September 24, 2025 • 28 mins
The cryptocurrency market is currently enduring a significant downturn, dubbed 'Red September,' as its overall capitalization shrinks substantially.
~This episode is sponsored by Tangem~
Tangem ➜ https://bit.ly/TangemPBN
Use Code: "PBN" for Additional Discounts!
Guest: Tim Warren, Host of Investing Broz
Investing Broz Youtube ➜ / @timwarrentrades
Follow on Twitter ➜ @timsta6753
00:00 Intro
00:10 Sponsor: Tangem
01:00 Is the crash over?
02:30 Bitcoin analysis
06:15 CNBC: Why markets are rebounding?
08:00 $ETH local bottom in?
11:45 Overvalued market?
13:00 $BNB analysis
16:30 mXRP Launch - $XRP analysis
19:00 $AVAX analysis + price prediction
24:15 $SOL SZN coming
26:30 $AVAX or $SOL right now?
27:35 Outro
#Crypto #ethereum #Bitcoin
~Final Shakeout📉Crypto Technical Analysis w/ @TimWarrenTrades ~
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~This episode is sponsored by Tangem~
Tangem ➜ https://bit.ly/TangemPBN
Use Code: "PBN" for Additional Discounts!
Guest: Tim Warren, Host of Investing Broz
Investing Broz Youtube ➜ / @timwarrentrades
Follow on Twitter ➜ @timsta6753
00:00 Intro
00:10 Sponsor: Tangem
01:00 Is the crash over?
02:30 Bitcoin analysis
06:15 CNBC: Why markets are rebounding?
08:00 $ETH local bottom in?
11:45 Overvalued market?
13:00 $BNB analysis
16:30 mXRP Launch - $XRP analysis
19:00 $AVAX analysis + price prediction
24:15 $SOL SZN coming
26:30 $AVAX or $SOL right now?
27:35 Outro
#Crypto #ethereum #Bitcoin
~Final Shakeout📉Crypto Technical Analysis w/ @TimWarrenTrades ~
⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Let's get in small coin analysis today. You guys are
gonna love it. My name is Paul Barrel, Welcome back
into the show. I do want to thank our sponsor,
and that is Tangent. This is where you guys can
take those aalt coins put them in your own self
custody wallet and you can do that through Tangum. All
you have to do is go over to tangent dot
com use our link down below. It's going to give
you a little bit of a discount. Get the three
card set. It's the easiest one to go with and
(00:23):
it is very simple to set up, so don't be
afraid if you're brand new to crypto, you will find
that this is probably the best, I think the best
card out there in terms of self custody. And you
guys get to use a little bit of discount. So
go there and get it started. Let's get into it
today with mister Tim Warren coming in from the Tim
(00:43):
Warren Channel. You can go over to Tim's channel right there,
hit subscribe and learn a little bit more about what
Tim is doing knocking it down with a lot of
calls here recently, one of which you made on our show.
We're going to reveal that a little bit later as
we get into some things in general. Right now, the
markets are heating up. Where do we go from here?
This was a poll that we put out quickly. People
(01:04):
are still pointing to an up position or possibly a
one more leg down. I'm kind of curious, what do
you think?
Speaker 2 (01:12):
Yeah, I mean we're in a spot that's gonna cause
a lot of people get very upset with me right now, Paul,
We are in a spot right now, and we'll cover
more of this in the TA section. We genuinely could
go up or could go down, and people hate that.
The reason why is as we're recording this, who knows
in the next hour and a half that'll be next
twenty four hours of people are still viewing this what
(01:32):
crypto has done since then. But right now we're on
a pump, right We are going up higher. But you're
gonna see if we get into the charts. There's not
a lot of confirmation volume happening just yet. And I'm
still a big believer Crypto space is still heavily manipulated.
I think early over the weekend and early this week
we're watching manipulation still play out. So these swings to
the upside, giving people some hope. If volume doesn't come
(01:55):
in confirming that hope, that might be all it is
is just hope and that pole you have there. I'll
tell you what I always like when I see the
narrative of the majority flip to being bearish, and while
it's getting there, that one more leg down than up company.
You have thirty seven point three percent. That's good. That's
still pretty high for me, though, the fifty three percent
(02:16):
saying up from here, I would love to be.
Speaker 3 (02:18):
Wrong, Paul. I would love for us to just go
straight up from here.
Speaker 2 (02:22):
I have this sneaky suspicion that the bears aren't quite
done with this leg just yet. I'm still long term bullish,
but I think that middle group might be onto something.
Speaker 1 (02:33):
Yeah, for sure. When you look at the bitcoin chart
right now, Tim, and you see it hovering around one
thirteen after this big correction, what do you think is
going to play out in terms of bitcoin? Tom Lee's
calling for a two hundred k bitcoin end of year.
He's got ether upwards of fifteen k. I mean, there's
some crazy speculation coming out of Wall Street right now.
(02:56):
What does your chart show us on bitcoin right now?
Speaker 2 (03:00):
One thousand is a little high for my liking, So
I think Tom is a little too bullish that way.
I did tell my VIP trading group. When you look
at bitcoin dominance right now, people are kind of freaking
out because climbing again. I'm really not worried until two things.
It hits number one. As long as you stay below
sixty percent and below the daily smart trail, I'm not
worried at all. If that is broken, the level that
(03:23):
gets me concerned about the future of alt coins and
kind of the crypto rally as a whole. If Bitcoin
dominance reclaims sixty two point six percent, give or take,
gets higher than the high we had back in August,
that's when I'm kind of concerned. The only scenario in
which I'm not concerned and Bitcoin domis does climb above
this is if Tom Lee is right and Bitcoin shoots
(03:44):
like two hundred and fifty thousand dollars that quickly and
all just kind of struggle behind all. Right, In that scenario,
maybe Bitcoin domins climbs and all coins are okay. I
see that being the least likely scenario of all scenarios
we could have. I think the reality is we're gonna
seecoin domins continue to the downside. I do believe bitcoin
will make another move back to the upside. I think
(04:06):
we see new all time highs. I think one hundred
and fifty to one hundred and seventy thousand by end
of year is not ridiculous for bitcoin. Let's put more
like one hundred and fifty k is my ceiling there.
I think we keep going higher in the new year.
But when I say a new low could be coming,
another trip back down, I don't necessarily think we go
too much lower. But there are some things I'm watching
(04:26):
right now on liquidations that could be very very interesting.
Again until volume comes in confirming the new breakout, I'm
going to be watching some very interesting liquidations here. If
my screen will low there we go very interesting liquidations
still back down here at towards one oh seven, until
we come and reconquer and get back above one hundred
(04:47):
and eighteen hundred nineteen hundred and twenty, and we decide
that's the direction we want to start liquidating shorts instead
of longs. You gotta be ready for that to be
a potential right there. But in a scenario where I'm wrong,
and again, I would love to be wrong about that.
We do have a little bit of breakout this morning
above some resistance right here. You love to see it,
(05:07):
but like I said, when you go to the hourly chart,
there's just not a lot of volume confirming it just yet.
And this is something really important to watch. If you
go back in the history of when bitcoin decides that
it's bottom down, it's ready to go again, come back
in here. You know we had this big fall back
in April, high volume bottom, great bottoms in. How did
(05:28):
we know that the support? How do we know that
the bottom was in for sure? And how did we
know that we were going to go to the upside?
It was on the breakout of resistance you got this
pop up of volume confirming the buyers are back. And
I can show a lot more examples like that, but
ultimately that's what we are looking for it Now, we
did have a decently let's go back to the hourly chart.
Speaker 3 (05:46):
We had a decent.
Speaker 2 (05:47):
Volume histagram come in on this big pullback on Monday morning.
But until I get another high volume confirmation of buys,
you just got to be worried. The same people at
manipulated Price back in here, they might just be doing
something very similar where they're liquidting some short positions only
to just have it turned back over and come back
(06:08):
down and fill out some lower liquidations as well before
they're finally ready for all time highs.
Speaker 1 (06:12):
Yeah, I want to go to a clip because I
think this will give us some framework of what you're referencing,
which is all time high in markets, all time high,
and gold, bitcoin in some of the all coins in general,
struggling to kind of break through. Let's run soot one.
All right, what do you make of the rebound? I mean,
yesterday it seemed like the markets were kind of weighed
down by some of those Japowell comments. Why are we
seeing the rebound this morning?
Speaker 4 (06:34):
Well, I think you're checking both boxes. First off, j
Powell mentioning that markets might be overvalued as being like
the sky is blue, waters wet.
Speaker 3 (06:42):
We know nothing's cheap right now.
Speaker 4 (06:43):
There's not a lot of cheapness in the market, but
that doesn't mean necessarily that we can't see the uptrend persist.
So I think a lot of his comments weren't that bad.
I think the market was reacting to him saying, look,
there are dual risks out there, right, there's no risk
theory path. For them, they're fighting inflation, they're fighting weakening labor.
But for me, the AI trade, the concerns on that
we checked that box. So just take a step back,
put your ear plugs into not noise. Politics has been loud,
(07:07):
and you just really need to stay focused on your objectives.
They focused on the fundamentals, stay focused on the technicals,
and not let all of this little chirping and kind
of all the worry out there devil you from your plans.
Speaker 1 (07:19):
Maybe that works for crypto right now, if you just
kind of hold through, because these are the kind of
type type of cycle positions right now that I think
a lot of people hate in general.
Speaker 4 (07:31):
Tim.
Speaker 1 (07:31):
I was looking at a tweet you put out CFTC
to allow stable coins. This was the announcement Carolin fam
coming over from CFTC allowing stable coins as collateral. So
this is a big deal. This will affect ethereum. Obviously,
USDC will be a player in this. Tether could be
a player in this if they get if with USA,
usat R, L, USD a lot of stable coins coming
(07:55):
to the market. What is your theory right now of
how much of an impact that would be on eth
If you take a look at the eighth chart where
we're trading around forty one hundred. What does this do
for ethereum? Do you think we see a lower ethereum?
Or is have we finally reached the local bottom for ethereum.
Speaker 2 (08:14):
Well, before I jump onto the charts, I want to
make sure we're very clear here because people are me
listening to this and saying I thought Tim was a
moon boy. I thought Tim was so bullish, now speaking
kind of barished. I want it very clear here. I
am so bullish long term because of all the things
we're talking about. Yeah, I'm just wondering a short term
little pullback that's on the way when it comes to ethereum.
Things like this we know are long term bullish. We
(08:36):
know that the further use case of stable coins, while
it might not be the greatest thing for the rest
of all coinspace, any layer one and those stable coins
are built on, will benefit heavily from the massive transactions
of a stable coin. In this case, we're talking about
a benefit to ethereum. That doesn't mean it's going to
be immediate, that doesn't mean it's going to.
Speaker 3 (08:55):
Be right now.
Speaker 2 (08:56):
We are talking about trying to fit a long term
perspective into what people want to see this week, this weekend.
Speaker 3 (09:03):
They want to see their prices pop this weekend.
Speaker 2 (09:05):
That's not how markets always move, uh, you know, Ethereum,
I told you guys, it's in a could go up,
could go down scenario.
Speaker 3 (09:11):
Right now.
Speaker 2 (09:12):
You can make a lot of cases for why we
should go up. I could tell you right now, hey, Ethereum,
after a little bit of a break to the upside,
we pulled back and we hit the daily smart trail
a very strong level of support. We're ready to go
back to the upside right even see our oscillators are overextended.
Speaker 3 (09:27):
That's the daily chart.
Speaker 2 (09:28):
If I were go to the four hour chart, you're
gonna find we bottomed out here. We're seeing bullish divergence.
We're seeing a bubble forming right here that could pop
any day now that could send.
Speaker 3 (09:38):
Price to the upside.
Speaker 2 (09:39):
So there is evidence that suggests Ethereum could make a
decent move back to the upside. The problem, however, is
gonna be there's also some arguments that we go to
the downside. You know, matter of perspective, bulls don't want
to look at it this way. They just want to say, oh, look,
Tim it's consolidating, and the daily chart and the four
hour chart they are low. We could pop back up,
right well, bears are gonna look oop me move that
(09:59):
Bear's gonna look at this chart and they're going to
see a very very fast and violent fall to the downside.
The market, very fast fall the downside, a consolidation in
a triangle that's called a bull or bare pennant. If
that bare pennant ends up playing out, I am not
making this prediction. I just want to make sure people
are aware of what the technicals insist could happen. This
(10:22):
bare pennant could send the price of theorem all the
way back down towards thirty eight forty. Again, I'm not
predicting it. What I want to be clear with people
is that the charts right now are messy. We are
in a could go up, could go down scenario. We're
sitting on some strong support, We're sitting on a lot
of evidence that suggest it wouldn't be crazy to see
ethereum and crypto pop back up. But it's also not
(10:44):
crazy to look at a move to the downside. So
what do you do with this? I kind of entered
this earlier. You look for confirmed volume on breakout, should
eth make a move here below support and reality, I
kind of want to see it get back down here
towards forty one hundred. If we get a breakout b
that green line, if we start closing some four hour
candles below that green line, and then the histograms of
(11:06):
volumes start to pick up and start to sway to
the upside with that confirmed down move, more than likely,
four thousand to thirty eight hundred is absolutely on the
table for the next support level for ethereum. However, on
the flip side, same thing, if we get a break
above red level, if we come up here and get
higher than like around forty two to thirty, and you
see the volume start to pick up here as well,
(11:29):
confirming that the bulls are back buying all of a sudden,
Well forget going all the way down to thirty one hundred,
We could be popping right back up towards forty six.
Speaker 3 (11:36):
Forty five hundred.
Speaker 2 (11:38):
It is a matter of watching, being patient, using analysis
like if then statements, because that only way to trade
these markets correctly. I'll tell you another thing, though, Paul,
that's making me confident and bullish still long term, is
even some of the stuff that we just talked about
that CNBC short film right there where they're talking about
(11:58):
Jerome Pal saying, yeah, markets are a little overbought. He's
not lying, they are overbought. I just told you during
this whole madness in chaos is bitcoin and crypto have
been trending downward in consolidation. The S and P five
hundred is hitting new all time highs, gold is hitting
new ultimized.
Speaker 3 (12:13):
Why is crypto not going there?
Speaker 2 (12:15):
If I'm an investor right now and I'm listening to
what Jerome Pal says, and I'm looking and saying, he's right,
the stock market's a little overheated. Guess what's not overheated.
Guess what is not overbought and has a long room
to the upside. And oh, by the way, we're getting
more regulational clarity on it every single day.
Speaker 3 (12:31):
We're getting You would think the exit would be here.
Speaker 1 (12:33):
I mean that you'd see profit taking.
Speaker 2 (12:35):
Crypto is the perfect investment right now, whether I'm a
tradifi investor, a crypto investor, Crypto sitting in a great
spot to invest in right now.
Speaker 1 (12:42):
Yeah, for sure. Well, Tom Leeb agrees with you. He's
calling out right now potentially twelve thousand on eight more
again institutional strength. You know he's still a very now
you remember this is the number one cheerleader for Etheroreum
out there. Part of his game is bit minor and
that is an Eath treasury company. He of course he's
talking to his book, but it is something that he
(13:03):
has been very, very confident about. In general. Again, it'll
be interesting to see how the market determines it. Speaking
of markets that are moving, B and B only coined
in the top ten pass games this week, and B
and B continues to outperform. I mean, this has been
a little bit interesting to be over a thousand bucks
right now. When you look at B and B on
(13:25):
the chart, where does this stop? Is this still? Do
you feel like this is more of a manipulation project
or do you feel this this has got some potential upside?
Speaker 3 (13:35):
Is so hard to say that it's not a manipulation play.
I'll show you.
Speaker 2 (13:39):
I mean, obviously their price dipped as well over the weekend.
But look at this is the daily chart right now
on BnB. Let's just focus on what prices looked like
since back in July.
Speaker 3 (13:48):
Here where B and B is? We get the exact
percentage from those July lows. B and B is up
right now sixty seven percent.
Speaker 2 (13:55):
At one point was up eighty percent versus I'm going
to really quickly flat some other projects here, real quickly.
Take a little what bitcoin looks like in that time period,
very slow, methodical sideways. Take a look at Theoreum, Take
a look at Chainlink, take a look at these others.
Speaker 3 (14:11):
B and B continued to pump.
Speaker 2 (14:13):
And rally while other things were coming back down to
the downside. And then I'm not gonna pull it up
right now. But I don't know if you saw that
tweet timeline of CZ's tweet talking about how support is
very good for the strength of foundation. It was literally tweeted,
and then the very next second the markets drop. It's
really crazy the manipulation going in play here. I had
(14:36):
a sign I think it's gonna get smashed at this
point if finance continues this. I earlier this year predicted
about a twelve sixty five top this year for Binance.
I said that would be a nice interesting spot to
keep an eye on. We're very coops. I did not
think that we get this this far this fast. You
can see here it's just destroying former all time highs
here from back in twenty twenty one. Unlike the rest
(14:59):
of the crypto space, it is just smashing through kind
of similar to bitcoin Bitcoin's wail above the highs back then.
But very few projects that we're around in twenty four
one are like that. B and B is benefact benefiting
from that, very very heavily same thing even here. Guess
what with this more recent move, the volume has been increasing,
confirming while other things are selling off, people are buying
(15:19):
B and B. Is it people or is it just
Binance themselves selling other cryptocurrencies, keeping them down low, and
investing all of it into B and B. I'll leave
that to someone who knows a little bit more about
tracking wallets than myself. But the evidence I'm seeing on
the charts, I'm the evidence I'm seeing on Twitter connecting
some logical dots. It is hard not to say that
(15:41):
Binance wasn't behind this more recent confusing move of the
weekend crash.
Speaker 1 (15:46):
Well, you got to look at a couple other things
that have happened, and that is in reference to Franklin
Templeton their token ized platform. This is on Benji. Now
it's going to expand to the B and B chain,
So that's another advantage. This is a big player you
know that could you know, contribute to B and B
and the likelihood of that getting more Franklin Templeton types
(16:07):
coming to this market could be real. So I'm with you.
I think it's still a very interesting position right now.
You look at the chain. Stable coin supply just hit
twelve and a half billion. This is the highest level
that we've seen again back in years, so that too
a big deal in terms of where BnB is heading.
One other thing I want to hit on right here
(16:29):
is XRP Midas. Of course, we had them on the
show with Axelar big announcement on liquid yield tokens. XRP
now on the game board right now, TVL around almost
twenty million right now, just on what Midas is doing.
If you guys didn't catch that video, go back and
look at that, because this is a big deal. Then
of course Flair comes in with f assets just launched today.
(16:53):
These are big, big potential moves because it does expose
the entire ecosystem with XRP into DeFi and starting to
earn some of these yields flow. So far, about two
point six million in the cor vault. What are your
thoughts on XRP getting the bump at hat I think
it's up four percent on the day. Do you like
this as a temporary move or do you feel like
(17:14):
maybe XRP set for a breakout here?
Speaker 3 (17:17):
Yeah, I think is one on the longer term set
for a breakout.
Speaker 2 (17:20):
Right. I'm not saying we can't dip back down on
shorter time frames, but if you're someone who is investing
for the next couple of months, not just the next
week and a half, because you're in a day trade,
xrp's in a good spot. We told our community back here,
we said, hey, look for a pullback back down in
this range of around two seventy seven to eighty big
equilibrium level back here, back in that support that we
(17:40):
had in the early September days. Also, if you go
to the two daily chart, this is going to be
where we had an order block, a good breaker block
right there. But also the two daily smart trail after
a two daily cell signal, so you're sitting on some
strong support in a nutshell. The other big reason is
because we had a big breakout here before. This is
(18:01):
one that I think this is my more conservative estimate
was that a big breakout to three eighty one could happen.
Speaker 3 (18:05):
Clearly, we're pulling back down.
Speaker 2 (18:07):
But you can see when you trace that form of
resistance level, we're really just bouncing on that resistance.
Speaker 3 (18:11):
Very normal thing to do.
Speaker 2 (18:12):
A bullish case, a bullpen excuse me, pattern would suggest
the next big move for XRP would be up above
five dollars for the next one right there. So I'm
still a big bull on XRP right now. I think
that these corrections. Again, you always have to be prepared
for what's normal, what's healthy, And in this case, anyone
who's sitting here freaking out about it, I just I
(18:33):
want to remind you guys, look for support, major support levels.
You're seeing that here on this two daily chart, daily chart,
there was some big, big support. So if you believe
like me in the power of manipulation, manipulation sometimes as
long as it's not taking us into a bear market,
it simply pulls us back down to a significant support level,
one that you the retail weren't ready for.
Speaker 3 (18:54):
But if you study your charts, you're aware of it.
Speaker 2 (18:56):
They buy that dip when you're selling, and then they
make a lot of money.
Speaker 1 (19:00):
Yuh well, And I think that's the key here, guys,
is timing in the market. Where are you in that position?
How do you play this out? If you're long term holder,
if you're maybe a short term holder. Listen, Tim, we
got to give you your kudos because you called it
here on our show, and that was this show we
did thirteen days ago right there on Avalanche, and we
were looking at a breakout on Avax that could happen.
(19:22):
In fact, it did and a good upside for Avalanche
also correcting above thirty bucks. At the time, I think
we were trading around twenty eight to twenty nine. Where
you look at Avalanche right now, if you were in
that trade right now, would you exit it at the
current gains or would you go ahead and let this
one ride?
Speaker 3 (19:41):
Yeah?
Speaker 2 (19:41):
Well, so the way we traded it in our group,
I'll kind of show how and draw it how we
did this. So if you guys, remember what I called
on this show was that due to the w pattern
and then the build up that happened here right below
twenty six fifty give or take, we predicted a big,
big boost would happen. So even though I I had
a long that came in way back here. What I
(20:02):
had our community do is, on this verge of the breakout,
we had a buy signal in down here, we put
our stop loss well below the more recent higher low
in place. And then, since our trajectory was all the
way up here, I'm a big believer of making sure
you secure profits.
Speaker 3 (20:19):
I look at things, and.
Speaker 2 (20:20):
I always look around the middle point, and I say,
let's make sure we have what we call a take
profit one where you take you can choose for yourself.
You want to take twenty five percent, fifty percent, seventy
five percent. I usually do about fifty percent. What I
do with trades like this is I still believe a
move all the way up towards forty five forty six
dollars in the cards, but I took profit half of
my position. I took profit, and then I took the
(20:41):
stop loss and I raised it to break even.
Speaker 3 (20:43):
So now even if a.
Speaker 2 (20:45):
Colossal crash on AVAX happens, I have locked in a
fifty percent profit of a fifty percent of my move.
If I come back down, I didn't lose any any
money whatsoever, and I leave half my position open to
just play and say, hey can I make this move
and get profited there. In that case, I win once again.
But that's how we traded it, And if someone entered
up here, I would have told them the same exact thing.
Speaker 3 (21:06):
It doesn't really matter where you enter. I'm a big
fan of looking.
Speaker 2 (21:09):
At your main target to even take profit one somewhere
in the middle of that. Just secure some profits just
in case you're wrong, and end up being a very
good play for us. And we're still in the straight.
This trait is still active and open, and I'm still
pretty favorable. I think it's it'd be pretty difficult to
drop back down to the below these levels, but if
it does, I'm ready for it.
Speaker 3 (21:28):
I won't lose money. That's all I way to trade it.
Speaker 1 (21:30):
At end of end of year right now in AVAX,
if you're holding that fifty percent of that bag right
now on that particular trade that we made here on
the show, where would you would you play this out
to the end of the year or look for other
exit points.
Speaker 2 (21:43):
Well, at this point, the almost way I see it is,
I'm playing with house money now. I've locked in my profits,
I've locked in no loss whatsoever, So I'm gonna let
this one play out and if I hit forty I
think it's like forty five, seventy or something.
Speaker 3 (21:56):
Is my official take profit too. If it hits great.
Speaker 2 (21:59):
If it does, okay, I told it before, I'll share
my screen again.
Speaker 3 (22:03):
This was just my shorter term target for Avax.
Speaker 2 (22:06):
Of course, the question then becomes on the longer timeframe,
can we smash above this descending level resistance up here?
And then all of a sudden, you're talking about another
long position where you're looking for profit somewhere in the
world of one hundred and fifty dollars that I'll enter
a brand new trade.
Speaker 3 (22:21):
I'll let this one play out.
Speaker 2 (22:22):
I would expect X for Avax to get up here
and have some consolidation and give me some time to
re enter after taking profit, and then I'll probably look
for a brand new long to trade all the way
up here again. Guess what I'm gonna put my if
I were to enter somewhere in this camp right here,
I'm gonna put my take profit originally up there, and
I'm gonna put a little take profit one some are
right here in the middle. Just secure that gain, make
(22:44):
sure I don't risk it all and then not get
anything for good. TA make sure my TP won is
somewhere in the middle.
Speaker 1 (22:49):
There there you go. Just to look at the DEX
volume right now, dex volume is climbing on Avax. In fact,
if you look here, Avax flip hyper liquid right there.
So good decks volume at least in the last twenty
four So maybe this is a good sign because this
could point to some more action on I'll tell you
this for sure.
Speaker 2 (23:08):
I'll tell you this, Paul. I'm more of the TA guy.
Right we have a whole team though. At our group,
we have a guy named Crux the Crypto. He's our
fundamental expert. He did a video on his channel and
he was comparing Suie and Avax, and people know, if
you watch me, I'm big on Sue.
Speaker 3 (23:21):
I like Sue Yep.
Speaker 2 (23:23):
He went into the whole video thinking his synopsis was
going to be, hey, guys, both good, but Sue's better.
Speaker 3 (23:28):
In all of this stuff.
Speaker 2 (23:29):
He studied about what Avax is doing, the adoption coming.
He said, right now, Avax is clearly the much better
investment than suey from a fundamental standpoint.
Speaker 3 (23:39):
What the future looks like.
Speaker 1 (23:40):
Well, that's a big deal because you look at what
Anthony Scaramuchi is doing with this new dat digital ASCID treasury.
He's kind of like a Tom Lee type. It's very
possible that he could pull through some volume. Again, this
is all timing in where the market is right now,
whether or not we see it. But Avax has been,
of course coming off an extreme high of where we were,
(24:03):
you know, at the at least the most recent local
highs to where we've come back down to on Avalanche.
So very very positive on Avax. Let's take a look
at another move that could happen right now, and that's Solana.
I had Matt Hogan on the other day. He's like, hey,
it's Solana season. Q four is Solana season. Solana has
(24:23):
retraced back down to around two hundred bucks. Is this
an entry for Solana for you right now? At least
on a local trade?
Speaker 3 (24:32):
It is very good support. I'll show that one.
Speaker 2 (24:34):
This is when I remember being on your channel saying, hey,
the downside of these rising wedges. We could have rejected
right here on two seventeen and then pulled back pretty far.
Like back then, I think we had like one to
sixty one to seventy as a target to downside, but
instead Solana had a nice boost the upside. By the way,
remember I was showing other coins as well. Solana's chart
does not look like bitcoins, or like ethereums, or like
(24:56):
chain links. Solana's had a very good run even right
now now. And what it did here more recently is
it pulled back down back into the formation. But it's
looking like we're getting a pretty decent little bounce here
around a zone that at one point again back here
in September, we actually shorted it successfully in August on
the twenty ninth, it broke that resistance. Are we now
(25:16):
using that same zone as support? I think there's also
just like everything else, you know, you had this daily
cell signal back in here after breaking up to two
point fifty, we came back down. We touched that daily
support level right there. So I think this is a
by signal for sure. I would tell people just to
be a little cautious and say, hey, when you look
at liquidation spots and you know that we're in a
world of manipulation, two things stick out to me. Two
(25:39):
places stick out to me right here around one ninety
five two hundred lot of bright green spot stops threatning there.
And then the other big one is gonna be back
down there at again. That target one seventy three, I
think that's the one we named before. There still is
liquations down there. Manipulators can crush spirits, like I think
we're in a world right now where people are bullish
(25:59):
right now.
Speaker 3 (26:00):
You even your poll.
Speaker 2 (26:01):
I ran a poll very similarly, people are still bullish.
Sometimes manipulators crush your soul before the next rally. That's
what we saw happen early this year. We saw in
the summer or twenty be four. And listen to the hindsight, Paul,
those weren't the ends of the bull markets, but it
sure felt like it didn't it. Yeah, whether that happens
now or later this year or early next year, I
(26:22):
just want people prepared for this. When you're in a
market that's manipulable and crypto is, you will have seasons
where they crush your soul. Be prepared for soul crushing.
Speaker 3 (26:31):
And buy those dips. Don't get surprised by it.
Speaker 1 (26:34):
Hey, dam I got one more question for you before
I let you go. Sure, Avax or Soul, what do
you put in your play in?
Speaker 2 (26:41):
Yeah, so it's funny you say that's the question, because
I was just telling you how I was a sueye
guy over Avax about until about two three weeks ago,
and then our fundamental guy did some research. He said, me,
in Avax is the play. Let me let me wrap
up what I've said on the show before. I'm almost
always going to give the initial vote of confidence to
the coin with the smaller market caap as long as
they're both quality products. Give me the smaller market gap
(27:05):
eight out of ten times. But again, with the recent
surge in Avax, not just price wise but in adoption circumstances,
this was a coin that was disappointing for most of
this bloolmark so far, people were kind of checking out
on it. Now the whales have kind of said, all right, fine,
you don't want it, let us have it. They're building
it up, they're building their relationships. It's got a treasury
(27:25):
now coming for it. This is not an insult to
Solana whatsoever, because I still like Solana. Avax is a
hot project. Buy it while you can at cheap prices.
Speaker 1 (27:35):
Yep, there you go. All right, man, listen, Tim, it's
good to having you on the show. Thanks again for
stopping in. We'll definitely have you back. We'll break down
some more as the markets continue to heat up. Thanks
for coming in, absolutely, thanks for having me, Paul, You
bet all right. So you guys get in on the
Diamond Circle. It's our own private group that you can
take part of and it's free. We leave a link
down below. Of course, all you have to do is
(27:56):
click that you can join. And number one thing to
do right now, take some time, subscribe to the show,
and then of course follow me out there on X
at Paul Baron. We'll catch you next time right here
on the Paul Baron Show.
Let's get in small coin analysis today. You guys are
gonna love it. My name is Paul Barrel, Welcome back
into the show. I do want to thank our sponsor,
and that is Tangent. This is where you guys can
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custody wallet and you can do that through Tangum. All
you have to do is go over to tangent dot
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(00:23):
it is very simple to set up, so don't be
afraid if you're brand new to crypto, you will find
that this is probably the best, I think the best
card out there in terms of self custody. And you
guys get to use a little bit of discount. So
go there and get it started. Let's get into it
today with mister Tim Warren coming in from the Tim
(00:43):
Warren Channel. You can go over to Tim's channel right there,
hit subscribe and learn a little bit more about what
Tim is doing knocking it down with a lot of
calls here recently, one of which you made on our show.
We're going to reveal that a little bit later as
we get into some things in general. Right now, the
markets are heating up. Where do we go from here?
This was a poll that we put out quickly. People
(01:04):
are still pointing to an up position or possibly a
one more leg down. I'm kind of curious, what do
you think?
Speaker 2 (01:12):
Yeah, I mean we're in a spot that's gonna cause
a lot of people get very upset with me right now, Paul,
We are in a spot right now, and we'll cover
more of this in the TA section. We genuinely could
go up or could go down, and people hate that.
The reason why is as we're recording this, who knows
in the next hour and a half that'll be next
twenty four hours of people are still viewing this what
(01:32):
crypto has done since then. But right now we're on
a pump, right We are going up higher. But you're
gonna see if we get into the charts. There's not
a lot of confirmation volume happening just yet. And I'm
still a big believer Crypto space is still heavily manipulated.
I think early over the weekend and early this week
we're watching manipulation still play out. So these swings to
the upside, giving people some hope. If volume doesn't come
(01:55):
in confirming that hope, that might be all it is
is just hope and that pole you have there. I'll
tell you what I always like when I see the
narrative of the majority flip to being bearish, and while
it's getting there, that one more leg down than up company.
You have thirty seven point three percent. That's good. That's
still pretty high for me, though, the fifty three percent
(02:16):
saying up from here, I would love to be.
Speaker 3 (02:18):
Wrong, Paul. I would love for us to just go
straight up from here.
Speaker 2 (02:22):
I have this sneaky suspicion that the bears aren't quite
done with this leg just yet. I'm still long term bullish,
but I think that middle group might be onto something.
Speaker 1 (02:33):
Yeah, for sure. When you look at the bitcoin chart
right now, Tim, and you see it hovering around one
thirteen after this big correction, what do you think is
going to play out in terms of bitcoin? Tom Lee's
calling for a two hundred k bitcoin end of year.
He's got ether upwards of fifteen k. I mean, there's
some crazy speculation coming out of Wall Street right now.
(02:56):
What does your chart show us on bitcoin right now?
Speaker 2 (03:00):
One thousand is a little high for my liking, So
I think Tom is a little too bullish that way.
I did tell my VIP trading group. When you look
at bitcoin dominance right now, people are kind of freaking
out because climbing again. I'm really not worried until two things.
It hits number one. As long as you stay below
sixty percent and below the daily smart trail, I'm not
worried at all. If that is broken, the level that
(03:23):
gets me concerned about the future of alt coins and
kind of the crypto rally as a whole. If Bitcoin
dominance reclaims sixty two point six percent, give or take,
gets higher than the high we had back in August,
that's when I'm kind of concerned. The only scenario in
which I'm not concerned and Bitcoin domis does climb above
this is if Tom Lee is right and Bitcoin shoots
(03:44):
like two hundred and fifty thousand dollars that quickly and
all just kind of struggle behind all. Right, In that scenario,
maybe Bitcoin domins climbs and all coins are okay. I
see that being the least likely scenario of all scenarios
we could have. I think the reality is we're gonna
seecoin domins continue to the downside. I do believe bitcoin
will make another move back to the upside. I think
(04:06):
we see new all time highs. I think one hundred
and fifty to one hundred and seventy thousand by end
of year is not ridiculous for bitcoin. Let's put more
like one hundred and fifty k is my ceiling there.
I think we keep going higher in the new year.
But when I say a new low could be coming,
another trip back down, I don't necessarily think we go
too much lower. But there are some things I'm watching
(04:26):
right now on liquidations that could be very very interesting.
Again until volume comes in confirming the new breakout, I'm
going to be watching some very interesting liquidations here. If
my screen will low there we go very interesting liquidations
still back down here at towards one oh seven, until
we come and reconquer and get back above one hundred
(04:47):
and eighteen hundred nineteen hundred and twenty, and we decide
that's the direction we want to start liquidating shorts instead
of longs. You gotta be ready for that to be
a potential right there. But in a scenario where I'm wrong,
and again, I would love to be wrong about that.
We do have a little bit of breakout this morning
above some resistance right here. You love to see it,
(05:07):
but like I said, when you go to the hourly chart,
there's just not a lot of volume confirming it just yet.
And this is something really important to watch. If you
go back in the history of when bitcoin decides that
it's bottom down, it's ready to go again, come back
in here. You know we had this big fall back
in April, high volume bottom, great bottoms in. How did
(05:28):
we know that the support? How do we know that
the bottom was in for sure? And how did we
know that we were going to go to the upside?
It was on the breakout of resistance you got this
pop up of volume confirming the buyers are back. And
I can show a lot more examples like that, but
ultimately that's what we are looking for it Now, we
did have a decently let's go back to the hourly chart.
Speaker 3 (05:46):
We had a decent.
Speaker 2 (05:47):
Volume histagram come in on this big pullback on Monday morning.
But until I get another high volume confirmation of buys,
you just got to be worried. The same people at
manipulated Price back in here, they might just be doing
something very similar where they're liquidting some short positions only
to just have it turned back over and come back
(06:08):
down and fill out some lower liquidations as well before
they're finally ready for all time highs.
Speaker 1 (06:12):
Yeah, I want to go to a clip because I
think this will give us some framework of what you're referencing,
which is all time high in markets, all time high,
and gold, bitcoin in some of the all coins in general,
struggling to kind of break through. Let's run soot one.
All right, what do you make of the rebound? I mean,
yesterday it seemed like the markets were kind of weighed
down by some of those Japowell comments. Why are we
seeing the rebound this morning?
Speaker 4 (06:34):
Well, I think you're checking both boxes. First off, j
Powell mentioning that markets might be overvalued as being like
the sky is blue, waters wet.
Speaker 3 (06:42):
We know nothing's cheap right now.
Speaker 4 (06:43):
There's not a lot of cheapness in the market, but
that doesn't mean necessarily that we can't see the uptrend persist.
So I think a lot of his comments weren't that bad.
I think the market was reacting to him saying, look,
there are dual risks out there, right, there's no risk
theory path. For them, they're fighting inflation, they're fighting weakening labor.
But for me, the AI trade, the concerns on that
we checked that box. So just take a step back,
put your ear plugs into not noise. Politics has been loud,
(07:07):
and you just really need to stay focused on your objectives.
They focused on the fundamentals, stay focused on the technicals,
and not let all of this little chirping and kind
of all the worry out there devil you from your plans.
Speaker 1 (07:19):
Maybe that works for crypto right now, if you just
kind of hold through, because these are the kind of
type type of cycle positions right now that I think
a lot of people hate in general.
Speaker 4 (07:31):
Tim.
Speaker 1 (07:31):
I was looking at a tweet you put out CFTC
to allow stable coins. This was the announcement Carolin fam
coming over from CFTC allowing stable coins as collateral. So
this is a big deal. This will affect ethereum. Obviously,
USDC will be a player in this. Tether could be
a player in this if they get if with USA,
usat R, L, USD a lot of stable coins coming
(07:55):
to the market. What is your theory right now of
how much of an impact that would be on eth
If you take a look at the eighth chart where
we're trading around forty one hundred. What does this do
for ethereum? Do you think we see a lower ethereum?
Or is have we finally reached the local bottom for ethereum.
Speaker 2 (08:14):
Well, before I jump onto the charts, I want to
make sure we're very clear here because people are me
listening to this and saying I thought Tim was a
moon boy. I thought Tim was so bullish, now speaking
kind of barished. I want it very clear here. I
am so bullish long term because of all the things
we're talking about. Yeah, I'm just wondering a short term
little pullback that's on the way when it comes to ethereum.
Things like this we know are long term bullish. We
(08:36):
know that the further use case of stable coins, while
it might not be the greatest thing for the rest
of all coinspace, any layer one and those stable coins
are built on, will benefit heavily from the massive transactions
of a stable coin. In this case, we're talking about
a benefit to ethereum. That doesn't mean it's going to
be immediate, that doesn't mean it's going to.
Speaker 3 (08:55):
Be right now.
Speaker 2 (08:56):
We are talking about trying to fit a long term
perspective into what people want to see this week, this weekend.
Speaker 3 (09:03):
They want to see their prices pop this weekend.
Speaker 2 (09:05):
That's not how markets always move, uh, you know, Ethereum,
I told you guys, it's in a could go up,
could go down scenario.
Speaker 3 (09:11):
Right now.
Speaker 2 (09:12):
You can make a lot of cases for why we
should go up. I could tell you right now, hey, Ethereum,
after a little bit of a break to the upside,
we pulled back and we hit the daily smart trail
a very strong level of support. We're ready to go
back to the upside right even see our oscillators are overextended.
Speaker 3 (09:27):
That's the daily chart.
Speaker 2 (09:28):
If I were go to the four hour chart, you're
gonna find we bottomed out here. We're seeing bullish divergence.
We're seeing a bubble forming right here that could pop
any day now that could send.
Speaker 3 (09:38):
Price to the upside.
Speaker 2 (09:39):
So there is evidence that suggests Ethereum could make a
decent move back to the upside. The problem, however, is
gonna be there's also some arguments that we go to
the downside. You know, matter of perspective, bulls don't want
to look at it this way. They just want to say, oh, look,
Tim it's consolidating, and the daily chart and the four
hour chart they are low. We could pop back up,
right well, bears are gonna look oop me move that
(09:59):
Bear's gonna look at this chart and they're going to
see a very very fast and violent fall to the downside.
The market, very fast fall the downside, a consolidation in
a triangle that's called a bull or bare pennant. If
that bare pennant ends up playing out, I am not
making this prediction. I just want to make sure people
are aware of what the technicals insist could happen. This
(10:22):
bare pennant could send the price of theorem all the
way back down towards thirty eight forty. Again, I'm not
predicting it. What I want to be clear with people
is that the charts right now are messy. We are
in a could go up, could go down scenario. We're
sitting on some strong support, We're sitting on a lot
of evidence that suggest it wouldn't be crazy to see
ethereum and crypto pop back up. But it's also not
(10:44):
crazy to look at a move to the downside. So
what do you do with this? I kind of entered
this earlier. You look for confirmed volume on breakout, should
eth make a move here below support and reality, I
kind of want to see it get back down here
towards forty one hundred. If we get a breakout b
that green line, if we start closing some four hour
candles below that green line, and then the histograms of
(11:06):
volumes start to pick up and start to sway to
the upside with that confirmed down move, more than likely,
four thousand to thirty eight hundred is absolutely on the
table for the next support level for ethereum. However, on
the flip side, same thing, if we get a break
above red level, if we come up here and get
higher than like around forty two to thirty, and you
see the volume start to pick up here as well,
(11:29):
confirming that the bulls are back buying all of a sudden,
Well forget going all the way down to thirty one hundred,
We could be popping right back up towards forty six.
Speaker 3 (11:36):
Forty five hundred.
Speaker 2 (11:38):
It is a matter of watching, being patient, using analysis
like if then statements, because that only way to trade
these markets correctly. I'll tell you another thing, though, Paul,
that's making me confident and bullish still long term, is
even some of the stuff that we just talked about
that CNBC short film right there where they're talking about
(11:58):
Jerome Pal saying, yeah, markets are a little overbought. He's
not lying, they are overbought. I just told you during
this whole madness in chaos is bitcoin and crypto have
been trending downward in consolidation. The S and P five
hundred is hitting new all time highs, gold is hitting
new ultimized.
Speaker 3 (12:13):
Why is crypto not going there?
Speaker 2 (12:15):
If I'm an investor right now and I'm listening to
what Jerome Pal says, and I'm looking and saying, he's right,
the stock market's a little overheated. Guess what's not overheated.
Guess what is not overbought and has a long room
to the upside. And oh, by the way, we're getting
more regulational clarity on it every single day.
Speaker 3 (12:31):
We're getting You would think the exit would be here.
Speaker 1 (12:33):
I mean that you'd see profit taking.
Speaker 2 (12:35):
Crypto is the perfect investment right now, whether I'm a
tradifi investor, a crypto investor, Crypto sitting in a great
spot to invest in right now.
Speaker 1 (12:42):
Yeah, for sure. Well, Tom Leeb agrees with you. He's
calling out right now potentially twelve thousand on eight more
again institutional strength. You know he's still a very now
you remember this is the number one cheerleader for Etheroreum
out there. Part of his game is bit minor and
that is an Eath treasury company. He of course he's
talking to his book, but it is something that he
(13:03):
has been very, very confident about. In general. Again, it'll
be interesting to see how the market determines it. Speaking
of markets that are moving, B and B only coined
in the top ten pass games this week, and B
and B continues to outperform. I mean, this has been
a little bit interesting to be over a thousand bucks
right now. When you look at B and B on
(13:25):
the chart, where does this stop? Is this still? Do
you feel like this is more of a manipulation project
or do you feel this this has got some potential upside?
Speaker 3 (13:35):
Is so hard to say that it's not a manipulation play.
I'll show you.
Speaker 2 (13:39):
I mean, obviously their price dipped as well over the weekend.
But look at this is the daily chart right now
on BnB. Let's just focus on what prices looked like
since back in July.
Speaker 3 (13:48):
Here where B and B is? We get the exact
percentage from those July lows. B and B is up
right now sixty seven percent.
Speaker 2 (13:55):
At one point was up eighty percent versus I'm going
to really quickly flat some other projects here, real quickly.
Take a little what bitcoin looks like in that time period,
very slow, methodical sideways. Take a look at Theoreum, Take
a look at Chainlink, take a look at these others.
Speaker 3 (14:11):
B and B continued to pump.
Speaker 2 (14:13):
And rally while other things were coming back down to
the downside. And then I'm not gonna pull it up
right now. But I don't know if you saw that
tweet timeline of CZ's tweet talking about how support is
very good for the strength of foundation. It was literally tweeted,
and then the very next second the markets drop. It's
really crazy the manipulation going in play here. I had
(14:36):
a sign I think it's gonna get smashed at this
point if finance continues this. I earlier this year predicted
about a twelve sixty five top this year for Binance.
I said that would be a nice interesting spot to
keep an eye on. We're very coops. I did not
think that we get this this far this fast. You
can see here it's just destroying former all time highs
here from back in twenty twenty one. Unlike the rest
(14:59):
of the crypto space, it is just smashing through kind
of similar to bitcoin Bitcoin's wail above the highs back then.
But very few projects that we're around in twenty four
one are like that. B and B is benefact benefiting
from that, very very heavily same thing even here. Guess
what with this more recent move, the volume has been increasing,
confirming while other things are selling off, people are buying
(15:19):
B and B. Is it people or is it just
Binance themselves selling other cryptocurrencies, keeping them down low, and
investing all of it into B and B. I'll leave
that to someone who knows a little bit more about
tracking wallets than myself. But the evidence I'm seeing on
the charts, I'm the evidence I'm seeing on Twitter connecting
some logical dots. It is hard not to say that
(15:41):
Binance wasn't behind this more recent confusing move of the
weekend crash.
Speaker 1 (15:46):
Well, you got to look at a couple other things
that have happened, and that is in reference to Franklin
Templeton their token ized platform. This is on Benji. Now
it's going to expand to the B and B chain,
So that's another advantage. This is a big player you
know that could you know, contribute to B and B
and the likelihood of that getting more Franklin Templeton types
(16:07):
coming to this market could be real. So I'm with you.
I think it's still a very interesting position right now.
You look at the chain. Stable coin supply just hit
twelve and a half billion. This is the highest level
that we've seen again back in years, so that too
a big deal in terms of where BnB is heading.
One other thing I want to hit on right here
(16:29):
is XRP Midas. Of course, we had them on the
show with Axelar big announcement on liquid yield tokens. XRP
now on the game board right now, TVL around almost
twenty million right now, just on what Midas is doing.
If you guys didn't catch that video, go back and
look at that, because this is a big deal. Then
of course Flair comes in with f assets just launched today.
(16:53):
These are big, big potential moves because it does expose
the entire ecosystem with XRP into DeFi and starting to
earn some of these yields flow. So far, about two
point six million in the cor vault. What are your
thoughts on XRP getting the bump at hat I think
it's up four percent on the day. Do you like
this as a temporary move or do you feel like
(17:14):
maybe XRP set for a breakout here?
Speaker 3 (17:17):
Yeah, I think is one on the longer term set
for a breakout.
Speaker 2 (17:20):
Right. I'm not saying we can't dip back down on
shorter time frames, but if you're someone who is investing
for the next couple of months, not just the next
week and a half, because you're in a day trade,
xrp's in a good spot. We told our community back here,
we said, hey, look for a pullback back down in
this range of around two seventy seven to eighty big
equilibrium level back here, back in that support that we
(17:40):
had in the early September days. Also, if you go
to the two daily chart, this is going to be
where we had an order block, a good breaker block
right there. But also the two daily smart trail after
a two daily cell signal, so you're sitting on some
strong support in a nutshell. The other big reason is
because we had a big breakout here before. This is
(18:01):
one that I think this is my more conservative estimate
was that a big breakout to three eighty one could happen.
Speaker 3 (18:05):
Clearly, we're pulling back down.
Speaker 2 (18:07):
But you can see when you trace that form of
resistance level, we're really just bouncing on that resistance.
Speaker 3 (18:11):
Very normal thing to do.
Speaker 2 (18:12):
A bullish case, a bullpen excuse me, pattern would suggest
the next big move for XRP would be up above
five dollars for the next one right there. So I'm
still a big bull on XRP right now. I think
that these corrections. Again, you always have to be prepared
for what's normal, what's healthy, And in this case, anyone
who's sitting here freaking out about it, I just I
(18:33):
want to remind you guys, look for support, major support levels.
You're seeing that here on this two daily chart, daily chart,
there was some big, big support. So if you believe
like me in the power of manipulation, manipulation sometimes as
long as it's not taking us into a bear market,
it simply pulls us back down to a significant support level,
one that you the retail weren't ready for.
Speaker 3 (18:54):
But if you study your charts, you're aware of it.
Speaker 2 (18:56):
They buy that dip when you're selling, and then they
make a lot of money.
Speaker 1 (19:00):
Yuh well, And I think that's the key here, guys,
is timing in the market. Where are you in that position?
How do you play this out? If you're long term holder,
if you're maybe a short term holder. Listen, Tim, we
got to give you your kudos because you called it
here on our show, and that was this show we
did thirteen days ago right there on Avalanche, and we
were looking at a breakout on Avax that could happen.
(19:22):
In fact, it did and a good upside for Avalanche
also correcting above thirty bucks. At the time, I think
we were trading around twenty eight to twenty nine. Where
you look at Avalanche right now, if you were in
that trade right now, would you exit it at the
current gains or would you go ahead and let this
one ride?
Speaker 3 (19:41):
Yeah?
Speaker 2 (19:41):
Well, so the way we traded it in our group,
I'll kind of show how and draw it how we
did this. So if you guys, remember what I called
on this show was that due to the w pattern
and then the build up that happened here right below
twenty six fifty give or take, we predicted a big,
big boost would happen. So even though I I had
a long that came in way back here. What I
(20:02):
had our community do is, on this verge of the breakout,
we had a buy signal in down here, we put
our stop loss well below the more recent higher low
in place. And then, since our trajectory was all the
way up here, I'm a big believer of making sure
you secure profits.
Speaker 3 (20:19):
I look at things, and.
Speaker 2 (20:20):
I always look around the middle point, and I say,
let's make sure we have what we call a take
profit one where you take you can choose for yourself.
You want to take twenty five percent, fifty percent, seventy
five percent. I usually do about fifty percent. What I
do with trades like this is I still believe a
move all the way up towards forty five forty six
dollars in the cards, but I took profit half of
my position. I took profit, and then I took the
(20:41):
stop loss and I raised it to break even.
Speaker 3 (20:43):
So now even if a.
Speaker 2 (20:45):
Colossal crash on AVAX happens, I have locked in a
fifty percent profit of a fifty percent of my move.
If I come back down, I didn't lose any any
money whatsoever, and I leave half my position open to
just play and say, hey can I make this move
and get profited there. In that case, I win once again.
But that's how we traded it, And if someone entered
up here, I would have told them the same exact thing.
Speaker 3 (21:06):
It doesn't really matter where you enter. I'm a big
fan of looking.
Speaker 2 (21:09):
At your main target to even take profit one somewhere
in the middle of that. Just secure some profits just
in case you're wrong, and end up being a very
good play for us. And we're still in the straight.
This trait is still active and open, and I'm still
pretty favorable. I think it's it'd be pretty difficult to
drop back down to the below these levels, but if
it does, I'm ready for it.
Speaker 3 (21:28):
I won't lose money. That's all I way to trade it.
Speaker 1 (21:30):
At end of end of year right now in AVAX,
if you're holding that fifty percent of that bag right
now on that particular trade that we made here on
the show, where would you would you play this out
to the end of the year or look for other
exit points.
Speaker 2 (21:43):
Well, at this point, the almost way I see it is,
I'm playing with house money now. I've locked in my profits,
I've locked in no loss whatsoever, So I'm gonna let
this one play out and if I hit forty I
think it's like forty five, seventy or something.
Speaker 3 (21:56):
Is my official take profit too. If it hits great.
Speaker 2 (21:59):
If it does, okay, I told it before, I'll share
my screen again.
Speaker 3 (22:03):
This was just my shorter term target for Avax.
Speaker 2 (22:06):
Of course, the question then becomes on the longer timeframe,
can we smash above this descending level resistance up here?
And then all of a sudden, you're talking about another
long position where you're looking for profit somewhere in the
world of one hundred and fifty dollars that I'll enter
a brand new trade.
Speaker 3 (22:21):
I'll let this one play out.
Speaker 2 (22:22):
I would expect X for Avax to get up here
and have some consolidation and give me some time to
re enter after taking profit, and then I'll probably look
for a brand new long to trade all the way
up here again. Guess what I'm gonna put my if
I were to enter somewhere in this camp right here,
I'm gonna put my take profit originally up there, and
I'm gonna put a little take profit one some are
right here in the middle. Just secure that gain, make
(22:44):
sure I don't risk it all and then not get
anything for good. TA make sure my TP won is
somewhere in the middle.
Speaker 1 (22:49):
There there you go. Just to look at the DEX
volume right now, dex volume is climbing on Avax. In fact,
if you look here, Avax flip hyper liquid right there.
So good decks volume at least in the last twenty
four So maybe this is a good sign because this
could point to some more action on I'll tell you
this for sure.
Speaker 2 (23:08):
I'll tell you this, Paul. I'm more of the TA guy.
Right we have a whole team though. At our group,
we have a guy named Crux the Crypto. He's our
fundamental expert. He did a video on his channel and
he was comparing Suie and Avax, and people know, if
you watch me, I'm big on Sue.
Speaker 3 (23:21):
I like Sue Yep.
Speaker 2 (23:23):
He went into the whole video thinking his synopsis was
going to be, hey, guys, both good, but Sue's better.
Speaker 3 (23:28):
In all of this stuff.
Speaker 2 (23:29):
He studied about what Avax is doing, the adoption coming.
He said, right now, Avax is clearly the much better
investment than suey from a fundamental standpoint.
Speaker 3 (23:39):
What the future looks like.
Speaker 1 (23:40):
Well, that's a big deal because you look at what
Anthony Scaramuchi is doing with this new dat digital ASCID treasury.
He's kind of like a Tom Lee type. It's very
possible that he could pull through some volume. Again, this
is all timing in where the market is right now,
whether or not we see it. But Avax has been,
of course coming off an extreme high of where we were,
(24:03):
you know, at the at least the most recent local
highs to where we've come back down to on Avalanche.
So very very positive on Avax. Let's take a look
at another move that could happen right now, and that's Solana.
I had Matt Hogan on the other day. He's like, hey,
it's Solana season. Q four is Solana season. Solana has
(24:23):
retraced back down to around two hundred bucks. Is this
an entry for Solana for you right now? At least
on a local trade?
Speaker 3 (24:32):
It is very good support. I'll show that one.
Speaker 2 (24:34):
This is when I remember being on your channel saying, hey,
the downside of these rising wedges. We could have rejected
right here on two seventeen and then pulled back pretty far.
Like back then, I think we had like one to
sixty one to seventy as a target to downside, but
instead Solana had a nice boost the upside. By the way,
remember I was showing other coins as well. Solana's chart
does not look like bitcoins, or like ethereums, or like
(24:56):
chain links. Solana's had a very good run even right
now now. And what it did here more recently is
it pulled back down back into the formation. But it's
looking like we're getting a pretty decent little bounce here
around a zone that at one point again back here
in September, we actually shorted it successfully in August on
the twenty ninth, it broke that resistance. Are we now
(25:16):
using that same zone as support? I think there's also
just like everything else, you know, you had this daily
cell signal back in here after breaking up to two
point fifty, we came back down. We touched that daily
support level right there. So I think this is a
by signal for sure. I would tell people just to
be a little cautious and say, hey, when you look
at liquidation spots and you know that we're in a
world of manipulation, two things stick out to me. Two
(25:39):
places stick out to me right here around one ninety
five two hundred lot of bright green spot stops threatning there.
And then the other big one is gonna be back
down there at again. That target one seventy three, I
think that's the one we named before. There still is
liquations down there. Manipulators can crush spirits, like I think
we're in a world right now where people are bullish
(25:59):
right now.
Speaker 3 (26:00):
You even your poll.
Speaker 2 (26:01):
I ran a poll very similarly, people are still bullish.
Sometimes manipulators crush your soul before the next rally. That's
what we saw happen early this year. We saw in
the summer or twenty be four. And listen to the hindsight, Paul,
those weren't the ends of the bull markets, but it
sure felt like it didn't it. Yeah, whether that happens
now or later this year or early next year, I
(26:22):
just want people prepared for this. When you're in a
market that's manipulable and crypto is, you will have seasons
where they crush your soul. Be prepared for soul crushing.
Speaker 3 (26:31):
And buy those dips. Don't get surprised by it.
Speaker 1 (26:34):
Hey, dam I got one more question for you before
I let you go. Sure, Avax or Soul, what do
you put in your play in?
Speaker 2 (26:41):
Yeah, so it's funny you say that's the question, because
I was just telling you how I was a sueye
guy over Avax about until about two three weeks ago,
and then our fundamental guy did some research. He said, me,
in Avax is the play. Let me let me wrap
up what I've said on the show before. I'm almost
always going to give the initial vote of confidence to
the coin with the smaller market caap as long as
they're both quality products. Give me the smaller market gap
(27:05):
eight out of ten times. But again, with the recent
surge in Avax, not just price wise but in adoption circumstances,
this was a coin that was disappointing for most of
this bloolmark so far, people were kind of checking out
on it. Now the whales have kind of said, all right, fine,
you don't want it, let us have it. They're building
it up, they're building their relationships. It's got a treasury
(27:25):
now coming for it. This is not an insult to
Solana whatsoever, because I still like Solana. Avax is a
hot project. Buy it while you can at cheap prices.
Speaker 1 (27:35):
Yep, there you go. All right, man, listen, Tim, it's
good to having you on the show. Thanks again for
stopping in. We'll definitely have you back. We'll break down
some more as the markets continue to heat up. Thanks
for coming in, absolutely, thanks for having me, Paul, You
bet all right. So you guys get in on the
Diamond Circle. It's our own private group that you can
take part of and it's free. We leave a link
down below. Of course, all you have to do is
(27:56):
click that you can join. And number one thing to
do right now, take some time, subscribe to the show,
and then of course follow me out there on X
at Paul Baron. We'll catch you next time right here
on the Paul Baron Show.
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