 What is going on ladies and gentlemen welcome back to Bitcoin daily? How you guys doing today today is? October 23rd 20 20 356 p.m. Eastern Standard Time and today we're doing a quick market recap of the week and And that's basically it Before we jump into it though make sure you're hitting that follow button make sure you're hitting that notification bell Make sure you're hitting that like we need these like guys we need these comments because it helps us to continue to grow on this page and You know how that YouTube algorithm is if you guys don't engage with the video then it can't grow So we're trying to build up this community and continue to spread this free Content and knowledge and get it out there for everyone to see So let's jump right into it guys Hold on. I'm gonna give you guys a second to make sure to like the video and Subscribe to the page. I'm gonna give you guys a second. Yes. Do it. All right. Let's jump right into it guys So today what we are doing and move my face out the way We're gonna look at this beautiful chart here. It's beautiful breakout That we spoke about All last week and probably the week before I don't know we've been speaking about these for a while So hopefully you guys have been listening So the first thing here is this is a daily chart. So we'll see this right here. It is both like here that we talked about and Remember I told you guys remember that one time I told you guys. Hey guys Make sure to buy right here. This is the buy area Very important Hopefully you guys listened because look at that takeoff right off that buy area. Look at that boom That is money. That is money. That is It was about the $2,000 takeoff from the point of entry where I told you guys So, I mean, hopefully you guys listen to me from now on if you didn't listen when I told you guys this anyways Back into what's going on currently So as you can see we had this crazy crazy takeoff, right? You can see here on the daily The RSI is about at 80 mark 79 So we're an oversold territory But remember things could stay oversold for days weeks months years Doesn't really matter. It's it's it's a sign of momentum a lot of the time as well. So you have to you know That can't be the only your only signal, right? But what we are seeing is it's slowing down here, right at the 13,000 mark. This is where we've been rejected The highs that we hit was 13 to 39 Over the last few days this week So the big news this week was the PayPal you can now send and receive and shop with cryptocurrencies or It's coming to PayPal in the next, you know, a few weeks or so So today's high is 13,042 when the low is 12,727 so that that low is very interesting to me that level right there 727 700 level right so that's a level. I am interested in I've seen a lot of Price action there. So let's zoom in a bit so we can You know get down to the nitty-gritty here So let's take a look here And you'll see that that 700 level has been respected, right? So I'm really liking the 700 level look when we broke out came down to 700 Went back up came down to 700 went back up Came down to 700 down to 700 and then down to 700, right? So I'm looking at the 700 level now as it a buying opportunity It seems like buyers are coming in at these levels. So I I'm really liking the 700 level The idea here would be to buy as close to the 700 as possible and and Have a stop basically, you know at below 700 somewhere below 700 So let me Let me see if I could just can I duplicate this? How do I What if I just want to duplicate it? What if I just want to duplicate it man, I just want to duplicate it here it is Clone right So can I can I can I grab that now I cloned it is it locked? No, man, not this What this? Man, I cloned the wrong thing guys. Let's try this again. There we go. Oh My goodness. Why is it so complicated? I just I just want to take this. There we go damn, I Just want to take this they make it so complicated for me, right? So I think I cloned something over here. What did I clone? I think this one's a clone, right? Is it? No, it's not that one. I Don't know. I cloned something. I don't know what I cloned So let's let's move this over here But this all right there So at the 700 area, this is what we're looking for, right? So this is remember in trading There's no such thing as an exact number People always want exact numbers guys. I can't give you exact numbers. There's no exact numbers It's all zoned you have to be you have to play these zoned You got to learn how to how to play within the zone guys. It's just how it is You got to accept it accept it just accept it guys So we've touched here in the 700 many times, right? Including today's is today. Yeah, including today So this is where I'm looking to buy right now. As you guys can see this is a Bull flag forming here So it's only a matter of time Before we we get a continuation if if we end up getting a continuation remember bull flag The probability is that you see a continuation when there's a bull flag, right? So I'm just kind of drawing just to get an idea of what we might see Right so this this is pretty close. So We have a symmetrical Triangle right here Where it's it looks like it's bouncing using these zones right here So what we're looking is for a breakout at some point before this here, right? So we're looking for it to tighten up a bit tighten this range up and then boom That's what we're looking for right now So the play here is to look to buy in this green area as close to 700 as possible Or to buy a breakout, right? So, I mean if you're looking for a breakout though where where are you buying? So that's the thing so that the first number to use as a breakout is 13,000 right 13,000 is a resistance and it's a big whole number We like it Now the thing is You're gonna get it's gonna it's gonna be bouncing around there a lot So that's the only thing with 13,000 Look if you bought here stopped out you bought here stopped out you bought here stopped out you bought here stopped out You know, so that's for losing trades right there So what do you do? Well? Go to your next The next highest thing right which would be 13,000 above this right here 13,045 ish So 13,045 is around it will be a little bit safer than just 13,000 So it'll it would have saved you from this one this one this one, you know So you would only had stopped out once would have saved you from all these well actually none of these times because you wouldn't have been Or the next safest thing is to buy above this high, right? So that the high there is 13,200 so you would be looking to buy above 13,200 So those are two breakouts you can use if you're looking for a breakout entry if you're looking for a support entry Then this green area is your support entry here All right, so that's that's pretty much it for for Bitcoin. That's the levels. We're looking at over the weekend So if we hit any of these areas, that's where we might be considering trades Doesn't mean that we're gonna take the trades, but that's where we considering those are those are the setups We're looking at now. You know We might or might not take it and that's that's the thing to know that information you got to join our trade group But you could just take those trades, you know, it's up to you Ethereum so let's take a look at Ethereum. Ethereum like I told you guys Everything just follows Bitcoin. So Ethereum is basically following Bitcoin here So we're not gonna just we're not gonna analyze it too much since it's the same analysis as Bitcoin Just put it on Ethereum Now here what we're looking for for entry is that this 400 section? So as close to 400 as possible I'd probably do, you know under 404 to 400 is the level I'm looking to get into as a support and if I'm looking for a breakout then the breakout entry is gonna be above 420 or 421 yeah above 420 guys so above 420 is the breakout entry for Ethereum And that's pretty much it on that Bitcoin cash Pretty much the same thing We have this We're looking both lag, but it's it's sort of a both lag It's just we're looking But we've had this big move up If you're looking to enter here, then you're looking to get in probably as close to 264 to 65 as possible Breakout entries here are going to be above 275 ish The 275 276 range is the breakout entries here but This level is interesting as well, but you might get stopped out a lot there So look yeah, those those are the breakout entries Like coin like only finally got some life finally some movement You know I talked about all these breakout entries and it finally came through So hopefully you guys entered one of these if not we didn't either so it's okay Looks like $56 is the resistance here and 54 is a support so you're looking to enter around 54 as close to 54 as possible and you're looking to enter a breakout above 56 If you want to be safe then above 57 is a safer option for like coin XRP we finally saw a pop as well even though we do have some retracement here It looks like 25 cent is the Support here So the pullback would be that 25 cent range breakout oh Man breakout would be above 26 cents so above 26 20 is a breakout for XRP Chain link same same pattern. We have a bull flag here The support is a $11.80 the breakout range is probably going to be above $12 You see it's at 12 right now So 12 is not a bad range to jump in right now The next breakout though is above 1250 That is for chain link We do see lower lows. We see the momentum going down a bit But yeah, that's those are the two entries there that that we would be looking at Tezos we had to move up as well. We have this Consolidation period now here. So the entries I'd be looking for is around 220 Breakout I'm looking for is above 225. So a very small range. We're not really trading this Neo So Neo finally got some life in it You know moved a bit and then we got rejected before that major 20 area. So 20 is that area I really like but If it hasn't got there yet, then the areas I'm looking into enter is probably at the $18 mark And you could have your stop below this 1780 area And the breakout is above 1880. So that's the breakout area for Neo Let's take a look at Bitcoin futures as you guys know, we always like to take a look at this See what's going on As you guys as we mentioned before we had these two gaps right here. This was the first gap Right, this is where it came down and it almost filled didn't exactly feel better. It was close enough I guess right and then Last weekend or this week we had this fill this gap right here didn't really fill So that's something just to keep an eye on That's a 11,400 area But yeah, everything else looks good here, you know, not really anything crazy Same formation here same pattern. So just looking for a continuation up at this point Cardano Cardano just doesn't care about Bitcoin because it did not do anything it moved up a little bit and then just went right back down So, yeah, there's not really something we're looking to trade We're interested in a position probably above a thousand sets down here. It's just Just no interest guys. Maybe above 860 but down here I don't like it And the last one we're gonna do we got a request for gold So let's go ahead and take a look at GLD This video is long already. So I'm trying to get through it quick So GLD looking at it here looks like a Triangles forming here looks like some sort of triangle, right? They mean to do that I'm trying to move this on So we have some sort of Symmetrical Triangle That we're looking at here So we might be looking for a breakout at some point And as I'm looking it kind of matches up with the presidential election So that's where I'm looking for That move that seems like it's going to come at some point soon, right? If we go to the daily, let me see if I can Tie these up together interesting Let me see Trying to get better idea of what What we can be looking for here, right? So Trying to see where it makes sense here So it somewhat makes sense here looking at Where is let me lock this so it doesn't move All right, so we placed the Feminati retracement tool Because as you guys can see there was a big move Right the move started about right here Which was 136 and it went it topped out at just about Almost 200 almost at 200 level And then it's it's had this this weird, you know Consolidation period here, right? So if we look at these Fibonacci levels, it does look like it's respected these levels You know, look at it. Look at it when I was consolidating here finally broke out Kind of consolidate under this level broke out Had no reaction here. It just took off and then here was with the rejection Back down kind of to this Fibonacci level, right? And was kind of in this channel until it broke down below it. It's kind of been consolidating up now Let me see there's any connections over here. We kind of connected all the way back here really So that's how you kind of you kind of see what where things connect You just kind of move things around and see what what connects where right? So so you guys can see here. We kind of have this ascending triangle from April that's kind of been playing a role in a lot of these Drops as it's continued its way up and it's here again. So we might be seeing some sort of move soon as As you can see there There is a What do you call it? It's all retarded is the most retarded circle ever guys um Here we go Yeah, I was trying to make this circle for you guys So yeah, so there's this Climax, you know where we would expect for a move to be made So we just got to kind of wait and see what happens here though It's been consolidating here for a bit It looks like it's using this Fibonacci level here as a resistance right now So this is just an area to watch we have gold gold is always a good hedge long term You don't we don't really actively trade it unless it's moving like this So like in this period when I was doing all this right here. We were trading it But you know, it hasn't really been doing much lately. So we haven't traded it in a bit So yeah, just something to keep keep an eye out on we had someone request that so that's basically it guys This video was 20 minutes too long Hopefully you guys enjoyed it. Hopefully you guys made a shit ton of money this week We gave you guys a lot of plays last week and on Monday Hopefully you guys were able to take advantage of those plays and make some money We know a few people hit us up saying that they used the trade the trade setups that we put up on here And they made some money. So congrats to you guys for those of you that didn't use him I'm telling you guys. We're here to help you make money. That's what we're here for You know, we're here to educate you But we're also here to help you guys make money and we're doing it for free. So Thank you guys a lot again Please make sure to hit that sub that follow that like that notification bell that comment We need all of that. We need all the engagement guys. So the more the merrier. Thank you guys Hope you guys have the most amazing weekend ever. I will see you guys next week as always peace and love