 What is going on ladies and gentlemen welcome back to another video on Bitcoin daily? I will be going today over the market. We're gonna do a market recap on what's going on What's been going on this week in the market and? And yeah, man, that's that's pretty much it. So let's jump right into it guys Please guys make sure to hit that follow button It is a major major key for success if you want to be profitable Got to be following this channel also hit the like button that will give you bonus bonus points and Bonus profits my bad. Just got a call It would give you bonus profits make sure to hit that like button and you will make one million dollars one day Anyways guys Let's jump right into it man. Let's take a look at what's been going on today and the last seven days in the market Bitcoin is down half a percent today Over the last seven days is up two and a half Ethereum down almost two percent today Ripple down two percent Bitcoin cash down three Binance down three Chainlink up one percent. So that's like the rare green So they're rare green in the market in the top ten coins today is chain link Interesting interesting so let's let's jump right into this chart and Like you guys remember if you guys saw our last video We spoke about this right here this divergence here that we caught which was The price went from a higher High to it went from high to higher. Wait, I'm trying to make put it into words right now What's in my mind? So we had a higher high basically, but on the RSI the relative strength index which is a basically a signal of momentum in the market Instead of it being you know a high to a higher high it went from a high to a higher low a Low I'm sorry from a higher high to a lower high and this one from a higher high From a lower high these words are like it went from a lower high to a higher high And then from a higher high to a lower high here down here so this was a bearish divergence which we spoke about and Which we said That it was gonna bring the price back down I was gonna rest for a little bit I was gonna chill out as everything kind of evened out that that is basically a mark of exhaustion and a signal that we need a pullback and You know the the price needs to break Because the sellers are getting exhausted basically the momentum you see as you can see the momentum was dying And it's still kind of going down. So this is the momentum momentum still going down And even though the price is just kind of accumulating in the same in this zone right here this range Momentum is slowly working its way down So we spoke about that we mentioned that and then we also mentioned that Here if you looked at the Bitcoin futures that there was a gap up right so we pointed out this gap up Let's let's take a look at this gap up because It's we got pretty close to filling it today. So the gap the gap up was from The high of 11205 Right and it gapped all the way up over here the next day So what was this so this was over this happened over the weekend. So this was on Friday Friday closed at 11,095 Monday it opened at 11,360 so that was a huge gap up right So if you look here, this was today We got pretty cool. We didn't close it completely But we did come down very very close if you could if you see the low here was This was yesterday actually I believe Last night in the morning. I think it was um so the low here was 11 to 25 alright and Remember we mentioned this green area. This was The buy zone where we were looking for entries here. So we were looking because of the bearish divergence right Let's go back to to the Bitcoin chart because of the bearish divergence Right, this was a divergence. We're looking for a pullback. So we didn't want to buy any breakout entries Once we once we spotted this at that point. We wanted a pullback entry We weren't looking at at the breakout entries so I In the last video we spoke about this pullback range where we would want to buy is 11,200 and That's exactly what we got here. So you guys look here today The price went all the way down to 11,212 dollars. So that that's pretty much Goes back to where that Gap up, you know where that gap is that pretty much covers it on Bitcoin's end, but we still have we we got very very close But we haven't covered it completely, but we did get where we got within 20 dollars. So That might be good enough. We just have to wait to wait and see at that point But yeah, so this level here this green area was the pullback entries We were looking for and we got it this morning As you can see here the price was tested at 11,200 range twice within Four-hour periods so that each candle is four hours looking at the four-hour candles So we tested that and we bounced back up So we're currently at that 11,357 range. All right, that's the current level. We're at And we're watching these levels. We're currently in the trade We did take some profits here close to the 11,400 range, which was our first target So we took profits And now we're holding the rest, you know, if if we go below below 11300 then we're probably selling and looking to buy lower So that's currently what we're doing right now with Bitcoin. So Entries is the pullback range is down here in the 11,200 range The second opportunity for entries are going to be the 11,000 range which is over here And then after that is 10,800 so on a pullback. Those are the three levels. We're looking at the 11,200 range is also Remember, it's also it's the pullback, right? It's the gap the gap up range No Siri, I don't want to talk to you. It's a gap of range, right? It is the a Support, you know, we've had support there several times. It's been a support resistant zone So there's a lot of price action in that range, right? That's two things The third one, there's an ascending support here that we pointed out this right here This is an ascending support from March 13th. So that's three things and Then on top of all that is is a Fibonacci retracement zone, right? So that's the fourth thing So there's four different things that are playing as a support here at the 11,200 range That makes it a very very good and strong support to to look for entry So that's why we're playing that that entry on the pullback And then on a breakout we're basically you're gonna be wanting to look for Something above the 11,500 range The only thing is that there's been a lot of fake outs above 11,500 But that still is a breakout zone As you can see here breakout Above 11,500 will lead to 11,700 which is that next Fibonacci level but Also, you have to be ready for the fake outs So if you're taking a breakout entry on 11,500 then you're looking for, you know, 11,600 and 11,700 as your two targets to take profit on So you so you're if if your first profit is 11,600 then your risk you want it to be, you know Around $50 is your risk on this breakout entry So let's go ahead and look over to Ethereum I didn't think I was gonna spend damn near 10 minutes on Bitcoin But we'll just review Ethereum and everything else real quickly as you can see on Ethereum. There was also the same bearish divergence Look how there's a it went from a higher high a lower high to a higher high and this went from a higher high to a lower high So that's a bearish divergence the momentum going down So everything's kind of been going down as well So if we're looking for entries here, our entries here is 360 Which is a support resistant zone that we've played several times and it's also the Fibonacci level right here Fibonacci retracement level so 360 as close to three hundred and sixty dollars as possible is our entry here with our targets being 370 375 probably and 380 our main targets And then the runner would would be 390 that would be the runner target And then we'd be looking to buy above 400 again for a new entry position there So that that would be the breakout. Well, that would be the support of the breakout entry would be above 380 That's where we will play a breakout entry Bitcoin cash You guys can see here, it's been it's been pretty good. We're up to 250 We spoke about this 250 area 250 is a good area for a pullback entry here. So It's a pretty good entry however As you can see the lows right here. So your your stop loss would have to be below the low So if you're entering at 250 you're talking about a low you have to have yours around 243 has to be your stop, right? So we're 250 243 you have a $7 stop Your first target It's gonna be around So there's a minor resistance at 256 and then the next one is 264 265 So we're looking at basically if it's 265 Then we have the proper You know a risk reward for that But it's if it's 256 we don't have the proper risk reward To take the trade, you know what I mean? So I'd be looking at To get in at 250 and instead of having to stop way down here. I'm gonna just I'd rather keep my stop a lot tighter probably around the 249 is very close to 46 and see a $4 stop I Would have I would start I would use a $2 stop is what I would do And we see that the first 250 the first thing is to so you could use up to $3 So let's see 247 so 247 range is where you would be looking I would probably go all the way below these two lows So 246 30 ish Where I'd be looking to set a stop probably 246 40 is where I was set a stop. I would be taking profits at 256 Be taking profits probably at 260 and 265 So that's the support entry if I'm looking for a breakout entry. I'm probably looking above 256 for that breakout entry Actually above 255 I'd be looking for that Light coin Let's take a look at light coin here as you guys can see We had that run up and then the drop back down and it's it's just it's trading with it within such a small range That I have not been Just haven't had any interest in trading this So it looks like this level here $47 is a decent pullback entry Um You know You're if you entered that 47 your first target is looks like $49 then $50 and then 51 and If you're entering there at 47 your stop has to be at least $1 50 So $1 50 your first target is $2 It's I don't like it. That's why I'm not trading it If you're looking for a breakout breakout entries is above 50 Basically, but again, I don't like that trade. I'm not taking those XRP Let's see XRP here She's been doing pretty good. It had a run up But it's been going down just like everything basically like everything else the last few days but Yeah, here the support entry is This 24 cent range This is a pretty decent support entry with your targets being 20 Looks like let me see your target being around 2460 and 25 cents 25 40 2580 those are basically the target to be looking at you're looking for a Breakout entry probably above 25 cents is the breakout entry or Above this above 26 cents would be the bigger breakout entry there Chain link so chain link we saw that it that is the only one that's green today In the top 10 coins as you can see here It didn't have any bearish divergence here so you can see lower high higher high This was a lower high higher high so it didn't pop up on the chart like on the other ones on the Ethereum and Bitcoin So there's no bearish divergence it did follow Bitcoin When everything went down so the entries here though are $10 you spoke about this $10 entry many times And then the the targets are 11 and 1150 So that's what we're looking at in chain link Tezzels Tezzels has just been going down man. I haven't liked Tezzels in a while. So I haven't traded it in a while I'm just not trading it right now. If you're looking for an entry in Tezzels You're looking for something at $2 range. So $2 is your entry here. We spoke about this range many times If you're looking for a breakout It looks like 230 is a breakout range here. So 230 would be that breakout number you're looking for above 230 Neo Neo has been very weird We haven't traded it since it dropped under $20 But if you're looking for entries here $17 is that pullback range and you're Basically your targets are gonna be 1740 1760 1760 to 1780 your second target and then $18 if you're looking for a breakout entry Gotta get over this this $18 range. So probably above 1850s where I'd be looking for that breakout entry And the last one we're gonna do is Cardano here Cardano Also had this Higher high lower high Lower high higher high. So it also had this bearish divergence on the chart here that popped up Which then everything's been going down momentum has been down So if you're looking for an entry here, the only entry we've really been looking at is for a pop-up above a thousand But another possible breakout entry is this one right here in 968 a pullback entry It's probably Lower down here on 870 range 900 range Not entering anything in these in these levels. Just don't like it, but 900 is a possible Entry, but I'm not entering there And then the last the last thing that we already spoke about was the Bitcoin futures You know, we got pretty close to filling that gap now does that count as a gap fill only time We'll tell we'll see if we can get a bounce back up and finally break up into that 12,000 range So remember that? one the weekend Today's Friday Weekends are always low volume you know Obviously this there's weekends where there is a lot of volatility and movement And sometimes due to news or something like that Or an event or something But for the most part it's usually low volume on weekends. So just keep that in mind if Entering any of these trades. That's pretty much it for us this week Thank you guys for the support make sure again Like I said if you guys want to become crypto millionaires you have to subscribe and follow this channel and You have to like these videos. If not Then you won't become crypto millionaires. It's just how it works man, but thank you guys man Thank you so much, man. We will be see you guys again next week as always peace and love peace