Latest / The Paul Barron Crypto Show / $AVAX Breakout!?🚨Altcoin Technical Analysis w/ Tim Warren
Transcript
- 0:00Speaker 1: Let's get in today. We're going to jump into avalanche
- 0:02Speaker 1: and a lot more, give you guys a full rundown
- 0:04Speaker 1: on the market. My name is Paul Baron, welcome back
- 0:06Speaker 1: into the show. I do want to thank our sponsored
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- 0:26Speaker 1: into that. And of course the future of money is here.
- 0:28Speaker 1: Whether you have a business or an individual, you can
- 0:30Speaker 1: launch over on Coinbase. I want to bring in mister
- 0:33Speaker 1: Tim Warren coming in today from of course Tim Warren
- 0:36Speaker 1: trading over on YouTube. How are you, my man?
- 0:39Speaker 2: I'm doing good, Paul. Good to be back on again.
- 0:41Speaker 2: And how about these markets today?
- 0:43Speaker 1: Yeah, well we finally hit above four trillion again on
- 0:47Speaker 1: the crypto market, and it looks like we're heating up
- 0:49Speaker 1: into what could be a rate cut. And if you
- 0:52Speaker 1: look at where we are right now, bray the odds
- 0:55Speaker 1: of a fifty bases point has continued to climb. Now
- 0:59Speaker 1: we're nearing twenty percent. This is where I believe we
- 1:03Speaker 1: are going to get the rate cut as fifty basis points,
- 1:06Speaker 1: even though because you know, back to my point of
- 1:08Speaker 1: it should have been in July, we are where we
- 1:10Speaker 1: are and it's it's gonna happen. What's your thought? Do
- 1:13Speaker 1: you think we're gonna get the fifty?
- 1:15Speaker 2: You know, I'm gonna put the weight on still just
- 1:17Speaker 2: twenty five, but the argument for fifty definitely is gonna
- 1:21Speaker 2: come into You know, is Jerome Powell going to try
- 1:24Speaker 2: to beat the accusations that he's been a partisan FED chairman?
- 1:28Speaker 2: I mean, last year is in worst numbers, he went
- 1:31Speaker 2: with a fifty point cut those recent numbers that came out.
- 1:35Speaker 2: That turns out the old data analyst, she just she
- 1:39Speaker 2: was not good at her job, Paul. She missed these
- 1:41Speaker 2: job reports massively. Bestent out here saying can we can
- 1:45Speaker 2: we get makeup cuts? Man, if we had known the
- 1:48Speaker 2: accurate numbers back in January, we would have been cutting
- 1:52Speaker 2: rates by then. That would be one hundred and fifty
- 1:54Speaker 2: basis point cut. So fifty is not unreasonable like fifty.
- 1:57Speaker 2: Actually you could make an argument fifty is not enough.
- 2:00Speaker 2: But at the same time, it's your own pal, it's
- 2:04Speaker 2: the FED. They don't do anything fast. I think you've
- 2:07Speaker 2: got to put your money on twenty five. But it's
- 2:09Speaker 2: not unreasonable and I won't be surprised at fifty bases
- 2:12Speaker 2: points this day, this time next week.
- 2:14Speaker 1: Let me play a clip for you because and I
- 2:17Speaker 1: want to ask you a question. After this clip, let's
- 2:19Speaker 1: go to Mohammad al Rain who is coming in from CNBC.
- 2:22Speaker 1: Take a look these two options.
- 2:24Speaker 3: Is that the buyers that are doing it? It is
- 2:25Speaker 3: the sellers who are paying for it. There's a sub section,
- 2:29Speaker 3: a third category that could come up part of this,
- 2:31Speaker 3: and maybe it ties back to the fact that the
- 2:33Speaker 3: jobs market is so weak. Are the makers of this
- 2:37Speaker 3: stuff eating it but making up for it by squeezing
- 2:41Speaker 3: as much productivity out as they can out of their
- 2:44Speaker 3: existing job base, not hiring new people and maybe relying
- 2:47Speaker 3: a little on AI to get some of that effectiveness
- 2:50Speaker 3: kind of rung out of things.
- 2:51Speaker 4: And you're absolutely right. Does the export it as the
- 2:54Speaker 4: important as a consumer and so far the consumer is
- 2:57Speaker 4: carrying the least of the burden. I can tell you
- 3:00Speaker 4: what's going on right now in companies is they're going
- 3:03Speaker 4: product by product, going through the elasticity is what they
- 3:06Speaker 4: think the consumer can absorb in terms of price increase
- 3:10Speaker 4: without destroying demand, and they're finding out that they cannot
- 3:13Speaker 4: pass through as much of the price increase as they want,
- 3:17Speaker 4: and that is particularly true for those who sell to
- 3:20Speaker 4: lower income consumers.
- 3:22Speaker 3: Consumers are saying no more, we can't take any correct.
- 3:24Speaker 4: Consumers at the time had checks appearing in the mail,
- 3:27Speaker 4: so they were able to absorb the price shock. They
- 3:30Speaker 4: cannot absorb the price shock right now. So what we're
- 3:32Speaker 4: learning is that the final impact on the consumer is
- 3:35Speaker 4: much less than people expected. This number. Now, if the
- 3:39Speaker 4: FED is truly data dependent, the question should be why
- 3:43Speaker 4: not fifty?
- 3:45Speaker 1: Okay, Yeah, to his point, if they are truly data dependent,
- 3:49Speaker 1: it's an easy solution of going into where we're going
- 3:53Speaker 1: in terms of at least a fifty basis point. But
- 3:56Speaker 1: back to his point there that he's getting at, and
- 3:58Speaker 1: that is the consumer not accepting what's going to happen
- 4:02Speaker 1: in terms of the economic growth. I just wonder if
- 4:05Speaker 1: they're going to stay away from the market, especially in
- 4:09Speaker 1: some of these retail sectors, for an extended period of time.
- 4:12Speaker 1: And what would that look like for the economy. So
- 4:15Speaker 1: do you think? Okay, So, with all of that being said,
- 4:19Speaker 1: are you still on the side of a quarter basis point?
- 4:23Speaker 2: I mean, so, I love what's being said there. That
- 4:26Speaker 2: means that if we're going to respond to the logic
- 4:30Speaker 2: of what that man just said, it means the Fed
- 4:32Speaker 2: would have to be making logical decisions. You're running into
- 4:35Speaker 2: an argument there. That's the problem is there's been a
- 4:38Speaker 2: case for twenty five or fifty basis point cuts several
- 4:41Speaker 2: times this year already, and yet they've held off. So
- 4:44Speaker 2: that's why I'm sitting here saying, logically, we should be
- 4:46Speaker 2: going for fifty or more. But this is the Federal Reserve.
- 4:50Speaker 2: They're slow. They don't always apply logic. That's why I
- 4:54Speaker 2: have to stick with twenty five. But I'm hoping for
- 4:56Speaker 2: fifty or more. But I'm just predicting twenty five.
- 5:00Speaker 1: All right, Well, you've got Jamie Diamond coming in now saying, hey,
- 5:03Speaker 1: the US economy is now weakening. So this could be
- 5:06Speaker 1: bullish because the sense of the weakening economy, this will
- 5:09Speaker 1: of course devalue the dollar. We're going to see movement
- 5:13Speaker 1: into assets. Obviously, we know what's going on within the
- 5:16Speaker 1: money market scenario. Over a seven point four trillion right
- 5:20Speaker 1: now in money markets. But I don't know. I'm still
- 5:22Speaker 1: on the fence as to whether or not. First of all,
- 5:24Speaker 1: I don't really believe Jamie Diamond anymore because the guy
- 5:29Speaker 1: that has been out there, these guys get a lot
- 5:33Speaker 1: of this wrong. In most cases. The one guy that
- 5:36Speaker 1: doesn't seem to get too much wrong is Tom Lee.
- 5:40Speaker 1: I got a clip for you. Let me play this
- 5:41Speaker 1: one for you, Tim and see what you think. Take
- 5:43Speaker 1: a look.
- 5:45Speaker 5: But here's the reason I'm going to have a contraring view.
- 5:49Speaker 5: We think September is going to be.
- 5:50Speaker 1: An up month.
- 5:53Speaker 5: Because the Fed's been on hold all year and now
- 5:56Speaker 5: they're going to make their first cut in September. That's
- 5:59Speaker 5: only happened twice in the last fifty years, September nineteen
- 6:02Speaker 5: ninety eight and September twenty twenty four, and both were
- 6:05Speaker 5: good months for equities. Here is the September for both
- 6:09Speaker 5: nineteen ninety eight and twenty twenty four, and as you
- 6:12Speaker 5: can see, in both instances, the SMP was up six
- 6:16Speaker 5: percent in September nineteen ninety eight and two percent in
- 6:20Speaker 5: September twenty twenty four, So this counters the negative seasonality.
- 6:24Speaker 5: And as you can see here, the expected game is
- 6:27Speaker 5: three percent compared to September typically being down, and that's
- 6:31Speaker 5: because the FED is cutting in September. And this is
- 6:33Speaker 5: true two of two times.
- 6:36Speaker 1: All right, So let's remember everyone that is watching this,
- 6:40Speaker 1: and if you're brand new to our channel, Tom Lee
- 6:44Speaker 1: is an eth bol you know, obviously a bit minor.
- 6:47Speaker 1: That's the company he's involved with. They're inn E Treasury company.
- 6:51Speaker 1: He's been a big advocate of Ethereum for quite a
- 6:53Speaker 1: while and even Bitcoin prior to that. But now he's
- 6:57Speaker 1: in the game, so he's got a lot to lose
- 7:00Speaker 1: if September does not go up. The real question is
- 7:03Speaker 1: do you agree with him? Do you think we'll get
- 7:05Speaker 1: an up September?
- 7:07Speaker 2: Yeah, I actually hadn't heard. I mean, obviously we remember
- 7:09Speaker 2: last year in twenty many four, that's very recent history
- 7:12Speaker 2: that we got a rate cut and everything went up.
- 7:15Speaker 2: I didn't. I actually hadn't looked into the nineteen ninety
- 7:17Speaker 2: eight number. So that's interesting that he says we're two
- 7:19Speaker 2: for two on those September late cuts being bullish. Here ultimately,
- 7:25Speaker 2: here what we just got through in that conversation was
- 7:28Speaker 2: a man named Jamie Diamond, CEO of a company that
- 7:31Speaker 2: has a history of lying to their customers purposely to
- 7:35Speaker 2: make money at their customer's expenses, versus Tom Lee, who
- 7:39Speaker 2: I love how you set it up here. Nobody's one
- 7:42Speaker 2: hundred percent right all the time. Yeah, Tom Lee is
- 7:45Speaker 2: right a lot. Tom Lee's a very smart individual. I
- 7:47Speaker 2: have not found him to be one of the manipulators
- 7:50Speaker 2: who says one thing and does another. I think you're right.
- 7:53Speaker 2: I think he now has a lot of a lot
- 7:56Speaker 2: of money on the table. It would hurt him if
- 7:58Speaker 2: September ends up being a bad month. But I think
- 8:01Speaker 2: he's right here. I think it logically makes sense without
- 8:04Speaker 2: a massive, massive problem unemployment, and it's ticking up. I
- 8:08Speaker 2: don't want to say it's not, but it's not out
- 8:10Speaker 2: of control just yet. This is my problem, Paul, with
- 8:13Speaker 2: people who love to only look at like seven and
- 8:17Speaker 2: two thousand and back in the eighties, when we saw
- 8:20Speaker 2: rate cuts correspond with market crashes. They love looking at
- 8:23Speaker 2: those convenient situations where rate cuts brought crashes. What they
- 8:26Speaker 2: don't love looking at is the situations where rate cuts
- 8:29Speaker 2: were actually associated with rallies and the common denominator is
- 8:34Speaker 2: gonna be unemployment? Is it out of control to the
- 8:37Speaker 2: upside or is it under control? And at the moment
- 8:40Speaker 2: while it's ticking up, it's not out of control. And
- 8:42Speaker 2: historically those time periods bring rallies to the markets. And
- 8:47Speaker 2: I think we can go. I mean, I think we
- 8:48Speaker 2: get three cuts the rest of this year, more cuts
- 8:51Speaker 2: coming early in twenty wway six. I think this is
- 8:53Speaker 2: gonna be a very bullish season. I tend to agree
- 8:54Speaker 2: with Tom Lee, and I'll tell you listening to Jamie
- 8:57Speaker 2: Diamond my last point here that comforts me on the
- 9:00Speaker 2: bullish side hearing Jamie Diamond say we're heading for bearishness.
- 9:03Speaker 2: I've watched his track record. I know what he does.
- 9:06Speaker 2: He's a liar, and that makes me think that he
- 9:09Speaker 2: secretly is actually buying a lot right now, anticipating a boom.
- 9:13Speaker 1: Well, and the key here is, at least Tom everybody
- 9:15Speaker 1: knows where he stands, and it's okay to talk your bag.
- 9:18Speaker 1: There's nothing wrong with that. Everybody, you're if you explain
- 9:22Speaker 1: that your bag is that, and I would agree with you.
- 9:25Speaker 1: I think his performance on especially on Wall Street, has
- 9:28Speaker 1: just been well. I mean, he's now the number one
- 9:30Speaker 1: super investor, surpassing what was previously a super investor, Kathy
- 9:37Speaker 1: Kathy would So, I don't know a lot going on.
- 9:39Speaker 1: We're going to get into Avalanche, but before I do that,
- 9:41Speaker 1: I got a shout out Tim's channel here. If you
- 9:44Speaker 1: guys have not subscribed to Tim, go over to Tim
- 9:46Speaker 1: Warren right here. Tim Warren trades on YouTube. You guys can,
- 9:50Speaker 1: of course see his latest thesis on this September prediction. Well,
- 9:54Speaker 1: we're going to get that coming up soon in this
- 9:56Speaker 1: show right here, but you should watch his breakdown on this. Tim,
- 10:00Speaker 1: let's go over to Avalanche because Avalanche, of course had
- 10:03Speaker 1: some big news that came out. Institutional money eyeing in
- 10:07Speaker 1: a little bit here. Obviously RDBA has been a big
- 10:10Speaker 1: part of Avalanche in a while. I'm going to zoom
- 10:12Speaker 1: in on that, but right now has searched near fifty
- 10:16Speaker 1: eight percent in the last few days. Some of this
- 10:19Speaker 1: we anticipate. Part of this is everybody saying, well, man,
- 10:22Speaker 1: did I miss the Avalanche run overall? And we're going
- 10:26Speaker 1: to go to the chart here in a second. But
- 10:27Speaker 1: if you if you're trying to maybe do a beta play,
- 10:31Speaker 1: one thing you can do is just go over and
- 10:32Speaker 1: look at some of the meme coins on Avalanche just
- 10:35Speaker 1: check out dex screen. Or this is Cokinu. You look
- 10:37Speaker 1: at where Kakinu has been over the last three dips
- 10:41Speaker 1: right here, and I've been in and out of Coknu.
- 10:43Speaker 1: I don't own any right now, but this is one
- 10:46Speaker 1: of those that maybe this is the bottom for a
- 10:48Speaker 1: lot of the ecosystem. Is the point I'm getting at.
- 10:50Speaker 1: Are we going to see a run now that Avalanche
- 10:53Speaker 1: is on the move? When you look at the chart
- 10:55Speaker 1: tim for Avax, do you like it still to the upside?
- 11:00Speaker 1: And how ballistic will this potentially move in the air months?
- 11:07Speaker 2: You know? I tell people all the time I don't
- 11:09Speaker 2: like using the word perfect in the world of investing
- 11:13Speaker 2: because it's very hard to pinpoint timing things directly or
- 11:16Speaker 2: price points exactly. Every now and then, though, I do
- 11:19Speaker 2: something that I would call perfect. And yesterday's video on
- 11:23Speaker 2: our channel, if people go and watch it, I talked
- 11:24Speaker 2: about there's three at coins that I'm buying right now,
- 11:27Speaker 2: and one of them was Avax, and I'll lay out
- 11:30Speaker 2: you guys want to see the other two, you can
- 11:31Speaker 2: go watch that video, but I'll lay out what I
- 11:32Speaker 2: was showing people yesterday on Avax before this big rally.
- 11:37Speaker 2: We actually talked about this on your channel now a
- 11:39Speaker 2: couple of weeks ago. We've been in a long term
- 11:42Speaker 2: W pattern right here right So this movement that Avax oop,
- 11:45Speaker 2: if I can grab my marker correctly, this movement that
- 11:47Speaker 2: Avax has been in since February, has been a giant
- 11:50Speaker 2: W pattern. We talked about this week's ago how this
- 11:53Speaker 2: would be a major breakout, sending the price of Avax
- 11:56Speaker 2: back up here towards forty six forty seven dollars, a
- 12:00Speaker 2: distance level on a longer timeframe movement. I'll talk more
- 12:03Speaker 2: about that in a second, but what's happened more recently
- 12:06Speaker 2: is all of this action right in here post July.
- 12:10Speaker 2: And the importance about this period right in here is
- 12:13Speaker 2: that we keep hitting our heads again. Today we've broken
- 12:16Speaker 2: through it. But I'm talking as if we were looking
- 12:18Speaker 2: at this chart yesterday when I made my video. We
- 12:21Speaker 2: keep in our heads on the same flat level here
- 12:23Speaker 2: around the twenty six fifty mark, but we keep putting
- 12:26Speaker 2: higher lows. Imagine think about like taking a sledgehammer to
- 12:31Speaker 2: a slab of concrete. The first time you hit it,
- 12:34Speaker 2: maybe nothing happens. Maybe your hand's even hurt a little bit,
- 12:37Speaker 2: You pull back down, then you hit it again this time,
- 12:41Speaker 2: even if it doesn't crack yet, you're starting to weaken it.
- 12:44Speaker 2: The more and more you hit that sledgehammer into the concrete,
- 12:48Speaker 2: the more it will start to crack, and eventually that
- 12:50Speaker 2: crack will turn into a break. And that's exactly what
- 12:53Speaker 2: we saw happen this morning again, perfectly right after yesterday's
- 12:57Speaker 2: video came out where I told people by now before
- 12:59Speaker 2: it's too late. We woke up this morning and of
- 13:01Speaker 2: course it's now above that key resistance at twenty six
- 13:05Speaker 2: fifty twenty six to seventy that we've been under pretty
- 13:08Speaker 2: much all year in twenty twenty five. Like I said,
- 13:11Speaker 2: if you're looking at what is the next target, I'm
- 13:13Speaker 2: not saying we're hitting this by tomorrow, but we should
- 13:15Speaker 2: be seeing a pretty explosive rally over the next couple
- 13:18Speaker 2: of weeks, in my opinion, with a target in this
- 13:21Speaker 2: world of forty six to forty seven dollars, now you
- 13:24Speaker 2: zoom out, that's a long term trailing resistance level. Right
- 13:28Speaker 2: you go back to highs in March of twenty four
- 13:30Speaker 2: and then December of twenty four, this would just put
- 13:33Speaker 2: us in line with a descending level of resistance. But
- 13:35Speaker 2: this is what we call a falling channel. These falling
- 13:38Speaker 2: channels happen to usually break out to the upside, and
- 13:41Speaker 2: it's very common to look for three touches of resistance
- 13:44Speaker 2: and then a breakout. Well, if that breakout does come soon,
- 13:47Speaker 2: you know, we get rid of that one right there.
- 13:49Speaker 2: If this break up comes soon, this is going to
- 13:51Speaker 2: put us into targets I've made a while ago. It's
- 13:54Speaker 2: been about a year now that I've predicted. On the
- 13:57Speaker 2: low end, I thought the top of Avac's bull market
- 13:59Speaker 2: would be in the world of one hundred dollars. The
- 14:01Speaker 2: top end summer closer two hundred dollars. Right dasmack in
- 14:05Speaker 2: the middle. This formation is predicting a breakout to one
- 14:08Speaker 2: hundred and fifty dollars. Am I saying this happens before
- 14:12Speaker 2: twenty twenty six? No, I think this is a price accident.
- 14:14Speaker 2: Happens in twenty twenty six. But we're watching a smaller timeframe.
- 14:18Speaker 2: Damn break at that twenty six to fifty level. If
- 14:21Speaker 2: we make that jump up to forty six forty seven dollars,
- 14:24Speaker 2: I'm expecting a little bit of consolidation, maybe a month
- 14:27Speaker 2: or so we kind of decide we want to break through.
- 14:29Speaker 2: But once we do, one fifty is still a target
- 14:33Speaker 2: I'm looking for for a top on Avax in the
- 14:35Speaker 2: next year.
- 14:36Speaker 1: Yeah, and I think one of the things to look
- 14:39Speaker 1: at with Avax is the consistency that they've continued to
- 14:42Speaker 1: kind of chip away and then I think now we
- 14:45Speaker 1: have a little bit of a market break and timing
- 14:48Speaker 1: is very critical here for Avalanche. One of the things
- 14:52Speaker 1: that is perfect timing to your point, is van k
- 14:55Speaker 1: announcing their investment in their next layer one, which is
- 14:59Speaker 1: going to be on Avalanche. And we've anticipated we'd see
- 15:02Speaker 1: all these investment communities start to launch our ones. This
- 15:06Speaker 1: course now happening is going to be called inversion. This
- 15:09Speaker 1: one could get very active, and of course this is
- 15:12Speaker 1: only going to drive transactions up on Avalanche, which is
- 15:14Speaker 1: going to be good for the chain in general. Back
- 15:16Speaker 1: to your point in terms of that, what would be
- 15:18Speaker 1: your your end of year number, because if you look
- 15:21Speaker 1: at the RWA number right now, we've seen a pretty
- 15:26Speaker 1: significant increase just in six days, up like one hundred
- 15:29Speaker 1: and fifteen percent in the last thirty So what are
- 15:32Speaker 1: you calling for by end of year.
- 15:35Speaker 2: I mean that is the hard call. I think the
- 15:37Speaker 2: easy answer would be, let's just go with that forty
- 15:39Speaker 2: six forty seven dollars price that I had right there.
- 15:42Speaker 2: It's really going to depend on how quickly we get
- 15:44Speaker 2: to that level. What does a replacement at that level
- 15:47Speaker 2: look like? How far do we pull back? How long
- 15:49Speaker 2: do we stay back? Could we top it before the
- 15:52Speaker 2: end of December and start that climb up towards one
- 15:55Speaker 2: fifty early, Yes, we could. My anticipation though, would be
- 16:00Speaker 2: wouldn't be surprised. We hit that forty six dollars mark
- 16:02Speaker 2: sometime late November, who knows, maybe it takes in December.
- 16:06Speaker 2: At this point, the markets are really starting to weird
- 16:08Speaker 2: get weird timelines with things, and I think we pull
- 16:12Speaker 2: back a little bit and we start that rally again,
- 16:15Speaker 2: maybe late December, but it is January or further on
- 16:18Speaker 2: before we hit new cycle highs. But again I think
- 16:21Speaker 2: new all time highs coming sometimes twenty eighty six. The
- 16:23Speaker 2: question is when, in my opinion, not if.
- 16:25Speaker 1: Okay, all right, So where if we were to get
- 16:27Speaker 1: a pullback tim do you think avalanche sees a twenty
- 16:31Speaker 1: five and below again in this current run cycle that
- 16:35Speaker 1: we're in.
- 16:36Speaker 2: Yeah, that's a good question. It's gonna be hard, Paul,
- 16:41Speaker 2: because we got to watch what happens. Even with Bitcoin.
- 16:44Speaker 2: I think that we will see another either late twenty
- 16:47Speaker 2: twenty five or early twenty eighty six. I think we'll
- 16:50Speaker 2: see another type of pullback similar to what we saw
- 16:53Speaker 2: in January of twenty five or March of twenty four.
- 16:57Speaker 2: You know, Bitcoin pulled back thirty percent. I don't know
- 16:59Speaker 2: Bitcoin has to pull back thirty per and again, maybe
- 17:00Speaker 2: twenty percent is more realistic, but all coins are going
- 17:03Speaker 2: to pull back double or maybe even a little more. Right,
- 17:05Speaker 2: So with Bitcoin pulling back thirty percent, a lot of
- 17:07Speaker 2: all coins pull back sixty or seventy percent. Let's say
- 17:10Speaker 2: Bitcoin goes twenty percent. That means I think all coins,
- 17:13Speaker 2: not necessarily saying Ethereum or Solana, the higher up ones
- 17:16Speaker 2: or XRP, but some of the lower ones like Avax
- 17:18Speaker 2: and others. I don't think it's crazy to think of
- 17:20Speaker 2: fifty percent to sixty percent correction over a month or
- 17:24Speaker 2: two before they reignite a rally and go up again.
- 17:26Speaker 2: Is a crazy thought. And an when he thinks it's crazy,
- 17:28Speaker 2: we just watched it happen twice within the last two years,
- 17:31Speaker 2: and yet we're still in what most people still believe
- 17:34Speaker 2: is a bull market. So yeah, if forty six is
- 17:38Speaker 2: the top, a fifty percent correction breaks us down below
- 17:41Speaker 2: twenty five dollars. This is all things we have to
- 17:43Speaker 2: wait and see.
- 17:44Speaker 1: Yeah, and before we go to ethereum, because we're going
- 17:46Speaker 1: to get into eth. We're also going to do some
- 17:48Speaker 1: uni swap. We'll get into pauliyaon. So you guys stick
- 17:50Speaker 1: around for all that. But I want to jump on too,
- 17:52Speaker 1: Solana for a second, because it's holding around the two
- 17:55Speaker 1: to twenty mark. It continued to get aggressive here over
- 17:58Speaker 1: the last ten days. My question is in a lot
- 18:01Speaker 1: of our research team is now pointing at a three
- 18:04Speaker 1: hundred dollars Salana, do you feel like that's a possibility
- 18:07Speaker 1: this year?
- 18:09Speaker 5: Oh?
- 18:09Speaker 2: Absolutely absolutely. I think I was on this channel where
- 18:12Speaker 2: I laid out a barish and bullish case. I like
- 18:14Speaker 2: what I'm seeing right now. On the bullish case side.
- 18:16Speaker 2: If you look at the chart here, this was a
- 18:18Speaker 2: bearish formation consolidation with both rising support and resistance levels
- 18:24Speaker 2: is what we call a rising wedge pattern. I warned
- 18:26Speaker 2: people there was a chance keyword chance here, but chance
- 18:29Speaker 2: we made a move all we would make a move
- 18:31Speaker 2: all the way back down towards like one point eighty. Instead,
- 18:34Speaker 2: the bullish scenario is playing out, and I'm loving it.
- 18:37Speaker 2: Even though we did have a successful short in our
- 18:39Speaker 2: community last week or a couple of weeks ago here
- 18:42Speaker 2: where we got to sell this resistance level, we're now
- 18:44Speaker 2: today breaking convincingly through this resistance. It's not over. I
- 18:49Speaker 2: want to see one candle which today wouldn't count. I
- 18:52Speaker 2: need to see this happen maybe tomorrow or the next day.
- 18:54Speaker 2: I want to see a daily candle open and close
- 18:56Speaker 2: above this red treadline. But all of a sudden, you
- 18:59Speaker 2: get the more bullish side of the breakout and this
- 19:02Speaker 2: short term move right if we have a volatile move
- 19:04Speaker 2: like this, that could have brought us to the downside
- 19:07Speaker 2: all of a sudden, Now we're looking at this and saying, okay,
- 19:10Speaker 2: could this actually be an explosive move up above three
- 19:13Speaker 2: hundred closer to three twenty five for Solana based on
- 19:16Speaker 2: the volatility of this breakout. That is something I absolutely
- 19:20Speaker 2: could see happening. In fact, I'd be very surprised if
- 19:22Speaker 2: we don't go above three hundred dollars before the end
- 19:25Speaker 2: of twenty way five. I still hold in twenty wy
- 19:27Speaker 2: six one thousand dollars prediction or maybe even a little
- 19:30Speaker 2: higher for Solana three hundred. To me, that's that's easy
- 19:33Speaker 2: work for Solana from Baron out.
- 19:35Speaker 1: Yeah, that's a five x guys, so we're that's a
- 19:37Speaker 1: pretty aggressive move with a major token like Solana, which
- 19:41Speaker 1: would imagine where Ethereum is going to be if that
- 19:43Speaker 1: is the case. Speaking of Ethereum, let's talk about this.
- 19:47Speaker 1: Ethereum's taking now hitting all time high in terms of
- 19:50Speaker 1: how much eth is locked away. This is getting insane
- 19:54Speaker 1: how much people are putting away. You have the treasury
- 19:57Speaker 1: companies also locking eth up or earning rewar. This has
- 20:01Speaker 1: become kind of a new cycle of an ever ending
- 20:05Speaker 1: flywheel approach to gain revenue on these eth companies, which
- 20:09Speaker 1: is sustaining Eath's price around forty three. Now we've started
- 20:13Speaker 1: to see on the move again your chart right now,
- 20:16Speaker 1: what does it look like for Ethereum in the near future,
- 20:19Speaker 1: let's say, end.
- 20:19Speaker 2: Of year, end of year man, Paul, that's a hard one.
- 20:24Speaker 2: Let me start with just saying what I am observing here.
- 20:26Speaker 2: I love what you're bringing up there. The fundamentals and
- 20:29Speaker 2: the bright future. Ethereum continues to be something to watch here.
- 20:33Speaker 2: What I love though this is on the daily chart.
- 20:35Speaker 2: I love this correction and slow build sideways. Right we
- 20:39Speaker 2: did not get all the way back down to the
- 20:41Speaker 2: daily smart show despite the fact that we had a
- 20:43Speaker 2: cell signal. We now are getting a bisignal on ethereum
- 20:46Speaker 2: with this green reversal, bullish momentum, positive money flow. This
- 20:50Speaker 2: could be a big move to the upside on the
- 20:52Speaker 2: short term. Just get to five thousand, but even higher
- 20:55Speaker 2: once we get going. But with what you just said
- 20:57Speaker 2: in that fundamental level right there, we are consolidating. Despite
- 21:02Speaker 2: the fact that people are not selling their ethereum. People
- 21:05Speaker 2: are buying it over the counter right now because of
- 21:07Speaker 2: big plays coming. This is a consolidated move to me
- 21:11Speaker 2: that could have massive upside potential. Let's just do this.
- 21:15Speaker 2: And I'm not even saying this is gonna be my
- 21:17Speaker 2: big case for it, but you're gonna definitely be building
- 21:20Speaker 2: what's called a bull flag pattern right now, a symmetrical
- 21:23Speaker 2: triangle attached to an explosive move. Here short term target,
- 21:26Speaker 2: we're looking at sixty two sixty three hundred dollars in
- 21:29Speaker 2: twenty twenty five. Is that the top fallwed by a
- 21:32Speaker 2: correction or is this just the beginning of an even
- 21:35Speaker 2: bigger run where we maybe make a move closer towards
- 21:37Speaker 2: seventy five hundred by end of year. That's gonna be
- 21:40Speaker 2: hard to say for now, but I do. I do
- 21:42Speaker 2: look at the fundamentals. Excuse me, do you look at
- 21:44Speaker 2: the fundamentals? And I do. Look at the chart and say, man,
- 21:47Speaker 2: Wales are keeping this a secret at the moment. I
- 21:49Speaker 2: mean this. You saw that chart. A lot of people
- 21:51Speaker 2: are gonna probably say, here, Paul, that's not exciting. I
- 21:54Speaker 2: want to look at what you know. Look at Avax's chart,
- 21:56Speaker 2: Look at XRP chart, look at these other charts that
- 21:58Speaker 2: are making bullish moves. Yeah, that's how they get you.
- 22:01Speaker 2: They make you buy, and they get you rallying. They
- 22:04Speaker 2: get the coin. They actually want to stay suppressed until
- 22:07Speaker 2: the time is right. And I say they, I'm talking
- 22:09Speaker 2: about the institutions, the composite. Man, they're preparing something big.
- 22:13Speaker 2: Do not be surprised if a massive explosion happens on
- 22:15Speaker 2: eth over the next month, all.
- 22:17Speaker 1: Right, unless you get one that has been suppressed. And
- 22:20Speaker 1: I will say the one that has been suppressed is Polygon.
- 22:23Speaker 1: We've been talking about that for a while, and Polygon,
- 22:28Speaker 1: of course gets more fud out there, four percent down again,
- 22:32Speaker 1: got a network facing a nodebug, you know, more fud.
- 22:35Speaker 1: But the point being is that Polygon had been on
- 22:37Speaker 1: a little bit of a run. Here. Let's take a
- 22:40Speaker 1: look at Polygon, because when you think about Polygon, along
- 22:44Speaker 1: with some other elements that are happening within the ecosystem,
- 22:48Speaker 1: this could be a contender for you know, a multix gainer.
- 22:52Speaker 1: What do you think.
- 22:54Speaker 2: It's not one in my portfolio. The case for it
- 22:57Speaker 2: going up is how far it is down and yet
- 23:00Speaker 2: it still tied to a company, you know, still tied
- 23:02Speaker 2: to poly Market, which I think is taking over the
- 23:05Speaker 2: Internet by storm. There's going to be a great site
- 23:07Speaker 2: going forward. My problem is this chart, Paul, this is
- 23:11Speaker 2: not a good chart. We lost this support back in
- 23:15Speaker 2: February and we've come nowhere close to back to regaining
- 23:19Speaker 2: it again. The flip side of this would be, let's
- 23:23Speaker 2: just pretend Paul doesn't even get to new all time highs,
- 23:27Speaker 2: doesn't even know. Let's just say matches the highs of
- 23:30Speaker 2: twenty twenty one. It gets back to two eighty eight
- 23:32Speaker 2: there's some pretty big gains there. Right We're talking about
- 23:34Speaker 2: a move of a ten x almost an eleven x
- 23:39Speaker 2: just to match former all time high. So you have
- 23:42Speaker 2: opportunity here. I just don't like the trajectory of the chart.
- 23:47Speaker 2: I don't know. I don't know if layer twos are
- 23:52Speaker 2: going to be a big play, especially what coinbase is
- 23:54Speaker 2: doing and what base, which is not even a coin
- 23:57Speaker 2: is doing. I don't know if layer twos are the
- 23:59Speaker 2: financial play. But there is opportunity, there is potential. I
- 24:03Speaker 2: think worst case scenario, you could look for a move
- 24:05Speaker 2: at least back up towards sixty cents, in which case
- 24:08Speaker 2: we're talking about more than two x here up there,
- 24:10Speaker 2: one hundred and fifteen percent. That's an easy trade right there,
- 24:13Speaker 2: if you guys want to look for a trade. But
- 24:15Speaker 2: that steady lower high and lower low. I mean, you
- 24:18Speaker 2: look on the macro scale scale here, Paul. Other alt
- 24:21Speaker 2: coins have had moments of higher highs and higher lows.
- 24:24Speaker 2: This has been a constant lower high and lower low
- 24:26Speaker 2: for Polygon. Not something that I am looking at a
- 24:29Speaker 2: long term investment. Trading from time to time is there,
- 24:33Speaker 2: But even that, I don't like this recent cell singal
- 24:36Speaker 2: on the daily chart, bearish divergence, red reversal, bearish dot
- 24:40Speaker 2: right there, negative money flow. Let me see where support's
- 24:43Speaker 2: kind of sitting here, because it's been pulling back here.
- 24:45Speaker 2: I just would not be surprised to see Polygon make
- 24:48Speaker 2: another move back here towards twenty four cents, back to
- 24:51Speaker 2: the daily smart trail, at least on the flip side.
- 24:53Speaker 2: On the long term stuff, I'm still you know, okay,
- 24:56Speaker 2: here's good sign, good sign here. We look like we're
- 24:59Speaker 2: in a longer term weekly by level still here. So
- 25:03Speaker 2: even with that small pullback, could we still make a
- 25:05Speaker 2: run back up to thirty eight cents to hit that
- 25:07Speaker 2: weekly smart show. Yes, But you start getting the long
- 25:10Speaker 2: term conversations. You start to look at, hey, is this
- 25:12Speaker 2: a good long term hold? My answers, No, I'm not
- 25:17Speaker 2: holding this long term, but there's opportunity. I'll leave it
- 25:19Speaker 2: with this because I want to leave people with hope.
- 25:21Speaker 2: If you love Paul, if you just bought it, there's hope.
- 25:25Speaker 2: Because you're so down to the gutter, there's not a
- 25:27Speaker 2: lot of more room to the downside. You really can
- 25:29Speaker 2: only go out sideways, all.
- 25:31Speaker 1: Right, So let me let me jump over to optimism.
- 25:34Speaker 1: We've got a clip. This is basically Ronan, who has
- 25:39Speaker 1: been in a process of change over quite some time,
- 25:42Speaker 1: but they decided to move to optimism. This was a
- 25:44Speaker 1: big move for them. And here's some reasons why. I've
- 25:47Speaker 1: got a clip that I want to show you to take.
- 25:49Speaker 6: A look by the op sack was selected versus any
- 25:53Speaker 6: of the other candidates out there. You have Base, you
- 25:55Speaker 6: have Uni chain, you have world chain, two hundred millisecond
- 25:59Speaker 6: block time for us, right, like maybe we could have
- 26:02Speaker 6: like kind of you know, figured out how to do
- 26:04Speaker 6: this stuff, but it's just like huge brain drain and
- 26:07Speaker 6: use of resources for us to figure out.
- 26:09Speaker 7: Right. Ronan was actually the fourth most used chain of
- 26:12Speaker 7: twenty twenty four, so we actually, I believe, just saw
- 26:15Speaker 7: gas fees spent on Ronan right hit a new all
- 26:18Speaker 7: time high. Also felt like Ronan it's a little bit
- 26:21Speaker 7: siloed where it's like a little bit like, Okay, we're
- 26:23Speaker 7: in our own echo chamber, right, where who are we
- 26:26Speaker 7: benefiting other than ourselves?
- 26:28Speaker 2: Right?
- 26:28Speaker 7: Like you know, we wanted to create this alliance alliance,
- 26:30Speaker 7: so you know we're part of ethereum, right, We're like
- 26:32Speaker 7: in EVM chain. But it's kind of it was kind
- 26:34Speaker 7: of like hazy, right, So we wanted to also just
- 26:36Speaker 7: set that to rest and formally join the ecosystem. Theorium
- 26:40Speaker 7: is gaining a lot of power, right, and e theorem
- 26:43Speaker 7: is back.
- 26:43Speaker 6: Are you guys going to be part of the super chain?
- 26:45Speaker 7: That's I think tentatively right. The plant.
- 26:47Speaker 1: Okay, let's look at Optimism the chart.
- 26:50Speaker 2: It's a very similar kind of looking chart to what
- 26:52Speaker 2: we have with Pauly. Again, we're talking about another layer
- 26:57Speaker 2: two solution. Now this is different obviously because it's not
- 27:00Speaker 2: as old as Polygon. Polygon obviously existed long before. You
- 27:04Speaker 2: got a pretty good downward trajectory here since March of
- 27:08Speaker 2: twenty four right, put in a lower high they're you're
- 27:12Speaker 2: not seeing the same momentum kind of building as you
- 27:14Speaker 2: see on some other coins. It had a nice jump,
- 27:18Speaker 2: you got to give it. It had a nice jump from
- 27:20Speaker 2: these bottoms, but again, these are bottoms. We pretty much
- 27:22Speaker 2: went back and tested the same bottoms we had back
- 27:24Speaker 2: in twenty twenty two. I'm just not in on layer
- 27:28Speaker 2: two solutions this time around like I was in twenty
- 27:31Speaker 2: twenty one. And I think that's kind of the trap
- 27:34Speaker 2: they're gonna get you, is that layer twos were so vital,
- 27:37Speaker 2: so important in the twenty twenty one bull market with eth,
- 27:40Speaker 2: people are thinking they're gonna be vital again, and things
- 27:43Speaker 2: have adopted, things have changed. But with that said, I'm
- 27:46Speaker 2: gonna do the analysis here and just kind of let
- 27:47Speaker 2: people know what is going on here. You know, we
- 27:50Speaker 2: recently hear it is actually way better than Polly. You
- 27:52Speaker 2: have a more recent by signal where you had green
- 27:54Speaker 2: reversal and play green momentum. You have positive money flow
- 27:58Speaker 2: flowing back in there. Take a look at some resistance
- 28:01Speaker 2: levels of what we're kind of looking at for expectation
- 28:04Speaker 2: on this. With us being above the daily smart trail,
- 28:07Speaker 2: I like to pull up the price action concepts and
- 28:09Speaker 2: look for the next big order block above us that's
- 28:12Speaker 2: coming in back here at ninety cents. So does optimism
- 28:15Speaker 2: have some room there to the upside? Absolutely, it can
- 28:17Speaker 2: make a nice move there. Let me check out a
- 28:19Speaker 2: look at the weekly chart here and see what it's
- 28:21Speaker 2: going because again you got some longer term weekly bullish divergence,
- 28:24Speaker 2: you came back down and matched bottoms, right. So this
- 28:26Speaker 2: goes back into what I said with on the opium side,
- 28:29Speaker 2: you can't really go much lower than this and not
- 28:32Speaker 2: just die as a company. And with them making new relationships,
- 28:35Speaker 2: you got to imagine they're going to make us a
- 28:36Speaker 2: spike back to the upside here, we're very close, not
- 28:39Speaker 2: there yet. The macde's positive, the rsize head in the
- 28:42Speaker 2: right direction. We are on the way with rounding money
- 28:45Speaker 2: flow that we're probably to get a BUI signal in
- 28:47Speaker 2: the next couple of weeks here that would have short
- 28:51Speaker 2: term targets back up towards a dollar thirty ish would
- 28:55Speaker 2: be short term what we're looking at there. Longer term,
- 28:57Speaker 2: look at that red cloud. Three dollars could be in
- 29:00Speaker 2: resting Again, is this one that I think's going to
- 29:03Speaker 2: smash all time highs? I don't know if it will,
- 29:06Speaker 2: but let's just say it matches some highs we had.
- 29:08Speaker 2: Let's just say it matches April of twenty night four.
- 29:10Speaker 2: That's a pretty good little run there. That's going to
- 29:12Speaker 2: be about a six x six point two two x
- 29:15Speaker 2: or so. So is there money to be made in optimism, Yes,
- 29:19Speaker 2: But is optimism going to become with a top ten
- 29:21Speaker 2: coin is going to take the world by storm and
- 29:23Speaker 2: be a thirty forty to fifty X. I don't think so.
- 29:26Speaker 1: Not on my personal remember that Optimism. If you look
- 29:31Speaker 1: Optimism and probably Goon both not listed on Robinhood. If
- 29:37Speaker 1: those both get listed on Robinhood, we may see some
- 29:40Speaker 1: pretty active trades on those two tokens out there. So
- 29:45Speaker 1: that's kind of where I'm looking at Optimism more on
- 29:48Speaker 1: a momentum side. Obviously we'll see this, you know, from
- 29:51Speaker 1: a strategy within the eth ecosystem. It'll be interesting also
- 29:55Speaker 1: to see what Rodin does, you know, as they start
- 29:57Speaker 1: to hop over. One other thing I want to hit
- 29:59Speaker 1: on here is robin Hood as a whole. They did
- 30:02Speaker 1: their big announcement last night, a lot of new features
- 30:06Speaker 1: that are coming out. The stock absolutely just skyrocketed again. Again,
- 30:11Speaker 1: if you look at the stock for robin Hood, are
- 30:14Speaker 1: you just going to kind of buy and hold on
- 30:16Speaker 1: this one or would you potentially trade on this one?
- 30:20Speaker 2: Yeah? I mean I don't trade a lot of stocks,
- 30:22Speaker 2: so when I do buy stocks, it's for long term hold.
- 30:26Speaker 2: You know, robin Hood stock here is definitely coming up.
- 30:29Speaker 2: It's at a high. So I'm not saying this is
- 30:32Speaker 2: a great spot to be buying in on it right
- 30:34Speaker 2: this second. I'm not a fan of seeing a stock
- 30:38Speaker 2: or any asset hit a new all time high, and
- 30:40Speaker 2: then that's your byspot, right. I want to see a
- 30:43Speaker 2: little form of weakness even during this whole rally. You
- 30:46Speaker 2: can see Hood since back in December of twenty three,
- 30:49Speaker 2: has had these pullbacks, and these are the opportunities that
- 30:52Speaker 2: you're looking at. This is a weekly chart. You can
- 30:54Speaker 2: see the best times. It's pretty normal to come back
- 30:56Speaker 2: to the weekly smart trail or even a little bit
- 30:58Speaker 2: lower that one's coming year closer towards seventy eight seventy
- 31:02Speaker 2: nine dollars. So I would love to see a correction
- 31:04Speaker 2: on robin Hood before I buy it. With that said, though,
- 31:07Speaker 2: why is Robinhood doing so well? Fundamentally, There's only so
- 31:10Speaker 2: much you can pull from a chart that's sitting in
- 31:12Speaker 2: an all time high. Some people will remember robin Hood
- 31:16Speaker 2: got really bad taste in people's mouth. Yeah, back in
- 31:19Speaker 2: early twenty twenty one with all of the game stop stuff,
- 31:22Speaker 2: crypto people hated it. Then they kind of bowed to
- 31:25Speaker 2: the sec When Gary Gensler was on his war path,
- 31:29Speaker 2: Robin Hood said, okay, fine, we'll get rid of a
- 31:31Speaker 2: lot of these lower alt coins that maybe might be
- 31:35Speaker 2: a risk of being security. So crypto people kind of said, hey,
- 31:38Speaker 2: I don't want to touch Robinhood. I'm sticking with the
- 31:40Speaker 2: coin bases, the buyinances, the crack and so on and
- 31:43Speaker 2: so forth. It's a new world out there. The amount
- 31:47Speaker 2: of people that will be investing in crypto that do
- 31:49Speaker 2: not know this argument of decentralized versus centralized. They don't
- 31:52Speaker 2: understand the importance of that. They've been in the trad
- 31:54Speaker 2: fire world. They're used to buying stocks, but they're listening
- 31:57Speaker 2: to tokenization. They're listening to how a mazing and how
- 32:00Speaker 2: much money you can make in the crypto realm. They're
- 32:03Speaker 2: going to utilize Robbinhood. They're not jumping to coinbase, They're
- 32:05Speaker 2: not going to go to binancer, krack, and they're going
- 32:07Speaker 2: to jump with what they know. I think the massive
- 32:10Speaker 2: bull market is filled with trad fight traders who wake
- 32:13Speaker 2: up and say, all right, I'm gonna start trading crypto.
- 32:15Speaker 2: They're used to robin Hood, They're using robin Hood. Robin
- 32:18Speaker 2: Hood's kind of making a big bridge there between the
- 32:20Speaker 2: trad fire world and the crypto world. I'm not saying
- 32:23Speaker 2: they're in a top coinbase or anything as the number
- 32:24Speaker 2: one crypto exchange, but they're gonna be up there, Robin
- 32:26Speaker 2: Hood's gonna do very well. So look for weakness in
- 32:29Speaker 2: the stock. Look for a small pullback. That's what the
- 32:31Speaker 2: whales do, buy the weakness because this stock has a
- 32:34Speaker 2: long way to the upside.
- 32:35Speaker 1: All right, let's hit up UNISWAP uniswap. Of course, sonium
- 32:39Speaker 1: users now have made up a third of uniswap users
- 32:42Speaker 1: in the past week. We've been talking about sonium over
- 32:46Speaker 1: the last few months and what this is going to
- 32:48Speaker 1: mean coming out of Japan. Of course, UNI swaps starting
- 32:51Speaker 1: to see some benefits from this. When you look at
- 32:53Speaker 1: uniswap right now, which has been doing well on the charts,
- 32:57Speaker 1: how well do you think uni swap can do by
- 33:00Speaker 1: year end on this one?
- 33:03Speaker 2: Yeah, good question here. I haven't done analysis like Union
- 33:05Speaker 2: stuff like that. In a little bit. We did have
- 33:07Speaker 2: a nice pullback here and got our by spot the
- 33:09Speaker 2: other day here, we had a nice zone of support
- 33:12Speaker 2: in this realm of nine to twenty, so we were
- 33:14Speaker 2: able to get in the other day or last week
- 33:17Speaker 2: over on that one. Longer term though, let's let's just
- 33:20Speaker 2: take a look at a couple of things going on.
- 33:21Speaker 2: We'll look at daily and weekly. That should tell us
- 33:24Speaker 2: end of month, end of year expectation. Just like a
- 33:27Speaker 2: lot of the rest in crypto space, bullish BY signals
- 33:30Speaker 2: coming in. We got the mac D about to cross
- 33:31Speaker 2: bullish for the first time. You could make an argument
- 33:34Speaker 2: for a couple to places. I'm gonna go back till August.
- 33:36Speaker 2: August of twenty five, that was the last time we
- 33:38Speaker 2: had a bullish cross. It wasn't even that big of
- 33:40Speaker 2: a deal. This one's gonna be a lot more, in
- 33:41Speaker 2: my opinion, like the July bullish cross, which was big.
- 33:46Speaker 2: I go all the way back over here to yeah,
- 33:48Speaker 2: over there our side. Let's get it back over fifty.
- 33:52Speaker 2: But on the Luxe Augo chart, green reversal, bullshementum, positive
- 33:55Speaker 2: money flow next couple of weeks. What does this imply
- 33:58Speaker 2: for me? This would imply I think a move back
- 34:00Speaker 2: up here towards this equilibrium. We're looking at twelve dollars
- 34:03Speaker 2: target on the short term next couple of weeks. Here
- 34:06Speaker 2: weekly chart, let's go take a look out here.
- 34:09Speaker 1: There.
- 34:09Speaker 2: Technically isn't a full blown BY signal, but with us
- 34:12Speaker 2: still having some moves to the upside, the short term
- 34:15Speaker 2: target would be the middle of this one, around thirteen.
- 34:17Speaker 2: So it's not that much higher than the daily but
- 34:19Speaker 2: I like to take a look at the higher side
- 34:21Speaker 2: of the weekly chart for a lot of my week
- 34:23Speaker 2: a year end goals are going to be in this world,
- 34:26Speaker 2: and I'm looking up here towards twenty dollars. Not quite there.
- 34:29Speaker 2: We're looking at like nineteen sixty, give or take. But
- 34:32Speaker 2: I could see UNISWAP coming back up to these highs
- 34:34Speaker 2: we had in December of twenty four, by end of
- 34:36Speaker 2: year back up to nineteen fifty, and then you know,
- 34:40Speaker 2: twenty twenty six, with this being one of the coins
- 34:42Speaker 2: mentioned by the government in recent reports, I do think
- 34:46Speaker 2: all time highs come for UNISWAP. We just have to
- 34:47Speaker 2: wait till twenty twenty six to get those.
- 34:49Speaker 1: Yeah for sure. All right, Tim, I'm going to put
- 34:53Speaker 1: a challenge against you. The challenge is this, we are
- 34:57Speaker 1: looking at chain Link and Swee head to head here
- 35:01Speaker 1: on interest over time and what you've got here. Of course,
- 35:05Speaker 1: chain Link has been very strong, but just over the
- 35:09Speaker 1: last little bit we has been kind of holding its
- 35:12Speaker 1: own in terms of interest. Which are you buying today?
- 35:16Speaker 1: I have nothing invested in the market, but these are
- 35:18Speaker 1: the two tokens I'm going to go in and put
- 35:21Speaker 1: ten k into where do I drop the ten k?
- 35:26Speaker 2: Yeah, you've done this to me a couple times, and
- 35:28Speaker 2: anyone who's watched this knows I've been a fan of saying, well,
- 35:31Speaker 2: which one has the smaller market cap? I'm going to
- 35:33Speaker 2: lean that direction in this case that belongs to sweet.
- 35:36Speaker 2: Here's the issue, Sweeze. It's twelve point eight billion at
- 35:39Speaker 2: the moment. Chane Link is only just blow sixteen billions.
- 35:43Speaker 2: So we're not talking about this massive discrepancy there. Chain
- 35:46Speaker 2: Link's higher, but it's pretty close. I'm gonna go chain
- 35:49Speaker 2: Link here. I'm gonna go with the hotter pick. You
- 35:52Speaker 2: guys know, anyone who's seen me before, chain Link has
- 35:55Speaker 2: been my darling. Now for about two years I have
- 35:58Speaker 2: been ringing the chain Link bell, telling people this to
- 36:00Speaker 2: change the world. I think people are starting to get
- 36:03Speaker 2: on board with that. People are starting to wake up
- 36:05Speaker 2: and understand, Holy cow, Chanelink has the massive potential. It
- 36:09Speaker 2: is going to be involved in every single movement when Web,
- 36:13Speaker 2: when the world of Web two comes into blockchain comes
- 36:17Speaker 2: into Web three, chain Link is going to be there
- 36:19Speaker 2: playing a part of it. I still think there's a
- 36:21Speaker 2: coin that's a top six to top five pick by
- 36:24Speaker 2: the end of the bowl market. When it comes to Suey,
- 36:26Speaker 2: I love Suey. I am a big holder of Suey,
- 36:29Speaker 2: but it's another layer one solution, and I think it's
- 36:32Speaker 2: very interesting. It's gonna have a lot of partnership, it's
- 36:34Speaker 2: got a lot of stuff going on, but it's got
- 36:36Speaker 2: to compete with the likes of Ethereum and uh Solana
- 36:41Speaker 2: and Cardono and Avax. And at the end of the day,
- 36:44Speaker 2: we're looking at Chanelink, the king of its division in
- 36:48Speaker 2: the oracles and real world asset space, versus Suey, who
- 36:52Speaker 2: has to pick up some crumbs from time to time
- 36:54Speaker 2: from the big boys who like to pick on or
- 36:57Speaker 2: like to go with Ethereum or Solana. I think Suey
- 37:00Speaker 2: is a fringe top ten coin. I just think Shaneleak
- 37:03Speaker 2: is a top fringe top five coin. And I think
- 37:05Speaker 2: there's more money to be made with a Chainleak investment
- 37:07Speaker 2: today than Suey. Come back to me here in a
- 37:10Speaker 2: couple of months after Chainleaks exploded, maybe I'm going with
- 37:13Speaker 2: Suey if it's lagged behind. But for right now, the
- 37:16Speaker 2: market caps are pretty equal, but the potential for chain
- 37:18Speaker 2: Link in my opinion, is still more than double the
- 37:22Speaker 2: potential that Sueiye has anytime, anytime in the near future,
- 37:26Speaker 2: I'm picking chain Leak.
- 37:28Speaker 4: Well.
- 37:28Speaker 1: The good thing is, Tim, we get a chance to
- 37:30Speaker 1: get you on the show. You don't hold any punches,
- 37:34Speaker 1: You let them all fly, and that's the good thing.
- 37:37Speaker 1: I mean, that's what people like. You know, a trader
- 37:40Speaker 1: that doesn't waffle, you know, that stays with their conviction
- 37:42Speaker 1: on where they're trading, and that's good for many of you.
- 37:45Speaker 1: And that's what I think a lot of people are
- 37:46Speaker 1: trying to get because everybody has different convictions, you know,
- 37:49Speaker 1: what they think is going to do. Whether you're in stocks,
- 37:52Speaker 1: or you're in gold and silver, or you're in crypto.
- 37:55Speaker 1: Everybody has their convictions. Those who kind of stick with
- 37:57Speaker 1: it and hauddle out usually are the ones that benefit
- 38:00Speaker 1: from it. So anyway, thanks again for coming in today.
- 38:03Speaker 1: We appreciate it absolutely.
- 38:04Speaker 2: Thanks for having me, Paul, You.
- 38:06Speaker 1: Bet all right, we'll catch you so, hey, you guys,
- 38:08Speaker 1: make sure and jump over into the Diamond Circle. This
- 38:10Speaker 1: is our own private group and it's absolutely free to join.
- 38:14Speaker 1: You can just visit Paul Baron Network. The link is
- 38:16Speaker 1: down below and we do a lot in terms of
- 38:18Speaker 1: dropping additional research and my own thesis on where the
- 38:21Speaker 1: market is going each week, so check that out and
- 38:24Speaker 1: of course follow me on x at Paul Baron. We'll
- 38:26Speaker 1: catch you next time right here on the Paul Baron Show.
- 38:29Speaker 7: Thank you.