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>> Good afternoon, everyone. My name is
Jake Sweeney, pro trader here at
Verified Investing, and welcome to my
pro charts crypto video. Today, I'm
going to be diving into Bitcoin,
Ethereum, Zcash, a lot of the high
movers for today, and finish off with
some XRP and Cardano. Those will be I'll
looking for I
big uh key levels I want you to isolate
down, and then some big-time trend lines
that I think is halting price or going
to keep halting prices it should
continue moving for further.
The big news of the day is that crypto,
the Clarity Act is back in focus.
September 14th, that is coming in today.
Tomorrow, they will be doing a vote and
looking for bipartisan support, I think
60 votes,
and what this will do is if this passes
tomorrow, this will open the floor for
the Senate to debate crypto moving into
the midterms.
If this preemptive vote gets shut down
tomorrow and doesn't get bipartisan
support,
I believe crypto and excuse me, not
crypto, the Clarity Act will be out of
focus
for the remaining of the year. So, this
is huge for crypto for tomorrow.
All right, just want to make sure you
guys are key and understand and you're
clear on that.
Now, let's dive into Bitcoin first and
see you guys what chart what levels I'm
looking at. Okay. So,
I'm looking at these the down sloping
and the up sloping trend lines first,
and then we'll go into the horizontals.
So, I one I have this down sloping trend
line from October 27th, 2025, two hits
here,
and it comes right into current price
action here
with a one hit,
two hits, three, four, and today
we Excuse me, we were unable to get as
high to test this trend line and coming
in. Although it's said we're having a
great day.
But and then even with this pierce here,
we were able to pierce here above, but
we did not have confirmation above this
trend line. The proceeding day, this red
candle, we closed well above and then
the next two days we were unable to push
above it.
So right now, this is the biggest thing
hanging overhead on Bitcoin or is this
down sloping trend line and with us
repeatedly testing it sooner than later
probabilities favor a push to the upside
at least past this trend line and should
give us a chance to challenge this
80,537
low wick low tail here from this candle.
And I put that in the levels the next
kind of level to take out as price got
up here but was shut down and here we
were able to get up past this horizontal
trend line, but we came and closed well
below. So just as these two candles
here, we're looking for a candle close
above this 80,537
level here.
With that, we also have this up sloping
trend line and now that's from this low
pivot from February 6th, 2026
cutting through these tails here
and then right here getting one, two,
and a third hit cleanly from the wick
highs here.
So should Bitcoin get past this 80,000
537 level, there's going to be some
confluence resistance here as
well, not only have to take
take on this up sloping trend line,
this will also be correlating right with
this pivot top here at 82,833.
And this low candle wick at or tail at
83,432.
So, if we get past this 80,000 level,
this confluence resistance in this 82 to
83
thousand range will be the next
resistance to take on for Bitcoin.
All right.
As Ethereum Ethereum continuing to push
up as well in this great wick that we
had from this
um from last Friday's price action on
September 11th, that first this
down-sloping trend line is the the level
to beat.
So, if we go to here first,
it's from this high pivot here from
uh or from this wick high here December
10th, 2025.
Getting these wicks right through here
as this trend line. Another one hit
here. And then before we even get up to
challenge this again, now we're going to
have to take on these two trend lines
here.
So, a lot of resistance coming into
these into this consolidation here.
So, first
there's this trend line here from March
15th, 2026.
Getting the top of these wicks here.
And then just hammering on it. A few of
these wicking through but closing well
below.
As this trend line now has upwards of
about 10 hits. Probabilities favor a
move higher from here.
And then with this trend line here
getting these tails
this is where it flips to resistance.
So, since right here this trend line is
now acted as resistance and we fell off
and now coming back again
looking for a candle close above these
two trend lines that are coming into
stacking right on top of Ethereum.
If we come back down, we should have
some near-term support at this high
pivot 2,386.23
for Ethereum. So, look for these trend
lines to break to the upside.
All right, Zcash. This one has just been
straight vertical the past couple weeks.
Today having a great day up 12% as we
fell sharply over the weekend.
And right now, that Friday high
we got to take out this 1219.
Looks like we were coming up there
today, but we were not able to challenge
that.
So,
when [clears throat] it comes to steep
price action like this, I see I kind of
have a few trend lines here.
So,
these straight steep vertical ones, this
is like a upsloping wedge pattern.
This from this low here, we have 1 2 3 4
5 hits, and then here three hits from
these wick highs.
So, this kind of upsloping wedge pattern
is going to continue to coil and should
after it continues to coil
relieve a bearish signal down to the
downside. Now, how low can this go?
Well, as it consolidates here, it also
could be printing in
some higher lows.
So, now from here, I have these trend
lines
which is So, from this trend line right
here on April 9th, 2026
as a polarity flip, then gets price
rejected here, we come up, price rejects
here
and continues on higher. So, what I'm
saying with this is these are kind of
early trend lines right here in that
that lane. But what I would see is price
for it to come down and if it kind of
has a new kind of higher base of support
and could continue on higher for Zcash.
Ultimately, if we continue to push up
towards this 1251 and 1297
uh wick highs, I do expect some pullback
here if we have a sharp move into that
level.
All right, looking at XRP next.
Today having a nice day, up 8.6% today.
Um
right now big resistance at this 14758.
A couple times now, right here we were
not unable to pierce it, just kiss it.
And now right here on September 3rd and
today we're now piercing this trend
line.
So, should we continue to
pierce it, this
horizontal favors a move to the upside.
So, if we can break this level,
the next main level, the next major
level is going to be this 15501
level where in late August we were
pushing up but getting shut down from.
Those would be two resistance levels
near term for XRP.
Right here and here.
And to the downside,
as I was saying I think last
as we covered this last week,
price down here on last Sunday,
or excuse me, on Friday, we did not get
down to this 130
support level. And even here we made a
higher low, even though it's subtle, but
good bullish sign to see for XRP.
Now, should we do come back down here
and we break below this 1.30 support
level, Now, we have this trend line that
we broke out of
and we bounced off as support
the support support trend line anywhere
from
124 to 121
on this down-sloping trend line should
give a bounce for XRP.
And guys, to finish for today, I'm
looking at ADA Cardano.
And right here, trying to put in some
higher lows here as we're starting to
get away from this parallel channel.
And we've been starting to hammer on the
upper boundary of this parallel channel
more than the boundary than the lower.
And also, as you can see
even in the middle of this trend line,
this dashed of the parallel channel, you
will find support there.
As I can see this here where right here,
we're wicking into this as resistance
and then we flip to support.
And we keep fluctuating around this
middle of this trend line. So, look for
this level to continue to give support
for our Cardano.
To the upside, we're looking at
this low tail here at 22.221
will be the next main resistance for our
Cardano and then the top of this red bar
candle that we were wicking into several
times but could not have a daily close
above it. And that is at 0.230885.
Those are your two resistance levels for
Cardano coming up.
We're looking to find some support at
the middle of this trend line.
And as this trend line continues to go
um as this parallel channel continues to
grow
hopefully
or we should have some support here at
this 199779
level if we come back down.
And then to the lower boundary of this
channel as it continues to grow, and
what you could do is kind of
oops
is kind of stretch it out like so.
That way as it's continuing higher, if
we break below this
we could not even get down to these low
pivots. We could have higher lows coming
into this lower boundary here.
All right, guys. Thank you guys so much
for joining me on my crypto video today.
I hope you guys got some good key levels
and trend lines to watch for for the
select names we did, and don't forget to
leave me a comment below, and I hope you
guys had a great weekend. Thanks again
for joining me today, and we'll see you
guys for the rest of week. Take care.
Have a great week of trading. See you
guys.