Transcript
0:00 Hey guys, welcome back to the daily crypto market update. Bitcoin had a pretty green weekend on Saturday up to Sunday. It moved all the way up here to 82,479 dollars, about 3%. It's interesting to note that we saw this really nice spike last week on Wednesday to 82 850. and over here on Sunday, it moved up to 82 479. But the more interesting thing that's happened on the weekend, you guys already saw this. I wasn't aware of it cuz it doesn't really matter. but we saw a little bit of a dip here. So we have a dip down 1.45% and a rip up higher.
0:37 It's a very, very mischievous thing to do right at 7:00 a.m. Why? Well, guess when the CME futures starts trading at 7:00 a.m. Well, at least my time, Japan Standard Time. So 2 hours ago as of the filming of this video, it's currently 10:07 a.m. Japan Standard Time. So when this happens, I mean, it's going to make a massive gap at the start of the day. BTC shot up 2.7%. So most likely it's going to be filling this gap down here to what? 80,550 dollars or so.
1:07 One of the other things to pay attention to is that we've seen a couple of alerts here for the TBT stop stop-loss hunting alert. We have actually two parts to this. the first part of this is the Oh, it doesn't even tell me here. That's so annoying. the coil. So the there's two different parts to this alert. One part is a coil alert that lets us know and it's this like light yellow thing here. Basically, the price is just doing a whole lot of nothing. So when it's doing nothing, we're seeing the price being coiled up ready to have some sort of explosive move. and then of course, soon to follow, we get the stop-loss hunting alert. That's letting us know, okay, some weird abnormal volatility is going to be coming. So we got confirmation of our coil Saturday night and then we got stop-loss hunting alert on Sunday 8:00 a.m. my time.
2:00 And about 12 hours, sorry, 24 hours later, we get the volatility. So, it's letting us know, here we go. Now, going back to the chart on the daily time frame. Now, daily time frame >> >> new I don't even know what that is. >> >> It's not even an accent. It's just >> >> That's a new voice on new voice unlocked. It's like a gamify the YouTube videos. New voice unlocked. On a new time frame on a daily time frame Bitcoin is still strong bullish. It's strong bullish while the price is above the daily TBO cloud. Cool beans. as I've said before, when we see TBT TBO resistance up here at 97k, it drops down to about 77k and it keeps getting pushing, sorry, it keeps getting pushed up 78k 79k more more recently here 81k and now we have 82k. Do I have 83k?
3:02 This will happen as the price remains strong bullish. Now, it doesn't necessarily mean, okay, we're done here at all. One thing to keep in mind is that we topped out on RSI last week on Wednesday at 78.08 on Sunday up here to 74.09. We've seen the same thing happen before and it just keeps going up higher. The main thing you're going to want to watch for is that if we have a deeper cut to fill that CME gap and it actually prints a bearish engulfing candle or better yet, returns to the fast line which is at 78,850 dollars or so, give or take. Which if it closes down that far, a 4% candle would be really, really strange. but anyway that will most likely mean that RSI is coming back down here to support. The last time we saw RSI fall down to support, it actually bounced back over here at the end of April, quite a bit. So, that's the one thing to take into consideration right now.
3:58 for Ethereum, also because of this weird volatility that happened recently, we had this again really strange price action, but more importantly, it's above overhead resistance. We saw some pierces and tests of resistance for quite a while. It kind of closed above it last Tuesday. It fell back down again. Again, super jumbo one of price action right here. On Sunday, it pushed back up 2% and it moved right to TBO resistance, that red dotted line, which is wild.
4:31 Okay? if if Bitcoin if Ethereum can hold above this resistance level today, that'd be amazing. And then we get 3 days above this and it's considered closed. This is just the first resistance line. The next one is way up here, like $3,800, which I don't expect that to happen at all. in terms of the TBO, Ethereum is way more bearish compared to Bitcoin. Not only is the slow line pointed down a lot more, Ethereum is clearly not moved above the daily cloud like Bitcoin has.
5:06 Other things to take into consideration, RSI really really wild. and I always use RSI with a length of seven, by the way, because it's nice and snappy. It's a lot more responsive to crypto charts. the default level I think is or the default length is 14, which works I guess well for stocks, but again, I I just prefer it at seven. So, back over here on Tuesday, last week on May 5th, RSI moved up to resistance at 63.69, just breaking above it. We saw the same thing happen again here on Sunday, but 63.29.
5:37 So,.69 versus.29, it's a lower high. So, we should be expecting a drop back down. If If haven't been paying attention, that's okay. But, we are getting to an apex. We are getting to a basically a make-or-break point. Given that we've seen several breaks of support, I would imagine that we're going to see Ethereum's RSI go lower, but time will tell. Okay? In terms of on-balance volume, it's still bullish.
6:08 Volume is actually pretty decent for a weekend. but again, because of all the weird stuff that's happening in terms of price action, we do have a minor gap here for Ethereum as well as for Solana. so, for Ethereum, that target is at 2324.5. Oops. And then, Solana, that target is, drumroll, please, 92.75. Which should be a radio station. It should be. 92.75 Solana CME Futures.
6:40 Bitcoin dominance, after printing a TBT bearish divergence on Friday, it's now working on a second TBT bearish divergence. It's working on it as in it's not confirmed, and it won't be confirmed for another basically 23 hours. So, we can't really say, "Oh, yeah, it's printing." But, if we see this confirmed, and Bitcoin dominance goes inside of the cloud, it will make a change from being strong bullish, which it has been since the beginning of April, to bearish consolidation. And if Bitcoin dominance is going down, while stablecoin dominance is going down, that's actually a super bullish sign for alts.
7:17 Now, I made a video about this support line here over the weekend. I made it on Friday, and it got shared with you guys on Sunday when it was falling lower. So, that's always fun. it is interesting to note as well that yeah, it's it is still technically strong bearish. RSI put in a higher low after having an RSI reset, a bullish one, on the 6th. And this same thing, actually, let me go like this. There we go. Yes, this same thing happened back over here. I know I know I know.
7:48 we saw support drop and it actually moved around quite a bit. It fell down, fell down, fell down, and then it went up higher. I'm still leaning towards that bullish break. Now, the main thing we need to watch here is if we get some sort of deeper pullback, which doesn't seem to be the case right now cuz it's strong bearish on the daily time frame. But if it can move up to the fast line, which is currently at 10.263, it's this number right there.
8:17 If it can move up to that and close above it, which is a tall order, but we also know in crypto yes, bullish price action, it will have a nice move up higher, but it's escalator up, elevator down. So, we could quickly get a pump in this real fast. But for right now, we're seeing support being dropped lower. Now, others dominance making some really crazy moves as well. It confirmed a TBA open long. Wow, on Sunday.
8:46 It's not really that big a deal, to be honest. but others dominance is definitely enjoying this move and a lot of charts being on crazy over the weekend. Totally yes, also pushed up and had a really green close on Sunday up 2%, which is a really big move. the high on Wednesday at 2.43 has not been exceeded. It's still 2.43 on Sunday. In terms of RSI on the daily time frame, we have a lower high with a it's actually the same high. So, it's not a higher high per se.
9:22 on 4-hour time frames we have a two TBTC bearish divergences and then a close long. The price has pushed up and it's moved up to resistance yet again. It's still technically strong bullish on the daily, on the 4-hour, so is what it is. Total E50 which is the total crypto market cap excluding the top 50 is very bullish. You guys have known this because lots of charts have been pushing higher over the weekend. it's been strong bullish ever since it pushed above the cloud on Tuesday and RSI actually maxed out at 87.8 86.
9:56 Which is the highest RSI level that we've seen since back over here in July 2025. That's That's a spicy meatball. That's pretty impressive. Also totally 100 pushing up higher with RSI pushing up higher as well to 84.51. Others market cap pushing up higher and RSI also pushing up a lot higher as well. So this is a pretty decent uptrend. Make sure that you're securing profits on the way up just in case. All right.
10:26 Looking at TradFi so the US dollar index on Friday closed down. I covered this on my video on my Saturday. So nothing has really changed here. It's still strong bearish technically below the cloud. We also have this gap up here at 99.516. Again, super boring to repeat the same thing over and over. It just is. Now this is weird. >> >> So the PMI the purchasing managers index numbers or the US BCOI numbers came out for what is this? April?
10:57 And it's literally the same. March's numbers was at 52.7 and April is the is the exact same. I'm hard pressed to find a moment where the levels basically were just doing nothing. It's basically like back over here August in 2019. So it's technically above the inflection point. Technically it's a bullish reading. But that's a really I don't know. That's That seems very odd to me.
11:30 I feel like there might be a be some fudging of the numbers happening right now. Well, yeah, anyway. But technically, it's a strong bullish reading, okay? So, USD/JPY is still in bearish consolidation. It's still confirmed this TBO open short on Thursday last week, and we still have a TBO close long, which is that blue diamond, which means we're waiting for the price to tag the fast line, which is currently at about 157.989, but it's going to fluctuate as the day continues. On the weekly candle, it's also interesting to note that last week it closed inside of the weekly TBO cloud.
12:08 This means that it's marking a shift from being strong bullish to being a bearish consolidation. However, the slow line is still pointing up. It's still technically strong bullish. We could still see it push up higher. I haven't heard or seen any news from the Ministry of Finance or the Bank of Japan about their plans to intervene or sell US bonds or whatever they're they're going to do to help prop up their currency, but right now it's just kind of taking a breather. It honestly looks like it's going to push back up higher.
12:37 We'll see. Now, the Nikkei also has been having some crazy price action. Last week was a little bit of a wash because on Thursday, this candle actually contained the price action for Monday, Tuesday, Wednesday, which was part of Golden Week holiday, which technically Japan was closed. Most businesses are closed because of the holiday break, but of course the futures are going to stay open, so we have a 6% candle with a TBO breakout. Then Friday a TBO breakout, and then today, Monday, we have a TBO breakout in progress.
13:11 It's It's a little bit crazy. A lot of it crazy. On the weekly time frame, last week's candle up 5.76% is also nuts. A couple of things that I'm just looking at going, "Okay." so, we have this sequence of lower highs so far for RSI. This would honestly last week's candle would honestly be a great pivot high moment if we see a drop for the Nikkei here. It would make a whole lot of sense. Because higher lows, sorry, lower highs and lower lows have been the pattern on the weekly timeframe. However, because RSI in the weekly is above 70, it's more likely to keep pushing up higher. On balance volume is still technically strong bullish because the moving average is pushing up and the blue line of on balance volume is above that moving average. However, this is the part that I'm looking at going we're seeing volume falling off. Not like a dramatic amount, but this is Nikkei futures. It's not just like some weird random chart. Like this is a pretty big exchange and a decent amount of volume as well. So, it is a little bit strange.
14:14 speaking of strange, WTI, it says it's up 4%. No, it's not. If we measure from our candles open to close is like 0.62. I don't even know where they get these percentages. This is so strange. Anyway, we've seen a lot of Ross and Rachel, are they back together? Is it on again, off again? What is this between the US and Iran? apparently, there's a really good deal that was met or arranged or whatever and then Iran gets back and says, "No."
14:44 honestly, it's it's like a musical and the kind that I just don't like watching where it's just annoying how on again, off again everything is. No more comments on that. So, WTI, US crude oil is is going back to the the fast lane. I was actually expecting it to drop a little bit lower. In terms of a short-term, and I mean super short-term support level, this would be a level to watch. So, if there's really good news about Iran saying, "Okay, we're just kidding. We like your terms, America. We'll just go for it."
15:22 Then we're going to want to see how WTI responds to support at about 9220. Gold? almost made it to the top of the cloud last week. It didn't exactly hit it. It's back to the fast line. I'm still expecting gold actually to break out above the cloud, but for right now, one thing to keep a closer eye on is the fact that the cloud is starting to become compressed. Anytime that the top and the bottom of the cloud is starting to converge to starting to to compress, that's a warning sign you want to pay attention to because we're most likely going to see some sort of a crazy explosive move to follow.
15:58 Okay? on the weekly, there's no real big shifts or changes happening. silver is looking much better than gold, but that's just because silver is much more volatile than gold. It's actually strong bullish. This is what I'm expecting to see happen for gold next, but silver's making the move. copper, after putting this TBO close long on Monday last week, quickly closed it. And now it's up above overhead resistance. It did that on Friday, and today it's up 1%. So, the next level to watch here on this bullish breakout is TBO resistance at 6.32, and then of course this high back over here on the 29th of January at 6.52.
16:36 That's yeah, copper's doing real well. Uranium has printed now a second TBO close long. When we see two or more of these print in very close quarters or in succession, it's a bearish reversal warning alert. So, I I know that uranium could be a an alternative energy source if oil's going to be more volatile and push up higher. Right now though, this is a bearish signal to pay attention to on the daily time frame. The weekly is kind of okay.
17:08 the main things to pay attention to on the weekly I guess is that the last two weekly closes for on balance volume close below the moving average here, which is still admittedly quite bullish. If we see more selling this week and when this week closes red for uranium with more selling, we're going to start to see a more bearish trend take shape. You'll want to see it bounce above this level here 702.19. BTC against gold. We saw this TVT bearish divergence confirmed last week on Thursday. This is still a valid signal albeit it's early, but I still think that gold is actually going to be a better hold than Bitcoin in the days to come. And we'll see how that unfolds.
17:48 Now there's way more that I'm sharing in the Better Traders Club as well as signals, alerts, all that fun stuff and also in our courses. So why not just do the two together? So you can actually get 50% off your yearly club trader tier subscription to the Better Traders Club when you sign up to the 15 Minute Financial Freedom Course, which is a great course. You never lose access, you get free upgrades, and you get free updates. It comes with coaching, comes with the PDF copy of the Better Traders Journal, it comes with access, a trial access to the TBO indicator which I use in all of my analysis. If you don't want to get the course or all that stuff, it's okay. You can just sign up for the TBO itself which is actually on sale for $37 a month.
18:27 The journal's fantastic. It's included in the course. If you want to get your own print on demand copy, make sure to go to amazon.com. You can order your own whether it's a nice flimsy paper copy like this or a hardback. And if you do use it, you like it, consider leaving us a review. More people are doing that, that's awesome. I really really appreciate that and I'm glad that it's not all five stars, that's great. So you have a four star, fantastic, that's fine.
18:52 That really helps us out on Amazon. Cool. Also check out Kraken. It's been a while, it's been about a month since I made the video, but Kraken hasn't stopped with their ink points system. So if you're not sure, watch the video that's probably from a month ago where I talk about it, but essentially they're starting well they're working on ways to get more interest to their exchange, I guess you could say, even though they're like an OG crypto exchange, but they have a What's it called? Like an airdrop coming for Ink, which is their layer two exchange layer two network, I guess you could say. So, if you have activity on Kraken, whether trading, exploring stuff, clicking stuff, doing stuff, then you can earn points that could be converted into these Ink token airdrops like Hyperliquid, like Plasma. Also, check out 2bit, where you can sign up and trade to earn 15,000 plus USDT in a very generous welcome package. Welcome.
19:52 All right. We're going to go back over here to TradingView. I'm going to start with my picks first, but if you guys have coins, if you have stocks or currency pairs you want me to review, make sure to leave a comment down below. If you do, leave a dollar sign in front of that so I know that it's whatever it is. if it's a stock, just write stock. That helps me out a lot. currency pairs I can usually tell cuz they're like they're six letters long.
20:15 but anyway, if you do that, like the video, subscribe if you haven't, and then consider reposting, retweeting, or resharing this video or other videos on my channel on your socials to help me reach my target of hitting 100,000 subs this year. Cool. All right, let's get started first with XRPP. XRPP had a very good pump on Sunday. It moved up 6.5% give or take from week to week up to a buck 50. It's really, really, really amazing.
20:46 also, it printed a tibia breakout on the move. that's too bad. The last time we saw something like this, it was a failed move, but maybe this time will be different. It's true. The one thing to consider, and this is This is the hard part right now, is that the slow line here, which is the slowest of the four moving averages, it's still pointing down. Price action is admittedly starting to look bullish. I mean, it's in accumulation clearly right here. if you're really excited about XRP, you might want to wait for a bounce back to the fast line to start accumulating. I actually had someone ask in the I think it was in the Better Traders Club. yeah, they were asking, "Okay, where is your like how would you start accumulating?" And I think this is actually a fair question because if you're feeling the pinch right now and you really want to start buying into some of these positions feeling like you're going to get left behind, which is totally fine. It's okay. You can do whatever you want to do. I'm not. But you can do what you want to do. Actually, we're going to do it this way.
21:43 what you would want to consider is you would place an initial order. Yeah, let's see if I can add some text on this line. The way I do things is a DCA style. So, this is going to be 1/7 your total possible volume. your first entry. And then you're going to want to place a DCA order much lower just in case we get another drop. And if that happens, then this is going to be 3/7 total possible volume. Or this is essentially two times the first order.
22:16 Okay? So, that's 3/7 the total possible volume. And then of course, you would have one more final order wherever that's going to be and that's going to be your final installment, which is now going to be essentially two times the second order. That's the easiest way to do it. I've always done DCA this way where you're doubling down. And the reason why is because as the price goes lower, now we're going to use this and we're going to change the color.
22:43 So, that way it's just a little bit clearer to see. So, let's say that this is our entry. Let's say that there's some sort of a weird thing that happens with the market and for some strange reason XRP falls 20%. So, the reason why I favor DCA and scaling into positions slowly is that if this were to happen and you go all in here, well, now you're down 20% and if if things continue to go lower and lower like I expect them to over the next 2 months, yes, I'm still holding on to that bearish outcome.
23:14 If that were to happen, well, then you're down 40, 50, 60% of your positions. Whereas with a DCA strategy, you're putting just a little bit in, you're inching into a position, you're building a position slowly, and if it happens to go against you, well, guess what? You have 1/7 of the total possible volume exposed to XRP, then you have another 6/7. We'll just say like out of $100, so you put in $100 up here and then you have another 200 and another 400 down here. So, yes, that $100 is now in a drawdown of 20%, but you still have a lot of cash ready and waiting to buy the dip a lot lower. This is the way I've always done it and it's served me well. This is not a get-rich-quick trading strategy. It will take time for orders to get filled. It requires patience, but patience pays long term.
24:06 So, if you think that markets are going to be going down a lot lower, you're going to want to be a little bit more generous with your DCA. And the magic of this is that instead of you being all in here at $1.41 and instead of you waiting for a lower price, you can get exposure right now. So, maybe XRP actually happens to move up a lot higher in the short term. I don't know. But, on the off chance that it doesn't, we see a bearish pullback, well, you'll be adding more at a lower price and you'll also be averaging down your entry probably to like about $1.26.
24:38 And then if this were to get filled down here, then you're going to be averaged down a lot lower to like maybe a dollar. So, while you'll still be underwater by maybe 20%, oops, that was weird. Oh, my goodness. Okay, here we go. While you might be underwater by 20% from this averaged down order, at least you are not down 43% or whatever the numbers are going to be. It's I I can't get the exact math. It's just kind of like eyeing it cuz this is how I've been doing it for a long time.
25:07 So, Why did these guys change? That's so weird. That's Okay, that's very very confusing. maybe I didn't move them around. Okay. Sorry. So, I apparently I did a very bad job here. That's weird. Okay. So, the colors here for the flags, just to quickly explain, all these light blue flags mean TBO breakouts either on the daily or on the 4-hour time frame. So, XRP, BNB, Solana, Ada, all of these have had TBO breakouts on the 4-hour time frame, Link as well, which isn't in the top 10, but Link continues to push up higher. It's now actually above the cloud. So, our breakout's back over here on Tuesday last week, and it's now pushed up about 9%. It's amazing.
25:50 So, now that it's strong bullish, this is the way that I would be trading it if I had a long position. everything that happens from here on, I would want to be protecting my position in profit. So, let's say that I entered a long position here, but I have a wildly greedy take profit target of a million dollars. I want to take profit way up here at 26 bucks. So, what I would do is that instead of me just holding this open with the stop loss down here, as the price goes up higher and it's in favor, what I'm going to be doing is I'm going to be protecting profit by moving my stop loss, and I can't put this above the entry, unfortunately, on TradingView. But, what I do with my stop loss is I'd put it just above my entry.
26:31 Why? Because I want to protect profit. In case I'm wrong, and I don't want to get stopped out on a escalator up, elevator down move, I want to make sure that I'm walking away with some profit. So, now the other way you could do this, too, is, and I actually recommend this a lot, is taking incremental profits higher and higher. Let's say that you enter on that TBO breakout here like 976 and it's going up higher. You're feeling really good, but you're noticing because you're using the journal and you're keeping track of your emotions that you're getting a little bit greedy and all you're keep moving your your take profit targets. Therefore, you might decide, "Okay, I'm actually going to shave off a little bit of profit here."
27:08 So, what you can do by that is you're de-risking the position and then you can decide to add more on the next pullback. Actually, you're going to reinvest whatever you sold back here on the pullback. This is a great way to trade as well where you're taking incremental profits up higher by de-risking your position a little bit. Maybe like 20% at a time, 30% at a time. You have to decide how much you're comfortable doing, but by doing that you're selling into an uptrend and you're also freeing up capital to buy on the pullback. A lot of people don't like to trade like this. They don't think it's sexy. They want to hold. They want to go all in on some price and they're going to hold it because they think they're going to time the exact top.
27:45 Where most people can't top Sorry, most people cannot time the exact top. So, in my opinion and my experience, it makes way more sense to scale out of positions for the same reason that I said scaling into positions works really well. So, that's served me really well. It's a much longer time frame to trade in. It's a basically DCA and DCA out, but the the nice part about doing that is with with charts that are starting to look strong bullish, you can scale out on the uptrend and you're freeing up capital to buy on the pullback.
28:20 So, that's that's the easy explanation of it. I go into much more detail in the courses, but I just want to help you guys out a little bit to also answer that question from the person in the club that asked it and also share that answer with you guys as well to give you some ideas on how to trade this uptrend right now. Litecoin also has TVO breakouts on the 4-hour time frame. So does Avax, so does HBAR, so does Sui, which has had an incredible push up higher.
28:46 Sui had an amazing pump on Sunday, like absolutely insane. 33% wick to wick. Now, I'm not keeping up with news right now. I don't really think it's worth it, but the main thing you have to know is that people right now I would say well traders right now are looking at this move going it's overbought I'm going to short it. That's a really risky thing to do when we see charts clearly being pumped and dumped. I mean it look at the volume yesterday on Sunday. 298 million versus the day before the that yellow number right there is the 30-day moving average was at 27 million.
29:20 So, we're looking at 10x the volume in a day. Vol- RSI is also clocked in at 92.92. Yes, the price is at historical TBO support which is now resistance. Yes, it could also push up higher. Yes, it also printed a TBT bullish divergence on the weekly. Trust me, there are lots of bullish signs here that tell me that it could go up higher. But, going back to the DCA or like scaling in scaling out.
29:52 If you've been building a position on SUI and you haven't decided to take a little bit of profit out here, this would be a good area to do so. It's not It's not a very it's not a foolish thing to consider. I'll also say it this way. I don't know what's happening with SUI. I'm happy for the team. Good job, guys. It's up 48% in a week. That's amazing. That's a big move for a chart that just for some perspective in the past it had weeks where it just closes up 4% in a week.
30:25 Or like back over here closing down 19% in a week. But, this is a really big move for SUI. The last time this happened it did push up higher is back in April 21 sorry April 2025 and it pushed up a little bit higher. but after that it was done. I'm not saying that this is the best possible place to start opening a short position at all. Again, I repeat because the chart is overbought right now and it's strong bullish, it actually makes more sense to look for a buy the dip opportunity if you're really bullish on it.
30:58 it's crazy, absolutely crazy. But again, this is what dominance has been showing us. With Bitcoin dominance falling, we're going to see money flow into others and alts, especially if Bitcoin dominance and stablecoin dominance are falling lower. So, congrats, Suey. Uniswap also has TBO breakouts on the 4-hour time frame. Jupiter now has two confirmed on the daily time frame after an 18% move. That's really suspicious. That's not a good look. At least I don't think it's a good look. Yes, Jupiter is up quite a bit from breaking above the the daily Well, the daily TBO cloud, it's up like 40% or something like that.
31:34 But seeing breakouts that late, it's not a good sign, especially with RSI this overbought. Now, it is strong bullish. On balance volume is clearly bullish. Volume is very, very bullish. Jupiter will most likely continue to push up higher. It's also in bullish consolidation mode inside of the weekly cloud and RSI closed at 79.27. What does all this mean? It means that the chart is most likely going to continue pushing up higher instead of it having a pullback. Now, some things to consider for Jupiter swap would be overhead resistance fans.
32:10 So, if we keep going like this, incrementally lower and lower, it did pierce above the first resistance fan line. It's cool. I mean, that's also like a first target where it's like, "Okay, might want to scale out of the position just a little bit." Fetch also printed TBO breakouts, but it also has conflicting TVT bearish divergences in a cluster. Bonk TBO breakouts and a push up higher. Monad TBO breakouts here on the 4-hour timeframe. Aerodrome two TBO breakouts on the daily timeframe on a 10% move on Saturday then a 5% move on Sunday.
32:47 With RSI now pushing in higher at 79.444 on Sunday but still lower than we saw on Saturday April 11th. It's still strong bullish though. On balance volume is great. The price is above the cloud. It's strong bullish. If it has a pullback, it would be a buy the dip opportunity. So a couple of other interesting setups here. Stellar Lumens XLM had a 4% close on Sunday and it printed a TBO close short. That orange diamond tells us that we could be seeing a bullish reversal soon because we previously had an open short confirmed on the 1st of May. This is telling us that this might turn into this soon. So if we're excited about this, we're bullish about it, we might want to catch an entry at the fast line which is currently at 0.1637.
33:33 Same thing for Eth 5x except this has two. Now, I I have to say and I have to admit when we see two or more of these near support which is pretty close to support. 11% is pretty far but that's a pretty good sign that we could see a bullish reversal. Not to mention that the price kind of sort of Oh, no, that's that's No, that has to change. Nope, sorry. No, never mind. I take it back.
34:00 I'm not going to say it. It's okay. I just didn't fix my fibs. So seeing two of these is a pretty good bullish reversal signal. Again, I'm not going to chase here. I'm not going to do anything here to be honest. I'm just going to wait but if you're excited about it, you will want to wait for the price to pull back to the fast line and maybe it could see a push up higher. The levels to watch on any sort of a push up higher would be here the 0.5 fib level at 85 cents which would be exceeding the fast line on the weekly which is at 54 cents.
34:30 So that would be like an insanely overbought push or a pump. Pepe Pepe the frog, Pepe Le Pew is still strong bullish on the daily timeframe. Actually had a pretty good close on Sunday. I like price action like this. This is actually so much better because this is sustainable price action. It's not like these big pumps that have happened before for Pepe, like on the 14th of February, it had a 37% pump and it gave it all away. Over here on the 16th of March had a single day pump of 20% give it all away. This is actually good. Now you want to keep an eye on RSI that topped out at 85.04 on Friday. You also want to keep an eye on spaghetti support here. And I say it's spaghetti support cuz it's not like a hard and fast fixed Phone's in the way. There you go.
35:18 It's not a hard and fast fixed line. I don't even like that. But just looking at this, it is going quite parabolic. Again, I cannot express to you patterns in crypto escalator up elevator down. And I'm not saying it's going to It's not going to go back in time. Nor do I think it's just going to instantly dump. But it just remember that things in crypto, everything's feeling really good until it doesn't. And then we have a very bearish negative reaction to whatever's happening, whether it's legitimate or it's news or it's fud, but just keep that in mind. But it is technically bullish, you'd want to buy the dip. Now for some bearish updates here, Tron is holding. It's technically strong bullish. T B breakouts done their job. It's looking really good on the daily timeframe. RSI maxed out last week on Friday at 90.29.
36:12 It's on an overbought RSI streak for now eight bars, which is nuts. On the 4-hour timeframe it's just printing two T B T bearish divergences, which are very, very early and very weak compared to the trajectory of the slow line, which is very bullish. If it has a pullback, fast line. Fast line is going to be your opportunity there. Just keep in mind that volume is like so-so. It's not super duper strong, but again, it's just drawn. Zcash, interesting price action. on Friday, we saw RSI go all the way to 94.9.
36:47 Again, invert this. That's an insanely overbought level. That's most likely marking a top of some sort. Now, invert it. If we saw RSI at 6.1, which would be the bullish inverse, that would be an insanely oversold chart where you would see people looking at going, "I think I want to build a position here." So, we've seen how this chart has pushed up to this overhead resistance level. It actually pierced it on Friday and Saturday. It went all the way up here to 643.
37:19 and then, seeing it wick up higher, but RSI is starting to If again, it's still super strong overbought. it's been overbought since the beginning of this month. So, for 10 bars. On balance volume is crazy bullish. The price is very bullish. Volume is starting to fall off just a little bit, but honestly, it's crazy. Now, I think it's very overbought. I I think it's going to be falling back down here to the fast line, down about 20%. Also, because it's failing to break above overhead resistance for now. But, that's a crazy move in the last couple of weeks. Huge, huge move.
37:52 Toncoin also had this crazy push up last week. Remember this? from Monday all the way up to Thursday up 114% and since then, RSI has just been falling off. Volume's also been falling off. But, it's also like a massive move. This is a This is what people forget too quickly. This is Toncoin. A normal day is like half a percent down, half a percent up. Like it's these little baby dolphin like sound like it's whippy. And then, they make this big announcement that the all of a sudden they're switching the the validator from away from the TON Foundation to Telegram.
38:32 Okay, cool. This is pretty much all liquidation squeezes that are pushing prices up higher. It will have a correction, and if you're really bullish about it, I would be looking for an entry around here, which would be like a buck 84 or something like that. It's extremely overbought though, given how weak the price action has been for such a long time. Render has a TBT bearish divergence cluster on the 4-hour. Yes, the 4-hour slow line is moving up, so it is technically bullish. I still think that this chart and a lot of other charts moved up, and they basically reached their pivot high moments last week on Friday that hit at 80.62, and now it went down to being oh, sorry, on Saturday down to 69.15.
39:15 Sunday up just above overbought at 70.54, and now it's putting in a lower low. So, I think it's going to be falling down here to support. The main thing to watch is, of course, this long-term support level. Stable printed a TBT bearish divergence right here. It's not terrible. It's just something to keep an eye on. Sky TBO closed long, Dash TBO closed long confirmed on the 4-hour time frame, and Pengu lots of these TBO closed longs on the 4-hour time frame. Now, when I see a lot of these on the 4-hour, I'm looking at this going That doesn't look so great. Also, look at the daily. Price is stalling. RSI is falling. We're seeing lower highs and lower lows starting to pick up pace, and also our spaghetti support level has been dropped.
39:59 Or it's been crossed over the weekend. It could still push up higher. It really could. volume is not terrible at all. It's actually holding up pretty well. It's just below the moving average. Doge, this is just something to keep an eye on. it pushed back above the cloud 3% to TBO resistance, but actually it looks like it's putting in another pivot high move here, which is really interesting. Okay, RSI also didn't even get overbought on Sunday.
40:25 So, just keep that in mind. ICP pushed up way higher than expected. Absolutely insane. Friday up 23% week to week, and then 36% almost all the way to TBO resistance. Is this not insane? Up to four Well, resistance at point Sorry, 4.186. But, on Saturday all high at 0.409. That's nuts. Absolutely crazy price action. So, ICP well done. it's putting in a high right here.
40:55 look for a pullback to the fast line. The last time it's done this, it goes back to the fast line and it goes a lot lower, so just keep that in mind. So, if you haven't taken profits yet, you might want to consider doing some just in case or taking profit. As expected, Binance life. Thank you so much for playing my game. we saw it pull back to the fast line on Thursday last week, and on Sunday lo and behold, scam wick 25% all the way up. I still think it could actually tag the 1.272 fib extension target, which would be a termination confirmation, or basically I think it's going to fall from there.
41:29 But, it is really interesting to note that it's done that big second push and also went overbought. Not anywhere near as high as it was at 99.18. It will never get there again. Never ever. All right. now on to your picks. Okay, pump. This one pushed above I think this is long-term overhead resistance. Yep. So, it did that on Friday up 7%. It's technically strong bullish above the cloud to confirm TBO breakout or confirm TBO open long.
41:58 RSI is looking good. On balance volume is looking good. It's a good looking chart. hyperliquid, still watching this chop sideways. Volume has fallen down just a little bit. just watching and waiting to see if we're going to see a bullish response from RSI when it gets down to about 37 or so, which means that it should drop below this support level, which it hasn't done yet. This is the first support fan level, which is currently today at 4130.
42:27 VVV, Venice token, absolutely insane. from Tuesday last week all the way up to Saturday up 85% super strong bullish chart. This is the one that we were talking about a week or two ago where it said had this pullback to the fast line at 857 saying, "Well, this is our TBO springboard bounce setup. It's done this reliably every single time before." Crazy response, up 90% since then. TAO continues to push up higher and higher, but RSI is putting in lower and lower highs. Now, it could still push up a lot higher. It really could. just keep an eye on how price reacts to this resistance level up here at about 350, but that's that's impressive. BIO, it's working on a TBT bearish divergence today, but that doesn't really mean that much. The main thing to watch here is RSI putting in lower highs while the price is putting in higher highs. Well, not not so much on this last one on Saturday.
43:22 ACH, it's still strong bullish. Every single time it's done this, it pumps, consolidates, pumps, consolidates, pumps, consolidates, so I would expect to see another pump on this chart. Helium, TBT bullish divergence confirmed on Sunday, but we've also seen these fail before. But, one thing to to consider for a chart like this, there's probably a better exchange cuz KuCoin with volume at 49,000. Well, I mean, it's a good pump and dump candidate. it doesn't take very much to pump a chart like this unless there's an exchange that has way more volume for Helium, but I I honestly doubt it's not that one.
44:00 I honestly doubt it. the 259,000, it won't take much to pump a chart like this, not at all. And I think it's happened back over here. Yep, February. So, it pushed up to 98% or so. So, a good target if it pumps would be here at the top of the cloud like a buck 21 or so. Now, for some stocks, NOA3, Nokia, super strong bullish on the daily time frame and on the weekly as well. Now, this is a pretty nasty doji candle on the weekly time frame. Very successful breakout. I mean, up to $11 or so.
44:36 It's still exceptionally overbought on RSI, which means that even if it has a pullback, a minor one, the target to buy the dip would be here at the fast line, which hasn't happened. But, the last time it did, very similar to VVV, great buy the dip opportunity at 9.68. E3B, TBO breakouts on these failed breakouts, these pushes and activity bearish versions confirmed. It's not bad. On the weekly time frame, it's still in bullish consolidation. I would never rather buy the dip on a chart like this, but it did technically confirm bullish on RSI, which means it should be pushing up higher. On balance volume is also starting to do that little little J-hook thing right there with the blue line above the white line. Apple, crazy week last week, really great. And more notably, perfect TBO breakout cluster and overbought on RSI for the last 3 days and counting.
45:31 Crazy price action. It's also pushing up into all-time high category. Or it's not category. All-time highs, period. Just crazy response. And RSI is overbought, which means we're most likely going to see this continue to push up higher. Wow. Bloom Energy is still overbought on the weekly time frame, even though the week closed down red, 10%. It's not a big deal. I'm still waiting for this gap to be closed, which is down here at 239. But, it most likely will fall down to the fast line, do a quick little wick.
46:03 And then it's a buy the dip opportunity. Constellation Energy Group. Wild price action. Why it while it did not the last time I looked at this chart, move up here to overhead resistance. Look what it did over here on Thursday. It wicked. Let me actually get the exact price. 3328.8 That's absolutely insane. Logarithmic for the win. So it hit resistance and it's fallen down to the fast line. there's still a gap way down here too, which I don't want to see that get filled cuz that would be pretty disas- disastrous for this chart down another 10% or so.
46:42 Tesla confirmed a TBO open long on Friday. Crazy move. it still has an open TBO close short, which means that I mean we should be buying on the pullback. just like back over here the TBO close short from Wednesday, April 5th. Buy on the pullback and that's where we get our entry if we're really excited about a chart. SoundHound AI. Well, as long as they have AI in it then it's going to go to the moon, right? really interesting chart. It pulled back to the fast lines.
47:09 This is actually a really good opportunity. It's in bullish consolidation, so this would be the place where you'd want to accumulate and buy. On the weekly, it's also in bullish consolidation. It's a good sign. It's better than being strong bearish, that's for sure. team ha it hit the weekly TBO fast line, so that's the first touch. That's the expected move to happen. The last several times this happened, it got rejected. Here on the 3rd of November, 2025, here in December, 2025 and in January again. So as long as it's below the weekly cloud, this is a dangerous spot to be long or not taking any profit. Yes, it confirmed an open long but it also has a nasty gap all the way down 24% to what $70 or so. Yikes.
47:54 MU, Micron Technology. TBO breakout cluster at the end of April and since then it's up 46 47% Last week alone up 37% RSI at 89.1 Wow, it's just going to keep going. Absolutely incredible. Phew, we're I'm in the wrong market, man. SanDisk up 31% last week. RSI at 92.52 Wow, it's just it's just raging higher and higher.
48:33 Enjoy the ride, guys. Enjoy it. Radcom, how could I turn down a ticker like Radcom? T B O breakout after a pump like this is not really a good sign ever. On the weekly time frame though, it's overbought. Confirmed a week ago. an open long and it's above overhead resistance. So, even though it's a really weird chart it technically I mean I I wouldn't I wouldn't feel comfortable opening a position here, but at least it's it's actually holding up well. I mean it's basically making a flag here, kind of a bear flag to be honest, but it came from a lower price, so it should be breaking out higher.
49:13 MicroStrategy is back to being above the cloud. Actually, it pushed above it on Tuesday and it's in strong bullish mode up 4% on Friday. It's in bullish consolidation on the weekly and it's overbought on weekly RSI as well and on balance volume had a bullish cross. It's actually a really good sign for MicroStrategy. >> >> It's a crazy crazy week, guys. It I mean as always, never a dull week in crypto and in stock market, right?
49:40 So, again, the main things that I want you to take away from this video is scaling in and scaling out positions. If you can do this, it will help you to protect profit. It will also allow you to let runners run. So, that way you're not you're not stressed out wondering, "Okay, I'm just going to stay super duper greedy and I'm just not going to sell this position. It's going to go to a million dollars." No, you want to be scaling out a little bit as it goes up higher. And if it goes up higher than expected, oh well, you've taken profit.
50:07 Be satisfied with any amount of profit. Again, that's one of our core rules in the Better Traders Journal and I have that there on purpose so that way you guys keep yourselves grounded and you don't get caught up in the euphoria, okay? So, hopefully those are some helpful tips for you guys in this longer video. And I want you to watch the video that I shared yesterday about the shift that happened for stablecoin dominance. Watch that and until the next time you know to do, stay awesome and stay in the green. Peace.