The Fed Is About To Crash The Crypto Markets, Better Be Careful | Market Scan + Crypto Q&A | Bitcoin

This content was created by The Art Of Crypto. This content was uploaded by The Art Of Crypto. This is a YouTube livestream titled "The Fed Is About To Crash The Crypto Markets, Better Be Careful | Market Scan + Crypto Q&A | Bitcoin" (published 2022-03-14). It is a market-scan / crypto Q&A style stream hosted by The Art Of Crypto in which he walks viewers through Bitcoin technicals (Friday highs/lows, weekend liquidity, False Move Mondays), fundamental catalysts (upcoming FOMC rate decision), trade setups and entry/stop/target ideas, and analysis of many altcoins (examples: AR, BNX, MATIC, Luna, FTM, AVAX, CAKE, Gala, DeFiPerp). The host also answers viewer requests, discusses order blocks/liquidity concepts, gives risk-management guidance, and promotes his Twitter and private Discord. The audience interacts in chat but the excerpt is dominated by the host's commentary.
Chapters
Hello. What's up, everybody? Testing, testing, 1, 2, 3. Let me know if you can hear me. What's up, everybody? Let me know if you can hear me. Right. Seems like everybody can hear me, so Today we are just going to talk about, you know, Bitcoin. There's a couple of pieces of news that I would like to discuss as well, and I just want to, you know, give you guys a solid understanding of what to expect heading into the week because this week is very interesting for Bitcoin as well as the crypto markets as well as just the markets in general. So yeah, if you want to figure all of this out, you know, stick around. Before we start though, everybody say hi. Just type in the comment section. What's up, everybody? So a couple things to understand with Bitcoin. So I'll talk about, I'll talk about the technical section first, and then we'll get into the fundamental, you know, the news and all that stuff. So a couple things to understand from a technical perspective. The high Friday was over here at 40,200, right? 40,200. And the low of Friday came in at about 38,200, right, give or take. So this is important because every week, in order to identify what is the true direction of Bitcoin heading into Monday, which today is Monday, heading into the New York session, which starts in about 4 hours, give or take, is to understand first how the Friday— like, where are the Friday's highs and lows? Because when one of them is taken out before the New York session, that is how you know that that is the fake move. Remember, if you followed me on my Twitter, you would understand that I talk a lot about False Move Mondays, right? I'm not going to pull that tweet out, but false move— the first move of Monday, or even just during the weekends, is usually the false move. And that is why on Twitter, if you haven't already followed me, seriously do it because I think I taught you guys not to trade during this weekend, and there, there you go. Wait, no, not that one. That one, right? Weekend algorithms are designed to keep the price within a set range on the weekends. That is why I taught you guys not to trade. Check it out, right? During the entire weekend, Saturday, Sunday, right? You were hovering between a range of pretty much 38,700 to— wait, no, you're hovering between a range of 39,300 And 38,900. That is like a 1% range. Imagine if you were trying to make something out of nothing. This is why I tell all of you guys, like, if this is your first time in the stream or if this is your first time watching me, you know that— like, you might not know this, but the regular viewers, right, they know. So Saturdays and Sundays, right, most people's conception is that, hey, you know, I work a 9 to 5, so I'm busy during the week. So Saturdays and Sundays, hey look, I have time to trade, so I should trade on Saturdays and Sundays. That is like the most surefire way for yourself to get wrecked. Like, there is just no volume in the weekends, right? And they're designed to keep you in a range. Nothing happens during the weekends. So instead of trading on the weekends, right, go learn, go, go reflect on your previous trades. What could you have done better? Why were you losing? Why were you winning? Understand it, right? Go do some backtesting. Go learn a new trading strategy. Go learn a new. Go learn about the psychology of trading. You know, whatever. Improve yourself. Reflect and plan your next move. Saturdays and Sundays are not for trading, okay? Trading days are Mondays to Fridays. Don't bother with the weekends, right? You will save so much headache and so much money. Just as long as you don't trade on. The weekends. Yeah. Yeah. So check it out. You know, people are saying, yeah, it's crazy to see how these algorithms work during the weekends, right? This this right here—that's the algo. That's the algorithm. It happens all the time, all the time, every week. Go take a look at every weekend in history. Not much volume. Almost nothing happens. So seriously, there's one piece of like this piece of advice. It's probably going to save you so much money you won't even believe it. So if you appreciate that bit of advice, you know, make sure you like the stream and, you know, let's get started. So Friday's high, Friday's low. When Friday's low is taken out, right, then you know that the true direction is going to be the other way. Because for people who watch this channel, you understand that the market moves on liquidity. Imagine that all of retail is— maybe they just built positions, right, during the weekends. Maybe they go long here and they go short there, for example. That's the weekend range right there. So heading out of the weekend range, you understand that there is liquidity below and above both of these levels, because if you're placing a short, your stop loss is going to be somewhere around this, like this area. If you go long, stop loss is— chances are It's probably going to be below this low right here. And why do I think so? And why do I know so? It's because this is a swing low, right? As traders, we are taught to place our stop losses below lows. So that's a low, that's a low. So you have 4 lows worth of liquidity to get taken out. Even there, that's low. So notice how the price breaks below every single one of these lows before reversing. Right, just liquidity. The sooner you learn this, like, trading becomes pretty easy, right? At least you know, like, even if it doesn't become easy, at least you know what you're looking at. At least you understand what's happening and you don't get caught off guard. Yeah, so Friday's low has been taken out, right? So where is the next point of liquidity? Obviously it's up here, right? So that's a high, that's a high, that's a high, that's another high. And that is a, you know, zone of supply. People like to call this a zone of supply. I would just call this a bearish order block, but either way, the concept is similar. This is going to be a point where price— if price goes back to $41,600-ish, it's probably going to get rejected, right? At least for the immediate short term. Even if it's not like a really hard rejection, immediate short term, I think it's going to happen. And it's not even that I think it's going to happen, it's more like it It will happen. So I'm gonna get into another reason why I think that the rejection this week might be stronger than compared to many other weeks. But for now, that is technically what you need to know from the technical perspective. So let's talk about the fundamental perspective, which is the fact that the Federal Reserve is expected to hike the interest rates. This week, in fact, this Wednesday or Thursday, give or take. So there's an FOMC meeting this week, and very likely, very likely, they are probably going to announce the rate hikes this week from 0% up to 0.25%, if I am not mistaken. So this is obviously going to be bad for crypto, as many people would think, right? As long as you have common sense, you would agree because if federal you know interest rate hikes are never good for the general markets, right? Not just the traditional markets, but for crypto and most other equities, right? So in this case, you're going to want to watch for a midweek rejection or a midweek reversal that's going to be pretty strong, assuming that that is when the news comes out. But before that happens, I do think that we're still going up. We're going to take out Friday's high before anything else happens. So yeah, during this New York session, I believe that we're probably going to go target 40,000. But there is a couple of caveats that I want to talk about. Assuming that this is the 1-hour swing high right here, so in about 45 minutes we will know if this is the swing high. Currently we don't know that. So the reason why I want to know if there if that is the swing high or not is because I wanna— I want to get an idea of where to place an order for a long in case we get a short-term immediate rejection prior to the New York open, which could, could happen, right? New York open is in about 4 hours. And so if in the next few hours this is the swing high, right, I draw a fib from that swing low to that swing high, assuming this is the swing high, when you come back down to the 0.618 Fib, that's where I want to look for an entry, ideally the 0.705. So that's about $38,200 to $38,100. So that's going to be a point of interest to go for a long. Of course, we might not get that, so we might have to just go long literally like pretty much at market. So during the course of the stream, we will try to figure that one out. So that is one piece of news. You know, the other one is, well, Bitcoin is, you know, Europe is looking to ban Bitcoin. But honestly, that's not really interesting news to talk about. But yeah, because of this piece of news right here, right, the federal rate hikes, Expect some form of a really strong midweek reversal. So for those of you who follow me, you already know what this is. So I'm definitely going to be hopping onto stream on Wednesday again to talk about what to expect. But probably the news is going to cause some kind of rejection, and you know it's not really even the news that causes the rejection, but. It's just investor sentiment, you know, towards news. When you hear about a rate hike, then yeah, it's never good. So currently, the conclusion would be I'm looking for an entry somewhere at about 38,200. That's going to be an ideal location. Granted, we might not get there prior to the New York open, so maybe you could look at 38,600, right, for an entry on a long, because we understand that since the lows have been taken out The next point of liquidity is up here, so I'm expecting you know some kind of upwards move to take out liquidity before some kind of a mid-rate rejection. Now the targets, and that that that's just in the immediate short term, right? And if you look at the big picture, like we're still on track. Nothing's changed. And remember, the moment you zoom out is when it becomes clear that there is no reason to panic. We're just at. Very close to the macro range low. One two three one two one two three two three. And you know, at this point, I'm just repeating it many many times now. So remember to watch the previous live streams if you haven't already. So four hourly, we jump onto the four hourly to determine like what are the key levels that we should be shooting for in the event that we do get you know a massive pump beyond just the Friday's high. And, you know, we'll be looking at potentially— remember when I talk about the level 1, 2, 3 formation? You know, you could argue that this could be the level 1. So maybe level 2, we have to figure out, you know, if it's going to happen at $40K or if it's going to happen at about $42K. So zooming out allows us to understand what are the higher time frame levels that we're looking at. So in this case, it's going to be at about 42,600, which is last week's high. So if, if, if we get a very confident move to break 40,200, 40,300, and it just keeps continuing to go up, then here's what you need to expect. That's a zone of supply, or like a bearish order block. If you get a confident move above this, you're going to get a short-term rejection of a day. So do I recommend you short this? You could if you wanted to, but I don't recommend setting a limit on that spot right there. What I want you to do instead is I want you to go on to the lower time frame. Once the price gets here, go on to a lower time frame like the 2-minute or the 5-minute or even the 1-minute and look for some kind of a break of structure towards the downside. That's when you enter. So that's immediate rejection. And then in the event that this week the market makers really want to push things up, then expect $42,750, like $42,800 give or take, to be the key level for a potential level 3 formation, right? And then midweek reversal, you know, you just come back down. Yeah, but of course this is all just speculation at this point, but I'm just painting a picture of What you guys should expect, right? Of course, the exact levels I don't know, and we will know as the week develops. So anyways, I'm just going to run through a, you know, a couple of— just going to run through a couple of trades that we opened Last, last week that were very good. I don't know if you— if you guys took any trades that I called last week on live and you make money, you know, let me know in the comment section below. Anyways, now that my section is over, comment down any comment. Like I'll go through. Some trades that I opened last week, but to the rest of you guys, right? If you have a coin that you think is going to do good, comment them down in the comment section below. I'm going to run through those coins and see if any of them are worth you know really taking a position today. So don't show me a shit coin. Show me like a proper coin that you think is going to perform well. We'll take a look together. Of course, I'm not going to be able to run through all of them. But I will try my best. Anyways, HTR. I don't believe I— I don't believe I caught this on live, but HTR is interesting because check out, like, check, check out the setup. Either way, I'll be looking for some kind of entry for sure on HTR, but this one's interesting. It's very beautiful. Just look at this one. Absolutely beautiful. So I've set an alert, so we'll see if we can get in on another entry. I caught this in the, uh, private group, for those of you who remember. I think we were up about 10 to 15— 10, 10%, 12, 13% at some point. But yeah, this is the importance of taking your profit. Before the market makers take it from you. Anyways, somebody mentioned to take a look at Atom. Atom's interesting because he— again, before I get into what I think of Atom, right, this is just another example of liquidity at play. Check out the low there. Notice how you break below that low just a tiny bit. Bam. For those of you who watch my channel, you already know what to expect when you approach lows. For those of you who want an in-depth understanding of why this is the case, why does price reverse when it gets down there? Check out a live stream I did last Friday. I believe I think I talk about that a lot on either Fridays or Wednesdays stream. One of them. But anyways, yeah, so Atom, you're gonna really want to be interested in Atom, like give or take, at about $25.6, like $25 point— yeah, $25.5, give or take. That is not only— is that a daily, you know, order block, but it's a 4-hourly order block as well that has not been filled yet. And if you just happen to draw fib From that swing high to that swing low, you can see that 25.5 adds up with the 0.705 on the fib, which is which is sort of known as like the ideal entry, at least from the inner circle traders' perspective. And I would like to believe his words. So that's a point that I'm going to be very interested in atom. So I'm going to set an alert. But currently no call yet. Currently no call yet. But yeah, as you mentioned, it does look good, right? You go back onto the daily, it's as beautiful a range that you can get, right? You have very clearly defined range highs over there, you've very clearly defined range lows over here, and basically, you know, don't overcomplicate it. And just so happens that you're retracing back into an area of value where you can go for a long, assuming that the daily bias today is going to be to the upside. Then this is going to be brilliant. So I'm going to talk about another coin where I think I have an alert that rang today. It's WRX. So WRX-wise, that was a trade that I was interested in, but let's take a look if it's still looking good. So it might not be looking as good as last time, but in the event that you do get a purge below both of these lows right here— let me just zoom in so that you guys can see it clearly— in the event that you get a purge below these 2 lows here, that's going to be a very good opportunity to go, you know, just go for a long, right? Once you take out those lows, it's probably going to reverse like 5-10%. I'm not sure if it's going to be as good as last time when I first looked at it because we traded this breakout right here. No, we didn't trade this breakout. We were trying to go for the retest of this trend line, but yeah, as you can see, right, it's not exactly working out the best. So it definitely doesn't look as good as last time, but in the event that you get a purge of those lows, that's still going to be a good entry. So I'm just going to set an alert, right, for a quick— just for a quick pump. So a lot of people are talking about FTM and Luna. Like, this is a recurring thing in every single stream. Why are you guys so interested in FTM and Luna? Rune is killing it. Yeah, man. Yeah, we— I mean, I don't know about you guys, but I got in back in like 4.6 right there. So man, it is good to see Rune is carrying the portfolio, that's for sure. And you know, for the record, I've been talking about DeFi Perp for a bit. Let's go back to take a look at DeFi Perp, right? You're not too late yet. Here's what I mean. So take a look, right? You have sort of a range high. That's your range low right there, this bottom blue box. That's your range low. So you're still within this zone. You're not too late. Of course, I don't need to talk about the trendline, but this is absolutely beautiful. DeFi is a ticking time bomb, my friends. You do not want to sleep on DeFi, especially once it breaks out of this one. If there's one thing you take away from the stream, right, pay attention to DeFi, right? It's about to blow. You sold all your Luna? Congratulations! I was telling you guys about the fact that 105 or like 101 was going to be really strong resistance. In fact, I'll give you an update. I'll give you a quick update on Luna. Check it out, right? I mentioned this in the private Discord that there was a lot— actually, I think I mentioned this on live, literally on live, that there was a lot of support at 85, right? So if you got back to 86, Right, that's a good entry. I don't know how many of you guys remember that. It was a very small segment, but I did say that there was a lot of support right down here. If you guys got in, that's— you're up like almost 10%, like 10%. Yeah, exactly 10%. The next point of resistance currently, if you just take a look at a big block of liquidity It's going to be at about $100. That's the big point of resistance, right? Notice how there's like just a big block here. But you could argue that $98 might provide some support resistance as well. So currently, you know, this is what you need to know about Luna. Yeah, yeah, yeah. So people are confirming this. I did mention that there was a support wall at $85. So brilliant. It's the power of a heatmap, boys. It— like, of course, always start your analysis of the, you know, the normal charts, but if you just need to, you know, confirm things and really understand what is behind the scenes of what's going on in the markets, right, Luna's the place. I mean, heatmap's the place to be. Somebody talked about BNX. Oh yeah, BNX is actually looking good. Wow. Okay, so that's a, that's a textbook cup and handle right there. Wow. Okay, thank you. Thank you for talking about BNX because literally everyone just says FTM and Luna. Like, I don't get it, man. Why are you guys so interested in FTM and Luna? Anyways, textbook cup and handle. If you break out of this, probably over there. Yeah, it lines up with the chart as well. So that's gonna be your TP, right about that line right there. And just so happens that if I draw a fib from— I mean, if I draw a line from the bottom Measured move would say at about 66, but I'm definitely taking my first take there. So pay attention to BNX once it breaks above. Yeah, actually, this is a good coin. Cheers to cheers to cheers to Joy Matar. That is a you know yourself, my friend. Anyways, ideal entry would be a break below. Let's go into the four hourly to zoom in. On a potential entry, but the ideal entry is going to be notice how you have one two three relatively equal lows around this zone. So ideally, ideally, you're going to want to enter on a break of those lows with a stop loss. I don't know five percent. Right? You set some arbitrary number, or you can set it below this low if you want to. Below the swing low. Do I recommend it? It's a ten percent stop loss. So that's up to you. And the target is going to be at 58. I think this one's definitely going to hit, so I'm going to set a couple of alerts to take advantage of this. Either that, either that, or when you break out of this level at $44, that's going to be a second entry where once it breaks out, you know, maybe buy the retest or something, right? Something like that. Of course, it's not going to look so beautiful, but Most of the time it does come back down for a retest, so that's that's going to be like your entry number two. Or just buy along with a breakout. You know, if you get a confident move upwards, that's going to be entry, and the target is going to be fifty eight fifty eight dollars, give or take. Ideally, ideally, you want this entry. If you cannot get that entry, then get the breakout. So yeah, mark this one down. Right, BNX looks amazing. Cheers to, cheers to Joy Matar for pointing this out. Much love. Do I have any insight on AR? I've noticed a lot of people talking about this one lately. Can I ask, why are so many people interested in this one? Because it doesn't look awfully, you know, interesting to me. Um, is there a fundamental reason why you guys are so interested in this one? Anyways, it could be interesting, right? It could be interesting. You just filled in a daily order block and you bounced from there. So do I see an entry currently? I could, you know, I could. So, you know, honestly, this actually looks interesting for a market long. I mean, not like a market long, but like, you know, assuming that New York is going to bring us higher, then This actually looks very interesting for some kind of an entry. So give or take those 2 TPs, I'm gonna put this on radar for now. I'm gonna put this on radar for now. Ideally you want to retrace though, ideally back to this zone. Yeah, so ideal entry is going to be there. Two targets. Set your stop below. You can either set it below these equal lows, or you can set it below this point of control. Right? Either works. Personally, I'm just going to set it below the lows because you know if it doesn't work out, you know it doesn't work out. That's where risk management comes into play. But either way, you know I'm going to be looking for longs today. At least for today. Just heading into the New York session, I think it's going to be up. That's the reasoning why I'm looking for longs and not shorts. By the way, to all of you guys that are new in the stream, that you just joined the stream recently, make sure you are commenting down any coins that you think are looking good and that you want me to take a look at. Anyways, I'm gonna set this, um, I'm gonna set this one on alert and hopefully we get a retrace to give us the perfect entry. But if not, you know, we just forget about it because there's so many other coins that we can take a look at. Take a peek at AVAX. Sure, AVAX, Luna, FTM— those are the big 3 that everybody talks about. Does not strike me as immediately interesting yet. If anything, I would look for a short here. Like right where it's at right now. Yeah, let's just see if heatmap confirms anything. But yeah, it does not look particularly interesting for long, that's for sure. So yeah, we're, we're not really getting up against a sell wall, that's for sure. But VPVR-wise, yeah, it's a lot of volume traded in this area, so expect it to be strong resistance. But yeah, you know, this one, like, compared Comparatively speaking to the other coins, might not be the best, but it could be better in the upcoming days. But for now, just for now, it's not really particularly interesting. I'm gonna set an alert though, lower. I think once it breaks below 64-ish. So notice how— well, like During this move right here, again, this is an example of liquidity taking place, right? You see this low, this move just takes it out just barely, right? So currently you have this low, right? Sorry, this low and those lows over there. So that's going to give you an assumption that AVAX might target the area of 61. So let's confirm if this is indeed the case. So check it out, right at 61 You have a buy wall right there. And notice I'm not going full resolution here, right? I'm going very low resolution to pick up only the key levels. So the key levels, right, when I go really low resolution, check it out, it's at about 61. So this confirms it that if AVAX goes back to 61, you clear out the liquidity. It's going to be very interesting. But currently, currently I do think that other coins are more interesting than AVAX, that's for sure. This could change very quickly, but for now, just for now. So somebody asked me to take a look at CAKE, PancakeSwap. Wow, $5, man, what a fall from grace. Oh no, no, no, no, no. So CAKE, PancakeSwap, right now is in negative price discovery. This is not a time where you are interested in CAKE, not now. I mean, you could buy a bunch of CAKE and just go stake it. I think CAKE, um, last I checked, which was very long ago, I think CAKE had a ROI of about— a yield ROI of about, uh, 80-90%. Does anyone know how much cake ROI is right now? But yeah, last I checked— wow, okay, this thing is in negative price discovery. It's not pretty, that's for sure. Not pretty at all. So yeah, don't be interested in this until you get a break of structure on the daily chart to the upside and then into a retrace. That is the only point where you should be interested in something that is in negative price discovery. Yeah, and I taught you guys FTM is so oversold, why? Is it gonna keep dumping? Look, don't talk like— seriously, change your idea, change your perception, and change your understanding away from quote unquote oversold or overbought. There is no such thing as oversold and overbought. There is only liquidity. Once you understand the liquidity, then you know where FTM might be targeting. As of the moment, FTM has broken below this low. It is indicating that order flow is still bearish, that it wants to target something even lower. So where is the next obvious point of target? That's going to be right here and right here, right? Those 2 blue lines at about $1.94. So that's the 2 areas of interest. So until you take out those levels, expect order flow to be bearish. So understand liquidity. It's not about oversold or overbought. There's no such thing. Like, you have to think about this for a second. Indicators are programmed on price action. The market makers— like, indicators are programmed on price action, yeah? Which means that it is always going to be lagging behind price action. And also, if you think about it this way, You could also think, you could also agree that price action is the greatest indicator there is because all other indicators are based on price action. So yeah, understand price action, you will understand where the market is trying to go. Any chance I could have a look at Gala? Your Gala has actually been really interesting, as well as all the other NFT— as well as all the other NFT coins, because I recently saw them on KuCoin's top list, I believe, or something like ENJ, Gala, and the like. Does not appear particularly interesting on daily chart though. We will actually. Ooh, Gala is interesting because you have many equal lows over here. You have many equal lows, like right there. So I will set an alert once you take out those equal lows. That's a very good opportunity for a long. Although you have taken out. These lows, so that's why it's pumping right now. But yeah, ideally, ideally, I'd like an entry somewhere about there, right? Stop below. Yeah, I wouldn't even stop below like these lows because there's a chance that they might just get taken out. So I'm just going to set like a flat 3% stop loss targeting you know possibly there for now. You know for now, for now we're going to chill. But once an entry shows itself, make sure to post it on Twitter. So remember to follow me on Twitter at underscore the art of crypto if you don't want to miss out on any updates. Right, I'm sharing a lot of updates here. I don't think a lot of people understand this one. I posted this, but I don't. Yeah, I don't think a lot of people watch Kimetsu no Yaiba. Oh well, it's a pity. Like these streams that you have been doing. I am glad you do. I enjoy making them too. It really helps me get in touch with the markets. As well as you guys, for sure. So Harmony, Harmony 4-hour order block bounce, which one? Ah, that one. Oh yeah, okay. Yeah, yeah, in that case, yeah. Um, so Harmony. By the way, if you guys have watched until this point so far in the video, I just want you to comment down in the comment section MM, you know, just to be reminded that these markets are run by the market makers and just a daily little reminder. To remind you to start analyzing your charts from the perspective of the market makers and not from the perspective of oversold and overbought. Harmony is very interesting. I'm going to set an alert for now. If it looks better, I'm gonna get back to it. CRV. So I set an alert over there because I was expecting the low to get taken out. Turns out we have made equal lows, so it is definitely going to be taken out at this point. So ideally, ideally, I want an entry somewhere closer to there instead of anything above here, because I know that liquid— there is an abundance of liquidity there, and you always want to target the liquidity. So that's going to be my point of interest. Not yet, not right now yet, but I will be interested in it very soon, that's for sure. I have set an alert already, so Hey Alexander, I really appreciate that you are trying to give people a different perspective. Appreciate that. But if you continue to be toxic, I'm going to remove you. Yeah, like seriously, I appreciate your feedback and everything, and I know I'm not perfect. Truly, I appreciate it, but I appreciate it if you do not be toxic. Yeah, so somebody asked me to take a look at MATIC. Yeah, so this one's just a little— so it's just a little humble flex from back then. Uh, called this in the private Discord a couple weeks before this dump, and turns out we have sniped very close to the exact bottom. So it went 28-30% above entry at some point. But yeah, um, don't mean to— don't mean to talk about this, but it was on the chart, so might as well talk about it. And remember, if you guys are interested in the private Discord group, that's going to be down below where you'll be following along exactly the trades that I take. But yeah, MATIC. Yeah, let's take a look at MATIC. MATIC's interesting, um, more interesting than the other large-cap coins that we have looked at. I'd actually— I actually want to go— okay, so I'm adding MATIC to number 2, number 2, number 3, number 3 of, uh, good coins. That we have uncovered today. The first one was AR, the second one was BNX, so I'm gonna add MATIC to the third one. I think this one's looking good. Something that you can— you can, right? You can place a long right now and target just expecting like 10% over the course of the next few hours to the next 12 hours is something that could be feasible. Maybe not ten, but like six at least. So I like I like Matic out of the large cap coins. This one's looking better than most. So thank you to Jumpsteady for bringing this to my attention. It's looking good. Matic's looking good. Better than the other large caps. How much money invested would you consider a ledger essential? Honestly, that's up to you, right? Depends on how much money you're willing to lose, right? For example, $1,000 to someone might be a lot and could be their entire life savings. So for them, it will be smart to invest in a little bit. Of security so that you do not lose your life savings, for example. But to some people, $10,000, $20,000 is nothing, and if they lose that, it's nothing. So it depends on it depends on what you think is a large amount, large enough sum of money that if you lose it, you will be very depressed about it. So for some people, that could be ten grand, five grand. I would say, you know, just as a ballpark number, I'd say once you start getting into the realm of $5,000 and above in crypto assets, I really highly suggest you get a Ledger just to keep everything safe. Because honestly, right, if you already invested $5,000 in crypto, right, it's likely going to grow. So I mean, like, your amount of money, capital invested, is probably going to grow. So it's a really good idea to invest in— it's just 3% of your portfolio into securing it, you know. So yeah, I hope that helps. Anyways, just let me type a couple of things to the private group. Okay, so Matic, Matic AR, and what was that coin? BNX. Yeah, so somebody asked me to take a look at GTC. Man, this was— we actually tried to trade this one during this pump right here. We were so caught off guard, like it just hit all the TP targets in like the same day. It was ridiculous. But yeah, we exited way too early on this one, which is sad. I think I got out at like 11 or 12 or something. And it went all the way up to $24 and $30. Yeah, it happens. But hey, what can you do? You can't catch them all. Okay, so we are very close to all-time low at the moment. Okay, Alexander, if you're watching it, if you're watching this stream still, that's it, man. Like, that, that's the ban hammer right there, man. You're really pissing me off. Yeah, like, I appreciate— like, seriously, I'm not trying to avoid negative feedback. If anything, you know, Negative feedback is really important to anybody, right? It allows you to be better. It allows you to work on the things that other people think that are not good. But at some point when it gets toxic, yeah, nah. So seriously, man, just move on. You have nothing to gain from watching this stream. Yeah. Anyways, GTC. Yeah, I got distracted for a moment. Sorry, guys. GTC, I would not be particularly interested given how close to the all-time low it is. I mean, it's breaking out. I mean, fair enough, but I'll keep this on the shortlist, but not— I'll keep this on a shortlist. Probably others look better. Probably others look better. It looks decent, but others might look better. So maybe we'll move on from this one for now. And we'll take a look at the others. So somebody mentioned HNT. Hmm, HNT. Yeah, so right there, that, that, that's equal lows right there. So expect them to be taken out. No, okay, the equal lows have already been taken out from this wick. Again, just another piece of proof that The market runs on liquidity, right? Notice how you have 2 equal lows over there. You take out the equal lows, immediately reverse the market by 30%. That is how people get screwed if they don't understand just simple liquidity and market maker concepts here. So currently I do think that you will wick down here like just one more time. So instead of going long here, which Which you know, let's let's understand the macro picture first actually. So macro-wise, that's a very key block that HNT will find support at. So just to confirm this, I'm going to see if we can bring up a heat map of this. Yeah, okay. So there is indeed a heat map. So let's hop on over to let's hop on over to the daily actually and. Let's see if we can pull up any data. Oh no, it's either that I'm lagging or there's no HNT. Ah, okay, I think this is all the historical data we got. But look, yeah, okay, um, yeah, okay, this is tough. I can't, I can't pull up any data, but just understand that This block right here is really key for HNT to hold if it wants to see higher prices, because if you break below this low right here, that's a very key low on the daily chart. You break below that, you're very likely going to go below to test like this level or something like these levels right here. So you want to see HNT hold this block, and in the event that happens, so I'm going to set a stop maybe 10%. So you're going to want to clear these lows first, and then you target, you know, something like that, for example. But I do think, just looking from the daily chart, that you're going to clear this low first before you see higher prices, especially considering the fact that you just formed equal swing lows over here on the 4-hourly. Currently, this is just a short little, you know, relief bounce because you just cleared out the liquidity at these lows right here. So This is what this pump is about. But on a higher time frame, I do believe that it will target this low before it goes higher. So for now, this is the idea, and I'm going to set an alert so that I am notified of when this happens. So currently, the confirmed you know good coins to go for is going to be Matic. Ignore the haters. Thanks for the educational input you always give. I am very— I'm very like— you're very welcome. I'm glad that you guys find the education helpful. If you do find the education helpful and you find this stream helpful, right, drop a like on this stream or this video depending on when you're watching. It really helps out a lot. I'm just going to have a quick look at BTC dominance and a few other macro charts just to understand where we stand. Beautiful rejection at 44.3. I mentioned that as a key level in the private Discord group to get rejected by. So if you guys bought your altcoins timing it with Bitcoin dominance at 44.3, brilliant. So altcoins are currently at support against Bitcoin at the moment. Are we going to hold this support? It depends. Currently Bitcoin dominance is looking really bullish though. Like, that's a rounded bottom if I've ever seen one. And currently you are forming some kind of a cup and handle as well. So looking really bullish. It's not a good sign for altcoins heading into the next couple months, but Maybe not just a couple of months, probably the next 3 to 6 months. It's probably going to continue to be a Bitcoin season before an altcoin season really starts. The key levels that you're gonna really want to watch for over a 6-month timeframe is gonna be $47.7 to about $49, give or take. I'll talk about this more on another livestream, right after I've done like a thorough analysis of Bitcoin dominance and what I think is gonna happen, how this is going to affect Bitcoin and altcoins heading into In the next 6 months. I will talk about it then. So maybe let's not rush things, man. Yeah, this is looking really bullish, man. DXY, DeFiPerp looking absolutely bullish. Uh, maybe on Wednesday's livestream— I don't think I'm going to be livestreaming tomorrow, but if I do, if I do hop onto a livestream on Wednesday, we're going to talk about DeFiPerp. Either that or I'm going to look into DeFi Perp and what DeFi coins are looking extremely good, and I will post them on Twitter. So if you haven't already followed me on Twitter at _TheArtOfCrypto, you're going to want to do so. If you want to follow along with all of my trades, make sure you check out the private Discord group. Link is in the description box below. For now, I will have to actually get going. So I hope this livestream has been of help for many of you. Currently, the top 3 coins are going to be AR, BNX and MATIC. And don't worry, I will continue to be doing these streams. So just like, just like this video, share this with other people if you want to see more of this. And as always, I truly, truly appreciate all of you guys jumping on live to hear somebody on the internet just talk about stuff. So I'm always humbled by this. Thank you so much. Fernando, you know, made again to be with you, my friend. Trade safe, and hopefully






