CRUCIAL: Are Crypto Bulls Officially Back In Control?? [My Checklist]

On Bitcoin

Changed since their last video: days flipped up to down.

Views

• Next days (next 1–7 days): Leans down: So, ideally, you're going to get some sort of a pullback at some point during this week, and that would set in a higher low. ▶ 03:27

If this, then that

• If Price moves up into the $109,000 level on low volume, then no target given (next days): If the volume is low and price is moving into that $109,000$ level, then you can actually start to look for low-risk short trades. ▶ 27:08
• If Price flushes down into the Monday low, where the long trade is taken, then no target given (next days, by this week): Price comes down into the low. Take the long trade off of this $104,365$. So, you take the long trade, ▶ 28:55

Levels named

• 111.5k: Resistance (breakdown level that must be reclaimed to shift market structure): you must see the breakdown level reclaimed, which is $111,513$. ▶ 23:07
• 109k: Resistance (0.786 and 0.886 Fibonacci cluster with the order block): If the volume is low and price is moving into that $109,000$ level, then you can actually start to look for low-risk short trades. ▶ 27:08
• 107.2k: Resistance (stacked liquidity over $20 million on the daily is enough of a draw): Anything over $20$ million on a daily I consider enough of a draw. And that is at $107,200$. ▶ 31:21
• 104k: Support (middle of the CME gap, area where a pullback would be a trade opportunity): the middle of that gap is going to be around this $104,000 region. ▶ 03:21
• 100k: Support (bulls did not want to see price drop below it): for Bitcoin, to make it easy for you, we didn't want to see price drop below $100,000$. ▶ 16:29

Their own position: Holding. BTC long trade, up $7\%$. And then ETH, which is the more sizable trade.

On Ethereum

Changed since their last video: days went from expecting up to leaning up.

Views

• Next days (next 1–7 days): Leans up (timeframe is our reading): ETH, beautiful move. It can go a little bit more. You know, this has theoretically cleared a lot of important zones. ▶ 42:27

Levels named

• 3.9k: Resistance (needs to get back above it, anything below is risky): Basically, it needs to get back above $3,900$. Anything below there is risky ▶ 38:02
• 3.88k: Target (next area of interest once the cleared zone is flipped to support): Flipping that into support will be good. Then your next area of interest is like $3,880$. ▶ 42:37
• 3.1–3.2k: Support (area highlighted earlier for ETH to come down into, with 3,100 as the worst case): ETH coming down into that area over there, 3,200. And we said worst-case scenario, drop down to 3,100. ▶ 15:59

Their own position: Holding, with leverage. And then ETH, which is the more sizable trade. We were down quite a lot on that, but we added more.

Dates named

• BTC Death Cross expected this week, undated: It's going to be either Wednesday or Thursday, I think, is when this is going to happen.
• US government shutdown being lifted, undated: the strong reaction off of this and the positivity around the government shutdown being lifted might inject a little bit of optimism in the market.