Transcript
0:00 Hey guys, welcome back to the daily crypto market update. I'm going to keep this thing as short as possible because things are flying at breakneck speed right now. I want you to know that this is an incredible opportunity. Bitcoin fell down 4% because of confirmed previous rumors now confirmed as facts that Binance has been hacked for some ungodly amount of stables, gold, and just a little bit of cryptocurrency. H. So, the funds are SAFEU, which is nice to know, and they're going to be reimbursing everybody that has lost funds or that were stolen from. But here's the bigger thing. Bitcoin has broken the bull flag.
0:37 I know that some people still don't think this is a bull flag. Oh my god, Google bull flag. So, we're now looking at a massive drop. The price fell down to as low today so far as $76,658. I've told you over and over, if it goes up, I'm happy. If it goes down, I'm happy. You literally cannot make me upset in a market like this. And this is fantastic. It does a couple of things.
1:08 It takes off a lot of boxes and it gets us closer to the bottom of the flag. Now, not the flag, the TBO slow line. Why is that such a big deal? This is not our first rodeo. For a lot of you that have been doing crypto for a while, especially if you're here three years ago, you remember back over here we had the Silvergate stuff, all the crypto banks, and the price of BTC dropped all the way down to the bottom of the cloud in a very quick and scary move only to shoot all the way back up because the slow line was curling up.
1:44 If we go back to 2019, back to about almost the same time, we saw a beautiful recovery and we had some pretty scary pullbacks here as well, down 20%. This is the final one in June, down 30%, and it still rocketed back up. The slow line wins in the end. And if we zip to where we are today, the slow line is still winning. It's actually curling up even more, believe it or not. Oh, and it gets better. If we close down today, I'm going to be tipping my hat to all of you in excitement because Bitcoin will be flipping oversold.
2:23 This is such a good outcome. I have today is just nice black coffee and you can wash windows with coffee to get a nice warm tinge. ask AI about it. AI always has some good biased confirmation responses to whatever question I ask, which is amazing. But anyway, you want to see Bitcoin stay here and actually go lower. You want to see RSI go oversold. The more Bitcoin goes lower and we get a confirmation of being oversold on RSI, we flip the Mother 11 script just like we did back over here in May and June. And we saw a huge move up to where we were crazy overbought back over in August. Then we saw lower highs on RSI and now we're oversold. Like this is all golden. This is all good volume. Surprisingly low. Is this the best you can do? Really on a huge panic event where so much money is stolen out of funds, all this stuff. And we only saw volume yesterday go up to 1.8 billion.
3:32 That's it really. That's kind of weak, but whatever. Here's the thing. The slow line is a wonderful, wonderful target right now. And that is still another 6% lower down to 71, just under $72,000. I'm not saying that the price is going to go right there. It actually could go a little bit below it, which is totally fine because we are in the recovery year phase. This is good. This is all par for the course. Now, the next the next level that you're going to want to be watching here is this pivot low from there we go the 15 15th of September just below 75K.
4:14 We'll probably see a short-term bounce off of that and then we bounce back up. But again, like this just keeps getting better. We have an open short in progress today. We still have to confirm it 22 hours and 20 minutes later, but that means that we're just going to be getting another close short. and we're going to get another open long. Like, it's all good in the hood. Like, there's literally nothing to freak out about right now. But here's the thing. If you're not trading with a community and you're not being forewarned about stuff like this, there is literally I mean, you guys just don't understand how much collective knowledge and experience we have in the club. I've been trading crypto since late 2017. Been through bull and bare market chop and drop. This is nothing new. This is actually one of the most exciting times. I need you to start to turn on your noggin. Pay attention to your stomach. Use the journal because days like today where markets start to drop, where you're starting to feel sick to your stomach, where you're going to be questioning all of your life decisions, these are the days when you buy the dip. These are the days when you go, "All right, let's go."
5:17 And I'm not saying to take out loans. I'm not saying to put your mortgage up again. Like, I'm not saying anything like that. You only trade with what you can afford to lose. But if you guys been paying attention to all the stuff I've been saying about a possible draw down, about a possible drop down to the slow line, you should be sitting pretty. I've added to positions. I'm very excited to add way more and buy on the dip as you should be as well. That should be your approach right now to the market. Ethereum dropped 4.5% and do you remember this big jump in Tibbo support from $1,500 up to $2,300?
5:56 Well, the drop yesterday confirmed it to be bearish momentum. So, it's a four and a half drop. And here's the kicker. Ethereum already went oversold again. It was already oversold back on the 8th of October. Now, we're going lower. So, that level to beat is 20.23. We're already at 18.97. Cool. We're almost at the bottom of the mother loving cloud. It's almost like this fair value gap just wants to get fulfilled. So, this is all good. This is literally all good stuff. Now, if we put on our short-term FIBS, nah, we want to do our 2025 FIBs. Yeah, we lost the 382. The next target to look for is just under $2,000. We're Here's the thing. Here's just let me just make it super duper clean. plain and simple. The moment we drop below the cloud, we are crazy oversold. It is a buy the dip big time exciting activity huge historic moment because the slow line is still crazy strong macro bullish. This is the this is the inverse of literally what we saw back over here when all of you were going all crazy.
7:04 we saw here we go when we saw Ethereum dumping during that time and then we saw a counter trend rally back over here from February up until May. The slow line which was then down but we're just going to look at it with bullish glasses because it's easier to look at markets bullishly which is why the invert tool is so helpful. When we have a counter trend rally we're getting closer and closer and closer to the bottom of the slow line or near the slow line. That's a huge huge opportunity to buy and then it just goes up again.
7:39 Well, obviously it went lower. But countertrend rallies are a gift and we are looking at a major counter trend rally. Now, this is the most interesting part about this move so far. Ethereum from the top on the 21st September to where it is now is about 22%. This is ticking off a ton a ton of boxes because the typical pullback for Ethereum is going to be between 20 to 25% when we're in recovery year when we're when we're in a rally year or rally phase. I know that a lot of people are feeling really frustrated and upset and they're wondering is this going to get better and it already like lost support and all blah blah blah. Pay attention to your emotions and use them to your benefit. This is already good.
8:23 This is already very very good. Now, here's where it gets even better. Oh, and I love it. look, we've been waiting and watching for Bitcoin dominance to fall. Now, we get some crazy volatility because of volatility in the market yesterday, but what do we already know? We already have a bearish RSI reset. RSI is falling lower. We're just waiting for the price to catch up. And what do we got today? We're looking at a TBT bearish divergence printing on the chart. Yes, the slow line is curling up. I'll admit that. But the last time we saw these was way back over here in May, May 8th on the 13th and then a divergence cluster on the 15th of May and we saw a massive, massive reversal.
9:06 That was when we had a big drop. But I don't care. This is still so good because if dominance is moving away from Bitcoin, it's got to be shifting somewhere. And we're looking at stable coin dominance shooting up yesterday to a high of I always get the hiccups because I get too excited at at 9.786, but it's even going higher today. We are almost these levels right here should look really familiar to you. If you've been watching for a while, you know exactly what I'm talking about. On the weekly time frame, we have had a lone wolf up here. TBO closed long from the week of the 17th. This has been the one hold out that I've been saying, you know what? If we lose support, great.
9:55 I'm happy. If we go back up, that means that we're going to close or fulfill this close long by flicking the fast line, which is now at about we'll just round up to 10.1%. Which from here is only another 2 and a half 2.6% up higher. Once we hit this guys, then we're going to see this chop and it's going to go lower. How could I be so foolish? How could I say something so dumb? Right.
10:20 How dare you, sir? How dare you? Let me go back to 2020. Oh, not 2021. My bad. 2020 three. Oh, no. Actually, yes. Sorry, sorry, sorry, sorry, sorry. Here we go. So, we saw Oh, yeah, it was 23. So, we saw something very similar happen back over here in January on the 9th. We saw a close long. I made a video about this about two months ago. Saw a close long. That was it. And then it took months, well just a couple, but it took a while until we saw the price or this in this case eight weeks, four or two months, whatever for the price for the chart to flick up to the fast line. Once that happened, then big fat correction. It fell lower. Did it again.
11:02 Did it again. Did it again. This is just part of it. This is so good. And we're about to see this happen right now. So here's the thing. Once once stable coin dominance combined flicks that fast line at about 10.1% you guys should be really happy and recognizing that we are in a big buy the dip moment. Now total E50D confirmed an open short on Thursday falling down 3%. Yes, also getting beat up real bad. This is part for the course. It's normal. But now we are confirmed oversold again. You should be happy. This is where we start to stack our positions. Totally 100 already oversold and it's just going lower.
11:45 Good. Bring it on. And this one even went to TBO support. This is this is a beautiful setup. And look others dominance wicked up yesterday to a high of 8.46. How is this possible? It's because alts while alts will fall. The top I'll say like the top 50 are going to really exaggerate whatever Bitcoin does, but others takes into account everything below the top 10. A lot of low caps are going to go absolutely insane. Look at it today. What do you notice today? It's actually above resistance. It needs 22 hours left to confirm, but this is already good stuff. This is already beautiful. I still expect others dominance to go all the way up to 8.75% to go up to 9% go up higher. This is so good. We could honestly just stop the video here, but you guys have requests.
12:38 The main thing you need to know right now, yes, the market is reacting. The total the total ES chart confirmed an open short on a 4.45% drop. We're falling down to the same levels that we saw on the 15th of September. Things are very short-term oversold. In fact, they are technically oversold on RSI, which is awesome. Yes, this is good. We could still see this fall down another 5% and that would be even better cuz once we get down here to about 2.1 trillion we'll be below the cloud and we'll be at good short-term support and then we bounce. Total 3 ES BTC is looking beautiful.
13:15 I know that total E50 and totally 100 this one's even at the bottom of the cloud already and it's already oversold on RSI. Totally 100 is already oversold and it's below the cloud. It's strong bearish. This is a buy the dip opportunity. The other's market cap also fell down yesterday. open short 4% down, but it's right at historical support. If it falls down another what, 5% to the slow line, another 8%, so be it. Do it.
13:38 Go. Do it. I dare you. I double dog dare you. Literally, you guys cannot phase me right now. This is so good. This is literally a DCA trader dream setup. Oh, and by the way, others BTC is working on a TBT bullish divergence today with an ascending. That's right. I'm moving up slow line. We're good. This should be a buy the dip paradise. Be excited. Oh, and by the way, the US dollar index. Yep. It got rejected from TBR resistance on Wednesday printed a second TBT bearish divergence. Yes, the slow's moving up. You don't get it because this is the same exact thing that happened way back over here in July until finally we saw a big fat rejection which gave us a big fat bounce in the market. Oh, and by the way, did you happen to notice that the Dixie fell inside of the cloud yet again today?
14:36 The euro is looking great. Assuming that the Dixie is going to fall more, we're going to see a TBT bullish divergence print and be confirmed on today's candle just like back over here. And then we're going to be moving up to the top of the cloud about buck 15. USD JPY is wicking down back below the cloud. It's going to go in strong bearish mode. It's going to go down here to 152 assuming that the Dixie is going to fall a lot more, which it should. S&P futures is down a bit.
15:03 The market's taken a little bit of a dip. This is nothing compared to what we're seeing in crypto, but again, onbalance volume is showing us a very, very promising setup. Even if this closes down red today, I don't really care. It's still looking very good on the weekly. Just keep in mind this chart is insanely strong bullish. The price has just fallen down to the fast line. We're not even inside the cloud. This is this is literally nothing. This is like pancakes and waffles and and butterfly kisses over in the stock market compared to what we're getting in crypto. But that's part for the course. That's normal. Nvidia, just so you know, Friday's opening is going to be rough if this actually happens because Nvidia is down after hours big time. It's now below, it's 3.11% 311 below support. If it opens down here, this is pretty decent support and it's going to be dropping below that.
16:03 It's still macro bullish. I want you to hear me loud and clear. And Nvidia is one of the strongest charts for Tradfi. The last time we were crazy oversold was back over here on the 20th of July and it whipped back up. I don't see any reason for it to be different. If things get even crazier, guess what? We buy the mother loving dip. Oil futures is up. It's up now. Working on a new high. This thing is crazy. Is it overextended yet? Not yet.
16:31 We're going to be seeing an X pretty soon though. We are now 1.2 two times above the baseline in terms of time above the cloud and 1.7 above the baseline in terms of the move it's due and that's the TBO pro by the way just gives us a little bit more insight gold is down silver is down but not much not as much as crypto is guys there's you should be super excited about days like today all right you need to be prepared for days like today and I've been doing my best to prepare you for both directions. This is where the magic happens. You I'm genuinely excited for you guys to see how this thing plays out. And if you don't know what I'm talking about, literally, this is what I talk about in the recovery year playbook. I've been talking about this thing for weeks. If you haven't grabbed it yet, get it. It's free. Go to the website, go get go here to the tools, and you go to recovery year playbook. It's fantastic.
17:27 Also, check out the Better Traders Club. I mentioned it before. It's way more than a Discord server. There's tons of tools, services. There's over 3,000 alerts for the TBO. There's the November watch list which I'm wrapping up today that I get to share with all of you in the club which I'm really excited about which also comes with DCA backester templates. I am super super excited for what's coming and you guys should be too. And there's way more happening for the club that I can't get into but there's a lot trust me. also the Better Traers journal, like I was hitting at this, yes, we have the paper journal, there's the physical journal, but you can also just download the app on both the Apple App Store and also on Google Play.
18:05 you should also check out Call Sheet Per if you can and you're eligible in the right jurisdiction. You should consider consider signing up for Call She with the link below. So that way, if you trade $50 on Call Sheet Pers, you're automatically entered to win a $500 trading bonus. And even if you don't win the bonus, you're still going to get a $25 kickback. The same thing goes for call sheet pers where you can trade bitcoin ethereum but you can also trade precious metals. You can trade their own their own trad indices as well as oil. And if you trade $50 on their prediction markets, you also get a $25 kickback. By the way, something that's just really interesting that popped up on the timeline, it's not just crypto that's seeing a little bit of fun stuff today. Intel is down like crazy after hours. Amazon is down like crazy after hours. Reddit is down like crazy after hours. We're about to see a massive, massive dip by opportunity. You guys should be very excited about. It's difficult to get excited if you're not prepared. I admit that. But this is why I've been teaching my method for DCA, which I think is the best. It makes the most sense. And it doesn't feel good at first to inch into a position with only 17th of your total possible volume. But when you have two more lots ready for you and waiting at lower prices, one two and four, you've only now, for instance, with Walrus here, you've only now been exposed to 37s total of your total possible volume, which means you still have 40% down here ready and waiting to buy the dip. So, you're not even underwater by that much.
19:47 you're still ready and waiting and very excited to buy the dip. What I just want to get into right away, and again, I'm trying to keep this video short so that way I can get this out to you. I started a little bit late today, but it's just because this is such an incredible market and I need to make sure I get this to you guys. As I show you these charts, I need you to do two things.
20:06 Identify where is the slow line and where is TBO support. The slow line is the slowest of the four moving averages here for Walrus, which is down at right here 0.03106. The price is well below that. Cool. The next level, and this is where we need to start placing bids today because if the fear, uncertainty, and doubt of the FUD starts to get really ramped up today, we should be drooling and salivating over another opportunity to buy like a 30% haircut.
20:38 And don't place bids right on these levels. This is where TBO support is for Walrus, by the way. 0.0206. Don't do it. Just go right above it. Just to be safe. This is my This is the way I'm treating the market today. Then this is the way you should be treating it as well. This is an amazing opportunity. So wormhole is right at the bottom. It literally hit the bottom of the cloud. And then there's support at 0.00796.
21:03 AIOZ still has the bottom of the cloud way down another 22%. That's fine. It's down at 7 cents. And then we have TBO support just under 5 cents. So 0.04664. Fetch. This one dropped a lot yesterday at down 11%. Guess what? We're going back into our accumulation zone. The same zone we've been dipping into over and over, which is why we take profits on the way up over and over, over and over. So we have support. There's two levels here. Now, I want to give you a little bit of a a tip here. When we have a long historical level of support like we do back over here that ended in July, this still carries through. Well, it doesn't carry through physically on the chart. It should carry through. We should be considering historical support levels as a buy the dip opportunity.
21:49 It's already down 5% today. So, we have a level here at 14 cents and of course down here at 12 cents. Bring it on. That's amazing. Also, on the weekly time frame, that level of support is at 12 cents as well. So, these are both very exciting levels to buy the dip. Litecoin, the slow line is at 5124 and TBL support's at 41.71. Ono, it's already below the cloud. So, it's already in buy the dip mode. How dare I say that? It's so bearish. I know. Just like the last several times it fall fell below the cloud over here in September, over here in August, over here in June, and it rocketed back up.
22:26 And the main difference now is that we're getting a very exaggerated sellup. And we have had no relief bounce yet. Oh, you guys are not ready. You are seriously not ready for the V-shaped correction. It's insane. If we get another flash crash dump, there's support way down here. I want to also just give you a word of reality, a just reality. If your slow line is like 35% down lower, it could happen. But the higher the market cap coin is, there's a lot of buys that are stacked up between the current price and that real low price. Okay. so there are a lot of buy the dip moments happening right now in the market like Onondo. and then of course there's going to be charts that are totally defying the market like Pepe, which even pushed up higher yesterday, 14% up higher to 568.
23:22 And it's still strong bullish. This is why I'm not buying the BS right now. I'm very excited about all the opportunities that are happening. Look at the slow line curling up. Cubic, this one only took a dip of like 6% and there's support down here at 361. Stark took a big hit, 10% down, is down 3%. The slow line is here at 0.03655 with support down way lower at 002241. Yes, I'm excited to buy the dip another 10% lower. Yes, I'm excited to buy the dip another 37% lower if we get it because look at the crazy response. A 445% move. Why would I not want to buy the dip on a chart that already showed bullish excitement and demand? Virtual already dropped a lot yesterday, 9% and it's in our accumulation zone that we were talking about way back over here in June and in August. So, it's already there. It's already crazy oversold. This is the most oversold that this chart has been since way back over here in February. Do you understand how big of a deal that is? This is the most oversold that virtual has been since we had the big back over here when it dropped below this support zone and then it rallied up 90% 100 days later. But it's still a beautiful level of support. Do you get it? Zcash had a little bit of a pullback, only 6.7%, but it's holding on to the fast line. Like, there's nothing going on right now that can actually phase me. It's still macro bullish.
24:48 Zigg Chain. So, again, the lower we go down the market cap rankings, these charts are way more susceptible to a panic dump. And that level of support is down 17% lower at 03417. Now, getting into some stocks. Not all stocks are in danger. Obviously, some are going to be holding up just fine, like Apple looks fantastic. It's strong bullish above the cloud and the slow lines even curling up even more. AI Infrastructure ETF printed a second TBO close long after flipping above the cloud and falling back inside again. That's too bad. That is that is that's a shame. But to be honest, seeing a second close long it we do know what to do once we get back up to the fast line. we should be reducing our position size and taking a little bit of profit or doing both of those things.
25:32 Now, Amazon, like it showed, is down a lot. it closed down 4%. I'm not getting the after hours here, but I'd have to go to this chart, I believe. Yeah, after hours Amazon is down 7.8% down to 224. So that's the lowest drop that we have seen since July 28th, July 29th or maybe back over here in June. This is where the magic happens. Right now after hours, it's about to fill.
26:07 Well, it has to go down a lot lower to fill the gap from way back over here in April where that gap is at 213, but it's heading there. Oo. BN Barnes & Noble was looking great. I mean, what a beautiful close up 2% has two TBO close shorts. It's overbought in RSI. It's down a little bit after hours. If it goes down there at the close, the close short, great. Do it. Go. Kibber CIBR, it got rejected from Wednesday to Thursday. It left us a nice open or rather an upper gap up at 107 or so.
26:39 It's still looking wonderful. E3B util saw TBO resistance drop from 4.03 down to 2.07 on Wednesday. needs to push above that in order to get some real bullish momentum going. EN crazy strong bullish chart. Love it. I love just the gentle uptrend. This is so good because this is sustainable charts that just pump and go absolutely crazy. It's not sustainable, but this definitely ENRG is still crazy strong bullish. No changes there. GSK, it dropped from Tuesday to Wednesday, left an upper gap at around 50.61. It's back to strong bearish mode. it's working on an open short on the weekly time frame. But here's the thing. It's done this too many times for you to not be aware, right? We talked about this yesterday. Just pay attention to the whips. There's the drop. And then we're going to wait for it to fall down a little bit lower. Maybe down here to like 45 and then goes up to about 50 or so. Marll is down after hours. It has a huge gap from the low on Wednesday to the high on Thursday after closing the closed long. This is why we use these as an exit opportunity to reduce our position size. And it's down after hours. It's also below the cloud 5%.
27:52 This is the first time it's been below the TBO cloud since back over here on the 5th of March 2026. And then it rocketed up higher. Okay, this is insane. This is a massive, massive opportunity. It's going to be inside of the cloud on the weekly time frame. So, it's the biggest dip that we've seen. And I want to give you guys another tip on using the TBO on the weekly. There are four different levels. There's TBO fast, midfast, mid, slow, and slow.
28:17 if you if you're not sure about this, you can actually go to the labels and you go to indicator and financial names labels. If you sorry, if you enable that, it will tell you all this stuff. So that way you don't have to just like figure out where wait, what is this? How? So if you go to labels, that's a great way to do that. So we have two good targets. 195.99 is a good buy the dip target for Marll, which is almost there. If things get crazier, the TBO mid slow, and the reason why I'm not talking about the slow line here, because it's the weekly time frame, which is a huge drop from the current price, it's 50%. That's not going to happen. And it's also a stock which has way more liquidity, way more volume compared to cryptocurrencies. Okay, Pave had a Wow, what an amazing close on the day. Wow. Wow. Wow. Up 2%, but still that's a beautiful candle and a TBL close short. And it's overbought again.
29:09 And it's also back to the same price it was on the 6th of October. You might want to consider just shaving off a little bit in case it falls down. But that's an amazing close on the day. UMDV, I always look at this as a DMV, but it's not. It closed right at TBR resistance. We're looking at lower highs on RSI and higher highs on the chart. That's bearish divergence. So, just be aware that it could see a pullback, but if it does, we get a pullback to the fast line. It's a buy the dip opportunity. Visa still, oh man, it's up after hours and it's up even higher. So, we still have our target at 436.92.
29:43 Honey on Gate.io took a pretty big drop of 11% yesterday, but it didn't exceed the drop from Monday so far. The slow line is just another 13% lower at 0.00139. We'll just round it up. Didn't go oversold yet. That would have been juicy if it did. MU Micron is down after hours as well, about 4%. This is what we do when we see the closed longs. We don't go super bullish, super duper crazy. We look to scale out of positions, right? Or we reduce position sizing. However, on the weekly time frame, still good. So, the same thing applies on the weekly time frame for Micron. The next levels to look for dip by opportunities would be $779, $779.93 and then $6663.
30:25 Just a number. service now massive drop. Good lord. What? What? Look at that. So, we have an insane upper gap to fill at 148.22. It's down 26% on the day. It closed down not 26% but the candle itself closed down 89% and a closed long. Yeah, no duh. And it's oversold. I want to help you out all of you trad people. This is what I call.
31:00 There is a very good chance that we will see some sort of a quick correction. Not that it's the ultimate dip by opportunity, but that's insane. Not only is a slow line pointing up, so it's a massive counter trend dump. It's a pump and dump and it's probably due to news or something like that. Don't really care. Yes, unfortunately it's down below the weekly cloud, but still this is insane. What a amazing opportunity. And if it drops lower, guess what? We have support another 18% lower at 89.20.
31:27 ARM down after hours as well. down about 9% below where we saw over here on the 22nd and 23rd of October. Cool. Bring it on. It's already bearish on the weekly time frame because of our closed long two weeks ago. And it's just the state of things right now. But you know what? You guys should still be looking at everything like a buy the dip opportunity. If things get crazier for this, the next level of support is at 178.880 based off of the high that's over here in October a year ago, 2025.
31:57 It's actually pretty good. And then the next level would be here if things got really terrible at 108.64. Microsoft printed two TBT bearish divergences this week or sorry last week Thursday the 22nd then Tuesday it only went down like put just a little bit. It's down a little bit after hours. So that's that's good. But it's just Microsoft ION Q down after hours just a little bit. Not that bad. Ian also down after hours. It is at the bottom of the weekly cloud.
32:28 I this is our by the dip moment. believe it or not, Rocket Lab after moving up to the fast line on Tuesday, Wednesday, Thursday. It's down after hours. Surprise, surprise. Now on to the YouTube picks. PTH is now closing in on the slow line. Do you remember this close long back over here? And when we see the price go up to flick the fast line after a close long, that's giving us an exit opportunity to do two things.
32:56 to reduce our position size by selling some whether it's an old profit or a loss or looking for a short position. Now, seeing a second one on a big drop of 14 and a half% on Thursday, I'm not really expecting this to be a good Okay, we're going to see the price flick up to the fast line. We already got our warnings. All right, but is the slow line moving up? It is. So, our slow line at the very bottom is at 0.05238.
33:20 That's only another 12%. Then there's support way down here at 3 cents. Not likely, but you know what? It doesn't hurt just to cast out your line and just if you happen to snag that, like what a beautiful buy that would be. Arbitum down 10% on the day on Thursday, working on an open short. There's still the slow line here at 12 cents, which would be a beautiful buy the dip opportunity at 20% lower. That would be so juicy. Oh, and it's about to go oversold, but it's not there yet. syrup. Crazy drop. Crazy crazy crazy crazy drop. We already got our open short last week. We saw a drop below support on Friday last week and since then it's now down 20.75%.
34:05 It's very oversold to 10.5 actually. What's the level to beat back on the 2nd of June is at 8.16. It's It's also at the same level where it dropped back in August. Good grief. What a this is a really nice area to consider taking some or sorry building a position I would say. CHR is down after hours as well. Noticing a pattern here. Yes, I am down 8% after hours. On the weekly time frame it's still in bearish consolidation mode. We have a second close long. So it is looking a little bit weaker.
34:40 If things get crazier on the weekly time frame, I mean down 33% lower at 145, but I don't really think that's going to happen. It is bearish though. Intel Corporation down 23% after hours. Well, one of the the nice things about this is that we're going to be closing this gap from back over here in April at 68.28. 28.
35:21 Wow. Wow. Oh man. Oh man. I am excited. I'm excited to see how this unfolds. This is Juicy Fruit. Juicy. Wow. Cake dropped 10% on Thursday. Okay, it's only done about 1.68%. The slow line is just 5% away. That is the place we start to DCA. And if we're ready for a bigger dip down 35% where the support line is at 1.129, I don't think we're going to see these charts drop another 40%. That doesn't seem realistic to me, but there's nothing wrong with casting your lines out, placing your bids. Okay, flow. This one dropped down to a low of 0.0216.
36:17 It's crazy oversold down to 13.88. The previous lows on the June 6th low at 13.71 and before that I mean January 6.46. It's crazy oversold. It's actually the lowest that it has ever been. So it's dropping big time. Down 12% yesterday. Down 3% so far today. -huh. I'm buying the dip. I have another order just under two cents that I'm really excited about getting filled. Why? How dare I say something like that. I've done this for too long. I know this pattern. I know these markets. I'm so used to this. It doesn't phase me. I get excited. Rail gun is at the bottom of the slow line just like I was back over here on the 19th of October where we should see a nice bounce up. Not at about 42%. But I'm still again bullish.
37:05 If you're worried, cast a line down near the support line at 149, 1.495. Lighter already dropped below the cloud. Okay, so we've done that. Now, the next level is historical support. 71% lower. No, not likely. Oh, and by the way, there's historical support here at 2.6818, which is basically where the price is right now. So, it's already entered by the dip opportunity zone, and we're looking at higher lows on RSI with lower lows on the chart. That's a buy the dip opportunity. It's already It's already messed up. Nike, out of all the charts that are falling right now, is the bastion of light up 3% on the day.
37:44 That's hilarious. Space X is down after hours about 3 and a half%. It's back below the 382 fib level. That stinks. That's too bad. But if it goes oversold, I mean, it's just a buy the dip opportunity. Then right here at 0.236 is the fib level at 125.62. Great. be Bloom Energy is down after hours about 7% but it's still holding up like a champ. nothing really to freak out about if it falls down here to support at 184.88. So be it. We buy the dip. We enjoy it. Tow is below the cloud. It fell down 9% yesterday. It is now in an awesome buy the dip moment. The last time it was oversold was just a brief little moment here in July and then it rocketed up and then back here in June down to 11.93.
38:33 These are the moments guys where you look back and go, why didn't I buy the dip? It's because you weren't ready for it. For one, you didn't make a plan for buying the dip. You didn't reserve your funds or didn't reserve enough stable coins to buy the dip with like I've been reminding you about and what I teach in the courses, what I talk about in the club. And you're also not able to detach your thoughts and your internal monologue or your gut from what's actually happening. Could we go lower?
39:01 Sure, we could go lower. And it doesn't phase me whatsoever. I cannot tell you how many times I'm laughing because let me just back that up. The reason I'm laughing is because I've seen this play out too many times. The first time is always the scariest. I'm not laughing at anybody. I'm not laughing at anyone that's in the red that's panicking. I'm also not trying to just ignore all the pain and all of the crazy stuff that's happening in the market right now, but I'm telling you these moments are massive opportunities. The recovery year playbook talks about this over and over.
39:37 I just want you to watch this video. It's going to talk about why the recovery year playbook is exactly designed for moments and days like this, opportunities like this. Watch this and until the next, you know what to do. Stay awesome and stay in the green. Peace.