Bitcoin Pullback Analysis & Trading Tips — Full Breakdown & Transcript

[00:29] people are starting to join. Welcome everyone! everyone! Hello, hello, greetings. Greetings to Bruno José, Verónica Vargas, Dan, and Ojeda. Greetings!

[00:44] It's great that you're connecting. How are you? Very good, very good, very good. Looking at the market here, trading, we'll explain a The market has been quite interesting lately. I like it. I like your colors. Good, I

[00:59] lately. I like it. I like your colors. Good, I also like this one. Well, it's reaching an important resistance zone, and I expect a small, resistance zone, and I expect a small, healthy correction, which is necessary. So I think

[01:13] we're in, we're on the right track. It looks good. We could have a pullback. Now we see on the chart, I think we could also fall to the 40-41 zone. That whole area, to take

[01:25] some liquidity and keep going up, but I'm holding onto a little bit of but I'm holding onto a little bit of liquidity, so I'd like it to drop a little. That's good, to build up more if it looks promising. It looks promising.

[01:40] People are joining little by little. Welcome everyone! Another marathon, Joe! We'll do another marathon very soon. Where we'll be back for

[01:54] 12 hours with the best traders and fundamental analysts. We're organizing it, we're putting the finishing touches on it. I think in a couple of months

[02:08] think in a couple of months we can have it all sorted out. And just adding a little value to the community, which is great, fantastic, fantastic! community, which is great, fantastic, fantastic!

[02:27] Ávila Méndez. Today's live stream the Bitcoin chart. We're trading based on market performance, seeing how the market is doing, and doing a macro analysis. Álex will talk to us about some

[02:42] technical analysis. I'll have some surprises for us to apply, and we'll make some comprehensive entries if we see how the alternative market is doing, which has fallen quite a bit these days. But well,

[02:54] like what I see quite a lot. You have to be a little patient because it's quite slow, quite slow. After 2 minutes, we'll start. quite slow. After 2 minutes, we'll start.

[03:13] You took charge in this drop, yours? One, if I were buying, yes, yes, I bought. I received orders worth 0.4, it didn't reach 0.37, etc. I had enough to buy a Vendor Center or something similar, but it didn't go through. I posted

[03:28] buy more at a lower price, but it didn't go through. Anyway, I'm happy with the orders I've been putting into the system, to buy some chests too, especially Polka Dot. I bought it quite cheaply when it was hot because, well, it's a pretty

[03:42] interesting project and I had less than I should have. In the end, my goal is to accumulate units of cryptocurrencies regardless of their price. I like to accumulate as much as possible, and I've

[03:56] buying things because they're cheap. Even so, I think the market will give us a chance to buy some cheaper ones too. I like we're saying, with this [unclear - possibly "sal" or "federal"]. I

[04:10] took the opportunity to get into coins I wasn't in, to accumulate a little more in the ones I've been wasn't in, to accumulate a little more in the ones I've been accumulating for a while. I have liquidity that I wanted to buy, but when I couldn't, I did n't buy because I preferred not to

[04:23] train, since I hadn't entered. Like Rose, for example, I've never really entered Rose. This switch is also a coin I'm wanting to accumulate and add a

[04:39] wanting to accumulate and add a little more to my beautiful Light Coin. We'll see the thorn. I'm not exactly a lay maximalist, but it has a very, very strong technical pattern on a weekly scale, which I think is worth the

[04:53] risk-reward to be positioned here and wait for it to spike. If you want, we can look at the chart of the event, Alex, which is very interesting. is very interesting. If you want, I'll share the screen, Alex,

[05:06] first thing I want to put is a Bitcoin chart. I'm going to to delete all the charts, we'll leave it clean. What I'm going to do is put this data. We 've already shared it on Twitter. It's a

[05:21] three-day chart where we're going to put the Vélez X chart. The Vélez X is the Bitcoin chart with the longest historical data. Okay, the other one is Bits Tan, but Vélez X,

[05:36] sorry, I lost it. The Vélez X is going to give us the historical data from 2010. also going to put the Vélez X on the three-

[05:50] day scale of the entire Bitcoin chart. Let's see if it fits on the screen. I should go see if what I'm going to do now is clear. going to do now is add an indicator called the

[06:03] Relative Strength Index (RSI). People underestimate this indicator, but it's actually very easy to use. We don't use it for long-term analysis, and we're going to look at it. We're going to see the symmetries it has shown. What

[06:18] three-day chart is the position it has taken in yesterday's chart on Twitter and is an indicator that shows us the strength of the price, the

[06:30] price strength of an asset. In this case, it's Bitcoin. Normally, as you know, the price can enter oversold, overbought, or oversold zones. Normally, when it enters these zones, there's usually a

[06:45] divergences and a lot of other factors. But let's see the similarities that the charts have. Link to detect A possible trigger point in the drop we've had, regardless of the metric, there are

[07:00] reset, like the metrics of the holders, not the Hornets holders, shorter, okay, they've had losses of around 40%. The last data preceding this

[07:15] movement was the comic book crash and the fall in the capitalization of the 18th, sorry, that's when the holders had so many losses, and we'll do a class, a whole session of metrics, a chip, because we

[07:29] it. This is a three-day Bitcoin chart with an RS, and in three days what I three-day Bitcoin chart with an RS, and in three days what I want to show is that when the RC i has positioned itself in the red band, the red band is the one down here just

[07:42] before entering oversold territory, okay, the times it has positioned itself in this zone it times it has positioned itself in this zone it has marked a Bitcoin trigger point, okay, or a has marked a Bitcoin trigger point, okay, or a voting zone, okay, if not the trigger point very close to a

[07:55] bottom, okay, a trigger point is a bottom, let's say it's the best zone to the red band it has triggered a trigger point and the price has continued to rise. We are talking about movements of a year. Assumptions for the holder,

[08:09] or is for him, for the short-term speculator, and right now we've want you to see. Every time the RC has entered the red band, we've marked a vote. Right now we've touched the red band, and it seems we may have

[08:24] marked a vote. It's data, it's one more piece of information; it doesn't determine an operation, but in the end, we're analysts, and we don't have the data for a lot of metrics. This is what we 've already done: a thousand analyses. In the long

[08:39] rising, even though we've had a 50 percent pullback. Bitcoins are characterized by having massive pullbacks, and this is how it is. It's very easy to see. Now at 69,000, we could have sold above and bought

[08:53] could have sold above and bought below. The long-term holder usually holds directly. So you understand, approximately—I'll be very, very slightly wrong— approximately between 70 and 80 percent of the hits/cons

[09:06] in the system are holders. Two equal cold ones. That means people are percentage that is the liquid supply is the supply that the exchanges have. Right now there are between 2 and 3 million bits to trade, the rest

[09:19] are on hold. There are a lot of metrics that we've gone through that tell us this, understand that the price is going to continue rising. I won't go into detail, the metrics are... I'm going to put the short-term chart, which is what

[09:32] and where we are. Right now I'm shorting bitcoins. I know that shorting an upward trend is risky. I'm going to delete all this to graph a little bit what we're doing. I think Alex is ending up

[09:48] shorting, and I think that given the scale of what I see, it's good. Before this, let's see what I want to say so that you can also see why. I'm going to put

[10:01] the daily chart with an RS and also the same, so that we can see the possible direction that the price may have right now. Okay, this is doing a slightly higher analysis of what is the medium-term macro of

[10:14] bitcoin for the RCD, and it's an indicator that... We underestimated it a lot, and the RS6 can also be plotted on the Bitcoin chart. We've been accumulating between 30,000 and 60,000 since the beginning of 2021. We've

[10:27] since the beginning of 2021. We've had several pullbacks, from

[10:40] 42,000 to 28,000. bearish trend, determined by the white bearish trend,

[10:55] white bearish trend, changes to a bullish one. What I do is plot the RS and the Relative Strength Index (RSI). would be the equivalent strength to the one above.

[11:07] When we see this bearish wedge of price strength break above, the price usually spikes. The same thing happens in this drop, in this same thing happens in this drop, in this compression down here. The RS also

[11:21] compresses in a symmetrical triangle shape. When this compression breaks the LR, it confirms that the bearish trend turns bullish, just like what happened here before. The drop of... From 54,000 to 40,000, the relative strength

[11:37] equivalent to that movement is this, and the break of this compression also determined the change from a bearish to a bullish trend.

[11:52] Currently, we have had this bearish trend from 69,000 to 33,000, and the RS is also at 6. It has compressed in a wedge shape; you can see a bearish wedge. And currently, we have broken out. Historically, every time

[12:07] this type of compression, which is equivalent to a dip or a fairly strong drop, it breaks above the RS, and it means that the bearish trend becomes bullish. It's mainly because the bearish force

[12:20] becomes bullish. The King indicator shows us the strength, so it's very likely that the drop button was at 30,000 and 33,000. For now,

[12:33] things are going well, and now what I see—I'm going to leave the chart on a four-hour timeframe for a bit; it's a daily chart—the strength is indicating that the bearish force of and possibly the trend... bearish turns bullish, that's why we may

[12:46] have marked a possible vote. Okay, I'm going to delete everything again. I'm going to put a chart on a four-hour scale.

[12:59] several things. We have several things. I'm going to things. I'm going to

[13:12] can see here on the left, the volume profile with a volume is to identify the areas where there has been the most trading. That is, I usually mark areas of possible resistance or support. First, I take the entire

[13:27] bearish structure and break it down a little into the different areas that little into the different areas that have been relevant.

[13:39] And the volume profile is very interesting because what we see is that interesting because what we see is that the areas where the most volume is traded are usually areas where the price gets stuck. That is, the areas where there is no

[13:52] volume. These are low-volume nodes. You see that there is very little volume here. Okay, these low-volume areas are usually the resistances of every

[14:04] morning to price action. They are areas of volatility, that is, the breakout of volume areas. Low-volume nodes are usually areas that, when they break, also offer volatility. Now that it's being rejected, okay, I'm

[14:19] going to mark these low-volume zones. This confirms the resistance levels that Bitcoin has and that it has to respect. You see,

[14:36] determines the lateral channels where Bitcoin is sharpening. So now, Alex, I don't know if I have you here, Alex, Alex is also here, I think

[14:48] Alex is here. We're shorting because we're circumventing the resistance. because we're circumventing the resistance. We understand, okay, that the price can drop to the maximum volume zone, which would be this node here, the zone

[15:00] where there has been a lot of liquidity. I'll put a program where we'll see the liquidity, and the healthiest thing technically for the price to keep rising would be for them to drop. Let's drop to get liquidity, 40, 41, 41, xxx, okay, to

[15:17] attack the upper zone. The upper channel would be the zone above. You see how the horizontal boxes determine the price features. You see how it's boxed in. Each side, no, so I want to show you, I

[15:29] side, no, so I want to show you, I also have here, not advertising at all, I don't know if you see it, you see the application, you see

[15:42] know if you see it, you see the application, you see Alex April, the areas where the biggest liquidations accumulate in the movement of Bitcoin. What happens is that Bitcoin, the price, the operator, the system is like the

[15:59] continue paying people. So what the price of Bitcoin does is like Pac-Man, it goes to look for the area where the biggest liquidations accumulate. Here, what I have marked are the people who are leveraged

[16:12] by 10, by 25, by 50, and by 100, and all their liquidations are there. Right now we have liquidated at 45,000, 500, and 45,700, 800. We have liquidated many people

[16:24] huge accumulation of liquidations here, and we have absorbed that liquidity. Right now, the nearest liquidity is in this area, that's why I think the short would fit. The nearest liquidity is in this area. The 40,000-41,000 area is worth the whole

[16:39] zone. It wouldn't be unreasonable to see Bitcoin seeking this liquidity before going seeking this liquidity before going up. Alex, what do you think? Yes, that's correct. inverted head and shoulders formation, you would also get a more or less accurate four-hour chart. I'm

[16:54] going to delete everything so it's a bit clearer. It's the one that mentions adding a bit of an inverted shadow. That would be key because if we saw a head and shoulders pattern, which is a trend reversal pattern, an

[17:06] inverted head and shoulders is a reversal pattern in which a downtrend stops, accumulates, compresses, and turns bullish. So, if we saw a head and shoulders pattern in this downtrend, which would confirm

[17:20] the trend reversal, it would fit with the bottom being here. It would be ideal because the head and shoulders would actually be forming here. This is a pattern of this style. It's slow because this is a four-

[17:34] hour chart. I think if the head and shoulders pattern occurs, it might would be this style. The left shoulder here, the head, okay, that would be all. This, and making the right shoulder in this whole range, the right shoulder,

[17:49] the right shoulder, well, it would be falling to the 40, 41,000, 39,000 zone. I even so it would make sense to see this reversal pattern down here that makes the reversal pattern down here that makes the trend fall and then we break out to go

[18:04] up and attack the next zone, which would be a good test. Look how it would be, it would be great to see that because everything would coincide, many things, not with the liquidity zone, the reversal pattern limits to the bearish trend line

[18:17] that was broken, so exactly, it would be the perfect scenario. And another thing, Alex, also understand that right at the height of the right shoulder there is a gap in the CMS futures, and I put Bitcoin, if I put the futures, it works for me, yes, I

[18:33] look for it as between clean Bitcoin 1 Valentine features, okay, it comes out here, it comes out have it drawn for you, since there is a gap in Bitcoin at 40, 40,000, 41,000 and

[18:48] gap in Bitcoin at 40, 40,000, 41,000 and something, okay, between 40, 41, and a gap that would n't be It's crazy to go down to close it and then go up again, you know, it would make more sense, the liquidity zone,

[19:01] more sense, the liquidity zone, the highest note in Alex, if I go for it, no, I hadn't seen all that information you were saying, incredible, I don't know anymore, if you

[19:21] then it's clear, of course, it would be to align this pattern, of course, it's a pattern that generates slowly, well, we can be quite a while, on February 19th, here making the right shoulder, it's not something that's today for tomorrow, show me

[19:37] what your, well, the issue of the weeks, how do you have it, the application is trading, this payment and that's why it's not advertising, but I use it, if you want to check it, take a look, okay, screen, okay, there it is, I

[19:52] screen, okay, there it is, I simply, well, I always bring the week first, turned off, what I did was identify my resistance zone, which was this, which was the

[20:04] previous support that was lost, a strong support that now acts as resistance, and I turned on the strong one, as it coincides with deforming for the Sporting

[20:16] indicator, the sea, notice how it coincides with the d,

[20:30] than 100 and another placed an order In the 200-unit range, in case there's still a rejection there, then this is a strategy I sometimes use to make short trades,

[20:42] make short trades, like the Kalpin model trade. I usually see shorts with a reversal pattern, but in reverse, they're a bearish reversal. But I also like to try

[20:56] this strategy, which is simply placing orders on the other levels and waiting for the rejection. Look how they look, how many hours, how nice. Yes, yes, I draw this line here

[21:08] where the rejection occurred. I also want my first order to be a seed price, but if nothing happens, I'm in profit. With that idea, exactly where I've placed it, retraces and I start taking profits. More or less like this, you can

[21:25] take profits at different levels based on your risk-reward ratio. These aren't the ones for a high-risk trade. Seeing what you're saying, it also makes a lot of sense if you are, and we base it on the price

[21:41] coming to test the breakout of these other levels that it already made, which is more or less this zone, which is around 41,000, repair itself these weeks then I think everything is kind of falling into place there I

[21:58] agree everything but my York as I tell you the base more more simply in the resistance zone and in the others with a stop loss [Music] below above 200 almost like that it

[22:17] below above 200 almost like that it turned out more or less better about and how many of the mark to the one above 200 I have put the stop loss at 45,800 almost the last one is country that has done if also 200 is at 46,800 of course

[22:34] structure of more than 100 right exactly if it makes sense I more I rather the fact I could no longer lower it here

[22:47] possibly it was repression also the one above 200 and here I had another order above the one I had another order at 200 that's why it has a stop for it above the one at 200 seeing that it was no longer because of the one at 200 and that it is bouncing there well it makes a

[23:02] stop loss and put it slightly above the enter as soon as I can because I entered right above 145,500-something. I'd set

[23:15] n't know if it's going to break through. It looks good, the chart looks good. I think it's going to pull back, and if

[23:27] the correct risk management with the stop loss I set. I missed

[23:39] Speaking of futures, I don't know, this rise was strong, I didn't enter, but what I did do was buy the sport, so I went against it. And so I also bought spot bitcoin around 35, more or less, and

[23:55] some coins were bought too. So in the end, I'm winning, and I was telling my community today. Yesterday I was telling them, we have to enter, the goal as

[24:08] enter, the goal as traders is to put ourselves in that position where traders is to put ourselves in that position where we win if it goes up and we win if it goes down, that we're not worried, that it didn't go to waste, okay? Because if you feel...

[24:21] If you're only positioned at a point where you need the price to go up—or rather, go down—to fill your orders, and the price will start to rise quite a bit, fear will set in, and you'll

[24:35] feel like the price is slipping away from you, and you'll want to start making you, and you'll want to start making purchases. Well, very bad purchases. Don't start this license. 70. So the idea is, as a trader, you have to

[24:47] put yourself at that point, in that situation. You put yourself in that situation with a strategy, with liquidity management, where you say, "I don't care if it goes up because I'm already positioned, but I also don't care if it goes down because I have

[25:01] liquidity to position myself further." So in the end, as traders, I think that's an end, as traders, I think that's an ideal point where we all want to be, where our emotions will be centered because we say, "It doesn't

[25:15] matter what happens, whether it goes up or down." If you're at some other 30 or more, Alex, not at you're at some other 30 or more, Alex, not at the moment. I only have this one, but I

[25:30] have likes. Here I'm going to show you the points where I've been I'm going to show you the points where I've been accumulating in Light Cash,

[25:42] 'm using. The icon It's simply in the days here, as you read in this part above, because I thought it was a test, and as we all thought, in fact, a super fund was created here, but in the end, it came back,

[25:57] but it's okay because I'm averaging, and more or less, I have my average of 13 zones, like around here, more or less, this is what it is right now, while more or less at my purchase price, so I keep

[26:12] accumulating since I started accumulating here in this part, it starts accumulating here, second here, here, also, they contribute, Don Omar, that I accumulate a little bit, and here I'm also making purchases, so I'm positioning myself a lot on this

[26:27] podium, that's what I'm doing with a spotlight squad, looking a with a spotlight squad, looking a lot like sport for swing trading, for investing in coins that I hadn't entered, like Rose, for example, also a coin

[26:40] Rose, for example, also a coin that finish with Light, with Light, we want to show an engraving on the object, which is the chart against Bitcoin, which is the interesting one,

[26:54] okay, we put it, and this is the one I have, that's the chart against Bitcoin compressing. In a wedge shape, every time it has compressed, Light Coin has spiked. I considered the risk-reward ratio a

[27:09] good place to position myself. I'm not a maximalist for Light Coin; we know it 's a primitive project, but it's still working, so it's not exactly

[27:27] see is that this type of compression has been going on for almost four years, in which the price of Lightning has been compressing. Every time you see this type of compression, it usually has very violent breakouts. This is a

[27:39] chart of Light Coin against Bitcoin on a weekly scale, and I consider that trading between $100 and $100 is a very, very good price because as soon as it breaks out of this, it will probably give us a pretty strong rejection. And well, I

[27:53] understand that in my opinion, it's a good buying zone. I've also been accumulating down here because it's very well priced. In the

[28:07] because it's the most visual, you can see that there's a huge compression. Understand that it's a weekly chart; it's not going to crash tomorrow, okay, it will take time, but I think it's has taken quite a while. So it hasn't taken long, that's good. I

[28:23] have 50 percent of the tree, I only did it against the Victor pair, and the other 50 percent I have against the one in the courts. I had more against Bitcoin, and in this drop, I started accumulating it with a dollar. So, buying with a dollar reader, and

[28:39] well, another one I'm also looking at is, etc., another two audiobooks, I continue to say, and etc., another two audiobooks, I continue to say, and a classic, Zinc, the ticks, look and notice the portfolios of the big ones, the big institutions have elected

[28:53] and they have, etc. That's one of the few coins that coincide with all the portfolios of all the big investors. It's that the air with which you find it on all the exchanges is a fifth way that the

[29:06] account, the matter of the stents, if so, this, so I much better, but at a technical level, to speculate, the iPhone

[29:22] technical level, to speculate, the iPhone wasn't there, something important in your portfolio. When I talk about accumulating, layman, it's not

[29:34] because I'm saying that I'm not going all in with likes, with oceans, and in the end it goes badly, nothing happens, towards the end I It went wrong, no big deal, okay. Sometimes we buy 500 times worse, of course. So this is another one

[29:50] I'm accumulating, which is this sector. These are the accumulation zones. Here it is threatening to break out. I think the best thing is if it retraces. You can look how beautiful this will be here, a head and shoulders pattern,

[30:09] reversal. And if it goes down, I'm going to accumulate a little more, etc. It's another one I'm accumulating. Such is one of the new ones I'm also seeing that I really like. Dirty, and I like sushi, and I really like it.

[30:28] interesting. I'm into charts, so do n't ask me what about fundamentals, it's a lot, but for me it's that they are baffled by the chart. But this, this is great

[30:43] because here it is losing this line. ' Accidents', I would have liked it to recover, I would have liked it to recover, but look, if we do this line, yes,

[31:00] very interesting formations, they are compressing a lot. interesting formations, they are compressing a lot. This is a giant continuation accumulation pattern. So I like

[31:16] another one I'm also buying, it's the moon, where there is a

[31:30] We passed the signal in private and it went very well, very well. We passed it to six buy orders and it arrived yesterday. Very good. Now we are finalizing, or have we done any complete analysis because the chart of the guy against Bitcoin looks very good. They have

[31:46] Gala chain. They are all doing a lot of salt with this action. This pattern, if it consolidates with this action. This pattern, if it consolidates here in this zone, there is a tenth more row, exact, and it throws a Fibonacci retracement to people. It will reach 0, 5, 6, 18, there it will

[32:00] stop. Where are the where is the other maximum approximately? That is a purely diverse way. There it will stop a little lower there.

[32:14] purely diverse way. There it will stop a little lower there. Ripple, I don't have a personal Ripple. This is the Pinamar accumulation zone, which I wish I would mark for the group and it

[32:31] wish I would mark for the group and it will be third, no, but it looks interesting. This guy is very good, let's see how they look in a week good, let's see how they look in a week and power of those that suddenly look, it is

[32:43] and power of those that suddenly look, it is very interesting, a very interesting impotence. So it is here on a support line

[32:58] and it is like a double interest in this zone which was a zone of pardon that before was career agency and he's doing a kind of double yield here

[33:10] and he's having a very good reaction so if XL surprises us with a good one if XL surprises us with a good one and you're going to look at Alex Rose, it hasn't been centuries, I

[33:29] think we're right now in a like to trade futures when I see

[33:41] strong trends, marked movements. Right now there's still a bit of indecision, there's a bit of that zero, so we're still at low prices, so here I focus, it's not about accumulating, it's about accumulating sports,

[33:56] accumulating is sometimes, well, those of us who live off this, well, in a way, we try to look for more scalping operations, I throw in one or two escapes in a scalping operations, I throw in one or two escapes in a short or something, but I'm not doing that

[34:09] many, mainly I'm accumulating, accumulating, accumulating, and

[34:26] this is a possible setup I had seen here, it's we have a bearish trend line here,

[34:40] to learn the themes as they are, the daily [Music] the price could do a bis test here, alarm of 100 more or less, reload again this part and to It would be

[34:56] better to look for an entry here, this would be a good area, also understanding that it could come looking for it from more than 200 here, but it has this line which has a very clear trend and I

[35:11] would like to respect it, so to know if those lines should scare me a little, because it has already scare me a little, because it has already recharged many times, it

[35:28] [Music] it has already created a lot of atmosphere about it, so let's atmosphere about it, so let's see, there is an area see, there is an area [Music]

[35:40] this area here, if I light the flame, 200, I think it coincides more or less, the 200, I think it coincides more or less, the system could go down a little

[35:54] here, the company does this and the improvement will start like a rat, I want to buy more rose, man, a little here in this part and it's at a good

[36:06] price, it was under pressure from you, the drop, I have some orders here at the two points and 5.4, this whole area here, let's see,

[36:19] look what they are asking us for each one, let's see if we can check

[36:32] once I already had it here, you see how this revolution is bouncing off the resistance zone and well, let's see what it does They

[36:44] could come looking to make a kind of double bottom here, which would be ideal for those of us with liquidity who want to keep profiting from the prices. I think it would be ideal if it reached this zone and we could buy back here. So hopefully, hopefully, hopefully. That's why

[36:59] zone and we could buy back here. So hopefully, hopefully, hopefully. That's why I say, I say, if it goes down now, all the better for me, okay? And if it doesn't go down and keeps going up, well, I'm also profiting at that point. You have to

[37:14] put... how do you achieve that? Well, when you have good liquidity management, okay? And you position yourself. So obviously, the starting signal for the obviously, the starting signal for the bear would be above this zone.

[37:27] Here, this would be the confirmation of a bearish trend break, where we can say that the bearish trend we can say that the bearish trend

[37:41] talking about this small secondary bearish trend and not the overall trend, because our overall line, if you're looking at a weekly chart, is still in if you're looking at a weekly chart, is still in an uptrend.

[37:56] a bullish structure. This is a structure that exists. This is a low, and this is a higher low. This is a high, and this is a higher high, because before,

[38:12] because before, the structure is intact. orders here exported, I have 17, 18, 17, and 16. I have this unit, my orders

[38:27] 18, 17, and 16. I have this unit, my orders from there, and for a trade, a swing, what I'm from there, and for a trade, a swing, what I'm going to do is go

[38:39] more or less like this, upwards. It's better to use leverage in and something like this would be good, at five daily. What leverage are they using for the swings? Salaries to the gentlemen, methods, more

[38:52] swings? Salaries to the gentlemen, methods, more than 320, 13 x 5 x for a swing like this, and with the position calculated, then more or less here I could sell a swing with 2 percent of my capital, normally the upswings, or

[39:05] with 2 or 3 percent of my capital. That is, if I lose the trade, I would lose between 2 or 3 percent of my capital. I manage with 1 percent when scalping because, since it's more volatility, I lose traction. The

[39:21] change is well adjusted, more precisely. So, the swings have an effectiveness of a little higher than 70 percent, seventy-five percent more or less. So, if I go with a A little more and

[39:37] more, this is what I would be doing for a leveraged swing dump. I'll doing for a leveraged swing dump. I'll probably grab it

[39:50] I'm going to grab a percentage of my lot and leverage it with my own data leverage it with my own data to put in a small...

[40:04] well, look, Alex, let's see if we can see RM RK. You can find it on Q Coin, the rich one

[40:20] coincide with resistance zones. That's why I like them, because the others are just the same smoothed price. It's not an indicator. The others are not just an indicator; it's simply the price, simplified and

[40:35] smoothed depending on the timeframe. That's why the weeks will mostly coincide with important coincide with important price zones. Although, in the other

[40:48] case, they do tend to coincide with Fibonacci levels. The weeks also tend to tend to be good markers of support and resistance levels. Many times, yes, that's right, support and resistance levels. Many times, yes, that's right, this marker of a station and

[41:04] resistance. I would also like to see something like that. In general, I would like the market to do something like that, for Bitcoin to fall to form a right shoulder, for the health to fall a... A little more to catch a double bottom

[41:17] to catch a double bottom and start moving out from there, and also, in a cool-headed way, the timing would coincide with a considerable accumulation period, not that you can say

[41:30] investors had time to accumulate there. So I trust it more. A lot of people already want the price to take off, but calm down. You have to understand, the more accumulation there is, the longer the accumulation period, the

[41:45] stronger the move will be, so there's no rush. Very well, we have some here, let's see, 2000 or chains, and it's a coin made from a

[41:58] 2000 or chains, and it's a coin made from a current view, that psychosis. current view, that psychosis. [Music] Well,

[42:15] this is here, it seems to be trying to recover this area. this enzyme is, contrary to many others, which one is right now, we'll

[42:27] many others, which one is right now, we'll see, I think it was the coins like this that are above the others, this is one of them, yes, and

[42:39] here it is above the one over 100, on top of recovering the one over 50, and for me, these artists, so if it consolidates this part or it can return to to fall, make a double bottom here above the gem,

[42:55] a double bottom here above the gem, go back up, and one day here, here, it enters, they gave in a trade, maybe start,

[43:19] If you look at Abbas, it 's this. Abbas is also above the gems of the 55, the 100, the 200+. For me, this is very bullish, and it exists. Now, the important thing is that it

[43:35] goes above this zone. If the price goes above this zone, we can go looking for these levels over here. So, if you look at the chart, well, it's interesting. It could go down, maybe retrace,

[43:51] maybe retrace, recharge here above this line. If the 200 is going to come like this, and for me, this would be ideal, and start recharging here. I always try to find elements that

[44:07] always try to find elements that coincide. If it's now, that's why I want to see your Fibonacci classes because I want to learn to use Fibonacci to have some elements. But when I see Portal, I really liked the analysis

[44:19] you did of Bitcoin because we saw several things that were achieving, well, no, I mean, it was a breakout that the Weeks after the Vitesse name or different factors that are affecting price action, and

[44:34] that makes you start to assign a higher probability. For example, here in this case, I would like to see the price fall, start to regroup in this area, and why not come and resist the 200? And if you see

[44:48] a test of the downtrend line that coincides with Wheat, there's the 200 EMA, well, that's something very good. good. These are things that I, and I'm sure

[45:01] Alex, agree, coincide with a Fibonacci level. Seeing the distance to the EMA, I'm sure it's 0, 5, 0, 6, or 18. It's possible to configure various options and get very interesting levels. Very good, Alex. I don't know if there's

[45:17] anything else out there, they aren't yet. I'll just repeat the advice I made public and on my Twitter as well: put yourself in that position where you're

[45:30] confident about what will happen. Do that. That's advice I can give you for today, and well, that's all. I hope to be patient, and I like what I see. We're doing well, everything's good. There's good news.

[45:53] you can have good trading, but sometimes you're using a bankroll you're not comfortable with. I mean, I've realized mean, I've realized that I don't trade with a bankroll

[46:06] of maybe ten or twenty thousand, but I might generate almost the same with a bankroll of 53 thousand because I'm more confident and have more faith in the market. That is, when you're heavily invested in your trading, you know your

[46:22] trading strategy sometimes makes you make bad decisions because you're afraid. It's when you have a lot of money, no matter how much you have, you need to adjust your trading a bit to a risk management approach that you have to be in the market because the

[46:36] psychology of being afraid of failing is definitely there. I've always said that starting with a small risk unit is the best thing you can do, even if

[46:48] you have a large amount of capital, because if in the end what you're risking is something that doesn't hurt you at all, you won't be influenced by panic when it comes to avoiding trades. So fear is the worst enemy

[47:03] you can have in a... The system enters an operational phase, meaning the fear, the fear of losing money, as the fear of losing money is eliminated, losing something that matters to us, then that's great, great, exactly, yes, it's important, very good, very good, it's

[47:21] very great in terms of quality. Let's see if we can do a good class on psychology and risk management, which the community requests quite a bit, and you're a machine at this. And for my part, nothing, I

[47:36] want to drag it out too much. Thank you very much to everyone who has been here following us for the whole hour. We will continue on Thursdays with Alex Minimal Trading. You can find us on social media: Twitter,

[47:50] social media: Twitter, Telegram, and we're going to see how the see if next week there will be three more new things. That's right, thank you very much for joining us as every Thursday. And we also have guests on futures, so you'll have,

[48:05] exactly, very, very top guests. Stay tuned because we are contacting people with very top accounts, and it's going to be very interesting in the coming weeks. And well, I send you a hug. I

[48:19] send a hug to Alex, just like I did, it was great. Greetings to Greetings from Mexico to everyone around the world, and a big hug to all! Bye!