Prepare for BTC and ETH RETEST! (HTF Key Levels)

Alright we're live! Boys welcome to Alpha Drop my name is Ron. Martin here. And today we're gonna be looking at some high timeframe key levels for BTC and ETH expecting potential retests for BTC and let's see how we're gonna go moving forward. So very excited to see Martin back here. I'm back, nice to see you all. Hope you guys are doing well. So the caption in this video is, are buyers exhausted? Yeah. Are they tired? Why is that? We'll get a look at that. We are indeed tired. We are indeed tired. Let's take a look at what the charts are telling us. Yes okay so we're looking at high timeframe first. So for BTC our high timeframe key levels are the white lines okay this would be our range high at $95,000 this would be our range low at $78,000 and our mid-range right around $87,000 okay so a potential retest towards $87,000 is very likely because if you zoom in in the four hour you can see around this region intersecting with that mid-range lies a very large order block here. So sometime in the future price will want to revisit that area before moving up okay and also a bit of context here is the external range liquidity drawn here in this red box right here rests above our range high so also at some point in the future price will revisit this area and grab liquidity here from then on it's for BTC buyers to decide if they want to push it higher or lower but one thing's for sure we know price will want to revisit $87,000 and $95,000 somewhere between $95,000 to $96,000 right huge chunks of supply here you can even take this entire region for a potential retest of the entire liquidity but a more precise one external just rests above our range high here so now let's look at the low time frame to determine where BTC is gonna go okay so the yellow lines are our low time frame ranges we have 94,189 as our range high and 91,911 as our range low this is marked from the four hour time frame you can see price stalled around these regions right here swing failure swing failure swing failure swing failure buyers are exhausted quite likely right because we're seeing we're seeing higher highs on the price action but lower lows on the RSI and I know a lot of you guys like RSI right RSI is actually pretty useful on the high time frame it's actually good so divergence going on here so likely means whenever there is we have a divergence going on where price making higher high but RSI the relative strength index is making lower lows you can see right here means buyers are exhausted volume is drying so if you want to price to push higher up you need to retest the previous lows to grab more orders grab more liquidity and then have a cheaper discount right for the major institutionals who want to buy more Bitcoin let's say Michael Saylor might even want to buy more Bitcoin here very very likely right so we got that out of the way so that is the our analysis for high time frame for BTC wise so where is it gonna go first are we gonna see the external range liquidity getting taken out first or are we gonna see 87k take out first so the answer to that could be on what's happening today what's happening this week okay so look at the four hour this is our range right range high range low if we zoom in you can see a little bit closer inside that range as well we have another range okay bear with me here all right don't don't overthink too much but bear with me here this area is a supply region inside our low time frame range and if we zoom in you can clearly see price coiling around these regions and potential deviation is form and as of right now right this morning Asia session was a bearish session we had a break below that for our order block and right now it looks like it's retesting that area but if we don't see this high get taken out today okay preferably a four hour candle close above 93,963 to be precise then it's likely price will continue to go lower retesting range low and potentially even retesting 90,000 and from there on it's the same exact principle if we get a break below these areas it's gonna go to the next one fail to reclaim it's gonna go to the next one before we see a reversal towards the up towards the upside okay so if if we see a move like this okay fear not do not be afraid my son okay because if this week we see BTC at 87k 86k don't be afraid because this is a very good retest large chunks of order blocks here it's begging to be retested right if you are a major institution you want to buy BTC at a discount you don't want to buy now especially when volume is drying up right you want to revisit the lower levels and then push it higher so from here it's very likely once this area gets revisited we will push back higher and take liquidity at 96 97 K this red box here let's zoom out to see hopefully we see a hundred K soon right that's right right so what is price going to do if it does take external range liquidity because just because BTC will hit 96 97 or even 99 K in the future not yet confirmation for a continuation to all-time high from there on it's hard to say what price will do even the best traders in the world will not know what price will do after external range liquidity gets taken from there on they'll just have to see how price reacts how volume is looking how the order flow is looking then react accordingly but from what we know right now is price will want to revisit either here or either here okay and then what happens when we reach a hundred thousand again that are we are we gonna melt through like butter yeah going up to all-time high or uh is it just going to be a short celebration and then we go back down who knows but let's see we have uh our friend here hello YouTube says hope next fed meeting gets us back to 100 K mmm yeah hopefully yeah we'll talk about that as well but it's a very good point that you raise what um will we see a continuation to new all-time high so as I've said all right we need to see what we need to see what is going to be a good point that we need to see what is going to be a good point of um bundes were possible right um our view is going to be Fair A it's pretty much forhmillot a big one gosh we'll start to see where we need to look at more numbers on the top here this is a doji candle so very volatile that day what day was it December 5 2024 and that in fact sets the entire range for December and January let's see the horizontal range here right yeah remember this was our previous range back in January back in December when we were live streaming at that time BTC always had a very strong support at 90k right but because we had the break below this is not the range we're playing this yellow high time frame range here right here this is not the range we're playing we're playing the white range here okay so let me just delete this so that we don't clutter the charts so if we have a very strong candle body close above 104k all right so you have something like this hold on something like this right then of course yes continuation to all-time high 104k would be a very good key level then continuation to all-time high as I've said we're only bare like we're only just about actually not just we just went past halfway of the profit taking of Bitcoin having cycle there's still so much more weeks to go and I'm thinking you know previously we said BTC could hit 200k but I think maybe more realistically 140k based on the 200 price 200% price it's 140k is maybe yeah very likely but I know that I just based on everything that we've discussed all the on-chain metrics disease score whatever the fucking thing right shows it's very very bullish for BTC yes but the thing is we want to also see ETH go up mmm right yes ETH has been in the gutter yeah so let's look at ETH right so ETH now we have deleted the key levels of 4k 3k 2k with 3k being our mid-range because we've lost $2,000 as our key level and now we're trading below $2,000 we need a new range to play off of so we zoomed all the way out back to 2022 and found our range so we have our range high not at 4k it's actually 3,500 based off of the lower high in the previous bull market right after 2021 bull market then 2022 came things became bearish for crypto and this was the end of it so you know that you know the cheat sheet right the Wall Street psychology this was the I forgot what's the name of that phase but that kicked off the entire nuke for ETH so that would be our range high at 3,500 our mid-range at 2,100 you can see very strong reaction around these levels as well here nuked the first nuked right then they had a good bounce towards that lower high at 3,500 then nuked again failed to reclaim nuked all the way down to $877 so our range low now is $877 Ken is it likely we will see $877 for ETH just looking at the charts yes it's a possibility don't hate me for saying it but just looking at our ranges you know your principles range is range you react according to it and right now we're in the middle of the mid-range and our high time frame range low so but I think because we've had very high supplies for ETH so these regions right here this is one supply this region right this entire region here also one supply this entire region also one supply it's I would be optimistic because price yet again just like BTC will want to revisit the external range of the external range of the external range and the order block here in the mid-range for ETH sometime in the future ETH will want to revisit these supply regions okay so we can take the middle area as a more a more probable scenario compared to 3,000 4,000 I really want to see ETH hitting 4,000 but you know looking at the risk premiums this is what I overlooked that right I remember I talked about I told you guys if you followed me on Twitter the best data source to look at pricing large moves for BTC and ETH is looking at options data so options now is flip bullish for a lot of the large institutions who've placed massive options order and it's 100% sure this area will get taken out and with the amounts of orders coming in from the options inside this also looks like a potential target between 25 to 28 then from then on we will see how ETH will perform so if we have a rejection off of this level then it's likely and I really hate to say this but 877 could be a potential target just you know completing the pattern of the range otherwise if we see buyer stepping in right you see constant move coiling coiling coiling and then go up towards 3k 3k remember this was our previous mid range for our local range and retest that 3k level then yes 4k would be a magnet then a continuation to all-time high this is what we want to see okay so we know very high probability this area will get revisited but it's up to the buyers and sellers to decide how would they want ETH to move moving forward once price reaches these supply reaches so any expectations any predictions that you have right now you know what I'm just gonna go out and flat out say this ETH new all-time high this cycle this cycle baby you know what I'm saying it's been stalling too long it's been stalling too long it doesn't make sense if BTC hits new all-time high at whatever again yeah yeah yeah he stays down exactly right but that's just my personal opinion not financial advice a little bit of copium there but that's what the ranges are telling us okay make sense I mean ETH being number two mmm how is it that if we see Bitcoin at over a hundred thousand dollars how is ETH not gonna go up all right back to that at least three thousand yeah right at least hovering around here hmm we should get back to here soon yeah for sure but oh six months maybe we'll see I don't know for sure this this area will be revisited but from there on we want to see how price reacts and then if we get some move like this if not if it coils gets rejected off the supply then yes these levels will be revisited okay but it doesn't make sense that these levels will be revisited if BTC just continues looking for new all-time high so if BTC has the strength to really go towards like 200k BTC cycle then yes it's very likely ETH will also find new all-time high but if I'm being probable you know just literally copying what trader SZ expects you know using that 200% price extension Fibonacci where he thinks 144k is very likely target for new BTC all-time high then maybe we might not see new all-time high for ETH I don't know we'll see it's just very far off try not to predict that shit what you need to do now is just react to what the chart is telling you okay so that's for ETH and I see a lot of some people right here asking about chart requests we'll get into them in a bit okay we just want to wrap up this analysis that we have for BTC and ETH because this is the most important asset to look at because whatever they do decides what the rest of our alts do right okay okay so yes now let's look at low time frame so the yellow range is our low time range key level for ETH so looking at the daily now we have reclaimed the range high looking pretty good but if we do see BTC retesting 87k level right then ETH will lose that level and come back inside this range potentially let's actually look at the wicks and the 4 hour let's see if there's any major wick not really major but if these levels get revisited again this is where I will bid massive for ETH around 1.4 1.3 and then go all the way up to the supply area here at 2.5 2.5 levels okay so if that's clear I hope you guys understand that but if you're a little bit confused let us know okay alright let's do some chart requests we see a bunch of you guys really want to know what's going on okay GM GM yo what's up beta bot missed you yeah we got Jeff Sparrow I see some names here shout out to you guys mmm Mo K says how did you learn how to read the chart like this so a lot of different teachers first of all crypto beam is really good for high time frame key levels so he has a YouTube channel you can also watch all of his videos to learn about that and then low time frame execution is a guy called Tom trades he trades gold yeah the retail gold really good it's a lot to learn but basically the most important thing in technical analysis is key levels this is your strategy part when it comes to the execution part that's different you'll need certain entry models so for our entry model for low time frame is still opening range breakout right orb but still before that you need high time frame confluence to align with what's happening on the low time frame so key levels are best mapped out where you see a strong reaction so why this is our range high why this are range low for our current high time frame key level because you have the entire price action coiling here nuked here nuked all the way to 78k then you had a strong bounce here so so there's a big imbalance in these regions so means a lot of room to play with and in fact it doesn't even have to be on the daily on on news days on FOMC days you can even zoom in on the one hour and they will still react the same way so if you like the aha moment is high time frame trading candles is basically made up of low time frame structure inside that candle so you can zoom in and zoom in there's so many room to play with okay got it okay hello youtube since i blew up six months grind trading account i was longing ohm at 3x got fully liquidated on trading account man feels bad dude what did i tell you hello youtube don't ever do that i really hope you get back mokay also got liquidated please do risk management i really don't want to see you guys do this okay so celebify has been asking about what do you think about dot okay let's look at dot let's look at dot four dollars so let's see the monthly ah taking a page out of i not not my bit let's use a much older one still at macro support actually still at macro support okay so we know where our levels are gonna be dot is doing a lot of things though yeah that's for sure month monthly supply here so you have your high time frame ranges wait we'll just take the body as the supply because this is a large supply so you have your range high range low for dot this is a no-brainer i'm sure celebify you know that as well but let's look at the weekly let's see okay nothing much on the weekly same as the monthly let's look at the daily okay okay confirm deviation here that means very strong strength for this being our macro bottom because this was our macro support since august 2020 actually very good spot buy for dot that's for sure but market structure is still lower high lower low until we see this high getting rated still bearish for dot okay so these air if you're doing spot you can spot buy here but also make sure to align with how eth is doing right that's why it's important yep and the other's dominance okay so why i think one last flush for eth towards the 1400 region again because it is in line with what alts will want to do you can see this order block on the weekly since december 2020 this area has never been retested yet and on the weekly we're still lower high low low and eventually price will revisit and not price but like the action we'll want to revisit this area and once we tap into this area this is the ultimate bottom for alt coins okay ultimate bottom for alt coins okay that's why i'm still kind of straying off of major spot buys but that's a little bit different from swing longs for alts so don't confuse me when i say swing long for alts with actual major bids on the spot buys okay because there's plenty of opportunities to do swing longs in a low time frame setting right but on the high time frame if you're looking to buy spot for alts for alts and hodl you really want to buy on these levels so it looks like we're getting there closer i think once eth flushes one more time to one four this area for alts will also flush here so align this okay others dominance chart align eth chart with dot that's all i have to say celebify it's as clean as that for dot okay all right all right uh i heard that we didn't get through the resistance this week yes for btc let's see on the daily it's as clear as day i will show you okay you're looking at the daily this is our range high nobody close above nobody close above nobody close above three days in a row hence swing failure right so that means if there's swing failure buyers exhausted rsi divergence what does that all point to if you're a confluence trader retest of the previous lows okay easy right easy it's too easy to read for ron it's way too easy man um hi please tell me is party gonna pump okay i haven't seen that token in a while yeah i haven't seen it too ever since i sold it for peanuts particle network it was a little bit disappointing not gonna lie not gonna lie part is party gonna pump okay let's see ah not ok x not quite sure what they're doing right now hmm so the token launched on 25th of march march still too early to tell oh actually something certain here these levels actually yeah here this is your support deviation you can buy here bump maybe not all the way up you have mini resistance here damn dude i'm getting so good at charting it's not even a joke you have your range high here you have your supply region here i'll just take the body because this is a new token i'm not going to include the wick hey there you go okay okay so this this area is your room to play with now this is just a daily you can also zoom in on the low time frame to see if you have any opportunities playing this it's the happy face pattern yeah the smiley the eyes so this type of behavior for the candlesticks on the 4 hour looks very dry like you i don't even need to look at order flow to know that the spread on these is actually pretty big for party so yeah that's that's all i have to say would would stake any of your tokens at all especially the one that has a 30 days locking period uh yeah actually for airdrop farming purposes yes why not the shortest option that they give you usually is 30 days yes for some projects that could be 60 days go for that one so what are we staking we're still staking we're staking kaito you're staking kaito we're staking uh what are the names story what about you hello youtube what what why'd you ask that what coins are you staking is it for airdrop what is it about yeah man hello youtube says is it true that eth nuked because it turned into proof of stake uh hard to say but i don't know just on the invest investment side they i don't know if it's noise but uh uh they say from an investment perspective it doesn't look good cost at eth yeah but i don't really understand it's still the king of all smart contract platforms fake fud fake fud they want you to sell your e so they can be smarter than that guys yeah jep sparrow martin's back yes man i missed you yes sir can we look up jup chat oh you wanna look at jup okay jup chat let's look at jup good airdrops from jup that's that's like the only project giving me airdrops out of the hundreds that i've been farming jesus yeah so these entire ranges got lost now we're here at the bottom looking like this is actually the bottom maybe hard to say i'll take this candle swing failure swing failure so this would be a better uh key level so here bearish as fuck still for jup why because we're looking at the weekly this candle right here last week's candle no body close above so we don't have reclaim so this is not a deviation yet right if you have a body close above that key level then yes this is a deviation so you have this area to play otherwise we don't have the body close so it's looking like it could potentially free fall so maybe retest free fall okay so that's the general rule of thumb just keep it simple body close above a certain key level below a certain key level is how you determine your bias sabi write that down i missed tars ai entry yeah man yeah i mean i mean sorry about that pablo suckle but yes we did a video on tars ai on friday dude looking really really good deviation confirmed mate confirmed mate i can't believe we've seen this token at like like how much four mil four mil uh market cap when it first launched long long time ago last year and now we're revisiting this again because they are building really really great things dot as well someone mentioned about dot dot is uh serious builders mmm polka dot foundation tie usda look at that exactly what i said on friday night so how much was it at friday friday friday night was 0.06 and i told you once we have a close above that key level this area would be a magnet right so now it is ty's job to defend 10 cents okay so if it defends here on the weekly then yes we there's so many like look at this this is what ict traders love look at the high right here tjr look at the higher right here right here look at the high right here so many wicks right so these are all buy side liquidity looking to be taken out if momentum is looking good for thai so i don't know what the volume looks like let's see oh volume is pretty strong on bybit we also have to take into account uh on radium because that's also it's a big one a big one right so looking good uh very happy for thai we have our buys at 0.06 upon reclaim there on friday night when we publish the video uh and then we're looking to we're looking this week's candle to close above then we have confirmed uh we have confirmation then we'll buy at 10 cents that will be our second buy then we'll write it all the way high okay all right please this is my last request can you do solana no problem my g because we've been keeping a very close eye on seoul 148 dollars 148 dollars uh okay let's see on the weekly let me hide the fib first so these are our key levels very strong weekly body close last week above 135 so yes yes we have survived the manipulation phase of soul deviation so you have this entire range to play now i think you're curious about what's what what is it looking like on the low time frame all right let's see uh let's see let's see very big imbalance here you can see that's not a normal candlestick behavior so these areas will want to get filled one day aligning with 175 as the previous macro support right in december not really macro but high time frame um so let's see where do you want to re-entry on the low time frame uh let's see obviously your best entry was below 100 yeah yeah you should have bought there okay so that's that actually gave me idea that's good i like that martin draw your fib from the swing low towards the recent swing high so 120. i don't want to see 120 because that means we've broken structure so it could be bearish uh but you can use 120 as your stop loss 135 as a potential entry this is the cheapest that you can get based on the range we're playing put your stops here but the risk to reward is not that high but this is great for someone who has large size so something like this so say you have like a hundred thousand dollar margin you have like a six figure position yep all right that's a 2.43r so you're risking ten thousand dollars to make twenty four thousand dollars if you have a hundred thousand dollar margin but if you have a small account don't do swings if you want to make money fast you want to make money fast do day trading it's high risk but you know you just manage your risk and you're good like okay i told you i told you what about uh what was that called dang i forgot the word damn i forgot the token the titcoin what titcoin fartcoin dude are you guys not entertained that's an easy 5x for you dude crazy good bid here i actually didn't listen to ron i was being stubborn i was focusing on other ai plays right yeah huh i told you i told you this was this was generational and everyone in x is talking about far coin too yeah crazy it's like there's the beta plays that titcoin yeah titcoin feet there's also footcoin all the weird ass but yeah there's your um um the best swing long for a large size but if you have a small account uh what i had been doing before i was just look at the one hour and see if there's any potential my like another range you can play so on the one hour these are your ranges and the key here is just to be patient so you already missed your entry so it could target you also have minor resistance here so this was a big headache for me when i first learned about trading is there's ranges inside ranges inside ranges inside another fucking range but if you want to master low time frame trading you need to know you need to be aware of these ranges inside those ranges inside those ranges in another ranges right so as of right now today this is the range that you can play uh yeah i hope you learned something from that though uh who's at that ask celebify uh can you please do particle network i'll be thankful yeah already uh just backtrack to the hey shout out duka duke i remember your name duka duke hey what's up man long time it's it feels like really home over here yeah yes sir as i said to martin welcome home my g welcome home i'm sneaking juke yep same here can you ask martin about 77 bit i want to hear about what he has to say about it uh have you played the game have you not really i've been playing i tried to we tried to right yeah but it was a little bit difficult yeah it was pretty buggy but maybe now there's less traffic you can check it out but haven't been farming abstract um uh someone actually mentioned about abstract uh they asked hey we should stream on abstract too as soon as i saw this comment i actually checked my emails they didn't get back to us yeah yeah we applied for box mining yeah and alpha drop yeah and then i sneakily like applied myself for alpha drop also with another email uh uh what is it called burner email let's try to multi-farm well but no did not get back yeah abstract says who the are these guys yeah they didn't even reject it they scene zoned us they seem zoned it that hurts more even a dm yeah right it's like high school over again um let's see hello youtube hey man it's really really easy it's just the hardest part is patience because um you know once you take money pnl out of the equation just treat it like a game and then it's actually a good thing if you lose because if you journal those losses and identify the environment note it down in your journal and just do the complete opposite this is actually what i learned from tom trades he said the best way to win is to lose first because you mark down all these losses and then see why that trade loses then you learn and then what what you do is you do is you do the opposite it's that simple i think even if you're in a losing streak and you're running dry in your account if you're starting small uh after so much losing like you end up taking your trades a lot more serious yeah like you really focus on conviction plays less volume more quality yes especially once your uh margin gets larger so let me see if i can log in the bybit so the last time i showed you guys the bybit account it was around i think 8k even though like my win rate is not high right now i'll show you 40 percent uh hold on okay so now we took the account to 11k uh let's look at the yeah these few days got stopped out pretty bad this week this week 34 percent win rate only this week yeah but you see how all these losses i protect myself so that i don't get liquidated like look i progressed so much taking this bybit account from 1.5k last year to how much now 11k right uh if it only takes one trade to liquidate all of that progress so who is it hello youtube right uh mo k got liquidated you see hello youtube says what it was grinding right what's the hell youtube that says yeah grinding for six months and it only takes one trade in oh mantra yeah for mantra right which was scary because even situations like that you think that would never happen will happen might happen and when you're trading it's always i am never uncertain like that guy from billions you're still at episode one right episode two episode two i am not uncertain this is this should be a mantra for you okay put download this and put this wallpaper in your bedroom and you'll be a better trader overnight that i promise you that so it's uh the key is really daily affirmations yes okay daily affirmations uh let's see so a chart so a chart is already running uh there's no good entry on the high time frame because it run really really hard like look at the weekly look at this godly candle from two dollars 11 cents closed at three dollar 53 cents so if you want a potential high time frame entry this area is your order block but seeing as how the volume on the weekly is actually really really good matching the previous levels here it's actually higher than the all-time high formed here meaning very very strong interest from the buyers this is where you want to place your high time frame entry if price ever comes down here but let's see if price ever comes down there how do we determine that let's actually zoom in and see oh look at that ict traders be like fair value gap you got your fair value gap yeah you can actually use this as a your potential entry to fair value gap um um i don't know how to use that correctly but i know what a fair value gap is okay let's look at the four hour maybe oh wait let's see i see a little bit of movement here okay we got resistance here at three dollar 52 cents actually in the current one swing failure swing failure swing failure so i think another swing failure it's likely it'll recoil maybe retrace back to your fair value gap i can't believe i'm saying this i'm using ict concepts either there um or even here you have order block here okay okay if you want low time frame because i've seen um some comments saying oh ron also cover low time frame not just high time frame okay so we'll do low time frame this might be a little bit messy but let's see right there you also have right here so you can draw a box this will be your box but i'll just draw a line because it's cleaner a little bit sr no not sr order block so potential retest here oh actually we have so much information on the one hour but also like information on the low time frame but in alignment with high time frame execution so if you want a swing long play these are good and re and uh good entries so order block here but you know because soy has been very strong on the weekly this is a scout play rather than a swing long but if you want if you think so you can reach new all-time high again which was what over five dollar 37 cents then these areas are good um uh price levels to add on to your position yeah you have your range here there you go okay you can play here today tomorrow let's see it says i am eligible to mint quantum core nft in 32 hours oh 77 bin huh oh if they don't reply you it is fishy watch out they are sbf2 oh yes i have a sbf2 on my side dude i already cut my hair i don't know i don't know just reading comments it says i'm eligible to mint quantum core nft in 32 hours oh that's why nice yeah cross check with all 77 bit uh that the quantum link is indeed legit yeah i want to talk about huma finance i'm sure you must have heard about it is it really worth farming feathers over there we didn't do the kyc yeah for huma finance so if there's kyc it's it's it's good because it's it weeds out people weeds out symbols for sure uh but yeah you can try huma finance not bad can we get tier list on airdrops on coins being back then raiding youtubers was a fun video too superman yeah man for sure can we get tier listed yeah back when uh we rate we also did a tier list for youtubers i think or technically we can do a tier list for youtubers i mean we we uh put all the youtubers we vouch for on the air droplet yeah you can rate them just for content nature guy says oh oh i remember you from cashmere did you win any sign token no i didn't have any uh any of those orange dynasty soulbound tokens or sbt so i didn't get any sign uh airdrops but i think one of our viewers uh actually managed to grind for the the the easiest one which is the the twitter activity so really good because he's only uh 600 or it was this 700 people that actually qualified for the sign airdrop sign sbt yeah okay but it's the last when we did the live stream last week it was like 700 people 800 people crazy it looks like it got hit by boom boom boom boom boom boom boom boom boom boom boom all right all right all right i'm a five says thank you guys so much i'm leaving have a great day and i think yeah wrap it up yes sir you guys have been lovely you know what to do smash up the like button subscribe to the channel my name is