing spiffy just yet. But this
- 10:56Speaker 2: is going to take you out to a longer time
- 10:57Speaker 2: frame thing that we've been monitoring on our channel. And
- 11:00Speaker 2: you got to understand on the larger the timeframe, the
- 11:02Speaker 2: longer bisgnles can take to come and play out. Ethereum
- 11:06Speaker 2: has been under a bisgnal now for just about a
- 11:09Speaker 2: week or so, where you had the green reversal, you
- 11:11Speaker 2: had the bullsh momentum, and then you have the start
- 11:13Speaker 2: of the positive money flow again. This all kind of
- 11:15Speaker 2: came together back around the thirteenth, so a little over
- 11:18Speaker 2: a week ago. But I always tell people whenever you
- 11:20Speaker 2: have the bi singles, it's not uncommon to see it
- 11:23Speaker 2: have a delay or what I call a manipulated play
- 11:26Speaker 2: for about twelve candles, and sure enough, right now we're
- 11:30Speaker 2: still within that window. If Ethereum does decide to finally
- 11:34Speaker 2: go to the upside, and this is a bullsh sign
- 11:36Speaker 2: something really bad happened to Ethereum, it's still pretty in
- 11:38Speaker 2: higher high and higher lows. I'm looking bare minimum three
- 11:41Speaker 2: thousand to get back up here. But if you look
- 11:45Speaker 2: at this other trend line I was showing our community
- 11:47Speaker 2: the other day, let me turn off lux for a
- 11:49Speaker 2: second to make it clear. We're retesting this blue line
- 11:52Speaker 2: right here. We're retesting a very significant upper trend of
- 11:56Speaker 2: a support level that Ethereum has been using since the
- 11:58Speaker 2: bear market bottom back in June of twenty twinty two.
- 12:01Speaker 2: And look at the big rallies Paul, after touching this
- 12:04Speaker 2: support level, after dropping to it, look at the different heights.
- 12:08Speaker 2: Ethereum rallies in a couple of weeks, one hundred and
- 12:10Speaker 2: thirty percent back there in twenty point two, it comes down,
- 12:12Speaker 2: touches it again. Over the next couple of months, it
- 12:14Speaker 2: rallies one hundred percent, comes down, touches again. This is
- 12:17Speaker 2: the big one here. I got to scroll up to
- 12:19Speaker 2: get here. After touching it again, Ethereum would rally one
- 12:21Speaker 2: hundred and seventy three percent, And even this most recent
- 12:23Speaker 2: time we dragged on that line, but after we finally
- 12:26Speaker 2: decided it was time to go up Ethereum, it was
- 12:28Speaker 2: the smallest one of them all, seventy two percent. Even
- 12:31Speaker 2: if you look at the low end of that and
- 12:33Speaker 2: you say seventy two percent again, we're still talking about
- 12:35Speaker 2: brand new all time highs. We're still talking about getting
- 12:37Speaker 2: up over forty five hundred dollars. But I could easily
- 12:40Speaker 2: see with Ethereum being more stifled recently, despite the fundamentals
- 12:44Speaker 2: being strong and the team being strong, I wouldn't be
- 12:47Speaker 2: surprised to see another one hundred and seventy two hundred
- 12:48Speaker 2: percent rally and see in the next couple of months
- 12:51Speaker 2: a prediction I made a while ago, seven thousand is
- 12:54Speaker 2: going to be a very interesting level to watch for
- 12:56Speaker 2: Ethereum over the next couple of months. Can we start
- 12:59Speaker 2: an the next big rally. We're seeing some small term
- 13:02Speaker 2: positive signs and history is a big fan of this
- 13:05Speaker 2: type of move off the support bounce, but we do
- 13:07Speaker 2: have to wait to see it kind of come to confirmation.
- 13:10Speaker 1: Well, and this is something that I think ETH has
- 13:12Speaker 1: been due. You know, if you look at some of
- 13:15Speaker 1: the scenarios that we've seen with Solana running out very
- 13:17Speaker 1: early in what we thought was going to be an
- 13:20Speaker 1: all coin market, but in fact we saw a reversal,
- 13:23Speaker 1: and if you compare that to what's happening in Solana,
- 13:26Speaker 1: it's kind of interesting to see this play out for Eth.
- 13:29Speaker 1: I'm with you, I'm very bullish on ETH right now.
- 13:31Speaker 1: I'm looking at this long term in terms of really
- 13:33Speaker 1: starting to I think, maybe lead out this all coin
- 13:37Speaker 1: season finally, which we will get one. Hopefully Eth will
- 13:40Speaker 1: be the one that does that. Again, what about Solana
- 13:42Speaker 1: right now? You've got a forty percent decline in user activity,
- 13:46Speaker 1: mean coin rug pulls happening left and right. Everybody's starting
- 13:49Speaker 1: to smash on Solana. It went back up a little bit,
- 13:53Speaker 1: back over one seventy. But will this hurt Solana long
- 13:57Speaker 1: term or do you feel like this is just a
- 13:59Speaker 1: side swipe for Solona?
- 14:02Speaker 2: Yeah, I think something is really important. Whenever you start
- 14:05Speaker 2: to ask a question, is a coin in trouble or
- 14:09Speaker 2: is it still positive? I always tell people before you
- 14:12Speaker 2: freak out, zoom out. Okay, right now, what's the negative
- 14:16Speaker 2: news that everyone's worried about. It's the mean coin frenzy.
- 14:19Speaker 2: We all know that Solana has benefited from mean coin frenzies.
- 14:22Speaker 2: Every single time meme coins are the pot topic, Solona
- 14:25Speaker 2: does well. Every single time meme coins kind of get
- 14:29Speaker 2: in trouble, Solana is in trouble as well. But with
- 14:31Speaker 2: that said, again, I like to zoom out before I freak.
- 14:34Speaker 2: Oh gosh, this toggling thing. There we go. If I
- 14:36Speaker 2: can get this on all right, I'm just hitting the
- 14:38Speaker 2: button two many times. There we go, toggling this on it.
- 14:40Speaker 2: So if you look at this chart, right, if you're
- 14:42Speaker 2: looking at the daily chart, you're only looking at what
- 14:44Speaker 2: Solona's done since March of twenty pointy four. We set
- 14:48Speaker 2: new highs in December and in January. Good stuff. But
- 14:52Speaker 2: it doesn't look like the most interesting chart, right. Well,
- 14:55Speaker 2: that's why you zoom out and you take a look
- 14:57Speaker 2: at the long term perspective here if it wants to
- 14:59Speaker 2: look mode Solana is I want to say one of
- 15:04Speaker 2: because I'm not gonna sit here and say it'fty only.
- 15:06Speaker 2: But it's one of the very few alt coins that
- 15:09Speaker 2: actually technically has set a new all time high, but
- 15:11Speaker 2: it was still around for the majority of the twenty
- 15:14Speaker 2: twenty and twenty twenty one bull market. Right, almost no
- 15:16Speaker 2: other coin is doing what Solana is doing. And yes,
- 15:19Speaker 2: Solana has had a pull up. Here if you want
- 15:22Speaker 2: to look at percentages from that all time high set
- 15:24Speaker 2: in January, we're currently down forty percent. But to me,
- 15:28Speaker 2: when I zoom out and look at this chart and
- 15:29Speaker 2: I see a continual higher highs and higher lows, I
- 15:33Speaker 2: actually sit here and say, you know what Solana loves
- 15:35Speaker 2: to do when it wants to cool off. Solana loves
- 15:38Speaker 2: to fall forty to forty five percent. It did it
- 15:41Speaker 2: back here in the summer of twenty twenty four. It
- 15:43Speaker 2: did it right back here. Let's go back to this
- 15:45Speaker 2: collapse in July twenty one three forty five percent. Forty
- 15:48Speaker 2: five percent seems to be a magical number for Solana
- 15:51Speaker 2: on these pullbacks. Guess what we have right now from
- 15:55Speaker 2: the all time high on Solana. If you go from
- 15:57Speaker 2: the top to the bottom, we roughly had a forty
- 15:59Speaker 2: five percent pullback. You're also gonna see, similar to what
- 16:02Speaker 2: I was talking about with Bitcoin, with what we call
- 16:03Speaker 2: a retest the former resistance trend from last summer has
- 16:08Speaker 2: now been used three times as support and even though
- 16:10Speaker 2: we have a couple of weeks down below, you can
- 16:12Speaker 2: see here a massive buy up as we retested that
- 16:16Speaker 2: supply level or that support level. That is a very
- 16:19Speaker 2: big win for Solona. And even though we don't quite
- 16:22Speaker 2: have a daily by signal yet, we're very close with
- 16:25Speaker 2: GREENI versal bulls from minimum. We just see that money
- 16:27Speaker 2: flow to go positive. We are seeing the twelve hour
- 16:29Speaker 2: chart printing a BI signal and this one you see
- 16:32Speaker 2: this bright red mark right here. This is called excessive sellers.
- 16:36Speaker 2: This is one of the cool features of Luxlagwa has
- 16:38Speaker 2: those excessive sellers that were suppressing price pretty much starting
- 16:41Speaker 2: back here on February fifth. They are now gone. So
- 16:44Speaker 2: we not only have a BI sgnal, I call these
- 16:46Speaker 2: super BI signals in our community. And at the very
- 16:49Speaker 2: bare minimum, we're talking about a move for Solana back
- 16:52Speaker 2: up here towards two hundred dollars. Daily chart's gonna tell
- 16:55Speaker 2: us again up here probably two eighteen to twenty, but
- 16:59Speaker 2: this is one I'm already starting to look back up
- 17:01Speaker 2: at the red reversal cloud saying I think three hundred
- 17:04Speaker 2: dollars is coming for Solona soon. It hasn't officially broken
- 17:08Speaker 2: structure yet. You can see if you got a lower timeframes,
- 17:11Speaker 2: it very clearly is still in a lower high and
- 17:14Speaker 2: lower low category. So you're not gonna get You're not
- 17:16Speaker 2: gonna get overwhelming positive feelings until you break back above
- 17:20Speaker 2: two hundred instead a new higher high. But if you
- 17:23Speaker 2: want to be aggressive, anyone wants to be aggressive and
- 17:25Speaker 2: buy the dip on Solana, you're not that far removed
- 17:28Speaker 2: from the dip back here at one sixty one. And
- 17:30Speaker 2: historically this is the time piod where people this forty
- 17:34Speaker 2: five percent dip is the time period where people have
- 17:36Speaker 2: been buying the perfect bottom on Solana before the next
- 17:39Speaker 2: big takeoff. So that's kind of what I've done. I
- 17:41Speaker 2: bought Solana the other day about one seventy and even
- 17:45Speaker 2: though I'm just a dollar eighty five in profit in
- 17:47Speaker 2: price action, it's a long term buy. So I'm holding on.
- 17:50Speaker 2: I'm still expecting much bigger things to come.
- 17:52Speaker 1: Okay, what about if you look at the soul eth
- 17:56Speaker 1: chart right now of how it would compare when you
- 18:00Speaker 1: look at the trade variation.
- 18:01Speaker 2: What I'm seeing right here, Paul, is this, I'm kind
- 18:05Speaker 2: of seeing a rising trend here. That is saying we're
- 18:08Speaker 2: on the bottom end of this trend. We're hitting some
- 18:11Speaker 2: support levels. Now what becomes important is what does it
- 18:13Speaker 2: look like from an oscillator perspective. On the daily chart,
- 18:16Speaker 2: the money flows negative, but we are getting reversals and
- 18:19Speaker 2: bullish momentum. I wonder how low I have to go
- 18:21Speaker 2: to get a bisignal. Not very far twelve hour. On
- 18:24Speaker 2: the twelve hour chart, Solana is projecting to outpace ethereum
- 18:29Speaker 2: over again. If this is a twelve hour chart we're
- 18:30Speaker 2: talking about the next week to two weeks is the thought,
- 18:33Speaker 2: it should be making its way back up here towards
- 18:36Speaker 2: point zero seven. But again, that should probably bleed into
- 18:39Speaker 2: a daily chart, by which you'll probably oh, look at
- 18:41Speaker 2: a bouncer right off the Daily Smart Show. That's a
- 18:43Speaker 2: perfect bounce right there. As well. This will probably leaked
- 18:46Speaker 2: and leak and leak. I wouldn't be surprised to seet
- 18:48Speaker 2: back up here at the top of this resistance new
- 18:49Speaker 2: all time highs over the next couple of weeks.
- 18:52Speaker 1: Okay, so that kind of validates your point as the
- 18:55Speaker 1: soul could be a little bit more bullish right now,
- 18:57Speaker 1: at least in the near term going forward, Let's talk
- 19:00Speaker 1: about XRP ETF looks like it's gonna happen. To Graysale,
- 19:04Speaker 1: XRPATF countdown has now begun a lot happening because they
- 19:08Speaker 1: filed with the Federal Register. Most likely going to see
- 19:11Speaker 1: this occur. If this occurs, you look at the XRP
- 19:15Speaker 1: chart and you think that's been hovering around two fifty
- 19:18Speaker 1: to three dollars for quite some time here after its
- 19:20Speaker 1: run up. Do we see a potential explosion on XRP
- 19:25Speaker 1: in the next little bit if we see an ETF land.
- 19:29Speaker 2: Oh absolutely, I mean we'll look at the charts. But
- 19:31Speaker 2: news like that absolutely would bring more adoption, more excitement
- 19:35Speaker 2: to XRP. But I love what you said there that
- 19:38Speaker 2: people need to remember. This is again zoom out before
- 19:41Speaker 2: you freak out what you said. Have you been hovering
- 19:44Speaker 2: around two fifty? Another word for hovering would be consolidating.
- 19:48Speaker 2: So it's more about what what are we consolidating at.
- 19:51Speaker 2: What's the details of the consolidation. I want to show
- 19:53Speaker 2: you guys this chart. I'm zoomed in first, but I
- 19:55Speaker 2: want to show you we're trading on a short term
- 19:58Speaker 2: below this red trending level and a of this green
- 20:01Speaker 2: trending level, So consolidation in a symmetrical triangle pattern. These
- 20:06Speaker 2: symmetric triangle patterns normally and we say roughly about seventy
- 20:09Speaker 2: percent of the time, so more than two out of
- 20:12Speaker 2: three times. If you're bullish heading into this type of pattern,
- 20:15Speaker 2: you're more than likely going to head bullish outside of it.
- 20:18Speaker 2: The simplicity here, I'm really gonna go back to this
- 20:20Speaker 2: this level right here, you would take this opening, you'd
- 20:23Speaker 2: move it over to a breakout spot. You would say
- 20:26Speaker 2: XRP based off this analysis, should be heading towards four
- 20:29Speaker 2: dollars and fifty five cents, right this is the more
- 20:32Speaker 2: conservative level when we eventually get a breakout and assuming
- 20:36Speaker 2: that breakouts to the upside. But there's good reason to
- 20:38Speaker 2: assume that. But what's even more bullish again consolidating Zoom
- 20:42Speaker 2: out before you freak out. Why is XRP consolidating so long?
- 20:45Speaker 2: It's because it had such a massive blast off in
- 20:49Speaker 2: November up until January of this year's ever since Donald
- 20:53Speaker 2: Trump was announced as the President of the United States,
- 20:56Speaker 2: even before he was inaugurated. When he was announced, we
- 20:59Speaker 2: have expled loaded. Nothing is been outpacing XRP except for
- 21:03Speaker 2: maybe bitcoin. And this is a very positive sign. But
- 21:07Speaker 2: what some people are gonna take a look at here
- 21:08Speaker 2: and say, this is one of my predictions for their
- 21:10Speaker 2: bull market top. If you take a flagpole like this
- 21:13Speaker 2: and attach it to a pennant or a cemeentric triangle
- 21:17Speaker 2: pattern and move it to the breakout, this would predict
- 21:19Speaker 2: the XARP. I think a little bit ago. I'll have
- 21:21Speaker 2: to evaluate this, but twelve dollars what I had earlier,
- 21:24Speaker 2: right now it's telling me closer towards fifteen. I have
- 21:26Speaker 2: to play with this, and I don't think I'm drawing
- 21:27Speaker 2: the line correctly, But north of ten dollars for XRP,
- 21:31Speaker 2: I have that as my level. I think that a
- 21:34Speaker 2: realistic price prediction for XRP is gonna be somewhere in
- 21:37Speaker 2: the realm of just over ten, probably eleven to twelve dollars.
- 21:40Speaker 2: But I do have a hey, if the stars keep
- 21:42Speaker 2: aligning an XRP does well, don't sleep on a sixteen
- 21:46Speaker 2: dollars price prediction for XRP. This is a consolidation after
- 21:51Speaker 2: a major, major rally. A lot of times that just
- 21:54Speaker 2: means this whole tool it's gearing up, it's getting ready
- 21:58Speaker 2: for the next big move and that x big move
- 22:00Speaker 2: and low end four fifty, high end north of ten dollars.
- 22:04Speaker 2: The A lot of extrap fans are gonna like to
- 22:05Speaker 2: hear that, But this news is gonna be very good
- 22:07Speaker 2: for it. Trump endorse it pretty much on True Social
- 22:10Speaker 2: the other day. They have very big news for it.
- 22:12Speaker 2: I wouldn't sleep on XRP.
- 22:14Speaker 1: Yeah, And there's just so many things that you know,
- 22:15Speaker 1: we've been reporting on here recently in terms of the
- 22:18Speaker 1: XRP news that have been coming out Europe, what we've
- 22:20Speaker 1: seen on the payment rails. Also, we're going to most
- 22:23Speaker 1: likely see in terms of maybe a blockchain selection even
- 22:27Speaker 1: inside the US government. So lot and brewing for Ripple.
- 22:30Speaker 1: Let's go over to Doze because this is one that
- 22:33Speaker 1: you know, is kind of correlated to what Elon is
- 22:35Speaker 1: doing with the government efficiency program. But yet at the
- 22:41Speaker 1: same time, we haven't seen Doze really launching itself. And
- 22:45Speaker 1: if you look at the polymarket right here, this is
- 22:47Speaker 1: a doe GTF approved in twenty twenty five, people still
- 22:50Speaker 1: putting this at a high relation ship for a possibility.
- 22:53Speaker 1: Why have we not seen doge move a little bit better?
- 22:57Speaker 1: Especially with Doze, you know kind of connected to this
- 23:01Speaker 1: in reality. Even Elon mentioned this the other day, is
- 23:04Speaker 1: that Doge the Department of Government Efficiency is a meme
- 23:08Speaker 1: in itself, and it was all built off of the token.
- 23:12Speaker 2: Yeah, we're talking about one of the most intelligent humans
- 23:16Speaker 2: on the planet who's gone silent on crypto after being
- 23:19Speaker 2: pretty vocal on it in the past. Yeah. I don't
- 23:21Speaker 2: think that that's an accident. I'm not ready to say
- 23:24Speaker 2: that he's given up on Doge. In fact, I think
- 23:26Speaker 2: he still holds Doge very close to his heart. We're
- 23:27Speaker 2: talking about Doge the crypto, not Doge the government department.
- 23:31Speaker 2: But he understands that when he speaks and when he
- 23:34Speaker 2: does things, it has massive implications. Sure, well, you can't
- 23:39Speaker 2: blame a person for being self aware and understanding that
- 23:42Speaker 2: and knowing he needs to be careful what he says
- 23:45Speaker 2: when he says it, but also when he's good and ready,
- 23:48Speaker 2: he full well knows that if he tweets a picture
- 23:52Speaker 2: of the Doge dog tomorrow that this price will skyrocket.
- 23:55Speaker 2: He has that kind of a power. What I'm looking
- 23:58Speaker 2: at is in way, and I tell people all the time,
- 24:01Speaker 2: when you look at the charts, the charts don't tell
- 24:04Speaker 2: you as much when, as they tell you what the
- 24:07Speaker 2: news tells you when. So I can't tell you when.
- 24:10Speaker 2: But I still believe that Doge is going above a dollar.
- 24:12Speaker 2: But in the short term we're developing another consolidation on
- 24:15Speaker 2: a very bullish pattern. And some people want to say, Tim,
- 24:17Speaker 2: this is not a bullish pattern whatsoever. That's a lot
- 24:20Speaker 2: of downward action since these highs in December. Doze is
- 24:23Speaker 2: down from those highs right now, still fifty percent. But
- 24:27Speaker 2: what the pattern is? Anyone who knows technical analysis knows
- 24:31Speaker 2: this constriction with lower highs and lower lows but coming
- 24:33Speaker 2: close together is called a falling wedge pattern. And if
- 24:37Speaker 2: this ends up playing out in the very bare minimum,
- 24:40Speaker 2: we should see dose pop when breaking resistance and come
- 24:43Speaker 2: back up here towards thirty six cents. I know that's
- 24:45Speaker 2: not a new high or anything, but it is something
- 24:47Speaker 2: to be aware of. And then this is just one
- 24:51Speaker 2: you look at these patterns before. Can we have another
- 24:53Speaker 2: run like we had there in twenty many four. This
- 24:56Speaker 2: wasn't a wedge, but this was a descending channel, a
- 24:58Speaker 2: very barreesss channel, all right, a very bullish channel. But
- 25:01Speaker 2: going to the downside, we popped up way above expectation
- 25:05Speaker 2: there as well. Could we see potentially, could we see
- 25:08Speaker 2: a similar looking position here as well, and watch Doze
- 25:12Speaker 2: shoot up here to a dollar based off of the
- 25:15Speaker 2: same momentum we just had in November happening after this
- 25:18Speaker 2: fallback consolidation as well. That's not solid technical analysis there,
- 25:22Speaker 2: So don't take that and say that, oh, Tim just
- 25:23Speaker 2: said the ta is showing that we're going to a dollar. No,
- 25:26Speaker 2: the ta is showing thirty six cents. But what I'm
- 25:28Speaker 2: talking about is momentum. Could could something happen soon that
- 25:33Speaker 2: that causes momentum to go back to the upside. The
- 25:35Speaker 2: last thing I'll say that doesn't have to do with
- 25:37Speaker 2: chart as well, though, is I'm not a doge holder.
- 25:39Speaker 2: I like Dose. If anyone would tell own dose, I'm like,
- 25:41Speaker 2: hey that I understand why you hold it, but someone
- 25:44Speaker 2: wants to put it in a very good light to me.
- 25:47Speaker 2: Doge Coin, for a lot of people was their first crypto,
- 25:50Speaker 2: their favorite crypto. I think retail investors who lost a
- 25:54Speaker 2: lot of money in twenty twenty two have left, and
- 25:57Speaker 2: they're gonna start coming back when good crypto announced start
- 26:00Speaker 2: coming when the quantitative easing happens, when regulatory clarity comes in.
- 26:07Speaker 2: All these people that knew crypto from twenty twenty one
- 26:10Speaker 2: to twenty two, they're going to come back and they're
- 26:12Speaker 2: going to start asking questions wanting to buy coins that
- 26:14Speaker 2: they held back then. So I love the suies and
- 26:17Speaker 2: on those things, but these retail measures won't know anything
- 26:19Speaker 2: about these new bottoms. They will remember the past, and
- 26:22Speaker 2: dogecoin was one of the favorites in the past. Watch
- 26:25Speaker 2: it become an OG's favorite once again. When crypto starts
- 26:29Speaker 2: getting some legs again.
- 26:30Speaker 1: Yeah, well, I think you have that one. You have
- 26:32Speaker 1: Cardono also, I know that's one of your favorite tokens
- 26:35Speaker 1: that also kind of has that OG capacity there. Maybe
- 26:38Speaker 1: drawing in back some of the recent retail Let's talk
- 26:41Speaker 1: about Avalanche real quick. Avalanche continues their antics on social
- 26:44Speaker 1: media as now they have the Pong version. Point is
- 26:49Speaker 1: is they're just trying to get attention. It's a funny
- 26:52Speaker 1: way to play it out, but the point being, if
- 26:54Speaker 1: you look at Avalanche right now, still a very strong chain,
- 26:58Speaker 1: but we haven't seen a lot of movement within it
- 27:00Speaker 1: over the last almost sixty days now, So what is
- 27:03Speaker 1: your opinion and prediction for Avalanche?
- 27:07Speaker 2: Yeah, so I've had to update this one. I'm actually
- 27:11Speaker 2: very sad that I had the update. I at one
- 27:13Speaker 2: point during all of momentum, I really based off where
- 27:15Speaker 2: I thought market could get. I thought that AVAX would
- 27:18Speaker 2: be like a safe two hundred dollars maybe potentially four
- 27:21Speaker 2: hundred dollars play. I'm really now looking at this chart
- 27:25Speaker 2: and saying I still believe in it for fundamental reasons,
- 27:27Speaker 2: Like Avax is still very strong. Fundamentally, they still have partnerships,
- 27:31Speaker 2: they still have relationships, but the momentum just is not there.
- 27:34Speaker 2: You're not seeing the same thing. And I can't remember
- 27:37Speaker 2: if I said this on the last time I was
- 27:38Speaker 2: on your channel, but something really big for me the
- 27:41Speaker 2: monitoring a lot of cryptos is I'm asking the question,
- 27:44Speaker 2: did we set a new high or high in this
- 27:46Speaker 2: cycle in December than March. Like we all know there
- 27:50Speaker 2: was a big momentum that came in October twenty twenty
- 27:52Speaker 2: three when the bitcoin ets started getting talked about. We
- 27:55Speaker 2: all knew there was a big momentum for almost every
- 27:57Speaker 2: single crypto out there. That was the That was the
- 28:00Speaker 2: first big wave of the bull market. The second one
- 28:02Speaker 2: was Donald Trump winning the presidency. But notice on Avax,
- 28:06Speaker 2: it's so much smaller and set a lower high. You
- 28:10Speaker 2: look at other projects in the real world, asset space,
- 28:14Speaker 2: chain link, higher high car. I mean this isn't real
- 28:17Speaker 2: ass but cardono higher high Ono higher high, Suye higher high. Right,
- 28:23Speaker 2: Avax did not put in that higher high and put
- 28:25Speaker 2: in a lower high. And then you take a look
- 28:27Speaker 2: at that, and I'm not even gonna compair to the
- 28:28Speaker 2: highs of the cycle. Just from the highs of December.
- 28:31Speaker 2: It's down pretty dramatically, down fifty five percent. And there's
- 28:34Speaker 2: two ways to look at this and say, hey, I'm
- 28:35Speaker 2: gonna get AVAX on a deal right now, buying it
- 28:38Speaker 2: twenty five dollars twenty four dollars, down fifty five percent.
- 28:41Speaker 2: But I do think you have to start asking the
- 28:43Speaker 2: question is the momentum of AVAX slowing down? Is it
- 28:47Speaker 2: as good of a bide as maybe a chain link
- 28:49Speaker 2: or a siuie or an on. Do I still think
- 28:52Speaker 2: that one hundred dollars is doable? I still think this
- 28:54Speaker 2: is a coin that can get up towards one hundred dollars.
- 28:57Speaker 2: Obviously the token umers with different people. And to say, Tim,
- 28:59Speaker 2: don't you think get to a new all time high
- 29:01Speaker 2: it can, but remember the tokenomics have evolved. Supply was
- 29:05Speaker 2: not the same back in December of twenty one. It
- 29:07Speaker 2: day is now one hundred dollars to me is a
- 29:09Speaker 2: realistic target. And I'm sitting here saying two hundred used
- 29:13Speaker 2: to be my kind of low end realistic two one
- 29:16Speaker 2: hundred to me would be in a fantastic bullmarket for
- 29:18Speaker 2: abex here. And now that's still you know, over you know,
- 29:21Speaker 2: a little bit less than a two x from year,
- 29:23Speaker 2: a ten x from year, but still a good return
- 29:25Speaker 2: for a coin that as you even said, it's it's
- 29:28Speaker 2: been disappointing over the last couple of months.
- 29:31Speaker 1: Yeah, I think that this is the one factor we
- 29:33Speaker 1: got to continue to watch on AVAX, because I do
- 29:35Speaker 1: see a lot of investors now starting to try to
- 29:38Speaker 1: mitigate and or maybe get into more of a portfolio
- 29:42Speaker 1: balance because in many cases people have been you know,
- 29:45Speaker 1: maybe over over indexing a little bit on Avalanche. Let's
- 29:50Speaker 1: talk about Polygon, because you've got a lot of activity
- 29:52Speaker 1: happening out here. You Bruno talking about this on Remark
- 29:55Speaker 1: Remark of course over but one of the things he
- 29:57Speaker 1: said was relaunching Remark on its products, products and games
- 30:01Speaker 1: on base instead of Polygon was his absolute worst choice.
- 30:06Speaker 1: When he made that, it was still you know remark.
- 30:08Speaker 1: And then you have this one right here, and this
- 30:11Speaker 1: is potentially wild card migrating over to eth again. So
- 30:17Speaker 1: you're getting numbers and you know, thoughts of how and
- 30:20Speaker 1: what to do on Polygon as a chain from a
- 30:23Speaker 1: developer standpoint. When you look at the chart, do you
- 30:27Speaker 1: like Polygon as an investment right now? When you look
- 30:30Speaker 1: at the.
- 30:30Speaker 2: Chart, Yeah, let's let's answer that in two different ways
- 30:34Speaker 2: from the chart perspective. So I'm looking here, let me
- 30:39Speaker 2: make sure this is good. Yeah, okay, this is good. Yeah,
- 30:42Speaker 2: They've definitely messed with things a little bit. This is
- 30:45Speaker 2: this is obviously I'm looking at Matik here. Stay with me, everybody.
- 30:48Speaker 2: I know they changed the Polygon, but this is how
- 30:50Speaker 2: you see the majority of the previous price action. If
- 30:52Speaker 2: you look at the Polygon chart or the polychart, you
- 30:55Speaker 2: get not that much information. But even back here, we
- 30:58Speaker 2: are just getting brutalized with these lower highs the entire time.
- 31:03Speaker 2: It's almost like the Polygon or Matic bear market is
- 31:06Speaker 2: not over yet. We just put in a new lower
- 31:09Speaker 2: low the other day, right, Polygon went to the lowest
- 31:12Speaker 2: price it has been at least since way back in
- 31:15Speaker 2: twenty twenty one. It came all the way down here
- 31:17Speaker 2: to twenty seven cents. So what this means is, if
- 31:20Speaker 2: you're a risk taker, you're not gonna get a lot
- 31:23Speaker 2: better of a price action to shoot to the upside.
- 31:25Speaker 2: Even if we just come back up to this trend line,
- 31:27Speaker 2: come back up towards sixty six cents, that's not a
- 31:29Speaker 2: terrible return here at thirty cents. You know, you definitely
- 31:32Speaker 2: can double your money on a trade there. But I'm
- 31:34Speaker 2: not gonna necessarily put a whole lot of evidence in there.
- 31:38Speaker 2: I gave up on Polygon, not definitely, not one of
- 31:42Speaker 2: these peaks. Probably one of these valleys here, probably October
- 31:44Speaker 2: twenty three. Base has been killing it. You look at
- 31:48Speaker 2: other things though, Arbitrum and Optimism, two other layer twos
- 31:52Speaker 2: on ethereum, they were outpacing Polygon and doing some things
- 31:56Speaker 2: they're not doing well either. I'll tell you this, Paul,
- 31:58Speaker 2: I've I've kind of a specially because of Base. And
- 32:01Speaker 2: I know this tweet that you just read, the guy
- 32:02Speaker 2: said he regrets it. But everything else that Base is
- 32:05Speaker 2: doing making it easier to layer on ethereum, I think
- 32:08Speaker 2: the Layer twos on Ethereum, the coins, I think they've
- 32:12Speaker 2: lost their steam. I think they've lost their purpose. I'm
- 32:14Speaker 2: not saying they'll go away, but but if you're gonna,
- 32:16Speaker 2: if you think you're gonna make a lot of money
- 32:17Speaker 2: on them, I don't think so. I gave up on
- 32:19Speaker 2: e Player twos a year and some change ago, and
- 32:22Speaker 2: the charts again. An aggressive person's gonna say, man, I
- 32:25Speaker 2: can buy this and get a quick, easy pump. I'm
- 32:27Speaker 2: looking at it and saying no. The fact that we're
- 32:29Speaker 2: just now hitting our all time lows is a sign
- 32:33Speaker 2: of a coin that's on its way out, not on
- 32:35Speaker 2: the way back.
- 32:36Speaker 1: All right, Tim, this is good. I think as we
- 32:39Speaker 1: get more into the market, would you put yourself right
- 32:41Speaker 1: now fully bullish? Are you still investing in Is it
- 32:44Speaker 1: any tokens that we didn't talk about today that you're
- 32:46Speaker 1: saying I might go make a trade on something because
- 32:50Speaker 1: I am bullish on where this this project is going.
- 32:54Speaker 2: Okay, got yeah, So I'm very bullish. I'm very bullish
- 32:57Speaker 2: right now based off how the sentiment of the space
- 32:59Speaker 2: is the way things are moving. So what I'm doing
- 33:03Speaker 2: now as a trader, I am trading bitcoin. I love
- 33:05Speaker 2: the bitcoin chart. It's as much as people are frustrated
- 33:08Speaker 2: with it. The bitcoin chart has been very easy to
- 33:11Speaker 2: read for longs and shorts. So right now is a
- 33:13Speaker 2: trader's dream. But I've decided, because all coins are kind
- 33:16Speaker 2: of being chaotic, I'm not trading all coins. I'm buying
- 33:19Speaker 2: all coin dips and I'm trading bitcoin right now.
- 33:22Speaker 1: All right, Tim, it's good seeing you. Thanks again for
- 33:24Speaker 1: stopping in today. We'll definitely get you back on soon.
- 33:26Speaker 1: And the market looks like it's going to start heating
- 33:28Speaker 1: up hopefully soon and we'll start to see some movements.
- 33:31Speaker 1: So good luck to you out there. And again, everybody
- 33:34Speaker 1: check out Investing Bros over on YouTube and Tim Show.
- 33:37Speaker 1: We appreciate it.
- 33:39Speaker 2: Awesome. Thanks for having me again.
- 33:40Speaker 1: You bet all right. If you guys are not in
- 33:43Speaker 1: the Diamond circle, get in right now. It's a great
- 33:44Speaker 1: place to get aditional content from us. And we also
- 33:46Speaker 1: have our Telegram group down there which continues to grow,
- 33:50Speaker 1: so you guys are definitely jumping in. You can join.
- 33:53Speaker 1: I'm in there all the time chatting with you. Had
- 33:55Speaker 1: a lot of good questions. Yesterday I was going through
- 33:57Speaker 1: some of the comments, so I'm very active in there.
- 34:00Speaker 1: Check it out below. Of course, you can follow me
- 34:02Speaker 1: on x just at Paul Baron. We'll catch you next
- 34:04Speaker 1: time right here on Techpath