Hey folks, Nick Valdez here and today
we're going to talk about the major
movers that we're seeing in the markets
because we have Bitcoin breaking out. We
also have Coinbase and Robin Hood having
some major moves and not only that,
Netflix is falling and SanDisk is
starting to push up. So, we have seen
some major major escalations with some
of these crypto prices, but it hasn't
translated to every single stock. And
oil also coming down sharply, but we are
heading into the weekend. So, let's go
ahead and dive into the charts. And yes,
I don't have the tie on today. It's
casual Friday. I got the Stanley,
Florida vibe going on today, but let's
look at the Bitcoin chart. Now, first
thing I'm looking at here is we are
trying to break out of this parallel
range. And if you look, this is all the
way back where we established the bottom
in February. We established the top in
May of 2026. And if you extend it
backwards, we also find that it gave a
little bit of support to this area. And
the fact that we bounced there, rejected
here really gives this parallel channel
some weight to it, some some strength
behind it. But you can see we wicked out
above. And if we can manage to close
above and maybe confirm that we are
trying to break out, what's the level
that I'm watching out? Well, at least
for in the near term, I'm talking about
this range right here. So, if we go to
the February wick and to the May high,
that gives us our little bit of
resistance zone that I'm paying
attention to. And if we continue to draw
this out, you'll see we are now touching
this level. But we got to break out of
this range, confirm above and then and
only then will I start feeling bullish
at least, you know, confirming that to
me the bare market is over and the bull
market is back on. But this has
definitely translated to some other uh
indices as well. We've seen some strong
strong moves with some cryptoreated
stocks. And speaking of cryptoreated
stocks, well, we have a stock related
crypto and that's Hyperlid. Hyperlid
wants to bring everything onchain. It is
an altcoin that, you know, it's one of
my favorite altcoins for sure. Is my
largest altcoin holding. I have a level
for you folks. Hyperlid hit a brand new
all-time high. And I want to talk about
this level right here. This is when the
coin first came out. We established a
nice peak. We end up falling. And then
we had another peak later on uh the next
year actually. And if we continue to
draw this out, you'll see, wow, what do
you know? We are rejecting against this
level right now. We actually opened a
short. I'm going to talk about that on
Bitcoin revealed. Got a short, closed it
in profit because you know with crypto
moving like it is. You got to be real
careful folks. Let's talk about micro
strategy. There is a level that I'm
paying attention to folks. Now we have
this nice little trend line here. We go
to the bottom in February of 26 and
you'll see that we hit it right here.
Also found nice little support right
there. I'm watching this range for a
potential rejection on Micro Strategy if
Bitcoin does continue to push up. And we
have this gap fill that you can see
where we closed right here. Sorry,
rather we closed right here. This is
going to be the 22nd of May. And if this
continues to extend these two lines
start to intersect and so that's going
to be right around 164 to maybe about
16. So about a $4 range I'm looking at
for some strong resistance on Micro
Strategy. But be careful trying to, you
know, bet against the Bitcoin crowd
because when Bitcoin starts moving,
well, Micro Strategy is going to start
moving. Now, let's talk about oil and
then we'll look at some stocks, folks.
Oil pushed down pretty heavily today.
You can see it opened much, much lower.
Did push up a little bit higher, but
just me, you know, prepping for the
show, I saw this go from the green into
the red. And if we go to the 10-minute
chart, yeah, you can see pretty sharp
pullback just in the last half hour or
so. Let's go back to the daily. We're
kind of getting pinched between this
little bit of a wedge pattern where we
have the two peaks right here. Also
rejected right there. This establishing
itself as some pretty strong resistance
and we have some pretty strong support
to the downside. And so keep an eye out
on this wedge pattern as oil basically
chops around within this range. Now,
let's talk about one of the stocks that
has fallen pretty heavily, folks. That's
going to be Netflix. Now, Wells Fargo
ended up cutting its guidance for
Netflix. Gave it a lower entry there.
But, let me show you something here,
folks. So, we got this February 2026.
What am I alluding to right here? Well,
let's move this horizontal line down.
Let's look at the little pivot low
there. You can see, you know, basically,
you know, found a little bit of a
intraday support at least, you know,
pushed up higher, then ended up closing
right here and then opened much lower
today. Well, let's go back February.
Look at that, folks. So, this
established itself as strong support.
Uh, kind of did chop around this range
for a little bit. You can see it
rejected, rejected, rejected several
times, rejected again, rejected again,
now acted as support right here with
this daily candle. I wouldn't be
surprised if we got to retest this, you
know, maybe get a little bit of
rejection here. That's going to be right
around $75. So, pretty close to a
psychological level as well for Netflix.
Let's look at SanDisk.
SanDisk, I want to point out a little
fib level, and I'll show you how to draw
your own here. So, we have this
descending trend line. This is going to
be from the peak in August 17, and then
we also hit it uh in September, the 8th,
and the 9th. That gave us this slightly
descending trend line. But if you go to
the left side here on trading view and
you hit your fib retracement tool, we're
going to come in from the top and we're
going to move it down. So the way you
move a fib is you kind of go
chronologically. So I wouldn't start at
the bottom and move it up because this
happened first. So we start here, move
down. We're going to go to the bottom
here. This is going to be our little bit
of our fib retracement level. And look
at that. That is right there at this
peak right here. So if we break above uh
we have a little bit of extra just say
strength going to be pushing the price
down here. So we have a pivot top and we
have a 618. Now it did test it already
but it might be coming down for a second
test on that 618 or pushing up into that
618 level. Now I did talk about some
cryptoreated stocks. We have circle
moving up moving up strong. Why? because
the SEC gave the green light for
tokenized stocks. And that in my
opinion, that's why we're seeing
Hyperlquid at an all-time high. And
that's why we're seeing Circle. Now, in
the live day trading room, I talked
about opening some Circle options. Me
and Drew pulled the trigger basically
right here at the bottom on this daily.
I closed it today,
180% in profit, folks. Major major move
there. was about a 30-day expiry,
meaning that that option was expiring in
about 30 days. And I didn't even do
anything crazy. I think I did just near
$100. But that jumped up incredibly,
folks, because I was buying the fear and
selling into the greed. And also, you
see this descending trend line. To me, I
I could hold till Monday. To me, take
the money and run, folks. You don't go
broke. Take a profit. This to me is
going to be a strong area of resistance
for a circle. It's going to be right
around $98. Plus, we're going to have
the $100 psychological level. Let's look
at Robin Hood. Robin Hood, a pretty
interesting chart here. That's Vlad
Tenev. Uh he's going to be on CNBC later
tonight. He's going to be talking about
tokenized stocks, talking about the
SEC's push. I wouldn't be surprised if a
lot of retail, you know, ends up wanting
to get some exposure to Robin Hood. It
is a, you know, larger stock holding of
mine as well. But we have this ascending
trend line starting September 5th. You
see we found a little bit of extra
support there that established the line.
Couldn't confirm above. Tried to push
above but could not close above.
Couldn't open and close above. I mean
and then we pushed down again. Pushed
down again. That's going to be right
around 127. What's interesting about
that is we have a bull flag target. The
way you measure a bull flag is you have
your pole, then you have your flag. And
so the measurement would be from the
breakout. And so if we go straight to
the right here, that's going to be
really, really close to this 127. So
maybe keep an eye out on that over the
next seven days, folks. And then let's
look at Coinbase.
I'm liking this, folks. Might have a
little bit of a megaphone pattern.
Megaphone patterns. Uh, you know, when
they point up, slightly bearish. When
they point down slightly bullish. This
one's kind of neutral. Kind of neutral.
So, uh, let's see how long we can end
up, you know, chopping within this
megaphone range. So, hopefully from the
megaphone, you end up seeing some nice
entries on this. Make sure you hit that
like button. I'm putting a lot of my
setups on verified.com.
We have an app, we have Apple, Android,
and a pretty cool website. Tons of free
content, free articles, free chart
setups, uh, free alpha actions, like,
you know, breaking news type of stuff.
So, go check that out. There's going to
be a link down below. I'm Nick Valdez. I
appreciate you sticking around to the
end. Let me know down in the comments
section what you want me to cover,
especially on Bitcoin revealed. And
folks, I'll see you in the future.
Appreciate it.