Crypto Market Analysis: BTC, ETH, SOL, XRP — Full Breakdown & Transcript

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[03:27] show. I'm not getting much feedback from the comment section. Um, but we're going to continue. For some reason, I'm not getting feedback to know how many of you are online. Um, but we're going to go ahead and continue

[03:41] with the show. So, welcome again. We're looking at the crypto market today. The looking at the crypto market today. The cryptocurrency market.

[04:35] So we are looking at the crypto market today. Okay, welcome again. We're looking at crypto market today and we're analyzing four currencies, BTC, Ethereum, Solana, and XRP. So, I

[04:50] see you in the house, Debor from Abuja. Um, for some reason, I can't see those who are on on YouTube, but I can see those who are on Twitter and Facebook. those who are on Twitter and Facebook. Welcome to the show once again.

[05:04] So something interesting happened last week. So this is BTC, right? Something happened last week. There were two very good trades last week and today we're could take this week. These two trades last week were actually very good. One

[05:18] of them is a 3 hour and one of them is a 4 hour. Um if you look at this, let's look at the structure first. I've always said that

[05:30] I'm looking for Bitcoin to come down to 44,700. 44,700. I've mention it a couple of times and I am still positive that Bitcoin is going to come down to 44,000. Okay, but

[05:46] from what we're seeing here, we are likely going to see a retracement. This what I this what I expect to happen. We have had this and we'll have this retracement and we're going to have this breakdown.

[06:00] Okay, but I'm still positive that we're going to reach get to this particular point. This is what I am seeing so far from the chart. Um, we are having a bit some people are going to start crying that Bitcoin the bull season is back and

[06:17] all that and all that. Me personally, I don't think that is so. I think we're just going to find a way to go further down. um the rest of the year. That is down. um the rest of the year. That is what my analysis um is. So I'm still

[06:32] again unless some certain condition changes. If Bitcoin goes above 85 82,500 changes. If Bitcoin goes above 85 82,500 then my um bias might just change. But as it stands now if Bitcoin even get to 75,000 I believe that is the place or

[06:48] that is the region 7577,000. can see another drop. But for the be trading I'm going to be longing Bitcoin right now knowing that okay,

[07:02] this short term this shortterm maybe the rest of the month we might be going up but after that we might start coming down again.

[07:18] Okay. So now Bitcoin, let's look at Bitcoin. We have over here break structure. Okay, we've traded Bitcoin all this way. We I explained Bitcoin all this way. We I explained this chart right from around here. Okay,

[07:32] right from around in February of this year. We've traded all the way to this side and we came all the way down. This is where right now. Now last week I said is where right now. Now last week I said something

[07:49] over here I marked out this golden zone saying that so my plan was this that is why confirmation entry are so good my plan was that if Bitcoin goes below this

[08:02] particular line here this one if it goes below this line then I'm trading downwards but you can see it didn't actually come below that line what actually come below that line what happened it went up this something and

[08:15] going to I'm going to tell you what happened in this region. What happened happened in this region. What happened here was the news. The CPI news came here was the news. The CPI news came out. CPI news came out that was 14th of

[08:27] um July last week. When CPI came out, CPI was CPI was um the result was not good for the dollars. The result shows that the dollar is going to fall and every

[08:40] currency be bit Bitcoin, even the forest market, gold, anything that is paid against the dollars is going to rise in price and that is what going to rise in price and that is what led to this particular rise in price

[08:54] led to this particular rise in price here. So price went up, broke this high here. So price went up, broke this high that we have here and from then So I'm going to go down. Let me just go down to the 5 minute time frame and show

[09:08] down to the 5 minute time frame and show you guys that. see my my alarm was still on at this point. Um breakoff structure change of

[09:20] character. This becomes the trade 3hour. This place was marked out. We had the same thing here. We have a break of structure here change of character here. retracement and we then had this this this went throughout the weekend and

[09:36] finally yesterday we when I had this um finally yesterday we when I had this um yesterday so this is the um outcome of that particular move that happened that day. So it's always good you wait for

[09:51] you just just just follow your plan. That is what that is what I will say. So based off of this, what do I expect? If you look at this particular move we have here, this breakout structure here. Okay, the

[10:07] breakout structure here. Okay, the golden zone and the supply zone that led to this breakout structure is this one over here. structure is this one over here. Is this one? This one over here. So

[10:21] Is this one? This one over here. So initially after this breakout structure we had another breakout structure which is what I expected to be expected but is what I expected to be expected but the news seems to um

[10:35] the news just seems to want to defile this. So what do I expect to happen here this. So what do I expect to happen here even though we are still inside the even though we are still inside the protected high of this move? We are

[10:48] still inside the protected high. But if you look here, if you look at this zone, um this is efficient. Let me get another stuff. So on the 4 hours,

[11:04] you will see that this area is an efficient area, which means that price coming into this area is likely to keep going higher. Let's go

[11:16] is likely to keep going higher. Let's go to the 1 hour to be sure that um the to the 1 hour to be sure that um the same thing still applies.

[11:32] So if you go to the 1 hour, we are still efficient.

[15:40] issue. So, we're going to keep it quite short.

[17:01] >> [snorts] >> Okay, I think I'm back.

[17:13] So, some connection issues, but I am back. Let's just um round this up. Okay.

[17:34] So, Bitcoin. So, this is where we are with Bitcoin. Um again I said what I'm expecting now is to see Bitcoin go all the way to this particular high and I was saying that even though from this region we might

[17:50] look we might be looking bearish right because we are still within this particular um breakup structure move but over here is showing me a lot of um if you zoom in you will see that

[18:07] the actions here this is quite some sort of an efficient this is quite some sort of an efficient price action. So I am more confident that we're going to go higher. So how do we go higher? I

[18:19] >> Yes. >> So I want to see how I can trade this >> So I want to see how I can trade this all the way to this particular region.

[18:34] So from here we've had let me just remove this.

[19:04] here we have a breaker structure over here.

[19:22] just here. Okay. So that breaker structure Okay. So that breaker structure what can we see?

[22:58] You can only define a golden zone when the market start coming. I can see the market has start coming down from here. So one way to take this trade is simply take your long position to place it from

[23:13] long position to place it from the beginning of that demand zone and you want to target at least a three. So this point now

[23:27] this point is a 3.7. So you want to target at least a three. Okay. for this particular trade. This will be a trade that is good to take. Now, if you want to get better um risk-reward ratio, you can just be

[23:41] patient, put an alarm here. I'm going to do that right now and just simply wait. Whenever the market finds its way down to this region, this can be later.

[23:54] It can happen maybe not today, tomorrow, or next. Whenever the market finds its way to this region, you want to wait for a change of character. Once you get that change of character, that is when you place your trade. So, this is the player

[24:09] I'm seeing for for Bitcoin. This one will give me a better risk-to-reward will give me a better risk-to-reward ratio. And not only that, not only is it ratio. And not only that, not only is it giving me a better risk ratio, but

[24:22] um I am less likely I am more likely to win the trade if I just wait for this. But the thing is that I might miss that trade if it doesn't give me a confirmation entry. While the second one

[24:35] confirmation entry. While the second one I'm more likely to enter the trade I'm more likely to enter the trade but the probability to lose to lose is higher and the risk worth ratio is not as high as the first option. So this is

[24:48] my play for Bitcoin. So the whole idea is this. The whole idea is to find look is this. The whole idea is to find look for a way to trade Bitcoin into this efficient zone more into the efficient zone. If it breaks above this

[25:03] beautiful then we keep on looking for way to trade it till we get to this region. In this region this is where we start looking for entry confirmation entry to go down. I believe that we might spend if we get into this region,

[25:18] we might spend another one to two weeks in this region before coming down. We might just spend one, you know, one week or maybe one day and go down, but we might spend another maybe one to two weeks trying to get some price action

[25:32] Some people say we're going to go, we're going long, going 75, we're going higher. And the real traders knows that if we get a confirmation here, we are just about to go down more. So that is that for Bitcoin. Let's look at

[25:46] Ethereum. I think I might call some things short since we uh so for Ethereum. Let's look at Ethereum. So I'm on the daily time frame be able to draw this demand zone here. This a daily demand zone for Ethereum.

[26:00] Looking at basically the same thing. Um I am positive that we are going lower. I am positive that we are going lower. We can see um a three-digit Ethereum. So what I mean three digits, Ethereum might go below $1,000.

[26:14] go below $1,000. Very possible possibly to seven um up to 7 something. Um according to what we have here, we can go um lower than seven. So John is asking what is the golden zone? ICT call it OT optimal

[26:32] trade entry. It is simply the region if you draw a Fibonacci 2 in fact the normal Fibonacci to or anyone any way you choose to modify it. It is the you choose to modify it. It is the region between the 0 um 79 and 0.62 that

[26:47] golden zone. If you watch my other videos you will see um how I draw that particular golden zone. I hope I hope that answers your question. So looking at Ethereum on a daily time frame what can I see? Like I

[27:01] daily time frame what can I see? Like I said, I I [clears throat] am in Ethereum may likely come down to the three digits Ethereum price 760

[27:13] something and from there I believe we're going to go ahead and hit a new alltime high definitely not this year but this is a region I feel okay if you want to do DC into Ethereum you can start doing DC into

[27:26] Ethereum but we're doing futures trading how do we trade this. Okay, here we have a breaker structure. F don't need to still have this open. A breakout structure. This BOS has a

[27:40] golden zone and that golden zone is this one here. And also here we have a demand one here. And also here we have a demand zone which is the area where we simply expect price to retrace from. See what I mean? Price is going to find its way up

[27:54] to this region. From this region, we might see Ethereum drop from here. That is just a simple plan. All right. So, All right. So, let's go to the 4hour time frame.

[28:23] actually draw this drew this um demand zone. You can see that it was just so clear. I drew this demand zone. I think I it was in this live I did this. This pull up from. But you can see Etheum didn't pull up from here. But Ethereum

[28:39] has two zone. One is that this particular zone here is a zone where um it's a it's a it's a 4hour supply zone and this zone

[28:54] Ethereum could drop from here. So Ethereum can do two things from this particular zone. One is it can come to this zone give a confirmation and we go lower. Okay. It can also come to this zone and break it. If he breaks it then

[29:11] the possibility that it keeps going higher is there. Now higher is there. Now I am rooting for the second scenario.

[29:23] Again I am rooting for that doesn't mean that is what is going to happen. Uh because we trade based on if the market do this we do this. If the market shows this we do this. We don't trade based on what you want to happen. I'm just saying

[29:37] I'm I'm waiting for the second one to happen. But the second one doesn't happen, no problem. Whatever happens here, I will trade based on what the market is saying. So, how do I now take this particular trade? I think for me

[29:51] one, I'm going to wait for if we get confirmation as Ethereum is right now. I'm actually doing nothing. If you get a confirmation here, I might take this trade. If we get a break over here then

[30:07] my direction becomes very certain. If we get a break I want to repeat that. If we get a break say we break through this then I want to I can trade lower and

[30:21] trade higher this way. This will be my play. If we just break over this demand zone and that is simply what I'll wait for. But for Bitcoin, it is I am pretty sure on what I want to trade from this point. But Ethereum, I think I just have

[30:35] to wait to see what happens in this region before I make a decision. Let's go to Solana. Solana um if you watch some few weeks back, I've not actually taken trading in quite in quite some time. Um from the

[30:51] 8th of July, this is my play from 8th of July. My play was to after we have this demand zone fail. My play was simply this. I'm going to show you now was a short position from this region. Okay. And the

[31:08] low is to target this particular low. That was my play. But you can see from that 8th of July up to this point, this is what we'll be having. So I've actually removed this. Okay. There's now possibility based on what has happened

[31:24] and macroeconomics microeconomics is just simply the C the CPI and other just simply the C the CPI and other macro datas that we saw based on that this might still hold. This might still hold and not only that

[31:38] we might also see Sana push higher before we move lower again. Generally before we move lower again. Generally for crypto I am still bearish on the on for crypto I am still bearish on the on the larger scale. on the lower scale. Um

[31:53] this might still happen. We might still go we might still take you know um direction from here and go lower or might break through it and go proper into this zone because if you look higher I'm just going to go to the 4hour

[32:08] time frame right now. If you look higher here you can see there is still a lot of zone. I want to go to the daily right now. If you go higher, you can see that

[32:20] here we have a supply zone over here. A daily supply zone.

[32:32] We have a daily supply zone over here. So it is possible that Sana push higher So it is possible that Sana push higher and into this zone.

[32:50] that push higher into this zone. So how do I trade Solana? It's quite simple. Um again based on macroeconomies we might push higher into this zone. Okay into

[33:03] this zone back into this particular zone before we go lower. But then again, initially this was my plan to go lower before this macroeconomics data came out. So how do I trade this? So over here we have a I want this this is not

[33:21] here we have a I want this this is not like I want to call this um a BOS but it's not a proper B on the on 1 hour but on 30 minutes a B. So we

[33:37] have this okay we have this high here okay we have this high here over here

[33:50] do is I want to place this. So if we can see price drive into this zone into this zone then I want to retrace and go higher from this particular zone.

[34:06] This will be a zone I'll be looking forward to take a trade from then into the zone. I hope that is clear. If price breaks above this high then wait for it

[34:20] to retrace this is zone you consider to take a trade from into this particular zone. But if it goes into this particular zone here, [snorts] if it goes straight into this zone,

[34:33] okay, um you just have to wait. What does it do here? Does it give structure and breaks it? If it breaks it, then you want to start going lower. Okay? But if it does this, if it does, if it does this and does

[34:47] this, then you want to trade, you want to keep on trading higher. So, this zone determines the direction you go based on what happens here. After price gets into this zone, if it pulls through, you want to keep going higher.

[35:02] through, you want to keep going higher. But if he pulls this way and then breaks lower. That is simply how you want to play the game with Solana. So for Solana

[35:14] is also a waiting game for me. It's only Bitcoin that's giving me a more clearer um what to trade clearer. So let's end with XRP. XRP the same thing has been happening or similar thing has been happening with XRP. So over here we have

[35:29] happening with XRP. So over here we have this BOS. Okay. Now, this was a trade I was waiting for and I I also talked about it in this live, this particular trade. But what happened? What made me not take this trade? I always just wait

[35:43] for my golden zone to be tapped into. And you see here that price came up. It didn't it's it was very close, but it didn't get into my golden zone. As a from here, it have been a very good trade. But that didn't happen. Price

[35:58] zone. Now again from macroeconomic data I still feel that we might get back into this golden zone. So what is my play for

[36:11] um for XRP? I'm going to draw this. This is is an this breakout structure I'm going to go to the 1 hour time frame right now. From this breakout structure there are two

[36:26] this breakout structure there are two things we can consider. One is this very other block here. Um there's two ways to draw it. I can draw from this region.

[36:38] Okay, this other block here. I can also refine it to this particular region. So this very this particular order block is what I'm considering.

[36:50] Okay. Now it is not time for me to draw my Fibonacci zone because price need to start coming down before I determine what my Fibonacci is. Price need to start doing this. Okay, before I can draw my Fibonacci. So the only thing I

[37:05] draw my Fibonacci. So the only thing I can draw here is just my order block. And looking at this from face value. Okay, my my bias is that price is going

[37:19] Okay, my my bias is that price is going to go back. zone. Price going to get to this zone. So, looking at this, a simple way to trade this is simply to take a long position

[37:36] from this region. Um, you can put your stop loss below and your take profit. It can go as high as this. You just wait for it patiently. So this is one way. The second way I always say is to wait for price um to come down to this

[37:52] region. When it comes down to this region, you now go to the 5 minutes um time frame and look for confirmation entry here. You get a better risk ratio. entry here. You get a better risk ratio. You also get a um a more safer entry to

[38:08] take this trade from here. wait to wait for that. But the only actually miss this trade if this trade just taps into this space and if you

[38:20] just tap once and just you know moves out from there without giving you a confirmation. So these are the three the four trades we're looking at. One is Bitcoin. Um so Bitcoin

[38:33] Um so Bitcoin trade is very similar to that of to that Bitcoin. You can see this I'm also looking at for XRP. Then for Ethereum I

[38:47] am still not decided. I waited for what happens in this region. And for Solana also I'm waiting for what happens. We need to break. We need to trade with structure. Again four things I look at is trend where what is the general

[39:02] direction of the market structure. How is it going there? The higher highs, lower lows, breakout structure, change of character that that is a structure. Then area where are what areas does price take move from