MARKET TALK -DAILY TRADING CREW // Tokenization & RWAs (2 diff shows)

panels. Um, it's honestly great. It's crazy. There was like a year or two ago where we were like, man, can't find enough traders. Like, is anyone even trading these markets? And now, uh, did now everyone's jumping in. Everyone wants to talk about the markets. Everybody seems like their trade journey is trading nowadays. It's 40 x leveraging stuff these days. I'm like, man, which I think we've taken over the timeline. I mean, I don't know if there's any maxi's left. There's still plenty of maxi's man. Yeah. Shout out shout out to Ted. Actually, we were on, uh, we were on a, uh, I don't want to call it a maxi space. But it was, uh, you know, it was, it was a crank space. So it was like traders, maxis, a little bit of macro, a little bit all that. But yeah, Ted was up with, uh, with dark side and, um, kind of a walled space was talking what the collapse would look like if it ever happens and what a bank run and they run a big coin could potentially look like. And then, um, it was, it was, uh, it was, it was fun. It was kind of all over the place, but it was, uh, it was a fun space. Um, dude, yeah, markets are still red, man. Stable coin dominance is still pushing to the top side here. So until that, uh, I mean, it's looking like until that really cools off. And it's had a couple times where it's looked really wicky and it's, it's given what it looked like was going to be a reversal candle. And it just, it just keeps melting. So right now it's bumping up against the, and again, I'm on the combination chart for stablecoin. So I'm on USD, uh, C plus USDT. Um, it's hitting that 800 EMA on the one hour. So it's on the one-hour chart. It's, it's just slamming right now. The 800 EMA. It's hit it a couple times. Um, but on the, if we go to the four hour, you still have a little bit of room. It's actually pushing right now. You got a little bit of room, uh, for a 200 EMA, a few percent above here. Boom, point two-ish. Let's see if BTC, yeah, BTC's melting still. Yeah, everything's rolling over. Ethereum's rolling over right now. Salana's coming down with some speed right now. Hyperlick, what is about to take the lows of last week at about 84 and a half? And let me, let me check on Z cash because I want to say Z cash is probably, yeah, Z cash is melting right now. So what, I mean, what do you know? You know, Z cash was up near 1600. We're getting pretty close to that $1,000 level. Um, that a lot of people said it was not going to come to because it was, it was going to 2000 and it was going to 3000 and something else. But we're coming up to that 1k level, which is like the first big TP on that Z cash short for me. And, um, I still think we get a shot at that $7,700 area for Z cash. It's probably looking a lot more possible now for people that thought we were crazy when we called it on a live wolf stream, by the way, because we did record that and there's a clip of that of why we were shorting Z cash and what the signs were and kind of walking through like the three impulses that that were given, some of the divergences, a bunch of the stuff we kind of outlined it pretty well on a on a wolf live stream. So that's been a beautiful play. And then we did take that oil crude oil long around around 90 bucks. There was some fills a little bit below 90, but around 90 dollars. And that's looking pretty good. I think crude is probably going to continue pushing up here. Let's see if we can get the rest of that move. Again, I think if crude really gets going, especially if it gets above, you know, above 98, 99 once again, it's going to try and make a run for that 106 high that was put in a few weeks ago. Almost a month ago now actually getting close about a month ago. But I think crude's got room to the upside. I think crude oil has a lot of room to the upside. So we'll see how that ends up running. But yeah, the story today, though, is just that stable coin, stable coin dominance is just absolutely ripping to the upside. It still has, you know, if you go to the daily chart, it still has quite a bit of room before it runs into some of those big EMAs. It could again, it could be that Bitcoin's going to try and make a move man towards that 75K, and probably a little bit below that because if stable coin dominance goes to these levels that I'm seeing here from about mid September, that is probably going to look like Bitcoin heading down towards that 74 75K. And then if you run that, right, I mean, there's a potential that we get a little bit of an extension that dips below that. Maybe you see 70 maybe even high 60s. But I'm going to be paying a lot of attention around that 74 75K area for BTC. If again, if we can't produce a balance today somewhere here above probably around above the 80K area, you really don't want to see it come much below that. I was looking to see if we're going to hold a balance of previous weeks low. And that doesn't look right now currently like that's going to hold. If it does then cool, but right now it's looking if he definitely looking a little bit sus here. So we'll see how that ends up playing out man. But yeah, that stable coin dominance is screaming to the upside right now. It is absolutely on a tear. Couragement mentions that the coin that was in literally bad price. Bad price is like like he summoned. He appears. I'm curious. But I'm curious to wait because somehow I'm fluff locked into the space because he heard it. I think for every time someone then just crude does that. So Moji's fire up. I'm like, oh she's ready to she's ready for crude. I think it's beautiful how we come up to the same conclusion in different ways. I think for me that it's beautiful. If we look at oil and I even made a pose about it a few days ago, right? For me oil is if we start to reclaim 100 again for like the fourth time this year. I think it opens up everything to like much higher. Especially if we start to see closes above that 106, 107 area. I think crude is it's going to go. So 100% agree with bits. And the other thing for BTC and we spoke about this last night on on ATC exactly what bits mentioned right from me. The line in the sand is 74. We started to lose 74. I think 71K is going to come out as quickly and before you know where we're in high 60s right. So I love how we how we both have similar levels. We just come at it from a different way but there's a lot of confluence across the board between what we're looking at. I don't want to jump the gun. Okay. So I guess I'll just wait for my turn to go on. Yeah. So we were able to take advantage of oil. We got in slightly above 89. So we're up beautifully on that. Again, it's going to be very interesting to see how that plays out. Natural gas. I see bad price. Bad price. We spoke about natural gas yesterday with North Star as well right. Looks very, very interesting. $3.40 is a big area. Let's see if we can get to it. So imagine oil above 100 and natural gas above 340. I think it's going to be a very interesting scenario. BTC discovered it right. I'm watching it closely. We did break down 82.8 which was a big area for me. 82.5 were below all of that. So it's going to be very interesting to see how it plays out. But one thing I do want to mention is these closes matter on these unlike the daily candles, the weekly candles. I could receive how BTC can like wake, give us like wicks to the downside of wick to the upside. But where the body closes definitely does matter. So I'll be watching the daily close for tonight. In terms of Z-Cas, same thing. 800. I've mentioned this a few times already. I would love for us to get to 800 on Z-Cas. I'll be very interested in going long. Does it mean it can't go a little bit lower? But for me, what I see in the chart is a lot of liquidity at that 800 area. So if we get to that sweep that end bounce or confirm for higher, I think Z-Cas gives us another beautiful, beautiful leg to the upside. It's same with like corn. Same with like what I think like corn goes on a run. It might take some a little bit of time to kind of get there. But I think longer term can go wrong with like corn in my opinion. That's one I'm big on on the spot side. So let's let's see how that plays out. In terms of equities, oxy because it is bulls, again oil and natural gas that has been given us a beautiful, beautiful pump. We got slightly above 60 and rejected. So now I'm looking to see where we close. I would like to see a close above that 60 area. Oxy seems to struggle with that 60-61. So we're able to see the weekly close above that. I think that would signal a higher move on oxy. So that's two areas I'm keeping my eye on. That's 60-61 area. Since it seems to struggle with it every time it gets there. The other one is the ST Vistra is the one that we've spoken about a few times now. It did try to break above 168 but we got rejected. So I'm looking to see we can reclaim 168 and then give us a nice bounce at 170. I would like to see 160 hold. I think if 160 does hold because that was a if you guys look at the chart, that was a big area that it that it kept rejecting off of. And we were finally able to reclaim that. So at 160 if we can get 160 to hold on a weekly basis and then start to see closest above that 168 170. I think it opens the door to higher. And then also one last thing I want to mention here, because I know we have a few people that coming in. CRML is one that we've spoken about a very long time. They have a vote on a merger or a buyout on October 22nd. I believe I mentioned that before. So I'm curious to see what happens. Because if they vote yes to the takeover, they have to issue new shares. One of their agreements is going to issue is they have to issue new shares. So if the issue new shares means dilution. But the markets are far really looking. So a lot of it is price thin. So it's going to be very interesting to see how that plays out. But besides that, Cade, not really much. A lot of the what we're seeing in the chart, a lot of the movies that we're seeing now is not unexpected. Right. A spike in oil that we're seeing typically leads to risk off. Granted, we've had we have had moments in which oil does grind higher and the markets do grind higher. But I think also with oil and yield the combination is leading more to like a risk off sentiment. At least for now. But for BTC, let's see with the daily candle closes and for equities, let's see where we close the week off tomorrow. Thank you so much for having me, Cade. Yeah, definitely. I'm for sense. That's what you said. Bad price. We gotta go to him next. We have to. Oh, probably. Do you want to do that? Yeah, not not. I was just saying I was just looking at CRCL. And if this was it like $80 kind of circle. Yeah, if this $80 support breaks, there's really not much underneath until like 62 or so. Yeah, I see that. But it did break. I see it at 79 now. But let's see, let's see where we close. That 62 area. Bad is where it held. It bumped up against it like four, five times. 62, 62, 26. That's what I have. But below that, there is liquidity. I know if you guys see right on the weekly, there is liquidity at 49. So if 62 doesn't hold, do you see a scenario in which we go ahead and tap that 49? Bad price. I mean, maybe I really would want to see how the 62 area, you know, plays out. And their support at 57, but a lot of liquidity at 49. So let's see. Yeah, 49 is like, isn't that hold on. I was just looking at the chart. Yeah, that's like down towards all time level, huh? Yeah. But it follows BTC closely. So what do you if BTC's bottom is not in? Yeah, with Bitcoin, like how BITS was talking about stable coin dominance. We're not that far under resistance about, let me see, like about 2% or so below resistance. So yeah, that's something I'm keeping an eye on because if we do get over that, then I mean, there's really not that much. Yeah, the next resistance above that's like 10, 12% above. So I'm looking at the USDT plus USDC chart. So I got resistance up around 9.62, then above that, well, there is a pivot around 10.14. But then above that, it's not until really 10.86. So that, you know, that's something definitely keeping an eye on because I would definitely bring us down. You know, that could bring us down to like 70 or so. Next level I'm looking at for support is what around like 78.9 or so. And then obviously, I'm looking down towards the value area high of that range where we have been trying to break out of. But that's around.