[04:21] >> Good morning, everyone. Welcome to the show.
[04:52] Today we're going to look at the crypto market. the crypto market. Uh we did we did um Forex yesterday. And today we're looking at crypto. There's a trade I am in or I am set to
[05:04] go in. I didn't quite get an entry for um Forex yes yes. And I got this live on Discord. So, this is the um this is just my trade. Waiting for entry to come and yeah, I
[05:20] should have entered immediately with the 20 of character, but I'm still okay. This market could have could just go come and still do this, tag me in and go down. This is my trade
[05:32] uh EUR/USD. This is the only trade I placed for EUR for the Forex market this week. I'm also looking forward to to this. I might just take this This is the GBP/USD. I started looking at it this morning.
[05:47] But, anyway, this is today is for the forex I mean for the crypto market. We're going to start with Bitcoin, okay? Um Um last week
[06:05] Uh this is the 4-hour time frame. Let me go to the 1-hour. It was very simple go to the 1-hour. It was very simple trade. Okay? If you watch here I mean if you watch my analysis, I said I can take
[06:19] a short position from here or from here. It just depends on what happened here. If we get a good confirmation entry here then this might be the place. If we don't and this market breaks through
[06:32] then we are targeting this place for a But, the trade we took last week is this >> [cough] >> It was simply this.
[06:44] From here um once we had this break here
[06:56] Bitcoin this morning before the live. So, I'm doing it live with you. So, I'm doing it live with you. This was a trade at a three here and
[07:15] We got off three three X. boom, when it take profit. This is same trade I took
[07:27] trade I took for Solana. This is my Solana trade and if you're following me on Twitter, I was posting about this um yesterday. I'm actually out of this trade. I I because I was studying trading.
[07:40] But, you can see I took some profit here at four I took some profit here at four um hour and I was taking out 21 at 3.4. Now, this is I'm I'm happy with this, okay? Because once I get at least three
[07:52] hour from any of my trade, I am happy with that. Okay? But now, let's look at the trade we can we can take uh maybe today or even tomorrow, depending on when this shows up. For
[08:05] I'm looking at this point, okay? Why am I looking at that point? Because we have a breaker structure here. I can actually call this a change of So, yes, it's not quite it's not quite
[08:20] um because we don't have a proper break because we don't have a proper break over here.
[08:38] doesn't qualify for that, then this one sure qualifies for considering um if you consider that, it sure it sure qualifies. So, this becomes the
[08:53] then we're going to Bitcoin. So, this might qualify as the demand zone and this is a daily demand zone. So, what I'm looking for is let me just do that live. I'm going to
[09:08] let me just do that live. I'm going to put an alert here. This here is my target. This bottom is my target. So, what I'm looking for is to go short on on Solana. It's when the market gets here, look for
[09:23] to take it down. As simple as that. But I will only take this trade if I see a confirmation entry. If I zoom out of Solana, you'll notice that I have even a bigger
[09:37] target down. So, don't be surprised if Solana go as low and gets to 39. That is about 40 dollars. I won't be surprised if Solana gets to 40 dollars.
[09:52] when it gets them expecting a lot of range here for to come, you know, before we finally push up. But, this is the ultimate target for me. This down here. Okay, let me just go to the
[10:06] daily time frame to make it more make more sense. So, I'm at I have at least I'm expecting at this. So, but let us start with this as a target. This one. That is 48 dollars. Um I think I I
[10:21] So, 48 dollars at least is where we can look at. If that fails, then we can now start looking at um 38 um dollars for Solana. So, these are the areas I'm looking at.
[10:36] To to get Solana to come to before we start rising again. And it is very possible. It has happened in the past. Solana went all the way to um um 260 dollars. From there, it came down
[10:52] to um 8 dollars before coming down before going up again. So, if you're having Solana at Solana at uh the last high is 296
[11:06] So, I won't be surprised if you come all the way to um 45, 42, even 38 dollars before we see it
[11:18] rise again. Solana was what was Solana in the last um season. Solana was one of my very good buy because I actually bought at 19 dollars and I held it to over 200 dollars before selling. That is for the buying in the spot
[11:31] That is for the buying in the spot market. But for trading, it's I'm looking at. Okay? In the short term, look for confirmation. Like I said, this was a very good trade for me. I'm happy with
[11:44] it. This trade took almost 5 days, over 5 days to play out, but I'm happy with 5 days to play out, but I'm happy with the outcome. So, for Solana, it's just confirmation entry I'm looking to take here. Now,
[11:57] um I could start looking for confirmation around here. It's just that I can take out this trade because I'm not going in this trade, okay? I could take out I can I can look for confirmation entry to go lower here, but
[12:12] the just now is not clear. What I can actually look for here, okay? is to go high. So, this is this now becomes a day trade. See what I mean?
[12:24] trade. See what I mean? This area is an area of Solana. Okay? Now, what I could do is even go this an area. Um
[12:39] Um we might come down down this way, okay? And you can get confirmation here. Then I can take it longer. Can go long,
[12:54] Then I can take it longer. Can go long, okay? See target in my region. Then, we can still sweep. See this what I mean by sweep? We can come down this
[13:07] way and still sweep it this way. Okay? If I still get a confirmation, All right? Whether this happens or this happens, this will be an opportunity I'll still be looking um at Solana for
[13:21] to take a long position because this is where I'm targeting. So, for this, I'm actually going to go ahead and put um an alert here so that it alerts when that happens. And when it happens, I'm I'm I won't
[13:37] highest high. I think this will just be enough for me. It's something like this. Um Um long position from here.
[14:02] taking. This is the setup. forward to is um on the 15-minute on the 5-minutes. If this market comes down,
[14:18] it's coming down, okay? And it comes down to this area, and it gives me a confirmation, then I'll take this trade from here. Simple as that. This is my setup for
[14:33] Solana. This is the short-term setup. And the bigger time frame, I'm looking to take a short position when we get to this particular price level.
[14:48] Solana um trade done. Now, let's go to the Bitcoin. Okay? Bitcoin was also a trade I took. So, I took two very um good trade on Bitcoin and Solana last week. Let's look at what I have for this week. So, you
[15:03] can see that initially I have this that when Bitcoin gets here, if Bitcoin gets here, what I'm looking for is a confirmation. If I get it, I'm taking short position. But, if this fails, I didn't get a confirmation here,
[15:19] then I'm looking forward to um, here. This region. This is how I look for confirmation. So, the way it's looking, you can see that when we
[15:32] we don't have a set up for confirmation here. Um, in this region because this is a this is an impulsive move. This is a very big impulsive move, we slow down,
[15:46] and we went higher. As a matter of fact, you can see that this is a line with an alert. So, I'm looking at, okay, my confirmation is going to come confirmation is going to come when price actually does this.
[15:59] If price comes down this way below this low, then that is my confirmation and then I can go lower Okay? One scenario. Now, what I think I can look at is this.
[16:14] you see price is one trying to go higher from here. But, what what I will still look at is this. So, the whole of this is an order block. Um,
[16:26] this should be Let me go to 4 hours. So, you can see that this is a 4-hour order block. This one I I I will even start from here. This should be like 8-hour order
[16:38] Okay? It's not even 4 hours, 8-hour order 1-hour time frame. So, again, it's not uh there's a difference between order block, supply demand zone,
[16:51] and the Fibonaccis and golden zone I talk about. But, this one is an order So, the same thing I would be if price
[17:03] fact, the same thing I did for Solana, I'll go and do here for Bitcoin. I'll go and do here for Bitcoin. If to set an alert here. So, if price comes down this way like this,
[17:17] okay? Then gives me a confirmation entry and Then gives me a confirmation entry and I'm taking a long position to the here. Because this is the next significant zone. This zone is actually a one a
[17:32] daily supply zone that I marked out earlier. Daily supply zone. So, earlier. Daily supply zone. So, um if price comes into this region here and gives me a confirmation entry on the 5-minutes time frame,
[17:46] then I'm taking a long position from here and my target is to target this particular region. But if you break six below, now I'm taking short position to this particular region.
[18:02] you look at it. If this happens, we do this. If it doesn't happen, we wait for the next thing to happen. And guys, uh we are currently testing out the copy copy me um the trade platform where you
[18:17] can copy my trade exactly as I take them and the trade of every other person. The waitlist is in the description of this video. Um do well to join. Uh the app is going to be launching. We're looking at end of this month
[18:29] We're looking at end of this month latest. We'll have it the first week of Okay, so that is for Bitcoin. Let Let's look at Ethereum. So, Ethereum, I didn't take this trade on Ethereum, but if you look at the same
[18:41] I'm on the 4 hours. Over here is a 4-hour demand zone. As a matter of fact, I'm going to make this Let me expand this to make it an order block. So, from order block,
[18:56] um this becomes an order block. this becomes an order block. Okay? Why is it an order block? You have the green candle. We also have a significant
[19:08] green candle. We also have a significant fair value gap here.
[19:25] have vertical structures all around. Um from here and for Ethereum, the same thing, this blue line is the line I'm targeting. Let me go down to um the daily demand zone. So, this daily
[19:39] demand demand zone. Uh this is the daily time frame, rather. So, um again, you will see here. Let's look at the logic. The logic makes this thing make sense.
[19:53] From this top, we see here, this is Ethereum at 40 40 4,881 this is Ethereum at 40 40 4,881 dollars. Okay? From this top, it went
[20:06] dollars. Okay? From this top, it went down all the way to where? Um 872 Okay? Then from there, it went up again, came
[20:19] down. This has been a very big swing. The last high it attained is what? 956 dollars. And from here now, so it is not
[20:31] dollars. And from here now, so it is not out of place if Ethereum comes down to 1,003 cuz this bottom I'm looking at. This This is a the next target. This This is a the next target. 1,000 um 378. It is not even out of
[20:43] place if we see Ethereum at 700 or we'll see that at 700 something at to see Ethereum go again, maybe to around 4,000. If you want to accumulate Ethereum, this is the point. This is the
[20:58] price to start looking at to start building your portfolio again. Again, I will say if you want to do DCA, start your DCA around here. DCA is start your DCA around here. DCA is dollar cost average.
[21:14] still have a shout-out every every time we start. So, let me know in in the comments section where you are attending the live from. I'd like to know. I'd like to know these things. For me, I'm in Lagos, Nigeria.
[21:27] So, go to the chat. Tell me where you are attending the live from. So, Ethereum, I'll call that out. Going back to the 4-hour timeframe.
[21:43] now from the 4 hours? So, I'm going to go to the 1-hour actually right now. So, the same thing applies here for me.
[21:58] This is the zone I'm looking at from here is where I'm looking at to go short. Okay? If we get a confirmation entry from this
[22:12] then I'm going short. So, Sivas from Turkey, So, Sivas from Turkey, um
[22:24] hope I got I got it pronounced correctly. Sivas from Turkey. So, for the long term, for this is the more like a the high probability trade for me, okay? But, if you look at the shorter
[22:40] the this, we'll see that we have here as well. We have this should be a 4-hour demand zone here.
[22:53] We have a fair value gap here. What's our fair value gap here? If I want to sometimes, take it from this bottom, go all the way to the top here. You can see that
[23:06] all this place still are lines with my Fibonacci. With my golden zone. I'm going to go ahead and call this a golden zone. So, this is Ethereum we are still on.
[23:27] So, shout out to Matsou [snorts] Emu Foracman. Hope I got that right from Pretoria in South Africa. So, what are we looking for at here?
[23:47] to take a short position from here for Ethereum. this one I'm looking at. If price I'm going to go to the 5-minute time frame now.
[23:59] time frame now. Okay? If price finds its way Okay? If price finds its way down to this region And I get a confirmation here then I'm taking a
[24:15] And where's going to be my first target? My first target is just simply this high happy. I can choose to extend it to this particular point. But, this will just be the simple trade I'm going to take a
[24:30] long position from here. Then when I get here, I'm looking for a short position. So, we've looked at Bitcoin, Ethereum, Solana. Let's also Let us also look at XRP. XRP is actually showing that you can see
[24:44] from the chart I drew here that I'm looking forward to this last week. I'm this from here. I didn't actually take uh because it gave you an entry to go long here.
[24:58] I didn't take this straight from here. Now, you mustn't take all your trades. Last week, I was looking at three trades I want to take a long from. I looked I found four actually.
[25:11] found four actually. Bitcoin, Ethereum, Solana, and XRP. But, I ended up taking only two, which is Solana and um Bitcoin because it just gave me the setup that makes the most sense.
[25:26] should look out for. for um XRP, it's actually in the region where I'm expecting it to go
[25:40] sh- where I have to take a short from. But, the thing is that the structure is not the structure here doesn't just make sense. The structure is not um
[25:53] go short. I'll show you what I mean. Let me go to the 15 minutes now. So, normally, for you to go short, you want to see this do this.
[26:07] At least give you a better structure, okay? Then, when it breaks below this one, then I can now go short, right? But, here didn't actually give that. You can see that
[26:20] over here is not a very good structure. So, therefore, I may be I will be expecting this to structure This is where the structure makes sense here. If it breaks below
[26:33] here, then this is a better structure to start going um lower from if it breaks the below Which doesn't make sense. It's almost almost near our target. So, I'm still
[26:46] going to wait to see what it does. Maybe we're going to get We're still going to get something like this. We have a confirmation entry here and we go higher and maybe it goes and breaks this to
[26:58] this point. Then, if we now get a confirmation then that's this will now be the trade that I'm going to take. um to everybody. Uh I'm still dropping all this
[27:14] Uh I'm still dropping all this on Discord as they go Discord channel. Of course, this one is a trade that I dropped on Discord, but I am I'm showing it to you right here.
[27:27] And um this is a trade I'm going to look at and probably take this morning. This is from yesterday.
[27:41] crypto market. Look for for Bitcoin, a quick recap, for Bitcoin, look for a long position here, 5-minute confirmation. Look for short uh look for a short
[27:53] 5-minute confirmation. For Ethereum, the same thing, long from here, 5-minute confirmation, from here, uh 5-minute confirmation, Solana,
[28:09] the same thing, same thing, XRP, the same thing. Now, if you have all these things all these set up showing up at the same time, you mustn't take them all at the same time. You mustn't take all
[28:24] of them. All right? You You should know how to properly manage your risk. I'm Kenny. Kenny's in Abuja, Nigeria. Welcome to Kenny's in Abuja, Nigeria. Welcome to the show. So, you mustn't take
[28:38] all the set up that you see. So, we are looking at um Bit- for chart, for example. So, what you can do is this.
[28:54] time, you can if you want to take two of them at the same time, you know the risk you usually take. So, what you do is you split it between if you risk say $100 per trade
[29:09] or you or you risk $1,000 per trade, you might split them say 500 500 just to might split them say 500 500 just to make sure you don't overexpose yourself Or you just pick one of the trades and take it. Just depends on you.
[29:25] Then, we have challenge um that was going on in my community.
[29:44] out today. If you're on Telegram, you can go there and see the person that out. That is uh you see the name on um Telegram. So, you go and check it out to know who the winner is. All right,
[29:59] everybody. Have a very um great trading week. I'm going to see on Monday to talk about the forest market.
[30:12] Monday to talk about the forest market. Bye, everyone.