Crypto Market Analysis & Strategy — Full Breakdown & Transcript

[00:14] blogs, welcome back, Route 6 18 is back, you've all been waiting for us, we're here with blogs, a new addition to the 5th team, let's get to the blogs, can I

[00:26] 5th team, let's get to the blogs, can I hear you all? Hello blogs, how are you? How are you seeing the market? Tell us a little bit about be analyzing it with your likes and then at the end of the session

[00:42] we'll see how the alternative market is doing, if you want to join in, you can throw coins there. Greetings to all and tell us where you're watching from. truth is there's not much strength from the bulls, they're really struggling to get it going, there's

[00:57] bulls, they're really struggling to get it going, there's some high points where we could see a pullback, better to some point that we'll discuss later when we analyze, but right now

[01:11] the stock markets are also having a big bearish impact and in the end the crypto market, being so small and not so consolidated, it's normal that it 's like this, so the truth is It's surprising that they're holding up so well, so to speak, against the

[01:23] surprising that they're holding up so well, so to speak, against the brutal drop that's having a huge impact, and I'm taking coins off the market. What's good are also

[01:35] opportunities, not discounts of this magnitude that Bitcoin offers, with a magnitude that Bitcoin offers, with a 65 or 70 percent discount. And I think those of us who trust in technology aim to keep accumulating at

[01:50] aim to keep accumulating at lower prices. if we know how to read a chart, we know how to analyze, and in the end, we also have we know how to analyze, and in the end, we also have

[02:05] we can make good purchases. And maybe what seemed like a "button" will turn into even better purchases than that initial "button." Do

[02:17] lower to instill a bit more fear? I'm one of those who thinks we'll see it lower. The truth is, lower down, the best thing would be a pullback to the 38 or 40 zone. The best thing would be a little more than

[02:31] that bullish sentiment in the market, that hope, sometimes a way, but which will be a trap, a trap, and if the stock markets really end up plummeting due to... All the bubble that might exist, we could

[02:44] see Bitcoin go even lower. If it came in the same way, it's not just in a pretty complicated area right now with the whole macroeconomic situation, but I do see that we could reach some zone, make a dead cat, a Bitcoin, and then we'll

[02:59] strategy, not to avoid a lack of liquidity, you can make progressive sales in that zone to try to buy down and repurchase more units. repurchase more units. Exactly, in the end, right now, my attempt

[03:15] risk. Obviously, there will be people who can pay more attention to the chart and who can afford those three tests, perhaps more in the short term, but there are also people who say, well, I'm going for the very long term, but in the end, they won't really

[03:27] read a chart. I'm not very involved in the world either. The best thing I see is that in 5, 10, 15 years, in the end, they might not care as much about what's end, they might not care as much about what's

[03:40] long term. But people who are looking for that swing trade or those positions of maybe a week, two weeks, a month, well, right now... One

[03:52] strategy that could be followed is to continue accumulating, as projects where confidence is ultimately lacking. The idea is not to always average down, perhaps seeing a position rise 50 percent or even 20, 30, or

[04:05] 40 percent and then lose another 80 percent, but rather to try selling a portion and then average down to increase the number of tokens. We'll look at this strategy briefly

[04:19] to address liquidity issues. If you'd like to watch vlogs, let's share our screens a bit to see how the market is. We'll macro analysis to get our bearings and provide some key

[04:33] macroeconomic data. We'll then break down Bitcoin on a weekly or daily scale. We won't delve too deeply into lower timeframes, but we'd also like you to share some information to identify areas

[04:47] where we can start accumulating. In my opinion, Bitcoin still has a slight downward trend; it could be will leave us with quite economical prices. We're expecting... 2022 is still in the low zone,

[05:01] we're going to share the screen, blogs share the screen, and I'll start with the Vélez X chart. If you like, it looks good, right? The chart, good, right? The chart, although we'll see it in two days, in two

[05:14] weeks I'm going to put the Vélez X chart, which is the most historical chart you can find among the views. This chart is the supply axis, liquidity here in the market, and we've had it more or less since 2010,

[05:28] and we've added an indicator, which is the logarithmic curve. The events occur, the market is understood to have a movement, which is an inverted parabolic movement. So

[05:46] logarithmic curve, buying Bitcoin in the lower band of the entire logarithmic curve, which is this whole area when Bitcoin starts to move sideways, historically these have been good

[06:04] buying zones for the long-term holder, not for the short-term speculator, but for someone who wants to buy Bitcoin to fund it for several years, the logarithmic band has always been a very good opportunity to obtain

[06:17] very good opportunity to obtain long-term returns, and this is what has historically told us. I think this is a fact to keep in mind when starting to buy Bitcoin. Probably, as blogs say, we can't

[06:30] buy a button perfectly, but if we start doing CO2 dollar cost averaging, Bitcoin purchases will start averaging below 30,000, between 30,000 and interesting area to start analyzing, to start entering the market, not to

[06:47] start buying, but a very good time to start accumulating ketosis. This is what the Bitcoin chart tells us on a weekly/ two-week scale, and I recommend that you monitor it because it

[07:00] is quite a curious chart, and the truth is that it can break, as it did here during the coronavirus crash when it broke the logarithmic band, and it can even break below it occasionally. But normally, even if the price goes

[07:13] below the lower band, it doesn't stay below it for very long; it has been more or less... Historically, it has been a month or two below the logarithmic band. I also wanted to look at a chart with you, the

[07:28] wanted to look at a chart with you, the X and Y chart. The X and Y is the dollar index, a counter-indicator for Bitcoin. I'm going to remove the logarithmic band; I have it here. The X and Y chart, I'm going to

[07:40] put it on a weekly scale. It's a counter- indicator for Bitcoin, okay? It's the indicator for Bitcoin, okay? It's the dollar index. When the X and Y rise, dollar index. When the X and Y rise,

[07:53] fall, on higher timeframes, Bitcoin rises. Now we have the X and Y at a historical resistance level, which is this whole 200, 300, 405 range. Theoretically, this whole range has been a support and a resistance. Every time we've

[08:09] broken it to one side or the other, a lot of volatility has been generated in this area. When we broke the resistance, the crisis level spiked here too. And when generating quite a bit of volatility down here. That's what this chart tells us.

[08:22] If I zoom in a little more, this is on a weekly scale. The X and Y are still triple top, where it would be very interesting top, where it would be very interesting to see the DX retrace down here

[08:36] because if we have Kvitko in a support zone, the DX would line up perfectly, and right at its resistance, it experienced downward rejection, allowing Bitcoin to gain some breathing room and reach the zones we'll see now, around 35, 36, 38 thousand, and

[08:51] probably there for a deadlock. This is interesting to see because if you look at the dates, in January 2017, when the XY fell, that's when the 2017 ratio of the previous garden started. Also, in March 2020, when the

[09:06] XY started to fall, if this crisis continues to reject, then Bitcoin might at least continue to fall. not going to say it's entering Vulcan, but at least it will continue to fall, and that's

[09:22] an interesting piece of data. I also wanted to share with you some data I have here, which is the dominance of... TT gives us a negative data point, just like XY. It was at a resistance level, the TT dominance

[09:37] was at a resistance level, but we've broken it. Notice that we've broken the resistance and right now we're above it, and we don't know if it's a fakeout or if it will consolidate as support. This tells us that people are afraid,

[09:49] even though they're holding cash, which is normal because when the market falls, the TT dominance rises because people sell, they panic, they take refuge in stable positions, and until they see something clear, they do n't start putting money in. But it's

[10:01] important because when, on higher timeframes, the Tender dominance starts to create a downward trend, it means that liquidity will start, market, and it's another piece of data to consider for the Longer Holder, especially when

[10:16] using such higher timeframes. I recommend that the checks also... also... sorry, Iowa, that you're interrupted because of this break of what would be the resistance could also have been... besides

[10:30] taking liquidity because they might anticipate more falls. It could also be because... Regarding the Luna VST, the

[10:42] ultimately causes the dominance of USTs to increase. This is because if a large increase. This is because if a large volume of VSTs is sold and transferred to we will likely see dominance of VSR CEs or USBs. This has

[10:58] likely also increased since everything that was purchased in one stablecoin has been distributed among the other stablecoins. The fear in the market has accumulated, and after what happened with the Luna VST, people

[11:13] have become afraid of stablecoins and prefer to keep them. There have massive withdrawals from FIA, something that hadn't happened in a very long time. People have withdrawn from FIA because they don't even trust them anymore. There's

[11:30] but the fact is that people have become quite afraid of him. Another important piece of information I wanted to share with you is the dominance. The dominance, the dominance we have right now is... Clearly bullish, this doesn't

[11:45] market is going to rise, but it's interesting to keep in mind because right now, Dominance is forming an accumulation pattern based on mudslides in its first pattern, which is an

[11:59] accumulation system. This is bullish, meaning Dominance will bounce. This doesn't mean it will avoid a drop, but this needs to be considered because if Dominance rises, Bitcoin reaches a resistance level, and Bitcoin could retrace while

[12:12] Dominance is rising. We have to be careful because if that combination happens, Sal Coins will fall a lot. Okay, you have to manage this data as well because it's important to know where the

[12:25] money is going, whether to Bitcoin or to the alternative market. A Dominance that can happen to the alternative market. Sal Coins then fall a lot. We saw this recently with the market drifting. If you look at

[12:38] Dominance, these green candles that have appeared weekly have been rising, and now what will happen is that Bitcoin has had a 3-15 percent retracement, Sal Coins 10 115 brutal percentages, and this is a fact

[12:51] we have to keep in mind, okay, when investing in alcohol, getting out of the salt with its, getting into bitcoin too. Let's get into the bitcoin chart now. I'm going to start with the CMB futures chart

[13:03] because we have two pieces of data to consider. At least we don't have the gap in the 24,000 zone, which is this whole gap we have here generated between 23, 24 and 25, 26, which we already touched but haven't quite closed. It wouldn't be

[13:18] candle; it's down here again. For me, this zone is an interesting area to start evaluating and making purchases because it has already seen 25,000. We are seeing a fairly high point. We have the gap at 34,000 and the gap at 36,000, 35, 36,

[13:32] 37, which we will see now coincides with different technical points. This is another piece of data that we have to take into account because, as you know, it's not always the case, but gaps They tend to close, and it's good to know where

[13:46] they are in case the price is going to attack them, so you can trade on the Coll d'en futures. If you want blogs, let's move on to analyzing the Bitcoin chart. If you want, I'll share the screen here. The

[14:00] exact, perfect one. So right now I have it on a okay? So I'm still looking at the historical data, okay? But personally, since I much prefer to be level by level, what we're going to

[14:14] do is analyze all this price action, okay? Because what we 've been seeing since practically January 2021 is this whole range. Let's January 2021 is this whole range. Let's draw it.

[14:37] have we seen? We have our low points here, which would be like support, and also what will be resistance, okay? So here you'll see not be used to hearing, and little by little, we'll get

[14:54] familiar with them, and that way you can also have another perspective, Barack. And in the end, what we see is this range, the middle zone, which This will determine the support or resistance based on chart patterns. So, within the range, what we

[15:06] see is all this buying force. At the end, all these wicks, as you can see, secondly, when I change it once, all these little tables... that ultimately indicates buying force because, in the end, whenever it reaches this

[15:20] zone, it rejects. Okay, but what's important is that down here, what was being created was liquidity. This whole zone was liquidity, just like the entire zone above. It was liquidity above

[15:33] entering short positions, their stop-loss orders were above. Therefore, what we saw was a liquidity grab above the previous level, and then we distributed downwards, which is what we've seen now.

[15:47] Exactly the same as above, but on the downside. We've taken this lower zone; we have the wick here, and what we have to confirm now is whether this is a breakout, that it's liquidity grab, or whether it really has the

[16:00] strength to continue falling. Right now, we see a sideways price action. We ca n't know if it's accumulation or distribution. What we Once this range decides whether to break

[16:13] a fairly large move. Okay, what do we see here? Let's erase the lines. the lines. Okay, here, for example, if we take

[16:27] could be the gap I was talking about. I know it's a little above, but the important thing now is but the important thing now is not to close below this range. Okay, because

[16:42] below it, that would indicate selling strength, bearish strength, and that would indicate more of a drop. On the contrary, if we start accumulating more upwards here, we could see a rise to the middle of the range.

[16:56] Okay, when we go down a timeframe, we'll see what this possible rise indicates, what we have in that area, and why we say we can reach these points here. If we continue on the weekly chart, points of

[17:08] If we continue on the weekly chart, points of interest, or at least there are some that I quite like, interest, or at least there are some that I quite like, which would be... But all this rise here, okay, all this bull run since practically August

[17:20] run since practically August 2020. If we move this to a monthly chart, what don't I like? What don't I like? Increasingly, being more attentive to what's in mind. This time, the opposite

[17:36] This time, the opposite the bull run begins. Therefore, this opposite candlestick pattern would be called an order block, a demand zone, where positions are built.

[17:50] And if you look at all these candlesticks, at the end of this entire bull run, there are still orders in there. Therefore, the market knows where the orders are. So, if we start closing candlesticks below these lows,

[18:03] it would confirm, and what we would see is that trend continuing. We would continue the downtrend, at least until that point. Okay, these will be very low points, and it might be scary, yes, but we have to keep this scenario in mind because, in the

[18:16] end, it doesn't matter if, for example, institutions have entered and raised the end, these people have much more liquidity than retail investors, than the average investor. Therefore, if it goes down, these people will continue buying

[18:31] liquidity, and if they run out, they will take out loans to continue buying. Okay, in the end, we can think that even Maikel Saylor, who is one of those who most Saylor, who is one of those who most wants to buy, could even

[18:44] a Bitcoin bank that provides Bitcoin to others. Okay, so to reach it, we'll first need to close below we'll first need to close below these lows here. If we do this, we'll see

[18:59] these lows here. If we do this, we'll see monthly structure, a structural change. Or, as we see is a minimum-

[19:12] maximum structure, and we start to run gear here. As soon as we close below this minimum, the structure changes; therefore, the So what we would see is a correction, but the next impulse

[19:26] would send us further down. Okay, that will be one scenario. In case of breaking above, then we would look for higher levels. Okay, this is look for higher levels. Okay, this is one scenario. If we go back to the weekly chart

[19:59] This will be a balance. This is what the market is called, how it detects the orders stop-loss orders or other orders. Buying, selling, whatever, that area is a great I like, and that might tell me this zone will be visible,

[20:16] might tell me this zone will be visible, is if we see this drop we had in charts as if it were a channel, okay, from here to here,

[20:28] and then all this, well, a flag that ... We know that this is projected downwards from the breakout, so if we project it, it would give this zone, it would give those

[20:40] 20,000 or even those 18,000, and we would close this zone. Okay, we know that zone, we 've shared some charts with the community. If you add a 300-period exponential moving average on a weekly scale,

[20:56] you'll see that historically, every time Bitcoin has capitulated to lower zones, it helps to find that moving average, which coincides with the zone that Blogs has marked, which would be, well, the 2022 zone. We don't know exactly where it might go

[21:11] deeper, but I invite you to add a 300-period EMMA on a weekly chart because it's clear that every time Bitcoin capitulates, it touches that zone, and it would be the strongest support we have below, which will coincide with the Blogs balance, with

[21:27] coincide with the Blogs balance, with the gap, with the PH of 2017. The exactly, will also coincide. And also, the first chart, which for example is

[21:39] shared by you, that also makes me think if we put it on a weekly chart and add the indicator of the The logarithmic curve is valid; ultimately, the

[21:52] area we're looking for would be around 23, which would be a little lower. But as we said at the beginning, we've always seen, or have been able to see, that something repeating itself four times doesn't mean it will repeat itself a fifth time.

[22:04] Therefore, we saw that in the breakout of the Cob, and so we could also have that drop to these areas here, or even lower, have a puncture like we did in the Cob, and have a capitulation that came from

[22:21] opinions change, the real fear hasn't arrived yet, although in the end, slow drops do tend to be less fearful than a capitulation like the one that could have happened in the Hobbit crash, or even as we saw, for example, in 2018. It seemed that we had

[22:34] bottomed out and suddenly the big drop came. Well, the same thing could perfectly happen, for example, that we reach this area, that there's a big drop, the capitulation, we recover in a V-shape like in the Hobbit, and then we can start looking. In the

[22:46] that the macroeconomic situation isn't favorable because, for example, Bitcoin does th, therefore we have to consider factors, we have to consider different points, different scenarios, and try to anticipate and be able to predict the

[23:01] end. It's very good to have a bearish scenario, a bullish one, so that in know how to act and act accordingly. Do you want us to

[23:14] Lincoln chart on a smaller scale? If you want, and both, let's go to the daily blogs. We're going to talk about a strategy for people who don't have liquidity, who say, " Okay, I don't have liquidity, the market isn't very good, we'll probably be in

[23:30] the low zone for several weeks, even months, but even so, we can do something about the portfolio." So we're going to determine a technical zone where, in the event that Bitcoin goes up, we can make partial sales to try to buy back

[23:44] have liquidity now, what they have to do is try to sell high to buy low and increase their portfolio units, okay? Because the more units we can accumulate, the sooner we'll recover, we'll earn more money, okay? And it

[23:59] contains a very interesting zone that we've marked for more than one day, which is the zone between 36 37 38 37 38 The heat of the marked block exactly. This

[24:13] area here is enabled. Conversely, it will really be the last rise before the this movement is the one with the most strength. As you can see, it's the one that moves the most and then also changes the structure because, in the end, even though we have a

[24:26] bearish trend here, we're going to draw it. Even though we have a bearish trend here, then here it makes the change to a bearish trend, which would be a correction. Finally, we have to know that in trends there are macro

[24:40] trends and micro trends, okay? So the micro trends are within the macro trends, and an upward trend in the micro structure can perfectly be a correction of a macro structure, okay? So we have a fall, correction, and

[24:55] fall, which would be impulse, retracement, impulse, okay? Even though this was bullish, the big impulse is from here. Therefore, this area is where there is sell orders. Therefore, this area that we are seeing here, in

[25:11] my opinion, would be more of an accumulation. You know that, for example, right now in Bitcoin, what is repeated many times is what we call the Bart Simpson pattern, okay? So we could very well see a rejection here that

[25:24] takes the liquidity from down here, manages to rise, and then recovers, and we'd have that inverted Bart Simpson scenario. I quite like that scenario because I'd feel comfortable catching the price going further down, not at the futures level, but

[25:38] getting in. Although, without the current indecision, I wouldn't feel comfortable, but if there's a breakout to take liquidity, I could consider some cooperatives. If you want, let me share the screen on

[25:52] you want, let me share the screen on the same chart. which is what we were just looking at. Right now, we have quite a bit of indecision in this area, which you've already seen

[26:11] use a four-hour timeframe, we continue to move within this sideways range. We have to see where we're going. It wouldn't be unreasonable, as I mentioned, if 're using it; it could go deeper and look for the area above. We could

[26:24] even use the parallel channel. So I think that sometimes when I look at this channel, whether in Four hours, one hour, well, you

[26:37] bottom. I think, and I'd like to first see it taken below, to capture that end, every time it bottoms out in that channel, people go long. Therefore, below it, there's a lot of liquidity, a lot of stop-loss orders. The point is,

[26:51] I'd like to see that liquidity taken below, to kick out those who are long, and then yes, it will go up. But also, if we take the range from the lower wick, just as you have it, but with the lower zone,

[27:05] exactly below, below the wick, the middle zone would be practically, would be practically, almost triple that. So we could enter at the bottom of the range, and from there, if right now

[27:20] we're on a four-hour chart, well, if, for example, on an hour, or between shorter walls, 15, 30 minutes, one hour, they show changes in the bullish structure, so you could look for a buy, a swing trade, or a point and trail, but always,

[27:34] even if these are in futures, putting a stop-loss order. In the end, now, in the better to look to preserve capital and what we earn and what... Let's try to preserve it quickly before we can play like when we were in a

[27:48] bull run, stretching the spots a little more, trace facto, so that it does n't have liquidity, well, an interesting area to be able to make some block smell where he said blogs, okay, that would be the 38 zone, all that range

[28:04] that at the same time at the karting level, if we use the Fibonacci slope and we we use the Fibonacci slope and we whole fall started to the low of 25,000, if it has the

[28:17] 25,000, if it has the Fibonacci retracement from 48 to 25, 25, 500, the blog order coincides with the golden pocket of Fibonacci, which would be the 0.6 level, 180 points, 65, which acts as resistance, that is, whoever wants to speculate, well, they can consider

[28:32] making some sales in this whole zone between in this whole zone between 38, 39, even between 36, no, because probably, given the macroeconomic scenario, if we do

[28:46] something like that, we could have some kind of rejection and go back to looking for minimum zones, and the problem is that If Bitcoin goes up here and then pulls back, and we have bullish dominance, ALA coins are going to fall sharply. So,

[29:01] when Bitcoin is in this whole zone, we need to see where ALA coins are and try to take some profit by making partial sales, even if they're at a loss, to try and buy back more units later. That's the

[29:17] who doesn't have liquidity, and for those who do, I tell them to have a little patience because we'll probably see lower prices. We have to be patient. We must understand that just like in a

[29:31] bull market, pullbacks are where we buy, in bear markets, because the pullback leaves you with a lower high, and the upward move leaves you with a lower low. Therefore, in that pullback, what we'll look for is to

[29:46] exit partially. If we don't see a clear opportunity, we'll exit all the way, and if not, then we'll exit all the way and then focus on lower positions. tool that everyone should know how to use because it gives you

[30:02] quite interesting resistance or support levels. For example, the reason Bitcoin For example, the reason Bitcoin fell to 48,000 has, among other things, a Fibonacci explanation. If I take the price action up to where Bitcoin fell,

[30:16] which was 32,000 in the first rejection, we see how the 05 Fibonacci level, that is, the entire level always between 0.5 and 6.18, is a resistance zone. This is where we should have taken profit if

[30:32] we had known that we had the 51 level. That's why it's very important to detect these levels. I'm going to look at the Halcones (Hawks) so you can see an idea of ​​the precision of Fibonacci. Let's go to Solana. Solana is the same. Notice how Solana moves like a

[30:47] dead cat and falls straight down. Where does this dead cat stop? Well, if we take the Fibonacci retracement from Suatea Che to the capitulation that occurred here when it fell to 32, if we extend it,

[31:00] we see how Solana perfectly goes to the 05 Fibonacci level. There, we should have partially taken profits because of the danger of that zone. Here there is a strong rejection. It's important if I... I'm going to come, baby,

[31:16] we can do the same exercise. Come on, it's the same. If I take the MLB price, Come on, it's the same. If I take the MLB price, which was 670, and go to the liquidator's space that was there when I made a 32 call and I stretch it out, we see how the

[31:31] area also coincides with the 0.5 Fibonacci level. This whole area is below the resistance; the Fibonacci level hits there and goes straight down. It's important to have made a profit there because it's hitting straight down. Rose is the same. If we do the same exercise

[31:43] on Rose, because it's a tool we have to use, it's just one more piece of data, it's not the holy grail. There is no holy grail in trading; you have to gather all the possible data and make a decision. If I take the Roussel TH of 0.60

[31:55] and take the liquidator's wick below at 2.018, we see how Rose reaches the 0.33 Fibonacci level to the millimeter and retraces. You see the importance of having the Fibonacci under control, for example, and I won't ramble on anymore. Let's see if the

[32:11] same thing happens if you take the TH of If you remove the minimum from the cleaning deck, in this case, Bugs stops at 05, but it will hit the Golden Pocket, which is really the area between 05 and 618, the one that offers resistance.

[32:25] We have a very large retracement. I recommend that you use the Fibonacci tool a bit because it is quite accurate and has many uses, both for scalpers and for those who would enter, for trading, and even

[32:39] for holders. Bitcoin, the 65,000 level was a Fibonacci extension of 1.618. So, if we have already detected resistance, we want to look at some

[32:55] entry points and how they are different from Coins, to see where we would have to sell and where we would have to buy back if we want to speculate.

[33:20] weekly chart so that the movement is clearer. And finally, doing it like this, for example, on an hourly chart, won't give you as much information as, for example, a weekly chart. So, we need to understand, first, that

[33:33] a weekly chart shows much slower movements. We can't expect to see an analysis and have it done next week because we're already working on a weekly chart; it's a bit longer, okay? And second,

[33:45] for example, looking at the chart for Cadena, the stock rose practically from July 26th until then—that was 100 days, a rise of 9,029%. Therefore, just as there are

[33:58] these rises in Alcoy, there won't be a fall. It's also very, very large. So, you're aware that salt with enzymes of this type not like it's going to hell; it's just that there can be, and there will be,

[34:15] even larger ones, okay? So, if we analyze it like this, at first glance, the first thing we see in Cadena is that, in the end, the first demand zone would be this whole area here, okay? It would be this opposite candlestick before the

[34:29] strong move, okay? If you see, in the end, all these movements, these very large candlesticks, leave a lot of liquidity in the middle. In the end, this whole area here, all of this here is liquidity. which ultimately ends up filling up, that's why, for example,

[34:43] when we see coins that on the first day come out and hit a brutal rise, then they fall because they're looking for all the liquidity below them. what we're seeing on-chain, what would happen is that if this zone goes

[35:03] we have a lot of liquidity below, and we would have this zone that will be the beginning of the whole movement, even on-chain, if Bitcoin reaches the points we've talked about, the chain could get very, very,

[35:19] very cheap. Here, for example, we'll have a balance, and it wouldn't be unreasonable to go and fill it up. For example, we could fall, make that pullback, and then continue falling to, for example, levels of 0.50 cents. I don't think that's

[35:34] crazy, even though we 've seen it at $26. Absolutely nothing will happen. What we should be doing here, perhaps, is doing here, perhaps, is watching the on-chain to see if Bitcoin has

[35:46] an upward impulse to the zone we've mentioned, 35, 36, 37, mentioned, 35, 36, 37, see how far the chain pumps, and since the constant, probably It drags the chain upwards in that zone where they live,

[36:01] there are 37 and 38 in the chain. We can think about making partial sales because if we can, I making partial sales because if we can, I think it's the 44 with 30 zone. If the chain reaches that zone, it's an area where we can evaluate making

[36:15] progressive sales to try to buy the pullback because if it pulls back 30 chain will probably go from 4 to less than a dollar. At 0.70, it has resistance towards 70 to 0.90. Doing 50, even without another resistance in the 1 with

[36:31] 50 zone, then we will probably see some kind of spike that will be false. There we have to take advantage, sell at a loss, and when it pulls back again, buy back and try to buy double the units. I insist on this because it's

[36:45] the strategy you have to follow if you 're stuck somewhere. Your objective is to try to accumulate, not recover the capital; that recovery will come. But if you have double the units, you will recover

[36:58] triggers this whole fall. If we want to see a fuse here that goes practically from three to the most social ones, it is It's pretty crazy, okay, but if we want to, right now we're bringing it down to fill it in.

[37:12] but if we want to, right now we're bringing it down to fill it in. where it is, where it could go, okay? But yes, I use Fibonacci differently, we'll explain that another time, okay? But yes, the

[37:26] beginning of this whole drop would ultimately be that $6, $8, $8 zone. I don't think it will reach $6. Personally, if it does, it

[37:42] Honestly, and if it were me, what I would start observing is if we have that air in Bitcoin, for example, that goes up to $ 38, around that zone, and the salt that gives air. The moment Bitcoin reaches $38 and rejects it, I would

[37:57] also start reducing exposure. If we have several, there will be some where we're probably at -80, -70. Let's not expect to get positive with that bread, okay? But in the end, if we trust that

[38:09] But in the end, if we trust that project, for example, blockchain,

[38:24] n't know if your blogs cut off or if it was my collection, can you hear me well? Yes, now I am. And what we were saying is that we have to be careful with the salt, in case Bitcoin drops, we have to look at where the something is, and

[38:40] when it entered this zone, well, that 36, 37, 38 area, a resistance zone. If 36, 37, 38 area, a resistance zone. If you want blogs, we look at René Rica, we had lost a few minutes and it had frozen, but well,

[38:53] summary of the era, that's it, it has fallen quite a bit, it has fallen quite a bit. Here, for example, the zone I had marked was this one here, okay, yes, in the end I thought that this zone was going to drop in a

[39:07] zone was going to drop in a second, reminds me a lot of the one published because published also starts with an accumulation of this type, okay, here, for example, yes, it was one of my

[39:21] mistakes, that as I normally analyze, looking for liquidity in the market, I also got too blinded by this accumulation, expecting that this zone would hold, okay, but what we see in an

[39:34] accumulation is that everything below is liquidity, therefore the zone that would have been better to observe would have been this one down here, which is where it all starts, although I call it red, but it's really where we're holding right now.

[39:48] Okay, I'd like to see this shape, for example, holding, so we can see that bread, well, that rise up to that area. From there, a mark starts in the market,

[40:03] $10, right? No, ten dollars, of course. That's a very good area to make progressive sales and try to buy back the pullback, which would actually go to the blog order and make the pullback to the whole structure. If you make it small, if it foams out,

[40:19] it would be the pullback to the break of the support, which after the market would be a re-sell. But if this, for example, in chartism, what this would be right now would be the resistance. Therefore, Arias, Arias, and pullback, but we go back to this area, through

[40:32] pullback, but we go back to this area, through this supply zone. this supply zone. If you have blogs, we look, they're asking here and say, "I'm going," yes, that is to say, in all the altcoins, who is currently

[40:45] all the altcoins, who is currently thinking of buying altcoins. As advice, put the stop loss, for example, if someone in NM Erreka right now says, "Okay, because we've said this, but there's also the possibility that it will then fall

[40:59] down. Therefore, if someone here is waiting, wants to buy Emelec, set a stop loss. It doesn't matter if it kicks you out and then goes up, okay? But preserving capital is key. We don't want to buy, have it go to two, and then suffer another 50%

[41:12] drop, which could very well happen. you want to speculate short-term on something and say, "Okay, right now Bitcoin might

[41:24] purchases to try and sell them. But I think that throughout the year we can see them all that throughout the year we can see them all much cheaper. There's still a long way to go. Right now, I think— not me, what do you think—but I believe

[41:37] that right now is not the time to buy. Alcohol is for accumulating over time, but yes, exactly, that is, to make your interest in acquiring liquidity more quickly, and then when there are signs that there's

[41:52] a button in Bitcoin, even if we don't take the whole button, then we'll start accumulating. But right now, in a downtrend, what we have to look for are those three quick ones, those corrections, take that

[42:05] liquidity and hold it and preserve the capital. To tell the truth, I mean, I'm going to say, okay,

[42:23] mixed feelings because if we look at the weekly chart, if we look at the weekly chart, at the end, it's going to be shown in full, okay, they analyzing it, and I don't want you to be scared by what we're going to

[42:38] Bitcoin can fall to $12,000, there's also a situation where I could say it falls quite a bit at the end with that vile or with whatever, and really, if I analyze this chart in my own way,

[42:54] the candle that I would be interested in would be this whole This area, okay, that's a confluence of the... with...

[43:07] addressing our demand zone. This would be another second This would be another second confluence from the TH of 2018 to its lowest point. Give it a second, I'm going to put it with the price range, I think it is...

[43:20] yes, from here we have a 94% and if we take from the TH of this year to this area we would even have a 92% and if we go down a little more, and I would even like to see this little candle here that has...

[43:35] in balance in all this, because I would like to be in liquidity, it will be another 94 %, it will be crazy, yes, honestly it can be crazy, but it would give one of the best prices in one of the best projects, in my opinion. If

[43:49] accumulating, that is, a price, it is very cheap. If you want blogs on how they really are, all the health, if they are more or less the same in general, we have to wait to see if Bitcoin has a small point to be able to exit, but I

[44:03] also want to share a chart so that we understand the cause of the hawks falling, it is also the pair, that is, against Bitcoin, that is, distribution also very similar to mudslides, which will probably say a con

[44:18] against Bitcoin when it loses this support level, which it seems it wants to lose support, in the event that it loses it, then the price will probably continue to suffer. That's why anyone who wants to buy should wait because this

[44:33] alternative market. If you want to accumulate ketones, fine, good, but with caution, because the similarity against Bitcoin

[44:45] is falling, the dominance is rising, and the scenario is not good. Okay, let's be patient because I think it will give us some quite interesting entry points.

[44:58] quite interesting entry points. Also, let's look at in the firm part. Given the negative aspect, I also have to give some points, obviously, so that we don't think directly. There we

[45:13] think directly. There we also see a little bit of what would be the channel, just like in Bitcoin, with that deviation above. So, the problem would come, I would say, from the same thing, and the structure really

[45:26] same thing, and the structure really could be a distribution. In the end, we could see that distribution, okay? But the bad point, where I think we could go quite a bit lower, would be losing,

[45:38] let's say, this whole area here, which would be The lower zone, for example, doesn't worry me. Let's see if they demand that it reach 1,500. If it then recovers and leaves us with this as a fake-out, just like it did above, the problem itself is that we

[45:50] above, the problem itself is that we go down below, break this zone, and then see something like that, where it starts to consolidate and begins to accept prices below the range, then what we can see is that this is a distribution network to

[46:03] then continue falling. That, for me, is the key point. the key point. Exactly, it will generally give us interesting prices

[46:15] Exactly, it will generally give us interesting prices doing technical analysis. It's important to know technical analysis to trade the market; in my opinion, it's essential. Besides, there can be very good

[46:28] essential to know a little bit of technical analysis because otherwise you don't fully understand the charts. Because in the end, the charts are a reflection of market psychology. So, blogs, if you agree, we'll wrap up

[46:43] you agree, we'll wrap up the review. I'd like to do the raffle we have for a place in our private community, for a meeting with you and me to see portfolios, check things out, whatever you

[46:58] want. I'm going to share my screen with you. Go to Twitter, which is where we told you the conditions were to retweet the Route 6 18 post, following the fifth teacher. I'm going to use an application,

[47:12] this giveaway app. It looks good, right? Well, it will tell us who enter the giveaway. I'm going to retweet, and here it asks me to put the URL of the post,

[47:25] here it asks me to put the URL of the post, which is the URL of this post. Okay,

[47:37] the winner is. Okay, now it's totally random. There will be one winner and one alternate. Okay, if the winner doesn't meet the requirements,

[47:51] start, and it will be totally automatic, and here will be totally automatic, and here we will see the winner. will contact them. We will see if they meet the requirements.

[48:05] If they

[48:18] follow you, okay? perfect. I'm going to be there. Jaime will be the winner. In Jaime's case, if he doesn't

[48:33] the next route and hold the raffle again, okay? Well, that's all from me. Blogs, I think we can wrap things up now. I hope you enjoyed this little bit of the 618 route. We've tried to do a small general market analysis. We'll be

[48:47] bringing in guests during these days to add a different dynamic to the market. Leave us comments on YouTube about what you'd like us to

[48:59] analyze in another video, give us feedback, tell us a the videos and blogs. We're here to serve you, exactly. So, the

[49:12] only thing I can add is, I repeat, thank you for being here. I hope you enjoyed it, and yes, in these market situations, the only advice I could give you is to dedicate time to learning about them. In the

[49:25] end, if you like the whole topic, which is described below, and you like to analyze and like charts, dedicate time to learning about them because, in the end, fundamental analysis is also very good, and now,

[49:38] for example, it can also be good to know which projects might be the ones that will be successful in the future. Those with the most potential, but really, what will preserve capital or prevent losses right now is

[49:53] technical analysis. That's why, in the end, a good combination would be best. I don't usually use fundamental analysis, but that's because I warn me about things that fundamental analysis can't. If it were based solely on fundamentals,

[50:09] Bitcoin wouldn't be worth what it is now. Okay, guys, that's all for blogs. us. See you in the next session of next week's route. And thanks to everyone watching us for a while. See you

[50:24] next time. Hugs, guys and girls. Bye bye! Hugs, guys and girls. Bye bye!