Transcription
[Music] Hello everybody. I'm Cantonese Cat. Everybody, Cantonese Cat here. It's been a while since I made a public video. I just wanted to talk about the concept of palunteering and also go through about 20 different potential candidates that I have mentioned before and talk about what's going on now. Are we scared? What should we do?
The idea is that it's a it really hasn't been that bad. Honestly, I don't know why people are getting extremely fearful when honestly the market is pretty close to all-time highs when small caps look like they could be having a breakout when everything seemed like they are still holding levels and everything seem like they're still doing okay, but people are extremely scared not just of crypto but the overall market in general.
I want to show you this is the Bitcoin bull market from 2015 all the way to 2017. And during the entire bull market here, you have moves that went from 800 all the way down to 400. You move a monthly candle all the way from 1,200 all the way down to 800. This is not without volatility. You have basically price went from 3,000 all the way down to about 1,800. This whole bull market has been parabolic and the entire time has been causing a lot of fear.
The target that this market has ultimately made to was the 2.272 which actually I looked across a lot of various types of bull markets and 2.272 log fib actually tends to be one of those that are where things are topping. Sometimes it goes a little bit underneath of that. Sometimes it goes a little bit beyond that, but in general, when it gets to a parabolic bull cycle and when it hits the 2.272 area, it's not a bad area to start taking profits just cuz I see this across the board here. Also saw that the same thing happened with the Dogeish bull market last cycle 2020, 2021, Amazon cycle through 2021 as well. Um, I just keep seeing Nvidia just recently hit 2.272 last year and that was kind of a little bit more like a cycle top if you will. Um, and did nothing for a whole year. So, I think 21272 is actually a pretty important level here.
Now, the whole concept of poundering when I came up with it back in July was whenever you end up breaking a higher retracement level such as a 0.76 and 0.86, 86. Sometimes you build up a lot more acceleration and things just kind of get a little bit more parabolic afterwards. I saw a very similar character with Palanteer when it was around the 30s when it was kind between 0.61 and 0.786. Let me pull up the Palanteer chart here real quick and kind of show you what I meant by that.
When I was looking at the Palunteer chart and when things are just kind of stuck between the 0.61 618 0.786 and eventually was able to break through. It started around August or so. I thought that it was going to hit some escape velocity and it's going to make some all-time highs and it's going to get pretty parabolic. And sure enough, it did that right. It broke through 0.76 here and 0.86 here very convincingly. It just kind of went keep on going higher higher higher higher. Right now we're even at the 1.618. Right now the Ballinger band is still expanding. right now we could have potentially enough room to kind of go up to some of these higher FIB levels here still as far as I'm concerned because this is still a bull market and a lot of gains have been made over the last 15 months because of this breakout of these higher fib retracement levels of 0.786 and 0.86 and things just kind of went parabolic afterwards.
Now looking at this I really thought to myself a few months ago I was like hey you know is there any other stock here? Yes, I understand a lot of people are going to be criticizing saying, "Hey, um, you are looking at different sectors. They are different businesses. They don't really mean much if you just compare one to another." To me, I don't think so. I think liquidity flows, I think algorithms, all these things are very, very similar. And I think that all of these, if these are really truly risk assets, if they're going to go into more parabolic bullface, generally their technicals actually look very, very similar. There's going to be some variations in between, but I'm going to show you here in a second.
In terms of what I meant by that, one of the original Palunteering candidates that I had was Robin Hood. And Robin Hood really was a candidate as soon as I'm going to show you here. As soon as you really broke above the 0.786 and broke about the 0.86, I really started to think that Robin Hood was a pounder candidate really round here. When it broke the 0.76 and 0.86, I thought it was going to keep going and certainly has been keeping going afterwards for many, many months. And this is one of those that has potential to continue to go up on parabolic bull face. It's about to hit the 1.272 here, you know, at some point. I do think some of these potential targets up here could potentially be hit this cycle. And this is one of those poundering candles has worked out extremely well.
One that has not worked out so well is Coinbase. Coinbase has really been extremely stubborn and Coinbase has really been having a hard time really sustaining its breakout of the 0.8. 86. Although it broke about the 0.786 here with flying colors, it just had a hard time breaking about the 0.86 for whatever reason. Decided to consolidate here up and down, up and down. Now, you might say, what kind of level is here that's holding as support? Where are we consolidating between the previous all-time high and this level right there? Well, first of all, we don't have that quite have that bullish expansion because price has been doing nothing over the last few months. So, I'm going to turn off the bulling band here. I'm going to turn off the Ichimoku cloud. And on the Ichimok, you can see that there's a blue light over here that's been serving as support extremely well for a very long time.
I'm going to do a side-by-side comparison here between um the Coinbase chart here with the pounder chart. And you're going to see something pretty interesting here. And I'm going to turn off all this stuff and pull off the Ichimoku here. What I'm seeing here is I see a very very similar pattern where it's been hugging this blue and red line here. We call it a tenkin in the kitchen. We've had a little bit of a up and down of a rangebound kind of thing here which we did here for Palanteer. Although for Palanteer it just went a lot faster, right? Boop boop boop boop and it just had this bullish engulfing candle. It just end up tapping the uh the tang in the blue line here for about 3 4 months and then it just went up like crazy, right? Coinbase just been a lot more of a drawn out process. A lot more drawn out than I would like it to be. But so far it's been making higher highs and higher lows and it's been holding the tenant here as support. Very similar to this area over here and everybody in the 20s really wanted to sell when things went up. Everybody was scared. They wanted to take profits. But the reality is this was a launching pad. It has a very similar mythology where we at right now. I cannot say that Coinbase is the same as Palanteer as it was over here. There's no absolutes that I can really say, right? But the reality is I see a lot of similarities between this consolidation over here and this consolidation over here. And this whole area because it's been forming higher highs and higher lows very similar to here. It really does make me think that this is reaccumulation kind of like it was over here. Now ultimately it went a lot higher in this serve as a launching pad over here. So we'll see whether or not Coinbase end up doing the same. We don't quite have that bunch of expansion quite just yet. But we are still above the 0.786 which makes me hopeful that this is going to be a pretty uh decent stock and moving forward on a higher time frame. On a lower time frame I don't know what the heck it's going to do. I mean it's just been going sideways just been bouncing up and down and I don't know like I I can tell you you know what my thoughts are you know on a lower time frame but none of that really matters. It just back tested the 50week moving average and held it perfectly. Right now it's stuck between the 20 and 50. I don't know what I don't know what the heck it wants to do short term, but to me it doesn't really matter because higher time frame still has that look and I'm still, you know, relatively hopeful here for Coinbase.
Now, couple other ones I also mentioned to Tesla. Tesla did end up breaking above all these higher fit levels, right? It's making all-time highs is forming a third candle so far above the previous cycle high over here, which is not a bearish thing. It did break through the 0.76 and 0.86 six here with this green candle here which initially I thought that hey you know you're going to push up like that you're going to start getting a bullish expansion this thing's going to start poundering but instead because things have gone nowhere over the last 2 or 3 months you actually get a little bit of bull contraction here so I want to see a little bit more impulsivity here to expand a bullish event before I can say that Tesla is palunteering with that said I think this is still a relatively bullish stock.
Now another stock that has been palunteering that has been worked out extremely well is SoFi. SoFi is a stock that has broken above the 0.8 uh 786 and the 0.86 and it's been having full bunch of expansion here still to the upside and to the downside. Looks like it wants to hit some of the targets up above. It's just been having a little bit of a slow area here because all the other stocks, all the other um market, you including crypto, everything else is correcting except for SoFi. So is just kind of basically want to keep going up here with full bunch of expansion. This is a pretty impulsive look for SoFi. So I do think that some of these higher target ones 1.7 uh 272 1.4 and4 potentially and even 6.8 here potentially they might get hit sometime in 2026 maybe 2027 I don't know but because we still have a pretty strong bull trend I am still pretty bullish on SoFi.
Now another stock that I've also thought was pretty interesting and I do have a position in this is a firm. a firm I think was a candidate that I had originally but with the caveat that it has to break above the 0.786. Guess what? It has not broken above the 0.786 yet quite just yet, right? It is trying to do that but the reality is, you know, it's just consoling sideways and underneath the 0.76 and building up more energy. It's holding this level over here, right? What is this level that you're speaking of? What kind of level could it be? Well, let's put up the Ichimoku here again. You can see how it's holding the tank in here perfectly fine. You remember when I was pulling the pounder chart over here, it has a very similar morphology except this is more of a drawn out process that is holding the um area over here perfectly fine. Right? If you just overlay the fit levels even, you can see how there's a lot of parallel between the two when things are above the blue line of the tank and over here with a firm and how poundier was also holding that area over there. And you can see how basically it's happening inside the golden pocket inside the 0.76 and the 0.618 like it is over here, right? Very similar area over here. This could actually serve as a launching pad for it to make some all-time highs here. Maybe into 2026, maybe in 2027. We will see. But this is a slower um basically chart compared to what Palanteer has been doing. Uh but I'm still pretty bullish on a stock like a firm. I have to I have to be completely honest. When I'm seeing poundering candidates like this, when I'm seeing a firm doing what it's doing right now, consolidating under, you know, above the tank and looking like it's serving as a launching pad, I just don't think recession is coming. Um I just don't think a stock market crash is coming. Um I think there's enough liquidity to push things up a lot higher. Um because when I see a firm which is basically a very economic uh sensitive stock, I just have a hard time really seeing a firm doing well for higher highs and higher lows and with a recess with a recession coming and with a with the bull market like being over, I just have a hard time seeing that.
One that has captured a lot of people's attention here is iron. Why did iron push up so high and so fast? Because it's been rejected here and the 0.76 here for a whole year. And when it finally pushed through, it just went like crazy. Went all the way up to 1.272, right? You see how when it breaks the 0.76 and if it breaks above the 0.86, things just keeps going parabolic, right? Are we going to keep going up a lot higher? The answer is yes. Is it going to happen immediately? The answer is no. Why is that? Well, we are hitting a wall here at 2 at 1.272, which is a pretty important FIP level. We do still have a full bullish B expansion, mind you. So, this is still a very bullish stock. Now, the par the problem is we're hitting 1.272, which is a strong resistance zone. We're also way above the upper bullish band. We we even haven't really touched it last month, and this month we just been hanging out in space. double bon spend right now is around 50. If it goes down to 50, I think it's reasonable. But so far, it's just hang out in space.
Now, if you're comparing this with what pounder did, you know, when it hits the 1.272 and I can just basically show you um if I take off the Ichimoku here, and you can see how when it whenever it hit the 1.272, 272. You have a very very similar thing that happened here where you basically have one candle here that's just way outside the upper Ballinger band which is basically this candle over here and another candle over here which end up being green and pushed above the 1.272. I'm not sure if that's what was going to happen iron but basically what this candle did it basically tag the upper bungee band so it's not as overextended anymore and then it got a really extremely good reaction and just pushed it above the 1.272 here. Are we going to go all the way down to 50 and tag the bullish band? Possible. Do we get a good reaction all form a green candle over 1.27 was a month? Possible. Does that is that something that has to work out perfectly just like pounder did? No. Uh but I do think that right now we're a little overextended. It can come back and tag the equivalent band and close underneath the 1.272 and we might need a little bit more time to kind of push through that. But uh just kind of give you an idea in terms of what pounder did in terms of what iron is doing right now. I think it's a pretty decent comparison between the two, right? That is my sixth one.
My seventh one is unfortunately still hasn't really worked out yet is CleanSpark. Why hasn't Clean Spark worked out? Well, the reason why is because it hasn't really pushed about the 1.272. Well, sorry, not 72. It hasn't really pushed about the 0.618. Got rejected here by 06.8. Matter of fact, right, if we push through, then we would have had a bunch of expansion. Initially, it looked like it was gonna have a bunch of expansion here, but nope. we decided to go sideways and we have so far in November a little bit of a bearish engulfing candle over here. Although the month is not closed yet so I don't think that the candle necessarily would look this you know bearish but it is having bullish contraction here. It wants to build a little bit more energy maybe even go back to 0.618. I don't think it necessarily have to do that because it's holding the weekly um Ichimoku right here perfectly fine by the way. But I'm just going to go back here to monthly. I don't think it necessarily to go back to 0.7618 all the way. If it does, it's not the end of the world, right? Because it is having a hard time breaking above both the cloud here in 0.6 6786. Why is that? If it breaks above that, then it's going a lot higher. Then you're talking about some crazy targets like 1.7 1.272. You're talking about 100 bucks, right? We're not simply not ready to do that quite just yet. So, what do we have instead? We have a bunch of a contraction and we're still underneath the 0.786. We're still consolidating. was still deciding what to do. But with that said, I still think a potential trend change for it eventually. It just hasn't really happened quite just yet.
Another one is Galaxy Digital. What is Galaxy Digital doing? Galaxy Digital is basically still panel. The only thing that's really holding it back is is trying to break above the previous all-time high over here. Not previous alltime high, sorry, the cycle high, I should say. $38. Having a hard time breaking through that, coming back down. It was also one of those candles just way outside the upper bulling band and cooling down here is not the end of the world. It's actually healthy. It's been hing higher highs and higher lows. This is quite healthy actually. But because it's done nothing over the last month or two. You starting to have a little bit of bullge contraction here. That doesn't really bother me because it broke through the 0.6.8 0.786 and 0.86 here these high level pretty convincingly. I think it's just had to cool down this big giant uh candle over here and consolidate here a little bit, form a higher low before going up higher. But so far, this is a pretty bullish looking stock because of higher highs and higher lows and a relative, you know, bullish expansion as well as breaking above all these, you know, higher fifth levels here. So, I'm pretty bullish on Galaxy Digital. I wish I could buy more. I just don't have enough money to buy everything.
Shopify, very bullish stock. Broke about the 0.6 76 0.86 86 here very convincingly over the last four or five months. Right now, we're having a little bit of a hard time challenging the previous all-time high over here. Once it breaks, I think this thing is going to end up keep exploding to the upside here. But so far, we're consolidating sideways over here with six green candles over here and one red candle here to cool off things. Not a bad thing, right? Well, you initially have a little bit of a bunch of expansion. Now, it's kind of cooling off because of just one candle, but one candle does not make a trend. This whole trend is still very powerful and it looks like it wants to continue to palunteering after it breaks that previous all-time high over here and we are just all kind of waiting on that one that I do think that is palunteering and this is also part of reason why I cannot really be that bearish on the overall market is TEQ.
What is Tle Q doing? It's got a big arrow which I'm going to erase. My coin is this. It has broken about the 0 uh 0.786 and 0.86 over here. Initially we did break above but we had a hard time breaking above the previous all-time high. Decided came back and grabbed liquidity. Came all the way back down to the 0.05. Hit the low bing band. Next thing you know you have extremely good reaction and you have a full bull expansion. Right now you broke through 0.678 0.76 0.86. All these higher fit levels has been broken. And guess what it's doing right now? Balling expansion all-time highs poundering. This is one example as to why I cannot be too bearish on the market right now.
Looking at nets, this is one stock that I also have a small position in is making alltime high. It's broken above the 0 76 0.86. It's making alltime high full of expansion. This thing is going to keep going. This thing is palunteering. Nobody's really talking about it.
I also want to talk about AMD real quick here. What is AMD doing? Well, it's got a full bunch of expansion, right? price simply a little bit too far too fast about the bull in Japan has to cool down packed the bull in Japan it's not the end of the world what did it do well it had a green candle last month broke about the 0.76 broke about 0.86 96. Right now, it's forming all-time highs. It looks like it wants to keep going. It's just waiting for bon to expand further and attack the bungee band so it can do its thing.
Now, Futu is another one that is very straightforward here. Initially has full bunch of expansion, but it's starting to decelerate here a little bit from previous alltime high. It's got a little bit of bunch of contraction here, but it's broken about the 0.76 and 0.86. I think it's just a matter of time before this thing just continued to push up a lot higher. It's been maybe waiting for the rest of the Chinese market. I don't know if it looks like it's getting primed to really break out. If it decided to come back to the 08600 back test it before going higher, that's not the end of the world. It already did that over here back in last month. So, I think it's building a lot of energy here is trying to push through.
Now, the another candidate that I was showing you previously was Bit Farms. What Bit Farms is doing right now from previous cycle high, cycle low, it has a hard time breaking above the 0.76 and the 0.86. Now remember what I said if it breaks above these levels it's going to make alltime high. Guess what happens? First time challenging it got rejected. Not the end of the world. What's happening right now? Ballinger band expansion. What's happening right now? Price is still hugging the upper binger band is waiting for upper binger band to expand further so it can go up a lot higher. This thing right now is building up more energy underneath the 0.786 over here. I think it's going to break. You know I just don't know which path is going to come back down a little bit lower to 0.618 before going up higher. Is it finding already some pretty solid grounding over here before going up higher? I I usually talk about these um stocks. By the way, I I've been making like weekly weekend videos with Danny's on Patreon. If you guys want to check it out, that's fine. If not, that's fine, too. But, you know, there are some levels that it's trying to hold right here. Maybe this is it. And maybe consolidates a little bit more and push through. Or maybe it takes a path down to 0.618 and then push through. Hard to say for sure. All I know is that this is a bull trend because this is a higher high compared to that. This is a higher low compared to that. It looks like it wants to keep going. I just don't know exact path where it wants to. And until it breaks about the 0.786 and 0.86, it's not quite got the escape velocity to go up parabolically, but it's looking pretty decent. This is a pretty decent setup. It just needs to cool off the recent move that it just made, which is not anything bad.
Terra Wolf is another candidate. What is Terra Wolf doing? Well, Terra Wolf is having a hard time breaking about the 0.786. It's the first time there's ever challenge it. If it breaks above the 0.786, then it has a much bigger potential to go and make, you know, some all-time highs here and go poundering. But it's my first time challenging it. It's waiting for the bullish man to expand. But guess what? The bullish band is still expand all the way down to the downside here, too. It's a pretty parabolic move. It just needs to cool down. 6 months, 7 months of green candles here in a row. and it just needs to cool down underneath the 0.786 here. Perfectly rejection there. Um but it I think it will whenever it decides to do so.
Now one that I mentioned last time too was EOS. EOS got a full bunch of expansion to the upside and downside. EOS is palunteering as far as I'm concerned. Now I would like to have one final confirmation that is palunteering. It could get rejected here at the 0.6 A6. If it gets rejected here at 086, then you might lose some momentum. It might consolidate sideways over here a little bit longer before breaking out. With that said, this is a pretty parabolic bull trend. Upper and lower bullish trend is expanding. It broke above the 0.786 here very convincingly. This thing is in the process of palunteering. This thing is working up pretty decently here after I basically brought attention about, you know, a month or two ago. So yeah, I I don't it could be extremely volatile when it hits the 0.786 or it can just push through because it's got enough momentum to do it. Hard for me to say for sure, but I wouldn't bet against it right now looking at the way that it looks, right?
I want to talk about two uh two or three more things. is these are a little bit more controversial to talk about and it's a little bit harder for me to kind of put my finger on it, but I talked about silver palunteering since July. I talked about silver palunteering in the context of the 3month chart. I talked about silver looking extremely bullish because it basically was in the process of pushing through the 0.786 and going a lot higher. and it went to push through here 0.76 and 0.86 and it went for a lot higher after I mentioned it. It basically went from like the mid30s all the way to like 50s after I mentioned it in July. Now the problem with it is if you look at the monthly it doesn't look too overextended right you look at the monthly it looks okay looks like has more room to go out looks like it's breaking alltime high here actually compared to that over there now you have to zoom out here a little bit I think there are problems here if you look at 3 month 3 month is still very very bullish right it's got a very beautiful cup and handle pattern over here matter of fact the the handle is actually extremely beautiful too because basically hit the 0.5 five right there. This is a beautiful handle. Now, we're trying to break above the cup handle formation with a very parabolic bull trend here, but the three-month candle is way outside the upper binger band. If this is a monthly candle way outside, okay, but if it's a three-month candle is way outside Ballinger band, it does make me think that it's overextended. I don't know whether or not it's going to break above this zone over here and make alltime highs yet. A lot of times, even if it's a beautiful cup and handle, it could still consolidate over here a little bit longer before breaking out. So far, you have the power to do it. But I just don't know. I think it just looked a little bit too overextended here on the higher time frame. It just get gets me a little bit more cautious here. So, I'm not as bullish on it as I was back in like July when it was in the mid30s. Right now, we're hitting a resistance zone here. And we've had like how many green candles here in a row? 1 2 3 4 5 6 7. and things are starting to get a little bit overextended here. So, I don't know what to make out of silver. All I know is I wouldn't I still wouldn't bet against it. Um, but it could be hitting a resistance zone and we'll see how it reacts there because it is quite overextended even on a three-mon chart. That is one thing to kind of, you know, bring to attention.
Now, I want to bring another thing to attention. And this thing has been unfortunately not working out quite just yet. But I also want to show you that even though it doesn't really exactly look like Palunteer, what it could potentially represent moving forward and what it could be doing that I think is quite potentially quite bullish. This is the monthly chart, right, of Ethereum. With Ethereum currently, it's still holding at 0.786. We last couple few months, we had a c a few candles that broke above the 0.76 and 0.86 here very convincingly. It just decided that it shouldn't doesn't want to form alltime high quite just yet. Doesn't want to have that full bunch of expansion quite yet. Decided to go sideways and down here to consolidate. So, what did it do? It broke back down underneath the 0.86 and back test the 0.786. It also back tested a lot of things. It back test the um the um 20-month moving average over here. In addition to that, it also back tested the Ichimoku tenken and kitchen fusion here. This thing I call it katana. Last time we had a katana right there. Things just went parabolic up. Last time we didn't really back test the katana. Here we did. And when we back test the katana, it's not a bad thing. you know, this is actually quite quite a bullish thing. Higher high and higher low, right? If this is it, then I mean, this could basically mean that we're going to push above a lot higher.
Now, if you're also kind of comparing this side by side here with Palanteer, I can also potentially see that we are also at the same launching pad that we were referring to earlier. Right? Basically, this is the launching pad right here. You see a little bit of a high high high and then this higher high over here with a little bit of higher low right on top of the tank in the kitchen. Very similar trajectory. So I actually think that um Ethereum is getting ready. I think Ethereum is going to, you know, go up higher from here. Even though it's been growing sideways over here for three months, a lot of people have been really kind of caught off guard because price basically went from like 4,900 all the way down to, you know, 3100. And um it happened quite quickly and this is crypto. That's what it does. So I I think um as far as as far as I'm concerned, as long as you're buying the trend of a higher and higher higher low and you trying to capture the higher low to try to buy the dip, um I think this is actually going to turn out pretty well. I also am very bullish on this combo and I talked about this combo before. It didn't really quite touch the low bing band but it got close anyway. I love this combo touching low bing pushing to upper ben and then back test the 20. This is usually what like really truly start the bull cycle. It didn't really happen last time cuz things just kind of went up parabolically without even back test 20 moving average here. This is actually a very nice systematic way to do it. I'll show you a few example. The one example I keep on seeing over and over again is Nvidia and I think it's better illustrated on the weekly chart here. If I am looking at this combination of lower Ballinger band and 20 and 20 and up here that there's an example right there lower Ballinger band up to upper Ballinger band 20 and parabolic right here's another example over here. Low Ballinger band got close to upper bing band essentially touch it came back to the 20 parabolic right here's an opposite of that what did it do instead of low bing band upper bing band and 20 it did an upper bungee band low binge band and 20 and then downtrend right same thing here low bing band upper bing 20 went up this is a pretty bullish set as far as I'm concerned right I mean this didn't really do that over here but you see like it doesn't always have to work out that way but when I see something like that I usually get pretty excited and I think Ethereum is actually looking pretty decent in terms of the monthly uh formation here. Now, when it comes to short-term volatility, I don't know exactly what it's going to do. I mean, it could end up going chopped sideways here for longer, but I just love the low bungee, upper bun, and 20 and it has so far has a pretty decent reaction there. Also love the fact that it's holding monthly Ichimoku tank in the kitchen um as support as a potential launching pad. So this is a pretty decent poundering candidate that I have. Al although it still doesn't have the full bull trend expansion and as you can see it's just kind of been going sideways here. It doesn't have that parabolic move to really push the bull trend up further and down further quite just yet. But this is something that I'm watching.
Finally, finally I still want to talk about altcoins. I still think that all coins are setting up for something great. This is total three. Total three is the entire cryptocurrency market cap excluding Bitcoin and excluding Ethereum. Total is just a total market cap. Total two excludes Bitcoin. Total three excludes Bitcoin Ethereum. And you can see that it's been really looking pretty decent even after a lot of scares. You have the August scare. You have the April scare. August scare was like the yen carry trade. I think April scare was a tariff scare. I think and you had the October scare where crypto was going to zero on that one on Friday evening. It was just like everything just started plummeting down and they all caught a bit that basically was a great deleveraging event. All of these basically just tack the 20-month moving average that's rising and all of this basically just end up having a consolidation zone over here of this big giant cup and a handle pattern. It looks like it wants to break above the the the handle, right? If you're looking at the FIP levels here, you can see Oops. So, I don't know what the heck happened there. If you look at the FIT levels here, you can see that it's broken above the 0.76 here pretty convincingly. It's trying to hold the 0.86 here this month. We'll see whether or not we close above, but it's building a lot of energy over here. Back tested 20 because it couldn't push through quite just yet. Found a good reaction. I think the next move is going to be breakout and all-time highs here. Now, you might say this if it well, if it breaks an alltime high, then you get a full bunch of expansions. is about 0.76 about say around 86. This thing goes paneling. You might say this total 3 has a lot of stable coins there. Um it's not a good representation of the overall cryptocurrency market. I can do total 3 ES which excludes not just Bitcoin, not just Ethereum, but also excludes stable coins. What is it doing? Well, it's trying to break about the 0.786 here. It's not as bullish when you take out the stable coins. But it's still looking like it was just tagging the 20-month moving average. It's consoliding sideways over here for almost the entire year. It's got a bunch contraction. Contraction might lead to expansion. And as long as it's holding above the 20-month moving average and as long as we're able to continue to work towards holding the 0.786 over here, then I think this thing has a potential to also go palunteering as well. A little bit more of a controversial call here. I know, but I just cannot really be too bearish here looking at the overall market. I just identified 20 different tickers that look like they are either in the process of palunteering or they could be candidates for palunteering once a couple more conditions are met. But all of these are representing opportunities. Some have already taken off. I don't want to chase. Others have not taken off yet. I do want to continue to try to build a position in some of these.
Anyway, thank you so much for spending half an hour with me listening to me yapping on a Tuesday night when the market is fearful but the charts don't look too bad. I think I want to do something about it. Minimally, I would do nothing and just keep holding what I have. None of this is financial advice to you, by the way. I I I'm just a cat. I'm just here yapping and I'm just here to show some pretty pictures. All right, guys. Thanks so much for listening. Have a good one. Hey.