hello gurus welcome to another episode hope you're having a beautiful day magic craft nft mint went
live today publicly about three hours ago it's going to be active for the next few hours so
make sure you jump on it hit the subscribe button join seventy four thousand people smash up thumbs
up button then link to magic craft mint is down below we're going to look at bitcoin we're going
to look at ethereum we're going to look at lunar the technicals and see what they're telling us
in the charts i'm going to show you my trades as well let's jump into the technicals for bitcoin
now we're going into the technical i've been bullish all day and that's paying off because
bitcoin is getting quite a strong bounce here we're going to the four hourly charts squeeze
mob is still going to the green side we're getting a big pump up in volume stochastic is i teach you
how to do this in the crypto core stochastic is heading up um squeeze mob is going green
and rsi is heading up so it's actually looking bullish on bitcoin on the four hourly this was
the long that i opened earlier today um we're slightly in the profits open the
three long at 29 nine stop loss was at twenty seven thousand four hundred take profit is at
thirty four thousand and that long is currently active right now so i'm currently long in bitcoin
um with the same trade why because we've got an inverse head and shoulders shoulder head shoulder
and i think the target will be around 34 000 for bitcoin if that plays out as i teach you in the
crypto master course you can learn technical analysis and that will be an inverse head and
shoulder so this is i talked about this in the previous video but you have short left shoulder
then you've got the head then you've got the right shoulder and then if this breaks the
neckline the target will be the base of the head so this distance here as i talked about in the
previous video taking us towards this target of 30 just under that actually but it'll be around
30 34 000. ema ribbons we're still below the ema actually let's see how we're doing we're inside
the ema ribbons now let's see if we get rejected we've been getting rejected so most likely we
will um vpvr we've got a lot of resistance up especially at the 31 000 crypto guru bought still
showing a cell hasn't flipped to a buy bitcoin indicator but still showing that buyer from before
and that's still active on the hourly stochastic is heading up and still bullish rsi is also
heading up still bullish and squeeze mob going green the only thing volume is very low today
but we seem to be holding here i think sellers are exhausted on bitcoin i'm going to show you
my trades um underneath this video if you want to trade like you're seeing me do you sign up to buy
but you get 4 600 us dollars in bonuses when you sign up and trade bitcoin once you click that link
and you sign up it opens the trading software nordvpn if you have any country restrictions
the links in the description and comment you'll open this software i've got in this account 198
650 dollars um which is beautiful 198 000. in here i've got busd 79 000 bit 45 000 it's up one
percent um bitcoin i've got one bitcoin up two point three percent crv up seven percent today
twenty seven thousand which is beautiful that's what i'm holding my bitcoin long is currently
up three hundred and thirty eight dollars eleven percent um it's a fifteen thousand dollar trade
which is nice that's my trade let's look at now ethereum so again if you haven't opened along yet
i would be opening the long i would still be going long on this inverse head and shoulders
opening it where we are right now take profit at 33 800 stop loss below here
um so 26 200 take profit at 33 000 actually i would make the stop loss tighter because if it
breaks down beneath here so i make the stop loss twenty seven thousand seven hundred so this is the
trade that i'll be taking on bitcoin um stop loss twenty seven seven four six take profit would be
at the upper end of this thirty four thousand so risking two thousand two hundred to make
four thousand seven hundred on leverage 10x leverage would be forty seven four thousand
seven hundred now let's look at ethereum and then luna because that's the most requested
luna is very difficult actually i just bought luna purely because i think we could be bottomed out um
in case they do have a recovery but it's pretty much just the gamble so i won't do ta on that
because there's not much to see we had a big support on ethereum the major support area is
1730 and i talked about that when ethereum was still back at 2000 or 3000 and people like no
way but we actually came down and hit it very quickly 1820 is now a major support for ethereum
we've got a big bounce with a lot of volume um let's check out the stochastic
on the daily stochastic is still it's oversold heading up rsi oversold heading up squeeze mob
is still red it hasn't turned gray yet on the let's see what um crypto group what is saying
crypto group what you get in the master course still showing a cell bitcoin indicator bot
is showing a buy on ethereum um on the four hourly we seem to be getting a bottoming formation but
that actually looks like a bear flag on ethereum um stochastic is going to the green side
this is a major support where where ethereum bounced off through so this is a major support
line a bit difficult to break it why because we had here you can see one touch two touches three
touches four touches five touches six touches so most likely we're going to get a bounce in
here if ethereum breaks the next major support for ethereum would actually be down here at 1
500 547 so we really need to get a follow through on this big spike up in volume
let's go into the four alley on the four hourly we're getting it is still making
let's see if it broke out of this downtrend on the four hourly ethereum did break out
of this downtrend so that's good news um let's go into the hourly on the hourly
it's in a range a pretty tight range between 1 800 and the top of the range thousand one hundred
so about a three two hundred dollar range it's not making inverse head and shoulders on bitcoin
so most likely ethereum is going to get rejected here and come down to eighteen hundred
and twenty eight that's eighteen hundred 1820. so i think ethereum could be dropping here
unless we get a big spike in volume my target will be it's forming an m pattern 1 820 that's
what's happening on ethereum so that's a quick update on ethereum and bitcoin again if you
want to trade using this link buy a bit down below four thousand six hundred dollar sign ups
um magic craft mnft collection is live if you go to magicraft.io it went live um the genesis
collection you can buy the nfts you can see all the rarities there's one percent legendary 10 epic
89 rare utilities unique spells skills and abilities access to realms events
and raids access to additional summoning portal features so this is the magic craft um mcrt token
which you can find on queen market cap and read about this project it's the play to earn game
that's being built right now and it is live right now there is a small trailer of it let's play
so that nft collection is now live magicraft.io and then you can go here
buy nfts and then you can connect your wallet and then mint the nfts
it is now active to the public so those are my trades that's my thinking in the market
ethereum i think we'll pull back a little bit let's see what happens with bitcoin but
i'm bullish bitcoin i'm currently long hit the subscribe button join 74 000 people smash up
thumbs up on it this is james from crypto guru and i'll see you all again tomorrow