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Bitcoin Stagnation Analysis & Altcoin Entries — Full Breakdown & Transcript

#ROUTE618 Why Isn't Bitcoin Moving? Analysis + Altcoin Entry Points! | Ep.9

0h 56m video Published Jan 6, 2022 Transcribed Aug 10, 2026 Descentralizados Crypto Descentralizados Crypto
Intermediate 12 min read For: Cryptocurrency traders and investors with basic technical analysis knowledge, interested in Bitcoin and altcoin market analysis.
AI Trust Score 60/100
⚠️ Average / Some Fluff

"The title promises analysis and entry points, which are delivered, but the content is padded with casual banter and repeated advice."

AI Summary

In this live stream, the hosts analyze the current Bitcoin market situation, discussing why the price is stagnant and exploring potential entry points for altcoins. They emphasize the importance of having a trading plan, managing risk, and maintaining psychological discipline during market volatility.

[00:19]
Market Overview and Fed News Impact

The stream begins with a discussion about the recent Fed news causing market volatility. The hosts stress that external factors are already priced in and that traders should focus on technical analysis and having a plan rather than trying to predict news.

[03:30]
Importance of Stop Losses and Planning

The speakers emphasize that the reason for a price drop is less important than the fact that it happened. They advocate for using stop losses and having a plan for both bullish and bearish scenarios to manage risk effectively.

[05:32]
Bitcoin Support and Liquidity Zones

Analysis of Bitcoin's chart shows a key support zone around $43,000, with a larger liquidity zone near $40,000. The hosts discuss the possibility of a quick move to sweep liquidity before a recovery, similar to patterns seen in May, June, and December.

[10:23]
Bearish Impulse Projection

Using a 4-hour chart, the hosts identify a bearish impulse that projects to the $39,700-$39,800 zone, suggesting a potential drop to $40,000 before a gradual rise. A further drop to $35,000 would be more concerning.

[12:03]
Market Sentiment and Funding Rates

The hosts note that funding rates are turning negative as people short the market, which historically has been a contrarian indicator. They recall that at $30,000 and $40,000, negative funding preceded a market reversal upward.

[13:04]
Bitcoin Dominance and Altcoin Season

Discussion on Bitcoin dominance suggests a potential accumulation pattern, with a possible drop to 20-25% dominance, which would signal a strong altcoin season. The hosts debate whether dominance will rise to 47-50% first or fall directly.

[17:39]
Investor Psychology and Risk Tolerance

The hosts differentiate between investors who seek high returns regardless of risk and those who prioritize safety. They advise that if you can't sleep peacefully with your portfolio, you should reduce exposure. Holding through red periods is part of the process.

[24:18]
20-Period Moving Average Analysis

One host uses the 20-period moving average to gauge momentum. Bitcoin has touched this level multiple times since December 31, and a break below could lead to a drop toward $39,700, followed by a gradual recovery.

[26:17]
Cycle Peak and Exit Strategy

The host predicts Bitcoin will continue to rise this year to a cycle peak, then potentially drop 50-60%. He advises setting sell orders slightly below psychological levels (e.g., $98,000 instead of $100,000) to avoid missing the top.

[31:35]
Psychological Discipline and Enjoying the Market

The hosts stress the importance of not staring at charts all day, especially during downtrends. They recommend disconnecting, spending time with family, and enjoying life to avoid making emotional decisions. Having a plan and sticking to it is key.

[34:12]
Example Trade Plan with 50% Position

Alex shares a trade setup on BNB, entering with only 50% of his position near a support zone (200-period MA and trendline). He sets a tight stop loss, and if the price rises, he adds the other 50%, improving his risk-reward ratio from 3 to 6.38.

[37:48]
S&P 500 and Altcoin Entries

Alex also discusses a long trade on the S&P 500 (NYSE: PG) based on a double bottom pattern and recovery of a lost support level. He uses a 1% risk per trade and sets two take-profit levels.

[45:34]
Accumulation Strategy for Altcoins

For altcoins like Rose, Alex suggests buying 50% of the position at the bottom of a range with a stop loss below, then adding the other 50% if the price rises. This minimizes losses and maximizes gains, leading to overall profitability.

[52:31]
Final Advice: Plan, Don't Stress

The hosts conclude by reiterating that if you have a plan, you don't need to watch charts all day. They advise staying calm, planning for both scenarios, and enjoying the market. Systematizing decisions is the key to becoming a 'robot' trader.

The hosts emphasize that successful trading relies on having a solid plan, managing risk, and maintaining psychological discipline. They believe Bitcoin may dip to $40,000 before recovering, and advise viewers to stay calm, avoid stress, and enjoy the process.

Mentioned in this Video

Study Flashcards (7)

What is the key support zone for Bitcoin mentioned in the analysis?

easy Click to reveal answer

Around $43,000, with a larger liquidity zone near $40,000.

07:14

What does negative funding rate historically indicate?

medium Click to reveal answer

It often precedes a market reversal upward, as seen at $30,000 and $40,000.

12:03

What is the projected bearish impulse target for Bitcoin?

medium Click to reveal answer

The $39,700-$39,800 zone, suggesting a drop to $40,000 before recovery.

10:23

What is the recommended position size when entering a trade near support?

medium Click to reveal answer

50% of the position, with a tight stop loss, and adding the other 50% if the price rises.

35:05

What is the advice for setting sell orders near psychological levels?

medium Click to reveal answer

Set them slightly below the psychological level (e.g., $98,000 instead of $100,000) to avoid missing the top.

26:31

What is the definition of a professional trader according to the hosts?

easy Click to reveal answer

Someone who has a plan and a system and follows it like a professional, regardless of other employment.

37:03

What is the risk-reward ratio improvement when adding the second 50% position?

hard Click to reveal answer

It doubles from 3 to 6.38.

47:26

💡 Key Takeaways

⚖️

Reason is Least Important

Emphasizes that traders should focus on technicals and planning rather than news, a core principle for disciplined trading.

03:30
💡

Contrarian Funding Indicator

Negative funding rates have historically signaled market bottoms, providing a practical tool for traders.

12:03
🔧

Psychological Price Levels

Advice to set sell orders below round numbers to avoid missing the top is a practical, actionable tip.

26:31
💬

Definition of a Professional Trader

Reframes professionalism as having a system and following it, not just trading full-time.

37:03
🔧

Risk-Reward Doubling

Demonstrates how adding to a winning position can double the risk-reward ratio, a key risk management technique.

47:26

[00:19] giving it our all. We're with the law - you'll good to all. First live stream of the year, if you didn't see me

[00:31] First live stream of the year, if you didn't see me first, yes, the very first, and we're starting off interesting with an interesting market.

[00:45] Very good. Greetings, Carlos Ross, Walter Ojeda, never fails, put greetings. He's from Colombia, Daniel Celosa, Niell,

[01:15] Well, let's see how we've been, how you 're seeing it, guys. Let Greetings to Venezuela, Argentina, Spain,

[01:29] Spain, Valencia, Venezuela. Greetings to Veronica, to Valencia, Venezuela. Greetings to Veronica, to Rafa, even to the Canary Islands, Mendoza, Argentina. Greetings to Girona. It has to

[01:49] around here. It's possible, it does n't have to, but it can, of course. Now we'll see. n't have to, but it can, of course. Now we'll see.

[02:03] He lives in Andorra. Greetings. How close

[02:35] a little news to alleviate a little and give a little sense to the fall, and in the we say that this has happened, what happened next? No, that's irrelevant. It's like that, it's already gone down, you don't care anymore

[02:49] because it always clarifies, always happening. Today there was a debate on my Twitter about someone who posted that they had already

[03:01] planned this charity, and someone was saying, " How is it possible that you had planned it if you didn't know that news," referring to the referring to the Fed news, "was going to happen." And obviously, we do

[03:14] Fed news, "was going to happen." And obviously, we do n't know those things, but I'm one of those who thinks that in the end, everything that happened will be external; the chart will discount it, and if it fell, it's because something happened. And in the end, as traders, we have

[03:30] can happen; that's what stop losses are for, that's why we have a plan. The reason is the least important thing; in the end, what matters is that it fell, period. And technically, it had an effect.

[03:43] If it went up, it's also because of some good news, but everything is good in the end. Technically, that's what it is. I see it a lot with the news that comes out in research for trading

[03:59] currencies and such. Every day there's news, and the day there's a big, high-impact news story, you know that at 3 in the afternoon... At 3:30, you're going to have volatility that you know will cause prices to move very strongly to one side, for the better.

[04:13] You have to consider both scenarios and work according to whichever one happens first. I mean, I don't care if the data is positive or negative; what I'm interested in is knowing today and anticipating the movement.

[04:28] People are very wrong to say that anticipate all the external factors. That's already priced in, and we already have it there too. We need to price in our

[04:44] trading, cover that with a stop loss. But as I say, it's all about making it technical, and you can't say that technical analysis is useless because you can't predict a Fed announcement, because you can't predict a

[04:58] run or whatever. Everything is going well, undiscounted

[05:13] bearish pressure. I saw that it was making several tweets yesterday about the making several tweets yesterday about the Beer Market and that they Beer Market and that they also had some walls there,

[05:32] 57,000. There was a rather interesting wall there. If in the end it fell below the area of ​​the last support, which was there at 45 or 600 or so, well, all that, everything that was below, which were stop-loss orders, it's taking them all

[05:47] below, which were stop-loss orders, it's taking them all down. okay, well, if you want, we can share a bit of the screen. We'll see how the

[06:00] chart looks. What does the guy look like? Let's give it a go so we can get where we are, where we could go. No, coming in down here. Retail is selling here. Paper money is

[06:17] selling. Intel will enter. Let's make an all-time high. Exactly, my mother. Well, I'm going to share a bit of the screen so we can see where we are. I'll put it like this. Let's go,

[06:32] where we are. I'll put it like this. Let's go, Bitcoin chart. The current Bitcoin chart is a five-hour scale Bitcoin chart. I'm

[06:46] going to put it on a daily scale so it hides a little bit. It's going to show us the 8-hour chart, or with eight hours. And well, that's what filled in the famous candlestick. Not everyone uses

[07:01] social media to fill in the candlestick, and we've just filled it in. And right now we're really stalled. The level at which Bitcoin is now, if I have A Fibonacci retracement is really in the golden

[07:14] pocket, I think it's in the Fibonacci box right here,

[07:27] acting as support at approximately 43,000. liquidity zone we have in Bitcoin is this zone. I don't know if Alexi White agrees with me, but this zone. I don't know if Alexi White agrees with me, but the last form of

[07:41] liquidity would be more or less test. What do you think? It's

[07:58] Structurally, as we've said in other videos, other videos, the trend structure exists and remains intact up to that zone. So why? Because this is the last

[08:11] reference low. It shouldn't lose that low. For me, the structure will already look a little damaged if it breaks that zone. And it coincides perfectly with those

[08:23] think we're going to drop to 40, White. Do you think we're going to make the last move before continuing? Well, I know, based on what I've been seeing and what I've seen for so long in the market, if in the end that

[08:38] move is to finish sweeping... Not to remove, to skip all the strata, those logs that are in place, so that everyone, so that those who really move this market buy clean and people join them, I

[08:53] think it's going to be a very fast move, just like we saw in May, as we saw in June, or even the last time we saw it in December, a quick move, but that

[09:05] the recovery is going to be much liquidity down there at 40,000, it

[09:18] has the whole area of ​​liquidity that could drop down to take it to clean up, so that the last paper hands get out and continue rising. It's the last support, the

[09:30] last support to start with, so that we don't worry, it's the whole support zone of this whole area. Historically, the whole area of approximately 40,000 has been a turning point where at the beginning when

[09:43] Bitcoin rose and hit the 40,000 barrier, the 40,000 range, we had a very strong pullback, and when we broke 40,000, we rose quite strongly, just like in the dip of In April, when we broke 40,000, there was

[09:58] April, when we broke 40,000, there was panic, the price fell to 30, and 40,000 acted as resistance. Right now, we have it as support; it's a really important support level. I think we should hold it, and we will. We'll

[10:11] see. Well, no, no, I don't

[10:23] was analyzing earlier, and there's this last bearish impulse that happened yesterday on last bearish impulse that happened yesterday on the 4-hour candle at 5 o'clock, and your mark is a live line from that candle to

[10:38] today's low. You realize that the projection of that bearish impulse coincides with the 40 zone, coincides with the 40 zone, specifically 39 and 739/800. It's

[10:51] exactly right. This suggests that there could be another impulse that takes the price to that zone, which would have dropped to 40, and from there, it could gradually rise.

[11:07] Now, if instead of going to that projection, it goes to the second one, which is 35, then the concern is a little greater because you're already leaving it behind. Very important support levels for

[11:20] this to continue rising, yes exactly, the next support would be when it falls back to 30,000. It's not about losing 40,000, it would be about falling below here, which I do take it into account. We have the scenarios present and it

[11:36] no problem. The good thing is that right now, bit of a market sentiment, people are positioning themselves, they're

[11:48] people are positioning themselves, they're shorting, let's say, throughout the drop, not below, everyone is here, here, a possible bottom is being created, okay, a possible bottom is being formed so that the price can

[12:03] turning negative because people are avoiding this whole zone in panic. The sun is coming in, it's here. Notice that when we fell to 40,000, funding also turned negative, and in the end, the market does the opposite,

[12:18] everyone ended up punting the market, just like at 30,000. At 30,000, the funding was also negative, to end up buying. And there it is, there it is in the exact video. If you've felt it

[12:34] hovering near the support zone, right here, right now, there's no need to sell. Right now, there's no need to sell. We're really in the sell zone. There's no need to sell. We have to wait. Right now,

[12:48] we're going to fix dominance, if you want, because it's an important piece of data that we have to keep an eye on. I've been monitoring dominance for quite some cool accumulation with a structure, a kind of " huayco" (a type of market crash), which is an accumulation,

[13:04] a market structure where the price moves sideways to then spike. There are two possible scenarios here. Many people— possible scenarios here. Many people— well, some people say that we're going to lose the support

[13:17] and we're going to fall directly, and a new season will begin with a smaller Bitcoin spike because, in the end, as all the dominance is falling, part of the capitalization is flowing into the alternative market, which

[13:30] are the altcoins. In my opinion, I think we're going to do something like that. I think have a good final parabolic movement of the cycle and then plummet. Dominance would generate a pretty high Bitcoin rise, much more than

[13:45] 100,000, and it would also generate one if they are quite powerful. Okay, I think the next drop in dominance could reach between 20 and 25 percent. Dominance is a structure. I don't know what you think

[13:58] about the possible accumulation structure that dominance has here. We accumulation structure that dominance has here. We see it daily. Sorry, Yes, I'm analyzing it, but in the end, I didn't analyze it as well as you did. It

[14:15] was at the end when it presented these properties, and I noticed them, and we were there. I was

[14:27] also watching, taking a live view of the entire drop it had since January 2021. In the end, a rise that could reach up to 47-49 percent initially, and at most, this could rise to 50 percent, and at 50 percent, it's already difficult enough. At

[14:49] the resistance, which would be the NEC line, like this triple bottom, Valeria, like this triple bottom, Valeria, this, and 47, and the Fibonacci level. There's the level. The Fibonacci level, which would be the technical resistance, would be between 60 and 55. It would

[15:04] n't be unreasonable for dominance to rise there, if it does. fairly strong point for Bitcoin. We'll see; we need time. It's very difficult nobody can predict it until it happens. What is

[15:22] indicator itself on the same thing you would have in previous cycles because

[15:35] Bitcoin's dominance is no longer the same as it was in 2018 or 2017. 2018 or 2017. That also influences us. There's a growing awareness among That also influences us. There's a growing awareness among

[15:48] people prefer to invest in a hawk rather than Bitcoin. That's not the sentiment people are becoming aware of the potential of the alternative market. potential of the alternative market.

[16:02] if what you want is to have... A store of value, so to speak, something similar to what gold might be, which does n't let you down. It's called a store of value, but at any moment gold or Bitcoin can cease to be one, and anything could happen,

[16:17] and it could lose all the value it has acquired. if we maintain it as a store of value, in the end it's to hold it for the long term, calmly, accumulating and buying little by little whenever

[16:31] you have the opportunity and the market price is low. And that's how many people are seeing it. I mentioned

[16:43] at the time that more than seeing it as an investment, they're seeing it as a safe haven, and many institutions and companies aren't investing in it, and that's a mistake. They're taking refuge in Bitcoin, especially given everything we're

[16:57] seeing with inflation and all that. They're taking their money and putting it in a place where they know it wo n't be worth less; on the contrary, in the end, literally, or as someone mentioned,

[17:12] many want to invest in alcohol, which is understandable because we can see The best returns are a little higher, but in the end, and yesterday I did this higher, but in the end, and yesterday I did this with me, how do you sleep? Where are you

[17:27] Because there are two types of investors: those who want to make money regardless of the consequences, and those who want to make money safely.

[17:39] So there are two types of investors, and what type of investor do you want to be? It's fine to be exposed to coins, but in the end, the question is, will you sleep peacefully? If you look at your portfolio, are you calm? Do you feel good? Do you sleep well?

[17:55] If the answer is yes, well, that's fine. But in the end, I see Bitcoin when I see everything undecided. I try to reduce my exposure a little. It ends up being in effect because I don't care if it falls back

[18:09] to 20. I'm going to sleep peacefully having Beatcom. But it was a discovery, and now I'm going to think a little more about what to do. Should I take think a little more about what to do. Should I take advantage of the

[18:22] current moment to grab a return and get out? Is there one that shaped this, like a get out? Is there one that shaped this, like a dump? I have a load, no BNB. This has a

[18:34] dump? I have a load, no BNB. This has a clear, etc., etc.? calm is an indicator. I ask about what cordial alcohol I pay close attention to ask about what cordial alcohol I pay close attention to

[18:50] know more about them than we do. So, I see in Grace Kelly's portfolio at MicroStrategy what they're shaping, and I try to

[19:04] follow that line more or less. I know, Alex, that's an important indicator to realize we 're not in a bar, that we, to a

[19:16] larger or smaller portfolio. It's really not comparable to the Gray MicroStrategy portfolios. These people stop buying Bitcoins, and they think Bitcoin goes to 15,000 or 20,000, they wouldn't be buying, they'd be selling. You

[19:31] also have to consider the treasury of the holdings, the large holding companies, as Bitcoins increase. They understand that the price will continue to rise. I also see a sentiment, but well, that's

[19:47] always been the case. New people entering the market, without patience, because, of course, I've bought. My portfolio is so negative that it's been six months. I've entered for two or three months, and I'm in the red. Holding is a process

[19:59] in which there will be a moment when... You might be in the red, but if you have strong projects, you'll probably understand that they emerge from 2017 to 2019. I was in the red. The problem is that you enter because your friend made a

[20:14] 100% profit last year while the market was down, and you think you're going to do the same. But what you don't see is that many of us who have been around longer have been in the red for years.

[20:27] entered, like many others, when I saw it start to rise in 2017, and I saw it start to rise in 2017, and I took the whole fall and sold. You'll see all the mistakes you have to make, but years can pass, and that's what

[20:42] people don't understand. They get desperate, but the reality is that many of us have been in the red for a while, and last year we learned from our mistakes and made profits. Now it's your

[20:56] turn this year to learn from the mistakes you're going to make, and really, in a year or two, when you have more experience, that's when you'll really start to see profitability. To continue a

[21:10] little with the topic of Victor's dominance chart... It looks like an accumulation of mudslides. I do n't know if it will complete or confirm it, but let's say we could be in the

[21:23] sprint already, in the phase down here to do the test and start going up. But the opposite chart of the dominance is the chart of the one that decided against Bitcoin. It's curious, but the chart that decided against Bitcoin is also doing a kind

[21:37] of distribution, very, very similar to a mudslide pattern in its distribution. It's curious; it doesn't have to do it, but the point is here, and I

[21:49] invite you to see what you want because it's extremely curious how the dominance is doing the accumulation, and choosing Bitcoin is towards a distribution. This doesn't mean that if the dominance

[22:02] points to Bitcoin going to a thousand dollars, it probably won't, but the momentum will start to pull, and the price will remain stable, moving sideways. It doesn't to 2000, no matter how much it says against the mythical image, it doesn't have to. It

[22:18] may be fluctuating between 10 or 20 percent up, but it's not going to or 20 percent up, but it's not going to fall to fall to worrying levels. Here's the important thing for everyone,

[22:30] if everyone Do you want to have one? If they're pretty, here's what interests us first: that Bitcoin dominance, as if there were no tomorrow, then falls from as high as possible because the

[22:44] the bigger the al season will be because more money will enter the alternative market. These are the charts, which are quite interesting. I want you to share them, and if you want, White, I don't know if you wanted to show us

[22:58] were into, how you're doing in the market. If you want, share your market. If you want, share your screen with us, and then we'll go to Alex, who will give us the traditional entries in something. Let's see how we see the al-

[23:14] coins. I want you to write to us through the al- coin chats that Alex wants me to analyze. Then I'll write them down, and we'll give each one to take to the White, if you want, share your screen, we'll pass it here, and I know we're going to see

[23:27] that you're into it. Okay, well, here I have the Bitcoin chart. I've only put the last one, the last support it has right now. I'm going to put the last one we put, which was between 40 and

[23:44] 42, and then I have A very psychological zone will be 38, which was here in June. I'm going to mark it to also set the stage. I don't think it will

[24:00] set the stage. I don't think it will touch 38 again, I don't think so. The good thing is that you always have to keep that in mind. What worries me right now is

[24:18] the 20-period moving average. For those who don't know, I use the 20-period moving average a lot to follow the price momentum, and every time the price moves away from the 20-period moving average and returns to it, it's very likely that if it continues to have that momentum, it will

[24:31] continue in that direction. So... We've since December 31st, hitting the 20-20 level one, two, three, four, five, or six December 31st, hitting the 20-20 level one, two, three, four, five, or six times, not counting maybe another

[24:45] six times. It will touch the midpoint of 20 until it finally gained strength and pushed the price down. Then I marked this Then I marked this Fibonacci retracement of this last impulse, and as

[24:58] we were saying before, the projection takes us to 39,700, a point where we can see Bitcoin sadly drop to 42 and then hit sadly drop to 42 and then hit 40. From here, it

[25:13] should start to rise gradually, slowly. It's not necessary that it slowly. It's not necessary that it 50 in three days, because that wouldn't be logical, not even Nissan, but rather

[25:29] all the sell orders that have been placed are filled, and that ultimately pushes it upwards. There are many barriers above, for example, we have this last one, which is part of this trend, that kind of

[25:45] triangle, and it will also have to overcome that and then... Having to overcome the 45,500 zone, the 48,000 to 48,500 zone, there are many things above it that it breaks through so that in the end

[26:02] we see Bitcoin continue to rise, but I'm quite calm. I still see it going up throughout this year until it reaches a peak in the cycle, and when certain policies are in place,

[26:17] people should consider whether to keep investing and wait for a drop of 50 or 60 percent, or sell everything as high as possible and wait for the market to fall again to buy back with

[26:31] all the profits. In the end, if you have it in your mind—and I use this a lot on a psychological level—if you have Bitcoin at 100,000 in your mind, don't place your sell order at 100,000. For example, at 98,000, don't risk it

[26:45] figures; close it before then because it's possible that the price won't reach 100,000, and that's when it starts to fall. These are psychological figures. It might not be possible to reach that level, but people want the

[27:00] price to reach it. People invest 100,000, and the institutions say they won't invest 1,000, it won't reach that level, and you're stuck there, trapped. But that's more or less my view of the market. If we go, I think the same, and I

[27:15] believe we'll be fluctuating between 40 and 53, more or less, which is this wide range we have, and we'll see which direction it goes. Now we have to be which direction it goes. Now we have to be patient. It's not worth it right now. I

[27:29] also want to say this because it's pointless to ask what's wrong with RM Rica, why it's falling, or what's wrong with Sanz, why it's falling. Right now, it's took the whole market with it, the capitalization tends to dilute. There will

[27:44] always be coins that move at their own pace and pump when it falls, you'll always see that. But generally speaking, when Bitcoin is in these types of funds, the hawks suffer quite a bit because at the slightest criticism, even a 3 percent drop, it's taken out,

[27:58] at the slightest criticism, even a 3 percent drop, it's taken out, and then a 13 percent drop. But you also when they recover their momentum... Bullish, the hawks start dropping 20 percent daily, so those of you who have been around for a while know that this happens. That's why,

[28:11] in general, like Wise says, I'm calm because I understand that the market has very strong recovery capacity. Also, I don't think we're at a point where we can say we want to

[28:25] bullish impulses, that we won't see Viking above that level, that we won't see it continue. It's dipped again above 50, and I think it's going to take 23 months. I already set a deadline that when the affected market in the spring, well,

[28:42] that interest rate hike, as it did last time, will work, then the moment will approach when the whole market hits those highs, and from there the market will start to fall and fall sharply, and many of the companies that

[28:57] people know might disappear and you won't see them again. Similar projects, when they exist, will be direct. This reminds me of 2020, when it came out and disappeared in 2022, but... This is how it works: if

[29:13] this year what's happening is that Bitcoin is giving more of a boost, it's that strongly, that have had a powerful rally of five, six, seven points, it's important to take profits, take profits because when Bitcoin

[29:28] pulls back, the other coins plummet, literally for months. literally for months. Very well, if you want, Alexis, if you want, let's look at some entries for the hawks that they're asking us for

[29:42] here in the chat. Thank you, White, for sharing your market view. The truth is that we all more or less agree a little bit on the same situation that the market is in, that there's a possibility that it will make a small move to 40, it wouldn't be far-

[29:55] that we're in a terrible situation, which not at all. So we need a little more time, a little more time to see how the whole market fluctuates. see how the whole market fluctuates.

[30:08] talking about. In the end, they shouldn't stay away from the program and the stress because if you feel stressed by saying, "Oh, what's going to happen, is it going to go up or down?" I'm going to tell you something and I'll tell you I say this with all due

[30:22] respect, but ultimately, the only thing you need is a plan in case it goes down and a plan in case it goes up, and stick to your plan. Don't stress, don't let yourself be filled with that negative market sentiment because

[30:38] bad decisions. Plan for both scenarios because, in the end, as analysts and traders, we are aware that we do n't know what it's going to do. We can have an idea, but we don't know exactly

[30:53] what it will do. But what we can do is have a plan and follow it: a plan in case it goes down, a plan in case it keeps rising, a plan in case it goes up. And in the end, that's what will keep us calm

[31:08] and everything. If we are calm, we will make good decisions. So I want to invite you to relax, calm down, nothing has happened, relax, calm down, nothing has happened, everything is fine. We're not going to lose

[31:23] 100,000, either. Relax, you just want to talk about have to express yourself. Yes, those of us who

[31:35] when the market falls. People start to get a little nervous, and that needs to be controlled because psychology is very important. The market, until you get nervous and make bad decisions

[31:49] [Music] we have the privilege of dedicating ourselves to this full-time, as is the dream of many of those here. The learn, is to enjoy the market. Because imagine if you want to

[32:03] dedicate yourself to something full-time, you're going to be suffering, you're going to be constantly nervous. Well, that's not life. In the end, if you really want to become an investor, to be a participant in the financial markets,

[32:19] you have to learn to enjoy it, especially if you want to dedicate yourself to you want to dedicate yourself to when the market went down, and I gave some advice that might not be the best, but it works really well for me:

[32:33] when a market is going down, especially around as is the case here, don't look at the chart. Disconnect. Go with your family, go with your girlfriend, your boyfriend, whoever you want, but stop looking at the

[32:47] chart because... You're not going to sell, you're not going to buy, once you're not going to be they left 17, no, your account isn't going anywhere and it's at zero, come on, it's 99 percent certainty that there's no dancing, 0, that because I'm enjoying it, I

[33:01] that there's no dancing, 0, that because I'm enjoying it, I 'm not bitter, it's difficult, but it happens to me too, sometimes you spend all day on your phone and you say, I'm going to leave it this weekend because I'm not going to achieve anything, of course, it's that I don't

[33:13] free myself and about enjoying it, and there I do agree with Alex because I have the example, the other day, well, just yesterday example, the other day, well, just yesterday the news came out about the FOM, I

[33:26] was already trading gold and I have a rule which is two minutes before and two minutes after the news, no, no, Perez, because the volatility is already crazy, so when it was already eight and three I already knew perfectly well where to

[33:40] place my order, where to put this, well, to put the profit and the operation with that volatility was five minutes and I think it was eight points in gold, which for gold is a pretty strong movement, it's today, it's being waited for and saying,

[33:54] come on, let's analyze it and As soon as it gets to this point, which is fulfilled badly, I look, I'm going to the gym with a stop loss, to the gym as well, but with a certain type of trade, you have to enjoy it,

[34:12] right? You put the screen, I want to show widgets, and I had the plan I made, just to reinforce what we're talking about, it's predicted, it's not worth it now, it always comes in

[34:24] handy, but with only 50% availability, that is, I'm entering cautiously because I understand there's still a bit of uncertainty, but why am I entering? Well, because I understand that it's reaching an important support zone, the 200-period moving average,

[34:39] even leaning towards an upward trend line, so it's a good zone. So what I do here is plan my two scenarios, which is my scenario: that it breaks the line and falls

[34:53] further, or that it rises to start recovering. My plan here, in case it falls, is precisely the fact of only positioning myself with 50

[35:05] percent of my position and with a relatively tight stop loss because it's half of what my original entry would be. But what happens here if it asks, if the price goes back on me? I'm only going to lose on half of

[35:21] my position, that is, half of my risk units on half of my stop loss, because I 'm calculating my position from here, okay? So, as an example, if you have to buy a baby with only 30.5

[35:37] bnb, if the price goes back, I'm going to lose a little. My plan in case the price falls is my stop loss, and my loss doesn't represent any emotional conflict or

[35:49] any conflict to my capital, so I have no problem because the price goes back. That's my plan in case it falls, and my plan in case it goes up is to and my plan in case it goes up is to add the other 50% to my position, and

[36:04] automatically, this operation, my risk-reward ratio, would come here. So, it would become a more attractive 38 with a higher risk-reward ratio, and I'm even going to win, lose,

[36:21] hit the blues, or hit my take profit. Alex, I did n't want to say that Alex is one of the greatest strategists I know in social media, which is very important. He's

[36:34] having a plan, having a strategy, not deviating from the plan, having good psychology, something that Everyone leaves it aside, and well, I'm getting involved, and whatever they want to say, you have to have a well-established plan, management, a

[36:49] well-established plan, management, a psychology. I recommend Minimal Trader Caravan, easy, the other one, and listen, and to say, you have a professional trader. A professional trader isn't someone who does this full-time.

[37:03] This person was saying, a professional trader is someone who has a plan and a system and follows it like a professional. That's what makes you a professional trader. You can have another job, you can dedicate yourself to other things, be an

[37:18] engineer, a lawyer, an architect, a company, but if you are a trader who company, but if you are a trader who has a system and a strategy and follows it, you are like a professional, you are a professional trader. That's what

[37:31] makes you a professional trader. In the end, if we 're doing badly, we're not creating a nest of wolves, sharks, whales, all of them. We ca n't just go to the market and judge investors. Another currency I was looking at, well, I don't know, it's not me.

[37:48] If you tell me, you tell me, there are free ones, show me a little bit, the ones you have that you're working with, so I can show them. I like it, and I also really like the S&P. Have you done it? I'm buying or trading

[38:01] buying or trading on the NYSE PG. I'm here because I'm strategy. What's my strategy here? And you can see how it's forming a kind of double bottom. I'm going to pay a little bit here. It's between four hours.

[38:15] My strategy is that it's making a reversal pattern. It's recovering the support it had already lost and is going above and is going above 200. Now, the price here was in

[38:29] a downtrend, making lower highs and lower lows. I 'm just me, but a lot of the price action and my support—I'm supported by the gems. See how it broke the trend line, by the gems. See how it broke the trend line,

[38:44] and it started a small bullish structure. It was going to recover the support. If you look at the daily chart, it makes

[38:58] The higher low is a little clearer, and above all, it's going back above this support. It's important for me that it's recovering a support it lost. It's bullish. So, I have my stop loss below these lows and two take

[39:13] profits with a risk of 1 percent of my capital. If I lose this trade, I only lose 1% of my capital, so no problem. Another thing I was looking at...

[39:25] capital, so no problem. Another thing I was looking at... I like to live too. For those who trade, ft.

[39:38] and I'm watching it. It's also making this kind of double bottom here. I'm very, very, very attentive to it. It's kind of double bottom here. I'm very, very, very attentive to it. It's added a bit to the position down here, yes, and obviously when I see that it

[39:56] confirms that double bottom, which would be here, possibly when that happens, the price is going to come like this, and it's going to come like this. It may even continue in this range. Also, it's probably going to come here. It doesn't have a 200m yet because it's

[40:14] a medium-new coin, and this is what I 'm waiting for to finish adding 100% to my position, and then I'll go on a long swing here. It's then I'll go on a long swing here. It's quite heavy because I like this

[40:29] quite heavy because I like this coin. Look, you don't know that they're asking us for quite a bit of rose.

[40:42] enter, but because we planned here, and this... this was basically what I have here. It's the same chart that we planned in the

[40:54] same chart that we planned in the live stream. This would have been a Had it reached that point, we would have taken a profit. My pattern, my entry, my strategy, the same one I just showed you, NSP. Here, this

[41:09] downtrend makes a higher low and a higher high, and it entered at the gem price crossover. It recharges, and I entered here. Well, I would have entered, but I didn't, but that's what

[41:21] we planned in the live stream with a stop loss below this last low. And now it came back against us, but it never hit the stop loss, and it would have been a winning position. Well, since

[41:34] the set has already been completed for me, one of my rules is that if yours has also been completed, I don't re-enter. If I forget about the coin, I've made a profit, and I go looking for one that's in a set, in a Z-segment, at this moment. So, the

[41:50] rose, I would wait because if you see it here, it's at the top of a... I don't know what you want to call it. So, I stay on the sidelines. I 've already made roses with two coins, the doubles, and they've pulled

[42:05] back quite a bit. Long positions accumulating for those who are Long positions accumulating for those who are an hour to continue. Accumulating, yes, but for the more serious traders,

[42:23] I, I, I, and I hold back a bit. My entries are always at the bottom after a trend has emerged, seeing what I could expect, so I can wait for something like that, something like that still, and then, if they make a

[42:37] small reversal pattern, maybe I could wait could wait or look for an entry to go to the Xerez or look for an entry to go to the Xerez H tr. Alex, they ask us quite a bit, look at it

[42:49] H tr. Alex, they ask us quite a bit, look at it too, the my profits are a little closer, but I'm already protected at the

[43:01] closer, but I'm already protected at the entry price. In fact, I already told my people that those of you who were here, when you were here, I told them that those who wanted to be able to live taking profits,

[43:13] I did prefer to go further up, I haven't taken profits, but I already have a stop loss. He offered the plan, this was the trade, the same as always, the price in a downtrend starts to show a higher low, a higher high,

[43:29] the above, the price rises above the others and I go, always the same, always, always, always, but the same. Well, a perfect and conservative strategy and with a very good action plan.

[43:44] Alex asks us, see if you can see us Alex is down there working,

[44:02] interesting. One that I find interesting, but as for [Music] Also, I have a clean chart because some

[44:21] analyses were deleted, so I don't have a clean one. Let's check this. Alex is down. I'm not very convinced by this price action. Personal Mitre, and it would have been here. Here, this operation, my entry.

[44:41] obviously, well, it looks like I don't know if I would have taken a little profit here. If I had taken it, listen, and the other one is close and I would return here. That's what I would do. At the base, clearly, here we have a small

[44:54] clearly, here we have a small triangle. It's It's on the uptrend line. At the bottom of the

[45:06] triangle, it's interesting for spot trading. Here, I think I could do this and go towards the part where the sisters wait a little bit.

[45:18] wait a little bit. And this situation... you are a water accumulator and you are trading in sports. In the medium term, in theory, it's in... A good way to in theory, it's in... A good way to buy, Alex, look at us,

[45:34] protocol, ah,

[45:49] here, and this is a strategy that also teaches a lot from my community. When I see that the price, obviously, my strategy tells me to enter, that it's up, the confirmation of the movement is always up here, but Alex, you enter

[46:05] is always up here, but Alex, you enter too high. If I don't look for the cheapest price, I always look for the safest movement, the morning one, or Alex, a preservation. But there is a way to take advantage when the price is

[46:20] take advantage when the price is right at the bottom of the range, which is what I would do here, something similar to what I was doing in my baby. I take was doing in my baby. I take my position, I place it from here, I

[46:33] my position, I place it from here, I calculate it up to here, yes, and what I do is I calculate it up to here, yes, and what I do is I take 50%. I can buy 50 percent of the position here with the stop loss below this range, and

[46:46] then, in case it goes up, add the other 50%. The position here, what does that mean? If the price were to go wrong, here it would hit my stop

[46:59] loss, but look, just this little bit of my stop loss above the... 50% of my position, meaning I would lose nothing. Risk management version, error management. If it

[47:11] Risk management version, error management. If it goes well, and I add this position here, let's suppose the price... I wanted to risk-reward ratio of 3. My average entry would be half here, and

[47:26] my risk-reward ratio... look how it doubles to 6.38. This means I minimize my losses and maximize my

[47:38] gains. When I lose, I lose very little, but when I win, doing well... this is what will ultimately lead to profitability. So this is a

[47:50] very clear example of what I would do: start adding to my position in this part, but only 50%. It's a very clear example. I love these three because when... They turn out well, it won quite well, it left more winners, exactly,

[48:05] no, it's not a very conservative strategy, controlling the conservative strategy, controlling the balanced risk management, very good law, yes, look, they ask balanced risk management, very good law, yes, look, they ask us, Alex meets, the county

[48:17] meets, yes, that he has been, I want him to have been doing, to th crv, they occur, given

[48:33] [Music] strategy, my teachers, from there, same strategy, the price that can make lower lows to higher highs, we enter the zone, the price goes above the weeks, look

[48:47] here, this was the entry without being like profits up here, this is a risk-reward ratio of 6.4, well, it's not moved, nor university of

[48:59] 5.32, this is obviously, well, I don't get involved here anymore, delete drawings, we have to wait for it to download a bit, it's very clear and I don't get involved, surely in an RSI divergence, it is in

[49:15] surely in an RSI divergence, it is in if there is, it has a small bearish divergence,

[49:31] entry, well, from here down and take advantage of all this, and it can go up more, yes, but it's not very widespread anymore, and although I like the dice quite a lot for this next phase From the market, I

[49:45] quite like the equal or better weekly chart. Let's see how the weekly chart looks. Unsanctioned and interesting, the weekly chart remains interesting, so you you're looking for. If you're young, go for it. If you're a trader and want to take a

[50:01] step up in swing trading, it has a lot to do with what you're looking for. Obviously, here the price... well, if the price reaches this point and if the price reaches this point and consolidates this part, it will continue to

[50:16] rise strongly. Look at the pattern they're asking us for quite a bit, the polka in this chart. Let's see if we can find an entry point. It's good. This is a chart I have that I really like.

[50:33] It's a formation here of a continuation pattern that obviously isn't confirmed. I'm not saying that this is what's going to happen,

[50:45] going to happen, but it's forming, yes. And obviously, a breakout from this zone above would represent something very, very bullish. The moment we see something like that,

[51:05] for me, the counter charts movement. In Vic, the rocket and moon are also indispensable to motivate.

[51:24] and here in the chart, this chart against the dollar, against the dollar, we were looking at a daily chart. We see

[51:37] for a blog, would be breaking these hours of ' the'. Like the others, they're all in the same zone. These are the most important weeks for me: the 100, the 200, and the 55, which are the ones I use the most. And since they

[51:51] 're all coinciding in the same zone, what does this mean? This is the zone that I consider

[52:04] will start moving strongly when it breaks through. So here, I'd wait for this movement here, I'd wait for this movement and it goes up. I'd enter something like this with a stop loss down here, below this low, and towards the

[52:18] top. I think it's going to have a good year, yes, because it's for accumulating chips like there's no tomorrow. Okay,

[52:31] guys, well, I think that's enough. We'll go on too long. Next Thursday we'll be back here analyzing the market. And if you have any recommendations for

[52:46] our users, White Alex, for these days when the market is a bit complicated, the best one would be... I can give you what I was giving before, but what I said before is that if you already have a

[52:59] plan, if you already have a plan in place, if we already have these blogs running, if I already have your take profit levels marked, you're not going to buy, you're not going to sell, don't spend all day watching the charts. For that, to a certain extent, those of us who

[53:13] dedicate ourselves to this are already hooked on it all day. And yes, we might updates because we have them right in front of us, but being hooked all day when you're not going to do anything, simply watching how a

[53:25] four-hour candlestick moves very little compared to what's on the left side of the screen, is just going to make you suffer. And many times you say, "I can't take it anymore, I'm getting out." And I think that's a very common

[53:39] feeling: "I can't take it anymore, I'm fed up, I'm getting moving, I'm leaving without a jump. And I think that, given what happened in June and July, with all that drop, many people got out because they couldn't stand it.

[53:53] From May until it started to rise in July, they got out, bought back rise in July, they got out, bought back when it was at 60, and now it gives me I think the exact same thing is going to happen to me. When the price is stuck

[54:05] sideways for a long time, people are going to get fed up. And when people get fed up, that's when the price... and I'll leave you all here... exactly, I'm the same, something similar. So, don't stress, you don't

[54:21] have to stress. Relax, plan, plan, and plan. That's what's going to keep you calm. That's what's going to keep you calm.

[54:33] This says a lot: be like a robot. And the only way you can become a robot is by systematizing your decisions, like there are so many others. Systematizing your decisions, planning—that's our job as

[54:48] traders: planning, seeing scenarios. In the end, it's impossible for you to know what know what the price is going to be. We can imagine it, we have a desire for it to go up, we can have a thought about what it might do,

[55:04] but in the end, our thoughts and our desires don't matter to the market. It doesn't care what you want or what you think. The only way you're going to be able to make money from the market is with a strategy

[55:17] and a... Planning and proper risk management are what will keep you calm and stable. Don't suffer through the market, don't suffer through trading, enjoy

[55:30] it because it's very beautiful and very exciting. exciting. Very good, exactly, perfect guys. Well, thank you for being here, other games, Alex White, and thank you to

[55:44] everyone who was watching and commenting. You can follow us on our social media. And thank you very much. See you next Thursday, and we'll be waiting for more new information.

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