Bitcoin: It's Not Over, Watch Out

What's up guys? Welcome back to another video. Yes, this is Barney and yes, I'm wearing a hoodie in peak daylight. I believe I am sick at the moment, but you know, that's not going to hold me back from recording this market update. Anyways, the trade from yesterday ended up being a resounding success. And once more, an example of why we trade the system. Or like rather we trade what the system's telling us rather than, you know, our theories and thoughts about the market. If you guys recall from yesterday, I said, you know, yeah, there is a potential that the market could go up from there, but it's never too late to, you know, go long. Today, in the event that the market pumps yesterday, we'll be jumping into a more confirmed move. And ultimately the system was pointing down. And that's why we call a short. And that was a resounding success. Let me know in the comment section below if you managed to catch, I think it was scenario number two where you just continued breaking lower. If you guys recall, that was one of. That was the line that I marked out right there. And price broke below. It came back to retest and by the time the New York session actually starts in between 7am to 10am, that is when move began. And so that is a textbook example of why you trade the system. And ultimately this is a system that is, well at the moment has produced. Let's take a look. Oh, wait, no, this is the setup that I showed today, by the way, if you would like to get access to, I mean, not get access, if you'd like to follow along some live trades or just trade ideas. I posted this a couple of hours ago. But yeah, we're currently 125 wins out of the last 158 calls made publicly here on YouTube. So this is a system, I would say, that wins more often than, you know, it loses. And so when you have a successful system like this, it's just down to the trader or like it's just down to you to just be disciplined with the system and just continue, you know, trading the system and not trade what you think, basically. Anyways, going back to the video today we're going to make another trade poll. Yesterday the daily candle closed Bearish. So we are looking for a bearish trade on the one hourly time frame. We have already swept out the Asia highs and currently price seems to be breaking lower. But let's just mark out or like, let's just see if there are any other potential order blocks or just in areas of interest. That we can take advantage of. And currently I am also being assaulted by mosquitoes, which is really annoying. For all we know this there could be the reason why I'm sick at the moment. Anyways, this is a bearish order block at the moment. Until this one gets broken through we are going to be short. But even without the bearish order block on the daily chart you have a bearish daily buy. So we're already short anyways. So in terms of the one hourly time frame, we're going to look for shorts potential. Second scenario that could happen is if you break below this candle here and you get a one hourly close underneath, the exact level is going to be 108,850. Then you can look for just this to become a new bearish order bulb. Similar setup to what happened yesterday where you know, we had relatively equal highs but price ultimately just started breaking lower. And that is also very much valid because it is still in line with the higher time frame bias. Going down to the five minute time frame is when you'll see that the Asia high has already been swept. There is also another potential that price could sweep out sweep that another time. Just like what we predicted on like two days ago during FOMC where you guys recall like we in a New York session, even though London has already swept out the Asia highs, you can get another sweep off the London highs before price makes the real move. So today it could happen as well. Currently I'm already in a trade from here which is just London. You sweep out the Asia and then you get CISD here my entries here takes my stop there. Again this was posted on Twitter so like we'll see if this plays out or not. If it doesn't and we sweep again and that will just mean that we are continuing to fill in the bearish order block. And between the hours of 7am to 10am I'm not actually super sure if there is news today. My forex factory is not working at the moment and the economic news is not showing on TradingView and neither is it showing on Forex factory. So I guess we're just going to have to eyeball it. Obviously look for like in the event that you get a sweep, look for the bearish cheese data delivery at around one hour before news to an hour after news will be the ideal, you know, trading window. But otherwise just look for something like this to happen between the hours of 7am to 10am and you're going to be pretty good. So that's the setup for Bitcoin today. Again, we're just looking for more downside. I know me, I hold, you know, bags of crypto. I would love to see price pump from this point onwards. But the unfortunate reality is that ultimately we're traders and we can make money both up. Like if the market goes up, we make money. If the market goes down, we make money. This is, and I don't mean to sound cocky here, but this YouTube channel is as one of the most profitable audiences. Like out of so many YouTube channels, we've managed to avoid almost every single big catastrophe we have called publicly every single bottom. And like it comes as a result of just trading what the system's telling us. And again, not trying to, you know, bullpost or bear post or like, yeah, oh yeah, Bitcoin's gonna go to the moon. Like it. I'm sure it will be at some point, I'm sure it will at some point, but that time is not now. And so we're just gonna keep trading the system. Now granted there is potential that this gets invalidated as well, but again, it's not too late next week once we get, you know, a confirmed breaker structure, changes in order flow, it's never too late then to jump into a long, into a more confirmed trend. But so far so good. This will potentially be the target at 103,500, but otherwise the current daily low is going to be a suitable target because you have relatively equal lows here at 106,000. Now, not saying that Price is going to get there, but in the event that it gets there, that will be your intraday target. But of course, as usual, take your profit out to our lever Runner. If you want to leave a runner. Next up, we're going to get into Ethereum. Taking a look at the daily bias. It is definitely very bearish as well. Potential targets for today, just got a couple of lows that hasn't been swept yet. There was a one hourly chart. Now you're in a much clearer kind of order block where this is a bearish resistance zone. Price just filled it and essentially price could go down here from this point onwards where you get a change state delivery. If you get a one hourly candle flow is below 3820 by the time you watch this video, it means that Price is going to turn this into a new bearish order block. You have a potential heads and shoulders pattern forming at the same time. So that's just a long compliment on Ethereum. Feel free to prioritize Ethereum as the short trade here because it's Looking a lot more clear compared to Bitcoin. But both are valid of course. And this will be the intraday target. Take your profit at 2R lever runner as usual. Next up we're going to look at sol. And in terms of Sol, you have a bearish daily bias. Currently prices in some sort of bearish imbalance. In the one hourly time frame you have this bearish water block. But you also potentially have a bearish fair value gap right here. Which means that in the event that price comes into this area right here, this is also valid. But you could also just break lower for a this point onwards. This is also valid. Unfortunately I cannot just tell you like, oh yeah, it's definitely going to be this one or that one. That's not how the market works. Like at the end of the day I'm recording this video usually like 2, 3, 4 hours before the move actually happens. So my, the only thing I can do is to prepare you for, you know, whatever scenarios that could happen. Likely scenarios. Of course, I'm not just going to say, oh yeah, if it comes here, buy, if it comes here, sell. Like we have a very clear daily bias here which is, you know, we're looking to sell. I'm just giving you like areas where this could potentially happen. Ultimately, trading is not just about price action. Like everyone and your mother, you know, focuses on price action. Oh yeah, this is support, this is resistance. Oh yeah, price is pumping, price is dumping. But nobody really pays attention to the timing of it, which is, yeah, that if you get into, let's say the fair bit gap at around the hours of, let's say 8:30am which is prime time for New York trading. It's going to be a whole lot different than if you were to tap into this fair bit gap at like 5pm when the market closes. There's a very huge distinction there. So whatever happens is the market, you want to kind of align it with what is happening in terms of timing. If you get a break below during that timing window that I mentioned and that is obviously going to be the higher probability move in the event that things continue to set up. You know, slowly it inches up towards the February gap and then starts breaking down at the timing window that I told you about. That's how you utilize this. You know, these trade calls basically. Anyways, in terms of the 5 minute yet, we've also swept out the high. Guys, I'm going to keep this short and sweet today. Don't expect me to post anything on Twitter later. Like, at least in terms of trade calls. Also, I'm working on that free master class just teaching you you how to use the system as well. If you would like to be well, just get first dibs on it. It's completely free. Sign up to the newsletter the link to sign up will be sent to everyone on the newsletter. You guys are going to get first dibs. I'm going to go get some rest now. And yes, I am actually shivering even with a hoodie, but in Bali weather. See you guys next week. And good trading.