The Data Doesn’t Lie! Crypto’s Turning Point Is Here!

On Bitcoin

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

Views

• Next days (next 1–7 days): Leans down (timeframe is our reading): So, this could indicate that we want to drip a little bit lower here and maybe test that 108, maybe go down even as far as retesting those lows. ▶ 03:14

If this, then that

• If BTC pumps into 112.5k-114k danger zones, then 108–109.3k (next days): So if we pumping up guys 1125 114 these are big danger zones for me. These could be the start of a big pullback and if you're looking for sculpts here 109300 108 could come into play for now. ▶ 04:19

Levels named

• 114k: Resistance (high confluence rejection zone): So examples here for me 112500 that's a nice rejection zone and this 114 is quite a big uh high confluence uh rejection zone for me ▶ 04:06
• 112.5k: Resistance (nice rejection zone): So examples here for me 112500 that's a nice rejection zone and this 114 is quite a big uh high confluence uh rejection zone for me ▶ 04:06
• 109.3k: Support (combination of VWAP from the lows, the 200 day MA and weekend low): the big thing holding us together currently is this 109 300 that we are watching over here. ▶ 02:19
• 108k: Support (typical 618 move on BTC): 108 could give you a little bit of action here. This is a typical 618 move on BTC. ▶ 02:59
• 104–106k: Support (3-day chart zone with wick down to 104): So, my big zones for me that I like still 106. You can see this wick down to 104 that Nick is talking about. ▶ 17:18
• 98–100k: Support (big psychological zone): we got the big psychological zone, 100K, 98K. These are big levels here uh for us. ▶ 17:32

Their own position: Short. And there's the current ETH long and my Bitcoin short that is still parking over there.

On Ethereum

No change since their last video.

No view on any horizon.

Levels named

• 3.82k: Support (first line of support for the bulls, holding his bull zone): I'm sitting in this uh this position here tracking 3,820. You can see this is going to be our big first line of support here for the bulls. ▶ 20:40
• 3.76k: Support (618 retracement for ETH): Your next obvious zone is going to be that 618 uh for ETH. And that is 3,760 that you can pay attention to over there. ▶ 21:17

Their own position: Holding. I'm still sitting in uh a relatively decentsized ETH long at the moment, and I'm still torn between cutting this one or holding it.

Dates named

• US-China trade deal, undated: this China US deal is obviously massive in terms of the char situation. And with this out of the way, maybe we can get a little bit more catalyst going on.