The Art Of Crypto reviews a $19B crypto liquidation and maps Bitcoin, Ethereum, and Solana setups across weekly, daily, and hourly charts. Key levels include a 113,700 order-block invalidation. Expect choppy, low-volatility conditions over the next few days with fewer high-probability trades.
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What's up guys? Different setup today because it's been absolutely pouring the whole day so I had to migrate to a different part of the house. But anyways, that's besides the topic today. I'm going to get into the intraday setup for bitcoin. Going to take a look at Ethan and take a look at Sol. Most importantly, understand that, you know, there's been a very catastrophic event that just happened in the markets. So understand that a lot of you watching this may be affected. Now I've already made a video over the weekends on of the long term output for bitp. It's literally titled is the B on over? So I think that will give you a much better, you know, answer in case you were wondering. Like yeah, the boron's over so I'm going to direct you to that video after you watch this video. But secondly, I've also made a video on like if you were one of the people that unfortunately lost money throughout this dump and let's say you're in a very tough spot right now. I've also made a video on exactly how you can bounce back from it that's being edited at the moment, but when it's posted I will, I will be posting it. So subscribe. Turn on the bell notification. Not a shameless block because I truly think this will be beneficial to you. But otherwise we'll get into the intraday setup for today. Before we get into it, last Friday's trade was a absolute banger. Like in the event that we sweep these relatively low highs at around the hours between 8 to 10am we're going to be looking for price to give a short term time frame. Right? Meaning the five minute chart to start breaking lower. And then we're going to take that trade down to 119,600 or potentially lower based on the targets that I've set before, I think it was 118400. We called the top, we called the short. Unfortunately I did not manage to hold the trade all the way to for the entire dump. But it is what it is. It's still a win. And so I think that puts us up to 116 of the last 146 polls that we've made publicly here on YouTube. Again, everyone made money. In fact, I'm super happy to see that most of you here are not. At least the ones who have replied to me on Twitter are not the ones that have lost money throughout this dump. Just, you can't. I cannot tell you how proud I am that you Know, we're one of the only channels that has been calling things the way they are and not trying to sugarcoat it. Not telling you to go like 100x long onto Bitcoin, saying that, oh yeah, we're definitely going to get a new, you know, all time high or whatever. Like we keep it real. We're going to continue to do that moving forward. At the end of the day, like my responsibility as someone who makes these YouTube videos to tell you about the markets is that I'm going to try my best to not lose you guys money. The market is already tough enough as it is with, especially with all of these other like YouTubers and like Twitter guys who absolutely do not know what the hell they're doing. And yeah, they're just putting a lot of people's, you know, financial situation at risk here and we're not going to be one of those guys. So. So anyways, enough chit chat. Let's get into the video today. So I'm going to preface this by saying that chances are the next couple of days are not going to be amazing for trading, primarily because we just went through a, arguably the largest dump in the history of crypto. Again, this was $19 billion worth of dump where the second and third place were both about 1.2 and $1.4 billion each up liquidations. This is by all accounts, objectively speaking, a very volatile event. And the thing that you need to understand about the markets is that after high volatility periods, you tend to go into periods of low volatility. It's the exact same reason why you hear these people talk about, oh yeah, the longer you stay in a range, the more explosive the move is going to be afterwards. It's for this reason, right, because the market goes from periods of low volatility to high volatility. Right now, essentially this is just a fancy way of saying that the market's probably going to be chopping around for a bit and so the next couple of days are not going to be high probability trading conditions or you to execute in. It doesn't mean that we cannot take trades. It's just we want to keep in mind this market condition so that we can act accordingly. Meaning we're not going to take, well, we're not going to be too aggressive and in the event that we do jump into a trade, what's going to stop it out? Like a 2R or maybe 3R at most, more likely to R because we're expecting the markets to not give us a huge move again. Still possible to catch a small move, but we just got to take that into account. But anyways, just taking a look at things on the weekly chart, I've already kind of prefaced this in the, you know, this is the end of the B video but we did not get a weekly close beneath this level which was absolutely key for us to all above. So we're still all good. However, last week's HEDL closed bearish, which means this week we are technically still bearish on the weekly bias. Although if I were to give my honest opinion here, I do think that we're just going to form an inside bar this week. And what that means is that because this range of this handle is so huge, it's very unlikely that we're going to get to either the high or the low of the last week candle. Which means again, and I preface this already, we're expecting choppy conditions, which means whatever move that we expect throughout this week, expect less volatility. Okay, now we move on to the daily chart. And the daily chart yesterday closed bullish. So today we are going to look for ls. However, just keep in mind that we are now trading into some kind of resistance level. Is it as part is just going to dump in gear on now? I don't know, but I'm going to tell you how it is. In fact, I made a video recently on this exact mindset that's allowed me to again with every up and down. You know, I've mostly been on the right side of it like about 80% of the time, right. This is just based up all of these videos that I made since February and made a video about, you know, this process and this philosophy that I adopt to achieve that. Again, we'll be posted sometime soon once it's edited if you would like that just subscribe and send in the bell notification. Otherwise going down to the wiki, sorry, down to the 1 hourly chart again because we are looking weekly belongs here. There are a couple levels that I will immediately mark out which is this level rank here, this and this all together forms what is known as relatively equal lows, which means that in the event that fast sweeps this today, within the next couple of hours we're going to look for price to actually give a short term bounce. And this is what we're going to capitalize on. One of the important things that you need to know about these intraday calls that I'm making on this channel is that we are not trying to capture the largest moves of the day. What we're trying to do is to capture, capture one high probability to our move within every single day. That's what keeps us consistent. That's what allows us to make money without putting ourselves at risk of these liquidation events like this grant. They don't happen very often, but so this is the methodology that I'm utilizing within here, these videos. And so just take that into consideration when you watch these videos. So these are the relative legal lows. And potentially, or just potentially, you will tap into this, this order block right here. Like as you sweep out these lows, you're going to track into the order block and that's what's going to give us that bounce that we're looking for. The only thing that I will again caution you about is the fact that we currently have a hits and shoulders pattern, right, this being the neckline. And you know, in the event that you break down here, there a chance that today could just be a no trade. In fact, most likely, unless I get like really clear confirmations, I'm probably not going to be doing any trading today. Besides that, if you take a look at news, you can see that today, Monday, there's no news. Tuesday there's no news, it's not until Wednesday, Thursday. And yeah, actually Wednesday and Thursday are the only days where there's going to be news, which means that those are probably going to be your highest probability trading days throughout the week. Just another kind of announcement that I'm going to make. I'm going to be flying on Wednesday, leaving Korea, unfortunately. And like my flight is, it's probably going to take the whole day, right? It's a longer flight than usual, so I'm most likely not going to be able to make a video on Wednesday. I'll try to keep you guys posted on Twitter if I can, but just take that day as, as my day off because physically I'm just unable to record a video. But otherwise I will be back on Thursday. And ideally, again, we want to focus all of our trading on Wednesday and Thursday. And because they have news and in all of the experience that we've had so far over the last, well, throughout the whole year, as I've been making these videos, is that most of our big winners and most of our winners, period, actually comes on NIS because the market is just in a much more high probability state. And so, yeah, the cold day is definitely going to meet towards the long side. But I will preface this by saying that invalidation for this is that if you do not get a lower time frame to change in order Blow. Which means if you don't get, for example, the price just keeps doing this without showing any signs that one thing reverse, it's just going to be a no trade straight up. And in the event that it goes short, like, we don't have to take action on that either because. Because the daily bias is bullish and it's never too late to jump into a short tomorrow or Wednesday. Once we get more confirmations that there is indeed a downside mood happening though, that's the mindset we want to adopt here. It's very critical that at this time, when there's so much panic and when there's so much fear in the market that a, if you have the capital available, take advantage of it. Because the easiest monies that you're going to ever make in a bull run is when stuff like this happens. You buy into fear, extreme fear. Alter like three months and you're going to make a 3x on your money. This is the bull run playbook that I've shared in master passes before and this is the exact. And yet we're seeing it fly out for the first time like so far during the cycle because yeah, cycle has just been very different compared to the rest. But anyways, the validation for this will definitely be if you close underneath this order block right here, meaning, you know, below 113,700. In the event that you close below here at 140 600, it's already kind of like firing off some warning signs because people would be a lower low. Sorry, this will be a lower high. It should be a lower low. And then potentially you're going to look for a retrace for F to continue going lower. So again, you're seeing how today is a little bit less clear. Right. We have reasons to believe that entry this could go up, but we have a much stronger reason to believe that it's going to go down. So you see the risk here and what I mean when I say low probability conditions. There are many other days where things are clear. It's obvious. And the call is usually, yeah, you know, we're going up buy, we're going down short. Kind of like last Friday, right? All the signs were dead, just short. I will definitely keep you guys posted on Twitter later on. But again, most likely today is not going to be a trading day for me and I'm even going to go so far as to say that whatever happens here today, I'm just yet not going to log in. Now there is potentially another scenario that could be playing out right Here, which is a smart money reversal into some kind of market maker sub model. I know that's a bit of a mouthful, but essentially this is the first impulse up. You're going to be looking for a second impulse up which will mark the top. Usually this will coincide with some kind of higher PD array just like this one right here. One of the reasons why I was able to call all of these shorts on, especially the one on Friday, is we were getting a market maker sell model. This right here is a bearish road block. Price did a smart money reversal. First impulse, second impulse up and then break down. And then that is when you get that break in market structure, break in order flow, whatever. And we started shorting on Thursday and we shorted again on Friday. That was the move, by the way. And right now like again, this is going to be more of a prediction rather than something that's already happening in the charts. But it's a likely scenario where impulse up, impulse up into some kind of high traffic key level. And then now again, this is, it's not happened yet. It's an idea that we can keep track of. But yeah, overall like the call today is this is my official poll for today. I don't know if it's going to play out, but if it happens, I'm going to keep you guys posted on Twitter and I'm going to take trade. If it doesn't, then yeah, you know, we just take today as a no trade. It is what it is and of course it starts going lower today. I'm just gonna mark this as a loss. Of course, as I do, I try to give you full transparency, especially on these public holds so that you can have some faith that hey, you know, we make more money than we lose. But otherwise let's now take a look at Ethereum real quick. Ethereum has Ethereum and Solana by the way, have been bouncing back really strongly. Again, we caught the short on Ethereum last Friday and so far you have gotten another change in state of delivery towards the downtight, unlike Bitcoin. Now, Bitcoin you did not get changes to a delivery. See you close above. That's a really good sign. Which means that Bitcoin is likely to go up while Ethereum is likely to remain weak. This could change. Again, you're going to be looking for longs today. Just understand that overall on the high time frame you are looking pretty bearish. Now for today the setup is going to be same, same, all same all. You have relative equal lows here and here. When either One of these levels gets swept in between the hours of 7am to 10am New York. You're going to be looking for a five minute change in delivery towards the upside. And that's going to be your setup. That and Solana. Let's take a look at the weekly chart. Now weekly you have close below this level right here which means that this is known as exchanges data delivery. Again it's not positive news for Solana although that bounce from $140 is very promising. But same thing here. You're now coming into this bearish order lock which is a otherwise you know, very bearish resistance level. But in terms of the intraday high freight again we're trying to. These videos are made primarily for intraday at any given time, right. If you look at different time frames, you know, tell you different stories. But what's important is that we understand the context that we're executing from. These are intraday trades which means they're opened and closed within you know, two to three hours. And so whatever is happening on the higher time frame daily, weekly, you use it newly, keep it in mind. But you also understand that the intraday time frame we're looking for loss and or it's also kind of similar Ethereum sorry for Solana. Actually ideally the condition for Salana is going to be a cab of close above $199 because that will mark this as a potential do shorter mark. If you get this that will be the entry setup. Again you want to look for this to happen to get hours of 7am and 10am NE. But just keep in mind that today is a non newsday. The market just went through a huge dump, very volatile move and you know things are not looking amazing, right? It's not. Ideally you sit back and you relax and you watch the videos that know about to pop out. But otherwise you can head over to dinner now I'll catch you guys in the next one. Cha cha.
