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>> Hey folks, Nick Valdez here, chief
crypto strategist at Verified Investing.
And today, let's talk crypto. And then
at the end of the stream today, I'm
going to tell you my exact level I'm
selling my largest altcoin holding. This
is not clickbait. I will tell you the
exact level and my exact reasoning
behind the move, everybody. Let's go
ahead and jump into the Bitcoin chart.
Cuz now we're starting to see a fresh
push to the upside. Look at that daily
candle looking nice, looking green here.
We go to the 1-hour, you can see Bitcoin
pushing up 1 2 3 4 5 6 hours in a row.
Let's talk about some key levels of
resistance. Now, you can see the RSI
starting to get a little bit oversold
and now pushing down slightly. However,
last time we saw the RSI get oversold,
we were kind of potentially setting up
some hidden bearish divergences where
the price was skyrocketing to the upside
while the RSI was largely flat. And then
you can see this wick right here, this
peak right here. The candle bodies
closed higher while the RSI was lower.
But let's talk about this resistance
level, this green box that I have mapped
out here. This is looking at the the
wick low, February 6th, and to the peak
right here. And this to me is going to
be a key level for Bitcoin to overcome
before we can turn bullish. But folks,
we are starting to knock on that door.
Let's look at Ethereum.
Ethereum had a nice little wick in
November, and then it pushed up to this
level again in January. And if you look
here, that's exactly where we're
starting to see some resistance
currently. But look at this daily candle
trying to get into this area. As if we
could push this,
get above, turn it into support, that's
when you're really going to start seeing
the altcoins move. In my opinion, we
still need ETH to pump before the
altcoins could really have their
glorious day in the sun. I mean, in the
sun so hard it gets sunburnt, folks. In
fact, you might even want to squirt a
little suntan lotion, put it in your
favorite ticker. Now, let's look at XRP.
We gave you this level. Put it out for
free on verifiedinvesting.com.
This was on I want to say it was 5 days
ago, roughly, and I said keep an eye out
on this range right here. This is the
50% Fibonacci retrace. So, what is the
Fibonacci retrace? Let's go ahead and
remove this and we're going to hit this
button on the left side of TradingView.
We're going to hit that and we're going
to go to the bottom
and then we're going to move up
and you're going to be able to see the
50 level. All we got to do is go into
the settings, hit the the five right
there, 0.5, and then all these are going
to be different Fibonacci levels. The
236, the 786, the 618, the 382. These
are key levels for you to pay attention
to and you often times see some moves in
that range. You go to the 4-hour, you
can see how perfectly it kissed this
level. But, what's this yellow trend
line? What is this? Well, folks, that's
the horizontal pivot. You see the low
right here and then we rejected here in
May. Now, let's go into Solana. What is
the next resistance? Well, first, what's
the next support? Look at this peak here
to this peak here and then we have
Solana getting a nice little bounce from
this area. But, what's the resistance?
All right, so we're going to get our
horizontal line
and we're going to look at this area
right here. So, this is the wick low.
Also, uh in December
2025, just like we saw a low in Ethereum
in 2025, this is going to be in
November.
We saw low in XRP. This is going to be
in February, but we do see the wick low
here on October. Solana's low was
December. So, we see October, we see
November. Solana, we see December and
then this is going to be a key area.
This to me is going to be the next
resistance. So, if we can continue to
keep this area as support, keep an eye
out on this range right here, 116
on Solana. Let's look at Cardano.
Want to talk about this resistance flip
to support. So we're going to move this
trend line into this wick high. And then
let's look at the area right here. This
is also another setup we gave you on
verifiedinvesting.com.
It's a free charts that we put out. We
put it out on the daily charts. Put it
in the technical analysis and insight.
verifiedinvesting.com There's going to
be a link down below. It's all for free.
I put out those levels. I put out my key
Basically my key entry points for a lot
of my crypto trades. And then I talk
about them further on Bitcoin revealed.
And if we continue to move, look at
that. That is just a beautiful beautiful
beautiful little bounce right there. So
Sunday it came in and found just awesome
support there. And I mean, folks, this
is this is just a textbook bounce right
there. So keep an eye out on Cardano cuz
Cardano found its support. And so are we
going to have another leg up? Just look
at that move right there. We can get our
measuring tool.
Cardano had a nice little 50% pump. 50%.
I did miss my little bit of an exit
point selling right then and there.
I just, you know, wasn't there, but we
did sell. We took some profit on Cardano
right in this range. This was going to
be on the Sunday. Now let's look at Sui.
Sui also has a nice little trend line
finding some support. You see the wick
here. wick here. And now I'm watching
this key level for a potential area for
a bounce. But we did have another major
altcoin with some another another major
move. That was Monero, XMR. Now there's
reports that there are countries that
are blacklisted from the US financial
system. They use Monero to interact. And
we saw a lot of escalation in the Middle
East. And then we saw Monero pump. Could
be a coincidence, but I like to put on
my tin foil hat and say, "Hey, you know,
maybe there's something there." But,
what's the level for Monero that I'm
going to be watching?
We see the wicks here. You know, we we
bounce against it, bounce against it,
bounce against it. Uh found a nice
little rejection point right here. This
is in May. And if you continue to look
at this ascending resistance line, I'm
watching this key area. And also this
kind of uh you know, remember we were
mentioning Fibonacci's? Kind of just,
you know, pretty close to the 618. So,
if this continues to climb, we will soon
have double resistance. I'm looking at
597 for a Monero short. But, Monero, you
got to be very careful. You got to use
some stop losses. This thing really
likes to pump, but it also really likes
to dump. There's just not as much
liquidity given that is uh it is a
privacy coin. So, it's a little bit
harder for exchanges to list this coin,
meaning there's just going to be less
buyers and sellers on either side of the
tape. Now, let's look at TAO, BitTensor.
I want to show you this key level here.
So, we're using the ray. There's no
hiding behind the ray. And so, what
we're going to do is we're going to go
in from this pivot high to this pivot
high, and then we're going to
fast-forward to today's price action.
And let's see, where does it land? Where
does it land?
Oh, look at that. Another nice little
bounce. This kind of reminds me of the
Cardano chart here. And so, TAO has some
pretty good support. So, if you're a big
fan of BitTensor, you know, you you like
the AI narrative of this altcoin. It's
an altcoin that essentially has
different subnets. And these different
subnets are kind of like AI brains or AI
swarms. So, subnet one does something
different than subnet two. One might be,
you know, a large language model, but
the next one, you know, maybe is
potentially making graphics. Maybe the
third one is making, you know, AI songs.
Maybe the fourth one is just, you know,
kind of harnessing different agents. So,
there's different subnets on BitTensor.
So, it's a pretty interesting project.
But, it's it is one that, you know, I
have gotten out of lately. We did take
some profit on that one. But, now let's
talk about my favorite altcoin, my
largest altcoin holding, and this is
where I will sell. There's no hiding
around this one, folks. In fact, I might
even do the ray. Let's not hide behind
our levels. So, we're going to go into
the peak here. This is basically when it
peaked very, very early. There was an
airdrop.
Had a nice little rally, nice little
pump, and then it kind of fell, folks.
But, we're going to come in, and we're
going to hit that next peak right there.
And so, this is going to be when it had
a nice little pump, basically to 60
bucks. Then it fell all the way to 20
bucks. And this one originally likes to
kind of trade around multiples of 10.
This is 10 bucks. So, 10 bucks, 20
bucks, 60 bucks. Where else I saw a lot
of activity, what's that? 40 bucks. It's
just kind of what you see with
HyperLiquid. Where did it first find a
little bit of resistance? Right under 80
bucks. And now, if we look at it, this
to me is going to be a very, very strong
level to take some profit. Now, I said
I'm selling I'm not selling all my bag.
I'm selling some. I'm definitely going
to take some profit on HyperLiquid. To
me, this is definitely a long-term hold
for me, but it is a, you know, at the
end of the day, you don't hate it, you
don't date it, you trade it. I don't
want to be married to my bags. I want to
take that profit. And guess what? If it
comes down, I'm going to buy more, and
then I'll even have more dry powder on
the sidelines, which then enables me
more HyperLiquid tokens. I'll end up
with more hype, and then I feel even
more hype. And I'm going to be hyped if
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We're putting out a lot of free content
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the weekends. I'm Nick Valdez for
Verified Investing. Appreciate you
sticking around to the end, as always.
I'll see you folks in the future. Thank
you.