$BTC RIPPING. MARKET TALK. Crypto, EQUITIES, OIL. Trading Crew

uncommon. So I think for CRML, I would like to see as back above seven. If you start to trade back above seven, I think the chance of us going higher becomes greater. But what's very interesting is word of caution a little bit, right? So we've seen pumps across the board. The important part is continuation, right? We need to see continuation in this current pump that we're seeing in equities and not just sell off, right? Because then a lot of them, if we do sell off, a lot of them would just confirm a lower high on the longer term timeframe. And we don't want that, right? We want to see some strong continuation, some strong volume, some strong follow through in order for us to continue to the upside, right? In terms of other, other stocks that we're looking at hood, I mentioned in the chat earlier today that we need to see hood above 101. The first stuff for hood was 95. We got that. We got two close, two consecutive closes above 95. Above 95, we were looking at 100. We got two opens yesterday and then before above 100, but we sold off. We needed to see some strong closes above 100, above 100, 110, 110, 119 to 120, right? So these are the levels on hood that we have to pay attention to. 119 to 120 being a big one. It has rejected multiple times, right? So if we start to see closes above 110 and then 119 to 120, we see closes above 120, I think hood can give us a nice pump, right? 120 again, 119 to 120, big area. Let's see what the daily and the weekly closes today across the board. That would tell us more. The other thing that we mentioned last week is that we saw some inflow, some rotation into quantum. IONQ is up over 6% today. So definitely something to pay attention to. Bold was one that we mentioned in many months ago and we reiterated it, I believe last week. We got in before below $5 and it has doubled, right? It hit our target yesterday at $10. It was beautiful to see. Now I'm looking to see where the daily and the weekly closes today. We need a close above $8. If we close above $8 and we're able to hold above $8, I think we revisit that 10 or higher, but closes below $8. There's a chance it was revisiting that 630 area. And the last point on the equities before we take it over to crypto, we have... I just wanted to add, Nat on the bowl play, like that was an awesome call. We talked about it last, I think it was last week or two weeks ago where we said, watch for the rotation into digital assets. So anything that is a proxy to Bitcoin or the crypto industry or digital assets has had a really good week like bullish, bull, even microstrategy, hate and we're loving, but they have Gemini, El Toro. There's probably 10 or 15 that are directly correlated to just digital assets because they're platform plays. So you don't necessarily have to be in the crypto world to necessarily... You don't only have to be in the crypto world to benefit. So you look for these things that are tangential to that world and you play them also. Anyway, I just wanted to follow up there. Thank you Ryan. And also Blackberry is one that we've been mentioning. My concern with Blackberry and I covered this on the stream with Lady Trader two weeks ago, we did not want it to form the right shoulder. And it seems like we're forming the right shoulder. So now we have a potential pattern shoulder pattern on Blackberry. 790 has to hold, 790 does not hold. Then we're looking at 630 possibly even lower, right? 635 and then 5 in the 5 ranges, right? So we got to... Conspiracy theory on Blackberry. I just think that if you look at the O.I. there was a lot of puts, you know, kind of between 10 and 11 and 8. So I just think they're going to pin this thing to 8 so they can all get paid. And then it's 9. Once that pressure comes off, it may head back up. So you may see 790 today just so they can get the clothes below 8. Yeah. Do you know when they win a lot of these contracts? It's fire. Yeah. A bunch of expires today and a bunch expire at the end of the month. So you might have maybe one more month of downward pressure or maybe a one more week ish of downward pressure, but I think after that it will probably come off. Okay. Something to keep in mind, right? Which is in line with the levels that we were looking at. And then Zoom has earnings next week. This is one that we've been bullish on. It is forming a multi-year base similar to ring. Every time we see a multi-year base like this forming, there's usually some kind of catalyst, right? So we saw the catalyst with ring. It was earnings that completely beautiful, beautiful, round that we saw on ring and many others even with P as well, right? So we saw how these assets were basing out and then we have positive earnings completely helped the stock just go break out and give us a beautiful run, right? So Zoom is definitely one that's forming similar bases. We do want to see positive earnings. We want a bit in a raise in order for us to get that push that we need to the upside. But it's up over 107. I think if they beat and raise, I think we start to see a nice, nice movement to the upside. And I was talking to North Star and Goldstein about Zoom in the background and we all came to the similar consensus that if it does hold the structure and we do get what we need, we need, we get that volume that push that follow through that we need. Zoom can go on in insane, insane run. So something to keep an eye on. And then oil, we did get to that 86 level. Now it's all about weekly closes. I think oil is at a very interesting level. It continues to be at least for me on the weekly. I think if we close above 87, I'm looking at the potential, the possibility of us going to 90. What's very interesting is on the weekly, you can kind of put a little trend line. If you guys look at how the weekly is set up, you can put a trend line above the trend line. 88. We put us into the 1993. And I think above that, all sides are go for the potential of, you know, hitting the highs. Oh my god, we are so back. Which is brings me to Oxie. Oxie is one that we've been hedge with. It's so far has been given us a nice run. My my lips on that are up 40% beautiful to see across the board. Exciting times, nonetheless. I think we spoke about the insurance portion a lot yesterday. You can't go wrong buying a little insurance, especially when the market is running so hot. The best time to buy insurance is when you feel like you don't need it. So hedging with oil plays, hedging with the VIX, I think it's a great way to protect your portfolio. On the crypto side, BTC, beautiful move, beautiful move to the upside. The four hour is extremely overheated. The daily is coming up on some overbought levels. Interestingly enough, there is a big spot order at 80K. We kind of with close to it earlier today. We got to like 79 in change. Let's see if we make one. We're going to come back on the crypto side. We just got a bunch of money on the panel. So come back to me. I was going to say if you wanted to give a couple comments on Bitcoin though, happy to get that. Just for the full crypto side. I know you probably found some extra stuff. Maybe in the last couple days, let me circle back for a full take on the crypto. That's so cool. Absolutely. For BTC, there was a big spot order at 80K. We got close to it. Let's see if we can revisit that level. But I think overall liquidity is still the heaviest of the downside. So just be prepared for some kind of a downside. That was for the way. That big spot by an 80K. That was that was journey. He's got no money left. I thought that he was out of money for the not out of stock. No, he put in he put in a retard or that Canadian guy's like you forget that you can just get unlimited zero balance transfer loans. Like you just unlimited. They just give it to me. Is that was that Evan or was that crank that was selling us about that? It's unlimited. Just just keep just keep pounding it get a new credit card. Just run it back. It actually works. I have zero balance transfer loans at 20K each that I just keep cycling. It's pretty far. I don't know why they keep giving it to me because sometimes I won't pay it. They don't know about your extra count. That's why. I don't know. What do you mean you don't pay it? Like if you sometimes sometimes I said sometimes I'll miss a payment because it's too much. If you don't pay it back by the time I don't know how credit cards work in the northern land but like if they if you don't pay the app the app total balance off by the time the expiration date. Yes, they get charge interest. They back charge all of it. No, no, that's not how that works. Yes, well, zero, but zero loan balance transfer is here. It's like you have one year to pay it all off. If you don't you start making minimum payments and then they put interest on it. That's pretty much it. Well, I might have to go up there and get a credit card. Now I'm just kidding. You might have to come here and get a Canadian citizenship. I'll adopt you Ryan. Oh, I won't give you such a hard time like you give me. I'll adopt you in a heartbeat. God damn show. He always goes off the rails when he starts when he jumps up. I'm gonna I'm gonna make him wait in the audience a little bit longer from now and sorry guys, no I'm just kidding. I did want to just comment on the equity side. I know you wanted to jump to crypto, but on the equity side, I don't know if everybody's noticing, but you're seeing a rotation into kind of the last mile or the front end front end solutions. So if you go look at 10 to say I you go look at RX RX you go look at UI path, which Nat and I have been talking about for and Nat's been talking about forever since nine since nine. Yeah, yeah. Like these these are all the things on the that that ultimately will be used in IRL. You know, and basically it's it's it's not power. It's not the data centers. It's not the compute. It's actually using it on the front end, right? It's also the reason why things like service now software has been running. You know, CRM Salesforce, Sienna, these are all front end things and that's what you're seeing people front running what what next year cycle is going to be. So I just highly encourage everybody to keep an eye on anything that is on the front end that can be used in in real life. Yeah, that's actually a great take. I didn't hurt out a little bit on the crypto side. So okay, feel free to come back to me whenever you're ready for me to dive in a little bit more. Yeah, I mean to jump over you. I just want to add it all. Good Ryan. You did great. Thank you so much. You added so much value. Thank you. Yo, crank. It's going on, brother. Yo, what's happening? Morning. What's happening? Morning. Yeah, man, I've been, you know, the price action's been killer. The scouts have been great. I need some poppy, man. I've been senior round stripper this morning. I've round tripped two different positions. I don't know what I'm thinking. Do I need to get my act together? I think my expectations, you know, after all of these scouts the last few days, I need to get back to locking it in. So just fear scalping this market locking in. Yeah, took my first attempt last night. I took a large position on on short and Bitcoin. I'm not fucking smoke, man. I'm going to catch it. I'm going to catch a piece of this thing. But I, you know, luckily I got stopped out pretty quick. Shorted that thing. Like I think it was like 65. What was the wick, dude? Hold on, I could tell you before we went crazy, I have it right here. Or 75 or stops were right above, man, right? It's 76. And this thing just last night in the Asia session just went ballistic. I was watching it. I'm going, dude, there's just the way the sea is just, all the way up to 80 G's. Super cold to see, man. Next big target for Bitcoin. I have the the macro. Hold on, hold on, hold on, hold on, pull this fib up real quick. Next big targets for Bitcoin are 82 eight to 84,000 dollars. I mean, I guess if people like me are going to be a re-target trying to short this thing, man, with some size, they're just going to keep squeezing the way it bits was talking to you. And they're squeezing it all right, boy. I mean, they're, it's wild. The fact though that we came up almost 30% so fast, I just with such low volatility, I think that we're definitely going to have to retest some of these lower 70s for sure, man. Like, just, and if we don't, I'm going to be even more floors to be honest with you. So, the easier place to trade crypto right now for me has been, my radical scout method, which is trading the altcoins to the Bitcoin. Pretty easy to see. XRP's had some phenomenal moves, great volume. The scalps have been almost all of my scalps have been on XRP. The SpaceX call right at that 130 was phenomenal as well. Shorts on Sandisk, every, you know, Sandisk has just been every little pop man there, disjording this thing. So those plays are there. Outside of that, man, I haven't, I haven't traded anything else. I do want to, I really do, man, want to try to catch this Bitcoin short, man, even just a thousand to two thousand dollars. This thing hasn't pulled back once. And I'm going to catch that short. I know I'm going to catch that short proper risk management as the key. I know a lot of people were beating me up about trying to short this thing, dude, but you guys know me and you've seen my, my streams, I get stopped out almost instantly, dude. Like, I get stopped out right away. So I don't take a blood bath on these runners, especially in a market that's so euphoric right now, man, throwing massive legs.