Latest / The Paul Barron Crypto Show / Fed Recovery Pump🚀Technical Analysis w/ Tim Warren

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Fed Recovery Pump🚀Technical Analysis w/ Tim Warren · The Paul Barron Crypto Show

• 0:00
  Speaker 1: All right, so welcome back into the show today. It's
• 0:02
  Speaker 1: gonna be a good one. We're gonna be breaking down
• 0:04
  Speaker 1: the FOMC pump. I think you're gonna want to stick around.
• 0:06
  Speaker 1: My name is Paul Barrow, Welcome back in today. I
• 0:09
  Speaker 1: want to, of course bring in my co host, and
• 0:11
  Speaker 1: that's gonna be mister Tim Warren coming in from the
• 0:14
  Speaker 1: Tim Warren Channel. I'm holding this now new branding new.
• 0:18
  Speaker 1: I mean you're looking good over here, Tim, What is
• 0:20
  Speaker 1: going on? Tell me about this? What's the move?
• 0:23
  Speaker 2: Yeah? Ultimately it was just a brand change for professionalism.
• 0:27
  Speaker 2: I think the number one question people are gonna ask
• 0:29
  Speaker 2: is because people know there's other people as well, T
• 0:31
  Speaker 2: shrum Smee Crux.
• 0:33
  Speaker 3: Yeah.
• 0:33
  Speaker 2: I people are seeing the team split up. No, the
• 0:35
  Speaker 2: business is the same, ownership is the same, the team
• 0:38
  Speaker 2: is the same. But that bro's name. It made us
• 0:42
  Speaker 2: sound like degenerate frat boy gamblers, and that's not who
• 0:46
  Speaker 2: we are. Like, we are responsible, we're picking top coins
• 0:49
  Speaker 2: and so personal brands do well. I mean, heck, Paul
• 0:53
  Speaker 2: Baron network personal brand right there. So you take just
• 0:56
  Speaker 2: a little play out of your playbook, got a little
• 0:58
  Speaker 2: more professional. I likely good growth.
• 1:01
  Speaker 1: That you're just gonna win now. That just means winning
• 1:03
  Speaker 1: for Tim Warren. All right, Tim, we got to get
• 1:06
  Speaker 1: into a few points. I want to jump on on
• 1:08
  Speaker 1: this first tweet right here. Summary of Chair Palell's comments.
• 1:11
  Speaker 1: Current policy stance well positioned means f you, guys, we're
• 1:16
  Speaker 1: not changing rates. Moderation of growth reflects slow down in
• 1:20
  Speaker 1: consumer spending. Maybe a little bit of housing sector remains weak.
• 1:25
  Speaker 1: That I agree with because there's nobody taking out loans
• 1:27
  Speaker 1: with you know, interest rates where they are right now.
• 1:30
  Speaker 1: Terrors pushing up prices in some goods right now. We
• 1:33
  Speaker 1: haven't seen this system wide, so they're pretty much in
• 1:37
  Speaker 1: a position right now where it appears that we may
• 1:39
  Speaker 1: not get a rate cut.
• 1:41
  Speaker 2: What's your theory?
• 1:42
  Speaker 1: Do you feel like we get a rate cut this
• 1:45
  Speaker 1: year at all? Or are you looking at September?
• 1:48
  Speaker 2: You know, up until yesterday, I would say we were
• 1:52
  Speaker 2: probably getting at least two yesterday, even though I wasn't
• 1:56
  Speaker 2: expecting a rate cut in that FMC meeting, I actually
• 1:59
  Speaker 2: was low key expecting him to be a little bit
• 2:02
  Speaker 2: more douvish. I he kind of sidesteps some of the
• 2:05
  Speaker 2: questions about for the first time in quite some time,
• 2:08
  Speaker 2: there were two dissenters, right, So we had two FED
• 2:10
  Speaker 2: members who voted for a rate cut, and he was
• 2:12
  Speaker 2: just kind of like, oh, they got to give their opinion.
• 2:14
  Speaker 2: It was a great opinion, great meeting. We're not cutting rates.
• 2:17
  Speaker 2: In that response, the SeeMe futures site that I love
• 2:20
  Speaker 2: following for predictions, which had been predicting a September cut
• 2:23
  Speaker 2: for months. Now, all of a sudden, now we're seeing
• 2:26
  Speaker 2: sixty percent likelihood we stay paused in September. He also
• 2:30
  Speaker 2: mentioned in the meeting we have two more rounds of
• 2:32
  Speaker 2: unemployment and inflation numbers. One of the numbers he loves
• 2:36
  Speaker 2: looking at he's talked about is the PCE that came
• 2:39
  Speaker 2: out this morning. We'll have another one before the meeting,
• 2:41
  Speaker 2: but it came in hot. It was supposed to be
• 2:43
  Speaker 2: two point five percent. It came out two point six percent.
• 2:46
  Speaker 2: So I'm not giving up hope on multiple cuts. But
• 2:49
  Speaker 2: at this point, if you told me Tim, make a
• 2:51
  Speaker 2: bet about how many cuts are coming. Unless your own
• 2:54
  Speaker 2: POW is stepping down earlier for some reason gets relieved
• 2:56
  Speaker 2: of his duties, we might only see one before the
• 2:59
  Speaker 2: end of the year, and even that might be bullish
• 3:02
  Speaker 2: because we might get zero.
• 3:03
  Speaker 1: Yeah, President Trump is not letting up. I mean, he
• 3:07
  Speaker 1: is basically just saying it is this guy has gotta go,
• 3:11
  Speaker 1: and maybe in fact we'll see some movement there. Another
• 3:16
  Speaker 1: point to yours, and that is PC inflation up to
• 3:20
  Speaker 1: six from two five PC inflation corps rising to two
• 3:25
  Speaker 1: point eight from two point seven. So this is kind
• 3:27
  Speaker 1: of playing into Pal's playbook that he thinks this is
• 3:31
  Speaker 1: a situation that's going to have to be addressed. I
• 3:33
  Speaker 1: want to play a clip here because this is actually
• 3:35
  Speaker 1: Jim Bianco stating that this is not going to get
• 3:39
  Speaker 1: a free money pass maybe this year. Take a look.
• 3:43
  Speaker 3: This is not the twenty nineteen economy. I know Chairman
• 3:46
  Speaker 3: Paul likes to say that we see broad signs that
• 3:48
  Speaker 3: you kind of normalizing or returning to pre pandemic levels.
• 3:51
  Speaker 3: That's another cycle. We're in a different cycle right now,
• 3:53
  Speaker 3: and this is a cycle of elevated inflation. I think
• 3:57
  Speaker 3: that the inflation rate's going to run around three percent.
• 3:59
  Speaker 3: Maybe is high, but I like to caution that I
• 4:02
  Speaker 3: did not say eight ten or Zimbabwe inflation. And with
• 4:05
  Speaker 3: that type of level of inflation, and that's largely what
• 4:07
  Speaker 3: we've seen, we've averaged over four percent in the last
• 4:10
  Speaker 3: five years on the inflation rate, that the appropriate level
• 4:13
  Speaker 3: for the funds rate is about where it is now,
• 4:15
  Speaker 3: and the Fed should not be talking about cutting rates
• 4:19
  Speaker 3: when you've got all time highs in the stock market,
• 4:21
  Speaker 3: in housing, in crypto, all.
• 4:24
  Speaker 2: The way down the line.
• 4:25
  Speaker 3: I don't know what problem they're trying to solve that
• 4:28
  Speaker 3: they think that they need to give us easier money.
• 4:31
  Speaker 1: All right, So my only argument with that would be
• 4:33
  Speaker 1: the problem they're trying to solve is not to spiral
• 4:36
  Speaker 1: into joblessness. If we do see inflation rising, it's going
• 4:41
  Speaker 1: to put some pressure on consumers. That means it's a
• 4:44
  Speaker 1: pressure cooker on businesses, which usually ends up on the
• 4:47
  Speaker 1: job side. So it's the question is is do you
• 4:50
  Speaker 1: get ahead of this or do you end up in
• 4:51
  Speaker 1: this stagflation where you've got falling jobs and rising inflation
• 4:58
  Speaker 1: all at the same time. That may play well into
• 5:02
  Speaker 1: crypto though. When we take a look at ETH right now,
• 5:05
  Speaker 1: currently crypto corporate crypto treasury holdings are up at one
• 5:09
  Speaker 1: hundred billion. This is a lot of acceleration on acquiring ETH.
• 5:13
  Speaker 1: In general, tim when you look at ETH right now,
• 5:17
  Speaker 1: it kind of bounds back.
• 5:18
  Speaker 2: A little bit.
• 5:18
  Speaker 1: We just saw the little bit of a dip yesterday,
• 5:20
  Speaker 1: and we're back above thirty eight hundred. Where do you
• 5:22
  Speaker 1: see ethereum right now heading into say August.
• 5:27
  Speaker 2: Well, ultimately, what you have going on with Eth is
• 5:29
  Speaker 2: more of a holding pattern Soth is holding up better
• 5:33
  Speaker 2: than the rest of the crypto space. I'll just kind
• 5:35
  Speaker 2: of flash through some other charts. This is the ETH
• 5:37
  Speaker 2: over US D chart. You can see a lot of
• 5:40
  Speaker 2: just solid sideways consolidation. Take a look at XRP. I'm
• 5:44
  Speaker 2: sure we're gonna come back and look at this one.
• 5:45
  Speaker 2: You can see from the recent highs we've come down.
• 5:47
  Speaker 2: Look at Solana we've come down. Look at Shane Link
• 5:50
  Speaker 2: we've come down. Look at Onto, we've come down. Bitcoin,
• 5:53
  Speaker 2: you know, consolidating. But when you compare Bitcoin's consolidating downwards,
• 5:58
  Speaker 2: Eth is consolidating up. So Eth right now the most
• 6:02
  Speaker 2: bullish all coin out there. I mean, you probably can
• 6:04
  Speaker 2: find a small cap and say, oh, it's doing better
• 6:06
  Speaker 2: than Eth. But when you're looking at the big boys,
• 6:09
  Speaker 2: when you're looking at the blue chips, even including Bitcoin,
• 6:11
  Speaker 2: eth is holding up the best. You look at things
• 6:14
  Speaker 2: like Bitcoin dominance that's been falling, it's consolidating, right now
• 6:17
  Speaker 2: there's a chance we drop even lower, which could bring
• 6:19
  Speaker 2: all coin season. But take a look when I type
• 6:22
  Speaker 2: in eth dot D. While Bitcoin dominance is falling and
• 6:26
  Speaker 2: all coins are stalling out, eth dominance is still trending
• 6:29
  Speaker 2: upwards even throughout all of this chaos. So you're looking
• 6:32
  Speaker 2: at a place right now. Months ago we would have
• 6:34
  Speaker 2: said the best place in crypto to just leave your
• 6:36
  Speaker 2: money and sit if you don't like the US dollar,
• 6:38
  Speaker 2: if you didn't want to hold a stable coin, the
• 6:40
  Speaker 2: best place was Bitcoin right now, the best place to
• 6:43
  Speaker 2: leave your money if you're just not certain what to
• 6:45
  Speaker 2: do with it. It's ethereum u. There is some signs,
• 6:48
  Speaker 2: I will say, in a bull market, these things can
• 6:51
  Speaker 2: be ignored. So don't take what I'm about to say
• 6:53
  Speaker 2: and say, oh, Tim's predicting perfectly. We have to drop
• 6:57
  Speaker 2: this far. But we did hit a level. I mean,
• 6:59
  Speaker 2: I think we talk about last week. We hit the
• 7:00
  Speaker 2: level already of what we projected a big breakout would be.
• 7:04
  Speaker 2: This would be a level of resistance. When you look
• 7:06
  Speaker 2: at the daily chart, we got a pretty gnarly looking
• 7:09
  Speaker 2: bubble formed on this daily You can already see the
• 7:12
  Speaker 2: bearish divergence has come in red reversal gray dots are
• 7:15
  Speaker 2: coming in this money flow with the bright red. It
• 7:18
  Speaker 2: concerns me a little. I guess the best way to
• 7:20
  Speaker 2: put it, I'm not selling my ethereum, but I'm also
• 7:23
  Speaker 2: not adding to my ethereum bags. Right this second, with
• 7:26
  Speaker 2: this bubble like this, there is an absolute chance that
• 7:29
  Speaker 2: that bubble pops and you can see the macd has
• 7:31
  Speaker 2: crossed bearish again for the first time since way back here.
• 7:35
  Speaker 2: We have to go back. Ultimately, you could go back
• 7:37
  Speaker 2: to here in June, but realistically we're talking about way
• 7:41
  Speaker 2: back here over in May that had a little correction
• 7:44
  Speaker 2: to it. If this corrects, place that I would be
• 7:47
  Speaker 2: watching would be the Daily Smart Show right now, and
• 7:49
  Speaker 2: that's coming in closer to thirty four hundred dollars. Like
• 7:52
  Speaker 2: I said, though this is a bull market. In bull markets,
• 7:55
  Speaker 2: it is not unheard of for bear signals like this
• 7:58
  Speaker 2: to be ignored and will just buy the dip. It
• 8:00
  Speaker 2: will still come down to the simplicity of do more
• 8:04
  Speaker 2: people buy than people selling? And at the moment, if
• 8:07
  Speaker 2: nothing changes, people do need to be aware. If eth
• 8:10
  Speaker 2: starts to drop, I would have some bio orders in
• 8:13
  Speaker 2: there on thirty four hundred maybe a little above that spot,
• 8:16
  Speaker 2: because that would be the retest where I think whales
• 8:18
  Speaker 2: would be more comfortable accumulating more.
• 8:20
  Speaker 1: We're building some interesting portfolios here on the show. We've
• 8:24
  Speaker 1: got Evan's going to be building an all coin portfolio.
• 8:27
  Speaker 1: I'm looking at your group of five. This, of course,
• 8:30
  Speaker 1: is in reference to the all coins listed in the
• 8:32
  Speaker 1: Crypto Digital Assets Report coming out. First of all, list
• 8:36
  Speaker 1: the five that you are now holding for this very purpose.
• 8:41
  Speaker 2: Well, to be fair, these aren't the only five I'm holding.
• 8:43
  Speaker 2: I just released a video the other day with my
• 8:46
  Speaker 2: top ten all coins, just personally, even before the Digital
• 8:50
  Speaker 2: Asset Report came out yesterday. The five you're referencing that tweet.
• 8:54
  Speaker 2: I actually if people are watching this video, if you
• 8:56
  Speaker 2: go over to my channel, I just made a whole
• 8:57
  Speaker 2: video about these five. Three of them I held pretty heavily.
• 9:01
  Speaker 2: One of them I had a little bit, and then
• 9:03
  Speaker 2: I need to add to that bag more. And then
• 9:05
  Speaker 2: one of them I had to buy for the first
• 9:06
  Speaker 2: time today. And specifically, you're gonna see a lot of
• 9:09
  Speaker 2: things on the internet today about what is in the
• 9:11
  Speaker 2: Digital Asset Report and what isn't. What I'm kind of
• 9:14
  Speaker 2: specifying right here is what coins are actually mentioned in
• 9:18
  Speaker 2: the report, not put somewhere into footnotes for side reading.
• 9:22
  Speaker 2: What is actually mentioned by the Digital Asset report, And
• 9:25
  Speaker 2: there's only five ault coins. Number one Ethereum I think
• 9:27
  Speaker 2: I saw somewhere is mentioned like thirty eight times or
• 9:30
  Speaker 2: somewhere around that number. Very important. Chain Link people are
• 9:33
  Speaker 2: raving all the Internet now about chain link spot on there.
• 9:36
  Speaker 2: Onto of course is on their UNISWAP is on there right.
• 9:40
  Speaker 2: So that's the one I own a little bit of
• 9:41
  Speaker 2: I need to add to my bags after seeing that
• 9:43
  Speaker 2: on the report. But the fifth and final one that
• 9:45
  Speaker 2: I don't own a single coin of, but now I
• 9:48
  Speaker 2: actually just had to buy some after making my video
• 9:50
  Speaker 2: is Plume. I'd heard of Plume. In fact, one of
• 9:54
  Speaker 2: our sister channels, we started a side channel called Alpha
• 9:56
  Speaker 2: Bros now called Crux of Crypto. Three months ago he
• 9:59
  Speaker 2: made a video on the top five real old asset
• 10:01
  Speaker 2: plays and Plume was his sneaker small cap pick. I
• 10:05
  Speaker 2: saw it, I was like, cool, but I'm not a
• 10:07
  Speaker 2: small cap guy. But now that I'm seeing this talked
• 10:10
  Speaker 2: about in a government document, and the fact that of
• 10:13
  Speaker 2: all the all coins they could have mentioned, they only
• 10:15
  Speaker 2: mentioned five and somehow Plume made that top five made
• 10:19
  Speaker 2: the cut. Yeah, we're talking about a market cap of
• 10:21
  Speaker 2: less than two hundred million dollars. Let's pretend it only
• 10:25
  Speaker 2: makes it to ten billion, which is not that hard
• 10:27
  Speaker 2: to do. That's a fifty x. So Plume to me
• 10:32
  Speaker 2: is one of my new hot picks small cap plays,
• 10:35
  Speaker 2: if you would. There's my djen picking that You're not
• 10:37
  Speaker 2: gonna get a lot of dgen picks from Tim, But
• 10:39
  Speaker 2: after that report, Plume is my DGEN pick.
• 10:42
  Speaker 1: Well, you look at chain Link obviously, Serge, we've had
• 10:45
  Speaker 1: him on the channel before and he's kind of hitting
• 10:47
  Speaker 1: on a lot of points here around what's happening. Obviously,
• 10:51
  Speaker 1: stable coin issuery is now adopting chain Link. So let's
• 10:54
  Speaker 1: go head to head first with Solana, okay, and charting
• 11:00
  Speaker 1: chain Link versus Solana. What would you do today if
• 11:03
  Speaker 1: you could only choose one token?
• 11:06
  Speaker 2: Yeah, well, you know, I know we're talking about doing
• 11:07
  Speaker 2: charts for it, and we can absolutely pull up charts.
• 11:09
  Speaker 2: We can look at some details, but when you get
• 11:11
  Speaker 2: into long term end of bull market price predictions, charts
• 11:15
  Speaker 2: are not gonna tell you the full stories. You're gonna
• 11:17
  Speaker 2: have to do a light bit of speculation. Here's gonna
• 11:20
  Speaker 2: be the ultimate play. When it comes to Solana chain Link,
• 11:23
  Speaker 2: I'm gonna go with shaane Link. You tell me, Tim,
• 11:25
  Speaker 2: you get a one thousand dollars, you can only put into
• 11:27
  Speaker 2: one of these, which you put into chain Link or Solana.
• 11:30
  Speaker 2: I'm gonna choose chain Link. That does not mean Solona
• 11:33
  Speaker 2: is not quality. That does not mean that I think
• 11:35
  Speaker 2: chain Link is a better project than Solana. One of
• 11:37
  Speaker 2: the biggest things to think about when you're looking at
• 11:40
  Speaker 2: long term price prediction value, or more so long term
• 11:44
  Speaker 2: how much money can I make when I invest in it. Right, Nothing,
• 11:47
  Speaker 2: in my opinion, is gonna pass Bitcoin. But that doesn't
• 11:50
  Speaker 2: mean that Bitcoin will make me the most amount of
• 11:52
  Speaker 2: money either. Why because the market cap is already at
• 11:55
  Speaker 2: two point three trillion dollars. Let's just say that Bitcoin,
• 12:00
  Speaker 2: we're to make it to five trillion dollars in this world,
• 12:03
  Speaker 2: I actually think you make a culture to six. But
• 12:05
  Speaker 2: we're talking about less than a three x really left
• 12:08
  Speaker 2: if we make it to five trillion dollars, six trillion dollars.
• 12:12
  Speaker 2: When it comes to other all coins we don't have,
• 12:14
  Speaker 2: we can't get anywhere close to even two trillion and
• 12:16
  Speaker 2: yet you're already talking about five six, seven x for
• 12:18
  Speaker 2: coins like ethereum. Uh So, in this case, market cap
• 12:22
  Speaker 2: is a big, big deal. Where is Solana currently? Solon
• 12:26
  Speaker 2: is it coined number six with a market cap of
• 12:28
  Speaker 2: ninety five point six billion dollars. Let's compare that to
• 12:33
  Speaker 2: chain Link coming in down here. You can see it's
• 12:36
  Speaker 2: below Stellar at twelve point seven. It's above bitcoin cash
• 12:39
  Speaker 2: s one point four. What does that mean? It means
• 12:42
  Speaker 2: if Solana stayed still, chain Link itself just to match
• 12:47
  Speaker 2: Solana at ninety five billion, would just is that an
• 12:51
  Speaker 2: eight x or more, you know, almost a nine x
• 12:54
  Speaker 2: actually when you look at it, that means there's just
• 12:57
  Speaker 2: such greater potential for chain Link to make bigger gains
• 13:01
  Speaker 2: in your investment than Solana. I don't predict chain Link
• 13:04
  Speaker 2: passes Solana in total market cap. I see both these
• 13:08
  Speaker 2: coins having very good market caps. I think Solana is
• 13:10
  Speaker 2: a coin that could easily be over five hundred billion
• 13:13
  Speaker 2: before it's all said and done. I think Link could
• 13:15
  Speaker 2: be well over a two hundred billion, if not pushing
• 13:18
  Speaker 2: to three hundred. But guess what that means. That means
• 13:20
  Speaker 2: if Solana is close to five hundred billion and chain Link.
• 13:23
  Speaker 2: Let's just say the lower end on two hundred billion,
• 13:25
  Speaker 2: chain Link made you more money with that one thousand dollars.
• 13:29
  Speaker 2: So that reason why I look at that market cap.
• 13:31
  Speaker 2: Even though I think Solon is amazing, I think Solana
• 13:33
  Speaker 2: is gonna be great. I think there's more x's behind
• 13:36
  Speaker 2: a chain Link investment than a Solana one.
• 13:38
  Speaker 1: If you go down here on the chart, there is
• 13:41
  Speaker 1: swite holding in right now at around twelve almost thirteen, Bill,
• 13:44
  Speaker 1: and then chan Link right there underneath it around twelve Bill.
• 13:48
  Speaker 1: Let's compare chain Link and swee Network. How would you
• 13:53
  Speaker 1: play this one out?
• 13:55
  Speaker 2: Yeah, so this one's very fair fight, right because you
• 13:58
  Speaker 2: just talked about these market caps are very similar. Yes,
• 14:01
  Speaker 2: this one's harder. I could easily see a world where
• 14:04
  Speaker 2: sue outruns chain Link right now, and I'm the chain
• 14:06
  Speaker 2: Link guy. I love chain Link. I think the long
• 14:08
  Speaker 2: term purpose of chain Link is so important. But I
• 14:11
  Speaker 2: also love Swee I or Suey you know, sewey sweet.
• 14:14
  Speaker 2: However people want to pronounce it. Here's my thing, I
• 14:16
  Speaker 2: tell you all the time, my big three horses. If
• 14:19
  Speaker 2: a beginner said Tim, I know you can't give me
• 14:22
  Speaker 2: financial advice, but give me three coins to buy right now,
• 14:25
  Speaker 2: a little bit of security knowing these coins are important,
• 14:27
  Speaker 2: are gonna make me money, but also can I make good?
• 14:29
  Speaker 2: I don't want to you a big coins of three
• 14:30
  Speaker 2: X that's not gonna make me very much. Can I
• 14:32
  Speaker 2: Can I get at least a ten X left. I'm
• 14:34
  Speaker 2: telling people chain Link, Swie, and Ondo. I have a
• 14:39
  Speaker 2: lot of faith in those three projects being super important
• 14:43
  Speaker 2: in the future, plus having big gains. But let me
• 14:46
  Speaker 2: tell you why I'm gonna even though they're similar in
• 14:48
  Speaker 2: market cap, while I'm gonna give the edge to chain Link,
• 14:50
  Speaker 2: which is coming in just a little below twelve billion
• 14:53
  Speaker 2: suey just a little bit below thirteen billion. It's because
• 14:57
  Speaker 2: of how much I respect Ethereum and Solana and other
• 15:02
  Speaker 2: Layer one solutions that are gonna steal some of the
• 15:05
  Speaker 2: show from Swee. Whereas there is nothing competing with chain
• 15:09
  Speaker 2: Link on a real level to be a the dominant oracle,
• 15:12
  Speaker 2: Chainleak is gonna have their hands in every single cookie jar.
• 15:15
  Speaker 2: They're going to be everywhere. They're super important. Again, They're
• 15:18
  Speaker 2: one of these top five most important coins the government
• 15:21
  Speaker 2: has recently referenced, and so for that reason, it's not
• 15:25
  Speaker 2: an issue with Swede that I'm saying they're not gonna
• 15:28
  Speaker 2: do well because again they're one of my big three.
• 15:30
  Speaker 2: I just am gonna give the edge to chain Link
• 15:32
  Speaker 2: to have more exit in the day. But watch these
• 15:35
  Speaker 2: two be close. I don't think it's gonna be like
• 15:37
  Speaker 2: chain Link does a twenty x and Suie only does
• 15:39
  Speaker 2: a ten X. I could see it being like both
• 15:41
  Speaker 2: of them, around fifteen to twenty x, chain Link just
• 15:44
  Speaker 2: maybe a little bit more.
• 15:46
  Speaker 1: Well, you've got Swee holding it around three seventy five
• 15:49
  Speaker 1: right now after it popped up two what three almost
• 15:51
  Speaker 1: four dollars, So definitely some good opportunities here. If you
• 15:57
  Speaker 1: looked at Swee by itself, though, where would you charge this?
• 16:00
  Speaker 1: Right now?
• 16:01
  Speaker 2: Sue, we had this massive symmetrical triangle pattern back here.
• 16:04
  Speaker 2: Let's get rid of this these lines here just to
• 16:06
  Speaker 2: bring some some confluence here, clean red line, clean green line,
• 16:11
  Speaker 2: raising levels of support all the ways since back here
• 16:14
  Speaker 2: in August twenty twenty four, falling levels of resistance until
• 16:17
  Speaker 2: a recent breakout here July of twenty twenty five. What
• 16:21
  Speaker 2: you do with symmetrical triangle patterns is you take that
• 16:23
  Speaker 2: explosive volatility before before the consolidation starts. What was the
• 16:27
  Speaker 2: level of explosion that happened in price action? All right, now,
• 16:31
  Speaker 2: we've been consolidating really since January. We've been consolidating here.
• 16:35
  Speaker 2: We recently put a new highs or higher highs excuse me,
• 16:38
  Speaker 2: from what we had in May. This would mean you
• 16:41
  Speaker 2: take this breakout from the you take this line of
• 16:43
  Speaker 2: the movement to the breakout line. This gives us suey
• 16:47
  Speaker 2: possibility of over forty dollars per coin, I think from
• 16:52
  Speaker 2: I did a video a couple months ago where I
• 16:54
  Speaker 2: talked about a market cap and I can't remember the
• 16:56
  Speaker 2: detact number I gave, but I said it's not crazy
• 16:59
  Speaker 2: to think a fifty could happen before the end of
• 17:01
  Speaker 2: this bull run. So the technical analysis on the macro
• 17:05
  Speaker 2: actually somewhat supports that with a big explosive move up
• 17:08
  Speaker 2: above forty in a shorter time mine. If I'm daytrading this,
• 17:11
  Speaker 2: I still see some good stuff on the horizon here.
• 17:14
  Speaker 2: For Sweet, we talked about a pullback on our channel
• 17:17
  Speaker 2: for Sweet coming back down. Guess what that daily smart
• 17:20
  Speaker 2: trail we kind of did that. We're retesting that resistance
• 17:22
  Speaker 2: and support. This is a great byspot in my opinion.
• 17:25
  Speaker 2: Then you move out here towards the weekly chart, and
• 17:27
  Speaker 2: there's there's a couple things I'm looking at here. Number one,
• 17:29
  Speaker 2: you're gonna be looking at the smart trail for the
• 17:32
  Speaker 2: weekly chart where we are under a BI signal from
• 17:34
  Speaker 2: way back here on July seventh. That's gonna put us
• 17:37
  Speaker 2: in the range of five ninety two five sixty. This
• 17:40
  Speaker 2: chart's not very old. Otherwise we'd have a red reversal cloud.
• 17:44
  Speaker 2: So if I show you like the daily chart in
• 17:45
  Speaker 2: lux Ago, you can always see there's always a red
• 17:47
  Speaker 2: cloud up top. I would imagine based off of where
• 17:50
  Speaker 2: the smart trail is, that red cloud is gonna be
• 17:52
  Speaker 2: somewhere in this range closer to eight dollars. I think
• 17:55
  Speaker 2: if we get a bullish catalyst here in the next
• 17:58
  Speaker 2: couple of days, next week or two, do not be
• 18:00
  Speaker 2: surprised to see Sweet start to jump explode start here
• 18:05
  Speaker 2: on the five six dollars range. But I could easily
• 18:07
  Speaker 2: see in September or even before September. Don't be surprised
• 18:11
  Speaker 2: if we get a big explosion up closure to eight dollars. Yeah.
• 18:14
  Speaker 1: Okay, so that's one that we're going to have the
• 18:17
  Speaker 1: Suite team on because I do know they've got a
• 18:19
  Speaker 1: lot of announcements that they're going to be making, so
• 18:21
  Speaker 1: that that might be lining up with a very interesting
• 18:24
  Speaker 1: fall for all of this. I also want to compare
• 18:28
  Speaker 1: chain Link to Ave. Ave kind of the DeFi king
• 18:31
  Speaker 1: right now. If you look at Ave just in terms
• 18:33
  Speaker 1: of TV, ou mean this thing has continued to just
• 18:35
  Speaker 1: explode over time. A lot of people utilizing Ave for leverage,
• 18:40
  Speaker 1: you know, with loans, et cetera, that are playing into this.
• 18:43
  Speaker 1: We had standing on the other day, a lot of
• 18:45
  Speaker 1: great points he was making in terms of opportunity. What
• 18:49
  Speaker 1: about chain Link versus Ave?
• 18:52
  Speaker 2: Yeah, I'm gonna go with the same arguments I've made before.
• 18:54
  Speaker 2: Let's go back to market cap. Do I think Ave
• 18:57
  Speaker 2: is going to pass chain Link in total market cap?
• 19:00
  Speaker 3: No?
• 19:00
  Speaker 2: I don't. But again, chain Link is sitting at twelve billion,
• 19:04
  Speaker 2: for lack of better way, it's just below, but let's
• 19:06
  Speaker 2: just call it twelve billion. Ave's sitting at four billion,
• 19:09
  Speaker 2: which means it's a three x away from simply tying
• 19:11
  Speaker 2: chain Link. So I'm gonna give the edge which coin
• 19:14
  Speaker 2: could have higher potential? I gotta give the edge to Ave. Now,
• 19:18
  Speaker 2: I don't know if Ave's as safe a pick as
• 19:20
  Speaker 2: chain Link, right, you don't hear AVE talks about in
• 19:23
  Speaker 2: the same way as chain Link, But I think Aves
• 19:25
  Speaker 2: a great protocol. It's a great coin. I give the
• 19:29
  Speaker 2: edge to it. If you're asking which coin do I
• 19:30
  Speaker 2: think we'll have more x's behind its gains, I'm gonna
• 19:33
  Speaker 2: go AVE over chain Link.
• 19:34
  Speaker 1: Okay, ave over chain Link mainly on the gains opportunity,
• 19:38
  Speaker 1: So there's a I'm on the fence with that one
• 19:41
  Speaker 1: as well. I do like Ave as a comparison right
• 19:44
  Speaker 1: now over chain Link. It's gonna I think the market
• 19:48
  Speaker 1: right now, we're dealing with so many macro issues that
• 19:51
  Speaker 1: are putting a lot of pressure on all coins in general.
• 19:54
  Speaker 1: I think it could be slowing down the eight explosion,
• 19:56
  Speaker 1: which really will create a little bit of jet fuel
• 19:59
  Speaker 1: underneath a lot of these coins. Is there any anticipation
• 20:01
  Speaker 1: for you time wise? Are you feeling that we got
• 20:05
  Speaker 1: to get closer down the line to see if this
• 20:08
  Speaker 1: inflation plays out with Chair Powell, because if inflation starts skyrocketing,
• 20:13
  Speaker 1: you know, digital assets could become a safe haven, you know,
• 20:16
  Speaker 1: in the sense of control. They could also see at
• 20:20
  Speaker 1: least the blue chips. Are you looking toward the end
• 20:23
  Speaker 1: of the year or maybe as early as twenty six.
• 20:26
  Speaker 2: You know, this is a hard one to predict, and
• 20:29
  Speaker 2: with the recent wrench, it gets shot thrown in to
• 20:32
  Speaker 2: the pile. Yesterday with the wager own poal, and the
• 20:34
  Speaker 2: FED handled that meeting, and now it's looking like we
• 20:38
  Speaker 2: might not get a rate cut in September. I don't
• 20:40
  Speaker 2: think the bull market's gonna stop. I think that it's
• 20:44
  Speaker 2: not gonna get its full legs until we're at least
• 20:47
  Speaker 2: close and hearing rumblings of actual rate cuts. I think
• 20:51
  Speaker 2: it's gonna be more methodical. There'll be a couple of
• 20:53
  Speaker 2: days here and there where things may be close to
• 20:56
  Speaker 2: double in price. But I don't think we're gonna get
• 20:58
  Speaker 2: a January twenty one explode until all coins sorry, excuse me,
• 21:03
  Speaker 2: until the FED actually cuts right or finally says, you
• 21:05
  Speaker 2: know what I think next week cutting spot. That could
• 21:10
  Speaker 2: be September, that could be October. We could wait till
• 21:13
  Speaker 2: just December. We could have to wait till twenty six.
• 21:15
  Speaker 2: But I also remind people if anyone's saying, oh, so
• 21:17
  Speaker 2: Tim's saying no all coin season, no bull run. If
• 21:21
  Speaker 2: I'm right, and again I could be wrong here, but
• 21:24
  Speaker 2: I don't believe the for your cycles attack anymore. Anyone
• 21:27
  Speaker 2: who's saying when I have to get gains before September
• 21:29
  Speaker 2: October or I got a dip in September October, I
• 21:32
  Speaker 2: think the four your cycles dead and broken. I think
• 21:34
  Speaker 2: we're in it for more of a stock market slow
• 21:36
  Speaker 2: but sure rally for quite some time. So I'm merging
• 21:39
  Speaker 2: people stay patient, stay vigilant. If something changes to the
• 21:42
  Speaker 2: news or the charts that says bullmarket over, I'll let
• 21:45
  Speaker 2: people know. I'll change my mind. I will tell the
• 21:47
  Speaker 2: people that. But at the moment, I'm actually seeing more
• 21:50
  Speaker 2: signs of hey, not as fast, but bullish movements for
• 21:54
  Speaker 2: longer periods of time. You might have to wait a
• 21:56
  Speaker 2: little longer than you thought to get your one hundred
• 21:59
  Speaker 2: dollars chain link or you're two hundred thousand dollars bitcoin,
• 22:02
  Speaker 2: But I still think it's coming before the next big
• 22:04
  Speaker 2: bear market.
• 22:05
  Speaker 1: All right, so let's talk about bitcoin. You're mentioning a
• 22:08
  Speaker 1: two hundred kay bitcoin when you look at bitcoin right now,
• 22:11
  Speaker 1: I'll go to the daily right there, still, I mean
• 22:13
  Speaker 1: really rebounding after a dip down to one sixteen yesterday,
• 22:17
  Speaker 1: but now holding one eighteen a little over today. As
• 22:20
  Speaker 1: we're talking the potential for bitcoin. Is it more of
• 22:23
  Speaker 1: a sideways play into possibly another surge up? What are
• 22:27
  Speaker 1: you analyzing right now in terms of chart?
• 22:30
  Speaker 2: Yeah, this is going to be the tale of two
• 22:33
  Speaker 2: different traders. Are you more of a formation trader or
• 22:36
  Speaker 2: are you more of an oscillator trader? Right? I Actually
• 22:39
  Speaker 2: I like to do both at different times. This is
• 22:41
  Speaker 2: one of those dreaded things that everyone hates. Where this
• 22:45
  Speaker 2: chart is saying could go up, could go down. I
• 22:47
  Speaker 2: kind of said that the same thing with ethereum. Let's
• 22:49
  Speaker 2: make a case real quickly for a bullish move here
• 22:51
  Speaker 2: on bitcoin. Like you said, it's consolidating, you know, ethic
• 22:55
  Speaker 2: concolidating up, Bitcoin's kind of consolidating sideways. Technically, it's going downwards.
• 22:59
  Speaker 2: You can see a little bit lower heisman being put
• 23:02
  Speaker 2: in here, lower lows being put in here. This is
• 23:04
  Speaker 2: what we call a falling channel, but attached to an
• 23:07
  Speaker 2: explosive move like from what we had here starting back
• 23:11
  Speaker 2: on July eighth or so. This is what we call
• 23:14
  Speaker 2: a bull flag pattern and move over to the last
• 23:16
  Speaker 2: support level. This has the bullish trajectory for the next
• 23:19
  Speaker 2: explosive move to bring us all the way up here
• 23:21
  Speaker 2: to one hundred and thirty thousand. All right, So that's
• 23:23
  Speaker 2: the bullish side of everything, and there's a big argument
• 23:26
  Speaker 2: to say that should be on the table for people's opinions.
• 23:30
  Speaker 2: Right If I go out to the weekly chart and
• 23:31
  Speaker 2: I look at osclators, there's no bearish signs right now.
• 23:34
  Speaker 2: On weekly oscilators, there's no barish divergence, there's no cell
• 23:37
  Speaker 2: signal yuesst. The money flow is bleeding out a little bit,
• 23:40
  Speaker 2: but we still have a lot of positive movements on
• 23:42
  Speaker 2: the weekly oscillators. It's not quite the same on the daily.
• 23:45
  Speaker 2: On the daily you did see bearish divergence come into play.
• 23:49
  Speaker 2: You do see here on the Luxago osclator. We're now
• 23:51
  Speaker 2: in a red reversal barish fromentum, and now we have
• 23:53
  Speaker 2: this negative money flow coming that if you're an oscillator trader. Again,
• 23:58
  Speaker 2: in a bull market, this can fail from to time.
• 24:01
  Speaker 2: But I'm watching and saying, if we lose one hundred
• 24:05
  Speaker 2: and fifteen thousand dollars and we start to come back
• 24:07
  Speaker 2: down to this level, I just wouldn't be surprised to
• 24:10
  Speaker 2: either daily smart trail touched here close to one hundred
• 24:13
  Speaker 2: and twelve thousand dollars just a little bit below when
• 24:16
  Speaker 2: you zoom out. It also kind of would make sense
• 24:18
  Speaker 2: to pull back down to that level because this was
• 24:20
  Speaker 2: the high from back in May that we exploded through
• 24:22
  Speaker 2: did not retest. You don't always have to retest it,
• 24:25
  Speaker 2: but it's fairly common and healthy to retest former resistance
• 24:29
  Speaker 2: levels and turn them into support. We didn't do that
• 24:32
  Speaker 2: back here at one twelve, so I'm not ready to
• 24:35
  Speaker 2: predict a move back to one twelve. What I'm trying
• 24:37
  Speaker 2: to urge people is there's two prices to watch. Number One,
• 24:42
  Speaker 2: can we get back above one hundred and twenty thousand.
• 24:43
  Speaker 2: Let's get back up of one hundred and twenty thousand,
• 24:45
  Speaker 2: Let's break this red level, and I'm gonna feel pretty
• 24:47
  Speaker 2: good about a shot up to one thirty before the
• 24:49
  Speaker 2: next consolidation, right, I think we continue this bull flag pattern.
• 24:53
  Speaker 2: But if we drop back down here, we lose one fifteen,
• 24:55
  Speaker 2: and we start to lose these levels. Don't be surprised
• 24:58
  Speaker 2: to see a one twelve pit to put some buy
• 25:00
  Speaker 2: orders in around one twelve one hundred and twelve thousand
• 25:03
  Speaker 2: for bitcoin. Should we lose one fifteen?
• 25:06
  Speaker 1: Interesting? Okay, Well, I like the angle of you know,
• 25:09
  Speaker 1: watching both sides of the chart right now, because this
• 25:12
  Speaker 1: is something with bitcoin as we see dominance continued to
• 25:16
  Speaker 1: dip slightly. Ethereum's move Obviously, the ETFs are going to
• 25:19
  Speaker 1: play into this. And if you look at Bitcoin versus
• 25:23
  Speaker 1: eth on the ETF range in terms of inflows, Bitcoin
• 25:26
  Speaker 1: has been you know, starting to slow a little bit,
• 25:28
  Speaker 1: so that may play out to your point right there, Sam,
• 25:31
  Speaker 1: We're going to be looking at that along with much
• 25:33
  Speaker 1: more on our next show with you. We're going to
• 25:35
  Speaker 1: take a look at a really strong all coin portfolio.
• 25:37
  Speaker 1: So we'll definitely have you back for that one. Thanks
• 25:40
  Speaker 1: again for coming in today. We appreciate it.
• 25:42
  Speaker 2: Thanks for having me again, Paul.
• 25:44
  Speaker 1: You bet all right, you guys, If you're not in
• 25:46
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• 25:48
  Speaker 1: easy to get in, is All you have to do
• 25:50
  Speaker 1: is click the link down below, follow me out there
• 25:52
  Speaker 1: on X at Paul Baron. We'll catch you next time
• 25:54
  Speaker 1: right here on the Paul Baron Show. You do