Let’s go ahead and just dive right into our daily cryptocurrency analytics for today. We’re gonna be looking at different coin prices and see where prices are headed, and why the market is down.
I do want to address the tethered controversy as well with all of the different things happening with their auditing side of the equation Alongside with if this is the end of the bubble a lot of people are asking whether or not This is the end of the bubble so I definitely want to address all of those questions today We’re gonna be doing a book giveaway here giving away the Internet of money as well as doing a roo being above night out for All Ruby patrons and above all those links on the description below Then we’re also gonna have a little bit of a discord night out today It’s gonna be a little party in our discord chat So let’s go ahead and just dive right into it’s gonna be an awesome night, and let’s go ahead and check out these prices So currently looking here at our trading view chart This is our Bitcoin USD chart as you can see we don’t have any indicators as a trading view chart the links in the description below We’re gonna be inserting a couple different indicators here being that we’re looking at this correction and how steep it’s gonna head We’re gonna be utilizing the autofit today alongside with the average here the moving average exponential the RSI the three moving averages the volume And then we’ll go ahead and start looking at these price zones as you guys can see If you guys looked at my previous prediction I do want to pull that up here We actually are now hitting that buy zone that we initially started to talk about in the beginning And you can see we’re starting to enter that zone here where we’re heading towards this 200 moving average Which is actually right here in blue so looking at price levels in a technical standpoint once again the technical analysis isn’t an end-all be-all The technical analysis is just a gauge of a risk and reward pattern that has occurred previously through psychology, right? because most of trading is the psychology of Humans and and really how they react with risk and reward and that’s what these patterns are really For so looking at where we’re headed we’re heading into this buy zone that I’ve set out and now we’re heading towards that 200-day moving Average which is actually right here in the bottom of the Fibonacci line if you guys actually pull up this other chart That we actually took which was actually going through the different waves that bitcoin was following you can see we had this ABCD ABCD Hoping to get another a way, but that actually did not work out we was trying to go back up You can see it started to crash back down so that went ahead and broke this whole pattern Now heading back down you can see that moving average once again is right alongside with that Fibonacci line of course It’s not exact, but we are heading towards there So the only next rational support level is that 200 a moving average? Which is currently right around eight thousand eight hundred and ten dollars So that’s really where the prices are looking like it’s heading right now And if it does hit that level I’m sure we’re gonna find some sort of support there But the real question is are we gonna maintain support at that 200-day moving average And that’s a question that a lot of us would like answered up sure you can see RSI is not even below Just yet so it’s definitely not oversold in terms of the RSI And if you pull up the MACD we can actually go ahead and see where we’re at in terms of these Crossover momentum pushes you can see we’ve now just started to cross together with the MACD line at the fast enough slow line now Heading down and you can see this is an indicator that we’re still gonna see a little bit of some down and some downside with the prices over the next couple of days so You know my opinion with Bitcoin of course.
There’s a lot of factors here The tether controversy is something a lot of people have really brought up recently as you guys know I actually have this article pulled up here for some of you guys that aren’t familiar with a tether controversy But so tether pretty much is a way of hedging against Bitcoin utilizing the u.s. dollar Valuation which is with the USD T? Ticker symbol stands for and you can see the Friedman LLP is actually the company that audits tether because in tethers website They actually claim to have all of their coins backed by actual US dollars and this is really where the controversy lies so if you pull up the website as you can see they’ve got the CloudFlare pull it up here. You can see down here. It’s 100% backed quote unquote every ten There’s always back to one to one by traditional currency held in our reserves so 1 USD T Is always equivalent to one US dollar now people are questioning the fact that tether is able to really? Create or come up with all of this actual US dollar fiat currency to back their coin in such a short amount of time you can see how they went from almost nothing to over two billion dollars as a matter of fact billion dollars and people are questioning whether or not, that’s Even possible and you can see the tethered price is not at $1 right now where it’s supposed to be now on some exchanges it Is at a dollar as you can see oke oke oke X? BitFenix at least in the USD two USD t evaluation It’s a dollar but for most other pairings you can see it’s apparently under a dollar, and I think that has to do with what’s happening here with Bitcoin and People are very worried that you know tether is not able to maintain its dollar Valuation and as you can see here the last time they got audited by a third-party company which is Friedman They were actually held up they were Told to have 142 million dollars in reserves, but recently they’ve actually just now Kind of stepped away from this auditing company And they don’t actually have a relationship as you can see tethers relationship with the auditor Freedman LLP has dissolved according to a Saturday report from research and use Intensifying concerns about the platform’s transparency so of course not having an auditing Company to actually verify that you have those US dollars for consumers like us using the USD T Tether it’s concerning and you can see the most controversial allegation against tether is that its coins are digitally minted to purchase Bitcoin on the BitFenix exchange which in turn drives up the price in the world’s number one crypto asset drawing business as the cyber unit climb so this is a little bit more of a extreme you know acclimation against Bitcoin and USD T and how USD T can manipulate Bitcoins price, and I think that is also a big concern for a lot of people people are also talking about the Bitcoin bubble Right people are looking at this bubble chart saying this looks exactly like what we saw here.
You know in the past couple of months With Bitcoin if you actually make it look like that you can always manipulate the way the chart looks you can see people are saying Man this looks very similar to how the Bitcoin or the internet bubble was but you do have to understand There’s a lot of difference this year the internet bubble here pretty much peaked out at about three trillion dollars And that was at current valuation so if you look at today’s valuations of you know the inflationary value And how that has affected that price that’s probably looking at about 10 trillion dollars is really where this peaked out Not only that this was about a two year time frame So you can see the real run-up started here around 1997 to eight and then it shot up, and then pretty much peaked out Right there in March of 2000 where we really saw that pop and what’s interesting about this? Bubble is you can see there there was corrections along the way So you can see this was probably the biggest correction here there was a correction here.
There’s a correction here There’s a correction here, and you can see throughout this time There’s been these periodic Corrections So it could also very well be that we’ve only seen this part of the correction And we have all this to go right and the reason I say that is if you look at this valuation hitting Trillian today’s market valuations were under 1 trillion here with Bitcoins actual prices so you can see we haven’t even hit a trillion dollar market cap and that’s total market cap Bitcoin itself Has let alone in itself hit half a trillion so looking at bitcoins Valuation in my opinion this could very well Just be one little step one correction towards the real big correction that may occur because this is really Minut compared to the internet bubble and what occurred there? So I’d love to hear you guys his thoughts on that I know we have a live audience here So let’s go ahead and take some Questions and see what the live audience has to say about that because I’m sure some of you guys are You know talking about that in some way shape or form so let’s see here somebody said Next year don’t worry yet interesting somebody said What’s up, what’s up? What’s up tether connect? That is hilarious somebody says bleed So what do you guys think about the tether drama? Let’s hear.
Let’s hear what people have to say here about tether it’s answers some questions. Maybe somebody said Elliot waves Somebody says I told everyone about tether issue two days ago. Everyone was laughing. Oh, yes Sebastian You know the the tether issue has been pretty ongoing for quite a bit now to be honest with you I mean this has been an issue since November right I mean This is really November was when it really came to fruition when they had That huge run-up in their market valuation and people are like man. How do they print all these points out? What’s up, Josh get to have you Josh is in the house and egg Conner Briggs mark decal de Cal the sipping coffee, and I’m sipping this from Lacroix here Eric Gutierrez That’s nice the fact that the auditor could not verify cash speaks volume 100% Eric I agree in the fact that they’ve dissolved their relationship with Freedman LLC I mean the fact that they’re dissolving any relationship number one is a little bit of a You know concern in my opinion, and it’s definitely concerned for me Now for me personally You know I would say that I haven’t put all of my assets and back into the market of course Since you know this career began as you guys know I liquidated my profits.
I took what I could and you know I did put a Position back in around eleven thousand three hundred which I haven’t sold just yet being the fact that yes I’m worried in some regards about the tether you know incident how that can affect Bitcoin But at the same time I know that Bitcoin itself has its own valuation you know I was actually with the co-founder of Manero and the chairman of Kodak yesterday They were actually speaking at one of the events that I attended and you know Much much optimism is still apparent in the market right now. I’ll tell you that right now I mean it wasn’t even a facade. I mean you can tell that these guys Are you know they’re tunnel vision is the the forward thinking path for Bitcoin and cryptocurrency? It’s not necessarily looking back at what happened or what is going on? They’re looking at the forward vision looking at what’s gonna come to the market? What are the new technologies coming up looking at different projects talking about different projects? And you know you can just tell that they were very optimistic about the future Which I think was very assuring for investors like me and and the community of course like all of us, so Somebody says aren’t both tether and BitFenix non-us entities how can our government subpoena them? What does that even mean Markus Nemec yeah? Well, you know of course being the fact that these companies are outside the US.
There’s little that the u.s. Can really you know do in terms of legalities? I mean there’s always things that can happen the US does have some sort of control outside the border but at the same time You know a lot of these companies like if you take bit connect for example or how people were talking about the big connect Connor To controversy and comparing it to this tethered controversy the big connect controversy. I mean big connect They registered the company under many different individuals Quote-unquote promoters and at in that case you know there’s different liabilities.
I mean in the u.s. You can pretty much sue for anything so you know it’s really a Sensitive topic topic there somebody said there’s actually one still for me a cup and handle the tether room in it So he’s a stay lit fam tether straight wacky. Oh for real. Yeah, wit guy what keep it real name one true Love thanks, dude. Thank you Thank You Ben so he says name I watch the crippled millionaires video yesterday they were very sour on Xvg a coin we have discussed on this channel many times you grew their dislike of that coin Ryan Steinberg Um you know I think that they were more so Dissatisfied with the pump that these coins received like Tron and Virg I think they just weren’t as you know fond of these coins having such a huge run-up out of nowhere I think that was more of what their concern was because they’re really big on value investing and that’s something that I learned yesterday You know these guys are extremely you know diligent with the trades and the The coins that they invest in to the point where some of them are only investing in four or five coins I don’t know if you guys heard One of the individuals, I think the CEO of coin watch which is a huge Entity in this market.
He talked about you know only having four or five coins, so it was you know it was uh extremely eye-opening for a lot of people But for me it was something that I’ve always talked about you know I think it was kind of like you know something. It was just almost like repeating what I’ve talked about before It was very general. I think I got more out of the other sessions behind the table You know really meeting some of you guys that was awesome You know it’s talking to some of you guys But more importantly talking with some of these experts that you know are now having icos for example or even experts like even having the co-founder of Manero there, I think those conversations last night We really want to impacted me the most Hearing a little bit of what they have to say about the current market and you know really their their perspective is instead of investing in a coin you want to invest in a person because it’s almost like playing football right if you have a Quarterback that’s good and the quarterback is gonna get you to the endzone Then it doesn’t matter if the quarterback gets tackled along the way right.
This is a little bit of a tackle right now You know you see the market and the markets all red. It’s kind of like everybody feels a little bit You know disgruntled and not as good as they were feeling when everything was green and everybody was making money So it’s just another tackle right well. It’s in sync. It’s the same thing in football right you know I played football and I know in football You know you do have good place you have bad plays right if you’re playing a screen if you’re playing a Hail Mary Whatever your play is It’s not necessarily. How you get to the end zone It’s all about getting to the end zone, and I think getting to the end zone is important But the most important aspect of that is the quarterback because the quarterback can do it in many different ways you can play it you Can do a run he can do a pass you know he can run himself if he wants I mean There’s so many different ways he can do a lateral like There are a lot of different ways to get to the end zone, and I think having a leader An individual leading a company like vitalic beuter and for example that’s paving the way for the smart contract blockchain capabilities I think having that is the most important aspect of where you’re gonna invest your money because no matter what they can what I call divert right divert diverting is such an important aspect of business because diversion allows you to move and become adaptable, right It’s not about who is the fastest who’s the best it’s about who’s the fastest that? adapting to new environments and new technologies And I think that’s being that’s really the most important thing about this whole cryptocurrency revolution And then looking at these coins once again.
You know my belief system these coins are Completely you know Unfazed by what we’re seeing in the market the reason I say that you know I woke up today I logged onto my phone And I actually I was actually trying to send my mother some Some money for some stuff that she helped me with and she’s you know across the whole country right now for me? And I logged into my phone, and I went onto my cash app to send her money And I don’t know if you guys realize this, but if you open up your cash app right now You go to cash app This wasn’t like this before by the way cash app is owned by square you open up the cash app look you Go you go into the cash app and then you literally can click You can right you can click your profile go down and says Bitcoin Look at that Bitcoin, and I was like.
What are you kidding it? Literally says Bitcoin and I click Bitcoin. It says buy sell enable withdrawals, and I click buy and it’s up to $10,000 a Bitcoin. I can just buy up to $10,000 a Bitcoin just like that and I’m like this is awesome You know not only that you’ve got Robin Hood Robin Hood’s coming out with Bitcoin capability So you know I’m not saying I don’t have any concerns, but I am saying that There isn’t necessarily Anything that in a fundamental standpoint? That is you know going backwards for a Bitcoin right now. There’s just all of this stuff kind of hitting it from the side and You kind of have to take a step back and say well is there anything really like Changing for Bitcoin is anything going backwards because at one point it was worth $20,000 But now you’ve got all of these things matter of fact Not only is it not going backwards, but it’s going forward right you’ve got Robin Have you hacked the cash app you’ve got all of these different partnerships all these different companies enabling the technology utilizing adapting it Adopting I’m sorry so you know I Warren Buffett actually is one of my you know most Inspirational investors, I guess for me as an investor.
You know he inspires me greatly I mean he has over 200 billion dollars of cash assets, and you know that’s real cash that he hasn’t me He’s got a lot of money, and he’s invested a lot of money all he’s done is invest And you know I love his teaching style you know if you’ve ever watched a Warren Buffett video I would highly recommend it or if you’ve read one of his books You know I’ve personally dived into his mindset because I want to know as an Investor what is the right mindset? He’s a very very pure value investor. You know he’s not a day trader He’s not a swing trader Warren Buffett is a value investor does it invest in technology matter of fact he doesn’t have the best things to say about Bitcoin, but he also criticized the founder of Tesla and SpaceX Elon Musk and said that Tesla and SpaceX weren’t going to do anything And so he’s not necessarily that right in every aspect But in investing he definitely knows what he’s talking about and you know just one example of something that he actually said You know at one point in Warren Buffett’s life.
He invested and made a lot of money in coca-cola and At the time coca-cola was at a you know really low price. It actually crashed right and when it crashed Warren Buffett bought a ton of coca-cola shares and He was interviewed and the interviewer said well Warren Buffett. You know why are you buying much coca-cola right now? When everybody is selling it and it’s crashing right now. He’s like well. I woke up today I went to the store, and they had coca-cola on the shelves and I bought some coke, and then I went to the restaurant and they had some coke and inside the restaurant. I ordered some coke and last time I checked nothing has changed with coke coke is still being accepted everywhere and When it was valued at that price the higher price, it was accepted at the same places. It’s accepted now a matter of fact It’s probably being accepted at more places right now even though prices are lower Here’s like so in a fundamental sense coke is still a valid and I mean it’s a valid product It’s a valid you know in other cases.
It could be a service and Because of that I’m going to invest in it and if it’s at a lower price for me. This is a discount so I I relate to that With what happened to me today when I logged into my phone on my whoa so the cash app accepts Bitcoin now you know this is after coming from a cryptocurrency conference with the co-founder of Manero and the chairman of Kodak who’s just now having an ICO And their stock tripled by the way after the announcement of their I seal which Kodak kind of needed so You know this is this is really you know.
I’m not saying. I don’t have a concern guys I definitely have a concern. I think tethers complete BS. You know and the reason I say that is I don’t think they have billion dollars if they did why the heck did They dissolve their relationship with their auditing company the one person that could verify and validate their company and what they’re trying to do It may ruin that relationship.
Why they don’t have enough money to pay them. I mean you got billion dollars You should be able to pay them so that I understand, but you know aside from that. I think that there’s all this other There’s all these other nuances that we have to take and concert’ into Consideration super duties said this is why I come here love naive. Thank you, man. I mean I’m just speaking the truth That’s it. I mean you know. I’m just speaking the truth Somebody says If you don’t find a way to make money while you sleep you will work until you die yes, I agree so he’s testing says yes name the QB I was not a quarter I loved playing quarterback matter of fact quarterback was my favorite position however I ended up you know Playing other positions when I was actually playing football, but when I was playing street ball I’ve been out play quarterback all the time old-time QB Somebody says is do you ever move your money to USD team that market is red crashing mainly beats it CUSD T Matt Eye on if you use Gemini you don’t need to use guys You know you don’t even need to use tether anymore You know the real reason people use tether for the most part is because they wanted to avoid taxes Because at the time both prior to 2018 Utilizing tether was another coin, and you weren’t being taxed on coin to coin transactions therefore you were avoiding short-term capital gains That’s why the majority of people used tether now you don’t really need to use tether you can just liquidate back into u.s..
Dollars Like it really isn’t that hard to sell your Bitcoin for USD like seriously, you’re not gonna get taxed any lesser anymore It’s the same exact tax now I mean they’ve enabled short term capital gain taxes So you know there really isn’t even a use for tether to be quite frank with you at this point I mean in certain regards there, are you know for people outside the country some people have special cases There’s always special cases right, but for the most part for an investor like me.
I’m speaking for myself I don’t need to use tether you know I don’t need to use it to avoid taxes or anything because I there’s no taxes to avoid in reality right now, so Yeah Somebody says good work Nayeem bless you. Thank you Dean Akkad Somebody said Nick II love your channel very informative. Thank you, brother appreciate that Somebody says I appreciate your honest and personal opinion of the market as a whole.
This is the whole reason I watch your videos Thank you Kyra Knight appreciate that somebody says King hyeme, Eduardo Bennett ease you guys are giving me too much credit Seriously, I’m just throwing my two cents somebody says What’s the quarterbacks favorite meal? the raw the Roethlisberger That is hilarious somebody said haha waterboy, I wasn’t a waterboy actually no I was never waterboy I was thinking if I was I think I was injured once I may have done something like that, but Saudi says watching from Ghana, West Africa. I’m sure you are at this time, right So does this make Bitcoin great again? guys make Bitcoin great again We’re not gonna. Go ahead and do that Did you use or can you recommend a programmer to keep track of our date rates for tax purposes? I would use coin tracking coin tracking you can use coin tracking. There’s also a coin folio or some yeah coin folio I believe and what’s a better place to buy Bitcoin and transfer it to by Nance I would do Gemini or something of that nature Gemini you can you can liquidate into USD by the way guys don’t be dumb and you know like You know don’t don’t be written irrational in this market.
You know like at this point Jyothi at this point what I would say in the market is you know for me personally I am not buying or selling much I haven’t put in my excel in position you guys a lot of you are asking me here See me just ask me about an excel M position I haven’t put it in yet because of what’s happening in the market you can see we did follow exactly the path that we actually Have drawn out by the way Some people are freaked out of these USD valuations the Bitcoin Valuations are not that bad to be really honest with you look at the Bitcoin valuation since the toshi value Satoshi value have you guys noticed that if any of you guys taking the? Like if you guys are looking at satoshi value on these charts have you guys looked at the coin market satoshi value which is what? I primarily look at it’s not that bad a matter of fact There are some performers right now like aetherium you can see a theorems up Litecoin is staying strong.
You know go litecoin go iota Go Liske look at list taking off V chain proud of each chain even stellar only 3% down in satoshi value not bad You know it’s the handle is still there. I mean if you look at the Excel M Chart that we drew out I think that was the excel on chart that we draw is there the one with the buy zone No That’s it so you can see the xlm chart the handles formed exactly where we expected at the Forum which is right around this area Remember I drew out this line for you guys. There was a reason I drew that exact line out so The fact that we’re forming that handle right there, you can see that it’s now some green zone some green prices But I’m just being very cautious about this market. That’s just the truth guys You don’t want to lose money when you know the markets in a fragile form right now You know this is something that happened in the stock market back around 2008.
You know 2008. There was a huge crash you know if you guys don’t know you know this could really help you with your trading right now if you actually know the The past you know that could always help right so when you look here. You’re looking at past prices you go 208 You can see Oh 8 We had this huge crash here, so this is the Oh a crash? Some of you guys remember this some of you guys lost money this might scare some of you guys But this is Apple stock in 2008 and a lot like many other stocks There was a huge crash.
Here’s something that you guys might not know about the traditional markets I have a lot of knowledge of the traditional market so I can teach you guys some things on the traditional markets That’s where I started so the best days in the traditional market always Happen within two weeks of the worst days in the traditional market So that’s one thing in the stock market that a lot of people don’t know matter of fact the average S&P 500 portfolio will have around a seven – Sometimes a little bit higher than that percent gain over the year sometimes less than that But if you don’t take advantage of the four to six Good days of the stock market that ratio goes from around 6 to 7 percent down to like 4 3 to 4%, so The majority of your gains in the stock market happened on very specific days and those specific days those really big days typically occur after within two weeks of the worst days in the stock market so This right here is you know some of you guys went through this crash? But this for the stock market. This is a big deal.
You can see we were on a constant run You can see there was another crash a little bit of a crash here too this was 2000 so this right here was as you can see this is the dot-com bubble That’s how Apple held out on the.com bubble so you can see how it had this run up This hat had this huge run up, and then it crashed So you can see now though this crash in 2000 was nothing compared to what ended up you know happening to Apple, and you look at where it’s at now if you bought at any point of this price like of this uh you know of this stage of Apple’s shares or stock you would have been fine look. I mean we are at all-time highs now, right? We’ve been in a huge bull market over a nine year bull market now So you know looking at bitcoins prices, you know this doesn’t necessarily? scare Investor like me that has seen this time and time again, and you know at this point.
It’s become commonplace for me You know I mean You know I’ve seen this before I’ve seen this many times before and all this tells me is that sooner or later We’re gonna see some positive upside right because what is it gonna go negative, right? It’s gonna keep going down that hit negative You know I mean next thing you know we’re at negative 200 like that’s not gonna happen right and yeah I could correct 880 600 it can correct the 6000 it can correct the 6570 But regardless of where it corrects the point is do you still believe in Bitcoin? And if you don’t I don’t know what you’re doing in this market I mean if you just want to make fast money on something that can potentially make you fast money That’s fine, but the real money’s gonna come from the ones that Hotle right like that’s really the most It’s the safest I guess you can see safest play here especially if you’re only investing money that you’re willing to lose so Hopefully that helps let’s take some questions somebody says Strong hand people yes, Marianne 4/20 huddle Okay, how about for long-term holders yep somebody says CNBC hit Apple past few days sin feud or fun on BTC Somebody says he doesn’t like me oh I actually was pretty Surprised by neo.
I was listening to the Neos CEO. You know anytime I do my research my due diligence I’m only looking at the actual You know the actual things that the CEO or the founder of the co-founder are talking about the coin. I’m not looking at CNBC I’m not looking at coin watch I’m not looking at any of these new sites highly recommend you guys do the same thing by the way That’s really where I’ve been able to make my best decisions and neo You know listening to the CEO it surprised me quite a bit You know it made me realize that neo is very different than aetherium in a lot of ways You know neo is actually set out to be able to really handle a lot of transactions per second It’s it’s actually got the ability to handle millions of nodes Apparently so you know he’s you know that’s something that I didn’t even know about but he says that the scalability on Neos Is very big and it has a lot of potential in terms of scalability? so there are some things that I’m starting to really understand about neo that I never really understood before and just to be honest and I’m starting to really look into neo as a potential investment long term.
So you guys know. I love my investments long term you know like about you know as a value then value investor side of me is you know the Funnest part for me because that’s where you’re really optimistic for the long term because that’s where big money is made so Hopefully that helps Thank You Claude for the super chat brother ten bucks Somebody said present evil Donald Trump will be a two-term president that has nothing to do with this. I guess right Somebody says al blah name I can sense your humility from all the way in Florida keep it up man Love to watch these informational livestream.
Do you think bitcoin will hit that 200 day moving average? I think so you know I think we’ll bounce off of that. You know being that they were in this Fibonacci level we’re in freefall mode right Bitcoin think of Bitcoin right now with some goggles and a Parachute and just imagine a little coin looking like pac-man. Just flying down from the sky right now like wow? That’s kind of what bitcoins doing right now. I Mean that’s can it. That’s that’s literally there’s no support level 100 days gone the Fibonacci were right in the middle.
It’s open air for Bitcoin. Just saying Name would it be prudent to sell the negative. Hype and buy the negative news good re-entry point Um funny you say that Claude. I’ve got my buy position set up right here I got my buy prices right here man 10 10. I’m gonna buy it 10,000 I’m gonna buy it 93 and I’m gonna buy it 88 86 85 around this level I might raise this up a little as if 200 a goes lower, but this is my buy zone, man I mean any time I’ve seen negative price movements we’ve only had positive price movements after that right like you can actually go back and see Bitcoin when Before the huge hype really came into play Bitcoin has had this happen to it many many times you can see here You know this I mean this one looked just like right now, right? You could see we bounced off of the 100 day moving average clod you see what I’m saying, dude So it’s following technicals guy’s technical analysis was made in the early 1900s when the markets were actually volatile because volatility is actual emotions and emotions are what create patterns Patterns are actually a it’s it’s a risk and reward pattern of the human psychology That’s what patterns are made by and for so you know it That’s why we use patterns.
It’s because it’s you know you can see it like a double top right you go You go to our discord for those of you our discord by the way We are doing a roux being above Q and a night out tonight because of the conference I went to last night I’m not gonna be able to do a full-on Q&A in the voice chat with everybody cuz we already have over a hundred people in our voice chat by the way guys oh My gosh. I got a message today. Let me read this to you I Hopefully this lady doesn’t mind me reading this, but she said I just got a message today. She says Good evening, Nayeem. I just want to extend my gratitude. I’m very new to crypto only a month in however since watching your videos I’ve consumed so much knowledge for most on chart reading I’ve read through many of your resources and amazingly caught on very quickly I really find so much satisfaction in crypto love to learn more on day trading and making this my full-time job I’m currently a personal trainer and going through a lot my personal life at the moment so my income is a little low for now But I’m able to become a patreon however.
I’m looking for a mentor to help guide me I want to absorb all that I can learn and outs of this business and create a YouTube channel You’ve really inspired me And I can’t thank you enough keep doing what you’re doing because your impact surpasses anything You could even imagine very respectfully and then her name, and I’m like wow That means a lot and all that have you know comes from the discord you know And I’ll show you exactly why you join in one of these chats. Let’s listen to these people Look at that. I mean they’re Talking about liske just slop through you know so I highly recommend you guys you know get yourself in the community But we are going to be doing a roux being above night-owl for all rubies and above. We’ll do a Q&A tonight That’s gonna be in the Ruby Plus, so we’re gonna end a stream fairly early And then so you know this was a this was back here in 2013.
I was actually around when this happened This is really when Bitcoin peaked out went up to around thousand one hundred and two hundred and it dropped down I mean this was the time that I was trading Bitcoin Actually, I think this was right before I started trading, but I was actually buying and selling here I wasn’t trading I was buying and selling though. I remember it was a 300 for a very long time You can see stayed here drug it stayed around three hundred two hundred Before that it was right around 100 less than one hundred stayed and around that price level Stayed on that 50-day 100 a moving average jumped up And then you can see I mean it was down for quite a while from these all-time highs Some people thought that it was never gonna go back up, but then 2014 came It went back up You can see 300 back up starts going through a thousand breaks through a thousand and then now where we’re at so This doesn’t look that scary compared to what we’ve seen before or a matter of fact That what we saw was Moore’s us.
It was more traumatic. It was more dramatic and steeper so Let’s go ahead, and uh somebody says this channel blows you guys want to blow this guy off the watch this AK see watch oh Look at that he just got blown away from the channel We got space for haters, so he says how much you even know about these coins if you didn’t know about Neo moon Renato That’s not I mean you can say what you want. I mean. I’m I mean I don’t care like I didn’t know about Neo because I knew about Neo. I just didn’t ever hear about that I didn’t hear from the CEO, so you know stop assuming something. That’s not true. You always have great advice name. Love your videos Thank you Wendell appreciate that Name, what’s up? Can you look at litecoin? We’ll look at like coin Nick Bannister said Hahahahahahaha, so he says by AXI How do you how do you since in making profit trading all comes in down a rocket a nos Edney? Well, I’m gonna be honest to be my my I I have not hit my target yet You know I was actually trying to hit at least.
I think it was like 43% profits this month Based on the calculations that I typically do when I plan my portfolio out every month, and you know this month alone I haven’t you know gotten near the 43 percent mark yet Thankfully I’m not down because I was labeled liquidate I am down a little bit on the eleven three purchases that I made a Bitcoin, but other than that I mean you know for me personally I am very strategic with where I put in my entry and exit points And I make sure that if I have a feeling that something is going to go down I make sure to get a position either at a profit Or at a loss, but my profits typically cover that so In terms of how to make a profit in a downward market The best thing you can do a lot of people were talking about this today And they were talking about using USD valuations versus BTC valuations But you can make a profit in this market by just making profit on Coins like aetherium right if you were holding a theorem in the past 24 hours You’d be at a two point nineteen percent profit right now so that right.
There is pretty stout look I mean you go to this chart You can see there’s a ton of coins here that are at a profit right now against Bitcoin And that’s if you were looking at bitcoins evaluation if you go to USD it’s a little bit different There’s not as much obviously you’ve got a very Select few that are up right now compared to USD valuations But in Bitcoin valuation you’ve got some green right so take advantage of these green or the screen And then you can see the negative isn’t that bad I mean it you know well There is some negative of course, but it’s not as bad as the USD You know downfalls obviously you can see the USD valuations Pretty bad the one hour is green, but the 24 hours.
You can see pretty much all red Erik a Veritas is glad to be a patreon yes by the way I’m gonna be posting some new patreon content sooner Maybe hosting some stuff from the conference the panel with the Monaro co-founder That’s gonna be exclusive of course because that was recorded professionally And then not only that I have the Ruby and above night owl that I’m gonna release that went really good It was a really good, Q&A, and then we’ll also do a Ruby and above night owl tonight And we’ll do a Q&A session for what I learned at that conference you guys can kind of pick my brain And I’d love to answer questions on that too, so Now how does the weekly B to C chart concern you at all does it differ from what happened in 2013? Not at all 2013 was actually worse in my opinion Like if we were to do a week chart You know you can see it’s bad, but you can see here Even this right here in 2013.
It was pretty bad too. So you know I’m not really worried I mean I’ve seen this before right so It doesn’t differ too much in my opinion I mean this looked like it was only going up But guys you know when you’re going down You only can go down so far until you’re gonna start seeing this right you’re gonna start seeing some upside So you know don’t don’t get caught here when everybody’s gonna make some extra cash and then you’re like Oh, well, I was worried and I was scared to get into the market No, you know you want to be in the market when this type of stuff happens But obviously you can see it went down for a while before it caught back up so This is obviously a correction now the real question is When it does start to find support because it might start to find this type of support But in my opinion with the amount of volume coming into the market this year This is gonna be a very different ball game than what we saw here You can see the volume here was my new it was very small compared to what we’re seeing right now like if you were looking At this volume compared to this volume compared to this volume.
That was you know Just trumping the volume that we saw a year then you can already tell that you know what we’re gonna see eventually With more volume coming as the market is gonna be a lot more substantial But the one week chart does not scare me at all This is why this correction was completely necessary you see how the RSI here was so high Now you don’t typically wanna look at our sign a week, but look maybe our silo. Let this speak some sort of volume And now we’re finally back down You can see anytime we hit this level look at that right there Wow this right here check this out Look at this RSI support on the one-week This is actually pretty big. This is a big deal guys look at that This is technical analysis look at that We have a very strong RSI support right here around 50 51 you Can you can there are RSI support levels for those who that don’t know that our site support levels are? Existent people don’t realize that you can use this If you guys look here I’ll show you exactly what an RSI support is so if you google RSI support you can see there’s our site support levels too, so people don’t talk about the RSI support levels, but That’s definitely true you can always look at our site support levels Even our size look that you can go ahead and draw lines on those so You know that’s interesting right I’m not gonna call this the end-all be-all, but it pretty much lines up with exactly what my prediction is a big coincident I doing this by Zone in Korea and start to bounce back up so you can see right at that our side down here Right when it hits 50 ish it usually bounces back up so There’s that potential of that bounce back Does that mean it’s not gonna go any lower? I think I’ll go a little bit lower, but I’m expecting some bounce fashion That’s why this is my buy zone right? This is something.
I’ve strategically put in place about two three Maybe two weeks ago one week ago, and that’s what I’m expecting so Somebody says your name, can you be my mentor? al-ahmadi You can go on the patron man if you want to look at stuff Somebody says Hopefully recover as fast. I just came from there somebody says uh I Hate your analysis tbh Sean Hicks Well, you’re a hick Somebody says after watching a conference video one of the speaker’s made a very passionate remark there May be only five to eight solid crypto currencies. I’m curious. What do you think these five coins may be? Bitcoin aetherium for sure I think another coin was AOS.
They were big they were pretty big on EOS I heard them talking a lot about other coins. We’ll pull up this coin market cap um you know They did have some stuff to say about mineiro Obviously the co-founder was there, so they weren’t gonna leave that one out, but other than that I mean I couldn’t tell you what coins they were specifically talking about But I know for sure Manero iOS Bitcoin aetherium rip will are not rip on aetherium and Bitcoin Were the ones that they were primarily focused on didn’t talk much about rip or Bitcoin cash or card on or neo or litecoin And I don’t typically hear them talk much about that you know from the time that I’ve been with them, so Somebody says if you’re here for the long term then nothing to be scary.
Yeah, I agree What are your top icos in terms of I SEOs I do got a couple that I’m looking at right now You know I’m looking at titanium right now I’m looking at Omega 1 it’s actually done by Ray Dalio Steam Or some individuals from his team ray Dali ran one of the largest hedge funds in the world over 175 billion dollars And there’s a couple other ones the Odyssey protocol. I’m gonna be looking into soon And I’ll be posting that for our patrons and our trading alert So we’re gonna be enhancing our trading alerts as well for all patrons We’re gonna be doing more icos and stuff too, and I’ll be doing my summaries there, so Somebody says Oh name is getting lippy Does that mean? Jeremy Bates Anyone on here use any good IP stressors stressors gone again I’m not getting a lippy his name was hick.
That’s why I called him a hick. That’s his last name So I mean just calling him actually being a little bit respectful to be honest with you calling him by his last name You see what I did there, though Sometimes you just gotta smack some people on the face cuz they needed a little bit of reality sent inside of them Has a OS bottomed out tonight, let’s pull up yo ass good question Jeremy Bates Let’s do a OS y OS BT see Somebody says titanium is on a good price Zi Xiao Zi CL is a good coin in trade somebody said Um I mean, I wouldn’t call this a bottom out look at this RSI It’s definitely not bottomed out You know so Somebody says thanks, bro.
You should be drinking vitamin juice. That’s funny My man Nike what up Dave? McCormick Wraiths You got the Wraiths protocol on your last name, bro. That’s awesome. Now. You’re awesome man. Don’t watch the haters that guy is a hick Crypto d yeah, that’s how he’s not talking anymore. We scared him away That’s what haters do they come in they criticize and they leave, and they go back to their Hickey life Ha ha, so I I don’t think this is at the bottom yet You can see our size in the latter part of this so it’s at the top Looking at the 50-day if we were to actually calculate this pretty much around 20 30 percent away from the 50-day moving average What’s interesting about this is the EMA starting a curve? But it looks like every time they make curves it seems to run back up so This might start seeing more of a run-up and a BTC valuation I mean these coins are holding strong in my opinion most of these coins are all been strong look at these I mean you look at the BTC valuations These coins are green You know this has been a pretty interesting market recently the coins being affected by this in my opinion are ripple card ah know has been affected just minutely Nem has been pretty But beaten up over the past couple of weeks but coins like Tron Tron got beat up Even v.
Chain is still 16% down over It was seven days ago, but you can see it’s starting to see some some gain the past 24 hours up But the coins that are really prosper at prospering right now Aetherium has just been killing it guys. Don’t don’t you know don’t waiver a thing out of your Your vision right now like you need to watch a theory of I mean if you’re looking at a theme It’s it’s gradually going up and up and up no matter what I mean For the past 70s the past 24 hours in the past hour.
It’s been positive, so I would watch aetherium matter of fact Why don’t we do a quick etherium? analysis here And check this out and see where prices are headed here, so broke out of this just clear everything out here Let’s do a refresh this to a 100% fresh analysis year Services why you naming all my coins, that’s the Sasha just set interesting What do you do a video on indicators we had a couple videos and indicators by one of our analysts Marcus He actually just made another video. We’ll be posting that soon Somebody says What do you think about Excel and I love stellar you guys know me and stellar stellar is one of my favorite coins I think looking at their project really set my standards higher than ever Somebody says uh glad to see you’re working on your social skills. What do you mean? Somebody says that how’s the u.s..
Devaluation decided on a coin that can only be attained via BTC ETH You don’t have a u.s. devaluation other than the fact that you would want to transfer and do a crossover so It’s kind of like when I used to do forex trading some currencies you would do a double valuation on so that means let’s say you’re doing a For example if you’re doing saya coin versus e th e th versus USD on whatever ETH you get from that syuko and purchase so it’s just cross referencing Somebody says yo any thoughts on Rebane haven’t heard of repay, so he says you drink a lot of energy James Tony This is actually sparkling water. It’s called McCoy It’s just water you know you can drink this before you go to bed What we’ll go up tonight wine weirdos we got a couple coins going up. I think aetherium guys Let’s watch aetherium for a little bit here because check this out. We’ve got this huge run up It’s not being phased by Bitcoin. Let’s do it side-by-side comparison here, but look at that training.
It’s updated their chart I like it trainee of you stepping up their game Wow look at that So we can do uh let’s do a side-by-side comparison here, or a top by bottom comparison in this case here BTC USD Check that out isn’t that interesting so Looking at this chart This is going from March, so we’ll go to March here as well And then you guys can actually see the exact So look at that ever since bitcoin has been going down the theorem has been going up you guys noticed that Maybe a lot of guys aren’t paying attention you just focused on bitcoin look at that aetherium is going up I Don’t have any trash cans around me anymore Somebody says any chance you’ve seen the ICO criterium.
Yeah, I’ve seen that al Bob haven’t done. My due diligence yet Wine weirdos I very much notice, so he says how many hours do you sleep I try my best to get some sleep I was up until like a.m. Last night after the conference we had a little bit of a night owl afterwards like a real night out We went to the W here in LA Hollywood Somebody says that’s why Neal was going up How do you get involved in an IC? Oh yes good one morale so mr.. Gandhi noted something very interesting so Chinese aetherium right neo That’s what it’s touted as that’s where people talk about it as and that’s why Neos going up apparently because of aetherium and I can Definitely validate that in a fundamental sense, I mean there’s going up people are gonna want to invest in anything That’s comparative to that right so it’s kind of that. You know it’s that It’s almost like the fear of missing out inside of people that are like.
Oh my gosh. Well. If theme is going up Let me go to the next best coin And you look at coins like stellar You know you’ve got several icos if you guys don’t know like kick. You know the Kin coin the company Everybody that uses kick. They’re having their own coin and You know they went from aetherium to stellar so they’re not gonna do it on the ERC 20 platform gonna be doing on stellar now so Somebody says LaCrosses fire Lucroy Now i’m considering a thing is so much more than just a cryptocurrency Do you think it’s like leo surpassed bitcoin and market cap with the next couple of years? Amid savvy um I would say if theorem is a different type of coin, you know aetherium can create 18 million coins pretty much every single year So they have that inflationary system set in place and not only that Atheneum is meant to be a reward or a gas for developers on the etherion blockchain so It’s not necessarily like Bitcoin where bitcoin is limited in value in terms of market supply, and it’s also limited and you know How its created it’s all through proofs proof of work You know there’s no proof of stake in Bitcoin if their name is gonna Be kind of changing its approach over the next couple of years and especially as it develops.
You know that’s why I talked about the quarterback you’re looking for the best quarterback right and Vitalic buted in my opinion he’s the one individual in the market that I think has the the know-how or the genius inside of him I was watching an interview behind the other day and the interviewer was like So vitalic it was at the end They were just like so is there any social media platform, or where can people find you he’s like Just google my name, and that’s fine You know like he doesn’t even care about promoting his Twitter or social media or anything like that He’s not looking to do any of that He’s solely focused on the development and the future of aetherium and I think that’s awesome. I think that’s a great quarterback I think that’s it you know not not to get any sort of hate on this, but I think that’s the Tom Brady of Cryptocurrency right now so if I Talia Turin is one you know Satoshi, Nakamoto.
I don’t think he’s the best quarterback He was definitely a quarterback at a time, but you know you he’s kind of in the Hall of Fame now, so Somebody says can you please look at Genesis vision? There is a FX Expo Asia 2018? I would love your thoughts on gbt going Thank you for mentioning III could definitely look into it if it gets a little bit more traction It’s definitely something that I can possibly look into I Can’t do a technical now, or a IC o—- analysis right now.
I’m guessing that’s a new coin So Maurice is the Aaron Rogers of crypto? Samuel sands That’s fine, too. Somebody says David Poe. I think you have a great show no problems here Thank You Man Somebody says he was the coach yeah, I Love when you get nerdy and geeky and specific and stop dumbing it down He has already done LTC, so he says I’ve addicted to buying TRX. I’ve bought 25 bags Built up for an it was 30 cents nice, man interesting Satoshi was Joe, Montana, but ETH guy is Brady Yeah, so this is an interesting chart here, you know you can see The coolest part about this is the MACD on Bitcoin is low while the MACD on aetherium is high, so That could certainly indicate another reversal and this trend what I mean by that is if you look here The MACD for aetherium when it was on the downtrend was under while Bitcoin was over So Bitcoin was high while aetherium was low and then it flipped a theme is now high prices rose while Bitcoin is low and prices dropped so as You can see this initially started with aetherium dropping Bitcoin rising Dropping and then what would be next well, maybe this and this So maybe the next phase of this is Bitcoin rising Wow theorem maybe drops or levels down so Nothing, just goes up for other Forever and some of you guys have learned that lesson finally And that’s something I’ve talked about since the start of this channel and since the start of our live streams Nothing, just continuously goes up forever, and that’s something important to notate right so Hopefully that helps some people Let’s look at our ripple somebody wants to know what ripple is doing here XR PBT see it’s go ahead and take ripples price into consideration here as well some people will have a lot of money and ripple I Have some good news sir ripple Here’s my news here, so it looks like we’re finding some very strong support here on this 50-day moving average You can see we had a huge bounce back here if pull up the one hour you can see a better view of that You can see as soon as we touch that level we bounced right back up so that 50-day moving average really hit right down here right down there, and we bounced right on top of that so Ripple is known to find some sort of stability.
You’ve seen the past ripples had quite a bit of stability These run-ups kind of sporadically pushed ripples price back and forth and kind of shook it up a little bit and that’s typically what happens with these parabolic run ups do that volume and Now you can start to see ripples starting to stabilize these prices it has a head volume for a while sometimes not having volume for the for this amount of time it can lead to something good because now This can only go up right so expect some more volume soon here for ripple And that could possibly these prices higher and not only that we’re right on that 50-day moving average so I think that’s a strong support at least a Psychological support line right now for ripple as long as I can stay on top of that if it breaks below that then I would Watch what I’m trading with the ripple because it’ll most likely correct back down to this Either either that or I wouldn’t say good go to that 200-day or that 100 a in my opinion if we put the autofit bond What you’ll see? If there’s auto fit will go on here What we’ll just have to draw Let’s do our manual Fibonacci retracement here, so if you guys want to ever do a manual Fibonacci Just go to the top level draw it down to the lowest point of the wicks Yep, and you can see here Okay there you go So within Fibonacci levels as well you can see we found a little bit of support resistance around that Fibonacci line now We’re really following that 50-day I think if it drops below this we might go down to this level but most likely in my opinion will find support down here Around 64,000 Satoshi’s if we drop below this and the reason I say that is There’s something interesting happening here.
Where if you look at the green? the green right here is the 100 day and the blue is the 200 day and For a little bit of time the 100 day was under the 200-day moving average now What’s interesting about that hat that phenomena is? now that we’ve intercepted back together the 100 and 200 a are so close together that it almost doesn’t act as a Strong support level the way that Bitcoin acted against its 100 and 200 day moving average and the 50-day moving average Because they were so separated they had their own clear concise levels of support So you can see we found support on the 50-day, and then we found support on the 100 a and now.
We’re dropped under that Heading towards that 200 a so Hopefully that helps out a little bit somebody says The patterns only work on a long time skill or also in a minute skill for example Yeah, you can use it on a minute scale if you’re doing day trading It’s a little bit of a different, ballgame so for day traders Let’s say you’re day trading a volatile currency like this is pretty volatile right now a litecoin day trading is pretty simple you can first of all draw your support level so I Probably draw support right here, and this is a u.s.
Devaluation cuz this looks to be a little bit more volatile right now, but you can see We’re pretty much at these resistance levels, so we’re most likely gonna start heading down So this is the channel I would trade on right now if I was a day trading Now I would watch this channel. I would trade upon this so you know you can even remove that autofit So you don’t have to have that kind of distorting your perspective And then if you just watch this channel here like this You can see exactly where price levels are headed as they go up and down It’s almost like a ball right so you. Just watch it so ball bounces on the ground hits the roof balances again hits the roof So it just kind of follows this pattern and that means that if it starts to head down You can see every time the RSI hits a certain level – it bounces so You can also draw these support lines here, so if you’re day trading There’s a lot more lines that are going to be drawn That’s just the truth of day trading so if I was day training.
I would probably draw it out like that You can see there’s that sending support level you’ve got this channel forming. There’s a lot of different channels forming here, so We’ve got another support level right down here You want to draw all these lines out when you’re day trading because you can make money in every single aspect here Like especially if you’re trading a couple thousand dollars within this all you got to do Draw out these lines and literally just trade within different channels different support resistance lines You can make you know a couple percent and here and there and that adds up over time You’re very welcome in us, thank you for asking brother Gabriel Emilio and says just got back just got home from work. What did I miss name? We talked about tether we talked about Bitcoin we talked about aetherium, and how it’s opposing bit corner now It’s going up, but now it might reverse We’re talking about Bitcoin correcting out – it 8600 potentially we’re talking about tether controversy tether Dissolving relationship with their auditing company I actually just came back from a conference Had the co-founder of Manero there also had chairman of Kodak just add an ICO We’re gonna be doing a Q&A so all patreon discord rubies and above so if you’re a ruby and above so Rubies sapphire emerald and diamonds we’re gonna be heading over to the ruby plus section here on our patreon for those of you not pay Treants not rubies you guys are fine you guys can go to the voice – We got a ton of people here in voice – you guys can come in here We got over a hundred people already in the chat you guys can come in interact And they were all somebody today was calling out icon I think that everybody here made money today on icon so I’m not promising any sort of results the results may vary this is not financial advice but I’m telling you right now.
They’re people. I mean, it’s not a pump and dump this isn’t a pump and dump No If you do it by the way if you post a pumpin double you get banned automatically no pump and dump still out here But they are talking about actual fundamentals or looking at different charts. They’re analyzing it. They’re saying hey, you know I’m calling this you know. This is a clay This is a good play, and they’re making money so highly recommend you guys get on our discord I’ll post a link here in the chat or in the description the description so Somebody says how do you become a ruby? It’s on the description so we have we get we do trading alerts for all of our patreon So far we’ve been doing some revamping, so we’re gonna be revamping that and doing some some different type of trade alerts soon trade alerts that can really help some of the newcomers, but When you go on the patreon website the link is in the description There’s different levels so that you want to make sure if you want to come to the night owl your Ruby, so The Ruby is up here And then you’ve got a ton of different places so if you’re a golden above you get the trading alerts So hopefully that answers your question We talked about Aaron Rodgers.
Yes, we did talk about Tom Brady and Aaron Rodgers Somebody says uh you Mentioned being able to see when big money is buying any thoughts now Rick um let’s do the one day really quick and see But there’s not much volume coming in just yet It doesn’t look like we’ve seen too much buying a Bitcoin recently So I don’t think the money the big money has really come yet if you want to watch for that I would watch the volume and then also watch for the RSI for some large spikes cuz anytime there’s high volume You can see any tenders high volume look the RSI starts to spike So that’s how you’re gonna look for those institutional traders So it says uh Brady baby That is hilarious Thanks for the for your work man valuable the very welcome me Ross Thank you, brother can Tron rebound it can but I don’t know when that’s gonna happen Kyra, you know looking at Tron It’s the right chart Wow very zoomed in here TRX PTC There you go Let’s go ahead, and I’ll clear this baby up Interesting so this is a pretty good chart here.
You can see we’re right on that 50-day moving average So what I would do in my opinion if you want to possibly make a quick trade This may be a good time to buy tron. Yeah, I can’t believe I’m saying that but yeah look at that It’s right on that 50-day moving average, so this is the 50-day moving average All you got to do is set up your stop-loss right under so if you put a buy purchase in Tron just set up a stop loss right under it and You’ll be fine right so set up a stop loss right down here right under the 50-day I would do an alert so just right click add an alert like that don’t do an actual stop-loss because with this volatile market these wicks go really far down and they can trigger their stop losses, and it’ll be a false stop-loss, but Looking at this chart on the one day I mean we’re right on that fifty days, so you can see what happened previously when we touch that 50-day.
It’s almost like a trigger Just a trigger of positive price movements, so there’s that potential Play right there This is one play out of many you can see the RSI even when I hit this was right at 44 And we’re lower than that right now, so there can possibly be another quick jump that breaks that though it will probably go down So Iran is pretty easy Typically that happens when you see this consolidations, it’s easy to predict where you’re gonna find support where you’re gonna reverse Five ducati How do you liquidate your coins? Could you teach me? Please? Um just sell them, bro You’re very welcome.
Crypt II crypt DD Benjamin said Tron is a joke Tertullian said Tron is a garbage coin stop being fanboys What do you think of icx and how will do after the conference tomorrow, there’s a conference happening right now I don’t know you’re talking conference happening right now for icx. They’re live right now actually They’re alive Do you think beatsie would bounce off the Trinity moving average, I think it will Brian for sure I think you’re balanced is it gonna find support most likely. I mean if he goes under that that would surprise me Somebody says where will it go? And understand Brian I’ve also got my bi level set up here so here pretty much my bi points here right now For Bitcoin, so I’ve got certain levels of where I want to buy And I’ve had these levels for a while now It’s all based on the technical This is FY you kind of lagging every now and then Really, hopefully not Has this stream been pretty good guys in quality cuz I actually change some of the settings.
I made it 1080p and stuff But I i’m using my GPU now more than ever so I was using my CPU, but now I’m using my GPU Hopefully, it’s still good though, so I’m trying to fix that microphone issue that we were facing You’re very welcome Brian thanks for being a longtime viewer here brother Somebody says favorite coin electra Neum buddy if you mean like altcoin I’d say electron you like if you’d say under a billion dollar market cap the left-turn him I Love a luxury. I think prices are high, but I still like the coin I Got it on it pretty early so we Can hear but freezes every little every now and then audio is good. Yeah, just webcam Some lag here in Australia sound is fine, but video skips great work. I’ve been training for us This is not that good bro fine for me usually better quality interesting I’ll have to see what I can do then to fix this up a little bit So it’s the stream is terrible laggy really Ok we’ll have to fix it then Yeah, what we’ll fix it up, I probably have to lower the bandwidth just a little bit, sorry about that So um some reasons respect thanks for the knowledge you’re very welcome tahoe Roger in the house our Melvin me Ross Jeremy Bates says what do you know who do you run a one-day charter is a one-hour chart? Why do you run a Wendy’s rate it depends on what you’re training during your swing trade or day trader or value investors Different types of traders there’s also different perspectives there’s different viewpoints of different patterns.
You know there’s a lot of different reasons You know you just have to find out. What chart you’re liking the most you know I like to look at one day’s because it gives you a good pretty good overall viewpoint on overall price levels That’s probably not the best if you’re a swing or a day trader Kyra said it could be the the viewers connection and not you yeah guys you guys gotta upgrade those download speeds Yeah, you might be right, thank you Kyra for mentioning that I’d love to see you Kyra at the night owl Oh, I don’t know if you’ve ever been to one of our night owls you – jamol Fig house you should be out there, man.
We’re gonna start heading over there Thank you guys for tuning in tonight, but yeah We’re gonna be heading over a night out because I want to answer some of the questions You can see where you got some patrons there So all rubies and above’s we’re gonna be the Ruby in a buff if you’re not a ruby. Don’t worry there’s also a spot for you guys voice – You got tons of people here the link is in the description for the patreon I got my moderators handling this so as soon as you come in They’ll welcome you you guys can plug in your microphone.
You can listen in on what’s happening. This is pretty much. What these voice Channels do you go in there you can talk this HSN, so he’s given all the great It was I’m sorry hang on it was So they’re talking about different coins there so yeah guys all that knowledge is there waiting for you you guys some talkin interact Not only that if you’re rooming above we’ll be doing a Q&A so since I just came back from this conference with the Monaro co-founder and the chairman of Kodak I want to answer some of the questions you guys might have for me on what I learned and my perspectives on different things so Hopefully this helped out you’re very welcome Jennifer Hearts back to you Thank You Jen Fake-out says have an issue with the discord link man.
Idk um. I’m not sure you shouldn’t have an issue with this cord link You know I’ll invite you. I’ll put another invite link on the chat. Hopefully this will work a little bit better, but do apologize Whine weirdos good show actually well done. Thank you man, try my best Awesome are most people in here learning day training in swing training from you. Yes Lagging here too, so he says if you want to invest one hundred and thousand dollars We’re to used to just to put it I would say diversify that al here assets 25% in Bitcoin 25% in etherium Maybe you can put 10% in the top ten 10% of top 20, but 5% top 35% in top 40 put it another 5% of the top 15 of the last 5% the top 60 coin and then pick whatever coins you feel comfortable picking Based upon the quarterback right the leader who’s leading the coin cuz the quarterback gets tackled As long as they know how to get to the endzone, that’s all that matters.
It’s not about the technology It’s about the quarterback so people forget that but if you guys invest in startups. You know what I’m talking about All right Roger so he says market manipulation is the problem? Interesting Thanks for the steady hand name for sure Thank you Robert appreciate that Make it work, dude awesome Somebody says thanks, you’re very welcome Dennis all right guys any other questions Johan you’re very welcome brother So he says 103 carmine Tom Brady, baby So do you think it’s a good time to buy in BTC right now crib D. Um? I’m putting in some bias At SN. Mahalo Thank You Eduardo Fernandez Rodriguez if you’re important Rico by the way you have 4% taxes there you’re lucky a corporate tax Then you have 0% capital gains tax You won’t get charged on any capital gains if you’re holding your coins for more than a year, so you guys are lucky 50 percent to Bitcoin is very very important Interesting How does Forex play into crypto trading? It’s all the same analysis john dimaggio I mean chart analysis is universal for the most part.
It’s all psychological because psychology is International so risk and reward it’s how people react right so you make people feel a certain way And they react a certain way And that’s the exact same thing with the market so if a market access certain way there’s patterns Because the majority of the market will act a certain way But the problem comes when you’ve got an institution that puts a sell order for five million dollars It doesn’t matter how the stinkin market hexed at five million dollars that seller is in to bring the price down so That has nothing to do with psychology and emotion. That’s called market manipulation So Giovanna what do think about XRP I think we’re heading down to the 50-day moving average like we talked about so we actually covered XRP We’re bouncing off of that. So just kind of play it the same way you play truant set up that stop-loss it might Potentially bounce off that 50-day nickman Nell said who’s going to win the Superbowl technical analysis? That’s funny Why crypto no Forex Adrian his forex is not as volatile as crypto right now So here’s more money in crypto even at these price levels.
There’s more money to make all Right guys for all rubies in above I’ll see you in the Reuben above night owl we already got tons of people here right now for all of you all else will be in the normal night owl the voice – Thank you guys for watching this We’ll have some awesome videos coming out soon. We’re posting some new patreon content tomorrow tons of new content will come out tomorrow I’m still rendering. I’ve got some editing to do and that’s all gonna come out We’re gonna be doing a piece from the conference the Monaro conference from the male co-founder and what he had to say I’m gonna be posting uh the highlights there I’m also gonna be posting the Reuben above night out the Q&A that one went really good And then we’ll you know continue on with the trade alerts as well, so For those of you not on the discord love to see you guys there Somebody says homie just left like that Rolando. Yeah, thank you guys for watching and like always snipers out.
As found on Youtube