Transcript
0:00 Hey guys, welcome back to the daily crypto market update. BTC, another green day on Wednesday, up just like a little bit, like half a percent or so. But the big deal that happened is that the price of BTC wicked and hit right there on that green line, which is the TBO fast line, around $81,000 yesterday. Now, that's a good move. The one thing to consider is that while Bitcoin is still in a bearish consolidation mode, meaning it's inside the cloud and it wants to go lower, this is actually still a bull flag. And bull flags want to go to the top of resistance, test it as support, and go up a lot higher. Moving out to the fast line is a really good sign.
0:40 It's a good thing that happened. The main problem, quote unquote, is that it's also like a touch point where we see the price respect it and go away from it. So, we were kind of pushed away from it last week. Come back up to it. Hooray. Huzzah. We need to close above it. Bitcoin needs to close above the cloud. Now, it's possible for Bitcoin to do that because if you'll notice the slow line, which is the macro trend right here, it's still moving up. It's still macro bullish. Now, while we've seen some good green volume, and it has slowed down the angle of onbalance volume, we would need another solid green day to start to change the trajectory of onbalance volumes, moving average to start ticking up, which would be ideal. Volume has been below average and RSI again is just super duper boring. Nothing really happening at all.
1:31 So, we'll see. And I think a lot of people are probably surprised that the FOMC meeting didn't tank the markets yet again. Shocker. It's just an aside like you we give way too much weight and emphasis on FOMC meetings where again if there was a lot of fear we would have seen a lot of fear in one of the most illquid assets Bitcoin compared to the bond market, forex markets, stock market, etc. All right, I need to bring this back up because this is this is messing with my head. Okay, Ethereum looking pretty good. Ethereum is looking decent. Remember that we had a pretty big jump up on support from 1552 up here to 2,297.
2:17 It's really, really, really good. As long as the price holds above this newly established support line, we're looking good. Oh, and by the way, we have a closed short confirmed on Thursday early this morning for Bitcoin and a second one for sorry, a second one for Bitcoin and one for Ethereum. So, again, I'm still holding to my bullish bias. Now, Bitcoin dominance is still looking strong bullish. what's really interesting is that you see I got the TBO Pro up here and I have just the floating table up here to show us where we are in terms of the cloud as well as where we are in terms of mature and extended trends. Now what's really interesting is that over the last 50 trends that have been measured by the TBO Pro, we already got our mature warning here. and mature means that we've had a pretty good upturn or not upturn, uptrend. So, we have a confirmed 22 bar uptrend. Great. The average though is 14 bars. So, we're one and a half over one and a half times the baseline. Meaning that you you did you did well Bitcoin dominance. Now, it's time for you to chill out because you you've had your turn. Sit down. Give someone else a turn. That's basically what that's saying. In terms of price, we're also almost right at the baseline for like a normal move above the cloud. Ethereum dominance is still inside of the cloud, but on the 4hour time frame, we're getting TBT bullish divergences and a cluster. Now, remember, if the slow line on this same time frame is pointing down and we're getting conflicting signals, slow lines down, but we're seeing all this bullish activity right here.
4:03 As exciting as these are, they don't carry as much weight as the cousins over here. Actually, they're not cousins. relatives, I guess you could say. Aren't relatives cousins? Whatever. Forget it. Stupid analogy. TBO closed shorts are much stronger. That's all I want to say. So, it's a good sign, but we need to see a lot more happening on the chart. We're not seeing it yet. U stable coin dominance, however, looking very good. We had a closed long confirmed on Tuesday night. Since then, we've seen stable coin dominance fall down only like 1.6%. 6%. Okay, it's still inside of the cloud, too. So, it's still technically in bullish consolidation mode. It's retraced back to the fast line. We saw this happen back over on Tuesday to Wednesday last week. So, it's nothing like incredible or amazing. The main thing I focus on is the slow line, which is down. And if the slow line is down for stable coin dominance, that means it's macro bearish. Even if we get a moving a move going up against it, it's just a contrary trend. now others dominance had a very exciting day yesterday. It closed red which is unfortunate but it did move up above the cloud and above overhead resistance moving up above. Cool. Nice story. It it really needs to close up here. That's the goal. We want to see others dominance close above resistance and above the cloud. If that can happen, you guys are going to be feeling it big time. It's it will be a very very exciting moment. total ES which is the total crypto market cap excluding stable coins still in bearish consolidation mode. Also like Bitcoin hit the fast line yesterday. It's it's still chopping but we do have a second TBO close short. And we've been talking about these all week. These are bullish reversal signals. If it's on this on the 4hour time frame it is six times weaker.
5:53 Hence it's an early bullish reversal signal. But the more that we see of these on the 4hour time frame, the better the chances are that we do get a continued bullish uptrend. One thing to just keep in mind is that we got not terrible overhead resistance, but we do have some overhead resistance. Yes, the slow line is curling up. Yes, things are still, I think, leaning bullish. I really mostly care about this chart though others which moved up to flick the fast line yet again, but it's still in bearish consolidation mode.
6:22 Yes, we have again another close short. So, it's very exciting, but it's not the same as being above the cloud. That's where I want to be is above the cloud. Now, something else that's really exciting is total 3es BTC on the 4hour time frame. We got a close short way back over here on Wednesday last week. It's about to go above the 4hour cloud. It also hit the fast line for the first time since it printed a closed long back on the 12th of October.
6:50 So, that has now been fulfilled or closed. Cool. But more importantly, all these green days right here since Saturday have resulted in onbalance volume moving up quite a bit. Actually, it started moving up from Monday last week. So much so that the moving average is stopping and it's about to curl up assuming that we get more continued bullish upside potential. Now, Trady, of course, the FOMC meeting was positive and that well, nothing really happened. So people's expectations were met, I suppose, and there was a little bit of a rejection yesterday on Wednesday at the TBO resistance level. So again, however long it takes, I'm still expecting the the Dixie to droop and drop lower not just to the bottom of the cloud to currently 100 what is this point what 059?
7:44 Why am I getting two levels there? That's so Oh, that's why because of that. but obviously much much lower. That's the goal. Now, we're waiting on that to happen. And while we're waiting on that to happen, we're seeing a very overextended euro due for a bounce. So, that X means it's very much extended from back over here on the 14th of October. Just for some perspective, the Euro now is almost three times above baseline in terms of time below the cloud.
8:17 It's also over two times the baseline for the amount that it usually goes above or below the cloud. It's due. And again, the target I have is 1.15. USD JPY following the DIX pretty well because the Dixie closed red on the day on Wednesday. So, of course, it's going to be following suit. It's still in bullish consolidation mode. I don't like that. I just want to see this fall lower, but hey, is what it is. S&P futures basically completely unaffected.
8:46 While it did move above the cloud on Wednesday, it didn't hold above the cloud, which is too bad, but I still think it will. And one of the reasons why is because onbalance volume has really screeched to a halt. After being on a very strong downtrend, now we're starting to see the bullish vibes and rather the buyers taking control. Now, we still need to see two things happen. For starters, we need to see S&P futures go above the cloud, which it's basically there right now. Like that top line is at 7,761.25 and then obviously above our resistance level, which was respected back on the last push earlier this month on the 6th at 7,899.5.
9:29 So, I'm still optimistically expecting not just S&P futures chart to go above these levels, but to crack above 8,000 before the end of the year. Dow Jones very very very interesting developments. It moved above the cloud Tuesday last week and then it pushed back above again and then we have a an open long an open long above the cloud with an ascending slow line. It's almost like that early bullish reversal sign back over here from the 9th of October was spoton. So, why is this green triangle so good? Yeah, the other ones before we shouldn't get excited about too much. Like I think it was Was it Ethereum? No, I think it was Oh my gosh, I lost it. I lost it. Where is it? This one. So, Ethereum dominance because we have a bearishly descending slow line.
10:23 These are conflicting signals. While they are bullish divergence signals, meaning that we should be expecting a bullish reversal soon, if the slow line is not in agreement with the nature of these divergence signals, they don't carry as much weight. So what? So here's the thing. when we see like the Dow when we have a bullishly ascending slow line moving up and we get a TB2 bullish aversions that's a very very good signal that we most likely will see the chart move up which we have and now we're strong bullish and now we have an open long there you go the NASDAQ miraculously not really but for some people they're like how is this possible the NASDAQ moved up to hit the fast line. It fulfilled or closed the closed long from the 17th of October. It's almost like the macro trend wins in the end, isn't it? That's so weird. Now, it's still inside of the cloud. It's still technically in bearish consolidation mode. It hasn't pushed above in terms of onbalance volume. We've taken a big hit in terms of the momentum, but ever since Monday this week, we've seen good volume. It looks like it could push above and then we start up on our next leg and there's resistance right now at 31,125.
11:43 Nvidia, oh my gosh, did it? Nope. Almost hit the fast line on what? Wednesday, but close, but no cigar. Took a pretty big hit as well on the day. Now I have to bring back everything. Oh my gosh. There we go. It's this cloud up there. It's because I'm super zoomed in and I can't see anything. So, it's down 1% on the day. Almost fulfilled the fast, sorry, the closed long. Whatever. We're still good. As long as we're above the support level, we're good. We're golden.
12:14 And we're still okay on on balance volume. Not crazy bullish, but this is why the macro trend is so helpful. If the slow line's moving up, we have the confidence to buy the dip. Now, closing below this level would be bad news bears. Big time. Big time. Bad news bears. Tesla closed red on the day, but more importantly, let me get rid of this dotted line. this resistance level at 434.66 dropped to 410.85.
12:45 So, we had a big change in TBI resistance on Wednesday. Because that happened, it tells us two things. We've been talking about this all week, right? It tells us that Wednesday's high of 410.85 is a strong pivot high. And it tells us that if the price of Tesla can close above that level, we have a very strong bullish chart. It's technically strong bullish because it's above the cloud.
13:18 But pushing above that resistance level that that's just that's just a bit more like we we want to see that. The one caution that we should the cautionary signal we're seeing right now is we have a bearish RSI reset. That is when RSI closes above 70, which it did on Tuesday at 73.2, and then closes back down below 70, which it did on Wednesday at 69.46. 46. It's not the end of the world. It could still push up higher, but it's had a pretty good bounce, especially from back over here on our first close short from August 21st, retracing back to the fast line on the 26th of August. So, it's moved up 18% over 63 calendar days or 44 bars. It's had a really good move. So, if this happens to be the oscillating high or the pivot high and it's not going to go above that, so be it. It's had a really good move. We're still strong bullish.
14:19 Yay. But we might have a pullback and the chart has been chopping a whole lot. So, I wouldn't be surprised if it falls back down is what I'm saying. The volatility index of the S&P 500 confirms that the FOMC was a nothing ber falling lower. We're still not there yet. I'm ready for this. Down here below the cloud, which we got really close to hitting on Wednesday. The bottom of the cloud is at 16.06. 06. Now, the Nikkeay is looking pretty good. The NIK is over here in Japan. It's the equivalent of either the NASDAQ or the Dow Jones. Can never figure out which one, nor do I really care because it's just the main Japanese index that I watch. Couple things. We had a very big change. Let me actually fix the scale of this. very very very big change in TBO support from 30,740 up to 62,270 from Monday to Tuesday this week telling us that this is a new strong pivot low.
15:21 That's a big deal. And the price moved up to flick the fast line already today which closes or fulfills the previously crazy oversold drop on the 15th of October which had a closed long. So we're back inside the cloud. We're back to bullish consolidation mode. Are we are we safe? Is it going to be pushing up higher from here? Well, it's technically in bearish consolidation mode on the weekly time frame. Macro bullish though on the week on the daily.
15:53 It's still macro bullish even though the price is struggling because the slow line keeps pointing up. This is the first time that the price has been below the cloud since the last time. Thank you for watching. until next week. You know what to do. Stay awesome and stay in the green. So, the last time this happened, we took a pretty big drop in March into April, but this is all the tariff FUD in 2025, but that was a huge opportunity. Plus, we went oversold on RSI back here in April. And just a reminder, we went oversold on Monday this week.
16:32 So, that's a pretty big change. It's a pretty big development in this chart. So, I still am leaning more bullish than bearish reversal right now. The Cosby looks fantastic. It closed up beautifully green on Wednesday at 6.63% and printed a TBT bullish divergence. We just talked about this. So, let's review. If the slow line which is the macro trend is pointing up then and we see a TBT bullish divergence that should give us more confidence to buy the dip and the slow line is pointing up. Now I want to give a little caveat to this too. Even if the slow line is flat like 100% flat it's still a bullish sign. So the only time where these TBT bearish or bullish divergences don't count as much is when the macro trend is going against the signal. So if it's a bullish divergence but we have a bearish macro trend, we can't really get too excited about it. But if we have a flat trend or a bullishly ascending trend, even if it's just a little bit, it's a very very good sign of bullish continuation and a dip by opportunity. oil futures, we already got mature or rather a mature warning on Tuesday, October 20th. It pushed up a little bit, 1.74%, but notice that it keeps failing to close above TBO resistance. It's really interesting. I'm I have a sneaking suspicion that we're going to see an X appear really soon. we're getting a little bit crazy in terms of time. We're now 1.15 times above the baseline cuz usually when oil is above or below the cloud, it lasts for 13 bars and the move in terms of the price is about 9%. And we're already way above baseline in terms of price. So again, I know I sound like a broken record, but I'm still expecting oil futures to fall back to the cloud to maybe fall down here to support like a $93, $94 because the trend is just it's done.
18:47 It's overextended. We're just not seeing a pullback yet. Gold is still overextended from Thursday last week. it had an okay close on Wednesday, but it's still it's still struggling pretty bad to be honest. It's still very strong bearish even though it had a very weak bullish RSI reset. Silver is in the same boat. It's looking pretty bad. Copper moved up even higher on Wednesday. It's almost about to flick that TV resistance line at 6.70612, which it's reliably done not once, not twice. What? Two, three, four. Well, this is almost, but didn't hit it, but four times in the past. Well, five, I guess. It's It's crazy. And again, the slow line keeps pointing up. So, it's bullish. So, I I still think it's going to hit the fast line. If it doesn't, and there's nothing wrong, by the way, with putting your takeprofit order just below resistance. Nothing wrong with that whatsoever. And once it hits that, guess what? But I think it's going to go back down again just because this chart has been a honestly it's been a meal plan. It's being a meal ticket right here cuz just it's just going up and down and staying in a sideways range.
20:06 Uranium again this is a really good example of TBT bullish divergences. So or bearish ones. If we have a TBT bullish divergence bullish but we have a bearish macro trend. While this is good, it's not that good because we're looking at bearish vibes right now. It closed inside of the cloud. Hooray. On balance volume crossed up above its moving average. Hooray. But the last time this happened, it dropped a lot lower back on the 6th of October when it hit the fast line. It got rejected big time. So, just just kind of weigh that before you get really excited about it. Okay. I have so much more I'm going to share with you guys in today's video, but before I get to it, go to the bettertraders.com, check out our tools, especially the new recovery year playbook. I made a video about this a couple weeks ago. This is a free resource that you can download from the better traders. all you have to do is enter in your email. That's it. And there's a ton of worksheets. There's a ton of information in here to help you prepare for this upcoming bull run that I believe that we are just getting started with because that's exactly what happens in recovery year. Also check out the Better Traders Club. It's way more than a Discord server. it comes with access to tons of alerts, tons of signals, indicators, trading view strategies, watch lists, I'm working on the November watch list right now, and I'm really excited about it because things are just looking better and better to me. if you want access to the TBO indicator, then that would be in the trader tier. If you want access to the TBO Pro, that's obviously the pro tier. And without saying anything in detail, just trust me when I say the future's looking insanely bright for the Better Traders Club. I am so excited for what we got cooking for you guys that there's still so much has to be done, but woo, it's good. also the Better Traders Journal app is 100% free. You can grab it on the App Store or on Google Play. Of course, you can just order the hard copy on Amazon.com. If you want to do print on demand, go for it. Nothing wrong with that. The benefit of having the app is that well it's just in your pocket but the whole idea is that you use the app to track your decision-m and also your outcomes if you want an AI generated synopsis and coaching basically after you work through your journal and after you've been used the journal for 10 days then you can check out the pro version but you don't really need it again it's after using it for 10 days it won't even give you thing. Even if you sign up for pro right away, which I don't want you to do. I just want you to use the journal and see how how it works and see if it works for you. And if it does after 10 days, cool. Then you can use it to generate an AI analysis to help give you some insights on how to improve your trading. Also, check out Khi for all of you that are eligible to sign up for KCHI. and again, you I'm not trusting anybody's arm, but if you can and you want to, there's a link to sign up for KHI down below. And if you sign up with that link to KSHI and you trade $50 on Colchi Per during the week, you're automatically entered to win $500 as a trading bonus on Coli. And even if you don't win the $500, you still get a $25 kickback bonus. That goes for the perp markets where they have crypto, there's metals, there's energy, they have one ticker right now for oil. They also have TRFI indices that they're going to probably I've been fighting that sneeze for a long time and it just caught up with me.
23:38 it's been a while since those have happened. but one of the best things about Call Sheet Perks is that funding rate is basically at zero. So, you can hold positions open for a long time. Leverage is reasonable. It's not super duper crazy. Another thing that's nice too is that if you are a high volume trader, well, you actually are going to be getting a better deal using Call Sheet Perfs because they're not going to be charging you as much for the trading fees. And when you use the link to sign up and you trade $50 on Kulchi prediction markets, you also get a $25 bonus. Now, just a word of caution, prediction markets are very different than the perpetual markets.
24:16 The perpetual markets work just like you would trade on any other exchange where you have a stop loss. and if you get stopped out when you put in $100, you get stopped out. You still get to keep the majority position. However, you put $100 into a prediction bet and it doesn't work out the way you want it to, you lose the money. So, there's a big difference between the two, just be aware. Okay. All right. We're going to get into my picks first. And as always, if you guys have coins, charts, stocks, or tickers you want me to review in these videos, make sure to leave a comment down below.
24:44 if it's a stock, please let me know down below that it's a stock. And if you do that, you owe me a like, subscribe, or a follow on X. and then consider reposting, retweeting, or re-sharing this video or other videos on my channel on your socials with your friends and families to help me reach my target of hitting 100,000 subs this year. We still have a lot of coins that are showing and flashing bullish reversal signals, which are the TBO close shorts here for Salana on the 4hour time frame. Link has two on the 4hour time frame. Tao has two and just before that TV bullish reversions cluster on Tuesday night that's a big deal believe it or not Luna Classic. Yes. Now there's something else about Luna Classic I want to share with you that's a little bit interesting and again this alludes to the TBO Pro. It printed a maturing signal on Saturday. Now, I am not a real big advocate of Luna Classic just because of the terrible marred history of the chart, but it did print another bullish RSI reset.
25:49 I mean, it's looking pretty beat down. We have a TBO breakdown confirmed as well, just like back in the last time. But when the market flipped, I mean, this thing rode up to the slow line, 36%. It's still crazy high risk, but just wanted to share that with you. Just thought that was really interesting. internet computer ICP had it finally went oversold on RSI on Tuesday to 23.59 and then closed above 25 at 32.06 on Wednesday. That's a bullish RSI reset. That is a very exciting bullish development. Caspa, again, another beautiful example of TBT bullish divergence. Notice that green triangle is way bigger than the open longs.
26:30 -huh. It's different. So, we got a nice push up of 5%. But here's the bigger thing. The slow line right here is pointing up. That means that this is a much more bullish signal. So, just keep that in mind. Injective, while it did close just barely above the cloud on Wednesday, man, oh man, we have five wicks into support right here. I don't like this. I don't like it at all. Just go, man. Just hurry up. But yeah, this chart is I I don't like it right now. I want you to just go home. Go to your home.
27:07 Useless. Also, TBT bullish diversions on the daily time frame with a bullishly ascending slow line. I've been talking about useless for a while. Even though I'm not big on memes at all, this is a pretty nice bullish sign for the chart. I mean, it's still a meme. I mean, they're at least they don't hide anything. That's a great ticker, by the way. So, just keep that in mind. an ape as in a bathing ape. The apecoin saw TBO support drop from Tuesday low at 12 sorry.1218 down to.1206.
27:43 Okay, that tells us that this is a new strong pivot low. But more importantly, bullish RSI reset confirmed on Wednesday. That's a very very good sign to be honest. Now you just have to do something. in terms of the TVO Pro, we are not overextended or anything like that yet. and we are almost in terms of price action. If I can show you here, it says that we are at 8x the baseline. So, we're almost there. The normal move above and below the cloud as per the last 31 trends is about 15%. And right now, we're at -12%.
28:19 So, it's very close to some sort of a bounce or reversal zone. So, again, this is a lot of different signals coming together like this, conflating like this, or overlapping, however you want to say it. It's a really good sign. So, I I know that things are still very strong bearish for the chart, but we're looking at a decent chance that we could see chart like this actually move. And it's crazy cuz it's a Cardano like Injective still looking a little bit crazy. I mean, it's it technically is closed inside of this parallel channel. it saw support move up from basically 14 cents to 20 cents from Sunday to Monday this week. It it needs to now bounce cuz if it doesn't that's it. I mean I've told you guys before if the price closes below TBO support at.205 that's it. murder she wrote and then it's going to be basically a lower low down here. and then we're probably going to see it come up to test newly lost support which will be confirmed as resistance and then it's dunzies. I'm still bullish. I still am bullish. It's just that that's a pretty bad setup right now.
29:37 A in a similar spot. It confirmed an open short on Wednesday. It's still very oversold on RSI and it has been since Saturday this past weekend. So, we have five confirmed days of being oversold. It's also getting closer and closer to pretty decent long not long-term. I guess it's midterm because it's just from June. but support on the 4hour time frame. We do have TBD bullish divergences. Yay. But the slow line is bearish. So, yeah, that doesn't mean as much. sky.
30:13 It's right at the bottom of the cloud. Almost went overbought an RSI. How dare you not just go below 25. And it's also quickly approaching our short-term support level. I would love to see a bounce off of this. And a bounce from support at the bottom of the cloud would just make so much sense. We'll see. Pepe. Pepe had a very nice day yesterday, up 9% on the close. Wick to wick up 15%. But isn't it amazing that the price failed yet again to close above TBO resistance. I find that fascinating. I think I think that's awesome. Just so you know, these yellow flags, I talked about these actually in the TBO Pro video that I did last weekend. Those guys are the moving average based long or short dump sorry they're pump and dump signals basically. So when the volume is way above average we're going to see one of these flags. It doesn't mean it's the top of a trend at all but it's telling us that okay I know you're probably getting really excited right here which we can. I mean, RSI put in a higher high on Wednesday, 73.36 versus 71.32 from Wednesday a week ago. It's a good sign.
31:37 It's just letting us know. Yeah, I mean, it's also bit gap. It's a little bit lower volume, but I mean, clearly volume went way higher. So, it's just a reminder that yes, this is exciting. This is good, but just kind of brace yourself. Going on to the club picks, looking at dog or Bitcoin. well, at least here on MEX, it had a pretty nasty fat finger drop of 15%. But honestly, this is it.
32:08 Just depends on how you look at it. If you know how to trade fat fingers, then you might have placed a bid because we already saw a fat finger back over here on the 20th September. took forever. But there's a reason why fat finger fishing is fun. And actually, it's the safest style of trading because you're just placing a super duper low bid and you're just waiting for it to get filled. It's literally fishing. It's boring, but I know a lot of people like it, so whatever. AIO, no change whatsoever.
32:38 still macro bullish, but still bearish consolidation inside of the cloud. Fetch. We had two good green days on Tuesday and Wednesday. Let's see if we can get that bullish momentum going. We still have to flick the fast line at about 19 cents today to close or satisfy or fulfill the closed longs from Wednesday and Friday back on the 14th and 16th of October. Litecoin did hit the fast line. I believe the high on Wednesday at 59.85.
33:10 Just 4 cents off. Did it do it today? 5975. Nope. Close enough. We're just going to say it's done. now the slow line again is still moving up. It's still macro bullish, but it just just a little bit higher. Just a little bit just a little little bit more. ono we have a confirmed open short from Tuesday. It's still looking pretty boring. But on the 4hour time frame though, we have some closed shorts, which is good. I mean these are early bullish reversal signs. We have two TBD bullish reverses before that. Yes, the slow lines going down so we can't get too excited. But we are seeing bullish amount of building. Now seeing the open short can feel defeating.
33:56 But here's the thing. I'm paying way more attention to others right now on others dominance chart as you should be as well. I know we've seen a lot of choppy charts lately. I think that's going to come to an end. And what will happen with these charts that are printed an open short is that we can very quickly flip to an open long or we could see a close short. So either way, I think it's good. Pepe, we I did pick this one, didn't I? Yes. Good grief. Cubic, great bounce on Tuesday, this past week. That's great. Or not this past week. This week on Tuesday, 22% went right to the fast line yet again.
34:39 on the weekly chart. I'm really curious to see this. Well, okay, I'll say this. I mean, we have a bearish RSI reset. That's very, very, very clear. Onbalance volume is still very bearish. But again, we're at a very interesting moment in the market where we can quickly see things turn it around real fast. So, I don't know if MEXI is the chart with the most history at all for cubic. I I haven't checked to look and see, but that's something you should do first. But if things really get overheated, what do you notice about this chart? Right, we're seeing lower highs, lower highs, lower highs. All it takes is one pump to push above, then we can get things going. And a good range or a good target to look for, I think, is the 0.618. That's a really good target. If things get really really sweaty and juicy, the 0.786 is even better. But I still think that most charts are very oversold, especially if they're below the 236 on the weekly time frame. You just have to figure out, do you want to invest for a move like that for 300%.
35:49 which isn't bad. Profit's profit. It's just I feel like there are other coins that have a better potential return on investment once things start bouncing. But the good news about cubic either way is that it went up to the fast line. It's still bearish, but that's a that's at least it's not going down deeper, which is good. Stark, this one saw a couple of things. On balance volumes, moving average is going straight up like a rocket and we had a bearish cross below the moving average on Sunday. That's one demerit. That's one ding. We have a closed long from Thursday last week. It's another ding.
36:25 We're waiting for the price to move up about 17 or 18% to flick the fast line to satisfy that and close it. We do have two TBT bullish divergences on the 4hour time frame. Notice the direction of the slow line is actually angling just slightly up if not flat. So I'm looking at that bullishly. So I do think that we will see a bounce on Stark. It it went up like crazy. If you guys did not take profit on 160% increase, you're crazy. This is this is what I've been warning you guys about and telling you to do. virtual still waiting on a move or rather a return back, not just at the fast line, but at the top of the cloud. Right now, it's just super boring. Nothing really happening on the 4hour time frame. Just waiting, just patient. But the last time this happened back over in the middle of September, we saw a pretty beautiful reversal.
37:20 So, we'll see. Zigchain. it's still holding above the 0.236 fib level at around 4 cents. That's amazing. It It still has to hit the fast line, which is 13% higher to close or satisfy that. But this chart has also been amazing for trading just in general. Lots of whips and dips. And if you can just focus on the fact that this chart loves fibs, I mean, it's respecting it all over the place. I mean, there are some moments obviously where it goes below and above. Yeah.
37:54 Yeah. Yeah. But for the most part, it's a pretty respectful chart in terms of Fibonacci levels. That's good. Apple closed red on the day about 1% printed a TBT bearish diversions cluster. -oh. But if the slow lines pointed up, we're good. It's a bearish reversal warning, but I mean the chart is actually up after hours. AI infrastructure ETF. It's now back above the cloud. It closed the closed long from Thursday the 15th and it almost is going to close the gap from way back over here on the 14th of October. Still has a little bit more to go. But look at that. It's above the cloud. Huh. It's almost like that slow line just tells us where we're going to be going next. It's exactly the case.
38:45 Amazon on Tuesday moved up to close the previous closed long. Great. It's just chop chop chop, but again the slow line's moving up. It still looks good. BN printed another close short and it went overbought again and onbalance volume is above the moving average. Look at that. Okay, now we can start talking about a bullish bounce. Now we can start getting there. seeing two close shorts is is pretty good, but seeing that development as well is a very good sign. It's still very, very, very early.
39:17 Did I say it's very early? It's very early. But if we were to measure from the top to the drop, always left to right. Always top to drop. oh, and I didn't even get the the bottom there. Come on. Come on. Come on. Come on. Good. I mean, it stopped right at the 236 fib level. So, catching a pull back to the fast line around $37. 37.52. I mean, that's a really nice move. I would I would not look for anything greedy or like you're looking for a generational long. No. because this chart is reliably pushed up to about the the slow line at the very top of the cloud and it falls and it falls and it falls and it falls and it falls and we haven't seen a move back up to the slow line which is at around $42 right now.
40:03 So that's a really nice development. CIBR uhoh looks like they had some bad news or earnings or something. I don't know. Oh, cyber security ETF. Well, that makes sense. now it's still macro bullish. The slow line is still looking really good on the weekly time frame. It's still very strong bullish as well. It's just down after hours. I don't know what happened with earnings or whatever, but yeah, util sorry, util communications, very interesting move on Wednesday.
40:39 resistance from the TBO, which was established on the 1st of June at $4.3. We're just going to run it, fell to Wednesday's high at $2.7, telling us that this is a new pivot high. And if the price can close above, we have a very nice, strong, bullish chart. This has been a a pretty amazing recovery for a very, very, very bearish chart. EO an E O.
41:13 I love onbalance volume. This is one of the best free indicators that you can grab aside from RSI. But using a moving average on this guy, I mean, it just helps you to see the trend so clearly in terms of buyers and sellers. And ever since about here on the 20th and the 21st, I mean, it's just been cooking. And it's overbought on RSI. It's strong bullish on the daily time frame. It's strong, bullish, above the cloud on the weekly time frame. Look at that slow line moving up. So, yep. ENRG still bullish, still above the cloud. Nothing really has changed. Still crazy bullish.
41:47 GSK got an an upper gap at 50.64 between Tuesday and Wednesday. Don't really know what happened there, but what do we know about this chart? We know this chart reliably whips and dips. We know this chart and many others, especially when the slow line is bearish, we get a move up to the top of the cloud and it goes back down. Top of the cloud, goes back down. Top of the cloud, goes back down. Top of the cloud, goes back down. Top of the cloud, goes back down. Fast line doesn't even get there. And now we got a big reversal from the 15th of October.
42:22 Close to the top of the cloud and reverse. It's nothing new. It's the same old story. Okay. Marll is up 3% on the day, but down so far 7% after hours. Yikes. We closed the close long on Tuesday. Hooray. The slow line is still up. the weekly time frame is still good. It's still strong bullish. It's just that's a that's a kick in the pants right there, that's for sure. PAVE is in bullish consolidation mode.
42:55 It's up slightly after hours. Cool. the slow line is actually moving up. It's quite a confusing looking chart, but this is the unfortunate truth that the TBO just it's good for support and resistance levels on stocks. The cloud is good kind of, but all the gaps really mess things up. So, the TBO is really designed for crypto or 24/7 markets or commodities, forex, things like that. But the slow line should be a target if it happens to push up higher at 55.44. 844 UMDV still strong bullish but still has yet to push above TBR resistance which got pushed up to Monday's high at 5.921 H we have a second close short on the weekly time frame with the fast line at 5.66.
43:45 So getting a pullback to the fast line again would actually be a very bullish entry. So, don't be afraid of the pullbacks. And that line would be just below the fast line. It's not so bad. Visa. wow. Look at that. We got a TBO springboard bounce on Visa. I mean, it's a very, very, very weak TBO spring springboard bounce of 2%, but hey, it works. We got a pullback to the fast line. wick literally wicked into it on Wednesday's low and it went into resistance for a 2% move but it's that's it is what it is man yep and rocket lab has moved up to the fast line where we should be looking to exit any buy the dip bounces just like every single other time it could go up a little bit higher but be careful we also have confirmed to open short on the weekly time frame.
44:47 It's in bearish consolidation and has been for months since July. So yeah, the slow line is also starting to angle down. Just be careful. Now on to some YouTube picks. Night. I love the fact that night closed it's closed along so quickly from Sunday to Monday. Woom womb. That's right. Woom. Oh, brother. it's not bad.
45:19 The the main things that Knight has to do is it needs to remain above the cloud. It needs to push up toward resistance. It needs to just stay above the cloud so it stays strong bullish. It's just it's a pretty big drop inside of the cloud. So, it leads me to believe that we might fall back inside of it again. The slow line is still moving up. onbalance volume is leaning bearish, so sellers are in control, but that could flip real quickly. All we need is a lot of volume and some green days. Bloom Energy almost fell down last Friday to TBO support at 184.88.
45:55 Bounced up to almost hit the fast line on Wednesday. Didn't quite make it and it's down after hours. it had another bullish RSI reset, actually a higher low, which is good. and it closed it on Monday or printed it on Monday's moves. That's good. it just needs to bounce a lot higher on the weekly time frame. Has it closed the close long yet? Nope. So, we're still expecting it to hit the fast line at 238.03. Nike, has anything changed for this disastrous chart? Well, actually, kind of sort of. From the beginning of the month, it's bounced up like 16%. Hooray.
46:30 Except if you zoom out, it's been on a death spiral how long? since 2022. O just don't Well, it already lost support like that. Can we even use this? I don't think we can use that. Like it's just strong bearish. when the weekly slow line is this bearish, just just chill. It's okay. Just wait. We we're going to zoom out a lot more to identify a decent level of support. which on this chart it's a lot lower 21.86 and it's at 3715 light great close on the day up 5% and it's up even after hours.
47:18 and it also closed the closed long from the 14th of October on Tuesday. Cool. And it's above the cloud. Great. Go higher. There's resistance at $1,99. Zikash moved up to the top of the cloud. Just barely closed above it. Wednesday not I mean it's above it but it's it's it's not there yet. But here's the thing. Onbalance volume is very bullish and it has been becoming more bullish ever since last week on Wednesday which is why I kept talking about it's like well I know people don't really want Zcash to win and they don't think it's going to go higher. I think it will. And again, this is a very classic TBO pattern. This is Pete's Dragon right here. So, it's a very powerful powerful uptrending move.
48:08 Monero XMR still very strong bullish. This one I'm curious to see if we got yeah, not only do we have a cross up right there, it also printed a maturing warning back on Wednesday last week. So, it's still strong bullish. we are 1.6 six times above the baseline in terms of time above the cloud and 1.74 times above the baseline of the normal move. So, we might be seeing a return back to the fast line, but it's still holding up very well.
48:41 Dusk, now we got all of these flags right here. This is letting us know there's some crazy pumping happening right now. So, just like pump the brakes on the pumps. And we got a maturing warning on Wednesday telling us that yeah, things are a little bit crazy. Yeah, no kidding. Out of the last 32 trends, the normal time above the cloud is 15 bars and the normal move is 44%. And both the time and the price are above baseline. Wow. Yeah. So, it's it's good. it's just unreasonably high and it's probably going to dip inside of the cloud. Clean Spark. it already flashed a maturing sign or maturing warning back on Thursday the 15th of October. It lost support though and this support level is pretty long-term. It's from April 7th, 2025 to the low here in March 2026.
49:37 TBO support could be moving up from $1.96 to 736 7.36. Cool. bullish RSI reset as well on the weekly. The last one that happened was back on September 9th, 2024. It's just losing support is such a bad sign where I would expect it to go up to test newly lost support respect as resistance and go lower. Vo this one is oscillated down quite a bit. I bet you we got yeah bullish RSI reset a couple of them. it's still very strong bearish. if it happens to bounce up toward resistance that targets around like 13 bucks, but it's very strong bearish. in terms of our TBO Pro and the measurements, we're over the baseline in terms of the price moves. So it's currently down 34% 1.2 times above baseline. And in terms of the time below the cloud, we're at 18 bars. So at 888 times above baseline. So we're almost at a reasonable point where we see a move up to the fast line where we should get rejected and go lower. Bit minor.
50:54 Bit miner is still in bearish consolidation mode. We still have this open short from Monday this week. It's just trying to get stuff figured out and it's because the market's chopping super bad right now. But yeah, it's just chop city. Not much else to say. Verdiff holdings up what 16% on the day. That's amazing. TBO closed short on the day. Went overbought just barely. It's down a little bit after hours. Like that's a crazy move. this is where we look to like shave off a little bit of profit.
51:28 If it goes up to the the slow line, the top of the cloud at 284.06, that's where we should be considering taking a little bit of profit, too. Wow. Credo almost filled its gap. Wait, did it? No, almost. Which had the fast line. It's down a little bit after hours, but the slow line still pointing up on the daily and bullish RSI reset. It's just two close longs on the weekly is not a really positive sign. Orca still flopping around like free willie on a frying pan. It's not looking really great still, but we have a closed long a second one on Thursday last week. So, I'm waiting for the price to hit the fast line. If you're nervous about free willie not making it over the bank, then you might want to consider slimming down your position once we move up to the fast line.
52:20 Keel very oversold on the TBO. bullish RSI reset confirmed on Tuesday this week. See if we got we already got a maturing warning back over here on Thursday, a week ago. we are 1.3 times above baseline in terms of time and for price 1.79 above baseline. So we're very overextended even though we haven't gotten the X yet. That's a good sign that we should see some sort of reversal. Isn't it interesting how well this level of support here on TBO at 3.54 has worked as support and resistance? And I expect if we get any sort of a bounce on this, the highest it'll probably go is up there to like 353 pump fund. this one confirmed an open short on Tuesday on Wednesday.
53:12 Almost closed the close long. but the slow line remains bullish on this chart. On the weekly time frame, it's still strong bullish. On the 4 hour, we got two TBO closed shorts, which is really good. It's just now we need to see it go above the cloud. And finally, CTVA. Wow, what a beautiful drop down to TBO support. Good grief. Look at that thing. And it's oversold on RSI and it's up after hours. Literally couldn't find a better entry cuz it bounced here back in August, too.
53:44 Look at that. That's amazing. It had support established back in June, rallied up July, dropped 17% only to bounce all the way back up to resistance and get rejected again. Fell down close to TBO support on the 29th September, pumped again 25% and now it's down to support again. What a fun chart. I mean, it's awful for holding, but for trading, like that's a great chart. like I I love stuff like that just because the cyclical patterns are so reliable and dependable. So, it just makes for good trading. There's nothing wrong with that. Now, the TVO Pro, like I talked about is a fantastic indicator. It's not for everybody, which is fine, but it does provide some additional insights and customizable options which make it really appealing.
54:31 So, I want you to watch a video that's going to pop up right here that talks about the TBO Pro. And until the next time, you have to do stay awesome and stay in the green. Peace.